Is it possible for the bitcoin to lose it's value ? - page 13.

trashvin

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“Decentralized Transportation Economy”

Quote from: AlexSimion on June 14, 2017, 05:43:40 PM

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.

I don't think so. As we all can see, bitcoin's value has become very expensive and its power grew higher than ever. Nobody expected that to happen but still it happened. Let's not brag about it anymore instead we should just enjoy the benefits we may gain now that its value is too expensive. Taking down bitcoin's value would take more than forever and I hope that would keep on happening.

LinAliza

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Enjoy what you have and earn as long as bitcoin has a greater value.. That's why they have created the trading in bitcoins eth btc and other altcoins for us to shapeshift which ever has values then we can trade our btcs to other altcoins to earn money. Also its our responsibility to be updated on whats going on with bitcoins so as we can plan ahead on what to do with our hard earned bitcoins on hand..

But as prediction for 2018 bitcoin will not lost it value yet, as I have read in an article bitcoin will still reach again 1M in pesos on or before January 19, 2018.

avi007

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Bitcoin is volatile in nature so it is possible for bitcoin to lose its value

Choii

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Anyone didn't know what is the future of bitcoin, even me and also succesful people. Because like what other said, if people they don't buy or they stop to invest in bitcoin, that's the time to loss his value or price, but it's not happen cause, if the price goes down there's so many people will buy more bitcoin because they attract for his low price, that's why it is possible for the bitcoin to lose it's value, and that's my opinion.

arrmia11

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No. It is not possible for bitcoin to lose it's value. The price may due to the supply and demand but it will go back to normal or even got higher so technically the value will not go down especially nowadays, there are lot of adapters of bitcoin. The possibility is it will got higher.

PIR

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CRYPTOBLADES Octoblades 10.10

I don't think so, bitcoin now is getting bigger and bigger in scope and higher and higher in value and people's interest is deeper and deeper...I don't think Bitcoin will lose its value, all the more it will increase and for as long as many are investing to it, it is impossible to lose it value, its stable already in the market, and many are now getting its benefit through it.

LinAliza

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Bitcoin value will never lost its value. As you can check these past few years bitcoin is going up as time passes by. As I last recall, at year 2016 having 0.001btc was just 30 - 50 Pesos in our country now its almost 1k pesos. As I study bitcoin, the more it gets popular the more its value gets expensive. Just like in buying Gold jeweleries perse from time to time its value goes up depends on the market value. The supply and demand of how it is needed in the economy.

jhean_arcane

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Quote from: Tungsten-1 on January 04, 2018, 05:08:19 PM

Quote from: ramgonzales on January 02, 2018, 05:27:30 AM

The only way for it to lose it's value is if it gets banned all over the world. When that happens, people will lose interest and get all their money out. Miners will close shop and all that's left will be a dead coin with no value. But let's get real. Since when did the whole world have a united decision against anything?

Thinking about the banning of bitcoin is similar as thinking about a snowfall in Dubai. Bitcoin is a cryptocurrency it its price can never get stable. It is expected to rise eventually. So, it’s great opportunity to invest and gain high profits from bitcoin. Bitcoin is basically a service and it eases the modes of transactions. Therefore it is a child wish to ban bitcoin.

I agree. Bitcoin will never lose it's value because it is interconnected with blockchain technology, which is a great gamechanger in the digital world. As an effect, btc constantly evolves and improves. It may be very volatile now but it's because it is still an 'infant' currency. Perhaps, when it reaches the 21.000.000 cap, it will start to stabilize (a big maybe) because bitcoin takes no heed yet on supply and demand. Other countries may ban btc, but the more the government restrict it, the more people become curious about it until it becomes a major discussion, which opens to endless topics which will interest investors and normal people like me.

CryptoCelebritiesTreasure

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No, it's impossible. It's just only a basement of the pyramid if we look on it as a global scale. It's jet rather small community involved in crypto, comparecing to fiat global finance structure.

inlovewith

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I don't really think so, because as soon as it goes down there are going to be lots of people like me who will buy and buy.

arallmuus

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Quote from: Activitycoin on January 05, 2018, 03:35:05 PM

I don’t think bitcoin can lose its value because bitcoin is now very strong and stable in market

What? the exchange rate is actually going up and down everyday with atleast $500 margin. Thats not what people called as stable

Quote from: Activitycoin on January 05, 2018, 03:35:05 PM

and there is also a very big support to bitcoin by some countries

Some countries do support it but some dont, the majority is still neutral for the moment

Quote from: Activitycoin on January 05, 2018, 03:35:05 PM

so bitcoin is then best currency for countries

Not really as of now because the transaction fees are quite high

Quote from: Activitycoin on January 05, 2018, 03:35:05 PM

and day by day its users are increasing there is one thing if that happen so I think bitcoin can lose its value and that is if bitcoin price stay remain on one place and it stop move so then I think that can be the reason to lose its value.

It doesnt matter if people keep using it because there is nothing certain in the crypto world. You could wake up one day just to see it become a worthless bag of coin, it is a possibility although the chances for it to happen is pretty low

Activitycoin

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Quote from: lelylely on January 05, 2018, 12:28:11 AM

Quote from: AlexSimion on June 14, 2017, 05:43:40 PM

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.

It could happen bitcoin lost its value but not for now. The jump in bitcoin prices and the more it invests in bitcoin, it will make the bitcoin stronger and will last longer.

I don’t think so bitcoin can lose its value because bitcoin is now very strong and stable in market and there is also a very big support to bitcoin by some countries so bitcoin is then best currency for countries and day by day its users are increasing there is one thing if that happen so I think bitcoin can lose its value and that is if bitcoin price stay remain on one place and it stop move so then I think that can be the reason to lose its value.

Harley29

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Quote from: cryptokitty on December 30, 2017, 07:52:03 PM

It is impossible to loss it's value even if it started to decrease it's price.. Btc is become more popular in the world, it also become a payment method in some areas, i guess it is very impossible to lose it's value.

It’s very hard that bitcoin can lose its value if bitcoin price stay remain on its one place so then I think there is a chance that bitcoin can lose its value and I’m sure bitcoin will not do so because bitcoin don’t compromise on its price bitcoin is still going high and as everyone know that new year begin so there are a lot of countries who want to join bitcoin and when they join bitcoin so its users will be increased automatically.

shezu007

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Anything is possible with BTC. Price can be up only if BTC is showing their performance excellent and get interest of more and more people and that is the main aim of BTC. while if performance of BTC is down then people will lose their interest in BTC and as BTC lose their customers then price will be start falling more and more. So it totally depend on the performance of BTC

lelylely

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Quote from: AlexSimion on June 14, 2017, 05:43:40 PM

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.

It could happen bitcoin lost its value but not for now. The jump in bitcoin prices and the more it invests in bitcoin, it will make the bitcoin stronger and will last longer.

Tungsten-1

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Quote from: ramgonzales on January 02, 2018, 05:27:30 AM

The only way for it to lose it's value is if it gets banned all over the world. When that happens, people will lose interest and get all their money out. Miners will close shop and all that's left will be a dead coin with no value. But let's get real. Since when did the whole world have a united decision against anything?

Thinking about the banning of bitcoin is similar as thinking about a snowfall in Dubai. Bitcoin is a cryptocurrency it its price can never get stable. It is expected to rise eventually. So, it’s great opportunity to invest and gain high profits from bitcoin. Bitcoin is basically a service and it eases the modes of transactions. Therefore it is a child wish to ban bitcoin.

Sophia29

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Everything is possible to happen and it will also happen in Bitcoin and other cryotocurrency if people feel its relevancy is loss, we can't prevent what future can bring but we can act faster now as the demand for buyers is growing faster weekly

Gondwanaland

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Quote from: AlexSimion on June 14, 2017, 05:43:40 PM

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.

In my opinion yes it may, because for me i believe that nothing is impossible in this world. so that it is not impossible that bitcoin value will lose. Because if there is no investors or businessman involve in bitcoin of course the bitcoin has no value also, or in a worst thing bitcoin will be not exist.

badungs

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i dont know exactly, but someday bitcoin will die.
if see history of bitcoin price, it cant replace by other cryptocurrent but it can lose the value. when all people not interest and when the all government banned bitcoin and all other coin from this world

bitcoinking11

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I don't think that would happen in near future. Bitcoin will remain the main cryptocurrency. It wouldn't lose its value. Its price has been relatively stable for the past several weeks. I believe it will pump again in three months time.

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