Well, if the discriminant = 0, the equation has a double root. That corresponds to the parabola having the vertex on the origin.
If the discriminant is > 0, the equation has two real roots, and the parabola, having a vertex with negative y, will also have two x-intercepts, corresponding to the real roots.
If the discriminant is < 0, the equation has two complex non-real roots. And the parabola, having a vertex with positive y, has no x-intercepts, corresponding to "no real roots."
I hope this demystifies the question for you.