Quote from: Dave1 on January 07, 2023, 02:36:27 AM

It will be catastrophic if Binance will collapse, could be similar to Mt. Gox. But even if the collapse of Mt. Gox, it didn't deter bitcoin market that time and those who think that it will go to zero might be regretting their calls to sell because we have seen the the price really make tremendous gains from the unfaithful event and up to know the case is not yet close.
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If binance collapses then it will be worse than Mt.Gox or other exchange collapse cases, maybe it will be the most horrible history that has ever happened. But is that possible? it could happen, but binance certainly has its own strategy to keep the platform safe.

The influence on the price of BTC will certainly be huge. the collapse of FTX at that time also affected the crypto market and the trust of crypto users in centralized exchanges had diminished. But the drama is over, 2023 has been a year of recovery for bitcoin and let's hope that FUD and drama incidents like FTX stay out of the picture.

Quote from: peter0425 on January 07, 2023, 03:02:07 AM

I don't need to know because I never even believe that, Bitcoin will never fall to 100$ because if that would happen? then I rather expect this to become zero value and gone in the wind.
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$100 is a price that will never be reached, unless bitcoin is no longer needed and many communities leave bitcoin. But look at this time, the Bitcoin Community and investors are growing.

Instead of someone hoping bitcoin falls to $100 and maybe just a dream, it is better to buy bitcoin now and hold it for the long term, it is better and more profitable.