Bitcoin Forum

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.

Do you believe that Blockchain technology will no longer use? You speculate the worst things can happen because of the current market is pouring?
Do not ask such damn questions because everyone on this board believes Bitcoin cannot destroy.

Blockchain will be use but not BTC. Read carefully!

The governments will made their own currencies or coins like TUSD, USDcoin DAI will be used. GAME OVER guys.

Lets vote which shitcoin will be slashed first  by/1000

Blockchain technology will outlast Bitcoin because other industries are allready using it,  but they are not using Bitcoins or other cryptocoins.
 

   Well,everything may change and the popularity will be gone but in bitcoin now it is still worth to invest. Why they said bitcoin is dead? There are still demand and supply in bitcoin market and price still high then bitcoin is still alive and trying to do something in crypto market. This is not the right that other coins will replace bitcoin. Btc is still the king of all crypto.

Bitcoin will be Bitcoin. I don't think it will replace cash, or existing forms of money, however I think the blockchain will eventually enable more money-like applications that governments will use.

Nice theory, but i'm not agreed about the new investors. At end people see this as a new opportunity to join with low prices. As you say, is a game where not all can win, but for those who join now and wait until it hit $20k again, will be a nice game, the only problem is, how long it will take?

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.

Sure, but why not to buy lottery ticket? It might come to 20k or to 0. If no one wants to have them they will be worth exactly 0.

Read carefully again.

There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC.

USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC.

I believe in blockchain and hope that rise will be soon!

Blockchain yes, BTC is DEAD ;D

I dont think that ,  centralized coins will get success, as they are just like using fiat currency . then the difference between cryptocurreny and fiat currency will go away. cryptocurrency created to kill the central system and decentralized system to go in.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

You seem to be very pessimistic because of your bitter condition
The best for you and those frustrated, is to stay away from the market news for several months
Btc is still at the beginning as I am see and many here
At least let us dream.

It will not be of any use to you because it is not a company... many people are totally deviating from the purpose of bitcoin, it was never designed to be a store value, it was simply created to allow transactions that do not need to go through an intermediary, with low fees and anonymity, objectives that have already been achieved.

So what is the difference paying via PAYPAL? Transactions are instantly transfered, I get warranty from PP?

What idiot does believe in stories like transactions since we have credit cards...

I am not at all sure of these coins, there are no guarantees that they will develop steadily and will replace those that leave the market, including Bitcoin. In addition, if I lose money on Bitcoin or Ethereum, then I am not sure that I want to continue working in this market.

It"s really hard to accept that bearish market bas dominated the crypto market wherein some investors could have been very desperate due to the fall of btc. In my own opinion, this dip is just temporary and I am still hoping that btc market will recover in due time. It's not the end of btc yet as there is still a big possibility of market growth.

TUSD will not replace BTC as it is still backed by USD which has an inherent risk of reducing in value so it will NOT replace BTC as an alternative store of value.

Today many people will think twice about investing in bitcoin and other altcoins, The price of each asset is dropping very drastically and that makes many investors afraid of investment.

in my opinion, this is a stock market that has extreme volatility, everyone who wants to invest in the blockchain world, then he must prepare everything, especially mental and material.

world risk of blockchain is very large, some people decide to commit suicide because they lose their capital.

when we see BTC ever reaching 20K, then that is a checkpoint, and BTC will follow its path for more than 20K, but we never know its time.

so, be patient, don't panic, don't worry, don't make FUD, it's part of our choice today.

Do you understand what are you saying? You a lack of knowledge in terms of blockchain. It think you should need to research and read more regarding of blockchain. Yes you are right bitcoin is not a stock market but they have similarity in terms of investing if stock market fall down it same on the cryptocurrency. You are saying that bitcoin is dead just because it is dumping just read and search carefully.

   What had happen to the market are massive sell off on the trading market, as reaction to the huge drops on the price value of Bitcoin, some are trying to save their investment by Panic Dump of all their investment which in turned contribute to a lot more drops on Bitcoin, it is the lower consumer's confidence by the investors that further down the market, not to mention the Negative news all over the social media, and on Broadcast that create more reaction on the market. I still that Bitcoin will recover soon.

What are you trying to tell us by saying "I lost 10k eur"? Did you buy high and sell low? If you did then I can understand the frustration. It's the dumbest thing to do and the reason why markets are oversold right now. Stupid people are selling cheaper than they bought and other stupid people who didn't know anything about Bitcoin and bought in during the hype are flooding the forums with their sad stories.
You're right, BTC is dead... for you.

BTC is not dead, we only see BTC volatility below because it gets a big influence from the battle hash.

BTC will never die when supplies and miners still exist. BTC is designed to create an uptrend.

BTC is yet not dead but its progressively slow and stuck in this misery. BTC at the moment is not great but could be worse and the main reason for such falling is due to people selling out, especially at the larger levels/volumes.

And who says bitcoin is dead? enough of this speculations. If you don't believe in Bitcoin, just keep you opinion to yourself and leave we that believe in it. People like you joined the bitcoin world because you think you can make some profits with bitcoin within some short time. Once you are disappointed, you just spread false speculations about Bitcoin.

I do think Bitcoin will still be alive, but it will be treated as a commodity or you can say digital gold. Oh heck, why has SEC looked into Bitcoin ETF applications? It will not go away because it has true value. Also, I think 2019 will be a game changer at how we look at cryptocurrenices. I can see businesses will start accepting true USD-pegged coins (TUSD, USDC, GUSD) as an alternative payment. Bad altcoins will go away and we will start seeing more security tokens coming in. We will be entering the blockchain version of stock market.

Definitely the sentiments of many. But I would tend to decline from the idea that Bitcoin is dead. I think it is simply on a break. You know, like a stop over to cool down. I strongly believe that Bitcoin still has a lot to offer. This bear trend will surely pass and a gradual recovery will happen. Many, if not most of us know this but refuse to acknowledge it because of their losses. Remember, not one currency has anything to do with our losses or even failures. We make the choices. We make the decision. We are the players.

BTC is with us to peak in 2017 btc up to more than $ 20000 I think it will quickly get back and BTC will quickly recover to become the best digital currency in the technical market. At present, some reasons for the BTC to reduce shark related prices are price impact

Bitcoin is not dead... bitcoin just need a correction time i think. it is the correction time. and i hope in the future it will rise up again. and i believe that it will reach the new all time high again in the future

No, it's not dead!It is just that market is in downfall. It needs time to grow and pump. Some people are trying the bitcoin down by spreading FUD over the internet. Let fight for bitcoin!

Probably a bad time for a conclusive idea about Bitcoin. If you lost $10.000 with Crypto you believed it at some point, and because the loss you are angry now. Of course there is speculation, the guys on the top make much more profit than everyone else and there isn't many investments coming in for now, but these are not reasons to see BTC as a dead currency. Remember that Bitcoin rules the market, and not some "stable" AltCoins.

You have some point that maybe mostly of the million crypto users just realized that Bitcoin has no commodity as assurance for their investments that its just purely relying on some new investments that if there will become rich then the opposite faith will be shouldered by the others unlike Altcoins in which all tokens will be use as a utility for their products therefore the possibiity to supersede Bitcoin in the future is a fact.

Nahh, I must say no one can replace bitcoin and bitcoin is not dead. It is normal in every market, we always see some losses on our portfolio and its not unusual. Bitcoin is irreplaceable, if bitcoin replaced by other stable coins. I must say that cryptocurrency is not decentralized anymore.

The Op is not talking about blockchain technology in which bitcoin is built but the coin itself. Well i think op is addressing this based on hundred of ICO that use bitcoin as a means of investment but most important thing that the coin is created solely to be used as digital currency and nothing but that. however the anonymity that the coin give suppose to help in driving usage but to me it seems many people are using the coin for wrong reasons and this has bring nothing but sadness to crypto enthusiast

blockchain technology is still on raising therefore the price today is not permanent there are some adjustments with the price that is why we should cope with this kind of situation in the market or else we will lose our investments.

It is a lot hard for some people to actually wrap their minds around, considering that the market so far as it is, pretty much is giving a lot of fear in the minds of those who joined FOMO, but the thing is that rather than realizing their mistakes and knowing how to approach the market better, they are busy seeing a dead market and that is how they will keep missing good chances over and over again, and the only thing they will keep end up doing is to join FOMO at every point in time. This is just a downtrend, and for a market that is new, volatility should be expected, and it is nothing new. As time goes on, the market will recover, and over time, it will serve its usefulness.

Are you sure Bitcoin is dead? then what happens now in that growth? you can see and check it
I guess you have to use your original account not a newbie to spread the FUD

Well everyone's entitled to their own opinions and if he really thinks btc will be obsolete for the reasons he stated, then it's his loss. There are many like him who probably are all too negative about btc because they lost money. Losing 10k eu and blaming it on bitcoin lol.

Stable coins are never going to replace bitcoin at the top if you want to use fiat that much then just use fiat and stop to try to make it seem as if it is something new, in this market only a true cryptocurrency not backed by anything expect its technology will always be at the top, I do not know if bitcoin will have that spot forever but at least it is going to hold it for the next decades.

perhaps in my opinion the development of the crypto currency depends on the investor itself and the loss of the crypto currency can also be due to its own investors, and the loss of crypto may also be possible due to government restrictions

Bitcoin is not death and most of the speculators has not get it right and that is why we keep saying bitcoin is death.  I don't think we should be posting this type of post as it creates panic in the mind of newbies among us.  Cryptocurrencies market is going to recover in future and my hopes is on the ways it has recovered in the past.

I never thought bitcoin would die, try to calm down and don't always think the death of bitcoin is only due to price setbacks. Bitcoin is the main coin in crypto and is more likely to survive and can increase its price in the future.

I'm going to repeat the same thing I said in another thread, people will only lose if they sell with losses, but if they do not sell when prices go up, they'll make a profit. it is simple


for now there is not much demand, but in the future will have more demand


I do not answer that because I think anger is blinding you, there are many benefits that bitcoin brought


in the real world there are many scammers and people know this, so people should be very careful when investing money and should always do research before investing money


it depends on the knowledge and strategy of each person, we can not blame bitcoin


because you were not patient and sold with losses

The price of bitcoin is still around $3k-$4k level, still higher compare to the price in the previous year. I don’t see any sign of bitcoin being on that position. We migh be missing the peak price of bitcoin but you should not lose hope because this market will recover again. Yes, this kind of topic can create panic to everyone who still don’t believe with bitcoin.

Indeed, we need the true value of bitcoin outside the manipulators price and this is why we are in a correction now. I also believe that we will create new peak in the future so for me, its better to hold than to panic.

Simple explanation: Your comment is spoken like someone who had never heard of Bitcoin before 2017 and knows nothing about it beyond the 2017-2018 market, and since you said you lost money that confirms it.

Why are other blockchain scams related to bitcoin at all?

In fact, I'm fairly sure that most of the bitcoin community completely discourages people from investing in random blockchain projects which have no working product and are simply trying to make a buck from the expensive of investors.

People are still speculating within the market, sure. But that is because they believe in the future bitcoin will gain more acceptance as a form of payment, and thus have more demand. I don't think that is something as bad as you think it is.

Bitcoin isn't dead. A bear market isn't the end, it's simply something short term. There are no bullish movements right now because the market sentiment remains to be negative, which is the case in all bear markets.

No, it is dead and he can basically get out of the market for all we care. Probably, with the stock market falling, he should as well just start assuming the whole global market is dead as a result of a downtrend. The level at which people think sometimes though can be a little appalling. This is a correction or probably a little crash, call it whatever, but those who know it is a chance to get in lower, will know what to be doing, while some people who keep looking at a dead market when there is none, will have a taste of their own medicine in the long run. I wonder how people tend to give up hope as a result of a little downtrend.

TUSD is a one kind of standard crypto currency But bitcoin is a decentralized cryptocurrency so it will raise and fall at anytime. In current trend USDT is a most familiar cryptocurrency so majority of the crypto investors are concentrate in USDT. I think you confused in this statement because they ask Why is BTC dead so it is hypothetical question.

This explanation tells nothing about Bitcoin. On every investment some buy low and sell high while others get burned if they don't understand the market.


Then tell me, why people get US Dollar? Since it's not "producing" anything? Still FED prints money and people have no issues accepting them.


You mixed up Bitcoin, Blockchain, investments, scams, various good and bad projects together.
This doesn't tell Bitcoin is bad or dying, this just shows how little is your understanding about this. If this interests you, you better read way more (although if you are this frustrated, you probably won't).
Sorry for your 10k, next time think before FOMO.

I do not think so. Just look at the daily trading volume and capitalization.

I disagree with your argument that few gained fortune here. There are a lot of early bagholders and even those who invested early in 2017 have gained fortune as well. Those who have lost didn't know the risk and now blame the system. Lol. Before you invest on anything know the risk first.

Blockchain coins? you mean ICO? they're totally separate entity to Bitcoin as far as I know. Lmao Bitcoin will be replaced by what? TUSD? You gonna be kidding me.

BTC in particular and crypto in general is here to stay, and with the massive improvements in the crypto ecosystem with institutional players like Nasdaq, NYSE, banks, major companies and even sovereign governments stepping in, this is an emerging asset class with obvious upside in the long term. Add regulatory clarity and we will eventually have lift off.

Bitcoin will remain and become the main crypto, indeed many think bitcoin will weaken and be replaced with other coins, but in fact bitcoin is still the main one.

I still believe that bitcoin will not die in the near term, Bitcoin will still be the main coin in crypto and will not be replaced by TUSD.

You are not seeing the whole picture, it is true that bitcoin does not produce a product but it gives a service, the service of sending your money wherever you want and to hold your money in a coin independent from government control, so stablecoins are not going to replace bitcoin, if you really like them that much then just use fiat, those coins are not even cryptocurrencies at all even if people buy them and think of them as part of the market.

Not dead. Because last 12 months ago we experienced the value of the bitcoin decreased only. But don't worry now because the value of the bitcoin increase a little bit and it is good sign for the bull run to come. Bitcoin will not dead because we are here to support, trust,  believe and to love it.

Obviously its not going to die and believed me a lot of people are really praying for the demise of Bitcoin but as you can see they all failed because bitcoin remains very resilient from those naysayers and has proven time and again that it can go and recovered. Just like we witnessed in the last couple of days, bitcoin breaking $3800 and $4000 price. It could be a long way before reaching another all-time-high though, so we need a lot of patience and mental toughness.

Bitcoin fell from $20k to $6k over 9 months, then sat at $6ks for 3 months then the price was cut in half virtually overnight. a few days later it rose to $4k, and you call that resilient? I call it a dead cat bounce.

This is a positive improvement process. We have got good results because the price of Bitcoin has reached a much better pase.
The market had bled at some time ago and now we are trying to start a situation for something better.
I am optimistic that the price can reach more than 6,000USD. Hopefully that can happen in Q1 2019.

Maybe $4k range for a bit before the next move, which I bet is down again. There's just no reason for the next bull run to start. So far, bitcoin runs either down or sideways about 100x times longer than it runs upwards. But when it runs upward, it runs HARD.

I don't imagine btc is dead, but it will continue to grow to provide evidence that bitcoin is indeed worthy of being a tool for transactions and investments. There is still value and a strong community to make it more developed.

It's dead for those people that can't seem to make money out of it lol. For shorters who have been losing money. Of course they'll think about it that way. And bitcoin has died several times already. It's just too resilient to stay dead 🤣

When BTC was at 8000 during a red week everyone was saying it's over, yet this last week there is a little green and the sentiment is all positive, but we're only around 4,000! I think regardless of the market we should be supportive of the tech and always show a positive outlook to outsiders.. saying like "yeah, bear markets are normal things, but there are so many crypto projects that can seriously change the future and some of the best minds are hard at work, regardless of the current state of the market." If people on the outside see how panic stricken crypto investors get, they will definitely stay out.

Bitcoin will remain the main and certainly the strongest and will remain the strongest, bitcoin will not be defeated by alternative coins.

No bitcoin is not dead yet.It has the largest number of users in the market and it is still the most valuable and expensive cryptocurrency in the market.Bitcoin is the best investment option in today's date as the prices are down and when the price will rise the users will get good amounts of profit returns.Bitcoin is a money making machine and one should definitely take advantage of it.It has the potential to make new records as it did in 2017.

I think that investors might get into the game looking for profit that goes beyond 100% and even more. It might happen again so I am not sure that bitcoin is dead yet. But I do agree with you that in the future, government stable coins with dollar approximate value will be used. For me that's only logical to happen.

bitcoin will never die, when the price of bitcoin drops very dramatically does not mean that bitcoin is dead, but this is the right time to buy. I am still very confident that bitcoin is an excellent investment tool.

Bitcoin is dead, assuming those who have lost and have no results. Bitcoin will rise from adversity that happens, and still needs a lot of corrections so people don't underestimate it.

The number of Bitcoin users at this time proves that Bitcoin still has a very good level of trust from the public. So when someone says Bitcoin will die then that is impossible. As long as Bitcoin is still used, the Bitcoin will still exist and have a price in the market.

It seems like a temporary attack is taking place this year, hopefully the world will indeed say that bitcoin deserves to last forever which has an important role, there is no harm in us indeed believing in bitcoin which indeed has the potential to encompass the future in various things related to economic life.

If being well adopted and maintained in a correct manner, Bitcoin is a big help for such economy as the transactions can fasten any deals around, from boarders to another it will help lifting things to be more faster, the situation right now will be a test for both Bitcoin supporters and developers to keep improving so it can be more usable in the long run and attract new investors.

This is funny, when someone says BTTC is dead
the fact that bitcoin up to now has a very expensive price compared to fiat currency. look at the market, be careful and try to learn the history of crypto trading. this is not the first time in any setback. and it's time for the bull to come

People are unfortunately too attached to pessimistic approach than the optimistic one even here. Yes the price has fallen a lot in the past year however we are forgetting the fact that it had to increase insanely in order to fall, when you say bitcoin was once 20 thousand dollars and right now under 4 thousand dollars you are forgetting one important fact which is bitcoin rose to 20 thousand dollars to begin with.

I mean the price was probably couple cents at first, but if we move forward when the 2017 started price was incredibly low and hit 20 thousand dollars by the end as well. Which tells me yes there is a chance bitcoin could fall all the time, there is always that possibility but there is also a chance bitcoin could go x20 anytime and there is nothing that could stop it. We just tossing a coin and hoping it would come bull instead of bear.

Bitcoin will not lose its position as the main crypto coin, bitcoin will be more likely to survive and therefore I prefer bitcoin.

Exactly, people always claims bitcoin is dead when price slumps. I believe it will survive though it takes time price to bounce back to it’s value. Bitcoin will still be on top amongst other crypto.

I agree. Bitcoin provides evidence to grow again and gonna worth higher. Price falls won't indicate that it is dead, it is an opportunity that we can invest in lower price and gain profit when it increase again. Bitcoin is being used as payment method where we can transact more faster and less hassle.

I think this is just the beginning and bitcoin is not mere speculations but and investment in something that is as real as money.  Remember that bitcoin has makes great breakthrough in the area of fund transfer,  assist in creating jobs and many of us here has become very wealthy.  However,  loses is part of investment and trading!  Some of us that have traded forex before can authoritatively tell you that 95% of the investors lose money in trading and only 5% make profits from the market!  Bitcoin is not different and that is why it is good you know how it works before investing.

bitcoin is not going to dead just because of the scam coins, many people still use bitcoin for their transferring money or as a payment method, I believe bitcoin will recover and will set a new record reaching the highest price.