Is it possible for the price of Bitcoin to fall to $0? From a technical and market structure perspective, this scenario is actually almost impossible.



The famous cryptography expert Adam Back once conducted a dramatic market operation—he set up a continuous buy order, claiming he was willing to purchase all 21 million Bitcoins at a price of 2 cents each. To do this, he locked up about $420,000 in funds as support.

This behavior is essentially a symbolic statement, carrying obvious humor and irony. Anyone who understands the cryptocurrency market knows that the probability of Bitcoin's price falling to such a low point is extremely minimal. Such an extreme situation would require all holders to sell simultaneously, and for all buy orders in the market to completely disappear, which is almost impossible to occur in a real market environment.

Adam Back's move is more about conveying confidence to the market and a firm belief in the long-term value of Bitcoin, rather than a genuine expectation to acquire Bitcoin at such a low price.

This anecdote also reflects the common humor culture within the cryptocurrency community, as well as the way of thinking about extreme market situations. Even in the most pessimistic market expectations, Bitcoin still has a group of steadfast supporters who believe its intrinsic value far exceeds current market fluctuations.
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