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Author Topic: Bitcoin can not crash  (Read 711 times)
cryptozanga
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May 19, 2021, 10:25:27 PM
 #21

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.

People don't understand how manipulated if the market right now, everyone with your mentality will lose all the money invested.
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May 19, 2021, 10:31:38 PM
 #22

From the little experience am having in Cryptocurrency I believe bitcoin can never crash the only thing that can happen is the price will dump which is normal nobody have to be scared of that because after the dump definitely it will still rise but it might just take time so you have to be patient. I believe bitcoin will still pump back because there are lot's of people that are just getting to know about bitcoin and there are lots of companies that are beginning to adopt bitcoin as there payment method.

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May 19, 2021, 11:00:21 PM
 #23

Elon Musk or anyone else does not have such power to terminate cryptocurrencies. such famous people only have the power to manipulate the market. elon succeeded in musk. He manipulated the market and caused a decline in the market with some of his moves. but I think there is no question of this market disappearing or collapsing. The declines affect all cryptocurrencies, but this is something that happens all the time. nothing new. Do not be afraid.

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May 19, 2021, 11:21:43 PM
 #24

As long as the demand doesn't become zero, I don't think it is possible to see the price being zero also. So yeah, I also think that Bitcoin can't be destroyed easily. We can see huge decreases though like we are seeing now. But we will leave these days behind too.

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May 20, 2021, 01:07:52 AM
 #25

That's not gonna happen since those big companies have already done a good job by buying huge amount to increase the price up to this high and even though the others have already given up their BTC and sold it, the price will still remain because there are so many big-time holders now than before. It will not sink like how it used to be when the price was under $10,000. now we have reached the most ever high price it could get, it will be hard for BTC to fall again. instead, one should know how to use this golden opportunity since the price could recover and anyone who will gonna buy now will earn a decent amount of income when the price gets back to $60,000 again.

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May 20, 2021, 10:13:03 AM
 #26

is that government is using Elon to remove crypto in line of currencies?

governments have nothing to do with it, dealing with opinion and isolated actions of elon, he is acting according to his objectives. maybe he wants to buy more coins low and sell high to make more profit. fact Is that this cryptocurrency market has this great disadvantage of being manipulated by influential people like elon musk

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.

You should not invest money that you cannot afford to lose, this is the main rule of thumb in this market.

instead, one should know how to use this golden opportunity since the price could recover and anyone who will gonna buy now will earn a decent amount of income when the price gets back to $60,000 again.

I agree that there are currently many buyers who are buying very high amounts of bitcoin, for example Justin Sun "bought 4,145 BTC at an average price of $ 36,868 for an estimated $ 152 million"



it shows that many people are buying with each dip

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May 20, 2021, 10:34:14 AM
 #27

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
You shouldn't blame Elon Musk because what you have done with your family and your properties is serious. Would you do the same thing to play at casino? If the answer is no, you made a bad decision. There is no investment in cryptos, there is only gambling. You should spend your money in cryptos in the same way you would do it at a crash game. Risks are the same, crypto investing is just a big crash game, you can win several times your initial investment or lose it completely.

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May 20, 2021, 10:50:53 AM
 #28

As long as the demand doesn't become zero, I don't think it is possible to see the price being zero also. So yeah, I also think that Bitcoin can't be destroyed easily. We can see huge decreases though like we are seeing now. But we will leave these days behind too.
Correct, as long as people still demands bitcoin, I am pretty sure that we will be able to have the prices recover. I don't think that destroying bitcoin is even possible because as the quote above says, as long as there is a demand.

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May 20, 2021, 11:00:57 AM
 #29

Bitcoin has always been famous for its enormous volatility, especially at the most inopportune moment. Bitcoin can do anything - it can collapse and take off instantly, and this is very clearly visible on the price chart. It's just that you need to learn how to use this property. Good luck to all of us.
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May 20, 2021, 11:30:00 AM
Last edit: June 16, 2023, 10:05:06 AM by jessrandall69
 #30

I am a online model and I get paid in Bitcoin. I am afraid that I am new to understanding all of it. I was told about it last year and thought I would try it. It increase so much in value. But now lost 50% in value and I am worried. I hope it gets back to all time high or more. What to do  Undecided



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May 20, 2021, 02:10:44 PM
 #31

Bitcoin could crash again, like it did yesterday. Yesterday the market crashed again. But we can see the price of bitcoin and altcoin can go up again. Even if there is negative news that makes bitcoin price unstable. But if we invest in bitcoin in the long term, we will get very high returns. So don't be afraid bitcoin will crash again.

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May 20, 2021, 02:19:49 PM
 #32

Don't be intimidated or scared with all that is going on in the crypto world now, just keep holding that is what I can say and you wouldn't regret taking this action. Leave whosoever that is planning to crash anything and focus on why you invested in the first place.

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May 20, 2021, 02:31:46 PM
 #33


I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
And that you were wrong, it is a big mistake to fully relying on crypto, in this highly volatile market where you can never find assurance in the exchange of your properties. I don't know if you have to think that many times or you just brag by the people around you.

I can really imagine your situation now but since that, you have started it already, you'll have not choice but to keep strong and face the consequences. And maybe you have realized it now that there is no easy money in here and definitely there is no quick rich-scheme exists in crypto.

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May 20, 2021, 03:41:01 PM
 #34

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
Those people don't want to see crypto grows and replace fiat, so they don't like that. But with the power from the crypto that gives benefits to other people, crypto will grow in the future and solve the financial problem that fiat can not do. The government realized the benefits of crypto, but it seems they need more time to approve crypto.

I think you don't have to sell some of your properties to invest in crypto before you search for the benefits of crypto for yourself because that will be too risky for you. The crypto will fluctuate and more volatile than stock, so that can make you worry if you can calm down. There is no suggestion to invest in crypto with selling our properties without understanding how to make a profit from crypto. You need to remember that the risk will be yours.

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May 20, 2021, 04:09:52 PM
 #35

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
The entire cryptocurrency market was rallying for months and there was a correction last time and even though i thought we would have a much bigger correction the market was able to recover. You have risked a lot and you should not invest your entire wealth in any form of investment as the risks are really high and if you cannot profit with the rally we had in the past few months i cannot understand what will  Tongue.
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May 20, 2021, 04:40:40 PM
 #36

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
Bitcoin could crash and it is always happen in crypto.
It is normal for it to drop down it wouldn't always be going up investors are not going to invest on it continues they would surely take their profit anytime they want.
This is why we need to be careful on investment and to only invest what we could afford.
Everyone should already know that this is going to happen just look at the chart or price history you would know that there would always be this kind of event no matter how high it would fly.

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May 20, 2021, 04:53:28 PM
 #37

Of course that's not the problem friends, Elon Musk is just a businessman who is too reckless to invest in the cryptocurrency world, so he took advantage of his fame through his Twitter account which stimulated investors to invest and when Elon Musk started to stop accepting bitcoin transactions at Tesla company cryptocurrency investors and traders panicked selling which sent the cryptocurrency market back down

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May 20, 2021, 05:03:02 PM
 #38

I thought it would be hard to do things like the OP said, yes though I also don't know what big guys like Elon Musk think, but from my knowledge, prices are driven by a group of people and they want big profits by taking advantage of opportunities from a growing crypto community. what I said could also be wrong because it is just a personal opinion. but I believe that crypto has a great future, especially bitcoin.

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May 20, 2021, 08:28:18 PM
 #39

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.


If you have followed Bitcoin from the start it has always had huge up and down swings no matter what anybody says, including Elon   Its nothing new with crypto It will go down and people will buy and then will go up again ..it allways has ..
true, this happened so many times, people will sell and take profit from their investments at some point, and if those people had a big amount it could easily affect the price of bitcoin and make it go down, and others who didn't have a chance would find it as an opportunity to buy at a low price, and it would go back up.

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May 21, 2021, 12:51:05 PM
 #40

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.

Actually, what happened on BTC and other cryptocurrency is nothing new since it massive dips happened before. Moreover, Tesla rejecting BTC as a medium of payment for their product is not the only factor why BTC and most cryptocurrency coins crashed. I think the government doesn't have any connection with Elon Musk since he's a business man and he's doing all of that for the sake of profit.

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