Topic: Can bitcoins become worthless? - page 8. (Read 937 times)
Yes and No. Bitcoin is mostly like life without someone value you, in time you feel worthless. Romantico. But seriously as this point in time that is totally a no, no. So take your negativity out of your life as it is a new year for cryptocurrency and 2018 new increases will continue.
Nobody can precisely predict whether the value of bitcoin could go to zero or millions or not since it is a new currency and globally popular. The currency is yet in development stage and this makes it really difficult to predict its worth. The possibilities are on both the sides and I strongly believe that bitcoin has more potential to succeed and be worth of millions. The possiblity for it to depreciate in price might come true if the currency does not solve the current problems such as huge fees and confirmation delay but I believe that the lightning network will solve these issues.
It is very unlikely that bitcoin price would go down to zero. The price of crypto coin is mainly affected by three factors - technical value, popularity and the big organization or giant whales behind it. For bitcoin, it has another unique feature - first one. So, I bet it will at least keep the current high value in the future. However, if you are talking about other altcoins, they depends on those factors. Many of them have multiple competitors serving the same issue. Thus, their prices are not guaranteed to maintain since they may be gradually out of the view of the public. 
Of course, no one can predict the future of bitcoin, no one knows what will happen to us tomorrow ... But I doubt that in the near future bitcoin may die.
It's possible for bitcoin to become worthless. Not only bitcoin but other cryptocurrency too but the chance of that happen into bitcoin is really small right now. If you look at the bitcoin price, bitcoin stay strong right now. Bitcoin become worthless if the value dropped so hard back to $3k or even less. There must be something big happened if bitcoin become worthless.
For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.
Yes your concern is right as no one in this world can predict what will happen in the future in not just currency but in all aspects of life.In past many currencies has dissolved but these currencies where individual hasn't had any other option but it is not the case with bitcoin as it has alts to cover.Alts are the one which stables the bitcoin in critical situations. Believe it or not if bitcoin goes down the whole crytocurrencies goes down .This market is not run by people who started this but it is run by new people who invest in it. New people who invest even in alts does with a trust that they have in bitcoin.Bitcoin is brand of whole crypto company and if this goes down it it is a downfall of whole crypto world. Which is unlikely to happen. 
The only thing I believe can cause the fall of Bitcoin is community giving up on it. When bitcoin stops becoming useful, or people prefer to use other currencies to transfer or hold money it could very well become worthless. But I do not see that happening anytime soon or ever in the future.
Bitcoin will probably never really fail in the sense that it is basically a household name by now and isn't going to be losing its community anytime soon. A majority of people probably don't even realize that there are a ton more cryptocurrencies that exist and they think Bitcoin is the only one, or at least part of a very limited group. It also rolls off the tongue and is a lot easier for someone to remember than "Ethereum", and "Ripple" isn't something most people would be able to associate with the crypto easily. But what do I know, I'm just some pleb on the internet. 
it may happen, if later bitcoin is no longer used for some reason then bitcoin will no longer be valuable and its price will decrease or even not sell
If you look at the percentage of the global population that is currently involved with crypto it will probably be less than 1% but it is gaining ground and awareness so if that number even doubles to 2% think about how much new capital that will bring into the space. Everyone researching crypto has heard about Bitcoin and it is likely the first place they will think of investing so for now I don't see any chance of BTC = $0
yes, I agree with your statement, to this day bitcoin is able to survive and contribute well to the world economy and technology.
yes, because bitcoin fluctuations occur quickly. so no one can predict the future of bitcoin.
yes, because bitcoin fluctuations occur quickly. so no one can predict the future of bitcoin.
The only thing I believe can cause the fall of Bitcoin is community giving up on it. When bitcoin stops becoming useful, or people prefer to use other currencies to transfer or hold money it could very well become worthless. But I do not see that happening anytime soon or ever in the future.
Yes, it is possible for bitcoin to become worthless. Once people discover a new digital currency that would provide same benefits and same or greater profitability, they would transfer to that currency and bitcoin would lose value in the process. Or, if digital currencies would be banned or illegal, then the market price would also drop to zero.
Definitely yes, and that is the reason why the bitcoin bubble prophecy is created. Like a bubble bitcoin price can grow as much but would burst when it reach it's limitation. When time comes that people lose trust to btc future as investment to yield huge profit and not consider buying lot of btc anymore then it would be worthless.
Certainly i agree, if more people doesn't have any interest on bitcoin then possibly happen next is there is lot of selling than buying, so a lot of supply than the demand until it reaches it smallest value as its value drop into smallest then more people will get uninterested to bitcoin and i think that is the time that bitcoin value become worthless. 
No one knows for sure about that we can't predict the future there's so many things may happen it may become the worlds currency or it may become worthless since the government see the bitcoin as a threat to their economy but what if all the country looks at bitcoin as a threat right? and yes it may really become worthless when the price reaches 0 or if any technical features about bitcoin may have a problem of course people will going to look for a new safe, advance, etc. cryptocurrencies.
So yes, it may happend and it may not. We don't know what will happend in the next few days or weeks but one thing is for sure it will not be worthless this year.
So yes, it may happend and it may not. We don't know what will happend in the next few days or weeks but one thing is for sure it will not be worthless this year.
For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.
the threat of bitcoin failure in 2018,this makes some people experience when
and sell their bitcoin so the price keeps falling.
does this matter a lot?
of course because the currency is now much affected by the sale price of bitcoin
There is a possibility to become worthless but so little because of many people were interested to invest on it. They are doing their best to promote bitcoin, like in social media such as facebook, tweeter and other more. The more the people get involve in bitcoin the lesser the chance it become worthless.
could be,everything would worthless ，Bitcoin is no exception,but I hope bitcoin can become more popular than other coins .
Definitely yes, and that is the reason why the bitcoin bubble prophecy is created. Like a bubble bitcoin price can grow as much but would burst when it reach it's limitation. When time comes that people lose trust to btc future as investment to yield huge profit and not consider buying lot of btc anymore then it would be worthless.
For me even though it can sustained damaged resulting to negative image and no company accepting the bitcoin asmode of payment but i think there might be some functions which could be found useful for people regarding bitcoin.
could be, if there is a new competitor that promises as a means of payment other than btc, but I hope bitcoin can become more popular than other coins 
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