Is it possible for the bitcoin to lose it's value ? - page 55.

Smarty14392

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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.

Bluestreet

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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.

No, I don't think that it is possible for bitcoin to lose all of it's value, it is the first cryptocurrency and every currency is measured in terms of bitcoin, but there are people now a days saying that bitcoin is having problems and there is a hard fork planted for 25 October, but I am also certain of that, that the forked coin will not be able to take the throne from bitcoin.

Klestar

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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.

Yes! If many investor stop investing in bitcoin maybe the bitcoin will going down again i hope that it will never happen .

aardvark15

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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.

I don't think Bitcoin will lose value but I think there are possibly 3 ways it could happen:

1) If major governments like the US and European governments were to ban Bitcoin, then it is possible that it could fail.

2) If the fees get too high and no one wants to use Bitcoin any more, then it's possible that it will begin to lose value.

3) If Bitcoin becomes more scarce, the value should rise, but it seems possible that if everyone just hoarded Bitcoins and stopped using them for transactions, it could begin to lose value.

winterland

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Quote from: setupbounds on September 27, 2017, 12:38:41 AM

Quote from: ekoice on September 14, 2017, 07:08:20 AM

Such doubts would definitely come for newbies as they don't have adequate knowledge about bitcoin.More over,lots of FUD spreading in the market would also make them panic about their bitcoin investment.Bitcoin is a decentralized currency uncontrolled by any authority and hence its price is uncontrolled y any one.Its price just increases and decreases with increase and decrease in demand for it.But,we could see that today bitcoin is getting legalized in many countries and more companies are accepting bitcoin payments day by day.Mass adoption is taking place all over the world.so,the chance is very less for decrease in demand for bitcoins and hence its price also.So,in this stage,we could believe that bitcoin would not lose its value.

In 2022 there are high chances of bitcoin been seen everywhere. The way it is increasing in its demand can make anyone believe that the bitcoin is going to rule the world in the coming years. Still ruling the world in 2022 may be a little tough but i expect it to make a great success in future.

I do not think we are going to get bitcoin being accepted that fast I think it is going to be a very slow process, even if mobile phones are everywhere right now, mobile phones are an 80’s invention so it should take bitcoin 10 to 30 additional year to be accepted by everyone.

man1996

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Everything is possible here.Recently bitcoin was at its lowest.Due to this the payments were also less.But with time bitcoin is recovering.

cherrymobile

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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.

Im also new here and i want to learn also about that, so i think yes for me if many investor stop investing in bitcoin and if the people stop to use this i think that is the one possible that the value of bitcoin will going down or it will back to the price before $3 .

Blamsud

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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.

BitcoinMuscle

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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.

Sithara007

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Quote from: ilyadt on October 10, 2017, 12:44:34 PM

In the near long term, no. That this took place is required for everyone to promote their coins in a brief time, but this can not be. If only the United States does not prohibit bitcoin and does not impose sanctions from bitcoinÂ

In the medium term, there is no such possibility. I agree with you. But we can't predict the long term (i.e 5 to 10 years from now) future of Bitcoin. Technology is advancing at an unprecedented pace, and it sometime in the future newer technology will emerge, which will make Bitcoins (and all other types of crypto-currency) obsolete.

ilyadt

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In the near long term, no. That this took place is required for everyone to promote their coins in a brief time, but this can not be. If only the United States does not prohibit bitcoin and does not impose sanctions from bitcoinÂ

ruslango

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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

tyronecoinbit

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It's possible to lose its value if there will be no one who will support bitcoin when its value drops very low, and all the users will sell their bitcoin. However, I don't think it will happen now because bitcoin always recover for how many weeks after it drops. And as of now, bitcoin is becoming more popular that its demand and supply keeps on increasing. And a lot of people supports bitcoin when it drops, and they still have trust on it.

Grapt1961

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It is attainable for bitcoin to lessen in price or for us to have a bearish industry but it is not attainable for bitcoin to drop it benefit now. Bitcoin as a quantity one particular cryptocurrency has been increasing in worth from inception and we anticipate this to proceed until more discover let explained 4 to five years to come minimal just before we see prolonged phrase bearish market place.

zypa

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Do you guys think that it is possible in the near future to reach the all time maximum for btc?

croTek4

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the Cat-a-clysm.

it's possible for it to loose part of its value, but not all of it. Bitcoin's value is kind of defined by how much people are willing to give for it... so, as long as there is people to buy bitcoins 5k$ each, it will be the price. sometimes, some FUD can force people to sell bitcoins, sometimes at very low price indeed. But, hey, no matter what the price is, there will always be people buying bitcoin.

The worst-case-scenario that I can come up with, would be a 1 or 2 year crash with a 95% dip, if there's a planetary ban on Bitcoin and other cryptocurrencies. End even in that case, i bet my left nut that governments will secretly buy back every cryptotoken, so that, next time, they can control that money flow.
Just look at Estonia, with their Est-coin. They are begging us to join the party, yet we said "too bad it's too late for you guys.".

Jokes aside, no, Bitcoin will not loose its value. Unless there's a really big fork, and you try to do a bold move and move your coins on the weak side of the blockchain, then you're safe.
Don't forget that it's volatile, and you can loose pretty much everything in one wacky move.

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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 think Bitcoin is thriving and it will never return to its original state like 5-6 years ago. Maybe it will grow or disappear forever. That does not matter, there will be a lot more money than it was born. Because of the increasing demand of people, fast payment and high security. So the digital world will grow in the future

Sir Legend

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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.

yvesp110

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Quote from: Rhaizan on October 08, 2017, 01:29:39 AM

Yeah it is possible for the price of bitcoin to lose its value, as i see there is no stable price in bitcoin, sometimes rise and sometimes down so we need to aware about the price.

Digital market is a volatile market. The price keeps on fluctuating at unexpected times. Actually, this is the true essence of this industry which has attracted majority towards itself. What is important to remember, the bitcoin price can recover very quickly and it has the potential to touch high targets. The predicted value of bitcoin before 2k18 is round about 7k dollars so volatility must give us happiness.

THAHIRHAJI

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

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