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Author Topic: What is the Worst Case Scenario for Bitcoin?  (Read 919 times)
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August 03, 2018, 03:44:07 PM
 #1

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

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August 03, 2018, 03:51:22 PM
 #2

A sort of worst case scenario(or at least a bad scenario) for bitcoin would be something like a 51% attack. Bitcoin doesn't care about price. People will be able to use bitcoin as long as we have miners even if one whole bitcoin goes down to $1 in price.

Though a low price would be really really bad PR-wise.

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August 03, 2018, 03:52:55 PM
 #3

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

it would be if the people worldwide will start considering bitcoin not as money but as scam and joke.

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August 03, 2018, 03:58:56 PM
 #4

If we consider the price, the worst case is that price decreases to zero. But I don't care only about the price. In my opinion the worst case is becoming centralized and controlled by the governments.
( I don't think it's easy for the governments, But it's the worst case.)
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August 03, 2018, 04:02:03 PM
 #5

At 1000$, miner rewards will go up because a lot if people will shut down their machines when the profits drop off, hopefully bringing down network difficulty.

A lot if people will begin to fill bags driving price up again for a while.

The network itself will just see transactions containing full btc, not tenths or hundredths.  The community itself will shrink.

I don't see this as likely but there will be fluctuations in pricing for the entire existence if BTC and the network and community will adapt.


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August 03, 2018, 04:04:00 PM
 #6

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

If bitcoin drops $ 1000, many people feel disappointed and get out of bitcoin because they will think bitcoin is dead, so they will sell in panic.

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August 03, 2018, 04:08:10 PM
 #7

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
This is probably the worst scenario. Because of the large percentage of its price will be dropped. Thus, it can be recorded in the history of bitcoin and this might cause to lose interest other investors to invest more in bitcoin again because clearly it is controlled by the whales called crypto currency market. And of course it does not happen because it will have a huge impact on the market.

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August 03, 2018, 04:19:27 PM
 #8

The price of a Bitcoin has little to do with how we use its underlying technology called blockchain. https://charts.bitcoin.com/ - We can see from these charts that the price of bitcoin has been very volatile. Even if the price of bitcoin goes to zero, the technology that powers it won't be affected. The worst case scenario for it would be if someone found a way to control 51% of its blockchain as that would result in them controlling all the aspects of the blockchain and make any changes that they wished to the incorruptible ledgers.
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August 03, 2018, 04:24:44 PM
 #9

Its outlawed and worldwide recognized as illegal = it will be worth zero$
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August 03, 2018, 04:25:32 PM
 #10

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
If this happen many people being hospitalized because of frustration of their loose in their investment and they will sell immediately their holdings this what we called the panic seller the weak hands that can't hold their coin no matter what happen in their holdings and it will be the worst scenario in the history.
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August 03, 2018, 04:28:21 PM
 #11

Yes, $1k would cause blood on the streets but I wouldn't panic if Bitcoin reaches that price level, as Bitcoin is volatile by nature and it is expected that Bitcoin will bottom at $3k price range, so I wouldn't call $1k too faraway from it. Actually I'm looking forward to it as it would give me the opportunity to buy Bitcoin at such a low price.

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August 03, 2018, 04:31:41 PM
 #12

Worst case scenario is when bitcoin will be dead. But i think its not gonna happen. If the price falls to $1000 i think many of the holders will buy more coins and i think many of them will switch to altcoins.

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August 03, 2018, 04:32:54 PM
 #13

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Its not going to be the worse scenario for most of the big investors. They might buy all of what is being on sale on the exchanges. $100K will give them 100,000 BTC. Its the best scenario for them. Sure you wouldn't like it but they will celebrate for it. Will even toss a party the whole week thanking the community for being  generous.
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August 03, 2018, 04:46:53 PM
 #14

A lot of people thinks the system of the bitcoin is a scam that's why they afraid to invest in the bitcoin and other companies afraid to adapt the system of the bitcoin. Sometime the people is a scammer not the bitcoin they use it  to scam others and to earn money in the wrong way.
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August 03, 2018, 04:51:45 PM
 #15

The worst case scenario is if another coin comes along that surpasses Bitcoin as a digital currency form and Bitcoin becomes the MySpace to this new coin's Facebook.

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August 03, 2018, 04:55:20 PM
 #16

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

for bitcoin to reach the price of 1000 $ requires a fairly strong weld, if indeed there will be such a scenario the role of large capital holders is needed, because to drop bitcoin up to 1000 $ it might take a large dump maybe around 30% bitcoin of the total supply released on the market together, the second scenario might occur if there were big blows from some countries that did a rejection and bad punch , the third, the worst if everyone thinks bitcoin is useless then it's all over
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August 03, 2018, 06:29:50 PM
 #17

It can become a worst case if that $1000 drop really happen, And because most in the  community is very well known about the price of bitcoin they will not surely become something like this, But instead it will keep on moving forward, Because when the price reach the point of $1000 USD there will be many people will be pissed and would sure stop on supporting bitcoin, But in reality this kind of value right now is only be possible when bitcoin really is dying.
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August 03, 2018, 07:14:06 PM
 #18

I think the worst case scenario for Bitcoin is the new platform. If new platforms can make a lot of money, I'm sure 100% of Bitcoin investors will withdraw money and invest in new platforms. Hope this never comes true

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August 03, 2018, 07:16:33 PM
 #19

Worst case scenario is when bitcoin will be dead. But i think its not gonna happen. If the price falls to $1000 i think many of the holders will buy more coins and i think many of them will switch to altcoins.
Agree with your comments. I also think that if the price of Bitcoin drops, investors will switch to altcoin investments, but it is impossible to reduce Bitcoin prices to $ 1000. Bitcoin operators will never let this happen

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August 03, 2018, 07:30:15 PM
 #20

the worst case would be some political decisions which control bitcoin somehow , and as a result loss of faith by investors and a huge drop in the price followed by some more bad news and a FOMO which can bring us to ZERO !
i don't think that can ever happen even if governments try to  Tongue

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August 03, 2018, 07:35:48 PM
 #21

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
Even if the price drops to 2K this will be the end of Bitcoin, because he is now on trust.
End Bitcoin - the end of the cryptocurrency market or a very big crisis. Sad
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August 03, 2018, 08:07:28 PM
 #22

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?


I think if that happens it will indeed be the end of bitcoin because in my opinion if it's a scenario then it's not the price that is problematic but banning everywhere for a reason and if it has been well done and then banned it can be opened
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August 03, 2018, 09:07:24 PM
 #23

its when the us dollar disappears and you become nothing but one of million cryptosects, trying to figure out wich form of money does work for getting money earning cattle to do something for you

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August 04, 2018, 03:08:47 AM
 #24

I think the worst case scenario for bitcoin is the new platform.I m not sure but i hope 100of people investors will withdraw money and invest in new platforms.Hope this never comes true.
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August 04, 2018, 05:31:23 AM
 #25

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

why are you afraid that 2018 is the worst scenario? have you not read the history of the bitcoin movement in 2013 to 2014? I just want to say, that bitcoin is still positive. this year is a witness that bitcoin is still alive when many countries try to ban bitcoin through central bank regulations and hacking cases that occur in exchange. I thought, you should see this video : $BTC 2014 vs 2018 #bitcoin chart comparison

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August 04, 2018, 09:41:05 AM
 #26

Worst Case Scenario is only about the value going down to a disappointing level. But still, optimists can take that opportunity to accumulate more at a bargain.  Cheesy

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August 04, 2018, 09:50:10 AM
 #27

Satoshi erase bitcoin and everybody will lose all the bitcoin their have, i think it's a worst case scenario for bitcoin.
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August 04, 2018, 10:04:33 AM
 #28

What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
It is relative. Someone who bought at a much higher price would be mentally traumatized however, for someone new to this space, buying in at this price is the best case scenario for them. Personally, after being in this space for a short amount of time, I would be delighted if bitcoin could revisit those price levels, that is below 1000$ or less.
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August 04, 2018, 10:08:39 AM
 #29

This is a known fact if the price goes up it will surely go down.
if this statement were true then price of nothing could have ever gone up. in which case we never had any inflation! talking of assets then price of none of them (like gold, stocks,...) should have ever stayed up.

you are misquoting this!
- when price goes up it usually needs a correction. a correction is a much smaller drop compared to the rise.
- when price goes up fake (like an altcoin pump) then it must come back down which is the case in altcoin market these days.

Quote
What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
nothing, i will wake up and see price is $10k and i have been dreaming Cheesy

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August 04, 2018, 10:22:42 AM
 #30

 The thing is that there are so many HODLers now that if it dropped dramatically, we'd all swoop and increase the demand again.
 Government regulation is probably the only worst case scenario I'm worried about long term. And I hope that's not an issue under a republican administration, they're usually a bit more restrained in expanding government regulation to new territories.
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August 04, 2018, 10:24:06 AM
 #31

The worst case scenario for BTC already happened in my opinion, having the whole world attention when reached ATH 20k then fall back that much was a huge downside for BTC . I know that is not new to BTC but from NOV 2017 to FEB 2018 a lot of people from outside crypto space was watching Bitcoin closely  in a way that never happened before . Anyone that was attacking BTC is now have a proof to backup his claim about BTC ( whatever it was ) . But anyway I think BTC is already recovering from what happened , recovering does not have to mean recovering in price .
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August 04, 2018, 10:27:50 AM
 #32

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

At least if Bitcoin prices dropped until $1000 Bitcoins will still alive and can raise agaian
Obviously worst scenario for Bitcoin is no one use this crypto currency again.
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August 04, 2018, 10:29:20 AM
 #33

Well, the worst case scenario that might happen in the community of the Bitcoin is not just the keep of its downfall in the market price but also if no more people will engage in using this crypto currency. But I do not think that this will happen because Bitcoin all over other crypto currencies is the King of all that affects other crypto currencies too.
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August 04, 2018, 10:38:49 AM
 #34

When will you guys get the message? Banks don't want anything to do with Bitcoin or other cryptocurrencies. Have you noticed that almost all of them are blocking crypto transactions via credit card? That's not adoption - it's the exact opposite of adoption.
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August 04, 2018, 12:49:02 PM
 #35

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Well though it would be disastrous for btc to go that low at this point in time, btc may still recover after that so that's probably not the worst that can happen. A lot of things can actually be a lot worse. Like hackers finding ways somehow to get into wallets and compromising them. Or governments entirely banning all crypto. Unlikely to happen but difinitely would make this market crash.

 
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August 04, 2018, 05:39:01 PM
 #36

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
Probably one of the worst decisions would be to ban cryptocurrency worldwidely, or if people would just lose all the interest for it and the price will be coming to 0. I think both of those options are possible.

                   
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August 04, 2018, 05:54:03 PM
 #37

Worst case scenario for Bitcoin:

51 percent attack given that Bitmain holds the main mining consortiums.

An improbable scenario, more sci-fi, would be quantum cryptographic cracking of the Bitcoin system. But, would that, for instance, 'kidnap' Satoshi's first million coins, and transfer them indistinguishably to hidden wallets?!

In terms of the importance of continued mining for the vitality of the blockchain, Governments imposing a "Carbon Tax" on "environmentally polluting" mining activity; or totally banning mining like they banned ChloroFluoroCarbons (CFCs) because they caused the Ozone Hole that caused increases in skin cancer across the world. Some such excuse is readily available today, what with rampant climate change, and the like.

Worst case scenario for hodlers of Bitcoin:

Government levies tax on the mere possession of Bitcoin, and uses peak end-2017 20k valuation as the basis for taxation, regardless of when the holding actually took place.

But wait, the worst is yet to come!  How about that tax being a penal three hundred percent?!!

 
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August 04, 2018, 10:46:17 PM
 #38

The worst case scenario is when miners lose interest in mining bitcoin and we become vulnerable to  51% attack. Even if the price is high if there is no miners to protect the integrity of the blockchain, our  bitcoins will be useless. Price is just a reflection of how great the blockchain technology is. Even if the price falls but the technology is intact, it can recover.
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August 04, 2018, 11:13:34 PM
 #39

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
The worst case scenario for Bitcoin? That's a really tough answer to give, as there are several determining factors that could easily spell the end for any crypto currencies. Here are a few that I can think of off of the top of my head.

1. Regulation: To many regulations can really hinder the blockchains innovation, severely crippling progress for growth, both economically and socially.
2. Tax: The governments can easily kill crypto simply by taxing it to death. No one would bother with using a useless medium as an investment vehicle.
3. Adoption: Bitcoin and other cryptos simply take a back seat, as a new medium that's backed by a central authority, one that the common man will trust. Unless crypto becomes easier to use, people will use something else, following the path of least resistance (mediums with simpler interfaces).

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August 04, 2018, 11:16:56 PM
 #40

it's true that bitcoin is a scenario, and with that price scenario or price bubble many people experience profits and losses in trading, and if bitcoin goes down to $ 1,000, it's the worst scenario.
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August 04, 2018, 11:25:21 PM
 #41

A lot of people thinks the system of the bitcoin is a scam that's why they afraid to invest in the bitcoin and other companies afraid to adapt the system of the bitcoin. Sometime the people is a scammer not the bitcoin they use it  to scam others and to earn money in the wrong way.

I agree.Bitcoin is not a scam but it's the people who are doing scam activity for them to earn money in illegal way.Inveators should be vigilant now a days.The worst case scenario ob Bitcoin is when the price will dropped into $1000.
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August 05, 2018, 02:29:47 PM
 #42

Worst of all, Bitcoin can not keep up with 2017, Bitcoin is not just keeping its market price down but also if more people are involved in using it.
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August 05, 2018, 03:06:20 PM
 #43

I can't imagine if that happens, if bitcoin falls 100 $ bitcoin holders will panic and will sell it. all altcoins will fall, and many investors will withdraw their capital from the market exchange.

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August 05, 2018, 03:26:44 PM
 #44

BTC prices fell to $2000, the likelihood is the worst situation, should be now in the waves of the principle of wave B, if continue to fall, the possibility of a $2000 still has a lot of, so temporarily or judge BTC prices will continue to fall, if continue to fall, $2000 should be a good purchase price, so you just need to slowly waiting for

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August 06, 2018, 06:32:23 AM
 #45

The worst scenario of BTC might be not considering it as the decentralized money system. If BTC is being centralized by any means, people will lose faith and interest which they have for now. BTC is the king of crypto space, losing this crown would be the worst of the worst BTC had ever experienced.
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August 06, 2018, 06:39:35 AM
 #46

The worst scenario of BTC might be not considering it as the decentralized money system. If BTC is being centralized by any means, people will lose faith and interest which they have for now. BTC is the king of crypto space, losing this crown would be the worst of the worst BTC had ever experienced.
Well, im not believe in that. The worst scenario of BTC is what is happenning right now. It is experiencing downfall and it is not good for holders.

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August 06, 2018, 06:54:07 AM
 #47

Worst case scenario is in progress ever since they forked Bitcoin and called their alt coin Bitcoin cash, that's one of the scenarios

Though, another worst case scenario would be like they start buying and buying to pump the price up and then move their money

Into Bitcoin cash to say that Bitcoin wasn't good enough, now we've decided that Bitcoin cash is better, they have done this already.
Some stupid people believed that BCH is good, they have invested their money but they were fooled by shills. another worst case

Scenario would be for some government to buy every single Bitcoin available for sale on the market just to centralize the market.

They have done this as well. some of the other worst case scenarios is the fact that no one can buy Bitcoin anonymously, they can

Just mine it without giving out their identity.
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August 06, 2018, 07:04:23 AM
 #48

I dont think there will be a worst case scenario for Bitcoin. Just take a look the number of marketcap of BTC compare 4yrs ago. We have a healthy price movement for Bitcoin so relax. Everything is just a consolidation.

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August 06, 2018, 07:08:35 AM
 #49

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

The worst case will be much more tragic than that. The worst case scenario is when the entire Bitcoin market will crash down and there will be no more recovery to look forward to. But why would you be thinking of the worst case scenario? The worst case scenario will not happen in the next hundred years so I would not be thinking about it. I would rather look for the perfect buying price for my next trade.

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August 06, 2018, 07:10:05 AM
 #50

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

it would be if the people worldwide will start considering bitcoin not as money but as scam and joke.
yes I really agree with this
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August 06, 2018, 07:15:00 AM
 #51

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

I don't think it can be consider the worst. I believe the worst case  scenario is the total shut down of bitcoin. I think as long as there are people who support and uses bitcoin, prices may vary and continue to fluctuate. If bitcoin does not atleast develop and advance the system, it may result for its downfall. Some problems might also include bitcoin's might stop spreading and be acknowledge worlwide. I guess things might fall sometimes but it will rise again. Lol
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August 06, 2018, 07:17:50 AM
 #52

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

The worst case will be much more tragic than that. The worst case scenario is when the entire Bitcoin market will crash down and there will be no more recovery to look forward to. But why would you be thinking of the worst case scenario? The worst case scenario will not happen in the next hundred years so I would not be thinking about it. I would rather look for the perfect buying price for my next trade.

all central markets cannot do much with very strict regulations from the government, if this scenario occurs and people can only trade in non-centralized markets, it will make prices fall very hard.

the fact is that every government starts to be actively involved in policies in the crypto central market in their country, there will be no worst case scenario if the potential for development with the interest of very high traders from around the world continues.
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August 06, 2018, 07:21:59 AM
 #53

Worst case would bet it totally get shut down. Not very realistic but if that was the case it would really be the worst case scenario!

Sooner or later you're going to realize, just as I did, that there's a difference between knowing the path and walking the path
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August 06, 2018, 07:41:27 AM
 #54

I think bitcoin death can occur if bitcoin has no value anymore, no one is interested in bitcoin, if bitcoin still has value, bitcoin cannot be called dead
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August 06, 2018, 09:32:22 AM
 #55

Even before to price $1000, was $5000 some people will got theirself on bad day because there are too much that entered bitcoin in the high price more than $6000. But the most bad thing that need to be paid attention in a country.

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August 06, 2018, 09:34:58 AM
 #56

I think the worst case scenario will be when bitcoin will be at 0$. I mean it will be like the death of bitcoin. Though i hope it won't going to happen.
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August 06, 2018, 09:38:23 AM
 #57

a friend of mine said not to be afraid in the face of the decline in the price of bitcoin, because according to him this is a four-year cycle where when the figure goes down considerably it will return to the moon.
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August 06, 2018, 09:43:42 AM
 #58

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
Yes that would be the worse scenario to happen for bitcoin and more or less investors that time are already pulling out their investment and then bitcoin will be left as half dead if it will still operate and if it will going to recover again it will not be the same as to what bitcoin nowadays that is so good and has a lot of good things to offer.

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August 06, 2018, 10:00:07 AM
 #59

I have a question, if one of the mining pool reaches 51% of the mining rate. What capability can they do from this?
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August 06, 2018, 11:05:46 AM
 #60

I think it's normal, not included in the worst case scenario. In terms of markets, the ups and downs of values and prices, including in terms of bitcoin itself. It could be that after experiencing a decline, the next day the price soared to 10,000 dollars. that is very possible.
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August 06, 2018, 11:11:11 AM
 #61

Just create patience, It's price will go up, after December 2018.
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August 06, 2018, 11:23:41 AM
 #62

I have a question, if one of the mining pool reaches 51% of the mining rate. What capability can they do from this?
How can you know that there's a risk with someone having 51% of the network control but not know about 51% attack? Read about it by clicking the link. I really wouldn't worry about it that much since it will require a lot of money to do the 51% attack and it will just ruin bitcoin's name. Hence, the price will go down and whatever bitcoin the attacker can accumulate from the attack will not be worth the amount of money that he needed to do the attack. Know that the attack is totally possible, but who will be crazy enough to spend money just to ruin something? The government, perhaps, but it will require tremendous resources which could have been used for other things.

The government using this attack to ruin bitcoin which belongs to the people can be a sign that the government and the people have separated and are in war with each other.

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
Yes that would be the worse scenario to happen for bitcoin and more or less investors that time are already pulling out their investment and then bitcoin will be left as half dead if it will still operate and if it will going to recover again it will not be the same as to what bitcoin nowadays that is so good and has a lot of good things to offer.
That's wrong because a price decrease so major has already happened.

Study the chart. Bitcoin went up to $1200 then went down to $600 really quickly, increased, then went down to $400, increased again, then the price went down to $200. Today, the price of $1200 of bitcoin is already a nightmare for all of us. Was it "never be the same"? Even to the people that have bought in $1200, today is still a good price. With the mentality that you have, I'd say that you're not a true bitcoin believer. Price can go low but know that mass adoption has to happen before the price can be stable, before we can actually say that a major price decrease means that bitcoin is dead and that people have already left it. At this point, even with a major price decrease, we will be able to recover because a lot of people hasn't joined the game yet unlike when mass adoption has already happened and most of our money is already in bitcoins.

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August 06, 2018, 01:54:33 PM
 #63

Till now I did not find out any worst case of bit coin. For me it’s very lucrative. I invest lot of money on bitcoin and I got huge amount of money back. I gtrust on it.
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August 06, 2018, 02:57:48 PM
 #64

The worst case scenario is not about the price of Bitcoin anymore, if people start to see it as a currency which is easily hackable and scammable then it should be called the worst case scenario. People losing trust on Bitcoin will eventuall make its price go down which can anywhere in the region of 1$-2000$.
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August 06, 2018, 03:09:31 PM
 #65

Worst case scenario is when bitcoin will be dead. But i think its not gonna happen. If the price falls to $1000 i think many of the holders will buy more coins and i think many of them will switch to altcoins.
Agree with your comments. I also think that if the price of Bitcoin drops, investors will switch to altcoin investments, but it is impossible to reduce Bitcoin prices to $ 1000. Bitcoin operators will never let this happen



Yes I agree with you also. Its become worst case if that $1000 drop really happen. And mostly the investors is know about the price of bitcoin , But instead it will keep on moving forward, Because when the price reach the point of $1000 USD people will be pissed and would sure stop on supporting bitcoin, But in reality this kind of value right now is only be possible when bitcoin really is dying.
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August 06, 2018, 03:12:55 PM
 #66

Every people have their own fear.
But if you ask me, I'm worried about bitcoin value but I'm pretty sure most people also afraid the same.
As we know bitcoin value still unpredictable until now but bitcoin also make you gain massive profit so the risk is worth to bear !
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August 06, 2018, 03:14:36 PM
 #67

In my opinion, the worst case scenario for bitcoin is that people loose faith in bitcoin and find something better, some new crypto leader.
In such case, most of btc user will loose a lot and will never recover financially.
Realistically, most of us here are because of profit, not idea so if bitcoin lost leadership position in the crypto, we all loose.

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August 06, 2018, 03:19:33 PM
 #68

I think worst scenario is flat for 4-5 years
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August 06, 2018, 03:29:21 PM
 #69

The price of the BTC fell to $4,000, probably the worst case scenario, and if the market had fallen below $4,000, the encryption market would have entered a real bear market.

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August 06, 2018, 03:30:49 PM
 #70

I am not sure about this scenario because if it is happen then many investors will suffer a lot also whole market will be suffer based on this but I don’t think it will happen I think this price will increase.
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August 06, 2018, 03:33:45 PM
 #71

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

If you are talking about worst case scenario regarding the price movement, of course it will be bloody to see the price falls to $1000.  But I'm sure that everyone will be happy to see bitcoin at that price, time to go bag holders again, accumulate bitcoin and hold. It will be history repeating itself again and now we become the new wave of early adopters. So technically, its possible, but I don't think that we can't bounce and see the price increased at a rapid phase once bitcoin plummeted to <$1000, IMHO.

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August 06, 2018, 03:49:27 PM
 #72

I don't think it will reach that super low price, I guess it will low a lil bit  but will not dump like that, I hear so many articles that bitcoin will soon rice again and reach its peak price before this year end.

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August 06, 2018, 03:54:28 PM
 #73

I think worst scenario is flat for 4-5 years
or attack51%
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August 06, 2018, 03:59:32 PM
 #74

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Indeed, what comes up will eventually come down.  It's the impact here that we wanted to stress out.  You see, though therotically, bitcon was to wage ware against current cash systems, it somehow ended up bidding up against the stock market.

Trying to prove its worth and showcasing its' valuable strength.  Yet, through out the lifespan of any economy that we came to see, Bitcoin is of a different blood.  Another means to showcase intelligence.

So i think, though the bearish months have been here, all of us can still look mildly relaxed at the incoming future of altcoins.
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August 06, 2018, 04:01:32 PM
 #75

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?



For me, worst case scenario for Bitcoin is that rapid downfall of its price. If its rapid downfall will take too long it will be alarming for Bitcoin buyers and sellers. Also it would be worst case scenario if there would be no one to invest on Bitcoin. I mean it will be that bad that they will stop investing just because of its price downfall.

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August 06, 2018, 04:26:20 PM
 #76

There could be several scenarios. I think it will be worst when bitcoin will be declared illegal in all over the world and abandoned by majority of people.
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August 06, 2018, 04:41:01 PM
 #77

The best fact of bitcoin is, it is a decentralized currency. So if it become centralized then i think it will be the worst thing for bitcoin. As it won't be considered as cryptocurrency then.
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August 06, 2018, 04:44:59 PM
 #78

The worst case will be when the bankers own all the Bitcoin, and they just trade it between themselves.

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August 06, 2018, 05:01:04 PM
 #79

The price of bitcoin is unlikely to fall to $1000 in 2018, and the current mining calculation continues to increase, and I think the big mine trade union entered the market to buy bitcoin at the time of $5000.
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August 07, 2018, 06:23:47 AM
 #80

This is really an interesting question indeed. The release of new technologies and decreasing of market price in a large amount these two can be most worst scenarios for bitcoin and it’s growth as well i think.
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August 07, 2018, 06:30:50 AM
 #81

As my opinion what will be the biggest killer and worst situation for bitcoin would be the restrictions of government. Government needs tax foe everything and how bitcoin can tax govt. by being anonymous.
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August 07, 2018, 06:34:49 AM
 #82

Least chance BTC will hit $1000, due to its deflating properties it should not happen any soon. I assume if US government tries to take control over BTC that would be the worst case scenario, and I am more afraid about this.
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August 07, 2018, 06:39:07 AM
 #83

Advancement of new technology can be a worst scenario for bitcoin. It could possibly happen as there are already altcoins which provides user lower transaction costs  and they are faster to with some other advantages.
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August 07, 2018, 06:41:14 AM
 #84

Price doesn’t matter. I think the worst case will be the mass outflow of miners. But falling price is a bad thing.
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August 07, 2018, 06:42:03 AM
 #85

I don’t think it as the worst case scenario. Worst case will be then when BTC is completely dead.
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August 07, 2018, 06:43:12 AM
 #86

Falling of price will never be the worst case scenario I guess only if it’s not zero. The worst case will be when all the people think it as a scam.
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August 07, 2018, 06:46:47 AM
 #87

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

it would be if the people worldwide will start considering bitcoin not as money but as scam and joke.

Agreed sir! Imagine people will see bitcoin as a scam and people will start to unpatronize btc. And your foresight that btc will go down to $1000 will happen

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August 07, 2018, 06:47:41 AM
 #88

When system goes shut down. This is the worst case scenario that will happen for bitcoin as we all know that bitcoin has created a lot of business like those local exchanges, crypto mining, computer programming or being a part of IT team developers, bounty hunting and etc. This all will end when bitcoin will shut down.

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August 07, 2018, 06:50:25 AM
 #89

When system goes shut down. This is the worst case scenario that will happen for bitcoin as we all know that bitcoin has created a lot of business like those local exchanges, crypto mining, computer programming or being a part of IT team developers, bounty hunting and etc. This all will end when bitcoin will shut down.
What do you mean by system goes down,there is no way to shutdown the blockchain network maybe it can done by shut down internet world wide which is also impossible.So you no need to worry about that the bitcoin will continue to work as always until we have miners and internet.
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August 07, 2018, 06:54:45 AM
 #90

In worst case scenario, centralization will eat up BTC and crypto world, with various implemented regulations.
and companies like Western Union and banks will have access to every type of info, therefore our beloved security evaporates.
Kinda a crypto nightmare.. Smiley
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August 07, 2018, 10:18:58 PM
 #91

What's happening at present can also be termed to be the worst case scenario with bitcoin. The bearish trend hasn't got over yet, professional traders predict this hasn't reached the low bottom looking upon the recent downtrend in the entire market volume. A sudden increase and drastic following the pump in an unpredictable manner is good, but right now it looks worse.

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August 07, 2018, 10:20:31 PM
 #92

I think if everyone doesn't support bitcoin anymore and probably they support other altcoins in top figures, and other scenario is when internet shut it down and we won't use any internet- that's a bad scenario lol!
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August 07, 2018, 10:33:21 PM
 #93


If you think that bitcoin will be the worst case, then right now, we have prepared some bundles for sale, btc can be sold in cash or USDT, Capital for safety, at least to cut off the original number ok. Cool
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August 07, 2018, 10:37:56 PM
 #94

that would be the worst case scenario, because all investors could start leaving bitcoin.
and I really hope it won't happen.
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August 07, 2018, 10:49:29 PM
 #95

Bitcoin falling to $1,000 for this year? that's no the worst case scenario. What if it goes lower than that? that's even worse right?
Many people are feeling bitcoin is scam and many governments are also against bitcoin. That’s why i think these are the worst scenario for bitcoin.
Given to the past years, many have thought about this before so I don't think this is a threat and a worst case scenario.

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August 07, 2018, 11:59:04 PM
 #96

That is the price of bitcoin will be at a level below 1$. This is what nobody wanted. Then no one will want to invest in bitcoin again, they will choose another coin more valuable. It is possible that ethereum or Ripple.
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August 08, 2018, 12:00:00 AM
 #97

The worst scenario this year, Bitcoin could have experienced a deeper price decline. However, there are still opportunities for the best scenario that Bitcoin will touch new ATH. And keep thinking positively for the future of Bitcoin.

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August 08, 2018, 12:04:23 AM
 #98

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
It is already the worst scenario if that happens, but as of now, I consider the worst scenario last Dec 2017 when bitcoin price hit the ATH's and then drops too hard.
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August 08, 2018, 12:05:30 AM
 #99

No the worst case will be if bitcoin dies or someone hacks it because even if the price fell to thousand dollars that won,t matter much as people who invested in bitcoins are now made their minds up for any type of loss.
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August 08, 2018, 12:13:52 AM
 #100

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
I think if Bitcoin goes down to the price of $ 1000 there will be a massive panic, and the bitcoin holders will meet the queue to sell their Bitcoin, and that's where the Bitcoin scenario is bought by people with big capital, and the price at the pump again so that all money can be controlled by people with big capital.
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August 08, 2018, 12:21:52 AM
 #101

Price of the Bitcoin is important but a flaw in its security is possibly a worst case but that is not even a factor because it can't even happen in the nearest future
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August 08, 2018, 12:25:21 AM
 #102

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

I don't see the price falling that low unless something catastrophic happens, such as a 51 percent attack, a massive hack, a global ban, or something along those lines. Bitcoin is increasingly being embraced by financial institutions, so the likelihood of that price is very low, in my view.
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August 08, 2018, 12:29:45 AM
 #103

The worst scenario of BTC might be not considering it as the decentralized money system. If BTC is being centralized by any means, people will lose faith and interest which they have for now. BTC is the king of crypto space, losing this crown would be the worst of the worst BTC had ever experienced.
That is totally true, because the idea of decentralized system is part of what bringing in investors into the entire cryptocurrency and people hoping that as a Decentralized system would prevail over centralized
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August 08, 2018, 05:55:41 AM
 #104

I can't imagine if that happens, if bitcoin falls 100 $ bitcoin holders will panic and will sell it. all altcoins will fall, and many investors will withdraw their capital from the market exchange.

This idea too can only make people lose their capital and portfolio to the whales but won't affect the Bitcoin or the cryptocurrency itself that much because a drop on price is inevitable in a market but cannot crash the entire system
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August 08, 2018, 06:02:25 AM
 #105

Worst case scenario is in progress ever since they forked Bitcoin and called their alt coin Bitcoin cash, that's one of the scenarios

Though, another worst case scenario would be like they start buying and buying to pump the price up and then move their money

Into Bitcoin cash to say that Bitcoin wasn't good enough, now we've decided that Bitcoin cash is better, they have done this already.
Some stupid people believed that BCH is good, they have invested their money but they were fooled by shills. another worst case

Scenario would be for some government to buy every single Bitcoin available for sale on the market just to centralize the market.

They have done this as well. some of the other worst case scenarios is the fact that no one can buy Bitcoin anonymously, they can

Just mine it without giving out their identity.
Exactly correct especially that your third point, I think the Bitcoin market is very open to centralization by government forces, except there is a kind of protection for the system against being captivated by the government.
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August 08, 2018, 06:03:15 AM
 #106

Yes!!!
I think if Bitcoin price is 1000$ then that would be a bad thing !!!
However, it still does not matter if we try to hold it !!!
Bitcoin prices will rise and more than that!
I think so!!!
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August 09, 2018, 05:55:51 AM
 #107

if it drops to 100, the technology will come to an end. this is unlikely, but still a possible event
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August 09, 2018, 06:58:34 AM
 #108

Just as humans lose their value after death, so will bitcoin in a worst case scenario loose its value if it receive a total rejection from people all over the world. It would be worthless of its purpose and the end of its importance.
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August 09, 2018, 07:04:22 AM
 #109

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?



Like you said that if there is rise in price, it may also fall so if it falls, I will hope for the rise too. It is futile to cry over fluctuation in price.

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August 09, 2018, 08:37:39 AM
 #110

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Everything in this world has a value, Well, I agree in your idea that if bitcoin goes up it really quick to goes down its value.But if you are one of the investor on it dont be afraid to lose your money in investing in Bitcoin.Instead think positive and believe that bitcoin will soar its value sooner.
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August 09, 2018, 08:59:42 AM
 #111

Bitcoin price is not going to fall to $1000. In the worst case, it will go to $5000 but even that is very hard to assume.
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August 09, 2018, 01:36:26 PM
 #112

Of course if the prise fall and come down below 1k then obviously it will be the worth case scenario for bitcoin because no one will expect this form bitcoin.
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August 09, 2018, 01:46:27 PM
 #113

The worst case scenario if Satoshi wakes up and decides to sell his one million bitcoins for fiat.  All fait would be lost in btc and it would crash back to the hundred dollar level.
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August 09, 2018, 01:47:32 PM
 #114

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

It now seems more and more likely that this is actually the scenario we will see
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August 09, 2018, 02:07:10 PM
 #115

It will be very bad for Bitcoin, I think a lot of investors will lose interest in crypto.

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August 09, 2018, 02:20:26 PM
 #116

For me,the worst scenario in bitcoin is when you set in buylong but reverse happened until i trap and can't move.
My head is sometimes aching to think what to do.And the market continue to drop and lossing a lot of money.
I learned that you need to really need to disciplined yourself in trading and be attentive to the movement of the market.
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August 09, 2018, 02:24:48 PM
 #117

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?


I can't predict fast as you assume, the fact that bitcoin still has a large value. and in the process of growth to stabilize it will take a long time, we have already discussed. so what you say is far from possible.
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August 09, 2018, 02:25:33 PM
 #118

It seems to me that the price of bitcoin is several times lowered to this mark for its existence, and it will still take off as it is indispensable.
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August 09, 2018, 02:29:52 PM
 #119

the main threat to bitcoin, like any kriptvalut is state regulation. I do not think that up to 1000 bitcoins will be carried, operators will not be allowed.
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August 09, 2018, 02:42:14 PM
 #120

maybe it could be a scenario that involves a lot of hands, but we are also in that scenario, so we also have to have a strategy so we don't lose.

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August 09, 2018, 03:10:35 PM
 #121

In my opinion, the worst case scenario is a stable decrease in the value of the coin. At the same time, everyone will start to withdraw and the price will fall even faster. This can be avoided by what institutional investments are needed and bitcoin is done as the main means of payment for goods and services.
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August 09, 2018, 03:14:30 PM
 #122

Most probably worst case scenario for HODLers since trust in bitcoin will be far less as an investment. But for the utilization of bitcoin, it's a sign of normalizing the price range and possibly showing bitcoins potential as a payment system.

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August 09, 2018, 03:14:49 PM
 #123

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
This is not a case scenario or anything. But because of the increasing number of types of coins. Try to remember last year, prices rose near the end of 2017. I think it's impossible if Bitcoin drops to $ 1000 in 2018. I think there will be an increase of $ 20,000.
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August 09, 2018, 03:16:08 PM
 #124

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Since we all know that bitcoin falls to its price nowadays in $6000 dollars each but aside from that we will look at the other side it also increases past years it reachest a million dollar so that we cannot say that its price was falling and falling maybe it has the possibility to increases again but when its turn into $1000 it was the worst price at all it causes brokedown of all but i believed that it wont happen.

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August 09, 2018, 03:18:31 PM
 #125

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Yes, I think if that happens, it will be the worst scenario for bitcoin. and if that happens, then those who always declare a bubble about bitcoin will applaud.
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August 09, 2018, 03:23:42 PM
 #126

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?



I think the worst case scenario for bitcoin is that the price of it drops to zero because there are so many worker here that feel nervous and decided to quit working here because they thought that it will be gone.

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August 09, 2018, 03:37:39 PM
 #127

The worst scenario is that I think it's like 2000 dollars. But even if I come to these numbers, I think that very soon there will be a rapid increase in prices. I hope we do not see much of those prices.

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August 10, 2018, 01:56:51 AM
 #128

When Bitcoin prices drop to $ 1,000, many investors will panic and sell Bitcoin, which will lead to lower Bitcoin prices and turbulent markets. But I think that will not happen. I think it's not the worst. Because when the price drops to $ 1000 just investors still trust Bitcoin its price will still increase. The worst thing is that Bitcoin prices will drop to 0, when it will be hard to raise prices again.
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August 10, 2018, 02:10:06 AM
 #129

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?




The worst case scenario in bitcoin for me is that the price of it drops to zero because we think that it will be the end of bitcoin. There are so many people that feel nervous and quit in bitcoin after the price of it drops to zero..........................
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August 10, 2018, 02:22:34 AM
 #130

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Falling of bitcoin price down to $1000 is a worst scenario of bitcoin,and this will affect the investors to withraw their investments or people are no longer invest in bitcoin.But it is more worst if bitcoin will totally ban all over the world.

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August 10, 2018, 02:46:02 AM
 #131

Community. Bitcoin has value because people use it, miners mine it and talk helps too. If there is no community Bitcoin will die.

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August 10, 2018, 03:08:19 AM
 #132

Bitcoin is facing higher lows and lower highs for the past few days in case of prices, which is indicating a downward climb in the prices. It is for sure that the prices will drop but I don't really think it will drop to $1000. Even if it does, then that's gonna be one bad time for Bitcoin, but I know it will be able to overcome it sooner or later.
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August 10, 2018, 03:10:37 AM
 #133

The worst case scenario is when people don't value the bitcoin anymore and consider it as just a scam. All the hardwork of the creator and the miners will go to waste. Another is when the hackers stole a lot of bitcoin and don't use it but we all know that this is impossible to happen.
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August 10, 2018, 09:34:20 AM
 #134

It's it not the price going down but the shock forcing the price down that is the worst. Depending on what the factors are, Bitcoin will be likely to bounce up or not. If all governments decide to ban Bitcoin, though it may be exchanged underground, it will definitely drastically drop and hardly recover. But if the cause for the drastic drop is the manipulation of the whales, then there is a likelihood that Bitcoin will gain its value.
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August 10, 2018, 09:35:38 AM
 #135

If Bitcoin drops to under 1000$, we still can hope a recover by efforts of loyal investors. But if someone find a way to control 51% of its blockchain, Bitcoin will be under the control of that person. And they can destroy Bitcoin.
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August 10, 2018, 09:45:08 AM
 #136

Since Bitcoin is changing the way transactions happen, it is breaking the limitation and dependency which we have on Fiat currency currently.
 -First case can be a government ban over usage of Bitcoins.
 -Second case can be a crash of any huge bitcoin mining firm which may occur due to hacking or any other security lapse.
 -Third can be nonacceptance of Bitcoins from people who are not able to understand how it works.
When we deep think on how bitcoins work, we would know that it is a next generation technology, there is nobody who holds it, no authority who regulates it. The value is auto decided on the basis of demand and supply. Usage is a like a computer program sent from one wallet to another. This may create a “Who moved my Cheese” Scenario for financial authorities.
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August 10, 2018, 09:55:48 AM
 #137

 That a huge structural fallacy is found, that will make it crumble to zero because it will immediately become unusable. The most possible option in this scenario is quantum computing reaching a status where Bitcoin’s cryptography can be broken in acceptable time, like some days.
 That would definitely destroy Bitcoin… but it must be said that there are countermeasures ready for this scenario, like of course different cryptography methods or empowering the actual method (which wouldn’t require toooooo much work). But anyway, Bitcoin’s price would suffer an enormous impact of distrust, until the new cryptography system is implemented.
In any case, if this would happen, I would buy Bitcoins after the price reaches the low, this is sure.
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August 10, 2018, 09:59:50 AM
 #138

I think that we should expect only the best possible scenario for btc development. it will replace our current main currency and will become the main one in the market. To my mind, it is obvious

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August 10, 2018, 10:05:06 AM
 #139

The worst case for Bitcoin is probably the rapid development of other coins, Bitcoin cannot keep up, so bitcoin prices cannot increase but continually decrease.
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August 10, 2018, 10:11:08 AM
 #140

Bitcoin will always stay stable and keep its top spot, none of the worst happens because bitcoin is a typical coin in Cryptocurrency.
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August 10, 2018, 10:12:05 AM
 #141

Bitcoin will always stay stable and keep its top spot, none of the worst happens because bitcoin is a typical coin in Cryptocurrency.

Always stay stable? It has never even been close to stable. It has always been extremely unstable
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August 10, 2018, 10:15:09 AM
 #142

If this thing will happen mate, i think yes, this will be the worst scenario that will happen into bitcoin. Because as we can see that every year, btc rises a price and the sad thing there is it now at the deep. Hope that at the end of the year, its price will go back into normal or rather stable.
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August 10, 2018, 12:21:15 PM
 #143

In all sincereity, i think we have gotten to the worst case of bitcoin as this is the bottom and we should be seeing more upside from here in bitcoin
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August 10, 2018, 04:26:50 PM
 #144

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
Eventually I think that this would not happen, I would believe that but current price will decline to $5,000 but to say about $1,000 it is really to low for it. But anyway who can know for sure, 3 years ago the price was like that.
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August 11, 2018, 02:21:46 PM
 #145

Bitcoin will not die, I think. But against the background of the fall of the bitcoin course, many people will be disappointed and will come out of bitcoins. Panic will be in the hands of those who remain. As always, the strongest and most patient will win
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August 11, 2018, 02:23:53 PM
 #146

As long as there is no mass ban for crypto, and everybody uses crypto. There no such thing such as Worst Case scenario for Bitcoin. Whats happening now is Bitcoin is going down and down for a major consolidation. This is pretty healthy.
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August 13, 2018, 09:36:19 AM
 #147

As long as there is no mass ban for crypto, and everybody uses crypto. There no such thing such as Worst Case scenario for Bitcoin. Whats happening now is Bitcoin is going down and down for a major consolidation. This is pretty healthy.

Everybody does not use crypto. Actually almost no-one "use" crypto. Some HODL it, but no-one uses it which is also why eventually it will diea slow death
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August 13, 2018, 10:55:05 AM
 #148

After all.. it's unlikely that the price will really fall to $1k, even though it's like a scenario.. but basically it still depends on the factors of supply and demand, if indeed the price is low there are still many who buy it because the role is still important and plays a good role. anyhow the journey is, it's likely that it will always be in the dependence of many factors also the other matters related to its acceptance which really can't be ascertained.
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August 13, 2018, 11:01:11 AM
 #149

the worst scenario for bitcoin is that bitcoin is back plunging into a very cheap price and bitcoin has no permission anymore and finally makes bitcoin worthless.

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August 13, 2018, 11:04:20 AM
 #150

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
I am not afraid of getting a low price of bitcoin but, what makes me scared of is that if bitcoin dies. I know there are bunch of coins could replace bitcoin like ETH but for me Bitcoin is still and will be the best all over the crypto world. Seeing bitcoin in cheap price is just normal because it is volatile hence expect that the price could fall or increase, in this situation, it is better if we will buy and hold it for a long period of time.

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September 02, 2018, 11:42:24 PM
 #151

For more it definitely would be. Imagine how many long, short term holders would lose. Complete disaster. But others will see a chance to buy, invest, because the price is so low and it will increase soon in the future.
For me it wouldn't be disaster, I believe in benefit of the technology behind it.
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September 03, 2018, 06:47:20 AM
 #152

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
The worst case scenario that can happen to bitcoin to me is to fall to around $3000. However I doubt if this is going to happen as many of us bought bitcoin above $7000 and may likely not going to sell below that price as we would sell at loses.
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September 03, 2018, 12:03:43 PM
 #153

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
The worst case scenario that can happen to bitcoin to me is to fall to around $3000. However I doubt if this is going to happen as many of us bought bitcoin above $7000 and may likely not going to sell below that price as we would sell at loses.
The worst case scenario if Satoshi wakes up and decides to sell his one million bitcoins for fiat. 
All fait would be lost in btc and it would crash back to the hundred dollar level.
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September 03, 2018, 01:51:03 PM
 #154

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

For me bitcoin price dropping to $1,000 is not the worst case scenario this crypto world will ever had because even if the price goes low possibility of growing is indeed.

The worst of the worst scenario we will have is if we leave the support for this coin and let it die forever,that is the darkest day for the whole community
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September 03, 2018, 05:42:53 PM
 #155

As usual people thought the worst scenario is if bitcoin price dropped to the lower price but i think this is not the worst situations because if bitcoin dropped to $1000 then people will starting to buy and keep it and from my point of view the worst scenario for bitcoin is if all of governments in this world try to against bitcoin and they attempts to destroy bitcoin and all of bitcoin users will got in jail because bitcoin forbidden in this world
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September 04, 2018, 08:18:38 AM
 #156

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
The worst case scenario that can happen to bitcoin to me is to fall to around $3000. However I doubt if this is going to happen as many of us bought bitcoin above $7000 and may likely not going to sell below that price as we would sell at loses.
The worst case scenario if Satoshi wakes up and decides to sell his one million bitcoins for fiat. 
All fait would be lost in btc and it would crash back to the hundred dollar level.

Yeah, this would be the worse thing happen in the crypto market but it can not happen because we love things the most which we created after many struggles and hard work. Holding the Bitcoin in current technological world is more than anything and if you are going away from it then it would be the worst scenario. With the passage of time there is an increase recording in the number of participants which is a positive image and shows its bright future.
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September 06, 2018, 12:25:19 PM
 #157

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
The worst case scenario would be USA banning all bitcoin related moves.
Back in the day when gambling was legal in USA for online gambling poker websites those websites made ton of money and one day FBI decided to seize all the casinos because of money laundry reasons and all that and all of a sudden those websites got blocked in USA and they had to move overseas.

Of course the big boys stayed and still hang around but nothing even remotely close to what it used to be. So we should hope the god that USA won't somehow ban bitcoin because if that happens than we are all screwed, that would be the worst thing that could happen in bitcoin world.
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September 06, 2018, 12:40:26 PM
 #158

The worst case for Bitcoin is probably the rapid development of other coins, Bitcoin cannot keep up, so bitcoin prices cannot increase but continually decrease.

Even though there is rapid development with the Bitcoin, there is less possibility for other coins to have a community like Bitcoin. Bitcoin is always the dominant currency because the majority of the investors still have high hopes of Bitcoin compared to others because other coins price is dropping very hugely.
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September 06, 2018, 02:12:44 PM
 #159

The worst case for Bitcoin is probably the rapid development of other coins, Bitcoin cannot keep up, so bitcoin prices cannot increase but continually decrease.

Even though there is rapid development with the Bitcoin, there is less possibility for other coins to have a community like Bitcoin. Bitcoin is always the dominant currency because the majority of the investors still have high hopes of Bitcoin compared to others because other coins price is dropping very hugely.
For hodlers since trust in bitcoin will be far less as an investment. But for the utilization of bitcoin,
it's a sign of normalizing the price range and possibly showing bitcoins potential as a payment system.
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September 06, 2018, 02:29:53 PM
 #160

This is a decline in the number of participants and the quality is declining. More importantly the severity of the severity of the bitcoin has made many people go bankrupt. The bitcoin gradually loses trust and begins to be forgotten. I hope this will not happen at least right now, the probability is very small because this is only the worst case.
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September 06, 2018, 04:47:15 PM
 #161

I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
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September 07, 2018, 09:16:03 AM
 #162

The worst case for Bitcoin is probably the rapid development of other coins, Bitcoin cannot keep up, so bitcoin prices cannot increase but continually decrease.

Even though there is rapid development with the Bitcoin, there is less possibility for other coins to have a community like Bitcoin. Bitcoin is always the dominant currency because the majority of the investors still have high hopes of Bitcoin compared to others because other coins price is dropping very hugely.
yes, obviously bitcoin has been widely trusted by investors in this field, even though there are always new types of coins popping up if coins cannot be converted to bitcoin, newly launched coins will not be worth even their growth will not last long.
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September 07, 2018, 03:15:19 PM
 #163

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

the worst case scenario for bitcoins is when the government is banning cryptocurrency on its country, in this way people will not be able to invest and bitcoins might die in the future.

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September 07, 2018, 05:51:20 PM
 #164

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

the worst case scenario for bitcoins is when the government is banning cryptocurrency on its country, in this way people will not be able to invest and bitcoins might die in the future.

Yeah that's even worse than whales dumping to 1k, since we can still expect a good comeback. Illegalization of crypto may very well put an end to this market and to all our crypto dreams.

 
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okala
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September 07, 2018, 06:35:40 PM
 #165

I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
That is my thoughts too. Bitcoin is going to increase in price if we have good news and reducing in pricing if there are bad news. I have been following this market and that is what always play out.  The current situation of bearish market is because of those ban and rejection bitcoin was having around January and February this year.
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September 07, 2018, 09:23:47 PM
 #166

This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

In my own opinion, the worst case scenario of cryptocurrency when the price starts to dump, most of the people are panicking and they are selling their coins at its lowest price so cryptocurrency will dump even more.
bitcoinrays
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September 12, 2018, 06:16:28 AM
 #167

I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
I personally do not like the bear market of Bitcoin when it takes too long to switch into bull market, however I find it easy to use less money in order to buy coins in large quantity and other also want this. I hope that users should avoid selling for small profit in bear market so that the after buying more and holding your coins we will have a bull market in the upcoming days.
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September 12, 2018, 08:46:24 AM
 #168

the worst scenario is that bitcoin is probably the price of bitcoin is falling to the base price and maybe bitcoin has no more requests and made a lot of people who suffered a lot of losses were the most severe.
jeniferqueen0409
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September 12, 2018, 09:28:11 AM
 #169

The worst bitcoin value is zero. Bitcoin can return $1000 and that is not the worst, people will cut losses if they can't tolerate. When that happens, many new investors will appear and the market will still function normally.
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September 12, 2018, 12:03:45 PM
 #170

For me, those scammers who are using bitcoin as tool for deceiving people is what the worst case scenario for bitcoin for me. It is one of the reasons why people who don't have enough knowledge about bitcoin to hate it and will think that bitcoin is really a scam type of asset.

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