Will bitcoin get back to it's first time value?

[Armstand]

Bitcoin was always very volatile, but it is very unlikely that the price will go back to its first time value, because the degree of recognition is nowadays unlike higher than it was at its beginning.

I do not see how banks trying to create their own blockchains for their countries is related to Bitcoin, because it is very doubtful that their systems will be also decentralized and everyone can benefit of it.

True Bitcoin is as it is what you've mentioned, but it is very soon to say that it will have its big fall since Bitcoin itself is still very young and also new to the public so it will have its time of reign. But still its not an easy thing to say since Bitcoin has very great results in just a short period of time. But I'm sure that we might not see that day, I mean it will eventually happen but not in this time period that we are currently in.

Bitcoin has been volatile since and it is hard to say to back its first time value. As this is becoming more demand and users. The more users the higher its demand and I can see it will continue to increase the value.

it will not go back on its original price,it may decrease but not in the extent that it will dump that much. User's added every now and then, and more gets attracted on it.

[marcuslong]

With constant speculation about the value of bitcoin, China claiming to ban exchanges of bitcoin, and some banks trying to create their own blockchains for their countries, What will happen to bitcoin if this become true? Will it be still used ? will it not be worthy anymore ?

It will the same bitcoin in china will remain bitcoin and the price will be more or it will be doubled the price there however if this speculation became true then the price at the moment will be doubled too or triplle we do not know the exact prediction for this it is totally worth it for sure we can be granted for that.

[wurth]

Bitcoin was always very volatile, but it is very unlikely that the price will go back to its first time value, because the degree of recognition is nowadays unlike higher than it was at its beginning.

I do not see how banks trying to create their own blockchains for their countries is related to Bitcoin, because it is very doubtful that their systems will be also decentralized and everyone can benefit of it.

True Bitcoin is as it is what you've mentioned, but it is very soon to say that it will have its big fall since Bitcoin itself is still very young and also new to the public so it will have its time of reign. But still its not an easy thing to say since Bitcoin has very great results in just a short period of time. But I'm sure that we might not see that day, I mean it will eventually happen but not in this time period that we are currently in.

Bitcoin has been volatile since and it is hard to say to back its first time value. As this is becoming more demand and users. The more users the higher its demand and I can see it will continue to increase the value.

it will not go back on its original price,it may decrease but not in the extent that it will dump that much. User's added every now and then, and more gets attracted on it.

Of course that future never happens, unless Bitcoin will be die in someday, but almost investors do not hope that future become the truth. But the price of Bitcoin can dump to below $1,000 or higher than this price, it is my opinion.

[angaper]

Bitcoin has come to stay, because it is covering a real need that did not exist. Over the years there may be new threats and continuous technological developments that may make the current developments that have given rise to the development of the blockchain pale, but while that happens we can be sure that bitcoin still has a large space for development and will be valid for many years. I believe that even when the bitcoin market matures and stabilizes to not grow further, its price will be high enough to think that a return to prices below $ 1,000 will be possible.

[surix]

No, never. It's a developing currency and even with such bad news from China the price only adjusted a bit. No way it will go so low again.

[bitcoinrays]

I don't think that bitcoin's price will drop that low. Yes the price had been on a slump for a while due to the news regarding China banning ICOs but that's not gonna be enough not even close to make bitcoin drop to its original value. Bitcoin's price will still increase and there is still a whole lot more to come for bitcoin.

There was a time when bitcoins were even offered by others free of cost and once it was available for even 12 dollars. If someone will says that bitcoin will reduce to that much amount, honestly tell, will not people laugh at him? Bitcoins can never ever decrease to that value again.

[erik m.]

I'm sure this is not going to happen.
Unlike the US dollar, the Bitcoin supply is really limited. (a good percentage of it is already lost, because of people who lost their coins, especially those who did not see value in it in the early days)
With such a limited supply, a few rich guys would not have much problem buying every coin at extremely low prices.

[komjhq]

I'm sure this is not going to happen.
Unlike the US dollar, the Bitcoin supply is really limited. (a good percentage of it is already lost, because of people who lost their coins, especially those who did not see value in it in the early days)
With such a limited supply, a few rich guys would not have much problem buying every coin at extremely low prices.

if we consider how Bitcoin bought another record of about $ 5,000 by its price, I very much hope that he will return this price and by the end of the year we will see another record. According to big forecasts, it was already said that 2017 could end up $ 7,000 for Bitcoin.

[mozillaspez]

Bitcoin will never return to the price when first appears. I think, bitcoin would be even more popular even though China blocked it. Bitcoin worldwide, and bigger than China's influence.

If you are talking about 1000USD then you are right because it will goes around 5000USD in the end of year so i will say that we should stay positive about bitcoin and ignore false news.

[Oo ako to]

Like $200? That is very ridiculous. You must be imagining the possibility where bitcoin would die and how much its price would fall in the very worst way. The only way to go for btc is up and many tough issues surfacing bitcoin has  already happened in the past.

[sasaku bitbit]

I am confident and believe if bitcoin will return with the first value from the fall that is $4900 in the beginning of september, and this is also the price of the bitcoin almost reach $5000. from some of these days the price value of bitcoin still in last. maybe this has become uncommon in the bitcoin, I strongly believe the value of bitcoin will continuously increased up to give happiness to the users of the bitcoin

[bitcoinisbest]

Bitcoin will never return to the price when first appears. I think, bitcoin would be even more popular even though China blocked it. Bitcoin worldwide, and bigger than China's influence.

This could turn out to be true only if there are more pre-dominant countries who hold good % of the trades starts to legalize or accepts the btc. If other countries does not follow the China and go the Japan way then yes we can have a good future else it would be difficult to see bitcoin going to far in the price.

[denny27]

I haven't yet thought it at all that the value of bitcoin will return at the first time. I think it seems unlikely that bitcoin will really returns to the first its value, certainly although in one a country such as denying the presence of bitcoin will be a lot of defense or support from another countries that can continue to support the present of bitcoin or using of bitcoin.

[Ararbermas]

No, never. It's a developing currency and even with such bad news from China the price only adjusted a bit. No way it will go so low again.

Yes that true i am full agree with you even its keep crashing sometimes beacuse of some reason it will never be back to its firts value. It will rise again because there's a lot of crypto community that using this currency even china banned some ico .for me the reason why bitcoin suddenly fall because they give us a chance to buy a cheap price and sell to high price. Thats why bitcoin always volatile.  It is just my opinion  and this prediction will never be granted ..i hope.

[aencarnaci]

No, never. It's a developing currency and even with such bad news from China the price only adjusted a bit. No way it will go so low again.

Even if it goes low, it does not mean it won't rise back up again. We cannot predict its volatility, that is one thing for sure but we know at this stage, it has so much prospect and it is having a great impact that it is impossible for us not to experience a huge growth soon with or without China.

[richkellj]

china is only politicizing popularity of bitcoin and cann't ignore for the long term. It will never happen if bitcoin will return to the previous value because conditions are different. Now just about equalization not an introduction as first appeared.

It definitely is a political decision by China to shut down Bitcoin exchanges. As we have seen now, almost half the losses from the previous all time high have been erased. We are now seeing Bitcoin inching up even higher, but I think we are restrained by uncertainty regarding the November fork.

I do not think the November fork will really have so much huge effect on the value of bitcoin and will just occur, with the community moving on normally just as the August fork. Usually, with the FUD that surrounded the August fork, one would have thought it to be the one to have a major effect, which to the surprise of everyone, it only brought about another quick huge pump. However, for bitcoin to get back to that extremely lower value, it is very close to impossible at this stage.

[XCANA]

With constant speculation about the value of bitcoin, China claiming to ban exchanges of bitcoin, and some banks trying to create their own blockchains for their countries, What will happen to bitcoin if this become true? Will it be still used ? will it not be worthy anymore ?

Who ever is waiting for the value of bitcoin to return to where it was back then in 2010 will wait in vain because despite the recent ban of bitcoin exchange activities by Chinese government, bitcoin value remain stronger than ever before which shows that it's value will never return to what it was in the past.

[arpon11]

Bitcoin may never fell back to it original value again and of a truth we may never get back to were we are this time last year again. China banning of exchangers activities can not bring bitcoin down and bankers are afraid of blockchain technology because they know it is  going to take their Job from them. Bitcoin has performed very well since the FUD created by the Chinese government that bitcoin will be banned in China.

[ThunderCatSteve]

Bitcoin was always very volatile, but it is very unlikely that the price will go back to its first time value, because the degree of recognition is nowadays unlike higher than it was at its beginning.

I do not see how banks trying to create their own blockchains for their countries is related to Bitcoin, because it is very doubtful that their systems will be also decentralized and everyone can benefit of it.

True Bitcoin is as it is what you've mentioned, but it is very soon to say that it will have its big fall since Bitcoin itself is still very young and also new to the public so it will have its time of reign. But still its not an easy thing to say since Bitcoin has very great results in just a short period of time. But I'm sure that we might not see that day, I mean it will eventually happen but not in this time period that we are currently in.

Bitcoin has been volatile since and it is hard to say to back its first time value. As this is becoming more demand and users. The more users the higher its demand and I can see it will continue to increase the value.

The volatility is good for us especially for traders. If it becomes stable in terms of price, we can't make Money from bitcoin and alt coin trades.

I don't think bitcoin dill divert to its first time value never.

Obviously, volatility has always been every pro traders desire as it is like a free rain of cash if you know how to play it right. Although this may seem to some people as a challenge probably to those who just admire panicking for nothing, but it is usually more of a blessing in disguise.

Even if the price gets stable, we can still make money but may not necessarily be as huge as we are making presently, except for the fact that the volatility by then will be lower compared to what we have now, but I do not think of this as a problem cause we are not even close to that level yet.

[el kaka22]

Bitcoin will never return to the price when first appears. I think, bitcoin would be even more popular even though China blocked it. Bitcoin worldwide, and bigger than China's influence.

China did not block bitcoin and neither did they ban bitcoin. The only thing they did was shutting down exchange for now which apparently makes it difficult for anyone to exchange what they have into fiat. But there is no law or policy stating bitcoin as illegal or other activities surrounding bitcoin as illegal, otherwise, miners in China would have been soaked in their tears by now.