Can bitcoin be worthless? - page 6. | Bitcointalksearch.org

Tungsten-1

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Quote from: MFahad on April 23, 2019, 11:30:53 PM

Quote from: iwhoss on April 23, 2019, 10:13:27 PM

Impossible Bitcoin will never be worthless the real question you should be asking is wether Fiat currencies will be worthless

Fiat and bitcoin both are not going worthless, both have on position. Actually, it is common thing, when bitcoin price is going to down then people think about bitcoin that bitcoin is going worthless. In my view, within few months when bitcoin will take position, then we forget this thing that bitcoin was worthless.

Only those use to say that who are not sure about the abilities of the bitcoin, it has more value for me and it will remain number one forever. We should invest with trust and faith on increasing ability of bitcoin, for me bitcoin will gain even more value as investors are investing to gain profit, never trust those fake news just keep holding and you will see the actual worth of bitcoin.

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Quote from: MFahad on April 23, 2019, 11:30:53 PM

Quote from: iwhoss on April 23, 2019, 10:13:27 PM

Impossible Bitcoin will never be worthless the real question you should be asking is wether Fiat currencies will be worthless

Fiat and bitcoin both are not going worthless, both have on position. Actually, it is common thing, when bitcoin price is going to down then people think about bitcoin that bitcoin is going worthless. In my view, within few months when bitcoin will take position, then we forget this thing that bitcoin was worthless.

hope it is as you say. well, we know that the function of bitcoin is to be an alternative payment, and this can be compared with fiat. well, in this case, we know that developments will continue to occur, and make the position of bitcoin stronger. I only hope that this development continues into the future.

munareal

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Bitcoin can not be worthless. It is a coin that was less than a dollar when it was created and within 10 years its price was over 20 000 dollars to just one Bitcoin. Is is highly volatile but It can not be worthless. Bitcoin is seeing a massive adaptation as people are seeking refuge in it. Proactive countries are looking into its technology for future use.

syamster

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Quote from: semobo on April 23, 2019, 11:37:15 AM

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.

Yes we are the reason why the bitcoin is being use all over the world we are the reason why bitcoin is ruling over the market and people are so excited about upcoming updates about the price of the bitcoin, it can never become worthless as there are millions of people who are using it on daily bases for investing, trading and for other uses to.

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Quote from: iwhoss on April 23, 2019, 10:13:27 PM

Impossible Bitcoin will never be worthless the real question you should be asking is wether Fiat currencies will be worthless

That's wrong my friend, if fiat goes worthless automatically bitcoin will also go worthless, because till date we're calculating the value of bitcoin in terms of USD or with the currencies of respective countries. When we start to use mention bitcoin in terms of satoshi you can say fiat will go worthless same as that few country currencies that were stopped from usage.

MFahad

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Quote from: iwhoss on April 23, 2019, 10:13:27 PM

Impossible Bitcoin will never be worthless the real question you should be asking is wether Fiat currencies will be worthless

Fiat and bitcoin both are not going worthless, both have on position. Actually, it is common thing, when bitcoin price is going to down then people think about bitcoin that bitcoin is going worthless. In my view, within few months when bitcoin will take position, then we forget this thing that bitcoin was worthless.

shesheboy

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Quote from: iwhoss on April 23, 2019, 10:13:27 PM

Impossible Bitcoin will never be worthless

for now yes but in the future ? we'l never know . there are cryptos out there ( altcoins and erc20 tokens ) most of the coins under this category are are a hell more better than bitcoin in terms of a currency use because they are cheaper . they also have cheaper transaction and transfer rate is also much faster compare to bitcoin . while they can also be used for an asset use . but im not hoping that bitcoin will end as im not an anti bitcoin .

Quote from: iwhoss on April 23, 2019, 10:13:27 PM

the real question you should be asking is wether Fiat currencies will be worthless

thats a good question you got there meyt . right not , fiats are now threatend due to the existence of cryptocurrencies .

iwhoss

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Impossible Bitcoin will never be worthless the real question you should be asking is wether Fiat currencies will be worthless

Landak

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Talking about the possibilities, surely the answer will always be "Yes". someday it will definitely be replaced with something new, not in the near future but surely it will happen. By seeing the amount of legalization/kyc on the market and so on, I think bitcoin is no longer 100% anonymous, starting from here someday there will be a new system/coin that will replace it. this is only talking about a possibility bitcoin is worthless

markstivn98

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Quote from: catur_072 on March 11, 2019, 08:01:36 AM

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?

The market can not be predicted, but I do not think the bitcoin value can fall to zero. This can happen if its use is banned or there is a competitive currency. This is not possible, as everyone expects an increase in the price of it. We are optimistic about the future of bitcoin

hahay

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Yes indeed there is no currency that can be considered very safe from failure, but as long as the market has a large activity, I think failure can be avoided even if the price cannot be stabilized, but it proves that the market does have many interested people who will keep its value. That is what happens to a currency that continues to be valuable and when a currency is worthless, then as much as possible they will increase it again and that is what happens in the crypto market where even though the value falls, there are still many people who hold it and keep for good value.

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Quote from: catur_072 on March 11, 2019, 08:01:36 AM

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?

For me as long many people used bitcoin,,bitcoin will survive. I used bitcoin personally to buy load and to pay bills, so I think bitcoin will never worthless. Bitcoin now is popular in many country and have good foundation that never worthless in the future.

semobo

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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.

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Quote from: freedomgo on April 23, 2019, 08:44:47 AM

Quote from: Kadal Ijo on April 22, 2019, 11:35:28 PM

Quote from: trimulia on April 22, 2019, 08:09:37 PM

bitcoin grow because gain trust from many people then someday if there is something bad about bitcoin, people will no longer believe in this currency

As long as someone uses it, bitcoin will continue to be valuable, but I'm sure that someday many people will leave bitcoin because there is already a system that is better than bitcoin.

That's possible but it's not likely to happen in the future.
Even now, there are good coins which are better than bitcoin but it's the people who are choosing to stay and they make bitcoin so dominant.
A classic example is gold, why still people are making it valuable when there are more useful asset than gold.

I think this is inseparable from the factor of trust. the more people who believe it will be more influential. we know that everyone recognizes that gold is a valuable item especially since this has happened since ancient times

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Quote from: Kadal Ijo on April 22, 2019, 11:35:28 PM

Quote from: trimulia on April 22, 2019, 08:09:37 PM

bitcoin grow because gain trust from many people then someday if there is something bad about bitcoin, people will no longer believe in this currency

As long as someone uses it, bitcoin will continue to be valuable, but I'm sure that someday many people will leave bitcoin because there is already a system that is better than bitcoin.

That's possible but it's not likely to happen in the future.
Even now, there are good coins which are better than bitcoin but it's the people who are choosing to stay and they make bitcoin so dominant.
A classic example is gold, why still people are making it valuable when there are more useful asset than gold.

Ellen Adarna

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Quote from: catur_072 on March 11, 2019, 08:01:36 AM

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?

No. bitcoin cannot be worthless because it is more valuable than any other cryptocurrencies and other currencies.

OrangeII

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Quote from: ufaiz50 on April 22, 2019, 11:09:25 PM

Quote from: catur_072 on March 11, 2019, 08:01:36 AM

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 think with the fluctuations that occur and decentralization in crypto, users will understand the value of crypto, worthless can happen and you already understand that because there is no currency that escapes damage including FIAT which depends on the country's economy.

well, the instability that occurs in bitcoin can make that happen. however, the positive developments that occur today are still greater than the negative ones. besides, every day bitcoin users are increasing. of course this has a small chance to occur.

Kadal Ijo

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Quote from: trimulia on April 22, 2019, 08:09:37 PM

bitcoin grow because gain trust from many people then someday if there is something bad about bitcoin, people will no longer believe in this currency

As long as someone uses it, bitcoin will continue to be valuable, but I'm sure that someday many people will leave bitcoin because there is already a system that is better than bitcoin.

ufaiz50

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Quote from: catur_072 on March 11, 2019, 08:01:36 AM

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 think with the fluctuations that occur and decentralization in crypto, users will understand the value of crypto, worthless can happen and you already understand that because there is no currency that escapes damage including FIAT which depends on the country's economy.

trimulia

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bitcoin grow because gain trust from many people then someday if there is something bad about bitcoin, people will no longer believe in this currency

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