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

[Leane Lee Natividad Cuenc]

For me i dont have any idea for now because i am a newbie here...😊 But it seems Bitcoins has a good value..so no need to worry about it for now.

[keyscore44]

In my opinion not, cause people make this coin everyday more profitable and its price is still growing cause of bigger amount of users which wants to invest in it.

[WannaCry]

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.

Perhaps when all the bicoin users around the world decide to not value bitcoin anymore, then that's the time that it will lose it's value. Also, when people stop buying it then it will increase the chance of it to be not valued by everyone by then. When the internet all over the world will be gone, it will also lose it's value.

[mikslazaro]

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 possible for the bitcoin to lose its value in the future. There are many cryptocurrencies out there that have the potential to grow and develop more. I think in the future, there will be new cryptocurrencies that will rise that have better features that bitcoin. As a result, people will use that instead of bitcoin and may cause bitcoin to become worthless.

[Dondon1234]

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 you are right,I'm agreed with you .. There's small chance that bitcoin will lose its value as the founder ever stated it, such as ; bitcoin will rise or lose its value in 20 years. But, I can't find any scenario why bitcoin could crash and lose all of its value, I mean bitcoin price already reach over $3000 and many people keep buying and more adopters join the community. Look at Japan which has legalized bitcoin as legal payment, many companies in there accepted bitcoin transaction, even an airline. That what makes it could survive another 5-6 years later. And We all know that the law of supply and demand is applicable here in bitcoin so the only time bitcoin may loose its value is when most of the people in the community stop on demanding bitcoin...

[Lasvista]

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 is possible the bitcoin drop its rate like in the past or when the bitcoin is starting to grow. The reason why the bitcoin is dropping the value is when the miners didn't mine for solving a computational problems to make a bitcoin to a block chain from the transaction from itself. And the other possible thinks is when there are many investors in bitcoin so that the value is just being drop by the normal rate.

[Chooroz]

I think it is very impossible that the value of bitcoin will loose it because we all know that the popularity of bitcoin is totally increasing there are many people who are now discovering  bitcoin and in that wag bitcoin is getting more stronger so that is very impossible that the value of bitcoin will lose.

[tawfiquecse]

Everthing possible on internet. In bitcoin, nothing is impossible.It is 100% possible. And actually Its possible to happen if people stop investing and using bitcoin or no one can use internet that is i know the main reason to lose the value of bitcoin. But i think it will not happen that for now and coming years.

[Copulative]

On the off chance that we are discussing a diminishment in the cost of a bitcoin in future, at that point I think there can be a ruin or perhaps it never happens. It's not possible for anyone to tell the future with supreme conformance. Up until this point, bitcoin has not lost its esteem rather the inverse is occurring.

[Mrjitter]

Bitcoin for the present is more grounded than some time recently, losing its esteem is relies upon the holder of itself you should know your confinements utilizing your bitcoin to make it no esteem. Bitcoin for the time being is fluctuating yet at last its has dependably has an awesome esteem that financial specialists like such a great amount in bitcoin. There is a ruin however quickly it will be recouped dependably.

[guxu219]

We can never have a steady cost in bitcoin, the cost is controlled by the damand for bitcoin in the exchanging market. At the point when there is popularity you will see the cost of bitcoin expanding and furthermore when the request is low we expect fall in value, as in August the cost of bitcoin was high however couple of weeks back we witness a little defeat in the cost of bitcoin.

[leexhin]

Bitcoin lost a lot in past years but now i don't think that will happen. Bitcoin may decrease its value but it will never lose its value pemanently.

[Sexie]

Hopefully the Bitcoin value will never fall, because this is the  only  thing that people need for the betterment of their lives.

[goldcoinminer]

Everthing possible on internet. In bitcoin, nothing is impossible.It is 100% possible. And actually Its possible to happen if people stop investing and using bitcoin or no one can use internet that is i know the main reason to lose the value of bitcoin. But i think it will not happen that for now and coming years.

We have to believe that bitcoin will continue to succeed, if we lose belief then maybe that time bitcoin will slowly to fall.
It's us who are making the price to go up and more valuable and what I see now is that bitcoin has really become a useful tool for online transaction
so as long as there are no hindrance, we will continue to go up as the demand continue to increase.

[supine]

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 the only scenario that could push bitcoin to lose it's value is by the internet to be totally gone all over the world. I've read something about people disregarding it's value. No matter how many or even all people decide not value it anymore, there will always be people who are opportunist who will take it as an advantage and could cause others who already abandoned bitcoin to go back.

[Naoko]

as they say, everything is possible...but the fact is, that there is no reason to lose the value...bitcoin is stable and it will still be such a while

[musharaf]

Everything is possible in this world like bitcoin is currency and the fluctuations occur in this currency on regular basis. It is possible for bitcoin to lose it’s value I am not sure that it will really happen in the future. but the bitcoin is famous now and it will grow more because the demand is still at high.

[hritevanz]

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 is possible that bitcoin will lose its value because nothing is impossible in this world. We never actually expected that there will be a digital currency and what more to lose its value right? The bitcoin value is fluctuating and for now, the value of it is stable. But still future is not certain and for sure up and downs is on their way.

[MarioLuck990]

As long BTC is PoW and few miners control it soon or later will return to 0. Why? Because people will find out how they manipulate the price for their benefit, and that an attack or a natural disaster in mining farms could make BTC not  usable for long long time, and after new miners come, fee will be huge and nobody will trust it anymore.
BTC is going to face these problems in the future.

[Tantlizbat]

For me i dont have any idea for now because i am a newbie here...😊 But it seems Bitcoins has a good value..so no need to worry about it for now.

As price depend in the users and their trend and whenever the desired price of most people come and they sell their coin price get drop a bit but now as you said price is above 9000$ on this moment the chance of falling is zero because whole investors are united to give more progress to bitcoin and their motives are to hold until rice crosses 12000$ and on that time prices will be declined a bit to attract more peoples.