Quote from: Gumpfire on March 20, 2018, 10:35:59 PM

Quote from: AlexSimion on June 14, 2017, 09:43:40 PM

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.

I think there is a possibility that bitcoin would have its valuw decreasing but I don't think it is possible to have bitcoin's value vanish in just a short span of time. Bitcoin has a very epensive value right now and it would take a very long tims to bring it all down completely. We can all see that bitcoin is still dominating up until now so we should expect that its value will not go low instead it would keep on rising.

You should only expect the value of Bitcoin will increase when it really has reason to increases a worthy worth. But, it does not mean I want to say the current price of Bitcoin is the real price for Bitcoin. I do not think Bitcoin can be dumped under again $10,000, even down to a half this resistance price. Bitcoin needs to has lightning network before its value increase again, I think so.