Topic: Can bitcoin be worthless? - page 2. (Read 2833 times)
I believe the value of bitcoin is gradually increasing, so there is no point of it getting failed in near future. As it has more advantages than disadvantages compared to traditional currency, so it has been fast adopted all over the world.
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so if paper money can become worthless then why can't bitcoin. If you think about positively on this then you will see when bitcoin reaches its potential you don't have to even sell it.
Great point, it just simply comes down to supply and demand. My bullish take on BTC is simply that is something unique in the spectrum of fiance products that people can hold and exchange, it has a unique purpose and utility online that is not duplicate to FIAT or gold etc
In my opinion it is not possible if this bitcoin is no longer worthy because right now bitcoin has started to improve and heaven is starting to attract many enthusiasts again and again it is predicted that bitcoin and friends will return to peak this year and will probably last a long time
Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
Maybe bitcoin will be worthless if there's no people wants to use it and if the value of bitcoin will gone. But as of now no one can say if bitcoin will be worthless because if you see the price now is continously to grow so its hard to determine if bitcoin will be worthless in the future. 
In my opinion of this matter bitcoin is worthless if nobody used it or it is being by the each country then that totally be usedless coin. But, I think ita impossible to happen since bitcoin is part of new innovation of technology and soon crypto will be mist common in online trabsaction and make bitcoin fame and high demabd incthe future.
Bitcoin actually grew from nothing to becoming something over a decade now due to the agreement of the crypto community and the fact that they agreeing to use bitcoin as a medium of exchange for goods and services. However it would be really difficult to think that bitcoin can ever become worthless looking at its marketcap and the number of investors who are into investing into bitcoin. Actually let's hope it does not become worthless someday.
No. It is impossible. Bitcoin is used by whole over the world. Billions dollars is invest in this currency. If it is worthless , many trader bankrupt. Besides btc use now various platform. Every day increase bitcoin user.
I think the current market condition stands the right position to answer this topic. Bitcoin holds the largest position of the entire cryptocurrency market cap. Also, Bitcoin has got the strongest, supportive and larger crypto community which serves as factors required by each coin to survive on the market. Bitcoin will continue to live.
It's true. Bitcoin has a huge user-base which currently numbers in tens of millions. But I am a bit worried about the declining Bitcoin dominance. During the past 38 hours, it has gone down from 60% to 55%. I have never seen such a sharp decline after the 2017 bull run. And to add insult to injury, it is the scam coin XRP this has gained the maximum market cap. I thought that the investors would have got wiser by now after all the drama related to Ripple. Looks like I was wrong.
Worthless is different from valueless. If we talk about worthless of bitcoin it wouldn't happen since in the first place it was created for a purpose. A lot of people gradually embrace this type of currency. Its worth will be dependent to its holder. But if we say if it can be valueless maybe it can, if those who benefit bitcoin it will not value it anymore due to falling and falling of its value.
I think there is a possibility that bitcoin may lose its value. It can be worthless in such way that if its value turns down and down after there are no more bitcoins to mine and no further development, then that time bitcoin might be worthless.
I think the current market condition stands the right position to answer this topic. Bitcoin holds the largest position of the entire cryptocurrency market cap. Also, Bitcoin has got the strongest, supportive and larger crypto community which serves as factors required by each coin to survive on the market. Bitcoin will continue to live.
nothing is immune t damage. even the government and banks face a lot of problems. but making it worthless means it doesn't have any value left. and value is generated by people.even people trade paper as money which brings its value so if paper money can become worthless then why can't bitcoin. If you think about positively on this then you will see when bitcoin reaches its potential you don't have to even sell it.
It can be worthless on some areas like the most poor countries in the world like africa. But I think after adoption, there is no stopping bitcoin from having it's value and people will embrace it as the new currency of the internet. I don't believe btc is worthless and only has no value to people who completely still relies on fiat.
Sure are you Bitcoin worthless? with the increase that happens now will make people prefer Bitcoin will continue to be valuable and useful for many people.
Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
while reading this statement in this situation this statement Falls now because after the Bull run the Bitcoin value double the price in very short period of time so it cannot be worthless in any kind of situation it will pull back its situation to the normal position in any period of time. 
When it comes to worthlessness, anything can be worthless. Cowries were a big deal those days, but now they are virtually worthless now. Evolution will keep coming and whatever was really worth much would be worthless in the future. As far as bitcoin is concerned, it hasn't even gotten to its full potential. It is just beginning. So, one might as well not think about whether it will be worthless or not. But everything will become worthless some day.
Many people forget the fact that bitcoin started from zero, it was basically worthless, but now its very expensive to have whole bitcoin. When you think about it everything started from some zero or low price, almost everything, probably there are exceptions, but you understand what I want to say.If this topic is about bitcoin going to zero again, I don`t see that happen in next 50 years, or even more, probably bitcoin will outlive us all.
When it comes to worthlessness, anything can be worthless. Cowries were a big deal those days, but now they are virtually worthless now. Evolution will keep coming and whatever was really worth much would be worthless in the future. As far as bitcoin is concerned, it hasn't even gotten to its full potential. It is just beginning. So, one might as well not think about whether it will be worthless or not. But everything will become worthless some day.
Bitcoin has been very successful for a couple of years now and I think it is impossible that it will become worthless unless if no one will not want it. Bitcoin had helped a lot of people already and it is very impossible that no one will not want now most especially bitcoin trend is very promising as of this time.
Despite of different issues like political issues, etc. We can't deny the fact that bitcoin has already value. As you can see, it is not just as a blockchain technology but can become an online payment and mostly an investment. Therefore, it is not applicable that bitcoin will be worthless. Whether for it's price or for it's use, it'll gonna become usefull in so many ways.
Bitcoin can become useless only if people stop using it for some reason. In the short term, this seems unlikely, because not all people yet know what a cryptocurrency is. The technology of digital money is convenient, practical, has cheap transfers, therefore the society perceives it positively.
It can be useless at any time. For instance, imagine the situation when you own Bitcoin, but for some reasons, you find yourself in the place where the Internet connection is not available.
It's no use. Virtual money really needs a good internet network and not slow. If there is no network then you cannot do anything with your Bitcoin or other coins.
Indeed, bitcoin has strong potential in cyrpto world and for the long years since it was launched, many people resemble and moderately acknowledge this asset as it gives accummulate profits. But we have to be aware the consequences of any possible outcome, due of high market volatility. But still I believe and positive that bitcoin will never be worthless for the more years to come.
It can be worthless on some areas like the most poor countries in the world like africa. But I think after adoption, there is no stopping bitcoin from having it's value and people will embrace it as the new currency of the internet. I don't believe btc is worthless and only has no value to people who completely still relies on fiat.
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