Bitcoin Forum

As other investment scam being introduced from all other parts of the world bitcoin could be consider one of them. It has been slowly dying now because people do not believe on it already. Why? Bitcoin has no use and only few of the establishment uses bitcoin as a form of payment system and as an asset for the users. 

If you don't believe in Bitcoin, don't publish fake news. This a just correction. After that Bitcoin will recover it's own price again. Just wait and see what happens after few days.

You are wrong. The number of businesses accepting Bitcoin is actually increasing.
I will give you 2 examples from this year:
1. 130 Coffee Shops in Europe Started to Accept and Sell Crypto (https://cointelegraph.com/news/130-coffee-shops-in-europe-started-to-accept-and-sell-crypto)
2. Pay Taxes With Bitcoin? Ohio Says Sure (https://www.wsj.com/articles/pay-taxes-with-bitcoin-ohio-says-sure-1543161720)

Yes, the market looks bad right now. But Bitcoin is far from dying.

If you are saying this just due to the price decline of bitcoin, they you should probably be saying the same thing for 99.99% other cryptos as well. The entire market is going down including bitcoin. It is not the exceptional case where only bitcoin is going down, so correct your statement as "Cryptos started to die" as that makes more sense to others!

Accepting bitcoin as a payment method is a different ball game all together! It is not because of the pricing of bitcoin but because of the unclear legal framework. In majority of the countries no clear legal framework has been given and that's the reason why businesses are not showing interest to accept bitcoin as a payment method. You visit Singapore and Japan and you can literally spend for all kind of expenses using bitcoin there because the governments are supportive to bitcoin.

It is not the fault of the coin, instead it is just the fault of the government and the policy makers who failed to understand the potential! The current phase of bitcoin is an opportunity phase. Those who will understand they will silently buy instead of screaming out of fear, those who fails to understand, will exit! At the end of the day, there is one winner only because opportunities are not for everyone to devour!

People use bitcoin as a form of payment and it is a fact and they also see the prospect of buying it. In the market, the correction and fall is normal this does not mean that bitcoin will not start to grow and people who do not believe in it and begin to sell will be very strong to regret it. I think so !

Maybe try and watch some long-term charts instead of focussing just on the 2018 ones?
All I'm seeing is steady growth. Sure, use of Bitcoin as a payment processor can be greatly improved upon, but we're on the right track for that.

Disruptive new technologies like Bitcoin take years, even decades to fully mature. It's still way too soon to say whether it has failed or not.

Edit:

Just a few months ago you were saying this:

It's booming on some parts of the world in terms of usability, and no, price alone isn't enough of an indicator to say that bitcoin is dying as infrastructures and businesses using at are still on the rise. One of the main reason as to why bitcoin lost its footing above $10k is the exhaustion of the money that came in from VC funding, futures market and the Gox trustee using the exchanges in selling a ton of its coins for the compensation of its funders that lost their money on the 'hack'. Most of the faint-hearted weak hands have already left the market, but the pioneers are still on the game, with institutional investors stepping in boldly.

YEAH, bitcoin has no one using it or believing in it. It's so right that your opinions are representative of the whole population. Whatever would we do without your great wisdom to guide over us?

Seriously. How many of you guys come here just to spread negativity wasting our time and your own.

Your thinking is wrong I believe never Die Bitcoin,
Bitcoin cryptocurrency king he never die,
now market dump soon come back bitcoin raise again just wait and see

simply the fact that so many newbies are calling bitcoin dead these days it means that bitcoin is stronger than ever because it has attracted all kinds of people not just those who invested in early days who silently keep buying bitcoin but also a lot of newbie kids who think spreading nonsense about bitcoin can help them buy more of it. looking at this board these days you can see at least a dozen of them hard at work every day. ;)

I am also starting to think like that since Bitcoin is steadily flowing down without stop and may not come back again.

Bitcoin has not yet begun to die because many investors are still looking at the value of bitcoin prices today and investors believe that once the bitcoin price is back then the money they earn will be enough.

It is not dying as it is established already as a payment method in many places.   

I think this decline is not a sign of bitcoin's death, bitcoin only lowers the price and it won't easily die because too many people believe it and even want to have it.

Honestly, even I am not professional with this crypto or bitcoin normal motion, I am optimistic that the person behind will not allow bitcoin to die. This means that the decline could be part of strategy to let bitcoin talk everywhere in this planet. The decline is not the indicator to die rather the indication that possible increase could happen.

Just because the price doesn't go up it doesn't mean that people have given up on bitcoin. It's true that there's no hype or interest from the general public but it's mainly related to how slow this year has been, one the bear market is over and we see a clear reversal from bearish to bullish, you can be sure that bitcoin will attract a lot more people.

Merchants are adopting Bitcoin as payment everyday, just because you don't see it, doesn't mean that it's not happening. And we're actually making some progresss regarding bitcoin as a payment option, for example, merchants using Coingate are now able to receive payments via lightning network ^[1], this is a major step forward as there's no doubt that more and more merchants will be interested in accepting btc as a payment method in the future.

1. https://www.forbes.com/sites/billybambrough/2018/09/05/bitcoin-adoption-is-getting-a-massive-lightning-network-boost/#4a45a1c420c7

Bitcoin's concept is very different from an ordinary scam scheme. It was designed to be a decentralized global currency, it has a usage, it makes transactions worldwide simpler, less bureaucratic and accessible for everyone who have just internet connection.

On the other hand, scam schemes consist in a person taking everyone's money and sharing it with the first investors, while the last ones lose money... A very simple and mediocre concept to be compared to Bitcoin.

Stop talking about bitcoin will die or started to die because it wont come true. I do not know why some people talking about bitcoin dying even though it is not true. Bitcoin is the top 1 cryptocurrency so do you think it is easily to die?

Yeah,everything in this world is a scam.You think that Bitcoin is a scam,but it can't be compared with the biggest scam ever called democracy. ;D
You are posting such posts only to boost your post count,I guess.There's no value,no information and no theory.

if its is dying, bitcointalk will not make a section specially for bitcoin anymore. it will move to archive. no one talk about bitcoin anymore. the activity here proves that bitcoin is not die yet.

Let me guess: OP bought Bitcoins at 15000 to get rich quick and has panic sold at 4000. Now he is disappointed.

This is reckless topic, no one can say that the bitcoin is started to die.. I mean who are you to make this important statement, and how do you know it?? I think this kind of topics only make people sad and brake our hopes. The world has welcomed to the bitcoin and the crypto age has started but you are saying bitcoin is dying.. Put yourself together and please write something with sense..

What is your basis? I think you dont know what bitcoin is..

If you will search about bitcoin and its use you will know that all of the things that youve said here is WRONG.

Everything is normally with me,So I don't see anything reason.i have believe in my mind Bitcoin will be never die.

Why we are crazy Bitcoin price $4000/something? So we need kindly change our mind ,and don't accept fake news articles about bitcoin.then I hope Bitcoin price will going up countinue.

Of course fraudsters will automatically go extinct, because they see that prices are declining, and they assume that prices will not rise again, they think that the fraud they run will not work anymore, there are still many investment platforms that survive. , because they consider that their platform is liked by people who feel confident about the platform they are using.

Dying? are you even sure on what you are saying? It is true that the cryptocurrency market is in a bad condition but it is not the reason for the bitcoin to die. Actually, the bitcoin is becoming more popular and its community is growing more. 

yes, indeed, the bitcoin isn't dead yet. the problem is now that it's getting longer and more and more interested in bitcoin, and that also makes bitcoin survive. because there are still many who believe in bitcoin, the longer the bitcoin will increase. even though the market is currently experiencing difficulties.

dying? the price is $ 3800, how is this is dying?


people do not believe it So how do you explain this:

Poloniex Joins Fight for Institutional Investor Market With Dedicated Accounts (https://cointelegraph.com/news/poloniex-joins-fight-for-institutional-investor-market-with-dedicated-accounts)

P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia (https://news.bitcoin.com/p2p-markets-report-dumping-drives-record-volume-spikes-across-latin-america-and-asia/)






dude, you can see that bitcoin is walking towards a bigger adoption, you wanted what? that all countries of the world would immediately accept bitcoin as a means of payment in their countries, and that the bitcoin price would only increase and never drop? this is what you want?

Regarding the words that Bitcoin has died, I suggest not to mention it again. This will not happen, and for Bitcoin, not only will it not die, it will be getting better and better, but now it is not yet time, because of the bitcoin is now just a newborn baby, it is not ready to enter the society. When everything is ready, you will see its true strength.

Why after the fall of the market this year, many are beginning to shout that cryptocurrencies are dying. 90% of forum visitors came here to participate in the bounty. Nobody wants to understand the reasons for the market decline. Meanwhile, the situation is simply repeated. Look at the statistics for the past years and you will see that this is not the first time. By capitalization bitcoin exceeds the annual budget of many countries. And you're talking about his death.

Why are you becoming pesimistic? When Bitcoin price rises people become fans. On the other hand when price falls, people get panic. Yes, it may be normal. But for a crypto investor, they shouldn't panic & be sure about the situation. Coin market it down right now but it'll recover very soon.

What you think so you think bitcoin will slowly die, because prices are declining. For people who are panicking, they will doubt Bitcoin and lose their trust in bitcoin, and I think it's natural because basically they think bitcoin is an investment that can provide overnight profits.

If Bitcoin is not seen as a payment method or seen as a scam currency it would have died before now, if you trace back to 2011 Bitcoin was $1 if am not mistaking and the rapid growth of bitcoin should indicate to you that it is not a dying currency

I still want to believe btc is just taking rest. Price decline does not mean its going to die. Btc will recover not die because there are still many people that support it.

OP is dying because he didn't get a piece of the pie ;)

Lol probably no, he bought the piece of the pie at enormous price.  Now that Bitcoin price dived, he panic and thought that it is the end for Bitcoin without researching its current market coverage.  Well if OP wanted to at least break even, he should spread his buy now that the price is low, better if he can buy more if Bitcoin goes down to less than $3k.  That will at least lower his average lost if Bitcoin recovers.

I am seeing many posts and news like this at these days. I am very happy to see them. This means we are near at the bottom levels and the trend is close to reverse. Good time to accumulate.