bitcoin What if Bitcoin fails?

[joemcgwa 3227]

If the bitcoin price will be falling this is bad for the bitcoin holders but it is good for those who want to buy bitcoin at the law rate, but actually bitcoin cannot rise anymore without falling.

[zhoutong 2188]

Bitcoin has not failed yet and the network is always remarkably secure. To say it will fail would need to be backed by examples of what might happen as Bitcoin has proven to have strong community that won't just abandon it.

 

The one threat many see for the price of Bitcoin it is regulators and bans. If the US and more countries decide to ban Bitcoin it will be a big blow and many sent Bitcoin back many years in use, adoption and price levels.

 

I hope this won't happen as Bitcoin is not illegal and not a threat to any government. Although as we see it there are attempts to undermine the basics of Bitcoin and create terms to reduce decentralization by KYC regulations and mandatory declaration of posessions.

[Abdulrahman3 1252]

In the currency market there is no such thing as the death of the entire market, it is a race, when a currency goes down, a currency rises directly to its place, so if  bitcoin fall , this will be very good news for Ethereum, Litecoin and the rest of the currencies to compete for the first place, and the money that will come out of Bitcoin will be Put it in other currencies and thus the value of other currencies will increase.

[Oki 675]

I never thought Bitcoin would fail, if Bitcoin failed it must have been a long time ago, in fact Bitcoin continues to show its resistance and capitalization continues to increase. The popularity of Bitcoin continues to grow worldwide and this is good because it will grow other crypto markets.

[jackycrypto485 1055]

I think if Bitcoin fails, the entire cryptocurrency market will fail, because Bitcoin dominates about 70% of the cryptocurrency market, and the exit of Bitcoin from this market will inevitably mean the market collapses and there will be no future for cryptocurrencies.

[joemcgwa 3227]

16 hours ago, Carolena said:

Bitcoin cannot fail and disappear, there are many whales who own millions of bitcoins, and they have a great influence in the cryptocurrencies market, so they will not allow this currency to fall.

You are right bitcoin cannot be fail that easy because people has already invested on it, and those who support bitcoin to not be fail are the whales who has already invested millions of dollars on bitcoin, so that's they cannot let bitcoin to fail that way while they know if bitoin will fail they will bankrupt their economy.

[Hanbal 359]

Most cryptocurrency depends on the price of bitcoin the more the price of bitcoin rises the more other cryptocurrency rise as well but if for instance bitcoin fails i think other cryptocurrency whose blockchain depends on bitcoin will get affected also.

[teebasas 3018]

At this time, the failure of Bitcoin means the failure of all cryptocurrencies; however, other cryptocurrencies which emerge in the future that equal or surpass Bitcoin in market value, and the failure of Bitcoin will not result in the total collapse of all cryptocurrencies.

[Crypto Eng. 1142]

It is impossible for Bitcoin to fail, as it has gained this great popularity due to its successful project, and its high liquidity, and the world's rich and many companies such as Tesla have begun to invest in this currency, which is evidence of its success and the continued rise in its price.

[ammarkhkkh 753]

I do not expect Bitcoin to fail, Bitcoin continues to rise and other cryptocurrencies follow to rise, but if Bitcoin fails, I expect that the cryptocurrency market will collapse or rise in a new cryptocurrency and lead the cryptocurrency market instead of Bitcoin.

[Jenny Lavelle 526]

Don't be a pessimist with negative opinions
Think in a different way, how such decentralized currencies have failed, and they are now a huge information revolution, a winning bargain, and the currency of the century, and everyone is racing to win it, and we are the first of them to work here throughout the day in order to gain from its satuses
 Have a good day, my dear, be optimistic.

[selfmade 7]

When that happens almost all of the crypto world would collapse and it would take about 2 to 3 years to recover, but they would recover. The reason the whole market could collapse is the fact that bitcoin markets always move the other market.