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

[pitiflin]

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 ?

Ah.....Bitcoin 's initial value, would love to see that happen as an investor because you will buy a lot of bitcoin and wait for a few years for the price to increase and then sell for a profit or maybe even wait further more for a few more years and then sell for a big profit and maybe invest back in bitcoin or anything else which would give me a good profit. The cycle will just go on and on. 

[Wingo]

With the price of bitcoin, I don't think they can destroy the use of bitcoin. The reputation of bitcoin is far from being defeated by a newer currency for example are some altcoins that are too far from the height of bitcoin. The world of blockchain is led by bitcoin, it cannot be easily removed from where it is standing.

[douglock]

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 ?

There is no bad effect at all so do not worry about that. Banks are centralized and if they make their own cryptocurrencies and blockchains, there will be not many people using it unless you do not have knowledge about the blockchain. Ordinary citizens might use it because the government will force them. And, bitcoin will still grow and nothing can stop it

[CryptoBeefy]

I think crypto is the future, as the world spirals to further uncertainties and cock ups, more and more will be attracted to decentralisation ... Just need awareness to keep growing

[Islampower]

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 ?

hello  
the bitcoin is not yet stable and there could be another large correction wave
one of its major causes and the Segwitx2.

War of statements between the whales returned

Where the 2 Segwayet support was announced by f2pool
It is one of the largest Chinese minerals
For information this update on Bitcoin is very modern
It was approved in May and today the statements began to stop him
This can affect the price of the bitcoin push the people to metabolize cash or etherium
Circulate cautiously
Not a call for sale but caution is required.
for more info, I see invites to visit this link
https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/?fref=gc&dti=964425053606643
cordialy

[Cacaparg]

i also think that it is not pissible, because a lot of billions invested in  bitcoin mining, activity, and business, and all of us are familiar with bitcoin code and algoritm.

[BUK2016]

The question of whether bitcoin will get back to its first time value? Is out of the place because I don't believe such a thing will ever happen even if China and any other country should ban the use of bitcoin in their countries. Bitcoin value maybe negatively affected but not to the level of declining to its original market value.

[Vaculin]

The question of whether bitcoin will get back to its first time value? Is out of the place because I don't believe such a thing will ever happen even if China and any other country should ban the use of bitcoin in their countries. Bitcoin value maybe negatively affected but not to the level of declining to its original market value.

You're right.Even if some countries are going to banned bitcoin from using it,i'm still very positive that bitcoin will still increase its value and not by going back to its original value.I'd say its very impossible because bitcoin at the present is much more advanced compared to bitcoin in the early times.And also lot of people are already recognizing it already.

[Kisanaq]

i also think that it is not pissible, because a lot of billions invested in  bitcoin mining, activity, and business, and all of us are familiar with bitcoin code and algoritm.

Yes it is true, and more and more developers are constantly innovating to fix bitcoin so it's impossible for bitcoin back to it's first time value. bitcoin is the future and expectation of the world financial system, so I'm sure bitcoin value will continue to increase.

[btcdevil]

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 ?

Bitcoin wont die if china ban and other bank or country creates their own blockchanin because bitcoin is not controlled by any one and this all are controlled by developers so it is same like fiat currency.

[X7]

Bitcoin's first time value was less than one cent... not sure you gave consideration to this question.. do you really think it will get there... ever... it can't even drop below 4k for long

[batang_bitcoin]

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 ?

China did an effect but that's crazy and exaggerated to say that it will be back at it's first value or zero value after it's created. And even those banks will make their own blockchain, still they will rely to bitcoin believe me. People loved crypto especially bitcoin and those FUDs about the ban are clear now, China's ban is just temporary.

[Astvile]

Its a hell no i think,look at how bitcoin grow from the start up to now,it ride a long way up to get to this mark,and i dont think holders will let that happen if they will not benefit into it

[Casdinyard]

The CHINA ban is just FUD, so ignore that. People spread these rumours to manipulate the price and to cause panic. When

the price drops, they buy coins at cheap price. On banks creating their own Blockchains, you should know that there are a

big difference between a PUBIC Blockchain like Bitcoin and these permissioned PRIVATE Blockchains that are being created

by banks. These Blockchains are centralized and based on a failed model. {Fiat} 

Of course these are all part of the show and many are trap with these BS and they sell their bitcoin in a non profitable price. China wants to manipulate us as well as creating their own exchange. The ICO banning is for temporary only, when they already bought their specific target of low price bitcoin they'll remove the ban and make some hypes to pump the price of bitcoin. So wise of them.

[lucifochrome]

No that won't happen. Although if it drops down to the same price as it was when it first started a lot of people will buy bitcoin however there are also people that may think if bitcoin is still a good investment. In reality it will not drop down to the same price but due to high volatility it may drop 1k usd then rise back up again.

[crustez00]

i think for what's going on in china not bring some big impact on bitcoin, coz its price already became stable again, right? and bitcoin is still developing in many country too. It price would still goes up 

[Charot12345]

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 ?

I think it will not affect bitcoin price or will not drop very much by that. And ibitcoin value will not  go back to its first time value just because the China ban the exchanges of bitcoin. And many other countries well legalize and will not ban it. Even though the price of value fluctuates and drop down but it will not drop up to the first value. And also because of the demand in the market they will not let it happen

[xaviervilla]

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 ?

Nope, I really don't think so. Because bitcoin has proven itself all over the years that it can withstand any adversities and overcome them while being better afterwards. And I sure am going to choose to put my money on something that has more experience. And I don't think anyone in the right state of mind would do otherwise. But then again, nothing is sure when it comes to cryptos, so we'll just have to wait and see.

[arbelian]

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 ?

I dont think that Bitcoin go down to the level of its first value because it is already established and though China  ban the exchanges in their country Crypto world will not stop to be visible because China is not the only country who patronize Bitcoin it is used all over the world.

[ramsdaj28]

I do not think it's possible that Bitcoin's value goes back to its first value, even though the Chinese government is currently heavily blocking in their country. while China is blocking, maybe bitcoin is developing in other countries.

I think that it’s possible for Bitcoin to get back to its original value since the people that are holding Bitcoin are trying to make money from it. If Bitcoin gets up to a high price I think that there will be a major dump that will cause the value of Bitcoin to fall down to more than 90% of its value overnight. The price may recover from that, that’s when more money will be put into Bitcoin because of the strength of the market.
Going back into the market should be pretty nice when there is a lot of opportunities to make money.

That's possible, but not probable. I mean, yes, bitcoin might drop to it's lowest in last 3 years, but the chance is not that high. Bitcoin had already a strong foundation when it comes to its marketability. A lot of people are using bitcoins around the world, and its circulating almost every second. It's not really probable that bitcoin will go back to its initial value ($0.08, really?). That's too far from reality.