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Bitcoin => Bitcoin Discussion => Topic started by: 4king on February 05, 2021, 10:34:04 AM



Title: Can Bitcoin Crash?
Post by: 4king on February 05, 2021, 10:34:04 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/


Title: Re: Can Bitcoin Crash?
Post by: Lorence.xD on February 05, 2021, 10:43:39 AM
Technically it is possible if we are talking about crashing to zero. It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.


Title: Re: Can Bitcoin Crash?
Post by: Mika220 on February 05, 2021, 11:12:43 AM
Given the support for investment giants like Grayscale, for example, this is not an option. BTC has a very serious interest from around the world.


Title: Re: Can Bitcoin Crash?
Post by: BlackHatCoiner on February 05, 2021, 11:20:28 AM
Everything can crash, including bitcoin. Actually, especially bitcoin since we're all bullish. There is much more volatility on cryptocurrencies and bitcoin comparing to gold and silver. Bitcoin crashed in 2017, but this time it doesn't seem the same to me. There were even more serious crashes before 2017. For example in 2013. Bitcoin went from $1000 to $200, ouch!

I personally think that it'll start being less volatile over time.


Title: Re: Can Bitcoin Crash?
Post by: Jawhead999 on February 05, 2021, 11:26:04 AM
Technically it is possible if we are talking about crashing to zero.
It's not possible Bitcoin will crash into zero, zero means no demand on Bitcoin. I believe there's some people still interested with Bitcoin and buy it for fun only.


For @OP Bitcoin can crash anytime if something like serious/critical attack occur, but it's hard to think which attack will happen in the future.

I've read the article you said Bitcoin can't crash, I think you were wrong because Bitcoin is high risk and the market can be manipulated by whales. If Bitcoin can't crash, why on 2018 Bitcoin suddenly dropped from $19,000 to $3,500?


Title: Re: Can Bitcoin Crash?
Post by: Similificator on February 05, 2021, 11:27:03 AM
If ever this question were a few years back, then I  think that it is highly possible. But in today's time, I really do not think so, just imagine the big people backing it up and the loads of people interested with not just bitcoin but this entire industry. But this is just my perspective though. Even so, we still can't say for sure what happens tomorrow.


Title: Re: Can Bitcoin Crash?
Post by: Lorence.xD on February 05, 2021, 11:29:56 AM
~
It's not possible Bitcoin will crash into zero, zero means no demand on Bitcoin. I believe there's some people still interested with Bitcoin and buy it for fun only.
That is why there is a technically added there. Which means that in the most literal sense, bitcoin can crash to zero disregarding the factor of people that are still going to buy and the demand for bitcoin is constant.


Title: Re: Can Bitcoin Crash?
Post by: Oasisman on February 05, 2021, 11:32:15 AM
Well, Bitcoin is always vulnerable to crashes. But I don't know how you define a crash, is it something that usually happens after the bullrun, or a crash that could potentially kill Bitcoin.
Bitcoin actually crashed many times already and bounces back stronger.

We could've discuss a more specific topic about Bitcoin crashes If you have converted your article in this post.
Some people like me are sometimes lazy in opening links. I mean I understand you need to have more page visitors.


Title: Re: Can Bitcoin Crash?
Post by: bosede1 on February 05, 2021, 11:44:34 AM
Referring to the first paragraph of the article link you sent I will say a drop of water cannot make an ocean in a day. There have been many technological advancements all over the world and I will say it was not a day such was invented and embraced by the masses bitcoin has continued to gain recognition all over the world as the year goes by so I don't think there is an issue with that but can Bitcoin crashed I will say logically No.


Title: Re: Can Bitcoin Crash?
Post by: hugeblack on February 05, 2021, 12:14:14 PM
Economically: crash means the sudden decline in the value of the currency, some consider the decline by 30%, and others consider the limits at 70% to 80%.

Quote
A crash is a sudden and significant decline in the value of a market. A crash is most often associated with an inflated stock market, though any market can crash, for example, the international oil market in 2016

Has a Bitcoin price crash? Yes, at the beginning of 2018, the price collapsed to about 80%, so it is possible.

We are now in a price bubble, and a collapse is not unlikely, but it will happen sooner or later.



Title: Re: Can Bitcoin Crash?
Post by: Kakmakr on February 05, 2021, 12:14:56 PM
It is very clear that some people are not even reading the article that was posted by OP. The crash that this article are referring to is not a price crash, but rather a failure of the network.  ::)

Now, if you understand that Bitcoin is a decentralized network and that it consist of 1000's of independent nodes, then you will will grasp that something has to go very wrong for all of those nodes to crash at the same time. (globally)

Now, let's say something like this happened and it was a problem in the protocol.. then this will be fixed in a matter of hours and the new update will be made available and the nodes that accept the changes will be up and running within a couple of hours with the new protocol in place.

That said... something like this will most probably never happen, because the code has been peer reviewed my 1000's of developers and it has been tested on the TestNet .... so it is very solid at this stage.  ;)


Title: Re: Can Bitcoin Crash?
Post by: btc78 on February 05, 2021, 12:15:42 PM
Technically it is possible if we are talking about crashing to zero.
Nope it wont happen , because at least there are still one person that will keep the hold so backing to zero value is Impossible to happen and that's for sure , because even you all sold your coins i will at least Hold my small amount in wallet that will bring this to have value still.
Quote
It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.
Actually the crash that might happen is what we had last month , when the Pandemic comes and the value drops high more than 100% but crashing to no value will never come.


Title: Re: Can Bitcoin Crash?
Post by: arwin100 on February 05, 2021, 12:52:06 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

Actually yes and it happens before just take a look on what happen on year 2017 to 2018 the price of bitcoin suffer to much from huge dump came, people are in state of panic at that time since bitcoin came from $19k and drop for $3k + check this site you can see an interesting bitcoin price history here https://finance.yahoo.com/quote/BTC-USD/history?period1=1514782800&period2=1546664400&interval=1d&filter=history&frequency=1d


Title: Re: Can Bitcoin Crash?
Post by: Jemzx00 on February 05, 2021, 01:22:01 PM
Technically it is possible if we are talking about crashing to zero.
Nope it wont happen , because at least there are still one person that will keep the hold so backing to zero value is Impossible to happen and that's for sure , because even you all sold your coins i will at least Hold my small amount in wallet that will bring this to have value still.
It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.
Actually the crash that might happen is what we had last month , when the Pandemic comes and the value drops high more than 100% but crashing to no value will never come.
I agree to disagree, yes they probability of bitcoin crashing to zero to no value in very slim to nothing but I don't think that it will be the case forever. At some time, the market may crash so hard to even hitting the zero value which may be because of many factors that we haven't encountered yet on bitcoin. So yeah, technically bitcoin may crash up to zero value but the chances that it might happen is very slim.

Anyway, we have nothing to worry about as we haven't encountered any issues on bitcoin that will put all of its value to nothing and just as Lorence.xD said that even after many crashes that happened in the past, bitcoin always proves itself and bounces back with even higher value.


Title: Re: Can Bitcoin Crash?
Post by: kevinzxz on February 05, 2021, 01:40:46 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

you mean the price? if yes, then you should check the price chart of Bitcoin, because the price of Bitcoin has crashed several times, but Bitcoin is still surviving and recovering, so that makes me believe if Bitcoin is very strong and nothing can make Bitcoin die, because many people already believe to investing in Bitcoin and HOLD for the long term, therefore I believe that the price of Bitcoin will continue to increase very high until whenever.


Title: Re: Can Bitcoin Crash?
Post by: stompix on February 05, 2021, 01:45:06 PM
Quote
There is the whisper of whether Bitcoin could be hacked, but this too is impossible as that would mean that the hacker has gained 51% of the network. It is currently believed that there are 10,000 full nodes (not counting the smaller nodes) that maintain the network. That would mean that a hacker has gained access to over 5,000 nodes on the network. Impossible. But we’ll get into this in our next installment, watch this space.

You should really start learning about bitcoin before talking about it.
You've made a mess out of two possible attacks on the bitcoin network, the 51% hash rate attack and a Sybil attack on nodes, nodes and miners are two different things, and the ways the two attacks would take place also having far too little in common.

https://en.bitcoin.it/wiki/Weaknesses#Sybil_attack
https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_power

Quote
However, it does require miners to verify and execute the transactions, and the nodes to store the history on the blockchain.

Again, read before trying to write:
Difference Between Miners and Nodes (https://bitcointalk.org/index.php?topic=1734235.msg17364461#msg17364461)


Also, just lol at.."not counting the smaller nodes', what the hell are "smaller" nodes  ;D ;D
Seriously, it's becoming annoying when everyone thinks he can write articles about bitcoin two days after he has heard of it.





Title: Re: Can Bitcoin Crash?
Post by: ethereumhunter on February 05, 2021, 01:48:26 PM
Bitcoin can crash, of course. But the point, how deep bitcoin will go down? No one will know, and we can only guess about that. But we already knew that bitcoin crash from $19k to $3,500, so that can happen again in the future. But we hope that the price will not go down too deep in the future and will not make the investors panic. But instead of thinking about bitcoin can crash or not, we should enjoy this moment and keep trying to make as much profit as we can, so we can make money before we are late.


Title: Re: Can Bitcoin Crash?
Post by: GreatArkansas on February 05, 2021, 01:52:31 PM
(.....)
you mean the price? if yes, then you should check the price chart of Bitcoin, because the price of Bitcoin has crashed several times, but Bitcoin is still surviving and recovering, (....)
If you try to visit the link provided by OP, it is talking mostly on Bitcoin network itself, like how it is built or the technology behind it, just like what stompix said.

Regarding this question, most of these are just FUD, or they want people to panic.
If we talk about price, maybe we can say correction rather than crash, it is normal on the price ofcourse.

Additional, we can see the Bitcoin Obituaries here, how many they are declaring Bitcoin is dead - Bitcoin Obituaries - Bitcoin declared dead (https://99bitcoins.com/bitcoin-obituaries/)


Title: Re: Can Bitcoin Crash?
Post by: Coin_trader on February 05, 2021, 01:59:28 PM
A lot of institutional investors already have a huge position in Bitcoin and will take that same amount or more money dump the current Bitcoin price since Institutional investors will never give up there position without having enough liquidity to fulfil there holdings. The only scenario that might cause a crash on Bitcoin is another outbreak of virus that will result to global financial crisis. Besides that, Bitcoin seems pretty solid.

Correction is high chance to occur but price Crash? Its almost impossible.


Title: Re: Can Bitcoin Crash?
Post by: bassbity on February 05, 2021, 02:04:01 PM
to fall totally to the bottom, it was very unlikely. the reason is that so far bitcoin has not been abandoned, and is also held by the world's great leaders and businessmen. bitcoin must be a reference to stay standing. because with the existence of bitcoin, the paradigm of people in each country has good hopes for the future. personally I can't have any other reason to say bitcoin fell to zero. but to say as the foundation of the economy in the future, then I will be very confident, that later we can see bitcoin accepted all over the world without exception.


Title: Re: Can Bitcoin Crash?
Post by: posi on February 05, 2021, 02:07:05 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.
First, Bitcoin has gained the attention it deserves right from its creation through the support of the community but the government, banking sectors, and the institution just believe it was a mere joke. However, the  International Monetary Fund understand the era is fiat currency lead to failure, and there a need for the implementation of digital currency which they advised the government/central bank to create one but they seem not to believe it all until the pandemic happen which unleash the potential of Bitcoin to the world.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
After wasting the 2mins of my time reading the article, I believe you want the article to gain more traffic but to answer your question, Bitcoin can crash only if the miners choose not to mine it just like what we see during the season when BCH was forked and gained the attention of a lot Bitcoin miners.


Title: Re: Can Bitcoin Crash?
Post by: kryptqnick on February 05, 2021, 02:07:50 PM
I think a big problem is with the word itself because 'crash' can be understood in many ways. The article seems to offer the meaning of crashing as shutting down, basically, and in that case I agree that it's not something that can just be wiped out of existence by some authority. Others in the thread replied about crashing in terms of the price, and while the price is not likely to go to $1k or less, it certainly might happen (there's nothing in principle that doesn't allow it to happen at some point). As for me, I understood it in terms of functionality issues, and when the network is overloaded with transactions, many of them can get stuck for some time, so in this sense Bitcoin can temporarily "crash".


Title: Re: Can Bitcoin Crash?
Post by: ChiBitCTy on February 05, 2021, 02:30:14 PM
Bitcoin certainly could crash.  However I don't see this happening anytime soon and the truth is there are a few things that would/could help keep bitcoin around for a long time, regardless of most public sentiment.. one example being online casinos.  Bitcoin changed the game for those businesses.  Beforehand you had to use a credit card or cash to fund those accounts, then your winning came back in some shady check form some offshore island no ones ever hear of...crypto changed all of that.  Payments were instant, no shady checks etc.  This will not change anytime soon, hence one example of what will keep it around imo.


Title: Re: Can Bitcoin Crash?
Post by: abel1337 on February 05, 2021, 02:34:04 PM
I won't be shocked if bitcoin experienced a big dump or a downtrend one of these days, It possible even though there are big giants now that are backing up bitcoin like grayscale.

But a price crash? Nah it won't happen immediately but very possible in the future like what happened in the recent crash. There is a history of bitcoin crashing before so even though bitcoin has huge investors now, the possibility is still there.


Title: Re: Can Bitcoin Crash?
Post by: Review Master on February 05, 2021, 02:41:50 PM
The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

When bear market was going on, few media was active in that time. But now market is on bullish trend and every media are promoting Bitcoin. This is ridiculous and media is only here for their own advantage, not for bitcoin. Also, i read included article and it seems to be a article about basic information like bitcoin network will explode or not, don't have enoguh info regarding bull/bear trend or price analysis of bitcoin.


Title: Re: Can Bitcoin Crash?
Post by: rhomelmabini on February 05, 2021, 02:42:03 PM
Getting onto the article and it isn't a surprise that the site was yours but I think you just answered your own topic here. Well, we know how decentralized (some say it isn't anymore) it is but I think the catalyst that will trigger the crash if there are some people that want to exploit and gained 51% or more of the network, everything is possible but as you said it may take a long long time. The old saying says "there's always an ending" and that may happen as well to bitcoin who knows if that time was when all bitcoin was mined centuries from now.


Title: Re: Can Bitcoin Crash?
Post by: onecall123 on February 05, 2021, 02:54:08 PM
Crash the other part of Success so you don't just anticipate one things. However, This time bullish trend kind of different than 2017 and many institutions are getting involve. AS, After some pull back BTC again break $38k barrier and hopefully very possible next stop for Bitcoin price $40k. It's up to you whether you're looking those downtrend or confirm your profit.


Title: Re: Can Bitcoin Crash?
Post by: suzanne5223 on February 05, 2021, 04:28:52 PM
Theoretically, if we are talking about a crash in price every speculative is subject to crash since there are some activities like demand, supply and relative news which will impact the price of the market which is the reason why I somehow hope there won't be any possibility for the institutions which are the major investors of the market to dump their holding now or in the future but the current monetary policy of the government is what makes Bitcoin thrive so I don't expect that to happen though.

But if we are talking about the total crash of the market Bitcoin will only crash if the community and miners don't support it.


Title: Re: Can Bitcoin Crash?
Post by: Banprox on February 05, 2021, 04:54:35 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
I can't appreciate with your opinion. I don't think so. I don't think that Bitcoin will crash. Bitcoin is one of the greatest Crypto currency in the present age. This is so much good and potential. I think Other Cryptos are dependent upon Bitcoin. So Bitcoin never crushed.


Title: Re: Can Bitcoin Crash?
Post by: YOSHIE on February 05, 2021, 05:15:55 PM
The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?
Although you currently have 3 posts visible, but you have been aware of the forums and Bitcoin since 2016, this is a sign that you know all the history of Bitcoin development.

You can review your story in 2017-18 and now 2021, history can change every year, Bitcoin is traded on the internet market, not in the real market, at any time it can change in an instant, the same can happen to Bitcoin, that's already a positive thing in the crypto / internet market.

All you need to know is Bitcoin is currently on the rise throughout the world and is breaking record highs from the previous year, two possible ways of thinking of staying in the current position or falling down at the lowest level than before, what is clear is that anything can happen in the world of trading, that's the point.
Now it depends on how you think about Bitcoin going up, holding it down or going lower.


Title: Re: Can Bitcoin Crash?
Post by: Jaycee99 on February 05, 2021, 05:34:10 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

As for anything that can be possible, for now, it cant happen bitcoin won't even if critics might guess that bitcoin might hit its zero value.  

 I only see that if that happens bitcoin may crash for a possible reason

1. People stop investing in bitcoin because they might saw other better alternatives to invest in.
From what I see it won't happen for now.

2. There is a certain virus that crushed cryptocurrency.
Well, we all know a virus is a virus lest just say a certain malware of what that is powerful enough to kill the road that bitcoin is walking.

3. Maybe there was a miracle that all people who invest in bitcoin and all at once sell their bitcoin.
As we know the movement of bitcoins value depends on the investors.






Title: Re: Can Bitcoin Crash?
Post by: DarkDays on February 05, 2021, 05:46:23 PM
I think a big problem is with the word itself because 'crash' can be understood in many ways. The article seems to offer the meaning of crashing as shutting down, basically, and in that case I agree that it's not something that can just be wiped out of existence by some authority.
As far as the price is concerned, yeah, there could be a 'crush' in the sense that the price could fall dramatically from today's 35K+.

As for the Bitcoin itself as a cryptocurrency, the event is near to impossible to happen. So, I don't buy this article, even if it was written in some convincing way.

Bitcoin is strong because of people. How can it just 'get shut' down - it can't.


Title: Re: Can Bitcoin Crash?
Post by: cryptozanga on February 05, 2021, 06:42:23 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

Of course Bitcoin will crash, we are in a Bubble right now...


Title: Re: Can Bitcoin Crash?
Post by: jossiel on February 05, 2021, 06:42:52 PM
but can Bitcoin actually crash?
It can.

But what makes you think that it can't? Bitcoin is still a speculative asset and it can crash for every crashing speculation by the majority or any popular guy in the community. However, bitcoin being that type of asset is stronger today because we've got the stronger investors too, the institutions.

It might crash anytime but there are always those investors who are willing to buy those bitcoins that will have the discount if it happens.


Title: Re: Can Bitcoin Crash?
Post by: fiulpro on February 05, 2021, 06:57:45 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

See any asset will CRASH for sure but when i think about this article I think they are more concerned about the price rather than what we should be concerned about is actually:
Market adoption
People have started accepting cryptocurrencies not just for price but for adoption. The financial freedom it comes with during the pandemic is worth having those bitcoins with you despite being any crash.
Right now I will keep holding my btc despite this being high time to trade because I do believe that during quarantine anything can happen and I do not trust my banks to take care of us and nor do we have any governmental care to give us money every month like in USA.
I do think no authority can wipe it out !
Because we people have the freedom to do anything if we are all together honestly.


Title: Re: Can Bitcoin Crash?
Post by: 7788bitcoin on February 05, 2021, 07:18:41 PM
I think a big problem is with the word itself because 'crash' can be understood in many ways. The article seems to offer the meaning of crashing as shutting down, basically, and in that case I agree that it's not something that can just be wiped out of existence by some authority.
If there is a global unity from all the governments to shut down the big mining farms around the globe at once then it is possible to disrupt things for a while and that gives the boost for small time miners to run their home based mining and it will continue to function as normal until these government starts attacking the network with the help of these mining farms they confiscated ;D .

So hypothetically it is possible but in the real world it is impossible to see something like that happening because billions of dollars are at stake and no government in the right sense will attack these business enterprises.


Title: Re: Can Bitcoin Crash?
Post by: ShowOff on February 05, 2021, 07:31:55 PM
Economically: crash means the sudden decline in the value of the currency, some consider the decline by 30%, and others consider the limits at 70% to 80%.

Quote
A crash is a sudden and significant decline in the value of a market. A crash is most often associated with an inflated stock market, though any market can crash, for example, the international oil market in 2016

Has a Bitcoin price crash? Yes, at the beginning of 2018, the price collapsed to about 80%, so it is possible.

We are now in a price bubble, and a collapse is not unlikely, but it will happen sooner or later.
I firmly believe that what you are saying is the fact that Bitcoin has the potential to fall in the future. History says so and there is always the potential for decline after major milestones or ATH.

However, bitcoin ATH this time has a lot of support from institutional investor and will provide a bit of a strong defense against bitcoin price as long as they store bitcoin. This will be something different from the previous ATH bitcoin known due to increased interest in ICO and growing investor.

OP, I just wanted to tell you that don't be afraid of the future of bitcoin because as long as bitcoin is in demand it will still be valuable. Price fluctuation is a sure thing regardless of how price bitcoin is being traded.


Title: Re: Can Bitcoin Crash?
Post by: eaLiTy on February 05, 2021, 07:39:47 PM
Bitcoin is entirely digital. There is, and never will be, a physical form of the digital currency. While fiat currencies have notes and coins, Bitcoin, or any cryptocurrency, will never take on a physical form

The above is a quote from your site, since you claim that there will never be a physical form of digital currency, have you heard about physical BTCitcoin such as Casascius, Cryptmint coins and other forms of physical coins created by the fans. Then you can have physical bonds if any government is willing to hold a portion of BTCitcoin and start selling these bonds or even physical currency pledging BTCitcoin and countries undergoing inflation can allows adopt these, so you cannot say impossible :P.


Title: Re: Can Bitcoin Crash?
Post by: adzino on February 05, 2021, 08:00:22 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
You article concludes by saying that bitcoin can never crash, which isn't true. Yes, it can crash. What if a vulnerability has been found which can't be fixed? What if we find some algorithms or computing power where the chain can be easily manipulated? What if all the government of the world unite together and impose a ban on using bitcoin? What if they make using bitcoin illegal, hence you cannot use it to exchange goods? What if a technology better than blockchain and crypto currency is found making bitcoin obsolete? The price will crash. Though the chances of these happening is small, there still is a chance.


Title: Re: Can Bitcoin Crash?
Post by: pixie85 on February 05, 2021, 08:11:21 PM
It can and it will.

Bitcoin always goes through cycles and these cycles aren't going to stop just because institutions have invested. These cycles are there because people always overbuy and oversell and go from greed into fear and back into greed.

In this cycle we are still between the lowest and the highest point so it's too early for a crash but it will happen. Maybe at 50 thousand, maybe at 100, we'll see.



Title: Re: Can Bitcoin Crash?
Post by: Bitcoinislife09 on February 05, 2021, 08:12:44 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

It is technically possible when we have no demand in the market for bitcoin or if a 21million supply is too many for a few people or demand in the market. But in my opinion, it will never happen today or in the coming years unless something happened that messes up everything in the bitcoin technology or if it is a hack. If we see the demand in the market for bitcoin it is almost impossible for the price to hit 0 if talking about dumping like 10k$ it is still possible like maybe if the market is manipulated so that people could invest in a lot cheaper price of bitcoin they just need to sell a large portion of bitcoin and that could totally crash the market price.


Title: Re: Can Bitcoin Crash?
Post by: irixo10 on February 05, 2021, 08:13:44 PM
Good technological innovations do not crash they only keep growing amidst the challenges ahead, every technology didn't had it easy, they struggle at one point before breaking through, gained attention and bloom. Bitcoin started for a long time now, it didn't had it easy as well and if it didn't crash in the early stage but struggled to retain its value and grew to this stage then it can only get better and stronger. However, one shouldn't confuse crashing with bear market or market correction as bear market is one of the stages which will always be in the crypto space because we humans will always have different opinions and reasons while crashing in the sense of going out of existence is impossible not with what has been achieved already.


Title: Re: Can Bitcoin Crash?
Post by: Tstar on February 05, 2021, 08:16:30 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/

In your article, you are talking much more about the Bitcoin fundaments than the crashing scenarios.

While the 51% attack on the network is possible, the more plausible scenario is governments regulating it hard/forbid it, similar to India recently. But I think Bitcoin and crypto are here to stay.


Title: Re: Can Bitcoin Crash?
Post by: Twinkledoe on February 05, 2021, 08:25:04 PM
Good technological innovations do not crash they only keep growing amidst the challenges ahead, every technology didn't had it easy, they struggle at one point before breaking through, gained attention and bloom. Bitcoin started for a long time now, it didn't had it easy as well and if it didn't crash in the early stage but struggled to retain its value and grew to this stage then it can only get better and stronger. However, one shouldn't confuse crashing with bear market or market correction as bear market is one of the stages which will always be in the crypto space because we humans will always have different opinions and reasons while crashing in the sense of going out of existence is impossible not with what has been achieved already.

There will always be crash but how deep? This is hard to answer though. There will always be ups and downs in the market. So if you call the dips as crash, then we will always have that. Every coin will have that scenario not only bitcoin. And right now, I don't think bitcoin will crash at the bottom level, we are already past that. There are so many stakeholders that are already in this community. Aside from that, adoption is growing owed to this pandemic.


Title: Re: Can Bitcoin Crash?
Post by: Iranus on February 05, 2021, 08:32:17 PM
Not only Bitcoin, anything can be crashed. But the main thing is the ability of recovery after getting crash. In previous BTC market has been crashed a lot, After the adorable pump of 2017 the BTC market has been collapsed near around 500%, Price has been fallen to $3500 from $19000, More than 90% investors and hodlers have been loss their hope and left the market. But you can see just only gap of two years the market is recovered with 27697% ROI(return of investment). So at present no one is bothered about crash, everyone is waiting to buy at cheap price again.


Title: Re: Can Bitcoin Crash?
Post by: carlfebz2 on February 05, 2021, 08:35:39 PM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
Yeah, you are just trying to shill out and trying to find out some clicks for your 4king website.  :D

When it comes to crash history then this site is much worth of to read on: https://www.exodus.io/blog/bitcoin-crash-history/

Generally speaking about Can bitcoin crash? Of course it does, this wont be called a market if we do just see continous price increase without
any pullbacks or consolidations.




Title: Re: Can Bitcoin Crash?
Post by: Lordhermes on February 05, 2021, 08:46:51 PM
Your question need to be highligted whether Bitcoin will crash or cryptocurrencies as a whole, which really are you talking about.?
IMO, Bitcoin had passed through so many criticism right from the start since 2009 through governmental and individual complaints, now Bitcoin births altcoins making the whole system of crypto embodiments, on that note, it is the representation of ones bank while at the other end it's unacessible to other users, so if it crashes, it's because of the key owner's mistake, I mean, the term crashes has to do with the owner of the wallets misbehavior that's leads to hacking and frauding his wallets.
Also, if it happened to have been crashed, it would have done that since the days of ICO when China government banned ICO presale., So therefore Bitcoin is not going to crash anytime soon.


Title: Re: Can Bitcoin Crash?
Post by: hulla on February 05, 2021, 08:56:37 PM
Although, the OP question was not specified the aspect of Bitcoin to crash he really means and there's a saying that nothing is impossible in the market, which I believe something will trigger it but Bitcoin seems to have passed the level of it to totally crash cause it biggest enemies have now chosen to accumulate it.


Title: Re: Can Bitcoin Crash?
Post by: Monalisa Emparato on February 05, 2021, 09:02:51 PM
No, bitcoin cannot crash.


Title: Re: Can Bitcoin Crash?
Post by: Traderbtcc on February 05, 2021, 09:27:01 PM
Technically it is possible if we are talking about crashing to zero.
I doubt if this is actually possible, there's no way the price of bitcoin can crash down to zero, even the 2017 bull run when bitcoin crashed from $20k it stopped at $6k - $3k, it's didn't crash back down to zero, another example is during the pandemic last year ( the first wave of covid-19) I remember the whole financial market crashed, bitcoin still didn't crash back to zero, so there's absolutely nothing that can make the price of bitcoin to crash down to zero.
It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.
Bitcoiners will always hodl no matter the dump on bitcoin price,cause just as you said it always bounce back even better.


Title: Re: Can Bitcoin Crash?
Post by: Myleschetty on February 05, 2021, 09:32:19 PM
Bitcoin can not crash.
The previous US SEC Chairman once make a statement that thrills me more about cryptocurrency he said "the current payment system which is not up to the task is what helping the price of Bitcoin" and if we look at it, the institution are now the major crypto investors which mean the US SEC chairman was truth definitely there's no reason for Bitcoin to crash.


Title: Re: Can Bitcoin Crash?
Post by: jahepahit on February 05, 2021, 09:54:00 PM
one way that bitcoin can crash to zero is if buyers stops buying and seller stop selling. this is very difficult thing to happen. one sure thing that will keep happening is the price going down to some certain ridiculous levels and then it keeps up again over time  .                                                                                         


Title: Re: Can Bitcoin Crash?
Post by: CarnagexD on February 05, 2021, 09:59:52 PM
Bitcoin is still prone to crash, one happened last year and another may come sooner when whales decide to jump ship. Honestly it's kind of pathetic that at this point, we're once again at the mercy of these whales out there who with a single press of a button, can cumulatively make bitcoin worth dirt-cheap. Not to mention the fact that more and more corporations invest on crypto which is good for the coin but bad for the small-time investors like me.
in general bitcoin can experience a fall. but remember, there must be a special and big cause of the fall of bitcoin. because I think currently bitcoin is experiencing a rapid increase the market will not allow bitcoin to fall quickly. but in the future, bitcoin will fall just a matter of time and it will be a good moment to buy bitcoin in large quantities
Having lived to witness the GameStonks phenomena, I would beg to disagree to your statement that there has to be a major reason for bitcoin's crash if it were to happen, sometimes things like this can happen out of spite.


Title: Re: Can Bitcoin Crash?
Post by: coolcoinz on February 06, 2021, 11:31:50 PM
one way that bitcoin can crash to zero is if buyers stops buying and seller stop selling. this is very difficult thing to happen. one sure thing that will keep happening is the price going down to some certain ridiculous levels and then it keeps up again over time  .                                                                                         

It doesn't work this way. If there's no trading on exchanges the price will flatline on the last traded level. If it were like you're saying, if suddenly people stopped trading real estate in your area, the house you paid a million dollars for would instantly go to 0. Trading can stop for many reasons. For instance, last year US stock exchanges were closed to stop people from selling and it did not make stocks go to 0. When trading resumed it begun and the level from before the shutdown.


Title: Re: Can Bitcoin Crash?
Post by: markleal on February 06, 2021, 11:36:55 PM
Hi there 4king, it is very far compare to crashing a boeing. It been more than 12 years since the network been live and since then there are several price pump and price dump. Until now the network and the price is still intact actually, there are increasing number of people that join in the bitcoin era. It is very far that the bitcoin will crash. It is like asking will the internet crash.


Title: Re: Can Bitcoin Crash?
Post by: repear7 on February 07, 2021, 04:58:01 AM
one way that bitcoin can crash to zero is if buyers stops buying and seller stop selling. this is very difficult thing to happen. one sure thing that will keep happening is the price going down to some certain ridiculous levels and then it keeps up again over time  .                                                                                         
Bitcoin is most popular cryptocurrency. I believe traders will never stop trading bitcoin. Even, Sometimes full cryptocurrency market depend on bitcoin.


Title: Re: Can Bitcoin Crash?
Post by: kolesozw on February 07, 2021, 05:09:10 AM
From my observations, now Bitcoin can go only in one direction - to the Moon!

Yes, we will observe short-term drops, but the general direction is up! And it can't be otherwise with the interest of mainstream media, institutional investors and regular guys.



Title: Re: Can Bitcoin Crash?
Post by: LogitechMouse on February 07, 2021, 05:59:42 AM
Technically it is possible if we are talking about crashing to zero.
Bitcoin going to zero is like all of the holders of Bitcoin will sell all of their holdings. Do you think it will happen?? ALL of the Bitcoin holders will sell all of their Bitcoin just to make its price go to zero?? Kinda impossible or in short its impossible to happen.

Crashes in crypto space are normal already and we've seen it many times. I've been learning crypto since 2017 and from that year until the present, I've seen Bitcoin made a major/huge crash twice (start of 2018 and the Pandemic Crash). Fortunately, after a crash there will be some who are happy because they bought Bitcoin at a lower price and there are some who are sad because they see their portfolio at a loss and some cut loss. Crashes are normal. Yes it will happen but if you will project Bitcoin in long term, it will always be going upwards :).


Title: Re: Can Bitcoin Crash?
Post by: Altcoinsintel on February 07, 2021, 08:16:52 AM
... but can Bitcoin actually crash?

I would prefer to create an article in this forum and expand some thoughts written from the article in the link given, as I am not going to follow that.

We all know that Bitcoin will crash. This comes with 100% certainty. Looking at Bitcoin historically we see it crashing very often, however the lowest price it crashes is always higher from the price the rally started. Bitcoin crashes, it is then declared dead by media and at a point it begins recovery again reaching new all time high prices.


Title: Re: Can Bitcoin Crash?
Post by: ifty12 on February 07, 2021, 09:57:40 AM
yes it can. its very obvious. You have to always put it in your memory that bitcoin is something which got pump from  20 dollar  to the value of todays. Value of bitcoin depends supply and demand of its. obviously bitcoin will get crash. 


Title: Re: Can Bitcoin Crash?
Post by: xSkylarx on February 07, 2021, 10:08:37 AM
Bitcoin does crash when some bad news happens then some people will panic sell their holdings thinking that bitcoin would dump hard, this will be an opportunity for buyers to accumulate bitcoin. But as always, it recovers its original price and even surpasses the ATH as years pass.

But if OP means crash to the point that it will become worthless, I don't see it happening now or anytime soon. Many financial institutions now are investing in bitcoin, they are starting to acknowledge blockchain technology and the use of digital currencies.


Title: Re: Can Bitcoin Crash?
Post by: 0t3p0t on February 07, 2021, 10:18:42 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
All things created by humans or even the nature itself crashed so let's just expect the unexpected. If you are talking about Bitcoin price I think it needs to reach $1 a coin and we call it a crash.


Title: Re: Can Bitcoin Crash?
Post by: blckhawk on February 07, 2021, 10:40:14 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
Definitely yes, Bitcoin can crash anytime and it is very normal in the crypto market. As a matter of fact, there have been numerous times it crashes like we had experience in 2018. It is possible as well that it may get a zero value but that is very unlikely to happen knowing that the crypto market and Bitcoin are now being recognized by institutional investors. But these crashes won't be the end of Bitcoin because it will always bounce back and will break a new record. These crash also can be your opportunity for you to procure Bitcoin to hold so I think there's nothing wrong if Bitcoin crash. Besides, I think crashes are sometimes healthy for the market.


Title: Re: Can Bitcoin Crash?
Post by: MCobian on February 07, 2021, 11:42:12 AM
If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.


Title: Re: Can Bitcoin Crash?
Post by: FIFA worldcup on February 07, 2021, 11:59:44 AM
If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.


Bitcoin will not crash but it may take correction. Bitcoin will never become zero. Although it may seems that bitcoin is at 40K and looks quite expensive as compare to few months before when bitcoin price was only 12K. However, in few years time you will look back and find the current value at 40K to be very cheap.


Title: Re: Can Bitcoin Crash?
Post by: Kittygalore on February 07, 2021, 01:17:32 PM
Bitcoin can crash, of course. But the point, how deep bitcoin will go down? No one will know, and we can only guess about that. But we already knew that bitcoin crash from $19k to $3,500, so that can happen again in the future. But we hope that the price will not go down too deep in the future and will not make the investors panic. But instead of thinking about bitcoin can crash or not, we should enjoy this moment and keep trying to make as much profit as we can, so we can make money before we are late.
Many seems to disagree with the possibility that bitcoin will crash. They seem to bring up the part where there will be a constant demand but that will only scratch the surface on the possibility whether will the price crash, as @ethereumhunter mentioned, a crash has already happened but I did a Google search and the found the first thing that popped up, they might not be the best but we can at the least put a reference to support an argument that price will crash. I do agree with you about not thinking about the crash that could happen anytime, same thing should be said when it comes to hodling bitcoin or other cryptocurrency, do not think of it every moment of your life, you are missing out big time.

Here are some links that I found when I search whether bitcoin can crash.
https://decrypt.co/41863/can-bitcoin-ever-become-worthless
https://www.coindesk.com/why-is-bitcoin-going-up-and-will-it-crash


Title: Re: Can Bitcoin Crash?
Post by: pungopete468 on February 07, 2021, 03:32:55 PM
What do you mean by crash? If you are talking about a decrease of it's price then of course it will surely to decrease in the future as it is how the market works. But if you mean that bitcoin will not get any value anymore then this kind of happening is very difficult to happen not unless all the governments will fully banned the usage of bitcoin.

Bitcoin is the king of crypto currencies and if you notice the market capital of bitcoin, do you think it will crash easily?


Title: Re: Can Bitcoin Crash?
Post by: emmybd on February 08, 2021, 03:21:41 PM
Cryptocurrency is notorious for its enormous price swings. Since 2013, each year has had its major lows and highs, with at least 25% dip from a high. According to Gavin Smith, the CEO of Panxora, Bitcoin is a great asset over a three-year period, but he’s failed to mention that the risk of inflation could topple its reign with more stable technology overthrowing Bitcoin. Bitcoin’s price could swing over its 40k price and rally twice its height, but that only means it runs the risk of falling thrice of its dip.
Bitcoin often suffers dips due to many countries trying to regulate its use and transactions. Such as the case of new traders who, with this fear of suffering a loss themselves, due to regulation, makes lesser investments. And bitcoin, ever since its emergence a decade ago, has proposed an indirect threat to national currencies. However, many experts suggest that bitcoin becoming worthless or going lower than $20,000 is unlikely.


Title: Re: Can Bitcoin Crash?
Post by: Daryl_Dixon on February 08, 2021, 03:45:31 PM
Bitcoin will not be destroyed and Bitcoin will not be destroyed with such news, bro
We supported Bitcoin and we know that if in 2009 it had few fans, now it is not like before and we can know Bitcoin independently of everything.


Title: Re: Can Bitcoin Crash?
Post by: xenodata on February 08, 2021, 06:28:57 PM
Everything will go to 0 eventually, but with big players entering the market it's definitely here to stay for a long time now.




Title: Re: Can Bitcoin Crash?
Post by: Amejoaquim on February 09, 2021, 01:49:45 AM
I don't think it can be happen in Q1.

Theres a lot of good news about bitcoin, especially the news about Tesla buying bitcoin thats really huge.

So, i don't think the crash will happen in this early year.


Title: Re: Can Bitcoin Crash?
Post by: 4king on February 09, 2021, 07:18:56 PM
If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.


Bitcoin will not crash but it may take correction. Bitcoin will never become zero. Although it may seems that bitcoin is at 40K and looks quite expensive as compare to few months before when bitcoin price was only 12K. However, in few years time you will look back and find the current value at 40K to be very cheap.

Yeah agreed, I think we will see a correction to maybe $30k and then $100k soon


Title: Re: Can Bitcoin Crash?
Post by: LittleBitFunny on February 09, 2021, 07:48:56 PM
Anything can be crashed, but that's not the point. You may know that MicroStrategy has already invested a lot of money in Bitcoin. Yesterday, TESLA officially announced that they would invest $1.5 Billion in Bitcoin and accept Bitcoin as a payment method. So imagine, someone must has to spend $1.5+ billion to buy BTC at lowest price to crash the Bitcoin market. I don't think if anyone want to make crash by spending his own money.


Title: Re: Can Bitcoin Crash?
Post by: Issa56 on February 10, 2021, 04:23:38 AM
Currently know body is certain about the future of cryptocurrency anything can happen, anything can be crashed bitcoin can be crashed to but can not be crashed to zero bitcoin price be dump but definitely is still going to to pump back. Bitcoin adoption is increasing massively there are lot's of people that are beginning to believe in bitcoin, some of them are accepting bitcoin as payment method in there business, Bitcoin is been adopted buy different company there are lots of investors beginning to believe in bitcoin and they have been pumping money into bitcoin massively. That's why I believe bitcoin can be crashed due to some reason but it can not be crashed to zero I don't think crashing bitcoin to zero can be possible there are lot's of people holding bitcoin in there wallet apart from the trading it daily.


Title: Re: Can Bitcoin Crash?
Post by: matchi2011 on February 10, 2021, 04:37:18 AM
I don't think it can be happen in Q1.

Theres a lot of good news about bitcoin, especially the news about Tesla buying bitcoin thats really huge.

So, i don't think the crash will happen in this early year.

For now we still seeing upward movement, early crash might far from now. There are still lots of investors who
are riding with Bitcoin popularity,

Make sure to implement cut and loss in order to benefits with the ride, tough call when greed start to show inside
your mind. Be more careful to avoid any crash.


Title: Re: Can Bitcoin Crash?
Post by: ninabobo on February 10, 2021, 05:10:48 AM
Truly, it can. It's obvious. You need to consistently place it in your memory that bitcoin is something that got a pump from 20 dollars to the estimation of today. The estimation of bitcoin relies upon the organic market. clearly, bitcoin will get crash.


Title: Re: Can Bitcoin Crash?
Post by: MeBender on February 10, 2021, 05:19:15 AM
Mark my words, after this bull run, maybe sometime this year, or even into next year, bitcoin will lose at least 50% of it's current value.


Title: Re: Can Bitcoin Crash?
Post by: GeorgeJohn on February 10, 2021, 05:32:18 AM
All those things we heard about bitcoin are totally fallacy and these is not the first time I'm hearing such that bitcoin will crash, I just seem it as a mentality of those that scandals cryptocurrency, since 2009 bitcoin was introduced to the community we have not experience negative changing in bitcoin via transformation and resolution in cryptocurrency in generally, so it's obvious that based on what people who are into cryptocurrency has experienced bitcoin can't crash because it's digital currency and it's not under the control of anyone even governments that are fighting cryptocurrency indirectly.


Title: Re: Can Bitcoin Crash?
Post by: rdbase on February 10, 2021, 05:40:43 AM
Any asset managed stock, fund, moneymarket, hedgefund can crash.
So bitcoin is nothing different.
If the huge whales wanted to crash the market, they can if they co-ordinate to do it all at one time.
Just look at what wallstreetbets reddit accomplished in a short amount of time for stocks GME, AMC, and silver a while ago.
They did not stay at those levels for very long because the corporate money came in and they had help along the way with entities in government to make sure they were safe.


Title: Re: Can Bitcoin Crash?
Post by: mariayaz on February 10, 2021, 05:53:07 AM
Yes Bitcoin can crash but will not go to zero, reason behind this is that its already have been here since more than a decade when people didnt have much awareness about it.


Title: Re: Can Bitcoin Crash?
Post by: mezzaluna on February 10, 2021, 09:18:19 AM
Bitcoin crashing is always on the minds of people investing on it. Its not a secure Investment but it is a great investment since the profit that it can yield you is huge. Bitcoin crashing is another opportunity for most users to invest more and buy Bitcoin since they will always believe that Bitcoin's value will still go higher than its current value.


Title: Re: Can Bitcoin Crash?
Post by: Noctis Connor on February 10, 2021, 09:51:18 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
theoretically yes but not that in the way bitcoin price will be back in the price of super low since bitcoin are volatile and even those professional in trading and analyzing haven't quite sure if bitcoin price will be since other's believed that bitcoin is the future of all, Where is the risk and having fun when you're thinking about losing money it's part of having a good profit in the future too. And if you're having doubt because some one told you that bitcoin will gonna fall nor become scam in the future then you should search more about it. There are huge companies who are using bitcoin and billionaires who are into bitcoin nowadays.


Title: Re: Can Bitcoin Crash?
Post by: imstillthebest on February 10, 2021, 10:12:27 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.
past few years , that would be 2017 i guess ? because thats the time btc reach its first highest price and that suddenly caught the attention of the non bitcoiners to check out btc but it was this year were btc got its biggest break because its 2017' value are now got doubled and more heads are turning in to btc .

Quote
The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?
Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
media did it because this was an interesting news and they can get viewers if they cover anything related to btc more often . media reporting the stats of btc is helpful because we can get an idea if where is the price going at


Title: Re: Can Bitcoin Crash?
Post by: rodskee on February 10, 2021, 10:14:36 AM
Yes Bitcoin can crash but will not go to zero, reason behind this is that its already have been here since more than a decade when people didnt have much awareness about it.
and people are get to use this so dropping from 40,000$ to Zero is next to impossible so let's not be exaggerated on this part.

and also i Believe that Bitcoin has been spread worldwide and with those volume that has lost in the air ? this will permanently installed as a value for Bitcoin that proves never will drops to zero level.

it may drop to the lowest than what we had last year , but to 3 digits price? nope will never.


Title: Re: Can Bitcoin Crash?
Post by: vennali on February 10, 2021, 10:19:10 AM
A lot more institutional traders as well as companies are slowly following suit of what Elon/Tesla have done. So, the chances that we see a major correction or a crash is low. However, it isnt guaranteed that BTC will never crash. Lets say Tesla are forced to sell their crypto assets by their investors. There will be a large hole created in the market and it will crash like never before. 


Title: Re: Can Bitcoin Crash?
Post by: jaresmerel001 on February 10, 2021, 10:50:40 AM
Volatility is decreasing and the bitcoin ship is growing bigger, better and more secure, let's see how and why-

2010 crash 1# : Bitcoin somehow rose from 0.008 to $30 in 2010 and crashed to 25% in 2010.

From then until 2014, there must have been many ups and downs, but it grew slowly from there to reach $1000.

2014 crash 2# : From $1000 to $230, which was the next biggest crash, but not close to the first. 334% drop.

Given the two enormous drops above, there must have been many ups and downs then and 2017.

Crash 3# in June 2017 : Decline of 67% from $3000 to $1800

Crash 4# in September 2017 : 61% drop from $5000 to $3100

Crash5# in November 2017 : 37% drop from $7800 to $5700

Then again (13000 to 10000 drop of 30% in February 2018 to March 2018.

The steady decrease in volatility, even though it looks huge, but one common thing in all cases was an instant pullback.

The bitcoin bull has been running loose since it gained momentum in 2017 on the very first day. We saw it climb from $10k to nearly $20k in a couple of weeks. Only in the crypto currency world can this form of unprecedented growth be seen.


Title: Re: Can Bitcoin Crash?
Post by: virasisog on February 10, 2021, 11:01:11 AM
Sure it can, however, every time the price is good for retail investors or institutional investors to buy, they buy Bitcoin back. People's trust on Bitcoin and it's long-term potential is too high, not to mention the scarcity of supply. The price of BTC slowly increases as time goes by, even with a sudden market dip the market price recoveries.


Title: Re: Can Bitcoin Crash?
Post by: tygeade on February 11, 2021, 06:24:39 AM
The interest in Bitcoin has seen a large growth so I don’t know about this crash and whether it’s going to be something that will be possible. But, if I am to give you a yes and no answer, then my answer is probably going to be a No, judging from the way things are going as of this time, though we still can’t predict the future of Bitcoin, but we always need to be positive, because it’s the trust we have in the asset that keeps the train moving.

Moreover I believe that in a situation where Bitcoin happens to crash like you have said, it will still rise up because it’s not really about the price, people will continue to be making use of it for transactions and moreover the price was once worth below 1 dollar.


Title: Re: Can Bitcoin Crash?
Post by: blue_nexus15 on February 11, 2021, 07:30:54 AM
This is not true.  The sign this time is similar to that of past years, making small Lunar New Year adjustments for Asian countries.  This is not serious and there is no need to worry.  Another trend has shown the altcoin to be very stiff, the urge to see the next flourish.  I have no qualms when the opportunity to buy a little bit more bitcoins has arrived.


Title: Re: Can Bitcoin Crash?
Post by: Mr.sprin on February 11, 2021, 08:26:27 AM
in the minds of some people they want to destroy bitcoins but until now bitcoin is getting better, the reality is that there is no gap to destroy bitcoin and I really believe bitcoin cannot be destroyed and bitcoin cannot be controlled.


Title: Re: Can Bitcoin Crash?
Post by: yazher on February 11, 2021, 08:29:10 AM
Technically it is possible if we are talking about crashing to zero. It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.

Yeah! considering its current situation the price right now might become permanent or not and after some time, the price will also have some chance to fall back again or crashing. When that happens, I'm sure there will be some huge reasons behind it since the price in the market right now doesn't budge if it's just some simple negative news about bitcoins. Now is the time for investing and no reasons for it to back out for now judging from its current situation. Unlike in the year 2017, people are carefully investing right now, as most of them learned from their mistakes.  


Title: Re: Can Bitcoin Crash?
Post by: Kong Hey Pakboy on February 11, 2021, 10:31:08 AM
In my perspective, before reading the article, I actually thought bitcoin can crash. In every thing that existed there will always be pros and cons, weakness and strengths. I thought it can crash because of networks and such; and reasons such as technical problems would occur. But then I have found out that it can't be hacked by anyone as the nodes are entirely scattered, and not letting a single node hold the singularity of bitcoin. It is very cool to think we can go to such lengths with technology.


Title: Re: Can Bitcoin Crash?
Post by: pankowri on February 11, 2021, 01:49:57 PM
It's not a crash but reducing price continuously is like that. In cryptocurrency, there is no guarantee to fix the market for a while. If you have more and more practice and experience in the market then you may minimize risk. Rminimizationmize is more important for a stay in the crypto market.


Title: Re: Can Bitcoin Crash?
Post by: AicecreaME on February 11, 2021, 02:24:35 PM
Bitcoin will always going to crash, I meant "dump". It's going to have a pull back, and then it will goes up, so on and so forth, because of its volatility. But if you were really wanted to know if it is going to crash like going back to zero, then yes it is, but for sure most of us would be dead when that time happens. Before it goes back to zero, we're going further $600,000 I think, and could reach a $1,000,000 per Bitcoin. I know some of you are going to say it's impossible but just wait for it.


Title: Re: Can Bitcoin Crash?
Post by: ice098 on February 11, 2021, 02:33:10 PM
Bitcoin will always going to crash, I meant "dump". It's going to have a pull back, and then it will goes up, so on and so forth, because of its volatility. But if you were really wanted to know if it is going to crash like going back to zero, then yes it is, but for sure most of us would be dead when that time happens. Before it goes back to zero, we're going further $600,000 I think, and could reach a $1,000,000 per Bitcoin. I know some of you are going to say it's impossible but just wait for it.
Yes it is very normal to bitcoin and other coin in our market corrections, pullbacks, dips, break-even are same that we can expect to happen, we cannot please people to sell whether it is above or below the price, most often people with weak hands tend to sell their coins lower than usual so it makes it dips or yes it crashes take example what happen in our market when pandemic started  the whole market crashes even stock market too, economy in every country goes down so many people sell their holdings but few people buy so it makes the price dumps.


Title: Re: Can Bitcoin Crash?
Post by: xodakovs on February 11, 2021, 07:21:07 PM
Bitcoin is very volatile cryptocurrency and during every bullrun whales earn on it a lot of money. Until BTC is so profitable and gives 1000% of grains to whales it’s nothing to worry about. Bitcoin won’t crash. Only global internet collapse, alien invasion or some other apocalypses can destroy it totally.


Title: Re: Can Bitcoin Crash?
Post by: N2CoinOfficial on February 12, 2021, 11:02:46 AM
Yes, three years back bitcoin rate suddenly drops to $1000 - $200, on that time bitcoin crash does not create the big impact to the currency, but as of now if the crash occurs to the bitcoin there would be a big loss to the bitcoin investors.


Title: Re: Can Bitcoin Crash?
Post by: franciscoDC on February 12, 2021, 12:30:30 PM
Actually it can be crash including others, in crypto the price is unpredicted but you can go along and have high prediction about price just look the demand and whales or investors of any token .


Title: Re: Can Bitcoin Crash?
Post by: cheezcarls on February 12, 2021, 12:42:33 PM
It's possible. Anything is possible, but we don't know when. There might be several factors later on behind the crash. Considering on what is happening in India and Nigeria's crypto situation that the government is trying to ban or restrict them. Let's say if it does, the crash might not be that bad unlike on what happened for the most of 2018. It is because during that time, Bitcoin and other cryptocurrencies aren't matured because of the regulatory issues or institutions not buying it yet. Now that they have embraced cryptocurrencies slowly but surely, we could see things go up and crash might be unlikely soon.

But on the April tax deadline, there might be a slight pullback before institutions keep buying Bitcoin that would start another bull run wave. Just my opinion.


Title: Re: Can Bitcoin Crash?
Post by: Atek33 on February 12, 2021, 01:00:18 PM
If I talk about any other currency then I can believe that for some other reason it can be lost, it can die but it can be, but of course I can't say this when I think of Bitcoin because Bitcoin I see it is getting more and more expensive and I think  Its price will increase day by day. Of course people will sell it more.


Title: Re: Can Bitcoin Crash?
Post by: Innerpumper on February 12, 2021, 01:05:04 PM
Anything can happen in cryptocurrencies. If talking about bitcoin can be destroyed , of course the problem is that many investors already believe in bitcoin to make the fundamentals of bitcoin is very strong and not easy to destroy.


Title: Re: Can Bitcoin Crash?
Post by: Yamifoud on February 12, 2021, 01:06:02 PM
We wanted to see the market crashing, which only happened when these investors permit. I never think that close to the possibility.
We surely have a sideways trend which normally happens but as we are waiting for a huge market correction, that something not known to everyone. As many people said, we are not in control of the market, and that we only live into pure speculation for what is incoming.

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But on the April tax deadline, there might be a slight pullback before institutions keep buying Bitcoin that would start another bull run wave. Just my opinion.
Have anyone knows if we need to pay taxes when we are holding cryptos? Maybe Fiat money, but not for crypto holders.
I'd find this also a reason why some big companies are into crypto to save from paying huge taxes.


Title: Re: Can Bitcoin Crash?
Post by: akirasendo17 on February 12, 2021, 01:18:49 PM
The market crash a few years ago is a lot different in the situation today if they are thinking of bitcoin to crash, since the pandemic the call for the use of cryptocurrency is very important, and since people are at home, bitcoin became more popular, tech giants and other company, realize how important bitcoin, Elon musk, for example, big companies are now exploring bitcoin and other possibilities so the crash that what other people that they are expecting is not gonna happen, it may go down a bit, for sure but I don't think it will crash this time.


Title: Re: Can Bitcoin Crash?
Post by: UserU on February 13, 2021, 03:03:57 AM
At this current price point, even 10K seems "cheap" or a good discount compared to last year before the bull run when it was like creeping between 7 - 8K. Felt like that was a tad too high.

Guess the 2018 crash really shaped the market.


Title: Re: Can Bitcoin Crash?
Post by: Janation on February 13, 2021, 03:55:59 AM
I don't think it will be crashing anytime soon.

There are a lot of times that dumps happened but it just came back up. That just proves that it can just dump and come back up. I agree that when we talk about the crash, that means no demand at all but with what we have right now, I don't think that is just possible. At this point, crash seems so impossible to me to happen.


Title: Re: Can Bitcoin Crash?
Post by: Sled on February 13, 2021, 04:16:02 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
Dumps can't be ignored, we have this scenario not once, but it all come today or the other day, and so the pumps.

It is either the news is fake or legit, they have something to contribute to the changes. But I don't give a big shot to them because they are more toxic than in real life. If we keep believing them, we are letting these people dictate what we are going to do.


Title: Re: Can Bitcoin Crash?
Post by: bitterguy28 on February 13, 2021, 04:47:35 AM
Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
No you are wrong because Bitcoin had been gathering attention year and year since the creation so meaning in the last almost 12 years Bitcoin climb too High now.

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Asking about crashing ? if you are pointing to becoming zero value nope that is impossible because there are already bitcoin that cannot be tracked meaning lost in the air and this is a sure value already.

But if downing large ? it happened last year , falling down to more than a Hundred percent .