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Topic: Do You Have Any Fear Bitcoin Might Crash Someday. - page 4. (Read 1065 times)

legendary
Activity: 1442
Merit: 1016
I'll admit, i'm also afraid of the collapse of bitcoin, but i still trust the ability of it. Due to the continued growth of population of bitcoin users, it can be so hard for some governments to break down cryptocurrency specially on bitcoin, because it's really useful to everyone and beside, bitcoin it self is really a good investment plan and it might give a more comfortable and a decent life for those who owned it.

There's no reason anymore to feat that imo.
This was a possible outcome after the Mt. Gox desaster. Back in the that exchanges was responsible for 75%-80% of all the trading volume.
So in 2014 I really thought Bitcoin could die.
But over the last 3,5 years sooo much has changed and the space grew so fast.
I'm not worried that Bitcoin will die or crash to very low digits and never come back up.
The best devs who really understand blockchain are working on Bitcoin. Many of them hold themselves a shitload of coins! So there own interest to make this Baby the numoro uno for a very long time is HUGE! And many of them are true cypherpunks!
Furthermore Bitcoin is the most distributed and decentralized coin out there with a Blockchain where it's hashrate is growing like crazy. Therefore Bitcoin is by far the safest crypto!
And what do you think which Blockchain entrepreneurs will use if they want to realize their ideas? The majority will build on top of Bitcoin!
Bitcoin has several really powerful network effects. And they are all feeding into each other.
Even Roger Ver admitted that, and that's the reason why tried to steal the brandname. God bless that idiot failed.
sr. member
Activity: 728
Merit: 275
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 really just hope bitcoin doesn't crash anyway, anyhow or any soon. It really is hard to imagine life without bitcoin now. It has become an inseparable parts of our lives now. But yes I really do agree with you on these points that it is quite impossible for bitcoin to crash. It has a promising future and all of us in the community have faith in bitcoin. It is a main source of income for most of us in the community. So lets just not get such kind of negative thoughts in our minds regarding the future of the crypto.
hero member
Activity: 1554
Merit: 880
pxzone.online
I'll admit, i'm also afraid of the collapse of bitcoin, but i still trust the ability of it. Due to the continued growth of population of bitcoin users, it can be so hard for some governments to break down cryptocurrency specially on bitcoin, because it's really useful to everyone and beside, bitcoin it self is really a good investment plan and it might give a more comfortable and a decent life for those who owned it.
full member
Activity: 511
Merit: 100
It might crash, but it will recover again. The real doom could be possible if some bug pops up or if some altcoin takes over and investors dump it.
The crypto payment system is new and we will see more of it, so Bitcoin is not going anywhere.
At first were afraid about bitcoin on what may gonna happen. Were thinking of its good future ahead someday, as most says everything is possible in bitcoin. Whatever happens, we should be prepared and be ready on bitcoin's future. Morever, bitcoin could be still useful someday and it wont crashed.
sr. member
Activity: 840
Merit: 254
I don't have any fear or anyone who knows Bitcoin well. If it all Bitcoin crashes as you said, it would bounce back or recover soon and reach for the moon. The best part of Bitcoin is when it dips like 30% or even less than that, it would recover and spike double the price where it left. That is is beauty of Bitcoin.
One of the biggest problems is that people do not take the time to read and understand bitcoin they know they can make money with bitcoin if they invest in it but that is as far as the knowledge many newbies have about bitcoin, they don't really care about the technology they care about making money and this is why when the price goes down that they panic and suffer losses so if people educated themselves they will lose any fear they may have that the price may crash.
newbie
Activity: 35
Merit: 0
It might crash, but it will recover again. The real doom could be possible if some bug pops up or if some altcoin takes over and investors dump it.
The crypto payment system is new and we will see more of it, so Bitcoin is not going anywhere.
full member
Activity: 854
Merit: 103
I was so afraid about it this summer. Bitcoin started to grow and I felt that I have some money and couldn't believe that it will continue forever. Now I'm not afraid of crypto crash, that's not gonna happen.

I think that everybody, who is involved in the market of cryptocurrency and holds Bitcoins is afraid that once the moment that BTC can crash will come. Hopefully, it won't happen.
member
Activity: 115
Merit: 10
I don't really have any fear that bitcoin will crash, for that can not come to pass. Crypto currency is a digital currency that was masterly created for the purpose of achieving a lot of success in the National and international market through a technology called Blockchain. Since it was created a lot of negative media reports  have been publicized to water down the growing interest of bitcoin in the mind of many.This  was it that what led to the volatility last experienced. Bitcoin was created to be sustain by the System through demand for it, for easy online transactions and many others, only when internet and people will stop demanding for bitcoin ,will it seems to be heading towards crashing, which is invariably impossible.
sr. member
Activity: 1190
Merit: 253
If we are talking about Fear, everyone has it but everything can be managed. Bitcoin is something that is not controlled by a single person or a single group. Fear, Uncertainty, and Doubt (FUD) are everywhere. Some group of people intends to do this to buy bitcoin at a very low price but I am still positive that Bitcoin will rise up again someday.
hero member
Activity: 1078
Merit: 501
Yes, there are some point that I am getting nervous some time especially when the price of bitcoin is dropping for up to 40% of its price.  Huh I think there is nothing wrong with that feeling. I think it is already normal with bitcoin in that instances, we just have to wait.  Grin
full member
Activity: 490
Merit: 100
I do not fear because I know not possible to bitcoin can survive forever. Technology Will continue to grow, may be someday bitcoin Will crash and will be replaced by another coin or replaced by the new technology. As long as bitcoin can survive, we should earn a lot of profit from that.
legendary
Activity: 1414
Merit: 1001
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.
The existence of support and development of current cryptocurrency has made the future of cryptocurrency better. But the chances of crashes are still huge, we can see that today there are many factors that can affect the decline and rise in prices of Bitcoin and cryptocurrency. The important thing is that we continue to use Bitcoin, so the popularity and confidence of using Bitcoin will increase. This is very important for the future development and future of Bitcoin.
newbie
Activity: 84
Merit: 0
I don't think the price of bitcoin will completely crash one day,but the bump and dump in the price is getting normal with bitcoin.So people no need to worry if the price falls because it is just the temporary fall.But I think crypto currencies are the future of currency so the price will never crash.
Yes, I agree with you mate. There's no possibility that bitcoin will be crashed since many investors are still trusting on bitcoin. As long as there is internet, I have no fear about that. Although bitcoin is volatile but the dipping and rising of its price is normal. I always believe that bitcoin can recover from its downtrend and its price will continue to rise soon.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
I was so afraid about it this summer. Bitcoin started to grow and I felt that I have some money and couldn't believe that it will continue forever. Now I'm not afraid of crypto crash, that's not gonna happen.

Yeah that is the spirit. I too now have no fear of bitcoin currency to fall down, even if it goes to 6000$. Everyone now knows that bitcoin is down due to this and that reasons and once the bad news is replaced by the good ones, no one will be able to stop bitcoins growth. I am looking at the 2nd half of 2018 where it will cross 20K for sure.
hero member
Activity: 2842
Merit: 772
Most of the time, specially before going to bed, I have a lot of what if scenario running in my head. Then waking up when the price of bitcoin is going down gives me headaches. lol.

However, I learn not to emotional specially at the current market trend. Everyone here fears that when bitcoin crashes, what will be our next step?

And that questions push me to diversify my portfolio. Diversification means don't put all your eggs in one basket. So invest some on stocks or gold or even stocks. At least when something worst happen in crypto we have a fall back plan.
member
Activity: 456
Merit: 10
Yes I do have fear about that which is normal as all investments are risky but that doesn't stop us because as you know "Big risk," Big reward".
member
Activity: 300
Merit: 10
Of course part of me is afraid that everything will collapse not only bitcoin, but the entire crypto world, but we survived so I think my fears are groundless
member
Activity: 294
Merit: 11
I don't think that bitcoin might crash someday, because what I know is that, bitcoin is already survived for almost 9 years. It is enough for me to consider it as a strong company, it has a strong foundation. Bitcoin is unstoppable, because people love it very much. No worries, and no fear.
sr. member
Activity: 490
Merit: 250
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.
Of course I have a fear that all of this cryptocurrency hype will crush someday. I have to expect the unexpected and I should have a plan B if that will happen. But I think it will take many years for that to happen as of now I am still very bullish with crypto I believe that this is just the start of all the digital currency.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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.
Those are stories that touch from a belief that would never come to reality. Please tell me what is in any other cryptocurrency that cannot easily be integrated into bitcoin's protocol and for the fact that bitcoin is more established that makes it easy for anyone to dump those altcoins you have mentioned for bitcoin.

Sure, it is good to have a space where there are huge competitions as that is good for bitcoin's growth, but in the long run, the only thing that would make bitcoin dead is not having any further development on it.
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