Topic: Do You Have Any Fear Bitcoin Might Crash Someday. - page 10. (Read 1065 times)
I made it clear to myself that when I engage myself in Bitcoin, risks are bound to occur anytime (even in just a snap!). Which is why I have always been open (and maybe even open) to the idea of it crashing at any moment. Don't get me wrong, I believe in the complexity of the structure of Bitcoin which allows opportunities to arise for its users. However, it's volatility has lead to many uncertainties which opens the possibility of it crashing. At first it was a fear, but I saw how Bitcoin bounced back each time its at a low which made me believe that with time, Bitcoin will recover. Right now, the crash of Bitcoin is inevitable but we have to be ready for it as cliche as it may sound, we shouldn't risk anything we are not ready to lose. Same goes with Bitcoin, you win some you lose some but at the end of the day, it's all about the risks you are willing to take.
I never worried that Bitcoin would crash someday because Bitcoin isn't the only Crypto that has been around in the market and in fact there are a lot of Cryptocurrencies that is supposedly acting as the real digital money in the market.
If ever Bitcoin will crash, Ethereum, Ripple, NEO and other Top Altcoins would replace it's dominance soon.
If ever Bitcoin will crash, Ethereum, Ripple, NEO and other Top Altcoins would replace it's dominance soon.
Im so scared that bitcoin will crash someday because, bitcoin is now part of my life, bitcoin helping me to become successful someday, bitcoin gives me opportunity to earn while studying, and help my family in our daily needs, i hope it will not happen someday.
I have no fear whatsoever because if this crash was on the cards this would have happened in its early days of orientation and since it has managed to stay this long I this this crash will not be happening as support to keep it very much alive is there.
Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging.
of course the fear must always haunt me but I always try to be calm and sure bahea everything will be fineSo if you ask me, I think it is quite impossible for Bitcoin to CRASH.
and yes it is true that bitcoin is the parent of its altogether and very unlikely to fall.
Despite the regulatory challenge the currency seem to be having, I still do not have the fear that it will crash. I believe in the currency because it serves as an alternative means of transaction.
Everything in this world has an end so bitcoin will end up also but we never know when it will be happen. If ever I earn more bitcoin maybe I can convert it in paper money then I will save it in the bank so if ever bitcoin crash I've done saving it.
Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging. So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
I do expect that crash will take place anytime but I doubt that it will be that much as you are saying. Crashes or fumps on its market price are just temporsry. It is only patient that is needed. Due to the crash lately, its market price is now low but good thing is that it is now starting to rise and we should be greatful because of it and learn how to look forward with the future of Bitcoin.
Apparently, I believe that bitcoin will last and will be used more and more hundred years if many country will promote using bitcoin. Evan because of unstable price exchange, we cannot conclude yet that someday bitcoin will crash.
Not really, I dont think it will crash in the near future (about 5 years) so I dont even think about it. I believe that it could only go up, except when Bitcoin has some temporary setbacks and the price dumps a bit. Even if it does, it always recovers back to the original price or even above it. So no, I dont have that kind of fear and I think we are safe for now.
I am hoping for the best, and expecting the worst. I cannot expect bitcoin to be here forever, every technology can be replaced by something new. We cannot be sure that bitcoin will not be replaced by a better cryptocurrency or better blockchain technology. What I do is make the most out of bitcoin. I earn bitcoin, cash out some, invest some on new uprising projects.
So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
Why there's a "quite" if it's impossible to happen? Yes somehow i am doubtful that bitcoin will stay here forever and diminished in the future. But just holding in my faith and still believing that this would be forever.
You should be doubtful too that dollars and your local currency will stay forever. I agree that there's nothing that last forever but when it comes to wealth distribution and new trend of investment, bitcoin is here to stay for a very long time.
I hate to break it to you but we have ALREADY had our crash from $19,400 to $5,800.
It's only the fifth crash bitcoin has seen, and I expect we will see many more. It's entirely normal for these types of pullbacks to occur. Nothing goes up in a straight line.
It's only the fifth crash bitcoin has seen, and I expect we will see many more. It's entirely normal for these types of pullbacks to occur. Nothing goes up in a straight line.
It will go up and down if u think about market. But it will never die 
The blockchain technology remains
The blockchain technology remains i do believe that someday bitcoin will crash and overcomed by other cyptocurrencies because there will always be better.
e.g nokia, nokia dominated the market for a long time but there comes the smartphones.
e.g nokia, nokia dominated the market for a long time but there comes the smartphones.
True with nokia and technology in general but I wouldn't say that it would go the same with bitcoin. Maybe it won't be used as a currency in it's prime and some coin is sure to replace it but I do believe that bitcoin will remain a strong investment asset.
Bitcoin may "get old" later on, but a lot of people have huge investments in it.
Yes somehow i am doubtful that bitcoin will stay here forever and diminished in the future. But just holding in my faith and still believing that this would be forever.
Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis.
the "rapid growth" that we are seeing these days among altcoins is a rapid growth of weeds on a lawn. it is useless token after token that is created by snap of a finger. creation of lots of projects without any innovation, any product, any utility,... and in one word "useless".Quote
I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future,
I actually fear for the market as a whole. bitcoin is luckily separate from the rest. that is why we call all of them "altcoins". and my fear is because of all these junk projects and all the scams, ... that come with them. they can ruin the face of legit projects too.Quote
and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging.
I honestly don't see how!Quote
So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
as I said there is no relationship between bitcoin and all these new coins or even old ones. I think you got it backwards. it is bitcoin that affects them. with bitcoin going down for example as you saw lately, ALL of the altcoins get dumped.
we still need more years to adopt this technology , many people still dont know much about this and they only thing is not a safe investment despite of the tecnology. FUD is present everyday and bitcoin will still crash several times until it is well establish worldwide.
Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging. So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
Yeah! i agree. not just looking to its rapid growth, simply from its stability, its impossible that bitcoin will breakdown!
i do believe that someday bitcoin will crash and overcomed by other cyptocurrencies because there will always be better.
e.g nokia, nokia dominated the market for a long time but there comes the smartphones.
e.g nokia, nokia dominated the market for a long time but there comes the smartphones.
With the same analogy, salt dominated for a long time until the introduction of minted coins, then paper money, then fiat, then bitcoin/crypto. Bitcoin is just on its early stages and there's still a huge room for development if you ask me, and right now people are still over bitcoin and other alts being their second best interest to profit. If bitcoin is to fall, best bet is that it would take decades before that happens.
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