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Author Topic: Is it possible for the bitcoin to lose it's value ?  (Read 35054 times)
oegarod
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August 10, 2017, 07:49:55 AM
 #241

well i guess its a no you know what. i will ask you what is the bitcoin price right now, it is so huge that's why there is no chance that bitcoin will never lose its value.
Yes, bitcoin has gained more support from the users ad we'll in terms of market volume. So it's not that possible to predict the market moves as well the future. Looking the present scenario fall in value is impossible,  same time due to the uncertainty even opposite thing can take place.
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August 10, 2017, 07:58:42 AM
 #242

By looking at how bitcoin, I dont think it will lose its value. Because among any other crypto and digital currency bitcoin is reigning. But I believe that everything has an end. It may not be as soon as we know but there's always a limit. So now, enjoy every second you have in bitcoin. Do not think about the future, what matters is today.
Lol do you think fiat will have an end? If so then bitcoin is the next generation of money ,
If it all happened i don't think even bitcoin value lost ,
It could be worth more than fiat today , bitcoin is the future of money ,
Once people can accept the whole thing about bitcoin , this scenario will really realized.
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August 10, 2017, 08:09:57 AM
 #243

By looking at how bitcoin, I dont think it will lose its value. Because among any other crypto and digital currency bitcoin is reigning. But I believe that everything has an end. It may not be as soon as we know but there's always a limit. So now, enjoy every second you have in bitcoin. Do not think about the future, what matters is today.
Lol do you think fiat will have an end? If so then bitcoin is the next generation of money ,
If it all happened i don't think even bitcoin value lost ,
It could be worth more than fiat today , bitcoin is the future of money ,
Once people can accept the whole thing about bitcoin , this scenario will really realized.
I didn't think it will happen even in the future, fiat will remain in this world as long as the government still find it useful for the people.
The new currency which is the crypto currency are here with a threat as well and the reason why the government are very strict to it is because they want to protect the interest of the people using it and to prevent money laundering and proper taxing of transactions.

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August 10, 2017, 08:12:03 AM
 #244

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.

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August 10, 2017, 08:26:21 AM
 #245

Nobody can predict what exactly will happen next with the bit, but I think that it can be replaced by another stronger currency and it will simply depreciate.

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August 10, 2017, 09:03:54 AM
 #246

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
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August 10, 2017, 10:16:10 AM
 #247

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
Agreed, the fact that bitcoin is unstable and we have witneced many times how it reached high value and than go down quickly is a proof that at any time bitcoin could go down, but no matter what i think that will always be bitcoin supporter s who belive in it and help it get back up.
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August 10, 2017, 10:25:40 AM
 #248

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
Agreed, the fact that bitcoin is unstable and we have witneced many times how it reached high value and than go down quickly is a proof that at any time bitcoin could go down, but no matter what i think that will always be bitcoin supporter s who belive in it and help it get back up.
Yes, bitcoin may at any time to reduce the price, but do not forget that before it always increases prices. At year-end, the price always increases by more than 100%. I think this is not a price reduction. Therefore bitcoin so attractive to investors.
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August 10, 2017, 10:51:41 AM
 #249

 theres a no permanent in this world .. all things have posibilities to fade and die .. animals are die .. trees and plants will die .. even people die .. even bitcoin could posibilities to die .. but in my own opinion bitcoin will die if theres is another currency will born that bang the whole world ..

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August 10, 2017, 10:56:50 AM
 #250

As any fiat currency, bitcoin can also lose their value. First is because it is volatile, so it can increase it's value or decrease without giving  a notice  Tongue.
Second, If there is any kind of disturbance in the bitcoin world, it will affect it's price. For example the 1st August fork issue, made  Bitcoin decrease a bit, but then when it was all clear about what would happen, the price of bitcoin increased, and now it has overcome 3000 usd.
Also at the time of Mt Gox,  it had a really bad impact in bitcoin as it decreased  it's value to just some dollars.
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August 10, 2017, 11:08:25 AM
 #251

theres a no permanent in this world .. all things have posibilities to fade and die .. animals are die .. trees and plants will die .. even people die .. even bitcoin could posibilities to die .. but in my own opinion bitcoin will die if theres is another currency will born that bang the whole world ..

There might be no permanent in this world just like fiat/money, before the way of transacting or exchanging of goods and services are through metals and the same services/goods which is barter. But it was upgraded and changed into paper money. And paper money is about to be upgraded into digital money - credit card that is happening now with paypal and crypto currencies. I can't think of other upgrades that can be done with bitcoin and there's no way it's value will lose.



 

 

 

 

 

 


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August 10, 2017, 11:08:56 AM
 #252

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
Agreed, the fact that bitcoin is unstable and we have witneced many times how it reached high value and than go down quickly is a proof that at any time bitcoin could go down, but no matter what i think that will always be bitcoin supporter s who belive in it and help it get back up.
Yes, bitcoin may at any time to reduce the price, but do not forget that before it always increases prices. At year-end, the price always increases by more than 100%. I think this is not a price reduction. Therefore bitcoin so attractive to investors.
But if like last year, August until October is the time Bitcoin in low price before pump in end of year, so the scenario in this year changed and next time maybe the price of Bitcoin can breakdown for reasonable the scenario of whales.

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August 10, 2017, 11:13:39 AM
 #253

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
Agreed, the fact that bitcoin is unstable and we have witneced many times how it reached high value and than go down quickly is a proof that at any time bitcoin could go down, but no matter what i think that will always be bitcoin supporter s who belive in it and help it get back up.
Yes, bitcoin may at any time to reduce the price, but do not forget that before it always increases prices. At year-end, the price always increases by more than 100%. I think this is not a price reduction. Therefore bitcoin so attractive to investors.
But if like last year, August until October is the time Bitcoin in low price before pump in end of year, so the scenario in this year changed and next time maybe the price of Bitcoin can breakdown for reasonable the scenario of whales.

No not at all.The price of bitcoin is raised after August 1,then they will not any reduction after so.At the end of this year ,bitcoin will reach 4200$.who's know it may happen before the year also.No one can guess the price of bitcoin today.

 
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August 10, 2017, 11:38:39 AM
 #254

Bitcoin can lose its value if its an ordinary altcoins or ordinary project that dont have future purposes, but bitcoin is not like that so its impossible for bitcoin to lose value.
you are wrong, dude. Everything can lose its value no matter how strong they can be and how good they are right now. Bitcoin is good, but there is nothing can guarantee that there will be no other cryptocurrency which is stronger than bitcoin. Do not expect much in bitcoin. Also it is very good, it can still be replaced by many different elements in different situations
Agreed, the fact that bitcoin is unstable and we have witneced many times how it reached high value and than go down quickly is a proof that at any time bitcoin could go down, but no matter what i think that will always be bitcoin supporter s who belive in it and help it get back up.
Yes, bitcoin may at any time to reduce the price, but do not forget that before it always increases prices. At year-end, the price always increases by more than 100%. I think this is not a price reduction. Therefore bitcoin so attractive to investors.
But if like last year, August until October is the time Bitcoin in low price before pump in end of year, so the scenario in this year changed and next time maybe the price of Bitcoin can breakdown for reasonable the scenario of whales.

No not at all.The price of bitcoin is raised after August 1,then they will not any reduction after so.At the end of this year ,bitcoin will reach 4200$.who's know it may happen before the year also.No one can guess the price of bitcoin today.

It would be great if bitcoin will reach at least 4000$ and wont dump back to 2000$, at the end of this year. Sure everything could happen, we will see Smiley

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August 10, 2017, 11:41:34 AM
 #255

Everything can lose its value when time comes. With bitcoin it is also possible but it will take a lot of time for that to happen. Now, it is a rising currency. Those who lose value dont have support from the people who are using it, unlike this bitcoin.
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August 10, 2017, 11:43:12 AM
 #256

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.
Well in my own opinion as long there are people who use bitcoin to earn money, bitcoin will not lose it's value it may also increase it's value. The only possible thing that bitcoin will lose it's value if the government decided to shutdown bitcoin for good which i hope it will never happen because bitcoin is very important to me.
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August 10, 2017, 01:27:05 PM
 #257

In my opinion yes...bitcoin can possibly lose it's value..we all know that bitcoin value is very volatile and unpredictable we never know maybe after few more months it can crash down and lose it's value..so far the value of bitcoin has a stable position in the market anf many people are now learning about bitcoin so as long as the demand for bitcoin is good I thinks it's value will last otherwise it can crash down
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August 11, 2017, 06:13:33 AM
 #258

If bitcoin does lose its value. Should it already happen when bitcoin below $200. At that value, more potential to be disposed without value. And what happens is bitcoin has crossed $3000, impossible if bitcoin will lose value. People's optimism keeping bitcoin is valuable.
The only thing that could make this value down is when there is a big manipulation by the whales. They have the power
to manipulate the price doing up or down but at the end of the day they always take profit.
I agree with you that manipulation act of big whales can decrease the value of bitcoin in the market but I think I will also be for the time being because forever the big whales cannot remain the values low, after some time the price will get rise again with the flow of the market.

Bitcoin cannot lose its value completely, for the time being up and down with the market is not a final decision.

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FintechEU
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August 11, 2017, 07:07:11 AM
 #259

The value of Bitcoin depends on further regulatory updates.
Sled
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August 11, 2017, 10:27:13 AM
 #260

If bitcoin does lose its value. Should it already happen when bitcoin below $200. At that value, more potential to be disposed without value. And what happens is bitcoin has crossed $3000, impossible if bitcoin will lose value. People's optimism keeping bitcoin is valuable.
The only thing that could make this value down is when there is a big manipulation by the whales. They have the power
to manipulate the price doing up or down but at the end of the day they always take profit.
I agree with you that manipulation act of big whales can decrease the value of bitcoin in the market but I think I will also be for the time being because forever the big whales cannot remain the values low, after some time the price will get rise again with the flow of the market.

Bitcoin cannot lose its value completely, for the time being up and down with the market is not a final decision.
That is why we should think like the whales does, we should ride their waves in playing with bitcoin because they like to make bitcoin on the top and after a few weeks or months on the top they will eventually put it on a low position which is very frustrating for those holders who bought from a high price or on a peak price. So if we are going to think like a whale then we can make profits and still maintain the amount of our bitcoin.
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