Is it possible for the bitcoin to lose it's value ? - page 70.

doomloop

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Quote from: Gotomoon on August 30, 2017, 02:02:10 AM

Quote from: loopes on August 30, 2017, 01:51:11 AM

Quote from: doomloop on August 29, 2017, 09:47:26 PM

Quote from: Bestpromoter on August 28, 2017, 09:01:53 AM

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.

the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down.

bitcoin reach the highest level of price that i ever know and i am very happy to heard it. bitcoin has so huge of users and with all of bitcoin's users they will not do anything if the price of bitcoin will go down (whenever it possible) it means their assets will lose.

Nowadays, bitcoin has become increasing its value. This means there is more demand and more users into bitcoin. Exactly, we really dont know what might gonna happen in the upcoming years about bitcoin. But one thing I can see and observe for now it will not lose it's value the more users the value will continue to increase.

Bitcoins are new in the world and they are going to last till the world ahs internet. I don’t know why people are really worried about bitcoins’ losing their values. Nothing like that is going to happen. They are going to flourish beyond our imaginations. We should just wait and watch.

Milo_Kidd

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I think btc value is hard to lose. Because almost whole world now accepted btc transactions. May it depends on the market if btc still accepted then it is. But if not maybe another cryptocurrency will rise. But just for its not going to happen that btc will lose. But in the future for it will be at top. With this service any transaction will be easy and fast.

Diablesfunis

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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.

BlueStackz

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Quote from: Lumada on August 29, 2017, 08:37:36 PM

Quote from: Pakboy on August 29, 2017, 07:08:40 PM

Quote from: itsallpc on June 14, 2017, 06:59:32 PM

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.

If no body wants to buy bitcoins,it would start losing its value.But i don't think that it would happen.Demand for bitcoins is increasing day by day.Mass adoption of bitcoins is taking place.New countries are coming forward to accept bitcoin legally.So no need to worry about that.

I think you are right. The bitcoin will not lose its value because the demand of the people to bitcoin is continuing to increase. I can say that the demand is really a great factor in the price of the bitcoin.

it will never lose ots value,even split happened it seems nothing. Now it continues increasing and it can sustain the trials that may come for it already gained supporters.

You have rightly said that Bitcoin will never lose its market value. The way we have seen the graph going up in past 7 years, it will be injustice if we say now that Bitcoin will lose its worth. Even though if comes a case that Bitcoin prices start going down, that too will not last long and we will see the graph going up and up.

keeee

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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.

Actually I don't think that Bitcoin will lose its price even when it dumps heavily. As I remember, the price of bitcoin before is just around 8 to 15 thousand(in peso) and until now even if it dumps, it never reach again its old value. Maybe it will dump but just a tens of thousands only.

AK47-

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Quote from: Quidat on August 30, 2017, 07:35:31 AM

Quote from: matuson on August 30, 2017, 07:30:28 AM

Any currency can lose its value, but it is not possible to predict. Personally I believe that bitcoin will be an alternative to the dollar. Modern money is not secured by gold like it did before, so their value depends entirely on the confidence of users. So bitcoin has every chance of becoming a currency №1 in the world.

Theres no wrong to assume or hope for bitcoin the become no. 1 currency in the world but I would like to ask, whats you basis? Have you consider to see on how government would let such thing to happen? I don't think so that they would able to let that thing happen knowing that bitcoin is a decentralized thing and I'm sure more government wont really like such thing and also local fiat currency cant easily be replaced.

He clearly didn't state that Bitcoin will replace fiat. Rather he mentioned it will coexist with fiat which is true. But I agree with your point that government wouldn't let Bitcoin dominate the national market. But Bitcoin can surpass marketcap of any fiat currency as fiat are mostly localized and Bitcoin being international have the ability and potential to surpass adoption rate of any fiat currency unless all the governments start working together against Bitcoin.

Quidat

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Quote from: matuson on August 30, 2017, 07:30:28 AM

Any currency can lose its value, but it is not possible to predict. Personally I believe that bitcoin will be an alternative to the dollar. Modern money is not secured by gold like it did before, so their value depends entirely on the confidence of users. So bitcoin has every chance of becoming a currency №1 in the world.

Theres no wrong to assume or hope for bitcoin the become no. 1 currency in the world but I would like to ask, whats you basis? Have you consider to see on how government would let such thing to happen? I don't think so that they would able to let that thing happen knowing that bitcoin is a decentralized thing and I'm sure more government wont really like such thing and also local fiat currency cant easily be replaced.

matuson

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Any currency can lose its value, but it is not possible to predict. Personally I believe that bitcoin will be an alternative to the dollar. Modern money is not secured by gold like it did before, so their value depends entirely on the confidence of users. So bitcoin has every chance of becoming a currency №1 in the world.

Doamader

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We cant compare bitcoin now with before, community has raised a lot on the last years, big investors around, soo im pretty sure we wont have anything similiar as those cenario that happened with low community and few people with several coins, nowadays the coins are more distributed. Besides those we are into 4000 dollars if it crash to 1000 i wonder how others crypto would be if the king loose such value on the short time, maybe another coin would take bitcoin place, but this would be a huge problem to keep trust into crypto.

bbcolex

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Yes everything that goes up eventually goes down, if someone will successfully hack blockchain then it's the end of bitcoin currency

TIDOVEE

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Very possible, as it has the tendencies of rising in value so it could also loss its value.

Tungsten-1

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Quote from: LindaQ on August 29, 2017, 04:31:56 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.

of course, it is not impossible for bitcoin to lose its value, bitcoin is a crypto currency, bitcoin is technology, and some technology could fall and forgotten. If you remember Nokia, you will think that it's technology couldn't fall because almost everyone in this world are using its technology, but what happen ? Nokia fall.

Indeed! To maintain your position in the market you need to keep working hard consistently. With every passing year, you need upgrade your technology to keep people interested in your product. The example of Nokia is valid and same happened to yahoo. But I don’t think so bitcoin team is dumb enough to let others overpower them. They must have learned some good lessons from these brands.

Gotomoon

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Quote from: loopes on August 30, 2017, 01:51:11 AM

Quote from: doomloop on August 29, 2017, 09:47:26 PM

Quote from: Bestpromoter on August 28, 2017, 09:01:53 AM

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.

the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down.

bitcoin reach the highest level of price that i ever know and i am very happy to heard it. bitcoin has so huge of users and with all of bitcoin's users they will not do anything if the price of bitcoin will go down (whenever it possible) it means their assets will lose.

Nowadays, bitcoin has become increasing its value. This means there is more demand and more users into bitcoin. Exactly, we really dont know what might gonna happen in the upcoming years about bitcoin. But one thing I can see and observe for now it will not lose it's value the more users the value will continue to increase.

Forbiddenone

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Quote from: loopes on August 30, 2017, 01:51:11 AM

Quote from: doomloop on August 29, 2017, 09:47:26 PM

Quote from: Bestpromoter on August 28, 2017, 09:01:53 AM

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.

the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down.

bitcoin reach the highest level of price that i ever know and i am very happy to heard it. bitcoin has so huge of users and with all of bitcoin's users they will not do anything if the price of bitcoin will go down (whenever it possible) it means their assets will lose.

it will spike more as blockchain technology is spreading around the globe.many mnc company are taking interest in ethereum and bitcoin blockchain framework.price will show some dump but will increase more as it has done in the past.

loopes

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Quote from: doomloop on August 29, 2017, 09:47:26 PM

Quote from: Bestpromoter on August 28, 2017, 09:01:53 AM

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.

the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down.

bitcoin reach the highest level of price that i ever know and i am very happy to heard it. bitcoin has so huge of users and with all of bitcoin's users they will not do anything if the price of bitcoin will go down (whenever it possible) it means their assets will lose.

Glorypaasa

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Quote from: voltesbit777 on August 29, 2017, 12:58:25 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.

That would only be happen if the community of bitcoin and users will be gone away. But that won't be happen of course, bitcoin is just only starting the real journey now. Though, price of bitcoin is getting much higher compare 3 months ago isn't?

I agree bitcon will down or die or to lose this value is because if people dont use this or dissappear .or i think in the future many cryptocurtency will appears and the value is higher than bitcoin so i think many people move to new and high value.

doomloop

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Quote from: Bestpromoter on August 28, 2017, 09:01:53 AM

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.

the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down.

passivebesiege

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Quote from: Lumada on August 29, 2017, 08:37:36 PM

it will never lose ots value,even split happened it seems nothing. Now it continues increasing and it can sustain the trials that may come for it already gained supporters.

Well, as long as it has many supporters and it has its purpose and continue to innovate bitcoin will be here. But still, a possibility may happen but not that easy.It will take more time for people to religiously support another coin IMHO.

Lumada

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Quote from: Pakboy on August 29, 2017, 07:08:40 PM

Quote from: itsallpc on June 14, 2017, 06:59:32 PM

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.

If no body wants to buy bitcoins,it would start losing its value.But i don't think that it would happen.Demand for bitcoins is increasing day by day.Mass adoption of bitcoins is taking place.New countries are coming forward to accept bitcoin legally.So no need to worry about that.

I think you are right. The bitcoin will not lose its value because the demand of the people to bitcoin is continuing to increase. I can say that the demand is really a great factor in the price of the bitcoin.

it will never lose ots value,even split happened it seems nothing. Now it continues increasing and it can sustain the trials that may come for it already gained supporters.

Pakboy

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Quote from: itsallpc on June 14, 2017, 06:59:32 PM

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.

If no body wants to buy bitcoins,it would start losing its value.But i don't think that it would happen.Demand for bitcoins is increasing day by day.Mass adoption of bitcoins is taking place.New countries are coming forward to accept bitcoin legally.So no need to worry about that.

I think you are right. The bitcoin will not lose its value because the demand of the people to bitcoin is continuing to increase. I can say that the demand is really a great factor in the price of the bitcoin.

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