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

[n0ne]

1. Speculations are not new.

2. If China bans Bitcoin exchanges, then yes there will be an impact on the market and might be huge too. But market will ultimately recover. We have seen Mt. Gox period as well. I am sure dump wouldn't be that huge.

3. Next, banks creating their own cryptocurrencies. This will rather strengthen the Bitcoin market. As banks will try to popularise their currency, people will become aware of other cryptocurrencies as well where Bitcoin will gain the most attention. Everyone like to invest in the best currency.

That's true, and an interesting point of view ! The 3rd one specially, because it will indeed increase people knowledge in blockchain, and in bitcoin, because it was the first one implemented and it is decentralized, a big point in these days high involved banks with our money.

Decentralization is good, but apply it to realitty does not easy like your thought. Banks have said they understand the benefit after use blockchain technology to their system, but you have to remember, they need have time for develop and testing before apply to using.

The price of bitcoin continues to fall and may be this will reach lower than the current price depending on the ongoing issues with the Chinese market. Banks are with plans of adopting bitcoin in the past, but things went opposite of the plans when the banking sector got affected large scale through bitcoin. This seems to be the ongoing issue in China.

[cexylikepie]

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 depends on what will happen in the next few months or years maybe the price will go down but not like when its first release by nakamoto and i think going back to zero is not happening right now, because it is popular and many people earn profit from it,but there are lot of coins out there if bitcoin will go down maybe there will be a new one.

Very simple, do you think a market have billion dollars like Bitcoin will be zero after all? No, it never happens, you do not need to worry about a future cannot hapens. Of course, it not is bad idea, you can take advantage it like a notice for remind you always rememer the risk of this market.

[BitSat]

1. Speculations are not new.

2. If China bans Bitcoin exchanges, then yes there will be an impact on the market and might be huge too. But market will ultimately recover. We have seen Mt. Gox period as well. I am sure dump wouldn't be that huge.

3. Next, banks creating their own cryptocurrencies. This will rather strengthen the Bitcoin market. As banks will try to popularise their currency, people will become aware of other cryptocurrencies as well where Bitcoin will gain the most attention. Everyone like to invest in the best currency.

That's true, and an interesting point of view ! The 3rd one specially, because it will indeed increase people knowledge in blockchain, and in bitcoin, because it was the first one implemented and it is decentralized, a big point in these days high involved banks with our money.

Decentralization is good, but apply it to realitty does not easy like your thought. Banks have said they understand the benefit after use blockchain technology to their system, but you have to remember, they need have time for develop and testing before apply to using.

The price of bitcoin continues to fall and may be this will reach lower than the current price depending on the ongoing issues with the Chinese market. Banks are with plans of adopting bitcoin in the past, but things went opposite of the plans when the banking sector got affected large scale through bitcoin. This seems to be the ongoing issue in China.

But its not going to effecting too much that we touch again zero value now this is Billion $ market and its have some bad times in past already but never go down too much same happening this time few countries like Japan and Philippine already adopting this and few from Western Europe doing research and analysis this can bring good change in near future

[game-protect]

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.

[xhienigat]

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.

Agree! I don't see bitcoin going down on its first price years ago traders and big investors will not allow that to happen and if that will happen all crypto will get affected. I think the bear that we see now is just because of FUD after this bitcoin will go back and so the altcoins.

[Darwintas]

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.

I think it cannot go back to its first value because of the fact that it just cant even if it goes below 100 it will still not go back to its original price and that is why it will stay high and high and you just need to believe in it.

[Cocobrayy]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

[jvdp]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

[allohha]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

The fact is that the split that occurred in August 1 did not give a negative affect on the price of Bitcoin. A month later, or even more, the excitement on the stock exchange began on another occasion. But if you already give one more plug, then how it will affect pricing is very difficult to say, especially judging by the situations that today exist in the Bitcoin world.

[Clark05]

Bitcoin become more powerful again and for sure it will increase again more than 5k dollars because as of now the price is 4k dollars . Many people buy bitcoin so bitcoin price is not worthless or no value. Bitcoin price is very worthy because if you have bitcoin you can earn a lot of profit. Dont worry if china ban exchanges of bitcoin because even without their help we are here to support bitcoin.

[Cocobrayy]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

Yes in my opinion also will never experience bitcoin value back to the beginning. But we do not know what the future of bitcoin will be. because no one can predict when bitcoin goes up and down. Indeed on August 1, yesterday bitcoin rose and began to rise, but lately bitcoin continues to decline. so anything can happen if it's time.

[whaawh]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

Yes in my opinion also will never experience bitcoin value back to the beginning. But we do not know what the future of bitcoin will be. because no one can predict when bitcoin goes up and down. Indeed on August 1, yesterday bitcoin rose and began to rise, but lately bitcoin continues to decline. so anything can happen if it's time.

generally occurring During August 1, not an indicator, because in some cases Bitcoin even strengthened its performance and grew in price by more than 800 dollars. Although all the predictions about the plugs were negative. Today, the excitement from the Chinese government and is still expected in one thought, so you do not need to predict anything.

[ButtCrack]

Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.

Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value.

Yes in my opinion also will never experience bitcoin value back to the beginning. But we do not know what the future of bitcoin will be. because no one can predict when bitcoin goes up and down. Indeed on August 1, yesterday bitcoin rose and began to rise, but lately bitcoin continues to decline. so anything can happen if it's time.

generally occurring During August 1, not an indicator, because in some cases Bitcoin even strengthened its performance and grew in price by more than 800 dollars. Although all the predictions about the plugs were negative. Today, the excitement from the Chinese government and is still expected in one thought, so you do not need to predict anything.

If like your said, you think we have passed the situation Bitcoin drop down below $1,000 and do not need to care the price of Bitcoin in future, right? But there is have not asset can keeps the value always high, it needs to falls down and correction every time.

[NoNetwork]

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.

[liseff3]

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.

[aso118]

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.

[Gotomoon]

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.

[slowlii]

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.

[mindfly09]

We know that never thought of everybody's that the bitcoin is down permanently and return to the previous value. Because bitcoin know is the most famous concurrency around the world, and millions of people invest in bitcoin. And many profitable earn here. There is a nation that bans bitcoin, but there are also countries that are new to bitcoin and legalize. So impossible to return to the previous value because bitcoin so far has been increasing and increasing the value.

[Iveyalla]

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.