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Topic: Is it possible for the bitcoin to lose it's value ? - page 57. (Read 35101 times)

full member
Activity: 448
Merit: 122
We can never have a stable price in bitcoin, the price is determined by the damand for bitcoin in the trading market. When there is high demand you will see the price of bitcoin increasing and also when the demand is low we expect fall in price, like in August the price of bitcoin was high but few weeks back we witness a little down fall in the price of bitcoin.
So it is the market that determine the price and it is bitcoin acceptability in more places that determine the market demand, the fall of bitcoin or it rise depends on us how informed we are and how ready we are to educate others about bitcoin.
full member
Activity: 210
Merit: 117
In bitcoin, nothing is impossible. Yes its possible, it depends on the user if the bitcoin lose it's value. In everything that you do? You should know your limitations and know the real value of a thing. Becquse if you abused or over used bitcoin? In the end you are the one who would suffer.
Bitcoin for now is stronger than before ,loosing its value is depends on the holder of itself you should know your limitations using your bitcoin to make it no value.Bitcoin for now is flactuating but in the end its has always has a great value that investors like so much in bitcoin.There is a downfall but imeddiately it will be recovered always.
legendary
Activity: 1876
Merit: 1000
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.

Bitcoin lost %80 of its value after the GoX crash in late 2013. People panic sold their coins in despair. The price fell from over 1k$ to as low as 200$ in time. The recovery took very long time but those who hold their coins won the jackpot. Even the top buyers made at east %100 profits since then.

Can bitcoin lose its value? Yes. Only for a time.

In the long run, there will be a recovery as always.

The Solution: If you won't be able to deal with the pain of holding bitcoins for long years, only hold the amount you can afford to lose.

I think Bitcoin of today is different from Bitcoin of the past. Bitcoin, today, is much more distributed throughout the world and have a stronger market support. Though it is possible to happen but the probability is too low.
hero member
Activity: 854
Merit: 501
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.

Right at this moment it is impossible for bitcoin to lose its value you know why because more and more people believes that bitcoin would still succeed and more investors right now are interested to invest in bitcoin because of the high value price and the profit an investor could get in long term investment. I think it would take years or decades before bitcoin would lose its value unless the people would support other coins and left out bitcoin.
If we are talking about a reduction in the price of a bitcoin in future, then I think there can be a downfall or maybe it never happens. Nobody can tell the future with absolute conformance. So far, bitcoin has not lost its value rather the opposite is happening.

Not only its price is increasing but the number of his admirers has also increased over the past few months and I think, things will stay this way for long now.
member
Activity: 140
Merit: 30
It is possible if people would start to leave or stop supporting it. But looking at the statistics it would probably stick for a while.
hero member
Activity: 672
Merit: 500
Yes it is possible not only for bitcoin the whole crypto market has a chance to lose it's value except few who's price is always stable. The reason for this how much interest people have in a particular coin and how are the developers of the coin working and giving updates. In case of bitcoin it only depends on demand
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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 said that bitcoin is very volatile, so incase of a scenario that bitcoin would lose its value is far from reality or atleast 30% in time that it would happen beacause there are lot of people that are investing on this currency  and this people play a big role in keeping bitcoin to grow.
full member
Activity: 518
Merit: 101
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.

Bitcoin lost %80 of its value after the GoX crash in late 2013. People panic sold their coins in despair. The price fell from over 1k$ to as low as 200$ in time. The recovery took very long time but those who hold their coins won the jackpot. Even the top buyers made at east %100 profits since then.

Can bitcoin lose its value? Yes. Only for a time.

In the long run, there will be a recovery as always.

The Solution: If you won't be able to deal with the pain of holding bitcoins for long years, only hold the amount you can afford to lose.
Exactly. Anything is possible especially if the system is manipulated (you know what I mean). So as big bitcoin is today, it can also be worth nothing through time. But of course, the possibility of it happening soon is not quite feasible at the moment.
member
Activity: 73
Merit: 10
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.

Most of the invetors knows that the crypto market is too volatile and anything can happen. We might experience downfall because of the rumors coming around but still bitcoin recovers because the trust of its investors are solid and they continue to invest. So i can say it is impossible for bitcoin to loose its value.
full member
Activity: 252
Merit: 100
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.

Well based on the current value of bitcoin now it is impossible to loose its value it would take decades before it would loose the value. The value depends on how investors invest in bitcoin if they do not have confidence in bitcoin anymore maybe that will the time would decrease its value gradually.
but for now bitcoin does not lose the trust of its users even bitcoin users increasingly
believe and grow all the time, and in the future all will realize that bitcoin is very profitable
newbie
Activity: 27
Merit: 0
Almost everything is feasible. The fundamental blockchain system performs perfectly properly and the developing demand in Bitcoin exhibits this. But it can nevertheless collapse some day. For case in point, all governments will forbid it, or basically the demand will fade away. Despite the fact that my position of check out is that possibility of this kind of situations is extremely reduced. I’m fairly certain that none of this will come about. Still it is essential to get into thought each feasible system of events.
member
Activity: 96
Merit: 15
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.

Well based on the current value of bitcoin now it is impossible to loose its value it would take decades before it would loose the value. The value depends on how investors invest in bitcoin if they do not have confidence in bitcoin anymore maybe that will the time would decrease its value gradually.
legendary
Activity: 2422
Merit: 1451
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Of course it is not possible for bitcoin to lose its value. Monetary value in FIAT currency has nothing to do with the inherit value of bitcoin. It is backed by a huge mining network that also happens to be the biggest computing network on the planet. People should really understand that bitcoin is the most secure way to transact value on the globe and hence its high value. It can never lose value.
sr. member
Activity: 1260
Merit: 390
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.

Everything is possible in real life and it is the same with digital life and Bitcoin is not an exemption so it may happen but I think there is no reason right now that it will occur, maybe if Bitcoin will be hack by a great hacker and showing that it is not so secure at all. Every day, week, month and year Bitcoin losses its value but it eventually bounce back with much more greater value compare to the losses.
full member
Activity: 325
Merit: 136
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 right at this very moment Bitcoin value would still remain it will be harder or it would take long time before it would loose its value for as long as the invetors would invest in bitcoin the possibility of loosing its value is getting smaller. It will loose its value if we will not invest anymore.
full member
Activity: 518
Merit: 184
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 it is impossible right now to loose its value because bitcoin is getting stronger and stronger as day goes by. If massive dumping of bitcoin will occur it might lower the value but for sure there are lots of investors waiting for that massive dumping because they can acquire bitcoin at a lower cost. So right now it is impossible to lose its value it would take so many years.
full member
Activity: 497
Merit: 110
arcs-chain.com
It never came in my mind that bitcoin will lose its value someday. All im thinking is bitcoin will reached the never expected value someday. Which im preparing until happened. Maybe i have already save some bitcoin until that day.
I too because it is alreadynnormal for us to wait and buy bitcoins again after the dump and sell on peak. The currenctly bitcoin market is too big and it will be act as a big market already. We can't say that bitcoins in this year will have a good vakue
hero member
Activity: 2408
Merit: 584
I think it is possible but I also think that it would never happen,
As long as there are people who continues to invest or use it bitcoin would never lose it's value.
It is right the value of the bitcoin is going high as the time passing so it is very difficult to make the bitcoin go totally down the price of the bitcoin will be 0 if the people will not believe in bitcoin and will try to sell their bitcoin and it is not going to happen ever as the time passing the worth of the bitcoin is increasing but not decreasing.
sr. member
Activity: 588
Merit: 250
Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.

Of course, its totally possible. Things that can motivate it to loss its values are;
(A) if more countries keeps on banning ICOs like the way China did.
(B) if it is bern abused by under-world black market dealers.
(C) if there exchange companies out there scams their customers of their coins or if their website is been attacked.
(D) and most especially, if it start losing it 'decentralization' power.


The volatility of bitcoin may help it rise but I think that it can also bring it down. If bitcoin's price started to go down, many would be interested in buying it for very low price but of course we cannot guarantee that its value will return immediately to normal. Yes, bitcoin had suffered major dump and eventually the price will rise again but we should consider that what if someday it failed to rise again. I just hope that bitcoin will never lose its value because many people will be affected by it.
full member
Activity: 966
Merit: 153
Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.

Of course, its totally possible. Things that can motivate it to loss its values are;
(A) if more countries keeps on banning ICOs like the way China did.
(B) if it is bern abused by under-world black market dealers.
(C) if there exchange companies out there scams their customers of their coins or if their website is been attacked.
(D) and most especially, if it start losing it 'decentralization' power.
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