Can bitcoins become worthless?

[mOgliE]

Hi,

Of course, I don't hope for that. Still, I think that the bitcoin can indeed become worthless. The main reason for that is that bitcoin cannot be used currently as a daily currency. If no service is developped accordingly, bitcoin may die.. just because it won't be of any use.

We are not on that slope... but it may still happen!

[SNAPCALLHERO]

Bitcoin is different paper money which is printed by the government. Bitcoin is limited and it is not inflation. So, the demand for Bitcoin always rise, this leads the price goes up too. So, Bitcoin cannot die.

[cl37007]

Yes it can fail, if people stop investing in it and it is not adopted by the mainstream. At present I see Bitcoin as its own worst enemy, the crazy price fluctuations and high cost of transactions is what holds it back, if it does not evolve it is definitely possible to become worthless

[Gotumoot]

It can if people would find bitcoin inconvenient. Nowadays, bitcoin had been having problems with transactions sometimes. Transactions are delayed, transaction fees are too expensive, and so on. However, people still believe in bitcoin and it's potential to dominate cryptocurrency for a long time. So, the odds of bitcoin being worthless is too low.

[skyland999]

yes bitcoin may not be worth it because there is a new coin that is better than bitcoin people will switch from bitcoin to better coin of bitcoin that allows bitcoin is no longer valuable but I believe it took a long time to replace bitcoin for invincible

[WatchMaker]

For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.

You can't compare bitcoin with some useless fiat such as German Mark, and Zimbabwean dollar. In fact, I don't think you need anyone to tell you bitcoin has a future because you don't need anyone to. Bitcoin is digital, fast, and decentralized. it was selling below a dollar (USD) 7 years ago and look at it now selling at $15k+ and bitcoin is not done yet it may reach up to $100k this year 2018. Keep using such sentiments you'll regret later!

[happyme1818]

Bitcoin would become worthless if internet connection would not be available anymore. Worst case scenario is the beginning of World War III. Another thing is if the technology  would not be upgraded which is impossible to happen.

[Stimah24]

Its possible its became worthless, but no one can say when that will happened

[pabpete]

For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.

I think that it is impossible at the moment. Bitcoin is just too strong to fall in this hierarchy. Maybe in the future we will witness some revolution that will turn the world of Bitcoin diametrically, but I think that in the near future BTC will still be very strong.

[bitcoinveda]

At present demand bitcoin will never go less than 10 thousand dollars in near future lot of scope for growth for those who say bitcoin will be zero they dont know nothing about bitcoin

[cindygirl]

Like anything bitcoin can be perceived to have no value and thus become worthless, I do not think this will ever occur though, even old currencies that are never used are still collected and have some value.

[FaithETH]

As we all know, investing in Bitcoin is risky and could lead to loss of money. Bitcoin may become worthless in the future due to many factors such as global ban or replacement by some other cryptocurrency. Time will tell us.

[siguria]

Yeah to be very optimistic for a thing and not working to protect it can be a dangerous thing. Btc can become worthless and we just need some ban from countries and big companies.

[gakadem]

this is just a speculation, because no one can guess what will happen in the future
I think bitcoin will remain valuable as long as there are people who trust bitcoin, either until then .. we'll see

[Hibeken]

it may happen, maybe in the next few years Bitcoin will not be worth anymore, bitcoin will just be a history in the digital currency of the past.

[Lightofheaven]

probably yes, and probably No. what i think is that is the last thing that could happen in bitcoin for the last 10-15 years, maybe im wrong, maybe im right, maybe 10-15 years is short but i know one thing. that is the last posible thing could happen in bitcoin

[neite99]

As we have seen in history every asset that had a up trend in a period of time have become worthless but for btc after this time it need to be something very big in order for it to become worthless.

[Bambinoe]

I dont think that is possible. BTC's value does not seem to fall so bad that it becomes worthless.

[emberbekas]

I dont think that is possible. BTC's value does not seem to fall so bad that it becomes worthless.

Anything is possible but I don't think bitcoin will be worthless soon. Nothing is eternal in this world, only time will decide. Someday, when the new and better technology will be found, bitcoin could get less attention and gone.

[Blue2012]

No one can tell what will happen in the future but maybe there is a possibility that it will either to become worthless or not but I think it will not happen soon. As of now bitcoin price will continue to rise and will make a new heights again.