asexypotato
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Activity: 48
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December 28, 2017, 08:13:58 AM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
Current holders won't be letting it happen, these who own large amount of bitcoins are the only ones that may do a move to decrease its price... no wonder these who bought at high prices... |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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QuestionAuthority
Legendary
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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December 28, 2017, 05:16:07 PM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
Current holders won't be letting it happen, these who own large amount of bitcoins are the only ones that may do a move to decrease its price... no wonder these who bought at high prices... That may actually be true. You need to modify that statement slightly though. Current holders with a vested interest are highly motivated to attempt to keep the bubble from popping as much as possible. You need to remember, there are roughly a million stolen bitcoins being controlled by people that have no vested interest in maintaining the price. A large percentage of the entire economy is controlled by people that don’t give a shit about bitcoin. Satoshi has over a million bitcoins that will eventually enter the market. Millions of bitcoins are also controlled by people that mined bitcoins at the very beginning when they were worth almost nothing. These people can sell at any reasonable price and become famously wealthy. What incentive do they have for waiting 20 years to sell? They’re not going to wait until they’re old and can’t enjoy the money. The current group of venture capital and private equity fund investors with a risk-seeking attitude are clearly crazy. Their whole world can come crumbling down around their feet because of the huge group of people listed in the previous paragraph. |
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Samarkand
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December 28, 2017, 06:18:46 PM |
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... Satoshi has over a million bitcoins that will eventually enter the market. ....
I agree with the rest of your post, but this part is highly unlikely in my opinion. It is much more likely that the keys to Satoshi´s coins are lost forever. They will never enter the market and can be pretty much ignored for all purposes. |
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QuestionAuthority
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You lead and I'll watch you walk away.
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December 28, 2017, 07:35:56 PM |
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... Satoshi has over a million bitcoins that will eventually enter the market. ....
I agree with the rest of your post, but this part is highly unlikely in my opinion. It is much more likely that the keys to Satoshi´s coins are lost forever. They will never enter the market and can be pretty much ignored for all purposes. I agree with that too but we don’t have any way to prove it. |
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readygoaw
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December 29, 2017, 08:44:22 PM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
The main thing is that bitcoin is alive, and everything else is formed. But the altcoins will help to bitcoin not to die! |
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aso118
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★Nitrogensports.eu★
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December 29, 2017, 08:58:09 PM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
Current holders won't be letting it happen, these who own large amount of bitcoins are the only ones that may do a move to decrease its price... no wonder these who bought at high prices... Current holders are not at all worried about the price decreasing. Those who do not want governments to take their cut will continue to keep their wealth in the form of cryptocurrencies for some more time. Others will just be worried about taking their money out (and enjoy it through consumption or other means) without crashing the market in the process. |
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oztusk
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December 29, 2017, 09:46:16 PM |
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btc has established itself as a medium of exchange and a store of value.
if the value dropped dramatically i would exploit the situation to buy, confident of a recoup.
when people ask me "what if it drops to zero" i tell them "that is the best time to buy."
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<<< "MY DOG ATE YOUR BITCOIN".. mtGox - - "MY DOG IS EATING YOUR BITCOIN"... Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ... nicehash ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment. "THE DOG ATE YOUR BITCOIN".. mtGox |
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oztusk
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December 29, 2017, 09:53:22 PM |
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... Satoshi has over a million bitcoins that will eventually enter the market. ....
I agree with the rest of your post, but this part is highly unlikely in my opinion. It is much more likely that the keys to Satoshi´s coins are lost forever. They will never enter the market and can be pretty much ignored for all purposes. i dont think satoshi would be likely to lose his keys. |
<<< "MY DOG ATE YOUR BITCOIN".. mtGox - - "MY DOG IS EATING YOUR BITCOIN"... Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ... nicehash ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment. "THE DOG ATE YOUR BITCOIN".. mtGox |
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michellee
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December 30, 2017, 10:47:40 AM |
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... Satoshi has over a million bitcoins that will eventually enter the market. ....
I agree with the rest of your post, but this part is highly unlikely in my opinion. It is much more likely that the keys to Satoshi´s coins are lost forever. They will never enter the market and can be pretty much ignored for all purposes. i dont think satoshi would be likely to lose his keys. yeah, I am sure that satoshi will take care his keys and not let other people know where he saves it. I think bitcoin will increase back after this bloody December and will reach the higher price. but I cannot imagine if somehow satoshi dump the price and I am sure that he can make a lot of money with his bitcoin. |
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Enjel
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December 31, 2017, 05:24:54 PM |
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... Satoshi has over a million bitcoins that will eventually enter the market. ....
I agree with the rest of your post, but this part is highly unlikely in my opinion. It is much more likely that the keys to Satoshi´s coins are lost forever. They will never enter the market and can be pretty much ignored for all purposes. i dont think satoshi would be likely to lose his keys. yeah, I am sure that satoshi will take care his keys and not let other people know where he saves it. I think bitcoin will increase back after this bloody December and will reach the higher price. but I cannot imagine if somehow satoshi dump the price and I am sure that he can make a lot of money with his bitcoin. I actually believe that the few early adopters with 5 digits or more of Bitcoin will not try to dump them on the market like that. It is easier to believe that they are true believers in Bitcoin (all they have to do to have enough money for life is to sell like a few hundred of them) who want to see the price go up to new highs, beating out the dollars. |
Using crypto to pay for college.
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Malsetid
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December 31, 2017, 10:50:35 PM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
If this unlikely scenario happens, then of course crypto market will get a big blow to it. But i think alts like eth and xrp will be ready to pick up from where btc left off. A lot of alts have huge potential and are really good projects, evem better than btc itself |
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CuDoCuDau
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January 01, 2018, 02:26:20 AM |
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Bitcoin will increase $50000 in 2018
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TERA2
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Deb Rah Von Doom
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January 01, 2018, 02:28:36 AM |
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If bitcoin price drops, that means others will exchange less fiat money to you for bitcoins during that time.
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60659 📦
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pinoyden
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January 01, 2018, 06:21:03 AM |
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History repeats itself. bubbles have previously popped on different industry/market. for a better answer, I would suggest doing some TA on the previously popped market.  Well, did we not have the bubble popped already unless you feel we are still in a state of bubble ? The bubble really was huge in the previous days but I am sure we may have been able to find a bottom already unless it is a fake bottom for now. I would call the previous rally from $10k to 19k a bubble honestly, but we are even lucky and sure shows how strong the community is to have been able to find the correction just to this level. Well, did we not have the bubble popped already unless you feel we are still in a state of bubble ?
no. bubble does not pop yet because bitcoin is still here alive and kicking. what we exactly feel right now is a major correction and a crash or dip. The bubble really was huge in the previous days but I am sure we may have been able to find a bottom already unless it is a fake bottom for now.
what bubble are talking about? theres no bubble yet because as a said earlier bitcoin is still here. i dont really know if you guys dont know what is the real meaning of a bubble. a bubble is something that pops and disapear or wont return anymore and bitcoin is still not expereince that. Re: WHAT HAPPENS IF BITCOIN POPS?
if bitcoin pops. then it will be vanished completely and people who invested on it were doomed but if that happens then i guess people will still switch out on to some other profitable coins like ripple and etherium. however people will not easily accept it because they loose thier invested capital without warning. |
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timerland
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January 01, 2018, 06:51:04 AM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
It is in the nature of Bitcoin to be volatile, and there is nothing that we can do about it. However, Bitcoin is very much alive and well. Do not be scared off with the recent dip in the prices. For some, this is the prime time to buy up Bitcoin's once more before it goes too high  Bitcoin will increase $50000 in 2018
Maybe by the end, though IMO bitcoin is not going anywhere with these transaction times and prices. This is probably the biggest setback for users today. If the lightning network can fix it, bitcoin is going to sky-rocket for sure. |
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nightfury
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February 19, 2018, 07:41:21 AM |
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That's inevitable because bitcoin's market price depends on the demand of the people. If most of the people including whales who owns big amount of bitcoins will trade their bitcoin, a possible pop will happen causing bitcoin's market price to fall down drastically.
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███████████████████████ ▀▄ Platio ▄▀ ███████████████████████
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omonuyak
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March 01, 2018, 10:30:37 AM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
pop to were? I think when we are talking about price pumping we are talking of upward movement and many financial experts called this a bubble. When bitcoin is pop or pumping its value will increase and when it is dumping its price get reducing. many of us thought that bitcoin market is different from stocks and forex market but I think there the same and the same factors affect there value. |
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Tigorss
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March 01, 2018, 05:56:45 PM |
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The obvious starting point is to discuss what will happen to everyone who invests a lot of money into Bitcoin if it collapses. Simply, they will lose money. It is even more interesting to examine its impact on the global economy of this revolutionary monetary system.
To be honest, if Bitcoin is removed from the face of the earth, the global economy will hardly know it. Bitcoin is very small compared to some of the other big market players out there. The real estate market is more than 500 times larger than the Bitcoin market.
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Kim Ji Won
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April 05, 2018, 05:49:12 PM |
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Well, everything is simple - people who invested in bitcoin will lose their money unless they will trade it before bubble pops. Actually, the blow is possible because bitcoin is a virtual money and its price depends only on what's happening on the market. There could be speculations that can drop its price as well as make it high.
It could be the other way around. If bitcoin's price really drops that low then traders who have a lot of experience in these kinds of situations will eventually know or will have a gut feeling to the movement of bitcoin's price then they will take necessary action before it happens. After that, they will surely invest again in bitcoin and its price will recover again because of the increase in supply. This is just a circle of events. |
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Sweetbtc
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April 19, 2018, 05:51:20 PM |
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Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.
Can anyone give me understandings as to why that won't happen?
It is right you have curious question as a newbie, because when i was new in bitcoin then most of the strange questions come on my mind. But when i entered in bitcoin then my curious has been finished. I tell you only one thing that coming time is for crypto currencies time. In future people like to use online currency and in it, bitcoin will be best. |
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