Is it possible for the bitcoin to lose it's value ? - page 88.

naughty1

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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.

Do not worry, this is not a bitcoin collapse, it's just a new development, a shift towards power in the future, although the bitcoin will be split, but it's still going to grow better way.

ethereumhunter

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Quote from: ElitistCA on July 27, 2017, 12:37:10 AM

Quote from: uelque on July 27, 2017, 12:28:30 AM

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.

Not only you hope the value of Bitcoin not decreasing after August 1st. Most member on Bitcointalk Forum make money from campaign or any type with Bitcoin are hope that. But the market and rich man always doing the opposite our hope.

although bitcoin is decrease, bitcoin will be recover like before and if in august 1st the price is decrease like many people predicted, then we only need to waiting for a while because the price will increase and even it will reach high price. i think its the right time for us to buy bitcoin so the amount bitcoin in our wallet can increase and waiting for the right time to sell. but i don't think if bitcoin will lose its value because if the price is down, then i think its still normal and bitcoin always volatile so far.

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Quote from: iram1011 on July 27, 2017, 12:59:23 AM

Quote from: Schuyler on July 27, 2017, 12:45:12 AM

Quote from: HasHe on July 27, 2017, 12:16:18 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.

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.

People learn from past mistakes and so do the bitcoin community. We have seen before incidents that lead to the price of bitcoin tumbling down (Mt. Got comes to mind first) then the price has more than recovered from that. I am not saying that nothing like that would happen again, but with the continuous development and a growing userbase, there's no real threat to bitcoin going down and losing most of its value.

Actually Bitcoin has became a lot stronger than it was during Mt. Gox. Now investors very well know the potential of Bitcoin and most of them wouldn't abandon it during such happenings. Thus, possibility of crash due panic selling during such incidents have reduced significantly. But if happens it would rebound back in short span as happened in this month. Bitcoin has proven to be the best asset to invest in for long term. Crashes will happen but wouldn't stay for a long time.

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

iram1011

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Quote from: Schuyler on July 27, 2017, 12:45:12 AM

Quote from: HasHe on July 27, 2017, 12:16:18 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.

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.

People learn from past mistakes and so do the bitcoin community. We have seen before incidents that lead to the price of bitcoin tumbling down (Mt. Got comes to mind first) then the price has more than recovered from that. I am not saying that nothing like that would happen again, but with the continuous development and a growing userbase, there's no real threat to bitcoin going down and losing most of its value.

Actually Bitcoin has became a lot stronger than it was during Mt. Gox. Now investors very well know the potential of Bitcoin and most of them wouldn't abandon it during such happenings. Thus, possibility of crash due panic selling during such incidents have reduced significantly. But if happens it would rebound back in short span as happened in this month. Bitcoin has proven to be the best asset to invest in for long term. Crashes will happen but wouldn't stay for a long time.

coynedterm

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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.

It is much usual thing in the case of the Bitcoin to loose it's value but again gain the value .
If you can keep your attention at the Bitcoin price then you will find that the price of the Bitcoin is going fluctuate with rise and down with 20-30$ daily .
But if you are asking to down in the price by 1 to 2k$/btc then I don't think it is possible because everyone knows that the value of the bitcoin can't go down , the main reason behind this factor is that , it is the medium to use the cryptocurrency market in perfect ways , And only few percentage of the world population knows about Bitcoin , so people will get enter in the bitcoin and price will increase step by step .
Here if you can see the prediction by the most experienced person in this field then you can estimate the price of the bitcoin to about 10k$/btc in the last of 2020 year .
So here I don't think that price will go down at much extent ( even for small time ) .

Schuyler

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Quote from: HasHe on July 27, 2017, 12:16:18 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.

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.

People learn from past mistakes and so do the bitcoin community. We have seen before incidents that lead to the price of bitcoin tumbling down (Mt. Got comes to mind first) then the price has more than recovered from that. I am not saying that nothing like that would happen again, but with the continuous development and a growing userbase, there's no real threat to bitcoin going down and losing most of its value.

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Quote from: uelque on July 27, 2017, 12:28:30 AM

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.

Not only you hope the value of Bitcoin not decreasing after August 1st. Most member on Bitcointalk Forum make money from campaign or any type with Bitcoin are hope that. But the market and rich man always doing the opposite our hope.

uelque

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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.

HasHe

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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.

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.

maydna

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Quote from: Vasilije69 on July 26, 2017, 10:17:23 PM

Bitcoin can lose some of its value.
But it won't be huge dump, at least i think that. It could fall down to like 1800$, but not more than that.
Also, if that happened, BTC would recover rapidly like it did in 2013.
So, no reason to be worried.

i think bitcoin lose its value is in the price because if we read from many source, bitcoin price will be increase more than now and many people still using bitcoin and still believe in bitcoin even for new user. its normal if we see bitcoin price is up and down like now especially approaching 1st august because many people predict bitcoin will be down before its up again. i am sure that bitcoin will be recover and will be back normal again.

Bowly88

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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.

I think it can be possible, it can lose its value like totally zero. That will only happens if and only if no one is using bitcoins anymore, as in no one in this world. That's the time og the bitcoins bankruptcy because no one is using it anymore what the sense of having an expensive value if no one is even using it. But I think thats the least that could happens.

senyap101

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i guess it can due to the halving from 50 to 25 but later on we see that price went back up... Bitcoin value is very hard to predict since you never know what will happen in the future... I only hold some bitcoin with me and constantly selling most of it. I am too afraid of holding on all my assets in bitcoin

Vasilije69

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Bitcoin can lose some of its value.
But it won't be huge dump, at least i think that. It could fall down to like 1800$, but not more than that.
Also, if that happened, BTC would recover rapidly like it did in 2013.
So, no reason to be worried.

TitanGEL

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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.

Of course no. Bitcoin will never again lose it's value. I can see that the bitcoin have a good progress and I predict that next 5 years the value of the bitcoin will goes $5000 and above. So I can the bitcoin wouldn't lose its value.

HAARP

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Quote from: Caladonian on July 26, 2017, 09:34:33 PM

Quote from: Pleione527 on July 26, 2017, 09:24:03 PM

I don't think so, though bitcoin fluctuates from time to time it doesn't mean that it could possibly loose it's value since many and many are using bitcoin, maybe just a sort of adjustment depending on the happenings in it's market. Currently bitcoin start to decrease again but like what happen last week after a tremendous dropping bitcoin rise and give a good outcome. I do believe by next year it's value will reach to $3000 and will continue to remain stable in the market.

good point fluctuations is the reason why more and more investors and traders still supporting this investment and i'm positive that bitcoin will just continued being supported by many people who will get engaged and learn this system, its not just an investment but also a system that will easy
access to your online transactions.

Correct, bitcoin make price fluctuations so often, it makes up and downs. And once bitcoin make a down, it creates anoter wave to up. This way, the price is increasing very dramatically.

The price sometimes will decline, but at the and it'll be higher than initial conditions, always.

Caladonian

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Quote from: Pleione527 on July 26, 2017, 09:24:03 PM

I don't think so, though bitcoin fluctuates from time to time it doesn't mean that it could possibly loose it's value since many and many are using bitcoin, maybe just a sort of adjustment depending on the happenings in it's market. Currently bitcoin start to decrease again but like what happen last week after a tremendous dropping bitcoin rise and give a good outcome. I do believe by next year it's value will reach to $3000 and will continue to remain stable in the market.

good point fluctuations is the reason why more and more investors and traders still supporting this investment and i'm positive that bitcoin will just continued being supported by many people who will get engaged and learn this system, its not just an investment but also a system that will easy
access to your online transactions.

Pleione527

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I don't think so, though bitcoin fluctuates from time to time it doesn't mean that it could possibly loose it's value since many and many are using bitcoin, maybe just a sort of adjustment depending on the happenings in it's market. Currently bitcoin start to decrease again but like what happen last week after a tremendous dropping bitcoin rise and give a good outcome. I do believe by next year it's value will reach to $3000 and will continue to remain stable in the market.

Bagaji

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I believe is unthinkable to say that bitcoin will lose it's market value to $0 because, the kind of difficulty and so many other challenges bitcoin have gone through and still the market value of Bitcoin kept on increasing, I doubt bitcoin will never lose it's value to $0. Not even close to $500 come to think of $0, it will never.

webdevmastery

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I dont think bitcoin will lose its value. First thing is it was digitaly created, second thing is it also takes an effort to mine. But i think it depends on the people if they will be using it in the future. It also depends on the people that invest's if the coin will lose its value or not. because there's alot of different coins and they have different rates.

mundang

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As in $0 in value? I dont find bitcoin that it will gonna lose its value one day, these thing i kno why bitcoin remains strong, first is demand is high, there are already a lot traders that trade bitcoin, some rich people use bitcoin to hide thier wealth , and lastly bitcoin is anonymous.

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