Why bitcoin will never fall? | Bitcointalksearch.org

Natalim

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Quote from: ecnalubma on April 30, 2020, 06:46:19 AM

Bitcoin is just getting stronger every year, despite its volatility the community keeps growing globally. In due time it will become a common form of investment just like stocks and other tangible assets. I believe it could soon dominate the market and reach a trillion in marketcap in few years or a decade.

I don't think so, bitcoin is very unpredictable, last year it had its bullish run but it did not ended well.
There is no such thing as stable growth in crypto, but I see in overall the market is already picking up and that is a good thing as we just need to get the confidence of the investors back so this market will survive and grow as it was expected.

More adoption to come means more strenght for the market, and the fundamentals are good, in fact we got countries this year which declared bitcoin as legal.

ecnalubma

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Bitcoin is just getting stronger every year, despite its volatility the community keeps growing globally. In due time it will become a common form of investment just like stocks and other tangible assets. I believe it could soon dominate the market and reach a trillion in marketcap in few years or a decade.

bearexin

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I would probably say that the biggest reason why bitcoin is loved so much and got so high is the fact that it gave us the power to control our own finances instead of someone else controlling for us. Maybe bitcoin price could be manipulated, maybe some rich person can buy a lot of bitcoin and increase it or sell a lot of bitcoin and drop the price, but all of those are available to us with no restriction or not control at all.

Fiat is not like that, governments control it like crazy and that causes people to not see fiat as something they have any control over, whereas on bitcoin you have decentralization and you have nobody's control on the blockchain, and you can do whatever you want without a trouble at all. That power of control is really what makes it so loved.

Bezobraznike

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I think that Bitcoin will survive because of decentralized system behind that power up everything around! Decentralization is what draw some people in, we like the fact there's nobody is in charge!
We have to keep ourselves, we don't need presidents and governments, we can monitor each other if we want that, Blockchain enable us to have full control over our funds and we can take a peak what
others are doing, if we want to! Basically Blockchain is the reason why Bitcoin will never fall, it's the ledger book we can trust, and people knows that, and many more will find out exactly that in future!

coinfinger

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Community is really in love with bitcoin a lot, I wouldn't really dream of a community like this if I built a project, Satoshi is really a genius but at the same time bitcoin was a bit more lucky as well, there was a chance it never really picked up and nobody really cared about it in the end as well, it could have really happened, think about it when it first started some person could have come up and bought all of the coins available, the first million coins could have been owned by that person, or they could have operated a HUGE mining facility for some other reason and as soon as bitcoin started could have turned it against bitcoin and just attacked it.

Basically there was many ways it could have gone wrong but some reason we are now at a level where we discuss why it will never fall, that shows how good bitcoin is but also a bit of luck as well.

Janation

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I could say two reasons: the community and Satoshi Nakamoto.

Despite the falls that happened, people are still supporting this cryptocurrency. They are persistent in making this one of the most popular investments of the year, it is not their goal though since all we know is that we just wanted to take part of that quick increasing profit. Then, we have Satoshi Nakamoto. To be honest, I don't know why he left but all I can say is that he is looking forward to the people to improve his work. The fact that we have the halving means he is aware that a lot of people would be using it in the future.

ballerin and giroud

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Quote from: Smitty Werben Man Jensen on April 25, 2020, 03:42:13 AM

Why? because Bitcoin already has a large community all over the world, I'm sure people who hold Bitcoin are already 50-60% worldwide, and 40% are whales, so it can be said that Bitcoin is still volatile, but to get back to 0 I don't think it's possible for Bitcoin!

It mean when whales sell their all bitcoin then we will see bitcoin price will go to lower event the price will touch below $500. Why are you so sure that 40% of bitcoin are owened by whales? Is there a proof? I think the reason why bitcoin never fall is bitcoin has been used for almost 11 years and until now the people always try to improve bitcoin system in order to be used by all human being. Also I see bitcoin as a successful technology that been created, at least bitcoin give an innovation or a solution for human being how to reduce the cost to transfer money. As we may know the cost to transfer money through money fiat take a long time and high cost per transaction especially if we send money to different countries.

Smitty Werben Man Jensen

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Why? because Bitcoin already has a large community all over the world, I'm sure people who hold Bitcoin are already 50-60% worldwide, and 40% are whales, so it can be said that Bitcoin is still volatile, but to get back to 0 I don't think it's possible for Bitcoin!

bitgolden

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Falling in financial markets is not really a big trouble, crashing is the big trouble and bitcoin even did that many times.

We have actually seen bitcoin move from 1400 dollars to 150 dollars, and also saw it move from 20k (all time high we never reached again) to 3k as well. What happened after all of those? We recovered, maybe we haven't recovered all that much from 20k because we never went back up there, but we have peaked at 14k last year and 10k this year, which goes to show you that bitcoin may go down but it will still go up, it may crash but eventually it will go up again.

danherbias07

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The really good thing about is there is no inflation.
No one can create more.
As time goes, many bitcoin will be lost taking its value to go higher.
That is reality.
Even if those are just satoshis of coins given in a faucets if forgotten cannot be brought back.
That may be the one reason it will never fall deep.

imstillthebest

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Quote from: maxreish on April 24, 2020, 01:30:51 AM

It will fall, yes. But how many times we saw bitcoin fall and also saw it standing and growing again?

many times buddy . those cant be counted because btc is already existing along time ago in this kind of manner .

Quote

Those who are pessimistic about bitcoin were those who do not take the risk of investing in bitcoin. Even in the dump times, investors are still holding. It's because it was proven that holding is still a benefecial choice and it's not forever bear.

there are people that already invested on btc but still doubted so they pull out thier money . these people take risk but not too much .

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Whatever be the reason for the bitcoin's fall. One thing is for sure. Bitcoin will always be a good and profitable cryptocurrency which can not be easily destroyed.

it cant be destroyed litterally but it can be destroyed on other ways like when its value is crashing too much and people are loosing hope . speaking of value crashing , these are times that bitcoin isnt profitable .

maxreish

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It will fall, yes. But how many times we saw bitcoin fall and also saw it standing and growing again? Those who are pessimistic about bitcoin were those who do not take the risk of investing in bitcoin. Even in the dump times, investors are still holding. It's because it was proven that holding is still a benefecial choice and it's not forever bear.

Whatever be the reason for the bitcoin's fall. One thing is for sure. Bitcoin will always be a good and profitable cryptocurrency which can not be easily destroyed.

STT

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Its a good question because I always thought BTC would return to 1000 area at least to double check prior pricing. To have people take 3000 area as the worst possible brief BTC price that can occur shows how much the base and value placed in BTC has progressed.
The basic reasoning for Bitcoin being useful and used is so much of the world has a threat to its FIAT holdings, to the money they are paid in and they are not able to save cash without the threat of loss and so Bitcoin becomes far more reasonable to hold for future costs especially digital considerations. Of course tech as a sector of the economy is increasing and so BTC is relevant.

dunfida

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Quote from: Natalim on April 23, 2020, 07:06:51 AM

As for me, I could trust bitcoin blindly as I have already made good profit with bitcoin.
Whatever I invested now is already part of my profit and I am willing to gamble that until the end with my only strategy which is to "HODL".

We are on the same foot where i do secure out first my capital then the profits had been re-roll for long term.This is totally risk free on your part since you've
been playing up with your profit and you do somewhat have that peace of mind no matter what happen on the market since you do already know that you have
already secured out your money.Bitcoin can still fail since nothing is assured when it talks to the future.Who knows that it might fall on next hour,day,month or years..

Natalim

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BTC to the MOON in 2019

Quote from: ultrloa on April 18, 2020, 07:29:29 AM

Quote from: Natalim on April 17, 2020, 09:50:29 AM

Quote from: Pamadar on April 16, 2020, 10:27:59 AM

Having the right mindsets and appreciates potentials will allow you to survive from this industry.

For bitcoin, we should put all our trust as bitcoin will not likely to fall, why? because it's bitcoin who is holding this market as altcoins do literally rely on bitcoin's success, if bitcoin will fail, the whole market will fail, that's the simple logic I believe why I hold bitcoin for long term.

Trust with precaution since eventhough bitcoin is trusted and strong still the volatility so we might lose some value from the dumps happening but if we are smart to play the market then might we will earn with it, but if we talk about its strength for sure this is solid since the foundation of bitcoins is pretty much strong and the people behind and the whales for sure will not let this down since many people earning with bitcoin technology.

As for me, I could trust bitcoin blindly as I have already made good profit with bitcoin.
Whatever I invested now is already part of my profit and I am willing to gamble that until the end with my only strategy which is to "HODL".

Arkann

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Of course, various factors influence the cryptocurrency market, as well as a single cryptocurrency. The value of Bitcoin also depends on many situations, but nevertheless, every investor and even many analysts claim that the current performance of bitcoin, as well as $ 20,000 for Bitcoin in 2017, is just the beginning of a very long way to the top of success. Of course, this path will be very long and long, but it is safe to say that each investor will receive very good results from their investment in bitcoin.

Ridwan Fauzi

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Quote from: Natalim on April 17, 2020, 09:50:29 AM

Quote from: Pamadar on April 16, 2020, 10:27:59 AM

Having the right mindsets and appreciates potentials will allow you to survive from this industry.

For bitcoin, we should put all our trust as bitcoin will not likely to fall, why? because it's bitcoin who is holding this market as altcoins do literally rely on bitcoin's success, if bitcoin will fail, the whole market will fail, that's the simple logic I believe why I hold bitcoin for long term.

And history is an appropriate excuse to believe bitcoin, I have a simple example for bitcoin who will still alive or at least we can believe it on the price side.

Halving event has been held for twice thus far. And if you see the privious halving event bitcoin price are always up drastically and lead to the new all time high.

Which I think this event can be made as a basic that bitcoin will never fall. As you may know bitcoin price is depend on supply and demand which I think this event can be made as a way for bitcoun touch another all time high.

Sanitough

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Quote from: aioc on April 17, 2020, 12:18:26 PM

We have whales like the CEO of Binance to rely on, they are our pillars I believe they will not let Bitcoin and the market to crash, so far the market is now performing better in this pandemic, this is probably Bitcoin biggest trial in all of its ten years of existing and it's doing good, after this pandemic the market will be stronger more than ever.

Definitely they would do in all with their power to keep bitcoin survive in case bitcoin will struggle.
It's not a commodity so it will not fall in crisis when there is no demand, it remains online and the good thing is its decentralized so the demand will contiue as the operation exist 24/7. Bitcoin has gone the worst possible case scenario, but it did survive, and therefore we should not doubt its future.

milewilda

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Quote from: pixie85 on April 18, 2020, 04:49:05 PM

Quote from: fl1pex on April 11, 2020, 07:20:50 AM

No, I think it will never be lower than 2-3 thousand

That means it will fall, just not fail.

Saying that it will never fail is naive because it has fallen to 4000 dollars this year so it sure is able to fall.

If we get a giant recession bitcoin could follow the stock market like it just did and fall lower. It all won't matter much because it will still come out on top. Short term market price is not important.

Dont know how people differentiate fall into fail thing.We know that fall or corrections does happen but it doesnt mean that it did fail (0 price or close to it). Nothing is guaranteed when it comes to its price yet market
is always unpredictable because the entire market does depend on demand itself.We know on whats the advantage of crypto over the centralized system and this is the main reason why it do still kick after all these years but doesnt mean that it wont fail but for now its too early to say such thing.

pixie85

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Quote from: fl1pex on April 11, 2020, 07:20:50 AM

No, I think it will never be lower than 2-3 thousand

That means it will fall, just not fail.

Saying that it will never fail is naive because it has fallen to 4000 dollars this year so it sure is able to fall.

If we get a giant recession bitcoin could follow the stock market like it just did and fall lower. It all won't matter much because it will still come out on top. Short term market price is not important.

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