Topic: BTC's crisis time is coming - page 2. (Read 506 times)

It will never happen even if Musk is still alive, who knows but I said it again this isn't a sustainable growth and I am condoling those who will bought at the top and cry later on if they get -50% or more from their portfolio.

What I think is that there is really nothing for us to worry when it comes to the performance of BTC because it is the top crypto. There would be more possibilities for pump since its adoption by many mainstream companies and trading institutions. The people like social media influencers and business tycoons gives many tweets and many information that would make newbie traders scrambling to get their bitcoins and altcoins into play. It is not yet crisis so nothing to worry on that one.

Many people might be riding the DOGE wave; that's why many people are trading DOGE now and not a different coin. Most people are doing crazy things with their money, like investing in DOGE, but if you can take advantage and profit from there, why not?

There's no way it can overtake BTC. Trading volume can or percentage increase in price for a shorter timeframe, but I don't think so in the long term.

Holy crap, Doge the meme coin is now becoming the most influential coin and could top bitcoin anytime.

Just have a good laugh when I saw this thread,  people really don't know what is bitcoin and what influence it can bring to other coin, not the other way around. Sure, we've seen Doge getting like 100% gain or even higher because of Elon Musk, but still, this is just a pump and dump and we all know that. I'm sure another coin will be pump insanely in the next coming days and then we gonna here a someone claiming that it's the death of bitcoin... again.

Do not compare Dogecoin with Bitcoin, because they are very different from the two. Never mind don't make Dogecoin a threat to Bitcoin,
this does not mean that the trading volume of Dogecoin is high and the price has risen dramatically, which could make Bitcoin a crisis.
This is wrong thinking, Dogecoin's increase was only because of the hype that occurred because of the tweets by Elon Musk, so many people
became panicked buying. Meanwhile, Bitcoin has very strong fundamentals, because many institutions are investing in Bitcoin in the long term.
So I think investing in Bitcoin is much safer, than choosing to invest in Dogecoin.

DOGE is a bubble about to get burst anytime soon since it isn't sustainable to have. I wouldn't be that surprised if many regulations comes to play in this space just because of this meme coin. I don't know if you've watch this from Charles Hoskinson but I think it's a great one. https://www.reddit.com/r/CryptoCurrency/comments/ms6p31/everyone_needs_to_hear_this_from_charles/?utm_medium=android_app&utm_source=share

Doesn't matter. Bitcoin has already died hundreds of times ever since it was made, to die another time wouldn't mean too much. The current hype around DOGE is another one of those pump and dump schemes that Elon has set for some ulterior motive he has under his sleeve, so take the current boom in DOGECOIN's price with a grain of salt.

Anyone who thinks Doge can overtake Bitcoin must be insane. It's a nice meme coin, but it lacks real use, utility. It's never going to overtake ETH, not to mention BTC.


BTK? Bitcoin Turbo Koin? Pretty much a dead coin.

The impending Bitcoin crisis that OP predicts would happen soon spearheaded by DOGEcoin doesn't come as a surprise to me. At least, it isn't the first time that an altcoin has been pitched to perform the "Flippening" against Bitcoin. In 2017-2018, Both ETH and XRP came very close to achieving such feat but both projects ended up failing, woefully. Moreover, I don't think Dogecoin would be able to achieve such feat. For all we know, Dogecoin is just another overhyped project and would take its rightful place when the market bias changes from bullish to bearish. Let's see how things play out though. Watching patiently even though it looks very much unlikely.

OP: 404 crisis not found.
There is no primary relationship that indicates that the growth of certain quotas (you should name at least one source) of some shitcoin or specifically the DOge, means a "situation" that puts bitcoin in crisis. Not even ETH, so far the only currency that can endanger any existing currency in the market is bitcoin.

Don't you mean DogeTalk.  

Just Kidding.  

Hello everybody. The wording "Bitcoin crisis" is very relative. After the price has dropped from 61,000 to 51,000, one cannot immediately speak of an impending crisis, my opinion is that at this stage the crisis has passed, we are growing further. Even in spite of the possible drop in the price to $ 46-42,000, I think this should only be considered as a gift of fate, which makes it possible to buy Bitcoin at a cheap price. I do not presume to compare the incommensurable assets of Dogecoin and Bitcoin - they are too different, people will eventually understand that this is real digital gold. I think Dogecoin, regarding Bitcoin, simply does not have the slightest chance, based on this I do not see any imminent Bitcoin crisis.

I hope Dogecoin will reach $1 so I can cash out my last Dogecoins to Bitcoin and forget about this pump and dump scheme. People have to understand that all shitcoins are based on BTC and there is no way for any of them to take over. They will always remain a copycat.

What does DOGE has something to do with BTC though?

DOGE was obviously a pump and dump coin, you sayin that BTC will have the same scheme or fraudulent practice? Doesn't matter if the market share of BTC is declining, sooner or later after some other altcoins has been dump, wise investors are going to shift to BTC.

And if you haven't notice BTC has always been surpassing ATH month after month.

The other argument that is coming is that even Dogecoin has rallied 400% in a short period of time and it is time to think that the market is a bubble  . You will hear many arguments and opinions regarding an event and the market is controlled by big players and the entire market was rallying for months and you cannot expect the market to grow without any correction and if that happens investors will look for coins that are yet to pump and i think that is the situation with Doge.

Doge is much better than thousands of other shit coins in the market, you cannot compare any shit coins with bitcoin but if you compare the rest i do use doge while gambling while thousands of shit coins are just useless.

Doge growth is a warning not for bitcoin but for the other shitcoins.

Remember that while being a shitcoin itself dogecoin is also a memecoin, not one of the so-called v2.0 or v3.0 coins, it has no smart contracts, it has no defi, it had no ico, it has no masternodes, no staking no nothing.
And yet, it somehow managed not only to survive but also to outclass both in usage and in price gains coins like EOS (does anyone remember this 4 billion ICO?)

A coin that basically just modified a few lines of code is now one of the top 10 coins, it shows two things:
- the immaturity of the market combined with greed
- the fact that the basics have been tossed aside and what matters is the money flow

Shitcoins have been warned with this, just throwing around smart chats and bringing advisors onboard means nothing, unless you have a serious product that can be backed with money (like Binance or Ripple is doing propping its own coin) the trashbag is your next destination.

Bitcoin on the other hand has one clear advantage over dogecoin in this so-called "war", its sheer mass of user and fanbase, dogecoin can eclipse the other cryptos altogether but pales in comparison with BTC. And on top of that come every single advantage BTC has over the others.

So no, a threat to BTC, never, a wake-up call for the other shitcoins out there, definitely!
Oh and BTW, volume means nothing, ETH has managed to come close to BTC global volume a few times, but that hasn't lead to anything.

Your idea is completely wrong, didn't you notice the previous actions of Bitcoin? Bitcoin bounced every time it went into the 50K zone. Every time Bitcoin bounces from 50K zone and makes a new ATH, this time too it will be no exception. I think very soon Bitcoin will go through into raising wage again and by December of this year we will see the price of Bitcoin near around 100K. If you stop panic selling and hold on to the long position, it will be profitable. Refrain from creating rumor.

Doge's potential seems to be the most popular thing lately. Either the prediction will come true or not, but the $ 1 target for DogeCoin seems to be at the edge of the eye. Gradually DogeCoin can adjust the price, with a drastic increase, there is nothing wrong with DogeCoin being part of the coin that is in great demand. as long as there is Elon Musk's interest in DogeCoin, then the price won't die until here.
As for Bitcoin, it remains the king of everything, regardless of the crazy price dropping, Bitcoin will grow at a specified time ..

It is true that BTC market dominance has been dropping day by day, and that DOGE has been relentless ever since. But despite all this, we are still not certain what will happen next.

Where we are right now, it seems that anything can happen, there are equal chances of BTC market to go up or down. We just don't know and making any prediction now is almost impossible.

Crisis for bitcoin?

That would be the normal reaction of a guy who probably have seen this type of correction for the first time. It's not the first time that bitcoin has ever been on a dip.

This correction might lead bitcoin again go back to $60k and then the time that it will push itself to $70k. That's why every single correction that happens is a healthy correction.