Is it possible for the bitcoin to lose it's value ? - page 63.

Superways

hero member

Activity: 826

Merit: 502

Quote from: Bionicgalaxy on September 22, 2017, 10:58:01 AM

Quote from: AlexSimion on June 14, 2017, 05:43:40 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.

In my own opinion, bitcoin could really lose it's value due if the government started to banned bitcoin or removed it in the internet. But as i see bitcoin today, it is very impossible to lose bitcoins value because bitcoin's price is now recovering and increases its price. Bitcoin also getting more famous.

We are talking about present and future of the bitcoins and in my opinion, rather majority will support this stance of bitcoins not losing their value in the near future. Bitcoins are highly increasing in value now a day and I believe that soon they are going to be legal around the globe, making them the best currency.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: pugman on September 25, 2017, 04:43:44 AM

Quote from: AlexSimion on June 14, 2017, 05:43:40 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, quite possible I believe, if countries like China and the like continue to apply more and more regulations to bitcoin, then people might jot be interested in bitcoin anymore and then they will choose the crypto currency that will be in their favor, because let's admit it, we only use bitcoin because of the fact that it's beneficial to us and not to the society. Come what may, bitcoin should survive and rule the cryptos forever is what I want to happen.

I don't agree to that. Bitcoin is very beneficial to the society because it will help the community to have a faster way of making payments and doing transaction so i think that is the benefit that the society will get if they will enable bitcoin into their life and fully adopt it too like what we did and somehow they can get the things that they wanted through working in bitcoin.

pugman

legendary

Activity: 2383

Merit: 1551

dogs are cute.

Quote from: AlexSimion on June 14, 2017, 05:43:40 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, quite possible I believe, if countries like China and the like continue to apply more and more regulations to bitcoin, then people might jot be interested in bitcoin anymore and then they will choose the crypto currency that will be in their favor, because let's admit it, we only use bitcoin because of the fact that it's beneficial to us and not to the society. Come what may, bitcoin should survive and rule the cryptos forever is what I want to happen.

Bonakid

full member

Activity: 224

Merit: 121

Quote from: DrGuns4Hands on June 14, 2017, 07:18:50 PM

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.

Yes maybe it will.because bitcoin is flactuating and its increasing and decreasing we did'nt know what happens next in the value of bitcoin in the coming future.And its depends on the situation of the expanding of bitcoin .but if many people will invest in bitcoin it will not lose is value and im always hoping for being stable of bitcoin.

Rindtom

newbie

Activity: 15

Merit: 0

Quote from: ?? on ??

It is impossible to lose it price because as long as there are many traders that trade bitcoin the price of bitcoin will keep increasing until it will worth a million.
if we will continue to hold our bitcoin and hope for the increasing demand then the price of bitcoin will either continue to go to the top or just become stable at the current price range.

It is not impossible my friend remember that we live in this world. Everything can happen here its like a dream. Even bitcoin can fall nothing will last forever, but i hope that it will increase his value of course. I would then sell my coins and convert my altcoins to bitcoins in order to sell them also. Bitcoin is a bit of stable but not much as you can see on the ban of China.

theunbeatable

sr. member

Activity: 546

Merit: 258

I could either watch it happen or be a part of it

Quote from: Isaac 666 on September 10, 2017, 12:29:11 AM

no it will go other side till now bitcoin to reach it is real value it is about 7500$

the answer will be yes only if bitcoin system hacked

There are altcoins that are not being hacked but they are losing their value. I think this is a matter of trusts by it users because if that coins losses its market cap the price will eventually go down. Other thing is that BTC came for about a cent so there are possibilities that it can go that deep again ( for example : natural disaster, war, internet malfunction and the whole system failure for whatever reason. )

Quote from: Watashi Yamashita on September 22, 2017, 11:56:04 PM

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

When it goes down to the real thing the CHINA stopped bitcoin regulation and Im hoping for the sake of its future, other government and big companies will backed it up.

Tsuyuri

newbie

Activity: 11

Merit: 0

Quote from: coinjack1337 on September 25, 2017, 03:22:36 AM

I also believe that it's possible that bitcoin loses ist value. It may go down to any Price again. There is just nothing that makes btc a safe heaven.

Yes its true. Bitcoin can lose his value easily. If a country bans bitcoin it will go down very hard as we can see by the ban of china on icos. Bitcoin is not safe it can go down in a few days very hard.

As we can see bitcoin was nearly at 4000 dollars, but if you look now bitcoin is at 3600-3700 price. It was even 3200 dollars !

nethan1btc

sr. member

Activity: 574

Merit: 250

Quote from: UchihaRukawa on September 25, 2017, 03:18:15 AM

Knowing that there are lots of investors and large companies who are in to bitcoin, I think its gonna be hard for bitcoin to lose its value. We can say that bitcoin might go down a bit, but it will definitely make its way back and might be with a spike! Thinking that its gonna be christmas soon.

Bitcoin's price can drop anytime, it may drop tomorrow, next week or next month. No one actually knows. But for sure, it will recovered in no time because their is still demand and supply. As long as people are still interested in bitcoin, its value will never lose unless there's a new cryptocurrency that is greater than bitcoin and as of now, there is none.

coinjack1337

full member

Activity: 126

Merit: 100

I also believe that it's possible that bitcoin loses ist value. It may go down to any Price again. There is just nothing that makes btc a safe heaven.

UchihaRukawa

full member

Activity: 364

Merit: 100

Knowing that there are lots of investors and large companies who are in to bitcoin, I think its gonna be hard for bitcoin to lose its value. We can say that bitcoin might go down a bit, but it will definitely make its way back and might be with a spike! Thinking that its gonna be christmas soon.

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: AlexSimion on June 14, 2017, 05:43:40 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 believe that it is possible. Bitcoin's market value is only dependent on its market demand and if by some instance that its demand continuously decrease, ofcourse it will negatively affect its price. The scenario maybe is if other crypto might be altcoin, would have a higher demand than Bitcoin, this thing could happen, but I doubt that its value will be pushed back to its price 6 years before, because it is way far from its current value.

Rajamuda

sr. member

Activity: 924

Merit: 255

I don't think Bitcoin will lose its value. As seen from its development bitcoin values continue to increase over time despite accompanied by some decline. Let's we see the value of bitcoin from previous years, it is much lower than bitcoin value at the moment. Not to mention bitcoin will still continues to be developed / still on process of maturation, which seems in the future its value will be even higher from now and will be increasingly used by many peoples i guess.

Rebisco

full member

Activity: 651

Merit: 103

Quote from: AlexSimion on June 14, 2017, 05:43:40 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.

Our world is full of possibilities but it has only small percentage that the bitcoin will lose it's value. The bitcoin today is extremely powerful and it is hard to predict what future that the bitcoin has.

micher143

hero member

Activity: 798

Merit: 500

Quote from: wizmo on June 14, 2017, 05:52:03 PM

yes bitcoin may go down below $2000 but look it at positive don't sell but buy more and I think bitcoins will stay in market for forever.

If bitcoin price would dump and decrease its value, it could be a time where more peoe would buy bitcoin resulting for it to pump again becasue it usually depends its price through the support of people who uses Bitcoin in terms of transactions investment or tradings. So it is quite impossible for Bitcoin to lose it value or to be zero in the future. Becasue it would be just a part of its development and growth.

winterland

full member

Activity: 434

Merit: 100

Quote from: man1996 on September 20, 2017, 12:59:08 AM

Everything is possible in this world.Bitcoin can loose it's value too.But it may happen that the only currency in the world left will be bitcoin in the future which can be a possibility.Bitcoin is volatile and we cannot guess what will happen in the future.

Everything is possible but it is not very likely, bitcoin is going to be around for a long time, bitcoin does no need the whole world to use it to become massive, as long as a country like Japan fully adopts it that is all what we need, if I became rich with bitcoin and I could only use my bitcoin there then I will move to japan.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: Wintorez on September 24, 2017, 05:13:05 AM

Bitcoin can lose its value only if it loses the interest of users, but now a lot of people are interested in bitcoin and there is no reason for a panic that he can die. You need to invest and make a profit.

Bitcoin is now making more users as the time being passed. It is not possible to loss the value of the bitcoin now, the currency of the bitcoin will the future of the money now it is being legal in many countries. Bitcoin can loss the value only if it will be stop using by the people who are investing the huge amount of money in bitcoin.

zzSunZZ

full member

Activity: 126

Merit: 100

Quote from: Monta3002 on September 24, 2017, 09:28:10 AM

Yes, it is possible. Think about what happened previously when China banned bitcoin some of the value have lost because of the bad news and investors and traders can not use bitcoin anymore.

It happened last week but i think they will use the same scenario soon with other news like Japaneses banned Bitcoin.Like what happen to China that before. By the way, Jamie Dimon is trying to low the valuable of Bitcoin all the time.

Monta3002

sr. member

Activity: 344

Merit: 257

EndChain - Complete Logistical Solution

Yes, it is possible. Think about what happened previously when China banned bitcoin some of the value have lost because of the bad news and investors and traders can not use bitcoin anymore.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: AlexSimion on June 14, 2017, 05:43:40 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.

Hui8

sr. member

Activity: 602

Merit: 259

Quote from: fullypak on September 20, 2017, 06:30:53 AM

Quote from: Himanshu111 on September 20, 2017, 03:29:26 AM

Yes, it is possible but the chances that Bitcoin will loose all its value are very very low simply because of the fact that it is one of the most popular crypto in the market and alot of people have invested their money in it.

It will lose value, but not by a big margin. That means it will not go to zero value why because as you told there are many investors invested on this coin and they will not allow going this coin zero. We may see $1k or $2k price drop in bitcoins, but it will not come under $1k this is my hard feeling.

Yeah that's pretty much true about the bitcoin. It has already surpassed that line and there is no zero value for bitcoin. It could become zero only if all the government in the world makes a single committee to take it down and ban the bitcoin forever. Then we will have no choice but to take out the money and let it burn on itself.

However, there won't be any committee like this that will happen in first place and let the bitcoin burn but bitcoin can get fluctuated with big investors that's for sure. These investors are base of the pie, they are stable and bigger than anyone in the world of bitcoin and we are that cream layer upon the pie which keeps moving as the market moves.

This movement causes the price drop and it could be 1k or so as you said but will never be zero, so no bitcoin can not loose its value.

Topic: Is it possible for the bitcoin to lose it's value ? - page 63. (Read 35101 times)