Devaluation of bitcoin as an option for massive adoption (Innovation).

[Nangiconference]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.

[Russlenat]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.

It sounds like you’re imagining something unrealistic, and no serious investor would want that. If they’re looking for cheap investments, they can go for altcoins, but Bitcoin’s system and progress should never be changed just to make it more affordable.

Also, calling Bitcoin "expensive" isn’t the right way to look at it. Unlike a physical product with production costs and a set selling price, Bitcoin's price is purely driven by demand. Even if you see it as expensive, there are still investors buying at the current price, and they’re not stupid. They do it because they believe it will still be profitable in the long run, knowing that Bitcoin’s price will continue to rise over time.

[Ambatman]

You don't have to own a Bitcoin.
Holding some Sats is enough.
Bitcoin now is still affordable and the price few months ago was cheaper than 80% of Now and some people didn't buy.
Even if Bitcoin falls to $10K there are people that would want to wait and buy lower.
And price can't be reduced and set like that
It's determined by the forces of demand and supply.


There's still hope, Bitcoin is still young.  

[adultcrypto]

How will bitcoin possibly be devalued? The rise I price of bitcoin was created by the forces of demand and supply and follows such natural law of when demand exceeds supply, the price will rice and vice versa. For bitcoin having a fixed supply and an increasing demands, how do we force the price to go down without creating excess supply? This will truly beat the laws of economics. Maybe you missed buying low, the reason you are suggesting the price come down so you can buy some at lower prices

[PX-Z]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.

Sounds like a token that can easily be manipulated where its team dump all their coins and let their investors suffer the loss.

80% reduced? To make it affordable? That only means it's already dooms day for a coin. And you tell devaluation for massive adoption? That's not for adoption anymore, people should stay away for a coin that was dropped 80%, it can be considered dead anyway.

[OgNasty]

The logic behind this is also flawed because people aren’t always smart when it comes to investments. If the price went down, people wouldn’t want to buy Bitcoin. A greater way to get adoption would be to send it to a million. Then every investment chasing person out there will be buying Bitcoin instead of memecoins hoping to get rich.

[Dave1]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.

It's not going to happen because if you sell there are going to be someone on the other side of the world that is going to buy it. And this is one of the worst advise that I heard, sorry OP, reduce to 80%?

Just think of other assets as well, if that happens, let's say some blue chip stocks goes down to 80% so that it will be affordable to the masses. It doesn't make sense. And you can accumulation it with just small sats and that is the essence because not everyone can have 1 full Bitcoin in their wallet.

[EluguHcman]

Let it not be as if there is no hope for us that are new to the ecosystem.

There is always hope for every now and generation to come chances to invest in Bitcoin nomatter how expensive or increase in values it may be.

Feasibilities of investing on Bitcoin does not mean Investors most buy whole of 1 Bitcoin per individual Investors but can always buy with your minimum affordable amount of Satoshi which is a subordinate of part of being fractions of Bitcoin.

The value of the current 1 Bitcoin in conversation to your traditional currencies might be up or over a million but I can also tell you that even in the foreign m countries with the values of theirs hard currency like the US with the USD, it is not it all Bitcoin investors that had been able to own a piece shit of a whole 1 Bitcoin because even a value of $100K is not affordable to everyone living there so, every single users of Bitcoin for investment has always buy the values available for them depending on their affordability.

So don't think you are left behind not to buy Bitcoin or no room for the future generations to be able to buy Bitcoin.

The honest truth is that... The more time is exhausting is the more the price of Bitcoin appreciates that is to say... The amount of Bitcoin fraction (Satoshi) you can buy in a Bear, Dip or Bull season in this season with a minimum amount of money will be more than the value of holds to wait til up and upper season of same market season to come.

Many had made this delaying mistakes to had invested in Bitcoin earlier than they do and that caused them certain discouragement to further because the price of Bitcoin gone higher than when they had the opportunity to buy earlier.
But today, they are happy investors and their late coming to invest on Bitcoin has no been no more a nightmare for them because they are making profits no matter the higher increase of Bitcoin value to when they bought.
This can be applicable to even the future investors.

[hd49728]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.

Value is different than price, and value decides price.

Bitcoin adoption and value as well as price growth are very sustainable with time since 2009 because Bitcoin has its value that has been becoming more recognizable by people globally and even governments.

You can not devalue Bitcoin just because you want to make it more feasible to buy and own for more people. If a future Bitcoin is like what you want, its value is lower and there will be less people who have interest in Bitcoin investment. It won't help to increase Bitcoin adoption and trading volume, then price will be affected and dumped.

There are thousand altcoins that are cheap but intelligent investors don't want to invest money in those altcoins. Bitcoin does not need to become those useless altcoins by any devaluation proposal.

[famososMuertos]

OP: Educate yourself or please, or behave like an adult. Finances are governed by a law that governs the markets; supply and demand.

The crypto world is open to everyone, and that is a great advantage that traditional markets do not offer, and that is already a great chance

[headingnorth]

When bitcoin reached $1,000 many were calling it too expensive and thought it was too late to invest.
When Facebook stock reached $100 for the first time most people were thinking it was too expensive. Same with Google and Amazon.

The irony is, if bitcoin dropped to $15,000 tomorrow 95% of the public would be too afraid to buy it because they will all think the next drop will be to $5,000.
If you have that kind of mentality, the mentality of fear and wishful thinking, you will never be a successful investor.

When bitcoin reaches $200K you will be wishing it was back to 100K!

That is why Microstrategy is the most successful and profitable stock in the US, because even when bitcoin is $100K Michael Saylor is still buying it by the billions.

[john_egbert]

The price is already alright, because you don't need to buy 1 BTC to start your journey.
So think about the current price as the starter price, if that would help you to begin to carve your path with BTC 

[Finestream]

For optimistic bitcoin investors, seeing its price as an expensive asset will never be an issue, it even encourages them to buy more bitcoin so that when the time comes that bitcoin price turns very costly, selling at the moment would also bring massive profits. And besides, you don’t initially invest buying the whole portion of bitcoin, that will only increase its risk potentials.

Massive bitcoin adoption is actually bound to happen, not because people should see it as an affordable asset, but it’s the utility cases of bitcoin that makes people attracted to it. It’s not just a profitable investment, but it can also be a good payment method that will offer convenience and efficiency to its users and receivers.

[betswift]

For optimistic bitcoin investors, seeing its price as an expensive asset will never be an issue, it even encourages them to buy more bitcoin so that when the time comes that bitcoin price turns very costly, selling at the moment would also bring massive profits. And besides, you don’t initially invest buying the whole portion of bitcoin, that will only increase its risk potentials.

Massive bitcoin adoption is actually bound to happen, not because people should see it as an affordable asset, but it’s the utility cases of bitcoin that makes people attracted to it. It’s not just a profitable investment, but it can also be a good payment method that will offer convenience and efficiency to its users and receivers.

Everybody takes notes of BTC currently, and everybody sees the potential that lies within on national and state-level alike.
So it's natural to consider the current price ask okay-ish 

[cryptomaniac_xxx]

The price is already alright, because you don't need to buy 1 BTC to start your journey.
So think about the current price as the starter price, if that would help you to begin to carve your path with BTC 

Yes, and perhaps there are still some newbies here who think that holding one Bitcoin is the goal. Of course, it's good to have that kind of Bitcoin but not many of us can do that as most of us here are just average joe investors.

So it really depends on how much we can accumulate and it's not that the price should go down as low as what the OP wanted to see. In any case, we can gauge as where we are right now as far as our investment goes:

And most of us are between 0.01-0.1 BTC which is about right.



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

[AsvXrin]

you don't have to buy a whole bitcoin. You can start small by purchasing fractions. With dollar cost averaging, you can invest little by little making it more affordable over time

[BenCodie]

It does seem that you are tricking yourself into thinking about an idea that is driven by something that you want. If you are waiting for an 80% correction, or creating this idea to rationalize that a 80% correction is possible, you are only fooling yourself into a cycle where you will always be waiting for the maximum discount, and creating these ideas to help fuel the belief that it's possible. I'd recommend to just start buying. Over the next 4, 8 and 12 years, you'll notice that at some periods, you were buying the bottom.

You can't know the bottom until it passes...and you certainly can't bring it to life with ideas that aren't realistic, like the one you have posted.

[mr.mister]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.

It sounds like you regret not buying Bitcoin earlier. However, the idea that Bitcoin's price could be deliberately reduced by 80% to make it more affordable is purely wishful thinking. Markets don’t function that way.

Bitcoin, like any other asset, is priced based on supply and demand. Its value is determined by market participants—buyers and sellers—rather than some central authority that can arbitrarily lower its price. If Bitcoin were to drop significantly, it would likely be due to market forces, not a coordinated decision to make it cheaper for new investors.

Moreover, the notion of warning all holders in advance so they can sell before a price drop contradicts how financial markets work. If such an announcement were possible, panic selling would likely drive the price down even further, creating extreme volatility.

While Bitcoin's price may seem high, you don’t need to buy an entire BTC, you can acquire small fractions (satoshis) over time. Many investors dollar-cost average (DCA) by gradually accumulating Bitcoin rather than waiting for an unlikely massive price drop.

If you're interested in Bitcoin, it's better to focus on understanding how it works and adopting a long-term perspective rather than hoping for artificially lower prices.

[betswift]

you don't have to buy a whole bitcoin. You can start small by purchasing fractions. With dollar cost averaging, you can invest little by little making it more affordable over time

Yes.
It isn't about holding 1 BTC, it's about the mentality of hodling in general.
 

[knowngunman]

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.

I quite understand your concern as someone who has been in your shoes before but what you're suggesting is not realistic. First of all, you have to understand that Bitcoin is not like your currency that government and central banks have authority to decide on what happens to it. There is no central authority that regulates Bitcoin price in the first place so how do you think devaluation would take place? Absolutely, no individual or authority has power to slash bitcoin price to make it affordable for people.

Moreover, even if you make Bitcoin free to accumulate some people will still miss out giving some excuses. And again, you don't need to own a complete bitcoin, with the little money you have you can accumulate as little as you can afford until you get a satisfactory portion. Not everyone actually has a complete coin thou.