Topic: BTC's crisis time is coming (Read 506 times)

If Bitcoin crisis were to really come, then I would probably be happy because the payout in my signature campaign is going to significantly go up and I can accumulate more bitcoin when I buy with my fiat money. It's just a matter of perspective, I don't get scared of bitcoin going down anymore because I know that it will be a temporary down and I know that I only see it as an opportunity to buy more bitcoin and hodl.

 Nah. You overestimate Doge's power and underestimate BTC's. Fluctuations are ok. I'll suggest to buy BTC now cause we'll be on the bull run sooner or later.

That's what I'm doing right now by buying more Bitcoin little by little, when the Bitcoin price is correcting. But in fact there are still many people
who panic by seeing the current corrected Bitcoin price. Even though as you have said, the correction needs to occur, in order to make the Bitcoin
price rise even higher. So we really have to think positively about the current decline in Bitcoin prices.

I saw a lot of games on Doge by Bigboys, but not by BTC. hasn't bitcoin gone up significantly in the last few months? so to maintain a healthy market, and maintain purchasing power, a correction is very reasonable.
after all, btc's position is very strong in the market, so there's no need to worry. I am surprised at the outstanding fud, this is only a small derivative and the price is still high. isn't this a chance to fill the bag more?

you are definitely wrong, bitcoin is very stable and for the simple fact that it is not falling Is a sign that it will be impossible to see large price drops something like for example to see falls like $54000 fall below $35000, this will never happen because there is a lot of demand .. in a short time the price will certainly be in the $65,000 to $75,000 and by the end of the year I believe it will end with the price reaching $ 80,000. Now speaking of DOGE (which is the real theme of Thread), he is a pump and dump altcoin, and it was a toy of a certain person who made twitter and the price went up and down


since the announcement of paypal and Elon Musk the price has gone up a lot and people will not sell, so I think it will be impossible to see a big price drop. this Hodl spirit is rooted in the heads of many people, so the price will not fall too much

i feel there is a correction in the market that is yet to be reorded. obviously financial analysis is good but if we take a second look at the scenario here, there has not been any major correction for the bitcoin. The challenge is that people will or may not expect it coming. if the price of btc plunges, no one knows what it will take to get back and what time so I percieve danger.

You're wrong with that. That's no different from those people who don't understand crypto in all segments. But if you're firm with those words that you have mentioned.

You should've say too that all currencies are the same because they're also used by scammers and criminals. Does that makes sense?

Before all these hypes happen in doge, their transfer fee is considerably cheap why a lot of users are using doge for transfer purposes. A lot of gamblers even use this alt for their gambling purposes. But nowadays, if you will check the withdrawal fee on exchanges, it is now expensive as compared to other alts like LTC. So for me, it is not practical anymore to use doge for transfer purposes. So now you can really ask, what will be the use case of doge if their transaction fees are expensive already?

BTC is boring for robin-hood traders, who just got another stimmy-check

They don't bother with BTC, and do what with their 0.05BTC? Trade? and lose 0.01 on every trade on fees? BTC is a scam ran by exchanges, & 'trading' houses. ( I really that that all exchange are in on the 'trading' scam ), where 90% of all traders lose their principal the first month.

On the other hand with Dogecoin our stimmy boy can buy 40,000 Dogecoins at todays price at 0.03 cents.

So honestly, with your thinking hat on, what are they going to buy? The thing that get them 0.05, that has no use? Or the thing that can turn their $1200, into $52k so they can buy a BTC?

Hell, at todays price DOGE is the true HODL coin, it only has to go to $100, to make our boy $200k, and if it goes to $500, he is a MILLIONAIRE

In terms of value bitcoin always win against Dogecoin. Its not just happened because of the supply but also because of demand. Bitcoins demand keep on increasing from the day that it was created but with regards to doge after a couple of years the value still not increase, only relies on pump and dump. Adoption of bitcoin from other countries are just started and after next couple of years you will see that bitcoin will reach another ATH because of the increase in demand. What about Doge?

129,279,689,645 DOGE


18,687,562 BTC

Do you actually believe anything you write? Or do you just assume everybody is an idiot?

https://coinmarketcap.com/

There are 129 Billion doge held, and there are only 18M btc held

The majority of large holdings of BTC is just a few whales, and pre-miners; On the other hand, because its affordable ( 0.03 cents ) Doge, is the ultimate stimmy-check crypto

The majority of little guys hold less than 0.05 BTC, the majority of littles guys on DOGE hold millions

The reason that BTC went parabolic post fall 2020, is because rich-guys like MUSK bought billions of dollars to fund their financially failing companys, now that BTC has corrected 20% guys like Musk have paper losses, that need to be covered.

BITCOIN is #1 shitcoin, today Doge #6 shitcoin, when it hits $25, it will be par capitilization with BTC, meaning it will be MORE valuable that shitcoin #1, then DOGE will be shitcoin #1

All crypto is shitcoin, because all is pushed by scammers, and common criminals

The inflation we have seen in Doge is just manipulated by those popular persons, they just creating a tweet about this altcoin and beginners start to get hyped because of this, this inflation for Dogecoin will not last for too long because doge is still not like bitcoin, we cant compare the number of investors of bitcoin and doge because bitcoin has so many investors that is why bitcoin already created a big trust to a lot of ofpeople. Don't just depend on the current situation, you should not sell bitcoin just to buy Doge that would be a big mistake that you may do if ever.

If you check Dogecoin position at CMC or Coingecko, you see the position now is down and USDT takes back the position in number fifth. Dogecoin now competes with ADA and I do not think that Dogecoin can defend the position from ADA because the gap is not too far. But we will see what will happen later and if Dogecoin can get pump again, maybe that can help Dogecoin increase and back to the fifth position.

I can not agree with you. I am not sure that the whole market is concentrated on Doge and Bitcoin only. And I do not consider the Dogecoin to be so important that you have showed us on those schemes. The increasing and decreasing of Bitcoin's price is a normal and repeating thing. What about the destiny of Dogecoin - nowadays it is being talked a lot, but the day when it will be forgotten will come. But Bitcoin will stay. And we all know why.

After the impressive rise, the strange thing would be that there was no major correction. But now that so many institutions are entering btc, the strange thing would be if there weren't at least a couple of good years ahead

I am not really understanding what you’re saying here, what do you mean by bitcoin crisis?
From the way I have understood this, you’re trying to say that this is the end of bitcoin? Nah that’d not true.

I don’t know why you all are fond talking about a failure for bitcoin when there is a decrease, it can be really annoying, you all will rejoice when there is an increase and you will talk about how much it is grow and replace the fiat system and bring down the government lol, but when it has the slightest fall, you will turn to preaching about the end of bitcoin. Very funny. Bitcoin is far much better than the dogecoin you are talking about.

I dont see any crisis at this moment, we are just seeing random untruthful FUDs, which is just dragging down the BTC price. The BTC dominance had reached the crucial 50% mark but because of the BTC FUDs, many people went back to BTC from their alts and the dominance is back to 51.7% and we are seeing some red.

I think the OP here wanted to spam the DOGE roll and named a crisis by himself..

I wouldn't call for a bear market yet. Bitcoin is currently trading below the 50 MA level, which is not a good thing for the cryptocurrency. If BTC fails to close today's candle above the 50 MA, it will turn bearish and will soon challenge the 100 MA, which will be about $ 50 k. So far, $ 50 k is looking very good, with buyers eagerly awaiting in that zone.

Considering the rally we've seen this past few months I think investors are right to be cautious about the intermediate trend. I expect bitcoin to retest the $ 50,000 level before the new rally begins.

The bear market is already part of the crypto cycle and we shouldn't feel afraid of it but rather take it as an opportunity to buy and accumulate crypto at a low price. There's a season for everything and this kind of season isn't new to us since it could literally happen after the bullrun. People see a huge potential in Doge coin which in fact, it isn't as functional as other altcoins so I don't think it could replace Bitcoin that easily because it still has a lot to prove. It's pumping because of the hype from the influential people.

Could we stop seeing posts saying how Doge will someday be King of crypto and Bitcoin is meeting its doom messages? It's annoying to see people who thinks that Bitcoin will be over and that it will be an obscure piece of digital property. We all need to accept that as long as Bitcoin is the one calling the shots then we are always be assured that no matter what happens to the coin, it will bounce back and will bounce back gracefully.

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.

There’s no need to worry about BTC since there is still ore possibilities for pump since adoption just started in some areas and by other companies, regarding DOGE even it’s just a memecoim the impact of the influencers who hype it is too in demand that gives it too much attention for price pump, allwe can just do is take advantage of profitting on it . I do sell some of my doge when the price increase a day ago and its really a profit just because of some tweets.

Bitcoin is falling and entering a bearish cycle when commenting on the H4 time frame. Who knows how much DOGE will drop. Growing too fast is not a good way, so stop advertising for an old project, old technology, and not decentralized like DOGE.
I panic when looking at wallets holding DOGE, they are too DOGE and can cause the project value to collapse at any time.
Bitcoin is not a crisis, just a short-term bearish wave before a new bull cycle begins. There are many people still buying Bitcoin so stay upbeat and wait for a good entry.

you misspelled one letter "BTK's crisis is coming".

in the following week BTK that is bitcointalk will see a lot of Doge bag holders who will create a lot of topics like OP trying to advertise it and get it to pump a little more or pump it enough for them to have a way of dumping it and getting out with their initial profit without a major loss.

The bad thing about this seer's prediction (I mean the OP) is that when it does not come true he will not come to acknowledge his mistake. Let's remember how many times Bitcoin has died already: Bitcoin Obituaries. Bitcoin has died 405 times.

Nor is there any great reasoning behind his prediction, so I won't waste any more time.

DOGE is just a shitcoin and it is being manipulated by BigBoys. DOGE doesn't have as many holders as Bitcoin.
We have seen the market go up steadily since April 2020. Rapid and constant growth will have to undergo corrections, so I expect Bitcoin to decline in a few weeks or months (around 2 months). I don't worry much about Bitcoin because a lot of people are still actively buying them after the price drops and taking them off the exchange.

Waiting to see the play, I hope I was wrong

In recent days, the trading volume of many DOGE exchanges has ahead of  BTC.BTC's market share is decreasing and its value will be revalued



------add-----new------------

The money are limited，The market value of btc is too high， and it takes too much capital to rise ，DOGE is small

1)DOGE UP-> BTC DOWN->OTHERS DOWN->DOGE DOWN->Faith collapses->GAME OVER

The money are limited，When DOGE rises, money comes out of btc, and the market is established by btc, faith collapses, and other coins fall, and they all die, and DOGE can’t escape.

2)DOGE UP-> BTC DOWN->OTHERS DOWN->DOGE DOWN->DOGE UP AGAiN&NEW COIN UP->OTHERS UP->BTC marginalization

There are always hotspots in the currency market, we can continue to play,



------------（My native language is not English, use Google Translate）