Topic: Will Bitcoin be too big to fail? - page 14. (Read 5491 times)
Bitcoin is not like these too big to fail banks. It is in fact the opposite. These centralized banks you speak of have FIAT money to use in their system. Bitcoin uses the blockchain and decentralized $. This system is much more attractive to anyone, especially the younger generation which are the ones who will be adopting this new technology in future generations anyways.
Nah man, "too big to fail" means a central agency is willing to bail out a failing entity. No such central agency exists for Bitcoin. It's the free market at its finest!
We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
Bitcoin is something that we cannot predict on will happen next. We cannot assure if Bitcoin will lasts. But as far as we can see the price is getting higher and higher. The demands is still raising since early thus year and expecting be get more increase until end of this year. So do not be afraid to invest. Bitcoin is too big to fail.
Once institutional money starts flowing in, I don't think it will fail. I guess it depends on one's definition of failure.
After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
The banks and the "too big to fail" is part of the reason bitcoin exists. Bitcoin is the opposite of the "too big to fail" way of thinking - it's to protect the people from the big bank philosophy.
Nah man, "too big to fail" means a central agency is willing to bail out a failing entity. No such central agency exists for Bitcoin. It's the free market at its finest!
We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
Bitcoin is something that we cannot predict on will happen next. We cannot assure if Bitcoin will lasts. But as far as we can see the price is getting higher and higher. The demands is still raising since early thus year and expecting be get more increase until end of this year. So do not be afraid to invest. Bitcoin is too big to fail.
I think this position has already been achieved by bitcoin.There are many proofs such as bitcoin community,its stability in market and the biggest thing right now is cryptocurrencies is been known by bitcoin only by the new people.
After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
The only thing too big to fail is the tower of Babel. Poorly made, no supports, and everyone around the tower were too dumb to realize it was too big and would collapse on its own. But I don't see the same case for bitcoins. Bitcoins are supported by everyone and its blockchain is big enough to secure its future for good. As long as we keep circulating bitcoins, it won't fail.
I certainly like your metaphor. But isn't Bitcoin right now is the tower of Babel in the cryptocurrency world? The tower of Babel crashed on its own, but could it not be the case with Bitcoin now? Hasn't it become too big to carry its own weight? Now we see Bitcoin Cash rising with the obvious and almost openly declared aim of substituting the original Bitcoin. Aren't we on the verge of collapsing, the Babel style?
I think the basic idea behind Bitcoin is "too big to fail". A peer to peer transfer of cash without a financial institution involved. Decentrilization is the important part of Bitcoin an it has already succeeded.
After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Well I'd say , Hope for the best and prepare for the worst .
Bitcoin is doomed , one day when all the supplies will collapse bitcoin's life will only depend on circulation . At that time another crypto currency could lead by generating its coins . The limit of bitcoin generation indicates that bitcoin could fall and fail someday . Other coin can manipulate the market when bitcoin starts to lose its support.
Nothing is too big to fail, if it's time to fail then all will fail. Nothing lasts, including success. Success and failure are unexpected. When the peak of glory, there could be things that can make you fall at once. That's life, like a spinning wheel, there are times when you're up, there's a time you're under.
The good news for all of us is that bitcoin is in fact very solid it does not look like it has any weakness that may harm it, this could change of course as governments of the world are not going to allow a project like bitcoin to keep growing without any kind of supervision.I don't see any reason why bitcoin would fail, it is already a successful coin here in the cryptocurrency world, maybe the Government is not yet accepting bitcoin but I know that someday, in the near future, the Government will realize that bitcoin does have the potential to help them to change the world and end up this poverty that is happening all around the globe.
After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
The only thing too big to fail is the tower of Babel. Poorly made, no supports, and everyone around the tower were too dumb to realize it was too big and would collapse on its own. But I don't see the same case for bitcoins. Bitcoins are supported by everyone and its blockchain is big enough to secure its future for good. As long as we keep circulating bitcoins, it won't fail.
I really, really don't think so. It needs to get much more integrated into the banking system for that to be a thing. Currently it is not.
Bitcoin will not fail because it has enough demand to support its foundations and i think that bitcoin will just continue to grow until the next few years. Bitcoin may be too big for a currency but it will not fail and it will go up and become bigger and stronger than ever instead. Bitcoin is unstoppable and it showed a lot of proof already from the past few months.
not really even big company fails even known bank fail ..yes its digital yes its from internet and yes theres always a way to fix it right away not now but we all don't know what the future will bring us.. I am not bringing negativity here let just say this fact that there is only one permanent in this world which is CHANGE.. .I am not saying that its gonna fail now there is always a chance this happen.
..but ofcourse whats good in failures is we always learn from it. .we don't need to be afraid if bitcoin will fail atleast we all know how bitcoin helps as through things that we think we can not.
I really hope that bitcoin will never fail. Because then i could keep making money without working hard. And i think that it is possible for bitcoin to stay around for a long time because bitcoin recently started growing really fast and now a lot more people joined. ..but ofcourse whats good in failures is we always learn from it. .we don't need to be afraid if bitcoin will fail atleast we all know how bitcoin helps as through things that we think we can not.
It think bitcoin is now really too big to fall.
The amount of trust it has gained trough the years has made it really far above the rest.
I beleive that investors and users alike will not just simply let any altcoin to soar above it.
The amount of trust it has gained trough the years has made it really far above the rest.
I beleive that investors and users alike will not just simply let any altcoin to soar above it.
Over the last 4 years of Bitcoin we have seen investments in the currency come from all over, from large multinationals to tech start ups giving coin offerings on multiple ICO's. With this great investment within the crypto market I think the technology and interest supplied into Bitcoin and other currencies such as ETH will inevitably save BTC.
After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
Failures comes to everyone or everything we don't denied that the failure is part of the life. There's nothing in the world that too big, all must fall even the best fall down sometimes. Its just normal to fall. But if you mean the fall is to destroy or dis appear i thimlnk its just too eaely that bitcoin will dis appear brcause you know the bitcoin is the number one biggest or highest value among the other cryptocurrency im sure that it will happen they out their secret weapon Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
It may be too big to fail for those who don't invest on it the moment its market value went down, IMO. Bitcoin never fails or never too big to fail since it is already tested through times against ups and downs and hard forks.
Nothing in this world is too big to fail. We have dozens of real life examples. I will give you the example of Yahoo Corp. In the late 1990s, no one thought that it will become nearly worthless after a decade. But the Yahoo guys got too arrogant and they ignored competition from Google. The same happened with Xerox Corp. as well. The behavior of the Bitcoin Core developers remind me of the behavior shown by the Yahoo guys during the late 90s.
In my opinion the failure it will surely come on everyone, if we want to go forward then we will also feel a failure. Failure is the highest risk of someone who wants to be successful. Bitcoin is a great tool for investing, it is likely that could raise a bitcoin fails if there is no internet again. Unlike the internet already in ravaged from the world. For the moment I still haven't been able to think of a reason to make it fail. I hope in future it could be accepted in the Bitcoin country a country that is still pro cons with bitcoin so bitcoin will more growing going forward.
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