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Topic: Is it possible for the bitcoin to lose it's value ? - page 32. (Read 35101 times)

full member
Activity: 156
Merit: 100
Everthing possible on internet. In bitcoin, nothing is impossible.It is 100% possible. And actually Its possible to happen if people stop investing and using bitcoin or no one can use internet that is i know the main reason to lose the value of bitcoin. But i think it will not happen that for now and coming years.
full member
Activity: 392
Merit: 100
I think it is very impossible that the value of bitcoin will loose it because we all know that the popularity of bitcoin is totally increasing there are many people who are now discovering  bitcoin and in that wag bitcoin is getting more stronger so that is very impossible that the value of bitcoin will lose.
full member
Activity: 396
Merit: 104
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 the bitcoin drop its rate like in the past or when the bitcoin is starting to grow. The reason why the bitcoin is dropping the value is when the miners didn't mine for solving a computational problems to make a bitcoin to a block chain from the transaction from itself. And the other possible thinks is when there are many investors in bitcoin so that the value is just being drop by the normal rate.
full member
Activity: 194
Merit: 100
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 you are right,I'm agreed with you .. There's small chance that bitcoin will lose its value as the founder ever stated it, such as ; bitcoin will rise or lose its value in 20 years. But, I can't find any scenario why bitcoin could crash and lose all of its value, I mean bitcoin price already reach over $3000 and many people keep buying and more adopters join the community. Look at Japan which has legalized bitcoin as legal payment, many companies in there accepted bitcoin transaction, even an airline. That what makes it could survive another 5-6 years later. And We all know that the law of supply and demand is applicable here in bitcoin so the only time bitcoin may loose its value is when most of the people in the community stop on demanding bitcoin...
newbie
Activity: 11
Merit: 0
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 is possible for the bitcoin to lose its value in the future. There are many cryptocurrencies out there that have the potential to grow and develop more. I think in the future, there will be new cryptocurrencies that will rise that have better features that bitcoin. As a result, people will use that instead of bitcoin and may cause bitcoin to become worthless.
full member
Activity: 742
Merit: 101
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.

Perhaps when all the bicoin users around the world decide to not value bitcoin anymore, then that's the time that it will lose it's value. Also, when people stop buying it then it will increase the chance of it to be not valued by everyone by then. When the internet all over the world will be gone, it will also lose it's value.
legendary
Activity: 2002
Merit: 1016
In my opinion not, cause people make this coin everyday more profitable and its price is still growing cause of bigger amount of users which wants to invest in it.
member
Activity: 154
Merit: 10
For me i dont have any idea for now because i am a newbie here...😊 But it seems Bitcoins has a good value..so no need to worry about it for now.
full member
Activity: 185
Merit: 100
Bitcoin will not lose it's value but it will go down, just like the past few months where it go down like $2000. But it will recover after sometime just like today it reaches $9000 after it downfall. Bitcoin will still goes up no matter what will happen since it's getting attention to people. Bitcoin will not fail us.
full member
Activity: 490
Merit: 100
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 absolutely because we all know that the bitcoins value are mot stable and they also fall but they always come back. But despite of that they can just recover on that fall because of the hype that people do, bitcoins are on the top of their career this year because a lot of people all over the world wants to invest in it. With that the value rises too much. But when the time has pass and they forget about bitcoins and bitcoins will not be used anymore because there are new innovation in the future the bitcoins value can be worthless because no one are buying it anymore.
No at all because bitcoin can lose its value when bitcoin price stay stable on one place and I think in that kind of situation bitcoin can lose its value and I think it’s not possible for bitcoin to lose its value because bitcoin is very strong now and still bitcoin is struggling to be on the top of all currencies because bitcoin know how to keep its value in market with high price and for that bitcoin is really trying hard work and I’m sure that bitcoin will survive for ever.
hero member
Activity: 980
Merit: 506
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 absolutely because we all know that the bitcoins value are mot stable and they also fall but they always come back. But despite of that they can just recover on that fall because of the hype that people do, bitcoins are on the top of their career this year because a lot of people all over the world wants to invest in it. With that the value rises too much. But when the time has pass and they forget about bitcoins and bitcoins will not be used anymore because there are new innovation in the future the bitcoins value can be worthless because no one are buying it anymore.
Everyone has his own point of view but in opinion, it is not at all possible for bitcoin to lose its value and that too up to zero. The way bitcoin is making its name and is earning this much of good reputation is an indication of this thing that bitcoin will be having more value in the near future. I am very much positive that bitcoin will largely help its investors in making as much amount of money as they want to have.
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
Just happen recently that bitcoin lose its value from more than 7k usd drops to down 6k .but now bitcoin recovers and continues to grow the value to 8k usd.and I know it will continue growing upto 10k usd this year end.but never imagine that bitcoin will totally lose its price permanently because its impossible to happen for sure
Bitcoin can lose its value even down to zero, but all that depends on we the community. I remember when Bitcoin first came out, it started very low and was even sold for $0.6 and 0.7, that was probably when we had no large number of people into bitcoin. But when the number of users started increasing the price went from that rate to $1 going up above that rate and now look at the rate we have now, and it’s not stopping there, it might reach 100k soon.
10,000 Bitcoin for 1 pizza! What is the price for one pizza? I remember it is ~ 5-10 dollars. That is the first transactions of Bitcoin as a payment method to buy a pizza by one of the first Bitcoin user.  Of course, it is also the begin value of Bitcoin.
full member
Activity: 630
Merit: 103
I think, the bitcoin can lose the cost in several cases: big problems with code of blockchain (vulnerability), prohibition on legalization of cryptocurrencies in the majority of developed countries (collusion of the governments), the new technology advancing blockchain by the opportunities.
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
Cryptocurrencies are volatile in nature. Their price mostly depends on the flow of demand and supply. Sometimes prices fall or rise on the sentiments of its investors. Bitcoin have many competitors currently operating in crypto market. Sudden change in the mood of bitcoin investors towards its competitors may affect bitcoin badly. If by some reason bitcoins buyers stoped buying bitcoin currency bitcoin prices may become zero. Many countries are banning bitcoins due to security reasons, if other countries follow these countries then bitcoin price may diminish.
member
Activity: 264
Merit: 11
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 believe that bitcoin will not lose its value. The people is continuing to adapt bitcoin, so why bitcoin will lose its value? The bitcoin is becoming more stronger and it wilk continue to become more popular in this following years.
full member
Activity: 1190
Merit: 111
always! everyday, thertes a chance of loosing the value in bitcoin it can go down half of its present value too, but what will happen then when that comes ? bitcoin can easily gain its value and even surpass it.. why ? once bitcoin fall even just 10% people over tthe net are buying more bitcoin and exppecting a pumpp therefore the demand will boost and the supply will be short..  thats how bitcoin really is now !
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
For me it is impossible because as of now bitcoin is the best cryptocurrency and bitcoin is getting known my many people in this world and bitcoin is getting better and better everyday, and i think it was very impossible  to lose it value because the price or the value of bitcoin is not giving sign to loose and right now bitcoin is giving a sign of getting stronger and stronger by increasing its value.
The value of bitcoin is not having any signs that it will go away and lose its value because the market of bitcoin or the overall bitcoin is having a good progress and i believe that in the future, the bitcoin will just be opposite thing because its value will continue to increase soon in the future. Bitcoin maybe volatile but its future is already bright and it is starting to happen everyday.
full member
Activity: 378
Merit: 100
For me it is impossible because as of now bitcoin is the best cryptocurrency and bitcoin is getting known my many people in this world and bitcoin is getting better and better everyday, and i think it was very impossible  to lose it value because the price or the value of bitcoin is not giving sign to loose and right now bitcoin is giving a sign of getting stronger and stronger by increasing its value.
full member
Activity: 420
Merit: 102
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.
We all know that the law of supply and demand is applicable here in bitcoin so the only time bitcoin may loose its value is when most of the people in the community stop on demanding bitcoin. But I don't think that can still happen right now because the influence and popularity of bitcoin nowadays is improving a lot and it will surely help bitcoin maintain its good position in the market.
full member
Activity: 462
Merit: 100
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'm afraid it is possible for bitcoin to lose it's value. In a scenario where another currency has surpassed bitcoin and then the fact that all people would prefer using this new currency rather than bitcoin would make bitcoin lose it's value. The value relies on the demand of the people that needs and wants it.
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