Quote from: eightdots on February 08, 2025, 01:23:37 PM

Quote from: Mr forfee on February 08, 2025, 07:32:29 AM

Just like gold, in fact, during a recession and bank failures Bitcoin may just perform very well, because it has limited quantity, it is decentralized, and it is relatively decorrelating from traditional financial markets.

There are some situations that affect Bitcoin, but Bitcoin continues on its way. We can encounter many different news or situations and these can prevent Bitcoin from progressing in the short term, but in the long term, Bitcoin has always continued on its way and will continue to do so.

I can summarize the situation as follows; Time is in favor of Bitcoin.

Bitcoin have always found a way to survive through any kind of economic crisis so far and that has made us to believe that no matter the circumstances bitcoin can still thrive no matter the down turn. Even if we haven’t faced any major challenges yet I still think it can survive it. It’s true certain circumstances will occur that may try to weigh it down but it will only be for a short period of time and bitcoin will recover in the long run and probably exceed it previous height. I believe in bitcoin and will always do. It has gone too far to fall easily.