can my bitcoin drop to nothing - page 2.

senyorito123

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Quote from: (altair) on July 09, 2017, 10:51:36 PM

Quote from: funbarrel on March 09, 2017, 05:01:43 PM

Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

of course it is possible, and if you don't have the balls to lose as small amount as 40 dollars then maybe you shouldn't be investing in bitcoins at all and should just use it for purchasing stuff? I am holding because I believe in bitcoins and I am sure that the price of the bitcoin is going to grow in a longer term, even if the price went back to 500 dollars I would be holding and if you want to be a good investor and earn money then you should be holding as well.

Yes we should always trust bitcoin. Yeah anything can really happen and we're not in control of it. But let's hope for the best.
Trusting that over time it have fluctuations but it can rise again and grow. Just keep calm and trust bitcoin. Wink

Its adoption and legalazation can tell on what would be the bitcoins came in future and since the adoption of each country are getting more stronger then its pretty impossible that bitcoins will go to 0 at value since im so sure that there would be a whales that will lift it up so that the price would retain back. And if we can see downfall we doesn't need to get panic since its the normal movement of this coin and nothing serious problem attach on it.

Janation

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Quote from: nightrider on July 10, 2017, 06:18:41 AM

No, that is not possible, bitcoin has become commonplace in some countries, it has become the only acceptable currency that is allowed to circulate in a country's monetary system.

Really? The only acceptable currency to circulate in a country's monetary system? Fiat is a currency, what we are using everyday is also a currency so you can't say it like that. Bitcoin is a digital currency, so maybe what you are saying is it is the only digital currency accepted in a country.

BingoDog

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For this to happen bitcoin should become worthless but this will not happen so you don't have the reason for such worries. Your worries also reflect lack of knowledge about bitcoins so get some more information, you can start with this forum. Keep holding your coins and try to get more because in the future the value will increase and you will see that you have made the good decision for your investment.

momagic

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Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

If you don't have to spend that amount of Bitcoin then just hold it. You don't need to be worry of being devalued because Bitcoin is still used by everyone so it can not be devalued in this time and very far future.

Abricotier

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No, there is absolutely no chance, you can sleep safely !

nightrider

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No, that is not possible, bitcoin has become commonplace in some countries, it has become the only acceptable currency that is allowed to circulate in a country's monetary system.

(altair)

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Quote from: funbarrel on March 09, 2017, 05:01:43 PM

Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

of course it is possible, and if you don't have the balls to lose as small amount as 40 dollars then maybe you shouldn't be investing in bitcoins at all and should just use it for purchasing stuff? I am holding because I believe in bitcoins and I am sure that the price of the bitcoin is going to grow in a longer term, even if the price went back to 500 dollars I would be holding and if you want to be a good investor and earn money then you should be holding as well.

Yes we should always trust bitcoin. Yeah anything can really happen and we're not in control of it. But let's hope for the best.
Trusting that over time it have fluctuations but it can rise again and grow. Just keep calm and trust bitcoin. Wink

ethereumhunter

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Quote from: fujyo86 on July 09, 2017, 08:12:21 PM

It seems very difficult if bitcoin doesnt become nothing. Number of countries legalize bitcoin is one proof that bitcoin has exchange rate against currency. Bitcoin will continue to invite many investors.

i am agree, people don't want bitcoin drop to nothing and i am sure that bitcoin price will be increase more but of course there will be a correction price before to go up. just make sure to sell when you think you make profit and then if you see the price is down, you can buy again and hold for a while.

fujyo86

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It seems very difficult if bitcoin doesnt become nothing. Number of countries legalize bitcoin is one proof that bitcoin has exchange rate against currency. Bitcoin will continue to invite many investors.

Bagaji

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I see nothing that can bring the market value of Bitcoin to $0 it is not possible. Rather the value will of Bitcoin will continue to increase, even if the worst happen on 1st August meeting it can not and will not bring the market value of Bitcoin to the level of loosing it's value down to $0. God forbid!

xIIImaL

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Quote from: heretolearn on July 09, 2017, 08:31:11 AM

I can bet it wouldn't become zero. There may be a decrease in its popularity but that doesn't make it zero. Just hold on don't get panic, you will get good returns on your Bitcoins

Correct, bitcoin is the stock which changes world economy system. There is huge adoption and implementing blockchain technology for the security concerns. As btc have these much needs for the future technology. It's costs will be remain same or move up. I hope bitcoin will be teach to 4000$ before this year ends.

shashko

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Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

Im sure that the prise wont hit 0 $. Yeah there will be a decreasing but i heard there will be a hude increase so you should keep it and wait till you get to the prise you want

planfox

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Quote from: heretolearn on July 09, 2017, 08:31:11 AM

I can bet it wouldn't become zero. There may be a decrease in its popularity but that doesn't make it zero. Just hold on don't get panic, you will get good returns on your Bitcoins

This is the safest strategy. I also save some of my savings for the future. I plan not to spend my coins for several years. I think that this will bring me a big profit

heretolearn

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I can bet it wouldn't become zero. There may be a decrease in its popularity but that doesn't make it zero. Just hold on don't get panic, you will get good returns on your Bitcoins

AmiranAbdul

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Of course there is a risk that once bitcoin may depreciate, but now it is only developing and very much in demand. I think this will not happen in the next 5 years.

linkme

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Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

Nothing is impossible, but the chance for Bitcoin to drop to nothing is really really small so that we don't need to worry about that.

itsallpc

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Quote from: bruxa on March 09, 2017, 12:57:05 PM

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

I think its hardly impossible to happen since bitcoin has got very big investor base all over the world and its being legalized in more countries nowadays.More over,mass adoption is taking place in many countries like south korea and india too expected to join that list.So,no need to worry about bitcoin.It has a great future.

lisa255

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Quote from: equator on June 18, 2017, 01:28:32 PM

Quote from: Esphere.in on June 18, 2017, 01:22:44 PM

Quote from: FlightyPouch on June 18, 2017, 08:26:19 AM

There are some strategies especially to big investors like selling all their coins, and when some people being conscious on what the big fishes are doing, they will be doing what the big fish do, but the thing is, these small fishes are being baited so the big fishes can eat them. With these scenario, even the price go down, it will always sky rocket up, that is how digital currency roll, so there is no need to panic.

Panic stems from the fact that no one likes to see their money going down ,you could see big dumps in price and the volatility is crazy,i am expecting some form of crazy dumping in the coming weeks because of the uncertainty that remains in the name of scaling and it might pick the momentum later.

I am also expecting the same dump and if my guess is not wrong very soon we can see nearly $1500 btc price as btc is not able to breach $3000 price and everytime their is price rise their comes dump like some one is selling on each rise of bitcoins

I also noticed that as soon as the price of bitcoin becomes very high, then immediately there should be a collapse. Maybe this is due to the fact that everyone is trying to sell coins at a high price. And this provokes a collapse

equator

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Quote from: Esphere.in on June 18, 2017, 01:22:44 PM

Quote from: FlightyPouch on June 18, 2017, 08:26:19 AM

There are some strategies especially to big investors like selling all their coins, and when some people being conscious on what the big fishes are doing, they will be doing what the big fish do, but the thing is, these small fishes are being baited so the big fishes can eat them. With these scenario, even the price go down, it will always sky rocket up, that is how digital currency roll, so there is no need to panic.

Panic stems from the fact that no one likes to see their money going down ,you could see big dumps in price and the volatility is crazy,i am expecting some form of crazy dumping in the coming weeks because of the uncertainty that remains in the name of scaling and it might pick the momentum later.

I am also expecting the same dump and if my guess is not wrong very soon we can see nearly $1500 btc price as btc is not able to breach $3000 price and everytime their is price rise their comes dump like some one is selling on each rise of bitcoins

Esphere.in

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Quote from: FlightyPouch on June 18, 2017, 08:26:19 AM

There are some strategies especially to big investors like selling all their coins, and when some people being conscious on what the big fishes are doing, they will be doing what the big fish do, but the thing is, these small fishes are being baited so the big fishes can eat them. With these scenario, even the price go down, it will always sky rocket up, that is how digital currency roll, so there is no need to panic.

Panic stems from the fact that no one likes to see their money going down ,you could see big dumps in price and the volatility is crazy,i am expecting some form of crazy dumping in the coming weeks because of the uncertainty that remains in the name of scaling and it might pick the momentum later.

Topic: can my bitcoin drop to nothing - page 2. (Read 5482 times)