Is the Bitcoin market going to collapse? - page 5.

Superzpay

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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 the market is not going to drop because of the coming of other coins but it is because of the bad news from some countries the price of bitcoin dropped, Which is now going to recover slowly.
It will recover much higher especially in this month because of Football world cup 2018 as the crypto is going to use as a main currency in that world cup and people from everywhere will know about that and will invest in that coin.

Sir Paijoe

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I'm always optimistic that bitcoin can overcome various issues and problems including declining prices like now, if anyone says bitcoin collapse then he will regret the next few months.

BitHodler

legendary

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Quote from: Idrisu on June 07, 2018, 04:00:51 PM

Many people have said one thing or the other about this market but I am not seeing it going down.

People are emotional creatures. If the price is heading up they expect Bitcoin to become the main currency of the world, where if the price is heading down all that positivity vanishes instantly and turns into negativity.

It all comes down to how uneducated they are. These people don't know how much of a risk they expose themselves to, and as result they blame Bitcoin for everything that goes wrong.

Another example of how people based on emotions can't act or think properly, is when people lose with gambling. In case of a loss they don't blame themselves for that, but the casino in question, which is just ridiculous.

The most common forms of blame towards casinos is that they are rigged, or that the owner on purposely let them win 5 straight small bets, but made them lose as soon as they went big.

Insanity.

Idrisu

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What is going to collapse it? I do believe that bitcoin has a very good structure and blockchain technology is here to stay. Therefore I did not see any force that is going to collapse it. Many people have said one thing or the other about this market but I am not seeing it going down.

Kevondo

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Quote from: miyaka26 on June 03, 2018, 11:25:55 AM

Collapse is a sudden fall down to a total crash and this is not an absolute crash, normal fluctuations, problems, and issues are arising in front of the community, many of the newbies and weak handed already given up from this phenomenon because they can't really understand that bitcoin is not an easy money rich quickly investments.

The price of Bitcoin is not collapsing, conversely to this statement the Bitcoin price is going high and its existence is growing more in the world due to the promotions of Bitcoin all over the world. The current market and the recent news are positive as the price increased constantly from 7k dollar to 7.7k dollar regularly. If this constant increase continues its trend then we will soon enter into high market.

oegarod

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Quote from: komrobert on June 07, 2018, 01:19:38 PM

Quote from: barbara44 on June 06, 2018, 05:07:06 AM

Quote from: laluna24 on June 03, 2018, 12:41:25 PM

Quote from: komrobert on June 03, 2018, 06:51:13 AM

Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.

We cannot say a collapse actually it so happen price fluctuation is strong on bitcoin. That is true, price drops but it is not forever in down trend. I don't see the future a collapse in bitcoin but I am positive it will going strong in increasing of value.

Bitcoin market is not collapsing as observing and proving by the current market conditions, the current market conditions are not bad but normal. We are looking for the rise very soon and the current conditions are the signs for soon recovery.

If the market had to collapse, it would collapse before in the beginning but it continued and is continuing its survival in the market which is showing its perfect strength.

I am totally agree with you. For now, the market is more stable than it was before. Yeah, the price is smaller than it was, but it's not so bad. And it will survive.

As mentioned it'll survive and there is no need of thinking anything about the long lasting. If bitcoin is to collapse, it could have happened long back when several issues arise pushing bitcoin down the track. But, bitcoin overcame those hurdles and grew much faster which confirms that bitcoin won't collapse.

komrobert

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Quote from: barbara44 on June 06, 2018, 05:07:06 AM

Quote from: laluna24 on June 03, 2018, 12:41:25 PM

Quote from: komrobert on June 03, 2018, 06:51:13 AM

Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.

We cannot say a collapse actually it so happen price fluctuation is strong on bitcoin. That is true, price drops but it is not forever in down trend. I don't see the future a collapse in bitcoin but I am positive it will going strong in increasing of value.

Bitcoin market is not collapsing as observing and proving by the current market conditions, the current market conditions are not bad but normal. We are looking for the rise very soon and the current conditions are the signs for soon recovery.

If the market had to collapse, it would collapse before in the beginning but it continued and is continuing its survival in the market which is showing its perfect strength.

I am totally agree with you. For now, the market is more stable than it was before. Yeah, the price is smaller than it was, but it's not so bad. And it will survive.

beerlover

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Quote from: HiBCDirect on June 03, 2018, 07:04:39 AM

To ty mind, it's only stabilizing right now. It's still pretty high, let's be honest, 20$k last year were more of a emboldmemt for the future, and not real vaue

Sounds like you have been shown the exact real value in your own dream.
No one knows what the real value would be, no one knows how low bitcoin will ever go and in fact, no one knows anything. The market can do as it pleases because that is what it is; a market !

No matter how optimistic and pessimistic some people may be, nothing stops what will end up happening from happening. Good the OP himself gave the right closing statement while answering his own question as I was going to ask if he understands the word collapse at all.

barbara44

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Quote from: laluna24 on June 03, 2018, 12:41:25 PM

Quote from: komrobert on June 03, 2018, 06:51:13 AM

Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.

We cannot say a collapse actually it so happen price fluctuation is strong on bitcoin. That is true, price drops but it is not forever in down trend. I don't see the future a collapse in bitcoin but I am positive it will going strong in increasing of value.

Bitcoin market is not collapsing as observing and proving by the current market conditions, the current market conditions are not bad but normal. We are looking for the rise very soon and the current conditions are the signs for soon recovery.

If the market had to collapse, it would collapse before in the beginning but it continued and is continuing its survival in the market which is showing its perfect strength.

coinfinger

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Activity: 1638

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Quote from: miyaka26 on June 03, 2018, 11:25:55 AM

Collapse is a sudden fall down to a total crash and this is not an absolute crash, normal fluctuations, problems, and issues are arising in front of the community, many of the newbies and weak handed already given up from this phenomenon because they can't really understand that bitcoin is not an easy money rich quickly investments.

Oh! It is not collapsing; if it had to collapse then it would have collapsed in the beginning. The Bitcoin market will never collapse as we know that this market has survived a lot and even in the tough situations and made its survival permanent. The current market value is on the increase trend but below 10k dollar which favors the investors to buy the coins and this market will soon uplift and will worth high and will payoff.

olumyd

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BTC has relevance as more crypto objects unveil. But thinking its market share will collapse on the speculative interest of ETH and other Blockchain assets, but when it comes to trading platforms, each of these blockchain assets are predominantly paired with BTC and others.

Kim Ji Won

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That is why we need a strong regulation to emerging cryptocurrencies so that we can avoid and prevent more shitcoins in going in the market.
Also, despite the many cryptos emerging, it will not affect the market of bitcoin in anyway mainly because most of them depends on bitcoin. The image bitcoin made through the years made it very reputable so even if its price is going downwards, many of us are still trusting and investing to it whenever we have the chance.

zakariajaki

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my current opinion is just simple what is called collapse? one knows from this time by looking at the sluggish psae but not collapse particularly and especially bitcoin, and in association with falling bitcoin prices and other altcoins soaring it is commonplace, even if the bitcoin price goes up is definitely the price altcoin is on its way down, my current view of market conditions between bitcoin and altcoin is just a matter of equal distribution to reinforce amid conditions of enthusiastic situation of investors and society is rising up, may be useful and successful for all of us

vickybitcoin

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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.

With the recent price decreases it is common reaction of people getting worried and thinks that bitcoin will colapse. Time and time again there has been deep falls with bitcoin this is commonly experience by the pioneers of these cryptocurrency but then again just when people think it will hit rock bottom it skyrocketted leaving the skiptics in awe. So just hold on we will see better days soon.

alex M

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I don't think so. If we say collapse, that means bitcoin will be crashed or going to zero value which is very impossible to happen. Though btc is highly volatile, still investors come and invest on it.

Anarchist

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it can happen if a day someone find a security issue, or if no one is using it

laluna24

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Quote from: komrobert on June 03, 2018, 06:51:13 AM

Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.

We cannot say a collapse actually it so happen price fluctuation is strong on bitcoin. That is true, price drops but it is not forever in down trend. I don't see the future a collapse in bitcoin but I am positive it will going strong in increasing of value.

miyaka26

full member

Activity: 476

Merit: 105

Collapse is a sudden fall down to a total crash and this is not an absolute crash, normal fluctuations, problems, and issues are arising in front of the community, many of the newbies and weak handed already given up from this phenomenon because they can't really understand that bitcoin is not an easy money rich quickly investments.

wiro 212

newbie

Activity: 218

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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 guess not, bitcoin is not yet time to collapse, it's just a price drop and it's normal because the bitcoin value is unstable. Wait until the end of 2018 and you will see bitcoin rising higher.

HiBCDirect

newbie

Activity: 98

Merit: 0

To ty mind, it's only stabilizing right now. It's still pretty high, let's be honest, 20$k last year were more of a emboldmemt for the future, and not real vaue

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