Bitcoin Forum
June 25, 2024, 03:28:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Bitcoin cannot crash or go down.  (Read 204 times)
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 07:17:21 PM
 #1

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
webchris
Member
**
Offline Offline

Activity: 142
Merit: 10


View Profile WWW
January 26, 2018, 07:19:14 PM
 #2

More people are waking up to Bitcoin every day. I'm doing my part to educate people.

Join a Safe Shared LUX Masternode -> https://www.luxmasternode.com
crazy-pilot
Sr. Member
****
Offline Offline

Activity: 861
Merit: 253


SmartFi - EARN, LEND & TRADE


View Profile WWW
January 26, 2018, 07:24:23 PM
 #3

It can down one time man , why not ?
Look - gold have price , need ppl gold or dont need , but gold have price anyway .
If nobody will buy gold it will have price anyway.

Bitcoin dont have price , if nobody will buy it price go for zero.
So i think we have some % chance to get bitcoin go to floor Sad

████
██
██
██
██
██
██
██
██
██
██
██
████
...The Open..............
...Lending Platform...
████
████
████
████
████
████
████
████
████
████
████
████
████
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
█████████▀        ███████
████████▀        ▄█████████
█████████       ▄▀▀██████████
█████████     ▄▀   ▀█████████
██████████  ▄▀      █████████
█████████▀▀       ▄████████
███████        ▄█████████
▀███████▄▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.SMARTFI..████
████
████
████
████
████
████
████
████
████
████
████
████
...Join the SmartFi.....
...Token Sale...
████
██
██
██
██
██
██
██
██
██
██
██
████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 07:24:29 PM
 #4

More people are waking up to Bitcoin every day. I'm doing my part to educate people.

Good job. People need to realize that this is a once in a lifetime opportunity to make money. BTC and ETH are unique and deflationary. You cant stop them.
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 2968
Merit: 575


www.Crypto.Games: Multiple coins, multiple games


View Profile
January 26, 2018, 07:25:22 PM
 #5

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
The price won't constantly go up but eventually will. Just relate the market with basic economic laws. Demand and supply plays a role here. More people selling ,more supply of bitcoins causing the price to fall and vice versa. Now even though the price will go up, people will sell their bitcoins to cash out their profit as they might have reached their profit threshold level. So nothing much you can do to stop them.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
trobin
Full Member
***
Offline Offline

Activity: 177
Merit: 102


🤖UBEX.COM 🤖


View Profile
January 26, 2018, 07:25:37 PM
 #6

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Just because bitcoin has a limited supply and USD does not does not mean that bitcoin cannot crash. It would generally mean it has a better chance of appreciating but it's not certain and that's because you're forgetting the other force that makes up price and that is demand. Demand for bitcoin can easily fall for a number of reasons and any one of them could mean a crash in the price.

patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 07:25:47 PM
 #7

It can down one time man , why not ?
Look - gold have price , need ppl gold or dont need , but gold have price anyway .
If nobody will buy gold it will have price anyway.

Bitcoin dont have price , if nobody will buy it price go for zero.
So i think we have some % chance to get bitcoin go to floor Sad

The supply of gold is unknown. It is not even fair to compare gold with cryptocurrencies.
baradfo
Full Member
***
Offline Offline

Activity: 232
Merit: 105


View Profile
January 26, 2018, 07:26:15 PM
 #8

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Let them sell, more to go around  Roll Eyes Of course I try to educate the noobs as much as possible, but they have the freedom to ignore somebody who's been around a while.
shursight
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile WWW
January 26, 2018, 07:29:04 PM
 #9

So you are surprised of those noobs? they have always been like that, i have been in this forum since 2013 and i can confirm to you that there have been a lot of people saying that bitcoin was gonna crash ONCE it hits $1000 for the first time.
Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Just let them talk, that is how the system works.

You do not lose until you sell.


++++++
+++++++   ++++++
+++++++  +++++++
++++++   +++++++
+++++  +++++++++
      ++++++++++     
+++++++  +++++++
+++++++   ++++++
++++++++  ++++++
++++++++   +++++
++++++++   +++++
+++++++

XRPNow
Ripple Price & News
XRP Price / Ripple News /
XRP Price Prediction

++     
++
++
++
++
++
++
++
++
++
++
++

COINDOO
Latest Blockchain and Cryptocurrency News   
Bitcoin News Today

++     
++
++
++
++
++
++
++
++
++
++
++

THECCPRESS
Blockchain & Cryptocurrency Tabloid
Blockchain News Today
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 07:30:35 PM
 #10

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Just because bitcoin has a limited supply and USD does not does not mean that bitcoin cannot crash. It would generally mean it has a better chance of appreciating but it's not certain and that's because you're forgetting the other force that makes up price and that is demand. Demand for bitcoin can easily fall for a number of reasons and any one of them could mean a crash in the price.

Divide the available supply of US Dollars by the available supply of Bitcoins. What number do you get?Huh (how much is 5% of that number). Price is not even close to that number.  How many people in the world is using it??? 1% of the population 2%?. Can you imagine if 25% start using it?
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 07:32:14 PM
 #11

So you are surprised of those noobs? they have always been like that, i have been in this forum since 2013 and i can confirm to you that there have been a lot of people saying that bitcoin was gonna crash ONCE it hits $1000 for the first time.
Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Just let them talk, that is how the system works.

You do not lose until you sell.


You are right. It is happening since BTC was $100
Reatim
Sr. Member
****
Offline Offline

Activity: 2870
Merit: 363


Eloncoin.org - Mars, here we come!


View Profile
January 26, 2018, 07:47:16 PM
 #12

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
That's why the tulip bubble argument against bitcoin is flawed at the beginning. They keep on comparing bitcoin to tulip bubble were there is unlimited supply while bitcoin can't go beyond 21M coins in circulation.

And it really boils down to the basic economic law of Supply and Demand. Only please take note that every 4 years, there is a halving making the supply of bitcoin scarce, and the price could increase overtime until a final quantity of 21M bitcoin have been mined.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
trouble401
Jr. Member
*
Offline Offline

Activity: 72
Merit: 6


View Profile
January 26, 2018, 08:25:54 PM
 #13

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

I am a very big believer of bitcoin, but to say that it cannot crash or go down is not accurate in my opinion.  At the end of the day the price of bitcoin is determined by supply and demand.  The demand continues to go up as there is a finite amount of BTC compared to fiat so we have seen the prices go up, but there can definitely be external forces that impact supply and demand.  Lately we have seen the rise of alts and to a large degree that gives people a substitute from BTC.  The greatest threat though is probably government regulation.  Of course it is probably impossible to shut down BTC or crypto completely, but if countries were to ban exchanges or impose ridiculous taxes, it could seriously impact the benefits of owning BTC.  Remember that a large amount of the value of BTC is in the network effect, and without that large network, BTC/crypto loses a lot of value.

In the end, I don't think governments will be successful in shutting down the movement and I think BTC/crypto will continue to grow.  But as I tell my friends when they ask how much BTC will be worth in the future, I tell them anywhere between $1 and $1 million.

DeepOnion ⚡ Anonymous & Untraceable Cryptocurrency
⚡ Join DeepOnion Airdrop NOW! ⚡ (https://deeponion.org/apply.php?ref=1135054)
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 08:30:29 PM
 #14

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
That's why the tulip bubble argument against bitcoin is flawed at the beginning. They keep on comparing bitcoin to tulip bubble were there is unlimited supply while bitcoin can't go beyond 21M coins in circulation.

And it really boils down to the basic economic law of Supply and Demand. Only please take note that every 4 years, there is a halving making the supply of bitcoin scarce, and the price could increase overtime until a final quantity of 21M bitcoin have been mined.

Tulip bulbs are the most STUPID and IDIOTIC argument ever against BTC. How in the world you could compare them?. Its like saying BTC is currently in a bubble. How th FK you can be in a 200 billion bubble with a adoption below 10%?..............NOO WAYY
squatz1
Legendary
*
Offline Offline

Activity: 1666
Merit: 1285


Flying Hellfish is a Commie


View Profile
January 26, 2018, 08:30:47 PM
 #15

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
That's why the tulip bubble argument against bitcoin is flawed at the beginning. They keep on comparing bitcoin to tulip bubble were there is unlimited supply while bitcoin can't go beyond 21M coins in circulation.

And it really boils down to the basic economic law of Supply and Demand. Only please take note that every 4 years, there is a halving making the supply of bitcoin scarce, and the price could increase overtime until a final quantity of 21M bitcoin have been mined.

Just because there is less of something doesn't immediately point to the fact that it's going to be expensive, that's just one of the many factors which should be going into a valuation. -- At the moment I do think that bitcoin is a tad bit overpriced, and its too volatile for people to actually use it (as the main purpose of being a currency)

So yes bitcoins price can go down, but it shouldn't change the actual tech or anything else (being usage) behind bitcoin -- if the bitcoin price was to stablize though that'd be amazing of for the bitcoin community as adoption would increase.




▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄                  ▄▄▄   ▄▄▄▄▄        ▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄
 ▀████████████████▄  ████                 █████   ▀████▄    ▄████▀  ▄██████████████   ████████████▀  ▄█████████████▀  ▄█████████████▄
              ▀████  ████               ▄███▀███▄   ▀████▄▄████▀               ████   ████                ████                   ▀████
   ▄▄▄▄▄▄▄▄▄▄▄█████  ████              ████   ████    ▀██████▀      ██████████████▄   ████████████▀       ████       ▄▄▄▄▄▄▄▄▄▄▄▄████▀
   ██████████████▀   ████            ▄███▀     ▀███▄    ████        ████        ████  ████                ████       ██████████████▀
   ████              ████████████▀  ████   ██████████   ████        ████████████████  █████████████▀      ████       ████      ▀████▄
   ▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀  ▀▀▀▀        ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀        ▀▀▀▀       ▀▀▀▀        ▀▀▀▀▀

#1 CRYPTO CASINO & SPORTSBOOK
  WELCOME
BONUS
.INSTANT & FAST.
.TRANSACTION.....
.PROVABLY FAIR.
......& SECURE......
.24/7 CUSTOMER.
............SUPPORT.
BTC      |      ETH      |      LTC      |      XRP      |      XMR      |      BNB      |     more
Agamemnus
Full Member
***
Offline Offline

Activity: 267
Merit: 100



View Profile
January 26, 2018, 08:33:14 PM
 #16

I think there is some chance that it can crash or go down.

patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 08:37:07 PM
 #17

I think there is some chance that it can crash or go down.

if you let it run as it is it couldn't......If goverments, trolls and banking assholes manipulate it.....then it COULD crash
patroncito (OP)
Full Member
***
Offline Offline

Activity: 398
Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN


View Profile
January 26, 2018, 08:39:03 PM
 #18

The overall trend is UP. Each time there is a dip people start saying that it will crash or die
Nhebu
Member
**
Offline Offline

Activity: 616
Merit: 10


View Profile
January 26, 2018, 08:44:15 PM
 #19

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
In some point this statement is correct but what if the real satoshi will steal and remove bitcoin? We can say that this is a secured coin but we cannot neglect that this is a bubble thing. We don't know the source and maybe someday it will pop up like bubble.
However, I am not a haters of bitcoin. I am also a follower of it but I just to say that we need to anticipate everything that will happen. We don't need to stake what is happening from now. We should notice what are future could be.
Zyborg
Sr. Member
****
Offline Offline

Activity: 476
Merit: 256


View Profile
January 26, 2018, 08:53:07 PM
 #20

Well word Crash here is not suitable for BTC,Yes we should do admit that with the launch of Altcoin many investor might have withdrawn their investment from BTC and invested into Altcoin,that why BTC vale went down by 30% but never crashed like many other coin.BTC now is a universally recognized cryptocurrency and a trust name for many investor.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!