Topic: Will Bitcoin Fall in the next couple of years? (Read 457 times)
well, bitcoin is still the king of crypto. theres a reason why he called that way. i think its gonna stand still until a decade
Bitcoin being replaced as the King Of Crypto is not going to happen anytime soon. The crypto currency's trademark is Bitcoin and it is the pioneer amongst other coins. It is also the entry point into cryptoverse for some countries that only accepts BTC because it is the most popular one. I may be wrong about what I said, but I believe we are still in the early stages of development of the whole digital currency craze to determine if BTC can be replaced.
I'm curious, I have seen lots of people arguing over whether bitcoin will Rise to 50k maybe even 100k and then there are the others who argue it will fall.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
EDIT: The question is not whether bitcoin drop in terms of current value-The price will remain the same or rise because the whole market will. The question is Will bitcoin fall from the top spot as the most popular currency given that newer faster forms are being developed and if not what do you think will happen?
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
EDIT: The question is not whether bitcoin drop in terms of current value-The price will remain the same or rise because the whole market will. The question is Will bitcoin fall from the top spot as the most popular currency given that newer faster forms are being developed and if not what do you think will happen?
I fully understand the logic that you wanted to emphasize to the community, being said that, yes its true that there are lots of issues coming up recently about cryptocurrency, which is the bitcoin has the most affected ones, maybe that is why a fork has been created in order to answer all those issues. Nobody can predict maybe if it fall or rise, but we all wanted it to rise, because we been invested a lot of money, time and effort here.
Have a great day.
I'm curious, I have seen lots of people arguing over whether bitcoin will Rise to 50k maybe even 100k and then there are the others who argue it will fall.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
I do not think those problems are difficult to solve, since many practical solutions have already been proposed to them and to many other concerns that have arisen in the community regarding the viability of bitcoin in the long term. And in fact many other threats will arise that even now we can not imagine, such as the development of quantum computing that could make our current cryptological protocols a children's game. But there is nothing left to rely on the ability and talent of the entire team of developers behind bitcoin, which has proven again and again their aptitude and experience.
Will bitcoin fall from the top spot as the most popular currency given that newer faster forms are being developed and if not what do you think will happen?[/b]
Very difficult to tell, but it is certainly possible.
It is likely that other coins will have far more utility, not just the faster coins but also the platform coins. Smart contracts for example, so ETH. IoT as well. The coins that service these and numerous other markets will become increasingly important.
Bitcoin looks destined to be simply a store of value coin. Whether future developments (Lightning Network etc) will change this is hard to say.
If I had to guess, I would say ETH or XRP might take top spot in the medium term, and then possibly an IoT coin in the longer term.
everything is possible at bitcoin prices, bitcoin prices are very vulnerable to the growing issue, it is not a scary thing if bitcoin is predicted to fall in the middle of the year or later this year, if you act as a bounty hunter like me, but if you hold bitcoin for future investments and always expect bitcoin prices to go up, that's bad news for you
Trust me bitcoin facing a lot of challenge from the exchange sector, the SEC, the government and regulator doesn't mean bitcoin market will fall in the next couple of year. Remember, another bitcoin halving will occur in a couple years?
The move of crypto right now similar to 2014 movement and i think we will see bitcoin falling to $3000 and that is the dip not going down again after touching $3000 after halving which will be comes in 2020 bitcoin will goes up again and make new all time high. Probably will touch $100k - $200k each coin. And at that time new people will comes again to this beautifull crypto world.
Fall out of the top point this year will not be exactly, but if it continues to break down and lower demand, then it will definitely fall out. Notice how much it is already on the market and how much it has undergone changes, and this is from its imperfection. And it shows that he should come to the fact that it is simply eclipsed by others.
I don't think that can go below this actual price unless US government starts a war against cryptocurrencies
I think bitcoin will go down in the next few days, because the market situation is not good at the moment, meaning the price will go down even if not significant.
So many investors are worried about this situation. But do not worry about this. According to altcoin and channel observers who discuss altcoin, in the next few months, bitcoin will rise again.
So just bear your altcoin, for long term investment. thank you
So many investors are worried about this situation. But do not worry about this. According to altcoin and channel observers who discuss altcoin, in the next few months, bitcoin will rise again.
So just bear your altcoin, for long term investment. thank you
Well its just too sad to see the market rises slowly and go down in a day... thought the market would get better after CNY in March but apparently the hack news just pull it down within a day
I think bitcoin will go down in the next few days, because the market situation is not good at the moment, meaning the price will go down even if not significant.
So many investors are worried about this situation. But do not worry about this. According to altcoin and channel observers who discuss altcoin, in the next few months, bitcoin will rise again.
So just bear your altcoin, for long term investment. thank you
So many investors are worried about this situation. But do not worry about this. According to altcoin and channel observers who discuss altcoin, in the next few months, bitcoin will rise again.
So just bear your altcoin, for long term investment. thank you
I think bitcoin will be falling and going up untill it will start to be treated like a normal currency in most of the countries cause then it will be stabilized somehow.
Against the background of many other coins, bitcoin do not look so technically good. While BTC can keep its position as the most popular and the first. Cryptocurrency is a market of money and profits. What will bring profit, it will remain. It will not be soon.
No chance.Future is after crypto/non physical money.Just like in movies.Why not to have money currency where you can track every transaction,that you cant loose ,ot no one can robe you at the street.Thr more this stuff will be replacing the real cash,better security fr hacking and etc will be made.Id say next 10 years
I'm curious, I have seen lots of people arguing over whether bitcoin will Rise to 50k maybe even 100k and then there are the others who argue it will fall.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
I believe the main reason why Bitcoin is the No.1 in among the cryptos by market cap, is that it is the oldest.
You can trade everything into BTC, but I feel the reason behind that it was the all time standard that you compared everything to, the most popular coin. Anything could replace BTC in this matter I believe.
Bitcoin surely is unsustainable, and if they won't change something about it, it might be its downfall. Noone wants to have high fees. However I doubt that the 3rd of the world's energy usage would be used for crypto mining, I say this having 3+ years in energy engineering studies.
But I dont think bitcoin will fall because of this, as bitcoin owners simply dont use their coins for transactions.
Number of ETH transactions as of February 17. 2018: 772079
Number of BTC transactions as of February 17. 2018: 173789
(sources: https://etherscan.io/chart/tx , https://blockchain.info/charts/n-transactions )
I think its clear, that majority of bitcoin owners use BTC as a form of digital gold to hold part of their investments in it, or using it for exchanges. So no, I dont think this would be its downfall, but it can play a role in it. The downfall of BTC would start if a coin would have bigger market cap in my opinion. It would result investments moving from BTC to that coin with the higher market cap. And lets be honest, almost any coin could be it from a technical perspective, as there are loads of coins which are superior to BTC in technical aspects.
I honestly dont like that the crypto market is being judged by bitcoin. I'd welcome another coin at the top, for total market cap. I believe it would change the viewpont of some big investors.
In the crypto market prices of altcoin are up and down is normal. I think the bitcoin will also vibrate up and down as before. Whether in the past or in the future, I think bitcoin prices are also rising and falling. No coin increases forever, and no coin ever decreases. so in this market let's calm hold will win.
What Bitcoin will fall the next couple of years? I dont think so because markets are always going up and down. We are just in a healthy correction after the big hype of 2017! So just hold and relax guys!
That would not definitely happens ,before bitcoin will fall it takes due long process.This is the strongest crypto and stable digital currency like now,bitcoin is known by everybody and it would not easily crash as long as many supporters and deal with it.
Falling, getting up, falling again, waking up again, That's the real market condition. The recent crash is the result of a big whale's unhealthy game on the market which is then highlighted by stupid media like Tether. However, I remain optimistic bitcoin will catch up even its value will surpass more than $ 20,000 for this year.
Maybe that will happen, but maybe not. Do you think people do not like Bitcoin ? I think everyone loves Bitcoin so the people around the world will provide and develop Bitcoin to make it better. Whether it is from the technology term, or other term. I think Bitcoin will survive with the help of people we know. But liking and hoping does not do anything if we talk about technology and we must take some actions to develop Bitcoin and not just talking like I do right now, hahaha. However, whatever happen I will keep my faith to Bitcoin to get profit as much as possible while I still can.There is no certain answer about bitcoin and other assets. They can fall or they can make incredible price booms. This is a random action depending on the market behaviour of the people.
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