Bitcoin Forum

To be Fair and honest

Btc will go highest high and then will collapse!
Becouse bitcoin dont have much of utility its expensive to exchange in to fiat currency.
Slow confirmations.

But there is solution: xrp is solution Low fees and Fast transactions.

I give maximum life time for btc 2 years then it will collapse, reason is simple expensive fees and slow confirmations.

Scarcity and high demand will keep bitcoin for a long time. XRP is mainly different purpose coin.

OP, where did you obtain the template of your post? I'll fix it while i'm here.


An example,

XRP has a fundamentally different use case.

Whilst bitcoin's ultimate use case is still to be determined, it seems reasonable to assume it will be a store-of-value, and a safe haven asset. Bitcoin has none of the deficiencies of fiat. Its rival here is gold. Bitcoin improves on gold, as has been covered many times.

Whereas XRP is for fast, cheap, international transfers. XRP does excel at what it does, XRP (and Ripple tech) provides a great solution for that particular problem, but this is a limited use case that has very little overlap with bitcoin.

The reason you think bitcoin has no utility is because you are looking in the wrong direction. It doesn't try to be XRP. It doesn't need to try.

collapse is a sentence for the layman, we usually call it 'market correction'...
Since you are in the crypto world please use the word 'market correction' for any asset that is experiencing a price decline when the bulls are high. 'market corrections' are natural. btw, I don't like centralized coins like ripple.

you are correct. back in 2017 price went from start of $150 to $20,000 then collapsed to $3200 then back to $20000 again.

in 2021 we will have the same thing too. the price will go from the start of $3200 to $500,000 then collapses to $100,000 then recovers to $500k again.

you can keep dreaming that this centralized shitcoin that has nothing to offer except a hyped up fork pump could even be considered by anyone for payment let alone thrive :D

Expectation of such is due to what happened before also in line with the definition of volatility.
Since when the market price reached its ATH then suddenly fall, it is no longer surprising that many people are still having ideas of what could happen next once the price surpass its ATH. Effect of this thoughts are investors selling immediately once things meets the reality of having such market price. But it does makes sense since we cannot predict what could happen next, given how fast things could change in this market behavior. So actions of such is a matter of securing your profit or still "gambling" your luck for more.

Cryptocurrency is evolving cynically.  Therefore, after a significant and long-term price growth, there will always be a time of price correction and decline.  However, the cryptocurrency does not return for the same price value.  Otherwise it would be a circular motion.  Also, the time and level of price growth is not repeated.  Therefore, it is quite possible that bitcoin and the entire cryptocurrency market will grow for several months, and the price correction will be insignificant.  As a result, the price of bitcoin will be well above $ 20,000.

I can agree, as much as I can think of what people will do to their bitcoin when it reaches its peak. Bitcoin is seen as an investment for many people, usually new to crypto space coz that's the way they perceive it and that is most of people in the crypto space introduce it to them. Bitcoin price will decline once it reaches the peak, let's say around $23K, early next year will be a bloodbath coz people will sell their bitcoins after gaining 2x or 3x, just my conclusion.

If you really have this opinion, then go make money off of this opinion. Long the upswing, short the downswing. You don't need to tell us or the community.

If you aren't willing to risk at least some capital on your opinion, then it's not a very good opinion.

I don't think that Bitcoin will collapse so easily. Because there is a high demand for Bitcoin. As long as the demand doesn't go down hugely, I think there is no chance that Bitcoin can collapse. In fact, Bitcoin can be one of the last cryptocurrencies to collapse that easy.

The crypto market cannot be easily predicted and Bitcoin is one. Because of the increase in Bitcoin, there is high demand and a lot of investors are investing more in btc. I believe it would fall drastically eventually after this bull run period.

I don't believe there will be a big drop in prices this time.  Bitcoin is rising at its normal pace.  This time, maybe Bitcoin will rise above $20000, breaking the record of 2017.  It is certain that it will not be stable after the price goes up.  But it is also certain that there will be no major drop in prices this time.  This is my own prediction, this time Bitcoin will go up to $21000, then go down to $17000.  And then there will be real bets, Bitcoin will cross $28000. Because we have seen in the past when Bitcoin crossed $19000 in 2017, right after that the price of Bitcoin started to go down.  At least it stopped at $3500.  Then now notice the price of Bitcoin has touched about $20000.

It's true about slow and expensive transfers, but I don't think Bitcoin will collapse because of this. Everyone has known this for a long time, but it still continues to grow. Bitcoin is the main coin in cryptocurrency and it will live for a very long time.

That's right, I don't think Bitcoin will collapse within 2 years, because there are still many considerations about bitcoin collapses
although confirmation in bitcoin is slow but bitcoin has many advantages besides that don't forget that technology will not stop to develop
who knows next year a platform will be created that can speed up transactions and minimize bitcoin transaction fees

If the valley pattern will be replicated then that can only mean that everyone can just hold their coin and wait for the next valley replication. I hope that each iteration of the valley, the price of bitcoin will not be the same as the all time high of the latter valley, someday and hopefully we will reach that amount.

I just want to concentrated on these point that is emphasising on bitcoin collapse, for bitcoin to go up does not mean that it will collapse because in 2017 bitcoin get $20k in values, so since 2017 till now has it collapsed the answer is No, when saying collapse do you mean in price or btc generally will collapse.

If it's in price its obvious that it can collapse as you said, because it's increments in price never remains constant at period of time, but via btc in generally, I don't think it's acceptable.

There will be a price correction after the Bitcoin price reaches a new ATH,but Bitcoin won't collapse for sure.
OP,you are late with all the whining about the high transaction fees and slow confirmation time.The BTC blockchain is in way better condition now,compared with the last few weeks.
Ripple is growing only because the entire cryptocurrency market is growing.I can't find anything special and innovative about this altcoin and there's no reason why Ripple would beat Bitcoin.

Who died and made you the boss? Heck nevermind, even the boss has in no way the right to determine the life span of Bitcoin. Bitcoin has, for a decade already, have had issues with fees as well as transaction speed, and yet nothing close to it disappearing has happened. Just goes to show that its advantages outweigh the disadvantages it currently has, and heck afaik lightning network is already in development to combat the problem with transaction speed. Not to mention that its core feature, which is decentralization, defeats every other type of currency out there no matter how they introduce theirs as a "decentralized" coin.

And a price correction or your so-called collapse is always a thing, always has been. I'm pretty sure everyone does. Who expects a coin, or any other investment at that, to just keep on going and increasing it's price right?

At first I thought you were saying this in reference of the price that has been going up, because as for that, it’s definitely going down after reaching a new high price, although this time around the price is going to be higher than what we had the previous time. Then if you’re saying that Bitcoin will fall for good, as in being replaced by another cryptocurrency, I won’t agree with that one, well for now and forever.

Why I said that is because I don’t think any other cryptocurrency can replace it for now, maybe in the distant future one will come out, but not now and not anytime soon.

The question is what will be the highest high this time around. Back in 2017, it was $20,000 per coin. So now we can expect an amount which is considerably higher. But to predict it with anymore accuracy will be almost impossible. It can be $25,000 per coin, or $50,000 per coin. It can even be $100,000 per coin, before the next major correction kicks in.

it has become commonplace, after rising to the top of bitcoin it will collapse like in 2017, this is like a predetermined and predictable scenario.  we have to be smart in taking advantage.  don't just look, take advantage of the current moment to get big benefits.

How high bitcoin will go, no one knows about it exactly. Also there is no future for XRP in the long run and also it is not much popular among the bitcoin holders. On the other hand, Bitcoin will be widely used everywhere in the world.

And we should listen to someone who seems an obvious shill who can't even spell "because" why?  Someone who doesn't know the difference between "dont", "don't" and "doesn't"?  Let alone clearly hasn't read much if anything about bitcoin.

" maximum life time for btc 2"?  It is already nearly at 12, so another fail.

i spell how i want dont forget im boss crypto boss all boss. dont you know that bosses can do all they want ? 
the liion should not worry about sheeple options.

Really, usually one of human nature to proceed to need to create a benefit, but we too got to be mindful that it can lead to misfortunes. Attempt to be patient conjointly explore for the proper energy, how can we alter the circumstance to the venture we have, so that we will get the suitable profit

There will be a small possibility that bitcoin will crash after hit a new high. Its a fundamental principle of market. Go high then go low. There is no asset going high forever.

2-year is a long period of time. So why not take this advantage for oursevles? Thinking of the future only makes us exhausted and scared of investing our money. Just look at the present, bitcoin is outperform any other asset on this planet

Why XRP though? People saying here that XRP has a different use case. What use case is that?? What i see is that it claims partnerships with banks. Why would banks rely on a centralized, third party to hold and transact value for them when they themselves are centralized, third parties making billions from the same hustle?
And if XRP is to be used for cheap payments, why not just Stellar Lumens (who gave it that name by the way) or any of the other 1000 coins claiming 10,000 TPS with their non-secure and easily manipulated versions of PoS?

When will people understand that billionaire banks and millionaire individuals maybe the most badass, evil sons of bitches but they are not dumb. They fully understand the difference between the security and finality provided by a 140 ExaHash monster compared to a private ledger living on AWS and private servers.

This is ridiculous thinking, don't forget that XRP once hit $3 and until now has never even come close to half.
Bitcoin doesn't require your fair share of groundless thinking. @Op, I have a question for you, what do you think is the highest point of bitcoin? Think about it.

I just understood that crypto bosses don't know how to write,

Of course there's drop in prices after a bullish run it's called correction.And you saying that bitcoins maximum have 2 more years is baseless, many people in past has already said that still bitcoins is here and now mostly likely going to break its ATH.Majority of people see bitcoins as an investment and given its popularity and rise , I doubt that any altcoin is even close to takeover bitcoin.

I don't blame the OP for thinking that Bitcoin once hit the highs will immediately collapse. Because surely most people equate
the increase that occurred this year with what happened in 2017 when Bitcoin managed to hit the ATH price. Even though if you
pay attention nowadays, there are many institutions and billionaires that invest in Bitcoin,  the Bitcoin price should be more stable
in growth. Since large investors are usually investing for the long term, they will not let the Bitcoin price dump.

Because you are looking for the value in Dollars but not what is Bitcoin for,and about confirmation?who says that it is slow?yeah there are times of congestion but this happens once in a blue moon.
So it there?you are promoting XRP because it is pumping now and you wanted more high since you hold many od this coin?but nice promotion lol.
I will give before 2 years you will Not post here again or may create another account to Give false predictions?

I hope that Bitcoin set it new ATH but looking to the current market right now everything is in a bloodbath even Bitcoin itself from $19k drop to $17k. I hope that this is not the end for the current bull run. Anyway, we can still hard to predict the crypto market giving us uncertainty. Perhaps whales are trying to manipulate the market right now causing most of the coins to drop. I hope that it is not a correction.
Regarding the thoughts of OP, I think it is normal for us to have that kind of mindset because we are just being real, when the price goes to its highest expect that will collapse as well, it is a kinda cycle in short.

Perhaps, most of the traders are referencing what happened to bitcoin in 2017, there's a huge possibility that it will happen again, but everything in cryptocurrency could change. We might not see these prices soon as we are not yet close to December when the peak in 2017 happened. I really hope that the next bottom will be around more than 15K USD, as what we could spot in the timeline of crypto, per year, ATH, hasn't really shown a consistent increase, but the all-time lows have. But that doesn't really make a huge impact, instead, people should watch the market capitalization of bitcoin, aside from its price as we are also near to 1 trillion market cap in which for me, is better than an ATH since it will prove that market adoption is already strong and bitcoin will surely stay for long.

I think OP was stating his assumption that when Bitcoin reached its peak there is no other way but to decline/collapse.  Well, every market has that tendency, but the question is when.  OP's prediction is too generalized and lacked precision on when it will happen and how much is that highest high.  Aside from that, what makes you think, @OP, that after Bitcoin reached its peak, it will take 2 years before it started to collapse? (Ignoring XRP comparison because it doesn't make sense)

In a crypto market, every currency starts to go up and then goes down nothing lasts forever. The crypto market is not limited to one place bitcoin position in the ups and downs. I think Bitcoin will go up and down after that but it will not go down like other currencies. Crypto Market The demand for the best currency Bitcoin is always in the market.

that is the weakness of bitcoin, after the price soared and finally fell very deeply.  today the price of bitcoin has decreased which is very worrying, they should not sell bitcoin at a cheap price, in my opinion it is better to hold it.

what is that highest high . if you will say that highest is 19000 dollar you can be right because btc already starts collapsing  . accepting the down side of btc is fair because people nowadays do only speculate for the positive side of the coin and they start forgetting that btc was once volatile or unstable too .

btc has a utility and that was a currency but that was overlooked but we can say that btc main utitlity right now is an investment tool .

Even if prices fall, many traders will wait for prices to rise later highest highs and then will collapse is one of the most secure currencies and the high demand for this currency helps cryptocurrencies. Although the situation is the same in the case of XRP, but the price of currencies increases depending on Bitcoin.

What you did is just throw a wild speculation regarding Bitcoin. These kinds of things are always being said about Bitcoin but ever since Bitcoin has been always on the top of the Cryptocurrency Industry, there was just no sign on when it will collapse. They already labeled Bitcoin as a bubble but that bubble is not yet popping. 2 years maximum is what people said back in 2018 and now Bitcoin is achieving another all time high. Can we just appreciate and support Bitcoin and earn our fair share within the Cryptocurrency Industry.

without Bitcoin, blockhcain projects could stand on their own, not because Bitcoin, altcoin projects exist,
but because Bitcoin altcoin projects are popular, this has become cryptocurrency law.
Bitcoin was indeed reported in 2017 when the price of Bitcoin touched an All time high at $ 19700,
many people said it was a bubble, and it did happen. Bitcoin price fell sharply, but Bitcoin will not die,
because the Internet is the heart, if the internet is still there Bitcoin will also be alive and not collapsed.

Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.

I was expecting a major correction before the new ATH, so at least for me this is not very surprising. The basics are still strong, and this means that even if there is a temporary dip, the prices are going to rebound in a short while. My only advice would be not to indulge in panic selling. The rally has just started, and if you sell your coins now, then you may regret about it later.

Bitcoin has gone down below 17k dollars very quickly but I don't think this is the real fall. I expect a sharp decrease in the price too. But I don't think that Bitcoin will collapse any  time soon. In my opinion, after a sharp decrease, we can see the price going back to 10k in the worst case scenario.

You feel like going back to 15 thousand or below is going from bad to worse? Please! We were there a couple weeks ago. Is your memory so short that you feel like going back to a prices from October in November is a disaster?

In stocks it's a normal thing, the market goes up 10% and then falls 10% and it's never a disaster. A disaster is when it goes up 10% and falls 20% but a correction after a rally is a daily routine for evere asset.

In 2017 we were in a bull market for a year first breaking the old all time high and then reaching a new one. This time we haven't broke any ATH and the bull run lasted 2 weeks. You're comparing apples and oranges.

They are speculating without any basis, how can they predict that it will really happen. We all know that the price of bitcoin is volatile, meaning the value is changing constantly as long as there are transactions happening worldwide, but that doesn't really mean that it will collapse easily. As of now, the price of bitcoin falls down but I don't think that it will continue to fall down, we all want to see that bitcoin will reach again its highest peak that happened three years ago.

I guess we should already learned it from what happen wayback 2017 where bitcoin market value landed for almost $20000 but all of the sudden after the year ends it falls down in worse. We always kept on telling that the story repeat itself and I may not meant that we should panic selling our coins but i hope we do have a plan B if ever it happened again. I am worried it will happened again but i guess we should expect the unexpected.

I don't know where the OP got the idea that btc will collapse 2 years from now.
We are more than a decade already and here we are, still enjoying the crypto market.
Such prediction can be ignored as there is no solid basis why he is giving such statement.
There will be up and down movement, which is normal, but total collapse is not in any way in the horizon.

Even worse predictions were made in the past. Here it is mentioned about the market collapse after marking high values. Earlier people have predicted of bitcoin getting out of usage, which means no more bitcoin.

Experts too weren't able to make better and closer price predictions about the market changes. Everytime growth is related to any cause happening alongside of the bitcoin network, so is the collapse. It is all about time, demand, and various other elements that determine the growth and collapse.

Please don't compare a shitcoin such as XRP with BTC. Ripple is a scam, and sooner or later those who are investing in it will realize the same. On top of being heavily manipulated, Ripple is a very centralized cryptocurrency. In short, it is cryptocurrency in just name. XRP is similar to a central bank issued fiat currency, which exists in the format of cryptocurrency.

BTC is a top rated coin and XRP is an alternative coin comparing these two is like earth and sky, XRP is a centralised version which almost acts like decentralised technology. The majority of XRP is associated with banks which can't be considered as decentralised, the entire coins in the market is still dependent on BTC without any doubt else they would have performed if BTC goes down and collapse / high is it's nature because of high volatility.

If you think bitcoin will go higher and then later will collapse then it’s will be fair enough to also think the dollar will go high and someday collapse. Bitcoin scarcity will keep its value for a longtime.

Maximum life time of 2 years?
Did you do some research? BTC is already more rhan a decade already.
And I agree that alt-coin could be a good alternative when the fee is too high but it would depend on what we would want to use.
For me ETH is a good alternative when BTC fee is too high.

I see, OP is one of the supporters of Ripple and no doubt about that. we have been in this situation before and everything has been cleared out. because both are not the same and have different uses both are important though. I used XRP for transactions because of its low fees and fast transaction speed. Nevertheless, if only XRP was not centralized coins, its price in the market today would have been 10x or more already.

Are sure to what you said? Because you are the one who said that without any proof or evidence just make sure once you saying something make sure you have good evidence.

We don't know the exact remaining time of the bitcoin but I do not think it's 2 years maybe few decades and still popular to the online world.

There is a lot of people who are envy to the bitcoin when price is rising because the reasons they do not have bitcoins or they spread negativity to the investors so they starts panic so they can buy cheaper bitcoin.

History is cyclic, of course we will see another dump after this run. The main question is "when?"

Every topic you make is a load of crap. You talk such utter nonsense it amazing. When you think or type or speak it is as if you think what you say is something totally true beyond the fact of doubt. If you so clever why you not rich? Why don't you use your amazing super powers to save the planet?

"I give maximum life time for btc 2 years" Care to make a wager?

It is a very big claim that Bitcoin will collapse in 2 years. High fees doesn't mean that a cryptocurrency will collapse soon. If it would mean that, then e.g. Ethereum has high fees too and it will collapse soon according to your way of thinking. Bitcoin is the strongest crypto in the market as the demand continues increasing and its usage widens every year.

It will be fair if you can tell us the highest high you are talking about and the level of the crash you forsee. It is not good to thrash a thing because you feel the need to make a post. If we view it closely by the way, 2 years is enough for anyone to expect a correction. And if it eventually happens it is nothing bad because nothing goes up forever.

Bitcoin will not collapse and if Bitcoin collapses then altcoin will also collapse, because Bitcoin is the king of cryptocurrency and its dominance in the market cap is more than 60%, then the possibility of Bitcoin will collapse is very small because many people are investing in Bitcoin, besides that in my opinion the reason why Bitcoin has slow transactions and high fees is because many people make transactions using Bitcoin, so the fees are expensive and the transaction process takes a long time, but I believe Bitcoin will definitely find the right solution to improve the quality of its transactions in the future.

So, it is like what will happen in 2017 - 2018.
After the price reaches its high price, the supply may be higher than its demand, and then the price goes down and down and probably will be in the bearish time again. It is like the condition where we may be worried about the exact price after its high price. But, will the price really followed and also repeat events in the past?
If there are many more fears of the collapse and then making it as for dumping price after reaching ti ATH, it will be. But, now, I believe that many more holders and people have learned about what happened in the past. In this case, we must be more ready to wait and also face any kind of condition and probabilities. We are sure to have better condition after its bullish time right now.

Yes and if you check out the historical record of Bitcoin market price, you'll see that after new ATH price is achieved the next occasion market correction which will literally lead to blood bath.

People are aware of the past procedure of the market but no one know the precise time when the correction will happen after ATH is achieved and the best thing to do after ATH is follow the whales movement.

You might forget something. As of today, hedge fund managers example Paul Tudor had Bitcoin as part of their investment portfolios, not because of what is it or even Bitcoin is faster in transaction but the community that supports it, these geniuses believes too that this can be a great hedge for FIAT especially in this Pandemic. As some point, even cash is KING, these cash loses value because of the government who keeps on printing money to support businesses and its citizen. Though the point there is to help, it cannot be denied that it will have an effect to their economy.

XRP is an alternative token, remember that. It means alternative of bitcoin. Every coin other than bitcoin is called altcoin because it BITCOIN itself is not perfect. The fact that its price is high because there are people who believed in it, and these people are BUYERS. BUYERS and SELLERS are the one that moved the market. Since bitcoin price is higher at the moment, it means that there are buyers will to buy bitcoin at certain prices.

We cant deny that Bitcoin does have its flaws but doesnt mean that you can totally predict on when and how long it would last.Always consider the entire community whom do supporting it and
it wont really be staying up on the chain if majority of people do seeing negativity with those things that you had mentioned.

Its already been a decade but still its on top rank which does signify that nothing beats out the king or Father of all crypto. Collapse is there of course yet its part of the market movement
but doesnt mean that it would go to the floor.

Nothing is assured when it comes to future but we do saw on whats the potential of bitcoin in terms of future years to come basing up into its actually utility.
It might be have some flaws but it is already enough.

In the aftermath of the last collapse of bitcoin after attaining ATH in 2017 shoud have been used to justify your theory or speculation however despite the odd bitcoin rally up again even in this period of pandemic remained unscathed thus I don't believe in any speculative analysis of 2 years life span of bitcoin, meanwhile scalability issues of bitcoin will be well addressed and solved thus facilitating faster processing of transactions and improved Lightning Network will also take care huge fees paid on transactions thus all those theories put forward by you wouldn't hold water.  

Governments will force banks to use national centralized digital currency for bank transfers and they won't allow banks under their control to use any third party cryptocurrency for bank transfers. If governments choose digital means for bank transfers, it will be the ones are built by governments.

[GUIDE] All About Central Bank Digital Currency (CBDC) (https://bitcointalk.org/index.php?topic=5288713.msg55575529#msg55575529)

People love XRP from its crazy run in 2017 and 2018 (my memory says in that run, people were blinded with news on bank developments, partnerships with XRP in Japan). XRP is loved because its fast transaction speed and cheap fee. You are right that those characteristics don't make XRP is unique in crypto. TRON and TRC20 chain can give cheaper transaction fee than XRP.

Another xrp shill thread, nothing interesting. Of course we will see dump after new ATH sooner or later but this will not kill btc

Seems bit logical because we are experiencing this from the last couple of years we can take 2017 bullrun as a reference, similarly we can expect the same this year too as BTC has already surpassed it's ATH we can look for further movement. Right now the market is slow from few weeks and I believe it will slowly recover in few days and bounce back stronger than before. Later on we can see how the Market reacts after January 2021.

I agree that when Bitcoin reaches its highest price, it usually collapses. This is sure to happen and after that the Bitcoin price
will soon recover again. What happened in 2017 could be repeated in 2020, therefore we must be vigilant. If the price of Bitcoin
goes up, we can immediately take profit, then when the price drops we can buy again.
 

I hope you will...

Definitely, I will not be going to say that.
Besides, people are still not believing crypto at the start, they'll always think negatively and it only sinks. But look, where we are now today? No, you can't simply think that Bitcoin will collapse within two years but instead of seeing it to soar high and so the demand.

Expensive fees and slow confirmation? This never happens always and we already knew that since before. So this is not the reason if ever Bitcoin will collapse.

I think Bitcoin will never collapse, because Bitcoin has a lot of strong communities, to hold Bitcoin in order to survive, but if that will happen in the next 2 years then Bitcoin is correcting. for the problem of bitcoin transactions it is very slow because of the many confirmation requests, but if that happens you should use the Alternative route to exchange Bitcoin to Altcoins then exchange to fiat using Altcoin XRP or others so that your transactions are cheap and can be confirmed quickly by miners.

This is possible, but I think bitcoin will not collapse for the next 10 years, since the level of investment in bitcoin is quite large and colossal funds will be required to bring down its rate, and not everyone will be able to do this, especially since bitcoin is now at the peak of its demand and few people will want to just dump it

Collapse?
Not everyone think as you though, I don't see bitcoin collapsing anytime soon or even in the future, rather I see it breaking more highs as time goes on, also about the utility part I know bitcoin is not the fastest in terms of transactions, but I think the usage of bitcoin depends on the user, recently bitcoin is been used as a store of value,that's why you see  alot of companies buying huge amount of it , as it is referred to as the digital gold,some people use as an investment tool also, so the utility has gone beyond just transferring money from one place to another.

If you mean price correction by collapse then its expected. If bitcoin collapse then all coins will also undergo the same. These are normal things to occur as we have always experienced but not because of the conformation issues or fees. Currently there are many developments to solve all these core problems which sooner or later it will be achieved. Xrp is not an alternative replacement or solution to replace bitcoin whether for fast or slow confirmation and fees.

Fees are getting high and the network is getting sluggish. It is becoming insane to pay over $10 for transferring $30 which is the reason why I believe collapse is imminent. However, just like in the past, it is more likely traders move on to some other random altcoin and pump them up as usual. If we witness a sudden fall in the price of the bitcoin today, I am very sure the ATH has been set for 2020. Nobody could predict btc will reach above 20k in the year 2020 despite the pandemic and growing news about crypto regulations that spring around the countries. The current trend might also result in repeated pattern in term of sudden fall that happened in the past

I correct myself I have new information now.


The Bitcoin only will crash to get coins out of weak hands. 

then after couple of week? this is what you saying now?


We don't need to be certain in every words we say mate ,Better DIG DEEPER first before giving a concrete terminologies because this market and forum is a serious matter.

Good that you now change your point of Views ,I salute people who accepts mistakes ..Better Luck this thread now since you have changed your Views now to Stop more convo in a things you already changed.

Ideally a centralized shitcoin such as XRP should never be compared with Bitcoin. That said, we have several cryptocurrencies available in the market, whose technology is much better than that of Bitcoin. But I don't think that any of these coins will be able to "replace" Bitcoin. Because Bitcoin is the original cryptocurrency. Others may be more advanced, but they have just copied 95% of the idea from Bitcoin.