Is the Bitcoin market going to collapse?

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: Bakemat on July 12, 2018, 05:10:33 PM

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

The market will never collapse because the price is still very profitable even though it might go down sometimes, every time the market price is dropping there will be more investors who are going to hoard coins so definitely the price will still grow up, volatility is the reason why every traders are getting rich today.

Well i'm not going to say never because you can't remove the chances of it anyways. But it's unlikely though because you're right, one, it's already an asset that many people consider very profitable. So much that price drops are considered opportunities to just buy back. Also, once it settles, i think it'll be more than an asset and will be used more as a transaction method.

Devnant

member

Activity: 118

Merit: 10

why are you so pessimist about what is going on the market? I think that it all will be recovering sooner or later, so there is no need to be so worried about this, teh best thing that you can actually do is try to buy as much bitcoin as you can.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

The market will never collapse because the price is still very profitable even though it might go down sometimes, every time the market price is dropping there will be more investors who are going to hoard coins so definitely the price will still grow up, volatility is the reason why every traders are getting rich today.

checkmatesir

full member

Activity: 584

Merit: 100

$CYBERCASH METAVERSE

Quote from: romero121 on June 22, 2018, 08:00:20 AM

Quote from: Bagaji on June 22, 2018, 07:52:30 AM

Well, despite all the negative news and comments against bitcoin, I don't think it will collapse soon as it's main value is yet to be reached not minding the current market decline.

Agreed, and what is happening with the value of bitcoin is simply the market fluctuation. At times the fluctuations were taking place in large scale generating panic among the users. If this is to collapse on price fluctuations, the cryptocurrency industry should have faced it years back. Because similar growth pattern has happened in the past. Now as the price is found to reach a higher price and the sudden downfall looks like a collapse.

No I don’t think so because if you are thinking about the fall in the price and share your worries about the coming situation it will be just a panic for all. I think that this situation is for the time being and the price will increase after some time. But I think that this price is not bad and is according to the market cap. We have seen big price of bitcoin and that is the reason for our worry.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

I think it is the other way around many of the projects that currently exist will disappear in the future and when that happens then all of that money going to those alts is going to return to bitcoin so if anything it is likely bitcoin recovers some of the market share it has lost to other coins, it is not something that will happen in the next months but it could happen in the next 10 years.

STT

legendary

Activity: 4102

Merit: 1454

Price isnt a determiner of the market collapsing or ceasing long term, its really related to efficiency and in comparison to alternatives in transmission of value.

So for example, gold has the positive in not requiring any energy upkeep or backing in order to continue. Its efficiency is in the very long term transmission of value. Alt coins have to have some key unique feature to them or suffer in comparison, so I see the main contrast as the protocol itself. Which other blockchains have a greater efficncy and utility then bitcoin itself, the fee problem with BTC did elevate many alternatives as cheaper but that effect has declined.

The main reason to doubt BTC and believe a collapse or takeover by a rival is from the cost of running ASIC. If they cannot profitably confirm each block then it could cause a ripple effect - no pun intended. There is a true test ahead in terms of cost per unit of data vs speed vs security and various factors valued by consumers.

Kingjagat

newbie

Activity: 122

Merit: 0

Quote from: ngusmin on June 16, 2018, 12:26:18 PM

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

The market is crumbling but will not die and will grow again, The fall of the price of crypto is normal, and it will not make crypto die, be patient and do not panic, the red market will surely pass soon.

I think With the advent of technology and the impact of the chain of blocks it will continue to evolve into a better platform to serve the nation and people. The downward price trend is only normal, we have lower prices in the market than this February this year is 6k infact.
I just observed that whenever there is a price trend down many posts or subjects to post say and ask the same line as this "Will bitcoin collapse?" Good people need to understand that from the beginning bitcoin up to now has struggled in the last 9 years but remains and dominates. If in time it will collapse then I think it will take life time to do it.

vickybitcoin

newbie

Activity: 149

Merit: 0

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

I dont think this is possible right now that nothing is created a kind of cryptocurrency which can surpass the essentials of bitcoin. The market is experiencing a price depression and this is not the first time actually this has always been the trend but just as before it can surely recover.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: fabrizoc on June 25, 2018, 02:56:10 AM

Quote from: Sowik on June 22, 2018, 08:43:44 AM

After a huge bull run the bear run comes. Don't worry - it will go away and the bull market will return - when tho nobody can tell.

There is nothing about the collapse. This situation will be recovered soon and the upstream will be seen in the price in the near future. You should wait till that time and be patient. If you want to make money then hold your coins for some more time and when the price rise again you can sell them for higher price. Patience and courage is necessary for bitcoin investment.

Pretty optimistic huh? A lot of us here like that as well especiallly after april proved to be a good month but short termers' hope were dashed when we plunged again, this time clocking an all time low for 2017. Though i'm sure as hell bitcoin will endure, this market may take a little more time like this

fabrizoc

full member

Activity: 386

Merit: 100

Quote from: Sowik on June 22, 2018, 08:43:44 AM

After a huge bull run the bear run comes. Don't worry - it will go away and the bull market will return - when tho nobody can tell.

There is nothing about the collapse. This situation will be recovered soon and the upstream will be seen in the price in the near future. You should wait till that time and be patient. If you want to make money then hold your coins for some more time and when the price rise again you can sell them for higher price. Patience and courage is necessary for bitcoin investment.

hatsoff2btc

jr. member

Activity: 151

Merit: 2

Quote from: darkangelosme on June 19, 2018, 05:02:06 PM

Yes it is possible to happen what you've above, but i don't think it will happen easily unless there is a massive fud propaganda from the whales.

We can not say like this and it is totally irrelevant as we know that the market of Bitcoin recovered after down falls and this showed its potential and strength as well the support of people due to the response of Bitcoin. Now situations are not favorable for sellers but favorable for buyers, as buying rate is increasing so we will see a better value in the future.

Sowik

sr. member

Activity: 532

Merit: 327

After a huge bull run the bear run comes. Don't worry - it will go away and the bull market will return - when tho nobody can tell.

romero121

legendary

Activity: 3234

Merit: 1214

Vave.com - Crypto Casino

Quote from: Bagaji on June 22, 2018, 07:52:30 AM

Well, despite all the negative news and comments against bitcoin, I don't think it will collapse soon as it's main value is yet to be reached not minding the current market decline.

Agreed, and what is happening with the value of bitcoin is simply the market fluctuation. At times the fluctuations were taking place in large scale generating panic among the users. If this is to collapse on price fluctuations, the cryptocurrency industry should have faced it years back. Because similar growth pattern has happened in the past. Now as the price is found to reach a higher price and the sudden downfall looks like a collapse.

Bagaji

sr. member

Activity: 1330

Merit: 291

Well, despite all the negative news and comments against bitcoin, I don't think it will collapse soon as it's main value is yet to be reached not minding the current market decline.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: mornabo on June 20, 2018, 05:18:04 AM

Quote from: safarabela on June 19, 2018, 12:34:58 PM

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

No, bitcoin will not collapse for now. Bitcoin will increase from its current fall. Be patient and reassure yourself of bitcoin, hold the bitcoin you have, then you will get a good profit in the future.

thats true, it's too early to say bitcoin will collapse, while bitcoin is still in the development stage, there are still many potential users
in different parts of the world who will join, bitcoin will still continue to grow and develop, we have not reached the golden age yet

that is true, I am sure that more people will join with bitcoin and they will find that bitcoin can give them the opportunity to make money. besides that, bitcoin will make the price increase so high and this will makes people which are not joined into bitcoin will be amazed and shocked to see the price. in the next year, bitcoin will grow fast with the support from the technology and of course, the internet gives much information about bitcoin so it will make people curious about bitcoin.

Kiweikoo

hero member

Activity: 1036

Merit: 500

Quote from: Coinredd on June 17, 2018, 02:39:55 AM

The market today is turbulent but that doesn't mean bitcoin will collapse. precisely, this moment will be used to invest both bitcoin and altcoin. just waiting for time to go breakout.

The market conditions of Bitcoin is not good these days but only for those who have invested in a normal market so selling market will some only after long term hold. The market will never collapse and if it had to collapse then it would have collapse in the past or in the start of crypto market. Bitcoin has given its survival assurances and now it is our time to get benefit of this market.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: safarabela on June 19, 2018, 12:34:58 PM

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

No, bitcoin will not collapse for now. Bitcoin will increase from its current fall. Be patient and reassure yourself of bitcoin, hold the bitcoin you have, then you will get a good profit in the future.

thats true, it's too early to say bitcoin will collapse, while bitcoin is still in the development stage, there are still many potential users
in different parts of the world who will join, bitcoin will still continue to grow and develop, we have not reached the golden age yet

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: SIHIN on June 17, 2018, 08:16:43 AM

I think no. Bitcoin market will not collapse. Bitcoin will only decrease but will not collapse because there are many other bitcoin users who remain loyal using bitcoin. Bitcoin will go rise up very high again. Just wait.

In my opinion, neither Bitcoin market will collapse nor will the prices fall again. We are already in a point in time when the prices are down but look a bit stable below the low level of prices.

The collapse can only occur if all the people abandon on Bitcoin and completely stop their demand for it which I think can never happen because the currency has spread a lot and a very huge amount more than billions of dollars have been spent in the technology.

laravuemaster

full member

Activity: 378

Merit: 100

When Football meets Crypto

Quote from: EditorX on May 20, 2018, 12:40:30 AM

My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

No it will not collapse, the price of other cryptocurrency that are being rejected by the investors will just die because the platforms are the reason why ico's should be competitive in terms of long term investment in order for their own project to be chosen by different investors in the market.

darkangelosme

full member

Activity: 680

Merit: 103

Yes it is possible to happen what you've above, but i don't think it will happen easily unless there is a massive fud propaganda from the whales.

Topic: Is the Bitcoin market going to collapse? (Read 1090 times)