Topic: Is it possible for the bitcoin to lose it's value ? (Read 35127 times)
There's a chance that Bitcoin's value will decreas its price as low as it was before. It will happen if the demand decreased. And if there's a new cryptocurrency that has more advantages than Bitcoin has, because all cryptocurrencies including Bitcoin
I think bitcoin can lose its value only as a last resort when a great catastrophe happens and the Internet disappears or another currency appears that will displace it.
Maybe when bitcoin prices drop drastically it becomes one possibility bitcoin prices will lose its own value but I'm sure bitcoin will continue to be popular because not always bitcoin price up down
i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.
Bitcoin will never lose its value. It only the bitcoin value decreases due to it's price is not stable. Bitcoin will always have a value no matter what. Bitcoin today's value is $8523 in USD.
I am not a great expert but I think this is unlikely to happen due to the fact that much was invested in this project. More and more people are getting interested in it and soon almost everyone will change to Bitcoin.
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Sooner or later, it will happen. But now at the moment, bitcoin is only gaining popularity and demand for it is growing. Sorry if my post is in the wrong place or it's not relevant.
Bitcoin has clear and open chances to loose its value. But for sure this incident might not happen until few actions takes place around the world.
Like banning of Bitcoin in most of the top tier countries, even restrictions might cause a significant downfall. But I must add, completely loosing its value might be the consequences of some unlikely and rare situations.
Like banning of Bitcoin in most of the top tier countries, even restrictions might cause a significant downfall. But I must add, completely loosing its value might be the consequences of some unlikely and rare situations.
If the value of bitcoin is the price it's possible but for real life bitcoin have no any value. This why people mostly prefer gold or other expensive metalse insteed of crypto.
This is of course possible.I think it is a little hard to get it done.But what I have learned so far is no hard thing.If all states take a joint decision, the bitcoin ends.
If I do not think bitcoin will lose its value while someone is interested in it but if someday bitcoin no one is interested then that's when the bitcoin price will drop but I'm sure this bitcoin will always have the interest because bitcoin price is getting more expensive only.
Yeah, it will only lose its value only if it will keep on suffering the neglections from everywhere and each one its user loses there interest in it or it gets replaced by some other currency stronger than it. But in the current era, it seems quite impossible as it had gained a lot of global attention and moreover I don't find any replacement for it as presently it is ruling the market...
If I do not think bitcoin will lose its value while someone is interested in it but if someday bitcoin no one is interested then that's when the bitcoin price will drop but I'm sure this bitcoin will always have the interest because bitcoin price is getting more expensive only.
Bitcoin's value is based on how many companies accept it as a form of payment, but also on other things like perceived value and also how much mining or hashing power it has. If any of these factors go too low, then certainly it is not only possible, but likely that Bitcoin would lose its value.
There is no possibility for bitcoin to lose its value because as long as the cryptocurrency is still circulating in the digital world the bitcoin which has the highest value even the market will come to the worst value down in the market, I think bitcoin will not lost its value.
I think that this will not happen very soon. In order for bitcoins to depreciate. Bitcoins have thousands of time shown their real power. This will be little injustice to say this thing that Bitcoin will lose its value.
For me it can't happen cause it will have always some users which want to invest or trade using bitcoin and this coin will live for next X years thanks to that situation.
There is a possibility that bitcoin lose its value if people stop on buying or investing on it. But it won't happen because they know the features and benefits of bitcoin.
The demand of bitcoin is still there.
The demand of bitcoin is still there.
I think no one knows for sure how bitcoin conditions 5 years to come. will still exist or lose its value. but I'm sure bitcoin will not lose its value. because the more the number of people who want to invest with bitcoin more while the number of bitcoin available in the market is increasingly limited. this will make the bitcoin price tend to go up and not lose its value.
I believe that bitcoin is strong just becouse the people are interested in it and in cryptocurrencies along with it, so if we wont be, it would not be so expensive
Yeah, it may lose its value, if we user will stop using it, i mean thats what keeping bitcoin alive, us, if we dont use it, if we stop using it in the blockchain, bitcoin will lose its value. But! But! It will not lose its value, cause we are using it, we enjoy using it, the opportunities in it, we believe in bitcoin, and besides bitcoin already prove itself to us users. So thats only my opinion, but there is also one way that bitcoin will lose value, if we support other coins than bitcoin.
Bitcoin is very strong cryptocurrency at the present and many people who want to buy and earn bitcoin because bitcoin has a good value and the only reason is many people who use bitcoin as means of payment and that is the reason why bitcoin has a good value at the present.
Yes it is bitcoin is a very strong currency, a lot of investors are involve and many are taking advantage of it's payment method because it very convenient compared to other method.
Bitcoin is very strong cryptocurrency at the present and many people who want to buy and earn bitcoin because bitcoin has a good value and the only reason is many people who use bitcoin as means of payment and that is the reason why bitcoin has a good value at the present.
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