Will Bitcoin be too big to fail?

[mxyzptlkof6th]

No. Bitcoin's price is still unstable because it is decentralized, no one can control the pump and dump of its price and volume.

[sangwookie]

Bitcoin is very sensitive and volatile to news and the prices can go down rapidly when China (or Japan or whomever) makes a big announcement. But apart from FUD, bitcoin also needs to have a real usage, to be fast, secure and a better alternative to other monetary assets.

It can fail but I think the odds are higher that it can not fail, with each day that goes by and each new merchant that accepts it.

Yeah, but I think it is because people that don't know what bitcoin is, is getting into the game and they don't understand the technology. They are using it it to launder money.

[Sedorikku]

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 dont think so that thing will happen on the side of the bitcoin. As you can see it is already ongoing to rise up to the higher value than before. I believe that there is nothing impossible with bitcoin.

[arseaboy]

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 wish 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?

same drill as always, rise followed by some correction shaking our butts and deceit those newcomers who bought in the time of big jumped,
we cant say that those will just happen quickly we really cant predict what inside the minds of those early holders who still have a big part
of btc and those experts traders who still in good side of this business.

[shiv06]

I think the failure of bitcoin depends on its marketing value if you have invested. If you bought bitcoin in high prize and suddenly the market value of bitcoin in the international market failed when you will fail because bitcoin is digital currency.

[Redanim]

Everything is possible in our time. Since bitcoin is independent, it can drop any moment to a minimum, to get the same status as Wall Street, it's impossible, because not in all countries bitcoin is legal and do not forget about money laundering through bitcoin.

[paolo099]

nothing is too big to fail, but the idea behind will not die.
Blockchain will be used for different project crypto related and, as history taught us, you can't kill an idea if there are people supporting it, and i'm sure this idea will be supported for life by his community.

[Scorpion]

Yeah it's a snowball that keeps getting bigger and it's rolling downhill, no one will want to step in front of it or they will get pulled into it too.

[anjuara29]

Actually We can't predict it, because bitcoin is improving and increasing day by day. Bitcoin is not allow in every country's yet. I think one day bitcoin will allow in all country's. And then bitcoin will never fail. I think bitcoin has a power of to be big and i am hopeful that it will never will fail at all.
 

[Rienair]

I think that bitcoin will remain as one of the bigger coins in the future because bitcoin is a coin that is unstable witch attracts a lot of people because they want to become rich and that is the reason bitcoin is so popular right now.

[killerfrost]

That's what I'm worried about while Bitcoin's prices are not stopping.
  Will it touch the mark and it will burst like a bubble? I'm afraid this happens because I've seen some altcoin suffer. Do you have any way to make it more stable now or any intervention from the government or the bank?

[khaled0111]

That's what we all hope, when Bitcome become "big" enough, meaning that it will be used by the majority of traders and investors then it will be hard to stop it and risks of failing will be reduced. Evenmore, more users will join the community and Bitcoin growth will be exponentiel.

[muhammedb]

It will fall, but for some reason, too mean transaction at a time and the rate of transaction fee

[TokenGuy]

Well bitcoin was 2 months ago at 5k, but then it fell to 3k nearly. It happend in a week so it can fail it has the chance. Remember that all the coins are unstable.

It will also end someday nothing lasts forever.

[dettihegedus]

i think bitcoin can hardly to drop in nomore than 10 years from now, it is a very strong and powerful currency that has effected an entire economy, so the future of bitcoin will last very long time, but nothing can last forever, bitcoin is at its peak now but it will drop and be replaced by some altcoins in the future.

[subSTRATA]

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.

even barring the possibility of economic failure, there's still the fundamental infrastructure that makes bitcoin usable, which, if shut down or crippled, would result in the collapse of bitcoin: the internet. in the event the internet backbone were to be crippled or entirely destroyed, the usage of bitcoin would become extremely limited, or even impossible. of course, you could create transactions offline, but you'd still need them to be boradcast to the network, and confirmed by the miners. financially, the strength of bitcoin lies in the userbase. unless a great majority of the users suddenly decided to drop bitcoin completely, and a great numbers of nodes just went offline and stopped supporting the network, bitcoin will hold strong.

[Sowik]

I don't see that happening, some bad news from China and bitcoin goes down 30%, this is not too big to fail...

[Wintersoldier]

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!

If bitcoin will be going to be a big fail it would start falling now. In terms of its price, value, volume and stock in the market we could make sure that bitcoin have a better  future for investments , transaction and for business purposes. Numbers tells it all. Number cannot lie and when we look at the current value of bitcoin and we will look forward for it to used it in different types of transactions, we could have the best opportunity for us to earn and to have profit in the future.

[South Park]

For that to happen, Bitcoin need to be recognized by Banks, however at this moment, lots of banks are trying to ban it from transaction and payment. On the other hand, many altcoins are being backed up by independent financial institutions. In my opinion Bitcoin will never fail, not because of being big but eventually all governments & state banks must accept it

Banks will eventually accept it. I see it already happening albeit very slowly. I think most corporations are scared to be the first ones to invest. It only takes one to take the risk! Are there any altcoins currently supported by any banking institutions?

I think that is going to take a lot of time, bitcoin goes against their interests so I do not see why they should be very excited to accept bitcoin, now almost any other industry is going to be happy to adopt bitcoin when it is in their best interests to do so, but banks are different and will only accept bitcoin when they do not have any other choice.

[SupportBitcoin]

That's what I'm worried about while Bitcoin's prices are not stopping.
  Will it touch the mark and it will burst like a bubble? I'm afraid this happens because I've seen some altcoin suffer. Do you have any way to make it more stable now or any intervention from the government or the bank?

Bitcoin price is at an all time high. Im not sure government intervention would make it more stable? It might just make it more mainstream to the general public. It also would kind of ruin the appeal of being decentralized.