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Author Topic: Is it possible for the bitcoin to lose it's value ?  (Read 35059 times)
suryana
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August 22, 2017, 04:48:15 PM
 #321

Do not think about the future, which is important today. We do not know how long the bitcoin will live. Bitcoin only grows and becomes popular every day so we can only expect growth from it.

Not agree with you. What i'm working on and try on bitcoin today is in the hope of having a better future from hard work in bitcoin. Bitcoin grow also popular because has users. Without users, there will be no growth. Bitcoin will not lose value, we are optimistic bitcoin become more valuable later.

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August 22, 2017, 05:26:40 PM
 #322

Do not think about the future, which is important today. We do not know how long the bitcoin will live. Bitcoin only grows and becomes popular every day so we can only expect growth from it.

I think you don't need to expect only growth from it. We all know how volatile bitcoin is. If you will be expecting a pump, do not remove the fact that it will be also having a dump especially when a whale make a big dump of his or her coins, the price wil surely be affected by it.
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August 22, 2017, 05:48:13 PM
 #323

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.

Yes, of course like every currency, BTC is prone to losing its value once in a while, but according to its trends and history, it was able to withstand a lot of it and was still able to bounce back and come stronger that is why, it is regarded as the most successful of the cryptocurrenmcies today.
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August 22, 2017, 06:00:48 PM
 #324

The market is now very big and there are thousands of coins out there. SOme of them are even greater than bitcoin. They have advance, technology, smart contracts, fast transactions, etc. The only thing that bitcoin has is that it is the first crypocurrency. in the future, bitcoin will no longer be number one and it will surely lose its value

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August 22, 2017, 07:04:37 PM
 #325

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.

Yes, of course like every currency, BTC is prone to losing its value once in a while, but according to its trends and history, it was able to withstand a lot of it and was still able to bounce back and come stronger that is why, it is regarded as the most successful of the cryptocurrenmcies today.
The momentum growth in this year of Bitcoin very strong, and do not easy breakdown like in few years ago. So, you can see everyday have many people want buy Bitcoin, because they understand the potential of Bitcoin can helps them get rich in future.

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August 22, 2017, 07:08:09 PM
 #326

definitely ... it happened just a fewdays ago ..
fromm 4350 bucks to 3650... but it is going better now at 4100$ everything has a vallue ..
value pump and dump in everything in all of the thing..



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August 22, 2017, 07:09:47 PM
 #327

In the near future, no.
That this happened is necessary for everyone to sell their coins in a short time, but this can not be.
If only the United States does not prohibit bitcoin and does not impose sanctions against bitcoin  Grin
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August 22, 2017, 07:36:13 PM
 #328

The market is now very big and there are thousands of coins out there. SOme of them are even greater than bitcoin. They have advance, technology, smart contracts, fast transactions, etc. The only thing that bitcoin has is that it is the first crypocurrency. in the future, bitcoin will no longer be number one and it will surely lose its value
But this is distant future and do not in short time with the hot trend of Bitcoin like now. Everyday, have many people become to trader or investor in cryptocurrency world because they have bought bitcoin for their future.
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August 22, 2017, 07:40:32 PM
 #329

Do not think about the future, which is important today. We do not know how long the bitcoin will live. Bitcoin only grows and becomes popular every day so we can only expect growth from it.

Not agree with you. What i'm working on and try on bitcoin today is in the hope of having a better future from hard work in bitcoin. Bitcoin grow also popular because has users. Without users, there will be no growth. Bitcoin will not lose value, we are optimistic bitcoin become more valuable later.

This is how bitcoin works, but if there is more people using bitcoin then there is more demand. If the shops or stores start accepting bitcoin, then its gonna happen the same, more people are gonna start using btc/more demand.
And all this means more value. At the moment a lot of stores are starting to accept bitcoin, so all that story is happening.


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August 22, 2017, 07:58:01 PM
 #330

Of course! Anything is always possible. Bitcoin could lose its value if something extreme happens like government shuts down all the exchanges or something like that.

 
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August 22, 2017, 09:58:17 PM
 #331

The market is now very big and there are thousands of coins out there. SOme of them are even greater than bitcoin. They have advance, technology, smart contracts, fast transactions, etc. The only thing that bitcoin has is that it is the first crypocurrency. in the future, bitcoin will no longer be number one and it will surely lose its value
but in current position I do not think that there is a single currency whih is more big and sronger than bitcoin. in fact bitcoin is becoming stronger and strong from time to time because of the interst of the people and not a single altcoin can compete with bitcoin.

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zoom_rich
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August 22, 2017, 10:25:59 PM
 #332

Sure it's possible, just like it's possible that the internet would go down due to a huge asteroid hitting the Earth and millions of people dying, and nations destroyed. In that sense, yes.
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August 22, 2017, 10:38:49 PM
 #333

In the near future, no.
That this happened is necessary for everyone to sell their coins in a short time, but this can not be.
If only the United States does not prohibit bitcoin and does not impose sanctions against bitcoin  Grin
although everything is possible but that is right the in near future we are not expecting that anything like that can be possible, i think bitcoin still too much good because the interest of the people about bitcoin is still increasing which is also making bitcoin more stronger so bitcoin will remain as the strongest currency of the crypto world.
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August 22, 2017, 11:13:17 PM
 #334

Sure it's possible, just like it's possible that the internet would go down due to a huge asteroid hitting the Earth and millions of people dying, and nations destroyed. In that sense, yes.

I do not think that such a catastrophic scenario is necessary for bitcoin to lose its value. Before that event can happen many other vicissitudes that could affect the value of bitcoin.

For me the next threat will be the development of much more advanced technologies that could make bitcoin look old and unreliable, as well as the permanent threat of big capital, turning its back on bitcoin to look for new emerging opportunities.
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August 22, 2017, 11:31:00 PM
 #335

Maybe yes and Maybe no there are times that bitcoin may fall but since we are in new technology that runs our world and bitcoins will be change our economy then bitcoin will never lose its value even if wer are going the new generation there's no such thing or any reason for the bitcoin to lose its value untill no one uses it.
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August 22, 2017, 11:36:44 PM
 #336

Sure it's possible, just like it's possible that the internet would go down due to a huge asteroid hitting the Earth and millions of people dying, and nations destroyed. In that sense, yes.

I do not think that such a catastrophic scenario is necessary for bitcoin to lose its value. Before that event can happen many other vicissitudes that could affect the value of bitcoin.

For me the next threat will be the development of much more advanced technologies that could make bitcoin look old and unreliable, as well as the permanent threat of big capital, turning its back on bitcoin to look for new emerging opportunities.
Until there is no better system than bitcoin, we don't see any threat yet, in fact bitcoin is just starting to grow its value and we haven't seen yet a massive adoption which will happen soon in the future. Right now, I will focus more on saving bitcoin because I believe it's the best investment of my life that I should not disregard, if only I could divest my other investment and invest in bitcoin then I will gladly do it, but the problem is I don't solely own my other investment so I just have to stick with what I can put with bitcoin now.

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August 23, 2017, 01:00:21 AM
 #337

I believe bitcoin could lose its value to another "better idea" coin.  The first to start does not always finish first... AOL<Google, Myspace<Facebook, Blackberry<iPhone...but crypto currency is here to stay.  I give fiat another 50 years???

I also believe the only thing that can stop it is an EMP attack.  Of course then we have bigger problems.
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August 23, 2017, 02:34:32 AM
 #338

Well it is highly unstable which makes it quite unpredictable but I don't expect bitcoin to lose its value even in future as till the date it's quite popular among people and its demand in constantly increasing. The only cause what I feel would decrease its value is it's replacement by some another powerful and popular crypto...

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August 23, 2017, 07:00:47 AM
 #339

We have 1-3 year of bullish trend, I suppose.
So keep calm  Roll Eyes
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August 23, 2017, 07:21:37 AM
 #340

Maybe yes and Maybe no there are times that bitcoin may fall but since we are in new technology that runs our world and bitcoins will be change our economy then bitcoin will never lose its value even if wer are going the new generation there's no such thing or any reason for the bitcoin to lose its value untill no one uses it.

As technology is upgrading there's a chance that bitcoin can lose a little bit of it's value but I don't believe that it will completely lose it's value. I have a hint, that the biggest person, CEO's of IT companies are even predicting that bitcoin can be a big blast for the next years to come. I guess they have a plan to pump bitcoin.

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