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West0813
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August 21, 2018, 11:43:54 PM |
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Don't believed easily on what other people are saying. Because it will give you negative perception on bitcoin. Bitcoin is still strong so don't worry too much.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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August 21, 2018, 11:59:29 PM |
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There are more users and holders of Bitcoin compared to 2 years ago when price of Bitcoin was down to 3 digits. More people are using it, more merchants accepting it. So going back to $1800 or $1500 is quite impossible to say unless there's too many confirmed negative news that will hurt Bitcoin and its price.
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Ozero
Full Member
Offline
Activity: 2044
Merit: 180
Chainjoes.com
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August 22, 2018, 05:07:00 AM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Bitcoin will not sink so low in its price. The price bottom of bitcoin has long since passed. In order to be widely used as a means of payment, bitcoin need not necessarily have a physical form. There are various non-cash forms of settlements that do not have a physical form of money. Therefore, as a payment system bitcoin and other crypto currency can quite work and in its usual virtual form. |
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lingwistiko
Member
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Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
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August 22, 2018, 06:26:06 AM |
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I don't think bitcoin will fall to that level because that's a little too low for bitcoin to not attract others to invest at that market price. As we can see, when bitcoin has fallen down to 5,000$ mark, people are getting crazy buying on that price that's why its market price will also rise again immediately.
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Mr.grin
Legendary
Offline
Activity: 1218
Merit: 1000
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August 22, 2018, 07:18:31 AM |
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There are more users and holders of Bitcoin compared to 2 years ago when price of Bitcoin was down to 3 digits. More people are using it, more merchants accepting it. So going back to $1800 or $1500 is quite impossible to say unless there's too many confirmed negative news that will hurt Bitcoin and its price.
we don't know what will happen in the future. but we hope that doesn't happen, well, the price is also so low. but I feel that the price of bitcoin will reach a high price in the future. no one expects the price of bitcoin to reach that price. |
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holzer
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August 22, 2018, 10:25:27 AM |
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No way it ever goes that low again.
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BitBite5
Member
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Activity: 210
Merit: 40
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August 22, 2018, 10:33:49 AM |
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I don't know where such speculations come from. Anything is possible when it comes to bitcoin but current situation on the market doesn't show such trend that would make the price to go so low. Of course that we always have to have in mind bitcoin volatility but there is no room for panic.
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clarkgeneral86
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August 22, 2018, 10:55:17 AM |
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No way it ever goes that low again.
It has gone from low to high and it is possible to go from high to low, nothing is absolutely impossible. According to the situation now, $6000 is probably the lowest price and it will be hard to fall below this price. |
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South Park
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August 22, 2018, 06:51:03 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Share the link so we can laugh on the face of those so called experts that think bitcoin is going to crash just because it lacks physical form, if that was the case then how it is possible to use credit cards and debit cards that are nothing but numbers on a screen as money? Those experts should feel ashamed of their ignorance and their lack of knowledge about the world. |
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Tcpark
Newbie
Offline
Activity: 210
Merit: 0
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August 22, 2018, 06:53:34 PM |
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I don't think so... Do you mentioned, when BTC coming to 6k$ Tether prints 15kk-250kk tethers? It means they never let BTC down below 5500-6000
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omacron12
Newbie
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Activity: 60
Merit: 0
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August 22, 2018, 06:55:11 PM |
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If bitcoin ever falls remotely close to those value quoted by as little as 2000$. I will sell most of my offline assets and buy as much as I can, they days of 1500$ bitcoins are gone for good.
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BitSat
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August 22, 2018, 08:10:31 PM |
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This will most likely not happen since the whales won't simply back down from one of the best financial opportunities of this century. Bitcoin will most likely never go back to 1000$ levels ever again and am expecting it reach 20000$ by the end of this year which is why I am investing and giving tip to my friends for holding as if they want some good and healthy profit from this.
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sunflower_11438
Newbie
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Activity: 40
Merit: 0
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August 23, 2018, 07:10:29 AM |
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If the BTC price drops to 1500, there will be a major recession in the mining sector.
But based on "what is bitcoin" as far as I know and with all that has happened I think it's likely that prices won't go down that far.
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gabmen
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August 25, 2018, 01:10:16 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Share the link so we can laugh on the face of those so called experts that think bitcoin is going to crash just because it lacks physical form, if that was the case then how it is possible to use credit cards and debit cards that are nothing but numbers on a screen as money? Those experts should feel ashamed of their ignorance and their lack of knowledge about the world. Lol. Experts eh, more like rumor mongers who don't have an idea of what they're talking about or would just like to manipulate weaklings into panicking. Anyone who'd be affected with these predictions need to study crypto a little more. |
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Btcvilla
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August 25, 2018, 02:20:04 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I think there are a lot of bad rumors and fuds that deliberately destroy the value of bitcoin. in fact, that doesn't happen and bitcoin is always able to survive you can see bitcoin still has a very high selling value even though its value has dropped by almost more than half. |
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ThunderCatSteve
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September 18, 2018, 01:52:52 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I think there are a lot of bad rumors and fuds that deliberately destroy the value of bitcoin. in fact, that doesn't happen and bitcoin is always able to survive you can see bitcoin still has a very high selling value even though its value has dropped by almost more than half. Definitely? Seems you are so sure of your prediction already. This will be like any other fork and what makes you think it will be so different? You can as well just dump what you have so that some of us can have some little profit to play around with. If anything should have happened to bitcoin, major impact would have been the August fork, there doesn't seem to be too much debate on this, although so many developments are going on without consensus but I had rather see this as just another profit making method after having another forked chain. Hope it gets pumped like BCC too (no offence). |
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Himanshu111
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September 18, 2018, 05:06:51 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I think there are a lot of bad rumors and fuds that deliberately destroy the value of bitcoin. in fact, that doesn't happen and bitcoin is always able to survive you can see bitcoin still has a very high selling value even though its value has dropped by almost more than half. Definitely? Seems you are so sure of your prediction already. This will be like any other fork and what makes you think it will be so different? You can as well just dump what you have so that some of us can have some little profit to play around with. If anything should have happened to bitcoin, major impact would have been the August fork, there doesn't seem to be too much debate on this, although so many developments are going on without consensus but I had rather see this as just another profit making method after having another forked chain. Hope it gets pumped like BCC too (no offence). Anyything is possible in the market.Although we do not know what will happen in the future but if we see the current position of Bitcoin in the market we can say that Bitcoin will not fall to this much of level.Its price is rising slowly and steadily and it has started doing well in the market.The investors are now happy because they are receiving decent amount of profits now after the rise in price.More and more people are also enrolling themselves in Bitcoin. |
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Bonsaiav
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September 18, 2018, 11:26:06 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Anyone can be said to be an expert, if they are rich and have long been involved in the investment however, what they invest it seems not to cryptocurrency, but to other commodities for example, stocks, bonds or other. So they don't have the slightest experience in cryptocurrency investment. For me whatever he says it's obligatory for us to call it FUD because of what he says clearly not fundamental and we don't need to respond. |
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hubballi
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September 18, 2018, 11:40:22 PM |
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No one can say how far Bitcoin will fall and how far high it can go. Time will only tell as you can see that in 2011 time no one knowed that in 2017 the price will be nearby $20k when the price was in 1$ and below. So if you have dead investment then you can do it in bitcoin.
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Baronggot
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September 19, 2018, 03:21:00 AM |
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I think that's way too low of a level for bitcoin to touch down. As we can see 5,000$ is the all time low price for bitcoin this year but it never step down below than that yet as new comer investors also took the chance of investing while its market price is low.
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