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Bitcoin Death is approaching

  • Thread starter Thread starter cornerpath
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Blakejansen said:
Yes but how hard is it to transfer the bitcoin into USD in large amounts.
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Not difficult at all, if you're going to pay taxes on it and not using crypto to launder money, you say it like owning crypto is illegal

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linuxares said:
I don't think Bitcoin will die anytime soon. But I think the cryptomarker over all will slowdown. Where it isn't 300 different cryptos. Also it might come laws against them eventually since their environmental impact is massive.
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Hi I'm walter peck from the environmental protection agency
 
Last edited by Deleted member 668561,
Maybe Bitcoin will die when Blockchain finally gets hacked? Sometimes in the future with quantum computers?
 
AmeliaBailey said:
It is obvious that when a coin reaches its highest point, then it will drop. We had a lot of examples, and only people that know nothing about trading will be saying that the coin is dead. Bitcoin will reach its new maximum in winter, and all the altcoins will rise in price too. I’ve been a bitcoin holder for over four years now, and it was really unstable. I really wanted to find the perfect strategy that might boost my income and change the whole picture. I went on the internet, and I was able to find bitscalp.io .It is a bitcoin scalping terminal that had one of the best strategies that helped me increase my income.
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There is also an app called Bitcoincrazyness that sends you notifications when it's time to buy/sell (based on technical indicators like RSI).

It's never 100% reliable as crypto market always finds tricks to make you lose money (suddenly dropping price and big sell-off at night, faking a trend to make everyone buy/sell, then immediately going the opposite direction,...).

If you're just HODLing it's easy, if you plan to trade and/or use leverage it's much more dangerous.
 
Last edited by depaul,
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aadz93 said:
quantum cryptocurrency
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depaul said:
Maybe Bitcoin will die when Blockchain finally gets hacked? Sometimes in the future with quantum computers?
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meh if btc get hacked by quantum, the first hit is banking system, btc is the hardest
if btc get hacked by quantum, then you should be poor over night because the chaos happen stock market, bank, and other asset, everyting digital information will destroy and the end of the world, btc is the last target after economy system destroy
 
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nothing can stop cryptocurreny neither will die, if you know nothing better be gamer and stop posting about crypto tech
 
ucupetuks said:
meh if btc get hacked by quantum, the first hit is banking system, btc is the hardest
if btc get hacked by quantum, then you should be poor over night because the chaos happen stock market, bank, and other asset, everyting digital information will destroy and the end of the world, btc is the last target after economy system destroy
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Think about the world governments and their secrets? Generally they host them online. Maybe we are already there? Who knows.

But yeah... I bet on bitcoin because I bet on the chaos you describe being the thing that "undoes" it. At that point, nothing mattered.
 
@ucupetuks
I am neither a hater nor a lover of BTC. That thing is so fragile that it gets rekt by 50% just from some tweet or some rumor.

Indeed people including some friends of mine made millions from BTC. But that's the case of early buyers when BTC was easily jumping X10 a year. Let's be realistic now with a marketcap of $1T do you think it's easy to make profit like in the past? A rough estimate for the price to go from 50k to 500k means the market cap should reach $10T. Do you think all the crazy wealthy people in the world can put $10T into BTC?

Believe what you want but personally I see BTC market overly saturated already. It may rise further but absolutely not X10/100.... Maybe it will struggle to reach $100k.
 
depaul said:
@ucupetuks
I am neither a hater nor a lover of BTC. That thing is so fragile that it gets rekt by 50% just from some tweet or some rumor.

Indeed people including some friends of mine made millions from BTC. But that's the case of early buyers when BTC was easily jumping X10 a year. Let's be realistic now with a marketcap of $1T do you think it's easy to make profit like in the past? A rough estimate for the price to go from 50k to 500k means the market cap should reach $10T. Do you think all the crazy wealthy people in the world can put $10T into BTC?

Believe what you want but personally I see BTC market overly saturated already. It may rise further but absolutely not X10/100.... Maybe it will struggle to reach $100k.
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most of people in crypto space not profiting by btc my dear, alt is for gaining profit, btc is just liquidation after we gaining profit on altcoin, only few people who trade only btc/fiat pair, because to long for profit, except they want risk using margin/future with x100 scale
btc need to pump for gaining mainstream atention and after that, altcoin make most profit along the traders
 
Last edited by ucupetuks,
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Costello said:
soooo are we still dying ? or what

@cornerpath what's the latest crazy theory
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Bitcoin has been hitting the 50k USD ceiling over and over again. It makes me nervous. Could go either way but I have a feeling it will go down 10% or more very soon. Lots of buyers were getting into it at or near the last peak.
 

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