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Question: Can bitcoins become worthless?
Yes - 34 (55.7%)
No - 27 (44.3%)
Total Voters: 61

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Author Topic: Can bitcoins become worthless?  (Read 931 times)
InvestICO2L
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January 10, 2018, 01:13:12 AM
 #161

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.
Honestly I think that bitcoin will be stronger, too. Nowadays, there’s getting more and more people all over the world keep an eye on it and particularly, there are some countries having some store ,shop accepted bitcoin for transaction. It lead many of us to an interesting way to pay attention in bitcoin’s investment. Although bitcoin is really an old coin, it still gets viral and safe for us to invest. There even have many people predicted that bitcoin get a bright future and its potential. I don’t know whether it will be worthless or not, I still believe that bitcoin will always bring us profits.
lum_dog_millionaire
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January 10, 2018, 01:48:26 AM
 #162

It could become worthless, just like the us dollar could collapse and could become worthless. But I don't think we'll see it happen to bitcoin.

Just like anything in life, value comes from however much value society puts into something. This is true for all current currencies and best demonstrated with product pricing.
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January 10, 2018, 02:04:34 AM
 #163

At first i was like what the heck, how can Bitcoin become worthless? But on a second thought, the possibility is high given a high powered cabal's manipulation & intervention aimed at clamping down the currency.
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January 10, 2018, 02:12:21 AM
 #164

Like what you said there`s no body exactly can say hows bitcoin situation in the future but your opinion is good. bitcoin also will become worthless if there`s no body invest it and this is impossible because many people see the outcome of its in the past few months and there`s many new in bitcoin that they think that they can get profit so becoming worthless bitcoin for now is impossible.

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GARPACHO
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January 10, 2018, 02:24:48 AM
 #165

Hi, possibly, maybe if the btc receives a very strong blow, although for now what awaits him in the future is gloria jajajja Grin
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January 10, 2018, 02:28:34 AM
 #166

It could happen, but not now or in the near future. We can see the main reason why there are a lot of investors going for bitcoin because of its high profitability. Once bitcoin is not much profitable anymore, we will see a decrease of interest to it.
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January 10, 2018, 04:14:49 AM
 #167

It can happen anytime soon because nothing last forever here in this world but before that happens, lets take the opportunity to gain profits till we can.

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January 10, 2018, 04:21:30 AM
 #168

Hi, possibly, maybe if the btc receives a very strong blow, although for now what awaits him in the future is gloria jajajja Grin

Yeah but that seems so hypothetical because bitcoin is the real thing and the mainstream of digital currencies today. I believe, bitcoin can be worthless if we can turn the clock back before BITCOIN was launched.

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January 10, 2018, 04:22:22 AM
 #169

Well for me theres a possibility. No one knows what will happen in the future. Or theres something big that will cause and affect the value of bitcoin to decrease exponentially. But if that really happen, we should find an alternative ways to replace the old ones. But maybe it will happen 30 years from now so we have a lot of time and enjoy the advantages of it for now.
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January 10, 2018, 04:25:36 AM
 #170

I think yes it will be possible for bitcoin to become worthless because we never know what future beholds anything may happen.

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January 10, 2018, 04:27:05 AM
 #171

Because bitcoin is decentralized no one controls, so bitcoin's worthiness depends on demand and demand also determines bitcoin prices, so bitcoin possible become worthless if there is a thing that makes no demand.

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White32
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January 10, 2018, 04:28:34 AM
 #172

Maybe yes for the coming decades bitcoin will become worthless when it comes to replace another crypto and bitcoin move out from the online history. But now just work hard and earn bitcoin as far as the bitcoin is on the top. Aside from that nobody can predict until when the legacy of bitcoin.

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January 10, 2018, 04:31:29 AM
 #173

It will always be needed. Cryptocurrency is just starting to boom and is the future. Soon several places will accept Bitcoin as payment method offline and online.

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January 10, 2018, 04:50:35 AM
 #174

We cannot assume or presume that bitcoin would be worthless, this cryptocurrency always have negative news roaming everywhere to make this thing grow more stronger. If bitcoin become worthless, why Japan have accepted it? Japan is a role model for all the countries for their tremendous growth in all aspects including bitcoin acceptance. May be paper currency can be worth less in future but not bitcoin as per my prediction.
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January 10, 2018, 05:10:10 AM
 #175

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.
Absolutely correct. No one has the capability to predict what becomes of bitcoin in the future. But i am forced to lean on the positive side of future for bitcoin. This is because everyday, the developers work day and night to see how to make bitcoin better.

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January 10, 2018, 05:27:49 AM
 #176

I think the people flow towards bitcoin is fast and growing so we can say that the bitcoin worth is more than the other currencies now because every is converting tall their funds into bitcoin and it is really helpful through this we can do what we want and in the advanced countries people are doing all their activities through the digital money like bitcoin and altcoins the market is expanded from country to countries.

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January 10, 2018, 05:30:47 AM
 #177

Like any other digital currency, bitcoin can also become useless. This can even happen if bitcoin does not eliminate its shortcomings for a long time. People simply can stop using bitcoin and it will lose the demand and its value so that it becomes absolutely useless. I am amazed at bitcoin developers who have not been responding to his serious problems for a long time.
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January 10, 2018, 05:35:06 AM
 #178

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.
Absolutely, no one could predict its future. But still, we could not deny its promising features which has made it unique free from inflation, free from government control, free from inflation. Even its most critics wall street companies have started to enter in to bitcoin market which proves its potential.

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January 10, 2018, 05:45:27 AM
 #179

I don't think so. Bitcoin is not becoming worth anymore, it's getting more credible and profitable day by day. not only that but also Bitcoin is becoming a popular currency system nowadays. so that there is no chance to get worth. I think day after day Bitcoin is becoming a dominating factor in the money market. so how could you think that Bitcoin is going to become worthless?
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January 10, 2018, 06:01:54 AM
 #180

In my opinion its very possible because the worth of bitcoin is depending on people who consumes or trades it but if theres no one in the world uses this bitcoin then it could be worthless but we cant be sure if that really happens i hope not

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