Is it possible for the bitcoin to lose it's value ? - page 54.

winterland

full member

Activity: 434

Merit: 100

Quote from: AlexSimion on June 14, 2017, 04:43:40 PM

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 not very likely we are going to see those prices ever again, but I think a possibility for that to happen is that every country of the world made bitcoin illegal, many people will stop accepting and trading in bitcoin because of the fear of going to jail.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: bearexin on October 18, 2017, 08:02:47 AM

Quote from: MyIdeas on October 14, 2017, 06:35:48 PM

Quote from: Darklinkz on October 12, 2017, 01:32:45 AM

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.

I support you stance that we can and may observe temporary decrease in the value of bitcoin but on the permanent basis, this cannot happen because there is no other currency that can beat bitcoin. All the altcoins are totally dependent on bitcoin for their values, even the most famous altcoins such as eth and eaves are dependent totally on bitcoin for increase and decrease in their prices.

ETH is dependent on bitcoin? I dont think so for which this thing is not actually happening at all.It may somehow do give some effects but not totally because ETH can really stand on his own now unlike when it was just starting but on the thing mention that most altcoins do really depend on bitcoin value which prices are correlated to each other.Bitcoin would really still lose its value if users or community would decide to leave it.

Canday

jr. member

Activity: 55

Merit: 10

I believe bitcoin could drop its worth to yet another "much better notion" coin.Â The initial to begin does not often finish initial... AOLI also think the only thing that can stop it is an EMP attack.Â Of course then we have even bigger difficulties.

bearexin

full member

Activity: 1162

Merit: 168

Quote from: MyIdeas on October 14, 2017, 06:35:48 PM

Quote from: Darklinkz on October 12, 2017, 01:32:45 AM

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.

I support you stance that we can and may observe temporary decrease in the value of bitcoin but on the permanent basis, this cannot happen because there is no other currency that can beat bitcoin. All the altcoins are totally dependent on bitcoin for their values, even the most famous altcoins such as eth and eaves are dependent totally on bitcoin for increase and decrease in their prices.

justspare

hero member

Activity: 1022

Merit: 538

Quote from: sariz12 on October 14, 2017, 02:22:25 AM

Quote from: AlexSimion on June 14, 2017, 04:43:40 PM

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 can say is No, it's impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements

If we talk about the value of bitcoin, then I am very much sure that bitcoin will gain more value in the coming days than losing its value. There is no way that we can claim this thing that bitcoin is or will lose its value. The way bitcoin is making such a good reputation in the international market, we can hope a very bright future of the bitcoin. Bitcoin will keep on gaining more fame in the future.

super5star

full member

Activity: 313

Merit: 100

Quote from: Kotone on September 24, 2017, 07:38:38 AM

Quote from: AlexSimion on June 14, 2017, 04:43:40 PM

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.

Of course it is as bitcoin relies on heavy factors in the market and in the world to keep it afloat. One ecample is what happened in achina where we can see a significant decrease in its price which adds to its unpredictability and volatility. This isnt to say that bitcoin din not also go up.

There is no chance at all for the bitcoins to lose their value in the upcoming years. This is because it is one of the decentralized cryptocurrency and it could not be banned by a single government or country. There is no such way to get rid of it at all because of its excessive use and increasing market values on the daily indexes.

Harbal

newbie

Activity: 36

Merit: 0

Certain it really is possible, just like it truly is possible that the net would go down due to a enormous asteroid hitting the Earth and millions of individuals dying, and nations destroyed. In that feeling, of course.

MyIdeas

sr. member

Activity: 734

Merit: 250

Quote from: Darklinkz on October 12, 2017, 01:32:45 AM

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.

georgiyfo

newbie

Activity: 49

Merit: 0

It is feasible for bitcoin to minimize in benefit or for us to have a bearish market place but it is not attainable for bitcoin to shed it value now. Bitcoin as a quantity one cryptocurrency has been rising in benefit from inception and we assume this to carry on right up until additional discover allow explained 4 to five years to appear minimum ahead of we see long time period bearish market.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: ruslango on October 10, 2017, 12:19:00 PM

The market is now very huge and there are thousands of cash out there. SOme of them are even increased than bitcoin. They have progress, engineering, intelligent contracts, quickly transactions, and many others. The only point that bitcoin has is that it is the initial crypocurrency. in the foreseeable future, bitcoin will no more time be amount one particular and it will certainly get rid of its worth

We;; my opinion is little different if we see bitcoin so bitcoin is also going to provide a lot of services to his users bitcoin have now his credit cards and some develop countries have accepted bitcoin just because of his good services and I think bitcoin that what is going on in market bitcoin price is high than any other currency around the world which is a good example of is high value.

sariz12

member

Activity: 98

Merit: 10

Quote from: AlexSimion on June 14, 2017, 04:43:40 PM

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 can say is No, it's impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements

katiecbell

hero member

Activity: 644

Merit: 500

Quote from: Smarty14392 on October 11, 2017, 05:12:56 AM

Quote from: THAHIRHAJI on October 09, 2017, 02:22:29 AM

It is not possible as you expected Bitcoin is performing well at present we no need to think about loosing it's value.

If losing the value means become zero or something like that, then it is pretty obvious that is not going to happen. Even the price won't be decreasing to 3k dollars or below. Bitcoin investors are increasing with everyday and with such a great demand, decline is impossible now.

Nobody can tell bout the future with hundred percent surity but from its past and present performance, I have high expectations from bitcoin.

Indeed it is totally out of question for bitcoin to lose value. There is not even a single reason for bitcoin to go down to zero in value. Bitcoin is not only currency but an investment as well. Bitcoin is day by day increasing in value and it is really awkward to see a comment talking about devalue of bitcoin. All the investors of crypto currencies have much higher expectations from bitcoin.

coinholic

full member

Activity: 518

Merit: 101

Quote from: AlexSimion on June 14, 2017, 04:43:40 PM

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 nowadays. It's just a matter of time. The market can rise but it will also fall. A common law of nature that anything that goes up will need to come down. Almost applicable to any aspect of life. So bitcoin is not an exemption. As high as its value is now, the time will come that it has to fall. And it's all up to us how well we play this game.

Protomono

full member

Activity: 868

Merit: 100

Buy $BGL before it's too late!

Anything can happen in the future. But if bitcoin loses value, seems impossible to happen. Because, bitcoin very popular and many merchants are adopting bitcoin as payment option.

mrfreezeh

sr. member

Activity: 348

Merit: 250

Quote from: Blamsud on October 10, 2017, 08:08:21 PM

Quote from: BitcoinMuscle on October 10, 2017, 12:58:40 PM

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.

Maybe when the demand already reach it's supply and we cant tell when will it happen bit maybe for 10years and more it can still live and btc will have more new feature and uses by that time.

New feature? I just want Bitcoin can create a system instantly confirm transaction as Digibyte or Ripple and it can receives a huge numbers of transactions any time. I do not want to spend much times when I want to sell my Bitcoin at highest price because I need to wait confirm my transaction hash.

KalaiBTC

full member

Activity: 448

Merit: 102

Quote from: Watashi Yamashita on September 22, 2017, 10:56:04 PM

Definitely not. It may dump but will not totally lose its value since no one can stop it.

And the market conditions depends the investment ratio of the people. The more the investment the high the price. It is the rules of business. As many people start believing and investing in bitcoin the price and market cap will automatically raise high and decrease in such a field which is used all over the world cause some annoying things, which I think will never last for long time.

Jose Mourinho

sr. member

Activity: 585

Merit: 250

PredX - AI-Powered Prediction Market

Very likely, bitcoin is now a very fun thing because everyone hunted, various ways people do in order to be able to get bitcoin from a good way to use illegal ways.

Adreman23

full member

Activity: 1366

Merit: 107

SOL.BIOKRIPT.COM

no it cant happen it is impossible for the bitcoin to lose to its minimum value because when the price dump to the estimated deep price many investors buy bitcoins.

Darklinkz

full member

Activity: 448

Merit: 100

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.

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: ViperCS on September 23, 2017, 06:55:56 AM

It is possible for Bitcoin to lose it's value overtime like it is always fluctuating. But we have to keep attention on their prices. If you have to hold it you can hold when the prices are less. When you come to know that prices are getting towards higher side don't t wait sale it out. It may happen that initially you face some problems. Just at go through such reading and get knowledge of bitcoins. Keep searching on google for current situation.

The price may affect the value of bitcoin, but after all it will be the future currency. The people’s interest and faith in bitcoin is still increasing although the price is not stable and up and down occurs every minute. But still I think investment in bitcoin is far better decision because the future is that of bitcoin and the world will turn towards a digital currency for easy, secure and comfortable trading all over the world.

Topic: Is it possible for the bitcoin to lose it's value ? - page 54. (Read 35129 times)