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Author Topic: Do you think Bitcoin will crash one day?  (Read 1590 times)
iram1011
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December 07, 2017, 03:59:13 AM
 #81

Why not? What will sustain the value of bitcoin in long run? Is bitcoin meeting an unmet need?

I believe bitcoin and most of the altcoins won't survive for longer. There might be one or more cryptocurrencies that can make it big at the end, but that might not have been launched yet. Bitcoin just can't keep on running because of first mover advantage. Technologies go obsolete and hence bitcoin can't be a store of value. I believe market is such a mess right now that most of currencies you are holding for long term will go 0 in coming years. Here I am not talking about BERL (bitcoin, Ethereum, Ripple, Litecoin). But these are highly overvalued right now.

Market is irrational right now and irrationality always ends in tears.

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December 07, 2017, 04:51:55 AM
 #82

Do you think Bitcoin will crash one day?

No i dont think that will ever happen as you can see bitcoin is at its strongest and bitcoin is lively at the market as there are many bitcoin user whos trading it, the demand for bitcoin is quite high that why the price is also booming.

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December 07, 2017, 05:34:34 AM
 #83

Do you think Bitcoin will crash one day?

Well, clearly, everything that has a beginning also has an end or is bound to end at some point. The only question is when. And that is something none of us here can say for sure. The only thing we can really do is to speculate about this.

And for me, i think it ain't gonna be somewhere near our lifetime. So wouldn't make sense to worry about it. Would only be just a waste of time and energy.
Bitcoin is now meatier and it know very well how to stay in market with high price and countries are also supporting bitcoin for its great efforts although bitcoin have faced a lot of problems in this year but bitcoin don’t care about any one and still bitcoin is focus on its work so I don’t think so bitcoin can be crashed on some day as bitcoin replaced other crypto from market same bitcoin will replaced real money as well but it need some time.

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December 07, 2017, 01:54:59 PM
 #84

No, of course not. Assets that constantly rise and fall a quarter of their value within a few days are immensely crash proof. Just buy as many as you can until it hurts. You eat too much anyway. Use some of your food money on bitcoin.

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December 08, 2017, 03:06:51 PM
 #85

No,I don't think that Bitcoin will crash one day,because day by day it's usability is increasing by using exchangers, Eshop, and so on.Although now it's percent of increase is so high for 1 year but the fluctuations of cryptocurrency is it's nature.so I think Btc will increase and sometimes will decrease.

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December 08, 2017, 03:29:00 PM
 #86

Do you think Bitcoin will crash one day?
I think its yes, when some people already reach their goal and hit what they wanted for the price of bitcoin for sure they will sell it or en-cash it. A lot of investors now are having panic buying, that why bitcoin price is pumping or rising up but when the time that investors will sell it for the price that they wanted, for sure bitcoin price will also dump or bump. Maybe bitcoin price will not going to totally bump. We can still have a good price of bitcoin for sure.



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December 08, 2017, 03:47:31 PM
 #87

We cannot always be sure, no doubt! But we can be certain that there is absolutely more room for Bitcoin's growth. One fact remains, worst that could ever happen to cause a crash would be some high level of panic and for now, I do not see anything that can warrant that. No one knows the future but I am certain that in coming years, bitcoin would have grown so much to the extent that people would stop talking in bitcoins but in satoshis. So if anyone is still there waiting for a crash, they may end up growing white beards. By the way, corrections are always bound to happen, but there is a total difference between a crash and a correction.
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December 08, 2017, 04:25:00 PM
 #88

We cannot always be sure, no doubt! But we can be certain that there is absolutely more room for Bitcoin's growth. One fact remains, worst that could ever happen to cause a crash would be some high level of panic and for now, I do not see anything that can warrant that. No one knows the future but I am certain that in coming years, bitcoin would have grown so much to the extent that people would stop talking in bitcoins but in satoshis. So if anyone is still there waiting for a crash, they may end up growing white beards. By the way, corrections are always bound to happen, but there is a total difference between a crash and a correction.
Correct from the point of correction. Bitcoin will crash at extent of correcting its value. But a huge crash is inevitable for bitcoin. It will depend on the development of bitcoin specially for the transaction fees once the traffic continues.

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December 09, 2017, 07:45:22 AM
 #89

Do you think Bitcoin will crash one day?
I think its yes, when some people already reach their goal and hit what they wanted for the price of bitcoin for sure they will sell it or en-cash it. A lot of investors now are having panic buying, that why bitcoin price is pumping or rising up but when the time that investors will sell it for the price that they wanted, for sure bitcoin price will also dump or bump. Maybe bitcoin price will not going to totally bump. We can still have a good price of bitcoin for sure.
We will observe regular up and down in the price of Bitcoin because of market conditions. As the price is increased
to great extent many investors are in panic but still many people want to buy it. It is certain that price will go
down but I think it is for short period and according to the bright future of Bitcoin it will kept on increasing with passage of time.

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December 09, 2017, 11:43:52 AM
 #90

Do you think Bitcoin will crash one day?
Did you think back in 2009 that bitcoin would be over $16, 000 today ? I guess not. No one would know if BTC would crash one day or not, but at least we are still here. I really do not see anything that would make bitcoin crash anyway and a lot of people as so much as they are wishing for it, which is one of the reasons it won't crash.

Right now, I do not see panic selling in the market anymore and all I see is panic buying. FOMOs everywhere looking for the best price and not wanting to miss it. Tell me how something like that can easily crash.

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December 09, 2017, 04:08:41 PM
 #91

Seems crash hard to happened to bitcoin for now. Because, bitcoin increasingly popular and has advantage as payment option for modern society. Bitcoin has taken root in various places around the world.
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December 09, 2017, 07:19:20 PM
 #92

History is always strikingly similar. I think Bitcoin will collapse sooner or later.
But when does it crash? It will not be a hundred years later. So, let's not worry about it. At least for now, bitcoin is still on the rise.
Yes, history may be similar and we have experienced something like this before which usually comes with a huge correction and that is what I would classify them as. A correction and not a crash.
I wonder what people are looking for anyway. If bitcoin should remain stagnant without increasing much, a lot will start complaining and now almost everyone who missed the moment to buy at cheaper prices are looking for a crash. You wish!














 

 

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December 10, 2017, 03:29:26 AM
 #93

we dont hide the truth that someday this bitcoin will totally crash, but i think we are all gone (dead) and we cannot witness that moment. so dont worry about that crash, focus on what/where you are and do some profits by this bitcoin and we all fine.
If you like consider it a truth to yourself alone, but except there is a huge panic that would greatly challenge the community, I do not see bitcoin crashing.

What bitcoin is now, is absolutely the value we have placed on it, and on a normal day I won't imagine myself wanting to sell bitcoin for a value lesser than what I bought it, if anyone wants to, they should be my guest at least I am not so crazy to have invested what I could not afford to lose, but experiencing a crash? It is a wish that may never come true.

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December 10, 2017, 04:42:57 AM
 #94

There will always be a possibility for Bitcoin to crash. However bitcoin value right now is on the rise. May I just suggest that it would be best to put in an investment and just cash out from time to time to have an insurance of profit. No one knows when the price of bitcoin will fall. Let's just make the most out of it now.
What do you mean about that cashing out time on time to insuranceyour profiit?  It seems not a good idea for me . How do you become profitable if you cashing out your profit?  Indeed thats is good time to hold cause it can multiply your earnings.  Instead of cashing out time on time.  .you can't  earn much profit on it cause that is a stupid idea mate.  

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December 10, 2017, 04:56:14 AM
 #95

Maybe yes, i can say that bitcoin will crash one day we hope that it will not happen becasue all of us will doesn't have now a extra income. However, i know if bitcoin crash one day then there would a new that will replace bitcoin such as like ethereum that the 2nd running cryptocurrency that is just waiting to become the next bitcoin



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December 10, 2017, 05:22:11 AM
 #96

Why not? What will sustain the value of bitcoin in long run? Is bitcoin meeting an unmet need?

I believe bitcoin and most of the altcoins won't survive for longer. There might be one or more cryptocurrencies that can make it big at the end, but that might not have been launched yet. Bitcoin just can't keep on running because of first mover advantage. Technologies go obsolete and hence bitcoin can't be a store of value. I believe market is such a mess right now that most of currencies you are holding for long term will go 0 in coming years. Here I am not talking about BERL (bitcoin, Ethereum, Ripple, Litecoin). But these are highly overvalued right now.

Market is irrational right now and irrationality always ends in tears.

You're damn right, and i agree with your points. We're seeing a crash right here right now and it's irrational to assume that a crash equal the size of the last 2013 crash wouldn't happen again. It's just absolutely absurd to think that this bubble will never end either.

However, i have to disagree with you about the long term pricing of bitcoin.

Bitcoin is backed by the people using it. And no matter how good the technology behind altcoins get, it doesn't matter. All we needed in the first place was a decentralized way to pay. We don't need no smart contracts, no decentralized car towing or all that nonsense.

Bitcoin's value will in my opinion be preserved in the long run, however there will be pumps and dumps that will affect value in the short term.

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December 10, 2017, 10:15:07 PM
 #97

Seems crash hard to happened to bitcoin for now. Because, bitcoin increasingly popular and has advantage as payment option for modern society. Bitcoin has taken root in various places around the world.
So many lives are committed with bitcoin and bitcoin will never disappoint its investor so for me crashing of bitcoin is impossible it has grown itself so strong that people will give a helping hand to rise it again if a crash happen people have faith in it that it will change their days and it fulfilled their expectations so everyone will play a vital role if any crashing situation occur and bitcoin will bless them again and again,

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December 10, 2017, 10:31:35 PM
 #98

In a couple billion years, the Sun will explode and destroy the solar system.

So one day, I'm pretty sure Bitcoin will be gone forever.

But seriously, I think Bitcoin will be here to stay for a while.

There are many potential investors who are not investing due to fear caused by the statist news networks, miserable people who have somehow managed to lose money, and regretful people who don't have the courage to invest.

As long as the demand is up, the price will go up.

Even if the demand is low, the price shouldn't hurt too much.

Using crypto to pay for college.
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December 10, 2017, 10:39:43 PM
 #99

Do you think Bitcoin will crash one day?
No I do not think that it will crash one day because I know well about bitcoin and its future and its current situation. I know that it is going very stronger in the market and many people are connected with this coin for their businesses so they will not leave bitcoin and if they will not leave then it is not possible that the price of bitcoin drop but it will increase and if it will increase then everyone will adopt it.

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December 10, 2017, 11:13:17 PM
 #100

Do you think Bitcoin will crash one day?
By crash...you mean the end of bitcoin? Nah i don't think so, bitcoin has lots of support from people all over the world which can be seen from its rapid rise in value and as long as we have the devs and community to share ideas to keep bitcoin up and running, bitcoin still has a long way to go before this crash happens or the crash will never happen.

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