Bitcoin : Bearish Case: Why would it fail?

me2cool

Well-known member
  • Mar 21, 2012
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    Everyone wants to get in with BTC now. Make sense.
    Most probably, it will succeed too and grow to be the default storage of value or MoE or both.

    But let's discuss what could make bitcoin fail?

    Most famous bearish arguments are
    1. At some point, Gov and regulations (SEC) will get involved. Even the network is decentralized, the exchanges are centralized and they could be shut down.
    2. Gov would introduce ridiculous taxes on top of crypto holdings and transactions.
    3. As the network grows, mining becomes not profitable even with dedicated farms. Power consumption for mining is growing out of hands.
    What other bearish arguments can you think of ? or have heard of ?
     
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    shenat

    Well-known member
  • May 13, 2007
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    ආශ්චර්යමත් රටක
    The other is,

    Market makers make a bullish trend(as of now), so everyone wants to buy because of greed... finally they(mm) will sell...
    Then the trend goes down, panic sellers will sell...
    It will go down, down,down......

    Then Market makers will buy again at the dip, and make a bullish trend...

    Everything continues as a cycle... 🙂

    My thoughts..
     

    Dr.Sheldon_Suprakata

    Well-known member
  • Feb 7, 2018
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    Bubble :baffled:

    MW-GA138_bitcoi_20171213125133_ZG.jpg
     

    Superman101

    Well-known member
  • Jul 3, 2015
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    The other is,

    Market makers make a bullish trend(as of now), so everyone wants to buy because of greed... finally they(mm) will sell...
    Then the trend goes down, panic sellers will sell...
    It will go down, down,down......

    Then Market makers will buy again at the dip, and make a bullish trend...

    Everything continues as a cycle... 🙂

    My thoughts..
    Make sense