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freightjoe
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August 10, 2018, 10:12:05 AM |
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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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chrismartin
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Activity: 340
Merit: 13
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August 10, 2018, 10:15:09 AM |
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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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Theresachinyere
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Activity: 29
Merit: 0
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August 10, 2018, 12:21:15 PM |
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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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dario.93
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August 10, 2018, 04:26:50 PM |
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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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beniesyde
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Activity: 98
Merit: 0
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August 11, 2018, 02:21:46 PM |
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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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papashark
Jr. Member
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Activity: 123
Merit: 1
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August 11, 2018, 02:23:53 PM |
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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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freightjoe
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August 13, 2018, 09:36:19 AM |
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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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Rajamuda
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August 13, 2018, 10:55:05 AM |
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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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manismanja
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Activity: 518
Merit: 11
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August 13, 2018, 11:01:11 AM |
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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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Kirito-kun
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Activity: 220
Merit: 10
https://streamies.io/
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August 13, 2018, 11:04:20 AM |
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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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Kimi80
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September 02, 2018, 11:42:24 PM |
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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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Idrisu
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September 03, 2018, 06:47:20 AM |
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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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Hopetruel
Member
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Activity: 168
Merit: 10
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September 03, 2018, 12:03:43 PM |
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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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carlisle1
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September 03, 2018, 01:51:03 PM |
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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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Nahl
Legendary
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Activity: 1652
Merit: 1000
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September 03, 2018, 05:42:53 PM |
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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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prtty2gal2
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September 04, 2018, 08:18:38 AM |
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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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coinplus
Legendary
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Activity: 1386
Merit: 1058
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September 06, 2018, 12:25:19 PM |
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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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bitcoinveda
Member
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Activity: 378
Merit: 10
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September 06, 2018, 12:40:26 PM |
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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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Tokoyami
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September 06, 2018, 02:12:44 PM |
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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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caideogivay23
Newbie
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Activity: 11
Merit: 0
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September 06, 2018, 02:29:53 PM |
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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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