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Topic: Is it possible for the bitcoin to lose it's value ? - page 33. (Read 35129 times)

full member
Activity: 378
Merit: 100
Well i think it is very impossible to happen that the value of bitcoin right now is we will lose,we all know that  bitcoin is the best cryptocurrency since it was running in this world, and in many years that bitcoin is running there is no news that the bitcoin have lose it because this very impossible, the possible is the value or the price of will totally increase and increase.
full member
Activity: 232
Merit: 113
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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 there are still chances that bitcoin will loose its value but I don't think it will fully loose it rather it might fall down a bit under an occuring dilemma since those are the only thing that affects bitcoin's value. Just like other currency, bitcoin can still loose its value as time passes by but the probability will grow low as the value of bitcoin rises over time.
newbie
Activity: 26
Merit: 0
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.
The price of bitcoin is always and only depending on the demand so if the demand for bitcoin declines a lot then the price of bitcoin will be drag down so hard and it will lead for a huge loss for the price of bitcoin and make it as a worthless cryptocurrency. As of now, bitcoin has a lot of demand so i think, right now, it is not possible for bitcoin to lose it's value.
Yes i agree with you the price also depends on other things not only the demand but the demand is one of the biggest things everyone wants to have a lot of bitcoin that is why the price is going up and up a lot that is why it is going high now.
That is true the price does depend on the demands but there are other things like bitcoin is the first of it kind and it is highly wanted people want it and also it is used by a lot of big companies and i think it will be used by a lot more.
member
Activity: 175
Merit: 30
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.
Maybe fall down but not fully lose its value because right now the value is very high that it would take more than a problem to shut it down. This may only occur if ever all the people all over the world stops investing and mining bitcoin and I don't think that can still happen now that bitcoin is very popular. The only thing we are waiting on right now is the legalization of bitcoin worldwide.
member
Activity: 175
Merit: 23
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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.
No, it's not possible anymore. There are a lot of innovations that was already made with bitcoin and all of it are for the sake of emergencies or troubles that may occur. This has made bitcoin more durable to any obstacles that may get in the way. Even the issue in China wasn't able to stop bitcoin and now it has recovered and improved.
newbie
Activity: 34
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This is possible. Bitcoin is not a stable coin and it is not controlled so the users will decide how much it will be worth. If everyone stops using Bitcoins the coin would die.

In short Bitcoin will someday lose his value because nothing lasts forever and without support it will surely go down.
sr. member
Activity: 364
Merit: 256
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's possible to happen because because bitcoin is volatile. But I think it is far to happen now because of its popularity and because of this it attracts more investors to invest in bitcoin. But we should remember also that bitcoin is volatile so expect the unexpected that it might happen in the future.
member
Activity: 224
Merit: 29
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.
newbie
Activity: 30
Merit: 0
Bitcoin, like any currency, can lose its value. This can happen unexpectedly. But experts say that while Bitcoin will grow even more.
sr. member
Activity: 1638
Merit: 300
No it won't bitcoin has a value and it's much more value than Gold than anything else. Bitcoin is a digital asset and it terms of security bitcoin is safe so i don't think bitcoin will lose its value

It is not 100 percent that it won't lose it's value, there are a small possibility that bitcoin can lose it's value. I am not saying it will lose it's value but there are always negative possibility into something. We all know that bitcoin is volatile, it will dump and it will pump depends on the it's demand, but we all know the demand of bitcoin is high so the thing that will make the value of bitcoin go down is through it's technical issues.

hero member
Activity: 661
Merit: 500
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.
Like any other asset bitcoin also has the tendency to lose it's valued this can be influenced by change in tasted and preferences and market demand for it. Bitcoin also loses it's value due to volatility which is caused by it's small market cap. Bitcoin will keep increasing in value but has equal chances in losing value too.
newbie
Activity: 33
Merit: 0
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.
The price of bitcoin is always and only depending on the demand so if the demand for bitcoin declines a lot then the price of bitcoin will be drag down so hard and it will lead for a huge loss for the price of bitcoin and make it as a worthless cryptocurrency. As of now, bitcoin has a lot of demand so i think, right now, it is not possible for bitcoin to lose it's value.
Yes i agree with you the price also depends on other things not only the demand but the demand is one of the biggest things everyone wants to have a lot of bitcoin that is why the price is going up and up a lot that is why it is going high now.
newbie
Activity: 33
Merit: 0
It is possible because Bitcoin is unstable. If the people would stop investing in Bitcoin the coin would go down in a week. We can see after the ban of ICO'S in China Bitcoin suffered a lot.
 
Bitcoin lost $3000 of his price just after this ban in a week.
full member
Activity: 294
Merit: 114
BTC is a digital currency where we can send amount of coins to any other person in the world, in just a matter of minutes and doesn't matter where he/she located as long that person has an internet access. Since its popularity, there are scenarios which transactions took longer than expected, fees are much higher compared before and worst is that there are transactions which can't be completed = coins gone. Even before its rise, there are storage sites (wallets or exchanges) that has been hacked (Mt. Gox). BTC developed to cope up with the current technology and not with what I have mentioned, if this keeps further then people may lose trust to BTC and I do think that is the time Bitcoins may start to lose its market value.
hero member
Activity: 648
Merit: 502
it is impossible now that bitcoin reduce the value,core reason is that bitcoin demand going increase individuals and financial organisations going to invest in it because it is safe and secure way.Bitcoin have stable bright future will secure you financially,as per law of demand more demand prices will high and one who invested in early days and still they hold will get handsome profit.

The price discovery of BTC is being created by the people and individual who are holding and owning it, and it's true that without these, the price will lose it's value but that is unlikely to happen now. We all know that we have ETH and BCC, but BTC is not even on the ropes, I think because it has some unwavering security and it is the original crypto. The price of BTC is surging because of the demand for it's service.
In my opinion the only reason why BTC is going wayward on prices is because they are playing the market and doing hypes to earn and in order to do that one must go with the flow, sell high buy low. The very foundamental of trading yet one of the best strategies alive.

no, because bitcoin is legally used in many countries, and its demand is increasing more and more each day, if it lost its value it means that there is no active investor or holder of it, but its impossible right?

It is impossible now, unless they cracked it's system, BTC will be forever in the crypto world. Best investment as of now. Hands down.

Not because folks who want Bitcoin are growing day by working day. If the value is slightly down may possibly come about sometime
Why no ? The question here is it possible ? So basically there's a possibilities to lose its value but not to loose into probably zero price. It will just recover up in time but will took it long for it to recover and overtake the price from the time its down.

Hmm I'm wondering what will be the reason in order for BTC to lose it's price let's say up to 4000$. Because I think that is unlikely to happen now unless something bad really happens in the system or the government want it to be prohibited.
member
Activity: 210
Merit: 11
Indeed it is conceivable not just for bitcoin the entire crypto advertise has an opportunity to lose it's an incentive aside from few price's identity's constantly steady. The purpose behind this how much intrigue individuals have in a specific coin and how are the designers of the coin working and giving updates. If there should arise an occurrence of bitcoin it just relies upon request
full member
Activity: 420
Merit: 134
So basically yes once there's a new version or upgraded bitcoin that people and traders will adapt . But bitcoin will be always there to be second or first on the market because it is a legacy crypto the mother of all cryptocurrency.
member
Activity: 263
Merit: 10
It is said that bitcoin is exceptionally unstable, so incase of a situation that bitcoin would lose its esteem is a long way from reality or atleast 30% in time that it would happen beacause there are parcel of individuals that are contributing on this money and this individuals assume a major part in keeping bitcoin to develop.
full member
Activity: 237
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.

Bitcoin will continue to rise up in value. Yes, the pricing is also not exempted from drops. I see Bitcoin widely used in countries which help the nations to prosper.
member
Activity: 350
Merit: 15
No it won't bitcoin has a value and it's much more value than Gold than anything else. Bitcoin is a digital asset and it terms of security bitcoin is safe so i don't think bitcoin will lose its value
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