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Author Topic: Do You Have Any Fear Bitcoin Might Crash Someday.  (Read 986 times)
andrei56
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March 01, 2018, 06:47:37 AM
 #61

Bitcoin price crash is nothing new because there were many crashes that already happened in the past. Bitcoin worst crash happened last 2013 and 2017, it downed by 87% and 59% respectively and in this crashes, bitcoin is proclaimed dead by many of its critics. Bitcoin regularly comes back to life after this worst crashes and manage to regain its bullishness later. I believe bitcoin will remain to be the top cryptocurrency for more years and can always manage to comeback despite of many challenges it will face.
This is true but you need to understand that even if we have seen some crashes most of the people that entered in bitcoin in the last year and specifically at the end of the year have never seen anything like it, so it is very natural they panicked even if they knew a crash like that was possible, knowing it can happen and actually living through it are two different things.
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March 01, 2018, 06:59:21 AM
 #62

Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging. So if you ask me, I think it is quite impossible for Bitcoin to CRASH.

Just a small percentage that bitcoin will crash.  Right now bitcoin price are increasing. People are getting good profits in  it. Everyones eagerness and determination are driving crazy. This is what bitcoin more valuable right now.

Well anyone holding a satoshi probably is afraid of that possibility however remote that is. With the way things are moving today for crypto, its a little safe to say that btc is bound to grow along with the entire crypto market instead of crashing but with anything possible in crypto, we can't just disregard a possibility of a crash
Its already happened several times in the past but the value managed to bounce back with even higher price if we look in bitcoin's history. However its still uncertain if what happened before can still happen in the future, only time can tell. Im optimistic in btc so If there's a crash along the way, I wont treat it negatively but instead will look forward for the price to recover.

nightfury
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March 01, 2018, 07:23:16 AM
 #63

I don't have fear at all because i have already learned from the past that bitcoin is very vulnerable in crashes and corrections that will cause its market price to plunge so deep. And with the coming crash, i will make it as an opportunity to buy a cheaper bitcoin and altcoins.

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Baoo
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March 01, 2018, 10:03:35 AM
 #64

Honestly, I believe that Bitcoin will continue to evolve and progress in the future, and it will be stronger than before. So I am not afraid or pessimistic that sameday it will disappear. As well, the problem of many people are criticizing everything being successful ( Bitcoin) so they deceive users of this currency through rumors and lies in the media ( fake  news (expectations) ) to scare them.
On the other hand, every drop in the value  of bitcoin  is a normal thing and even if there is a big crisis ( such as, in the previous period ), and when we see what happened in previous years ( 4 years) , we conclude that after every drop in price, Bitcoin returns  better than before. So maybe the decrease in the value of Bitcoin is  very necessary .
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March 01, 2018, 11:34:02 AM
 #65

I don't have any fear it might clash because it is going to reduce in value and increase in value time to time and we should not see it as something to be afraid of but to always see opportunity in it. Bitcoin  is the future and own it now is the right things to do.
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March 01, 2018, 12:10:05 PM
 #66

Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.
helen28
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March 01, 2018, 12:22:01 PM
 #67

Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.
All of us for sure have a fear that not only bitcoin but all cryptocurrency will be gone someday especially if you are just hoping for this because you don't have your regular job, so might as well if you have any burdens save and have your own business.
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March 01, 2018, 02:25:31 PM
 #68

Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.
Right,  bitcoin and all other cryptocurrencies won't just go down that easy.  The price will first start to go down but when that happens,  there is a possibility for bitcoin to be in demand again and there is a chance for people to buy and invest at low price.  Bitcoin will just be in a cycle therefore it will not easily go down. 

What I am really worried about is when the government in our country decided to do the same thing that China did.  I most fear that bitcoin and crypto transactions will be prohibited.

orions.belt19
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March 01, 2018, 03:05:32 PM
 #69

There has been plenty of speculations from the past saying that bitcoin is eventually going to crash especially with the rate of how the price has been performing. Since bitcoin is said to be unstable, many are expecting the market will crash in the near future. As an investor, it is everyone's fear for a crash to happen - and not only with bitcoin. Even with other investments, there is always the fear for a crash. It cannot be avoided to have a little fear since our money is at stake.
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March 01, 2018, 05:39:03 PM
 #70

There has been plenty of speculations from the past saying that bitcoin is eventually going to crash especially with the rate of how the price has been performing. Since bitcoin is said to be unstable, many are expecting the market will crash in the near future. As an investor, it is everyone's fear for a crash to happen - and not only with bitcoin. Even with other investments, there is always the fear for a crash. It cannot be avoided to have a little fear since our money is at stake.
People have the right to fear because they put their own money in an investment. There are a lot of investment fields, but when we talk about crypto, we can say that the market is too fluctuate, so no one can trust the market after this high volatility of price, but personally, I believe in cryptocurrencies, especially bitcoin and I know that one day bitcoin will achieve a high price so people who invested now they will be millionaires.
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March 01, 2018, 05:48:40 PM
 #71

I don't have any fear bitcoin if might crash someday, this is because bitcoin for me is not the main source of income, and I work in the office and clothing and food business so I just make bitcoin to earn a little money and never have a large amount of bitcoin.

great
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March 01, 2018, 08:28:25 PM
 #72

As it happens when investing, everyone is afraid not to lose money. There are many factors that can cause a crash. Therefore, these fears are justified. Just look at the recent panic sales.

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March 01, 2018, 08:33:33 PM
 #73

Yes I have that fear but not soon. Because bitcoin crashed just last month and we are ok now. We may have some wounds but we did not die.
We are entering in a bullish trend for bitcoin and that crash may happen 1-2 years later from now on. We can think when it comes near.

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March 01, 2018, 08:39:11 PM
 #74

I don't have that fear. All transactions are stored on millions of computers worldwide. This data cannot be destroyed. It is possible to interfere with the work of the Internet and stop the network for some time, but it will be a disaster and the consequences of such an accident will be very quickly eliminated.
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March 01, 2018, 08:41:57 PM
 #75

Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging. So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
I do not mind if bitcoin crashes or even if its stops having any value, I'm not going to stop holding that is my strategy, the money I invested in bitcoin is a money I can afford to lose and I have the mentality that either I will get incredible profits out of it or I will get nothing so while many are scared when a crash happens I do not and if possible I take advantage of the opportunity.

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March 01, 2018, 10:00:54 PM
 #76

It is possible to interfere with the work of the Internet and stop the network for some time, but it will be a disaster and the consequences of such an accident will be very quickly eliminated.

Theoretically, yes. Will this ever be put into practice to stop Bitcoin's network? No. If you manage to shut down the entire internet, you don't only shut down Bitcoin, but also the entire banking/financial infrastructure. In other words, the damage such actions will cause to the banking/financial infrastructure, will be severely worse than the damage those behind this attack will inflict on Bitcoin's network. And then I have only mentioned the banking/financial infrastructure - imagine how much damage such attack will cause to the entire world economy with how much everything nowadays depends on internet. This form of economical damage will never ever justify the tiny bit of damage that they inflict on Bitcoin.
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March 02, 2018, 03:08:46 AM
 #77

There will always be fear that bitcoin might someday crash, just like any other currency. Bitcoin crashing may seem impossible with it trends right now, but who know what the future holds for bitcoin.

Whatever the future may hold for bitcoin it will surely affect a lot of people. Crash or gain more value people and large investor are looking forward to it.
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March 02, 2018, 07:55:33 AM
 #78

I dont have any fear that bitcoin  might crash someday, because it was created idealistically and professionally,they have a goal which to free  person from control of state  and financial institutions. Bitcoin is falling sometimes and that is actually totally normal it will not last forever after that there is always be a growth,one thing im holding on is that the past,present, doesnt predict the future just continue believing bitcoin.
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March 02, 2018, 01:07:40 PM
 #79

I think chances of bitcoin crashing to zero in the foreseeable future are very small. Crashes like one in the beginning of this year are almost guaranteed to happen from time to time, but, I hope, they will be followed by recoveries, as were the previous ones in 2013 and 2011.
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March 02, 2018, 02:23:50 PM
 #80

I do not believe that a global catastrophe can occur with bitcoin. It seems to me that we have already crossed the Rubicon. A lot of very rich people have invested their money in bitcoins will not allow this. I am more concerned about the lack of prospects of using bitcoins as a currency. I really want to give up Fiat. But now it is impossible.
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