Losing its value is possible when there are no more people trust in bitcoin. When it is happening, all people will sell their bitcoin because maybe there is something greater than btc in the future. No one knows what will happen in the future, so everything may happen unexpectedly.
As believer of bitcoin, we also need to be ready for any unexpected thing that may occur.
Topic: Is it possible for the bitcoin to lose it's value ? - page 5. (Read 35101 times)
I think it is very possible and there is no perfect thing, now everyone is hunting for bitcoin but we never know what will happen with 5 or 10 years. as long as profitable let us continue to use bitcoin.
I think if you abused or over used bitcoin? eventually you are the people who will suffer. in everything you do? you need to know your limitations and know the true value of a thing. in bitcoin, nothing is impossible. Yes, perhaps, it depends on the user if bitcoin lost its value.
It can loose its value, it is already reduced to more than half now as it dropped from $20000 to $7000. But in the long run, you will not be in loss.
I think it is very possible and there is no perfect thing, now everyone is hunting for bitcoin but we never know what will happen with 5 or 10 years. as long as profitable let us continue to use bitcoin.
I think if you abused or over used bitcoin? eventually you are the people who will suffer. in everything you do? you need to know your limitations and know the true value of a thing. in bitcoin, nothing is impossible. Yes, perhaps, it depends on the user if bitcoin lost its value.
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'm also new but I read more about bitcoin. Base on the scenario yes it could be or possible happen to lose the price of bitcoin. When bitcoin reach the 21million bitcoin stock maybe it will be slowly to drop the bitcoin price.
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.
Everything is possible in crypto world. Once Bitcoin will really lose its value, but it will not happen in the nearest 2 years.
every currency change their value in the market alternatives, bitcoin or even FIAT we have no assurance about that. bitcoin rise above more than 1000 times and bitcoin may fall. it is the volume it has on the market, and the demand of the people with this coin ( no need to talk about supplies ). One thing is for sure as long as there's additional people in the bitcoin community everyday and they starts to buy some coin, the demand will go higher and the price of the coin will continue to rise.
Price of Bitcoin is based on supply and demand. Meaning to say, more demand with less supply tends the price to go up and vice versa. As you can see the market crash recently. Many sold their Bitcoin. In that case, if all of us sell our Bitcoin then that will definitely make to lose its value.
I think it can happen, because bitcoin has a price that can change drastically. But I never found a permanent drastic decline, there was only a drastic increase.
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 It can crash! I'm always saying there exist other perspective projects with a huge marketplace. For example, BitClave! The online ads market is worth more than $550b. Their CAT token can be even more valuable than BitCoin someday.
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 It can crash! I'm always saying there exist other perspective projects with a huge marketplace. For example, BitClave! The online ads market is worth more than $550b. Their CAT token can be even more valuable than BitCoin someday.
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.
Everything is possible in crypto world. Once Bitcoin will really lose its value, but it will not happen in the nearest 2 years.
every currency change their value in the market alternatives, bitcoin or even FIAT we have no assurance about that. bitcoin rise above more than 1000 times and bitcoin may fall. it is the volume it has on the market, and the demand of the people with this coin ( no need to talk about supplies ). One thing is for sure as long as there's additional people in the bitcoin community everyday and they starts to buy some coin, the demand will go higher and the price of the coin will continue to rise.
For a downfall it is definitely possible but not so bad as I think. But if for bitcoin lose its value or not worth anymore. Maybe it was a difficult thing. Because at this time bitcoin has gained enormous popularity. It's hard to make bitcoin worthless.
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 inevitable. Bitcoin will fall and it cannot be saved. Due to its uprising heat, and people who hates it will try to take it down. The government can ban it, hackers can attack its metwork and it can cause big damage to btc’s price. Sorry if my post is in the wrong place or it's not relevant.
Although I am pretty sure that it wont be happening in the next 10-20 years. I think btc will continue to rise for a lomg time. But its dead end is unavoidable.
It is possible but not today. Bitcoin is still mainstream and there still a lot of people hooked up to it. Maybe if the reputation of bitcoin becomes bad then there is a chance for prople to left bitcoin and bitcoin lost its value.
Of course it is possible but it won't happen, why? There is still growing amount of people whose want to invest in it and bitcoin is still getting more popular and more available in global payments.
I think this could be impossible for now because we are now in the high level of bitcoin and lots of bitcoin users around the world who is rely on bitcoin and depending on this they won't bitcoin fall apart or lose totaly of its value they will always find ways to make bitcoin into the top maybe if bitcoin will just disappered like bubble it can be but we are now in new generation.
Yes that is right, as time pass bitcoin becomes more stronger and stronger, because bitcoin users are giving good support to bitcoin, because they have invested a good amount of money in bitcoin, and they will never like to lose their money, therefore they are giving good support to bitcoin and therefore it is expected that bitcoin will very soon recover its previous position and will give a good profit to us.
Technological developments always go on and we see it. Some event exactly ok. But some developments wrong. Bitcoin is well suited to this age of technology. I think thats way BTC will sometimes fall, sometimes break but at least ten years there will be nothing comletely.
Sadly, yes it is possible. As BTC has a finite supply when the demand fluctuates to the low side it will naturally lose a lot of value. On the opposite side, when the demand increases to the highside we'll have a huge price per btc.
This is different from Fiat based currency, where a central banking authority controls the printing of the supply based on....well who the hell knows really, not sure how much oversight most of them even have.
uniquely if Bitcoin becomes legalized all over the world, then not only the banking system, But the state authorities will try to take control not only of Bitcoin, but of all the crypto currency. This is different from Fiat based currency, where a central banking authority controls the printing of the supply based on....well who the hell knows really, not sure how much oversight most of them even have.
It is. As long as there is demand then its value will continue to live but if there's none then that would be the demise.
That's the basic economic principle really.
As long as there are people who continue to invest, use it then it will continue to live.
That's the basic economic principle really.
As long as there are people who continue to invest, use it then it will continue to live.
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.
of course it can, just like anything else that has some kind of value. Tho, bitcoin is getting more and more widespread around the world with big businesses accepting it, countries accepting it, more people like you are getting into bitcoin so the demand is getting higher and with the demand going up so is the price.
And this year has been going great for the bitcoin, so far, and I believe that every passing year will be better than the last.
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