Do You Have Any Fear Bitcoin Might Crash Someday. - page 8.

Intersan

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Quote from: Shamie1002 on March 01, 2018, 07:10:05 AM

Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.

Right, bitcoin and all other cryptocurrencies won't just go down that easy. The price will first start to go down but when that happens, there is a possibility for bitcoin to be in demand again and there is a chance for people to buy and invest at low price. Bitcoin will just be in a cycle therefore it will not easily go down.

What I am really worried about is when the government in our country decided to do the same thing that China did. I most fear that bitcoin and crypto transactions will be prohibited.

helen28

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Quote from: Shamie1002 on March 01, 2018, 07:10:05 AM

Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.

All of us for sure have a fear that not only bitcoin but all cryptocurrency will be gone someday especially if you are just hoping for this because you don't have your regular job, so might as well if you have any burdens save and have your own business.

Shamie1002

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Of course. The fact that it's not yet mainstream gets me thinking about it. If we don't have enough support from companies, it would probably go down and the only thing that would keep the prices steady are the individual users and some lost coins.

But Bitcoin as the medium of cryptocurrencies, I doubt that it can happen in a blink of an eye. And with the countries trying to step in it would be impossible for bitcoin to drop hard.

omonuyak

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I don't have any fear it might clash because it is going to reduce in value and increase in value time to time and we should not see it as something to be afraid of but to always see opportunity in it. Bitcoin is the future and own it now is the right things to do.

Baoo

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Honestly, I believe that Bitcoin will continue to evolve and progress in the future, and it will be stronger than before. So I am not afraid or pessimistic that sameday it will disappear. As well, the problem of many people are criticizing everything being successful ( Bitcoin) so they deceive users of this currency through rumors and lies in the media ( fake news (expectations) ) to scare them.
On the other hand, every drop in the value of bitcoin is a normal thing and even if there is a big crisis ( such as, in the previous period ), and when we see what happened in previous years ( 4 years) , we conclude that after every drop in price, Bitcoin returns better than before. So maybe the decrease in the value of Bitcoin is very necessary .

nightfury

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I don't have fear at all because i have already learned from the past that bitcoin is very vulnerable in crashes and corrections that will cause its market price to plunge so deep. And with the coming crash, i will make it as an opportunity to buy a cheaper bitcoin and altcoins.

lienfaye

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Quote from: gabmen on March 01, 2018, 12:46:21 AM

Quote from: Zach707 on February 28, 2018, 09:40:25 PM

Quote from: gabinsight on February 10, 2018, 06:41:48 AM

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.

Just a small percentage that bitcoin will crash. Right now bitcoin price are increasing. People are getting good profits in it. Everyones eagerness and determination are driving crazy. This is what bitcoin more valuable right now.

Well anyone holding a satoshi probably is afraid of that possibility however remote that is. With the way things are moving today for crypto, its a little safe to say that btc is bound to grow along with the entire crypto market instead of crashing but with anything possible in crypto, we can't just disregard a possibility of a crash

Its already happened several times in the past but the value managed to bounce back with even higher price if we look in bitcoin's history. However its still uncertain if what happened before can still happen in the future, only time can tell. Im optimistic in btc so If there's a crash along the way, I wont treat it negatively but instead will look forward for the price to recover.

andrei56

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Quote from: Rooster101 on February 28, 2018, 10:14:39 PM

Bitcoin price crash is nothing new because there were many crashes that already happened in the past. Bitcoin worst crash happened last 2013 and 2017, it downed by 87% and 59% respectively and in this crashes, bitcoin is proclaimed dead by many of its critics. Bitcoin regularly comes back to life after this worst crashes and manage to regain its bullishness later. I believe bitcoin will remain to be the top cryptocurrency for more years and can always manage to comeback despite of many challenges it will face.

This is true but you need to understand that even if we have seen some crashes most of the people that entered in bitcoin in the last year and specifically at the end of the year have never seen anything like it, so it is very natural they panicked even if they knew a crash like that was possible, knowing it can happen and actually living through it are two different things.

gabmen

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Quote from: Zach707 on February 28, 2018, 09:40:25 PM

Quote from: gabinsight on February 10, 2018, 06:41:48 AM

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.

Just a small percentage that bitcoin will crash. Right now bitcoin price are increasing. People are getting good profits in it. Everyones eagerness and determination are driving crazy. This is what bitcoin more valuable right now.

Well anyone holding a satoshi probably is afraid of that possibility however remote that is. With the way things are moving today for crypto, its a little safe to say that btc is bound to grow along with the entire crypto market instead of crashing but with anything possible in crypto, we can't just disregard a possibility of a crash

PalindromemordnilaP

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Bitcoin crash/corrections is not new anymore and being here for just a couple of months is enough experience for me to see how volatile bitcoin is. Have seen how my investment plummets down half of its market value during crisis but i am glad i HODL strong and it pays off.

I am not afraid even for a bigger crash anymore because i feel like i am immune to it already.

liivii

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We take the risk of having bitcoin part of our lives so we must face if there is a bitcoin crash to happen. Having a fear for a crash means bitcoin is not for you because a crash is part of everything and we must rise if that happens. There are many crash that bitcoin faces and it surpass all of that because of the people who didn't lose their hope on bitcoin and they are the ones who succeed.

Rooster101

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Bitcoin price crash is nothing new because there were many crashes that already happened in the past. Bitcoin worst crash happened last 2013 and 2017, it downed by 87% and 59% respectively and in this crashes, bitcoin is proclaimed dead by many of its critics. Bitcoin regularly comes back to life after this worst crashes and manage to regain its bullishness later. I believe bitcoin will remain to be the top cryptocurrency for more years and can always manage to comeback despite of many challenges it will face.

Zach707

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Quote from: gabinsight on February 10, 2018, 06:41:48 AM

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.

Just a small percentage that bitcoin will crash. Right now bitcoin price are increasing. People are getting good profits in it. Everyones eagerness and determination are driving crazy. This is what bitcoin more valuable right now.

1Referee

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Quote from: Hazir on February 15, 2018, 08:46:30 AM

It's true that there are some unique and really interesting concepts there - but the fact that the vast majority are shitcoins is disturbing.

It's a market based on supply and demand, which means that as long as there is a certain level of demand for shitcoins, and that's certainly the case, they will keep popping up, it's that simple. If there are exchanges as Yobit making it easy for everyone to get a shitcoin listed, then the shitcoin market will remain somewhat relevant, and will keep attracting noobs. The only way to properly deal with this, is to have exchanges agree with each other to not list blatant garbage coins anymore, even not for a fee. In other words, the exchanges are the main problem here, and not those who come up with copy and paste coins. It basically goes up for forks as well - the less exchanges stop listing forks, the less incentive there is for forks to pop up.

It's probably something that will only get taken care of with more regulations that exchanges have to abide by. I can't see exchanges stop with this nonsense out of themselves. Shitcoins and forks are big business, and for that reason we'll keep seeing them remain a relevant part of this market unfortunately. Free market side effects.

Hazir

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Quote from: gabinsight on February 10, 2018, 06:41:48 AM

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.

This is something I am not really fine with, the amount of altcoins created is overwhelming and I don't think that we have all these coins, to be honest.
In the end, they will give cryptocurrency a bad name and label it as 'fools money' or pyramid scheme etc.
It's true that there are some unique and really interesting concepts there - but the fact that the vast majority are shitcoins is disturbing.

This could be something that eventually will bring whole cryptocurrency market down as regulations will take a closer look at it, possible ban od ICO is imminent IMO.

Saveplus

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Its a normal ,bitcoin price sometimes crashed down.We always experience that but holding is my last choice until waiting for its rise again .I dont have any fear because I know someday that it will grow rapidly in the near future.

moneyangel

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Quote from: gabinsight on February 10, 2018, 06:41:48 AM

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.

We have a big room for improvements for Bitcoin to continue his dominance and the developer are working on it. It will takes many years until it will become obsolete. Nothing to worry for now as we have the opportunity to enjoy the fruits of this technology. Hold and wait the returns of price to a new all time high.

amaydel

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I think i am already immune about bitcoin crash for the past months where bitcoin encountered crashes already. As usual, i will always HODL everytime a crash will happen with bitcoin.

Ararbermas

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Quote from: evader11 on February 10, 2018, 07:05:33 AM

Yes. I'm scared that one day bitcoin will go disappear because only bitcoin I earn money in an easy way. Aside of that, I don't have any job. I have many 'What if's' when people say that bitcoin will gone soon. I'm so afraid of that. Hope it won't.

honestly mate there are some ways to gain money here in crypto world not just in bitcoin 'cause there are some alt also that nowadays has potential to grow which is good to trade also to gain money while bitcoin is not stable. And i suggest to don't rely in one crypto mate there are some good coins now in market if you want to become profitable, dont waste your time and invest on other alt if have money that not needed in a moment to gain more profits .

t1Zona

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I'm pretty confident in bitcoin and crypto in general. I spend a lot of time reading, trading and studying stuff. But at the same time deeply in me, I also have some doubts, specially when we suffer strong decreases like during this year. What if all I have could evaporate? But I believe that it's something normal in the human condition.
Most everyone feels the same, altough they don't say it. Otherwise they would've put all his money in crypto.
But I'm very possitive with bitcoin!

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