Answer: Possible but Not!
Why? On a normal note, as a speculative asset, Bitcoin can dump/pump to any price. But, not in these times; these times when big companies are investing in Bitcoin, these times when big and small scale store are opting for it as a medium of making payments. I guess it's just too late for such a dump.
Why? On a normal note, as a speculative asset, Bitcoin can dump/pump to any price. But, not in these times; these times when big companies are investing in Bitcoin, these times when big and small scale store are opting for it as a medium of making payments. I guess it's just too late for such a dump.
When there are lots of money playing around, the trend might go further, more on bullish and expect to see higher
valuation than seeing it falling as traders and investors will aim for more.
Hello everybody. In my opinion, the value of Bitcoin can fall to zero, only with some disruptions in the network, I simply do not consider other options. Even not the most dedicated people understand that the cryptocurrency market is cyclical, and even if the price drops rapidly, over time, it will grow even faster. The further the price falls, the more people will be willing to buy Bitcoin.
Institutional investors knows how to play well, with them now around the very possibilities that it will have a much solid barrier.
Not unless there's a solid case that will bring out to chased this asset.
from the list you have here only number one is what I believe can make price of bitcoin drop or maybe kind of render it useless, because if there are no ways to exchange bitcoin, and all exchanges , both the centralized and decentralized exchanges, are no longer functioning, it will affect bitcoin. But even if that happens I think people will still be looking for ways that they are going to move it, which I can’t tell, but whatever happens, let’s not wish for something like this lol.
