Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
of course it can, just like anything else that has some kind of value. Tho, bitcoin is getting more and more widespread around the world with big businesses accepting it, countries accepting it, more people like you are getting into bitcoin so the demand is getting higher and with the demand going up so is the price.
And this year has been going great for the bitcoin, so far, and I believe that every passing year will be better than the last.
Downfall value "YES" but to lost this crypto currency maybe it will not happen. Apparently there are many countries already accepted bitcoin and some people are starting to used it.