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

[Isabella09]

History proving it for bitcoin but the future is unpredictable

[Prince07]

it is not necessary to sell the house and invest all the money in the crypt

[koumpesbtc]

If you check out the history of the coin you will see that after every peak there was o low valley in the diagram, but in the big picture BTC is going up and up despite those corrections. After the upcoming fork we will see a big loss in the price of BTC but after a while it will come back. Don't panic and think carefully before your next move in crypto currency. Search and then invest, read and listen before you make a decision. Knowledge is everything.

[muhammad-adnanzain]

Yes it is possible, because value of bitcoin depending on user who use and belive bitcoin have some value.  When market sentiment good and demand of bitcoin still high, than bitcoin have some value to keep and save.

[planfox]

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.

This is possible in case of the collapse of the sphere of crypto currency or when many will leave the market. And at this price it is unrealistic, everyone is sitting and waiting even better price and no one is selling and therefore the price does not fall. His popularity at the first level, and therefore the price, too.

[homculus]

Direct transactions are on-going. It might not be much but it is pretty much still going on. The good thing about it is that some people are freelancers earning a lot from doing crypto related jobs and basically more like their major income.

With this, we can keep getting more people in the system that are still spending and saving some, but this does not really mean we will never have people who would still prefer to save and hold which even makes the demand more than the supply and hence why we have increased in value so quickly.

[winterland]

In my opinion yes, it is possible for bitcoin to loose all its value one day. But as we learned fron numerous other examples, an asset that it is appreciating, will not loose its value very easy, nor it will deprecate to nothing. For example gold it never deprecated in value altough now is a symbolic asset that a practical one.
 Bitcoin is 6-7 years old, the next 5 years will tell if it will remain or loose all its value.

As long as bitcoin is useful for the people of the world its value is not going to be zero, old technologies like a computer from the 90 are useless in today world but even if bitcoin is surpassed by other coins, bitcoin could still be used as a currency so I do  not think we are going to see bitcoin losing all its value.

[stanisl]

Do not feel about the potential, which is important nowadays. We do not know how prolonged the bitcoin will stay. Bitcoin only grows and gets well-liked each day so we can only count on progress from it.

[z38630610]

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 a short term, there will be fluctuations on bitcoin value. But bitcoins is a good investment if you think about future. In the past bitcoin lost it's value like you sad. When you look at last years, you will see rise of bitcoin. It gives you more than banks, gold or land.

[darkphoenix2610]

bitcoin is not stable no one knows when it going to disappear, no one can predict on what happen in the bitcoin if it is going up or going down even of it is ban on the other country bitcoin always find a way on how to survive theres a lot of company that bringing bitcoin down but no one can bitcoin bring it down.

[Cavyanpo]

Of system it can. If bitcoin never ever shed its benefit, then everybody will not scared or be concerned, and make investments all their cash below since there's no threat correct? But of course there is certainly a chance that bitcoin will drop its worth, though we will not know why, how or when. But i consider for the time being, it nonetheless has a brilliant future and you will not actually need to worry significantly.

[BrannigansLaw]

I think so. Because Bitcoin's value depends of the number of users. That's why when you remember the FUD news China announced. You saw how Bitcoin declined in its price. So if no one buy Bitcoin and many sell their Bitcoin, then Bitcoin's price will diminish.

The market will go down every now and then ,it is not a big surprise to see the market going down,people will book their profits and that does not mean that the price of bitcoin will go down in the long term.The only thing i do not want to see now is a big crash in the price of bitcoin like we saw in 2013.

[Best Dreams]

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.

Anything is possible nowadays. It's just a matter of time. The market can rise but it will also fall. A common law of nature that anything that goes up will need to come down. Almost applicable to any aspect of life. So bitcoin is not an exemption. As high as its value is now, the time will come that it has to fall. And it's all up to us how well we play this game.

Well its true anything can happen any time but about bitcoin my opinion is little different those who are the users of bitcoin from the beginning so they know very well the past of bitcoin that how it come to market and how its survive in market bitcoin also face banned in china and then the way it fight against china so everyone knows I think bitcoin is now stable and powerful in market.

[Almat]

It's going to plummet pretty hard if all its stronghold countries drop it in unison. This is impossible though.

It could also be replaced by an altcoin eventually, but we could be 20, 30 years away from that.

[meanwords]

I think there is a possibility but it's like little to nothing. If enough major countries ban Bitcoin then alot of people would panic sell and the price of it might go down. But as we can see it will not happen bacause alot of countries now sees bitcoin as an investment, alot of people specially traders put their money in it and alot of well-known people invest in it. So the possibility of losing it's value is so low right now.

[viktors7]

bitcoin could be shed its price as every thing is attainable in net but a lot of folks which have bitcoin never want this is come about and i consider the dev and the group will operate the best that they can to steer clear of this. people only want that bitcoin will be stay at on best and the price tag will enhance far more and the other men and women which is not in bitcoin planet will see the price of bitcoin.

[Sketztrophonic]

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 not posible because investors made bitcoin go that high. If it will downfall again im sure there are panic attack on each investors. For me, as of today it is imposible to downfall the prize way back 5-6years. It is just that maybe government on other country will try to take down bitcoin. But im sure they can't.

[Valzzz005]

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.

For me yes it is possible that bitcoins will totally losses its value, if and only if no one are using it anymore, because something that is no one are using is a worthless thing. Bitcoins price are becoming expensive just because a lot of people wants is, the demands are high that is why the price are also increasing. A lot of businessman are investing in these so they will probably don't let bitcoins to fall because a lot of money are there. Even the government cannot take this thing down also because huge people are behind of this. Look what happened to china banning bitcoins, it immediately recovered after a few weeks

[LogitechMouse]

Bitcoin is very volatile that's why the price goes up and down at a small amount of time but to lose it's value is impossible nowadays since there are many investors now that are involved in bitcoin. The price of bitcoin 5-6 years ago will not be the same again as the price of bitcoin now. For me, bitcoin will decrease its value when many countries ban bitcoin but it will not lose its value.

[lazaruseffect11]

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 its possible to happen in the future. My prediction about bitcoin in the next 5-6 years is its price will continue to rise but there will be new cryptocurrencies that will rise that are better than bitcoin. People will tend to use better cryptocurrencies than bitcoin because it will benefit them the most.