Post
Topic
Board Altcoin Discussion
Re: Bitcoin's collapse
by
A L I E N
on 06/12/2017, 19:23:11 UTC
if I would have a penny for everytime some said that Bitcoin will collapse or that Bitcoin is dead I'd be richer than satoshi right now. Everyone is making these claims from the average consumer to the biggest banker in the world and the most renowed financial institution, but they have all been proved wrong until now. When some days BTC is going down 30% people are like "see, I told you" only to wait until a couple of weeks pass and the price doubles again. It's been like that since the last nine years and I'm not sure why people believe it will change anytime soon. Bitcoin is obviously here to stay and saying that it will collapse doesn't change anything. It has already proved to be resilient and that's the most important characteristic of any valuable exchangeble coin.

You do not need to be a fortune teller to foresee that Bitcoin will have many of these collapses in its history. The same will happen with altcoins — this is gust the big game on cryptomarket. Meanwhile till the end of 2017 BTC will grow much more, maybe to 15 thousand.