Topic: Is it possible for the bitcoin to lose it's value ? - page 87. (Read 35101 times)
Yes, it is possible. The value of Bitcoin is defined by supply and demand. Good news is that there is a maximum amount of coins that will ever exist. But people have to continue to adopt and use Bitcoin or it might fail.
In my opinion, no, it's not possible for bitcoins to loose it's value. Because now people have started accepting bitcoins as one of the currencies. Two years before scenario was different. That time it was not that popular. But now all major firms started accepting bitcoins. It's value will decrease or crash if there is any major hacking attempt or something like that.but still it will regain its value just like other fiat currencies. Because day by day it's getting popular among people due of it's advantages.
obviously, it is possible...every currency has ups and downs of its value, so Bitcoin is not out of any currency. recently, we are the witness about the low value of Bitcoin. but, in the future, it will be alright. so your post is relevant to its topic. it is definitely true about any kind of currency.
Yes, it's possible. But not very likely. Nobody likes to lose their investment.
I doubt if bitcoin will lose its value. As you say. Indeed it once happened in 2013. but bitcoin managed to bounce back and show its prowess. If you look at bitcoin price from year to year .. you must have thought impossible bitcoin will disappear. The rise in bitcoin prices is influenced by the number of bitcoin demand. Bitcoin remains the most popular
For now its all up to 1 Agust Chain Split.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.
yes i agree it is all up in the coming august 1 after that days maybe it is not nescesary to make a prediction rigth now because we dont really know what had happen after that day. Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.
For now its all up to 1 Agust Chain Split.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.
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 ?
As of now there's a lot of chances that bitcoin can be in the situation that we don't want and it's very possible to down. But it's not that too deep when it fall because it will recover immediately.
I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
When people will just pull their investments to bitcoin and starts to do massive selling.
Maybe yes bitcoin lose its value once people stop buying and selling bitcoin. And they stop supporting bitcoin that is i know the main reason so its possible that bitcoin lose its value. But that is not now i think in the future.
Bitcoin will not lose its value because it is not just crypto currency. Bitcoin is ideas national economy. Which is not subject to the government and people can do without it. This will force the government to provide people with competitive conditions in the real economy or to leave.
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.
Sorry if my post is in the wrong place or it's not relevant.
Bitcoin has experienced many incidents in the future, it almost died in 2013, however, then it began to develop steadily and vigorously. With what it has achieved, there are no possible causes for it to collapse.
i think it depends, we all don't know what will happen to bicoin sooner or later but i hope bitcoin won't loose it's value beacuse i'm just starting to become a jr. member and I really wanted to earn a lot of money with the help of bitcoin so i hope not.
Ok, so just because you are looking to earn a few pennies through signature campaigns, you hope the price won't come down? Sorry to say, but signature campaigns are not a way to earn a lot money - especially not if you are not even a jr member. People are invested with tens of thousands of dollars in Bitcoin, even millions. They in most cases aren't complaining at the time the value is going down, but you start already sweating because your potential penny earnings might lose value...
Get a proper job.
Looking at bitcoin as a form of currency, then it can lose value the moment the we need an higher amount of it to buy anything that less of it was required, sometimes in the past. So, based on this depending on the comparing period, bitcoin has witness both loss of value and at the same time increase in values considering the purchasing power of unit at any point in time.
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.
No,bitcoin could only lose its value is there is no one ready to buy bitcons.but we could see that bitcoin is legalized in some countries and there is an emerging rise in demand for bitcoins.Mass adoption of bitcoin is taking placer.So,its hardly im possible for bitcoin to lose its value.Rather it would soon cross $3000 and would rise even high.Sorry if my post is in the wrong place or it's not relevant.
I guess is the main reason why there will be trust in BTC regardless the hack/crash or whatever happens. People will always feel that bitcoin is worth something and that will give Bitcoin a value.
In my understanding this value will remain above 1k USD
No,no. Bitcoin will never loose its value.Yes it will possibly drop to its lowest amount but it will definitely rise up again. There will always be rising and falling moments of bitcoin because it can be volatile and unpredictable at times, and even seasoned bitcoin holders can be caught off guard by sudden shifts. Knowing how to understand bitcoin fluctuations can help you to stay ahead of curve in your trading activities.
It is all about demand and supply, if people are not willing to buy bitcoin at $2500 it will decrease the price level that people are willing to buy it.
Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.
Even though the price of bitcoin is frequently fluctuating, its value will never go down to a few dollars as you said because it has gained enough popularity to prevent that from happening. If ever, bitcoin's price can possibly go back almost close to the price 5-6 years ago if a huge dump will occur. That will be a grea time to invest in it even though it will may take a while for its price to recover.
Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.
Even though the price of bitcoin is frequently fluctuating, its value will never go down to a few dollars as you said because it has gained enough popularity to prevent that from happening. If ever, bitcoin's price can possibly go back almost close to the price 5-6 years ago if a huge dump will occur. That will be a grea time to invest in it even though it will may take a while for its price to recover. Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Sorry if my post is in the wrong place or it's not relevant.
Bitcoin lost %80 of its value after the GoX crash in late 2013. People panic sold their coins in despair. The price fell from over 1k$ to as low as 200$ in time. The recovery took very long time but those who hold their coins won the jackpot. Even the top buyers made at east %100 profits since then.
Can bitcoin lose its value? Yes. Only for a time.
In the long run, there will be a recovery as always.
The Solution: If you won't be able to deal with the pain of holding bitcoins for long years, only hold the amount you can afford to lose.
In this world of bitcoin anything is possible. Now about bitcoin lose it value is very distant possibility, because it has become too big to fall anytime soon. There are people/companies who have lot of vested interest in bitcoin. Noone want there investment to lose its value.
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.
Sorry if my post is in the wrong place or it's not relevant.
Bitcoin has experienced many incidents in the future, it almost died in 2013, however, then it began to develop steadily and vigorously. With what it has achieved, there are no possible causes for it to collapse.
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