Topic: WHAT HAPPENS IF BITCOIN POPS? (Read 661 times)

It is right you have curious question as a newbie, because when i was new in bitcoin then most of the strange questions come on my mind. But when i entered in bitcoin then my curious has been finished. I tell you only one thing that coming time is for crypto currencies time. In future people like to use online currency and in it, bitcoin will be best.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Well, everything is simple - people who invested in bitcoin will lose their money unless they will trade it before bubble pops. Actually, the blow is possible because bitcoin is a virtual money and its price depends only on what's happening on the market. There could be speculations that can drop its price as well as make it high.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Bitcoin will increase $50000 in 2018

Well, did we not have the bubble popped already unless you feel we are still in a state of bubble ?

The bubble really was huge in the previous days but I am sure we may have been able to find a bottom already unless it is a fake bottom for now. I would call the previous rally from $10k to 19k a bubble honestly, but we are even lucky and sure shows how strong the community is to have been able to find the correction just to this level.

Well, did we not have the bubble popped already unless you feel we are still in a state of bubble ?

The bubble really was huge in the previous days but I am sure we may have been able to find a bottom already unless it is a fake bottom for now.

Re: WHAT HAPPENS IF BITCOIN POPS?

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

yeah, I am sure that satoshi will take care his keys and not let other people know where he saves it. I think bitcoin will increase back after this bloody December and will reach the higher price. but I cannot imagine if somehow satoshi dump the price and I am sure that he can make a lot of money with his bitcoin.

i dont think satoshi would be likely to lose his keys.

I agree with the rest of your post, but this part is highly unlikely in
my opinion. It is much more likely that the keys to Satoshi´s coins
are lost forever.

They will never enter the market and can be pretty much ignored for
all purposes.

Current holders won't be letting it happen, these who own large amount of bitcoins are the only ones that may do a move to decrease its price... no wonder these who bought at high prices...

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

I agree with the rest of your post, but this part is highly unlikely in
my opinion. It is much more likely that the keys to Satoshi´s coins
are lost forever.

They will never enter the market and can be pretty much ignored for
all purposes.

... Satoshi has over a million bitcoins that will eventually enter the market. ....

Current holders won't be letting it happen, these who own large amount of bitcoins are the only ones that may do a move to decrease its price... no wonder these who bought at high prices...

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

History repeats itself. bubbles have previously popped on different industry/market. for a better answer, I would suggest doing some TA on the previously popped market.

Yeah, well, that’s monstrously expensive. I don’t have a contact in another country to do that for me and that’s too much trouble. Why would I do that anyway when I can pay with google wallet, it’s cheap, it’s fast and it’s free.

Bitcoin is like USD of cryptos. If it falls, the entire crypto economy will fall, money will start disappearing from the markets. And just so you know bitcoin is not a bubble for it to pop. There are so many factors that prove bitcoin not to be a bubble. The word bubble came to bitcoin only because of stock market buyers assuming shit. Do not tend to confuse bitcoin, my friend.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

That's not an issue. You just buy Bitcoin, then transfer it to the person in the other country (which Paypal doesn't support), and the person converts back.

I have been involved in Bitcoin transactions a lot, and the price fluctuation is not a problem for people.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Really? From what I can see it’s still worth $5,000 less than it was two weeks ago. It’s lost one quarter of its value in under two weeks. Why would anyone trust a currency that moves by one quarter of its value that fast? However, for a speculators play toy that’s great.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Really? From what I can see it’s still worth $5,000 less than it was two weeks ago. It’s lost one quarter of its value in under two weeks. Why would anyone trust a currency that moves by one quarter of its value that fast? However, for a speculators play toy that’s great.

Yep. In the last 2 weeks it popped all the way up to an ATH, then popped down in a lovely beartrap and popped right back back up to where it was 2 weeks ago.

Poppity pop. 

It would heavily set back the cryptocurrency scene, because currently pretty much all altcoins rely on bitcoin to succeed. But bitcoin will not pop because there is no reason for it to. Sure, the network has problems and the price has fallen recently, but it will eventually recover.

What happens IF bitcoin pops?  Have you been in a coma in your local hospital for the last two weeks?

Well, everything is simple - people who invested in bitcoin will lose their money unless they will trade it before bubble pops. Actually, the blow is possible because bitcoin is a virtual money and its price depends only on what's happening on the market. There could be speculations that can drop its price as well as make it high.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

Gold is used in a lot of products and processes, from jewelry to audio gear to space technology to nano particles for chemotherapy. Bitcoin on the other hand is nothing, it's just an idea.

Actually, gold has been valuable throughout history, when those things didn't exist (or even a few hundred years ago). Kings made chairs out of gold, and were buried with it. It is actually just a shiny rock that doesn't perish. Bitcoin can have similar value, if you consider that. In the end, everything is really just an "idea". However, in the modern era, we now realize that computer code is just as real as something physical.


China, Venezuela, Bolivia, Ecuador, Nepal, Morocco, Bangladesh and now Israel, the list of countries that are cracking down on bitcoin keeps growing rapidly. Do you think governments will just sit back and let some virtual currency replace the currency they control ? The EU is coming with legislation in a few months too.

At the same time, Bitcoin is legal tender in Japan? CME regulation is a big approval in the US. I actually agree that digital currency is threatened by governments. At the same time, with 200 trillion USD worth of financial assets (let's make this an estimate) circulating in the world, if even a small fraction of that is in digital currency, w/ 40% BTC dominance, we will have a massive price.

That's what people said about BCH too. BTC has become unusable as a payment system and some virtual coin WILL replace it some day. I expect that this day isn't too far away.

We will see about this. I won't try to predict the future.

Bitcoin itself is capped but anyone can start a coin that's limited nowadays. Just because it's limited doesn't make it valuable. In the end people will want to use it as a payment system, if that's not possible, the coin will die and will be replaced by a better one. Just like we're seeing right now.

It is rather a store of value, with the legacy Bitcoin name, and limited supply. The reason gold has been valuable through the entirety of human history was just because it looked shiny and cool, and not because of its utility.
You never use gold to buy milk or make any general transactions, so it must be worthless right? Gold is one of the most manipulated commodities on the market, and the government pretty much controls the supply (which we don't know), so it must be worthless, right?

Your other statements are misleading - who cares about Israel when the USA SEC approved CME futures?

Who seriously cares about these recent forks?

And of course, the tulip bulb mania is worlds apart from Bitcoin. The supply of tulips is not only infinite (uncapped), but anyone can just plant some, for starters. That alone knocks out the comparison.

Right. It's just impossible that a coin with $55 transaction fee, a maximum of 7 transactions world wide per second, only 3 out of the top 500 online companies offering it (down from 5 from in 2016), and governments actively cracking down on it (see Israel today) and which is being forked once every week, will go to zero A tulip will always be worth tens of thousands of dollars ! Or so they thought ...

A tulip will always be worth tens of thousands of dollars ! Or so they thought ...

there is no way that you can lose all your money if you just keep holding.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value.

Can anyone give me understandings as to why that won't happen?

If it does pop and lose its value then its obvious that investors will lose their money as well. It will cause a setback in crypto environment since most altcoin relies on Bitcoin. If just in case it will really lose its value and won't recover then I guess another altcoin will eventually play as replacement of Bitcoin. If you are worried about Bitcoin or other altcoin disappears in the future I think that depends if there won't be people making any computer transactions that time since crypto relies on computer transactions as far as I know.

Hey ya'll, curious question from a newbie here. I was wondering what would really happen to everything if ever bitcoin does pop and lose a huge part of its value. Can anyone give me understandings as to why that won't happen?