Will Bitcoin be too big to fail? - page 6.

luigidosado

full member

Activity: 196

Merit: 100

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!

Theoretically speaking, bitcoin could still possibly fail in the future. But no one actually knows what lies in the future of bitcoin and the things that will happen in the market. The only possible reason that bitcoin will fail is when the market no longer runs and people started withdrawing all their investments from it. But since the infrastructures around bitcoins market is starting to grow, I think for now, we can say that bitcoin is just too much for it to fail.

syaripudin

sr. member

Activity: 672

Merit: 253

CryptoTalk.Org - Get Paid for every Post!

you try to explain what you mean is the failure in what way. so if measured by the success of bitcoin users I do not assume that the bitcoin has failed because let's look at a positive thing that a person who has already saved bitcoin assets long before his or her family is present will surely assume that the bitcoin never fails . so what I mean is that we can all try to look back long before bitcoin prices become like this of course we certainly would think that bitcoin never fails.

awawo

member

Activity: 406

Merit: 13

Nothing in this world is too big to fail, even with a bail wall any financial entity can still fail because bitcoin is just a free flow of interest of a group of people which is the community believing in it that it have value and that is what is sustaining bitcoin no agency to give it a bail wall so when the interest of the people which is the community is dead then that will be the end of bitcoin. So if you ask me I will say bitcoin can fail just like every other thing.

Yoshinoya

full member

Activity: 335

Merit: 101

Bitcoin is very hig and even though it encounters a lot of problems we can still see that it has a progresss that the price is still keep moving up.
and i dont think bitcoin will fail, but bitcoin is very sensitive to the news and the price can go down and up quickly.

jencraft

newbie

Activity: 3

Merit: 0

Hmmm. I don't think bitcoin is still correlated to financial services?

senin

full member

Activity: 938

Merit: 137

If bitcoin does not eliminate its shortcomings in the near future due to the scalability and suspending of transactions, as well as the high cost of its fees for transactions, it will not be able to die from blowing its financial bubble after reaching its top price point. He will die much sooner from the loss of his popularity and demand for him, which will lead to his depreciation. Already, bitcoin has descended to 11,000 dollars and has long stood at this place. It has become non-functional, practically does not fulfill its basic function of a means of payment. However, not everything is lost. In the near future we will see what future awaits him.

hh4mmm

member

Activity: 378

Merit: 13

either big or small... wen it wants to fail it will surely fall now this depends on the legacy and what you are octh too.

JoshuaBoyd954

newbie

Activity: 60

Merit: 0

Quote from: russella31 on January 14, 2018, 12:29:21 AM

Nothing is too big too fail. If bitcoin can't satisy the needs of their customers then it would fail eventually. Right now, bitcoin is doing good. I hope it maintains its good standing in the market. I'm still new in bitcoin but i am optimistic about it.

Your speech is really inspireable, As Bitcoin is doing very well and returnable site for investors so people are sometime worried about its future. Everything is possible but in a common sense Bitcoin is unbeatable.

jekzy

newbie

Activity: 84

Merit: 0

Maybe?but deeponion will be the top 1 in crypto Wink

nemesis_

member

Activity: 182

Merit: 10

Everything fails. Even how small or big it is in the industry, at some point it will struggle and will fail. Bitcoin is very unpredictable. No one is sure of what will happen to it in a few years time. It have big potential so it may continuously grow. But still, it have the probability to fail. 1% or less is still a chance that it will fail. Some factors may arise that may contribute to its failing. So I guess, like everything else, it may fail too. Some may stop supporting it. The number of countries that ban it may increase. Many factors may affect it. But I know that if users like us will continue to support and do not abuse it, it will continue to develop.

CryptoChanel

member

Activity: 102

Merit: 12

I'm afraid you are a bit too optimistic. Governments would like to see Bitcoin fail, so for sure they would never bail it out - on the contrary!

lance04

full member

Activity: 462

Merit: 112

The Bitcoin's price may decrease, but it will never fail due to a lot of bitcoin enthusiasts willing to support bitcoin all the way up. So, it would never fail. It would jus improve from time to time.

dhrazzen

member

Activity: 266

Merit: 10

In my own insight, I think No! because lots of people trust bitcoin. There are times it will dump its value in the market but it will also pump up sooner or later. Bitcoin will not fail because of the people around it, the investors, traders, miners, and us (bitcoiners) who thinks that bitcoin will always be on top.

RakknRoll

member

Activity: 336

Merit: 10

many said that bitcoin will fail that there has a big possibilities that the bitcoin may fail, but always remember no matter what happens you are taking a risk, even if it's fail or not because you only need to do is to trust bitcoin.

Genosx

full member

Activity: 434

Merit: 100

they are many people saying that bitcoin has a big big chance to fail because sometimes it value get low like note the value of bitcoin is so low, but they do not thinking that bitcoin may increase faster than get low and they didn't know that bitcoin has many user and it will continue to run.

jason.romano

newbie

Activity: 70

Merit: 0

BTC is a medium of exchange,and just like monetary value,it fluctuates.Nothing is too big to fail,today or tomorrow it might lose it’s value or it’s value might increase in an unreal kind of percentage.So,we should always be prepared for failure.

mabell943

sr. member

Activity: 590

Merit: 258

In my own perspective there is no any circumstances that the company of bitcoin will ecome obsolete and bankrupt.
Since the company and management of bitcoins is a big company and operate in the whole world more than five years, I think it is hard that they can be defeated by other alternative coins or ICO.
The company will not fail since the provide a excellent service and they have loads of supports in their communities.

zZHEROZz

newbie

Activity: 49

Merit: 0

Everyone should be prepared for the devaluation of the bitcoin. we were investe and we aren't afraid of risk

dongosquad

full member

Activity: 588

Merit: 101

Quote from: Lintel on January 14, 2018, 06:57:35 AM

Quote from: Enzo05 on October 24, 2017, 03:19:15 AM

Any amount is possible to hit by bitcoin cause we dont know how far btc goes up same as going down . Roll Eyes

We exactly don't know what will gonna happen. And it is true that anytime bitcoin can rise or fall but I don't think it will really on the bottom. We should enjoy our bitcoin life. Hold when it is low and its up to you to sell if it is high or will have a long term investment.

So, as long as the cryptocurrency market is still very profitable like this, we should use it well. And the most important thing is to secure your assets, do not put all your eggs in one basket. Spit it out.

Take advantage of every opportunity. If the price is low, then it's an opportunity to buy and hold it, then sell when the price is high.

SummonKing2

full member

Activity: 210

Merit: 128

Even if the bitcoin is big enough it never fails because cryptocurrency is getting bigger as people invest their hard-earned money, seeing this as a money-making opportunity. Let's begin with taking a quick look at the terms Cryptocurrency, and Bitcoin, which is one of the most widely-accepted cryptocurrencies.

Topic: Will Bitcoin be too big to fail? - page 6. (Read 5491 times)