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tabas
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January 03, 2018, 10:39:32 PM |
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No, this question has been here for quite a lot of times and people are keep on asking it. The same questions like, bitcoin is dead, bitcoin is over, bitcoin is falling. I don't know people when you entered bitcoin, you are starting to become nervous on it.
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teejayrichard2
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January 04, 2018, 02:49:37 AM |
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yes, bitcoin can become worthless. bitcoin can become worthless when people and merchants refuse to take them as a means of exchange for goods and services rendered or when a government puts a complete ban on it. this is unlikely to happen though it is very possible
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letecia012
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January 04, 2018, 02:55:58 AM |
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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.
Crypto currency is unpredictable and considering every now and then new technology is also introduced we don't know what comes next but 1 thing is for sure if BTC will be worthless problably it would be the end of crypto currency all other coins will be worthless too considering BTC is the first and the most dominance crypto currency in the market today. |
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Chanock
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January 04, 2018, 03:02:04 AM |
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For me it no. Maybe history can tell but no one knows what is the future comes. If you see the tract of bitcoin from past until now, it tell to what will be happen in the future. Bitcoin experiencing up's and down of value but it is not necessarily that bitcoin in the future have become worthless. If you look the track in market cap of bitcoin it shown how investor are welling to invest their money in bitcoin. In that way, bitcoin is continuously stronger and stronger because of the capitalization mode in the market. This track in the blockmarket or market cap will tell what will be the future of bitcoin.
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matthewogus01
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January 04, 2018, 03:40:05 AM |
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Anything about the future of bitcoin will be speculation, but it can be possible if the market becomes oversaturated. Although, it won't happen in the near future.
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dotts
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January 04, 2018, 04:03:47 AM |
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I think bitcoins will not become worthless because many of us believe that currency has value and there is a finite number of bitcoins in existence. People are far more likely to trust bitcoins. So as long as many people believe and trust bitcoins, there is more chance that it will not worthless.
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Snub
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January 04, 2018, 11:27:19 AM |
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I think that this is impossible. People will not give up such a wonderful idea. Bitcoin only simplifies our life. Moreover, it has more power and is confidently taking the first positions.
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sammrheza
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January 04, 2018, 11:30:46 AM |
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yeahh if everyone decided to jump out and bitcoin will be nothing lol ...
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AnnarioN
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January 04, 2018, 11:45:17 AM |
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If the bitcoin die all other cryptocurrencies will die so-no.
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malika
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January 04, 2018, 11:47:50 AM |
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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.
It could possible but not this time Bitcoin is still on its peak of popularity and the value really boost so high so it might take years before it become worthless. We just cant tell how long before it will become worthless. |
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albert11
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January 04, 2018, 12:17:59 PM |
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Theoretically it can, but personally I think this is very unlikely due to a good number of people in the crypto space that are really really dedicated to ensure bitcoin's success. Though I also think it only takes one sort of ban from a huge country like the United States to crash bitcoin's price to 3 or even 2 digits.
- just my 2 satoshis
I agree with what he said. Everything can happen to bitcoin, either increase or crash. No one can predict about what will happen in the future. What we are sure about is that there will be lots of changes from time to time but we don't know what will cause it. As long as there are a lot of people who believes in bitcoin and the different infrastructures around it, bitcoin will still remain. |
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BlackRacerX
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January 04, 2018, 12:33:05 PM |
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Bitcoin crashes have recorded that bitcoins have become somewhat worthless before. So I think it is possible bitcoins may all of a sudden become worthless given that someday, some massive crash or some sort of catastrophic event happens to bitcoins' totality. But with a lot of people supporting bitcoins, I highly doubt it will happen.
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LightNestling
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January 04, 2018, 12:36:22 PM |
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I think its possible, but not in the near future nor in our generation I guess. Although bitcoin has already surpassed our expectation and suddenly reached the 20k mark, I don't think it will be over soon.
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ihsanskanzaone
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January 04, 2018, 12:48:02 PM |
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Of course bitcoin will be worthless if bitcoin users have started to disappear or start switching using the latest digital currency that is considered better than bitcoin so it can make bitcoin prices go down and slowly become worthless. all that is not impossible if bitcoin not immediately improve the quality of transactions and lower transaction costs because it is considered too large what else to make transactions in small quantities.
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alexsandria
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★777Coin.com★ Fun BTC Casino!
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January 04, 2018, 12:49:43 PM |
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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 yes, at somehow point it will be if many people that are users of it today will not even care of it in the future. I think bitcoin value is actually depend on the users on how they use bitcoin. I think bitcoin will be worthless if there we make it to the point that no one cares about bitcoin and it somehow will replace by another better and good cryptocurrency. But for me I think we will not reach that point because we all know that people nowadays are into bitcoin and it will never ever change, I guess. |
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bakkang
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January 04, 2018, 12:58:31 PM |
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Yes it can be possible for Bitcoin to become worthless. When the world goes against it and make it illegal to use then it will become nothing in no time. It is hard to predict if this will ever happen though.
Well there would be possible that it will be happened in the bear future if and only if there would be no users and investors. But I still believe that bitcoin will never be worthless since it was the most strongest crypto ever. Though there's a lot of people who regulate bitcoin but then again bitcoin will continue to rise |
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randal9
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January 04, 2018, 01:19:59 PM |
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if we talk about probability, then probability is always present, but there is no reason for this at the moment...therefore it is necessary to live now and use the opportunities given to us
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gorodi
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January 04, 2018, 06:04:11 PM |
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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.
Bitcoin has not only information and the army of its believers, Bitcoin overcome the border between virtual world and reality. It built banks, spread widely ATMs. It have become the serious business brand. |
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Beymax08
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January 04, 2018, 06:11:09 PM |
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Yes theres a possibility of bitcoin become worthless when theres no one that is interested and no one want to use bitcoin anymore. And when it have no value anymore.
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Mind Control
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January 04, 2018, 06:50:53 PM |
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Bitcoin is just like fiat, its value depends on its user. Fiat has a value because the government says so, Bitcoin also has a value because the community says so. Meaning when the community decides that Bitcoin is worthless then Bitcoin is worthless. Old version of fiat becomes worthless because the government says so so the citizens believes them then the old version will be neglected. This would be a suitable analogy for the topic. Bitcoin can become worthless and it will depend on its community. Bitcoin's value is driven by the community so the value lies in its community.
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