Why bitcoin will never fall?

[aioc]

We have whales like the CEO of Binance to rely on, they are our pillars I believe they will not let Bitcoin and the market to crash, so far the market is now performing better in this pandemic, this is probably Bitcoin biggest trial in all of its ten years of existing and it's doing good, after this pandemic the market will be stronger more than ever.

[Oasisman]

We have whales like the CEO of Binance to rely on, they are our pillars I believe they will not let Bitcoin and the market to crash

That depends on the number of people who continue to invest and trade in cryptocurrency. That also, can be noticed by the exchanges on volume trades daily, monthly, and yearly. Bitcoin cannot fail, when people don't stop investing in crypto space, that's just simple.

so far the market is now performing better in this pandemic, this is probably Bitcoin biggest trial in all of its ten years of existing and it's doing good, after this pandemic the market will be stronger more than ever.

The market should be doing great because it wasn't directly affected by the pandemic, which the current figure represents that cryptocurrency wasn't really directly affected by the events outside the crypto space. Though there might be a slight effect, but It won't really hurt the market that much.

[ultrloa]

Having the right mindsets and appreciates potentials will allow you to survive from this industry.

For bitcoin, we should put all our trust as bitcoin will not likely to fall, why? because it's bitcoin who is holding this market as altcoins do literally rely on bitcoin's success, if bitcoin will fail, the whole market will fail, that's the simple logic I believe why I hold bitcoin for long term.

Trust with precaution since eventhough bitcoin is trusted and strong still the volatility so we might lose some value from the dumps happening but if we are smart to play the market then might we will earn with it, but if we talk about its strength for sure this is solid since the foundation of bitcoins is pretty much strong and the people behind and the whales for sure will not let this down since many people earning with bitcoin technology.

[darewaller]

Nobody should really consider this "forever" thing that long because in the end we are not going to live forever. However when you are talking about "never" you should be more clear, do you mean ever in history or do you mean ever in our lifetime or do you mean even a shorter span that makes more sense like in the next 10 years for example. Bitcoin is something that is against inflation, the more dollar devalues the more bitcoin gains value, and even though people are the ones that decides on what bitcoin price is, they generally realize it is a worthy investment.

So, in the next 10 to 20 years it will of course always goes up, sure there will be down times but in the long run we are going to be good. In our lifetime we may see a competitor for bitcoin that is better and in 200-300 years none of this will ever matter.

[pixie85]

No, I think it will never be lower than 2-3 thousand

That means it will fall, just not fail.

Saying that it will never fail is naive because it has fallen to 4000 dollars this year so it sure is able to fall.

If we get a giant recession bitcoin could follow the stock market like it just did and fall lower. It all won't matter much because it will still come out on top. Short term market price is not important.

[milewilda]

No, I think it will never be lower than 2-3 thousand

That means it will fall, just not fail.

Saying that it will never fail is naive because it has fallen to 4000 dollars this year so it sure is able to fall.

If we get a giant recession bitcoin could follow the stock market like it just did and fall lower. It all won't matter much because it will still come out on top. Short term market price is not important.

Dont know how people differentiate fall into fail thing.We know that fall or corrections does happen but it doesnt mean that it did fail (0 price or close to it). Nothing is guaranteed when it comes to its price yet market
is always unpredictable because the entire market does depend on demand itself.We know on whats the advantage of crypto over the centralized system and this is the main reason why it do still kick after all these years but doesnt mean that it wont fail but for now its too early to say such thing.

[Sanitough]

We have whales like the CEO of Binance to rely on, they are our pillars I believe they will not let Bitcoin and the market to crash, so far the market is now performing better in this pandemic, this is probably Bitcoin biggest trial in all of its ten years of existing and it's doing good, after this pandemic the market will be stronger more than ever.

Definitely they would do in all with their power to keep bitcoin survive in case bitcoin will struggle.
It's not a commodity so it will not fall in crisis when there is no demand, it remains online and the good thing is its decentralized so the demand will contiue as the operation exist 24/7. Bitcoin has gone the worst possible case scenario, but it did survive, and therefore we should not doubt its future.

[Ridwan Fauzi]

Having the right mindsets and appreciates potentials will allow you to survive from this industry.

For bitcoin, we should put all our trust as bitcoin will not likely to fall, why? because it's bitcoin who is holding this market as altcoins do literally rely on bitcoin's success, if bitcoin will fail, the whole market will fail, that's the simple logic I believe why I hold bitcoin for long term.

And history is an appropriate excuse to believe bitcoin, I have a simple example for bitcoin who will still alive or at least we can believe it on the price side.

Halving event has been held for twice thus far. And if you see the privious halving event bitcoin price are always up drastically and lead to the new all time high.

Which I think this event can be made as a basic that bitcoin will never fall. As you may know bitcoin price is depend on supply and demand which I think this event can be made as a way for bitcoun touch another all time high.

[Arkann]

Of course, various factors influence the cryptocurrency market, as well as a single cryptocurrency.  The value of Bitcoin also depends on many situations, but nevertheless, every investor and even many analysts claim that the current performance of bitcoin, as well as $ 20,000 for Bitcoin in 2017, is just the beginning of a very long way to the top of success.  Of course, this path will be very long and long, but it is safe to say that each investor will receive very good results from their investment in bitcoin.

[Natalim]

Having the right mindsets and appreciates potentials will allow you to survive from this industry.

For bitcoin, we should put all our trust as bitcoin will not likely to fall, why? because it's bitcoin who is holding this market as altcoins do literally rely on bitcoin's success, if bitcoin will fail, the whole market will fail, that's the simple logic I believe why I hold bitcoin for long term.

Trust with precaution since eventhough bitcoin is trusted and strong still the volatility so we might lose some value from the dumps happening but if we are smart to play the market then might we will earn with it, but if we talk about its strength for sure this is solid since the foundation of bitcoins is pretty much strong and the people behind and the whales for sure will not let this down since many people earning with bitcoin technology.

As for me, I could trust bitcoin blindly as I have already made good profit with bitcoin.
Whatever I invested now is already part of my profit and I am willing to gamble that until the end with my only strategy which is to "HODL".

[dunfida]

As for me, I could trust bitcoin blindly as I have already made good profit with bitcoin.
Whatever I invested now is already part of my profit and I am willing to gamble that until the end with my only strategy which is to "HODL".

We are on the same foot where i do secure out first my capital then the profits had been re-roll for long term.This is totally risk free on your part since you've
been playing up with your profit and you do somewhat have that peace of mind no matter what happen on the market since you do already know that you have
already secured out your money.Bitcoin can still fail since nothing is assured when it talks to the future.Who knows that it might fall on next hour,day,month or years..

[STT]

Its a good question because I always thought BTC would return to 1000 area at least to double check prior pricing.   To have people take 3000 area as the worst possible brief BTC price that can occur shows how much the base and value placed in BTC has progressed.
  The basic reasoning for Bitcoin being useful and used is so much of the world has a threat to its FIAT holdings, to the money they are paid in and they are not able to save cash without the threat of loss and so Bitcoin becomes far more reasonable to hold for future costs especially digital considerations.   Of course tech as a sector of the economy is increasing and so BTC is relevant.

[maxreish]

It will fall, yes. But how many times we saw bitcoin fall and also saw it standing and growing again? Those who are pessimistic about bitcoin were those who do not take the risk of investing in bitcoin. Even in the dump times, investors are still holding. It's because it was proven that holding is still a benefecial choice and it's not forever bear.
 
 Whatever be the reason for the bitcoin's fall. One thing is for sure. Bitcoin will always be  a good and profitable cryptocurrency which can not be easily destroyed.

[imstillthebest]

It will fall, yes. But how many times we saw bitcoin fall and also saw it standing and growing again?

many times buddy   . those cant be counted because btc is already existing along time ago in this kind of manner   .

Those who are pessimistic about bitcoin were those who do not take the risk of investing in bitcoin. Even in the dump times, investors are still holding. It's because it was proven that holding is still a benefecial choice and it's not forever bear.

there are people that already invested on btc but still doubted so they pull out thier money  .  these people take risk but not too much   .

 

Whatever be the reason for the bitcoin's fall. One thing is for sure. Bitcoin will always be  a good and profitable cryptocurrency which can not be easily destroyed.

it cant be destroyed litterally but it can be destroyed on other ways like when its value is crashing too much and people are loosing hope   . speaking of value crashing   , these are times that bitcoin isnt profitable .

[danherbias07]

The really good thing about is there is no inflation.
No one can create more.
As time goes, many bitcoin will be lost taking its value to go higher.
That is reality.
Even if those are just satoshis of coins given in a faucets if forgotten cannot be brought back.
That may be the one reason it will never fall deep.

[bitgolden]

Falling in financial markets is not really a big trouble, crashing is the big trouble and bitcoin even did that many times.

We have actually seen bitcoin move from 1400 dollars to 150 dollars, and also saw it move from 20k (all time high we never reached again) to 3k as well. What happened after all of those? We recovered, maybe we haven't recovered all that much from 20k because we never went back up there, but we have peaked at 14k last year and 10k this year, which goes to show you that bitcoin may go down but it will still go up, it may crash but eventually it will go up again.

[Smitty Werben Man Jensen]

Why? because Bitcoin already has a large community all over the world, I'm sure people who hold Bitcoin are already 50-60% worldwide, and 40% are whales, so it can be said that Bitcoin is still volatile, but to get back to 0 I don't think it's possible for Bitcoin!

[ballerin and giroud]

Why? because Bitcoin already has a large community all over the world, I'm sure people who hold Bitcoin are already 50-60% worldwide, and 40% are whales, so it can be said that Bitcoin is still volatile, but to get back to 0 I don't think it's possible for Bitcoin!

It mean when whales sell their all bitcoin then we will see bitcoin price will go to lower event the price will touch below $500. Why are you so sure that 40% of bitcoin are owened by whales? Is there a proof? I think the reason why bitcoin never fall is bitcoin has been used for almost 11 years and until now the people always try to improve bitcoin system in order to be used by all human being. Also I see bitcoin as a successful technology that been created, at least bitcoin give an innovation or a solution for human being how to reduce the cost to transfer money. As we may know the cost to transfer money through money fiat take a long time and high cost per transaction especially if we send money to different countries.

[Janation]

I could say two reasons: the community and Satoshi Nakamoto.

Despite the falls that happened, people are still supporting this cryptocurrency. They are persistent in making this one of the most popular investments of the year, it is not their goal though since all we know is that we just wanted to take part of that quick increasing profit. Then, we have Satoshi Nakamoto. To be honest, I don't know why he left but all I can say is that he is looking forward to the people to improve his work. The fact that we have the halving means he is aware that a lot of people would be using it in the future.

[coinfinger]

Community is really in love with bitcoin a lot, I wouldn't really dream of a community like this if I built a project, Satoshi is really a genius but at the same time bitcoin was a bit more lucky as well, there was a chance it never really picked up and nobody really cared about it in the end as well, it could have really happened, think about it when it first started some person could have come up and bought all of the coins available, the first million coins could have been owned by that person, or they could have operated a HUGE mining facility for some other reason and as soon as bitcoin started could have turned it against bitcoin and just attacked it.

Basically there was many ways it could have gone wrong but some reason we are now at a level where we discuss why it will never fall, that shows how good bitcoin is but also a bit of luck as well.