Is it possible for the bitcoin to lose it's value ? - page 18.

alexsandria

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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 at somehow point bitcoin value has a possibility to disappear not just because many people are using or not using it today but of course if the system or the production of bitcoin is somehow affected. Many people will actually sad about that if that happens. And also I think one reason that will result to it is because of bitcoin fees and lack of security.

dantheman666

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Quote from: Neddie1908 on December 22, 2017, 09:24:51 AM

It is impossible for bitcoin to lose it's value, even if lots of bitcoin owners stop buying bitcoin there will always be a few left to spread bitcoin more and eventually gain more investors or traders

I respect your opinion but I think its the other eay around. Who would want to buy bitcoin if most of the bitcoin owners have left. Without people spreading bitcoin then no one would know about it and will lose its value cause less people are demanding bitcoin.

jagadlangit

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i think it is possible for the bitcoin to lose its value
because cryptocurrency world is very unpredictable and we dont know what will happen next
and investmen in bitcoin is very risky investment , i think

Neddie1908

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It is impossible for bitcoin to lose it's value, even if lots of bitcoin owners stop buying bitcoin there will always be a few left to spread bitcoin more and eventually gain more investors or traders

Webetcoins

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Quote from: intoy_victor on December 20, 2017, 07:32:50 AM

Base on my opinion and studying about bitcoin. Because bitcoin has an unstable value. Maybe it will be. But! Bitcoin is increasing every month.

However their is bothering me. Is bitcoin price is still like this next month?

Yeah bitcoin is not going to lose the value and the importance right now and it is all because of using strategy of bitcoin and demand of bitcoin that is increasing gradually. I don’t think bitcoin value will ever be low. Now all my earning is just because of bitcoin and it is making high profit for a lot of people. Bitcoin is not comprehended now it will gain value but will never lose value and importance.

cepedacharles

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The bitcoin price can be lose its value and can rises but bitcoin drops can high and the bitcoin will always increase. So many rich investors prefer to invest in bitcoin because they know they will be earn big in bitcoin. The bitcoin price reaches $ 20000 but it quickly goes down because many sell their bitcoin and many say that the price of bitcoin will fall in december is due to Christmas.

reymartH

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It is possible to lose it's value. Put in mind that bitcoin starts with less than a dollar. When that time comes again. I will buy as many bitcoin as i can. Who knows what will happen in the future.

dragoz11

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If the demand and supply gets lower and lower and if people dump their btc than btc can lose value so easily and will need time for going up again, but hope that it never happens.

hashtag101

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Quote from: youdacapt on December 20, 2017, 07:13:44 PM

Quote from: matanglawin on December 20, 2017, 04:22:17 PM

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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing.

there is a degree of correction where bitcoin prices will not fall to the price of the previous period, there is always a significant price foothold, about the possibility of bitcoin for loss of value are two main aspects that may apply: the stance banning the majority of world governments, or failed hardfork systems. Bitcoin still has the potential to not continue due to several important things.

At current, I think the main of reason can makes the Bitcoin price decreases is the transaction fees and the status of Bitcoin network. There're a lot of traders FOMO by the news of devs Bitcoin.com sold all Bitcoin to transfer in Bitcoin Cash, I think it is also a reason.

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Quote from: matanglawin on December 20, 2017, 04:22:17 PM

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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing.

there is a degree of correction where bitcoin prices will not fall to the price of the previous period, there is always a significant price foothold, about the possibility of bitcoin for loss of value are two main aspects that may apply: the stance banning the majority of world governments, or failed hardfork systems. Bitcoin still has the potential to not continue due to several important things.

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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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing.

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Quote from: randal9 on December 20, 2017, 06:57:25 AM

theoretically this is possible, but do you see any warning signs of this? I don't...it grows and develops...why should it lose its value?

It won't lose its value cause bitcoin is like a perfect machine it is coming and knocking to whole doors and making himself the most popular way of paying in every country, but it need time only!

shata

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Quote from: FUD Expert on December 20, 2017, 07:43:39 AM

Yes it could happen. We are the reason why it has value today so if all of us will stop supporting bitcoin then it's going to be worthless as in 0 in value.

Exactly. You've gpt the answer in my brain. We, People are the pilot or the guide of Bitcoin on its price. If we stop supporting Bitcoin, It will become useless and no amount. Bitcoin is so volatile and it can decrease and increase its rate and value at all times. If all the people here in the world become a supporter of fiats, And they leave bitcoin. Bitcoin will down its value into 0. It become useless and priceless.

davidmike04

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I dont think so, Eith the amount of investors pilling in and the way the coin market is growing, i dont think it could ever lose its value, Thats my point of view.

FUD Expert

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Yes it could happen. We are the reason why it has value today so if all of us will stop supporting bitcoin then it's going to be worthless as in 0 in value.

jinx029

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Bitcoin, like any currency, can lose its value. This can happen unexpectedly. But experts say that while Bitcoin will grow even more

lossy

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Quote from: intoy_victor on December 20, 2017, 07:32:50 AM

Base on my opinion and studying about bitcoin. Because bitcoin has an unstable value. Maybe it will be. But! Bitcoin is increasing every month.

However their is bothering me. Is bitcoin price is still like this next month?

As you say bitcoin has unstable so what the price would be by next month is quite hard to say but due to growing networks and people being aware and having interest investing on bitcoins it's easy to say that it's more stronger and safer than before.

intoy_victor

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Base on my opinion and studying about bitcoin. Because bitcoin has an unstable value. Maybe it will be. But! Bitcoin is increasing every month.

However their is bothering me. Is bitcoin price is still like this next month?

randal9

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theoretically this is possible, but do you see any warning signs of this? I don't...it grows and develops...why should it lose its value?

The Monkey King

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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 it is possib because there is no impossible in this world, evwrthing can change. If there is no people trust bitcoin and depwnd onit I think it is the time that bitcoin will lose its value. Bitcoin can loose its value too if the people are nit investing nor trading on it.

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