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Author Topic: Will Bitcoin be too big to fail?  (Read 5445 times)
oegarod
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November 03, 2017, 10:14:05 AM
 #141

Any scenario is possible. But that bitcoin has failed, you need a new project that surpasses bitcoin. Although perhaps bitcoin will always be in the first place because of its status as the first crypto currency, well, like antiques.
With bitcoin or with the digital currency market anything can happen in unexpected time period. In reality if this is to fall or fail, the technology could have not survived to this extent. Long back itself it could have got demolished. Now it has got a place to grow with which it keeps on growing to reach high and price drops might happen in between.
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November 03, 2017, 10:16:48 AM
 #142

I see a lot of positive news too about Bitcoin over the negative
 Still, most of the naysayers are corporate CEOs and people on Wall Street. I think a majority of them are worried about Bitcoin becoming bigger than their companies. Major example: Jamie Dimon with JP Morgan. What do you guys think?
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November 03, 2017, 10:42:28 AM
 #143

As i understand it " Too big to fail " Yes it's too big to the point that it has a deep foundation built through time. It's decentralized system gave us access to it. If it fails , the main market will collapse as businessman also hold some bitcoins. The buyers who has an investment to bitcoin will disables them to buy goods and services to market. I think the government will not let it happen because even them will be affected.
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November 03, 2017, 10:45:05 AM
 #144

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!
Nope, bitcoin will never be too big to fail. I think it will be impossible to happen, most investors now have their own bitcoins and they are continue buying that's why as you can see we already have all time highest amount of bitcoin price right now. And hoping that it will continue by the end of the year.
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November 03, 2017, 10:49:48 AM
 #145

Everyone can not guess how Bitcoin in the future fails or continues, but I do not think Bitcoin will ever fail with this restriction, because someday the whole world will definitely use Bitcoin, if some countries will experience a financial crisis

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November 03, 2017, 10:52:21 AM
 #146

   Bitcoin is still not big as it can be! It is too early to speak about too big to fail,
bitcoin is in the growing stage, and only fail now would be stopping of that grow.
   Something new like bitcoin is, idea behinds all this can not fail. We are heading
to the future where technology and internet will have more influence of peoples
lives. As money of the internet bitcoin still did not reach to all the people in the
world. Bitcoin have potential to be used all over the world and when that happens
we can say that bitcoin reached its full potential.



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November 03, 2017, 11:05:57 AM
 #147

If talking fails to disbelieve it, given the bitcoin development so far there's no problem that can thwart its role and even many people start joining here, but I will never know if the failure will happen, but I will not believe it all.
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November 03, 2017, 11:09:07 AM
 #148

Not 'too big to fail'. Everything has risks rise and failures. But nothing is 'too big to fail' especially, I believe not in bitcoin.
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November 03, 2017, 11:21:16 AM
 #149

woah woah! Bitcoin be too big to fail why for me it is not fail for me and it is very helpful for me my friend and here in my country there are many users now. such as no work or unemployed . its not a big fail for creating it because many country can help of this forum .and i'm heading to my future to my better life that I want for my parents.
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November 03, 2017, 11:26:19 AM
 #150

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!

I guess so. Its possible. Bitcoin is getting bigger now. It gradually influence everyone to use it. There are lot of income opportunities also that makes it more valuable. It has a lot of usage especially online transactions. It gives a lot of opportunities to gain and for personal transactions like bills payments and other online transactions.  With these it will make bitcoin bigger as it was. Failing is a scary happening but for bitcoin I guess its so far possible. Not now and not in the early future.

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November 03, 2017, 11:31:13 AM
 #151

Nah man, "too big to fail" means a central agency is willing to bail out a failing entity. No such central agency exists for Bitcoin. It's the free market at its finest!

We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
I think bitcoin can make x down, but never fall to zero.

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November 03, 2017, 11:35:14 AM
 #152

Even though Bitcoin is too big, we cannot say that it won't fail. Every business or something related to money will always take risks and will lead to failures. We are still growing to a low-level popularity; what if it become popular and every single person on this world has bitcoin account? The bitcoin markets will become the biggest blockchains than ever. But I think it won't be that popular because other people will still don't like this modern bitcoin gold/cash.

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November 03, 2017, 11:36:48 AM
 #153

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!

What goes up must go down. When bitcoin is in rise expect this to fail someday, but as long as peole keep on investing in bitcoin we can never tell when it would fall. Knowing the risk when investing to bitcoin is a great challenge to all investors because bitcoin is something that gives hope to people who believe in it.

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November 03, 2017, 12:18:59 PM
 #154

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!
I think the big players are still not in this game,they are stll observing but i am very sure once bitcoins price reach 10000usd or 20000usd they will be in this market and make this market more strong.
the base of my observation is bitcoins market cap is still 3.5x to ebays market cap.
That is so little ,and then there are more possibility for big investors for sure.
zarados
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November 03, 2017, 12:19:51 PM
 #155

Nah man, "too big to fail" means a central agency is willing to bail out a failing entity. No such central agency exists for Bitcoin. It's the free market at its finest!

We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!

I agree, we should always be prepared with the failure or fall of the bitcon. But I'm sure there will be a sign before it actually happens. Because there is nothing impossible in this technology. The same thing happen for big companies like yahoo and nokia. The company is practically a giant in its field, but what happens? They can't keep up with the rapid development of the times.
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November 03, 2017, 12:24:47 PM
 #156

In my opinion, I do not have as much bitcoin time as many here, but what I see is a lot of attacks, opinions about bitcoin, I think bitcoin is impossible to fail because it has already opened a great way
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November 03, 2017, 01:00:31 PM
 #157

I don't believe that Bitcoin will last for eternity so even if its in-demand right now, price keep going up and up we should be ready with the worst case scenario because we don't know when Bitcoin will fail. but for me as long as Bitcoin is alive and kickin everyday i will still keep on doing the same thing everyday and that is buy, hold and sell.
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November 03, 2017, 01:53:19 PM
 #158

Yes there will still a chance that bitcoin can fail but with the current price now it's really far to happen and maybe that will happen if there will be no demand from the users.

But right now I think we should just enjoy tpand savour this moment of new ATH.
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November 03, 2017, 01:58:19 PM
 #159

I think the price of bitcoin  depends on marketing value that you invest bitcoin because it has become a part of your life since bitcoin, you have become dependent on it. Maybe you've invested and suddenly the bitcoin coins  fall and you fail because bitcoin is not a fix value because bitcoin is a digital crypto
currency.    
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November 03, 2017, 02:02:06 PM
Last edit: November 06, 2017, 04:48:23 PM by Hell-raiser
 #160

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!

What goes up must go down. When bitcoin is in rise expect this to fail someday, but as long as peole keep on investing in bitcoin we can never tell when it would fall. Knowing the risk when investing to bitcoin is a great challenge to all investors because bitcoin is something that gives hope to people who believe in it.

And I would add that the higher it will rise the stronger it might fall. People are expecting that there will be a sign before the fall, but which sign specifically could it be? If we are to expect a serious fall in prices, we should also expect that it should come about all of a sudden. Now people seem to cherish hopes that big fish are going to enter Bitcoin strong and bring with them their big guns. But how do we know for certain that they are really going long and not short with Bitcoin? Maybe, they are going to short it first to bring the prices down dramatically?
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