What If Bitcoin Fall??

[BobK71]

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.

I'm pretty sure the current state of Bitcoin will not be destroyed until the world collapse,  If there have such an issue, we could have seen it long ago. We can trust it’s high price volatility that can be much reduction . Since this is a trading platform, it is not uncommon for this to happen. So I’m not willing to think about impossible supposition. Where I always dream of holding BTC.

[yazher]

Do you mean what people will do if bitcoins will lose their value? or it might not be useful in the future anymore? Well, these kinds of speculations are just mere delusions by those critics who continue to find ways to criticize everything about bitcoins. Bitcoin nowadays already made its historical massive popularity all around the world and most people know how important it is to have bitcoins as their assets to avoid the banks from getting control of their money. Bitcoin will move forward and the price will not allow it to fall, volatility will remain until it reaches its maximum price and it will stay there like stablecoins.

[Aartico5]

Bitcoin will never fall, in the current future price of bitcoin may reach its bottom but considering the technology behind Bitcoin and its current implementation in businesses clearly indicate that Bitcoin will create history by reaching ATH.

Since Bitcoin's launch, there were many times, many entities have had rumours about its failure, But to date, Bitcoin has proved its existence.

[yhiaali3]

This is a hypothetical question of a philosophical nature, such as if cars did not exist and were not invented what would have happened? Nothing will happen. People will simply find a way other than horse-drawn wagons to get to distant places more quickly.
 Same with Bitcoin. If Bitcoin didn't exist and wasn't invented, people would simply have found something else more sophisticated and dynamic than paper money and the banking system.
 Life is progressing in only one direction, it is changing and never stops. There is an existential inevitability that pushes people to constantly evolve for the better and faster, so if Bitcoin did not exist, something faster and more advanced alternative would be invented than paper money.
 But simply bitcoin exists and this question makes no sense.

[cheezcarls]

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.

If Bitcoin wasn’t created, for sure until now I would still be struggling with my life and remained a disappointment to my family. I would likely gonna end up being forced to take a civil service exam and applying to work for the government just to earn minimum wage.

And worse, I would still end up having a lot of debt if Bitcoin wasn’t created. It would be very hard for me to see Bitcoin and the entire crypto market disappear. I would be in total despair since this industry has saved me from financial distress. Even if I was hacked $12k+ last time, I am still very happy right now of my current position as I am in good hands and getting closer to being fully recovered.

[FlamingFingers]

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

If bitcoin does not exist people will still be trading their forex trades and all other stuff, if bitcoin does not exist you won't be in this forum, if it doesn't exist you won't know anything about altcoins, to me I don't think that the question is necessary because its a pretty straightforward question, because nothing will happen if it does not exist, people will definitely find another means.

[virasog]

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.

Why would you think of things which are impossible to happen. Bitcoin is here and it will continue to exists. So there is no point spending time on things which aren't possible.
Prior to 2009, there were no bitcoins and hence you need to see the history on how was world without bitcoins.

[Minecache]

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.

If Bitcoin wasn’t created, for sure until now I would still be struggling with my life and remained a disappointment to my family. I would likely gonna end up being forced to take a civil service exam and applying to work for the government just to earn minimum wage.

And worse, I would still end up having a lot of debt if Bitcoin wasn’t created. It would be very hard for me to see Bitcoin and the entire crypto market disappear. I would be in total despair since this industry has saved me from financial distress. Even if I was hacked $12k+ last time, I am still very happy right now of my current position as I am in good hands and getting closer to being fully recovered.

Honestly without bitcoin my life probably wouldn't be as easy as it is now, I don't own too much bitcoin but with what it is helping me earn and accumulate in the long run, crypto and bitcoin are helping me get through a time when goods and necessities are increasing in price day by day. I would probably have to work from 7am to 12pm to support my family if I didn't have a job in the current world.

I have not accumulated too many bitcoins for myself yet but I will work harder to keep more bitcoin, I believe I can have a better life if have more bitcoin in the future.

[Rufsilf]

Okay, let's assume that Bitcoin will fall and die, then the entire crypto market will dissolve and all the investors, holders, and traders will lose.
I think that was really the outcome of that situation.

But yes, we argue it won't as we believe that Bitcoin will survive and exist in the market for many years.
Honestly, I'm not really considerate with that "what if" and any market assumptions. Because the fact is that nobody will take risks and put a huge amount of money investing in a project that has no assurance but they have as people are being optimistic about Bitcoin, about cryptocurrencies.

[KaliLinux]

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.

I believe you were already living years before Bitcoin existed and you know how your life was then. Outside Bitcoin, people have lost a lot of money in different Investments and some were affected negatively and others moved on with their lives and invested in other things. It wouldn't be different with Bitcoin if something like that ever happens, were you expecting the world to come to an end? And if Bitcoin hadn't existed at all from the beginning, we wouldn't have known how we would feel cos we never experienced it.

[sbrys]

If Bitcoin would have never been invented everybody would go crazy on other stuff.

Probably PSA10 Pokemon cards or CGC 9.8 comics

[Rockstarguy]

Op questions looks very funny to me, if bitcoin doesn't exist or if bitcoin falls people will continue saving their money in the bank instead of investing it in bitcoin , if bitcoin doesn't exist saving money in the bank won't add any value,  it will be just waste of time. If bitcoin falls many people will missed bitcoin because since the existence of bitcoin many have benefited from bitcoin so much.

[lornadane]

Op questions looks very funny to me, if bitcoin doesn't exist or if bitcoin falls people will continue saving their money in the bank instead of investing it in bitcoin , if bitcoin doesn't exist saving money in the bank won't add any value,  it will be just waste of time. If bitcoin falls many people will missed bitcoin because since the existence of bitcoin many have benefited from bitcoin so much.

What you say is very true because bitcoin is something that everyone dreams of.
And they also never would have dreamed that bitcoin would crash eventually.
Everyone has had a change in their life while recognizing bitcoin, therefore they will continue to hope that there will be a miracle for bitcoin in the future.

[Leviathan.007]

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.

That's not a simple question to ask what if bitcoin was never created and there could be many alternative projects and many other people could create something like this because at the moment when you realize the governments are having too much control over the people founds and there is not any privacy for people, this demand could make some people find some alternative ways instead of bitcoin, but to be short I guess you should the world situation back in 2018 when we have much more traditional economic systems to get your answer.

[maydna]

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.

[Fivestar4everMVP]

I want to believe you are asking "what if Bitcoin fails"?, well, to this, i will honestly tell you that Bitcoin has gone to far to fail, if you were asking this question in 2010 or 2011 or even 2012, then i would have said "if Bitcoin fails, we all will forget about it and move on with life", but asking this question in this year 2022 with all that Bitcoin have achieved so far is kind of absurd, but i understand that as a newbie, you probably need some assurance from the community and i believe you gotten it, Bitcoin can not fail, it has gone too far the fail, a lot of reputable businesses around the world now accept Bitcoin payments, if Bitcoin was a joke that will in any time in the future fail, this businesses having done their due diligence before deciding to accept payments in Bitcoin wouldn't have .

[Dart18]

Members are answering wrong because you input a wrong title.

Then we won't be talking here. We won't even know what Ethereum is and so on and forth.
We will have to wait when a Satoshi will be born and that may take a long time for a genius to come out or be born. What's worse that could happen?
Centralized coins will be the first born and we won't even wish a decentralized one or we won't even have any idea about it.
All government property, all in their control, no privacy.

[KingsDen]

Re: What If Bitcoin Fall??

Bitcoin failing is too ambiguous to believe or to understand the particular method that will lead to Bitcoin failure.

1. Do you mean that blockchain technology will fail? Is it possible that blockchain will fail? It therefore means that computers will not exist again, the all the coding languages will disappear and then no one will be interested to write codes again.

2. Do you mean that all the miners will shut down and there is no one to sustain the PoW protocol of bitcoin. No one will confirm transactions and no one will run a node again.

3. Do you mean that everyone who owns bitcoin now will sell all to fiat immediately and if yes, who will buy the bitcoin that they will sell to fiat?

Let's stop this bitcoin failure of a thing. It is totally impossible for bitcoin to fail, but rather it can be transformed as the future unfolds.

[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. 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.

[The Cryptovator]

The question is what if you weren't born. Then who will ask this question? Likely someone else, so if Bitcoin weren't created, then something else would create. Who knows there wasn't a better idea than Bitcoin and it failed? Who knows if Bitcoin replace or update with something else with a new coin or feature? So this type of question is really unrealistic. It's quite impossible to stop Bitcoin right now since nodes have been saving a lot of devices and miners working to mine Bitcoin.