Is it possible for the bitcoin to lose it's value ? - page 21.

cydrix

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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.

Yes it can. Thats the feature of bitcoin that charmed almost all users by its fluctuating proccess and enexpected turn of events on the markets value also bad situations happen. It might be possible if bitcoin wilk crash a superb amount of money lets just hope minimum loss after some regulations.

Colt22

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Quote from: Ochakemaput on December 16, 2017, 07:29:19 AM

Of course possible, currency will be up and down, then if more countries will be banned bitcoin, it will make bitcoin price down and if there is better coin than bitcoin, of course bitcoin price will drop

But now looking at the image of bitcoin we can say that for bitcoin now it is not possible because nowadays there is a very high demand of bitcoin in all corners of the world and people are relying on it in many fields of their lives and they are having their businesses with bitcoin and for them bitcoin is more convenient way of transaction. So bitcoin will grow more and will not drop.

winterland

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Quote from: angaper on December 09, 2017, 04:02:44 PM

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.

This eventuality will always be possible given that there are times when certain innovative assets can live a peak that eventually ends in a decline, either by being displaced by a more appreciated good or because the market stopped considering it valuable.

In addition, there are no markets whose growth is continuous and permanent. Given the circumstances there have been large periods in the economy where bear markets are present and this is only part of normal economic cycles.

Bear markets are common but bull markets are more common that is why it is recommended in the forum to hold your bitcoin no matter what, a bear market may come but who cares at one point another bull market will appear and we will earn a small fortune with it.

chimcoin

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Yes! Bitcoin is just new and nothing is certain in all cryptocurrency value. The value of Bitcoins and altcoin is constantly fluctuating according to demand. As of June 2nd 2011, one Bitcoins was valued at $9.9 on a popular bitcoin exchange site.It was valued to be less than $1 just 6 months later.

ajdaj

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It is possible that bitcoin will someday be cheaper than expected now, but this will be a temporary phenomenon. I do not think that it will fall to the mark that was in 2013, but even if this happens it will be necessary to wait a little and everything will again fall into its place.

Webetcoins

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Quote from: poisonivy77 on December 16, 2017, 10:24:35 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 is possible that bitcoin loses its value but that would be in the long run. For now it will continuously rise up, since bitcoin prices is now in its zenith so well never know when will its value goes down and totally losses its value.

I hope this time will come never because as much as I know price of bitcoin is high and it is not going down at all. It is up to the situation I mean if bitcoin situation is good and people are using bitcoin at high level then it is good but if bitcoin is not being use at high demand and standard then it will get low in value but no worries even then because bitcoin know very well that how to rice again even after a short dump so no worries just hold and wait.

kendra1107

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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.

As many would say, anything is possible! So Bitcoin losing its value is not impossible. But I don't see it happening anytime soon. Bitcoin is simply soaring today at a fast rate and it seems nothing can stop it. Let's just sit back and watch it fly!

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Quote from: Jmabion134 on December 16, 2017, 10:31:20 AM

For me Yes because maybe people sell their bitcoins and another people sell and the people start panic and sell again and again and the bitcoin price lower and i advice people that no good happening when you panic, hold your bitcoin until bitcoin hit the moon

Yes the price of bitcoin can be lose if no more people will support on it, when the investors and the users will be gone. For now its imposible to happen because bitcoin is very popular and many people want to invest on bitcoin.

regan101

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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.

Yes. Bitcoin can loss its value anytime but it’s normal depending on the investors response to bitcoin market Maybe this fluctuation of its value be stabilised once all the 21M bitcoins are exhausted

Jmabion134

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For me Yes because maybe people sell their bitcoins and another people sell and the people start panic and sell again and again and the bitcoin price lower and i advice people that no good happening when you panic, hold your bitcoin until bitcoin hit the moon

poisonivy77

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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 is possible that bitcoin loses its value but that would be in the long run. For now it will continuously rise up, since bitcoin prices is now in its zenith so well never know when will its value goes down and totally losses its value.

bitcoinKnight809

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The Bitcoin Blockchain security system is very very high. This doesn't mean that it cannot be hacked. If in any case it does get hacked, then of course everyone would want to sell at whatever price immediately.

tawfiquecse

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Yes it's just a digital coin and like any other asset. In bitcoin, nothing is impossible. It also depends on the user if the bitcoin lose it's value. So basically if people stop using bitcoin then the price will fall down and now many investor already split ther investment in alt coin. But, of course we hope it doesn't happen and bitcoin value is always up.

Cloak1

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It could be. Bitcoin may lose its value when there is an incident like what happened in China which caused the bitcoin price went down drastically in the market. However it didn't last long. The price could go up again. Furthermore, bitcoin could lose its value when there is another cryptocurrency that could take over it since there are a lot of cryptocurrencies now come up and offer a good future.

Polipog

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It defend's on how the bitcoinee manage on this certain currency on how to convince bitcoiner trust bitcoin currency. Bitcoinee or the author of bitcoin is only the can make decision to lose it's value but as far as many people access and used bitcoin the value of bitcoin goes higher and higher.

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Of course possible, currency will be up and down, then if more countries will be banned bitcoin, it will make bitcoin price down and if there is better coin than bitcoin, of course bitcoin price will drop

4U

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Quote from: truecrusader666 on December 14, 2017, 11:16:10 PM

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.

Is it, bitcoin is like buying and selling stakes from companys, if everyone holds em while company is good is it valuable, if people dump all their coins and sold them price will fall.

Well it’s a currency and up and down is a part of it but as far as relation of its price is concern so I don’t think so that bitcoin will lose its value because bitcoin don’t compromise on its price and for that bitcoin is struggling very hard there is only one condition that bitcoin can lose its value if bitcoin price stay remain on one place and it stop growth and I’m sure it will never happen because bitcoin is fast growing currency in world.

Boov

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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.

Ofcourses, It is possible. Bitcoin is a currency, Like dollars or any fiats, It can increase its rate and price. But in fiats, It is controlled and centralized into government. Bitcoin is volatile unlike other currencies. No one can predict when Bitcoin increase and decrease. It is decentralized so that There's no any government and people who's controlling in it. Always remember that in all crytos, The price have the power to increase and decrease its price time to time.

Vaskiy

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Bitcoin as an innovation keeps growing. In the recent days more and more altcoins were gaining importance in different platforms. As the price has peaked high, governments has started to focus on bitcoin. Some has made teams to analyze with deadlines for making regulations in the usage. So, the growth won't get disturbed as well it gains good value.

genology

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According to experrs, BTC is like a bubble waiting to burst. It has a huge demand but doesn't have enough supply to support its growth.

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