Is the crash in bitcoin price a threat to forum existence?

[xSkylarx]

but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

How can you say that its possible for bitcoin to lose its value. What happening now is normal, people that had been here way back 2018 experienced much worse but this forum didn't stop to operate during those times. I don't see this website to shutdown in the future as it is a big help to anyone that want to start their crypto journey. Some members here can already be considered as an expert in some field of crypto like gambling or trading who can give advices to newbies.

[Luzin]

Nothing to do, it's strange if you associate it with the closure of a website or forum and the price of bitcoin. I think at the moment the decline is still in the normal category. This happens according to the previously existing cycle. This forum has lived for a long time, even this forum is very helpful for crypto users. There is no reason for the current closure.
At present, the world economy is indeed in a bad state. Fed interest rates are rising, stock markets, crypto, forex are all in the red.  So as long as the consensus of trust in crypto continues to exist bitcoin will not reach a price of zero.

[Cookdata]

Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

If bitcointalk didn't crash during the market's pandemic, I don't think it'll be affected by the short-term sell pressures. I wasn't here, but I had some shitcoins back then and I was watching the market bleed like crazy, the whole world was shaking, and what was coming out of every media was Covid and financial collapse, job losses, food shortages, warehouse break-ins by hoodlums, and movement restrictions in almost all countries, but today, we have just food shortages and high inflation, with institutional investors and retailers withdrawing some of their money. Don't worry, the forum will function normally, although there will likely be a small number of newbies.

[decodx]

<...> assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

You clearly did some serious research before you created this topic, perhaps you can answer my question: what was the value of bitcoin at the time this forum was founded?
I couldn't find that info anywhere ...

[Viscore]

Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

Bitcoin and forum would never affect each other simply because, the forum is only an outlet where we can learn about bitcoin and how it moves in the market. Its rise and fall will never threat the forum, as the forum itself has nothing to do with how bitcoin moves in the market. The market will dump or pump, but the forum has nothing to do with it.

[Vaculin]

Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

How did you come up with this kind of analysis? Honestly, there’s no connection between the price of bitcoin and if ever the closure of the forum. Bitcoin will always dump its price so does it means it always threat the forum? That’s not going to happen even if they become inseparable, the forum may be closed in the future but that’s maybe for another reason, not because bitcoin has dropped its value.

[Jatiluhung]

maybe a decrease in the number of visitors that will have an impact on this forum if bitcoin continues to experience its worst.
But I don't even have the slightest thought that bitcoin will fall badly. If we look and read the history of bitcoin itself, we can find a lot of news in the past that wanted to drop bitcoin. but in fact bitcoin is growing rapidly and more and more people are aware of the advantages of bitcoin.

more and more bitcoin is hit by bad news. the more famous and well known bitcoin is.

so the people who badmouthed bitcoin turned out to be in fact they were the ones who helped bitcoin become so much better known now.

and seeing the growth of the community in this forum I think this forum will get better and better.

[pooya87]

Within this weird question lies an interesting observation: bitcointalk is purged with each crash.
Every time we have a major market crash where bitcoin price goes down a lot, all the altcoins dump much harder. That means the incentive to create new shitcoins or pump the existing ones dies and that kills a lot of activity on bitcointalk, specifically in the altcoin boards. For example comparing 2017 with 2018 activity shows how the shitcoin scammers went away during the crash year.

[Despairo]

If the crash would threat to this forum existence, your thread wouldn't have been replied with 27 replies instead only few replies since many users away due to this crash. I don't see any relation between crash and this forum existence, I'd say if the bounties section and signature space got removed, then I believe 100% it will have big threat to the forum. Perhaps we will see around 90% activity will down and every sections will be like serious discussion where the reply very rarely.

[Darker45]

First, could Bitcoin cease to exist? I don't think so. Even in the imaginary situation that Bitcoin's price goes to zero and all the nodes went offline and all miners ceased to operate, it doesn't necessarily mean that Bitcoin is dead or that it already ceased to exist. It could remain like that for decades and somebody could revive it anytime and all the data and Bitcoin are still there.

But it doesn't have anything to do with this forum. The forum continues to function. After all, its operation is not in any way dependent to the network. But the question is, would there still be anybody who wishes to discuss about Bitcoin when the price is already zero and the network is stagnant? But again, the forum's functions could go on. Discussions could be focused on something else.

[Victorik]

Nice line of thought,
But I honestly do not think that BTC can stop to exist.
Also, if eventually I does, I do not think this forum will stop functioning because of that.
It may reduce the number of users of the forum.
 You need to also understand that this forum contain discussions that have no connection with Bitcoin.

[Mr.right85]

I have been here for a while and I can tell you that, nothing is going to happen to bitcoin. There isn't any anticipated crash for the commodity as this is supposedly a reoccurring phenomenon, expected to occur in every 2-3 years after the halving as an introduction to offer the incoming halving.

Haven't said that, the forum has its core rooted in learning, learning of bitcoin and altcoins alike. In recent times, some other digital innovations have com into the picture like, the metaverse, NFT and more. Al these aren't bitcoin although, the effects on bitcoin is sure to create a relative impact on them all but, all these are discussions that are done on the forum. Hence, they would always take a page here if whatever happens.

Lastly, some users have taken to themselves here and have even got a club. Out of sentiment, I believe some countrymen might have even met in person while others just enjoy sharing ideas amongst themselves on the forum. These will continue but the expectancy of new members is what might drop significantly.

[aysg76]

What direct correlation does the forum and bitcoin prices have in them? This is a general discussion forum and you would see lot more threads in these dips period as people are curious and panic to what's happening.

The forum was established in 2009 by Satoshi and you could see it here : Welcome to the new Bitcoin forum!

And the first exchange rates that were set in the same year were around $1 which you can clearly see in this picture :



So when the prices were around $1 the forum lose it's existence or see more growth with time? So don't know how you can mix them up but that's not how it works as we have seen many crashes and you could see many reasons behind current dip like possible insolvency of 3AC and others but in long run bitcoin will gain its momentum back.

The forum has seen decline in registation but still it's very good growth and being the best bitcoin and crypto community all over.

[PrivacyG]

Bitcoin Talk existed before Bitcoin had actual value.  So if Bitcoin will have no more value, why would it cease to exist?

I believe the idea that Bitcoin will one day have no more value is obsolete however.  I for example will always think Bitcoin has value as long as it is not compromised in the events of say Quantum Computing exploits that make Bitcoin unusable.  And if Quantum Computing gets to destroy Bitcoin, by the time there will likely already be a solution prepared behind the curtains.

Anyway.  I doubt there will be no more 'geeks' that would continue to care about and use Bitcoin in the event its price crashes to, say 2010 levels.  That includes me.  I will continue to be here for it.

-
Regards,
PrivacyG

[2stout]

Nope, that ship has passed some time ago- if it ever existed.  At best, possibly earlier in trying times when Bitcoin was in its infancy.  However, Bitcoin has shown quite a maturity, resiliency, more use cases, exponentially more users, and is much more established.

[Taskford]

This forum didn't collapsed before even if the price of bitcoin is so low so I can't imagine on why would that incident will happen? This forum still earns huge traffic everyday so if many people still using this we can't see this forum go out of nowhere.

Also for sure we can see this forum exist for more years even if the market do some crashed and pumped schemes.

[GeorgeJohn]

Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

actually this forum is built for Bitcoin technology and the possible ways of contributing for the benefit and upliftment of the community,the common goes of bitcoin forum is to bring suggestion that will promote and prompt anything that will make Bitcoin not to collapsed. Specially if bitcoin is not long in existence, it's very obvious that theirs every tendency that the community will not be functon able for existence, except Bitcoin normalized.

[Shamm]

If the price of Bitcoin still goes down in the future and maybe gets the lower value for me the forum will still exist there are many other discussion in the forum not only about bitcoins but other coins also, maybe if the price of bitcoin are less than one-hundred dollars, if this forum still exist for sure a lot of changes maybe some user will leave and some will stay. but the last decision is from our admins and staff cause they have the power and they controlled the forum .

[isaac_clarke22]

Bitcoin price was even lower than 6k around 2017-2018, if I can recall correctly. This forum is not heavily tied with the price of Bitcoin. It is a place for discussions and conversations, OP just like any forums out there. It will continue to run and exist I am pretty sure. There are a lot of stuffs to talk about Bitcoin and crypto and it is not just all about the price itself.

[Rengga Jati]

.. but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

Do you think that Bitcoin will not rise up again or even dead because of this current market?
Well, this may be new to you, this market crash may be new. But, in fact, we have been experiencing this situation several times. This is a bearish era where Bitcoin will be dumped enough, don't be shocked, but the possibility of Bitcoin to dump again at worse than the recent rate will be still possible. But, this is Bitcoin, something special that we have known so far. Although it has experienced several times of the bearish era, big crashes, in fact, Bitcoin can still be able to rise up again, moreover during the bullish season later. the chance to rise up is more significant.
So, don't panic too much, learn from this current market to be able to decide what is best for you. Don't panic because of this recent rate because panic will only make you worse.
This forum still exists and will be still, for there are so many discussions here.