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

[Mainman08]

Because of its high value right now. Bitcoin cannot easily lose its value. It is posible but it will take a long period of time before it will happen.

[1715049458]

1715049458

[BaraxLo]

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...

Trading even with altcoins is also risky because you never know exactly what is going to happen in the next moment in crypto market. Trading with bitcoin is riskier just because you cannot afford losing the most expensive digital currency at any cost and trading is bit unpredictable for those who are new to this field whereas as you said, holding bitcoin for long term is highly profitable and there is no risk in it.

[hangar18]

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...

Trading even with altcoins is also risky because you never know exactly what is going to happen in the next moment in crypto market. Trading with bitcoin is riskier just because you cannot afford losing the most expensive digital currency at any cost and trading is bit unpredictable for those who are new to this field whereas as you said, holding bitcoin for long term is highly profitable and there is no risk in it.

In cryptocurrency, trading altcoin - bitcoin is normal because almost the profit all from this pair. If you are trading Bitcoin - USD, you are trading as forex market and it is not the real nature of cryptocurrency market. The fluctuation of altcoin is the most interesting point in this market and it attracted many traders.

[Visbay]

If something goes wrong then the value of bitcoin will just go down hard which is the worst case scenario that may happen in bitcoin and that is the reason why the price of bitcoin is very volatile because it is just depending on the reaction of the people and it is also the reason why the risk is so high in bitcoin.

I think it’s very hard to even believe that bitcoin can lose its value if bitcoin price stay remain on one place so then I think there is a chance that bitcoin can lose its value and I’m sure its will never be happen because bitcoin know how to maintain its value with high price so bitcoin is such a currency which don’t compromise on its value and in next year  bitcoin price will go more high and will become more strong then ever and my best wishes are with bitcoin all the time.

[mifanmuzny]

I dont think this will happen ever coz lots and lots of people are accumulating bitcoins right now so do we speak.. This is gonna be a journey to Jupiter so buckle up..

[goldcoinminer]

I dont think this will happen ever coz lots and lots of people are accumulating bitcoins right now so do we speak.. This is gonna be a journey to Jupiter so buckle up..

It seems like bitcoin is going consistently uptrend, this should make people rich especially if they invested when the price is very low.
For investors like us, we do not believe bitcoin will loss its value because we will continue to support by using it.

[stayeduptolate]

If something goes wrong then the value of bitcoin will just go down hard which is the worst case scenario that may happen in bitcoin and that is the reason why the price of bitcoin is very volatile because it is just depending on the reaction of the people and it is also the reason why the risk is so high in bitcoin.

I think it’s very hard to even believe that bitcoin can lose its value if bitcoin price stay remain on one place so then I think there is a chance that bitcoin can lose its value and I’m sure its will never be happen because bitcoin know how to maintain its value with high price so bitcoin is such a currency which don’t compromise on its value and in next year  bitcoin price will go more high and will become more strong then ever and my best wishes are with bitcoin all the time.

Yes everything is possible.Although we cannot predict the future,but we can say that Bitcoin can loose its value. Bitcoin has reached a new height and its value is almost $10,000. It is a leading cryptocurrency today and all the other cryptocurrencies and old coins are regulated with respect to it but we have to keep in mind the fact that Bitcoin is very volatile.

[abnoy]

i think its possible because bitcoin dont have stable price so it can lose value

[arief89]

This is very possible because the world of criptocurency is unpredictable, if bitcoin has no demand, then definitely bitcoin will not have value, because bitcoin value is determined by the user of the bitcoin itself ...

[lucy1215]

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 5-6 years time the value of bitcoin would depend on the investors if they would still continue to support and invest in bitcoin. With the current value of bitcoin it is impossible to loose its value and the value are getting stronger as day goes by. So loosing its value is not feasible at the moment the demand is getting higher.

[whyrqa]

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 5-6 years time the value of bitcoin would depend on the investors if they would still continue to support and invest in bitcoin. With the current value of bitcoin it is impossible to loose its value and the value are getting stronger as day goes by. So loosing its value is not feasible at the moment the demand is getting higher.

I always assumed that Bitcoin and other crypto currency is in the risk zone, so all who invest their money in the crypto currency risk their money. But to date, These coins are very huge money.

[usorin]

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 won't happen because the technology behind cryptocurrency it is viable, it has a lot of applications in several domains so, as long as there is a continuous need for bitcoin the value of it won't be lost.

[kolbalish]

Everyone knows that nothing is impossible in the earth. According to this,it is possible for the Bitcoin to lose it's value. But I think that it will happen in the next year probably. Because, Btc price is increasing now.It will decrease very soon.Then Btc will lose it's price.

[Astvile]

Yes it is possible for bitcoin to it's value. since it happened in the late 2013 where it loses more or less 80% of its value. tho it bounces back, the recovery took too much time, people sold in panic, but those who hold their coins won big time.

so yes, bitcoin can lose it's value but it's hard to say when and why it will happen.
if ever, i think the recovery take some time before it rises up again

[BlackRock]

It's possible to lose its value if there will be no one who will support bitcoin when its value drops very low, and all the users will sell their bitcoin. However, I don't think it will happen now because bitcoin always recover for how many weeks after it drops. And as of now, bitcoin is becoming more popular that its demand and supply keeps on increasing. And a lot of people supports bitcoin when it drops, and they still have trust on it.

[Gladiator25]

Yes, because nothing last forever. I mean yes it can have a possibilty to lose its value, but not this year, maybe in the next 10 years. Because as we can see bitcoin is the most used in the crypto world. Also, we can see that bitcoin haa beaten the currency of a gold. But in the upsides times there is also a downsides, just like what happened lately that it goes down in a matter of time. I can say that there is a possibility that bitcoin can lose its value in the future. Because there will be a new system or currency.

[Kazuyukie]

with the way it is nowadays, its really unlikely for bitcoin to lose its value, and for sure the investors, traders and all the people who are using it for there own interest won't allow something like this to happen specially now that Bitcoin is in unstoppable mode.

[Senja Kemuning]

I think everything is very possible, bitcoin is decentralization, it all depends on the user, if someday all users run then bitcoin will lose value and eventually die. but I do not think it will happen in the near future.

[buytheeffinD]

Yes this can happen for sure but something drastic would have to happen in order for bitcoin to lose over half its value. In my mind the only thing that can really cause a crash like that is what happened in 2013 with Gox but others seem to think the government can regulate it heavily and crush it. Others also think that governments may conspire to buy a lot of it up and smash sell which would also crush confidence. Take your pick a number of things can happen but in all honestly I think they are unlikely at this point but never rule them out. That is why it is best to be safe while investing!

[arallmuus]

Yes this can happen for sure but something drastic would have to happen in order for bitcoin to lose over half its value.

Such as ?

In my mind the only thing that can really cause a crash like that is what happened in 2013 with Gox

We have long past that old tragic, it wont happen again and even if it does then the effect wont be as huge as before

but others seem to think the government can regulate it heavily and crush it.

Some people do and it is essential for the goverment to do it, unless they do it then they wont stand a chance against bitcoin

Others also think that governments may conspire to buy a lot of it up and smash sell which would also crush confidence.

Not going to happen

Take your pick a number of things can happen but in all honestly I think they are unlikely at this point but never rule them out. That is why it is best to be safe while investing!

There is nothing certain and especially with the huge exchange rate of over $10,000 , bitcoin could be consideres as a really high risk investment as of now