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Author Topic: BTC will not perish  (Read 813 times)
Cosbycoin
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June 27, 2018, 12:42:08 PM
 #41

Too much money in it too just go down like that, technology and the network is too solid imho.
We could see another drop, but I think in a few months things might look a little different again.
Beautifully quoted. We are still in a phase of uncertainty and have had a drop last day which is somehow harmful for certain investors who have been in the market for not too long and often withdraw and incur loss. But as we have been hearing a lot about the possible boom in the same year, we might witness it as well and that will be the time which will enable you to earn big. So it indirectly says that we are still hopeful and BTC will not perish.
aoihs00
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June 27, 2018, 12:48:23 PM
 #42

Well we may try to find some solid reasons to put bitcoin in hard and harsh conditions but I am sure that bitcoin will not perish at all. The bitcoin is one of its kind and people are here to try it out. World knows about it but hardly 10% or may be lesser than that have tried it and have staked their money into it. If bitcoin was that easy on the things then lets face it, it would have already be gone after so much trouble coming from the government side. I think this is the way to think about its solitude and make sure that BTC aint going anywhere real soon.
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June 27, 2018, 12:51:23 PM
 #43

I am not sure about the stability of the bitcoin but I am sure that it will dominate the market one more time with high % of 65% plus as it did last year. The current market itself is shrinking a lot due to dropped prices and hacks being done around the world. This is why its dominance almost halved after the last year surge and what we seeing is the natural and artificial dump mixture of the bitcoin. Bitcoin's dominance is always higher and is maintained today also but we need to see it go above 60% or so that we can say that it has obtained that stability which you talking about here.

I agree, but I also think market dominance is only one small indicator, and highly inaccurate anyway. Market capitalization has always and will always be a terrible way to measure crypto. It's usage that is the factor for deciding dominance, but it's hard to really track that unless you can analyze blockchains and determine which transactions are for people actually using it (and not just trading it).

As much as I like Bitcoin, of course I must say it will perish one day. Maybe not the way we think, maybe it will evolve. But the good news is, this won't happen when any of us are alive:)

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Chachen19
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June 27, 2018, 12:58:02 PM
 #44

Bitcoins will not break like crackers or rust ... They are based on the digital technology of the information they are stored in electronic wallets and trades based on the software they are not damaged as we use it. Paper money..
jmigdlc99
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June 27, 2018, 01:04:18 PM
 #45

Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?

I do believe that Bitcoin is already too big to fail.

But it will not fail just because it is already too big. It will not fail because it is has great potential to change the world and that in itself has value. As bitcoin adoption grows, it's value should as well. Pretty soon all these problems with hacks and FUD will end and there will be nowhere for bitcoin to go but UP.

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June 27, 2018, 01:19:06 PM
 #46

I hope it doesn't, but the government might hijack it and use th e technology behind it
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June 27, 2018, 01:26:08 PM
 #47

Absolute stability = Centralization.
You can’t get zero stability without central, either balance that means price stability, the price of Bitcoin now stable/fixed compared to last year's volatility.
Over the last six months, the price has changed within the $ 3000 framework, which is much lower than last year as the price moved in two weeks or less.
Regarding bitcoin's resilient to perish, as long as there is support/demand, it will live.

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celakkenyang
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June 27, 2018, 01:29:49 PM
 #48

Yes I believe the market will recover. market conditions in this month are so bad that the price of crypto has decreased. at times like this I buy a lot of crypto and hold it until next year.
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June 27, 2018, 01:57:04 PM
 #49

Yes, I think even if we would not use such high peak again, anyway the Bitcoin would not be dead completely, if it will become something more than just an investment source...

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sandisunny
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June 27, 2018, 02:09:50 PM
 #50

Of course bitcoin will not perish, not now or anytime soon. BTC has really gained momentum in  the crytomarket and its also some sort of investment. Most people i know prefer to invest in bitcoin other than putting their money in bank, the profits on bitcoin outweighs the one on fiat money and that makes it to stand out. BTC will not perish at least not now.
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June 27, 2018, 02:11:16 PM
 #51

Yes, I think even if we would not use such high peak again, anyway the Bitcoin would not be dead completely, if it will become something more than just an investment source...

Bitcoin is an investment and it will never be perish through people are still interested to invest in bitcoin and they know that the bitcoin have a great value on all altcoins. The investors are contributing the fluctuation of the bitcoin price through invest and selling bitcoin. I believe that the bitcoin will last for our source of income and the sulotion of our financial problems and there's no reason bitcoin will perish.
Shenzou
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June 27, 2018, 02:19:16 PM
 #52

Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
Bitcoin has already established a strong foothold in this market a long time ago by being the first cryptocurrency that was created and used, and its popularity its limited supply and its high popularity makes it the only cryptocurrency that will never die, similar to how the gold works nowadays, people used to use it for trades and as a currency, but after being replaced by fiat it is still considered one of the most popular way to invest and store money.
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June 27, 2018, 02:46:55 PM
 #53

Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
Bitcoin will not be destroyed even if the price is very cheap and fluctuating, because bitcoin will always be profitable and still be an option for good investment .. bitcoin is getting popular under any circumstances because they are confident that one day the price will rise again ..
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June 27, 2018, 02:50:29 PM
 #54

I agree with your statement. Bitcoin will not perish easily even though it's volatile. sooner or later it will be legalized in all Countries and it will be taught to all Schools. Large Companies will acknowledge and use Bitcoin and many people will Invest and get involved in Bitcoin.

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June 27, 2018, 02:54:29 PM
 #55

I wonder why people are keep being doubtful in bitcoin. Sometimes I am thinking that such thoughts is just a demand to pump bitcoin but whether no one will going to pump bitcoin will always recover from dip, it may just time.
sandisunny
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June 27, 2018, 03:10:26 PM
 #56

Of course bitcoin will not perish, not now or anytime soon. BTC has really gained momentum in  the crytomarket and its also some sort of investment. Most people i know prefer to invest in bitcoin other than putting their money in bank, the profits on bitcoin outweighs the one on fiat money and that makes it to stand out. BTC will not perish at least not now.
JerryJam
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June 27, 2018, 03:35:46 PM
 #57

I do not think that bitcoin can die, although it is still at the initial stage of development, but it has great potential and opportunities. The number of bitcoin coins is limited and the price of coins will increase with decreasing number. Perhaps in the distant future bitcoin will give life to other cryptocurrencies. Or based on it will create brand new coin time will tell.

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June 27, 2018, 03:37:45 PM
 #58

It will be a very difficult situation for bitcoin to perish irrespective of the current price situation which is normal for any market. Bitcoin will continue to grow from stage to stage and acceptable all over the world. Bitcoin importance can not be over emphasized and that alone will make bitcoin to remain till the end of the earth.

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June 27, 2018, 03:39:20 PM
 #59

I believe that bitcoin will not perish but I dont think it will stabilize. Stability means remain unchanged or to steady and as we all know, bitcoin price is unpredictable and it goes up and/or down everytime.
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June 27, 2018, 04:15:01 PM
 #60

Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
yes it is true that bitcoin is the most formidable, and I firmly believe that bitcoin will return to $ 20,000 even more because many experts say so with their predictions.
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