What Else Will Bring Bitcoin Price Down and Keep It There - page 2.

layoutph

sr. member

Activity: 1372

Merit: 255

If a dying patient is fighting for his life he will keep breathing. Remove the source of breath and he will die. Now, if you want to kill BTC, then remove the miners, stop them. Thats what Roger Ver did, he bribe the miners to leave BTC. He also spam the blockchain with garbage transactions to keep the BTC blockchain busy while we are lacking miners.

We need more miners.

Quote from: sirkings0003 on November 17, 2017, 11:47:58 AM

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: sirkings0003 on November 17, 2017, 11:47:58 AM

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

Government over-regulation could make cryptocurrency prices drop significantly although some people think that it wouldn’t have that affect.

A major problem or scandal at a large cryptocurrency exchange could bring the price down at least temporarily. We have seen this happen with MtGox and Cryptsy with major disruptions to the market.

For Bitcoin specifically, if fees get too high and transaction times get too slow and these issues are not addressed, the free market would most likely result in the Bitcoin price dropping as other altcoins took the market cap lead.

maxbit

full member

Activity: 266

Merit: 100

At this point it is a freight train, traders and bots are selling and droppig the price but then other traders and bots are buying the dips and pumping it up. I'm looking for 1k b4 the end of the year. Just 1 month ago I was calling for 10k by mid jan, but now it is accelereted

jak3

legendary

Activity: 1274

Merit: 1004

This month was horrible month, because many countries have decided to ban Bitcoin and they are preparing them self for this action. Even though Bitcoin is being done and these countries but still be used all over the world. Yes you heard it right if you are in a country or Bitcoin is going to be illegal then you are going to earn your Bitcoins and send it somewhere else and something else with does not relates to the bank.

psibenik

member

Activity: 72

Merit: 10

High frequency trading

EDWARD78

newbie

Activity: 25

Merit: 0

The more integrated it becomes, the harder it’ll be to ban it.
Once it starts making its way into mom and pop’s investment portfolios, it’ll be unstoppable, imo. Inclusions by Goldman Sachs, CME and others that follow work to this goal.

bitart

hero member

Activity: 1442

Merit: 629

Vires in Numeris

Quote from: Lyancy001 on November 17, 2017, 01:13:03 PM

Quote from: sirkings0003 on November 17, 2017, 11:47:58 AM

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

For me, if you want to keep Bitcoin price at the bottom is you need to kill all the internet all over the world. And also try taking out the power, if you can.

Don't be so sure... if your government bans bitcoin from a day to another, and wants to send you to jail if you transact or just own bitocin, would you risk it? I know that some of the people would risk it, but not all of the people who owns bitcoin now. So if eg. half of the current bitcoin owners will be forced to quit bitcoin, it would affect the price heavily. So as long as we're not disturbing governments and banks too much, this is a good situation, but as bitcoin grows, there will be a point where we need to prepare for regulations. (which has already started, exchanges KYC, AML, etc...)

Lyancy001

full member

Activity: 126

Merit: 100

Quote from: sirkings0003 on November 17, 2017, 11:47:58 AM

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

For me, if you want to keep Bitcoin price at the bottom is you need to kill all the internet all over the world. And also try taking out the power, if you can.

coolcountry

member

Activity: 154

Merit: 11

The people not trusting the currency anymore. Barring any government intervention of course. The only internal problem which would lead to bitcoin "imploding" would be people losing their confidence in bitcoin for whatever reason.

sirkings0003

member

Activity: 252

Merit: 10

Telegram: https://t.me/ViolaAI

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

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