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

[killgald]

If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.

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[Zicadis]

Yes the possibility is always there but not a 100% value loss which is usually temporal as price keeps fluctuating

As long as we continue to have demand value will keep increasing...

[tabas]

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.

No, impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements.

[Chin Cheng]

If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.

Yes the rally started a long back and i think people are booking their profits and so is the reason we saw this correction,one more thing is that there is no excess bitcoin as the number of coins are limited  and you cannot take that away from bitcoin.The market will be volatile unless we see the next rally.

[Slark]

If you look carefully the past 5 months you can discover that Bitcoin was always increasing his price from february till this present month, if the bitcoin falls will be for excess of bitcoin.

Rising trend is o bitcoin is a fact, but we won't have continuous growth as some people are expecting. Current dip is good example of that.
Corrections will happen, crashes of price caused by FUD, bad news and panic selling will happen.
Don't worry thought, cheaper bitcoin is a linked to better entrance point for new bitcoin investors = growing user base + awareness.

[MMA]

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.

No, impossible. And for 5-6 years? That's very short to assume that bitcoin will lose it's value. Think about it from zero value to $2k+ now and is now possible to get up to $3k or even more. That's why I will not believe that bitcoin will lose it's current value this is now being recognize by many people and is now trying to make a lot of improvements.

to to me i think it possible, because nothing is impossible in this world. but it can only be possible when people stop taking interest in bitcoin and they all stop using and investing in bitcoin, and i think currently people are more enthusiastic to invest their money in bitcoin and are taking more interest here. the result is that the demand of bitcoin is increasing and which is also causing the price to increase more.

[ImHash]

All it takes is for a three letters agencies to start assassinate people worldwide if they were using bitcoin especially if they were mining in China and they were called bitmain with a little boy as their boss, I think if that could happen before Aug it would be a great accident that way not only price crashes but it will go to the moons beyond our solar system.
Few hours ago I saw price at $2127 but as I was lingering around exchanges I saw some $200/300 increase in price.
Even in the event of a hard fork and splitting the atom (Core) you need to remember something always and forever: the coin with the name of BTC will never lose it's value and do not sell your coins even if they hard forked and became hostile to the network.

[iluvpie60]

It will likely be pushed back when a hardfork happens on August 1st. Seems like that will be the case anyway.

Some miners won't go along with the code update and others will. The minority of miners who don't go along will lose out and be stuck mining their shit coin.

[Taskford]

Bitcoin is high risk trading so when people decide to invest on bitcoin it means that you're ready for loss.
But the fact is bitcoin's value keep increase over 6-7 years so many people interest on bitcoin potential

Bitcoin doesn't lose totally its value but it will just lessen.
Like the real currency is always facing the inflation makes it devalued.
It's the supply and the demand of the market that we're always relying
Pumps and dumps will just in the corner so bitcoin will not stabilize.

[IamHigh]

Bitcoin is high risk trading so when people decide to invest on bitcoin it means that you're ready for loss.
But the fact is bitcoin's value keep increase over 6-7 years so many people interest on bitcoin potential

Bitcoin doesn't lose totally its value but it will just lessen.
Like the real currency is always facing the inflation makes it devalued.
It's the supply and the demand of the market that we're always relying
Pumps and dumps will just in the corner so bitcoin will not stabilize.

Everybody is stopped and waiting for the solution of the bitcoin upgrade process. The demand is still high and newcomers are joining every day into bitcoin community. These improvements won't let a fall in bitcoin.

[Cherylstar86]

Bitcoin is high risk trading so when people decide to invest on bitcoin it means that you're ready for loss.
But the fact is bitcoin's value keep increase over 6-7 years so many people interest on bitcoin potential

Bitcoin doesn't lose totally its value but it will just lessen.
Like the real currency is always facing the inflation makes it devalued.
It's the supply and the demand of the market that we're always relying
Pumps and dumps will just in the corner so bitcoin will not stabilize.

It's commonly a normal scenario about bitcoin supply and demand really affects the price in the market,  that's why we experienced several unpredictable changes in the market value. So pumps and dumps generally been executed by most of those weaker hands investors, or what we called quick sellers with instant ideas of dumping their btc assets. When those investors fall into panic selling that's the time btc value  lose.

[Dimelord]

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.

In today's situation,it seems hardly impossible for bitcoin to become worthless.It has been legalized in japan and most countries are ready to legalize it including india.Mass adoption of bitcoins is taking place all over the world.Even transaction fee problem has been solved.So,bitcoin price would increase instead of falling down.

[xYakult]

Lose it's value? No. May have lower value? Yes. May have higher value? Yes. Just like in stock exchange, it goes up and it goes down. But based on my observation of old and recent articles and publications about bitcoin, it will not have "zero" value" wherein it will be totally wiped out. You just need to accept the fact that there are times that bitcon's value goes down but eventually, it will go up. There's no specific time or date when will it go down or up but there will always be predictions regarding bitcoin's movement. As long as you'll hold your bitcoins for long term (5 to 10 years), and have a risk-taker attitude, you'll be fine.

[Kidmat]

Bitcoin has been increasing its value as today even with downtrend and uptrend it still has a value. I think it will lose value if no one will use bitcoin but as today price may dump but it will not lose value. Bitcoin has been adopted globally even in any country its already legalized so I dont think it will lose value.

[Wesimon]

A thing loses its value oncr it was never used. When people stop using it and leave it. Same goes with bitcoin, as you can see the people using bitcoins are increasing and their interest in bitcoin in getting deeper. As well as the big companies and investors even the govenrnment are showing interest on bitcoin. So now, how could bitcoin lose its value? It may but chances are so small.

[Kersh768]

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 the price or value of Bitcoin depends on the market's demand. So if the demand is low, it'll affect bitcoin community. The price might dip into its lowest just because the demand is also low. But if you are referring to a total loss on its value, I really can't tell, basing on its benefits to investors and miners. There are also more people that are being into crypto because it is mote accessible nowadays.

[Yatsan]

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.

That us literally possible but not feasible because the bitcoin can only lose it's value if every holders and investors of the bitcoin sell their bitcoin which is not possible to happen because the bitcoin is getting more popular so many of the people now are getting bitcoin and the price of it is continue pumping.

[Basspsalmer]

It is possible for bitcoin to lose it value because it is also a currency. Even real money lose its value if it is not entertained by people. Also if bitcoin is crashed by a hack or virus it cam cause a big effect to its value. And other thing is that if there is other cryptocurrency that will rise and dominate bitcoin, possibly, it will lose its pride and value.

[ngocbkcse]

It could happen, there are alot of concerns and bitcoin is not without challenges. It's a high risk high profit.

[Star_Bucks]

I think this may happen. Based on what I've heard way back 2013. Bitcoin's price go down to almost $1k which made the people of bitcoin sell their coin due to sudden unfortunate change. Those who hold their bitcoin still while it is recovering made their way to being abundant. Not only they've earn but they've instantly became millionare I think. So if this unfortunate event happens again. Be wise on thinking if you were to sell or hold. We don't know what might happen.