What If Bitcoin Fall??

[Franctoshi]

I would like to let you to share your ideas about what if bitcoin falls?? Let others to know about badconsequence people have to face if bitcoin falls. Thank you Guyz.

attention - i am not talking about bitcoin's current price action . i know these are buying opportunities for investors . I dont mean about bitcoin's price falling . i mean what if bitcoin isn't exist , what if bitcoin wasn't created.

At this stage of adoption of Bitcoin?
13 years of existence,
nearing regulation,
the only solution to the old finical system,
Bitcoin is the evolution of money and I don't think that is gonna be that possible to fall at this point in time rather more and more innovation will come out of this space.

But if that case should happen I only give it (1% )percentage chance.
1.Is that a lot of people are going to loose money
2.People would find it very difficult to believe in any form digital currency in the future

[lienfaye]

i am not talking about bitcoin's current situation bro. i know bitcoin will never fall. but if bitcoin not exist , what will happen ?

Then we dont have this kind of investing opportunity. We dont have Bitcoin to store our assets and most especially we dont have this digital currency that can works as an alternative to fiat as payment system. If Bitcoin didnt exist we're not here talking about crypto and probably our money are still in banks and we're paying everything in fiat. Its the opposite of what we currently experience today, just imagine that and you'll know.

[bakasabo]

If the things goes bad and Bitcoin fails, then bitcoin owners will get most valuable experience in their life. With time, something similar to anonymous payment system will appear, and those who were familiar with Bitcoin will be the first who will become billionaires, as they will be the first to invest while "new thing" cost nothing and are experienced to wait for couple of years and are sell at ATH.

[Ahli38]

I never thought there would be a fall in bitcoin. although the possibility exists. but if you look at the history of bitcoin from year to year then I only see bitcoin getting stronger and fud getting less and less influential on it. now the price may be down but today the decline is not only in bitcoin but in all sectors of the economy. there is even a country that fell recently namely Sri Lanka. which the president even fled.

but you say what if bitcoin doesn't exist? then I'll answer, if bitcoin didn't exist then you and all of us on this forum wouldn't be in this forum right now and creating a thread here on bitcointalk. even I question whether this forum whether there will be.

and if bitcoin is never created then the gap between the rich and the poor will widen. because after all, through the presence of bitcoin, many have been helped. and it is through the presence of bitcoin that online work is appreciated. I still cringe when bitcoin doesn't exist and imagine financial slavery controlled by certain institutions.

[Bambozled]

Agreed! There were many concepts that were getting rooted. If it wasn’t bitcoin, something else would be there.

[D ltr]

i mean what if bitcoin isn't exist , what if bitcoin wasn't created.

don't worry, let's go back to 2008, or before that we went back to fiat and depended on the bank that gave us the burden of the discounted funds we had for admin fees,
as we know the decline in bitcoin prices will definitely increase later but we don't know for sure when, for now just follow the flow of the cycle until it reaches the peak like in 2021 yesterday

[suzanne5223]

If Bitcoin is not created there will definitely be another form of digital currency because the idea of Bitcoin has been researched by some universities before Satoshi combine everything together with his own concept which is what lead to the Bitcoin we see today.

The thing is that we have alot of people independently running a race while the first to reach the final destination gets the reward and fame, Satoshi is wise enough to put his efforts into action, i don't blame him as well because he has spent alot of years developing himself on research about bitcoin.

This explains the story about Bitcoin creation but I don't think Satoshi that a huge amount of years of research about Bitcoin because some universities have already developed the concept and debated it while Satoshi digested it and added his own concept.

However, if E-gold was not shut down by the US government it could probably be the digital currency people will be using now if it's decentralized and no censorship.

That is for sure, there will be an alternative to that if bitcoin was not developed, that may not necessarily be the e-gold as mentioned, it may be another idea entirely but the fact remains that we will keep moving on with the advancement of technology as it evolves, now the meterverse is coming up, what should we expect than adoption.

You have a point because people are coming up with new concept every day, and the world especially innovative concept enthusiasts are ready to support technology that solves recent or future problems.
Having said that, Metaverse has been in existence before the NFT, P2E join the cryptosystem but it didn't get the support of people until Mark Zuckerberg make a statement about it. For you to be sure do some research about Metaverse projects like Spheroid Universe.
 

[Sebas.tian]

I would like to let you to share your ideas about what if bitcoin falls?

I don't think, Bitcoin will fall at this point because many people thought that bitcoin will fall during the pandemic that took over 1 year and some months in the world. And many countries economy was collapsed but Bitcoin is still standing strong for long term investors and short term investors to believe that decentralized currency is different from centralized currency. You need to have a good thought about Bitcoin, because before many countries started adopting Bitcoin they have carried out different research to know that Bitcoin was created to eliminate errors from the world economy and reduced employment from the world.

[Agbe]

. i mean what if bitcoin isn't exist , what if bitcoin wasn't created.

That means your subject and the above mentioned questions are not tally together. That is, they are not rhyme. If bitcoin has not been existed is different from what if bitcoin fall? Now if bitcoin has not been existed or noticed by anyone, then Good would have provided another alternative for the world. That is, that another thing would have been introduced by God. According to the "Holy Bible", nothing is new and nobody can do new things, that means, everythin has been programmed by God to exist. So we would have done another thing all together. And based on your real question you asked "what if bitcoin fall"? Bitcoin is a decentralized digital currency which is not controlled by anyone but the wealthy still have a say in the market. Based on that, they can buy a large quantities, and store it to make bitcoin scarce in the market and at that time bitcoin price would go up, and when they released a large portion of the bitcoins stored in their custody, the market would come down as bear market. So these are some of the differents of your question.

[amishmanish]

The fall of bitcoin can never become a permanent feature. Bitcoin is not a currency, its a technology and, its adoption is only going to increase with each passing day. Why? Simply because it is a more safer and efficient way of transaction of your money, than fiat.. So even if it falls, hodl it and buy it, because the storm will pass, as it did before.

[Issa56]

This is easily one of the dumbest topics in this forum. Title itself is misleading and op is asking nonsensical questions. So many people in this thread thought that he was talking about BTC price falling and replied accordingly.

My advice for op is to try hard and improve his brainpower in order to avoid asking such silly questions in the future. Just my 2 cents.

Am kind of suprise when I saw the topic and I notice that the topic is entirely different from the write up. In the topic he said what if bitcoin fails and in the write up I saw what if bitcoin those not exist. I think before you create a thread you should think about what you want to post and also look for a better topic for the post.
Actually I can't even imagine what will be happening currently if bitcoin those not exist because am sure this forum won't be created and I won't meet the friends which am having on the forum, Bitcoin have help lot's of people gain financial freedom, I used the money I make from trading bitcoin to pay my tuition fee in my school so without bitcoin I don't knw what will have happened.

[DaMut]

No correlation between the topic and the content. What's there to be afraid of bitcoin falling? Sell and buy back if you believe or afraid it will fall. It will rise so am not bothered about it falling. Dosent exist means its no longer valid so this is kind of different. Meaning if possible there won't be anything like Bitcoin or cryptocurrency. At this stage I don't think it can such. The only time that such narrative occurs is during bear season. Nothing to panic about.

[Dunamisx]

I don't think, Bitcoin will fall at this point because many people thought that bitcoin will fall during the pandemic that took over 1 year and some months in the world. And many countries economy was collapsed but Bitcoin is still standing strong

As for those that understand the logic behind the move in bitcoin price they make profit out while others realises failure through the impact of the covid 19 pandemic using fiat, if bitcoin could not tune to the economy system in fiat and yet not been affected by inflation and covid 19 pandemic all through this while, and also no any failure recorded throughout the 13 years of bitcoin existence then i believe it's a currency everyone should learn to use for a rescue from danger in fiat.

[Silberman]

i mean what if bitcoin isn't exist , what if bitcoin wasn't created.

Why bother asking questions that actually have no use for discussion. For example, Bitcoin doesn't exist? the answer is that you will not know anything about Bitcoin, nor will altcoins and shitcoins be born, you will not make money in crypto, and maybe you will be a fiat slave forever. That's a typical answer, so what kind of answer do you expect?

I agree, besides the question doesn't really make a lot of sense because Satoshi created bitcoin by putting together several concepts which already existed, this tells me that something like bitcoin was about to be created by someone, and even if Satoshi did not created bitcoin someone else could have created something similar, the difference is that we do not have any way to know if that hypothetical coin will be as good as bitcoin or if that person will be generous enough to make the code open source and give bitcoin to the world instead of keeping it for himself.

[Botnake]

i am not talking about bitcoin's current situation bro. i know bitcoin will never fall. but if bitcoin not exist , what will happen ?

Then we dont have this kind of investing opportunity. We dont have Bitcoin to store our assets and most especially we dont have this digital currency that can works as an alternative to fiat as payment system. If Bitcoin didnt exist we're not here talking about crypto and probably our money are still in banks and we're paying everything in fiat. Its the opposite of what we currently experience today, just imagine that and you'll know.

LOL.. If bitcoin doesn't exist then this forum didn't also exist at all and talking about what's good and bad, and other news about cryptocurrency. Satoshi Nakamoto made an interesting and useful invention that actually helped all the people around the world to get themselves safe from inflation, also SN made us a whole lot of new options to choose where we could invest our spare funds rather than just letting it sit in the bank and viewed as a dead money.

[Slow death]

if bitcoin didn't exist, the government of china would have less headaches, they wouldn't have to be making nonsense comments about bitcoin, there wouldn't have been many scammers, there wouldn't have ICO, defi, and so many projects (most of them meaningless), there would be no mining, no exchanges, no altcoins, man there would be so many things that would not exist. just thank you that bitcoin exists and buy and earn money from them

[lixer]

If bitcoin falls, I'm curious how much the price will fall because it will obviously make many people panic and sell their bitcoins fast. They will no longer care about bitcoin and want to leave bitcoin forever. But those who understand bitcoin's potential for the future will definitely take advantage of the opportunity to buy bitcoins at low prices. Likewise, investors will do because they see a great opportunity to buy bitcoin at the lowest price.

Same here to be honest, I wonder just about how much it would be sold for and how ready traders would be to quickly sell off their assets out of fear or disappointment.

But one thing is certain about any fall, though the chances of it happening are very slim and that certain thing is, there would be some expert traders and big time investors who with courage and belief would rather take opportunity from the situation rather than panic. They’d rather buy and accumulate as much as they can with the hope that after a fall, comes a rise! Especially since it’s Bitcoin we are talking about, it can surely rise back.

[sysoe]

What do you mean by fall ? I mean the prices can decrease sometimes but it is temporary.

[Dunamisx]

if bitcoin didn't exist, the government of china would have less headaches, they wouldn't have to be making nonsense comments about bitcoin, there wouldn't have been many scammers, there wouldn't have ICO, defi, and so many projects (most of them meaningless), there would be no mining, no exchanges, no altcoins, man there would be so many things that would not exist. just thank you that bitcoin exists and buy and earn money from them

You're right, bitcoin main intention by Satoshi is to make everyone have a decentralized network that is within the reach of everybody to make use of in the economy runnings but sadly enough many has taken this for the doings of evil through their personal desires, there's no doubt bitcoin is the eye opener to all other cryptos and either with bitcoin or not scam has been in existence and will hardly cease to exist although it might not be in bitcoin but scam is totally inevitable.

[Isoprofit]

Bitcoin fall is a decrease in the value of Bitcoin. It generally happens when there is a large sell-off of Bitcoin, and can often be precipitated by news of a negative development in the cryptocurrency industry. For example, a major hack of a cryptocurrency exchange might lead to a sell-off of Bitcoin, which would then cause the value of Bitcoin to fall.