Bitcoin is it sustainable?

[btccointalk]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

I cannot say anything about sustainability but at least I am sure that it won't vanish easily.

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[sohel436290]

I think its silly question of course Bitcoin is sustainable for always time.hopefully positive and bitcoin continues to grow and acceptable in all countries as soon possible And of course, its price would never fall to be zero it always rises position. don't aspect any fake news focus on Bitcoin Discussion you will get an update and you think will be much positive. some time have any idea about the technology behind Bitcoin and what it actually great and sucre wallet. you should know your more knowledge about Bitcoin you can search google also see Bitcoin Forum, best of luck.

[jpespa]

Bitcoin has been existing for 9 years and more people are getting involved in bitcoin but only few of them are dedicated like doing some research to become more knowledgeable in the world of cryptocurrency and the rest are just rushing in without knowledge to get involved because they just heard about its profitability. These types of people who will immediately jump in to conclusion that bitcoin is scam because they didn't get anything. For me bitcoin can still survive in the next generations.

[signaturecoin]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

No, it will only happen if there is a massive fud or if just the price literally drops below $5,000 for some kind of strange reason.

Anyway, let's just hope to do not see it happen. But seriously, it has zero chances to drop below $7000.

[BlazingBlack_Dragon]

While bitcoin, as the current and premier crypto payment tech, may go down in the future.
It will be remembered as THE ONE that started the cryptocurrency technology and market.

The foundation technology that bitcoin started will be it's legacy.
The first incorruptible, distributed and transparent form of electronic money.

[Ayiranorea]

Bitcoin is sustainable to some extent, we can't expect this to be sustainable. Because, think of the ongoing situation the price difference that has taken place between a months time is very big. This difference could have made a big impact upon the users self earning from cryptocurrency.

[jonas5222000]

I think its sustainble now because many of country and people was adopted bitcoin now like my country ,anf because of that the investor of bitcoin was increasing and increasing, as of now the bitcoin price is getting higher and it because of investor or also known as holder these are the reason why bitcoin is perfectly sustainble.

[AmericanBit]

Yes it is, despite the price decreasing in the beginning of the year, and some restrictions, i think that it is still sustainable.

[gambitcoin53]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

i beg to disagree, bitcoin has already survived the early days way back 2010, an asset without intrinsic value? what are you talking about, cant you read the graphs? it has the highest value even if a lot of new cryptocurrency are popping up these days. and the price will be impossible to reach zero, as long as bitcoin holders are earning thru trading, bitcoin will not be dumped.

[zolfa]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

yes, bitcoin will go to zero or die if trust is lost, and bitcoin will not have the price anymore, but the bitcoin journey is still long, and it will not happen quickly. I believe as long as still there are many users, bitcoin will survive until the bitcoin stock runs out. maybe 3 or 4 more years.

[menoharrison]

bitcoin is on the basis of demand-supply having limited or fixed quantity,  so i think it should be sustainable.

[mithun303]

As an stage for novelty, Bitcoin is 200% sustainable. Because Bitcoin has already involving a lot off people. Not only person many organization are using bitcoin.

[panganib999]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

yes it can happen, but I do not think bitcoin will be that fast to end. because bitcoin is a technology that is created for the needs of transactions, so I think until now and in the future there are still many people who will support the development of this bitcoin so bitcoin will survive.

Bitcoin is sustainable when it comes to having a system in terms of transaction , it is mainly made possible by the mining of people where it comes to the tehcnical production of bitcoin. Yet, bitcoin much more need the support of people because bitcoin development is dependent to people in the point that it needs to have transaction for people to it to improve its system and to develop.

[DesmondHayes]

can't be predicted whether bitcoin can be sustainable or not, but for now I think positive and i hope bitcoin continues to grow and acceptable in all countries''

Different people - different opinions! Bitcoin has different future in different minds. Every holder has own opinion about the possible future. One thing is certain and that is that nothing is certain. The future cannot be predicted and all these speculations are just that - speculations.

Bitcoin will for sure grow in my opinion but that is just my opinion and someone else will say that you must sell everything because the final fall is coming.

Each decision that is made at a given moment is actually good. Everything depends on a current situation for an individual investor.

[Suharti12]

Yes it is true that bitcoin is a bubble, but bitcoin has a very positive bubble for me, because with the bubbles that many people who earn a profit when they sell at high prices.

[simpleholmes]

if trust vanishes my friend so many companies will go bankrupt because their stocks as well as good will fall, until now it was sustainable but after this point it is very blur to say something certain whether if is going to fall or rise.

[Dmitry.Vastov]

On the sustainability question, bitcoin is a pure bubble, an asset without intrinsic value — its price will fall to zero if trust vanishes.

BTC, the best and very innovative invention so far, has very great existence ahead and the way and time it has gained the trust of millions of people and even the government of many countries has legalized it, so I guess these evidences are enough to proof the durability of BTC  and it could never vanish in future and will surely become the future of economy in the future.

[hatun]

can't be predicted whether bitcoin can be sustainable or not, but for now I think positive and i hope bitcoin continues to grow and acceptable in all countries''

Bitcoin is gaining price heavily and losing price significantly.It seens that bitcoin is quite unstable and risky. Yet if we look at the price chart and demand graph of bitcoin, we will be assured regarding its sustainability. Because, each and every year, bitcoin price is moving upward although sonetimes it drops down.

[Redhead5]

can't be predicted whether bitcoin can be sustainable or not, but for now I think positive and i hope bitcoin continues to grow and acceptable in all countries''

Different people - different opinions! Bitcoin has different future in different minds. Every holder has own opinion about the possible future. One thing is certain and that is that nothing is certain. The future cannot be predicted and all these speculations are just that - speculations.

Bitcoin will for sure grow in my opinion but that is just my opinion and someone else will say that you must sell everything because the final fall is coming.

Each decision that is made at a given moment is actually good. Everything depends on a current situation for an individual investor.

Yes many of us has different speculations about bitcoin if it still sustainable. Of course it still sustainable in fact many investors are keep investing on it and satisfied of the good profit they earned. Although its value is very volatile sometimes but it has experienced by everyone of us that it will still growing in the marketplace. It is just depends also the decisions of everyone how good to be done to decided to keep bitcoin to sustained forever.

[onemoretime8520]

if trust vanishes from any asset than its price would be zero which not a specific thing about btc and which can happen with any asset so we try to make this trust not to vanish.