Quote from: BitcoinCommodor on June 27, 2018, 11:58:26 AM

Quote from: The_Dark_Knight on June 22, 2018, 01:34:23 AM

Quote from: Psicotico on May 04, 2018, 09:57:09 AM

Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction

As long as you are invested in bitcoin then you have nothing to worry about, let those people that have most of their money in altcoins to worry if their coins are going to survive, the only thing you need to worry about bitcoin is to not lose your private key or to have your funds stolen by hackers but as long as you still hold your bitcoin and you are willing to hold for the long term you will unaffected even if that scenario happened.

Yeah you are right. The prices in these days are suffering from big corrections, but I think there is nothing to worry about it. The big pump in the price was unnatural and was not according to the market cap. Now the price is increasing normally and it will remain forever, it will never collapse. All these are false statements. Little bit corrections will be there forever.

A complete collapse of bitcoin is very unlikely, however I'm quite sure we are going to see more crashes in the distant future but this is not the fault of bitcoin but of people, people are the ones to cause bubbles and when they see an asset gaining value rapidly they want to earn some of those profits for themselves not realizing they are entering in this market very late and they will only suffer losses as a result of their actions.