Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
winterland
on 28/09/2017, 02:41:55 UTC
Bitcoin can lose its value only if it loses the interest of users, but now a lot of people are interested in bitcoin and there is no reason for a panic that he can die. You need to invest and make a profit.
Bitcoin is now making more users as the time being passed. It is not possible to loss the value of the bitcoin now, the currency of the bitcoin will the future of the money now it is being legal in many countries. Bitcoin can loss the value only if it will be stop using by the people who are investing the huge amount of money in bitcoin.
Bitcoin can lose value thanks to speculators but since bitcoin adoption keeps growing everyday it is impossible for the price to stay down for long, just look at the previous FUD by China and yet the price recovered after just a few days and now is above 4k once again.