Quote from: Hanadawa on Today at 11:33:58 AM

Quote from: ancafe on July 25, 2025, 03:07:07 AM

Losing 99% of its value is impossible and I have no solid reference to say this and if we look at the entry of large institutions and countries that start to consider bitcoin as a reserve, it will strengthen bitcoin to grow much bigger in the future.

First of all, I would still buy Bitcoin even if the price dropped 99% to $500. But, as many members here have said, a 99% Bitcoin drop is nearly impossible. A Bitcoin crash would mean the collapse of the entire cryptocurrency and blockchain ecosystem. Bitcoin currently has very strong fundamentals, with many government institutions and influencers starting to promote it. I believe there are still many people who are unfamiliar with Bitcoin. And as more people try to invest in Bitcoin, its value will continue to rise in the future.

Most of us make the same statement, we will buy as much bitcoin as possible if the price suddenly drops 99%. I think I would buy if that happened too, but I think the reality would be very different and not many people would dare to buy, and maybe by then I would change my mind. Because if bitcoin drops to $500, we all lose a lot of money, even everything if we invested all our money in bitcoin at the current price. I wonder, how can we have the courage to buy more when we have lost so much? Easier said than done.

But anyway, this is just an assumption, with the current situation it is clear that it will not happen.