Are we destined for Doomsday?

[mr.mister]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?

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[HODL2090]

All you have is your opinion of where you want the market to go based on available information.
Switzerland approving exchange traded products is a plus you the market in my opinion and raises optimism for the SEC ruling on bitcoin ETF.

This is surely not the beginning of the end.

[Herbert2020]

if bitcoin died each time a newbie called for a doomsday then it should have died at least 5000 times in the past 10 years. each time price drops someone comes up with some reason to call for a doomsday and call it "end of bitcoin" as you did here and all the while the wise people continue accumulating bitcoin. next thing you know the topics shift from "is it the end of bitcoin" into "i am sad because i missed out on buying bitcoin, now it is too expensive".

[flying_bit]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why?

What are your thoughts?

There's a lot to consider. ETF approval still pending, I don't know but I do think we're just being played.
There's just too much fear right now in crypto market that if only I already have my Christmas bonus I will be so happy to bag some more of my fave crypto.

[aoluain]

Mr.mister what are you thinking? Why do you think we are seeing the beginning
of the end? What are you basing this thread on other than two high profile
bitcoiners having a feud?

The majirity of people here are very positive about bitcoins future.

[raidarksword]

Everything has gonna end except for bitcoin. Hard it may seemed but bitcoin will last for a long time as long as we keep supporting it, as investors and enthusiasts who wanted to adapt bitcoin's ideology, then there are nothing to worry about. Swiss exchange listing on first crypto ETF is already an achievement for us. So, doomsday is not gonna happen my friend.

[btyco]

If those bitcoincash idiots didn't ruin the markets this news about the swiss etf could have been the catalyst that pumps the markets. We should all turn against BCH for this massive dump

[Andruha1993]

Again I see a panic. Why people are so pessimistic. This is all temporary, wait a while and the market will recover. No need to tie all the news in one pile.

[dohh]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?

My thoughts have not changed from when BTC was priced at 11K. BTC is a scam and will end like one.

[BitcoinPanther]

Nope OP, Bitcoin is not destined for doomsday, I believe this is just the beginning of another rise.  We can see the switzerland approving ETF,  the upcoming BAKKT on dec.  This is just the beginning of global adaption of Bitcoin.  More will follow after this event.  So those who sold their holdings in this dip will regret it.

My thoughts have not changed from when BTC was priced at 11K. BTC is a scam and will end like one.

Kindly tell us why you thought so ??

[Phantomberry]

No and never will happen because bitcoin is still great and doing good and bitcoin is on recovery mode and will be back soon.

[Bytem3]

It's looking pretty bad out there right now :O Bitcoin price could even drop further down to $4500 or $1500:

https://coincodex.tv/videos/365/will-bitcoin-price-drop-to-1500-ripple-staying-strong-bitcoin-cash-crash

[avikz]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.

That's a bad thing happening! It seems like a very old plotted game by Ver himself in effort to bring down bitcoin. I don't see any reasonable background for such fight and made me believe that it is a plotted scenario and Wright is well involved with Ver to bring down bitcoin. No Clue, absolutely!

Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/

Swiss has actually approved an ETP (exchange traded product) and not ETF even though the structure is almost same for both. The best part about the ETP is that it is a physical one. The fund managers are going to buy physical coins from the market. But they are not only based on bitcoin. They have other coins like Ripple, BCH, Litecoin among others. That can be a game changer for us!

[nicster551]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?

That is what they want you to think for them to make us small traders leave the market before the big pump will happen.

[B4RF]

Oh, and lets not forget the fear index.

https://alternative.me/crypto/fear-and-greed-index/

Retail investors are very uncertain about bitcoin right now.

Maybe you should actually read more then the headline 

Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.

[meanwords]

if bitcoin died each time a newbie called for a doomsday then it should have died at least 5000 times in the past 10 years. each time price drops someone comes up with some reason to call for a doomsday and call it "end of bitcoin" as you did here and all the while the wise people continue accumulating bitcoin. next thing you know the topics shift from "is it the end of bitcoin" into "i am sad because i missed out on buying bitcoin, now it is too expensive".

You are right mate. That's just how it is. It is funny how this people spreads FUD and they are also the one who spreads FOMO after Bitcoin increases in price. I want to see a little more drama before Bitcoin moons, that would be too funny.

[bigtitsmomma]

YES WE ARE HEADING FOR A COLLAPSE --> https://bitcointalk.org/index.php?topic=5059138.0

[dothebeats]

Ahh yes, slow economic growth = fear of bitcoin not keeping up with the negatives..

Ahh no, not at all. It is more likely for bitcoin to boom in an event of a bad economic activity rather than flop together with overleveraged assets and drown within the woes of the financial industry. Fear index means nothing for bitcoin and in fact, most financial experts believe that bitcoin and gold would be the best assets to hold until the whole mess resolves itself. This is a classic FUD post that happens every so often, especially timed with bad market performance and negative news surrounding the ecosystem.

As for me, I'm not uncertain of my investments. I'll keep them as they are.

[ambisyon]

Since crypto market is experiencing a deep decline in the current situation, it doesn't mean this is the end of btc or doomsday for the rest of the altcoins. Perhaps, I believe this could be a major adjustment in the crypto world  and most likely, market will recover soon.Though this may take a while but definitely will continue to exist and prosper. This is the right time in buying btc and alts at a lower value as people could get good return of investment once pump will take effect.

[Impulseboy]

At first I do not believe that bitcoin can go as low as $1000 but and I am still not fully convinced that this will happen, but if we are being realistic about it, there is a chance that the price of bitcoin might collapse to $1000. That being said, I do not think that bitcoin will die even if the price drops that low. It is just far too established for bitcoin to end just because the price falls at $1000. What do you think?

[Red-Apple]

don't fool yourself, SEC is not going to accept any bitcoin ETF anytime soon and it has nothing to do with the BCH drama at all. you can come up with conspiracy theories but in the end SEC never planned on accepting any ETFs and they have been rejecting them for years now!!!

as for the future of bitcoin ,it has nothing to do with ETF, SEC or any other centralized entity that is talking about bitcoin these days. the future of bitcoin is bright and the adoption has been growing even as we speak with all the drama.

[calandra78]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.

no negative and no positive, bitcoin price grow up and falling down always happen anytime, no scenario about it, when alot people buy bitcoin price will grow up , so when exchange hacked and hacker sell it price will falling down.

[rudox]

We are not destined to bitcoin's doomsday, the sunny days will soon come back. The lights are coming off the tunnel as Switzerland has approved bitcoin-ETF starting next week there must be a bullish move in the market. Also, remember that the market we are dealing with is a speculative market and price will never be stable but kept being volatile. There will soon be a price change.                                                                                                                                                                                                                                                                                                                                                    

[mr.mister]

I did not suggest doomsday. I just asked a question because I wanted to see what everyone's opinion was that's all. The subject of this post is in the form of a question. I did not declare anything.

[krishnaverma]

I do not think that we are heading towards doomsday for crypto. We can expect greater heights in coming days. It is very much possible that next year, bitcoin touches the $50000 mark as well. It is true that this year had been quite bad for crypto so far but I expect the situation to get better. Reason to great fall this year was huge correction following such a heavy rise.

[mrcash02]

It's not looking good and there aren't good answers to explain why BTC's price is falling so fast. What is really happening?

I imagine there are better investment options on the world for big investors, then they are moving their funds out of Crypto-Currency. I mean investments on the prominent economy of some countries, a probable boom that may happen soon and they want to enjoy.

[jpoker272727]

People do panic if they see the market price falling, specially bitcoin price.
This happens all the time! but we know that everyone gets jumping and smiling if the price goes up.
We will not get the W if we will doubt them, we should stick and trust them.

[harimauagam]

surely it will not be possible if bitcoin is going to go bankrupt because the people who invest in it are already very much and moreover now there are so many people to buy eth which is currently very cheap.

[Zin-Zang]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?

IMO , based on study of past drops
Odds Bitcoin drops to $4000 within 3 months   , 80%
Odds Bitcoin drops to $3000 within 5 months   , 70%
Odds Bitcoin drops to <$2000 within 1 year     ,  60%

Litecoin drops below $20 within 3 months , 80%

Whole Market is entering a 3 year or longer Crypto Winter similar to the 2013 to 2016 bear markets

We are going to see a Mass Extinction Event for Weak Coins.

Bye Bye to Ethereum and all of their tokens.  

[Ozero]

Everything has gonna end except for bitcoin. Hard it may seemed but bitcoin will last for a long time as long as we keep supporting it, as investors and enthusiasts who wanted to adapt bitcoin's ideology, then there are nothing to worry about. Swiss exchange listing on first crypto ETF is already an achievement for us. So, doomsday is not gonna happen my friend.

I am more confident in altcoins than in bitcoin. Bitcoin is now not in its best form and it is not known when at least the problem with its scalability will be solved. However, I still do not see any serious reasons for its significant drop in price. Even if it falls in price to a thousand dollars, there will be no end. Given its high volatility, it can fall in price very low and after a while it can soar in its price also suddenly and high. Therefore, you need to remain calm, a bull market will definitely be.

[Harrisonimo]

Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?

As I will still maintain, looking on the brighter side of the dip that this is also an opening for new investors to come into the market and not actually signalling a panic into the markets. My colleague confirmed to me that now is the best time for him to now make purchase of some bitcoin and more ethereum! The market is virtually still very active with demands and supply and it will all result in the future sustenance and boom of the market later.

[Sergh83]

surely it will not be possible if bitcoin is going to go bankrupt because the people who invest in it are already very much and moreover now there are so many people to buy eth which is currently very cheap.

i think that this all cryptos is scum, because a lot of investors lost big money beilieving in crypto, this system were made by whales for the whales. All this shit is nothing but cheat game. I have lost a lot of money buying videocards all my savings was putted into this system and now i have no money for my big family, so im very upset now. Thanks Satosi for this shit Soorry for my english (((

[vesilucewa]

Doesn't matter how low, what's important is that it'll recover sooner or later.

This happens all the time.

[Spaffin]

Over the past few years, we have seen many drops and rises in the price of bitcoin and the entire cryptocurrency as a whole. No matter how low Bitcoin falls in price, it has always not only recovered, but also increased in price. Since there are no obvious reasons for the current fall in the price of Bitcoin, I don’t think it’s worth worrying about its fate.
Most likely, the fall of Bitcoin in the last months before the New Year, when everyone is waiting for its rise, was made intentionally. Therefore, whoever will keep his cryptocurrency now will turn out to be profitable later.

[Wingleness]

Again I see a panic. Why people are so pessimistic. This is all temporary, wait a while and the market will recover. No need to tie all the news in one pile.

Panic has been order of the season for a long while as a result of Bitcoin refusal to break 6400$ and now that it's tanking, the panic grew more. I only hope people can put a stop to the panic