cryptosy
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December 19, 2017, 02:52:56 PM |
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I think there is a possibility for the bitcoin to lose it's value but not completely, not right now.Considering the rise and fall or bitcoin price in the market, we will never what and when it will happen
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selen
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December 19, 2017, 03:37:36 PM |
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bitcoin has just started and we will see it loosing and gaining its value many times
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fachant
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December 19, 2017, 04:29:49 PM |
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Of course, bitcoin can lose its value. It will not fall to 0, but the market needs to stabilize. The price may fall for some time, and then it will probably increase. It's still an unstable market.
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PatronRH
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December 19, 2017, 04:53:21 PM
Last edit: December 19, 2017, 05:52:29 PM by PatronRH |
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Since it's creation the price of bitcoin has exponentially increased. So if we are talking about a temporary decrease yeah that is completely possible yet I don't think the value will decrease because the number of bitcoins that are not mined is decreasing and the people using it is increasing. Once its all mined and still used by a lot of people ,the fluctuations of it's value will decrease and thus it could be used as a currency. At that point the price can increase so much as the world's ressorces would have to fit the limited amount of bitcoins.
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flower1024
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December 19, 2017, 05:22:03 PM |
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Of course, bitcoin can lose its value. It will not fall to 0, but the market needs to stabilize. The price may fall for some time, and then it will probably increase. It's still an unstable market.
Suppose if bitcoin come to zero value then in future no one will invest a single penny in any digital currency. I think it will never come to this value. People are waiting for price correction but when it happens, we don't know. Maybe before this year end, we may see a small correction in price. |
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Jmabion134
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December 20, 2017, 03:18:24 AM |
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Yes it is possible that bitcoin price will fall, when people panic to sell their bitcoins and people will sell again and again,so the bitcoin price will fall,i advice to all people who got bitcoins ,dont panic when bitcoin price will fall a little bit because theres a possibility that price will dump
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Choyor
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December 20, 2017, 04:13:15 AM |
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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.
All possibilities can happen. But as long as people are still operating Bitcoin and there are buying and selling activities in it, I think Bitcoin will never lose its value. and we can see that more and more are adopting Bitcoin these days, and that will greatly affect the value of Bitcoin to come. |
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StarofBTC
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December 20, 2017, 08:41:10 AM |
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It defend's on how the bitcoinee manage on this certain currency on how to convince bitcoiner trust bitcoin currency. Bitcoinee or the author of bitcoin is only the can make decision to lose it's value but as far as many people access and used bitcoin the value of bitcoin goes higher and higher.
But I don’t think so that will happen. Actually what is going on in the world, you have to see this. Bitcoins were nothing when they were in their starting years. Even in 2013 and around bitcoins were only for few bucks. And see them now, they have gone to thousands as long as time is passing by. So in future too, prices are tending to go upwards. Dips are there but prices will be higher. |
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The Monkey King
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December 20, 2017, 09:34:12 AM |
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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 possib because there is no impossible in this world, evwrthing can change. If there is no people trust bitcoin and depwnd onit I think it is the time that bitcoin will lose its value. Bitcoin can loose its value too if the people are nit investing nor trading on it. |
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randal9
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December 20, 2017, 11:57:25 AM |
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theoretically this is possible, but do you see any warning signs of this? I don't...it grows and develops...why should it lose its value?
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intoy_victor
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December 20, 2017, 12:32:50 PM |
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Base on my opinion and studying about bitcoin. Because bitcoin has an unstable value. Maybe it will be. But! Bitcoin is increasing every month.
However their is bothering me. Is bitcoin price is still like this next month?
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lossy
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December 20, 2017, 12:38:00 PM |
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Base on my opinion and studying about bitcoin. Because bitcoin has an unstable value. Maybe it will be. But! Bitcoin is increasing every month.
However their is bothering me. Is bitcoin price is still like this next month?
As you say bitcoin has unstable so what the price would be by next month is quite hard to say but due to growing networks and people being aware and having interest investing on bitcoins it's easy to say that it's more stronger and safer than before. |
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jinx029
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December 20, 2017, 12:42:43 PM |
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Bitcoin, like any currency, can lose its value. This can happen unexpectedly. But experts say that while Bitcoin will grow even more
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FUD Expert
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December 20, 2017, 12:43:39 PM |
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Yes it could happen. We are the reason why it has value today so if all of us will stop supporting bitcoin then it's going to be worthless as in 0 in value.
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davidmike04
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December 20, 2017, 07:59:04 PM |
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I dont think so, Eith the amount of investors pilling in and the way the coin market is growing, i dont think it could ever lose its value, Thats my point of view.
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shata
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December 20, 2017, 08:44:03 PM |
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Yes it could happen. We are the reason why it has value today so if all of us will stop supporting bitcoin then it's going to be worthless as in 0 in value.
Exactly. You've gpt the answer in my brain. We, People are the pilot or the guide of Bitcoin on its price. If we stop supporting Bitcoin, It will become useless and no amount. Bitcoin is so volatile and it can decrease and increase its rate and value at all times. If all the people here in the world become a supporter of fiats, And they leave bitcoin. Bitcoin will down its value into 0. It become useless and priceless. |
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MuffinMaster
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December 20, 2017, 08:59:36 PM |
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theoretically this is possible, but do you see any warning signs of this? I don't...it grows and develops...why should it lose its value?
It won't lose its value cause bitcoin is like a perfect machine it is coming and knocking to whole doors and making himself the most popular way of paying in every country, but it need time only! |
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matanglawin
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December 20, 2017, 09:22:17 PM |
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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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing. |
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youdacapt
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December 21, 2017, 12:13:44 AM |
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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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing. there is a degree of correction where bitcoin prices will not fall to the price of the previous period, there is always a significant price foothold, about the possibility of bitcoin for loss of value are two main aspects that may apply: the stance banning the majority of world governments, or failed hardfork systems. Bitcoin still has the potential to not continue due to several important things. |
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hashtag101
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December 21, 2017, 09:09:26 PM |
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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 won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about 4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing. there is a degree of correction where bitcoin prices will not fall to the price of the previous period, there is always a significant price foothold, about the possibility of bitcoin for loss of value are two main aspects that may apply: the stance banning the majority of world governments, or failed hardfork systems. Bitcoin still has the potential to not continue due to several important things. At current, I think the main of reason can makes the Bitcoin price decreases is the transaction fees and the status of Bitcoin network. There're a lot of traders FOMO by the news of devs Bitcoin.com sold all Bitcoin to transfer in Bitcoin Cash, I think it is also a reason. |
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