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Author Topic: Are you sure that bitcoin will fall?  (Read 3157 times)
hakimovic
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December 15, 2017, 12:48:21 PM
 #21

the chart don't prove anything . Bitcoin will crash one day but for now just enjoy it and focus on making profit and don't leave all you savings in crypto.
cash out whenever you can so you wouldn't regret not pulling out later Wink
palle11
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December 15, 2017, 12:50:30 PM
 #22

I really don't think that bitcoin will fall right now because bitcoin is now pumping hard and bitcoin's new support is at 10k USD. It means that it'll hardly fall beyond that line.

I do not think that bitcoin is coming back to $10,000 mark anytime soon. It has gone beyond that even with the speculated deep that is expected.
Kprawn
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December 15, 2017, 01:17:19 PM
 #23

Define "Fall" to quantify your intention for creating this thread. Will the unique addresses decline/fall or would the technology

fail {in your opinion} ...when a certain amount of unique addresses has been reached? The math behind Bitcoin makes

provision for more than enough unique Bitcoin addresses, so you do not have to worry about that.  Grin ... You might have to

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Jendral Istimewa
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December 15, 2017, 02:12:07 PM
 #24

indeed the bitcoin price of this end-bolted up from the previous day. maybe it happens because of the high demand for bitcoin. I think that will happen to the bitcoin price will increase and will decrease just for a moment and will go back up.

paolo099
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December 15, 2017, 02:22:27 PM
 #25

in this kind of topics we have to define the words "fall" and "ceiling/peak" because otherwise we are talking about nothing.
How much is "fall" for you? back to 0$? 10k$? and what's the peak? 20k$? 1 million?
Yes BTC will fall back to xxx and will rise again to xxx but these numbers can't be defined in this world.
Us, as a community, developers and all the people involved in this world, supporting it in different ways can make it rise or die miserably because an idea, a project without any support, followers is destined to die forgotten.
How many people will stop all of a sudden to support BTC in order to make it die? I don't think BTC will ever die (put aside the market value) because it was a revolution, a genius invention and not just a trend, or a meteor passing by.
Blockchain and transaction fees are slowing down this project but i would not be worried about this long lasting idea!
oishitenten
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December 15, 2017, 02:29:55 PM
 #26

Theres a possibility that bitcoin will fall. Because there's a lot of digital currency existing right now just like ethereum, dash, litecoin and other cryptocurrency in the world. But there's no assurance that bitcoin will fall. In bitcoins case, the future market gives traders a chance to bet on whether bitcoins price will rise or fall without actually owning the token.
alani123
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December 15, 2017, 02:36:46 PM
 #27

The number of unique bitocoin addresses exceeds numbers the human mind can comprehend. There is no point going through how many addresses can be generated because simple the number is too large. On the other hand, it's natural for the amount of bitcoin addresses that have been used to increase but it doesn't reflect an increases in usage. People sometimes generate new addresses when they want to receive a new payment etc. So one person could hold millions of addresses. The amount of bc.i (which OP probably quotes) wallets on the other and is perhaps the least representative measure of bitcoin's growth.

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fortunecrypto
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December 15, 2017, 02:45:44 PM
 #28

If you look at the current chart it seems that Bitcoin's price will continue to grow because with more people to invest and know the existence of Bitcoin and the increasing demand for Bitcoin in the VIP market, it seems that Bitcoin's price will continue to grow higher by seeing the current market situation.

But it seems people just want to hold bitcoin and not what it is intended to use we are creating scarcity well honestly I am one of them but everyone is tempted to do because the yields of profit is huge compared to any investment company be it mutual funds or forex.

guybrushthreepwood
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December 15, 2017, 04:30:42 PM
 #29

the chart don't prove anything .

It does. It proves the number of wallets created are increasing.

Bitcoin will crash one day but for now just enjoy it and focus on making profit and don't leave all you savings in crypto.
cash out whenever you can so you wouldn't regret not pulling out later Wink

I'm not sure why this is relevant to this thread. Speculation on bitcoin crashing has absolutely nothing to do with how many addresses are being created.

Theres a possibility that bitcoin will fall. Because there's a lot of digital currency existing right now just like ethereum, dash, litecoin and other cryptocurrency in the world. But there's no assurance that bitcoin will fall. In bitcoins case, the future market gives traders a chance to bet on whether bitcoins price will rise or fall without actually owning the token.

The title of this thread is fall, not fail  Roll Eyes
dali_masmoudi
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December 15, 2017, 04:38:09 PM
 #30

As you can see in the chart, Bitcoin is very volatile and that is what make some says that it will have a great fall.
But due to my interests in cryptocurrencies I  conclude that there is no predictions with Bitcoin.
No body expected a raise to 17k US dollars, and no body can predict anything in this mysterious world.
But we have to stay aware and be careful of anything can effect it.
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December 15, 2017, 04:39:43 PM
 #31

It does. It proves the number of wallets created are increasing.
Number of wallets created on an *exchange are increasing.That makes all the difference to it.It's officially time to say Good-Bye to the good old Core lovers.

I'm not sure why this is relevant to this thread. Speculation on bitcoin crashing has absolutely nothing to do with how many addresses are being created.
Number of addresses created has nothing relevant to the thread either :/ I'm against the title too but we need facts to support the opinions and not just replies.


The title of this thread is fall, not fail  Roll Eyes
Don't they both actually signify one and the same thing ?
Cryptokingind
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December 15, 2017, 04:42:40 PM
 #32

May be bitcoin drop down but it is a part of crypto market graph. It is very much clear bitcoin presently very volatile.up and down is part of life and same formula is work here.
guybrushthreepwood
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December 15, 2017, 04:51:33 PM
 #33

The title of this thread is fall, not fail  Roll Eyes
Don't they both actually signify one and the same thing ?

Well yeah, but not in the context he gave lol.
DAVETUN
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December 15, 2017, 05:12:06 PM
 #34

Bitcoin wont fail because of the fluctuation in the space its is normal, December is when alot take profit,if you look at share value globally,alot of negative signs,its normal.
Too sure BTC will not fail because of this,Bitcoin is a global coin that allow privte transaction with these in place ,stability of BTC is sure
senin
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December 15, 2017, 05:14:40 PM
 #35

I do not think that bitcoin will fall in price in the next few months. Most likely, he will even significantly rise in his course. Such growth will continue until February, and then its course will float on the waves of volatility. However, it is very difficult to predict the behavior of bitcoins. Its course is influenced simultaneously by a mass of external factors.
btcjoin14
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December 15, 2017, 05:16:01 PM
 #36

I do not think that bitcoin will fall in price in the next few months. Most likely, he will even significantly rise in his course. Such growth will continue until February, and then its course will float on the waves of volatility. However, it is very difficult to predict the behavior of bitcoins. Its course is influenced simultaneously by a mass of external factors.
There's too much of a trend for Bitcoin to drop in price. People will soon be purchasing it looking to get a lot of money from it.
ahmad21
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December 15, 2017, 05:17:15 PM
 #37

That is still quite low that makes an average of 16 bitcoins per address. who in this world is so foolish to store such a huge amount of bitcoins in just a single addy? Moreover this has no connection with price downfall. This 1M wallets addresses signify that merely a million people have joined community not to forget that all of us have multiple addy. I think there is still a whole lot of potential with cryptos to grow.
btcjoin14
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December 15, 2017, 05:18:20 PM
 #38

That is still quite low that makes an average of 16 bitcoins per address. who in this world is so foolish to store such a huge amount of bitcoins in just a single addy? Moreover this has no connection with price downfall. This 1M wallets addresses signify that merely a million people have joined community not to forget that all of us have multiple addy. I think there is still a whole lot of potential with cryptos to grow.
You'd be pretty surprised by how many people actually have a full Bitcoin. Most rich people have majority of the coins.
bit32
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December 15, 2017, 05:22:13 PM
 #39

Bit coin has been consolidating for days. Have you looked at the Fib levels of support? I could and should test a major level of support (not 10k) before too long. That strengthens the bull run.
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December 15, 2017, 05:24:23 PM
 #40

BTC will never fail. But I bet world leaders and other politicians and the economy is dying to get in to Bitcoin and have a piece of that so .. I think in long term they will have some kind but I don't think BTC will die.. Smiley
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