Topic: Is it possible for the bitcoin to lose it's value ? - page 53. (Read 35129 times)
Do not feel about the potential, which is important nowadays. We do not know how prolonged the bitcoin will stay. Bitcoin only grows and gets well-liked each day so we can only count on progress from it.
In my opinion yes, it is possible for bitcoin to loose all its value one day. But as we learned fron numerous other examples, an asset that it is appreciating, will not loose its value very easy, nor it will deprecate to nothing. For example gold it never deprecated in value altough now is a symbolic asset that a practical one.
Bitcoin is 6-7 years old, the next 5 years will tell if it will remain or loose all its value.
As long as bitcoin is useful for the people of the world its value is not going to be zero, old technologies like a computer from the 90 are useless in today world but even if bitcoin is surpassed by other coins, bitcoin could still be used as a currency so I do not think we are going to see bitcoin losing all its value. Bitcoin is 6-7 years old, the next 5 years will tell if it will remain or loose all its value.
Direct transactions are on-going. It might not be much but it is pretty much still going on. The good thing about it is that some people are freelancers earning a lot from doing crypto related jobs and basically more like their major income.
With this, we can keep getting more people in the system that are still spending and saving some, but this does not really mean we will never have people who would still prefer to save and hold which even makes the demand more than the supply and hence why we have increased in value so quickly.
With this, we can keep getting more people in the system that are still spending and saving some, but this does not really mean we will never have people who would still prefer to save and hold which even makes the demand more than the supply and hence why we have increased in value so quickly.
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.
This is possible in case of the collapse of the sphere of crypto currency or when many will leave the market. And at this price it is unrealistic, everyone is sitting and waiting even better price and no one is selling and therefore the price does not fall. His popularity at the first level, and therefore the price, too. Sorry if my post is in the wrong place or it's not relevant.
Yes it is possible, because value of bitcoin depending on user who use and belive bitcoin have some value. When market sentiment good and demand of bitcoin still high, than bitcoin have some value to keep and save.
If you check out the history of the coin you will see that after every peak there was o low valley in the diagram, but in the big picture BTC is going up and up despite those corrections. After the upcoming fork we will see a big loss in the price of BTC but after a while it will come back. Don't panic and think carefully before your next move in crypto currency. Search and then invest, read and listen before you make a decision. Knowledge is everything.
it is not necessary to sell the house and invest all the money in the crypt
History proving it for bitcoin but the future is unpredictable
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.
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 the possibility of bitcoin losing value can happen, but you just need to wait for the price will not be forever under and not always expensive there will be price fluctuations that can return expensive, if you sell a loss, but if you make it like your investment certainly no loss. but bitcoin is getting more and more expensive because bitcoin is a digital currency in the future.
Yes it is possible for bitcoin to lose it’s value because there is up and down in everything and it is so fast in the currency market. So its not strange for bitcoin one day its value goes down and there will be another currency to take over this. But for now it is famous in people and having a high 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.
I don't think that it is possible because here the main support for the bitcoin market is by the better economical developed countries like America and Japan , so we can understand well that it anything will happen wrong from any another country then still bitcoin will remain stable ( with small time drop in price ) .Sorry if my post is in the wrong place or it's not relevant.
Here another thing is also we should consider that is the need , Because of the powerful need in our life of the bitcoin we can use it for the every type of payment system , so we can't extract it from our daily use of life .
So here all the probability of the bitcoin to get down to very low level is impossible , so leave all negative wills and getinto it to work perfectly .
I think so. Because Bitcoin's value depends of the number of users. That's why when you remember the FUD news China announced. You saw how Bitcoin declined in its price. So if no one buy Bitcoin and many sell their Bitcoin, then Bitcoin's price will diminish.
It is indeed possible but not likely to happen. The reason why btc has its value is because people perceive it has, thus they trust in the system. If this trust were to disappear though (by hacking or deliberately making the market go down which is not realistic), bitcoin will lose value and most likely die.
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 users will stop patronizing bitcoins and investors will pull out their shares. These are just some major factors for the downfall of bitcoin. Also included is the lack of intest on the part of users and ad people. I think this will not be in the loop for the next 20 years. Bitcoin is just starting to gain popularity and tech people have just started mining for bitcoin. That is why bitcoin nowadays is swinging its prices yet the trend is still high. Sorry if my post is in the wrong place or it's not relevant.
I don't think so. It's value might decrease depending on the issues that it faces but it's very ridiculous to think that it'll lose it's value except if it is banned on your own country.
In my opinion, there is no way that we can experience this thing to happen that the value of bitcoin is decreasing. We can observe this thing so many times in the coming days that the market price of bitcoin is decreasing but this doesn’t mean actually that it will result in loss pf value of bitcoin. Bitcoin is and will remain the most valuable coin of all the times.
Anything which is influenced by demand and supply can lose it value but some regain especially when the demand rises.. so the answer is yes, it value can be lost at any time
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 bitcoin to actually go on a downfall, it is also possible for it to lose its value once people decided to not actually use it. Anything that people won't put value in is worth nothing. But I doubt that would happen to bitcoin, there is always a possibility but I think thats gonna be hard if we are talking about bitcoin.
Please take a look at the market trend of the past few years.The rate of the bitcoins went down half 1000 in like a day .It is one of the main thing that one should know when you get involved with btc it is that it is possible in the btc world and the price can even fall down to less than 200 USD in a few days the price keep changing from time to time i even remember that some time ago few scams came up and all the investors were in the fear of loosing their earned bitcoins while trying to exchange them and they started selling it in large scale.The price of the btc will go down a little and will recover and it is something which is very normal in every market to have a fall and rise i feel the price will even go higher even if it went a low by small percent its better to buy and stock them when the price goes down as we cannot predict when the price will rise so high.
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.
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