Bitcoin Forum

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

I don't think bitcoin is coming to end, I even think very soon bitcoin will  serve as such of exchanging good and services all over the world ,I don't think bitcoin will end

That is also not reasonably possible, at least in a stage as BTC is now. Think about energy/computing power cost for paying a single pack of shewing cum.

Mining cost of Gold is $500 to $600/ounce.

I saw on TV, a wildlife photographer found 5 ounces gold nugget in a river. Gold is more easy to get sometimes.

I know, this is well-known misleading argument. Actually mining BTC is MUCH MORE ineffective.

https://digiconomist.net/bitcoin-mining-more-polluting-than-gold-mining

AND ADDITIONALLY: reward for mining gold is not dropping in exponential rate.

Bitocoin is just starting the reason it was created to solve. Miners will continue to get reward for running the bitcoin network to ensure confirmations. I believe we are just beginning a new dawn of a greater tomorrow. I believe that in the future, more efficient way of mining bitcoin will come up. some are already been worked on to reduce the power consumption and use a green energy too.

The harder it will be to mine Bitcoin , the bigger value will it gain. It's a natural cause of events. I'm very sure that it's not the end of Bitcoin as it is a way to financial freedom for many.

I do not think that Bitcoin ends so soon and less now that people who are not so up-to-date start to get to know it a bit more. Although if this year does not rise in December, I do not know if it would be the end or not, but it would be bad news and many people would back out.

Please read links, I provided in first post. What You just said is just not true. Mining difficulty is growing in exponential rate, BTC values not.

I agree, its possible. But in big plan it goes for all cryptocurrencies. You can just prolong a bit the time, You scam people.

Too much FUD.  Bitcoin can't die, it has too many users and too much money is already invested in mining operations. THe supply doesn't matter because bitcoin can be broken down into smaller units.

Why people expect BTC to rise this year? Believe me: if there was a real strong reason to expect, that BTC will skyrocket this year, there would be much more transactions and active new addresses. Despite of if BTC is legit or scam.

I read it also on some article or blog that bitcoin will really nearly to fully mine or the budget for mining is really going to consume. i dont know what will be the effect of it but i hope it will not going to be a reason for some problem.

If BTC mining is important for Blockchain technology, it will be a huge problem. If BTC mining is not so important, then it is a scheme.

Your conclusion is wrong. If professional miners give up, you could mine at home because difficult Target will be adjusted back to an easier target

You should read the bitcoin whitepaper, Satoshi talks about this subject when halving is done and there is no more incentive to mine , just transaction fees. Just google for it.

I prefer term "rational brain" to "FUD", but Im ok with Your version too. If supply doesnt matter, then it means, BTC is overkilled in ridiculous extent.

BTC can certainly die. Lost money is not important, just as soon as "greater fool pool" runs empty, BTC dies. You wont be able to earn Your money back by any other means, than people buying Your coins at higher rate, than You had them.

I do not believe in that. Because bitcoin has gone down today. It's not the end of bitcoin just because it's down. This is a recurring rebound today. Bitcoin is not a temporary coin. This is a value of a highly reputable coin. This coin is responsible. Everybody approved it. And a recognized coin in the world. Even if its value is downgraded, value here will be appreciated in the future. You'll see optimism about bitcoin. This is not the end of bitcoin.

I don't think most of the mining pool will let all the bitcoin get mined away so that's why the difficulty of mining bitcoin had increased time to time.

I agree that difficult for the crypto mining and specifically the bitcoin is rising very fast but that doesnt mean they will stop the mining.

To whom this will affect and who will benefit ?
>> Only individuals who are mining the crypto currencies at lower hash rates will get affected due to this rise in difficulty.
>> Big mining firms, with huge number of hash rate (in PH and more) will sustain the market forever, they will lead the global mining!
>> Thus, mining keeps on going and thus bitcoin will live long life as well.  ;)

I know, what Satoshi talks, Im pretty good in math and crypto in general. Problem is here: if mining in even nearly such amounts is not actually needed, why is it done now?
I know very well, that actual computing need for "verifying transactions" is 0,0001 of what is wasted now.

Satoshi on the other hand is just a nickname of head scammer, You dont even know, who he is.

I think Bitcoin will end soon if the price it returns like 2009 ago, then people won't want to buy or invest in Bitcoin anymore. are you sure if Bitcoin will end soon or you just scare people, many people believe that the future of Bitcoin will be bright.

Then again, BTC wont meet product main criteria: being decentralized and therefore wont be needed. Very simple.

No, whats the point of wasting time and telling something, i dont believe. Today I can say with almost full certainty: BTC will not grow into viable product and many people will be left with huge loss of money.

I wont tell yet, if BTC was designed to be scam, but it certainly turns out to be one.

Bitcoin is currently the leading penny in the market. Although the price is low it still stands at the top of the money, I never thought the bitcoin would end. Bitcoin prices will rise again in the near future, I am sure so. Now I just keep waiting for bitcoin to recover in the market. I have faith in bitcoin.

I think, bitcoin will not end but will soon recover and will continue to grow, we should continue to think positively and believe in bitcoin and not say or make negative news about bitcoin

In every drops, people say that it is the end of bitcoin which the view change when the price increase again. Bad news spread by those people who keep losing because of cutting there losses and cannot wait any longer to gain profit. Many are backing out there investment because cannot face the high risk it could take for longer unstable of price.

That is just being blind. I believe, I reason my arguments pretty well and dont just say: Bitcoin is scam, keep away. If You are to ignore reasoned arguments, its Your freedom of choice.

There is no endung,  although bitcoin is now in a crisis.  Haha.  It has a low price,  low value.  That its not good for us.  But it is not the end,  always think bitcoin is not consistent,  maybe tommorow is the good or bad news for bitcoin.  We must need to wait for the right time.

I don't see BTC near it's end and never will it end because very soon it will be accepted as a currency to pay when you buy goods on any online store and if this is done never will it end

Bitcoin price is actually growing exponentialy. And the price now is low mostly because of manipulations. Whales needs to get BTC cheap before next pump.

https://ethereumworldnews.com/bitcoin-could-be-worth-20k-200k-or-even-2-million-predicts-expert/

Bitcoin has been here for several years now so I don't think it is coming to an end considering that it was on hype few months ago. The rates might be depressing to look at in the past few months but BTC's haven't gone down to $5k rate as far as I know so those who were able to have BTC last year are still in profit this year. The rates these days might be sad news but I'm praying that it will surpass atleast the $10k mark this holiday season.

That is actually a pro to most of my posts here. BTC is a pump and dump scheme. You are right, it is. But in this current topic I wrote about mining specifically.

Most of early years of BTC scheme was not active, it was mostly for generating coin pool for whales and distributing early coins.

I understand that Bitcoin have its own end but no one knows when maybe it could be longer than 20 or 40 years. The price of Bitcoin dictates the profitability of Bitcoin mining and so far it's been that way for a very long time. If the price continues to grow we should be fine and as time goes by more efficient miners will be made to keep Bitcoin mining profitable. There's a lot of things that could change in 20 - 40 years.


We're still far away from mining all 21m and at that point there could be a better crypto that already killed Bitcoin or the majority continues to use Bitcoin .

How do you know if mining will be pointless, if btc has a good price it's not pointless at all. Unfortunately you can't look in the future and predict btc prices.

in my opinion, when mining stops, there will be a very large price explosion of up to 1000% or even up to 10000%,
like XRB, when the mining process is not finished, the price of XRB is only around 0.08 USD, but when the mining process is stopped, and the developer updates, the price of 1 XRB = 40 USD,

in my opinion it's not the end of bitcoin but the end of mining bitcoin, if bitcoin can't be filtered then the price will definitely be more expensive than now

it's clear that you are facing some hard times trusting BTC. well, may be BTC is not your thing - switch to something you know better :)

I agree with you that the difficulty of bitcoin mining in the future will become more difficult.

but if you look at the growth of bitcoin from 2009, when the value of bitcoin is still very low, until today bitcoin reaches $ 7,000, even at the end of 2017 it reached 20K, it gives an indication to us that the world of mining never stops.

the scarcity of bitcoin with a high demand volume, can provide greater profits, so, I think miners have a huge ambition to benefit from the scarcity of bitcoin.

FUD.
Remember that the whole concept of bitcoin is not yet fully comprehended. To conclude that it will die is not out of place, but it is a personal opinion I guess. As the days go bye, more and more research is being carried out on bitcoin. Soon I believe, a solution will be found to the reasons for such fears.

The best option to get bitcoins now is to buy at a low price. Then you can do what you want, sell, leave for the future. Many people do this, it means that the end of bitcoin is not yet to be foreseen.

Bitcoin is the first decentralized currency of all cryto, but this coin will never end or being crashed. Bitcoin facing a crisis right now, price are having pump and dump situation. These time we are testing our trust and faith on bitcoin, need more patience and waiting for the right time to recover.

If ever bitcoin would end then there are still so many cryptocurrencies out there that can be an alternative to it so for now, we should take this opportunity from it since bitcoin is still the most in demand cryptocurrency out there. If ever its light will not shine anymore then we should then accumulate the coin that would replace bitcoin then. There are so many options but for now, let's accumulate bitcoin because it is the king of crypto currently.


Every time there is bad news, we should read it carefully because there are times when they would just omit some information for the news to become even though it is suppose to be a good news that's why we should do our due diligence.

On my opinion about mining is becomes pointless . I think it is because many people are mining Bitcoin. And i see that it is affect the earnings in mining job.
Only few Bitcoin will be mined per person or per mining rig.


And Bitcoin will not End . Many Fakenews that always affecting tge cryptos.
Just be patient. We dont know what will be the next move in the market

if that is indeed going to happen, then we should say goodbye to BTC, and if BTC returns at a shocking price then what will we do? Do you still want to declare that BTC will end..? ???

I do not think this op understand the BTC's worth and so on correctly. I believe may be he die before ends from this world and this time worth of bitcoin will be 10 times higher in some years. Whoever missed these days out of the bitcoin can be have as investment soon.

With in some months I expect bitcoin price will be touch the 19k USD end of this year. Please set and hold on for bullish run from the bitcoin side.

I don't think BTC is coming to end because now is starting to bitcoin with a high demand volume.i believe very soon it will be accepted as a currency.maybe tommorow is the  bad news for bitcoin. but it is not the end I should we must necessity to pause for the correct time.

unfortunately, some people have hoped too high, as if that hope was pegged at that point, and until now we know that the longer the price has dropped further and the bad news about crypto is also increasing, it is not very supportive for crypto to be smooth this year

Can it really happen that bitcoin will end? it seems like I didn't see that because until now there have been many altcoins that have all been based on bitcoin. so that I doubt that will happen other than going to present a good altcoin so that it can replace it.

May be what is you said is true but it's not necessary for it to happen. Things can go the other way too.
There would surely be people who will still be willing to mine BTC despite the high mining difficulty.
The profit might be less but still it won't effect much to the bigger players out there with huge mining rigs.
What if the algorithm is changed from proof of work to something better ? I highly doubt this though.
But the point is that there numerous possibilities out there and hence making such vague predictions would make you look like spreading FUD.

I don't think that Bitcoin has ended so fast because I see a large Bitcoin community around the world and I am also sure that this technology can help people to make transactions faster and safer. Even if this year doesn't increase in December, I will still refuse to say that Bitcoin is almost over, because I believe Bitcoin will rise again at the end of the year.

Very good You mention some other coin will be killing BTC. Now moneywise, what would that mean for all "investors"? Losing their money, right? Now, just for second assume, that BTC was never meant to become a ready product. If it was designed to be money collector. What would it make BTC then?

Math. Ready my original post. Mining becoming pointless is inevitable.

Even bitcoin has only a limited supply it doesn't mean that  it is near to end because i believed bitcoin is the strongest digital coin in crypto market. There are so many humps but it continue to rise up and pump. Bitcoin never end as long as there are demand and supply in the market.

I think bitcoin is never near to end. Yeah its true that bitcoin price is low but it not means to bitcoin end. Bitcoin is a most popular coin in the world. Most of people are involved with bitcoin. I hope that bitcoin will be grow up again and it very soon.

no its not true.bitcoin has bright future day by day BTC price is increasing.in the next up coming year bitcoins price will get higher price.

I totally disagree, bitcoin is the famous coin so far and I don't see chances of being overthrow by altcoin cos bintcoin is waxing strong

Not again! Why do people that says bitcoin is going to die are only coming out now? I guess we’ll just gonna have to get used to it. Can’t wait for bitcoin to become mainstream.  :)

Indeed, mining conditions are very difficult at the moment, but I just think about how the fate of Bitcoin will be when supply reaches its limit, whether Bitcoin still has a price or maybe the price will continue to soar due to difficulties getting blocked because after the miner's supply only gets a fee per transaction that I know and maybe in 2020 all conditions in Crypto will change.

As far that I observe in today's generation, we noticed last month, days and hours they encountering decreasing the value of digital money but we aware today that the price is gradually increasing or rising of value of bitcoin and suddenly they come back again just like the happening in last year.
In the facts demonstrate that bitcoin cost is low yet it not intends to bitcoin end. Bitcoin is a most famous coin in our world, and our generation is full of technology. So that a large portion of individuals are included with bitcoin. I trust that bitcoin will be grow up again and it soon.

If the Bitcoin price approaches its price when it first appears I will say "yes" BTC is near to end. but Bitcoin is still of high value and has a large community throughout the world, this is good technology and will be of great use in the future especially in the banking world, it makes no sense to say "BTC is near to end".

This is a part of FUD. Bitcoin is not coming to end. you repeat Buffet's statement and support him a person who is spreading FUDs against BTC. Bitcoin mining is getting harder. but don't worry blockchain can provide answer for it. more crypto project will emerge to continue the mining more efficiently. Look at this project what is related to crypto mining stations. use green energy for mining. Scavo is a company that aims to construct and manage the large scale of self-sustaining crypto mining places employing renewable energy like water, solar, and wind. https://steemit.com/mining/@shirano/scavo-great-crypto-mining-project

I agree with your opinion and I have thoughts like you that bitcoin will never end. Bitcoin will forever function to empower many people to believe in bitcoin because bitcoin is very beneficial and profitable therefore everyone is able to reflect on the future of bitcoin so more people Believing in bitcoin, I am sure that the future and bitcoin will not end.

Not again, I write BTC sceptical posts here all time. I dont give a f... today´s fall, its temporary. My guess is, this fall will be around 5k, maybe bit lower and will be followed with increase to 6700-7000 (lower than previous peak). And so on.

What do you mean by that, I dont think these things will happen. Who says that mining will come to an end by 2020 anyway? Mining operation for the bitcoin will come to an end after many decades because there are still huge amount of bitcoins are left to be mined. Also, when this will come to an end then also mining would be the core function and there will be surely another way of rewarding the miners otherwise no one will start mining the crypto currencies. Also, I dont think that after its mining completed fully the bitcoin will come to an end, that is just coming out of thin air guys.

Btc will continue for an another decade. Bitcoin will still be number one in the whole market. Bitcoin will continue to grow. Bitcoin will help more people in the future. Bitcoin will engage physically to us. Bitcoin might end but not now where people really need it.

Bitcoin had died and resurrected severally. This news of it nearing death is taken. It will still resurrect when it dies, if it will ever die.  ;D ;D ;D

Once again a untruth news. Bitcoin is the number one currency in crypto market. And hopefully till the end it will always be the best currency. So I don't find any reason that will prove that bitcoin is near to end. Investors get pixilated because of such fake news.

Buy BTC at low price and hold

Agreed with all your points but that doesn't prove that btc will end.Now the market is in low,which means the mining fees are also in low resulting in decrease but the tide will turn definitely and this will also change.So coming to a conclusion this soon is unethical.

I am in the bitcoin user it will never end and if the value changes it does not mean that bitcoin is at the end but some issues come in the crypto market which change the demand and supply so the price change with that and it's value is not controlled by any central department so the stability is not seen in this market.

Its OK, I expected the majority not to agree. People are very weak in understanding, what exponential means. Exponential lessening means lessening in ridiculously high pace.

Side question: if You could fold single piece of paper 40 times to half and stood on top it it, how high would you be from the ground?

The problem is compounded with a fall in the price of bitcoins, It is making mining for bitcoin to be a negative ROI. unless the price of btc doubles or triple, thing will remain gloomy for mining

It seem actually much more profitable to do that than to invest so much in mining hardware to produce bitcoin at roughly 6000 $ when there is just a small difference with the currentmarket price

I don't think so. Day by day it's demand is increasing. See Bitcoin talk forum as an example of that. The users of this forum are increasing day by day. If this goes on then one day flat money might be replaced by crypto currency. People want to be digitalized. In case of money crypto currency are surely digital version of flat money.

 Vanishing profit for miners doesn't worry me too much. Some have to stop mining and Mining difficulty will drop.

My worries is that if government  succeeds in ruining an important feature of Bitcoin (deflationary feature) it could have an effect on the entire Bitcoin network and economy. People don't realize what big of an impact it will have until it's too late. Something needs to be done to stop things from getting worse.

Now, when everyone says it's over, bitcoin is dead. It's just a hoax, because now is the time you invest and it's not too late
If you want to invest in cryptocurrency at this time if it's too late it doesn't feel, because according to one of the hedge fund managers, now is the best time to invest in bitcoin cryptocurrency.
There, though many say there is uncertainty about the regulatory environment of digital currencies such as in South Korea and China, Kelly points out that the cryptocurrency is in the "hand-off" period, which means moving from Asian retail investors to overseas institutional investors such as the US, Europe and Japan.

I appreciate your views and the fact that you are free to make your own deductions, but from my own point of view, your points are not valid. You talked about the 21 million volume of bitcoin being a problem, you forgot the fact that not all the tokens will end up in the hands of Hodlers, some will still be available for trading and will continue to move from trader to another, this will ensure continuous supply, or don't you think so?

The end of what are you talking about?  The only end I know is the of of its dip the end of red market the end to plenty prediction and analyze. It's about time we check out the moon

Bitcoins is never near, it is hypothesis that suggest that bitcoins after mining all the remainder coins will be out of existent or either become limited and hence the price will rise astronomically but that don't seems to be true since the developers can amend things to run as it is now.

For me bitcoin is very hard to end because of people using bitcoin and invest it because we can see people using to invest a bitcoin will become a successful of life because of the rising price.

I think bitcoin will stay alive and when the last block is mined it is going to be worth a lot more thean it already is. That will happen very soon and we should keep what we got now and be patient.

When the price of btc has drops further mostly users claims the end is near. It will not end rather we can positively say the price of btc will soon climb. Agree, the time to invest and the time to think btc will recover.

One of the negative thinker and believing to the negative news. I dont think that end is coming because bitcoin was now starting to known by others and starting of growing the population who are investing so bitcoin will never end but to start the new technology and new digital money for the future cashless society and bitcoin was the most popular coin so that is why it never ends.

People may say that bitcoin will die because of its big drop this year. Some of them loses hope and starting not to use or invest in it. But the game is, this is our chance to buy bitcoin in a low price. Because when it recovers again, it will be much more higher than before.

Yea makes perfect sense the cost to mine increases so the price will drop and it will become useless?? Are you serious the more it costs to mine 1btc the higher the value will be obviously. WHat's with all these people spreading gloom and doom got nothing better to do or you just trying to get in cheap? What is your intention OP?

Seriusly bro, i think you say is bulshit, you say : mining is getting more and more pointless and that is happening in furious pace!. Because we pay electricity and fee so much. Are you dont know about bitcoin price increase every years???

With only 21M total supplay and in the future bitcoin increasingly famous, bitcoin will be rare coin, That's mean expensive

There it goes. The answer to your question.

Think 1 step forward and not 1 step backwards.
Look when all is said and done. Transactions will be way too high in numbers but not in amount paid for fees.

There will be a lot of transactions going on and that means more payment coming in, also in a fast pace.
With that there is still profit in it.
If you do not believe bitcoin will be much used in the future then you will not really see it.

BTC most older mining farms have made significant profits and hopefully can sustain a period of reduced profitability.
It is expected that the new incumbents and potential new institutional entrants will push the price of BTC higher.
Even though there are no absolutes, if a miner has enough to carry the cost of running the operation,
it seems the bias would be toward maintaining a view that BTC is going to reach new record highs.

Incorrect. This is a hoax. Bitcoin is still functioning normally. Bitcoin prices remain high. The number of bitcoins traded in the market is enormous. There is no sign that the bitcoin is dying.

I think this is a scam of the bad guys. I do not see any sign that the bitcoin is about to end. The bitcoin market is taking place. I'm buying a lot of bitcoin.

Actually I do not think so. If You think carefully, You dont even need to consider that far. My question is: is mining essential for that technology in even close to that amount, that it is done? If yes, future is dark, because reward for mining drops really fast to zero. If not, then we have no product. If we have no product, its just a scheme. BTC as a product is a DECENTRALIZED cryptocurrency right? Decentralized meaning, validation of transaction is done by community, rather, than 3rd party.

So which is it? Is mining essential or not?

Reid, You dont understand the problem behind it. Is mining essential for blockchain technology, or not? If You cut away mining reward and leave only reward for transaction, one of these has to be true:

1) mining is not needed even closely in such amount as now. But if few computers can do all necessary validation, we would not have decentralization, right?
2) mining in such amount is essential, but there is no point to mine, because energy consumption remains the same, but rewards vanish.

It is rightly said that dip should be ending soon and not the end of the journey of btc or crypto currency. It could happen that for some particular country the end could be their if that country decide to make it illegal else it is bad idea to think it is the end of btc.

This wont be a period. This will be forever. Quite simple math.

NO it wont increase every year. What is going to happen most likely: BTC will now bounce to nothing, every drop will be deeper, than previuos and every peak lower than previous.

No one can predict the future., the future holds so much possibilities for those who are positive thinkers and for those who sees positivity. Think of positive because we attract what we think of. For almost 10 years now bitcoin has proven is vitality and it has slowly but surely interwoven into the fabric of human life existence especially that we are now in the virtual world or internet. So i can see positive things in the coming years for the bitcoiners!

not possible to BTC near to end

I think it will never end and if the value changes it does not mean that Btc is at the end but some issues come in the crypto market which change the demand and supply so the price change with that and it's value is not controlled by any central department so the stability is not seen in this market.

Are you sure bitcoin will end ?, Even though the price is now falling but the price is still quite high compared to the initial price of bitcoin in 2009, I believe that the future of bitcoin will be bright and will not end now.

the higher the level of difficulty, the cost of electricity consumption which is the duty of miners who still have to be paid.
I think currently miners who have little capital will stop mining, unless they have 3 times the capital.

Necessity is the mother of inventions.  Issue raised by you ; I do not object to that.  You have given links favuring your arguments.  But still it can not be an end to an era.   

I am also of the view that nothing is permanent in this Universe.  Even big stars which are thousands times bigger than earth have to die one  day.   So Bitcoin is very minor thing as compared to those stars.

But still I am of the view that there will be certain inventions resolving the problems mentioned by you or some better alternative will be invented. 

The profitability of mining has now become negative, but this does not prevent people from mining now. I think it is temporary and soon miners will make a profit.

I think currently bitcoin mining is almost unprofitable, unlike the previous year.
the level of difficulty is getting higher, the cost of electricity consumption continues to rise, plus the current market conditions make people increasingly reluctant to do mining.

NO, it will get worse. And very quickly. Look at those graphs, I posted in OP, they can not be turned back.

Yes I´m sure. And yes, BTC price is higher, than 2009. And I even agree, that it will (temporarily) grow again. Thats the essence of pump & dump.

Don't fear people, Bitcoin will always recover no matter what happens.

You have some strong points there but I really don't think bitcoin will end anytime soon. There is a future for it as more and more followers are being recruited and more acceptance is seen

well i dont think you are wrong but i do think we are in stage of regulations and there is still so many uncetainity which make so many FUD. We are about to enter the blockchain era and also i do think market will be better in november. Recent dump is caused by golfman sach cancel to open custody cause they think its hard to do it and crypto regulation still uncertain.

Thats is not true after 2016 either.

https://bitinfocharts.com/comparison/sentbyaddress-btc.html

If You look at actual ACTIVE and unique addresses, You see no important growth in there. It has been decreasing even before "skyrocket" at the end of last year, when it certainly grew for a short while.

What would be advesative to FUD? BFS - boiled frog syndrome?

Bitcoin is not near to end, mate. You might think this if you invested more than you can afford to lose and you are panicked now by seeing the price decreasing.

However, in worst case scenario, Bitcoin might transform into a holding asset like gold and not to become a currency for daily usage. But even so, this would not be the end of Bitcoin.

Completely wrong bro. By the way, if btc has no future, what we will use as a money in future? :D You know that usd/EUR/fiat will collapse in some year, and if you say "no", we can't continue talking.
So when fiat money will collapse, what will happen to people's money? surely we will not have another crypto out of bitcoin.

How can bitcoin end, we know that since the inception of bitcoin in 2009 the price is truly extraordinary and not a few who don't understand blockchain technology