Can bitcoin be worthless?

[Best Dreams]

yes, bitcoin is very famous now even bitcoin has become the best crypto currency ever. and blockchain technology that is very good and can be applied to all types of fields.
I do not believe that bitcoin can become worthless in the future.

Same here, I don’t think bitcoin will ever become worthless. There are so many people who are investing and who are buying to make profit, crypto currency is gaining more value now so bitcoin is at golden time now a day when more people are agree to buy and save for long term, bitcoin will gain huge place in market very soon.

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[SirLancelot]

yes, bitcoin is very famous now even bitcoin has become the best crypto currency ever. and blockchain technology that is very good and can be applied to all types of fields.
I do not believe that bitcoin can become worthless in the future.

Same here, I don’t think bitcoin will ever become worthless. There are so many people who are investing and who are buying to make profit, crypto currency is gaining more value now so bitcoin is at golden time now a day when more people are agree to buy and save for long term, bitcoin will gain huge place in market very soon.

Yes you're right, the market has gone to far and slowly started recovering as of now, it seems. But, it can still happen assuming the government decides to put an end to it lol. But it's never going to become worthless, the market will growing and of course it will be having the up and down as usual (prices will go up and also drop).

[sumangs]

No. Since we are on advancing technology, we people need a convenient way of payments. Bitcoin was introduced to make payment system less hassle than the traditional way that most people follow. So, telling that bitcoin is worthless on this time is not possible.

[Valhalaa]

No. Since we are on advancing technology, we people need a convenient way of payments. Bitcoin was introduced to make payment system less hassle than the traditional way that most people follow. So, telling that bitcoin is worthless on this time is not possible.

really for now bitcoin is still very worth and maybe the trading market is always going up every month and now there are so many ways that bitcoin is valuable for the people who invest in the market today
maybe later when everyone doesn't use bitcoin, maybe at that time bitcoin becomes worthless

[anodyne]

I can see a high possibility that the Bitcoin crypto currency will not be worthless most especially in the coming future. Why? Because I can see a good future awaiting as we all know how the current time of era we are in.

[Janation]

I can see a high possibility that the Bitcoin crypto currency will not be worthless most especially in the coming future. Why? Because I can see a good future awaiting as we all know how the current time of era we are in.

But that is not impossible.

It is a possible to happen though the numbers might be so close to zero. Anything can happen and we can't tell thqt it will. No one can tell the future but one can make a guess or a prediction depending on what is happening right now. I also believe that it won't happen but as I said, it is not impossible to happen.

[Che454010]

Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?

There is difference between digital currency and fiat currency. Bitcoin can't be failed like other fiat currency, as there is no strong competitor of bitcoin now and it has nothing to do with political issues. The only way it can be worthless if there is better technology available in future that can replace it.

[Russlenat]

yes, bitcoin is very famous now even bitcoin has become the best crypto currency ever. and blockchain technology that is very good and can be applied to all types of fields.
I do not believe that bitcoin can become worthless in the future.

Talking about blockchain technology, I think that should be promote first since it has a lot of advantage in today's set up specially on the
businesses. Then these blockchain tech shall support and promote the use of Bitcoin to have its value that relates to blockchain tech.

[nur rochid]

yes, bitcoin is very famous now even bitcoin has become the best crypto currency ever. and blockchain technology that is very good and can be applied to all types of fields.
I do not believe that bitcoin can become worthless in the future.

Talking about blockchain technology, I think that should be promote first since it has a lot of advantage in today's set up specially on the
businesses. Then these blockchain tech shall support and promote the use of Bitcoin to have its value that relates to blockchain tech.

I agree, by promoting its benefits, of course people will be able to compare with conventional methods, so that if it is considered more profitable it will certainly be used for many people and of course it will grow

[BeGoods]

Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?

I don't see any chances of that.Bitcoin has already gained so much popularity and fame which makes bitcoin more worthy.Everyday bitcoin is finding It's new invearors which making bitcoin more stronger.I can't assure you that bitcoin will never die but as far We are seeing that, nobody can complain any faults of bitcoin till now.So, I think bitcoin Won't be worthless near future.                  

of course no chance! we have seen that bitcoin is developing very well today, prices continue to rise, many users begin to believe, adoption is running smoothly. to be worhtless is not that easy, bitcoin still has a very long way to live

[Babylon]

There is a possibility for bitcoin to be worthless IF people will start selling all of their bitcoin and never buying them back. That is the only way for bitcoin to be worthless but with the things that are happening to bitcoin right now, it is a dumb idea for people to just sell their bitcoin, so i think if the good things will keep on coming in the future then there is no chance for bitcoin to be worthless.

[iamMhew]

I think the price of bitcoin is somewhat related to the price prediction of stocks.
It depends upon the sentiment of the investors.
If more investors see Bitcoin to be the future of currencies, then it is more than worthless.

[Wend]

I am sure that Bitcoin will be useful to everyone. Because he is already now so popular that I don’t know a single person who wouldn’t tell me about him. And about the blockchain technology which can be used just everywhere.

Actually it is useful since the day of bitcoin was getting to a high price in the past year.
And so many people encourage to buy or invest to bitcoin for earning profit so bitcoin was not going to worthless after all.

[matchi2011]

I can see a high possibility that the Bitcoin crypto currency will not be worthless most especially in the coming future. Why? Because I can see a good future awaiting as we all know how the current time of era we are in.

But that is not impossible.

It is a possible to happen though the numbers might be so close to zero. Anything can happen and we can't tell thqt it will. No one can tell the future but one can make a guess or a prediction depending on what is happening right now. I also believe that it won't happen but as I said, it is not impossible to happen.

No one holds the future, but from what we are doing right now it will be define and it will good if we invest the right thing today, no one who truly invest and believes to this chain will think about negative things to happen in the future, maybe you are right, it's not impossible if many irresponsible people will dominate the chain and ruined things that we are trying to established now.

[sHeRiLyN1618]

Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?

A person's trust in Bitcoin can make the value of Bitcoin worthless at the time that the Bitcoin transaction activity will decrease day by day until it is worthless.

[Remainder]

Even through times that the value was very low, we cannot determine if try to devalued it already. For the longest run that it is very useful and how it hit to the market, it is still be not worthless, still the consumption is very good , unless you dont have the idea to not holding it anymore.

[BartS]

There is a possibility for bitcoin to be worthless IF people will start selling all of their bitcoin and never buying them back. That is the only way for bitcoin to be worthless but with the things that are happening to bitcoin right now, it is a dumb idea for people to just sell their bitcoin, so i think if the good things will keep on coming in the future then there is no chance for bitcoin to be worthless.

While that is a possibility we can all agree that it is very unlikely, the reasons of why satoshi created bitcoin are still there and we could argue that things are getting worse so we need a way to be able to exchange money without the need of a third party and bitcoin is the perfect solution for this, and if governments keep with their current policies of trying to undermine privacy bitcoin will only become even more popular.

[Wexlike]

I can see a high possibility that the Bitcoin crypto currency will not be worthless most especially in the coming future. Why? Because I can see a good future awaiting as we all know how the current time of era we are in.

But that is not impossible.

It is a possible to happen though the numbers might be so close to zero. Anything can happen and we can't tell thqt it will. No one can tell the future but one can make a guess or a prediction depending on what is happening right now. I also believe that it won't happen but as I said, it is not impossible to happen.

No one holds the future, but from what we are doing right now it will be define and it will good if we invest the right thing today, no one who truly invest and believes to this chain will think about negative things to happen in the future, maybe you are right, it's not impossible if many irresponsible people will dominate the chain and ruined things that we are trying to established now.

Unlike gold, which, probably due to a historical accident, is universally accepted as a store of value, bitcoin is a digital commodity with no such universal acceptance as a store of value. While the original buyers and miners of bitcoin were true believers in the paradigm shift they thought it promised, and were willing to make the necessary investments for future gains, the more recent buyers and miners have been run-of-the-mill, greed-driven investors.

Their greed has been further fueled by futures trading, which was introduced when bitcoin prices were booming and the sun appeared to be perpetually rising on the horizon. With bitcoin prices well above the cost of mining, they saw an obvious arbitrage opportunity: Mine bitcoin and sell it for a higher price in the futures market for guaranteed arbitrage profits.

[mtmitat]

Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?

Of course bitcoin can be worthless but very low probability

[STT]

I think the price of bitcoin is somewhat related to the price prediction of stocks.
It depends upon the sentiment of the investors.

True but its to do with the Federal Reserve.   Very large sentiment change occurred recently in the autumn because of tightening to the interest rate and some reversal to QE but its very slight.     At some point in the future, FED will burn out their brakes and be unable to do anything at all and this when it unwinds value of dollar and we really see what happens with a free market deciding.

Bottom line is Bitcoin, commodities, Stocks and maybe house prices are all running in line with the actions of a few actors in government deciding interest rates and similar.     They attempt to tighten up currency worth but at present this is possible to do with USA running one of the largest deficits to its fiscal budget.