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Topic: Is it possible for the bitcoin to lose it's value ? - page 65. (Read 35127 times)

full member
Activity: 322
Merit: 100
yes it can, and possible. but maybe just for short time. when some accident happen in cryptocurrent, it will drop the value.
but, bitcoin's value can be zero.
so if lose value mean zero, the answer is no. and when lose value is the price down, the answer yes it can.
sr. member
Activity: 429
Merit: 250
Don't really know what would happen with bitcoin in the future but for now I believe it's at highest peak and is not gonna drop down to like 5-6 years. That will be insane if it really happens but I don't see any reasons for that to happen.

I also believe that in the next 5 years, bitcoin will last in the first place as it has the potential for growth and development. And I can not predict too far, because every day there can be new crypto-currencies that have a chance to destroy it.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Everything in life lose vales over time also can gain value, this is how bitcoin is working all this time.
Everything eventually crash like some markets and off course after this crash comes panic then everything is returning to normal.

Bitcoin will lose value over time and it will gain the same amount that he lose again and again. this is cycle that is spinning all the time.
newbie
Activity: 40
Merit: 0
Don't really know what would happen with bitcoin in the future but for now I believe it's at highest peak and is not gonna drop down to like 5-6 years. That will be insane if it really happens but I don't see any reasons for that to happen.
newbie
Activity: 8
Merit: 0
A lot of investors have invested and are interested in what happens in cryptocurrency. But I think one of the reasons why bitcoin will lose value when we do not have internet access and we can not use bitcoin online. Bitcoin will not be a loss but after August 1 Bitcoin It may take immediate value, but we can expect that also from other cryptokurrencies are also pressured by the market and other influences. We all know that it has An unstable price is definitely possible.
full member
Activity: 518
Merit: 101
I don't think bitcoin's value will go as low as a small amount of dollars. Even thought its value is now decreasing a bit but it will definitely goes up again. I even think that it's value will rise to million worth in the following decade.
legendary
Activity: 1190
Merit: 1002
In a very simple language their are nill chances of bitcoin to lose its value because if bitcoin lose the value then automatically almost all other coins value become nill and this cryptocurrency technology will die.
legendary
Activity: 1652
Merit: 1057
I don't think it is gonna happen. Because it already took its place in world market. Maybe for a short time it can loose its value but it will not take forever.

No one can predict the exact future. Although bitcoin is not controlled by anyone, many other currencies are being created that can start to be in great demand among people and thereby destroy bitcoin.
I totally agree with you that there are currencies that may want to compete with bitcoin at long run due to some added technology and tweaks to their features. However, that would be hard!

Most of the cryptocurrency will have their bad days but have you studied the market to realize bitcoin is like the driving force for some of this other cryptocurrencies ?  So, to the state of a cryptocurrency destroying bitcoin? You may need to want to rephrase that!
sr. member
Activity: 560
Merit: 286
yes it can it is depend on trust and may people trust with bitcoin there days  so ans for short time no
I think nothing of the kind is going to happen because we are seeing the continuous increase in the price of bitcoin in the market, so it means that the people are joining bitcoin business and the demand graph is going high in graph.
The demand and value of bitcoin are inversely proportional to each other, then, if the demand increase, so how the value would be decreased. Soon it would be declared a legal cryptocurrency across the world.  
I think you need to revise your statement because demand and value are directly proportional to each other in the market. More people are if going after bitcoins, it means people need them and bitcoins are benefiting them. Taking advantage of this thing, bitcoins will automatically increase in price.  
full member
Activity: 294
Merit: 114
Maybe someday, because we don't know anything about the future technology. But right now, I think it's hard to take down the whole system of bitcoin. As long as there are people who develop and use this coin, bitcoin will always be there and not die. Besides, who want to get rit of this amazing currency ?
legendary
Activity: 1456
Merit: 1005
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.
sr. member
Activity: 462
Merit: 250
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.
member
Activity: 84
Merit: 10
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.
hero member
Activity: 1372
Merit: 503
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 possible, yes Bitcoin has really eveolved and gotten stronger as the time passed that it has existed. It has broke down barriers and survived government band but one thing is for certain there can come a time that it might fall.
full member
Activity: 434
Merit: 100
It is actually very easy for bitcoin to loose it's value pretty quickly if the majority starts to believe a fake news that is against bitcoin then there would be a major market dump and then there will be the loss of billions of dollars of market cap of bitcoin.
And that is exactly what happened a few days ago, there were some bad news and then FUD began to spread an people began to sell their coins for a loss because of the fake news, bitcoin is slowly recovering but that should show to us to not be weak hands in the future.

What happened is that Chinese are withdrawing money from bitcoin and other currencies on crypto market. Not all of them I believe, some are still holding like I do. Price will recover soon, there is no need for panic ups and downs are normal thing for bitcoin.
Everything is possible in right circumstances, but bitcoin to lose its value many people should give up from bitcoin in same time and when will that happen? Community is growing and don't be worried about this, money needs to flow in and out, but each year more money is in crypto market.
While I’m a new member in the forum the small amount of bitcoin that I have is something that I’m planning to hold for the long term, I’m not going to sell, I trust that bitcoin is going to reach greater heights and that this is nothing more than a correction.
hero member
Activity: 1890
Merit: 831
Hey!
Well the thing is bitcoin's value can go up or it can go down no one knows.
It can be banned it can loose its value there is nothing that is certain also...its not a govt. Driven currency that would be stable.
So ..
 Nothing can be said..it soley depends upon its market value.
full member
Activity: 686
Merit: 107
Though there are countries that ban bitcoin transactions. There are also some countries that allow and support the use of bitcoin. Bitcoin cannot lose its value, it is just too impossible to happen.
newbie
Activity: 56
Merit: 0
Almost everything can shed its worth when time comes. With bitcoin it is also possible but it will consider a good deal of time for that to come about. Now, it is a rising forex. These who lose worth dont have assistance from the individuals who are using it, not like this bitcoin.
legendary
Activity: 2618
Merit: 1105
It's always a threat that came to my mind whenever I used to think about this.
I've always had the dilemma to see a country like China dumping off hard but they were helpless, but they must be considered as the most influencing factors which used to affect the price of Bitcoins due to their very active involvement in it. Bitcoins could drop hard once countries start to drop their idea of its acceptance and stop their citizens from using it, but I don't think it will be possible till many years from now because Bitcoin is still infant and has a lot to gain against losing its identity amongst everyone because there are still a lot of people who don't even know about Bitcoins yet.

Bitcoin could lose its price, but not VALUES.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
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.
Downfalls are always expected after pumps in Bitcoin , because it is volatile such that fluctuations seems to be normal. There'll be times of its value rising and ofcourse falling. But I doubt that it will fall hard that would make its value as it was before since Bitcoin's price currently is way high than it was before. The high demand that it is getting won't allow it to fall that much, so that would be impossible in my opinion.
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