If Bitcoin crashes would this forum still exist? - page 3.

The Sceptical Chymist

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Quote from: Foxpup on July 22, 2021, 04:51:13 AM

Bitcoin has crashed many times with no effect on the forum other than a slight rise in FUD spammers claiming Bitcoin would never recover right before it actually did recover. Just grab some popcorn and enjoy the show. Cool

Word, couldn't have put it better and more succinctly myself. The only way this forum would cease to be as popular as it is would be if signature campaigns were done away with. Bitcoin crashing--even if it were to do so on a massive scale--wouldn't have much of an effect, though I suspect it would have some effect.

Traffic to bitcointalk tends to increase when bitcoin starts shooting to the stars (if I'm not mistaken), so there is some relationship between bitcoin's price and the popularity of the forum. But a crash? Yeah, we've seen those many times before--big ones, too, like at the end of 2017, and when Mt. Gox went kablooey.

Quote from: ShowOff on July 22, 2021, 01:09:25 PM

This forum has been around since bitcoin hasn't been worth $1 and why doubt the bitcoin price forum crashed?

That's true, but when bitcoin was $1 it was on its way up. If bitcoin went from where it is now to $1, there would have to be something very, very wrong in the world of crypto. And even then I doubt bitcointalk would die.

ShowOff

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Do not doubt the existence of this forum even though you have seen so many price correction over time. This forum has been around since bitcoin hasn't been worth $1 and why doubt the bitcoin price forum crashed?

Price can cause the user base of a forum to increase or decrease and if you are observant then you can also pay attention to it through forum user activity and statistic. This forum has an active user base in the last 3 months of over 113K users, so don't worry ahead of time.

Previously, it seem that you have answered your own doubt in your opening post.

Quote from: Zilon on July 22, 2021, 04:40:27 AM

I know it sounds absurd -snip-

LFC_Bitcoin

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I joined the forum in 2014 when we were in the biggest comedown of bitcoin’s lifespan, the MtGox aftermath.
The price went from $1300 to $150 not long after I joined. The forum was just as busy then as it is now (felt like it any way). So in conclusion, yeah I think the forum would continue, no problem.

I’d probably continue buying $0.01 valued bitcoin if it went that low because it could always rise again.

isaac_clarke22

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We can still even use Bitcoin even if it ""crashes"" price-wise.

Technical stuffs about Bitcoin is not all about prices.

That was an intentional double-double quotation. Wink

sheenshane

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Quote from: Jawhead999 on July 22, 2021, 06:26:42 AM

Bitcoin were crashes on Q4 2018 the price is around $3K+ and this forum still exist until now, I think it's already answer your questions.

I tend to agree and I witnessed this, that was on December 15th, 2018 at the price of $3,236 but still didn't have an effect on the forum.

Many think that it was the end of Bitcoin, other members have stayed (I'm one of them) while others didn't, some of them they'd come after they heard a bull run again like what happened this year. And many of them come back for the discussion and opportunity how to gain profit in Bitcoin and some of them come back for technical queries on how to recover their lost seed phrase or password to their Bitcoin wallet. This forum was still there and there's no correlation against the crashes of Bitcoin price.

Bull trend or Bearish trend, this Bitcoin community will remain the same. However, I believed many of the old users here fighting against FUD that quickly spread when the bear market comes, it should the legacy of Bitcoin will the same remain, no matter what.

mole0815

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Sure why not.
Although in my opinion it is very unrealistic that it actually crashes properly.

Whatever does that even mean?
-30%? Something like that is bound to happen again.
-90%? That would be 1. very unrealistic and 2. it would bring the forum even forward because by the low price many new users are attracted.

NeuroticFish

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Quote from: Zilon on July 22, 2021, 04:40:27 AM

what do you think?

Indeed, you're still new here Wink

I've already experienced since 2014 two so-called "crypto-winters" and all I can say is that some do indeed come and go easy, but many just stay. And the forum, as you can see, it's still here.

Price can go up and down and back up and all again and again. And Bitcoin is (way) more than just price. So why would this forum cease to exist only because of yet another temporary price fluctuation?!

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Quote from: Foxpup on July 22, 2021, 04:51:13 AM

Bitcoin has crashed many times with no effect on the forum other than a slight rise in FUD spammers claiming Bitcoin would never recover right before it actually did recover. Just grab some popcorn and enjoy the show. Cool

let's enjoy bitcorn together Cheesy

. looks op has worries that will never happen....this forum has been around since the Bitcoin price was below $1, which means this forum will still exist even if Bitcoin crashes to $1. Don't worry about the impossible thing.

Jawhead999

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Bitcoin were crashes on Q4 2018 the price is around $3K+ and this forum still exist until now, I think it's already answer your questions.

Or probably in the future this forum would dead, because we all migrating to new forum (Epochtalk)

hilariousandco

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This forum was here when bitcoin was worth nothing in fiat value but just an experiment. I'm sure if 1 bitcoin was worth pennies then the forum would still be here as long as people are still using it.

Welsh

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You'd get reduced user base, and there would likely be less opportunities to earn here. Although, as long as its profitable for casinos to operate, they likely would still operate. It depends entirely on what you mean by crash, if you mean crash as in become absolutely worthless, no matter how unlikely that is, then you probably wouldn't see many businesses accepting Bitcoin anymore, and the forum would eventually become unused, though that's if Bitcoin become absolutely worthless, and there wasn't any other appeal i.e collectible which is probably close to impossible. However, if it were to hit some pretty low levels, then this forum would definitely take a hit, but this forum was popular when Bitcoin was worth <$25 , so I don't think it would be overly bad.

For Bitcoin to become absolutely worthless there would likely have to be a critical error in its design, which isn't the case. You could argue that it might eventually be replaced by something better, but that's also not looking likely at this point, and wouldn't mean it would become worthless, but rather less valued.

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Quote from: Zilon on July 22, 2021, 04:40:27 AM

I know it sounds absurd but I was just wondering with all the treat from economic and political sectors of the world released on Bitcoin if by chance the government succeeds in devaluating Bitcoin which I know for sure is impossible would this forum still exist and would crypto casinos still operate?

Casinos and all other gambling sites that operate solely using cryptocurrencies will not operate again (or maybe some will move to using fiat), but know that if bitcoin is about to crash finish (Bitcoin price getting below zero, which is highly not possible though), all altcoins would have been dead.

Quote from: Zilon on July 22, 2021, 04:40:27 AM

It's just a call for concern for me and I decided to express my deep thoughts what do you think?

I completely agree with Foxpup, his post is basically about Bitcoin will never crash. There will be time for bear and bull run, and that is why many people like Bitcoin, the bull run is always greater which is leading Bitcoin price to all-time-high.

Quote from: Foxpup on July 22, 2021, 04:51:13 AM

Bitcoin has crashed many times with no effect on the forum other than a slight rise in FUD spammers claiming Bitcoin would never recover right before it actually did recover. Just grab some popcorn and enjoy the show. Cool

I think what OP meant is that if the price crash to zero, which is not possible but just an assumption. I noticed increase in Bitcointalk online traffic during bull run while decrease in traffic during bear run. @Zilon, if Bitcoin price can fall to zero, this forum will not have significant visitors anymore because Bitcoin is the the backbone of this forum's existence.

Foxpup

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Bitcoin has crashed many times with no effect on the forum other than a slight rise in FUD spammers claiming Bitcoin would never recover right before it actually did recover. Just grab some popcorn and enjoy the show. Cool

Zilon

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I know it sounds absurd but I was just wondering with all the treat from economic and political sectors of the world released on Bitcoin if by chance the government succeeds in devaluating Bitcoin which I know for sure is impossible would this forum still exist and would crypto casinos still operate?

This has given me great concern because this forum has eduated a whole lot on Bitcoin and the block chain network in general with constant participation from users across the globe but how about if the key sector of the forum shorts down what would possibly be the fate of the forum because vertually all other sub boards centers around Bitcoin and how its improvements in the society

It's just a call for concern for me and I decided to express my deep thoughts what do you think?

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