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Author Topic: To be Fair I think bitcoin will go highest highs and then will collapse  (Read 615 times)
kapalmabur
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November 26, 2020, 04:15:56 PM
 #41

Some of the points mentioned are true. But bitcoin and Ripple are two different sides. They have their own advantages and disadvantages. Even so I still choose bitcoin because if there were no bitcoins then all altcoins including ripple would never have been created.


without Bitcoin, blockhcain projects could stand on their own, not because Bitcoin, altcoin projects exist,
but because Bitcoin altcoin projects are popular, this has become cryptocurrency law.
Bitcoin was indeed reported in 2017 when the price of Bitcoin touched an All time high at $ 19700,
many people said it was a bubble, and it did happen. Bitcoin price fell sharply, but Bitcoin will not die,
because the Internet is the heart, if the internet is still there Bitcoin will also be alive and not collapsed.
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November 26, 2020, 04:20:11 PM
 #42

Even if prices fall, many traders will wait for prices to rise later highest highs and then will collapse is one of the most secure currencies and the high demand for this currency helps cryptocurrencies. Although the situation is the same in the case of XRP, but the price of currencies increases depending on Bitcoin.

Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.

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November 26, 2020, 04:32:05 PM
 #43

Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.

I was expecting a major correction before the new ATH, so at least for me this is not very surprising. The basics are still strong, and this means that even if there is a temporary dip, the prices are going to rebound in a short while. My only advice would be not to indulge in panic selling. The rally has just started, and if you sell your coins now, then you may regret about it later.
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November 26, 2020, 10:16:41 PM
 #44

Bitcoin has gone down below 17k dollars very quickly but I don't think this is the real fall. I expect a sharp decrease in the price too. But I don't think that Bitcoin will collapse any  time soon. In my opinion, after a sharp decrease, we can see the price going back to 10k in the worst case scenario.

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November 26, 2020, 10:24:05 PM
 #45

Even if prices fall, many traders will wait for prices to rise later highest highs and then will collapse is one of the most secure currencies and the high demand for this currency helps cryptocurrencies. Although the situation is the same in the case of XRP, but the price of currencies increases depending on Bitcoin.

Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.


You feel like going back to 15 thousand or below is going from bad to worse? Please! We were there a couple weeks ago. Is your memory so short that you feel like going back to a prices from October in November is a disaster?

In stocks it's a normal thing, the market goes up 10% and then falls 10% and it's never a disaster. A disaster is when it goes up 10% and falls 20% but a correction after a rally is a daily routine for evere asset.

In 2017 we were in a bull market for a year first breaking the old all time high and then reaching a new one. This time we haven't broke any ATH and the bull run lasted 2 weeks. You're comparing apples and oranges.
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November 26, 2020, 11:04:14 PM
 #46

It's quite funny to see how nonames bitcoin haters with their fantastic predictions revived on the forum. What's even more funny is that they hate Bitcoin during its tremendous growth, although they usually do this when the BTC is weak. If Bitcoin crashes in two years, then your beloved Ripple will go to the bottom with him, you can be sure.
They are speculating without any basis, how can they predict that it will really happen. We all know that the price of bitcoin is volatile, meaning the value is changing constantly as long as there are transactions happening worldwide, but that doesn't really mean that it will collapse easily. As of now, the price of bitcoin falls down but I don't think that it will continue to fall down, we all want to see that bitcoin will reach again its highest peak that happened three years ago.
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November 26, 2020, 11:24:47 PM
 #47

Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.

I was expecting a major correction before the new ATH, so at least for me this is not very surprising. The basics are still strong, and this means that even if there is a temporary dip, the prices are going to rebound in a short while. My only advice would be not to indulge in panic selling. The rally has just started, and if you sell your coins now, then you may regret about it later.

I guess we should already learned it from what happen wayback 2017 where bitcoin market value landed for almost $20000 but all of the sudden after the year ends it falls down in worse. We always kept on telling that the story repeat itself and I may not meant that we should panic selling our coins but i hope we do have a plan B if ever it happened again. I am worried it will happened again but i guess we should expect the unexpected.
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November 26, 2020, 11:43:32 PM
 #48

It's quite funny to see how nonames bitcoin haters with their fantastic predictions revived on the forum. What's even more funny is that they hate Bitcoin during its tremendous growth, although they usually do this when the BTC is weak. If Bitcoin crashes in two years, then your beloved Ripple will go to the bottom with him, you can be sure.
They are speculating without any basis, how can they predict that it will really happen. We all know that the price of bitcoin is volatile, meaning the value is changing constantly as long as there are transactions happening worldwide, but that doesn't really mean that it will collapse easily. As of now, the price of bitcoin falls down but I don't think that it will continue to fall down, we all want to see that bitcoin will reach again its highest peak that happened three years ago.
Yes. Bitcoin is highly volatile ever since so it is already expected that if the price goes bullish today, there are chances that it will somehow dump the following day. But i don't see bitcoin fall down once again just because it did happened last bull season. This time, the basis for bitcoin bullish season is more reliable than before because of different institutions that have decided to adopt bitcoin.

I don't know where the OP got the idea that btc will collapse 2 years from now.
We are more than a decade already and here we are, still enjoying the crypto market.
Such prediction can be ignored as there is no solid basis why he is giving such statement.
There will be up and down movement, which is normal, but total collapse is not in any way in the horizon.
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November 27, 2020, 01:56:25 AM
 #49

Even worse predictions were made in the past. Here it is mentioned about the market collapse after marking high values. Earlier people have predicted of bitcoin getting out of usage, which means no more bitcoin.

Experts too weren't able to make better and closer price predictions about the market changes. Everytime growth is related to any cause happening alongside of the bitcoin network, so is the collapse. It is all about time, demand, and various other elements that determine the growth and collapse.

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November 27, 2020, 03:01:21 AM
 #50

Yes everything that goes straight must eventually comes down, but if you compare Xrp against Bitcoin, i'll still go with BTC because unlike Xrp its creators doesn't look forward into selling its price dumping massive of tokens for fiat, and i don't like the fact that it's centralized, so anytime it can be regularized by governments

Please don't compare a shitcoin such as XRP with BTC. Ripple is a scam, and sooner or later those who are investing in it will realize the same. On top of being heavily manipulated, Ripple is a very centralized cryptocurrency. In short, it is cryptocurrency in just name. XRP is similar to a central bank issued fiat currency, which exists in the format of cryptocurrency.

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November 29, 2020, 05:46:53 AM
 #51

BTC is a top rated coin and XRP is an alternative coin comparing these two is like earth and sky, XRP is a centralised version which almost acts like decentralised technology. The majority of XRP is associated with banks which can't be considered as decentralised, the entire coins in the market is still dependent on BTC without any doubt else they would have performed if BTC goes down and collapse / high is it's nature because of high volatility.









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November 29, 2020, 12:22:44 PM
 #52

If you think bitcoin will go higher and then later will collapse then it’s will be fair enough to also think the dollar will go high and someday collapse. Bitcoin scarcity will keep its value for a longtime.

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November 29, 2020, 02:04:14 PM
 #53

To be Fair and honest

Btc will go highest high and then will collapse!
Becouse bitcoin dont have much of utility its expensive to exchange in to fiat currency.
Slow confirmations.

But there is solution: xrp is solution Low fees and Fast transactions.

I give maximum life time for btc 2 years then it will collapse, reason is simple expensive fees and slow confirmations.
Maximum life time of 2 years?
Did you do some research? BTC is already more rhan a decade already.
And I agree that alt-coin could be a good alternative when the fee is too high but it would depend on what we would want to use.
For me ETH is a good alternative when BTC fee is too high.

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November 29, 2020, 02:14:15 PM
 #54

To be Fair and honest

Btc will go highest high and then will collapse!
Becouse bitcoin dont have much of utility its expensive to exchange in to fiat currency.
Slow confirmations.

But there is solution: xrp is solution Low fees and Fast transactions.

I give maximum life time for btc 2 years then it will collapse, reason is simple expensive fees and slow confirmations.

I see, OP is one of the supporters of Ripple and no doubt about that. we have been in this situation before and everything has been cleared out. because both are not the same and have different uses both are important though. I used XRP for transactions because of its low fees and fast transaction speed. Nevertheless, if only XRP was not centralized coins, its price in the market today would have been 10x or more already.

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Question123
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November 29, 2020, 03:29:27 PM
 #55

Are sure to what you said? Because you are the one who said that without any proof or evidence just make sure once you saying something make sure you have good evidence.

We don't know the exact remaining time of the bitcoin but I do not think it's 2 years maybe few decades and still popular to the online world.

There is a lot of people who are envy to the bitcoin when price is rising because the reasons they do not have bitcoins or they spread negativity to the investors so they starts panic so they can buy cheaper bitcoin.
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November 29, 2020, 03:30:18 PM
 #56

History is cyclic, of course we will see another dump after this run. The main question is "when?"

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Mike Mayor
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December 01, 2020, 06:43:12 PM
 #57

Every topic you make is a load of crap. You talk such utter nonsense it amazing. When you think or type or speak it is as if you think what you say is something totally true beyond the fact of doubt. If you so clever why you not rich? Why don't you use your amazing super powers to save the planet?

"I give maximum life time for btc 2 years" Care to make a wager?

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December 01, 2020, 07:26:56 PM
 #58

It is a very big claim that Bitcoin will collapse in 2 years. High fees doesn't mean that a cryptocurrency will collapse soon. If it would mean that, then e.g. Ethereum has high fees too and it will collapse soon according to your way of thinking. Bitcoin is the strongest crypto in the market as the demand continues increasing and its usage widens every year.

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Maestro75
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December 01, 2020, 10:14:09 PM
 #59

To be Fair and honest

Btc will go highest high and then will collapse!
Becouse bitcoin dont have much of utility its expensive to exchange in to fiat currency.
Slow confirmations.

But there is solution: xrp is solution Low fees and Fast transactions.

I give maximum life time for btc 2 years then it will collapse, reason is simple expensive fees and slow confirmations.

It will be fair if you can tell us the highest high you are talking about and the level of the crash you forsee. It is not good to thrash a thing because you feel the need to make a post. If we view it closely by the way, 2 years is enough for anyone to expect a correction. And if it eventually happens it is nothing bad because nothing goes up forever.
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December 01, 2020, 10:35:58 PM
 #60

To be Fair and honest

Btc will go highest high and then will collapse!
Becouse bitcoin dont have much of utility its expensive to exchange in to fiat currency.
Slow confirmations.

But there is solution: xrp is solution Low fees and Fast transactions.

I give maximum life time for btc 2 years then it will collapse, reason is simple expensive fees and slow confirmations.

Bitcoin will not collapse and if Bitcoin collapses then altcoin will also collapse, because Bitcoin is the king of cryptocurrency and its dominance in the market cap is more than 60%, then the possibility of Bitcoin will collapse is very small because many people are investing in Bitcoin, besides that in my opinion the reason why Bitcoin has slow transactions and high fees is because many people make transactions using Bitcoin, so the fees are expensive and the transaction process takes a long time, but I believe Bitcoin will definitely find the right solution to improve the quality of its transactions in the future.

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