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Author Topic: If Bitcoin crashes would this forum still exist?  (Read 656 times)
darklus123
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July 23, 2021, 03:20:04 AM
 #21

I kinda feel the ironic point of view actually. Come to think of it, if the bitcoin price crashes massively. Those who quit might actually be interested in investing back since it is more affordable. In fact, most of us are actually thinking that a massive drop in its value can actually be good for the bitcoin economy. As it becomes more stable and affordable to use in our primary transactions minding how ridiculous fees are.

Going back to the question. The simplest answer will depend on the admin's budget lol
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July 23, 2021, 06:21:50 AM
Merited by fillippone (3)
 #22

In practice, it seems to me that everything depends on the community, the forum has managed to stay closely linked to bitcoin, but in its operation, regardless of what happens with bitcoin, its operation depends on the enthusiasm that remains among the users and that obviously there is the (self) financing to maintain it.

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Following in the same frequency of your conjecture, if such a thing could happen it might be the moment when the new version of the forum comes into action  Smiley but such a thing in its application has the same dimensions of your question, how to know it.

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July 23, 2021, 07:09:43 AM
 #23

Actually, the forum has been losing users since a lot of time. I have been discussing this matter here:

Is Bitcointalk.org losing user base?


Nobody put that declining numbers of users with price in bitcoins. So I would rule out a crash of the forum because of a crash in BTC price.

The community of this forum is it’s most invaluable assets, and we have showed many time how irrelevant the price is for us (or, as @LFC_Bitcoin says, we look for a crash as an excuse to stack even more sats!)

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July 23, 2021, 09:01:08 AM
 #24

2018 happened and people in the forum are still about different stuffs and interest in the forum so I don't really think that this forum will go away anytime soon, maybe 50 years from now and the popularity of cryptocurrency wavers into obscurity, maybe that's the time that we will see this forum go down a natural death.

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July 23, 2021, 11:38:07 AM
 #25

Will the forum still exist if BTC goes to $0.00? Yes.
It will even exist if all the world gets together and charges people just to hold BTC and keeping it costs you real money.

Why? It is a revolutionary technology and people came together to discuss it and work with it and develop it, etc.

Now, will the form be the same as it was before? No, of course not it would adapt and change.

Don't believe me? Take a look around the internet, there are forums with 1000s of members discussing cars that were never popular and are no longer made, by manufacturers that no longer exist. If something like those forums exist, this one is going nowhere.

I am not a member of the Fiero club, I just lurk there and you can't prove otherwise. Smiley

-Dave

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July 23, 2021, 01:49:46 PM
 #26

Yes, The forum will continue to exist. We have endured many crashes in the past 5 years and will move past that. Active users might dwindle down a bit but still it will not affect the Legacy of Bitcointalk.
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July 23, 2021, 02:39:21 PM
 #27

If you want an answer to your question, just check the history of bitcoin price, and the date when this forum has been created, and you will immediately realize that this forum (and bitcoin) survived many price crashes in the past, and will most likely survive any future ones. So, no need to worry and instead better focus on acquiring as much as possible.

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July 23, 2021, 03:08:52 PM
 #28

Bitcoin crashed, burned and died so many times yet bitcointalk forum still exists, and it will exist as long as there is interest from people to write and be active here.


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July 23, 2021, 03:11:17 PM
 #29

Forums and communities don't literally die when interest in a certain niche crashes. Though yes, demand and traffic will drop. Remember when bitcoin's price dropped down to $3k levels? Yea, if my memory serves me right topics being created were far lower than we're having right now, but definitely not "dead".

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July 23, 2021, 11:44:26 PM
 #30

As the price rises this place gets filled with spammers and scammers. You should have been around to see the paradise that was bitcointalk when the price was at $2. I’ve said before that I would seriously consider trading Bitcoin’s price to have the old community back. Money is cool, but working together in a supportive community to change the world is way cooler.

So answering your question, this forum would not only exist if Bitcoin crashed, but it would likely be a much more positive and supportive place to build the future of decentralized finance instead of a mosh pit of users begging the existing financial system for investment.

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July 24, 2021, 01:56:30 AM
 #31

The tulip bubble, the Ponzi scheme, Bitcoin is still developing very well despite repeated doubts, but many people still do not have a firm belief that Bitcoin will not collapse, and Bitcoin forums will always be there.
 
I believe that rationality may be. Be late, but will not be absent.

Maybe after Bitcoin enters the bear market, everyone's enthusiasm will be less, but everyone is waiting for the opportunity. The true Bitcoin believers will continue to put forward suggestions for improvement of Bitcoin and work hard for it.
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July 24, 2021, 02:11:36 AM
 #32

I think the responses would've been more thought provoking if OP had phrased his question this way — Would this forum still exists if Bitcoin were banned globally? The issue of Bitcoin crashing (correction) means little or nothing compared to if it were banned by all nation's (though I know this is impossible).

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July 24, 2021, 08:08:29 AM
 #33

Bitcoin crash always exist dude and this forum never even had a pinch. This forum is mainly consist of Bitcoin and cryptocurrency global enthusiast and this forum bind us all for common knowledge that every newbie could find here. This is where you could learn about cryptograph and current events happening in crypto world. From politics up to announcements of new alts.
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July 24, 2021, 09:07:28 AM
 #34

Would this forum still exists if Bitcoin were banned globally?

They can't so let's say they banned all activities relating to Bitcoin like trading, mining etc globally, the forum would still exist and even become more stronger because now the whole 'when moon' topics and price discussion will be taken out of the pictures and more focused on building a community around Bitcoin will come into effect.

Now let assume there was to be a targeted attack on the forum with the hopes of the government thinking, if they successfully bring down the forum then the trust in Bitcoin will decline, I don't think they can do anything possible to bring it down too as all their attempts will be countered.

If all the government simultaneously banned the forum in their respective countries and the server which it's hosted on gets taken down, I'm pretty sure some other solutions will be deployed immediately. like the forum been hosted on decentralized server or probably the forum goes all dark web mode lol. One thing is certain, the forum is here for good and can't think of any possibility of it going out of existence unless it was caused by the internet going down.

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July 24, 2021, 09:24:19 AM
 #35

Every online community goes through evolutionary changes, and this one is no exception. Bitcointalk forum's existence in the future will be determined by its members, not by the value of bitcoin.
Bitcoin may crash, it may be replaced by a new bitcoin, aliens may take over the earth... but nonetheless, this community will run its course.

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July 25, 2021, 01:14:06 AM
 #36

They can't so let's say they banned all activities relating to Bitcoin like trading, mining etc globally, the forum would still exist and even become more stronger
Are you cocksure about that? I have observed how thinned out this forum gets whenever Bitcoin is eaten up by the 🐻, how a lot of people get discouraged coming and posting here, how traffic to this site reduces. Remember that FOMO creates a hell of noise while the 🐻 bestows silence on every group and communities. I think if there is a global ban on Bitcoin related activities with huge implications of imprisonment and death for defaulters, this forum will be drastically affected or shutdown.

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July 25, 2021, 03:02:38 AM
Merited by vapourminer (1)
 #37

This forum was created when Bitcoin was worthless, it will do just fine.

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July 25, 2021, 03:12:29 AM
 #38

They can't so let's say they banned all activities relating to Bitcoin like trading, mining etc globally, the forum would still exist and even become more stronger
Are you cocksure about that? I have observed how thinned out this forum gets whenever Bitcoin is eaten up by the 🐻, how a lot of people get discouraged coming and posting here, how traffic to this site reduces. Remember that FOMO creates a hell of noise while the 🐻 bestows silence on every group and communities. I think if there is a global ban on Bitcoin related activities with huge implications of imprisonment and death for defaulters, this forum will be drastically affected or shutdown.

What sick and twisted country do you live in that would punish someone to death for using bitcoin? I guess I shouldnt doubt that there are a few countries out there that would, which makes me sad that people have to live under such bullshit oppression.  I guess the same goes for jail time.  Hell China sends you to a "reform camp" cough prison camp cough if you don't simply conform to their religious ideals or god forbid two people of the same sex act upon their interest in one another.  Fucked up world that still needs a whole lot of work thats for sure.

I do agree though that it's likely that we see a fall off of activity if bitcoin drastically crashed.  But who knows.

The amount of hatred which is shown by the governments towards bitcoin is enough to ban it completely but the haven't been able to do in 11 years because THEY ARE UNABLE TO BAN BITCOIN. Since bitcoin can't be completely ban globally, there will be no major effect on this forum even if the price goes down temporarily for any reason.

Many countries have been welcoming of bitcoin as well. The US has been, but has stressed increased regulatory oversight, which I am all for.  However I disagree, if they wanted to "ban" bitcoin, they could to a very large extent.  They would disallow exchanges to operate or be accessible inside the country, which would make it so the majority of bitcoin owners would likely sell out of their positions.  As a financial advisor by trade, one thing I know to never underestimate is the overall panic just a little thing can cause, let alone something major like that.  Hell the stock market falls 500 pts and I've got clients calling me telling me the world is over.  

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July 25, 2021, 05:59:39 AM
 #39

What sick and twisted country do you live in that would punish someone to death for using bitcoin? I guess I shouldnt doubt that there are a few countries out there that would, which makes me sad that people have to live under such bullshit oppression.
If you truly believe what you said in that part I bolded, then I think your first sentence is contradictory. Obviously, it contradicts your second view. However, remember that what we are dealing with here is a hypothetical scenario. It's that simple. We shouldn't lose sight of how traffic reduces in this forum during bear season let alone when governments begin to clamp down on those who are into Bitcoin. Do you honestly believe this forum will not be affected? Obviously not!

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July 25, 2021, 06:23:52 AM
Merited by vapourminer (1)
 #40

If you studied the forum histories then you wouldn't create this thread. Just see records what was the Bitcoin value once the forum was established and after that, how many times Bitcoin price crashed and what was the impact. If you can find the record simply you will get your answer yourself although many users already explained it. Just learn a little bit by research yourself, so many solutions will be in front of you.

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