If the current Bitcoin suddenly becomes a bubble overnight and never recovers

[TOM Bb]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

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[Prettyjing34]

Suppose that one day Bitcoin suddenly plunges overnight, and from then on it begins to fall. There must be people who want to liquidate their positions. The liquidation comes in batches. Whoever has higher leverage will be reported first. If someone is in debt to buy coins, they will sell their house and sell their car to repay the debt after the liquidation. Remember that a couple brought them some time ago The tragedy of children jumping into the river together. There is no product that only rises and does not fall. There must be a bottom line for this type of investment: no leverage, control of positions, and no borrowing to buy. Big boss Musk bought 1.5 billion usd of Bitcoin, which is a very low proportion of his company's total assets and can be ignored. Even if Bitcoin drops to zero, the boss has nothing to do. It is more likely that the big brother will only start to fall after it is sold out. How can sickle and leeks be compared together?

[ROSE B]

Nothing will happen, at most you will see a lot of social news about suicides, jumping from buildings, bankruptcies, and then in the next few years the world will be like Bitcoin that has never appeared.

[BETTY B]

It's possible to become a bubble overnight

I can't recover anymore, it's totally impossible

Unless there is a disruptive storage method

[DapanasFruit]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

The question and concern of Bitcoin being a bubble has had been discussed so many, many times not just in this forum but also everywhere there is a topic on cryptocurrency. And many times over, it is proven that Bitcoin is not a bubble and is here to stay for good. I understand that newcomers to Bitcoin can be afraid that one day Bitcoin will just go worthless or zero in value. I am happy to note that as of now, it is not going to happen. The current dip is not the biggest downturn for Bitcoin - in fact, this is just peanut and very temporary.

Days from now, you see the market picking up the pieces as if nothing happened. Just skip into that timeline in case you are in real doubt of Bitcoin's capacity for a great comeback. How many times had Bitcoin been declared DEAD? Amazingly, no one is declaring it to be dead as of this time...all because we know its history and its unquestioned resiliency.

[Obito]

Nothing will happen, at most you will see a lot of social news about suicides, jumping from buildings, bankruptcies, and then in the next few years the world will be like Bitcoin that has never appeared.

That's a bit far fetched, there was stock market collapse but the myth of people jumping off the building is persistent that you thought it is going to happen to crypto too. Remember that there is no trading firm for crypto so how will they even jump. Maybe the world will move on but I am pretty sure that there will be a lot of people that aregoing to stay faithful hoping that everything will go back.

[Argoo]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

Bitcoin can drop very much in price, but it is unlikely to ever drop to zero. Even if this happens and bitcoin loses a significant part of its price, this means that its holders will suffer very large losses. However, the world of cryptocurrency will not collapse, there are already more than ten thousand altcoins and many of them are quite useful and convenient for people. Altcoins will already exist anyway, even if something happens to Bitcoin.

[Chathusand]

You'll see the market picking up the pieces as if nothing occurred in a few days. If you have any doubts about Bitcoin's ability to make a spectacular recovery, simply go to that timeline. What was the last time Bitcoin was pronounced DEAD? Surprisingly, no one has declared it dead as of yet. All because we are aware of its history and unquestionable resiliency.

[blockman]

The world will don't care if that happens. There might be another run that shall on bitcoin because you cannot stop us, the people that are believing on bitcoin. If the crash happens and it's really bad as you're imagining, you'll see a lot of people and even the whales will get all of those bitcoins at sale. It's highly unlikely that bitcoin will never recover. With its attitude and characteristic, being volatile makes it even more easy to recover whether an overnight bubble burst will come.

[nightrider]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

If Bitcoin suddenly becomes a bubble overnight and never recovers, the world right after is very bad. Many companies, investors, Bitcoin players will go bankrupt and suffer heavy losses. I don't want that to happen because all my assets are in Bitcoin. Bitcoin becomes a bubble then it will explode or evaporate immediately, my chances of making money will be gone. The press and media will begin to cover Bitcoin. A few years later everything will settle down and no one will remember BTC

[nurilham]

Are you a newcomer, bro? Have you learned deeply about Bitcoin and its market?
Bitcoin may be a bubble in the past, but it is not today. There are too many parties involved in the crypto industry, we won't let Bitcoin be a bubble and not recover. Instead, Bitcoin will be stronger with more supports from popular companies and people around the world. Even top football clubs and famous people have their crypto coins right now. How can this will be a bubble, bro? 

[Nunoluck]

For me that is just over thinking about current market situation. That way of thinking is what made me loss alot of money. When I have a numbers of BTC (maybe 2 or 3, I forget) my family strongly push me to sell all of my btc when bear market is coming at that time and I can't resist that. I tried to understand them because my family is poor so I sold most of them and leave some because I believe that bitcoin will be something bigger in the future. At that time I don't understand what cut loss is so I just withdraw all the money. What I understand now is I should not sell my BTC when the price fall too deep or almost reach the lowest level, If I want to sell I have to sell before or at the peak of bull run or when the price fall 10%~25%.

[ecnalubma]

If that crazy thing happened I think people will be very frustrated and unhappy, but if you believed in Bitcoin’s fundamentals it’s unlikely to happen because it is created with a unique purpose. If people really intended it to die they could have done it earlier but look at it now after a decade people still want a piece of it.

[PIR]

well if that happened it's as if its nothing and never been created, but as you can see bitcoin is still here and still many investor wants to invest on it. bitcoin may go up and down but never become bubble because many people believe in it and has been tested for a years and so those who've known it can attest to it.

[Lucy Bitcoin]

This is a crazy idea. I don't think bitcoin will turn into foam. Maybe copycat coins are possible.

With the development of blockchain technology, the market of cryptocurrency and bitcoin is booming, and countries are more closely connected, which means that bad things will not happen.

[Velazqe]

Nothing will happen. The attribute of investment is that there are gains and losses. High returns must be accompanied by high risks. Bitcoin is a string of digital codes, which has no value in itself. Its value is given to it by its believers. As more and more people believe in its value, its price will become higher and higher. It is like a famous painting. The paper and ink itself is not worth much. The value is given to it by people. Painters, painting styles, allusions, etc., are all factors that make a painting valuable. Similarly, the more people appreciate it, the higher its value.

[poodle63]

Well that's a big if but what  another outcome you expect from such crisis to happen? it's definitely gonna be like dotcom bubble
many people gonna be devastated but we move on and everything become normal again, however I need to point out that bitcoin bubble doesn't seem
to be happening in the future, but I could be wrong however the development of blockchain from many sides help solidify blockchain based product in the market
that it will be more resilient compared to the dotcom hype, but that's just my opinion from a beginner like me, anything could literally play out in the future so stay
vigilant.

[Fundamentals Of]

Nothing. The world will go on, business as usual. Something will happen to those people who have Bitcoin. They will lose some of their worth. But the rest will not be that much affected. Bitcoin is not as vital to the world as you may think, at least today. The year will come it will have a larger role to play in global finance though. But it has yet to happen. For now, even though Bitcoin is already in the mainstream, I think it won't affect the world's financial stability if it suddenly crashes.

[proudhon]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

What will happen is what is happening, because bitcoin did become a bubble and it will never recover.

[Silberman]

If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?

While that is never going to happen this would be a considerable blow against the liberties of the people, right now we are facing a battle, government and corporations want to centralize everything and gain access and control of your personal information in an attempt to have complete control over the economy and its participants, bitcoin offers the opposite, bitcoin offers you complete freedom to do as you please, if bitcoin losses the battle then I doubt we will see any legitimate attempt to decentralize the economy during our lifetimes.