Nobody should really consider this "forever" thing that long because in the end we are not going to live forever. However when you are talking about "never" you should be more clear, do you mean ever in history or do you mean ever in our lifetime or do you mean even a shorter span that makes more sense like in the next 10 years for example. Bitcoin is something that is against inflation, the more dollar devalues the more bitcoin gains value, and even though people are the ones that decides on what bitcoin price is, they generally realize it is a worthy investment.
So, in the next 10 to 20 years it will of course always goes up, sure there will be down times but in the long run we are going to be good. In our lifetime we may see a competitor for bitcoin that is better and in 200-300 years none of this will ever matter.
Topic: Why bitcoin will never fall? - page 2. (Read 708 times)
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.
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
That depends on the number of people who continue to invest and trade in cryptocurrency. That also, can be noticed by the exchanges on volume trades daily, monthly, and yearly. Bitcoin cannot fail, when people don't stop investing in crypto space, that's just simple. 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.
The market should be doing great because it wasn't directly affected by the pandemic, which the current figure represents that cryptocurrency wasn't really directly affected by the events outside the crypto space. Though there might be a slight effect, but It won't really hurt the market that much.
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.
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. Bitcoin fall but will never fail.. that's how bitcoin works for now due to its volatility.
in the past, it's been falling hard many times, some people even think that it will not recover anymore but it always prove to be a strong asset.
this time around, it fall to $4K but it did rise again, so that's the beauty of bitcoin and you'll gain if you are trading with its volatility.
its short term may not be so stable but its' long term has a great potential.
Exactly, bitcoin unpredictable movements are benefits to those who understand this behavior. For some point it's really moving downwards but given some time it will bounce back and rise up again. If you do have good knowledge and you know how to handle risk the chance of collecting decent earning from this volatile situation is very possible to manage. Having the right mindsets and appreciates potentials will allow you to survive from this industry. in the past, it's been falling hard many times, some people even think that it will not recover anymore but it always prove to be a strong asset.
this time around, it fall to $4K but it did rise again, so that's the beauty of bitcoin and you'll gain if you are trading with its volatility.
its short term may not be so stable but its' long term has a great potential.
Bitcoin fall but will never fail.. that's how bitcoin works for now due to its volatility.
in the past, it's been falling hard many times, some people even think that it will not recover anymore but it always prove to be a strong asset.
this time around, it fall to $4K but it did rise again, so that's the beauty of bitcoin and you'll gain if you are trading with its volatility.
its short term may not be so stable but its' long term has a great potential.
in the past, it's been falling hard many times, some people even think that it will not recover anymore but it always prove to be a strong asset.
this time around, it fall to $4K but it did rise again, so that's the beauty of bitcoin and you'll gain if you are trading with its volatility.
its short term may not be so stable but its' long term has a great potential.
Because its function and its feature.
I mean, we need bitcoin for the solution of human being in the future.
Money fiat doesn't run correctly, most of them are manipulated.
But when you see bitcoin and some altcoins I think it is far from manipulation and can help many people for their daily life.
I mean, we need bitcoin for the solution of human being in the future.
Money fiat doesn't run correctly, most of them are manipulated.
But when you see bitcoin and some altcoins I think it is far from manipulation and can help many people for their daily life.
Even how many times bitcoin will make a huge dumps or pumps to it's price, it will not die because it is still normal due to it's volatility. Bitcoin can still recover it's price as soon as possible because there are still people who can hold their bitcoin until the very end just to maintain their long term investment, that is why bitcoin will never fall.
And it happens oftentimes. We've come to this kind of market and nothing anew to see, dumps and pumps come along in time.
Some people weakens while the others get stronger. Some sell their Bitcoin but the others catch it. We have this market for more than a decade already and that it simply means that the crypto market already has a strong foundation.
Some people weakens while the others get stronger. Some sell their Bitcoin but the others catch it. We have this market for more than a decade already and that it simply means that the crypto market already has a strong foundation.
Conspiracy: It as created by the Illuminati community so it will never fail. 
It surprises me but something it could help and maybe it was the reason. Well, thanks Illuminati community but I'm not really thinking about it. 
Bitcoin might fail several times but the real thing is it got recovered from all the failures and made a comeback after them and price that why we need to hold the decentralized assets for payment or for investment.
Conspiracy: It as created by the Illuminati community so it will never fail.
Conspiracy: It as created by the Illuminati community so it will never fail.
^ Definitely right, dont worry much because Bitcoin will never fall. Probably there is a small correction that may occur but that is only a small correction. From time to time Bitcoin will resist its price, while you are holding only the value on it was probably lost but the quantity or number of Bitcoin you have held will remain the same. Bitcoin will never fall because there are demand and supply that makes Bitcoin fluctuate the price.
The recent correction is not shallow because it is too deep that indicating that the selling pressure is very high. The current price of the bitcoin resists in its major resistance arounf $7000 and for there will a bounce that will happen. I'm looking for entry and I'm just waiting the right time to buy but I will only allocate small amount percentage of my portfolio because the market is too volatile and therr is possibility that my bias turned against me. you are looking at the size of the drop instead of also taking into consideration the duration of the drop.
you see dumping bitcoin price is not a hard thing. on any exchange a large sell off can easily cause a very big drop. 40% is tiny in comparison. it can be dropped down to $100 or less. but the important part is if it could last there.
because exchanges are scams waiting to happen, a lot of traders stay away from them as often as they can. so when a drop happens it takes time for them to go buy the cheap coins. if you look at the recent drop you can see that the $3800 didn't last at all. as soon as traders go the whiff of the drop they rushed to buy it and price jumped back up. so in fact the recent drop that bitcoin had was only from $9k to $7k or about 22%.
in short there weren't that big a selling pressure, there was only a sudden panic sell that was most probably a whale manipulation.
First: Bitcoin survives thanks to mining.
Second: Bitcoin has already been through falls and several bearish trends. This is a very persistent asset. Its system is designed in such a way that rate corrections and other adverse market conditions will not pose a threat to the existence of Bitcoin.
Third: it is very banal, but it is used by a very large number of people working with cryptocurrency. Bitcoin is like a dollar, only in the cryptocurrency world, well, it is worth an order of magnitude higher)
Well, another thing that can be said is that they invest in it and sell it and buy it. And this keeps the market going
Of course, this is all very superficial, but you should not worry that it will start to fall heavily at some point (although I think that when it falls heavily and then there will be a strong jump)
All of these are not enough if all the governments will counter bitcoin by banning it and all the users will fined or jailed if they will be found using it. But don't worry, these scenario is very close to impossible to happen because of the wide adoption of bitcoin and the big whales are favoring it over other currencies.Second: Bitcoin has already been through falls and several bearish trends. This is a very persistent asset. Its system is designed in such a way that rate corrections and other adverse market conditions will not pose a threat to the existence of Bitcoin.
Third: it is very banal, but it is used by a very large number of people working with cryptocurrency. Bitcoin is like a dollar, only in the cryptocurrency world, well, it is worth an order of magnitude higher)
Well, another thing that can be said is that they invest in it and sell it and buy it. And this keeps the market going
Of course, this is all very superficial, but you should not worry that it will start to fall heavily at some point (although I think that when it falls heavily and then there will be a strong jump)
So in your statement, I will side with you that as of this moment bitcoin will never fall if there will be no intervention with all the governments which is very rare to happen in the future.
^ Definitely right, dont worry much because Bitcoin will never fall. Probably there is a small correction that may occur but that is only a small correction. From time to time Bitcoin will resist its price, while you are holding only the value on it was probably lost but the quantity or number of Bitcoin you have held will remain the same. Bitcoin will never fall because there are demand and supply that makes Bitcoin fluctuate the price.
The recent correction is not shallow because it is too deep that indicating that the selling pressure is very high. The current price of the bitcoin resists in its major resistance arounf $7000 and for there will a bounce that will happen. I'm looking for entry and I'm just waiting the right time to buy but I will only allocate small amount percentage of my portfolio because the market is too volatile and therr is possibility that my bias turned against me. Failure is subject though, mining? of course, because there are incentives to mine bitcoin obviously, individuals or big entities will continue to mine as long as they are going to make money out of it. We won't be hear, 10 years or more has pass and bitcoin is still standing, the price goes on a bubble in 2017 and even though we have been through a lot of tough times, it is so resilient. I don't know why you compare bitcoin to dollar though, maybe what you mean is that bitcoin is like a currency.
If mining is the only done for profit then once the halving takes place you will not find many miners mining the coin if the price does not go up as they will not even break even to the expense they are encountering mining the coin,the miners need to find a solution to overcome these situation if the price does not go up as expected. 
There's no way people would just abandon Bitcoin just because it is starting to drop or someone tip them off that Bitcoin will going to die. Bitcoin has been massacred in the past a hundred more times because they saw that their investment is failing and it pushes them to sell low like they blame Bitcoin for that, where in fact it's the supply and demand makes it possible to move up and down. Despite of the market manipulation Bitcoin will still going to survive because it is an innovative creation of technology.
It seems to me that in any case, bitcoin has very good prospects in the future, even if you do not take into account its relevance in the cryptocurrency market due to its volatility. Of course, forecasting which year for Bitcoin will be the most successful is almost impossible, but in any case, our happiness is that big whales keep their bitcoins in their wallets, rather than trying to sell. Otherwise, failure will await us all.
There's no way people would just abandon Bitcoin just because it is starting to drop or someone tip them off that Bitcoin will going to die. Bitcoin has been massacred in the past a hundred more times because they saw that their investment is failing and it pushes them to sell low like they blame Bitcoin for that, where in fact it's the supply and demand makes it possible to move up and down. Despite of the market manipulation Bitcoin will still going to survive because it is an innovative creation of technology.
^ Definitely right, dont worry much because Bitcoin will never fall. Probably there is a small correction that may occur but that is only a small correction. From time to time Bitcoin will resist its price, while you are holding only the value on it was probably lost but the quantity or number of Bitcoin you have held will remain the same. Bitcoin will never fall because there are demand and supply that makes Bitcoin fluctuate the price.
Buyers are not always there to pump up the price, they are mainly there when the price goes down way too much, because nobody really thinks bitcoin should worth too little, we value it too much and whenever the price goes down we do help it go back up with our purchasing since we see bitcoin going down as a discount price on bitcoin and that causes it to go up when we all end up buying.
However let's not act like price never falls, we were above 10k just this year in 2020, right now we are under 7k, that is a huge drop that as you can see hasn't recovered just yet, which means not all drops have a bounce back. Sure we do not go down too much but we do go down a bit, that is how bitcoin movements work, it goes down A LOT (like from 10k to under 4k) and then recovers a bit (like from under 4k to around 7k).
However let's not act like price never falls, we were above 10k just this year in 2020, right now we are under 7k, that is a huge drop that as you can see hasn't recovered just yet, which means not all drops have a bounce back. Sure we do not go down too much but we do go down a bit, that is how bitcoin movements work, it goes down A LOT (like from 10k to under 4k) and then recovers a bit (like from under 4k to around 7k).
Truly, I don't worry much.
Maybe for those who have invested their life savings. Yeah, they should worry.
But it should not be that way right?
Just the right amount will do fine once every month.
The good thing is it might take long before everything will be fruitful. This is just the start.
So, we have more time to keep saving bitcoin instead of just waiting for the bank to give back the little interest.
Maybe for those who have invested their life savings. Yeah, they should worry.
But it should not be that way right?
Just the right amount will do fine once every month.
The good thing is it might take long before everything will be fruitful. This is just the start.
So, we have more time to keep saving bitcoin instead of just waiting for the bank to give back the little interest.
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