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Author Topic: Is the bitcoin going to burst anytime soon  (Read 531 times)
fullhdpixel
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November 06, 2021, 08:18:15 PM
 #81

Tell your wife never ever try to take serious words from banks because there are in chase to bring cryptocurrency down and in their desperation nothing that will comes from their mouth but to put down the cryptos.
Much as I don't think highly of banking and bankers, or anyone in that line of work in general, I'm not sure I'd be telling people to chuck their advice away in favour of 99% of crypto experts, influencers, all due to respect to you guys here of course. I think the forum's got good heads, more than anywhere I've been... but even together they're a painfully tiny minority who won't be seen or heard in the ocean of shockingly misinformed loudies everywhere else online.
That is the truth, isn't it? I mean we are all in crypto but the reality is that we are seeing how crypto could become something that is only an alternative to what we have and not the main thing. If anyone tells you to do that, then ask them how they are paying everything with crypto without ever using any fiat.

Majority of the world do not have that option which means that we can't really live like that at all. I personally believe that we should be in crypto as much as possible, but that "as much as possible" is not a lot right now, it is quite low number. Which is why I believe that we will probably just use it for investment, that is how people have approached so far and that will continue for a long time.

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November 06, 2021, 08:58:16 PM
 #82

My wife was in a Chase bank today and overheard a chase bank rep stating to a customer, that the bitcoin is NOT going to last much longer.

Lasting and longer lasting are two different types.
Bitcoin will not last means it will not be traded or seen in the digital world, long lasting belongs to its price.

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Especially because the bitcoin continuing to grow in value. I guess that as a result of the increase and nothing backing and/or supporting it.

Btc grows in value but don't you know that it has a limited finite supply that cannot be altered? Is the banker crazy while thinking that nothing backs btc? Are institutional powers nothing?

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If somehow there could be a discontinuance of the bitcoin,
how does this effect the other forms of cryptocurrencies???

This will not happen by any means, because btc and crypto will be here for decades and if that happens for btc, there will be another cryptocurrency which will take over btc but not all of them will burst in their values.
Wong Gendheng
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November 07, 2021, 04:08:54 PM
 #83

The end of the year like now will make the market very busy, I often trade on Pancakeswap and many new tokens are very promising and of course this will have an impact on the market in general and bitcoin is the coin that has the most chance to be the first to burst which usually happens in december.
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