Bitcoin Forum

With constant speculation about the value of bitcoin, China claiming to ban exchanges of bitcoin, and some banks trying to create their own blockchains for their countries, What will happen to bitcoin if this become true? Will it be still used ? will it not be worthy anymore ?

The blockchain-based currencies are the future of economics and I don't think that Bitcoin will drop down so much, but the exchange rate cannot be predicted dues to the high volatility.

I do not think it's possible that Bitcoin's value goes back to its first value, even though the Chinese government is currently heavily blocking in their country. while China is blocking, maybe bitcoin is developing in other countries.

If you're worried because of your thinking of the bitcoins will revert to the previous price in 2010. It will not be the first to think because bitcoins will never reverse the previous price. Yes, there are falling prices that happen and that really affect us. But that will only be temporary and will not last long. You know why? Because it has spread and many people have put big money here.
So the china also did nothing to bury the ICOs. Because the market gradually rises and becomes normal again.

I don't believe that's going to happen. Simply because bitcoin is decentralized and no one can control it. Everything else created by countries or banks will be centralized for sure.
So no worry for bitcoin future.

Unlikely, though you did bring up a valid concern and its worth the possibility of extreme price volatility. The same concept as why a stock can be worthless would apply to bitcoin: when bitcoin has no further use and utility to anyone, and hence no value. I dont see that happening in the foreseeable future, through I do hope for the sake of the ecosystem that a crypto will progress and perhaps one day bitcoin will be obsolete. The good thing is that by then, most people would have seen the trend coming and it will be a gradual shift of wealth from one crypto to another, rather then a sudden plunge in bitcoin.

Though bitcoin's price is not stable now but it is quite impossible to get back it's price first time value because this currency already stabled. It is more popular and familiar coin. It has great future. So don't be panic for it.

Exactly that was impossible to happen, that bitcoin will be back on its first value. You are illusioning when you think that will happen. Look on the value of it to its value before and you can see that it was to far from each other. Even though china is blocking it that doesnt mean that it will return to its first value. China is just one country there are so many country in the world and I think they wont let that happen.

There will be always some people looking for decentralized currency/solution, your privacy has more value than all the fancy tech.
It's like Microsoft VS GNU/Linux, you will always find people prefering the freedom of choice and so using product supporting the freedom ideology. The real people involved in Bitcoin will never care about a blockchain created by banks or others.

Period, how many times we saw the same scenario. Will the BTC disappear , will segwit crash the BTC etc etc. NO btc everytime is coming back stronger, because no government or company can shunting it down!

 As of now, we see bitcoin as a continuously growing currency. such ban from a specific country, if it is real, will not affect the whole community. given that even bitcoin start from nothing from the day that it is created, we can still see and somehow predict that bitcoin may fluctuate but will stop.

There is high volatility surrounding all the cryptocoins, but with blockchain startups like Tenex, Alloy (https://alloy.rewards.network), Centra etc. coming up with Cards & technologies that bridge the gap between crypto & the real world - I believe the rates wont drop anytime soon.

Disclaimer: I represent ALLOY (https://alloy.rewards.network) - ALLOY bridges the gap between Virtual currencies (Reward points, Game points & Crypto-currencies) and the Real world rewards by letting you convert all virtual points to Fiat cash and exiting out.

It is imposible

1. Speculations are not new.

2. If China bans Bitcoin exchanges, then yes there will be an impact on the market and might be huge too. But market will ultimately recover. We have seen Mt. Gox period as well. I am sure dump wouldn't be that huge.

3. Next, banks creating their own cryptocurrencies. This will rather strengthen the Bitcoin market. As banks will try to popularise their currency, people will become aware of other cryptocurrencies as well where Bitcoin will gain the most attention. Everyone like to invest in the best currency.

They are not blocking bitcoin, they are blocking unregulated money flow if they will manage to curb its trading and legalize it somehow the problem will be gone.
I know this is not something that can really be done but to some extent it can be done - via regulating bitcoin related services.
When there will be no place to exchange Bitcoin to fiat other than using government approved exchanges then most official issues linked to Bitcoin legality will be gone.

I think a better question would be "when is bitcoin coin to reach 100,000 usd value" ;D
Even if not, somewhere close there I believe... I am trying to earn and hold at least 10btc by that time so I get a quick retirement :D

It doesn't really matter what countries try to do really... there are lots of altcoins if you noticed. They also are sometimes backep as good a country would back it's own made coin. But I don't see any one of them competing with bitcoin? At least not yet...

Bitcoin is the face of blockchain,even if some bank make their own blockchain,the popularity of bitcoin will not drop because its decentralized and the biggest cryptocurrency out there,so i think bitcoin will not get back to the first time value

The CHINA ban is just FUD, so ignore that. People spread these rumours to manipulate the price and to cause panic. When

the price drops, they buy coins at cheap price. On banks creating their own Blockchains, you should know that there are a

big difference between a PUBIC Blockchain like Bitcoin and these permissioned PRIVATE Blockchains that are being created

by banks. These Blockchains are centralized and based on a failed model. {Fiat}  ;)

This is unreasonable. Why should bitcoin be divided into a bunch of small cryptocurrencies?

When it valued some cents  ;). That's something that I didn't thought, because of the centralization and decentralization. If bitcoin became illegal, than I don't think many will continue using it, unless they use it for some illegal activities. And that could happen, maybe not in the next 40 years, but after that, when bitcoin is more mature, it is a posibility of it becoming illegal.



Unless bitcoin gets illegal and people start chasing bitcoin owners like they are terrorists.  Hopefully it will become more like the microsoft vs Linux comparison.

Ah.....Bitcoin 's initial value, would love to see that happen as an investor because you will buy a lot of bitcoin and wait for a few years for the price to increase and then sell for a profit or maybe even wait further more for a few more years and then sell for a big profit and maybe invest back in bitcoin or anything else which would give me a good profit. The cycle will just go on and on. 

With the price of bitcoin, I don't think they can destroy the use of bitcoin. The reputation of bitcoin is far from being defeated by a newer currency for example are some altcoins that are too far from the height of bitcoin. The world of blockchain is led by bitcoin, it cannot be easily removed from where it is standing.

There is no bad effect at all so do not worry about that. Banks are centralized and if they make their own cryptocurrencies and blockchains, there will be not many people using it unless you do not have knowledge about the blockchain. Ordinary citizens might use it because the government will force them. And, bitcoin will still grow and nothing can stop it

I think crypto is the future, as the world spirals to further uncertainties and cock ups, more and more will be attracted to decentralisation ... Just need awareness to keep growing

hello  :D
the bitcoin is not yet stable and there could be another large correction wave
one of its major causes and the Segwitx2.

War of statements between the whales returned >:(

Where the 2 Segwayet support was announced by f2pool
It is one of the largest Chinese minerals
For information this update on Bitcoin is very modern
It was approved in May and today the statements began to stop him
This can affect the price of the bitcoin push the people to metabolize cash or etherium
Circulate cautiously
Not a call for sale but caution is required.
for more info, I see invites to visit this link
https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/?fref=gc&dti=964425053606643
cordialy

i also think that it is not pissible, because a lot of billions invested in  bitcoin mining, activity, and business, and all of us are familiar with bitcoin code and algoritm.

The question of whether bitcoin will get back to its first time value? Is out of the place because I don't believe such a thing will ever happen even if China and any other country should ban the use of bitcoin in their countries. Bitcoin value maybe negatively affected but not to the level of declining to its original market value.

You're right.Even if some countries are going to banned bitcoin from using it,i'm still very positive that bitcoin will still increase its value and not by going back to its original value.I'd say its very impossible because bitcoin at the present is much more advanced compared to bitcoin in the early times.And also lot of people are already recognizing it already.

Yes it is true, and more and more developers are constantly innovating to fix bitcoin so it's impossible for bitcoin back to it's first time value. bitcoin is the future and expectation of the world financial system, so I'm sure bitcoin value will continue to increase.

Bitcoin wont die if china ban and other bank or country creates their own blockchanin because bitcoin is not controlled by any one and this all are controlled by developers so it is same like fiat currency.

Bitcoin's first time value was less than one cent... not sure you gave consideration to this question.. do you really think it will get there... ever... it can't even drop below 4k for long

China did an effect but that's crazy and exaggerated to say that it will be back at it's first value or zero value after it's created. And even those banks will make their own blockchain, still they will rely to bitcoin believe me. People loved crypto especially bitcoin and those FUDs about the ban are clear now, China's ban is just temporary.

Its a hell no i think,look at how bitcoin grow from the start up to now,it ride a long way up to get to this mark,and i dont think holders will let that happen if they will not benefit into it

Of course these are all part of the show and many are trap with these BS and they sell their bitcoin in a non profitable price. China wants to manipulate us as well as creating their own exchange. The ICO banning is for temporary only, when they already bought their specific target of low price bitcoin they'll remove the ban and make some hypes to pump the price of bitcoin. So wise of them.

No that won't happen. Although if it drops down to the same price as it was when it first started a lot of people will buy bitcoin however there are also people that may think if bitcoin is still a good investment. In reality it will not drop down to the same price but due to high volatility it may drop 1k usd then rise back up again.

i think for what's going on in china not bring some big impact on bitcoin, coz its price already became stable again, right? and bitcoin is still developing in many country too. It price would still goes up  :)

I think it will not affect bitcoin price or will not drop very much by that. And ibitcoin value will not  go back to its first time value just because the China ban the exchanges of bitcoin. And many other countries well legalize and will not ban it. Even though the price of value fluctuates and drop down but it will not drop up to the first value. And also because of the demand in the market they will not let it happen

Nope, I really don't think so. Because bitcoin has proven itself all over the years that it can withstand any adversities and overcome them while being better afterwards. And I sure am going to choose to put my money on something that has more experience. And I don't think anyone in the right state of mind would do otherwise. But then again, nothing is sure when it comes to cryptos, so we'll just have to wait and see.

I dont think that Bitcoin go down to the level of its first value because it is already established and though China  ban the exchanges in their country Crypto world will not stop to be visible because China is not the only country who patronize Bitcoin it is used all over the world.

That's possible, but not probable. I mean, yes, bitcoin might drop to it's lowest in last 3 years, but the chance is not that high. Bitcoin had already a strong foundation when it comes to its marketability. A lot of people are using bitcoins around the world, and its circulating almost every second. It's not really probable that bitcoin will go back to its initial value ($0.08, really?). That's too far from reality.

I think NO, its first value is about $1200 and that was very low compared to the price now. The current price of bitcoin was doubled and there is a big possibility to triple its price. It will never be back again to its first value because it is also more popular to people.

It's possible but highly unlikely because there are many people who believe bitcoin's value will still rise even if there are hindrances along the way because we observe it in the past. Bitcoin's value always drop drastically in the past but eventually recovers and its not that popular yet. How much more nowadays when some stores are already using it, governments regulating it and make it as payment option for taxes then it would be hard to imagine its value drop down very low or become worthless.

There are other digital currencies as an option but then bitcoin is the most popular, highly used and has the biggest market cap in all digital currencies and there are altcoins to whom developers claim to supersede bitcoin but it did not happen yet. As long as we continue to use and support bitcoin then it would not be worthless.

With some 10 million individuals using Bitcoins, there is a limit up to which the prices can fall. IMO, even in a catastrophic scenario, the prices can't fall by more than 50%. I am saying this because I know that strong demand exists even now among the institutional and non-institutional buyers for Bitcoin. And they will use each and every dip as an opportunity to accumulate Bitcoins.

I think that BTC will drop low relative to the current all time high at the time, but not to the level as when it started, which was a few cents or even a few dollars. That would crumble the BTC market cap and cryptocurrency market cap. It would also just be way too easy for people to buy in and I doubt that would happen. I think that it will go up way high, and then drop to lows that are still relatively high.

Bitcoin is no more dependent on china as earlier when chinese dominated the bitcoin trading and bitcoin mining together.They manipulated price as they wished.But now things have changed totally upside down.Bitcoin is getting legalized in many countries and mass adoption is taking place all over the world.more people all over the world are getting awareness about bitcoin.They all have found bitcoin to be a huge return giving investment.Bitcoin has investor base now globally.So,chinese ban would only have a very small effect on bitcoin price.Thats why we saw bitcoin price falling to $4000  after china banning ICOs immediately recovered due to strong  buy wall and now its $4228.

In your dreams... In the first days Bitcoin was worthless. Also, several factors make it impossible for Bitcoin to go back to those values, one of them is that there is a high cost to produce a single Bitcoin.

I think it will not drop down to its first time value , andDthat would be so surprising. Bitcoin as of the moment is still on its growth , a lot of country could be not into this industry but majority are leaning in to this business already. A lot of country is legalizing and cultivating this industry. Plenty of potential ahead. I say bitcoin doesnt even reach its peak yet. And with the drop down concern or issue or drop down to its first time value i think the chances are very low. And if it will , well better if they could have a reasonable explanation.

Why are we constantly afraid of Chinese policy? The fact says that China is the largest bitcoin user, but the fact also says that bitcoin is created not only for China.
If China blocks bitcoin, people in other countries will still use it, the price will drop it for sure. But remember, there are only 21 million bitcoins in the world, and that would be a rarity (if you understand what I mean) ;)

I dont think it will happen. Bitcoin is very established right now and we all know that our future require a technology like bitcoin and definitely bitcoin is the most potential currency that canw be used. If you are doubting because of china blocking the ICO, well the deflation of bitcoin value is happening but definitely it does not last even for a month or a week.

It's hard to tell. Comparing the maeket value of Bitcoin from now and then, its current market value is way far than its market value before. China banning ICOs will surely affect Bitcoin negatively. We should expect for backdrops and downfalls on its market price. But it is quite impossible for its price to be back on its value 4 years from now because Bitcoin still has a large community that makes it still indemand which highly affects its market value to not decrease too much.

It will not happen anymore due to an increasing demand of bitcoin. It is more popular in different countries than before.

Even though banks make their own blockchain they can not even overturn the bitcoins this is the truth. Because of the bitcoins they still depend on, Bitcoins are being used all over the world and that only applies here is a bank that covers only one country even though people can donate here not to lose the volume of their money. because the whole world has put money into Bitcoins. So it is also very impossible that bitcoins are deprived and can not be used.

It's really impossible as of this moment wherein its market value is way far from its price before. And since the market value of Bitcoin increased of course its coummunity also grew. And we all know that its community is responsible for the demand that Bitcoin is having. So even if China banned Bitcoin, there's still a large community that will demand for it so its price won't fall really hard. I hope you get my point.

If China prohibits bitcoin, this will negatively affect the price. We can not neglect such a big country. There are many users.
I would not want this to happen.

Everything is possible but I think in this case the possibility that bitcoin will go back to its original value is very2x little.
As you can see there are many investors that adopted bitcoin already, thought the value is volatile but it doesn't mean that it will revert to its original value even China is trying to create its own blockchain.

I think that was too impossible to happen. When you look on its value now that was too far. And to be clear china doesn't banned bitcoin. There are still many country who control and I think they wont let that happen. Bitcoin was now getting better and I think it will continue. As far as I see its price was continue increasing even there are some issues like this.

if this is become true, then we can choose what will the best for us but i think, people will still choose bitcoin as they know that bitcoin now become famous and the price is tempting them to make profit. bitcoin will still be used by many people especially if bitcoin is spreading in many places and bitcoin itself is using as payment gateways for local store or online store.

they can speculate all their want, it has no effect on reality!
for example if I have some bitcoin balance and you guess it 1000 times it won't change how much I have!

this can temporarily cause some drop but most of that drop has already happened so it won't be much anymore. as they say "it is already priced in".

they can create all they want, but in the end it will be a centralized thing just like fiat and it will never have any effects on bitcoin and its usage or its price

if you think some random news about a "service" (exchanges) is going to affect bitcoin's usage or its price then you haven't really understood what bitcoin is.

Of course not. Because bitcoin is the mother of all coins in cryptoworld. Although the price frequently fluctuate, it is impossible to turn it into it's first time value. Many country are being involve today in crypto currency. That's the reason it would never be dump to its original value.

What do you mean first value of bitcoin you mean less then a dollar and that should be big joke no way it will even hit 100$ if it hits I will be the first person to grab all coins . Don't be panic once 21 million coins mined then you see the Magic.

The ban in china obviously made some impact in the total crypto market. But it was a short term impact. we have to wait for some time to see if it creates any huge impact or not. But getting back to the first time value is almost impossible I think.

Probably agree thats too far if tbtc will go back to its first value so that is not be possible fall down yes but back to the first thats not.

I'm imagining some countries with their own cryptocurrencies, are they decentralized like bitcoin or not? do you think it's the decisions of governments that is giving bitcoin it's current value, I don't and I think the main factor for the price is the mining difficulty. if you could cause the mining difficulty to drop then you will cause the price to drop as well.

i think that is what he mean on back to its first time value
but we all know that it wouldnt happen since bitcoin become useful to anyone in any part of the world. we all know that as long as people use bitcoin it becomes more valuable.

I think even though the bitcoin is decreasing in terms of its value i dont see any side that it will back to its real state, because bitcoin is very eligable today thats why it cannot be stopped even the price is decreasing it still increase what ever they do. As Bill Gates said that bitcion is unstoppable.

I don't think that bitcoin's price will drop that low. Yes the price had been on a slump for a while due to the news regarding China banning ICOs but that's not gonna be enough not even close to make bitcoin drop to its original value. Bitcoin's price will still increase and there is still a whole lot more to come for bitcoin.

The movement of BANK in the world of Crypto is very influential on Bitcoin price increase. Good news will keep Bitcoin prices up. Likewise Altcoin will go up the price if you get good news. And the Chinese problem is just waiting time.

First time value? I remember the time when bitcoin reached parity with the U.S. dollar and it was considered expensive. In 2010 it was less than 1 cent. There is no way bitcoin can fall that low unless something truly extraordinary happens (and it would make all cryptocurrencies essentially useless). Volatility is decreasing and I doubt we'll see an order of magnitude drop in the future, as was in 2011. $3000-3500? Maybe. $1000? Unlikely.

I think that's not gonna happen because bitcoin value now is getting bigger everyday and even more bigger even single bitcoin I can't afford to buy!

I agree to you it is possible to fall down so much the value of bitcoin 90% but i hope won't happen becuase many bitcoin users will dissapoint i think many people left by using this if the bitcoin get back to its first value.

It will not goes that low, btc maybe falling now but itstill remains on itsbracket not falling too much. When itseems too fall a far from its risen amount it recovers already. I don't we will see byc below $4000 or $3000 again.

Maybe. If we have a new coin can replace bitcoin. All people dont use bitcoin anymore. But it's almost impossible. Because bitcoin is not bubble.

I don't see that bitcoin willturn to its lower price again, now that bitcoin's success is so good. Started from the bottom now we're here. Started from .20 usd per bitcoin, now it is 5000 usd per bitcoin. See the growth? Cool right?

That's quite impossible. Try to compare its market value from now and then, it is way far from its price before and as its price is increasing through the years that have passed, its community became larger. And with that  its community will be the reason why it won't decrease too much because they will provide the market demand. Since the market value of Bitcoin is dependent with its demand, as its demand is rising its market value will also be. So it is impossible in my opinion.

I don't think that's possible. Even if China bans crypto currencies, create whatever they want to create there are still other countries where Bitcoin or cryptocurrencies are legally accepted. I am not updated with how and what's happening on China regarding crypto but some of it are probably made for FUD to manipulate the crypto market.

I do not think Bitcoin can be found at its previous price again. It is very common by getting up and down the price of Bitcoin.
Here I'm not seeing anything unusual.
To replace Bitcoin there is need strong Alt coin. But still there are no Alt coin in market who is the equivalent of Bitcoin.

As of now the price of bitcoin is very high. If you compared the price before and now its very big difference. Even china now ban bitcoin in their country yes we say the price decreased but it only a luttle. And for sure it will increased again after few days or maybe weeks to recover again. Worthy if you ahev bitcoin in your wallet because they have possible that you earn a lot of profit.

It depends on what will happen in the next few months or years maybe the price will go down but not like when its first release by nakamoto and i think going back to zero is not happening right now, because it is popular and many people earn profit from it,but there are lot of coins out there if bitcoin will go down maybe there will be a new one.

That's true, and an interesting point of view ! The 3rd one specially, because it will indeed increase people knowledge in blockchain, and in bitcoin, because it was the first one implemented and it is decentralized, a big point in these days high involved banks with our money.

Decentralization is good, but apply it to realitty does not easy like your thought. Banks have said they understand the benefit after use blockchain technology to their system, but you have to remember, they need have time for develop and testing before apply to using.

The price of bitcoin continues to fall and may be this will reach lower than the current price depending on the ongoing issues with the Chinese market. Banks are with plans of adopting bitcoin in the past, but things went opposite of the plans when the banking sector got affected large scale through bitcoin. This seems to be the ongoing issue in China.

Very simple, do you think a market have billion dollars like Bitcoin will be zero after all? No, it never happens, you do not need to worry about a future cannot hapens. Of course, it not is bad idea, you can take advantage it like a notice for remind you always rememer the risk of this market.

But its not going to effecting too much that we touch again zero value now this is Billion $ market and its have some bad times in past already but never go down too much same happening this time few countries like Japan and Philippine already adopting this and few from Western Europe doing research and analysis this can bring good change in near future

Bitcoin was always very volatile, but it is very unlikely that the price will go back to its first time value, because the degree of recognition is nowadays unlike higher than it was at its beginning.

I do not see how banks trying to create their own blockchains for their countries is related to Bitcoin, because it is very doubtful that their systems will be also decentralized and everyone can benefit of it.

Agree! I don't see bitcoin going down on its first price years ago traders and big investors will not allow that to happen and if that will happen all crypto will get affected. I think the bear that we see now is just because of FUD after this bitcoin will go back and so the altcoins.

I think it cannot go back to its first value because of the fact that it just cant even if it goes below 100 it will still not go back to its original price and that is why it will stay high and high and you just need to believe in it.

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

The fact is that the split that occurred in August 1 did not give a negative affect on the price of Bitcoin. A month later, or even more, the excitement on the stock exchange began on another occasion. But if you already give one more plug, then how it will affect pricing is very difficult to say, especially judging by the situations that today exist in the Bitcoin world.

Bitcoin become more powerful again and for sure it will increase again more than 5k dollars because as of now the price is 4k dollars . Many people buy bitcoin so bitcoin price is not worthless or no value. Bitcoin price is very worthy because if you have bitcoin you can earn a lot of profit. Dont worry if china ban exchanges of bitcoin because even without their help we are here to support bitcoin.

Yes in my opinion also will never experience bitcoin value back to the beginning. But we do not know what the future of bitcoin will be. because no one can predict when bitcoin goes up and down. Indeed on August 1, yesterday bitcoin rose and began to rise, but lately bitcoin continues to decline. so anything can happen if it's time.

generally occurring During August 1, not an indicator, because in some cases Bitcoin even strengthened its performance and grew in price by more than 800 dollars. Although all the predictions about the plugs were negative. Today, the excitement from the Chinese government and is still expected in one thought, so you do not need to predict anything.

If like your said, you think we have passed the situation Bitcoin drop down below $1,000 and do not need to care the price of Bitcoin in future, right? But there is have not asset can keeps the value always high, it needs to falls down and correction every time.

True Bitcoin is as it is what you've mentioned, but it is very soon to say that it will have its big fall since Bitcoin itself is still very young and also new to the public so it will have its time of reign. But still its not an easy thing to say since Bitcoin has very great results in just a short period of time. But I'm sure that we might not see that day, I mean it will eventually happen but not in this time period that we are currently in.

china is only politicizing popularity of bitcoin and cann't ignore for the long term. It will never happen if bitcoin will return to the previous value because conditions are different. Now just about equalization not an introduction as first appeared.

It definitely is a political decision by China to shut down Bitcoin exchanges. As we have seen now, almost half the losses from the previous all time high have been erased. We are now seeing Bitcoin inching up even higher, but I think we are restrained by uncertainty regarding the November fork.

Bitcoin has been volatile since and it is hard to say to back its first time value. As this is becoming more demand and users. The more users the higher its demand and I can see it will continue to increase the value.

The volatility is good for us especially for traders. If it becomes stable in terms of price, we can't make Money from bitcoin and alt coin trades.

I don't think bitcoin dill divert to its first time value never.

We know that never thought of everybody's that the bitcoin is down permanently and return to the previous value. Because bitcoin know is the most famous concurrency around the world, and millions of people invest in bitcoin. And many profitable earn here. There is a nation that bans bitcoin, but there are also countries that are new to bitcoin and legalize. So impossible to return to the previous value because bitcoin so far has been increasing and increasing the value.

Bitcoin will never return to the price when first appears. I think, bitcoin would be even more popular even though China blocked it. Bitcoin worldwide, and bigger than China's influence.

it will not go back on its original price,it may decrease but not in the extent that it will dump that much. User's added every now and then, and more gets attracted on it.

It will the same bitcoin in china will remain bitcoin and the price will be more or it will be doubled the price there however if this speculation became true then the price at the moment will be doubled too or triplle we do not know the exact prediction for this it is totally worth it for sure we can be granted for that.

Of course that future never happens, unless Bitcoin will be die in someday, but almost investors do not hope that future become the truth. But the price of Bitcoin can dump to below $1,000 or higher than this price, it is my opinion.

Bitcoin has come to stay, because it is covering a real need that did not exist. Over the years there may be new threats and continuous technological developments that may make the current developments that have given rise to the development of the blockchain pale, but while that happens we can be sure that bitcoin still has a large space for development and will be valid for many years. I believe that even when the bitcoin market matures and stabilizes to not grow further, its price will be high enough to think that a return to prices below $ 1,000 will be possible.

No, never. It's a developing currency and even with such bad news from China the price only adjusted a bit. No way it will go so low again.

There was a time when bitcoins were even offered by others free of cost and once it was available for even 12 dollars. If someone will says that bitcoin will reduce to that much amount, honestly tell, will not people laugh at him? Bitcoins can never ever decrease to that value again.

I'm sure this is not going to happen.
Unlike the US dollar, the Bitcoin supply is really limited. (a good percentage of it is already lost, because of people who lost their coins, especially those who did not see value in it in the early days)
With such a limited supply, a few rich guys would not have much problem buying every coin at extremely low prices.

if we consider how Bitcoin bought another record of about $ 5,000 by its price, I very much hope that he will return this price and by the end of the year we will see another record. According to big forecasts, it was already said that 2017 could end up $ 7,000 for Bitcoin.

If you are talking about 1000USD then you are right because it will goes around 5000USD in the end of year so i will say that we should stay positive about bitcoin and ignore false news.

Like $200? That is very ridiculous. You must be imagining the possibility where bitcoin would die and how much its price would fall in the very worst way. The only way to go for btc is up and many tough issues surfacing bitcoin has  already happened in the past.

I am confident and believe if bitcoin will return with the first value from the fall that is $4900 in the beginning of september, and this is also the price of the bitcoin almost reach $5000. from some of these days the price value of bitcoin still in last. maybe this has become uncommon in the bitcoin, I strongly believe the value of bitcoin will continuously increased up to give happiness to the users of the bitcoin

This could turn out to be true only if there are more pre-dominant countries who hold good % of the trades starts to legalize or accepts the btc. If other countries does not follow the China and go the Japan way then yes we can have a good future else it would be difficult to see bitcoin going to far in the price.

I haven't yet thought it at all that the value of bitcoin will return at the first time. I think it seems unlikely that bitcoin will really returns to the first its value, certainly although in one a country such as denying the presence of bitcoin will be a lot of defense or support from another countries that can continue to support the present of bitcoin or using of bitcoin.

Yes that true i am full agree with you even its keep crashing sometimes beacuse of some reason it will never be back to its firts value. It will rise again because there's a lot of crypto community that using this currency even china banned some ico .for me the reason why bitcoin suddenly fall because they give us a chance to buy a cheap price and sell to high price. Thats why bitcoin always volatile.  It is just my opinion  and this prediction will never be granted ..i hope.

Even if it goes low, it does not mean it won't rise back up again. We cannot predict its volatility, that is one thing for sure but we know at this stage, it has so much prospect and it is having a great impact that it is impossible for us not to experience a huge growth soon with or without China.

I do not think the November fork will really have so much huge effect on the value of bitcoin and will just occur, with the community moving on normally just as the August fork. Usually, with the FUD that surrounded the August fork, one would have thought it to be the one to have a major effect, which to the surprise of everyone, it only brought about another quick huge pump. However, for bitcoin to get back to that extremely lower value, it is very close to impossible at this stage.

Who ever is waiting for the value of bitcoin to return to where it was back then in 2010 will wait in vain because despite the recent ban of bitcoin exchange activities by Chinese government, bitcoin value remain stronger than ever before which shows that it's value will never return to what it was in the past.

Bitcoin may never fell back to it original value again and of a truth we may never get back to were we are this time last year again. China banning of exchangers activities can not bring bitcoin down and bankers are afraid of blockchain technology because they know it is  going to take their Job from them. Bitcoin has performed very well since the FUD created by the Chinese government that bitcoin will be banned in China.

Obviously, volatility has always been every pro traders desire as it is like a free rain of cash if you know how to play it right. Although this may seem to some people as a challenge probably to those who just admire panicking for nothing, but it is usually more of a blessing in disguise.

Even if the price gets stable, we can still make money but may not necessarily be as huge as we are making presently, except for the fact that the volatility by then will be lower compared to what we have now, but I do not think of this as a problem cause we are not even close to that level yet.

China did not block bitcoin and neither did they ban bitcoin. The only thing they did was shutting down exchange for now which apparently makes it difficult for anyone to exchange what they have into fiat. But there is no law or policy stating bitcoin as illegal or other activities surrounding bitcoin as illegal, otherwise, miners in China would have been soaked in their tears by now.

Very much doubt it. I don't we'll see those low levels now people have seen it at this high. Bitcoin has had more publicity that ever since it's hit these highs

Bitcoin being going back to starting value is quite impractical at the moment, the demand is rising and though you might hear speculation from various countries for banning it, they will most probably regulate it. And it will bring more users adn gradually the price will increase.
If Bitcoin is totally removed from our world, then only its possible to see the starting value of BTC, which is for sure way too impractical.

Actually, I am rather glad that Chinese officials have pulled the plug on ICOs. I don't like them and I find ICO market highly speculative and harmful for crypto based economy.
I am indifferent to bitcoin<->yuan ban because this is a hindrance of some sort for bitcoin users in China, but at the same time, I don't think that it will prevent people from cashing their coins.
Chinese P2P trading is strong and most traders moved to it after previous trade-withdraw blockade anyway.

   
   China is not all world, it is just one country. They can create laws and some laws will be broken,
it is not first nor the last time, people of the China will find a way. China did not block bitcoin as
El Kaka22 is saying, not just him, I read news and other people comments, now situation is more
clear, we know what happened. Yes there are some new laws about ICO`s too, I understand that
that laws are about companies that plan to make ICO for financing their projects, that is banned,
they will need to go classical way and ask money from banks.
   We agree that bitcoin will not drop so low as it was in the beginning. Now with all this popularity
bitcoin will grow more, demand will go up as supply goes down and we can expect price to rise
for years, who knows when will it stop to rise and settle on some mark.

Nothing can be told because just like China if Japan and south korea also ban the ICO investing and creating regulation for bitcoin exchange then we can see bitcoin price going down and this time it can even go below $1000 price also. As panic sales will start in the market

Bitcoin getting back to it's first time value, which means below 1 usd, is highly unlikely, since Bitcoin right now has a lot of users, back then there was a surplus of Bitcoin and only few users, that is the reason why it was valued that low, and because it also follows the law of supply and demand, only a few years, when there were a lot of Bitcoin enthusiast, bitcoin's value began to increase more, and now that Bitcoin has already established itself and gain more stregnth, it is unlikely for it to go back to it's first value. We should not let any negativity affect us and the way use Bitcoin, though there are some setbacks, like the recent dip in value, Bitcoin is still showing great potential and soon be reaching a new high, let's not try to create panic, that Bitcoin will be devalued.

Forget about the banks and government that are trying to create their own coins or separate blockchain - they'll try to centralized their own and very few people will agree with. And Bitcoin will stay as original as it is fully decentralized and acceptable worldwide.

It will be impossible at the current state, because as we can see the price of Bitcoin have gone up and many investors have its interest in it. So it is obvious that it will go to where it's first time value is.

But if this would ever happen then a lot investors too will buy a lot of bitcoin and will have to try and hold them, to wait for the right time to sell them in a very good price and have a lot of profit.

Never. I think bitcoin still strong whatever bad news come, as long as people have faith bitcoin still a solid currency/asset.

Bitcoin is adopted around the World by merchants, exchanges, etc. etc.
How you are going to see crash to 1 cent price in such global adoption?
If Bitcoin start going too low, supporters and speculators are starting to buy.
Every BTC price panic ends up at higher level than previous panic.
It's sign people are getting educated and do not want to sell their BTC holdings too low.
Even China law turmoils didn't helped.

Your question has to be answered. bitcoin come back, as of now the price of bitcoin is very high. I believe the value of bitcoin will continuously increased up to give happiness to the users of the bitcoin. Let's wait for good things to come with bitcoin

Currently Bitcoin has more enemies then friends but still spreading around the world very positively countries like China and Russia creating rumors but still its price going high its mean now no one can stop this bitcoin and its going to touch new ways which could be very helpful for devs and investors now I don't think its price going back as its first time value 

I think it has zero percent chances that bitcoin prices would go to the initial prices once it had at the start. Bitcoin has  already come a long way to 5000 dollars and I don't see it going back to a dollar or so.