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Chrisjay29
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December 27, 2017, 09:40:57 AM |
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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.
Will its noy posible that bitcoin price lose but as long as many user invest in bitcoin. I dont think the price will lose.Bitcoin price fall its here natural many user eait for it so they can buy and hold.as long as your country didnt not banned bitcoin you will not lose it.. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Wong Goblog
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December 27, 2017, 11:18:13 AM |
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I think it's possible, when bitcoin prices are no more than $ 1 or 9 years ago then everyone assumes that bitcoin is useless, the same thing can happen someday when bitcoin is worthless.
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androidr
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December 27, 2017, 12:58:25 PM |
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There is a lot of such scenarios and it is hard to choose the correct one and predict.The downfall is likely, but you will know when the dump will start. (if the news will be very very bad for crypto or bitcoin).So in short term we could expect that but as you write in the long term perspective bitcoin's value should only growth.
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JacLuck
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December 27, 2017, 01:57:09 PM |
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In my mind this is possible as all thing will lose its value over time, it is a part of the competition we have and need we have in order to grow more and continually
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X7
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December 27, 2017, 02:16:31 PM |
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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.
Unlikely - with the amount of liquidity in the market, unless there is a critical error |
For what shall it profit a man, if he shall gain the world, and lose his own soul?
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grandbrad02
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December 27, 2017, 10:36:31 PM |
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In my mind this is possible as all thing will lose its value over time, it is a part of the competition we have and need we have in order to grow more and continually
Noone can predict about the future, anyone could think that after 5 years , Bitcoin turn into the most valuable currency in this world ? |
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Creating N Action
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December 28, 2017, 08:49:45 PM |
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No, it's possible to go down but never happen to lose its value. Bitcoin value is so volatile that's why we don't have idea about the downfall and grow up of its value. We all know that the value of bitcoin was run into the most valuable currency in the world so that it's better to work in bitcoin from now until to become a valuable currency . we don't have deep reasons to lose its value. Don't be afraid to the volatility of bitcoin because it's natural to their value and also bitcoin value can't be lose.
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Saksham
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December 28, 2017, 09:15:22 PM |
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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 value of Bitcoin it can be manipulated in the market place but it will never become worthless, there is a lot of technology and vision behind it. |
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achikomimi
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December 28, 2017, 09:22:16 PM |
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Yes, it is possible. Bitcoin's price depends on its user. If many people sell their Bitcoin, tendency the price will fall. If people totally do not use Bitcoin and sell all their holdings. Then price will dumps and it will lose its value.
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jossiel
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December 28, 2017, 09:28:37 PM |
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It's possible when majority are starting to panic and sell their bitcoins.
And that's going to make bitcoin to have lesser value when all of us starts to do that at the same time.
But I doubt that it will be continuous as there are too many bitcoin enthusiasts that will make bitcoin increase again by purchasing.
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winteroxalis
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December 28, 2017, 09:38:51 PM |
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Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.
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SummonKing2
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December 28, 2017, 09:46:56 PM |
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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 does not make sense to lose value. but if it happens we will accept it. Bitcoin was supposed to be a currency, where a person can send any amount of Bitcoins to any other person in any part of the world within 10 mins and with lowest possible fees. |
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annicketucufaw
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December 28, 2017, 09:50:18 PM |
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Yes, if people will not honor bitcoin, it will lose its value. There are some factors that affects bitcoin price or value. First is on how can we use it in our daily lives. Is there an easy access to use it. How many people use it? How well known is bitcoin. There are so many factors, you can add some.
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thetractor666
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December 28, 2017, 09:51:03 PM |
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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.
WhaT you mean by losing it's value ? |
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Qartersa
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December 28, 2017, 10:43:24 PM |
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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 does not make sense to lose value. but if it happens we will accept it. Bitcoin was supposed to be a currency, where a person can send any amount of Bitcoins to any other person in any part of the world within 10 mins and with lowest possible fees. To be honest with you, bitcoin can lose its value like anything else. You be surprised that even gold can lose its value. The thing is, anything that is everything is driven by demand. If no one wants whatever it is then it will lose value, even gold. So that also applies to bitcoins. If in the event people losses interest in bitcoins then people will drop it like a hot potato. However, this is far from happening as bitcoins are the future of currency and how we use money. So people are quite interested in it and to drop in price you have to convince a whole multitude of people to be disinterested in bitcoins. |
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im posible
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December 28, 2017, 10:57:11 PM |
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To make bitcoin useless in my opinion is a difficult thing because of the high number of bitcoin users today. But it is not impossible bitcoin will lose users as if a technological disaster that cut off the entire global Internet network. Government prohibitions and non-bivalor additives can also be one of the triggers
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aroweyen
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December 30, 2017, 03:53:50 PM |
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Yes definitely BTC can loose value also as it gains value. Its a volatile market with high risk.
One main reason of loosing value may be increase in the time taken for completeing a transaction. As its taking more time than 10 mins. In some cases upto 2 hours and in some extreme cases, Bitcoin was not even transferred.Also the fees is rising day by day.
All of this is not for which Bitcoin was developed. As a result, if further actions are not taken up by Bitcoin team, Bitcoin may start to loose popularity and it’s value....
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Opekin
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December 30, 2017, 03:59:09 PM |
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To make bitcoin useless in my opinion is a difficult thing because of the high number of bitcoin users today. But it is not impossible bitcoin will lose users as if a technological disaster that cut off the entire global Internet network. Government prohibitions and non-bivalor additives can also be one of the triggers
Yes it is possible but I it will surely take long time to happen. |
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Dark Sky
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December 30, 2017, 04:05:38 PM |
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Yes definitely BTC can loose value also as it gains value. Its a volatile market with high risk.
One main reason of loosing value may be increase in the time taken for completeing a transaction. As its taking more time than 10 mins. In some cases upto 2 hours and in some extreme cases, Bitcoin was not even transferred.Also the fees is rising day by day.
All of this is not for which Bitcoin was developed. As a result, if further actions are not taken up by Bitcoin team, Bitcoin may start to loose popularity and it’s value....
I think bitcoin will never lose their value because every person invest in this forum and they wait for big profit, bitcoin is a most valuable and many people depend on this forum because this forum can change their life in very comfortable accessories and bitcoin price will more high in future and it will very beneficial for everyone. |
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Farhan786
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December 30, 2017, 04:38:46 PM |
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It can lose its value it's not volatile we cannot predict the value of Bitcoin.I think bitcoin will continue to be valuable, not problem with exchange rates and even don't rule out investors will spread education about bitcoin, so bitcoin prices can continue to rise.We need exchanges that are honest and transparent.
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