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Author Topic: Do You Have Any Fear Bitcoin Might Crash Someday.  (Read 986 times)
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March 02, 2018, 02:39:16 PM
 #81

I'm not thinking about that at all.
By now Bitcoin has become strong and resilient enough not to crash so easily and not to vanish from the scene.
The price will vary all the time and in the future Bitcoin will have better or worse periods but I expect to survive and to be established even more on a financial scene. Or better to say to become equal participant.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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March 02, 2018, 03:20:00 PM
 #82

Bitcoin has been proven to be unpredictable due to its highly volatile price movement. A crash is not impossible to happen but there will be a lot of investors willing to buy large volumes at a lower price level because that is just how the cycle goes, following the law of supply and demand, buy low and sell high.
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March 02, 2018, 04:37:29 PM
 #83

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.
Who doesn't? I have that fear of course and others feel that too. Giving up is hard but basically there is an option on how to make it useful and productive. I accept the reality that there is no permanent on earth but change is. Bitcoin is something precious and it is a big loss if it will crash someday. It is not in my perspective for that situation to happen and hope it really won't.

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March 02, 2018, 08:29:38 PM
 #84

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.
Yes after all bitcoin will still be there once they decide to turn on the internet again, so they need a way to focus their attacks on bitcoin, they need a way to distinguish bitcoin traffic from other kind of traffic and force ISP to block or to slow down that traffic, but if that were to happen the developers will find a way to disguise the traffic and all of that will be for nothing at the end.

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March 03, 2018, 02:54:47 AM
 #85

People are crazy of bitcoin the new generations digital crypto currency has create a confidence and hope because of its own technology which protects its investors no one cannot do any scam.But one thing which fears the bitcoin being deal by its investors leading to a platform of gambling for their own benefit to get soon a millionaire. This fears one day people will have to see bitcoin will crash with out any doubt.

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March 04, 2018, 03:45:55 AM
 #86

i do believe that someday bitcoin will crash and overcomed by other cyptocurrencies because there will always be better.
e.g nokia, nokia dominated the market for a long time but there comes the smartphones.
Let's look at things this way: Nokia is a popular company that manufactures phones and smartphones are innovated phones, so the emergence of smartphones could not have left Nokia behind. Same way, Bitcoin has been the flagship cryptocurrency and it's not averse to innovative moves in the industry, so what other cryptocurrencies to overcome it are yet to be seen.
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March 04, 2018, 12:55:59 PM
 #87

Haha i guess everyone who is holding bitcoin has the that feeling, a fear that one day, someday bitcoin might crash and of course everyone wishes too, it won’t happen☺️. But then since everything is possible to happen in bitcoin, we have to be prepared also of that bad scenario, in case worse comes to worst, you are ready to accept the situation, but for me i trust that bitcoin will reap more success in the future, and will even more expand its influence in the world.
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March 04, 2018, 12:59:09 PM
 #88

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.
Crashes are always expected due to the natural volatility of cryptos including Bitcoin. But if you are referring to a total crash, I do doubt about it. Bitcoin has a large community which the coins the you have mentioned donesn't have which highly affect the demand as well as the price of most cryptos. So I think it is quite impossible to happen.
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March 04, 2018, 02:01:31 PM
 #89

Well, I don't have any fear yet because bitcoin is too young to crash or vanish. It might someday bitcoin becomes obsolete but something may undertake it. Everything in the world has it's end.
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March 05, 2018, 12:40:25 PM
 #90

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.

So whats really your position? Will it crash or not?
ETH is the one supporting those new crypto's because of its smart contract, some are just a copy paste of the blockchain technology.
Copy paste will die, the projects with usable products will have chance to show case themselves to be used which would end up to them being demanded in the long run and hence lead to their presence remaining in the market.

Nevertheless, bitcoin has smart contract too, and you can go read about the OMNI protocol. I got to know about this recently from this post (https://bitcointalk.org/index.php?topic=2980361.msg30668604#msg30668604) and I was really amazed I have been ignorant all these while. Bitcoin is already established and based on the way a lot of people have pronounced it dead from the onset; it should have been dead by now.
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March 05, 2018, 01:31:51 PM
 #91

I do think that Bitcoin is going to crash some day, but not before a long time. And I also think that it's going to happen because of the government's close-minded.
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March 05, 2018, 05:44:28 PM
 #92

What fear can there be. First, fear should appear if there is something to lose. Especially if you bought Bitcoin for Fiat money. Secondly, if you are afraid, you do not need to do this at all. A cold head, and a sound mind will bring good luck.
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March 06, 2018, 11:57:31 AM
 #93

There will be both take-off and falling of course, but in general there will be an increase in cost. Catastrophe wont be. I think that bitcoin waits for the perspective future. Bitcoin - the very first coin and it will long exist

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March 06, 2018, 04:36:16 PM
 #94

In such things there is always a share of risk and exclude that we can not lose everything, but to be honest it looks like something fantastic
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March 06, 2018, 05:02:16 PM
 #95

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.

This is the greatest fear of anyone, who has enough coins in his wallet. The more Bitcoins you have, the larger is this fear. I believe that BTC will not crash.
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March 06, 2018, 09:26:09 PM
Last edit: March 06, 2018, 09:50:00 PM by Fedor07
 #96

Well , like we all know  ,  everything  has  an end   so that means that bitcoin will surely crash someday but i don't think its going to happen very soon because bitcoin is used by milllions of people worldwide and it is hard to think that it could instantly crash. The only way this could happen is if governments or banks would decide to end all this thing with bitcoin and cryptocurrencies. I think they are the only ones that can make bitcoin crash, if they want that of course.
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March 06, 2018, 09:36:19 PM
 #97

Personally yes, because afterl all this is our investment that no matter what happen we don’t want to lose as much as possible. I am very positive for the future of bitcoin and I know it will survive all the challenges that may come, so bettet to hold tightly.
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March 07, 2018, 01:13:42 AM
 #98

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.
There is not a real reason to be afraid after all the price crashed recently and while many people hat bought at an higher price lost money the price eventually recovered and even if there are still people holding their coins that bought at an higher price than the current one we know bitcoin has a great change to reach a price close to its all time high in this year so they will recover their money and maybe even get profits.
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March 07, 2018, 03:32:35 AM
 #99

Personally yes, because afterl all this is our investment that no matter what happen we don’t want to lose as much as possible. I am very positive for the future of bitcoin and I know it will survive all the challenges that may come, so bettet to hold tightly.
We feel of being fear for all of our investment because we think of it might crash or totally dead. But as we sees the feedback from other users, we tends to be positive. We should be positive because this crypto is in demand and not will totally crash in an instant way. Yes as of this year bitcoin is rapidly growing and continues to be existing.
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March 07, 2018, 04:46:49 AM
 #100

I have no fear in that may happened to Bitcoin. What I really see and read about the bitcoin, its very powerful and stable and no other could stop it. 
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