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faceoff97
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October 05, 2017, 10:48:50 PM |
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It would be possible but because it was already well established, it will be hard to loss its value. The value of bitcoin is basically dependent on the bitcoin holders/investors, once they give up their coins (specially the whales) bitcoin value will be affected. But seeing the current status of bitcoin, people have good trust with bitcoin and there is also a big expectation of pumping in value seeing more and more people are trusting it. Dumping would only exist once people transferred to another cryptocurrency but there is no better altcoin than bitcoin thus it may not dump.
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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bettercrypto
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October 05, 2017, 11:45:45 PM |
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It is possible for bitcoin to lose it's value. Even gold lose it value. Even land that suppose to increase its price value also devaluate when some unexpected happen in that place. Remember, there is no permanent in this world but change. Bitcoin will change up and down depend on the demand of the market.
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boriss3
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October 06, 2017, 12:47:43 AM |
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Perhaps bitcoin will shed its worth if everybody sells all the bitcoin they have. It will make the bitcoin value likely down. Bitcoin costs depend on supplay and desire ... perhaps if sales are larger then bitcoin charges will go down. Furthermore the federal government also prohibits the use of bitcoin in a nation. Bitcoin wallet is closed. So all bitcoin transactions no longer exist. That will make the bitcoin value drop. But which is not achievable
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gabmen
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October 06, 2017, 02:31:21 PM |
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It is possible for bitcoin to lose it's value. Even gold lose it value. Even land that suppose to increase its price value also devaluate when some unexpected happen in that place. Remember, there is no permanent in this world but change. Bitcoin will change up and down depend on the demand of the market.
Yeah. Some things happen beyond anyone's control and fiat or btc may lose value in a short time. Manu things may happen like ww3 or an asteroid obliterating our access to the internet. We can never sure about anything |
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Canday
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October 06, 2017, 08:22:02 PM |
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Possibly bitcoin will shed its value if absolutely everyone sells all the bitcoin they have. It will make the bitcoin value going down. Bitcoin charges rely on supplay and need ... possibly if product sales are bigger then bitcoin charges will go down. In addition the authorities also prohibits the use of bitcoin in a country. Bitcoin wallet is shut. So all bitcoin transactions no lengthier exist. That will make the bitcoin value drop. But which is not attainable
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Whosdaddy
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October 07, 2017, 07:17:03 AM |
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It is possible as you can see after the ban of China. Bitcoin was dropping hard bitcoin is stoppable. Bitcoin is not stable and it could go down with a few countries banning bitcoin.
I think it would go down, but now japan has added support to Bitcoin. So it would be a bit stable.
If something have great support and it is glaring how it could be of huge help, then we should know there are so many people out there who will be willing and set to get the lower value. You are right that bitcoin is dependent on investors and what will make bitcoin lose its value is bitcoin itself and if the proper thing is not done to make it always stand out. |
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UzumakiSakuragi
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October 07, 2017, 07:31:09 AM |
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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.
[/quote
Based on the comments that I have read around, bitcoin is said to be not that stable yet, so I think there is a possibility that bitcoin can loose its value. Generally speaking, nothing is impossible, and I believe that anything that is man made is unstable. |
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dulce dd121990
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October 07, 2017, 09:38:56 AM |
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It is impossible for me, you know that the value of bitcoin today is almost five (5) thousand US Dollars, and there will e a big possibility that it will increase soon as the demand increases. For me it is not possible that the bitcoin to lose it's value. It is already a stable crypto currency. Maybe only ups ad down on its value.
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vintages
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October 07, 2017, 09:49:38 AM |
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Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.
Of course, its totally possible. Things that can motivate it to loss its values are; (A) if more countries keeps on banning ICOs like the way China did. (B) if it is bern abused by under-world black market dealers. (C) if there exchange companies out there scams their customers of their coins or if their website is been attacked. (D) and most especially, if it start losing it 'decentralization' power. |
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crazycatwoman03
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October 07, 2017, 04:04:13 PM |
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Guys thank you for the answers , but I'm not reffering to the 10-20 % spike in value , I mean like a complete downfall , lets say for it's price to go down to something like a few $.
Of course, its totally possible. Things that can motivate it to loss its values are; (A) if more countries keeps on banning ICOs like the way China did. (B) if it is bern abused by under-world black market dealers. (C) if there exchange companies out there scams their customers of their coins or if their website is been attacked. (D) and most especially, if it start losing it 'decentralization' power. The volatility of bitcoin may help it rise but I think that it can also bring it down. If bitcoin's price started to go down, many would be interested in buying it for very low price but of course we cannot guarantee that its value will return immediately to normal. Yes, bitcoin had suffered major dump and eventually the price will rise again but we should consider that what if someday it failed to rise again. I just hope that bitcoin will never lose its value because many people will be affected by it. |
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doomloop
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October 07, 2017, 04:18:23 PM |
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I think it is possible but I also think that it would never happen,
As long as there are people who continues to invest or use it bitcoin would never lose it's value.
It is right the value of the bitcoin is going high as the time passing so it is very difficult to make the bitcoin go totally down the price of the bitcoin will be 0 if the people will not believe in bitcoin and will try to sell their bitcoin and it is not going to happen ever as the time passing the worth of the bitcoin is increasing but not decreasing. |
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NS-Soul
Full Member
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arcs-chain.com
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October 07, 2017, 04:25:30 PM |
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It never came in my mind that bitcoin will lose its value someday. All im thinking is bitcoin will reached the never expected value someday. Which im preparing until happened. Maybe i have already save some bitcoin until that day.
I too because it is alreadynnormal for us to wait and buy bitcoins again after the dump and sell on peak. The currenctly bitcoin market is too big and it will be act as a big market already. We can't say that bitcoins in this year will have a good vakue |
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nesty
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October 07, 2017, 07:41:10 PM |
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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 it is impossible right now to loose its value because bitcoin is getting stronger and stronger as day goes by. If massive dumping of bitcoin will occur it might lower the value but for sure there are lots of investors waiting for that massive dumping because they can acquire bitcoin at a lower cost. So right now it is impossible to lose its value it would take so many years. |
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ammo121810
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October 07, 2017, 08:00:53 PM |
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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 right at this very moment Bitcoin value would still remain it will be harder or it would take long time before it would loose its value for as long as the invetors would invest in bitcoin the possibility of loosing its value is getting smaller. It will loose its value if we will not invest anymore. |
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leonair
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★Bitvest.io★ Play Plinko or Invest!
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October 07, 2017, 09:22:36 PM |
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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.
Everything is possible in real life and it is the same with digital life and Bitcoin is not an exemption so it may happen but I think there is no reason right now that it will occur, maybe if Bitcoin will be hack by a great hacker and showing that it is not so secure at all. Every day, week, month and year Bitcoin losses its value but it eventually bounce back with much more greater value compare to the losses. |
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alani123
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Leading Crypto Sports Betting & Casino Platform
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October 07, 2017, 09:24:45 PM |
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Of course it is not possible for bitcoin to lose its value. Monetary value in FIAT currency has nothing to do with the inherit value of bitcoin. It is backed by a huge mining network that also happens to be the biggest computing network on the planet. People should really understand that bitcoin is the most secure way to transact value on the globe and hence its high value. It can never lose value.
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anklas
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October 07, 2017, 10:09:58 PM |
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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 based on the current value of bitcoin now it is impossible to loose its value it would take decades before it would loose the value. The value depends on how investors invest in bitcoin if they do not have confidence in bitcoin anymore maybe that will the time would decrease its value gradually. |
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Engand
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October 08, 2017, 12:30:01 AM |
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Almost everything is feasible. The fundamental blockchain system performs perfectly properly and the developing demand in Bitcoin exhibits this. But it can nevertheless collapse some day. For case in point, all governments will forbid it, or basically the demand will fade away. Despite the fact that my position of check out is that possibility of this kind of situations is extremely reduced. I’m fairly certain that none of this will come about. Still it is essential to get into thought each feasible system of events.
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agus_purno
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October 08, 2017, 12:46:06 AM |
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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 based on the current value of bitcoin now it is impossible to loose its value it would take decades before it would loose the value. The value depends on how investors invest in bitcoin if they do not have confidence in bitcoin anymore maybe that will the time would decrease its value gradually. but for now bitcoin does not lose the trust of its users even bitcoin users increasingly believe and grow all the time, and in the future all will realize that bitcoin is very profitable |
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malika
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October 08, 2017, 01:54:19 AM |
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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.
Most of the invetors knows that the crypto market is too volatile and anything can happen. We might experience downfall because of the rumors coming around but still bitcoin recovers because the trust of its investors are solid and they continue to invest. So i can say it is impossible for bitcoin to loose its value. |
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