Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
gabmen
on 16/08/2017, 05:02:19 UTC
There is in fact nothing that prevent prices from dropping critically, but the consensus of buyers and sellers that makes the price could not be broken so hard that it would happen.

The price of bitcoin doesn't drop too low for now. And there's no way for bitcoin to lose it's value, bitcoin is becoming one of the best investments. This is making the market value of bitcoin and more investors are coming in when they are seeing the price starting to fall.

I don't think its going to go to a point when it will drop like before below 2k. With the current trend, we may even see the price not dropping below 3k anytime soon. So it will be a challenge for people buying btcs if they're going to trust bitcoin and buy at a higher price