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Author Topic: Is it possible for the bitcoin to lose it's value ?  (Read 34470 times)
keyscore44
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April 20, 2018, 02:45:45 PM
 #1821

I think that this will not happen very soon. In order for bitcoins to depreciate. Bitcoins have thousands of time shown their real power. This will be little injustice to say this thing that Bitcoin will lose its value.
For me it can't happen cause it will have always some users which want to invest or trade using bitcoin and this coin will live for next X years thanks to that situation.

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April 20, 2018, 02:53:24 PM
 #1822

There is no possibility for bitcoin to lose its value because as long as the cryptocurrency is still circulating in the digital world the bitcoin which has the highest value even the market will come to the worst value down in the market, I think bitcoin will not lost its value.

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April 20, 2018, 03:23:12 PM
 #1823

Bitcoin's value is based on how many companies accept it as a form of payment, but also on other things like perceived value and also how much mining or hashing power it has. If any of these factors go too low, then certainly it is not only possible, but likely that Bitcoin would lose its value.
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April 20, 2018, 03:30:27 PM
 #1824

If I do not think bitcoin will lose its value while someone is interested in it but if someday bitcoin no one is interested then that's when the bitcoin price will drop but I'm sure this bitcoin will always have the interest because bitcoin price is getting more expensive only.

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April 20, 2018, 03:51:17 PM
 #1825

If I do not think bitcoin will lose its value while someone is interested in it but if someday bitcoin no one is interested then that's when the bitcoin price will drop but I'm sure this bitcoin will always have the interest because bitcoin price is getting more expensive only.
Yeah, it will only lose its value only if it will keep on suffering the neglections from everywhere and each one its user loses there interest in it or it gets replaced by some other currency stronger than it. But in the current era, it seems quite impossible as it had gained a lot of global attention and moreover I don't find any replacement for it as presently it is ruling the market...

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April 20, 2018, 04:46:08 PM
 #1826

This is of course possible.I think it is a little hard to get it done.But what I have learned so far is no hard thing.If all states take a joint decision, the bitcoin ends.

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April 20, 2018, 06:14:03 PM
 #1827

If the value of bitcoin is the price it's possible but for real life bitcoin have no any value. This why people mostly prefer gold or other expensive metalse insteed of crypto.

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April 20, 2018, 07:30:35 PM
 #1828

Bitcoin has clear and open chances to loose its value. But for sure this incident might not happen until few actions takes place around the world.
Like banning of Bitcoin in most of the top tier countries, even restrictions might cause a significant downfall. But I must add, completely loosing its value might be the consequences of some unlikely and rare situations.
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April 20, 2018, 07:46:29 PM
 #1829

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.
Sooner or later, it will happen. But now at the moment, bitcoin is only gaining popularity and demand for it is growing.
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April 20, 2018, 07:54:34 PM
 #1830

I am not a great expert but I think this is unlikely to happen due to the fact that much was invested in this project. More and more people are getting interested in it and soon almost everyone will change to Bitcoin.
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April 20, 2018, 08:56:28 PM
 #1831

i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.
Bitcoin will never lose its value. It only the bitcoin value decreases due to it's price is not stable. Bitcoin will always have a value no matter what. Bitcoin today's value is $8523 in USD.

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April 20, 2018, 09:32:42 PM
 #1832

Maybe when bitcoin prices drop drastically it becomes one possibility bitcoin prices will lose its own value but I'm sure bitcoin will continue to be popular because not always bitcoin price up down
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April 20, 2018, 10:39:44 PM
 #1833

I think bitcoin can lose its value only as a last resort when a great catastrophe happens and the Internet disappears or another currency appears that will displace it.
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April 20, 2018, 11:18:58 PM
 #1834

There's a chance that Bitcoin's value will decreas its price as low as it was before. It will happen if the demand decreased. And if there's a new cryptocurrency that has more advantages than Bitcoin has, because all cryptocurrencies including Bitcoin
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