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Author Topic: What is the Worst Case Scenario for Bitcoin?  (Read 704 times)
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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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AjithBtc
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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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Rainbot
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mr.bean865
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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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