Topic: What would a bitcoin collapse look like? (Read 1507 times)
Is there more evidence to prove this?
It has been Collapse many times, from $1200+ to $200-, it definitely a Collapse. And nothing happened, it just rise again.
This, the collapse already happened, and guess what, it's holding on just fine. Unless by collapse you mean price going to literally 0, which is a non issue since that will not happen.Yes it had been collapsed before and now bitcoin will start come back to their real price, that is about $1000 per bitcoin. So before the price is going to 0 I guess that is not a bad thing to invest it for now, besides I dont think bitcoin will go 0 for the meantime
I think yes it is the best time to invest as the prices have gone down so the real investors who are looking for sound investment i think they should go for it right now. And bitcoin will come back very strongly and will reach to the next highest level in future its just a matter of time.
why people think that bitcoin is in the way to die/collapse or whatever, because of the recent dump? did you know that adoption is much bigger now than it ever was for bitcoin? there is no reason why bitcoin should collapse now instead of collapsing, let's say in 2012 or even 2013
price matter until a certain point, there are other factors to take in consideration, before you scream some death sentences...
price matter until a certain point, there are other factors to take in consideration, before you scream some death sentences...
Yeah You are Right. Even I dont See that bitcoin is collapsing. Its only the value of bitcoin has gone down in the recent time and people already started to believe that bitcoin is dead. Thanks to media who are experts in spreading the rumors related to bitcoins and people just gets carried away with it.
People that shout out that it is collapsing probably sold out to fiat and hope to get enough others to do so as well so they can buy back at a lower point.
Maybe a good shake up is needed, price of sub 100 would be interesting and really test bitcoiners.
Maybe a good shake up is needed, price of sub 100 would be interesting and really test bitcoiners.
It has been Collapse many times, from $1200+ to $200-, it definitely a Collapse. And nothing happened, it just rise again.
This, the collapse already happened, and guess what, it's holding on just fine. Unless by collapse you mean price going to literally 0, which is a non issue since that will not happen.Yes it had been collapsed before and now bitcoin will start come back to their real price, that is about $1000 per bitcoin. So before the price is going to 0 I guess that is not a bad thing to invest it for now, besides I dont think bitcoin will go 0 for the meantime
A popular fork is created.. half the exchanges move to it.. half don't.. most people don't get what's going on panic sell.. BTC and BTC2 collapse into the darkness.
It has been Collapse many times, from $1200+ to $200-, it definitely a Collapse. And nothing happened, it just rise again.
This, the collapse already happened, and guess what, it's holding on just fine. Unless by collapse you mean price going to literally 0, which is a non issue since that will not happen.
It has been Collapse many times, from $1200+ to $200-, it definitely a Collapse. And nothing happened, it just rise again.
Well people have been saying the same thing ever since bitcoin started and year after year people kept saying the same thing. If it were to collapse it would have happened years ago and not right now. Put aside coding weaknesses, for me, i see a fiat system which is centralized and heavily manipulated to have higher chance of a collapse rather than bitcoin.
A fiat system can collapse only when a state which emits that fiat collapses. In fact, the devaluation of national currency is usually taken on as one of the last resort measures to postpone an impending collapse of a state (e.g. due to warfare). Regarding what bitcoin collapse could look like, it is rather a question of bitcoin bubble collapse, not the coin itself or its concept. But we have already seen one, so nothing new...
Well people have been saying the same thing ever since bitcoin started and year after year people kept saying the same thing. If it were to collapse it would have happened years ago and not right now. Put aside coding weaknesses, for me, i see a fiat system which is centralized and heavily manipulated to have higher chance of a collapse rather than bitcoin.
Collapse...
Cats and dogs living together!
Whatever. There are plenty of doomsday scenarios and none are very likely. You seem to think that every potential problem has no solution. That's just being ignorant.
Price collapsed has already happened when central bank of china put a soft ban on it.
Failure due to problems with the application of the protocol, can be fixed within a couple of hours... It's not a train smash at all.
The driving factor behind the failure of Bitcoin or any other crypto currency for that matter, is the media {Shills} and over regulation from governments.
People tend to use the "collapse" word to easy... Everytime the price drops with $20 ....you get the "collapse" word being splashed around in the media.
For Bitcoin to collapse... all trade should stop.. merchants must stop accepting bitcoin as a payment method and miners should stop mining.
The driving factor behind the failure of Bitcoin or any other crypto currency for that matter, is the media {Shills} and over regulation from governments.
People tend to use the "collapse" word to easy... Everytime the price drops with $20 ....you get the "collapse" word being splashed around in the media.
For Bitcoin to collapse... all trade should stop.. merchants must stop accepting bitcoin as a payment method and miners should stop mining.
Very interesting, I have questions though. Currently, it doesn't seem like Bitcoin is running at overcapacity, so what makes you think it'll ever go to that point? I feel like the growth of Bitcoin is at a steady increase, yes, but not exponential to the point we aren't going to get confirmations and we create a memory backlog. I get it's possibly, more on the unlikely side in my opinion. Hypothetically speaking, if we were to get to a point of backlogs and confirmations taking forever to where we have a "bidding war" just to get our transactions confirmed, we can kiss BTC goodbye and move on to the next revolutionary technology in the realm of the internet.
just look at some radioshack charts
why people think that bitcoin is in the way to die/collapse or whatever, because of the recent dump?, did you know that adoption is much bigger now than it ever was for bitcoin? there is no reason why bitcoin should collapse now instead of collapsing, let's say in 2012 or even 2013
price matter until a certain point, there are other factor to take in consideration, before you scream some death sentences...
price matter until a certain point, there are other factor to take in consideration, before you scream some death sentences...
people only see what they want to see. with a low price there are loads of bitcoin will fail nonsense threads. that shows how little their knowledge about bitcoin is. or they are bears.
The Bitcoin developers look bad, the currency would look bad, people would start to lose faith in the protocol. People start to sell Bitcoin, head into “cold storage” to sell dormant BTC, and meanwhile the backlog gets worse and worse.
How did you know that developers look bad? I dont think there is some developer to control the movement of this bitcoin. I guess it is based on the market of the bitcoin volume so you can't judge them and there is still so much people invest in this bitcoin because they believe the price will going raise again. I think your statement too much false in it
i think it could be...
but not will be.
bitcoin was given up for dead a lot of times.
sometime i connect to this site to check the counter:
http://bitcoinobituaries.com/
but not will be.
bitcoin was given up for dead a lot of times.
sometime i connect to this site to check the counter:
http://bitcoinobituaries.com/
why people think that bitcoin is in the way to die/collapse or whatever, because of the recent dump? did you know that adoption is much bigger now than it ever was for bitcoin? there is no reason why bitcoin should collapse now instead of collapsing, let's say in 2012 or even 2013
price matter until a certain point, there are other factors to take in consideration, before you scream some death sentences...
price matter until a certain point, there are other factors to take in consideration, before you scream some death sentences...
It's not going to collapse, basically because we have billonaires on board that aren't simply going to sit back and see how it crashes. As for the hard for for the upcoming 20 MB, only stuck up retards will not be moving to the objectively improved 20 MB block size, the rest will be a bunch of autist running deprecated software, just like there are pseudo abandoned forks that only a few people run for some silly reason, while the rest of the people move on with the times and adopt the better software. We'll get through this, this is nothing.
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