Can Bitcoin Crash?

[mezzaluna]

Bitcoin crashing is always on the minds of people investing on it. Its not a secure Investment but it is a great investment since the profit that it can yield you is huge. Bitcoin crashing is another opportunity for most users to invest more and buy Bitcoin since they will always believe that Bitcoin's value will still go higher than its current value.

[Noctis Connor]

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/

theoretically yes but not that in the way bitcoin price will be back in the price of super low since bitcoin are volatile and even those professional in trading and analyzing haven't quite sure if bitcoin price will be since other's believed that bitcoin is the future of all, Where is the risk and having fun when you're thinking about losing money it's part of having a good profit in the future too. And if you're having doubt because some one told you that bitcoin will gonna fall nor become scam in the future then you should search more about it. There are huge companies who are using bitcoin and billionaires who are into bitcoin nowadays.

[imstillthebest]

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.

past few years , that would be 2017 i guess ? because thats the time btc reach its first highest price and that suddenly caught the attention of the non bitcoiners to check out btc but it was this year were btc got its biggest break because its 2017' value are now got doubled and more heads are turning in to btc .

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/

media did it because this was an interesting news and they can get viewers if they cover anything related to btc more often . media reporting the stats of btc is helpful because we can get an idea if where is the price going at

[rodskee]

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.

and people are get to use this so dropping from 40,000$ to Zero is next to impossible so let's not be exaggerated on this part.

and also i Believe that Bitcoin has been spread worldwide and with those volume that has lost in the air ? this will permanently installed as a value for Bitcoin that proves never will drops to zero level.

it may drop to the lowest than what we had last year , but to 3 digits price? nope will never.

[vennali]

A lot more institutional traders as well as companies are slowly following suit of what Elon/Tesla have done. So, the chances that we see a major correction or a crash is low. However, it isnt guaranteed that BTC will never crash. Lets say Tesla are forced to sell their crypto assets by their investors. There will be a large hole created in the market and it will crash like never before. 

[jaresmerel001]

Volatility is decreasing and the bitcoin ship is growing bigger, better and more secure, let's see how and why-

2010 crash 1# : Bitcoin somehow rose from 0.008 to $30 in 2010 and crashed to 25% in 2010.

From then until 2014, there must have been many ups and downs, but it grew slowly from there to reach $1000.

2014 crash 2# : From $1000 to $230, which was the next biggest crash, but not close to the first. 334% drop.

Given the two enormous drops above, there must have been many ups and downs then and 2017.

Crash 3# in June 2017 : Decline of 67% from $3000 to $1800

Crash 4# in September 2017 : 61% drop from $5000 to $3100

Crash5# in November 2017 : 37% drop from $7800 to $5700

Then again (13000 to 10000 drop of 30% in February 2018 to March 2018.

The steady decrease in volatility, even though it looks huge, but one common thing in all cases was an instant pullback.

The bitcoin bull has been running loose since it gained momentum in 2017 on the very first day. We saw it climb from $10k to nearly $20k in a couple of weeks. Only in the crypto currency world can this form of unprecedented growth be seen.

[virasisog]

Sure it can, however, every time the price is good for retail investors or institutional investors to buy, they buy Bitcoin back. People's trust on Bitcoin and it's long-term potential is too high, not to mention the scarcity of supply. The price of BTC slowly increases as time goes by, even with a sudden market dip the market price recoveries.

[tygeade]

The interest in Bitcoin has seen a large growth so I don’t know about this crash and whether it’s going to be something that will be possible. But, if I am to give you a yes and no answer, then my answer is probably going to be a No, judging from the way things are going as of this time, though we still can’t predict the future of Bitcoin, but we always need to be positive, because it’s the trust we have in the asset that keeps the train moving.

Moreover I believe that in a situation where Bitcoin happens to crash like you have said, it will still rise up because it’s not really about the price, people will continue to be making use of it for transactions and moreover the price was once worth below 1 dollar.

[blue_nexus15]

This is not true.  The sign this time is similar to that of past years, making small Lunar New Year adjustments for Asian countries.  This is not serious and there is no need to worry.  Another trend has shown the altcoin to be very stiff, the urge to see the next flourish.  I have no qualms when the opportunity to buy a little bit more bitcoins has arrived.

[Mr.sprin]

in the minds of some people they want to destroy bitcoins but until now bitcoin is getting better, the reality is that there is no gap to destroy bitcoin and I really believe bitcoin cannot be destroyed and bitcoin cannot be controlled.

[yazher]

Technically it is possible if we are talking about crashing to zero. It is nothing to be afraid of though, that is a typical scenario for bitcoin, remember that 2017 was considered a crash by many (I'm not sure) but look at what happened to bitcoin, it bounced back. Even if there is a possibility, trusting bitcoin is the only thing that we can do, crashes shows who is worthy of a big profit.

Yeah! considering its current situation the price right now might become permanent or not and after some time, the price will also have some chance to fall back again or crashing. When that happens, I'm sure there will be some huge reasons behind it since the price in the market right now doesn't budge if it's just some simple negative news about bitcoins. Now is the time for investing and no reasons for it to back out for now judging from its current situation. Unlike in the year 2017, people are carefully investing right now, as most of them learned from their mistakes.  

[Kong Hey Pakboy]

In my perspective, before reading the article, I actually thought bitcoin can crash. In every thing that existed there will always be pros and cons, weakness and strengths. I thought it can crash because of networks and such; and reasons such as technical problems would occur. But then I have found out that it can't be hacked by anyone as the nodes are entirely scattered, and not letting a single node hold the singularity of bitcoin. It is very cool to think we can go to such lengths with technology.

[pankowri]

It's not a crash but reducing price continuously is like that. In cryptocurrency, there is no guarantee to fix the market for a while. If you have more and more practice and experience in the market then you may minimize risk. Rminimizationmize is more important for a stay in the crypto market.

[AicecreaME]

Bitcoin will always going to crash, I meant "dump". It's going to have a pull back, and then it will goes up, so on and so forth, because of its volatility. But if you were really wanted to know if it is going to crash like going back to zero, then yes it is, but for sure most of us would be dead when that time happens. Before it goes back to zero, we're going further $600,000 I think, and could reach a $1,000,000 per Bitcoin. I know some of you are going to say it's impossible but just wait for it.

[ice098]

Bitcoin will always going to crash, I meant "dump". It's going to have a pull back, and then it will goes up, so on and so forth, because of its volatility. But if you were really wanted to know if it is going to crash like going back to zero, then yes it is, but for sure most of us would be dead when that time happens. Before it goes back to zero, we're going further $600,000 I think, and could reach a $1,000,000 per Bitcoin. I know some of you are going to say it's impossible but just wait for it.

Yes it is very normal to bitcoin and other coin in our market corrections, pullbacks, dips, break-even are same that we can expect to happen, we cannot please people to sell whether it is above or below the price, most often people with weak hands tend to sell their coins lower than usual so it makes it dips or yes it crashes take example what happen in our market when pandemic started  the whole market crashes even stock market too, economy in every country goes down so many people sell their holdings but few people buy so it makes the price dumps.

[xodakovs]

Bitcoin is very volatile cryptocurrency and during every bullrun whales earn on it a lot of money. Until BTC is so profitable and gives 1000% of grains to whales it’s nothing to worry about. Bitcoin won’t crash. Only global internet collapse, alien invasion or some other apocalypses can destroy it totally.

[N2CoinOfficial]

Yes, three years back bitcoin rate suddenly drops to $1000 - $200, on that time bitcoin crash does not create the big impact to the currency, but as of now if the crash occurs to the bitcoin there would be a big loss to the bitcoin investors.

[franciscoDC]

Actually it can be crash including others, in crypto the price is unpredicted but you can go along and have high prediction about price just look the demand and whales or investors of any token .

[cheezcarls]

It's possible. Anything is possible, but we don't know when. There might be several factors later on behind the crash. Considering on what is happening in India and Nigeria's crypto situation that the government is trying to ban or restrict them. Let's say if it does, the crash might not be that bad unlike on what happened for the most of 2018. It is because during that time, Bitcoin and other cryptocurrencies aren't matured because of the regulatory issues or institutions not buying it yet. Now that they have embraced cryptocurrencies slowly but surely, we could see things go up and crash might be unlikely soon.

But on the April tax deadline, there might be a slight pullback before institutions keep buying Bitcoin that would start another bull run wave. Just my opinion.

[Atek33]

If I talk about any other currency then I can believe that for some other reason it can be lost, it can die but it can be, but of course I can't say this when I think of Bitcoin because Bitcoin I see it is getting more and more expensive and I think  Its price will increase day by day. Of course people will sell it more.