Just happen recently that bitcoin lose its value from more than 7k usd drops to down 6k .but now bitcoin recovers and continues to grow the value to 8k usd.and I know it will continue growing upto 10k usd this year end.but never imagine that bitcoin will totally lose its price permanently because its impossible to happen for sure
Bitcoin can lose its value even down to zero, but all that depends on we the community. I remember when Bitcoin first came out, it started very low and was even sold for $0.6 and 0.7, that was probably when we had no large number of people into bitcoin. But when the number of users started increasing the price went from that rate to $1 going up above that rate and now look at the rate we have now, and its not stopping there, it might reach 100k soon.
10,000 Bitcoin for 1 pizza! What is the price for one pizza? I remember it is ~ 5-10 dollars. That is the first transactions of Bitcoin as a payment method to buy a pizza by one of the first Bitcoin user. Of course, it is also the begin value of Bitcoin.