Topic: Can bitcoin be worthless? - page 5. (Read 2843 times)
In theory, I would say yes. Bitcoin, just like everything else with value, fully depends on the demand. When the demand for it goes down to zero, it would of course would be rendered useless. Another possibility is being replaced by others cryptos that are far more superior in terms of features; which will eventually make bitcoin obsolete. All these just theories, but they are highly unlikely, since bitcoin will always be the father of cryptocurrency and will remain a champion for many years to come.
Absolutely not inspite of the high volatility of cryptocurrencies we have gone beyond the days when investors did not know about the future of crpytocurrencies and so did not want to hold much bitcoin. But with how news of the adoption of crypocurrencies are circulating i don't think bitcoin can ever be worthless again.
the development of bitcoin has indeed been very far for now. this can be seen from the price that is quite high at this time. besides, the development continues. so, I also think that it is very difficult to happen. however, people will definitely try to get bitcoin, and that makes it worth
Bitcoin will not become useless because it is already used as a means of payment. I think that in the future it will be used even more. Maybe even he will be a world currency then he will definitely be useful.
Bitcoin can never be worthless because since the existence of Bitcoin, we have been hearing many criticism about it, but still it kept developing everyday. I don't think it can be worthless, even the price that is down today will soon rise and new people are discovering and investing everyday.
I don't think there will ever be a time bitcoin will be worthless, bitcoin will forever be used be individuals and will continue to have high exchange value because bitcoin is a system that will be run in the blockchain.
why not? I think bitcoin can also be worthless because it is possible that when many people begin to lose confidence in bitcoin and are busy rolling to stop investing in it, it will greatly affect the price of bitcoin because when the offer is greater than the demand, the price is certain will continue to decline.
it can be worthless , in case if bitcoin system was hacked or something like that or there a bug on mining system that bitcoin can be mined easily and everyone can get it so easy
If you will be able to build quickly the quantum computer, that will be so easy. You will be able to take down Bitcoin and its price since you will be able to hack it though now it is impossible. There is a possibility but I don't think people will let that happen. We just hit $3K in the past months and now we are close to $6K. That is proof that it will never be worthless unless all of its users organized to do so, which is still impossible.
it can be worthless , in case if bitcoin system was hacked or something like that or there a bug on mining system that bitcoin can be mined easily and everyone can get it so easy
Absolutely not inspite of the high volatility of cryptocurrencies we have gone beyond the days when investors did not know about the future of crpytocurrencies and so did not want to hold much bitcoin. But with how news of the adoption of crypocurrencies are circulating i don't think bitcoin can ever be worthless again.
the development of bitcoin has indeed been very far for now. this can be seen from the price that is quite high at this time. besides, the development continues. so, I also think that it is very difficult to happen. however, people will definitely try to get bitcoin, and that makes it worth I think bitcoin has become strong, and bitcoin can be worthless if no one sells and buys as long as there are still people who buy and sell, then bitcoin remains valuable, or if all the countries in the world forbid bitcoin I think that's what makes bitcoin worthless
In my opinion it could happen, but there must be a big problem that befalls Bitcoin so that bitcoin owners don't believe in digital money and all sell at cheap prices with the aim of being able to become cash.This illustration certainly destroys Bitcoin, its business is maintained because of trust. When trust is lost, then destruction will surely come.
But in my opinion that condition is impossible, because now bitcoin has been used in more than 100 countries, and more and more traders are willing to accept payment transactions.
Mass adoption in bitcoin keep on increasing and bitcoin already had a lot of uses like here in our country that we can directly use it as payment method. There are too much demands so why bitcoin become worthless? In crypto world bitcoin is the strongest cryptocurrency with greater value after a couple of years in which market keeps on ups and down.
Absolutely not inspite of the high volatility of cryptocurrencies we have gone beyond the days when investors did not know about the future of crpytocurrencies and so did not want to hold much bitcoin. But with how news of the adoption of crypocurrencies are circulating i don't think bitcoin can ever be worthless again.
Bitcoin is worthless only for those who don't know this technology and its power but those who know blockchain and its value in the future knows the worth of holding bitcoin. It happens only if the whole world banned cryptocurrencies then all coins will be worthless but it will not happen either.
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 you're one of the people who had once high expectation on bitcoin to flourish in just a short period of time. But, knowing bitcoin's current situation, bitcoin still has a lot to develop. This might be the reason why you have doubt in bitcoin's capability. What you should keep in mind, bitcoin is a young technology that as of now shows great potential and also great conflicts in government's interest. Through time, this technology brought by bitcoin will soon be recognized fully.
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?
I believe that the only time something should be considered as worthless is when it has no value. Bitcoin has good value, and if you check the value in the last ten years, you will see that the value now is very much bigger than what it was back then. So anyone who is saying that Bitcoin is worthless is making a very big mistake and they say that because they don’t understand a thing about Cryptocurrency. 
I think bitcoin has become strong, and bitcoin can be worthless if no one sells and buys as long as there are still people who buy and sell, then bitcoin remains valuable, or if all the countries in the world forbid bitcoin I think that's what makes bitcoin worthless
There is always a possibility, but as a primary, bitcoin is stronger to survive, so it's too far to think bitcoin will lose its value and become worthless.
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?
I don't think so that BTC will be worthless ever. BTC is not like flat currency like others and as it using latest technology which is more secure and i think BTC will go in strong position day by day. We can see its promotion when many county now thinking about this currency for their economy. So be connected with BTC.
In my opinion the possibility of bitcoin is worthless is very small because until now there are still many activities carried out related to bitcoin both in terms of trade although in other terms, and the possibility of bitcoin will survive in the long term
When bitcoin is not used by anyone then it won't have any value but chances of happening is less since already the crypto market reaches Billions in marketcap value.
Or there is always option that there is some bug / bugs on Bitcoin blockchain that we don't know which will have big impact to this technology.
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