bitcoin What if Bitcoin fails?

[Saboor 511]

6 hours ago, Saiful890 said:

If this is the case then a lot of people in the world will lose a lot of money and I think if the huge amount of money it sinks in, everyone will be drowning with it, but you and everyone will lose a lot of money

Not alot of people, but even the cryptocurrency will seize to be existing because all investors will think that they are all the same and they won't waste their capital in other coins

[Saboor 511]

On 3/30/2020 at 8:16 AM, Jamesnachoog said:

You can say that again, I want to let some people understand that bitcoin is popular in the Cryptocurrency world now and there is no way it can fail since it is the most expensive Cryptocurrency

Bitcoin can dropped in price but can't become failure like other projects, bitcoin will have a good progress as the cryptocurrency is advancing

[Upright 2688]

The rise and fall of bitcoins will always have a of a kind potentially on a topic of arguments as they might be of debate of how the bitcoin can fall and how it can further rise on its worth

[pablomarwan 3082]

This is a highly unlikely possibility, because if you reduce the disappearance or collapse of the Bitcoin, this means a group of companies, and since marketing and real estate companies are involved, any field that depends on Bitcoin, this alone guarantees the intent of its collapse, so this idea is not guaranteed that it will collapse.

[Ayush Singh 1175]

That's very important question for every bitcoin traders and investors and its true that 70% of the crypto market is dependable with bitcoin and in such cases if bitcoin fails then there will be a huge loss for the Cryptocurrency and eventually will effect its users badly.

[Saboor 511]

6 hours ago, MeiLynh said:

they will not decrease because they are technically linked to Bitcoin, it will decrease because Bitcoin is considered the standard in the cryptocurrency market and then distrust will be generalized. A lot of people in the world will lose a lot of money. Another cryptocurrency should replace bitcoin to do bitcoin work.

Bitcoin won't face that problem of not been value in this world, there will be acceptance of bitcoin and this will bring more benefits from it and it will be a source of progress to cryptocurrency

[Nezar 7169]

It is impossible and very difficult for the Bitcoin coin to fail, on the contrary, it is witnessing progress and development every day and new currencies are offered daily and its price is dependent on the Bitcoin currency.

[bentayebsalah 2280]

But what is the reason that you think Bitcoin will fail even though it is increasing and developing significantly over time? I don’t think it will fail

[Thekingcallme 1975]

This is impossible to happen, but supposing Bitcoin suddenly fails, this will cause all cryptocurrencies to be destroyed and rendered worthless

[George10 9932]

On 10/14/2019 at 2:09 PM, joendegz said:

I have always asked myself this question, what if BTC fails ? its the largest Crypto by market capitalization about 67% of the entire coin market, whenever it goes up all the other coins follow and if it goes down all the coins follow. The entire market depends on it... so i would to ask the question what happens if it fails.

If bitcoins fail then that means the end of the crypto market and no one is wishing for that and that's the reason we are hoping for bitcoin price to keep improving or going high so that it secures the crypto market from failing.

[CryptoMaxim 3829]

On 23.03.2020 at 08:13, Saboor said:

Bitcoin won't fail like that, if there is sudden fail of bitcoin, even the cryptocurrency market will collapse and this will cause a problem to the development of cryptocurrency

That's right. Probably with a strong fall in the price of bitcoin, 90% of all cryptocurrencies will fall. But still there are some coins that do not depend on bitcoin and there are not many of them.

[Moaz 7239]

If Bitcoin fails, all cryptocurrencies will fail, and the crypto market will collapse because Bitcoin is the most important among these currencies and all are affected by what happens to Bitcoin, but in my opinion, Bitcoin cannot fail because it has achieved many successes and surpassed many problems and gained the confidence of investors as the best Cryptocurrency

[hatem70 20]

How does Bitcoin fail after more than 10 years of resilience
Failure for currencies is in the beginnings
You are talking about the first currency that appeared in the world of cryptocurrencies, a currency that gradually grew from 0.0001 until it reached nearly 20,000 dollars
How to fail while it is safe and popular all over the world
I expect it to continue for the next 30 to 50 years

[adidas21rus 37]

As with any new technology, there are many challenges in the early stages of development and decision-making. The fact that bitcoin challenges and breaks the system of financial intermediaries makes it clear that these attacks will continue again, and the methods will not cease to surprise.

Can bitcoin fail? Yes, nothing is impossible. But today,the chances are negligible. The fact is that bitcoin may fail in its current form, but the technology is flexible and the software is adaptable. bitcoin, even if not in its current role, cannot fail. He's here to stay!

"#Bitcoin will go through hick-ups. It may fail; but then it will be easily reinvented as we now know how it works"- Nassim Nicholas Taleb

[Jockera134 41]

Wow, it will be very terrible, because if btc fail - then all crypto market will have huge decreasing, because most of all crypto currencies depend from the btc, and it it will decrease - then will decrease all 

[ozgese 17]

I don't think that bitcoin will fail. It's already beyond that, and it proved itself. There can be only rise and falls which is so normal

[cheliksmarsa 68]

By the way, I expect that by the end of 2020 the price of bitcoin will be well 20 thousand dollars
I'm just glad that I sold my bitcoins earlier at a price close to 20 thousand

Edited October 9, 2020 by cheliksmarsa

[corrtutby 21]

That would not happen, because that will be the end of cryptocurrencies. Bitcoin is synonym for crypto in many cases. All can remember bitcoin when you are talking about crypto, but not everyone knows much about altcoins. 

[Gawo92 3]

bitcoin is not going to fail, it is the base crypto currency. It is the most important of all, the one with the most market cap and the one with the largest volume of capital to date. and I think it will continue to increase in value over time

[luthfi_2a 110]

Bitcoin won’t fail. If it does, the whole market will do (because it occupies a big proportion of the market and many altcoins are related to it). However, the blockchain technology (on which bitcoin and other cryptocurrencies are based) is backed by math algorithms, and math has never failed so far (and will not)

[lange_marck 40]

However, the blockchain technology (on which bitcoin and other cryptocurrencies are based) is backed by math algorithms, and math has never failed so far (and will not)  

[Adam adam 276]

I don't expect it will fail because the currency is established as a safe haven. And if it fails, you will not be the only one who lost his money, it will be a general loss for every trader, and this is a possibility that I completely exclude.

[ehnegociosonline 24]

Si pasara mucha gente en el mundo, de verdad caeríamos en bancarrota, pero viendo como van las cosas no creo que pase eso además ahora no es solo btc que desde que empezó era el rey absoluto ya hay muchos más cryptos para capitalizar.

[Joli72 18]

I seriously doubt that bitcoin can fail, it is a highly valued currency globally, but if it were to happen, many other cryptocurrencies would be affected.

[Dg1995 31]

a very big crisis would happen in all the users who work with bitcoin and it would be a shame all over the world and it would make all cryptos look bad