Is it possible for the bitcoin to lose it's value ?

[chip211]

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 do not think it could collapse in 5-6 years as it has potential for at least another 10 years. But surely it will collapse in the future.

[1715419666]

1715419666

[dameh2100]

For me, I do not think so because bitcoin value has stronger value and a lot of people and country adopted it gradually and  it will continuous giving more profit to all of us,and I am hoping that bitcoin will continue its growth and not disappear because it is a big help for me and for others who need additional income.

[BitcoinCommodor]

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 have won the trust of investors and at present many investors of real estate and gold are switching to bitcoin. Pumps and dumps are the inevitable parts of the bitcoin’ journey towards success, so we should not get panic.

Right now we cannot say anything about it right now. But in future it might be possible that bit coin could lose its value may a better crypto currency introduced in the market. So yes it is possible that bit coin can lose its value in future.

In present time its best currency for trade and making a lot of profit for all the people in all over the world and this is the reason why people are crazy after it and investing too much.

[goldcoinminer]

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 have won the trust of investors and at present many investors of real estate and gold are switching to bitcoin. Pumps and dumps are the inevitable parts of the bitcoin’ journey towards success, so we should not get panic.

Right now we cannot say anything about it right now. But in future it might be possible that bit coin could lose its value may a better crypto currency introduced in the market. So yes it is possible that bit coin can lose its value in future.

In present time its best currency for trade and making a lot of profit for all the people in all over the world and this is the reason why people are crazy after it and investing too much.

That is just the possibility that's why we are still investing now for the future, if the value will loss then that means we loss on our investment as well.
We do not have to believe it will happen, let's continue to be optimistic that bitcoin will bring fortune to our life.

[Mr.John19]

So impossible that bitcoin lose its value, Every day the demand of the bitcoin is continuous increasing.  Higher demand the result of the value is increasing.  If no want to invest in the bitcoin, the result might drop the value but don’t lose it.

[mware]

that it is possible, If demand will fall and supply is more. Bitcoin's market value is only dependent on its market demand and not backed by any other assets

[rog1121]

The upbeat attitude of bitcoin holders now is better and more mature than was few years ago. So, bitcoin becomes hard to lose value or atleast crashes as once did (hopefully).

I do not know I was not around in those years but there seems to be a lot more speculators and people that want to obtain fast profits and those people are always the first to let go of their bitcoin when it seems the price is going to go down, so I do not know if your statement is true.

It is possible that Bitcoin may lose its value to some extant but it cannot happen that bitcoin remain valueless. The rising and down is part of business and currencies But here Bitcoin get a high position in world trade and fund transfer so this is not easy that bitcoin lose its value.

[Natsuu]

that it is possible, If demand will fall and supply is more. Bitcoin's market value is only dependent on its market demand and not backed by any other assets

Thats why bitcoin is not stable it makes people become more and more interested to bitcoin the traders and investors are become more and more aggressive to bitcoin because of it's high potential in making money. It is possible that bitcoin may lose its value if people lose interest to it but i think it is not gonna happen.

[ezekhiele]

NO! as long as people patrionizing Bitcoin most especially traders, investors and miner using it, it will not lose it's value. Bitcoin nowadays are became popular because of its demand. Lots of people trust their money in bitcoin because Bitcoin reveals its own success.

[jpoker272727]

Of course, the price of bitcoin can fall down. For now, there's nothing indicates. It would be hard for all if the value of a bitcoin lost.

Bitcoin is just like other crypto currencies where the prices keep fluctuating. The prices increase and decrease but the thing is that the decrease in the value of bitcoin is not much. It decrease in value but not much and the dumps of bitcoin are also treated as golden periods where people can buy this mighty coin at cheap rates and sell it off at high prices when there is great increase in values. The decreases are not of high value.

[MMA]

The upbeat attitude of bitcoin holders now is better and more mature than was few years ago. So, bitcoin becomes hard to lose value or atleast crashes as once did (hopefully).

I do not know I was not around in those years but there seems to be a lot more speculators and people that want to obtain fast profits and those people are always the first to let go of their bitcoin when it seems the price is going to go down, so I do not know if your statement is true.

It is possible that Bitcoin may lose its value to some extant but it cannot happen that bitcoin remain valueless. The rising and down is part of business and currencies But here Bitcoin get a high position in world trade and fund transfer so this is not easy that bitcoin lose its value.

Although it is possible but still in present time we are not expecting that bitcoin will lose its value. i am sure that bitcoin value will continue increasing for a long long time, because of the increasing interest of the people. As people have already got good profit from bitcoin therefore they are now convincing their friends and family member to invest money in bitcoin. The increasing number of bitcoin users are now really increasing the value of bitcoin. Therefore we do not expect any decrease in the price fo bitcoin in near future.

[acener]

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 all depends to the people, I mean if people will decide to no longer give value to bitcoin, then I guess it will become worthless. Although, this is highly impossible because for as long as people see it as something valuable then it would not work. This is the only way I can think for bitcoin to totally lose it's value.

[Sweeet123]

Yes there are chances of bitcoins losing its value, because even bitcoin follows the demand and supply rule, so if in the near future by any chance due to any adverse external condition the demand for bitcoins drastically reduces, it will automatically reduce the value

[fayrouz]

As far as I know, Bitcoin will not lose it's value especially nowadays that more people who got their profit already in investing small money and then their money grow and invest again. We don't know maybe in the future we are one of the rich people in this world because of Bitcoin.

[Saksham]

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 bad part of bitcoin is that it's value is volatile so yes, it's value may discreese from 15000$ to 1$ that is true but as long as there will be a real need for blockchain and there is electricity resources i don't think that the volatility of Bitcoin can be that spectacular.

[CoolSkeleton]

Yes it is possible. When lot of ppl loosing trust in BTC and get their money back. Remember China? Or it may be some trubbles whith services so ppl will lose their money, so it will make ppl angry

[sheamus10]

I don't think if the next 5-6 years, the bitcoin digital money will decrease let alone to downfall. This scenario will manifest if peoples have not believe with the presence of bitcoin and demand for bitcoin dropped drastic.

[websoftwareengineer]

The only reason for bitcoins to lose its value is that, When most of the old investors is not interested anymore in holding the coin or if there is a new coin that existed and surpass bitcoin. For today we do not need to be worried because the value is keep on increasing.

[huige007]

The upbeat attitude of bitcoin holders now is better and more mature than was few years ago. So, bitcoin becomes hard to lose value or atleast crashes as once did (hopefully).

I do not know I was not around in those years but there seems to be a lot more speculators and people that want to obtain fast profits and those people are always the first to let go of their bitcoin when it seems the price is going to go down, so I do not know if your statement is true.

It is possible that Bitcoin may lose its value to some extant but it cannot happen that bitcoin remain valueless. The rising and down is part of business and currencies But here Bitcoin get a high position in world trade and fund transfer so this is not easy that bitcoin lose its value.

I am not agree with you because you are saying bitcoin will lose the value and it is not possible mate, if we look at the old and present price of bitcoin we will observe a high huge difference then how can we say it will lose the value. For some people who are not having much information related to bitcoin are saying bitcoin has given me lose and I will not use it but I think this is not a new thing that people claimed like this so just don’t trust them.

[mobilestrike]

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.

As for now that bitcoin was already approaching into its highest price peak before the year ends, it is now far to possible that bitcoin will lose its value. I can say that bitcoin can no longer lose its value now that many people has already recognize bitcoin's existence because of what bitcoin has already got right now. With this continuous popularity, bitcoin for me can no longer lose its value compared to the previous scenarios.

The value of Bitcoin can not become worthless in next few years, I can be sure that.
But, if you want to say the value of Bitcoin can not become worthless after 1 century or less than is just 10 years, I can not be sure this future will not become true.

There is only one possibility that bitcoin can lose its value and that is if bitcoin price stay remain on one place because price is very important for bitcoin that’s why people are joining it and some countries make bitcoin legal just because of its price and stability and I think it will never happen because bitcoin don’t compromise for its price because bitcoin want to be on the top of all currencies and I’m sure that bitcoin will go more high in coming time.

Bitcoin is eally the top most popular crypto currency of the world. And in most countries they think about to legalize it. And it is because of its stability in market. And all the investors invest in it without any hesitation because they all know that if anytime it loses its value for a very short time they don’t get panic they just wait with patience and soon Bitcoin achieve its target. And investors enjoy heavy profit with it.