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ubay
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December 15, 2017, 07:16:25 AM |
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We all know the world bank is a failure of the system still in use, they always hide the transactions of people and always use the money of others without us know. And this is where the bitcoin role, it is able to make transactions so transparent to us all, the level of sophisticated security, and others. I'm sure bitcoin will not fail.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Kuchiyose
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December 15, 2017, 07:22:30 AM |
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We all know the world bank is a failure of the system still in use, they always hide the transactions of people and always use the money of others without us know. And this is where the bitcoin role, it is able to make transactions so transparent to us all, the level of sophisticated security, and others. I'm sure bitcoin will not fail.
That's one of the reasons for all kinds of reasons that Bitcoin will never die or be useless.  |
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Md Faysal
Member
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Activity: 154
Merit: 11
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December 15, 2017, 07:31:36 AM |
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Nothing is too big to fail. If you had a world history course during your time in university or college then you have learned about the rise and fall of the different civilizations in the different regions of the world.
Its never die.
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Webberson
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December 15, 2017, 08:13:22 AM |
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Considering the fact that the acceptance regarding this currency is not fully there, and at the same time, has a steady and rapid movement, it should sure get to a level where the currency will be too big to fail, which at that time, will come to its full limelight.
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Ourat
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Activity: 224
Merit: 10
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December 15, 2017, 08:19:03 AM |
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no one knows for sure where the bitcoin direction in the future, only when the governments of countries around the world have given direct action may be bitcoin will no longer exist. just my view
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Halcyon Days
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December 15, 2017, 08:22:57 AM |
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After all the price increase, media attention, energy consumption due to mining, start-up around bitcoin and finally the interest of the financial sector, I am very positive, that BTC is here to stay. It is not clear, at what price level it will stabilize in the long run, but there were many efforts to get to this point. Of course, there is always the possibility that BTC will fall due to an unforseen event (51% attack, quantum computing etc), but even then, there will be an alternative or recovery of BTC.
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LTCendmanagement
Member
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Activity: 518
Merit: 10
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December 15, 2017, 08:49:33 AM |
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Bitcoin is the path to success, it is unlikely that bitcoin will fail. We all bitcoin lovers will continue to fight for the bitcoin not to fail and crumble.
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crytomusica
Member
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Activity: 101
Merit: 100
Cointed. The Future of the Money
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December 15, 2017, 08:55:46 AM |
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From the excellent performance that the company and management shown in the public market. I think it is impossible to happen since bitcoin they do all their best to innovate the company.
The dedication, hard work, passion and perseverance just to provide an excellent service give them more chance to survive in this industry.
I read posts and cannot believe that we still didn't learn anything from bitcoin at all. that is the biggest proof that anything can happen that literally means that it can disappear same like it came till here from nowhere. |
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Epimetheus
Legendary
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Activity: 1120
Merit: 1000
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December 15, 2017, 09:20:45 AM |
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From my experience of three years about bitcoin there are no chance of bitcoin too big fail because every day the demand of bitcoin increases by the people so there are no chance to fail the bitcoin but the up or down in bitcoin is countinously going on only for short period of time. By increasing the user of bitcoin reguraly the chance of fall down of bitcoin is decreasing so that in the future there are negligible chance of fail down of bitcoin.
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nagatraju
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December 15, 2017, 01:55:30 PM |
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I think that it may decrease a little in the future.. but it's doubtful that it will collapse
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heureca
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December 15, 2017, 03:53:07 PM |
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I think that it may decrease a little in the future.. but it's doubtful that it will collapse
I suppose BTC price will be up to 30-50k $ per 1 BTC in the nearest 2 years. BTC have rather big capitalization to be collapsed  |
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stepwilli
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December 16, 2017, 11:52:17 AM |
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Nothing is too big to fail. If you had a world history course during your time in university or college then you have learned about the rise and fall of the different civilizations in the different regions of the world.
Its never die.
You are right. History is evident of the fact that everlasting things never die. Even our heroes had end up with their best efforts and stories still they are living in our books, in our cultures, in our lectures and every motivational speeches. So same would be happening with bitcoin if they would die, first it is not going to happen but still if we consider a time century after, it may happen. |
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noictib
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December 16, 2017, 01:34:42 PM |
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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!
No , bitcoin is not going toward anything fail , here bitcoin's price is increasing day by day and approximately 10 times per year increment in price of bitcoin , so here we can understand that how much is bitcoin is profitbale . Every year increase in price is supposed by few stupid people as an bubble or pump and forced another people to not to invest in bitcoin . But here surely you take a good decision to enter in bitcoin field even at this increment in price because day by day price is increasing and day by day it's demand and trend powerfully increasing , so why not to get into bitcoin powerfully . Here I would like to suggest everyone that don't think that bitcoin can get back because its increase in price is due to only demand , so no chance to get back with dump . |
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tee-rex
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December 16, 2017, 02:11:41 PM |
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Nothing is too big to fail. If you had a world history course during your time in university or college then you have learned about the rise and fall of the different civilizations in the different regions of the world.
I thought this is what they teach in high schools nowadays. I mean things about Egypt and pharaohs, the rise and fall of the Roman empire, whatever. But this is not what op is talking about. He asks if the government is going to bail out bitcoin holders if bitcoin gets accepted by the Wall Street types but then crashes massively. This is definitely not about bitcoin going too big on its own and then failing on its own too. In the latter case the government won't raise a finger obviously. |
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Jalum
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December 16, 2017, 05:41:38 PM |
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Too big to fail only implies a bailout if it tanks. No one will refund us if Bitcoin crashes. So no it's not to big to fail
Bitcoin is not too big to fail because Banks still have most of people's money. So I somewhat agree with your statement. |
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• Telegram
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muddychowder
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Activity: 9
Merit: 0
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December 17, 2017, 05:11:44 PM |
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The sheer amount of investors that bitcoin has is what makes it less likely to fall right away, if it does it would be because of the gradual decrease of it's investors.
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oaz7t
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December 17, 2017, 05:26:36 PM |
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Cant say
Bitcoin value is increasing tremendously and it will in the coming future
But some say that it is a bubble that will burst sooner or later
So the bigger it becomes the more risk involved.
The market is unpredictable so cant say
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meridianbran
Newbie
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Activity: 11
Merit: 0
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December 17, 2017, 06:47:56 PM |
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We should always prepare for the fall of bitcoins, even though it is unlikely, preparing yourself certainly won't hurt. The truth is the real reason bitcoins are still here is because the people thinks it has real value.
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mobilestrike
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December 17, 2017, 10:37:36 PM |
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Nothing is too big to fail. If you had a world history course during your time in university or college then you have learned about the rise and fall of the different civilizations in the different regions of the world.
Its never die.
You are right. History is evident of the fact that everlasting things never die. Even our heroes had end up with their best efforts and stories still they are living in our books, in our cultures, in our lectures and every motivational speeches. So same would be happening with bitcoin if they would die, first it is not going to happen but still if we consider a time century after, it may happen. But i think in the given scenario bitcoin is more profitable. More people enter to bitcoin. Even more people like bitcoin from all aspects. As people know it is profitable and everlasting currency. That’s why more people invest in bitcoin. When people interested about bitcoin. Bitcoin not going to die soon. |
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GuardiollaJosep1259
Newbie
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Activity: 28
Merit: 0
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December 20, 2017, 04:36:41 AM |
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It didn't fail when it is just small and starting to grow despite a lot of negativity and issues, plus being something new from a very untrustworthy source, bitcoin have managed to survive all its disadvantages and issues that is why I don't think at this point that bitcoin would be able to fail for a couple of years to come.
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