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Topic: Could btc hit 1 usd? (Read 3864 times)

full member
Activity: 339
Merit: 102
November 28, 2017, 09:06:11 AM
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
It is possible, I think it is, but it is not very likely especially since you said overnight, something like a bug in the code will need to be found for that to happen, the only other thing that I can imagine could case such a crash will be the fall of civilization as we know it, and that point bitcoin being worthless will not be our most pressing issue.
No! It's senseless to think something to that effect. The accomplishment of bitcoin and its expanding ubiquity totally expels its likelihood falling in cost. The little negative vacillations don't imply that there is an issue in bitcoin or it will fall in cost anyplace soon. The overall revenues of a few bitcoin venture organizations have come to up to %100 percent previously. These sort of actualities indicate new and starting financial specialists that there is significantly more potential in bitcoin than some other digital money, pulling in more individuals step by step.
People belief is strong on bitcoin and this statement will remain statement because bitcoin will not go back from 9000$ to 1$ and the people who invested into bitcoin are very much hopeful that crash of bitcoin is now impossible and the only way in which bitcoin will move up is to use it more and more and no disaster will effect no ban will stop and nothing will take bitcoin down bitcoin strengthened itself in the past 8years.
member
Activity: 119
Merit: 10
November 26, 2017, 08:55:43 AM
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
It is possible, I think it is, but it is not very likely especially since you said overnight, something like a bug in the code will need to be found for that to happen, the only other thing that I can imagine could case such a crash will be the fall of civilization as we know it, and that point bitcoin being worthless will not be our most pressing issue.
No! It's senseless to think something to that effect. The accomplishment of bitcoin and its expanding ubiquity totally expels its likelihood falling in cost. The little negative vacillations don't imply that there is an issue in bitcoin or it will fall in cost anyplace soon. The overall revenues of a few bitcoin venture organizations have come to up to %100 percent previously. These sort of actualities indicate new and starting financial specialists that there is significantly more potential in bitcoin than some other digital money, pulling in more individuals step by step.
hero member
Activity: 1092
Merit: 501
July 06, 2017, 11:45:05 PM
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
It is possible, I think it is, but it is not very likely especially since you said overnight, something like a bug in the code will need to be found for that to happen, the only other thing that I can imagine could case such a crash will be the fall of civilization as we know it, and that point bitcoin being worthless will not be our most pressing issue.
legendary
Activity: 1036
Merit: 1002
July 05, 2017, 06:47:16 PM
It is possible but just think about it. This is one of the greatest inventions after internet. It is quite valid currency to use for internet business as well.
So can you think they would leave bitcoin to die? I wouldn't. I would buy lot more if price was $1.
bitcoin shown 2012 not that too old invention that people inovate and change it by the year and generation chance because of technology for me it is a big no bitcoin gonna die when the lrice hit 1$ well you think about it carefully investors will be bankrupt whether they will stock or buy tons of coins theres no assurance that bitcoin will grow again.
newbie
Activity: 364
Merit: 0
July 05, 2017, 06:39:46 PM
It is possible but just think about it. This is one of the greatest inventions after internet. It is quite valid currency to use for internet business as well.
So can you think they would leave bitcoin to die? I wouldn't. I would buy lot more if price was $1.
Bitcoin brings so much money today, so, I doubt that holders will let it to fall to 1$. I think it's just impossible.

There are so many alternative coins to bitcoin. Everything can happen no matter how strong bitcoin we see under current market conditions. Investors can leave market with "excuses"..
hero member
Activity: 588
Merit: 500
July 05, 2017, 06:34:24 PM
It is possible but just think about it. This is one of the greatest inventions after internet. It is quite valid currency to use for internet business as well.
So can you think they would leave bitcoin to die? I wouldn't. I would buy lot more if price was $1.
Bitcoin brings so much money today, so, I doubt that holders will let it to fall to 1$. I think it's just impossible.
hero member
Activity: 1148
Merit: 504
July 05, 2017, 01:14:38 PM
It is possible but just think about it. This is one of the greatest inventions after internet. It is quite valid currency to use for internet business as well.
So can you think they would leave bitcoin to die? I wouldn't. I would buy lot more if price was $1.

Yeah, users and devs will not let this happen. Unless a better crypto comes to pass, like what happened to friendster and myspace when facebook came to life. Facebook erased them on the face of the internet. If a better one is developed, users will use that instead and abandon bitcoin. That will be the time bitcoin will crash to 1$ and less.
full member
Activity: 308
Merit: 146
hero member
Activity: 896
Merit: 500
July 05, 2017, 12:20:43 PM
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Any changes or fluctuations will occur in bitcoin. But the big change so it becomes worthless overnight I think it will not happen, let alone btc hit the 1 usd I think is also very impossible. Although bitcoin is very fluctuating, a big change like you said overnight is impossible because I think it will gradually and definitely days or even months, let alone the very high bitcoin value now.
sr. member
Activity: 549
Merit: 259
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July 05, 2017, 10:44:04 AM
It is possible but just think about it. This is one of the greatest inventions after internet. It is quite valid currency to use for internet business as well.
So can you think they would leave bitcoin to die? I wouldn't. I would buy lot more if price was $1.
sr. member
Activity: 518
Merit: 250
July 05, 2017, 06:09:45 AM
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Bitcoin is still a high risk investment and there is the possibility of failure. At this point though we are several years into its existence and it seems to be progressing so it would be unlikely to fail now, but no guarantees.

for the moment it still shows as bitcoin high-risk investments, but very profitable future because now bitcoin already growing again on the cusp of we want, I would expect this. will continue to achieve at the Summit until bitcoin hit 1 usd Wink
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
July 04, 2017, 05:16:33 PM
#99
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can
Falling to $1 overnight is impossible, but we can extend this to about half of the current price. Nothing can make it fall below $1500 in a day, because there's not enough money on exchanges. Think about it like this. For the price to fall to $1 almost every owner in the world would have to sell. If only 50% sell you won't even fall below $1000 and for that to happen you need weeks.
sr. member
Activity: 448
Merit: 250
July 04, 2017, 05:06:15 PM
#98
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can

Even I will do the same if bitcoin falls that low in future but that is unlikely to happen as bitcoin is growing now and in future it will be even more powerful currency in terms of its value and if bitcoin starts falling then there will be many people who will prefer to quit bitcoins and switch to some other investment.
legendary
Activity: 2730
Merit: 1288
July 04, 2017, 10:27:21 AM
#97
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

If suddenly miners would mine 12500 BTC in every block price would decrease 1000 times and would be only few USD.  That bitcoin algorithm will be flawed is a sure thing. But assumptions are that it will be changed with stronger one before it will get flawed. But if value of BTC keeps increasing then no algorithm would secure that much value there is higher reward for anyone to break it unnoticed.  so you cant really copy/paste past here.
legendary
Activity: 3038
Merit: 1169
July 04, 2017, 10:21:26 AM
#96
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.

Even if the price of bitcoin is sturdy going up and there are so many demand with it, the possibility of bitcoin going to 1$ is still possible, we are having a great price right now but still bitcoin price would need to fluctuate anytime and we don't have the power to control or to know what kind of movement it will make, and right now we are on a risk in the impeding split let's just hope the price would go to a 1$ value in August 1.
I guess that is a good news to those people who have already stocked BTC for a bit. But what about who are new to the industry? What about those investors(that will significantly help BTC to grow more) who wanted to invest more to BTC then they suddenly found out that BTC is now priced as $1? Then it will gradually drop continuously, and what more is soon BTC will be no more.

Actually I think I made a typo with that I mean let's just hope the price would "not" go to a $ 1 value in the impending August 1, because if the split would occur then bitcoin would have a two side then what side would yo pick! I think every bitcoin wallet right now are getting ready with this and they are preparing to really secure our bitcoin, well At least I have joined up a wallet that are doing something.
full member
Activity: 223
Merit: 100
July 04, 2017, 09:20:45 AM
#95
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Bitcoin is still a high risk investment and there is the possibility of failure. At this point though we are several years into its existence and it seems to be progressing so it would be unlikely to fail now, but no guarantees.
legendary
Activity: 2674
Merit: 1026
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July 04, 2017, 07:43:41 AM
#94
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can
legendary
Activity: 2646
Merit: 1106
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July 04, 2017, 07:37:46 AM
#93
That's hard to happen once again. The bitcoin doesn't have along time history like gold and other valuable asset. It grew high in a very short period and importantly it grew from the scratch of being a free giveaway and now reached a peak value that none other currency hasn't achieved. Going back to $1 is not gonna happen, if it has got possibility during the past crashes this could have taken place.
newbie
Activity: 3
Merit: 0
July 04, 2017, 07:11:52 AM
#92
No, hopefully such things do not exist, you can sleep peacefully ! Also, it does not happen especially overnight !

Now I lay me down to sleep
I pray all cryptos to increase
If the market crash before I wake
On ramen I will dine not steak

But it seems we have a crypto-poet Grin ! I will anyway print it to hang it over my desk, that will smooth me before going to sleep !
newbie
Activity: 11
Merit: 0
June 24, 2017, 12:30:36 PM
#91
I don't think that bitcoin can fall that low now in future and if it falls that low then it will be an end of bitcoins as majority of users will switch their investment to other products and after that price it will be very hard for bitcoins to regain its value.

well i think we do not need to even think about that much low price of bitcoin because if this happen then the bitcoin will totally die and everyone will move from bitcoin to other currencies and other currencies will replace bitcoin but it seems impossible to happen this because bitcoin is a strong currency.

Yes, if this would have to happen in the future, eventually BTC will start from scratch and it will have a huge effect on the people and they might not use BTC anymore.

And no, other coins will not overcome BTC since these altcoins are based on BTC in the first place.
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