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

[batang_bitcoin]

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 ?

As of now there's a lot of chances that bitcoin can be in the situation that we don't want and it's very possible to down. But it's not that too deep when it fall because it will recover immediately.

I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?

When people will just pull their investments to bitcoin and starts to do massive selling.

[ask]

For now its all up to 1 Agust Chain Split.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.

[djgtr]

For now its all up to 1 Agust Chain Split.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.

yes i agree it is all up in the coming august 1 after that days maybe it is not nescesary to make a prediction rigth now because we dont really know what had happen after that day.

[sandrun]

I doubt if bitcoin will lose its value. As you say. Indeed it once happened in 2013. but bitcoin managed to bounce back and show its prowess. If you look at bitcoin price from year to year .. you must have thought impossible bitcoin will disappear. The rise in bitcoin prices is influenced by the number of bitcoin demand. Bitcoin remains the most popular

[TheFriends]

Yes, it's possible. But not very likely. Nobody likes to lose their investment.

[kpcian]

obviously, it is possible...every currency has ups and downs of its value, so Bitcoin is not out of any currency. recently, we are the witness about the low value of Bitcoin. but, in the future, it will be alright. so your post is relevant to its topic. it is definitely true about any kind of currency.

[savioroshan]

In my opinion, no, it's not possible for bitcoins to loose it's value. Because now people have started accepting bitcoins as one of the currencies. Two years before scenario was different. That time it was not that popular. But now all major firms started accepting bitcoins. It's value will decrease or crash if there is any major hacking attempt or something like that.but still it will regain its value just like other fiat currencies. Because day by day it's getting popular among people due of it's advantages.

[CryptoGeneral]

Yes, it is possible. The value of Bitcoin is defined by supply and demand. Good news is that there is a maximum amount of coins that will ever exist. But people have to continue to adopt and use Bitcoin or it might fail.

[Hoganye]

For now its all up to 1 Agust Chain Split.
Lets see whats going to happen. If miners support chain split then yes we will see that BTC value will fall like a waterfall.

yes i agree it is all up in the coming august 1 after that days maybe it is not nescesary to make a prediction rigth now because we dont really know what had happen after that day.

So, just can waiting although maybe we can miss some opportunity earning profit from buy now. But important can keep our funds and profit earned from past time trading. Don't let small profit make we spend more money to big loss

[radjie]

When people no longer use bitcoin or they have left bitcoin then bitcoin prices will drop dramatically, this can lead to loss of bitcoin value, but in fact bitcoin users every day continues to grow, then the value of bitcoin will not disappear in the market if there are still many people who use bitcoin .

[coinplus]

I doubt if bitcoin will lose its value. As you say. Indeed it once happened in 2013. but bitcoin managed to bounce back and show its prowess. If you look at bitcoin price from year to year .. you must have thought impossible bitcoin will disappear. The rise in bitcoin prices is influenced by the number of bitcoin demand. Bitcoin remains the most popular

I think you are well known to bitcoin history. Everyone know it was happened with bitcoin in 2013 when its price was decreased and after that bitcoin was once again jumped the reached the highest point. I cannot believe it that bitcoin will completely lose its value and will die soon. The decrease in the price of bitcoin will be for the time being, not permanently.

[boyptc]

When people no longer use bitcoin or they have left bitcoin then bitcoin prices will drop dramatically, this can lead to loss of bitcoin value, but in fact bitcoin users every day continues to grow, then the value of bitcoin will not disappear in the market if there are still many people who use bitcoin .

When this is about to happen the price will drop dramatically. And when no one is supporting bitcoin anymore, market cap will go down and that's the start of it's dying. But I really doubt that bitcoin will ever be losing it's value, it's already in the high place so there's no way to pull it out and put it on the last list of crypto's.

[el kaka22]

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.

I agree with the views that due to demand and supply in the of a good bring variation in the prices of goods and I think in business the matter of up and down in the price of goods should not be taken most seriously. It has been seen happening with bitcoin now a days but I don’t know and understand that why the people are so much worried. I think bitcoin has a position great positon being a 1st cryptocurrency across the world although there exist many other currency like bitcoin but bitcoin is mother of electronic currencies. Decision should be based on logic.

[SmartIphone]

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.

During this journey bitcoin price through the years has been very unstable sometimes but I can conclude that bitcoin price can have different value.
If bitcoin value can be lowered then we can say it can have a higher value too.
Bitcoin loses its value mostly when an exchange get hacked, a mass hack happens, and or big investors decide to move their funds to somewhere else.

[syaripudin]

Unstable bitcoin prices. It is a familiar thing. The increase of bitcoin depends on the demand. But after I see this time people are getting a lot of interested in investing in bitcoin. This will make the bitcoin value higher. I think the fall in bitcoin prices is just normal. And this happens when there are technical issues that need to be fixed. This will not last long. Because after repair bitcoin will increase again

[BobBct]

Its possible when people will stop buying BTC and lose profit then stop

[malikusama]

Nothing is impossible and specially in this world of cryptocurrencies everything is possible. If the market collapse and the users will cash out bitcoins from the market then there will be huge downfall which may lead to the death of bitcoin. But in current scenario bitcoin users are relying on it and day by day more users are joining the community which makes it strong and grow more.

[TropicalDog17]

Nothing is impossible. If no one wanted to use bitcoin then its value should be losen. The price also will go down if there is a problem with blockchain(hacked,error)... But now things are normally and the price still go up.

[Bone Collector]

It is possible that bitcoin will lose its vaue. Before gold is just a piece of garbage until human realize its purpose and value thats why gold is one the most expensive things on earth same to bitcoins. It means we are the one who are puting value on different things if we simply ignore it then its not valuable at all.

[SacriFries11]

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 prize is unstable, just like a roller coaster that may down or up and that's why I liked about bitcoin. It's unpredictable and normal when it comes to bitcoin. I heard that its prize is ready down way back 2013 and it might happen again. But as long as we have here supporting in bitcoin, I think it will not happen again. Lot of investors are already invest and pay attention in what happening in cryptocurrency. But I think the one reason why bitcoin will lose it's value when we don't have internet access and we can't use bitcoin online.