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

[arnux]

Very much doubt it. I don't we'll see those low levels now people have seen it at this high. Bitcoin has had more publicity that ever since it's hit these highs

[dmamigo]

Bitcoin being going back to starting value is quite impractical at the moment, the demand is rising and though you might hear speculation from various countries for banning it, they will most probably regulate it. And it will bring more users adn gradually the price will increase.
If Bitcoin is totally removed from our world, then only its possible to see the starting value of BTC, which is for sure way too impractical.

[maku]

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.

Actually, I am rather glad that Chinese officials have pulled the plug on ICOs. I don't like them and I find ICO market highly speculative and harmful for crypto based economy.
I am indifferent to bitcoin<->yuan ban because this is a hindrance of some sort for bitcoin users in China, but at the same time, I don't think that it will prevent people from cashing their coins.
Chinese P2P trading is strong and most traders moved to it after previous trade-withdraw blockade anyway.

[Bezobraznike]

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.

Actually, I am rather glad that Chinese officials have pulled the plug on ICOs. I don't like them and I find ICO market highly speculative and harmful for crypto based economy.
I am indifferent to bitcoin<->yuan ban because this is a hindrance of some sort for bitcoin users in China, but at the same time, I don't think that it will prevent people from cashing their coins.
Chinese P2P trading is strong and most traders moved to it after previous trade-withdraw blockade anyway.

   
   China is not all world, it is just one country. They can create laws and some laws will be broken,
it is not first nor the last time, people of the China will find a way. China did not block bitcoin as
El Kaka22 is saying, not just him, I read news and other people comments, now situation is more
clear, we know what happened. Yes there are some new laws about ICO`s too, I understand that
that laws are about companies that plan to make ICO for financing their projects, that is banned,
they will need to go classical way and ask money from banks.
   We agree that bitcoin will not drop so low as it was in the beginning. Now with all this popularity
bitcoin will grow more, demand will go up as supply goes down and we can expect price to rise
for years, who knows when will it stop to rise and settle on some mark.

[equator]

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.

Actually, I am rather glad that Chinese officials have pulled the plug on ICOs. I don't like them and I find ICO market highly speculative and harmful for crypto based economy.
I am indifferent to bitcoin<->yuan ban because this is a hindrance of some sort for bitcoin users in China, but at the same time, I don't think that it will prevent people from cashing their coins.
Chinese P2P trading is strong and most traders moved to it after previous trade-withdraw blockade anyway.

   
   China is not all world, it is just one country. They can create laws and some laws will be broken,
it is not first nor the last time, people of the China will find a way. China did not block bitcoin as
El Kaka22 is saying, not just him, I read news and other people comments, now situation is more
clear, we know what happened. Yes there are some new laws about ICO`s too, I understand that
that laws are about companies that plan to make ICO for financing their projects, that is banned,
they will need to go classical way and ask money from banks.
   We agree that bitcoin will not drop so low as it was in the beginning. Now with all this popularity
bitcoin will grow more, demand will go up as supply goes down and we can expect price to rise
for years, who knows when will it stop to rise and settle on some mark.

Nothing can be told because just like China if Japan and south korea also ban the ICO investing and creating regulation for bitcoin exchange then we can see bitcoin price going down and this time it can even go below $1000 price also. As panic sales will start in the market

[ivrynx]

Bitcoin getting back to it's first time value, which means below 1 usd, is highly unlikely, since Bitcoin right now has a lot of users, back then there was a surplus of Bitcoin and only few users, that is the reason why it was valued that low, and because it also follows the law of supply and demand, only a few years, when there were a lot of Bitcoin enthusiast, bitcoin's value began to increase more, and now that Bitcoin has already established itself and gain more stregnth, it is unlikely for it to go back to it's first value. We should not let any negativity affect us and the way use Bitcoin, though there are some setbacks, like the recent dip in value, Bitcoin is still showing great potential and soon be reaching a new high, let's not try to create panic, that Bitcoin will be devalued.

[cybersofts]

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 ?

Forget about the banks and government that are trying to create their own coins or separate blockchain - they'll try to centralized their own and very few people will agree with. And Bitcoin will stay as original as it is fully decentralized and acceptable worldwide.

[NoNetwork]

Very much doubt it. I don't we'll see those low levels now people have seen it at this high. Bitcoin has had more publicity that ever since it's hit these highs

It will be impossible at the current state, because as we can see the price of Bitcoin have gone up and many investors have its interest in it. So it is obvious that it will go to where it's first time value is.

But if this would ever happen then a lot investors too will buy a lot of bitcoin and will have to try and hold them, to wait for the right time to sell them in a very good price and have a lot of profit.

[Noe!]

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 ?

Never. I think bitcoin still strong whatever bad news come, as long as people have faith bitcoin still a solid currency/asset.

[Passive Coin]

Bitcoin is adopted around the World by merchants, exchanges, etc. etc.
How you are going to see crash to 1 cent price in such global adoption?
If Bitcoin start going too low, supporters and speculators are starting to buy.
Every BTC price panic ends up at higher level than previous panic.
It's sign people are getting educated and do not want to sell their BTC holdings too low.
Even China law turmoils didn't helped.

[jackhdt]

Your question has to be answered. bitcoin come back, as of now the price of bitcoin is very high. I believe the value of bitcoin will continuously increased up to give happiness to the users of the bitcoin. Let's wait for good things to come with bitcoin

[BitSat]

Bitcoin is adopted around the World by merchants, exchanges, etc. etc.
How you are going to see crash to 1 cent price in such global adoption?
If Bitcoin start going too low, supporters and speculators are starting to buy.
Every BTC price panic ends up at higher level than previous panic.
It's sign people are getting educated and do not want to sell their BTC holdings too low.
Even China law turmoils didn't helped.

Currently Bitcoin has more enemies then friends but still spreading around the world very positively countries like China and Russia creating rumors but still its price going high its mean now no one can stop this bitcoin and its going to touch new ways which could be very helpful for devs and investors now I don't think its price going back as its first time value 

[Sasuke102001]

I think it has zero percent chances that bitcoin prices would go to the initial prices once it had at the start. Bitcoin has  already come a long way to 5000 dollars and I don't see it going back to a dollar or so.