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Author Topic: Can Bitcoin Crash?  (Read 604 times)
xSkylarx
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February 07, 2021, 10:08:37 AM
 #61

Bitcoin does crash when some bad news happens then some people will panic sell their holdings thinking that bitcoin would dump hard, this will be an opportunity for buyers to accumulate bitcoin. But as always, it recovers its original price and even surpasses the ATH as years pass.

But if OP means crash to the point that it will become worthless, I don't see it happening now or anytime soon. Many financial institutions now are investing in bitcoin, they are starting to acknowledge blockchain technology and the use of digital currencies.
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February 07, 2021, 10:18:42 AM
 #62

Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
All things created by humans or even the nature itself crashed so let's just expect the unexpected. If you are talking about Bitcoin price I think it needs to reach $1 a coin and we call it a crash.



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February 07, 2021, 10:40:14 AM
 #63

Bitcoin has been around for quite some time, since 2009 to be exact - but it is only over the past few years that it has garnered the attention it deserves.

The media and critics are always quick to jump on any movement Bitcoin occurs, but can Bitcoin actually crash?

Take a look at this article, its summed up quite nicely: https://4king.com/can-bitcoin-crash/
Definitely yes, Bitcoin can crash anytime and it is very normal in the crypto market. As a matter of fact, there have been numerous times it crashes like we had experience in 2018. It is possible as well that it may get a zero value but that is very unlikely to happen knowing that the crypto market and Bitcoin are now being recognized by institutional investors. But these crashes won't be the end of Bitcoin because it will always bounce back and will break a new record. These crash also can be your opportunity for you to procure Bitcoin to hold so I think there's nothing wrong if Bitcoin crash. Besides, I think crashes are sometimes healthy for the market.



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February 07, 2021, 11:42:12 AM
 #64

If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.

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February 07, 2021, 11:59:44 AM
 #65

If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.


Bitcoin will not crash but it may take correction. Bitcoin will never become zero. Although it may seems that bitcoin is at 40K and looks quite expensive as compare to few months before when bitcoin price was only 12K. However, in few years time you will look back and find the current value at 40K to be very cheap.
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February 07, 2021, 01:17:32 PM
 #66

Bitcoin can crash, of course. But the point, how deep bitcoin will go down? No one will know, and we can only guess about that. But we already knew that bitcoin crash from $19k to $3,500, so that can happen again in the future. But we hope that the price will not go down too deep in the future and will not make the investors panic. But instead of thinking about bitcoin can crash or not, we should enjoy this moment and keep trying to make as much profit as we can, so we can make money before we are late.
Many seems to disagree with the possibility that bitcoin will crash. They seem to bring up the part where there will be a constant demand but that will only scratch the surface on the possibility whether will the price crash, as @ethereumhunter mentioned, a crash has already happened but I did a Google search and the found the first thing that popped up, they might not be the best but we can at the least put a reference to support an argument that price will crash. I do agree with you about not thinking about the crash that could happen anytime, same thing should be said when it comes to hodling bitcoin or other cryptocurrency, do not think of it every moment of your life, you are missing out big time.

Here are some links that I found when I search whether bitcoin can crash.
https://decrypt.co/41863/can-bitcoin-ever-become-worthless
https://www.coindesk.com/why-is-bitcoin-going-up-and-will-it-crash
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February 07, 2021, 03:32:55 PM
 #67

What do you mean by crash? If you are talking about a decrease of it's price then of course it will surely to decrease in the future as it is how the market works. But if you mean that bitcoin will not get any value anymore then this kind of happening is very difficult to happen not unless all the governments will fully banned the usage of bitcoin.

Bitcoin is the king of crypto currencies and if you notice the market capital of bitcoin, do you think it will crash easily?

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February 08, 2021, 03:21:41 PM
 #68

Cryptocurrency is notorious for its enormous price swings. Since 2013, each year has had its major lows and highs, with at least 25% dip from a high. According to Gavin Smith, the CEO of Panxora, Bitcoin is a great asset over a three-year period, but he’s failed to mention that the risk of inflation could topple its reign with more stable technology overthrowing Bitcoin. Bitcoin’s price could swing over its 40k price and rally twice its height, but that only means it runs the risk of falling thrice of its dip.
Bitcoin often suffers dips due to many countries trying to regulate its use and transactions. Such as the case of new traders who, with this fear of suffering a loss themselves, due to regulation, makes lesser investments. And bitcoin, ever since its emergence a decade ago, has proposed an indirect threat to national currencies. However, many experts suggest that bitcoin becoming worthless or going lower than $20,000 is unlikely.

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February 08, 2021, 03:45:31 PM
 #69

Bitcoin will not be destroyed and Bitcoin will not be destroyed with such news, bro
We supported Bitcoin and we know that if in 2009 it had few fans, now it is not like before and we can know Bitcoin independently of everything.
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February 08, 2021, 06:28:57 PM
 #70

Everything will go to 0 eventually, but with big players entering the market it's definitely here to stay for a long time now.


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February 09, 2021, 01:49:45 AM
 #71

I don't think it can be happen in Q1.

Theres a lot of good news about bitcoin, especially the news about Tesla buying bitcoin thats really huge.

So, i don't think the crash will happen in this early year.
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February 09, 2021, 07:18:56 PM
 #72

If what you mean by Bitcoin crash is crashing to zero, that is not possible, because there will always be people who want to buy Bitcoin. But if you
mean Bitcoin crashes are falling prices, then they will happen a lot. What we remember most is the Bitcoin crash that occurred in 2018, although
Bitcoin's decline was quite deep.

But Bitcoin has finally recovered, even this year Bitcoin managed to surprise us all by hitting a new ATH price. Therefore, there is no need to worry
about knowing Bitcoin crashes, because it will happen often. What we need to do if Bitcoin crashes is still HODL the Bitcoin that we have, because
the Bitcoin price will definitely recover soon.


Bitcoin will not crash but it may take correction. Bitcoin will never become zero. Although it may seems that bitcoin is at 40K and looks quite expensive as compare to few months before when bitcoin price was only 12K. However, in few years time you will look back and find the current value at 40K to be very cheap.

Yeah agreed, I think we will see a correction to maybe $30k and then $100k soon
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February 09, 2021, 07:48:56 PM
 #73

Anything can be crashed, but that's not the point. You may know that MicroStrategy has already invested a lot of money in Bitcoin. Yesterday, TESLA officially announced that they would invest $1.5 Billion in Bitcoin and accept Bitcoin as a payment method. So imagine, someone must has to spend $1.5+ billion to buy BTC at lowest price to crash the Bitcoin market. I don't think if anyone want to make crash by spending his own money.

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February 10, 2021, 04:23:38 AM
Last edit: February 10, 2021, 04:37:12 AM by Issa56
 #74

Currently know body is certain about the future of cryptocurrency anything can happen, anything can be crashed bitcoin can be crashed to but can not be crashed to zero bitcoin price be dump but definitely is still going to to pump back. Bitcoin adoption is increasing massively there are lot's of people that are beginning to believe in bitcoin, some of them are accepting bitcoin as payment method in there business, Bitcoin is been adopted buy different company there are lots of investors beginning to believe in bitcoin and they have been pumping money into bitcoin massively. That's why I believe bitcoin can be crashed due to some reason but it can not be crashed to zero I don't think crashing bitcoin to zero can be possible there are lot's of people holding bitcoin in there wallet apart from the trading it daily.

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matchi2011
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February 10, 2021, 04:37:18 AM
 #75

I don't think it can be happen in Q1.

Theres a lot of good news about bitcoin, especially the news about Tesla buying bitcoin thats really huge.

So, i don't think the crash will happen in this early year.

For now we still seeing upward movement, early crash might far from now. There are still lots of investors who
are riding with Bitcoin popularity,

Make sure to implement cut and loss in order to benefits with the ride, tough call when greed start to show inside
your mind. Be more careful to avoid any crash.

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February 10, 2021, 05:10:48 AM
 #76

Truly, it can. It's obvious. You need to consistently place it in your memory that bitcoin is something that got a pump from 20 dollars to the estimation of today. The estimation of bitcoin relies upon the organic market. clearly, bitcoin will get crash.

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February 10, 2021, 05:19:15 AM
 #77

Mark my words, after this bull run, maybe sometime this year, or even into next year, bitcoin will lose at least 50% of it's current value.

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February 10, 2021, 05:32:18 AM
 #78

All those things we heard about bitcoin are totally fallacy and these is not the first time I'm hearing such that bitcoin will crash, I just seem it as a mentality of those that scandals cryptocurrency, since 2009 bitcoin was introduced to the community we have not experience negative changing in bitcoin via transformation and resolution in cryptocurrency in generally, so it's obvious that based on what people who are into cryptocurrency has experienced bitcoin can't crash because it's digital currency and it's not under the control of anyone even governments that are fighting cryptocurrency indirectly.

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February 10, 2021, 05:40:43 AM
 #79

Any asset managed stock, fund, moneymarket, hedgefund can crash.
So bitcoin is nothing different.
If the huge whales wanted to crash the market, they can if they co-ordinate to do it all at one time.
Just look at what wallstreetbets reddit accomplished in a short amount of time for stocks GME, AMC, and silver a while ago.
They did not stay at those levels for very long because the corporate money came in and they had help along the way with entities in government to make sure they were safe.

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February 10, 2021, 05:53:07 AM
 #80

Yes Bitcoin can crash but will not go to zero, reason behind this is that its already have been here since more than a decade when people didnt have much awareness about it.

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