Bald?!!!!

If people go bald it tends to be either because they have the genetics to do so, they are on medication that makes them do so or have an illness, they have damaged it a lot with chemicals, or sometimes they can go bald around the hairline if they wear it up in a style that's pulled too tight. 

There are lots of myths about lots of things out there that people just pass on to each other without knowing about it, having researched it, or having tested it themselves.  I don't know why we humans do that!

 Either way, your scalp can't possibly be dried out with all the conditioner and oil you use anyway.

Noooo, I wouldn't have thought you'd go bald! I would have thought that if anything you will maintain hair that's in very good condition.

Sometimes, some people tell me things, and I can't help but to smile to myself, while I wonder, "what in the world!?".

One thing to consider is that if the pores get clogged new hair will stop growing in.  Excessive oiling or conditioning without proper cleansing could cause clogged pores on the scalp which would in turn lead to thinning.