Post
Topic
Board Speculation
Re: Why bitcoin will never fall?
by
milewilda
on 18/04/2020, 23:54:21 UTC
No, I think it will never be lower than 2-3 thousand

That means it will fall, just not fail.

Saying that it will never fail is naive because it has fallen to 4000 dollars this year so it sure is able to fall.

If we get a giant recession bitcoin could follow the stock market like it just did and fall lower. It all won't matter much because it will still come out on top. Short term market price is not important.
Dont know how people differentiate fall into fail thing.We know that fall or corrections does happen but it doesnt mean that it did fail (0 price or close to it). Nothing is guaranteed when it comes to its price yet market
is always unpredictable because the entire market does depend on demand itself.We know on whats the advantage of crypto over the centralized system and this is the main reason why it do still kick after all these years but doesnt mean that it wont fail but for now its too early to say such thing.