Post
Topic
Board Speculation
Re: Is the Bitcoin market going to collapse?
by
winterland
on 17/06/2018, 15:50:58 UTC
My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

Too fast to mention the bitcoin market is about to collapse, bitcoin is very strong and it is unlikely that bitcoin will collapse quickly. It's just negative thinking that is too panicky with the situation.
In reality no one know about the future of bitcoin but still people keep talking, either good or bad but they talk about it and I think these are just negative thoughts of some people about bitcoin that its price is going to decrease now. This roomer not a new one, from the very first day some people were saying that the price of bitcoin will decrease with time but it didn’t and I think the same thing will occur in the future. 
While no one knows with absolute certainty what it is going to happen to bitcoin in the future at the same time there are things we can see very clearly and bitcoin is not going to collapse in the short term, there is no other coin that can rival the technology and popularity of bitcoin and this means bitcoin will keep begin very valuable for a very long time.