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Topic: Is it possible for the bitcoin to lose it's value ? - page 68. (Read 35101 times)

full member
Activity: 1316
Merit: 126
i
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.
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.
hero member
Activity: 840
Merit: 520
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.
full member
Activity: 182
Merit: 100
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.
jr. member
Activity: 52
Merit: 10
yes it can it is depend on trust and may people trust with bitcoin there days  so ans for short time no
newbie
Activity: 56
Merit: 0
nicely i guess its a no you know what. i will question you what is the bitcoin price right now, it is so massive that is why there is no opportunity that bitcoin will in no way get rid of its worth.
Ctn
sr. member
Activity: 644
Merit: 259


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.



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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.


newbie
Activity: 48
Merit: 0
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
hero member
Activity: 560
Merit: 500
I don't think so, bitcoin won't have a negative croissance  in the future.
In fact, it is illogic because the number of people using bitcoin is in the good way, and the confidence  of people in it is growing day after day.
Even if that is the case, there is sstill a possibility of bitcoin losing it's value. You think it is illogic because of the number of people using bitcoin now? Think again. Most of the users are just here for profit so it will only take many chain of bad events for bitcoin to keep people to stay away from it. This is just a possibility though there is a chance that this wont happen at all but what I am trying to say is that even if people have confidence in bitcoin now, it can fade in an instant or slowly just because of a chain of bad events for btc.
full member
Activity: 322
Merit: 100
I don't think so, bitcoin won't have a negative croissance  in the future.
In fact, it is illogic because the number of people using bitcoin is in the good way, and the confidence  of people in it is growing day after day.
full member
Activity: 434
Merit: 100
Yes it is possible to bitcoin to lose it's value or probably go back when the price was only $2 everything is posdible with regards to the value of bitcoin because it's very unpredictable

Unpredictable as it is, i don't think it would lose valie that much that it would plunge to even below 2 or 3k now. Everything's possible but he likelihood of bitcoin going all the way down in slim with this many supporters now
Not long ago bitcoin went below 2k so I do not think that is out of the realm of possibility but that is not really important because as we know the price always recovers at the end, just look at the recent news coming from China, while that has affected bitcoin, the effect was not a big as some people thought it will be.
sr. member
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I think it's possible for any cryptocurrency in the market, because of the volatile changes which have a big impact on each coin. Every crytpocurrency had that moments when it's went up and go to almost zero but every proffessional cryptocurrency holder know that you need to wait and dont sell the coins and keep them
newbie
Activity: 56
Merit: 0
Sure, it is possible that bitcoin and any other forex shed their worth. But for this, one more currency ought to look that will supersede it, until I see worthy and you can properly take pleasure in bitcoin.
sr. member
Activity: 756
Merit: 257
Freshdice.com
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 in my own point of view, bitcoin's price really falls sometimes and increases, no one can really predict if the price will fall or rise. But i think it is really possible that bitcoin will lose it's value, if the government decided to shutdown bitcoin and remove its all site in the internet and i hope that wouldn't happen because everyone's bitcoin wil be gone.
legendary
Activity: 1512
Merit: 1041
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.
Bitcoins are now never going to lose their value since many people are now aware of these amazing coins and are really enjoying working with them. Only a numbskull can ignore bitcoins for earning big profits because no other investments offer such profits within short time. Bitcoins are going to increase in value drastically in coming years.
newbie
Activity: 36
Merit: 0
Bitcoin will never lose its value by default. But if all nation would make a law to stop buying bitcoin, or mine bitcoin. This would surely crash the Bitcoin price from $4500 downto $0. So the answer is yes, Bitcoin may lose its value by force, but by default it will continue to rise while people are continuously buying it.

Bitcoin can lose the value if a new technology emerges.
hero member
Activity: 826
Merit: 529
I don't think that Bitcoin will lose its value. day by day Bitcoin is gaining its value at an increasing rate. now almost 4500 USD against a Bitcoin. so it will be difficult to get back to its price value. if it will happen then Bitcoin will surely lose its credibility. but for the sake of Bitcoin, it should be protected against this price devaluation.
sr. member
Activity: 357
Merit: 260
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.

I do agree with you. We all know that bitcoin value every day was changing. Status of bitcoin is not consistent but if it fails, expect that its value soon will be doubled because of its demand. Yes, bitcoin still stay in the market as long as it has the highest value.
sr. member
Activity: 1372
Merit: 255
Bitcoin will never lose its value by default. But if all nation would make a law to stop buying bitcoin, or mine bitcoin. This would surely crash the Bitcoin price from $4500 downto $0. So the answer is yes, Bitcoin may lose its value by force, but by default it will continue to rise while people are continuously buying it.
full member
Activity: 364
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.
For my own opinion I think it has the possibility that bitcoin will going to lose its value. Bitcoin is a digital currency so if technology will decrease therefore the value of bitcoin will lose and definitely become dead.
full member
Activity: 196
Merit: 100
It might loss its value when uncertain condition happens, perhaps the banning of computer gadget and internet connection imposed by higher authorities ,, It was too exaggerated to say , but what if, it might comes true because using gadgets especially computers spoils our mind to open up another supernatural thinking.. Actually we cannot determined what's happen next.. but's what we can do right now, is that lets enjoy holding it... for we all know there's something precious achievement of earning btc.
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