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Author Topic: Do You Have Any Fear Bitcoin Might Crash Someday.  (Read 746 times)
boranes
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March 24, 2018, 08:50:45 PM
 #201

I thought bitcoin has crashed, but it is funny when someone don't see 60% drop as a crash.
Always the same question and always the same answers, it can crash, it can't crash, it will crash, it won't crash, we will see new ath, it will go to $100K, it will go back to $5K, to $1K   Cheesy
Chose answer which suits you best  Roll Eyes
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darewaller
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March 25, 2018, 02:43:09 PM
 #202

We cannot blame people if they think this way because we all know there's no assurance on this kind of market. Personally, I have my fear in but since I believe on this technology I forget about it. Fear will make you feel weak but you have to overcome it and enjoy greater profit in the future.
Let us blame them for thinking that way because if they understand what they are getting into before getting into it at all, then they will not even bother about anything to the point of even thinking a crash could happen. Sure, none of us can make any solid prediction and we are not clairvoyants to know what is coming, but in the long run, we are just hoping and expectant that things would end up working right and it is always better to leave it that way.

I thought bitcoin has crashed, but it is funny when someone don't see 60% drop as a crash.
It is not funny if you see this way : The reasonable average price for bitcoin by end of 2017 may be $10k and anything beyond that prices must be "bubble". So, the downfall from $19,800 to current level was an expected one and we may not term it "crash".

winterland
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March 25, 2018, 05:49:04 PM
 #203

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.

Nokia is a completely different thing from bitcoin and nokia have not updated their mobile phones' technology over the years until it became obsolete because of new OS being introduced in the market in the likes of Android and iOS.

On bitcoin's side, crashes are just normal and bitcoin is already immune about that and despite of it, people's trust and demand still continues.
I agree with this, people are trying to make it seem as if bitcoin is an old technology because it is the oldest coin out there what they do not understand is that the coin is being updated regularly so bitcoin is not an old coin at all it is still a very new coin with new developments with new characteristics being released whenever to developers are comfortable with releasing new software to the public.
bering
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March 25, 2018, 06:22:06 PM
 #204

although bitcoin are getting more popular and the demand also increasing for each day but nobody can ensure bitcoin will last long and always be valuable and the biggest fear from bitcoin users is their bitcoin are being to worthless because crash happened someday so i won't deny that i fear crash happened
andrei56
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March 26, 2018, 07:39:06 PM
 #205

I'll admit, i'm also afraid of the collapse of bitcoin, but i still trust the ability of it. Due to the continued growth of population of bitcoin users, it can be so hard for some governments to break down cryptocurrency specially on bitcoin, because it's really useful to everyone and beside, bitcoin it self is really a good investment plan and it might give a more comfortable and a decent life for those who owned it.
If you take the time to look at bitcoin you will understand that there is no way this coin is going to fail, satoshi was a genius he created on his first try the most perfect currency that has ever been created, if bitcoin collapses then I do not see any other coin surviving and I'm not talking only about cryptocurrencies but even fiat as well, after all fiat is not backed by anything and it is not scarce.
Omega Weapon
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March 31, 2018, 03:27:09 AM
 #206

I'll call it a slight fear because my belief is more than what should i fear. But as i look at the history of bitcoin since it was launched, there are already countless times when bitcoin encounters a crash and bitcoin was able to survive them all.
In a way there is nothing to fear if you look at the price movements of bitcoin since its birth there have been multiple crashes in the history and yet after each one of those crashes no matter how big they are bitcoin is able to recover and a lot more than that, it's able to surpass its previous price, so when you begin to think about it there is not really a reason to be worried about any price crash.
futuret
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March 31, 2018, 09:20:52 PM
 #207

I'll call it a slight fear because my belief is more than what should i fear. But as i look at the history of bitcoin since it was launched, there are already countless times when bitcoin encounters a crash and bitcoin was able to survive them all.
In a way there is nothing to fear if you look at the price movements of bitcoin since its birth there have been multiple crashes in the history and yet after each one of those crashes no matter how big they are bitcoin is able to recover and a lot more than that, it's able to surpass its previous price, so when you begin to think about it there is not really a reason to be worried about any price crash.
We need to build over trust into bitcoin and keep supporting it under all types of circumstances. This is just what bitcoin demands from us and only with our support it is going to beat the hard market crashes and situations. So keep the head high if you are a bitcoiner with a pride that your coin is able to survive under all types of circumstances. Earn as many bitcoin as you can at the moment because you might not get this chance again soon.
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April 03, 2018, 12:07:27 PM
 #208

I'll call it a slight fear because my belief is more than what should i fear. But as i look at the history of bitcoin since it was launched, there are already countless times when bitcoin encounters a crash and bitcoin was able to survive them all.
In a way there is nothing to fear if you look at the price movements of bitcoin since its birth there have been multiple crashes in the history and yet after each one of those crashes no matter how big they are bitcoin is able to recover and a lot more than that, it's able to surpass its previous price, so when you begin to think about it there is not really a reason to be worried about any price crash.
We need to build over trust into bitcoin and keep supporting it under all types of circumstances. This is just what bitcoin demands from us and only with our support it is going to beat the hard market crashes and situations. So keep the head high if you are a bitcoiner with a pride that your coin is able to survive under all types of circumstances. Earn as many bitcoin as you can at the moment because you might not get this chance again soon.

There's always that feeling of uncertainty though no matter how we trust btc because nobody can really know for sure. I share thr sentiment of most of us here in believing that btc will change my life but at the same time, i'm making sure that i won't end up with nothing if all goes down

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April 03, 2018, 07:56:56 PM
 #209

the fear of this is always present wherever we invest, but bitcoin proved that he can survive the fall and get up, so I'm sure of it

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