It will likely be pushed back when a hardfork happens on August 1st. Seems like that will be the case anyway.
Some miners won't go along with the code update and others will. The minority of miners who don't go along will lose out and be stuck mining their shit coin.
Topic: Is it possible for the bitcoin to lose it's value ? - page 90. (Read 35127 times)
All it takes is for a three letters agencies to start assassinate people worldwide if they were using bitcoin especially if they were mining in China and they were called bitmain with a little boy as their boss, I think if that could happen before Aug it would be a great accident 
that way not only price crashes but it will go to the moons beyond our solar system.
Few hours ago I saw price at $2127 but as I was lingering around exchanges I saw some $200/300 increase in price.
Even in the event of a hard fork and splitting the atom (Core) you need to remember something always and forever: the coin with the name of BTC will never lose it's value and do not sell your coins even if they hard forked and became hostile to the network.
that way not only price crashes but it will go to the moons beyond our solar system.Few hours ago I saw price at $2127 but as I was lingering around exchanges I saw some $200/300 increase in price.
Even in the event of a hard fork and splitting the atom (Core) you need to remember something always and forever: the coin with the name of BTC will never lose it's value and do not sell your coins even if they hard forked and became hostile to the network.
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.
No, impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements.
If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.
Rising trend is o bitcoin is a fact, but we won't have continuous growth as some people are expecting. Current dip is good example of that.Corrections will happen, crashes of price caused by FUD, bad news and panic selling will happen.
Don't worry thought, cheaper bitcoin is a linked to better entrance point for new bitcoin investors = growing user base + awareness.
If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.
Yes the rally started a long back and i think people are booking their profits and so is the reason we saw this correction,one more thing is that there is no excess bitcoin as the number of coins are limited and you cannot take that away from bitcoin.The market will be volatile unless we see the next rally. 
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.
No, impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements.
Yes the possibility is always there but not a 100% value loss which is usually temporal as price keeps fluctuating
As long as we continue to have demand value will keep increasing...
As long as we continue to have demand value will keep increasing...
If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.
Yes bitcoin is lose it's value for some time nor for longer the reason is that a lots of money is invested in bitcoin and people accepted bitcoin. It's gain thier valued soon if bitcoin lose value
It was really difficult to understand what you meant here,it took me a minute to understand .Hope you meant that even if there is a correction bitcoin will regain its value because many people have invested in it.A market will growth with ups and downs and expect these kind of movements in bitcoin too.
It is possible that the price of bitcoin for some time will be low, but the fact that he will lose the value of this can not be. Now, on the contrary, the growing popularity of bitcoin and the price will recover very soon.
So than I would like to ask , what can push the bitcoin price a lot higher ? I suppose countries accepting it like local currency will make it's value sky-rocket right ?
Yes, you are correct. We have Japan as a reference for that. Since the formal acceptance of Bitcoin as a mode of payment in Japan, the price of Bitcoin increased dramatically. This is due to the increase in demand for Bitcoin. So by July, Australia will follow the footsteps of Japan and users hope the sky-rocket price hike.
So in conclusion, increasing the demand for Bitcoin will trigger or push Bitcoin's price to soar up. Whatever scenario take place when it causes the increase in demand over the supply then a price hike is to be expected.
Bitcoin is high risk trading so when people decide to invest on bitcoin it means that you're ready for loss.
But the fact is bitcoin's value keep increase over 6-7 years so many people interest on bitcoin potential
But the fact is bitcoin's value keep increase over 6-7 years so many people interest on bitcoin potential
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.
Yes, why not. Value is define by how much people admire a thing which fulfill their utility.
Now suppose some better technology discovered and take place of cryptocurrencies. In this way Bitcoin and other cryptos utility diminish to zero hence its value. So when a commodity losses its value, it is evident that it loose its price and demand.
It can if there is no more electricity, no more computers and internet connection. If people will sell their bitcoins then its price will go down then looses its value. As long as everyone holds their bitcoins it will continue to soar high. Only negative people will think about negative things about bitcoin.
At present bitcoin is backed by quite a large community. So, there are minimal chances of bitcoin becoming worthless. People have faith in bitcoin and bitcoin community is increasing at a steady rate. I would say this is a initial phase of bitcoin with only 0.1% of world population. There is a huge potential market still available and bitcoin will keep on appreciating.
Yes I think there is a big possibility bitcoin will lose its current value like drop down to whatever or how low it could go down but I don't think it'll stay down too for a long time, bitcoin has been progressing over the years so I'm sure it'll raise back up though it will take a couple of years but it'll surely do.
I don't think it will ever drop to nothing ever again, as there will always be people who will buy them when the price starts to drop, since Bitcoin reached this high before.
Bitcoin may still lose its value as more people starts to use it and transaction fees gets insanely high and we stop using Bitcoin as often.
Bitcoin may still lose its value as more people starts to use it and transaction fees gets insanely high and we stop using Bitcoin as often.
It's highly unlikely that bitcoin will lose its value, it can possibly go as low as 2000$ - 1500$ maximum.
No way bitcoin now is in the lowest price of this year,, but it doesn't mean that bitcoin will lose it's value , the meaning of this decreasing value today is the biggest stock holder of bitcoins sell their bitcoin and they will definitely but again so this is the right time to buy bitcoins 
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 one can give you real answer, what guarantees bitcoin to continue rise? Nothing, it will crash in some day and imagine if it will be cents and won't rice, everything can happen. It would be logical.if you ask what will happen in 4 month but in 4 years, no one knows because also there are altcoins with good future, bitcoin's high fees can cause lost of customers while altcoins don't have high fees. Sorry if my post is in the wrong place or it's not relevant.
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