Bitcoin cannot crash or go down. | Bitcointalksearch.org

ChainSmoker

full member

Activity: 294

Merit: 100

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

I agree with you but nothing can constantly go up including bitcoin.Only noobs don't sell.Big whales do too to earn profit by dumping. Roll Eyes

I know bitcoin is undervalued still.I know it will surely one day be worth 50x than today.But it won't happen constantly.It will happen by pump and dump like it always happen with bitcoin price

Newboybb

member

Activity: 266

Merit: 10

Yes, I think so too, because the total amount of bitcoins is certain.
So it's hard for bitcoin to fall, because bitcoin is scarce, and more countries recognize it, meaning that the price of bitcoins needs to rise further.

dettihegedus

member

Activity: 237

Merit: 10

Borderless for People, Frictionless for Banks

that is nonsense, bitcoin will not always just rising up all the time, you should have known since the day bitcoin was born, its price has fluctuated so many times to reach 11000$ today, so don't say bitcoin can not drop because it just the matter of time before bitcoin rises up must goes down someday.

tanxingwo1215

jr. member

Activity: 105

Merit: 6

Get Paid to Play your Media on Current

Because bitcoin is the currency of cryptography, at the beginning of the design, it guarantees that it can't be counterfeited, can't be spamming, and the circulation is very convenient. The bitcoin trading system is very simple and reliable, so he won't crash. The risk of bitcoin is policy and market risk.

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar.

Bitcoin was $20,000. Now Bitcoin is $11,000.

It can go down man. It can go WAY down. You are gonna lose all of your money. Don't do it.

nicko122

jr. member

Activity: 462

Merit: 1

Many start to panic and sell bitcoins as soon as their price falls for more than one week or more than a couple of thousands. At the same time these bitcoins are bought up by experienced traders.

heureca

sr. member

Activity: 658

Merit: 250

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Do not forget that BTC market or any criptocurrency market has a lot of speculations. It can't be constant growth without corrections at any market - some people want to buy and some people want to sell coins at the same coin price.

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

I would love to hear the short sellers and people who sold at these levels moaning and crying once this goes to $300,000.00 a coin. Stop listening to trolls, fuders and 'experts' talking about a crypto currency 'bubble'. The stock market bull run is almost over.....where do you think is all that money going???

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: PeRo on January 26, 2018, 07:58:56 PM

I am not even very experienced and I have always know that Bitcoin could never crash - not permanently. Only if everyone stops using it, it would crash then, but the user count is just growing, so that is not a problem. I always say that Bitcoin can only go up, but everyone says it will be dead soon, and they repeat that every month..

People selling will regret it in a couple of months/ years. Also, mtfkrs trading futures are shorting it with a evil purpose......if you want to make more money why dont you just buy the shit out of it and pump it to 10 millions a coin? It is stupid do the oppossite

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: PeRo on January 26, 2018, 07:58:56 PM

I am not even very experienced and I have always know that Bitcoin could never crash - not permanently. Only if everyone stops using it, it would crash then, but the user count is just growing, so that is not a problem. I always say that Bitcoin can only go up, but everyone says it will be dead soon, and they repeat that every month..

There is a war between banks and cryptocurrencies. Banks see them as a threat for their business. Tjerefore, they will use media to spread fear and uncertainty to the population. Do not read market watch or watch CNBC or bloomberg....they are clowns trying to hurt cryptocutrencies

PeRo

hero member

Activity: 1040

Merit: 538

Defend Bitcoin and its PoW: bitcoincleanup.com

I am not even very experienced and I have always know that Bitcoin could never crash - not permanently. Only if everyone stops using it, it would crash then, but the user count is just growing, so that is not a problem. I always say that Bitcoin can only go up, but everyone says it will be dead soon, and they repeat that every month..

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: joebrook on January 26, 2018, 05:36:09 PM

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Those selling are just afraid that they are going to lose all the money that they spent investing into bitcoins, they have no foreknowledge about it's potential, they were just in to make some profits and that's all.

Yes it is important to have good knowledge and updates about the market and then should take the decision according to the news, but i think it is not so easy to predict about the bitcoin price that either it is going to crash to will make a new historical increase in its price, but with the increasing investors of bitcoin we can predict that bitcoin is becoming more stronger from time to time and therefore bitcoin position is now become more stronger and will not go to crash so easily.

joebrook

sr. member

Activity: 644

Merit: 259

CryptoTalk.Org - Get Paid for every Post!

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

Those selling are just afraid that they are going to lose all the money that they spent investing into bitcoins, they have no foreknowledge about it's potential, they were just in to make some profits and that's all.

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: Nhebu on January 26, 2018, 04:44:15 PM

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

In some point this statement is correct but what if the real satoshi will steal and remove bitcoin? We can say that this is a secured coin but we cannot neglect that this is a bubble thing. We don't know the source and maybe someday it will pop up like bubble.
However, I am not a haters of bitcoin. I am also a follower of it but I just to say that we need to anticipate everything that will happen. We don't need to stake what is happening from now. We should notice what are future could be.

It is decentralized.....one single person cant shut it down

Zyborg

sr. member

Activity: 476

Merit: 256

Well word Crash here is not suitable for BTC,Yes we should do admit that with the launch of Altcoin many investor might have withdrawn their investment from BTC and invested into Altcoin,that why BTC vale went down by 30% but never crashed like many other coin.BTC now is a universally recognized cryptocurrency and a trust name for many investor.

Nhebu

member

Activity: 616

Merit: 10

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

In some point this statement is correct but what if the real satoshi will steal and remove bitcoin? We can say that this is a secured coin but we cannot neglect that this is a bubble thing. We don't know the source and maybe someday it will pop up like bubble.
However, I am not a haters of bitcoin. I am also a follower of it but I just to say that we need to anticipate everything that will happen. We don't need to stake what is happening from now. We should notice what are future could be.

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

The overall trend is UP. Each time there is a dip people start saying that it will crash or die

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: Agamemnus on January 26, 2018, 04:33:14 PM

I think there is some chance that it can crash or go down.

if you let it run as it is it couldn't......If goverments, trolls and banking assholes manipulate it.....then it COULD crash

Agamemnus

full member

Activity: 267

Merit: 100

I think there is some chance that it can crash or go down.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: Reatim on January 26, 2018, 03:47:16 PM

Quote from: patroncito on January 26, 2018, 03:17:21 PM

Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.

That's why the tulip bubble argument against bitcoin is flawed at the beginning. They keep on comparing bitcoin to tulip bubble were there is unlimited supply while bitcoin can't go beyond 21M coins in circulation.

And it really boils down to the basic economic law of Supply and Demand. Only please take note that every 4 years, there is a halving making the supply of bitcoin scarce, and the price could increase overtime until a final quantity of 21M bitcoin have been mined.

Just because there is less of something doesn't immediately point to the fact that it's going to be expensive, that's just one of the many factors which should be going into a valuation. -- At the moment I do think that bitcoin is a tad bit overpriced, and its too volatile for people to actually use it (as the main purpose of being a currency)

So yes bitcoins price can go down, but it shouldn't change the actual tech or anything else (being usage) behind bitcoin -- if the bitcoin price was to stablize though that'd be amazing of for the bitcoin community as adoption would increase.

Topic: Bitcoin cannot crash or go down. (Read 203 times)