Is it possible for the bitcoin to lose it's value ? - page 22.

truecrusader666

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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.

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.

Fitrilalala

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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 think for now bitcoin will not fall down for the price. Maybe will down a little bit but will rise a lot like we know. Cryptocurrency now split to many coin sometimes when see bounty alot of the companies offer their own coin. Im still learn too, sometimes i dont understand what is altcoin or satoshi how could it be a bitcoin. But i thought if there so many diffrent coin in this time maybe bitcoin will lose their value but dunno when. As long people still trying to seek it bitcoin will never lose their value.

nerverd99

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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. Only for a time.The price is fluctuating all the time.But,there will be a recovery as always.
I believe that bitcoin will reached the never expected value someday

igybadger

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If demand will fall and supply is more. It is the only case I can think of.

indiangrad

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Quote from: mindrust on June 14, 2017, 04:48:01 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.

Bitcoin lost %80 of its value after the GoX crash in late 2013. People panic sold their coins in despair. The price fell from over 1k$ to as low as 200$ in time. The recovery took very long time but those who hold their coins won the jackpot. Even the top buyers made at east %100 profits since then.

Can bitcoin lose its value? Yes. Only for a time.

In the long run, there will be a recovery as always.

The Solution: If you won't be able to deal with the pain of holding bitcoins for long years, only hold the amount you can afford to lose.

During 2013, GOX had significant proportion of txns globally. Risk is more diversified now.

Alfred V

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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.

For me, I don't think that it will face a downfall because looking back from the start up to now, you would not expect that cryptocurrency would become this huge. It will keep on rising and i believe that it will be the main currency in the future.

Noesly

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I think there's no possible for the bitcoin lost value because so far and so far bitcoin become so high value and I think in the future is most possible to get high value because I believe that bitcoin is the strongest online business.

balakang00

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I think bitcoin will not lose it’s value. As time goes by, the value of bitcoin will increase. There is also a posibility that the value of bitcoin will crash or its value will reach its lowest value, but it does not mean that it will lose its value thus it will serves as opportunity to buy more bitcoins and hold till its price is high again.

mobilestrike

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Quote from: syamster on December 12, 2017, 12:29:58 PM

Quote from: Paycoinzzz on December 09, 2017, 10:48:10 AM

Quote from: sampalokmix on December 08, 2017, 10:27:46 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.

As for now that bitcoin was already approaching into its highest price peak before the year ends, it is now far to possible that bitcoin will lose its value. I can say that bitcoin can no longer lose its value now that many people has already recognize bitcoin's existence because of what bitcoin has already got right now. With this continuous popularity, bitcoin for me can no longer lose its value compared to the previous scenarios.

The value of Bitcoin can not become worthless in next few years, I can be sure that.
But, if you want to say the value of Bitcoin can not become worthless after 1 century or less than is just 10 years, I can not be sure this future will not become true. Cheesy

There is only one possibility that bitcoin can lose its value and that is if bitcoin price stay remain on one place because price is very important for bitcoin that’s why people are joining it and some countries make bitcoin legal just because of its price and stability and I think it will never happen because bitcoin don’t compromise for its price because bitcoin want to be on the top of all currencies and I’m sure that bitcoin will go more high in coming time.

Bitcoin is eally the top most popular crypto currency of the world. And in most countries they think about to legalize it. And it is because of its stability in market. And all the investors invest in it without any hesitation because they all know that if anytime it loses its value for a very short time they don’t get panic they just wait with patience and soon Bitcoin achieve its target. And investors enjoy heavy profit with it.

huige007

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Quote from: rog1121 on December 14, 2017, 02:41:59 AM

Quote from: winterland on November 21, 2017, 05:16:42 PM

Quote from: Arthoerra on November 09, 2017, 07:31:29 AM

The upbeat attitude of bitcoin holders now is better and more mature than was few years ago. So, bitcoin becomes hard to lose value or atleast crashes as once did (hopefully).

I do not know I was not around in those years but there seems to be a lot more speculators and people that want to obtain fast profits and those people are always the first to let go of their bitcoin when it seems the price is going to go down, so I do not know if your statement is true.

It is possible that Bitcoin may lose its value to some extant but it cannot happen that bitcoin remain valueless. The rising and down is part of business and currencies But here Bitcoin get a high position in world trade and fund transfer so this is not easy that bitcoin lose its value.

I am not agree with you because you are saying bitcoin will lose the value and it is not possible mate, if we look at the old and present price of bitcoin we will observe a high huge difference then how can we say it will lose the value. For some people who are not having much information related to bitcoin are saying bitcoin has given me lose and I will not use it but I think this is not a new thing that people claimed like this so just don’t trust them.

websoftwareengineer

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The only reason for bitcoins to lose its value is that, When most of the old investors is not interested anymore in holding the coin or if there is a new coin that existed and surpass bitcoin. For today we do not need to be worried because the value is keep on increasing.

sheamus10

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I don't think if the next 5-6 years, the bitcoin digital money will decrease let alone to downfall. This scenario will manifest if peoples have not believe with the presence of bitcoin and demand for bitcoin dropped drastic.

CoolSkeleton

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Yes it is possible. When lot of ppl loosing trust in BTC and get their money back. Remember China? Or it may be some trubbles whith services so ppl will lose their money, so it will make ppl angry

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 bad part of bitcoin is that it's value is volatile so yes, it's value may discreese from 15000$ to 1$ that is true but as long as there will be a real need for blockchain and there is electricity resources i don't think that the volatility of Bitcoin can be that spectacular.

fayrouz

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As far as I know, Bitcoin will not lose it's value especially nowadays that more people who got their profit already in investing small money and then their money grow and invest again. We don't know maybe in the future we are one of the rich people in this world because of Bitcoin.

Sweeet123

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Yes there are chances of bitcoins losing its value, because even bitcoin follows the demand and supply rule, so if in the near future by any chance due to any adverse external condition the demand for bitcoins drastically reduces, it will automatically reduce the value

acener

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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 think it all depends to the people, I mean if people will decide to no longer give value to bitcoin, then I guess it will become worthless. Although, this is highly impossible because for as long as people see it as something valuable then it would not work. This is the only way I can think for bitcoin to totally lose it's value.

MMA

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Quote from: rog1121 on December 14, 2017, 02:41:59 AM

Quote from: winterland on November 21, 2017, 05:16:42 PM

Quote from: Arthoerra on November 09, 2017, 07:31:29 AM

The upbeat attitude of bitcoin holders now is better and more mature than was few years ago. So, bitcoin becomes hard to lose value or atleast crashes as once did (hopefully).

I do not know I was not around in those years but there seems to be a lot more speculators and people that want to obtain fast profits and those people are always the first to let go of their bitcoin when it seems the price is going to go down, so I do not know if your statement is true.

It is possible that Bitcoin may lose its value to some extant but it cannot happen that bitcoin remain valueless. The rising and down is part of business and currencies But here Bitcoin get a high position in world trade and fund transfer so this is not easy that bitcoin lose its value.

Although it is possible but still in present time we are not expecting that bitcoin will lose its value. i am sure that bitcoin value will continue increasing for a long long time, because of the increasing interest of the people. As people have already got good profit from bitcoin therefore they are now convincing their friends and family member to invest money in bitcoin. The increasing number of bitcoin users are now really increasing the value of bitcoin. Therefore we do not expect any decrease in the price fo bitcoin in near future.

jpoker272727

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Quote from: longyenthanh on December 12, 2017, 01:00:36 PM

Of course, the price of bitcoin can fall down. For now, there's nothing indicates. It would be hard for all if the value of a bitcoin lost.

Bitcoin is just like other crypto currencies where the prices keep fluctuating. The prices increase and decrease but the thing is that the decrease in the value of bitcoin is not much. It decrease in value but not much and the dumps of bitcoin are also treated as golden periods where people can buy this mighty coin at cheap rates and sell it off at high prices when there is great increase in values. The decreases are not of high value.

ezekhiele

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" As long as you love me"

NO! as long as people patrionizing Bitcoin most especially traders, investors and miner using it, it will not lose it's value. Bitcoin nowadays are became popular because of its demand. Lots of people trust their money in bitcoin because Bitcoin reveals its own success.

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