How low would Bitcoin have to crash to be beyond recovery?
How low would Bitcoin have to crash to be beyond recovery?
This just out curiosity and I don’t believe it’s likely that BTC would crash low enough to be basically die, mostly because its come back from the “dead” several times.
But hypothetically speakin, how low do you think BTC would have to crash for all interest in it to shrivel up? As in complete disinterest, absolutely no chance of recovery? Or is it even possible? Would BTC rise back up even if it dropped down to 1 dollar?
Ayana Answered question August 8, 2022
Actually I think there is a price level where people would think BTC stopped its upwards trend it had over the years and not enough people would be brave enough to buy anymore. All the people who said they’d buy the shit out of BTC at 30k didn’t buy. So who would buy under 10k? under 1k?
Luwis K Answered question July 15, 2022