Topic: Is it possible for the bitcoin to lose it's value ? - page 44. (Read 35129 times)
Since bitcoins is a worldwide crypto currency, it's is been used since its origin but it's price are very fluctuactive. You may not predict what will be next. Daily new crypto currency are coming with new names and benefits and covering all disadvantages of bitcoins. Bitcoins is already in tough competition with altcoins. Bitcoin is continously growing but we never say about future. May be bitcoin false down in future as fast ot grows same like this it goes down. As bitcoins is older crypto currency, there may be new alternatives come that will force us to use bitcoin less and may be one day the market clash. And these precious bitcoin will cost nothing, so there is nothing predictable.
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.
Sorry if my post is in the wrong place or it's not relevant.
I think this is kinda possible, but in one condition, if there's no one who are willing to work here, cause probably there is no one whos gonna work hard, invest and use the tokens made by the bounties ait will be all a waste , if there is no one who is willing to work here bitcoin might lose its value
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?
Just because bitcoin is legal in many countries does not guarantees about its price will not crash. Look at the oil prices few years ago, they were rising and despite being used by all countries today the price of oil price is dropping. If some countries powerful one decides to ban the cryptocurrencies then it will dent the prices of cryptocurrencies seriously. However there is very low chance of this happening. There are many big financial houses backing and entering the bitcoin business. Countries like Japan have accepted bitcoin and people from the japan are heavily investing in bitcoin. Thus prices are soaring and will remain so in new future. What may happen after that is unknown. Yes, that is always a possibility. Cryptocurrencies are still considered a very risky venture, so be careful about the amount you put in as your initial investment. With that being said, i don't see it losing value in the medium to long term - it might drop off a bit after the 2x fork when people flock back to alts but it'll eventually reach newer and higher ATHs afterwards.
Even though if comes a case that Bitcoin prices suddenly crash down but it doesn't matter, it will not last long and we will see the graph going up and up. We cant compare bitcoin now with before, community has raised a lot on the last years, big investors around, soo im pretty sure we wont have anything similiar as those cenario that happened with low community and few people with several coins.Yes its possible because bitcoin really to think has no value at all in real world.Its value is only based on people speculation.So its possible to lose its value and thats the risky part of it.I do agree with julzcoinbit that its sudden crash is lower compared to its potential growth.This is why bitcoin became popular because it started with no value at all and its making an history in terms of crypto world.
That is not true and if you really know what value means, you would not even say that. Value is the importance, worth, or usefulness of something according to the dictionary and asides speculation and the demand which skyrockets the price based on the fact that it can serve as an asset, then from that definition, bitcoin has so much value than you can ever imagine unless you want to tell me now that bitcoin does not have any importance or usefulness, and I might tell you to probably go take the satoshi whitepaper and read incase you missed reading it.
Not due to the fact individuals who want Bitcoin are growing working day by day. If the cost is somewhat down may come about someday
For now bitcoin is hard to lose its value, even bitcoin is getting more popular and its value is increasing compared to last year. But if someday people have left or no longer use bitcoin, it will automatically bitcoin will fall, but whether that's when will occur,we do not know.
Basically No, even the fact that in every currency there is an always value fluctuation. But due to the popularity of bitcoin and its ability to make more money there are many people around the world who has engaging on it and the more people working on, the more it becomes stronger, it is only like a passenger bus that as long as there are passenger then it will continue to operate and then comparing on that situation Bitcoin will continue to work until there are no more people working for it.
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?
Soon majority of the countries will adopt with bitcoin, big countries are already considering or regulating bitcoin and that is good for us since we can be assured that our investment will not be gone in the air. The increase demand which resulted to increase of value are the reason why investors keeps coming to buy and hold, and since many people started to recognize bitcoin as a payment as well, the supply would be low and the demand will rise which is impossible to loss its value at this trend. 
I think there is a possibility for the bitcoin to lose it's value but not completely, not right now.Considering the rise and fall or bitcoin price in the market, we will never what and when it will happen.
Bitcoin may lose its value comparing to fiat money, may not, who knows....
But I'm 99% sure that it will lose its value to altcoins in general
First of all, bitcoin is a technology, only after that it is money equivalent. Altcoins are technology as well, and altcoins technology will develop at a faster pase that bitcoin's one
I do believed that bitcoin will only be gone if technology will no longer be useful, and bitcoin users will also be disappear I think that's a sign were bitcoin is going to crash the value down to zero. But as long as the bitcoin users continue using it and investors also investing unto it, the value will continuously rises up in the near future.
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.
Sorry if my post is in the wrong place or it's not relevant.
Yes it is possible for the bitcoins to lose its value, like any other things that have an expensive value before because it has a higher demand than today when no one wants to buy it anymore. Because anything that everybody wants have an expensive value because the demands are high we all know the supply and demand theory. Bitcoins are just high and too expensive today because it has the hype, everybody wants it and they are the most reliable because of the fact that they are the pioneer.
When there's no one who will keep on investing in bitcoin, I think that's the time that it will lose its value. But if there are still many people want to invest, then it will not lose its value.
May it come that far there is more to lose than to gain for investors. It will be dead.
In life, anything can happen. Likewise with bitcoin, may will lose its value. However, everything must be have process and necessarily be 0. So, with analysis and information summarized, we can have an idea value of bitcoin for next time.
There is a difference between bitcoin losing it s value and bitcoin losing its value totally. Losing its value is totally expected in anything that is volatile and that is one feature we just have to deal with and no one and no one can have an idea what tomorrow will hold for it or even the next minute.The little sharp drops to me seems more like loosing of value as well, not until it crashed. However, losing its value totally is something that is not possible unless we all dump and say we do not want to use again.
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?
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.
Sorry if my post is in the wrong place or it's not relevant.
Yes of course because we all know that the value of bitcoin isn't that stable and as long as it didn't somehow announce that they will have the permanently value. And also bitcoin isn't that a coin that somehow have its permanent value because the demand of the person of using it continually increasing.
I don't think the bitcoin will lose its value because the demand for the bitcoin is highly increased so the price will increase always.The price swing in bitcoin is high but if the price decrease it will recover soon so don't have to worry if the price decreased.Many countries are started to accept by legalizing the bitcoin in their countries so the bitcoin will be available for more people to buy it.Which increase the bitcoin price more in future.
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.
Sorry if my post is in the wrong place or it's not relevant.
Yes of course because we all know that the value of bitcoin isn't that stable and as long as it didn't somehow announce that they will have the permanently value. And also bitcoin isn't that a coin that somehow have its permanent value because the demand of the person of using it continually increasing.
For now bitcoin is hard to lose its value, even bitcoin is getting more popular and its value is increasing compared to last year. But if someday people have left or no longer use bitcoin, it will automatically bitcoin will fall, but whether that's when will occur,we do not know.
Basically No, even the fact that in every currency there is an always value fluctuation. But due to the popularity of bitcoin and its ability to make more money there are many people around the world who has engaging on it and the more people working on, the more it becomes stronger, it is only like a passenger bus that as long as there are passenger then it will continue to operate and then comparing on that situation Bitcoin will continue to work until there are no more people working for it.
No. Indeed it is possible that the value may drop but not really gone. The value of bitcoin is dependable on us. Sometimes it goes down and definitely raise again. So don't lose your hope about those possibilities.
I think so, we're not removing that possibility but the chances it might going to happen is very little like nearly impossible because we are too far and more popular to go back where it all begin. Obviously, the demand and user keeps on growing and that will prevent the possibility in going back.
Yes it's just a digital asset and like any other asset, bitcoin also can undergo huge dumps. This is possible and probable. You can't expect it to increase all the time.
I agree with you, bitcoin value might dimished or increase depending on the economic status of the world. However, if one economy fails to thrive another (such as what happened in China, etc.) bitcoin value is generally affected at certain cost. Basically the demand it brings to us is very dependable to the monetary change.
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 more that half of its value in late 2013. Can bitcoin lost its value? Yes, but it is only for short time. Bitcoin will never lost its value for permanent time.Sorry if my post is in the wrong place or it's not relevant.
So you mean if the price of the Bitcoin falls? Well we cannot be sure if that will happen or, if it does happen, when it will happen. It depends on the economical scenario at that specific point of time. But since Bitcoin is a deflationary currency, if the demand for Bitcoin stays the same, the price will continue to rise until the block reward stops. You may not know what I am talking about. Well let me, every time a miners mines a block they are being encouraged by the prospects of block reward. The block reward is the only way that Bitcoin is created. Every 4 years the block reward halves and reduced supply of Bitcoin. This means that price will always go up.
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