Can bitcoin lose its value in the future?

[Ajebo25]

Bitcoin is a cryptocurrency which was created back then in 2006 back then nobody saw it as something important as everyone thought it was just a Ponzi scheme yes letter bitcoin developed a high value in the market which make people to find it some people wanted to mind it and some people still bought it while it was cheap back then but now bitcoin is the highest coin value in the market apart from other coins but there is something that bothers me if bitcoin should lose value in the nearest future what will happen to all the coins in people's wallets?

Like there are dozens of people who keep Bitcoin in their Wallet in order to exchange it when it has gained more value in the nearest years to come but what if bitcoin loses value by 10 as more coins arising in the market and bitcoin loses his value what will happen to all the Bitcoin in people's wallets can bitcoin ever lose its value?

 

[Shaf]

While things are currently not looking good at all for Bitcoin and as such, people are asking such questions about the value of Bitcoin, it's good to remember that nothing is permanent and every market has its cycles where prices either pump or dump.

Bitcoin has been accepted worldwide now more than ever, especially when we look at institutional adoption rates. It is also used by people as the gold standard in cryptocurrency transactions, infact even more than stable coins.

Another thing we should consider is that despite all this, Bitcoin has a finite supply, so when it's all lined, then true scarcity will set in and then prices would possibly skyrocket. Even though gold is scarce and precious, it still has an infinite supply as it's still mined from beneath the earth.


It's safe to believe that Bitcoin would still be a good investment in the future.

 

[brives887]

i look good on BTC, bcz we dont trust the central bank anymore, they can print as much as they want , crazy world