Is it possible for the bitcoin to lose it's value ? - page 17.

Saksham

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

The value of Bitcoin it can be manipulated in the market place but it will never become worthless, there is a lot of technology and vision behind it.

Creating N Action

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No, it's possible to go down but never happen to lose its value. Bitcoin value is so volatile that's why we don't have idea about the downfall and grow up of its value. We all know that the value of bitcoin was run into the most valuable currency in the world so that it's better to work in bitcoin from now until to become a valuable currency . we don't have deep reasons to lose its value. Don't be afraid to the volatility of bitcoin because it's natural to their value and also bitcoin value can't be lose.

grandbrad02

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Quote from: JacLuck on December 27, 2017, 08:57:09 AM

In my mind this is possible as all thing will lose its value over time, it is a part of the competition we have and need we have in order to grow more and continually

Noone can predict about the future, anyone could think that after 5 years , Bitcoin turn into the most valuable currency in this world ?

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

Unlikely - with the amount of liquidity in the market, unless there is a critical error

JacLuck

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In my mind this is possible as all thing will lose its value over time, it is a part of the competition we have and need we have in order to grow more and continually

androidr

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There is a lot of such scenarios and it is hard to choose the correct one and predict.The downfall is likely, but you will know when the dump will start. (if the news will be very very bad for crypto or bitcoin).So in short term we could expect that but as you write in the long term perspective bitcoin's value should only growth.

Wong Goblog

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I think it's possible, when bitcoin prices are no more than $ 1 or 9 years ago then everyone assumes that bitcoin is useless, the same thing can happen someday when bitcoin is worthless.

Chrisjay29

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

Will its noy posible that bitcoin price lose but as long as many user invest in bitcoin. I dont think the price will lose.Bitcoin price fall its here natural many user eait for it so they can buy and hold.as long as your country didnt not banned bitcoin you will not lose it..

Konthol Ngaceng

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Quote from: Jingjess on December 23, 2017, 09:36:15 AM

Yes,there is always a possibility to lose the value of a bitcoin but there's nothing to worry about it as long as we are using it then the value of bitcoin will never lose,bitcoin is already known by many countries and many people had already invested in bitcoin..The value of bitcoin is unpredictable but as we observed the value is getting higher and higher.

Yes I agree, anything can happen even faster than we expect, if bitcoin can go from $ 1000 to $ 16,000 for a year the same thing can happen, we must be vigilant and keep watch on the development of bitcoin.

oxidoreductase

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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. Bitcoin's value right now is so high and even there's a trouble that occured during the banning of bitcoin in China, bitcoin did not completely lose its value. This just simply show how bitcoin's value is firm right now that it has been dominating a lot on different countries. Maybe it may fall down but loosing its value is too far from possible.

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

You are just new what you said earlier. I think there will be no way more to push it back. It will go up as it now. Its a digital world everything become digital and moderm as well. The using of bitcoin is increasing day by day highly. And everything is comebout to be a blockchain. So it it is cryptocurrency which is a great platform so I never think again it will push back more. I think it will going to touch 50000$ in near future. Everyone now are hunter to earn bitcoin so that it is unstoppable and never come up lose his value. So its a suggestion from me to invest in bitcoin without fear.

Jingjess

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Yes,there is always a possibility to lose the value of a bitcoin but there's nothing to worry about it as long as we are using it then the value of bitcoin will never lose,bitcoin is already known by many countries and many people had already invested in bitcoin..The value of bitcoin is unpredictable but as we observed the value is getting higher and higher.

MyIdeas

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Quote from: eekkaa on December 22, 2017, 10:26:54 AM

Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

this could happen if bitcoin fails its security system and that seems unlikely because bitcoin is the answer to a future problem to create a very secure and convenient digital currency to use. so developers and blockchains work hard to always improve the security of bitcoin.

Yes this is the one thing we can give surety. Yes there may be some loopholes but still bitcoins are the most secure coin in this crypt world. Bitcoins are the future and this is the only one coin that have such big potential to remain secure and safe. And if these two features are just taken out of the bitcoin, believe me nobody will be going to manage dealing in this coin.

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

two weeks ago the bitcoin was almost $ 20,000. but then he lost value and stretched to 10,000 dollars. You know it was even cheaper in earlier times. but gradually increased its value. so there is no specific answer to the question you ask.

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Quote from: Tavarez on December 22, 2017, 10:42:30 AM

Frankly I am not sure why people are panicking? This value drop is logical and expected....been coming for a while. With Christmas, profit taking, etc. this was going to happen. Have a look at last year's charts the same thing happened. Those who are not daily traders just ignore all of this, you shouldn't be looking at the price unless you want to lower your initial buy in. Why to stress yourself?

Exactly, i also expect it to happen and I wasnt surprise about the bitcoin value drop. Because as the bitcoin is volatile it means that it will increase sometimes and decrease after it. Maybe they are new here thats why they are panicking because they didnt know how bitcoin price change in every second.

Tavarez

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Frankly I am not sure why people are panicking? This value drop is logical and expected....been coming for a while. With Christmas, profit taking, etc. this was going to happen. Have a look at last year's charts the same thing happened. Those who are not daily traders just ignore all of this, you shouldn't be looking at the price unless you want to lower your initial buy in. Why to stress yourself?

Rozcobs

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Yesterday I heard a news of the bitcoin downfall. A big share in the stock were gone. Some exchange in Korea got bankrupt because of that. Then it fell to lower value. But to tell you that it happen also same like this before back that it had fallen. We have to understand that this is economic aspects of business that there is ups and downs. It will fluctuate everyday if would think. Some people in the downfall may have been affected but others kept on there horses to not let loose the coins easily. So there's risk to it. People who have kept their will see in the future a good benefit when the bitcoin rises again rather than to those who would remove all their investment at all. So for me really based on the stats from the years back before, I think strongly it will not loose its value but only a few days weeks of downs but will rise up again as many will continue to invest and trade this coin. It's only a matter of time but not for loosing its value which is not desirable.

eekkaa

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

this could happen if bitcoin fails its security system and that seems unlikely because bitcoin is the answer to a future problem to create a very secure and convenient digital currency to use. so developers and blockchains work hard to always improve the security of bitcoin.

resty

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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 that Bitcoin will loose it value. Maybe it will just dump hundred of thousands but will not loose it's value. Bitcoin price is continuously rising as we all know. There are many times that Bitcoin dumps but like what is expected it will back to normal after all. Loosing it's value is hard to reach because of it's price today.

decoder88

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Quote from: AlexSimion on June 14, 2017, 04:43:40 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.

Yes, I can say to you that it is possible in a way that if bitcoin would not be used by many people or if people stopped working and getting into bitcoin business. That issue will somehow make bitcoin forget by many people and lose being famous. If bitcoin businesses stops, as well as it's value will fall down.

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