Will Bitcoin be too big to fail? - page 18.

sangwookie

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Activity: 168

Merit: 10

Put it all on the line and go for broke

Quote from: raiblock on October 24, 2017, 02:28:41 AM

Bitcoin is very sensitive and volatile to news and the prices can go down rapidly when China (or Japan or whomever) makes a big announcement. But apart from FUD, bitcoin also needs to have a real usage, to be fast, secure and a better alternative to other monetary assets.

It can fail but I think the odds are higher that it can not fail, with each day that goes by and each new merchant that accepts it.

Yeah, but I think it is because people that don't know what bitcoin is, is getting into the game and they don't understand the technology. They are using it it to launder money.

mxyzptlkof6th

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Activity: 294

Merit: 26

No. Bitcoin's price is still unstable because it is decentralized, no one can control the pump and dump of its price and volume.

Hell-raiser

sr. member

Activity: 462

Merit: 515

Quote from: Ranly123 on November 03, 2017, 06:36:48 AM

Quote from: SupportBitcoin on October 23, 2017, 11:10:09 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!

What goes up must go down. When bitcoin is in rise expect this to fail someday, but as long as peole keep on investing in bitcoin we can never tell when it would fall. Knowing the risk when investing to bitcoin is a great challenge to all investors because bitcoin is something that gives hope to people who believe in it.

And I would add that the higher it will rise the stronger it might fall. People are expecting that there will be a sign before the fall, but which sign specifically could it be? If we are to expect a serious fall in prices, we should also expect that it should come about all of a sudden. Now people seem to cherish hopes that big fish are going to enter Bitcoin strong and bring with them their big guns. But how do we know for certain that they are really going long and not short with Bitcoin? Maybe, they are going to short it first to bring the prices down dramatically?

ankit05

full member

Activity: 392

Merit: 100

I think the price of bitcoin depends on marketing value that you invest bitcoin because it has become a part of your life since bitcoin, you have become dependent on it. Maybe you've invested and suddenly the bitcoin coins fall and you fail because bitcoin is not a fix value because bitcoin is a digital crypto
currency.

Fafabol

member

Activity: 267

Merit: 11

Yes there will still a chance that bitcoin can fail but with the current price now it's really far to happen and maybe that will happen if there will be no demand from the users.

But right now I think we should just enjoy tpand savour this moment of new ATH.

BossMacko

hero member

Activity: 1134

Merit: 502

I don't believe that Bitcoin will last for eternity so even if its in-demand right now, price keep going up and up we should be ready with the worst case scenario because we don't know when Bitcoin will fail. but for me as long as Bitcoin is alive and kickin everyday i will still keep on doing the same thing everyday and that is buy, hold and sell.

Hermes Mercury

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Activity: 318

Merit: 21

In my opinion, I do not have as much bitcoin time as many here, but what I see is a lot of attacks, opinions about bitcoin, I think bitcoin is impossible to fail because it has already opened a great way

zarados

full member

Activity: 364

Merit: 130

Quote from: HabBear on October 23, 2017, 11:26:23 PM

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!

I agree, we should always be prepared with the failure or fall of the bitcon. But I'm sure there will be a sign before it actually happens. Because there is nothing impossible in this technology. The same thing happen for big companies like yahoo and nokia. The company is practically a giant in its field, but what happens? They can't keep up with the rapid development of the times.

QuinnBTC

brand new

Activity: 0

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Where does BTC win? I think the BTC win in the consensus, that is to say, what is the nature of money? A general equivalent. We agree that it will have the value of.

cryptorony

newbie

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Merit: 0

Quote from: SupportBitcoin on October 23, 2017, 11:10:09 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!

I think the big players are still not in this game,they are stll observing but i am very sure once bitcoins price reach 10000usd or 20000usd they will be in this market and make this market more strong.
the base of my observation is bitcoins market cap is still 3.5x to ebays market cap.
That is so little ,and then there are more possibility for big investors for sure.

Ranly123

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Activity: 952

Merit: 104

★777Coin.com★ Fun BTC Casino!

Quote from: SupportBitcoin on October 23, 2017, 11:10:09 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!

What goes up must go down. When bitcoin is in rise expect this to fail someday, but as long as peole keep on investing in bitcoin we can never tell when it would fall. Knowing the risk when investing to bitcoin is a great challenge to all investors because bitcoin is something that gives hope to people who believe in it.

ennovy22

member

Activity: 112

Merit: 100

Even though Bitcoin is too big, we cannot say that it won't fail. Every business or something related to money will always take risks and will lead to failures. We are still growing to a low-level popularity; what if it become popular and every single person on this world has bitcoin account? The bitcoin markets will become the biggest blockchains than ever. But I think it won't be that popular because other people will still don't like this modern bitcoin gold/cash.

SirgulioB

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Activity: 477

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Radix-The Decentralized Finance Protocol

Quote from: HabBear on October 23, 2017, 11:26:23 PM

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!

I think bitcoin can make x down, but never fall to zero.

Asmonist

sr. member

Activity: 756

Merit: 251

Quote from: SupportBitcoin on October 23, 2017, 11:10:09 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!

I guess so. Its possible. Bitcoin is getting bigger now. It gradually influence everyone to use it. There are lot of income opportunities also that makes it more valuable. It has a lot of usage especially online transactions. It gives a lot of opportunities to gain and for personal transactions like bills payments and other online transactions. With these it will make bitcoin bigger as it was. Failing is a scary happening but for bitcoin I guess its so far possible. Not now and not in the early future.

darefreads

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Activity: 518

Merit: 100

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.

Laya Varghese

member

Activity: 84

Merit: 10

Not 'too big to fail'. Everything has risks rise and failures. But nothing is 'too big to fail' especially, I believe not in bitcoin.

doblok

full member

Activity: 285

Merit: 100

If talking fails to disbelieve it, given the bitcoin development so far there's no problem that can thwart its role and even many people start joining here, but I will never know if the failure will happen, but I will not believe it all.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

Bitcoin is still not big as it can be! It is too early to speak about too big to fail,
bitcoin is in the growing stage, and only fail now would be stopping of that grow.
Something new like bitcoin is, idea behinds all this can not fail. We are heading
to the future where technology and internet will have more influence of peoples
lives. As money of the internet bitcoin still did not reach to all the people in the
world. Bitcoin have potential to be used all over the world and when that happens
we can say that bitcoin reached its full potential.

Warkop

sr. member

Activity: 1302

Merit: 270

Everyone can not guess how Bitcoin in the future fails or continues, but I do not think Bitcoin will ever fail with this restriction, because someday the whole world will definitely use Bitcoin, if some countries will experience a financial crisis

eann014

hero member

Activity: 1078

Merit: 501

Quote from: SupportBitcoin on October 23, 2017, 11:10:09 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!

Nope, bitcoin will never be too big to fail. I think it will be impossible to happen, most investors now have their own bitcoins and they are continue buying that's why as you can see we already have all time highest amount of bitcoin price right now. And hoping that it will continue by the end of the year.

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