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

[rausvi15]

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, i didn't think that bitcoin will go back to 5-6 years because bitcoin make profitable reputation in crypto market, there are many coin launched in market to take over bitcoin but they failed only due to the reason that bitcoin make deep roots into whole market and got the trust of investors. But there are many supposition due to which bitcoin may go back to 6 years like massive cyber attack on blockchain so that all bitcoin vanished. But these are all suppositions, it will not happen trust me!

[btcbrother]

Uhm, yes? That is why the price goes up and down all of the time and has also crashed numerous times in the past? hahaha

[rathaha10]

Uhm, yes? That is why the price goes up and down all of the time and has also crashed numerous times in the past? hahaha

haha yes. It is possible for bitcoin to lose all his value. For an example bitcoin was 5k worth a month ago. Then it was falling really hard it even fell to 3300 dollar.

This means that bitcoin is unstable and that it would be possible to lose all his value.

[MommyElsa]

Nothing is permanent in this world, anything can happen and gone in just a moment. Bitcoin is very valuable at this time but can lose it's value anytime but nobody can tell until when the bitcon will stay that popular in the cryptocurrency.

[BTCevo]

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.

With this high market value of 6000$ and still getting more expensive, I think it is quite impossible. Backdrops are still expected but it won't be as big to the point that Bitcoin will lose its value. One good example is what happened recently with China. It resulted to major cryptomarket to fall but Bitcoin is able to recover from it. So if there'll be a huge downfall, Bitcoin will surely make its way up again, for sure.

It happened couple of times in the past when we experienced the market price of bitcoin going down significantly but even then bitcoin managed to rise again in a beautiful way. The way bitcoin is making progress and that on daily basis, I don’t think so that bitcoin is going to lose its value. In fact, bitcoin is gaining more good reputation with each passing day and it is helping more people to earn money.

But we can't guarantee that. It is not us that control the market price but it is huge holder. I believe when huge holder are boring with bitcoin they will start to sell every coin that they have and bitcoin will loae its value. And I do not know when it will start to rise again, we can't really predict the outcome yet right now. We just can stay positive that bitcoin will keep on rising

[ApocalypseNow]

Maybe if we are 4-5 years back with bitcoin then I would say yes. But if we are talking about it right now, I will say 99.9%, it will not lose its value. It's very strong and unstoppable more than ever.

[Altas]

Maybe if we are 4-5 years back with bitcoin then I would say yes. But if we are talking about it right now, I will say 99.9%, it will not lose its value. It's very strong and unstoppable more than ever.

In the past several drastic price falls has taken Place. What we experienced last happened few weeks back while the price fell to reach less than $3000 in a very short time. In the upcoming days bitcoin will never loss it value, but even if something happens it has got the potential to recover in a short.

[yamortsac]

I don't think bitcoin will lose its value, in some point of time, the price will go down since one of the characteristic of bitcoin is volatility of price, but with the progress happening in bitcoin and getting more popular now, bitcoin never lose its value.

[doch]

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.

With this high market value of 6000$ and still getting more expensive, I think it is quite impossible. Backdrops are still expected but it won't be as big to the point that Bitcoin will lose its value. One good example is what happened recently with China. It resulted to major cryptomarket to fall but Bitcoin is able to recover from it. So if there'll be a huge downfall, Bitcoin will surely make its way up again, for sure.

It happened couple of times in the past when we experienced the market price of bitcoin going down significantly but even then bitcoin managed to rise again in a beautiful way. The way bitcoin is making progress and that on daily basis, I don’t think so that bitcoin is going to lose its value. In fact, bitcoin is gaining more good reputation with each passing day and it is helping more people to earn money.

But we can't guarantee that. It is not us that control the market price but it is huge holder. I believe when huge holder are boring with bitcoin they will start to sell every coin that they have and bitcoin will loae its value. And I do not know when it will start to rise again, we can't really predict the outcome yet right now. We just can stay positive that bitcoin will keep on rising

Yes even a single huge investor cannot control the price of bitcoin. I think we can predict that the huge investors are currency in buying and holding mood. they are giving support t bitcoin and that is the reason that the price of bitcoin is continuously increasing. I think bitcoin still have big potential and its price can continue increasing for a long time.

[jinksters09]

It depends on the economic growth of thr country. For me everything is possible to bitcoin lessen thr value but titally loss?? Its imposible because as long its curculating and the demand is high theres ni chance it will lose its can only lessen but not loss. The amount of it depends on supply and demand. We cant control the stability of its value but as long as the demand of consumer get higher and higher value of bitcoins remain stronger and stronger each day.

[airdnasxela]

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.

It depends on what's happening in the market and the influence of bitcoin in every country. There are a lot of factors that affect the value of bitcoin just for example, bitcoin was banned in China and we all witnessed the fall of its value as that thing happens. So if things wouldn't go well with bitcoin in a country that mine bitcoin then the value of it will surely be affected negatively. Hence, the ability of bitcoin to overcome all the obstacles it is facing is still improving so I think bitcoin would never ever loose its value.

[bentong talong]

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 are a lot of things that may happen with bitcoin but completely loosing its value? I don't think so, you may say that its value will go down for some time but the chances that it will loose its value is very low. Things are going well with bitcoin even after the banning of it from China so the improvements will surely occur more as bitcoin recover from going down because of China. Bitcoin will dominate for sure and its value will rise more.

[Anchor867]

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 don't think it will fall now because these days the bitcoin become popular in every country. So many people now engage in bitcoin and it can cause to grow it more. but i think in time it may because we can't control what will happen in future. Just we need to go with the flow and face the present now.

[sana54210]

I think it could but maybe it depends on the situation.
But I think it is very impossible at the moment but maybe in the future .

What makes it impossible at the moment is the same thing that makes it impossible in the future. It sucks that people do not even understand the fact that holding bitcoin in 2010 was more risky than 2011, and holding in 2011 was more risky than 2012 and so on. So you cannot compare the risk of someone who bought in and held in 2010, to someone who is buying now. The risk reduces over time as people keep accepting it the more.

[2hot2handle]

Bitcoin may lose its value for the reason that if the people who believes in it will start pulling out their money and turn their back to bitcoin so if we all want bitcoin to survive and will exist for the rest of our lives then lets keep the fire burning and keep people educate about bitcoin. The more people know about bitcoin the more people will start using blockchain and will start investing to bitcoin.

[Meowth05]

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 it is possible especially if those people who support upon it is gone. Bitcoin is unpredictable so it is hard fpr us to foresight on what will happen on it in the future. Yes bitcoin could go back into its price way back 2009 but I can assure that it will never be zero value.

[super5star]

Probably, yes because the moment that there will be no people who will going to invest in bitcoin, the value of it will decrease and decrease until such time that it will lose its value.

There were already people to invest, and there is now. As I said earlier, the divisions will bring the end of Bitcoin. There is a new division. Segwit!

I don’t think so that there is anything which can bring the end of bitcoin. Bitcoin is decentralized in nature and it is independent of each and everything. There is no one who can stop bitcoin from being used. In fact, the way bitcoin is gaining the attention of all those who are sitting in the international market is a proof of this thing that bitcoin is going to rock in the future. Bitcoin will never lose its value.

[Himanshu111]

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 but the chances of Bitcoin to loose all its value is very low simply because it is one of the most popular crypto available in the market and many people believe in it. Many people regard it as one of the world's fastest growing investments and believe that it will show tremendous amount of growth in future.many have already invested their hard earned money in Bitcoin in hope to earn high profits in the long run.
For Bitcoin to loose all its value, people have to stop believing in it and i don't think that its possible.

[similarcryptos]

Yes and no .

Yes because.

• anytime a ban happens people tens to pannic and starts sell
• Some one like bitmain sells bitcoin who have more than 45% of the market share

No because.

• People are greedy and there are no limit for bitcoin
• Even its fall it cannot fall more than 3000usd cause people who bought in huge margnin they will never sell after a certain point of time

So in conclusion no is way more realistic.

[cardinalVC]

Yes it can happen. Bitcoin, just like any other digital currencies, is volatile in nature.

There have been several sudden downpours in the value of Bitcoin, including the recent 2K decline, but eventually it goes back up again.
I think its important that you learn about the 21 million cap of Bitcoin and its potential for deflation.