what will happen - page 5. | Bitcointalksearch.org

magneto

hero member

Activity: 1666

Merit: 753

Quote from: Derek86 on February 21, 2018, 09:58:32 PM

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?

If the sole reason for the dump was that people offload their coins and think that crypto has no future, and making an irrational decision of dumping off more coins because of that and bitcoin has not intrinsically changed, then yeah, I have full belief in bitcoin making a comeback and increasing to much higher levels when people get out of that mindset.

If BTC drops 90% on any given day, there will be a rebound.

Whether a temporary or long term one, we'll not know until it actually happens. But markets will rebound after a huge price tank like that. If you're holding your coins to prepare for a financial collapse, you should be prepared for these events to happen.

creeps

full member

Activity: 742

Merit: 144

If the reason of that dump are really acceptable I don't think bitcoin can survive, but I still believe that bitcoin will not back on that price and its really impossible because many people will suffer if that things happen. Bitcoin is created for a brighter future and I believe we will on higher level in the coming year, though FUD will still be there but still bitcoin will go higher no matter what.

Fuhre

full member

Activity: 644

Merit: 107

Quote from: Derek86 on February 21, 2018, 09:58:32 PM

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?

yes, of course it will recover because IMO bitcoin is designed so that its price fluctuates. maybe some people would panic if the price fell again below the $ 10,000 figure but I would not panic, why? yes, as I said before its "in fluctuating design" so what should be in the panic. if true will fall in my opinion will not be long, bitcoin will soon improve its performance again and will keep pumping.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

It completely depends on the reason of why it crashed. If it's just plain 'ol market volatility, then sure, chances are it will rebound back up in the future. But if it's something like the developers abandoning the project(which is very very unlikely in my opinion) then it might not recover if no one is going to continue to work on the project.

Derek86

newbie

Activity: 75

Merit: 0

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?

Topic: what will happen - page 5. (Read 620 times)