Post
Topic
Board Bitcoin Discussion
Re: Devaluation of bitcoin as an option for massive adoption (Innovation).
by
alastantiger
on 22/02/2025, 23:22:14 UTC
Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.

How will that work out when you'll need people willing to buy before there's a market for sellers to sell. Devaluing the price of Bitcoin isn't the solution because there's still going to be people that will not buy despite how low the price of Bitcoin gets to. We have them not buying when there's a correction in the market and that's what the devaluation is going to work out. The price of Bitcoin isn't what gives Bitcoin its value but the trust that people have of Bitcoin that's what gives it value and if the price was to fall, it will increase back again and still there would be people that didn't buy but they'll begin to wish for the price to fall back again so they can buy.