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Topic: Is it possible for the bitcoin to lose it's value ? - page 82. (Read 35101 times)

legendary
Activity: 2492
Merit: 1145
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It is  possible , But I think not now . People are slowly accepting bitcoin like having it legal from a country and making it as a payment option to other stores. Knowing bitcoin by new person is making bitcoin price go high and higher because of the hype of its price that are continously going higher.
hero member
Activity: 490
Merit: 500
anything can happen. However, is it possible cryptocoin investors especially bitcoin let their money stop working? I think bitcoin will continue to be valuable, not problem with exchange rates and even dont rule out investors will spread education about bitcoin, so bitcoin prices can continue to rise.
yes no doubt that anything is possible, but i think but if we do study about bitcoin we come to the conclusion that bitcoin has a very bright future and therefore bitcoin cannot lose its value but its value is increasing from time to time and people are in fact not accepting bitcoin and are now consider it as their main currency.
legendary
Activity: 3122
Merit: 1398
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,hmm i guess it could be possible, but i think it can also recover... There is always possibilities, the goodness of being an open minded is that you are welcome to different possibilites, and you already have the secret weapon to counter attack those possiblities, but for me I will just go with the flow. Bitcoin may crash someday we might not know, but it is also nice to start over and there is also the chances that it can or cannot recover anymore.

Once bitcoin loses it's value to 0, there is no way it can recover. Why?

- After all that bitcoin reached high price, it's hard to imagined that still it suffers downfall, therefore no more people will tend to used this again. Trust is the issue.
- While bitcoin is slowly decreasing it's value, maybe other will now transfer to other cryptos in order to continue trades
- While other abandon bitcoin and began doing trades on other cryptos, eventually this will be fallen too since of lack of usages globally. I doubt merchants will still accept cryptos because of what happen to bitcoin.
sr. member
Activity: 665
Merit: 250
anything can happen. However, is it possible cryptocoin investors especially bitcoin let their money stop working? I think bitcoin will continue to be valuable, not problem with exchange rates and even dont rule out investors will spread education about bitcoin, so bitcoin prices can continue to rise.
full member
Activity: 443
Merit: 110
,hmm i guess it could be possible, but i think it can also recover... There is always possibilities, the goodness of being an open minded is that you are welcome to different possibilites, and you already have the secret weapon to counter attack those possiblities, but for me I will just go with the flow. Bitcoin may crash someday we might not know, but it is also nice to start over and there is also the chances that it can or cannot recover anymore.
full member
Activity: 238
Merit: 100
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.
Well thats in fact, bitcoin was first use in buying a pizza so imagine the price before so definitely there is a chance that it may fall in the lowest point of its value, but the good this is bitcoin is constantly changing its value and eventually it will pump in its useful value, but remember it takes time if it happened.
legendary
Activity: 1008
Merit: 1000
Obviously, It can lose its value it's not volatile we cannot predict the value of Bitcoin.
The price can go down below $2000 in the coming month but we cannot predict it may go up but who knows?
We are having a good impact on Bitcoin of 1st August. I hope that It keep its value constant.

It is not possible. We all know that bitcoin cannot keep its value constant, because it is in demand. The demand is increasing day by day so is the price. It is not that the price increases or decreases without a reason. When a lot of bitcoins are sold together, the price gets lower, and when a lot of bitcoins are bought together, the price increases. It keeps going like that, and the process is continuous so i don't think we can see a constant value of bitcoin as long as it is in use.

That is why I have used the word Hope, Because I am pretty sure that It is not stable from the very beginning but at least we can hope that it price do not fall what do you say? We all want it price and value increased.
If as your tell, you are using your money to investing by emotion and not use have any strategy or contingency plans for minimize the loss when your hope become wrong. If you still keep this opition, I think you will loss money soon, because I was like you.
hero member
Activity: 720
Merit: 500
Obviously, It can lose its value it's not volatile we cannot predict the value of Bitcoin.
The price can go down below $2000 in the coming month but we cannot predict it may go up but who knows?
We are having a good impact on Bitcoin of 1st August. I hope that It keep its value constant.

It is not possible. We all know that bitcoin cannot keep its value constant, because it is in demand. The demand is increasing day by day so is the price. It is not that the price increases or decreases without a reason. When a lot of bitcoins are sold together, the price gets lower, and when a lot of bitcoins are bought together, the price increases. It keeps going like that, and the process is continuous so i don't think we can see a constant value of bitcoin as long as it is in use.

That is why I have used the word Hope, Because I am pretty sure that It is not stable from the very beginning but at least we can hope that it price do not fall what do you say? We all want it price and value increased.
hero member
Activity: 756
Merit: 500
Obviously, It can lose its value it's not volatile we cannot predict the value of Bitcoin.
The price can go down below $2000 in the coming month but we cannot predict it may go up but who knows?
We are having a good impact on Bitcoin of 1st August. I hope that It keep its value constant.

It is not possible. We all know that bitcoin cannot keep its value constant, because it is in demand. The demand is increasing day by day so is the price. It is not that the price increases or decreases without a reason. When a lot of bitcoins are sold together, the price gets lower, and when a lot of bitcoins are bought together, the price increases. It keeps going like that, and the process is continuous so i don't think we can see a constant value of bitcoin as long as it is in use.
hero member
Activity: 720
Merit: 500
Obviously, It can lose its value it's not volatile we cannot predict the value of Bitcoin.
The price can go down below $2000 in the coming month but we cannot predict it may go up but who knows?
We are having a good impact on Bitcoin of 1st August. I hope that It keep its value constant.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
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 Bitcoin can take a downward plunge like any other asset thrown to the market. This is determined by the forces of demand and supply. It isn't the pseudo TheBillioncoin which is hyped to grow three percent on daily basis without ever fluctuating. What asset acts that way if it isn't a scam?
sr. member
Activity: 868
Merit: 266
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.
The value of bitcoins just like any other currency has been going on and up all the time, the difference between fiat currency and cryptocurrencies is that the fiat currency value refelcts on the economy of the respective countries whiles cryptocurrencies such as bitcoins value fall and rises based on its investors fears or hopes.
hero member
Activity: 729
Merit: 500
Bitcoin has atracted a lot investors, and companies that wanna take the risk over bitcoin, due to its high volatilaty, a lot people are changing their life with bitcoin and crypto pumps and dumps, the most interesting thing is we arent printing new money, or are just put our money into circulation instead be at banks waiting some fees.
hero member
Activity: 770
Merit: 500
It's possible but to fall like 5-6 years ago it had a small chance, let alone with very high reputation and bitcoin prices, down and rising the price of cryptocurrency it is a common thing to happen.
yes that is possible, but i think still there is no such  altcoin which can compete with bitcoin, and therefore i think bitcoin will remain as number one currency of the world for a long time and there is no threat to bitcoin.
legendary
Activity: 1442
Merit: 1025
It all depends on bitcoin and trading users, if it all is not running then bitcoin value will die. But I still believe that bitcoin will not lose its value until whenever, it's because now many have used bitcoin services for trading.

Yes bitcoin depend on its users if the users of bitcoin can't use seriously all the services of bitcoin may be it lose its value, but yeah you are right its will never lose its value because many people believe on bitcoin and also actually everyone use its services seriously and I am sure we will never see this day that bitcoin lose its value.

   If depends that means it possible! In to many comments I saw that with bitcoin price anything can happen, that are comments from trusted
and high ranked members. That can be a reason why some are afraid from crypto-currencies, if it is possible to go to $50k for 1BTC it also possible to go to 0.
  
Bitcoin only at the beginning of their life so the price of the currency will only grow. Tomorrow we will see the updated bitcoin and it will only increase his chances to get to the top.

   It is what most of us feel about bitcoin, bitcoin is still in some early stages. There is a lot of things that has to be done to make bitcoin perfect and
suitable for global usage. This 1 august is upgrade, and probably we will see more upgrades in the future.
well it is true bitcoin still has some space to be filled but I think there is not much time required for this a lot of people are saying bitcoin is going to lose the value as you are saying but I would like to say it has happened in the past as well the bitcoin lost the value and the worth of the currency in 2013 but today we can see bitcoin bounced back to the old value and the price so I think bitcoin can never loses its value permanently.
That’s true. It is almost next to impossible that bitcoins will lose their value forever. They can decrease in value over a time but as usually will recover it. Fluctuations are mandatory for making crypto market interesting and mysterious. Bitcoins are the rulers of crypto world. I don’t think so there is any other currency that can wipe out from this planet.
jr. member
Activity: 53
Merit: 10
i dont think so..
do u still remember when btc jst zero up to 2k$ even more
bitcoin will always grow up!!
Ah, everything can lose its value, but on the other hand it can gain double, triple... its value. Who can guess?
Maybe one day Augur when it gets finished.
hero member
Activity: 714
Merit: 500
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.
Bitcoin could only lose its value when there is no one ready to buy bitcoins.But today we could see that bitcoin is going to be legalized in most countries.Mass adoption of bitcoin is taking place.More companies are coming forward to accept bitcoin payments.In such a situation,its hard for bitcoin to lose its value.
sr. member
Activity: 1848
Merit: 328
It all depends on bitcoin and trading users, if it all is not running then bitcoin value will die. But I still believe that bitcoin will not lose its value until whenever, it's because now many have used bitcoin services for trading.

Yes bitcoin depend on its users if the users of bitcoin can't use seriously all the services of bitcoin may be it lose its value, but yeah you are right its will never lose its value because many people believe on bitcoin and also actually everyone use its services seriously and I am sure we will never see this day that bitcoin lose its value.

   If depends that means it possible! In to many comments I saw that with bitcoin price anything can happen, that are comments from trusted
and high ranked members. That can be a reason why some are afraid from crypto-currencies, if it is possible to go to $50k for 1BTC it also possible to go to 0.
  
Bitcoin only at the beginning of their life so the price of the currency will only grow. Tomorrow we will see the updated bitcoin and it will only increase his chances to get to the top.

   It is what most of us feel about bitcoin, bitcoin is still in some early stages. There is a lot of things that has to be done to make bitcoin perfect and
suitable for global usage. This 1 august is upgrade, and probably we will see more upgrades in the future.
well it is true bitcoin still has some space to be filled but I think there is not much time required for this a lot of people are saying bitcoin is going to lose the value as you are saying but I would like to say it has happened in the past as well the bitcoin lost the value and the worth of the currency in 2013 but today we can see bitcoin bounced back to the old value and the price so I think bitcoin can never loses its value permanently.
full member
Activity: 345
Merit: 100
Bitcoin may decline in price, but for this it is necessary that it be replaced by a stronger crypto currency. We need to closely monitor the news and keep your money in different currencies.
hero member
Activity: 812
Merit: 509
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.

What really affects the value of bitcoin and determins whether it rises or falls is the community behind Bitcoin. If people start abandoning bitcoin and no longer believing in Bitcoin, the prices will fall. This is why Fud is so important to bitcoin, since it can sway a lot of people to sell and the price will therefore fall and the snowball effect will make it fall even more.

Don't think that will be happening anytime soon though since August the first didn't affect us anyway and that was a huge event.
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