It won't fail trust me man. Bitcoin has a very strong foundation and already made its point in the business that why bitcoin won't fail.
To be very honest, i think bitcoin is itself a big set up which i hope will not fail and will long for years . But still nothing is permanent , a better thing replaces the earlier versions as we see in the financial markets that usually happens everywhere globally. I see the bitcoin in the coming days can be made as a monetory asset with respect to the local currencies & the usage can be made more by increasing the merchants in most of the sectors to start people making use of bitcoin effectively and reduce the local currency cash deficit which will make the economies even more stronger and digital arena will come into place giving lots of benefits to the large investors and users in future.
Topic: Will Bitcoin be too big to fail? - page 11. (Read 5491 times)
No the company and management of bitcoin performs excellent in the public market.
Their dedication, hard work, passion and perseverance just to provide an excellent service give them more chance to survive in this industry.
Their dedication, hard work, passion and perseverance just to provide an excellent service give them more chance to survive in this industry.
In my opinion, the current fall of Bitcoin is impossible. It has developed very well and has come into effect in almost every human being in well-developed countries. He can not threaten anything.
No the company and management of bitcoin performs excellent in the public market.
Their dedication, hard work, passion and perseverance just to provide an excellent service give them more chance to survive in this industry.
Their dedication, hard work, passion and perseverance just to provide an excellent service give them more chance to survive in this industry.
No, I think it is impossible to happen that the company and management of bitcoin will strikes down which leads to bankruptcy.
As long as the company and management of bitcoin performs well the public market they are unstoppable.
As long as the company and management of bitcoin performs well the public market they are unstoppable.
There is no such thing impossible in this world. Even the strongest one can be defeated. Aslong as the company and management maintain their excellent perform execute to the market they can achieve lots of this in future.
there is no such thing as too big to fail for a decentralised blockchain I believe. No one person controls it.The network effect will continue to grow, stronger and stronger.
It won't fail trust me man. Bitcoin has a very strong foundation and already made its point in the business that why bitcoin won't fail.
Since the blockchain technology is unhackable , I cannot see any reason why would fail unless there is someone or group of people who for the first time can create a program that could hack blockchain. But that is nearly impossible. Well, I know government is still the most powerful one but I think in their own thoughts they are considering this crypto world. So the word failure is not yet on the path of Bitcoin.
But this is not the point. As far as I understand the main idea of the OP, he kind of means that a government, for example, the American government, is going to back it up somehow when Bitcoin grows too big. Since its collapse would cause severe repercussions throughout economy, the government will have to step in and bail it out. In my view, this is unlikely. The US government bailed out the banks in 2008 because they were the US banks. But Bitcoin is obviously far from that.
Since the blockchain technology is unhackable , I cannot see any reason why would fail unless there is someone or group of people who for the first time can create a program that could hack blockchain. But that is nearly impossible. Well, I know government is still the most powerful one but I think in their own thoughts they are considering this crypto world. So the word failure is not yet on the path of Bitcoin.
Who knows, even the strongest person can be defeat as saying goes.
In my own opinion as long as they become consistent on what they’re doing and improve always their internal relationship and management they can be unstoppable and indestructible.
In my own opinion as long as they become consistent on what they’re doing and improve always their internal relationship and management they can be unstoppable and indestructible.
Let's see how much the blockchain technology will govern our planet. The growth of capitalization tells us that more and more people invest in any projects that will improve our lives. So I believe it to be a success and not a failure.
There are very few chances of getting Bitcoin back to ordinary price. As already many new investors start to invest in altcoins too.
Second important thing is Bitcoin have limited supply and according process of production is bit slow in this and onward halving, So if consider demand of Bitcoin globally, there are very rare chances of getting bitcoin fail.
Bitcoin is really a long term investment, after decades value of Bitcoins will be skyrocket.
Second important thing is Bitcoin have limited supply and according process of production is bit slow in this and onward halving, So if consider demand of Bitcoin globally, there are very rare chances of getting bitcoin fail.
Bitcoin is really a long term investment, after decades value of Bitcoins will be skyrocket.
It could happen, nothing is impossible in this world like bitcoin will fail. But these predictions are not necessarily true, it could be current or in the future bitcoin more glorious.
too big to be unsuccessful means the agent is willing to save the failed job. There is no central agent for Bitcoin. This is the best free market!
We must all be prepared for the delayed success. But realistically the only thing that makes bitcoin happen is the fact that a community of believers has value.
We must all be prepared for the delayed success. But realistically the only thing that makes bitcoin happen is the fact that a community of believers has value.
I consider bitcoin as a great coin along all the coins. It is not going to a big fail even people say that it is going down this year. I am sure that it will increase easily big not a big fail.
We should consider bitcoin as the mother of all coins. Many coins are dependent of bitcoin by some reasons. I could say that it is really too big to fail. Many people was fooled by the bch pump earlier this week but it was just temporary. People are now going back to bitcoin and I can see bitcoin reaching 8k USD by next week. The possibility is clear haha.
And right you were. Bitcoin is now over 9k today. Amazing how much it is increasing this year and even just in the recent months!
We should consider bitcoin as the mother of all coins. Many coins are dependent of bitcoin by some reasons. I could say that it is really too big to fail. Many people was fooled by the bch pump earlier this week but it was just temporary. People are now going back to bitcoin and I can see bitcoin reaching 8k USD by next week. The possibility is clear haha.
And right you were. Bitcoin is now over 9k today. Amazing how much it is increasing this year and even just in the recent months!
There is no such thing as too big to fail.
That's what I tend to think personally. Banks still have the power to buy back the full capitalization of the bitcoin, but they probably would have done so if it were in their best interest I really think that today, nothing can stop the bitcoin anymore... All we have to do is wait for the fork to find out more about its future! Yes it might be too big to fail overall but competitive forces should still be considered such as ETH. Unless all miners and investors just suddenly gave up which won't really happen, then Bitcoin should keep growing. No doubt that many are buying and selling Bitcoin that keeps the economy alive because there is a cycle for the money.
Yes definitely it would be hard to gave up bitcoin. Bitcoin is the symbol of digital currencies. All the price of emerging and existing digital currencies are based on bitcoin price. So I do not think that bitcoin will be disregarded and fail.
My opinion is that Bitcoin will not fail because it is based on blockchain technology, which is by far the most modern technology. So the more the blockchain system develops, the more Bitcoin space will grow, at least for now. I think so
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