Bitcoin: Is the Next Crash Inevitable?

[buwaytress]

But I do agree that they are looking like 2030 that majority believes that quantum computing  could become a reality to break Bitcoin's code. So it could be a major news if that so happens and could put a big dump or the price crashing.

Been years. Ten maybe, since I first saw this talk about quantum. We're only 4 years to go to this "deadline" of sorts. I personally never thought it would be possible and, if it did, I personally thought Bitcoin would stay ahead of the game anyway with some kind of update.

My kid in his lecture this month said the world's best computer now would take decades to crack a straightforward strong secure password of 12 characters. That's far less entropy than my seed phrase.  So I'm still not convinced.

[Mallampue]

But I do agree that they are looking like 2030 that majority believes that quantum computing  could become a reality to break Bitcoin's code. So it could be a major news if that so happens and could put a big dump or the price crashing.

Been years. Ten maybe, since I first saw this talk about quantum. We're only 4 years to go to this "deadline" of sorts. I personally never thought it would be possible and, if it did, I personally thought Bitcoin would stay ahead of the game anyway with some kind of update.

My kid in his lecture this month said the world's best computer now would take decades to crack a straightforward strong secure password of 12 characters. That's far less entropy than my seed phrase.  So I'm still not convinced.

2030 can be too fast in my opinion with the current situation, even he said google is doing further research from what they have produced before with his quantum computer project until now they have not been able to do anything by hacking bitcoin, it might take another decade or two to reach the point of perfection.
And if bitcoin can be broken into, then the first victims will be the banks, their storage is not as complicated as our word seed phase, by having to go through a pile of nodes that have been formed.

The community will definitely not be silent, the update option can be an option to maintain security in the future if this quantum computer is really realized.

[barbara44]

Been years. Ten maybe, since I first saw this talk about quantum. We're only 4 years to go to this "deadline" of sorts. I personally never thought it would be possible and, if it did, I personally thought Bitcoin would stay ahead of the game anyway with some kind of update.

My kid in his lecture this month said the world's best computer now would take decades to crack a straightforward strong secure password of 12 characters. That's far less entropy than my seed phrase.  So I'm still not convinced.

It literally requires only one change in the blockchain and we would be protected. What people do not realize is that we do not need to protect ourselves, blockchain can do that for us, so we will just move to a new chain and we will be fine. Just like how quantum could attack then quantum could protect as well, and just make it centuries to crack once again, would be harder to make it work but it wouldn't be impossible. Imagine the length of your wallter doubling for a second, that would make it near impossible anyways.

Plus, I still think it is not possible at the moment and would require some more time. 2030 is too soon for it to happen, if it was that close we would have seen some hopeful glimmers of it already.

[Bitcoin_people]

But about now, I do not expect the price of bitcoin to increase significantly, but bitcoin is doing good, I expected the price to fall more than this by this time but it is not falling but getting back to at least $90000.

I am with you in this. I don't expect the price of Bitcoin to hit another ATH this year. The news of the interest rate cuts by the US Fed has contributed to the positive outlook of the market over the past few days. The market is gradually going down due to high outflows. My expectations is that the price might not exceed $100k till the end of this year. We might also see a price increase earlier next year before we enter the bear market.

From the current Bitcoin market position, we can certainly expect that it will not exceed $100k before the start of the new year. The market position does not look very favorable. A continuous decline and bearish market that we can copy will lead to a further decline in the market. Yes, but we will see some changes in the market in the new year. If the market increases, then there is a possibility of exceeding $100k, and if it is heading towards a bearish market, then it is not possible. However, we are sure that we are going to enter a bearish market next year, if a bearish market comes, then the Bitcoin market will be dumped further.

[maydna]

If the situation turns into a bear market, we must be ready to accumulate. The market is still in a downward trend with no signs of an increase so you can prepare your money to buy at a low price. If this change to be crash, we hope people will not panic but can still calm down.

Christmas will come soon when people may need money to celebrate it. So this can attract the market getting down because the sell-off. But you should not panic and search for the time to buy low.

Some investors have already taken profits at a new ATH so they are waiting for the right time to buy. But those who are late to sell need to be patient and stick to hodl. You can wait for the next time to sell Bitcoin at the next ATH.

[Bushdark]

If the situation turns into a bear market, we must be ready to accumulate. The market is still in a downward trend with no signs of an increase so you can prepare your money to buy at a low price. If this change to be crash, we hope people will not panic but can still calm down.

Christmas will come soon when people may need money to celebrate it. So this can attract the market getting down because the sell-off. But you should not panic and search for the time to buy low.

Some investors have already taken profits at a new ATH so they are waiting for the right time to buy. But those who are late to sell need to be patient and stick to hodl. You can wait for the next time to sell Bitcoin at the next ATH.

You have all said everything I want to write and I don't know why people are getting panicked about what will happen in the crypto market. There are opportunity to buy Bitcoin before the price will become too expensive for people that want to accumulate and it's not the time to be afraid of the market. The market will go up to make some people rich; those that had bought and waiting to take some profits and the market will go down to give people the opportunity to buy again. Those that want to buy more Bitcoin has the advantage to do that now since the price of Bitcoin has been moving up and down with no known direction.

[Osiokwudiri]

Sure! Crashing is inevitable in Bitcoin. In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable. That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose. When investing always remember DIP and HODl.

[promise444c5]

Sure! Crashing is inevitable in Bitcoin.

Are you the planning the crash?

In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable.

Bitcoin has nothing to do with this ..

That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose.

No one is advising anyone to invest small amounts except that you’re doing now. If you’re capable of a lump sum, then do it. If you can’t, then do what you can through DCA.
There’s a difference between investing and gambling.

[tabas]

Sure! Crashing is inevitable in Bitcoin. In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable. That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose. When investing always remember DIP and HODl.

You can't always spot the dip and anyone's dip could be someone's quite high price. And this is where the strategy of dollar cost averaging(DCA) gets in. Everyone gets to tell to DCA and that's because we'll never know if the price has already hit the bottom or the dip that you've been waiting for. With this kind of strategy, this gives you the better consistency as you invest whether the market crashes or not. While everyone is waiting for the dip and the crash, you're already prepared doing that and you won't care whatever happens because you're consistently buying.

[GeorgeJohn]

Sure! Crashing is inevitable in Bitcoin. In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable. That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose. When investing always remember DIP and HODl.

It will be difficult for bitcoin to crash to zero as you're pointing at..already the price of Bitcoin is not constant or stable, it has been rotational or fluctuating right from the day it was introduced to the world...

I will abide on the principles, that when investing neither in bitcoin or any other cryptocurrencies, remember to invest what you can afford to lose due to the prices is rotational and not stable from my observations...This theory suppose to be the first thing that have to come to the investors of cryptocurrencies mind..because during bitcoin  or other cryptocurrencies investment, anything can happen.

[laspol65]

Investors have other places to put their money besides BTC. They're looking at stocks, gold, and especially silver—assets that have delivered returns significantly higher than Bitcoin's this year.

What I know is that it will be difficult for gold and silver to go 10x than for bitcoin to go 10x. Also it will be good to know that bitcoin is a store of value. Bitcoin has proven this times without number.

But about now, I do not expect the price of bitcoin to increase significantly, but bitcoin is doing good, I expected the price to fall more than this by this time but it is not falling but getting back to at least $90000.

Bitcoin price is very suitable for correction according to the situation but there has been relatively little correction because the way Bitcoin investors have held Bitcoin tightly for a long time proves that Bitcoin will not fall much. Because we have seen Bitcoin perform well, if we move towards a bull market later.
Then of course it will be easier for Bitcoin to rise and reach higher prices later, and currently the price of Bitcoin is touching $90k. However, there is a possibility that Bitcoin will touch $100k because Bitcoin naturally tends to move higher.

[STT]

Still not seeing a crash setup because volatility is lower and BTC has moved quite slowly and in a more considered way then many times previous.  If BTC price action gives clear indications of movement that is not too rapid, I see that as far less likely to cause a crash.

[justdimin]

Sure! Crashing is inevitable in Bitcoin. In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable. That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose. When investing always remember DIP and HODl.

Hmm, I think we are past the stage where countries wanted to kill Bitcoin by calling it a bubble or scam. We're definitely past that point and the good thing right now is that Elon, Trump, and most of the people in power are supporters of Bitcoin and perhaps even investors.

A crash can happen, though; it's naive to rule out such a possibility. A crash doesn't always mean something bad happens; sometimes it's just market manipulation to liquidate the small traders and eat their money.

I feel those who are trading at leverage are at the mercy of big institutional traders. For people like me who simply HODL, we are not so scared.

[cryptomaniac_xxx]

Still not seeing a crash setup because volatility is lower and BTC has moved quite slowly and in a more considered way then many times previous.  If BTC price action gives clear indications of movement that is not too rapid, I see that as far less likely to cause a crash.

It's more of a steady decline, since hitting a new all time high in October at $126k. Now we are again in the $90k'ish so it's not like a sudden drop. But still seeing how deep we have gone in the last four months or so, we should be aware that anytime we will be in the bearish trend, perhaps we are already inside that cycle but the fact that we continue to deny it or at least some pundits still think that we can go to $100k again.

But if the price continue to decline in the next couple of months then most likely there is no denying that we are indeed in the bear market. Just imagine the price going down hard to $75k, it's inevitable that a bearish season has started by then.

[Pandu Geddon]

It's more of a steady decline, since hitting a new all time high in October at $126k. Now we are again in the $90k'ish so it's not like a sudden drop. But still seeing how deep we have gone in the last four months or so, we should be aware that anytime we will be in the bearish trend, perhaps we are already inside that cycle but the fact that we continue to deny it or at least some pundits still think that we can go to $100k again.

But if the price continue to decline in the next couple of months then most likely there is no denying that we are indeed in the bear market. Just imagine the price going down hard to $75k, it's inevitable that a bearish season has started by then.

That's what we see happening in the market. Bitcoin even briefly rose above $90k, prompting some speculation that we might reach $100k again in a short time. That could actually happen, but it seems the market may be more likely to head towards a decline. Although it may happen gradually, as you mentioned. But if the next decline is significant, Bitcoin might drop below $75k.

[Johnlomape]

Sure! Crashing is inevitable in Bitcoin. In as much most countries want there currency to dorminate others in the world market that will surely make Bitcoin not stable. That's why people are advice to invest small small. In the Bitcoin environment one most consider the potential risk. In case of crash invest what you can be able to loose. When investing always remember DIP and HODl.

It will be difficult for bitcoin to crash to zero as you're pointing at..already the price of Bitcoin is not constant or stable, it has been rotational or fluctuating right from the day it was introduced to the world...

I will abide on the principles, that when investing neither in bitcoin or any other cryptocurrencies, remember to invest what you can afford to lose due to the prices is rotational and not stable from my observations...This theory suppose to be the first thing that have to come to the investors of cryptocurrencies mind..because during bitcoin  or other cryptocurrencies investment, anything can happen.

Anyone that thinks the price of Bitcoin is going to crash to zero is only making a big mistake. There is no way the price of Bitcoin will crash to zero because that could be the end of cryptocurrency and I don't think the world and the market space is ready to accept such a scenario that will put an end to the crypto.
Bitcoin already have huge adoption and the government including big companies are buying Bitcoin and trading it daily which means that their can only be a drop in the price of Bitcoin not totally crashing in price. Anyone thinks ever think Bitcoin is going to crash is an antagonist to Bitcoin.

[ChocolateBitcoinK]

It's more of a steady decline, since hitting a new all time high in October at $126k. Now we are again in the $90k'ish so it's not like a sudden drop. But still seeing how deep we have gone in the last four months or so, we should be aware that anytime we will be in the bearish trend, perhaps we are already inside that cycle but the fact that we continue to deny it or at least some pundits still think that we can go to $100k again.

But if the price continue to decline in the next couple of months then most likely there is no denying that we are indeed in the bear market. Just imagine the price going down hard to $75k, it's inevitable that a bearish season has started by then.

That's what we see happening in the market. Bitcoin even briefly rose above $90k, prompting some speculation that we might reach $100k again in a short time. That could actually happen, but it seems the market may be more likely to head towards a decline. Although it may happen gradually, as you mentioned. But if the next decline is significant, Bitcoin might drop below $75k.

It seems to me that the probability of a market decline at any given moment in the near future is high. No one can say for sure which way the market will go, but the probability is very high that there will be a decline, and then we will see a recovery. Market corrections are normal, so there will be nothing something to be afraid of, basically we have to go with a long-term view. The market naturally experiences corrections before going into a major phase where it naturally goes down a bit.

[Adams0001]

It's more of a steady decline, since hitting a new all time high in October at $126k. Now we are again in the $90k'ish so it's not like a sudden drop. But still seeing how deep we have gone in the last four months or so, we should be aware that anytime we will be in the bearish trend, perhaps we are already inside that cycle but the fact that we continue to deny it or at least some pundits still think that we can go to $100k again.

But if the price continue to decline in the next couple of months then most likely there is no denying that we are indeed in the bear market. Just imagine the price going down hard to $75k, it's inevitable that a bearish season has started by then.

That's what we see happening in the market. Bitcoin even briefly rose above $90k, prompting some speculation that we might reach $100k again in a short time. That could actually happen, but it seems the market may be more likely to head towards a decline. Although it may happen gradually, as you mentioned. But if the next decline is significant, Bitcoin might drop below $75k.

The price is not really stable for now so we just need to invest for long term so that we will achieve our goal the way Bitcoin is currently we are seeing everyone opinion some says he will raise then $120k some says he will decrease below 70 to $75k, we don't know how he will comes at ends but the beautiful thing now is that the way the price is decreasing we can just top some of our investment and if you're have not started investing you should invest now and get the benefit in the future when the price stable. The moment Bitcoin crash the rest of the coin will definitely be affected and we don't know when that will happen but we should just be patient on our investment and wait we should focus on what we're chasing.

[icebar]

There is no hesitation in saying that the market is currently going through a drown trend. But this situation can change at any time. Although it can be assumed from the current situation that the market will take some time to return to a positive trend, the advice for ordinary investors is that if you can remain determine without panicking, then it is definitely possible to profit from your investment. For those who are long-term investors in Bitcoin, still they are confident. Those who are regularly buying Bitcoin can make their investments regularly. Hopefully this situation will improve soon. Investing in Bitcoin should not be seen as a get-rich-quick scheme. However, only those who wait patiently in the long run can benefit.

[Alpen]

Bitcoin price is very suitable for correction according to the situation but there has been relatively little correction because the way Bitcoin investors have held Bitcoin tightly for a long time proves that Bitcoin will not fall much. Because we have seen Bitcoin perform well, if we move towards a bull market later.
Then of course it will be easier for Bitcoin to rise and reach higher prices later, and currently the price of Bitcoin is touching $90k. However, there is a possibility that Bitcoin will touch $100k because Bitcoin naturally tends to move higher.

Bitcoin also has a tendency to trade sideways for extended periods. Personally, these phases are so nerve-wracking that I stop planning any further BTC allocations. While Bitcoin stagnates, gold and stocks continue to climb. I’ve seen a 40% annual return on those, while I’ve only incurred losses on Bitcoin. I’m convinced many investors will also lose their appetite for BTC this year. We could easily spend the first half of the year just grinding sideways