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

[CarnagexD]

Since bitcoin is not stable there are possibility that there is a chance that the price can be fall the price of bitcoin is always depends on the demand and supply.That's why the price today is high because bitcoin is growing everyday and some country are accepting it locally. If you heard about japan that bitcoin was legal in their country its really a big help to push the price at this level ($2,000+) so if you analyze the value for now from last year and today we will see the large movement of the price compare to the last year except to 2013 when the price was hit $1,000.
If there's a disaster coming that can destroy the whole block chain or hack the whole bitcoin program that can affect the value of bitcoin or if many exchange site are down and turn into scam it can be a big effect in the value of bitcoin.
So if you are afraid of investing your money in bitcoin better to try some work like marketing online or offer some service that accepting bitcoin then scaling up in trading.  and save your bitcoin for a long time and make a profit..

I agree that the is still a possibility for Bitcoin price to dump or to decrease its value. But just consider the recent happenings on Bitcoin system where it experience a fork or a direct splitting where its price dump just good to its system to cope up for changes and look at the price of Bitcoin now it may reaches 5,000 dollars at no time. So the best thing to do is to always consider that when the price of Bitcoin experience changes or dump it is just a part of growth and development to its price and value of a better transaction and investments.

[Bananier]

There is in fact nothing that prevent prices from dropping critically, but the consensus of buyers and sellers that makes the price could not be broken so hard that it would happen.

[BitcoinsGreat]

Sure this is possible, it's just not going to happen anytime soon. If you look at the history obviously Bitcoin is going nowhere but up for at least another year maybe two.

[Alpinat]

i guess it will not loss its value as you can see the price of bitcoin right now is at a very high price or value, it is impossible to lose it price because as long as there are many traders that trade bitcoin the price of bitcoin will keep increasing until it will worth a million.

[sheldonnnn]

I think that this is impossible in the neat future. But this can happen in a few years. Now bitcoin is too popular and has a very large community. But when the excitement will decrease, the price will fall.

[Hamstead]

I think that this is impossible in the neat future. But this can happen in a few years. Now bitcoin is too popular and has a very large community. But when the excitement will decrease, the price will fall.

We accept the reality that everything will be change, may it happens also into bitcoin value. Sometimes goes up and sometimes goes down, it depend on us, how the people value bitcoin. As of now , a lot of people get interest on it but we don't know 30 years from now is bitcoin still alive or it is totally lose its value because there is something new.

[stepwilli]

Yes, it is possible that bitcoin and any other currency lose their value. But for this, another currency should appear that will supersede it, until I see worthy and you can safely enjoy bitcoin.

Yes it’s quite possible for such to happen. Assuming there was a split, and everyone get scared and start to sell their Bitcoins, then the price is likely to go down a lot. But the price is less likely to go down for now as Bitcoin trading markets are showing healthy volume because new investors are rushing into adopting bitcoin. The new high prices are making this magic possible.

[Blamsud]

Yes, it is possible that bitcoin and any other currency lose their value. But for this, another currency should appear that will supersede it, until I see worthy and you can safely enjoy bitcoin.

Yes it’s quite possible for such to happen. Assuming there was a split, and everyone get scared and start to sell their Bitcoins, then the price is likely to go down a lot. But the price is less likely to go down for now as Bitcoin trading markets are showing healthy volume because new investors are rushing into adopting bitcoin. The new high prices are making this magic possible.

Bitcoin is the main crypto, even some alts appeared it doesnt lose it value even when split happen last August 1,bch were created but it doesnt change anything it just make moke panic for btc users but still btc stood still. I think never btc will lose its knowing its value before that raises up to now.

[ModGirl]

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.

Just hold your bitcoins and make the most of it in the future.

Right , Even if bitcoin fall down it will rise up higher than he was , according the history of bitcoin there's no worries in saving or investing in bitcoin

Yes history tell us everything about bitcoin, how it rise, how many time it falls and then how bitcoin recover its fall. Making all these history facts as points then we conclude that there is no chances for bitcoin to fall down because those factor that made bitcoin to fall are remove and failed to effect bitcoin any more, bitcoin users make it strong now.

[Clavulanic]

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 price of bitcoin or it's value against dollar keeps fluctuating almost throughout the year so it's not to be worried about. The prices drop only to rise higher or at least that's what we have witnessed in the past. The possibility of bitcoin losing it's value is equal to the possibility of bitcoin's value regaining all over again and higher than the previous one. Just hold your bitcoins and make the most of it in the future.

That's a very clear insights, yes bitcoin price drop off was just based on how investors really are dumping their assets and thus on queue people who wanted to buy while the price goes down were eager to invest and dump again if they saw a good price bounces back. Holding your bitcoins is a good advice and it's really proven as I personally regret months passed I wasn't able to hold my btc amounts I had for the last four months it was all been cashed out; sold and exchanged to fiat currency.

[Opekin]

Yes, it is possible that bitcoin and any other currency lose their value. But for this, another currency should appear that will supersede it, until I see worthy and you can safely enjoy bitcoin.

Yes it’s quite possible for such to happen. Assuming there was a split, and everyone get scared and start to sell their Bitcoins, then the price is likely to go down a lot. But the price is less likely to go down for now as Bitcoin trading markets are showing healthy volume because new investors are rushing into adopting bitcoin. The new high prices are making this magic possible.

Bitcoin is the main crypto, even some alts appeared it doesnt lose it value even when split happen last August 1,bch were created but it doesnt change anything it just make moke panic for btc users but still btc stood still. I think never btc will lose its knowing its value before that raises up to now.

Yep, its no way to bitcoins to loss its value cryptocurrency now were just starting and who ever believes on it will become rich in the next years and the ones who doesn't believe bitcoins will have no value for them anf they will regret it in the coming future of price adoption of bitcoins not only in the country but also the companies who want to use it.

[batang_bitcoin]

There is in fact nothing that prevent prices from dropping critically, but the consensus of buyers and sellers that makes the price could not be broken so hard that it would happen.

The price of bitcoin doesn't drop too low for now. And there's no way for bitcoin to lose it's value, bitcoin is becoming one of the best investments. This is making the market value of bitcoin and more investors are coming in when they are seeing the price starting to fall.

[asriloni]

i guess it will not loss its value as you can see the price of bitcoin right now is at a very high price or value, it is impossible to lose it price because as long as there are many traders that trade bitcoin the price of bitcoin will keep increasing until it will worth a million.

Lol lose in value means the bitcoin gets decrease in the value of each bitcoin, But why do you say it will decrease in value. The price can easily up and down depend on the market's traction when those people gaining the trend and they want to buy more and when the coin lose the trend then people are selling it.

[winterland]

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.

There is a difference between price and value, bitcoin can lose in price but not in value, the only way for that to happen is if bitcoin was no longer bitcoin, that the developers and the miners went crazy and allowed all kind of new rules on the network, that would kill bitcoin but that is not going to happen.

[gabmen]

There is in fact nothing that prevent prices from dropping critically, but the consensus of buyers and sellers that makes the price could not be broken so hard that it would happen.

The price of bitcoin doesn't drop too low for now. And there's no way for bitcoin to lose it's value, bitcoin is becoming one of the best investments. This is making the market value of bitcoin and more investors are coming in when they are seeing the price starting to fall.

I don't think its going to go to a point when it will drop like before below 2k. With the current trend, we may even see the price not dropping below 3k anytime soon. So it will be a challenge for people buying btcs if they're going to trust bitcoin and buy at a higher price

[superhelper]

When all are hoping for more and more profits from bitcoin and will stop buying their all bitcoin then the bitcoin price will under go!

[Sled]

There is in fact nothing that prevent prices from dropping critically, but the consensus of buyers and sellers that makes the price could not be broken so hard that it would happen.

The price of bitcoin doesn't drop too low for now. And there's no way for bitcoin to lose it's value, bitcoin is becoming one of the best investments. This is making the market value of bitcoin and more investors are coming in when they are seeing the price starting to fall.

I don't think its going to go to a point when it will drop like before below 2k. With the current trend, we may even see the price not dropping below 3k anytime soon. So it will be a challenge for people buying btcs if they're going to trust bitcoin and buy at a higher price

I believe in bitcoin and i think that the price of bitcoin will become stable at $4,000+ for a long time because we can see that the price of bitcoin is stable in the past few months at $2,000+ and now it is around $4,000 and if we will continue to hold our bitcoin and hope for the increasing demand then the price of bitcoin will either continue to go to the top or just become stable at the current price range.

[Aventhe]

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, everything is possible, there is no way to determine what the future holds.

But it is highly probable that bitcoin will not crash to the extent that you have written any time soon. Bitcoin is still in its 'developing phase' and has received plenty of support from its users, both old and new. Bitcoin's value is strongly tied to its demand, and while the demand is up - so will the value be.  We have seen the price of BTC grow drastically in the past few weeks, of not days and looks like it will be permanent. I do not think the price will drop anywhere below $3000 USD if we look at the current trends today.

[jonnybravo0411]

Nobody knows what will happen next with bitcoin, but I think that sooner or later everything comes to an end and once bitcoin will lose its value when people around the world will already know about it as well as about cash.

[just_Alice]

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, everything is possible, there is no way to determine what the future holds.

But it is highly probable that bitcoin will not crash to the extent that you have written any time soon. Bitcoin is still in its 'developing phase' and has received plenty of support from its users, both old and new. Bitcoin's value is strongly tied to its demand, and while the demand is up - so will the value be.  We have seen the price of BTC grow drastically in the past few weeks, of not days and looks like it will be permanent. I do not think the price will drop anywhere below $3000 USD if we look at the current trends today.

I think so too. The Aug 1st caused uncertainty is over and now the demand is rising like never before. The thing is new to bitcoin people were hesitant to buy bitcoins before the Aug 1st even though they heard that it's profitable to invest in BTC. Now after the dust settles those people will be buying more confidently.