Bitcoin can not crash

[Botnake]

The market crash has a different meaning in crypto, it's just a game in crypto because bitcoin could dump 50% now and bounce back the next day. We don't hold the future of bitcoin, but we have a lot of supporters/investors who will make bitcoin survive and its chance of failing is low IMO.

Just get used to the bitcoin crash as it has become normal, I've seen many scenarios like that in my many years of stay in crypto, it doesn't make me panic anymore.

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[AicecreaME]

People that got involved the the pump and dump doesn't have any full control on cryptocurrency to remove it just like what you were thinking. Cryptocurrency is independent, like it's alive without anyone's control. However, it's price is volatile and could be manipulated somehow, that's why it's price went down to $40,000 because of Elon, but that doesn't mean he could kill it.

They could ban it, spread rumors about it, bad-mouth it, but Bitcoin will still dominate everything on it's path, especially fiat.

[ultrloa]

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.

But actually it start the fire and those other fuds follow, I don't know if those spreading fuds is true since any one can write that article just to scare people and force them to dump their coins and now guess what bitcoin price seems became stable after the dump and might we will see more from it since there are several guys are hyping it now.

[omaralirajbd]

Dear friend I think Bitcoin is best cryptocurrency in the world and I belive bitcoin can not crash. Day by day bitcoin user increases. Some bitcoin holder down market to buy bitcoin. I think long time bitcoin invest profitable. Whole cryptocurrency market depend on bitcoin movement. So If bitcoin crash whole cryptocurrency market crash that not possible.

[virasog]

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 are not here only for the adoption of the crypto currencies. Most whales and people with a lot of bitcoins want to manipulate the market to increase their wealth. They will not care for the overall adoption of the market. They will just pump and dump the bitcoin to increase their own portfolio.

[michellee]

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.

That is what happens to the crypto market. The price will go down and up again, but unfortunately, we do not know how high or low the price will go and only predicting the price. This time, the bitcoin price crash to a lower price and many people worry about seeing if the price is getting down for more while the others are ready to buy more bitcoin. But it will recover soon and the price will start to rise and who knows, the next thing that we will see is another rally to break the $64k and still increase. So be patient and still try to have more bitcoin.

[cryptozanga]

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.

Believe, it can, and very hard, in fact there is not bottom in cryptocurrency.

[zanezane]

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.

Amen to that, if you know how to take advantage of it then you will not worry about the prices going up or down because either way, you are going to profit from it.

[kayiboyu]

Until there is no last man standing who uses Bitcoin left, I think there is no way that Bitcoin will crash completely. It is the oldest cryptocurrency in the market. And people give credit to it more than the rest of the cryptocurrencies in the market.

[FatFork]

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.

That is what happens to the crypto market. The price will go down and up again, but unfortunately, we do not know how high or low the price will go and only predicting the price. This time, the bitcoin price crash to a lower price and many people worry about seeing if the price is getting down for more while the others are ready to buy more bitcoin. But it will recover soon and the price will start to rise and who knows, the next thing that we will see is another rally to break the $64k and still increase. So be patient and still try to have more bitcoin.

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.

[herurist]

This week has been the worst week of my day, I started to worry about my asset ownership in biitcoin which is getting smaller and smaller and I'm depressed seeing the market now.
yesterday I planned to sell all my assets but I tried to think positive again because I believe this is not the end of everything.
it is true for now my assets are shrinking and the amount is not small, but I will continue to be hodlers because I believe my assets will return to normal and possibly will continue to grow in the future

[bitzizzix]

This week has been the worst week of my day, I started to worry about my asset ownership in biitcoin which is getting smaller and smaller and I'm depressed seeing the market now.
yesterday I planned to sell all my assets but I tried to think positive again because I believe this is not the end of everything.
it is true for now my assets are shrinking and the amount is not small, but I will continue to be hodlers because I believe my assets will return to normal and possibly will continue to grow in the future

What do you feel? Probably most bitcoin users feel the same way, and but it's too late, hold on tight no matter what happens even though it will fall deeper.
I feel the same way about you and feel sorry when there is a feeling of wanting to sell and then I doubt that in the end the price continues to fall, the best option is just HODL and won't do anything stupid, selling it at a big loss.

[Jawhead999]

Bitcoin could crash since there's nothing impossible in this world. It really depends on the market whether Bitcoin still become the best currency (decentralized, pseudonymous, safe etc) so people can still interested to buy Bitcoin. If someday in the future will we see another new currency with new technology that even better than Bitcoin (it's unlikely IMO) people might interested with the new currency in the long run when they can start trusting Bitcoin after 7-8 years like Bitcoin reach it's past ATH on $20K.

[decodx]

With the current situation as well as the ongoing scrutiny around cryptocurrency miners and exchanges in China, investors are looking for a safe-haven investment option, be it traditional or digital ones. Especially since everyone is now focusing on what a lack of Chinese miners means for bitcoin price.
The crypto-world is no stranger to this. All this has already been seen.

[verita1]

I am in solidarity with OP, right now something similar to him happens to me. I am encouraging my family to invest in cryptocurrencies for a few weeks now and with Elon Musk's FUD. I think I'm going to give up on the idea because it is complex to tell you about the roller coaster that is bitcoin volatility and its effects on the cryptocurrency market.
Now I understand why it is difficult for us to reach mass adoption, because it depends on us and break the tentacles of centralization.

[michellee]

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.

Indeed. We hope people who want to invest in bitcoin can learn more about bitcoin while they invest some money in bitcoin to prevent panicking or worrying about the price volatility. If people can have knowledge about bitcoin, they will see how big the potential of bitcoin they can get and give them a big profit.

In this volatility, people will have a chance to buy more at a low price because this price is really deepest than the price in the last weeks.

[Saint-loup]

This week has been the worst week of my day, I started to worry about my asset ownership in biitcoin which is getting smaller and smaller and I'm depressed seeing the market now.
yesterday I planned to sell all my assets but I tried to think positive again because I believe this is not the end of everything.
it is true for now my assets are shrinking and the amount is not small, but I will continue to be hodlers because I believe my assets will return to normal and possibly will continue to grow in the future

I feel sorry for your loss but newbies shouldn't invest in cryptocurrencies, because high volatile assets are not for newbies. The price of Bitcoin is just the same as it was 3 months ago in february. So if you are depressed it shows you made something wrong like investing at All Time High price funds you can't afford to lose. Otherwise you are not enough strong to invest in a high volatile asset like cryptocurrencies.

[indo1]

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?

It's just a game of the whales, they just want to buy at a cheap price, spreading bad news to destroy makes most people panic. Finally, some people sell losses, and they buy a lot. then again support bitcoin.

[elisabetheva]

I think we shouldn't be too persistent. Bitcoin's trend seems to be downward. One should not take action against the trend. Need to be careful. Big wins.

Obviously no one can deny that it is currently under deep correction, it is a fact. but we don't need to be apathetic that bitcoin always happens like that and there will always be improvements and we have to believe that even though it may seem difficult but there will always be as bright as hope from bitcoin in every unexpected moment. Moreover, the trend of bitcoin is expected to continue to improve until the end of the year.

Trying to fight the current will not make us profitable, We must know when we enter, I think the market is now bearish, remain careful to enter, and not panic, in order to take advantage of this moment.

not always what goes against the flow will always be guaranteed to lose or not profit, it could be the opposite. because in crypto nothing is impossible, anything can happen. Moreover, it is known that the time for bitcoin to improve will continue to happen until the end of this year.
If we believe that there is currently a very deep correction, it could be beyond the unexpected analysis of the effects of bad news @elonmusk and banned bitcoin in China. we are waiting for the next news like what.

[mr_ROBOTT]

As far as I know, the digital currency market is not limited to one person or one government. How did we get to $ 40,000 before Elon?
Were there any big companies or Elon at that time? No, because Bitcoin and all digital currencies depend on people and their purchasing volume, and you can be sure that digital currencies will win again in the end.