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Author Topic: Is it possible for the bitcoin to lose it's value ?  (Read 35058 times)
A.H.Rassel
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November 16, 2017, 05:36:33 PM
Last edit: November 16, 2017, 05:49:18 PM by A.H.Rassel
 #1101

Bitcoin will begin to ruin only if we all Bitcoin users leave it. But it is not possible. Because people are investing more in Bitcoin. And for this Bitcoin price is increasing rapidly.
toastyhamster
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November 16, 2017, 05:43:45 PM
 #1102

My worry about cryptocurrencies in general is what happens if the security is compromised?  If the block chain integrity was able to be circumvented the whole thing would massively devalue.  It appears secure by design but what if....?
Drixy
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November 17, 2017, 06:02:45 AM
 #1103

Yes it is possible because people i mean users can manipulate bitcoin price. Example if users have many bitcoins at hand and tries to withdraw it for money then bitcoin price will drop exponentiall or exchange it to altcoins it will change depending on your balance if you have millions of bitcoin and exchange it to some altcoin bitcoin will drop very hard lol but if youll just have even hundreds of bitcoin the price will hardly drop. Manipulating bitcoin can give huge profits if you have the sick strategy to it.
Savemore
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November 17, 2017, 06:12:24 AM
 #1104

There are people who says yes and there are people also who says no. The world is full of possibilities, so there are chances that bitcoin can lose it's value. I have a hope that bitcoin will become more stronger and more popular.
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November 17, 2017, 06:21:07 AM
 #1105

My opinion is yes in thi regard. Though Bitcoin price is high, it is possible to lose it's value. The current rate of Bitcoin is increasing. In thr earth, I think everything is possible. Bitcoin is a online based currency. Sometimes it will reach high price and sometimes it will lose it's value. That called the nature which all things are ups and downs.So,after all,we can say that is is possible for the Bitcoin to lose it's value

Rashid555
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November 17, 2017, 06:36:45 AM
 #1106

For me it is important to know about value of bitcoin because the investment activities are very important for me. As I invested my money in bitcoin and I am satisfied with the value of bitcoin I think bitcoin will lose a minor rate of it’s value but in a short time period it can achieves the good profits. I think bitcoin will not lose its value in the current year it will be improving its value.

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November 19, 2017, 06:13:33 PM
 #1107

Yes very much possible depending upon the rules and regulations of the country if majorly they start to make it illegal the demand will fall and it will lose its value.

Simon pasco
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November 19, 2017, 06:14:37 PM
 #1108

since the bitcoin is only digital, yes it can lose its value
Etherlevis128
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November 19, 2017, 06:17:00 PM
 #1109

since the bitcoin is only digital, yes it can lose its value
Digital market is a volatile market. The price keeps on fluctuating at unexpected times. Actually, this is the true essence of this industry which has attracted majority towards itself. What is important to remember, the bitcoin price can recover very quickly and it has the potential to touch high targets. The predicted value of bitcoin before 2k18 is round about 7k dollars so volatility must give us happiness.
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November 19, 2017, 07:10:01 PM
 #1110

I do not think that bitcoin will fall sharply in the near future. Even if there is a drop, then after it there will be price growth
HiringYou
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November 19, 2017, 07:31:02 PM
 #1111

No, I don't think it is possible that Bitcoin will fall that much.Bitcoin has come too far from where it started.Now it has reached 8000$ mark. But if in future some other altcoin gains more popularity than Bitcoin then it will effect the demand and price of Bitcoin .If in future government takes some strict action against it and ban Bitcoin then it will directly effects it's demand.The chances are least but in these two situations Bitcoin will lose it's value .
Vilagra
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November 19, 2017, 08:45:23 PM
 #1112

Bitcoin's value depends on it's demand from people so if people stop using bitcoins and switch to any other cryptocurrency, bitcoin's price will be heavily affected.

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November 19, 2017, 10:04:15 PM
 #1113

I think its possible for bitcoin to lose its value once people stop using it. And i know that bitcoin only runs by internet once internet down bitcoin become no value.
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November 19, 2017, 10:10:12 PM
 #1114

In my opinion yes, it is possible for bitcoin to loose all its value one day. Because the price/value of bitcoin changes every time and never is stable. Check now and check for the past month this year and you can see how unstable the price was !! And it is also depends on the user if the bitcoin lose it's value or not. But i don't think that it would happen. Demand of bitcoins is increasing day by day.  Grin
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November 19, 2017, 10:37:19 PM
 #1115

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.

bitcoin is just like thing that can also lose in value if no more demand. for example you have some fruit in garden like banana. first banana is very expensive since no more banana available so more demand than supply. let say in 1 year later, many more banana are growing and the banana lose in value.
sorry for bad example, but bitcoin can lose in value if no more demand.
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November 19, 2017, 10:44:11 PM
 #1116

By just looking at the graph, i think it will tell us all that it is impossible for bitcoin to lose its value. As long as there is a demand in the market and investors continuous to pour their money on it, i think losing its value is far from reality.

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November 19, 2017, 10:48:34 PM
 #1117

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.

Bitcoins today are on their top of their career so it is totally impossible in this period of time for them to lose their value because there are still a lot of demends to them so they will still grow more. But the factvthat they can be worthless is not impossible because if time goes by and people do not want them anymore that will be the time that they will start to fall and if no people are useing it totally no one wants it anymore the bitcoins will entirely fall
Harrisonimo
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November 19, 2017, 10:50:38 PM
 #1118

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.

Bitcoin losing its value is a relative term; it has been losing values and regaining it since I have been able to study the trend. But if talking about losing value completely, it isnt happening because of the technology of the blockchain with which it is being fortified. Bitcoin get lower with forks also happening severally but it has regained its stand. The investment platforms in which the bitcoin is invested in are the ones that can be changed and it being the ones that can be termed and thought as to have reflection.
tommy05
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November 19, 2017, 11:00:28 PM
 #1119

I do not think that bitcoin will fall sharply in the near future. Even if there is a drop, then after it there will be price growth
you are correct bitcoin fall will not be decided by anyone ! bitcoin price was decided by the market as long as people buy and sell bitcoins it was impossible for bitcoin to lose its value
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November 20, 2017, 12:12:04 AM
 #1120

I dont think that bitcoin will lose its value Gaibing so much popularity and also is widely used by some countries.

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