I think it could but maybe it depends on the situation.
But I think it is very impossible at the moment but maybe in the future .
Topic: Is it possible for the bitcoin to lose it's value ? - page 50. (Read 35129 times)
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.
Maybe also depend on a situation, like when internet is gone at all, bitcoin cannot use anymore, so it will going to be useless and it will also have no value at all because for sure if there are no people using it, bitcoin price will decrease and decrease until automatically it will have no value like other altcoins also because altcoins also needs to be online transaction.
Is you see the price of bitcoin it tottally 5800 dollars and it will continue to increase. But even the price continue to increase they have chances the price of bitcoin lose its value or become 0 . But I hope the pri e of bitcoin will become higher so we can make a lot of profit. But everything is possible to happen it depends of how many supporter of bitcoin have we need more investor so bitcoin become stronger.
The beauty of bitcoin is that no one can play here like monopoly everyone can earn on merit base and also it have many positive impacts on economy of the state,so its expected due to course of time bitcoin value will be increase and at last every entrepreneur and financial institutions will accept it and it will be need of all due to easily access to accomplish the basic needs.
Big code changes always bring some worries and/or fear that can make the price fall.
When bitcoin wallets can be cracked BTC will have no value.
I think there is a possibility for the bitcoin to lose it's value but not completely.
When bitcoin wallets can be cracked BTC will have no value.
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.
I might say that it really is impossible for bitcoin to lose its value. Many countries and banks embracing bitcoin. Currently, bitcoin is on the hot seat for investors and a short cut to lose or grow your money in an instant depending on how knowledgable you are in crypto world.
Why not? there are still many possibilities for bitcoin to lose its price. I can give you some examples about this. Look at the next hard fork. If bitcoin fail to supply the customer what they want, bitcoin will lose its value and people will not want to use it anymore. Moveover, there are many coins in the crypto world and some of them are extremely strong, extremely secure and they can change the world with their advanced technology
Anything that has value has the opportunity to lose value. So definitely, just depends on how much of a drop you're looking for and how long you're willing to wait.
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.
Anything is possible but the chances of that happening is very less. I don't think Bitcoin will ever loose all its value. Bitcoin is gaining popularity everyday and many people have started to look at it as one of the world's fastest growing investments. It exhibits tremendous growth rates and alot of people have already invested in it. I think that its value will only grow in future. Sorry if my post is in the wrong place or it's not relevant.
I do not think so because bitcoin value has stronger value and it will continuous giving more profit to all of us, lots of adoption coming in bitcoin and in crypto currency it will helps to make bitcoin much worth it in the future. I am hoping that bitcoin will not disappear because this is a big help for all people specially for those people who really need additional income like me.
Big code changes always bring some worries and/or fear that can make the price fall.
When bitcoin wallets can be cracked BTC will have no value.
I think there is a possibility for the bitcoin to lose it's value but not completely.
When bitcoin wallets can be cracked BTC will have no value.
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 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.
Maybe also depend on a situation, like when internet is gone at all, bitcoin cannot use anymore, so it will going to be useless and it will also have no value at all because for sure if there are no people using it, bitcoin price will decrease and decrease until automatically it will have no value like other altcoins also because altcoins also needs to be online transaction.
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.
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
This is certainly possible
And the way I see it happen is via governments screwing Bitcoin up massively. Many known people (e.g. Ben Bernanke, the former chairman of the Federal Reserve) are telling that governments will eventually have to fight Bitcoin in earnest. Whether they succeed or not is another question, though, but personally, I think this is a real threat. China seems to have tried something like that recently (though we don't know for certain what their ends are or were) but it is not a big player in the Bitcoin world today anyway (apart from mining, of course), so Bitcoin escaped almost unscathed from this attack by the Chinese authorities
I'd rather say it all depends
Don't forget there is a tough competition in the cryptocurrency world. As I have already pointed out on numerous occasions, Bitcoin has a first-mover advantage, but it is certainly not enough to give it an everlasting edge before its competitors. Regarding your point specifically, that people will move towards cryptocurrencies, I basically agree with your stance, though possibly for a different reason. People may start using crypto since they may have no other choice when their local currencies start to crash. It happened in the past (the most glaring example of that is what happened in Zimbabwe to their local currency, the Zimbabwean dollar), this is what happens right now (see Venezuela), and we will definitely see more of that in the 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.
If it is on the new establishing of bitcoin, it is really possible for it to lose its value. But standing now on the wide improvement of its price which has already rise up to $6,000 just days ago, I bet it is really hard or quite impossible for bitcoin to lose its value since there are lots of large investors that are starting to get involve with it and at the current situation, it really do make sense of investing money on bitcoin because there is an assurance for the money to rise up so I think it is now impossible for bitcoin to lose its value Sorry if my post is in the wrong place or it's not relevant.
Yes it is possible. Bitcoin's value is determined the same as any other commodity, rule of supply and demand. So in essence, it's possible to go down. Now the question is, is it probable to happen? With the current trend most probably not. Bitcoin has just started it's climb to its potential and I wouldn't be surprised if it passes $6000. But I do believe it will settle at some point.
Correct, but the truth is that satoshi design is very ingenious, even if the supply is going up it gets slower this means that most of the time demand is going to outstrip supply and that is a recipe for the price to go up, so there is almost no way for the price to go down.
The way btc is now, I really doubt it to happen. Lots of people investors or not are taking care of it and for sure they won't let this kind of thing to happen, it may dump to it's lowest point but losing it's value? I don't think so.
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.
. Yes the price of the bitcoin is not yet fixed but it is not the bad thing, the value of the bitcoin. It is being said that the bitcoin will get the huge income from it. I hold the bitcoin and I am happy to see the price of the bitcoin changing day by day because it is getting expensive and the income of the bitcoin will be more than this. I hope this will be the plus point of the bitcoin in the future. Maybe. However, it takes very longtime even more than 20years just to make it destroyed under $300 as it once was. But are we all struggling on bitcoin willing if bitcoin becomes low until unvalued?
It is really impossible to predict when there will be a crash in the price of bitcoin,we have seen a big crash in the past when the price raised too soon and if there will be a crash at all ,this will be the correct time for a big crash,may be we could see after the fork,who knows,anything could happen as we now have a real power struggle with this fork. 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.
It is possible but I think only when bitcoin reach its cap by then maybe all coins would be hold by most investors and then gradually sells it to buyers continuously circulating until it reach its market value to equilibrium then by that time would most likely for it to fall down.
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