Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: NewCryptonian on June 22, 2018, 08:17:18 PM



Title: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 22, 2018, 08:17:18 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 22, 2018, 08:58:09 PM
Perhaps bitcoin will dip into $4000 by the end of year.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: richshopgh on June 22, 2018, 09:03:01 PM
Are you sure bitcoin is going to die because of these reasons. Bitcoin is the most unique techology that has ever happened to the finanncial sector. Bitcoin for striving for 9 years , It wont die like other inventions.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 22, 2018, 09:34:43 PM

Are you sure bitcoin is going to die because of these reasons. Bitcoin is the most unique techology that has ever happened to the finanncial sector. Bitcoin for striving for 9 years , It wont die like other inventions.


by Unique you mean like Litecoin, Ripple, Ethereum, Dash, Zcash, NEM and the 100 other cryptocurrencies ready to go public ......oh wait how is bitcoin unique again?


Title: Re: bitcoin is most likely going to die, here is why...
Post by: darkangel11 on June 22, 2018, 09:50:41 PM

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now.

Wrong. Not even 30% of people in the world know about Bitcoin. You see, you're prediction is nothing but a reflection of your attitude towards BTC. You think that since you and your friends know about it, everyone does as well. I advise you to check how many people have access to Internet, how many people have basic computer skills, you'll be surprised. I live in a small town and if I were to start asking around maybe one out of 10 people would know what BTC is and not even 1 in a 100 would own one.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: God on June 22, 2018, 09:58:01 PM
Its more than obvious that this thread is only meant to be in here to create more FUD and to make the price drop, so do not pay attention to this guys


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Theo222 on June 22, 2018, 09:59:21 PM
Perhaps bitcoin will dip into $4000 by the end of year.
it never be happen bro i think the dip price of bitcoin will be 6500$ and then it will pump again because people will buy more bitcoin in this lower price.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cynooza on June 22, 2018, 09:59:28 PM
I think bitcoin uniqueness lies in its genesis. Initially, it was adopted by IT-enthusiasts and libertarian who obtained a fair share of it and believe in it ideologically. That means that these people won't let anyone devour or destroy bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 22, 2018, 10:08:14 PM
Its more than obvious that this thread is only meant to be in here to create more FUD and to make the price drop, so do not pay attention to this guys



And yet you can't come up with good answers to the problems that I listed, if you can prove me wrong I am all for it. After all, I am open to new ways to make money regardless of how it is done, whether by buying virtual currency or buying a piece of poo.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: roadwell890 on June 22, 2018, 10:14:22 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I agree with statement number two, now this bitcoin is not unique anymore, altcoin has a lot better than bitcoin
and if the BTC price goes up and down quickly, then surely it's just the act of the whales who are setting the price,


Title: Re: bitcoin is most likely going to die, here is why...
Post by: pitiflin on June 22, 2018, 10:14:35 PM
1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.
Let me explain to you point by point:

1. There is undervalue or overvalue here. People who say that are retardedfucks. The market demand and supply determines the price. You have a very disturbing idea of how bitcoin works which by the way is not true.


2. Bitcoin is bitcoin and not an altcoin. Hence it is unique.


3. If they can outshine why haven't they yet, you cannot seriously compare bitcoin with alts. There's a reason why bitcoin is bitcoin.

Practicality: What's wrong with that? People use bitcoin if they want to, else they use fiat.

Safety: Bitcoin is safe on its own, its the people that's the main problem. They don't know how to protect their coins.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: farosa on June 22, 2018, 10:18:21 PM
These reasons were when the price of bitcoin was 20k and when the price fell, everyone began to slander Bitcoin.
I think the reason is the fear of losing money in people. Also scam projects have a big effect on this and the number grows.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Kez1817 on June 22, 2018, 10:26:13 PM
   No matter what will happen to bitcoin it will continue to rise. Even it will go back to $1 ,i am sure it will rise again. Bitcoin will never die or it will never become worthless as long as there are still people believe on it and continue to invest and patronized despite of bitcoin price drop. Those people has a wide knowledge about bitcoin and they have strong feeling that the falling of bitcoin price now is just temporary.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: KingScorpio on June 22, 2018, 10:27:45 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.


4. Dependence on Attention
All Cryptoindexes that currently matter and the media system is basically surrounded arround bitcoin, its easy to list a coin that has a higher marketcap and then quickly spread it.
bitcoin runs a dominance through attention, it is some kind of superior in the information war. but the problem here is this will become a very ugly and meaningless competition.

people have an ugly habit of passivly continue to enrich the established


Title: Re: bitcoin is most likely going to die, here is why...
Post by: HabBear on June 22, 2018, 10:39:12 PM
1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

All that's required is for one endorsement by a country a company or a large group of people. Because the sentiment is the driver...and when people become rational about their sentiment they will jump in when they hear some positive rational news.

Almost everyone may know the world "bitcoin" but hardly any people know why the rest of us believe bitcoin is valuable, is better than something that runs our lives. Some education on that front could change sentiment, or the strength of it.

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

The fundamental difference between bitcoin and ripple is that ripple is private, owned by a company (of the same name). Ripple is not an open source network from which anyone can begin mining and participating. Ripple has a business plan, a marketing plan, they thrive on deals they make with financial institutions. When you buy ripple you're buying an investment.

Bitcoin is more open and free than currency.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

Evolution is real. The reality is that there is no other cryptocurrency...that is intended to be used as a currency (this eliminates Ethereum, Ripple, a few others)...that is more well known or has greater adoption as bitcoin. So, yes, other cryptocurrencies can evolve what Bitcoin offers. But cryptocurrencies also allow easier speed to evolve through hard forks. If Bitcoin is to become obsolete, we're no where close it yet.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.

It does actually make paying for something easier, but more accurately it makes transferring money easier.

If you need to pay a friend or a significant other, why must it take 3 days to get paid? It's ridiculous, it's "snail mail" in the age of email. It's 1980s technology. Inter bank transactions should be instant. Cryptocurrency offers that.

Companies like Venmo provide the illusion of instant payments, but if you wanted to move that money out of their app it would take 3 days..they're spotting people the transactions because they can keep control in the app.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

Bitcoin still represents a much needed better alternative to a system that every one of us must use.

There's incredible opportunity to improve upon the financial payments system. There's an incredible number of people that uses the financial payments system (like in the Billions of people). Those two things - opportunity and market - equal a good recipe for investment growth. For revolution. It won't happen over night, but it will happen...with Bitcoin or something that is derived from what Bitcoin started.



Title: Re: bitcoin is most likely going to die, here is why...
Post by: siagh357 on June 22, 2018, 10:58:37 PM
Even if there is a technology change and people are no longer interested in bitcoin , it doesn't imply that bitcoin will die. The new cryptocurrency that will emerge will be modelled on bitcoins so it will still be relevant.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Domanity on June 22, 2018, 11:16:31 PM
I do not believe Bitcoin will die, even though there has been a technological change sometime in the future. Bitcoin will stay alive, and the demand will remain overwhelming.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: magneto on June 22, 2018, 11:59:23 PM
Bitcoin will serve a purpose in the world for the decades to come.

Even if the massive adoption never comes, I think that it will at least serve as a niche asset for those who want to store their wealth privately and within a decentralised system, just like people are doing with gold at the moment.

Even if bitcoin doesn't get used in every day life, it won't die. I think that a lot of people will continue to use it as a store of value, as a global means of transaction, as a hedge against fiat inflation, etc. Besides, as a decentralised network, BTC can only be considered to be "dead" if no one uses it. If anyone uses it, bitcoin will continue to exist as a network and will hold value.

Yes, bitcoin is not backed by a government. But that doesn't mean that there is no value. I think that the comparison can be drawn between gold and bitcoin quite easily, in regards to how their value is derived - both decentralised, both limited supply, and has trust of a lot of people. Bitcoin can at the very least, take over gold's role and make it better. But with some luck, we may see bitcoin emerge as the whole internet's standard of payment due to its global nature.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: gentlemand on June 23, 2018, 12:03:38 AM
Here is my prediction - in 3-5 years you will still own no coins, not that a plural will be affordable by then, and you will still be starting threads like this.

Have a good one.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: jamescater on June 23, 2018, 12:44:51 AM
btc will thrive in the next two years


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Dudeperfect on June 23, 2018, 04:32:16 AM
No one is saying that Bitcoin is going to last forever but as of now, I don't see any other coin having that potential to replace Bitcoin in terms of user base, trade volume, utility value and growth rate over the years. Yes, there is always a possibility of any other coin coming up with a better system and other aspects as I mentioned above and that might replace Bitcoin but that's the case with each and every innovation out there. It is always said that self-driving cars will replace current cars but that doesn't mean we will stop using current cars until then, do we?


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Juggy777 on June 23, 2018, 04:43:25 AM
So you don't own a bitcoin but yet you're here on it's platform to discuss your views, why should we even care for your views when you don't even own it, for all you're either biased or a paid post to try and undermine the popularity of bitcoins but I don't buy into your arguments. Bitcoins is never going to die, some bumps are expected but it'll rise so stop spreading fud here.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 23, 2018, 02:25:51 PM
Crypto currency might serve a purpose in the future, but that doesn’t mean bitcoin will. Another crash is coming I am afraid. New cryptos will wipe out bitcoin, it’s going down to $1

Just like new computers constantly replace older ones.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: carlisle1 on June 23, 2018, 03:04:01 PM

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now.

Wrong. Not even 30% of people in the world know about Bitcoin. You see, you're prediction is nothing but a reflection of your attitude towards BTC. You think that since you and your friends know about it, everyone does as well. I advise you to check how many people have access to Internet, how many people have basic computer skills, you'll be surprised. I live in a small town and if I were to start asking around maybe one out of 10 people would know what BTC is and not even 1 in a 100 would own one.


Great catch on this  mate,OP is just another troll and just want to make another panic in our community,talking about 6 years ago and youve been here?common dude tell me that it was a story to tell to marines?

Crypto currency might serve a purpose in the future, but that doesn’t mean bitcoin will. Another crash is coming I am afraid. New cryptos will wipe out bitcoin, it’s going down to $1

Just like new computers constantly replace older ones.

Let me guess how much the whales paying someone like your kind just to make this good story to gain panicked and weak members go sell their bitcoins?


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Raline on June 23, 2018, 03:08:49 PM
Perhaps bitcoin will dip into $4000 by the end of year.
is it possible that bitcoin returns to the starting point where price n BTC is as cheap as it used to be, which can only be used to buy a cigarette? ..


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ngusmin on June 23, 2018, 03:14:24 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

It is still a possibility and is unlikely to actually happen. I believe opportunities will always be there, and bitcoin still has a chance to increase in value.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: sidsanj on June 23, 2018, 03:28:18 PM
fiat currencies will not be replaced totally by the crypto currencies. even though crypto currencies is too risky, with the time it will be also improved to reduce the risk. we cannot say this is not practicable since in Japan there are places that can pay with BTC. it will take time to compete against fiat currencies. but my opinion is that the BTC will be the main currency in future trading(like usd is the dominance in current world tradings). correct me if i am wrong


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 24, 2018, 02:34:06 AM
fiat currencies will not be replaced totally by the crypto currencies. even though crypto currencies is too risky, with the time it will be also improved to reduce the risk. we cannot say this is not practicable since in Japan there are places that can pay with BTC. it will take time to compete against fiat currencies. but my opinion is that the BTC will be the main currency in future trading(like usd is the dominance in current world tradings). correct me if i am wrong

You are wrong. There, corrected.

USD is backed by the number 1 economy in the world. BTC is backed by..... oh, nothing.
There will be millions of crypto currencies if people really want to create them, in fact it’s so easy to create exact same bolockchain as BTC. Nothing unique there


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Nilda on June 24, 2018, 04:02:19 AM
I lost count on the number of times bitcoin has died in this forum. Whatever that doesn’t kill you, makes you stronger. Bitcoin will surely outlive the skeptics.  :D


Title: Re: bitcoin is most likely going to die, here is why...
Post by: pooya87 on June 24, 2018, 04:29:15 AM
i only need one reason to know your comment here is bullshit and to ignore you, and that is the fact that you took the time to come to a bitcoin forum, sign up and tell us that bitcoin is going to die! LOL.

based on your comment and your 1-3 bullshit reasons you are an altcoin bag holder who has fallen for the advertisement and you thought you are going to be rich but now you are getting dumped on and you are losing a lot of money.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Leyss on June 24, 2018, 05:08:06 AM
In fact, nothing bad happened with bitcoin. Therefore, in order for him to die, there are no objective reasons. Just bitcoin and the crypto-currency market are going through hard times. This period will pass and everything will be fine. Now in the market there is a certain manipulation so that newcomers in the crypto currency and psychological unbalanced sold their bitcoins at very low prices. It's just business.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ladydark on June 24, 2018, 05:40:31 AM
Bitcoin is being hacked only due to the mistakes of its holder either storing it in an exchange or revealing the wallet's private key publicly.

It's true that some altcoins get transacted much faster than bitcoin,but we should also consider that their transaction volume is very low when compared to bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NewCryptonian on June 24, 2018, 02:45:21 PM
i only need one reason to know your comment here is bullshit and to ignore you, and that is the fact that you took the time to come to a bitcoin forum, sign up and tell us that bitcoin is going to die! LOL.

based on your comment and your 1-3 bullshit reasons you are an altcoin bag holder who has fallen for the advertisement and you thought you are going to be rich but now you are getting dumped on and you are losing a lot of money.

I care about you and don’t want you to lose your home and your shirt, that’s why I warn you to sell now! It’s going way down and another crash seem to be coming


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Elachious12 on June 27, 2018, 04:40:10 PM
I don't believe or agree with your analysis, bitcoin can not just die like that. There is mass adoption of bitcoin so it can't die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: javierherr79 on June 27, 2018, 05:58:47 PM
Bitcoin is unique only because it's first, well known in the world and original creator gone. Not gone gone, but he [probably never gonna return. Maybe only in death bed he will tell people, he is creator.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: lakita on June 28, 2018, 05:34:41 AM

I think that can not happen, even if it drops to $ 4,000, it will grow again at the end of the year


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Google+ on June 28, 2018, 05:40:03 AM
just calm the bitcoin price and the bitcoin circulation will never die until this moment alone the bitcoin price could get back up again, this time the bitcoin price is falling but this is only temporary because I'm sure bitcoin when there is good news bitcoin prices can be recovered on top again .


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cofee.BLUE on June 28, 2018, 06:32:32 AM

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now.

Wrong. Not even 30% of people in the world know about Bitcoin. You see, you're prediction is nothing but a reflection of your attitude towards BTC. You think that since you and your friends know about it, everyone does as well. I advise you to check how many people have access to Internet, how many people have basic computer skills, you'll be surprised. I live in a small town and if I were to start asking around maybe one out of 10 people would know what BTC is and not even 1 in a 100 would own one.

That's right, for a long period of time of it's existence I believe that it's popularity is much higher percentage than in the past years of it. As a matter of fact as of now there are the continuously increasing numbers of people that already adapting and supporting it. So I think dying of bitcoin won't be happen.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cryptokeke on June 28, 2018, 07:00:56 AM
Bitcoin wont definitely die, it has already passed many obstacle and dumping and pumping process many times and it always reach a new milestone so im sure it will be back at its peak like before or much better.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Variogam on June 28, 2018, 07:41:13 AM
Reason for using Bitcoin: token with decentralized ledger governed by math (cryptography) is the future in my opinion and because Bitcoin proved it has best development and decentralization for almost a decade it is safest to hold. If you did some research and still believe there is no significant difference between Bitcoin and Ripple, better keep ignoring the cryptocurrencies, because there are hundreds of altcoins for a reason: for professional traders to extract value from newbies with get rich quick mentality who ignoring fundamentals.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Queen_Amber on June 28, 2018, 08:00:54 AM
If bitcoin ever died, it would be because of the MAJOR HACKS that happens every other day.. Millions of dollars stolen each hack.. Pretty soon hackers will own 99% of the bitcoin supply!!


Title: Re: bitcoin is most likely going to die, here is why...
Post by: cryptoblue77 on June 28, 2018, 08:20:43 AM
Well, I am not at all concerned, if bitcoin die, after ten years. You can make money now, as long as bitcoin is here, so doesn't need to worry about distant future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Howard1102 on June 28, 2018, 08:23:50 AM
Perhaps bitcoin will dip into $4000 by the end of year.
Your predictions are correct. Because based on the graph of Bitcoin, I still see the chart is still in the downtrend. It is possible that the price at the end of the year will be 3000-4000 dollars


Title: Re: bitcoin is most likely going to die, here is why...
Post by: stayeduptolate on June 29, 2018, 08:18:21 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I am also not sure about the future of bitcoin, everything is just going in against of bitcoin only. Bitcoin is suppose to be very sustainable and very versatile crypto currency and there were also the news that bitcoin will set up all new records by taking his valuation to a very high values and many wise economists even predicted that these valuation will rise up to very high value in the coming months of this year but still there are news that there are some countries who are completely in against of bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: RawDog on July 04, 2018, 01:47:26 PM
If bitcoin ever died, it would be because of the MAJOR HACKS that happens every other day.. Millions of dollars stolen each hack.. Pretty soon hackers will own 99% of the bitcoin supply!!
Probably already got 50%


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Question123 on July 04, 2018, 02:00:43 PM
Bitcoin the price is unstblae because sometimes they decrease and sometimes it increase. But I hope mostly the price of the bitcoin will increase again the value and become stronger again. Bitcoin will not die this year and coming next year it's only temporary the price decrease.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: okissabam on July 04, 2018, 02:03:32 PM
Well we all have our own different opinions on why we think Bitcoin is not going to die but I really believe that this coin can bring something to the future, something even those less fortunate people are able and capable of earning and can use them at the same time.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: zolfa on July 04, 2018, 02:50:24 PM
Perhaps bitcoin will dip into $4000 by the end of year.
what would you do if bitcoin fell to $ 4000? are you interested in being part of the whales?

I'm not sure bitcoin will drop get to that value, even I'm analyzing the market, that bitcoin will stabilize between $ 7K or $ 8K until the end of 2018.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: larissakron on July 04, 2018, 02:53:58 PM
Well I don't know. I believe bitcoin is still very unique. It's first. It's known worldwide and it's doesn't have team behind it, so there is no risk like some coins has team issues and dies fast enough. Thou it's not gonna be around forever of course, but it will not die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: anwar98 on July 04, 2018, 03:28:57 PM
Here is my prediction - in 3-5 years you will still own no coins, not that a plural will be affordable by then, and you will still be starting threads like this.

Have a good one.
You are right, sir. He is only part of the people who spread FUD. And I also believe 3-5 years he will not have a coin. Because he is too picky and can not stand the coins he really believes in.

I am quite happy with your answer, sir.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Aris novianto on July 04, 2018, 03:46:21 PM
indeed many issues issues when bitcoin will die, I believe bitcoin bitcoin will never die, it is now bitcoin again emergency, by 2019 bitcoin will definitely improve and will be more advanced


Title: Re: bitcoin is most likely going to die, here is why...
Post by: panukurap on July 04, 2018, 03:48:38 PM
These reasons were when the price of bitcoin was 20k and when the price fell, everyone began to slander Bitcoin.
I think the reason is the fear of losing money in people. Also scam projects have a big effect on this and the number grows.
yes, it's just a fear of loss and panic, because every bitcoin of its price falls a lot of people think bitcoin will die, but bitcoin does not die and develop until now, I'm sure bitcoin will soon return at its best price.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: AGD on July 04, 2018, 03:49:41 PM
snip

Quote
bitcoin is most likely going to die,
edit: because
Quote
I do not own any bitcoin


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Underlord on July 04, 2018, 04:05:32 PM
I'm tired of hearing rumors that bitcoin is going to die, too many issues that explain this to decrease interest in bitcoin (downtrend), cryptocurrency conditions are now crucial, but that may only happen for a while like in the year 2017, this is the risk of cryptocurrency, so let's be hope the end of 2018 will be a good peak for bitcoin


Title: Re: bitcoin is most likely going to die, here is why...
Post by: elygil2022 on July 04, 2018, 04:06:05 PM
Most likely means not sure. Well played! This is different from other skeptics that predicts the demise of bitcoin. Just the same, bitcoin will outlive these guys.  :o


Title: Re: bitcoin is most likely going to die, here is why...
Post by: undeadbitcoiner on July 04, 2018, 04:57:49 PM
1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

Bitcoin value is not based on Sentiments, It is always on Supply and Demand + cost of Miners. Sentiments do take some places in Bitcoin price but those sentiments for new and freshers who are here only to make few bucks, They dont even care what Mining is, What Blockchain is and what is the Importance of Bitcoin in the real world.

About your 70% back in 2014 happened same thing looks like you forget that it dropped 70%+ and created another ATH in 2016, this is one of the normal practice while trading is infantil, Which happened to Gold, Silver, Petro and Regular stocks also if you go back and check in its infantil period. Point to remember here in bitcoin value is Supply and demand and Cost of Bitcoin mining, according to cost of Bitcoin mining Average (Not according to different region) $3700+ is not in loss mining and $5400+ in term of US Mining is not in loss so Bitcoin price in $5400+ will still be profitable for most miners and that price is still Higher than 2017 price while 2017 Mining profitability price was $1800+

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

How you even thought that Bitcoin is no longer Unique? is Ripple is Unique for you  ;D ;D ;D, Let me remind you Bitcoin is not the First Cryptocurrency in the world but Bitcoin is the First Decentralize Crypto Currency which itself is Unique. If you know the Concept about Decentralize than you will understand the Bitcoin, Again please don't forget that Bitcoin Blockchain has the Longest Blockchain and record which is 99.99% Hack-proof than any other altcoin in the market, Bitcoin is the least possibility of 51% attack than any other alt coin in the market.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.
There is always possibility of New Cryptocurrency to come but will never come as strong as Bitcoin because of its Longer and larger and Stronger Blockchain. If you are concerned about fast transaction than Bitcoin than you are rite there are but if you are still looking about faster and Safest than that is Bitcoin, I do believe you are concerned about safe also because you said a lot of people lost there coins.
and yes bitcoin was created decade ago that is also a Unique about Bitcoin being developed decade ago this technology was hundreds years advance. Don't forget Internet was developed back in 60's we are still using the same thing only difference is few updates.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.
How you feel traditional Banking is safer? They can control your money anytime anywhere. and if you leave your locker open than please don't blame anyone to take your stuff from locker. Keep your locker Bitcoin itself is only safest Financial system in Universe which exists, Loosing your bitcoin from exchange or your computer getting pissed is not bitcoin network problem its because of your negligence.

I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
Here is what you gone completely wrong than any other of your statement, Bitcoin is not only money making game: if you want some money making game than please go and buy some Stocks where company performance will determine its value.

Bitcoin and Blockchain is all about Technology, Supporting technology and the mean time making money. Anything goes to Moon will come back to Earth again but anything goes towards Strong Development , Safety, Unique, Powerful is beyond the moon.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Tigorss on July 04, 2018, 05:00:07 PM
The virtual currency has experienced many near-death experiences in its short four year life, but continues to the present day.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Silenox on July 04, 2018, 05:15:57 PM
Many people have heard of Bitcoin, few understand Bitcoin. And of those who understand, many want to destroy it.

1. Value is something transient, or is necessity or desire. Bitcoin in case of necessity = means of payment or reserve of value, Bitcoin in case of desire = speculation and trading.

2. The value of Bitcoin in fiat is not higher because of the ico's fever, when the dust goes down and the demand back it will rise, blockchain older and safer.

3. It may happen, but has not yet happened, just as we still use cutlery, despite all technology, we can use Bitcoin for decades.

It is not the easiest way (but it is very safe if you know how to use it) to transact, but it remains decentralized, one of the pillars of its creation.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: 1van__ on July 04, 2018, 05:16:24 PM
no, I do not agree with you, I think that it will still rise in price, analysts and investors confirm it, for me bitcoin remains the most promising crypto currency


Title: Re: bitcoin is most likely going to die, here is why...
Post by: helen28 on July 04, 2018, 05:41:16 PM
no, I do not agree with you, I think that it will still rise in price, analysts and investors confirm it, for me bitcoin remains the most promising crypto currency
I don't agree with that kind of speculation too, especially nowadays that the people are now fully adopting things towards bitcoin, and I know that government are already implementing things too and would love to have this kind of opportunity in their country.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Apes on July 04, 2018, 05:49:04 PM
I think bitcoin will never die and only people who panic and do not understand bitcoin for those who say bitcoin will die .. as long as there are investors and as long as there is bitcoin internet network I think will last long and lasting because bitcoin still needed many people .. so I think bitcoin will last a long time and will never die because bitcoin is a blessing for those who use it ..


Title: Re: bitcoin is most likely going to die, here is why...
Post by: estupido on July 04, 2018, 06:29:26 PM
I understand what you say but I also hope you realize that not everyone knows bitcoin, and cd is still used now.i think bitcoin never die


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Msworld83 on July 04, 2018, 07:09:53 PM
Bitcoin will always be the king in crypto no matter way .

The uniqueness of Bitcoin to other cryptocurrency is it algorithm and it's method of mining why it can't be hack like others , because it will cost more than what the hacker will get to get it hack on like reset hack of bcn, btg etc .

On the aspect of can't move , just forget about that cos btc is has it's time to dip and moon base on it algorithm and if you read it chart and understand you will see what am talking about except you don't know it's history and how it work

Just say you don't believe in it ideology and simply because of this you assume it will never work , but as you said last six year you heard about Bitcoin and here it is today and am sure in next six years to come you will be surprise with it performance.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: PeRo on July 04, 2018, 07:21:18 PM
Bitcoin has a good price and market cap right now, it doesn't seem that it is dying. The price might even rise up soon. Bitcoin is unique, it is the first cryptocurrency and it is the most accepted one, shops who accept crypto mostly accept Bitcoin and not some other coin. And what does make other coins unique? Nothing, they judt copy Bitcoin.
Why didn't a cryptocurrency with better technology already arrive? Tell your empty tales elsewhere.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: crptotrader007 on July 04, 2018, 07:33:05 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
See there might be a possibility that whatever you are telling is right but what I think is the the most important difference between Bitcoin and any other is coins when it was invented and who invented it.Satoshi nakamoto is a brand and this brand has his product called bitcoin.and that brings the faith and trust  of people.Trust is something which is very important in trading.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Pourmeacup on July 04, 2018, 07:44:35 PM
you are saying a lot of bullshits. Is pretty evident that you don't know what are you talking about.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: anhzaibro on July 04, 2018, 08:42:05 PM
If you die, the electronic money market will collapse. What do you think about that? I think it is impossible.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ofelia25 on July 04, 2018, 08:52:56 PM
I am in doubt with this, I don't think that it would happen, bitcoin will not die no matter what it is just in our mindset since we are panic because of the declining of the price right now but for sure in the coming months it will recover soon.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: notaek on July 04, 2018, 09:06:41 PM
But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

Then you need to fact-check yourself more on that, because you are wrong by many folds.

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. -snip-

Wrong. Even if Bitcoin is recognized by nearly 60% of the world's total population, thanks to its recent surge, but majority of them are in it as private buy and hold investors who want to capitalize on its potential future price increase. Talking about FOMO and people being rational, you need to look back at the "FANG" stock charts on how they went down and recovered from the 8 year long bear market.

2. Bitcoin is no longer unique. -snip- Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

Wrong again. Bitcoin is the underlying currency, the motherlode of Blockchain technology. If you don't think Bitcoin is unique then you might as well quit saying unique to any other altcoins as they are directly adopted and influenced from Bitcoin.

You also seem to not know about Ripple to begin with. They key differences between Bitcoin and Ripple:

  • Bitcoin is decentralized, Ripple is completely opposite.
  • Bitcoin is mineable, whereas Ripple is premined and 60% of it are owned by the team.

Do I need to state more? ::)

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

As I stated earlier, all altcoins so far are inspired from Bitcoin with a few tweaks here and there. At the same time, Bitcoin is evolving as well; for example: Implementation of Lightning Network to facilitate payments instant, Implementation of Schnorr signatures etc...

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.

That's due to human error. Don't blame it on Bitcoin if someone isn't careful with their private keys. The whole blockchain technology wouldn't exist by now if there's a technical glitch/loophole anywhere.

I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

The underlying reason of making this post is because you're frustrated with the bear market.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Duzter on July 04, 2018, 09:12:22 PM
Some people always expect the market to be bullish. If that's happening then it is not the true growth, it can be of cryptocurrency or something else surely there will be some fluctuations in between which is the way of perfect growth. I believe Op is one among the people who without understanding the market just expect price growth alone.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: notaek on July 04, 2018, 09:20:15 PM
Crypto currency might serve a purpose in the future, but that doesn’t mean bitcoin will. Another crash is coming I am afraid. New cryptos will wipe out bitcoin, it’s going down to $1

"Crypto currencies" aka altcoins are all trash. They don't serve any purpose besides helping the developers and early adopters to make a quick buck in a few days.

Another crash is coming I am afraid.

Its obvious. We are clearly in a downtrend right now.
Market doesn't just jump suddenly without a bull reversal. We are yet to reach that point.

Just like new computers constantly replace older ones.

Don't compare apples to oranges bud.

Some people always expect the market to be bullish. If that's happening then it is not the true growth, it can be of cryptocurrency or something else surely there will be some fluctuations in between which is the way of perfect growth. I believe Op is one among the people who without understanding the market just expect price growth alone.

Yes, OP needs to learn to embrace bear markets.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Core.BUSTER on July 04, 2018, 09:30:55 PM
I do not believe Bitcoin will die, even though there has been a technological change sometime in the future. Bitcoin will stay alive, and the demand will remain overwhelming.
Yes, I am not believe bitcoin will die, bitcoin always alive and rise and we know bitcoin now is down but this is only temporary  cause bitcoin always rise to give us a better life in the future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ajiejot on July 04, 2018, 10:24:16 PM
Perhaps bitcoin will dip into $4000 by the end of year.
I don't believe that it will dip into $4,000. It will only stay above $5,000 at the last quarter of this year. Around November or December, it will start to rise up again. Let's hope that the manipulation of Bitcoin will stop, there are some people always telling that there is manipulation happening now. ::)


Title: Re: bitcoin is most likely going to die, here is why...
Post by: notaek on July 04, 2018, 11:23:38 PM
Perhaps bitcoin will dip into $4000 by the end of year.
I don't believe that it will dip into $4,000. It will only stay above $5,000 at the last quarter of this year. Around November or December, it will start to rise up again. Let's hope that the manipulation of Bitcoin will stop, there are some people always telling that there is manipulation happening now. ::)

Its not a manipulation as they say. Its obvious that we are in a bear market right now due to the fact that the percentage of involvement now as opposed to that in December 2017 decreased by many folds.
The RSI and bearish divergence proves that.

Until and unless we reverse this trend we are and will be going down and might even break the last resistance for a while.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Lalafell on July 04, 2018, 11:51:01 PM
I think it never be die.Sometimes its price go down.Bitcoin price are not stable in the market.When it price go down people were say its it will die. I think the reason is the fear of losing money in people. Also scam projects have a big effect on this and the number grows.

Bitcoin is unstable sometimes up and down but this is not reason to say that bitcoin is dead. Fear and scared is one thing lose faith in bitcoin the reason why you lose your money we need to be positive and optimistic that bitcoin will continues rise and the project of bitcoin is not scam.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Nhor1011 on July 04, 2018, 11:55:55 PM
    Bitcoin is most likely to die for the mind of those who didn't believe it and has no enough knowledge about bitcoin. Bitcoin has a strong foundation that cannot easily broken. It is always decreasing but always rise. Bitcoin keep strong coins in the market despite of the current downtrend and a lot of FUD but i believe bitcoin will recover soon no matter what happen.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ogabonny on July 04, 2018, 11:58:55 PM
bitcoin is more signs of a recovery than is dying.The market is in green


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Ronaldcoin2017 on July 05, 2018, 12:34:36 AM
    Bitcoin is most likely to die for the mind of those who didn't believe it and has no enough knowledge about bitcoin. Bitcoin has a strong foundation that cannot easily broken. It is always decreasing but always rise. Bitcoin keep strong coins in the market despite of the current downtrend and a lot of FUD but i believe bitcoin will recover soon no matter what happen.
Yes I agree on that , the people who didn't believe on bitcoin is already think that bitcoin will die. But to those who believe on bitcoin they maybe think that bitcoin will soon rise and maybe most of this believer are now having the opportunity of buying so many more bitcoin and hold it for good.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: wengden on July 05, 2018, 01:53:08 AM
It is not gonna easy to die. For that reasons are not enough that bitcoin could die. For almost 9 years bitcoin survive. Again and again this topic like this always in the forum, if im not forgotten,last 2015 theres also a topic like this. But see  now? 4 years already but bitcoin is still alive.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: RawDog on July 07, 2018, 08:53:33 AM

OP just leave if you don't like crypto world
Bitcoin dead - crypto world very alive.  Bitcoin is leaving quickly.  Only 34% of crypto is bitcoin.  Will be lower than 5% in another two years.  Bitcoin has no function any longer.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: SnapDown22 on July 07, 2018, 09:21:59 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
my answer is my belief and belief in bitcoin because bitcoin currency pioneer crypto and bitcoin use advancement era and technology so bitcoin will develop also forward


Title: Re: bitcoin is most likely going to die, here is why...
Post by: btctalk123 on July 09, 2018, 09:46:30 AM
Looking at the situation on the market this year many of us can decide that it goes to the end. But the only if you really believe in it, you will wait for the grows of the market.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Jenn09 on July 09, 2018, 01:33:27 PM
I don't think bitcoin will going to die now even sooner. Bitcoin is much stable than other cryptocurrency and has a chance to hit its peak price soon, I guess we just give it some time to recover from its losses. Still I believed that it will recover and stay longer here in crypto world.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ronalsi on July 18, 2018, 05:27:13 PM
If you think Bitcoin will die is the biggest mistake of your life, it is accepted by IT enthusiasts and freelance people who get a fair share of it and believe in it according to the thought.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: laryillary on July 18, 2018, 06:46:21 PM
According to one version, Bitcoin's understated cost is indirectly related to the EU proposal to consider a method for regulating crypto currency. The regulator advocated the direct collection, processing and introduction into the database of confidential information about holders of digital purses. The possibility of data exchange with law enforcement agencies is also being considered.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Himanshu111 on July 25, 2018, 08:55:09 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I think there is no reason that could justify this statement that bitcoin is going to die soon because I heard many people saying bitcoin is a bubble that would burst soon or a Ponzi scheme or a chit fund company who will promise you that they will double your money then they will run away , I consider these people morons because they are not able to understand the real potential of bitcoin and for them I will wait till the bitcoin will be declared as central currency world wide, to prove them wrong.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Marlo Stanfield on July 25, 2018, 09:22:37 PM
According to one version, Bitcoin's understated cost is indirectly related to the EU proposal to consider a method for regulating crypto currency. The regulator advocated the direct collection, processing and introduction into the database of confidential information about holders of digital purses. The possibility of data exchange with law enforcement agencies is also being considered.


That sounds pretty unrealistic and I highly doubt anything of that scale will ever happen. If they started from scratch with their own digital money, maybe. But trying to gather and control the existing crypto to conform with that plan sounds like a bit of a pipe dream.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Sarastiche on July 25, 2018, 10:34:16 PM
It is certain that Bitcoin  is not going to die, in my own view Bitcoin is the real answer to the cashless policy advocated globally, The Bitcoin technology  is still evolving, sure we will get to a level when It will be mostly accepted globally and it will synchronise the world togther. Bitcoin is the digital currency of this age that is here to revolutionalise how we trade.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: MetalGear on July 25, 2018, 10:39:40 PM
I do not believe Bitcoin will die, even though there has been a technological change sometime in the future. Bitcoin will stay alive, and the demand will remain overwhelming.
I never believe bitcoin will die, I know they have  technological change in the future. Bitcoin live longer stay alive and higher demand in the market will remain in bitcoin. Bitcoin always recover from all the trials he faced cause bitcoin have great potential .


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Pinkris128 on July 25, 2018, 10:43:04 PM
Perhaps bitcoin will dip into $4000 by the end of year.

it will not happen again.  Bitcoin will not be able to reach $ 4,000 by the end of this year. Now the cryptocurrency market is showing signs of recovery. I believe the bitcoin will hit $ 10k later this year
How sure all of you on what price bitcoin will be in the end of the year? All of that things that you are saying are just prediction. No one knows what exactly the value of it. And all people hope that it might go up again before the end of 2017 end. I believe bitcoin will not die as it was continue developing now.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: markint on July 25, 2018, 10:45:22 PM
Of course, no innovation related to digital technology is designed to last forever, but is conceived as a development that will have to evolve over the years to adapt to the needs of a world that is also facing changes permanently. And from what has been seen, bitcoin has proven to have enough flexibility (and a committed team of developers) to show that it still has a lot to offer to current and future society, so from my point of view all of us who believe in this technology we still have a lot of space to expect a bright future for the bitcoin for the next ten or fifteen years at least, before it evolves into something that we can not even imagine today.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: kotajikikox on July 25, 2018, 10:50:18 PM
Your gonna make negative news for bitcoin if feel bitcoin is not worht for just stay away do not make statements to destroy the focus of the Bitcoin community and hiw you can sure bitcoin will be die and how you can sure bitcoin aren't valuable like a gold.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Satish147 on July 26, 2018, 09:36:14 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

Bitcoin is entirely different from Altcoins as what you mentioned here as other cryptocurrencies. Because Bitcoin platform has no ownership on single person and not owned by single entity and creator of Bitcoin also not known. It is governed by the people. Fiat has value because people believes that fiat has value. Bitcoin gains its value when people are trying to accept it as currency. Why gold gets value because it is scarce and good looking. Bitcoin also have same properties and not only Bitcoin can be moved to anywhere in the world in seconds unlike gold and Fiat.
 


Title: Re: bitcoin is most likely going to die, here is why...
Post by: kickso on July 26, 2018, 09:52:49 AM
I believe we will definitely see 20k BTC again


Title: Re: bitcoin is most likely going to die, here is why...
Post by: dmitry6 on July 26, 2018, 01:50:57 PM
Bitcoin will never die because millions of bitcoins is exist and whenever internet exist bitcoin survive. also peoples talk about negatively about bitcoin because market in downtrend also these kind of panic creating by whales who are controlling market and buying bitcoins from panic peoples and they making profit in bullish market so patience keeper and experience trader never sell their bitcoin in loss.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: jemarleon on July 26, 2018, 02:15:46 PM
If you really think that bitcoin will die then why are you so interested about it and want to invest? also you are here in this forum. Most users here are here because they believe in this technology we invest money and time just to study about this technology and get profit in the future.

If you still not convince about bitcoin maybe you still dont read what is it all about.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Fujiati on July 26, 2018, 02:41:55 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

I'm not sure bitcoin can die easily for all that reason, even the opposite because bitcoin has begun to rise again and will surpass the highest price ever. bitcoin is so strong it will not easily die just like that.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Raphagalthena2 on July 28, 2018, 11:36:02 AM
don't talk so much about the future of something, it not even exist. All we got here is the present,now, the vision of something we believing that it will make the world more better and deserve to investing it. Stay patient. :)


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cotton Candy on July 28, 2018, 12:01:16 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
Bitcoin will never kick the bucket since a great many bitcoins is exist and at whatever point web exist bitcoin survive. additionally people groups discuss contrarily about bitcoin in light of the fact that market in downtrend likewise these sort of frenzy making by whales who are controlling business sector and purchasing bitcoins from freeze people groups and they making benefit in bullish market so tolerance attendant and experience merchant never offer their bitcoin in misfortune.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: princehandsome on July 28, 2018, 12:31:13 PM
I do not believe about it because Bitcoin will still be alive as long as there are still people who invest and still many the use this digital currency. no one will know about Bitcoin's future because it is difficult for predict.
 


Title: Re: bitcoin is most likely going to die, here is why...
Post by: qero on July 28, 2018, 12:31:42 PM
It is difficult to imagine what will happen to the jam. He is unpredictable strongly. But I believe that this industry will continue its rapid growth and development


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Ekimzjames20 on July 28, 2018, 12:42:45 PM
It is difficult to imagine what will happen to the jam. He is unpredictable strongly. But I believe that this industry will continue its rapid growth and development

For me bitcoin will recover and grow day by day, because it is a new creation in the payment system. Althrough at this time it's hard to implement worldwide. Because many places no internet but it will come, all over the world by the future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ggabieclaire on July 30, 2018, 11:05:59 AM
Let's not forget the fact that it's decentralized


Title: Re: bitcoin is most likely going to die, here is why...
Post by: shu_22 on July 30, 2018, 12:00:58 PM
The market panic is the thing which affects the BTC's price to a large extent but currently this coin is seeing many positive steps all around so it has less possibility of going down. Adoption of BTC and blockchain by many governments is a thing which will push the coin to a higher value in the coming times. Apart from that, the number of merchants accepting and dealing in cryptocurrencies are also increasing per day which is making Bitcoin's value in the market a good one and when it comes to the investment and trading market, Risk-taking ability has to be there to make it big but all decisions are to be taken wisely.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: teterinal on July 30, 2018, 12:01:31 PM
I think you are just trying really hard to convince yourself that bitcoin will just die so that you don't regret no investing 6 years ago which would have made you really rich by this time if you did. Bitcoin did skyrocket though, last year that is, and is now increasing again in price. I think now would be a good decision to buy if you want to make money.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: pickledmuffin on July 30, 2018, 12:11:39 PM


1. Bitcoin value is all based on sentiment.

Isn't sentiment the key driver of most markets? If there is positive sentiment, the buyers will buy, if there is negative sentiment the sellers will sell.



Title: Re: bitcoin is most likely going to die, here is why...
Post by: esteam0115 on July 30, 2018, 12:14:04 PM
I'm also not sure about the future of bitcoin, things just go against bitcoin. Bitcoin is arguably a very stable and flexible currency codec and it is also believed that bitcoin will set up all new records by bringing its value to a very high value. But you look at its price now, It's still growing day by day and I see that it's going to grow this year.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Ahimoth on July 30, 2018, 12:23:24 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
Bitcoin will never kick the bucket since a great many bitcoins is exist and at whatever point web exist bitcoin survive. additionally people groups discuss contrarily about bitcoin in light of the fact that market in downtrend likewise these sort of frenzy making by whales who are controlling business sector and purchasing bitcoins from freeze people groups and they making benefit in bullish market so tolerance attendant and experience merchant never offer their bitcoin in misfortune.
Well if you really interested to know the reason why bitcoin is going to die then let me tell you some of it. Possibly bitcoin would be dead if its users lost their interest to the system itself. If bitcoin is no longer a beneficial system then I think that could be a reason of its death. One last thing is its price that if will be kept low then it will surely affect the bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: wow.magic on July 30, 2018, 02:13:10 PM
Are you sure bitcoin is going to die because of these reasons. Bitcoin is the most unique techology that has ever happened to the finanncial sector. Bitcoin for striving for 9 years , It wont die like other inventions.
For me bitcoin will never die as long as there are investors who invest big and there's people who buy and sell bitcoin. Bitcoin is the most advance technology for now and many people will patronize as well.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Nakakapagpabagabag on July 30, 2018, 02:29:15 PM
I think it never be die.Sometimes its price go down.Bitcoin price are not stable in the market.When it price go down people were say its it will die. I think the reason is the fear of losing money in people. Also scam projects have a big effect on this and the number grows.

I think that bitcoin will not die for now, its because bitcoin dont have competitor. The dropping of its price is just because of its volatility and its normal, and also by the supply and demand. I said now because i think that maybe the future of bitcoin is bright or not, its because its possible that someone might created bitcoin competitor, as we can see, technology runs us now and technology is upgrading fast, as the technology upgrades, many opportunities will come.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: florianuhlemann on August 02, 2018, 07:45:15 AM
nothing lasts forever. if he grows up very much, then this will earn a lot of people. at some point, any technology reaches its peak


Title: Re: bitcoin is most likely going to die, here is why...
Post by: MaryKiTy22 on August 02, 2018, 07:55:26 AM
I believe that the existence of bitcoin I also believe that we have chosen the investment direction when we invest in the bitcoin market it will not be easy to beat as we increasingly make the bitcoin become playable more developed


Title: Re: bitcoin is most likely going to die, here is why...
Post by: 4abrec on August 02, 2018, 08:20:20 AM
I don't think that's a good reason for his death. On the contrary, I believe that bitcoin will live forever, at least until the "Satoshi" is found, it will remain the first coin in the world.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Main ML on August 02, 2018, 08:28:17 AM
    Bitcoin is most likely to die for the mind of those who didn't believe it and has no enough knowledge about bitcoin. Bitcoin has a strong foundation that cannot easily broken. It is always decreasing but always rise. Bitcoin keep strong coins in the market despite of the current downtrend and a lot of FUD but i believe bitcoin will recover soon no matter what happen.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: agentog on August 02, 2018, 08:29:05 AM
I think bitcoin uniqueness lies in its genesis. Initially, it was adopted by IT-enthusiasts and libertarian who obtained a fair share of it and believe in it ideologically. That means that these people won't let anyone devour or destroy bitcoin.

This is a really great point in regards to keep in mind when thinking about a floor for prices.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Marachgalthena on August 02, 2018, 08:29:23 AM
Still many many keeps say that bitcoin prices will go up ignore all the prove have in this post and don't explain why  ???.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: WoopDeBoop on August 03, 2018, 08:37:18 PM
I think you are just trying really hard to convince yourself that bitcoin will just die so that you don't regret no investing 6 years ago which would have made you really rich by this time if you did. Bitcoin did skyrocket though, last year that is, and is now increasing again in price. I think now would be a good decision to buy if you want to make money.

I really agree with you because it's better to think about the future of it and how you can get profit from using Bitcoin. It is new technologies that cannot die in real time.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: conceivedspoon2 on August 03, 2018, 10:38:53 PM
Bitcoin cannot die. As long as internet cannot die, then cryptocurrencies will not die. Its easier for completing financial transactions. It brings your money close to you instead of just storing your money in a bank.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Firefox07 on August 03, 2018, 11:32:36 PM
Even if what reason you tell us. Bitcoin will not die easily. As you see everytime bitcoin falls almost all altcoin fall too. So before bitcoin die altcoins will die first.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: 2408AAY on August 07, 2018, 10:27:56 PM
Wrong. Bitcoin will never die. I agree that bitcoin prices fluctuates up and down and aren't stable but it's still strong. let's hope for better in bitcoin than saying this. I believe bitcoin is the future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: DaWidyaa on August 07, 2018, 10:42:33 PM
In my opinion, no one can predict bitcoin, depending on investors and bitcoin sellers, I suggest not to panic first, all of it would be fine just to wait for bitcoin to rise again.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: shnmykl on September 07, 2018, 01:50:08 PM
Bitcoin won't die actually, it keeps something that makes their Coin more unique and more efficient to use/own. Someday we will be surprise of what they planning to do next, someday the price of bitcoin will shock us. Those reasons ain't the reason why the bitcoin falling, sometimes other investors want to invest other coins but in the end they will get back their bitcoins.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Wittycoin on September 07, 2018, 01:57:51 PM
I don`t think bitcoin is going to die whatever the explanation is, many rumors and considered reasons have already been told that bitcoin will die but is all just a speculations. No one could predict bitcoin, and bitcoin won`t die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: vickybitcoin on September 07, 2018, 02:09:04 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

There are so many reasons for it to die for the negative thinking people likewise there are many
reasons for it to grow and become dominant currency for those people who thinks positively.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: sunflower_11438 on September 07, 2018, 02:29:58 PM
bitcoin is the first and most decentralized among other cryptocurrency, I don't think it can be replaced

I'm so glad you said that bitcoin will not skyrocketed because I think otherwise
You have been proven wrong 6 years ago, so maybe "history will repeat itself"


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ryap12 on September 07, 2018, 02:35:41 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

I somehow agree to how you see bitcoin, but one thing I think where you are wrong. It is when you think bitcoin will end as there will be a better crpytocurrency to beat it. From what I know, the alpha version is always valuable and knowing that bitcoin is the alpha version of all cryptocurrency. It is the mother of these crypto-world. Despite if there are other cryptocurrency that trasacts faster than bitcoin with less fee or no fees at all, bitcoin will remain a legend. It will always have a value and as the supply keeps on decreasing, there will be a day when 1 bitcoin will be so expensive. Just my opinion though base on my views and from what Ive learned.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Sandus_Cryptolover on September 07, 2018, 02:41:49 PM
Bitcoin will die? Ehnn .... Well I don't see that happening rather there would be lots of other Cryptocurrencies to technologies Bette than Bitcoin at the present state, but it is a general known fact that no matter the new concept or technology put in place, it can never surpass the alpha version itself.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Tatsuyashiba on September 07, 2018, 02:50:09 PM
I think you have the truth too, maybe it is true that the point  that you said above has a direct effect on the decline in BTC prices.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Tellek Garing on September 07, 2018, 02:54:01 PM
I don't think bitcoin will die for a few years later because in bitcoin there is a technology that is awaited in the future where everyone can make transactions without fiat money like now who have made money transfers without having to meet other people


Title: Re: bitcoin is most likely going to die, here is why...
Post by: indopool on September 07, 2018, 02:56:19 PM
Currently bitcoin and altcoin are experiencing difficult times. This period will pass and everything will be fine. Now on the market there are certain manipulations so that newcomers in crypto currencies and psychologically are not balanced selling their bitcoin at very low prices. I think it's just business, not the end of Bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Bitbtc8 on September 07, 2018, 02:57:32 PM
I don't believe this,many coins have died in the past ,the main reason that can make a coin to die is when everyone dumps all the coins not when fewer dump and many buyers are buying ,you will need a mind controlling machine to control all the humans holding Btc to dump ,that's when Btc will die ,lol


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Naughty Princess on September 07, 2018, 02:59:04 PM
I do not believe about it because Bitcoin will still be alive as long as there are still people who invest and still many the use this digital currency. no one will know about Bitcoin's future because it is difficult for predict.
 
Some predicting to much without doing things to prove later. People keep saying it going to die then regret when it rise up and wish for it to decrease the price. People have no contentment, give them an new opportunity and they will just going to judge it without giving a try. Those people have nothing to do but predicting the future and wasting a chance while waiting.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: exchangegif on September 07, 2018, 03:04:37 PM
I don't think bitcoin will die and u are saying because of market downtrend but bitcoin is not a coin its a technology for digital payment. now most of other Altcoins price is in their all time down but bitcoin is stable between $6000 to $6500 and who is expecting bitcoin price fall for $3K than this will happen in their dream now many peoples are spreading FUD for create  panic sellers to make downtrend in market so they can buy bitcoin in down price & who trust on bitcoin and blockchain technology than they will make good profit in upcoming months.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: nabilanur on September 07, 2018, 03:06:40 PM
I'm within question with this particular, We don't believe it might occur, bitcoin won't pass away regardless of what it's simply within our way of thinking because we're stress due to the decreasing from the cost at this time however for certain within the arriving several weeks it'll recuperate quickly.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Crypto24hrs on September 08, 2018, 10:29:24 PM
I have carefully examined your points they actually does not hold water, the existence of Bitcoin does not depend on the points you mentioned, Bitcoin is lord and has come to stay


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ogtejiri on September 08, 2018, 10:43:39 PM
Well I think everyone has his or her own opinion and a right to express one's thought. Bitcoin maybe facing some challenges at the moment but it is still young and has so much potentials and in the upcoming years we will see bitcoin bounce back and price go up even far beyond what we have seen in the last years..let's just sit and watch what unfolds in years to come


Title: Re: bitcoin is most likely going to die, here is why...
Post by: samcrypto on September 08, 2018, 10:47:23 PM
I don't think bitcoin will die for a few years later because in bitcoin there is a technology that is awaited in the future where everyone can make transactions without fiat money like now who have made money transfers without having to meet other people
Well this also possible using bank, but this technology makes it more faster than ever and the fees is very cheap. Bitcoin is here to stay, there is no way for bitcoin to die. People love bitcoin, investors support bitcoin and that is enough reason for me to say that bitcoin is our future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Kidmat on September 08, 2018, 10:57:51 PM
I have carefully examined your points they actually does not hold water, the existence of Bitcoin does not depend on the points you mentioned, Bitcoin is lord and has come to stay
Well I agree, bitcoin will stay and will continue to exists. Everytime price does not move people claims the end of bitcoin. I do not think the end rather bitcoin will grow hopefully the price this year end will explode.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Babyrica0226 on September 08, 2018, 10:58:11 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

All of this explanation of yours are the reflection of your belief in Bitcoin and also a reflections of your behavior towards into Bitcoin too.
Your basis was none sense and it doesn't make sense to me at all. Though the market now whether bitcoin or altcoins are in declining stage period but it doesn't mean it will going to die of course not! this is trading industry where volatility is more likely happen most of the time.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: bitcoin31 on September 08, 2018, 11:09:55 PM
Bitcoin is not going to die because even then market down it will up again.  Bitcoin is unique because they life for almost decade now and from very low price to highesy price. Bitcoin is really big difference to other coins. Bitcoin still alive and I believe it will increase the value of the bitcoin again. I hope bitcoin will get a lot of investor again and have a new project and many partners.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: MarchToke on September 08, 2018, 11:50:04 PM
If that is going to happen, i believe we're already gone in this world because bitcoin has a longer span of existence than we are in this planet. Bitcoin can exists even for a century because more and more adopters are coming in each year.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: dirisu2018 on September 09, 2018, 12:11:42 AM
Another FUD well packaged trying to get people to PANIC, i love panic sellers and i cant wait for them to pay attention and do the needful by throwing their asset for us to buy


Title: Re: bitcoin is most likely going to die, here is why...
Post by: CCIORACLE on September 09, 2018, 12:22:20 AM
Am not sure things will basically go down for bitcoin, yes for sure sentiments might set in and wondering life but let us not give up am sure bitcoin is definitely warming up for a boom rise beyond doubt and is very sure as i compared for it consistency of rise and fall within the same range for a while , things will change soon. If surely people are behind this downfall then their time will soon comw


Title: Re: bitcoin is most likely going to die, here is why...
Post by: erichall on September 09, 2018, 12:29:12 AM
Ok but looking at the situation on the market this year many of us can decide that it goes to the end. But there isn't any way to know this for sure and many people are just speculating one way or another.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Zeldasmith on September 22, 2018, 01:12:12 PM
Although if there are other electronic money that trasacts faster than bitcoin with less fees or no charge at all, bitcoin will remain a legend. Just my opinion though based on my point of view and from what I have learned. People continue to say that it will die then regret when it rises and expects it to fall. Those people have nothing to do but anticipate the future and waste a chance in the meantime.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: FedorIzmailov on September 22, 2018, 01:34:06 PM
I can say that behind bitcoin are very serious and influential people whom we call whales. they will not let him down


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Elerntta on September 22, 2018, 02:34:56 PM
I don't think bitcoin can really die. This technology, which can unite the whole world, make payments safer and faster. He's too comfortable to let him die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: WebTera on September 22, 2018, 03:04:32 PM
Every day more and more people realize the benefits of bitcoin, its convenience, which is based on its unique technology. And it is this currency that develops more and more every day, without losing its relevance.



Title: Re: bitcoin is most likely going to die, here is why...
Post by: pltgksl on September 22, 2018, 03:08:26 PM
This may be true, but there is certainly only one fact that the world of crypto money is not exactly spoken. It is necessary to read the market well, so it may be true that it is right.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: rtm125 on September 22, 2018, 03:19:28 PM
All the whining about the death of bitcoin is based only on the fact that the price falls. But everyone is losing sight of a really cool, relevant technology, which will soon be used all over the world, in every country. And it won't let him die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Kamote_1102 on September 22, 2018, 03:52:13 PM
What you said was all true. But, I don't see all of these as the reasons to make Bitcoin Die. You knew that yourself. Bitcoin will always survive no matter what happens to it. it will surely find a way to recover. Bitcoin will make this World better than ever.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cassy14 on September 22, 2018, 03:57:52 PM
Bitcoin will never die as it is the foundation of cryptocurrency.
BTC will stand for a long time or forever as it is the future of currency.
Bitcoin will rule the world together with blockchain.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: davhek on September 22, 2018, 04:13:43 PM
LOL. Technology can't and won't die. Bitcoin maybe won't be the mass adopted one but blockchain technology is gonna stay for sure.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: napi on September 22, 2018, 04:23:31 PM
I think it's not true that bitcoin should actually be more widely used and should be more expensive because cryptocurrency or digital currency can be the best asset and one of the best payments.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: evergreendog on September 22, 2018, 04:49:44 PM
I think fiat has a better chance of collapsing then bicoin dying.  The adoption rate for bitcoin is only growing while many countries are starting to suffer from massive inflation.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: maxreish on September 23, 2018, 12:47:21 AM
I respect your opinion about bitcoin. But for me, It will never happen in bitcoin. It is because many people are patronizing bitcoin and almost all of the country knew about this kind of cryptocurrency. In other words, bitcoin has a solid foundation that it will not simply fall. No matter what happen bitcoin will still exists.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: burky156 on September 23, 2018, 12:50:57 AM
I would never say that bitcoin is going to die! I think the bitcoin is just borned baby but it will rule the near future. It's been more than 10 years now and we all know about bitcoin, actually in several years we are using it. And every new day new usages opening. So i couldn't understand that why you believe in bubble?


Title: Re: bitcoin is most likely going to die, here is why...
Post by: MinarchistCoin on September 23, 2018, 12:51:06 AM
If bitcoin is not unique, what other coin has the same hashrate security? No wonder you missed out and are still broke.

Just because I create another blockchain doesn’t means it’s as secure as bitcoin. That’s why bitcoin is untique. It’s the most secured.

Wow delete your account.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ghosong on September 23, 2018, 02:18:35 AM
Bitcoin will never die or will never be worthless as long as there are still people who trust it and continue to invest and trade in the crypto market. These people have extensive knowledge of bitcoin and they have a strong feeling that the fall in the price of bitcoin is now just a fluctuation in the price of Bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: fuer44 on September 23, 2018, 02:30:35 AM
if bitcoin is changed from decentralization to centralization, maybe bitcoin will get even better, because it is regulated by one center. but one thing is certain, bitcoin will never die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: FedorIzmailov on September 23, 2018, 04:28:54 AM
bitcoin will live for a very long time because of its technology and we will still see good growth in this and subsequent years


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Getcoinsite on September 23, 2018, 04:49:48 AM
~snip~


So after all of the reason why bitcoin going to die,my question is what are you doing here?What is the Stupid,noob and fool human like you still in this community?Why not go to hell since no one needs your opinion here

We are contented on what the bitcoins performances and we don’t have to expect bigger until things happened so stop fooling us because people now are mature enough to get what you mean here


Title: Re: bitcoin is most likely going to die, here is why...
Post by: King Bounty on September 23, 2018, 05:15:49 AM
in my opinion, bitcoin is not easy to die, because bitcoin is king of crypto, so if you believe that bitcoin will die, I am also sure crypto will die, but I am sure crypto will never die at any time, therefore I also believe that bitcoin is not will never die too.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Darz299 on September 23, 2018, 07:01:32 AM
I don't think bitcoin will ever die or will never be useless as long as there are still people who believe and continue to invest and demean even though the price of bitcoin is falling. These people have extensive knowledge about bitcoin and they have a strong feeling that the fall in the price of bitcoin is now only temporary due to the influence of negative news.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Cryptogid on September 23, 2018, 07:10:32 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
 .....keep your reasons,bitcoin lives forever and is here to stay,am not trying justify its stay to you,but if you have clue what bitcoin is,then your mentality will change..


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NelfiNovita on September 23, 2018, 08:27:36 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I agree with statement number two, now this bitcoin is not unique anymore, altcoin has a lot better than bitcoin
and if the BTC price goes up and down quickly, then surely it's just the act of the whales who are setting the price,

I do not agree with the statement that bitcoin will die, because not all countries know about bitcoin and there are still many countries that have not used bitcoin. and I think bitcoin is still unique in everyone's eyes because they are scrambling to get bitcoin and be used as a collection of their currencies.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: dimiinx on September 23, 2018, 08:31:41 AM
bitcoin will live for a very long time because of its technology and we will still see good growth in this and subsequent years
I agree with you bitcoin will never die because in my opinion bitcoin technology is now needed by everyone so if it dies or dies so that it will help humans to fulfill their lives will die too, we must support bitcoin always


Title: Re: bitcoin is most likely going to die, here is why...
Post by: chandra12 on September 23, 2018, 04:57:25 PM
Taking a look at the problem available on the market this season a lot of us may choose it would go to the finish. However the only when you actually have confidence in this, you'll await the actual develops from the marketplace.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Captain Sneeze on November 07, 2018, 02:45:24 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I know that bitcoin have some several problems , but I know bitcoin itself is trying fix and manage it. But dont you think that it also happen before ? But bitcoin surpass those problems and now that its happening I believe that bitcoin can face all those challenges.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: dupee419 on November 07, 2018, 02:47:08 PM
I think that what you think about BTC does not matter  ;D though I get your point but I don't think BTC is gonna fade away, and Its clearly undeniable that you have an idea about what you have said, but It doesn't seem fair enough for you to conclude that BTC is most likely going to die in the future, without stating any kind of clear preference, and I think that 80% of what you have said is highly OPINIONATED.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Romeotom on November 07, 2018, 02:59:12 PM
I think so bitcoin will never die but it price will going also increased/decrease.bitcoin is the number one currency in the crypto world.i believe it and 90℅ people same to agree with my mind. Actually some people do not like bitcoin because of the price unstable.this people want to more profitable without any long time.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: MbakNarti on November 07, 2018, 03:09:16 PM
Those who say bitcoin will die, are people who don't understand bitcoin well. Bitcoin is the first Crypto that is present and has been known by people all over the world, the strength of bitcoin is very large and people have believed in bitcoin. There will be no crypto that can beat bitcoin, because they always move to follow the price of bitcoin. For me bitcoin is a long-term investment that will provide big profits, and I am sure that in the next few years the price of bitcoin will go up and be able to give big benefits to every user.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Peashooter on November 07, 2018, 03:34:42 PM
Perhaps bitcoin will dip into $4000 by the end of year.
Even the price of bitcoin will dip into $4000 in the end of this year it will not a reason die simply because the token will probably die if there is no investors or the value of token will become 0 on the market. Bitcoin will probably survive because the number of investors already become double and I hope it would not happen.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: freebutcaged on November 07, 2018, 04:16:19 PM
Mate, Bitcoin will be around for a long time, it's just something that people need, maybe not everyone
But many people will need Bitcoin, they actually need Bitcoin right now. it is something that could change
The way of our lives by helping us to decentralize a currency and have no need for the banks when there
Is no need for the banks. let me explain why we need Bitcoin. you could say that we need Bitcoin to make
Anonymous transactions, I agree with that argument, but what we need Bitcoin for is to have freedom
Over our transactions, if you want to send a million dollar to somebody in a sanctioned country, there is
No bank to do that because countries like the united states won't allow a bank to transfer money to some
Countries. with the help of Bitcoin now you can transfer even billions to any country, most importantly you
Could just send money to a different Bitcoin address without anyone knowing the true destination.
Yes...it might going to die, but I must say that it's not this century maybe the next century coming. But I might even come to your surprise that it might not even die at all.
If you have a good reason to tell us about how Bitcoin is going to die, share and tell the tale mate, next
Century? how could you predict what would happen in the future? if people could have predicted the future
They could predict a decade just about 10 years ago to see that Bitcoin is going to grow steadily with a
Few pumps and dumps along the way. now people say that Bitcoin is going to go much higher than what the
Price is now in the future, next 2 years the price of Bitcoin will more likely double because of the difficulty
Of mining, when you mine Bitcoin at a cost of $10,000 per coin you won't sell it for anything less, since we
Need Bitcoin for our future, we'll buy it at more than $10,000 after 2 years from now.
Perhaps bitcoin will dip into $4000 by the end of year.
Even the price of bitcoin will dip into $4000 in the end of this year it will not a reason die simply because the token will probably die if there is no investors or the value of token will become 0 on the market. Bitcoin will probably survive because the number of investors already become double and I hope it would not happen.
How do you know if the price is going to dip into $4000 by the end of this year mate? for what I can tell
Price went through the roof this year and became much more stable in the past few months, this is the
Natural progression of the price and it will go up every month instead of going back down.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Brigalabdis on November 07, 2018, 04:43:08 PM
Perhaps bitcoin will dip into $4000 by the end of year.

If ever it continue to drop down no doubt that it will probably dump at the end of this year, still experts say and almost everybody including my friends that bitcoin is now cooling off or laying low, and spite the fact that bitcoin has facing some issues but then again hoping that at the end of this year which is probably 2019 i hope that we can see a good prices for bitcoin also for the altcoins.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Michael_Cox on November 07, 2018, 05:04:50 PM
Sorry but how can you make these claims about bitcoin ending when you said it yourself that you don't own any bitcoin? Reading and learning about it is one thing, but to be able to really understand the market you have to have experience having your own coins. Seems to me that this is just a way to spread fear and paranoia among the users. Please stop.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Yusuf77 on November 07, 2018, 06:10:14 PM
Hopefully what you say is not true and hopefully Bitcoin will still remain and still be very useful for the future and I'm sure Bitcoin or the technology owned by Bitcoin can provide solutions to problems that exist in the future.
bitcoin will stay alive as long as there are people using it, and bitcoin won't be able to die that easily. we know there are lots of ways for someone to get rid of bitcoin, but they still can't. yes I think bitcoin is a solution for one's economy and country. the times will be more sophisticated and the blockchain will be used in the future because the system is fast and efficient.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: anshkumandhan on November 07, 2018, 06:46:56 PM
I think you are wrong. You think like that because you and your friends are aware of bitcoin, but if it is seen in the true sense, about only 30% of people is know about bitcoin. It does not matter, bitcoin will continue to grow, it will not die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: adzino on November 07, 2018, 08:32:06 PM
Over the years it seems to be "eliminated", but bitcoin still lives and develops very strongly. Also, if you want to stop bitcoin transactions, you almost have to crash the internet, so the chance of bitcoin death is very low.
Those are just FUDs being spread so the prices can be dumped and the whales can buy them for cheap. These bullshits are so common right now that spreading those news has actually become ineffective. People now understands that what is right and what is wrong in this case. By the way, stopping transactions does not mean you have killed bitcoin. As long as bitcoin has a single unit value, it is still alive.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: CryptoSmile on November 07, 2018, 08:33:31 PM
If bitcoin dies, all existing crypto will die, and there will be no more cryptocurrency. That is the uniqueness of bitcoin where every existing crypto moves its price following the movement of the price of bitcoin. For that I believe that bitcoin will never die, and always lead in the crypto currency market and become a guide in the price movements of each crypto that exists.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: EXtremeAEX on November 07, 2018, 09:33:39 PM
Most altcoins are technically different from bitcoins, so people invest money in them.
Bitcoin can easily borrow the property of altcoins, which it finds useful.
Altcoins must compete not only with Bitcoin itself, but with everyone who wants to make money on it.
Bitcoin security is much higher than that of altcoins.
In addition, Bitcoin is much more affordable - more exchanges, more people wanting to sell it, more software and more equipment that supports it. Bitcoin has the largest developer ecosystem with more software and implementations than altcoins.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: tiktak89 on November 07, 2018, 09:43:52 PM
I don't think bitcoin and cryptocurrencies in general can disappear. These technologies are already gradually being introduced into the world and are increasingly recognized as very convenient and profitable to use. So I don't see any reason for bitcoin's death yet.




Title: Re: bitcoin is most likely going to die, here is why...
Post by: White Christmas on November 07, 2018, 10:07:57 PM
Perhaps bitcoin will dip into $4000 by the end of year.
Even the price of bitcoin will dip into $4000 in the end of this year it will not a reason die simply because the token will probably die if there is no investors or the value of token will become 0 on the market. Bitcoin will probably survive because the number of investors already become double and I hope it would not happen.
Yes, in fact that bitcoin was already popular and already helped many people, I think they wont let that happen. Hence they will continue to invest on it even in a small value because if we go back when the time where bitcoin started, its price was also low at that time but still they are people who bought and keep it in their wallet. Bitcoin will not die, maybe it will decrease its value now but still can recover someday.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Koobtcgal on November 09, 2018, 03:25:04 PM
There is no need to make this post here just to frighten the newbies over here. If it is going to die, that's how you see it not all of us. stop causing market here and leave for good.
Bitcoin is the leader in the crypto community which determines how crypto will be in the near future. There are many institutions planning to accept bitcoin as a medium of payment. some are already working well. There is no way BTC will die


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Asawakobana2017 on November 09, 2018, 03:34:57 PM
There is no need to make this post here just to frighten the newbies over here. If it is going to die, that's how you see it not all of us. stop causing market here and leave for good.
Bitcoin is the leader in the crypto community which determines how crypto will be in the near future. There are many institutions planning to accept bitcoin as a medium of payment. some are already working well. There is no way BTC will die
Well i think bitcoin will never ever die at all. If bitcoin will tend to die maybe it will already die before but it is not dying, bitcoin is just experiencing a huge dip and it will really rise soon. Dip is really a normal thing in crypto because it is really decentralized. I think we maybe need only few patience the bitcoin is now slowly rising which means the market is now really start turning into green.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: LinkinPrak on November 09, 2018, 03:36:08 PM
Yeah, it really can't be denied if the existence of bitcoin is increasingly threatened. This is because many bitcoin competitors are competing to provide benefits for connoisseurs of crypto currencies. This crypto currency coin provides tangible benefits that attract the attention of the enthusiasts. Bitcoin is increasingly marginalized and even more dead because bitcoin cannot compensate by displaying innovations that can be useful for its lovers. I myself regret when bitcoin does not immediately display innovation to maintain its position.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: musharaf on November 09, 2018, 04:00:08 PM
In my knowledge bitcoin can not be eliminated or it can be die because on daily basis people use it for thousands of transactions and the blockchain technology has made it easy to every one that from at your home you can make online transactions and with this the online businesses are growing and the expertise also comes while in some jobs innovations have seen through the expert services of crypto users.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: jpnl0006 on November 09, 2018, 06:06:35 PM
Well in my own contribution i can call all these speculations or predictions which may turn out to be true or may go the other way round no one knows i just believe lets all wait till when it dies or goes extinct then the story can be told thanks


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Rana590 on November 09, 2018, 06:17:35 PM
We can not say that bitcoin will die with only prediction. We can predict the price but not the future. Bitcoin has still a lot of popularity and day by day more users are joining with it. Price can up or down but for this, we can not say that bitcoin will not survive.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: thankyoulord on November 09, 2018, 06:20:03 PM
well i don't agree with the reasons you gave for the death of bitcoin. Yes technology continues to get improved and there are other cryptocurrencies which serve the same purpose like bitcoin like the ripple, but the bitcoin idea is more unique than that of all other coins. Bitcoin may be facing some challenges now but sure in no distant time it will bounce back stronger like it has done in the past.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: teejayrichard2 on November 09, 2018, 06:57:39 PM
i don't bitcoin will die, even though the reasons you gave for bitcoin seems likely true, i believe the bitcoin ideology is stronger than that and will continue to grow stronger. yes there are lots of coins which can do what bitcoin is created for, notwitstanding they dont pose a threat to the existence of bitcoin in anyway.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: gurupauts on November 10, 2018, 01:14:20 PM
this year the price of bitcoin has indeed dropped to very low compared to the price of bitcoin late last year but i think this does not mean it will be the end of bitcoin or bitcoin will die but this is the risk of crypto currency and i always think positively and believe that bitcoin will recover soon and will be victorious again


Title: Re: bitcoin is most likely going to die, here is why...
Post by: manfredmann on November 10, 2018, 01:32:35 PM
Are you sure bitcoin is going to die because of these reasons. Bitcoin is the most unique techology that has ever happened to the finanncial sector. Bitcoin for striving for 9 years , It wont die like other inventions.
Well though it is a bit weird but OP has some point. Just imagine some technology that are not being adapted by many as always it will be forgotten. There are many of this that has been left behind for it is not been useful it was just only a certain point that the technology was found to be good but later on found it was not that really useful. Besides, some of the governments are not accepting bitcoin instead some of them ban bitcoin and other cryptocurrency.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: CoinEraser on November 10, 2018, 01:37:28 PM
Such threads exist as long as Bitcoin exists. So many times I had to read that Bitcoin is dying or will die soon and yet Bitcoin is still here and will definitely be here when I'm long gone. So far he has survived everything negative and is and remains probably very long the number one cryptocurrency.  ;)


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Lorence.xD on November 10, 2018, 02:00:35 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

    You do have points on your argument but you cannot practically enclose all the conclusion by summing up that Bitcoin is most likely to die because although you have explained your reasonings well, just like us, you also do not have that capability and capacity to predict what will happen in the future because those problems you have stated are being worked on hand under maintenance and improvisation so that the present problems will be lessen to make it more accessible for future investors as well as ordinary users. Technology is not perfect that is why mankind is seeking for imperfections to provide improvisation to resolve the present problems. How can we move into innovations if we are already questioning the capability of the technology we have made just like Bitcoin as a cryptocurrency. Simple problems like those are normal and can be resolve without stating more negativities just like Bitcoin death.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: thuat86 on November 10, 2018, 03:10:13 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.

Many people said bitcoin is bullshit, buble but bitcoin lives for years and continuously grow up


Title: Re: bitcoin is most likely going to die, here is why...
Post by: loloos on November 10, 2018, 06:24:24 PM
I don't think bitcoin will die for a few years later because in bitcoin there is a technology that is awaited in the future where everyone can make transactions without fiat money like now who have made money transfers without having to meet other people


Title: Re: bitcoin is most likely going to die, here is why...
Post by: kaisa on November 10, 2018, 07:01:29 PM
Why the OP thinks that bitcoin will be obsolete, not unique, and lose competitiveness. Until now bitcoin is still the center of attention of the world. because the blockchain on bitcoin is the most active node and will be updated at any time by the community. Bitcoin is still unique, even bitcoin imitators like LTC don't provide an answer to the problem of bitcoin. Ripple has cheap and fast transactions, but ripple values are created based on company sentiments or people who use ripple services. While bitcoin has value created based on public sentiment, this is important for many people to know.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: devinks on November 11, 2018, 05:44:37 AM
I don't think bitcoin will die for a few years later because in bitcoin there is a technology that is awaited in the future where everyone can make transactions without fiat money like now who have made money transfers without having to meet other people
bitcoin is not easy to turn off by anyone except the creator, we know that every time people want to drop bitcoin but still bitcoin can handle it even if it's long. yes, hopefully many people and countries will get to know and use bitcoin in the future.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: AnAiAk on November 11, 2018, 05:50:31 AM
Bitcoin is just the start.


 Att. -----. 19i1p0^


Title: Re: bitcoin is most likely going to die, here is why...
Post by: safarabela on November 11, 2018, 06:18:36 AM
That's not the reason bitcoin will die, too many people think bitcoin will die but in fact bitcoin can still survive. Don't panic because of negative thoughts. Bitcoin will not die and still has a future, and there is nothing to worry about from bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ansarose1 on November 11, 2018, 06:30:23 AM
I don't think so, eventhough bitcoin now is not a unique coi  already but i dont think it would end now so easily, as far as i know that bitcoin is the most volumed coin in the market and we never knew when it would gonna end since its prices drops sometimes.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ardhigalau on November 11, 2018, 07:52:02 AM
Bitcoin has been reported to have died hundreds of times since he first appeared, but until now he has remained alive. Then what's your problem? spread bad news or what? Come on, we're in the bitcoin community to support bitcoin to be better.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: cahbagus555 on November 11, 2018, 09:17:04 AM
I am believe bitcoin price will rising in near future and not going to die. The reason is bitcoin is a store of value and its like digital gold and its more flexible than gold because we can use bitcoin as currency in merchant. Beside that, right now many financial institutional start opening bitcoin trading desk and thats mean investor more confident with bitcoin as investment


Title: Re: bitcoin is most likely going to die, here is why...
Post by: kakonhat on November 11, 2018, 09:22:26 AM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
That was nice talk that you have cleared, you don't have any Bitcoin. I won't talk more to you just I will say please don't spread FUD. If you had the knowledge of blockchain technology you couldn't say like that. Please study more about this technology.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: DJ_Rick on November 11, 2018, 09:52:15 AM
I think that these reasons aren't 100% evidence because a lot of experts think oppposite. To my mind, we need to wait being patient and time will show what is going to happen with btc price


Title: Re: bitcoin is most likely going to die, here is why...
Post by: jikurpa on November 11, 2018, 10:52:58 AM
bitcoin will die I think not in my opinion because bitcoin was created using technological advancements and developments in the times and of course along with the development of times and increasingly developing technology also crypto currencies


Title: Re: bitcoin is most likely going to die, here is why...
Post by: memecoin on November 11, 2018, 11:07:46 AM
Perhaps bitcoin will dip into $4000 by the end of year.

it will not happen again.  Bitcoin will not be able to reach $ 4,000 by the end of this year. Now the cryptocurrency market is showing signs of recovery. I believe the bitcoin will hit $ 10k later this year

As you say, the bitcoin price on the market has reached over $ 7,500 today, and I still see signs of increasing. Still thinking of that, I bought a lot for this price increase, probably going over $ 10,000. But just my opinion. ;D


Title: Re: bitcoin is most likely going to die, here is why...
Post by: dmcx on November 11, 2018, 11:15:01 AM
We can not say that bitcoin will die with only prediction. We can predict the price but not the future. Bitcoin has still a lot of popularity and day by day more users are joining with it. Price can up or down but for this, we can not say that bitcoin will not survive.

That's right, the price up or down is because we make no one else. This is due to the need of a person who can not stop others. But we have been steadfast with the decision to keep bitcoin for a higher and higher price. And prove that bitcoin is not dead.  :(


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Utuhikan on November 11, 2018, 11:21:50 AM
Yeah, in my opinion bitcoin will also be increasingly long due to the intense competition in the crypto currency world. Many crypto currencies are younger than bitcoin and they display innovations that are very useful. This advantage is what makes bitcoin users less. Many bitcoin lovers are turning to other crypto currencies because there is no denying that other crypto currencies have more tangible benefits. Bitcoin will not die if bitcoin can make innovations to compensate for competition in the crypto currency world. If bitcoin doesn't make any improvements, more bitcoin lovers are turning to other crypto currencies. Nowadays people are more seeking benefits than mere euphoria.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: LinkinPrak on November 11, 2018, 11:28:05 AM
In my opinion, the most influential factor makes bitcoin increasingly abandoned by the community because the price of bitcoin is very volatile. This very volatile bitcoin price has made its lovers lose confidence. Most of them doubt if they play bitcoin when prices are going up and down (not stable). They are more looking for safe to move from bitcoin. Many people are increasingly leaving bitcoin because of this volatile bitcoin price. Most of them do not want to take the big risks and do not suffer losses.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Kurevazeyo on November 11, 2018, 11:59:35 AM
That's not the reason bitcoin will die, too many people think bitcoin will die but in fact bitcoin can still survive. Don't panic because of negative thoughts. Bitcoin will not die and still has a future, and there is nothing to worry about from bitcoin.
Bitcoin haters always say bitcoin will die. Moreover, many countries that ban bitcoin,  but bitcoin still exists and transactions have occurred until now. It means that life or death of bitcoin is not determined by others, but by bitcoin itself that has no users anymore. When there are no more bitcoin users and no buying and selling transactions , that's when bitcoin will die.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: NynaHoney on November 11, 2018, 12:13:17 PM
In my opinion, the most influential factor makes bitcoin increasingly abandoned by the community because the price of bitcoin is very volatile. This very volatile bitcoin price has made its lovers lose confidence. Most of them doubt if they play bitcoin when prices are going up and down (not stable). They are more looking for safe to move from bitcoin. Many people are increasingly leaving bitcoin because of this volatile bitcoin price. Most of them do not want to take the big risks and do not suffer losses.

I think they really want market volatility. what is happening now is that bitcoin experienced most of the fall in prices without experiencing significant developments

widespread panic caused by various FUDs, especially from hacked markets, made them biased and became negative circulation. But with reference to existing volumes, it is evident that bitcoin has not lost its users and even many speculators want the opposite.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Inkdatar on November 11, 2018, 12:13:23 PM
bitcoin will die I think not in my opinion because bitcoin was created using technological advancements and developments in the times and of course along with the development of times and increasingly developing technology also crypto currencies
It will not die as the users will continue be involve in bitcoin. Agree it will developed in the future so bitcoin will not be die suddenly. I believe users will be strong and their will be growth happen indeed.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: introvart wonder on November 11, 2018, 12:54:30 PM
In some point of view I am totally agree with you... but i dont think bitcoin is about to die.... yes at this moment bitcoin is unique at all... bt the other currencies are much under rated...... i think if bitcoin die... myb the whole crypto market will vanished....


Title: Re: bitcoin is most likely going to die, here is why...
Post by: lelylely on November 11, 2018, 03:21:18 PM
I'm not worried about bitcoin and I'm sure bitcoin will survive even though many think bitcoin will die. Bitcoin will not be easily lost from the exchange because bitcoin is the strongest.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Parkingcrypto on November 11, 2018, 03:30:51 PM
Perhaps bitcoin will dip into $4000 by the end of year.
it never be happen bro i think the dip price of bitcoin will be 6500$ and then it will pump again because people will buy more bitcoin in this lower price.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Usafstar on November 11, 2018, 03:46:05 PM
How bitcoin is going to die still people use it for transactions,investment is increasing day by day so with this people also hold coins and many of the companies and new projects in the world are using bitcoin for payment and if we watch the market the idea of getting into the long term and it is clear that people invest for money but the risk is always there and for now the time is good but now much patience will be important because any time the market can show a rise and that time our coin value will be double.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: jake zyrus on November 11, 2018, 03:46:26 PM
just calm the bitcoin price and the bitcoin circulation will never die until this moment alone the bitcoin price could get back up again, this time the bitcoin price is falling but this is only temporary because I'm sure bitcoin when there is good news bitcoin prices can be recovered on top again .
Bitcoin never dies it is normal in investing the value is up and down, we need to calm if the value fall down it is only temporary cause one day bitcoin recovered and shine again.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: john_nautica on November 11, 2018, 03:47:37 PM
I see bitcoin won't easily die. I see the potential of bitcoin now only a matter of low prices, bitcoin will still continue to be in a good position in crypto. this is just a matter of price and bitcoin is dead, only speculations and statements that have not been proven.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Triwiyono on November 11, 2018, 03:58:52 PM
bitcoin can survive almost 10 years, there are also many who maybe preach if bitcoin will die. but in fact bitcoin is still able to survive until now, even though the price is now very cheap, but there is still a possibility for the price to rise. bitcoin will not die unless the internet is lost.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Marlo0619 on November 11, 2018, 04:04:07 PM
I am one of the believers that bitcoin will not die and will never die. Even though it looks like it is going to, I am still hoping that it won't. It really helps the poor people.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: iamlds08 on November 11, 2018, 04:09:41 PM
i do believe that bitcoin will die soon. yes it is a fact that bitcoin is no longer unique but we have to wait when the market dictates when bitcoin is no longer useful for them  but for now, let us enjoy the price of bitcoin.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: julius caesar on November 11, 2018, 04:18:50 PM
Are you sure bitcoin is going to die because of these reasons. Bitcoin is the most unique techology that has ever happened to the finanncial sector. Bitcoin for striving for 9 years , It wont die like other inventions.

I agree with this, in fact this year is a correction which we can say will bring out the best that we can for holding since the real time for us to gain will be probe next year year since the prior year was not properly maintained the proper flow how should the bitcoin price will fluctuate and I guess that's the main reason why we suffer this year, but keep working this will work as soon as possible I hope.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Evil eye on November 11, 2018, 04:27:52 PM
Everyone has some good and bad ideas about Bitcoin. Yes it's just some people think Bitcoin will be dead. But many people say that Bitcoin is less likely to die. Selling a product is not always the same price when selling in the market. The religion of the market value is the rise and fall. Sometimes the price will increase or decrease the price, it is normal. Bitcoin is just like that. The notion that Bitcoin will die if Bitcoin's price drops is not correct. Bitcoin's price is low, but it will increase again anytime.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: bitcoincitr on November 11, 2018, 05:05:32 PM
It is difficult to say bitcoin is not unique anymore. Bitcoin is bitcoin and others are only alternatives. Hence it is unique.  It is an asset for people who want to store their savings privately within a decentralised system, just like people are doing via storing their investments under pilow for centuries.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: ubercool on November 11, 2018, 05:18:33 PM
You were wrong in the previous prediction and you will be wrong for this one too. Even after experiencing all this, if you are still thinking what Bitcoin has done or why the price will increase then I will have to suggest you to study more about cryptocurrencies.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Agilth@mail.ru on November 11, 2018, 06:05:52 PM
it is unique  technology. At least it can't die that soon. I personally estimate that in following 5-7 years bitcoin will rise to the sky and replace the current value or it will go to the grave and nobody will talk about it.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Jocuserious on November 11, 2018, 06:42:01 PM
You are worng because Bitcoin going to never die but this price is everyday die right now.at the present moment now Bitcoin price 6400$ it's thinking Bitcoin price decrease look at 2017 last year.but Bitcoin price unstable so it can be increased anything and anytime.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Dean Collins on November 11, 2018, 08:11:06 PM
This is an interesting point of view, but not the most correct. I prefer to just watch the process, and not get into all the predictions about cryptocurrency.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: wizardcrypto on November 11, 2018, 08:52:25 PM
This is just the early stage of bitcoin despite Bitcoin is already ten years old but is a revolution cutting across every area of sector. China unbanned cryptocurrency because they know if they don't adopt it on time ,they might loose their place as the economic power of the world. More institution are now introducing blockchain technology to their curriculum. According to Warren buffet Bitcoin is here to stay. I strongly believe in Bitcoin and it will not die .


Title: Re: bitcoin is most likely going to die, here is why...
Post by: rafi035 on November 11, 2018, 09:53:05 PM
no one can know the development of even bitcoin crypto currencies because it is already the nature of the currency, the development of crypto currencies depends on their own investors


Title: Re: bitcoin is most likely going to die, here is why...
Post by: CASTIEL05 on November 11, 2018, 10:03:42 PM
Really? I think bitcoin is just starting. There are times that people think it will die, well it is just normal since we are all free to give our opinions. The price is just low but if you will look at the development of bitcoin and cryptocurrency in the whole world, you can notice how it change the way it before.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: pocketfullofpoke on November 11, 2018, 10:55:03 PM
I don't agree about some other notions that bitcoin is not going to make it in the future, will going to be obsolete, or even going to die soon. What i see in the future is a very healthy bitcoin and cryptoworld that's simply because the usage of bitcoin today is already high and that the integration of blockchain into businesses today is already in the spotlight.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: coinnumber on November 11, 2018, 11:25:51 PM
I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now.

But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  ;D

In my view, there are several problems:

1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money".

2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all.

3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world.

other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked.


I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason.
I disagree with your points that bitcoin will not succeed in the nearest future since the existence of this cryptosystem bitcoin has proving to be the most valuable, secure and controller of all other cryptocurrencies. Many people feel disappointed because of the price increased as at 2017 ending which not reduce drastically again but they forget that this same coin was $0.8 as at 2009 if am not mistaking. So I will advice will learn to avoid greediness looking for 100% profit in our investment here always leads to regret and stories that touch.


Title: Re: bitcoin is most likely going to die, here is why...
Post by: IndigoRed on November 12, 2018, 12:21:04 AM
If bitcoin dies, all existing crypto will die, and there will be no more cryptocurrency. That is the uniqueness of bitcoin where every existing crypto moves its price following the movement of the price of bitcoin. For that I believe that bitcoin will never die, and always lead in the crypto currency market and become a guide in the price movements of each crypto that exists.

Are you sure though that without bitcoin, other cryptocurrencies will cease to exist as well? But what if there are other coins that are structurally better than bitcoin?


Title: Re: bitcoin is most likely going to die, here is why...
Post by: Zin-Zang on November 12, 2018, 05:36:05 AM
If bitcoin dies, all existing crypto will die, and there will be no more cryptocurrency. That is the uniqueness of bitcoin where every existing crypto moves its price following the movement of the price of bitcoin. For that I believe that bitcoin will never die, and always lead in the crypto currency market and become a guide in the price movements of each crypto that exists.

Are you sure though that without bitcoin, other cryptocurrencies will cease to exist as well? But what if there are other coins that are structurally better than bitcoin?


The idea that if bitcoin dies all crypto dies is Complete and Utter Nonsense.

1.  Other coins such as Litecoin / ETC / ETH and others also have fiat gateways.
     Bitcoin could die tomorrow and the other coins would continue unabated.
     
2.  Other Crypto coin have no reliance whatsoever on the Bitcoin Mining infrastructure, they can continue regardless of bitcoin's life or death.