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Topic: Will Bitcoin be too big to fail? - page 16. (Read 5491 times)

member
Activity: 112
Merit: 10
November 05, 2017, 03:02:52 PM
It's difficult to say whether Bitcoin is going to fail someday and replaced by some other cryptocurrency. I think that Bitcoin became too "popular" to be replaced. Even if the governments start to introduce their own cryptocurrencies, Bitcoin will stay with us as a universal currency which could be accepted by every merchant. That would be something interesting to see.
legendary
Activity: 3094
Merit: 1127
November 05, 2017, 01:48:08 PM
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!
Anything could fail even that wall street but wont really be an easy thing to happen but on bitcoin it is possible but yet would depend if people would decide to dump all of their bitcoins and do look on other things which would people see that they can make money and more useful than on bitcoin but seeing on its current state its hard to believe that it would fall since it do have strong support from the community.
soy
legendary
Activity: 1428
Merit: 1013
November 05, 2017, 01:36:28 PM
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!
hero member
Activity: 574
Merit: 503
November 05, 2017, 01:33:42 PM
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.
sr. member
Activity: 462
Merit: 515
November 05, 2017, 01:09:08 PM
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!
We're deep into this thread so this comment won't really matter in the grand scheme of it all, but there is never, ever something that is too big to fail. The Roman Empire, the pinnacle of the time period, a picturesque nation full of technology, society and art, collapses due to some german tribes. The Soviet Union, the greatest contestant to the global order of powers, a seemingly unstoppable, uncaring beast and machine of a country, dissolves in a day because some people decided they had enough.

There is always something that can topple giants. Bitcoin just hasn't met it's kryptonite yet.

You took the Roman Empire and the Soviet Union, but these two collapsed due to internal causes. The Romans had been the dominating power in the world for many centuries, so it is not about some backward German tribes destroying it. Rome had got rotten from inside, just like the Soviets. So if your examples are to tell and teach us anything, it is more about some inner issues which can't be effectively resolved from inside. Or do you really think Rome couldn't extinguish these tribes when it had been at its peak?
sr. member
Activity: 672
Merit: 271
November 05, 2017, 01:35:27 AM
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!
Yes as an asset it can surely make it to wall street and hit the charts of market capitalization. But main problem is that it was not meant to be an asset which one could hold for great returns. Its actual aim is to be a currency which it is actually not becoming. People take bitcoin more of an investment than a currency.
full member
Activity: 560
Merit: 102
November 05, 2017, 01:19:32 AM
Don't get too confident about bitcoin there's alot of possibilities that could happen we know that bitcoin is rapidly increasing making it a big player into the game but even big players stumble so just always be prepared for the worst.

yes, usually after the price rises then there will be a decline. then be careful, do not easily tempted so that the market trapped when the price back down.
legendary
Activity: 1218
Merit: 1007
November 05, 2017, 01:00:46 AM
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!
We're deep into this thread so this comment won't really matter in the grand scheme of it all, but there is never, ever something that is too big to fail. The Roman Empire, the pinnacle of the time period, a picturesque nation full of technology, society and art, collapses due to some german tribes. The Soviet Union, the greatest contestant to the global order of powers, a seemingly unstoppable, uncaring beast and machine of a country, dissolves in a day because some people decided they had enough.

There is always something that can topple giants. Bitcoin just hasn't met it's kryptonite yet.
hero member
Activity: 1078
Merit: 501
November 05, 2017, 12:54:56 AM
woah woah! Bitcoin be too big to fail why for me it is not fail for me and it is very helpful for me my friend and here in my country there are many users now. such as no work or unemployed . its not a big fail for creating it because many country can help of this forum .and i'm heading to my future to my better life that I want for my parents.
You have a good dream for your future, but of course it is better to have some other source of income not just only to make bitcoin so that if the time comes bitcoin will be too big to fail as like what title say. You will have another option for you to have another income.

But ofcourse bitcoin has already a good amount right now so maybe bitcoin will last long.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
November 05, 2017, 12:47:54 AM
bitcoin has long been growing and no need to doubt will fail, we see now the price is increasing, it's proof that more and more are investing in bitcoin, entrepreneurs must have thought of what the good bitcoin does not, so do not be afraid of the amount of bitcoin.

Right. The more it rises, the bigger the chance that it will be noticed by bigtime investors, therefore the bullish run. People are saying its a bubble and is nearing its popping point but with this many people jumping in, i don't see that coming any time soon
full member
Activity: 154
Merit: 100
November 04, 2017, 06:16:38 PM
I think that bitcoin can be something like the wall street, but it is too early to tell. No one is certain of the future but if you give bitcoin a chance to grow as to what is happening now, then we will be seeing it as something like the wallstreet but somehow different as wallstreet tend to be more of centralized which is the opposite of bitcoin. As long as we get continued support from the community then bitcoin will still be on a rise.
sr. member
Activity: 364
Merit: 250
November 04, 2017, 05:47:48 PM
bitcoin has long been growing and no need to doubt will fail, we see now the price is increasing, it's proof that more and more are investing in bitcoin, entrepreneurs must have thought of what the good bitcoin does not, so do not be afraid of the amount of bitcoin.
newbie
Activity: 48
Merit: 0
November 04, 2017, 04:52:39 PM
Yes, the probability of failing with bitcoin is, but it is negligible. Bitcoin is becoming more stable, he has taken reliable roots in the economy, and he can not so easily take and disappear. And the growth of its price provides an excellent opportunity to earn.
newbie
Activity: 42
Merit: 0
November 04, 2017, 02:44:34 PM
bitcoin is very sensitive in terms of all currencies and the thing of how we value it and we should all be prepared of failure but there are reasons that we have to be careful of what we do right now.Bitcoin started to become indemand in this upcoming years and also cyptocurrency or digital currency is starting to have a good reputation in investment in the country.
It's not a possible. Because all altcoin directly or indirectly depend on bitcoin.
member
Activity: 81
Merit: 10
November 04, 2017, 02:04:30 PM
Now his value is big but he raise constantly without any big fall until now,i don't see reason for his fall if his values some day be 50 to 100k.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 04, 2017, 01:53:09 PM
That's what I'm worried about while Bitcoin's prices are not stopping.
  Will it touch the mark and it will burst like a bubble? I'm afraid this happens because I've seen some altcoin suffer. Do you have any way to make it more stable now or any intervention from the government or the bank?

Bitcoin price is at an all time high. Im not sure government intervention would make it more stable? It might just make it more mainstream to the general public. It also would kind of ruin the appeal of being decentralized.
I do not know why people keep asking for government intervention, bitcoin was created to avoid government intervention in the first place, any government intervention is unwelcome and it is going to be ineffective and it has the risk that it produces the opposite effect in the community.
member
Activity: 308
Merit: 10
November 03, 2017, 10:16:10 PM
bitcoin is very sensitive in terms of all currencies and the thing of how we value it and we should all be prepared of failure but there are reasons that we have to be careful of what we do right now.Bitcoin started to become indemand in this upcoming years and also cyptocurrency or digital currency is starting to have a good reputation in investment in the country.
full member
Activity: 294
Merit: 102
November 03, 2017, 09:55:19 PM
Don't get too confident about bitcoin there's alot of possibilities that could happen we know that bitcoin is rapidly increasing making it a big player into the game but even big players stumble so just always be prepared for the worst.
legendary
Activity: 1526
Merit: 1001
November 03, 2017, 09:51:41 PM
some expect a bitcoin price reduction. well, they might expect the altcoin price to go up high. maybe some people who are here, withstand altcoin with a very large number. but, as the bitcoin price continues to rise, it keeps the altcoin price up. well, maybe the bitcoin price will go down.
All possibilities are possible in the world of digital currency. For most people indeed the bitcoin price increase will be able to bring them a profit. But for some people again the rise in bitcoin prices have an impact on the decline in altcoin prices. For me personally the bitcoin price increase is a positive thing because it is now increasingly known that more and more people are trusting bitcoin. There will be another rise and bitcoin prices will continue to increase following the high growth of bitcoin users in the world.
newbie
Activity: 14
Merit: 0
November 03, 2017, 09:46:23 PM
That's what I'm worried about while Bitcoin's prices are not stopping.
  Will it touch the mark and it will burst like a bubble? I'm afraid this happens because I've seen some altcoin suffer. Do you have any way to make it more stable now or any intervention from the government or the bank?

Bitcoin price is at an all time high. Im not sure government intervention would make it more stable? It might just make it more mainstream to the general public. It also would kind of ruin the appeal of being decentralized.

It will never be stable or controlled by the government, don't worry.  Roll Eyes
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