Is the Bitcoin market going to collapse?

[pinoyden]

The creation of bitcoin was not for some time. Satoshi Nakamoto knows that the future is of cryptocurrency and so he designed bitcoin, and now hundreds of thousands of people are investing their money in bitcoin because they also realized that bitcoin will be the mainstream in the future and all other currencies will disappear from the market.

The creation of bitcoin was not for some time.

Do you mean that bitcoin will not stay forever? No i dont think it will end instantly becauase bitcoin is too useful to be forgoten by people. It is useful in so many ways , not just for a stand alone currency but as an asset also.

Satoshi Nakamoto knows that the future is of cryptocurrency and so he designed bitcoin,

i dont think that satoshi nakamoto predicted that the future of bitcoin will become bright becauase he is just only a normal person and he cannot foreseen or predict the future.

and now hundreds of thousands of people are investing their money in bitcoin because they also realized that bitcoin will be the mainstream in the future

People only invest in bitcoin becauae they know that bitcoin is profitable and to useful but they didnt also realized that bitcoin will became the mainstream currency on the future.

[davit putra]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

Too fast to mention the bitcoin market is about to collapse, bitcoin is very strong and it is unlikely that bitcoin will collapse quickly. It's just negative thinking that is too panicky with the situation.

[maydna]

I don't think that the market will go to collapse although the price it goes down too far. I realize that this day, the price is down and maybe some of us thinking that the bitcoin price will go down for more. we still don't know what will happen later but I am sure that we can pass this conditions soon after this correction that makes many people become panic. and I hope that this year, this is the deepest of the bitcoin price that we face it and after this, the price will bounce up to the higher price.

[morex0123]

The creation of bitcoin was not for some time. Satoshi Nakamoto knows that the future is of cryptocurrency and so he designed bitcoin, and now hundreds of thousands of people are investing their money in bitcoin because they also realized that bitcoin will be the mainstream in the future and all other currencies will disappear from the market.

The creation of bitcoin was not for some time.

Do you mean that bitcoin will not stay forever? No i dont think it will end instantly becauase bitcoin is too useful to be forgoten by people. It is useful in so many ways , not just for a stand alone currency but as an asset also.

Satoshi Nakamoto knows that the future is of cryptocurrency and so he designed bitcoin,

i dont think that satoshi nakamoto predicted that the future of bitcoin will become bright becauase he is just only a normal person and he cannot foreseen or predict the future.

and now hundreds of thousands of people are investing their money in bitcoin because they also realized that bitcoin will be the mainstream in the future

People only invest in bitcoin becauae they know that bitcoin is profitable and to useful but they didnt also realized that bitcoin will became the mainstream currency on the future.

I don't think bitcoin would collapse. Though it is currently in downtrend, but I strongly believe it can easily recover soon. We'll just wait and see.

[winterland]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

Do you understand that the market of gold is one of the biggest around the world, if bitcoin becomes big enough to rival gold I would consider that a huge success, also if the market of bitcoin becomes so big that means that the market of any coin trying to surpassing it will need to be even bigger, something I do not know if it is possible in your scenario.

[arorts]

Over time you learn that bitcoin is still in infant, hyper-growth stage. You can see that Bitcoin is getting stronger so price will have to catch up. It always does. Your charts are making you hysterical ;-)  You just need to zoom out to see more clearly. You are still dealing with a super trendy top technology so you have to learn to filter out the short term noise.

Wall st is trying to dilute the conversation with altcoins and ICOs but bitcoin will successfully emerge as the top store of value coin and the world will then start to embrace it mainstream. If you want to help out promoting btc, you have to stop talking abt altcoins and focus the discussion on btc. That's my takeaway. Institutions are heavily accumulating btc and  are investing in the technology if you haven't noticed. That's your best long-tern guidance of where btc is headed.
 

[KorakPawon]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

No the market is not going to drop because of the coming of other coins but it is because of the bad news from some countries the price of bitcoin dropped, Which is now going to recover slowly.
It will recover much higher especially in this month because of Football world cup 2018 as the crypto is going to use as a main currency in that world cup and people from everywhere will know about that and will invest in that coin.

do not worry and do not panic because the financial market conditions are like this maybe if you new players you will feel worried over the price decline when this is a very reasonable thing later also the market will improve we just keep watching how the development while making new strategies for the future.

[coinplus]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

No the market is not going to drop because of the coming of other coins but it is because of the bad news from some countries the price of bitcoin dropped, Which is now going to recover slowly.
It will recover much higher especially in this month because of Football world cup 2018 as the crypto is going to use as a main currency in that world cup and people from everywhere will know about that and will invest in that coin.

do not worry and do not panic because the financial market conditions are like this maybe if you new players you will feel worried over the price decline when this is a very reasonable thing later also the market will improve we just keep watching how the development while making new strategies for the future.

I would not also be panic much as well with the way things are going with the market. A lot of traders expect a huge break out below $6200 which would be a speedy move downwards and that is not a possibility as things are going, and no one right now with the volume in the market and the false breakouts will even want to be taking any major risk. I guess we have a lot of days to see how things would end up going.

With some technical analysis, I am predicting market to take a U turn from here as $6600/$6400 levels are too strong support levels, you can check lots of buyers there in most of major exchanges. If you consider price levels under $10k a collapse then bitcoin market already got collapsed. If below $5k is a collapse then that will never going to happen. 

[EnricoGomez]

It will have to take something too crazy or too wild for bitcoin to just collapse, a quite big number of people use it and as long as it is used for transactions, it will continue to survive.
You cannot really compare bitcoin to gold and I am pretty sure that bitcoin will continue to be a forerunner on cryptocurrencies while eth seconds as a lot of coins that just pop up are just frauds and heavily manipulated.

[bitcoin31]

Collapsing means the price is very cheap and few people are only are still investing in bitcoin and many people are leave bitcoin and sell their bitcoin. But until now bitcoin is still alive and more stronger to all cryptocurrency.  I think it is good to buy more bitcoin instead of saying to collapsing.

[weblouartisan]

Collapsing means the price is very cheap and few people are only are still investing in bitcoin and many people are leave bitcoin and sell their bitcoin. But until now bitcoin is still alive and more stronger to all cryptocurrency.  I think it is good to buy more bitcoin instead of saying to collapsing.

It will not collapse obviously, there will be a lot of people who will be interested on cryptocurrency because there are a lot of icos today who are starting their business and because of that, we can always rely on cryptocurrency that it was very profitable.

[marcous]

The market today is turbulent but that doesn't mean bitcoin will collapse. precisely, this moment will be used to invest both bitcoin and altcoin. just waiting for time to go breakout.

[etron]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

we must remain optimistic and do not be pessimistic that this bitcoin will never collapse in fact until now there are still many users who are hunting bitcoin through mining, And I think that other coins can be said as a maid to make a profit because when bitcoin is bleeding, and we also trade in other coins.

[Inkdatar]

The market today is turbulent but that doesn't mean bitcoin will collapse. precisely, this moment will be used to invest both bitcoin and altcoin. just waiting for time to go breakout.

Price struggling in bitcoin as always be but will not collapse. Everytime the price goes down people tends to say bitcoin will die nor going to collapse. Yes the moment to buy cryptocurrency that we may hold rather than selling.

[darewaller]

It will have to take something too crazy or too wild for bitcoin to just collapse, a quite big number of people use it and as long as it is used for transactions, it will continue to survive.
You cannot really compare bitcoin to gold and I am pretty sure that bitcoin will continue to be a forerunner on cryptocurrencies while eth seconds as a lot of coins that just pop up are just frauds and heavily manipulated.

Something totally beyond imagination to see everyone trying to dump the coins they have and in that case, who is going to be collecting the dumps, and bag holding ? Those are selling right now with the expectation of upcoming collapse might end up with big disappointments for sure and who are all making use of these dips to buy more, will become millionaires in coming days.

I do not see any reason for bitcoin to collapse anyway, it is a market, which is evolving and increasing in growth and development, with a lot of people seeing the real value it creates and a means for storing value as well. All these things would be a reason why the sky is the limit for bitcoin.

[Bonsaiav]

Unethical if bitcoin's said to collapse because the prospect of bitcoin will continue to be promising and tantalizing, as has been the case in previous years, to date there are still many whales and entrepreneurs, who own and hodl large amounts of BTC. Therefore I definitely believe that bitcoin prices will increase again this year.

[bitllionaire]

The market today is turbulent but that doesn't mean bitcoin will collapse. precisely, this moment will be used to invest both bitcoin and altcoin. just waiting for time to go breakout.

Bitcoin price is already trading very stable, although there are a lot of bad news in the market but still it is getting a very good support from the people, i think that if they will continue giving support to bitcoin it is expected to see the price increasing very soon, because still bitcoin price has too much potential to increase its price .

[Fasunathan]

It will have to take something too crazy or too wild for bitcoin to just collapse, a quite big number of people use it and as long as it is used for transactions, it will continue to survive.
You cannot really compare bitcoin to gold and I am pretty sure that bitcoin will continue to be a forerunner on cryptocurrencies while eth seconds as a lot of coins that just pop up are just frauds and heavily manipulated.

I think the negative speculations did some worst outbreak with the current price. We have no control over the current situation but for now, the right idea for your holdings is to wait for the right time when value will become profitable. Never lose hope and panic because it may add up the chaos same as what happened recently.

[hamdun]

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

Bitcoin can survive and will not collapse so easily, bitcoin will be able to rise at a better price, and remain in its popularity to be the main crypto coin.

[wuvdoll]

Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.

Well, they only see exactly what they want to see and I do not know why someone would think of a collapse when indeed we are just in a bear trend. A lot of people are the main reason why they panic and they do not even need FUD news for that. If we are to count the number of times since the beginning that stuffs like these have been mentioned though, we would not stop counting.

We can go lower than this and there is no doubt, but we can bounce from anywhere at any point in time and that is the reality. Instead of worrying about the collapse, we must work on how to make use of the market to buy more. Collapse may occur but it will bounce back very sharply for sure. If we are not aware of that then may miss a very big opportunity of our life time.