Yes it is possible,
You can see one country decision can impact bitcoin value for whole world,
recently china bans three of largest exchanges for local trading and due to that bitcoin fallen approx 1000 USD in a single day.
So yes this is possible.
Topic: Is it possible for the bitcoin to lose it's value ? - page 67. (Read 35101 times)
For me, it is so impossible that bitcoin will lose its value because there were lost wallet and with lots of coin in their like what others problem, lose of password and lost a private information so I guess bitcoin will never be lost in value, there will always be equivalent to that. And in terms of value to the users I guess it is impossible because of reason of people totally support btc and patronize it inspite of lots of coin out there.
We cannot take away this idea that bitcoin will lose its value in the future but for me as long as more people believe on this system bitcoin will remain strong. History will repeat it self and i believe bitcoin will become high in value in the future and we should take this one as an opportunity to make money.
We cannot take guarantee that BTC will be always growing its value. There are possibilities to lose its value at the same the recovery will surprise you always if you have patience on holding your coins during its dip. I believe we can predict its market value by watching its discussions here because Everyone view will be different.
That is right, we can predict the movements of bitcoin if we are always active here on our forum because there is a lot of people that are always updating the forum with all the happenings in bitcoin so if you see a news that is kinda bad then probably the price of bitcoin will go down and if you see the news was all about good then it will pump and the best thing to do is to ready our bitcoin to sell.
We cannot take guarantee that BTC will be always growing its value. There are possibilities to lose its value at the same the recovery will surprise you always if you have patience on holding your coins during its dip. I believe we can predict its market value by watching its discussions here because Everyone view will be different.
I think it will happen in the future. But we dont know when the price become 0 or no value. Because as of now the price is 3700 dollars and thats very high compared to the price last few years ago. But I hope the price of bitcoin will increase so many people earn money. And i hope more decades bitcoin will live in this online worls. But we dont when the ends . Lets upport bitcoin because they can get opportunity to earn because this coin.
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.
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.
Yes it is possible for bitcoin to lose it's value.In today's date bitcoin's value has fallen down quite a bit but this is for only a short period of time.Also if countries believe that it is a false currency then it can also be vanished.Nothing in this world is permanent and we cannot predict the future.
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 has a possibility to grow and it has a possibility to vanish, Traditional money or the cash will not be lost, because lot all people have knowledge and has the ability to afford having btc. Sorry if my post is in the wrong place or it's not relevant.
yes if some one hack it or start some additional things like WAR III start
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.
For example : Chinese ICO got ban and I think there will be a group that try to use this situation in order to get profit by telling some bad about bitcoin dropping value recently.
And for long term, I'm wish that bitcoin still able exist until it reach maximum or it's life time
It's possible for any currency to lose its' value – whether it's the US dollar, Bitcoin, Euro, or any other currency for that matter.
I agree with you. I beleived that there is nothing forever in this world. There is no permanent. People die. Things got broken. Everything changes and so do bitcoin. Not now but maybe next year, next decade. We'll never know. We must ready ourselves and give our best on bitcoin until it exist so we won't regret someday.
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.
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.
Bitcoin can lose its value, but it's hard for bitcoin to lose even 50% its value. If there's a new technology that's better than bitcoin, then that will make bitcoin lose its value.
According to advertising concept; it reflects the fact that something is similar, it is actually a good thing, there are many subcodes right now, many of them are really naughty.
Nope, this can't happen if you look at the market cap of bitcoin. Don't think it too technical way just think it on practical way. What I mean by that is, bitcoin has so much investment already circulating into market that it will always push it up even in the bad times. Forming a new tech and then pumping the value of same would take lot of time and off course investment which is long term and trusted. There have been so many but none of them really crossed bitcoin. I don't think bitcoin it will loose its value so easily.
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
No I don’t think so bit coin will lose its value as it is the most secured, stable and exponentially growing crypto currency. People from all over the world are investing in bit coin because of its amazing sustainability characteristics. Traders are getting benefits from it these days while investors keep investing in it for long term. the answer will be yes only if bitcoin system hacked
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.
Bitcoin is 6-7 years old, the next 5 years will tell if it will remain or loose all its value.
I believe that this will not take place very quickly. In purchase for bitcoins to depreciate, you need to have some other crypto currency that will exchange it, but there are no decent choices however and you can safely and securely appreciate bitcoin.
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I agree with you, even though there is some price fluctuation happens but it will back again to its normal price in a few hours. Because most of us are embracing bitcoin now and it is currently on top used in online transactions that's why there is no possibility that bitcoin will lost its value.No one can tell. But I hope not. I just get started earning in bitcoin and I am enjoying doing this. It really help me a lot in many ways. Maybe it can lower the value but I hope not to lose its value. But whatever happens we should ready ourselves and don't expect too much on it and don't rely yourself on it because we never knew when it will be gone.
In our time maybe it will not happent to Bitcoin, because it become more powerfull coming from a downfall, it learn the mistake on what happened that time thats is why it become stronger, and even being recognized to some country as legal currency because of trust.Jump to: