it is impossible now that bitcoin reduce the value,core reason is that bitcoin demand going increase individuals and financial organisations going to invest in it because it is safe and secure way.Bitcoin have stable bright future will secure you financially,as per law of demand more demand prices will high and one who invested in early days and still they hold will get handsome profit.
The price discovery of BTC is being created by the people and individual who are holding and owning it, and it's true that without these, the price will lose it's value but that is unlikely to happen now. We all know that we have ETH and BCC, but BTC is not even on the ropes, I think because it has some unwavering security and it is the original crypto. The price of BTC is surging because of the demand for it's service.
In my opinion the only reason why BTC is going wayward on prices is because they are playing the market and doing hypes to earn and in order to do that one must go with the flow, sell high buy low. The very foundamental of trading yet one of the best strategies alive.
no, because bitcoin is legally used in many countries, and its demand is increasing more and more each day, if it lost its value it means that there is no active investor or holder of it, but its impossible right?
It is impossible now, unless they cracked it's system, BTC will be forever in the crypto world. Best investment as of now. Hands down.
Not because folks who want Bitcoin are growing day by working day. If the value is slightly down may possibly come about sometime
Why no ? The question here is it possible ? So basically there's a possibilities to lose its value but not to loose into probably zero price. It will just recover up in time but will took it long for it to recover and overtake the price from the time its down.
Hmm I'm wondering what will be the reason in order for BTC to lose it's price let's say up to 4000$. Because I think that is unlikely to happen now unless something bad really happens in the system or the government want it to be prohibited.