Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
gabmen
on 25/08/2017, 03:48:56 UTC
Maybe yes and Maybe no there are times that bitcoin may fall but since we are in new technology that runs our world and bitcoins will be change our economy then bitcoin will never lose its value even if wer are going the new generation there's no such thing or any reason for the bitcoin to lose its value untill no one uses it.

As technology is upgrading there's a chance that bitcoin can lose a little bit of it's value but I don't believe that it will completely lose it's value. I have a hint, that the biggest person, CEO's of IT companies are even predicting that bitcoin can be a big blast for the next years to come. I guess they have a plan to pump bitcoin.
Yes price of bitcoin can fluctuate and it can go so down but still it will not lose its value because the future is bitcoin. As said the IT companies and firms and now some countries accepted bitcoin to be currency acceptable for business trades. So definitely it will not lose rather it will rise up the currency value.

Yes you've got it right there are good factors are affecting bitcoin's price. And the news that are coming out that big people will support bitcoin and after the SegWit price can go up easily. The price was stable today and there's no a big blow uprising and even decreasing, this is the start to see the price of bitcoin pumping.

It seems like we're in a point when btc price would stabilize for a while like what it did back when the price was around 2.3k before aug 1st. I'm thinking there's a pattern to this an perhaps after another drama like the split, we'll stabilize again at a much higher price.