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Bitcoin => Bitcoin Discussion => Topic started by: StanCrypt on June 29, 2022, 07:24:41 PM



Title: Are we gradually approaching towards the end of Bitcoin?
Post by: StanCrypt on June 29, 2022, 07:24:41 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: abel1337 on June 29, 2022, 07:40:02 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
End? The thing I could think right now that make bitcoin end is if no one use it which will be impossible or all of miners stop mining which is also impossible unless a world threat arrives like a meteor hitting the world that could end us all. Even if all government ban bitcoin, I'm sure someone will still able to use it.  We've experience news and situations like these in a bear market like we currently have so it's basically normal to have negative news about bitcoin from time to time now. Bitcoin have seen downslides like these before but where we are right now? Still using bitcoin  ::)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: TheNineClub on June 29, 2022, 07:57:38 PM
Let me introduce another variable. Maybe it's a gradual end of BTC, but in a way that something else takes it place. Like it happened with social media (and is happening still). BTC might not go away completly, and still stay as a store of value, but something else takes the top spot.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: franky1 on June 29, 2022, 08:41:07 PM
but something else takes the top spot.

top spot in what manner?
if your talking about market cap..
well i can make an altcoin of a trillion coins, sell 1 coin for $1 and give it a market cap of $1..
just needs one time use of one coin.. .. does this make it "on top"
.. nope?
then what do you mean "on top".
is it a market price bigger then bitcoin.
well i can make an altcoin of just 21m coins.
put it on the market. sell 1 coin to myself for $500k (not costing me that, because im paying myself, so no loss) but the market price is now $500k.
oh and that market cap is $10.5trill.. yet again its just utility of 1 coin.
is this altcoin now "on top"? .. no?

so whats "ontop"
is it number of transactions performed a day..
well there are many altcoins and altnets spamming their networks. not actually purchasing anything but just being brute forced or spamming for the sake of data bloating/faking volume/bug testing/mixer/routed/etc

are they ontop?.. no?
so what measure do you consider ontop.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: hyudien on June 29, 2022, 08:42:31 PM
What do you mean by end of Bitcoin? just because Celsius froze all accounts and funds on them and then generalized that a Bitcoin holdout would cause all Bitcoin markets to end?
In my opinion, Celsius is only 1% of what is currently running in the market. So it won't make the Bitcoin market come to an end.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: 348Judah on June 29, 2022, 08:57:21 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

I want to believe that 13 years is not a joke for a digital currency like bitcoin remain outstanding among other cryptocurrencies, not because of anything than the trust and person(s) behind the coin, bitcoin isn't going anywhere bit rather have fome to stay and remain relevance to the economy, when there's a dip im lrice we consider the last bear market before the ATH and after the ATH it will not fall below the starting point it took off from, which is believed to be $20k, now it it revolving round this range should signify the certain limit reached and bitcoin is ready to either maintain it for now or prepare to run bullish as a result.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Hyphen(-) on June 29, 2022, 09:16:48 PM
Bitcoin has a very bright future because many high-profile investors have invested in it; it is pointless to predict that Bitcoin will die or end soon. This crypto market situation is only a matter of time, and I believe it will end soon.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Jody.Drummer on June 29, 2022, 09:22:46 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Well, it's too early to say it's all over. Bitcoin with increasingly massive adoption and now more and more countries are opening up long-term investments in Bitcoin, then big companies like MicroStrategy increased their purchasing power by 480 Bitcoins today https://twitter.com/saylor/status/1542117682207678465 so I don't think Bitcoin will end only because of the downturn and the issues out there that are currently buzzing.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: stomachgrowls on June 29, 2022, 09:24:36 PM
What do you mean by end of Bitcoin? just because Celsius froze all accounts and funds on them and then generalized that a Bitcoin holdout would cause all Bitcoin markets to end?
In my opinion, Celsius is only 1% of what is currently running in the market. So it won't make the Bitcoin market come to an end.
Most of the time on which having that lacking of some research and in depth analysis could really make out these kind of questions which turns out to be laughable if the community that supports Bitcoin
would able to read.  ;D

If we do really know on how many times bitcoin died and how many times this market been stormed out by lots of negativities around but still it do stood strong even up to this moment.
Having these declines wont really be that enough for it to signify that its ending is near.

You cant really just make yourself that too impulsive on which you do ending up on presuming that we are already heading there? Impossible.
As long you could see the support then it is really not going to happen.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: franky1 on June 29, 2022, 09:30:21 PM
there are thousands/millions of businesses .. hundreds of countries. involved.

there are even today sooo many companies trying to lobby (old slow backward)governments for some regulatory policy to get the legalised ability to run a bitcoin business..

businesses are waiting to start accepting bitcoin.
ETF's want to start. merchants want to start. the list goes on

people are waiting to be able to put their retirement portfolios into investing in bitcoin

. so its not over.. its just begun


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: darkangel11 on June 29, 2022, 09:37:49 PM
What is "the end"? Bitcoin was doing fine before Luna, Celsius and Three Arrows were created. It did not need them to function and it still doesn't need any of them to be successful.
You interchangeably use words bitcoin and crypto. A crypto crash doesn't mean a bitcoin crash and crypto problems aren't bitcoin problems. Bitcoin would never react to Luna's death if not for the fact that the owner of Luna used profits from selling his own shitcoin to buy bitcoin and then sold it all at once crashing the price.

Celsius can die and not influence bitcoin at all but if its owners hold bitcoin and are forced to sell to cover their own liabilities, that's another thing.

One more thing. Price doesn't say anything about bitcoin's life cycle. It can lose 90% in price and then gain another 100% and it will still be up over the course of 3 years.




Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: darkv0rt3x on June 29, 2022, 09:47:07 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

No, actually is was made better. One less shitcoin to make our lives miserable! Maybe some of those who lost money may now learn that shitcoins will always end up in these types of scenarios. That's what you get when you don't understand Bitcoin. The only thing I'm sorry is the bad advertising it brings to Bitcoin, because at the end of the day, these people who lost money, probably when they hear again about Bitcoin, they will immeidately say "ahh fuck crypto. I lost 50k last year or so". You know what I mean? By that time, that people will put Bitcoin in the same bag as any other shitcoins. Evolution theory will take care of all those scams!



Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: hatshepsut93 on June 29, 2022, 11:26:16 PM
Use some logic for a second, how can one company end Bitcoin? There was already a similar case - the MtGox hack, and since it happened in the early days, it was pretty devastating, and still Bitcoin endured, because its fundamentals didn't change. This situation with Celsius and previously with Luna caused some panic, but all it does is highlighting that Bitcoin is still volatile, has low volume and lacks resilience, but it's dump to think that because of that Bitcoin might be going to zero. Eventually such news will have no effect on Bitcoin's price.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Slow death on June 29, 2022, 11:30:57 PM
The precarious cryptocurrency market

well maybe the best word would be to say that it is a still new and expanding market

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

a few years ago (2017) the price went up from less than 1000$ to 19000$ and everyone was happy and saying optimistic things and making price predictions that were just absurd but something like 50,000$, well the price didn't reach 50,000$ and it dropped to 3000$ and people started saying that it was the end of bitcoin. some time later the price went up from 3000$ to over 60,000$ and the 50000$ that was an absurd prediction became something realistic, so now that the price has dropped to 20,000$ let's once again get into the fairy tale of what the end is ? Why can't we accept that this kind of fall is something normal? Why do you have to think it's the end?


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: bhooscream on June 29, 2022, 11:41:39 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
If this is your first time experiencing such a bearish market, it is normal for you to feel this. But, as you know, Bitcoin and also other cryptocurrencies have ever experienced this kind of bearsih market, where all cryptos were dropped until very dip bottom, likely going to be dead. But in fact, Bitcoin and some altcoins can still survive and are worthy at all, passing new ATH like in 2021.
That is why I suggest you not to panic with this market codntiion. Never beleiev in any FUD that people make ands pread.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: famososMuertos on June 29, 2022, 11:44:43 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

At least if you are going to declare bitcoin dead you have to put more "seasoning" into the argument, you have to measure or understand things by the probabilities that they happen, so you should mention that, not leave it to the feeling of "..." or an article, then, what probabilistic percentage so that for the umpteenth time they kill bitcoin this can happen?

Even in the most apocalyptic hypothetical scenario of bitcoin, it has an "irreverent" factor that few assets or investments that exist or have existed have, TRUST, I'm not shouting, apologies its capital letters but I want to give it relevance.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: JohnBitCo on June 29, 2022, 11:59:25 PM
Let me introduce another variable. Maybe it's a gradual end of BTC, but in a way that something else takes it place. Like it happened with social media (and is happening still). BTC might not go away completly, and still stay as a store of value, but something else takes the top spot.

However this might happen in future but currently this seems not to be the case. Bitcoin is most decentralized across all the digital currencies and it will remain to the king of cryptocurrencies.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: blue Snow on June 30, 2022, 12:05:01 AM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
I little bit happy to hear this noted, end of bitcoin is I really need to hear that word between 2020-2021, but i just heard now from you. Maybe a little bit late because they were dumped, If I bought now, I need to have more patience until back to the pocket for sure.

Man, if you have cash, don't waste this opportunity, use it to buy up now. I believe you will laugh at the mouth itself when reading this thread in 2023-2024.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Kemarit on June 30, 2022, 01:36:58 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

It might have a short term effect on the price of bitcoin, just like what Terra Luna did to the market. But questioning whether we are approaching towards the end of Bitcoin, LOL, not sure if you have been here in 2018 because that time was really very hard for the majority of us. But we survived, just like we will this bear cycle.

So to answer your question, no, we will pull through, you just need to stay relax and take the advantage of fattening your wallet with cheap BTC.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: candyhardtoforget on June 30, 2022, 02:06:11 AM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Well, it's too early to say it's all over. Bitcoin with increasingly massive adoption and now more and more countries are opening up long-term investments in Bitcoin, then big companies like MicroStrategy increased their purchasing power by 480 Bitcoins today https://twitter.com/saylor/status/1542117682207678465 so I don't think Bitcoin will end only because of the downturn and the issues out there that are currently buzzing.

Agreed, well no one can predict the future but definitely its not over yet, check out this article about** “halving”**

https://www.bitfufu.com/content/NEW100001)


The history of BTC

Throughout the history of BTC, the price of the currency has experienced three-step gains, and all three occurred after halving.

This so-called halving refers to the halving of the bookkeeping reward.

The accounting work that revolves around BTC needs to be completed by many users in the P2P network. The network uses BTC as an incentive for active bookkeeping and sends them to users who complete these tasks. How are bookkeepers chosen fairly from among the many users? Satoshi Nakamoto's method is to ask mathematical problems. The user needs to use a device to calculate the answer to questions provided by the network, and the first user to answer correctly will receive the right to bookkeeping and BTC rewards. This process is known as mining.

Mining is a method of issuing new BTC and is at the source of the BTC economic ecology.

There are 21 million BTCs in total. Initially, the billing reward was 50 Bitcoins, but for every 210,000 billings, the billing reward is reduced by half. The Bitcoin network bills once every 10 minutes, and the interval between two halvings is about 4 years.

Initially, BTC was worth nothing. It was not until May 22, 2010 that the first BTC transaction occurred in the real world when Florida, USA’s Laszlo Hanyecz purchased two pizzas with 10,000 BTC. At that time, two pizzas were about 25 USD (1 BTC = 0.0025 USD), giving the BTC its physical value for the first time. This day is also known as Bitcoin Pizza Day by the crypto community.

On July 18, 2010, the BTC exchange Mt. Gox went online. On that day, BTC price was 5 cents (1 BTC = 0.05 USD).

On February 9, 2011, BTC reached parity with the USD for the first time (1 BTC = 1 USD).

On November 28, 2012, BTC ushered in the first halving, and the price of the currency began to rise from 12.35 USD. Nearly one year later, on November 30, 2013, it reached a peak of $1,149.14 and then retreated sharply, plunging more than 51% at one point, falling to as low as 203.86 USD and signaling the start of a two-year bear market.

On July 9, 2016, BTC ushered in the second halving, and the price of the currency began to rise from $653.70. Nearly one and a half years later, on December 17, 2017, it reached a peak of 19,535.70 USD, but then retreated sharply, falling more than 67% at one point, reaching a low of $3,209.76 and starting a one-year bear market.

On May 12, 2020, BTC ushered in the third halving, and the price of the currency began to rise from US$8,879.80. Nearly one year later, on April 13, 2021, it reached a peak of 63,000 USD. Subsequently, it fell sharply, with a drop of more than 47% at one point, reaching a low of 29,987.31 USD (as of July 22, 2021).

The three tiered increases in the price of BTC all occurred within one to one and a half years following the halving. After peaking, there will be a 50%-70% callback within 2 months, and then enter the slow bear until the next halving.

Despite fluctuations, each halving will bring the currency price to a new level, and the bottom of the currency price has been increasing. Overall, the currency price shows a trend of volatility and increase.

Everyone should own BTC.




Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: GreatArkansas on June 30, 2022, 02:07:15 AM
Let me introduce another variable. Maybe it's a gradual end of BTC, but in a way that something else takes it place. Like it happened with social media (and is happening still). BTC might not go away completly, and still stay as a store of value, but something else takes the top spot.
However this might happen in future but currently this seems not to be the case. Bitcoin is most decentralized across all the digital currencies and it will remain to the king of cryptocurrencies.
It is already proven by the time. Since Bitcoin is created, no other cryptocurrency has been able to surpass Bitcoin.
Just think of a lot of companies that are already into Bitcoin, individuals and companies who got billions of their funds into Bitcoin and I don't think something else will take the top spot. Bitcoin is perfect for the top spot.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Nrcewker on June 30, 2022, 04:53:58 AM
This types of posts are only seen when people lose hope and faith on Bitcoins.
I mean it’s just a bear market, and people are thinking of end for Bitcoins.
This isn’t first time that Bitcoins have crashed a lot.
Back at 2018 Bitcoins suddenly fell to 3000$ from 20,000$ all of a sudden, and soon after few weeks it crossed it’s all time high.
So this time it’s also the same thing happening. All you need to do is just wait and show some patience.
If possible at this cheap price buy as much bitcoins as you can, and I am 100% sure that after few weeks, you will be overloaded with tons of profits.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: worle1bm on June 30, 2022, 05:18:27 AM
Another one of the same threads claiming the end of bitcoin seeing these dips and do you believe btc can't withstand it once more? We have also seen the similar situation back in 2017 in ICO period when it busted and there was downfall of around 70-80% but still the growth continues and the same will happen now also.So all these LUNA and other going down will affect btc in short run but will grow overtime if you have the patience to see it.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: 2stout on June 30, 2022, 05:26:44 AM
IMHO, absolutely and unequivocally not.  Overall, Bitcoin has even come close to hitting its peak yet.  The best is yet to come and its true peak is probably at least 10 or so years from now.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: kamvreto on June 30, 2022, 01:54:43 PM

If it is said that this will be near the end of bitcoin, then how in the past when bitcoin crashed worse than today. right now BTC is still in the $20k price area and this is still very high. The decline will definitely occur, after that the bull market will come back, we just need to be patient and prepare cold money to buy bitcoin and some supporting altcoins.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: sbrys on June 30, 2022, 02:13:10 PM
You are in fact right theoretically :)

Bitcoin and the rest of this world is slowly approaching the end. The sun will burn them all in 1.5 billion years !


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Finestream on June 30, 2022, 08:50:01 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
The decision of Celcius does not justify the market downtrend of the crypto market, particularly with bitcoin. Bitcoin drops its price because we are currently facing a bear market, and that goes too with all altcoins. Celcius is nothing compared to the strong foundation of bitcoin, Celcius may end his career in crypto but bitcoin will not. So don't be affected with this fake news, as they are just one of those FUDs that should never be heard.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Easteregg69 on June 30, 2022, 08:52:55 PM
I take it to 1.1k with rich dad.

I don't like the scene.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Viscore on June 30, 2022, 09:14:02 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
It's very unlikely that bitcoin will end just because of Celcius. He is just one of those million crypto lenders so his banning of withdrawals will not bring huge effect to bitcoin. However, if the demand of people from bitcoin stops, maybe that would be the reason for bitcoin to collapse, and not just because of a sole crypto lender. And besides, what do we expect when the market is bearish? Bitcoin will certainly received a lot of negative attacks, something that is not new to all of us.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: romero121 on June 30, 2022, 09:17:16 PM
Too early to make a decision that the market have come to an end. In the beginning days Bitcoin experienced similar conditions of reaching down to the bottom. Now the market is mature and the adoption level is at its high, so we can't think of bitcoin to be on its end days. Following the market of bitcoin is the rest of the altcoins. This time the altcoins hadn't bleed as the bitcoin. For now it is time to make use of the opportunity than just making speculations that drive the price downwards.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: dataispower on June 30, 2022, 09:18:23 PM
Bitcoin has a very bright future because many high-profile investors have invested in it; it is pointless to predict that Bitcoin will die or end soon. This crypto market situation is only a matter of time, and I believe it will end soon.
people is misquoting the adoption of cryptocurrency and the validity of cryptocurrency Bitcoin is a currency that no one knows the bottom and their values so therefore those who is predicting that cryptocurrency is on the death ground is those that don't know the basic things buy cryptocurrency work with because since the originality of cryptocurrency it is has been falling and rising and when it falls many people who we thought that it will not stand again so that is a shallow and tality of people who don't know very well of cryptocurrency so I believe that that is the rotation and the market of cryptocurrency so Bitcoin is not dead and I cannot concur to that that bitcoin can be eliminated totally


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Agbe on June 30, 2022, 09:27:07 PM
Let me introduce another variable. Maybe it's a gradual end of BTC, but in a way that something else takes it place. Like it happened with social media (and is happening still). BTC might not go away completly, and still stay as a store of value, but something else takes the top spot.

The Bible actually said it. Oh ye men of little faith. You have no faith on bitcoin that is why you sound as if bitcoin will end like other Ponzi schemes on social media. Do you really understand what is bitcoin? Let me give you a clue on it. Bitcoin is a decentralized digital currency which means nobody or central authority controls the asset. There is no database in it. Everyone control their money in their wallet by themselves, there is no retrieval of password if you lost or miss placed your seed phrase. And if you miss placed or lost your seed phrase, you have lost all the money in your account and nobody can retrieve it for you. So for the OP and you saying, bitcoin is coming to an end, I see it as an irony. Bitcoin has come to stay and as a coin or currency in the exchange market, it must fruster ( coming down and up). I hope all currencies are like that. Bitcoin will definitely go up.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: dataispower on June 30, 2022, 09:53:57 PM
Bitcoin will not end so easily. Bitcoin has started to gain a lot of popularity all over the world Many countries are legalizing Bitcoin.And there are many more countries that are on the verge of being officially legalized.If you want to destroy Bitcoin, you have to destroy everything in that country.Bitcoin will become more popular in the future and Bitcoin will be the number one position among all.
i laugh because i feel like laughing. Yes I will ko know that his government is against cryptocurrency and Bitcoin in that matter SodaStream bitcoin is not something a government can do and it will come  for them easily, because Bitcoin the documentation of it is not in the custody of anybody and bitcoin is something that not everyone news about it needs more advertisement for people to it more, because if you check of the Nations you will notice that not all the country that' adopt cryptocurrency as legal tender, from what I'm seeing it will take Bitcoin more years be known and also accepted generally


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: ninis45 on June 30, 2022, 10:06:42 PM
Despite the issues or negative reality that is developing at this time, bitcoin continues to run and move forward for the future, this is proven by many countries starting to accept bitcoin and crypto as well as increasing bitcoin holders from year to year, when a bear market like today is not a thing that happened once for bitcoin in a very deep price fall and this is not what causes bitcoin to end and die because I think when the price falls there are some people who think this is the end when it is the beginning for bitcoin to fly higher


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Hamphser on June 30, 2022, 11:42:16 PM
Despite the issues or negative reality that is developing at this time, bitcoin continues to run and move forward for the future, this is proven by many countries starting to accept bitcoin and crypto as well as increasing bitcoin holders from year to year, when a bear market like today is not a thing that happened once for bitcoin in a very deep price fall and this is not what causes bitcoin to end and die because I think when the price falls there are some people who think this is the end when it is the beginning for bitcoin to fly higher
We've seen its history and if we do make out some comparison then there's a figure that shows that it could really grow up its price into those unexpected numbers or we hadnt been anticipating which us investors

will really be that interest into its future potential in terms of price movement and its value but of course this isnt something that could happen in one night but it would take years or decades before we could see
new all time high.The wrong of other people is into their mindset that we would able to reach out into those numbers without any hardship and we know that its not having that pumping price like movement forever
which you should expect that there's drops and its happening as of this moment but doesnt mean that it would really be leading into its end.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: pkersey on July 01, 2022, 12:01:00 AM
Wall street opened up a new bitcoin short ETF, and traders are shorting the crap out of bitcoin. To me this is a sign of stability b/c the price can rocket when those short selllers have to cover. BTC isn't going anywhere, but crypto did get way ahead of itself pricewise. It's happened numerous times before.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: danadc on July 02, 2022, 09:55:48 PM
For me it could be the end of all altcoins, because I don't care about them, but to say it's the end of bitcoin? It couldn't happen unless bitcoin investors stop liking money, and since it also has a function which is to make use of backup against global economic emergencies, since a recession would make many desperate for their money and not want to lose their value, the most reliable options to go for are gold and bitcoin. But for some bitcoin they do not see it completely as a refuge is one of the options that can work best.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Hispo on July 02, 2022, 11:27:11 PM
We are not approaching the end of Bitcoin.  ;)
Bitcoin adoption is growing slowly but steadily, Bitcoin has broken the stigma of being the currency of cyber-criminals, becoming an asset held by big companies and retailers alike.

The volume is huge, the liquidity is competitive and the industry is healthy. It could be healthier if we could get rid of the army of scammers, shitcoins and failure services like Terra-Luna, but still I believe we are only witnessing the beginning of a long era when Bitcoin continues to evolve, grow and survive despite of the FUD pushed by the enemies of decentralization.

If anything, we are approaching towards the end of FIAT paper and the bith of CBDC's, a new tool to keep an eye on you and anything you buy.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Ale88 on July 03, 2022, 02:24:14 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Since bitcoin was born the crypto market became bigger and bigger every year, I don't understand how (or why) you're saying that it's coming to an end. it didn't die when nobody knew what bitcoin was, it didn't die after MtGox, why should it die now?


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Minor Miner on July 03, 2022, 04:01:57 AM
That's right, it's ending for scam projects that promise big, hyped out projects without any plausible application, as well as trash altcoins and shitcoins. As for bitcoin, it's been dead since 2009. I don't know exactly how many times people have mentioned it has died, and now bitcoin is trading at 20k and and once again the bitcoin haters will be lamenting an end to bitcoin. You will hear the same thing until bitcoin is traded for 200k or more, more... and they won't stop whining to you about bitcoin dying.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Poker Player on July 03, 2022, 05:00:51 AM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

With so many threads like this one, which come to announce the end of the world more or less, what we are approaching is a good time to buy. When people keep talking about apocalyptic scenarios in bear markets we are close to the bottom. If you really think it's going to disappear, don't buy, or better yet, bet short against Bitcoin.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Jemzx00 on July 03, 2022, 06:33:29 AM
That's right, it's ending for scam projects that promise big, hyped out projects without any plausible application, as well as trash altcoins and shitcoins. As for bitcoin, it's been dead since 2009. I don't know exactly how many times people have mentioned it has died, and now bitcoin is trading at 20k and and once again the bitcoin haters will be lamenting an end to bitcoin. You will hear the same thing until bitcoin is traded for 200k or more, more... and they won't stop whining to you about bitcoin dying.
Crypto projects that doesn't have any useful usecase will surely cease to exist anytime also as we can see during this bear market, various shitcoins and altcoin have died. This is also one of the good thing that always happen during a crypto bear market. Bitcoin will always die, burst out like a bubble, be banned, and will never be considered as currency just as people say.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: amishmanish on July 03, 2022, 06:42:51 AM
Saying that something else will take place of bitcoin is like saying some other fiat will take place of dollar. Even then lets take this argument as true, What will happen. With the current holdings and the value  of bitcoin it will take a tleast 5 years to any altcoin to generate the market value and customer base as bitcoin has.
Moreover any alternate currency too will need to provide a very strong safe and meaningful system for  safe transactions.
If you see most of institutional investors are still choosing bitcoin as their first choice, because the market trust that bitcoin carry is still far more than any other alt coins and bitcoin will stay on top for a long time


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: sbrys on July 03, 2022, 09:03:43 AM
Probably 99% are technically better than Bitcoin but they are simply not Bitcoin  :)

Cannot imagine any other Crypto taking over top spot. I’m sure there is some unwritten law preventing this like for example Fermi Paradox 😊


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: oaz7t on July 03, 2022, 09:45:23 AM
Tough time calls for tough decisions buddy. Never ever think that Bitcoin is coming to an end because it's nature and market penetration will never make it end. Simply give it time to recover from the unwanted sells.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: KaliLinux on July 03, 2022, 09:51:07 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
For some of us here still even helping to push this type of news that "Bitcoin is coming to an end or is this, the end of Bitcoin" is also part of the problem. I don't even think this should be a discussion until I see that it actually happens. Some institutions that started way down the years after Bitcoin has already given like 3-10 years into the system are the ones to now be used as a yardstick if Bitcoin will survive?
Celsius was Founded in 2018 (http://find-and-update.company-information.service.gov.uk/company/11198050)
3AC was founded in 2012 (http://coindesk.com/policy/2022/06/30/singapore-central-bank-reprimands-three-arrows-capital-for-providing-false-information/)
Bitcoin has always seen negative news over the years and this time is no different, I don't believe that it is the end for Bitcoin but rather a repositioning of the market.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: sbrys on July 03, 2022, 10:05:43 AM
Also what would the end  :)  A price drop is not an end. Even if we would go to 1k$ Probably too much sideliners waiting to prevent that from happening (without fundamental issues)

An end would be a 51% attack or some brute force hack on private keys. Seems both rather impossible at this time.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: ninis45 on July 03, 2022, 10:55:19 AM
Saying that something else will take place of bitcoin is like saying some other fiat will take place of dollar. Even then lets take this argument as true, What will happen. With the current holdings and the value  of bitcoin it will take a tleast 5 years to any altcoin to generate the market value and customer base as bitcoin has.
Moreover any alternate currency too will need to provide a very strong safe and meaningful system for  safe transactions.
If you see most of institutional investors are still choosing bitcoin as their first choice, because the market trust that bitcoin carry is still far more than any other alt coins and bitcoin will stay on top for a long time
this is bitcoin which is different from altcoins and will run as a track recorder and transparent transaction example without intuition that provides rules or promises interest rates as a deterrent to inflation and altcoins come as a complement to the technological demands and transactions of bitcoin, is needed by society today even though on the way altcoins as newcomers are often ridden by scam projects and cannot develop so they are dead and worthless


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: zasad@ on July 03, 2022, 11:10:05 AM
When market participants have a negative opinion in the first place, then it's time to buy. Bitcoin is a good indicator of the stock market, first the price of bitcoin falls, then the stock market falls. European and American regulators have no complaints about bitcoin, which means that the coin will have a future.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: buwaytress on July 03, 2022, 01:46:37 PM
Probably 99% are technically better than Bitcoin but they are simply not Bitcoin  :)

The reason they'll never do better than Bitcoin (for now and for the foreseeable future) is pretty straightforward. It's that they're actually not at all better than Bitcoin.

They're all technically modern, sure. Superior in transactional capacity, sure. But at the sacrifice of almost everything else that makes Bitcoin valuable (and therefore, shitcoins non-valuable)... security, decentralisation, cesorship-resistant, etc.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: skarais on July 03, 2022, 01:56:13 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Of course, you don't have to believe that this is the end of the crypto world in general. The price decline is reasonable like the big increase that occurred last year. Currently bitcoin price is down 72% from ATH but of course this is not the worst condition ever. I think people will still be very worried about a dump where 85% was a big down cycle in the past. But still I wouldn't think this is the end of crypto even though some people have lost money at this point.

Rest assured, the price of bitcoin doesn't always go one way and we know that it has to be both. If today you see a decline, then perhaps you will see an increase tomorrow. That's how the market works, but I'm not ignoring the downside of the bitcoin price crash during this period.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: avikz on July 03, 2022, 03:18:29 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

I remember seeing such posts back in 2018 when the price of bitcoin reached to 3k level after seeing a ATH of 22k. People were in real shock. Many people I knew, had purchased bitcoin using their credit card so they were in huge debt. They all had to work extra hours so that they survive with the credit card interest. There was a total mess! then if I look back beginning of 2022, bitcoin reached 69k. This is a game of bull and bear cycle. Bitcoin has shown this very prominently. So if people have forgotten this, they can sell off and leave the market. It is not a game of faint hearted people anyway.  

Some businesses has certainly taken a direct hit whose main source of revenue was cryptocurrency. But nothing lasts forever!


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Russlenat on July 03, 2022, 03:29:01 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
This is not the first time to happen in the market that bitcoin was doomed and has dropped so much to the extent of reaching $3k, did it end there? No, because it’s only part of having a downward trend every time the bear season hits the market. And eventually, it also recovers in time. So same what’s happening today, bitcoin will continue to drop and ends up in its bottom, sadly none of us knows as to what bottom price will bitcoin settle.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Franctoshi on July 03, 2022, 03:30:55 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?


Aside inflation and the hiking of interest rates by Fed to run off their blansheet, The Crypto lending platform like the Celsius, Three Arrow capital etc seems to be one of the problems why Bitcoin and cryptos is crashing as a result of yield farming with Bitcoin and cryptos.
Why do I said so,

For instance
When people lend out your BTC to this lending platform such as Celsius at $30k in order to earn some interest , They may loan out the BTC to the Banks and use it as a collateral to pay you interest. Then what happens in a situation, when btc price start dropping massively as it did drop to $20k and bank will realize and say hey! guys, the value of BTC in collateral no longer match with what we're giving out to you, then Celsius may have to sell the BTC at $20k in order to cover loses, and this I think helped in crashing the price of Bitcoin and crypto and why Celsius and Three Arrow capital is going bankrupt, which if nothing is done more lending platform will go out of business because they don't have more customer inflow willing to lend out their Bitcoins to earn yields because of the current drop in the price of Bitcoin.

Therefore, if you're to invest with this lending platforms and you don't know where the yields is coming from, Think about it, you're are the yield.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: kryptqnick on July 03, 2022, 04:56:00 PM
Some institutional players might pull their money out of the crypto industry, out of Bitcoin. In some countries, strict regulations may appear regarding certain activities like mining. But that doesn't mean Bitcoin is moving toward any sort of end. It's still growing if you zoom out and look at other bear market situations of the past. It's facing a temporary situation, which I have very little doubt will actually prevent Bitcoin from growing again. So there's no need to panic or be concerned, or rely on opinions of some hedge funds.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Iadegbola34 on July 03, 2022, 05:57:42 PM
Bitcoin is far from nearing the perceived end. We're in the growing phase of bitcoin, more adoption will come from high value investors after government regulations and all. Boom! From there we might see sustainable reversal in the upside direction and all insinuations or prediction that bitcoin is nearing its end will be gone.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: sbrys on July 03, 2022, 06:23:02 PM
If this would be the end this would be the weirdest trend ever.

Record breaking growth for more than a decade but without a fundamental reason it would be over  :)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Zanab247 on July 03, 2022, 06:33:28 PM
Quote
This types of posts are only seen when people lose hope and faith on Bitcoins.
I mean it’s just a bear market, and people are thinking of end for Bitcoins.
This isn’t first time that Bitcoins have crashed a lot.
Back at 2018 Bitcoins suddenly fell to 3000$ from 20,000$ all of a sudden, and soon after few weeks it crossed it’s all time high.
So this time it’s also the same thing happening. All you need to do is just wait and show some patience.
If possible at this cheap price buy as much bitcoins as you can, and I am 100% sure that after few weeks, you will be overloaded with tons of profits.
This is the best time to get it right in the community, by buy as much of Bitcoin you want in this season and hold because the market price is about to switch into bull market were people we start making income from their investment. What is happening right now in the market is not the end of Bitcoin than to allow many people to embrace this opportunity to be part of those that will achieve a good profits from the market in future. I think, the price of bitcoins will move to $40k before the end of this month.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: _BlackStar on July 03, 2022, 06:36:31 PM
When market participants have a negative opinion in the first place, then it's time to buy. Bitcoin is a good indicator of the stock market, first the price of bitcoin falls, then the stock market falls. European and American regulators have no complaints about bitcoin, which means that the coin will have a future.
Some people will be very worried about the future of bitcoin especially since they might be new here. They should learn from past experiences where bitcoin has also collapsed due to panic and massive selling from traders and investors. But in fact, during 2021 bitcoin price hit ATH again where $69K is the current high.

Volatility of the market are commonplace with bitcoin because actually these coins are traded freely without anyone's control. This means the price will continue to fluctuate following the current trend, but in the end we find out that it will just form a new pattern for the price and that's how it goes. The best advice to the OP is, don't think of this as the end of bitcoin as the first point is that volatility is normal. Buy and wait, you will feel the benefits in the future.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 04, 2022, 01:08:15 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

I hate it when people say "It's the end of Bitcoin" when market prices are falling down the drain. Was Bitcoin created as an investment tool or as an alternative to the current financial system backed by central banks and governments worldwide? I'd say Bitcoin is more than just a currency. It's a revolution that will change our world for the better.

Why would I care about BTC's price relative to Fiat if the latter is bound to collapse soon? Fiat currencies (USD, EUR, etc) will see their demise once hyperinflation starts rolling in. Once that happens, people will be in search of sound money that cannot be censored or manipulated at will. Bitcoin is the answer to all of our problems, so I'd suggest you hold onto it no matter what. Who knows if Bitcoin becomes the standard unit of account in the future? Just my opinion :)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Jody.Drummer on July 04, 2022, 07:12:43 AM

I hate it when people say "It's the end of Bitcoin" when market prices are falling down the drain.
"It's the end of Bitcoin" things like this are always said when bitcoin is experiencing a correction even this word always rings when a decline occurs because the fact is not only now they say this but every decline and other facts also bitcoin is still not over until now :D
But indeed this is actually quite natural maybe some of them care too much to the point that they worry about bitcoin holders so saying things like this again and again lol. Don't care too much about this kind of thing friends because hating people who say things like this is a waste of your time. Bitcoin is still Bitcoin it doesn't really matter what people say what's important when we believe then just keep it that way.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: _BlackStar on July 04, 2022, 03:34:51 PM
On the contrary, we are still at the beginning of the road, Bitcoin and the cryptocurrency market will witness a great boom in the coming years, the collapse of some companies does not mean the end of the road, this always happens even in the real world, many large companies and banks  also have declared bankruptcy in Previous, but this did not mean the end of the dollar, as you can see, these difficulties have occurred before in the history of Bitcoin and it came out stronger than it was, so you have to be optimistic and forget that hype about “Bitcoin is dead”.
The fact that one or two companies went bankrupt after getting involved in the crypto world will prove nothing about the OP's concerns about the future of bitcoin. It is a natural thing to happen to any business regardless of whether it is related to crypto currency or banking, real estate, and etc.

OP just needs to understand that this market is highly volatile and can make it profitable and losing over a period of time. Actually he knew that this bitcoin investment would have a lot of potential, but he was too worried about the possibility of a worse price drop in the future that he just thought that the stage of collapse was imminent.

Remeber for this one:
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.



Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: AmoreJaz on July 04, 2022, 05:34:00 PM

I hate it when people say "It's the end of Bitcoin" when market prices are falling down the drain.
"It's the end of Bitcoin" things like this are always said when bitcoin is experiencing a correction even this word always rings when a decline occurs because the fact is not only now they say this but every decline and other facts also bitcoin is still not over until now :D
But indeed this is actually quite natural maybe some of them care too much to the point that they worry about bitcoin holders so saying things like this again and again lol. Don't care too much about this kind of thing friends because hating people who say things like this is a waste of your time. Bitcoin is still Bitcoin it doesn't really matter what people say what's important when we believe then just keep it that way.

we will hear this as long as btc is alive in the market. people are free to speculate and say what they feel in this market. so it is no surprise if btc has been dead countless times throughout this period. but if you think you can take advantage of the current price, why not collect as much as you can. but as a holder, you should know when to sell off so you won't be losing when the time comes.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: FlamingFingers on July 04, 2022, 05:47:32 PM
Quite funny that some people still think that bitcoin will go extinct, it is never and can never be possible for bitcoin to go to zero, those who have been trading bitcoin when it was at two digit figure witness a crash that is more dreadful than this, for bitcoin to survive such crash, definitely it will survive this also, just that no one knows when exactly the dump will end for the next bull run to take place, there is nothing like the end of bitcoin, you can only watch out for the end of bear market and beginning of bull market, and this is how it's gonna be rotating till eternity


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Vaskiy on July 04, 2022, 05:53:25 PM
We don't know what is the ongoing market trend. Whether it is bearish/bullish or correction, we can't get into a conclusion. Whenever there happens a decline in the market price automatically there arises statements of bitcoin towards the end. So, this isn't something a big thing to me. The market is upon trust, because in its early days if those early adopters haven't believed now bitcoin could've never been this high. We trust and it'll make us experience the growth.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Silberman on July 04, 2022, 07:35:32 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
I will suggest that you read the posts in the forum which were made after a significant drop in the market on the previous years and you will see the same thing repeated over and over again, people have been claiming that bitcoin is dead since it was created and yet it is still here with a massive market cap and tens of millions of users worldwide, bitcoin is not dying, this is just the natural result of the bull market and nothing more, was the decrease a little bit larger than expected? Yes, but there have been bigger crashes in the past and bitcoin will eventually recover from this as it did before.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: savetheFORUM on July 04, 2022, 08:52:33 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Anyone who thinks that bitcoin will eventually "end" could sell their coins and leave, there is no power in the world that could stop you from selling your coins and getting out. I personally believe that the best thing we could do is collect all the coins these people sell, and people like me who are maximalist of crypto would be able to just hope for the best and make a ton of return.

That way, we would be making a profit and be happy, but people who end up thinking it would go down and be bad, could end up not making any profit and be sad to watch bitcoin go up. That’s all I think will happen, it is going to be high, and people who got out would be unhappy about it.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: uneng on July 04, 2022, 11:05:19 PM
There aren't signals we are gradually approaching to the end of bitcoin. We are just living a bearish market and that is all. Bitcoin is still being used, adopted and endorsed by lots of investors and businesses. Some people are buying their first coins, while others are growing their holdings and others are launching their crypto related businesses. The market has slowed down, but hasn't stopped.
I believe if bitcoin was going to die, adoption and price would be in much lower levels. Moreover the number of crypto companies going bankrupt would also be higher, instead of some isolated cases we are seeing for real.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Quidat on July 04, 2022, 11:16:40 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Anyone who thinks that bitcoin will eventually "end" could sell their coins and leave, there is no power in the world that could stop you from selling your coins and getting out. I personally believe that the best thing we could do is collect all the coins these people sell, and people like me who are maximalist of crypto would be able to just hope for the best and make a ton of return.

That way, we would be making a profit and be happy, but people who end up thinking it would go down and be bad, could end up not making any profit and be sad to watch bitcoin go up. That’s all I think will happen, it is going to be high, and people who got out would be unhappy about it.
Some are just trolls who are trying to freak out those new people who had just recently just into this market and some are to those people who are just new and easily believed that this is already
the demise of bitcoin or end of it with just seeing these declining prices without even trying to realize on whats happening on the market as of this moment which is something that
is really a normal one where price could dump and price could increase and this is where volatility do really make significant effects whether you do profit or you do lose money.
We arent going to end as long the support is there and considering on top 1 then its almost close to impossible.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: gunhell16 on July 05, 2022, 07:12:24 AM
Saying that something else will take place of bitcoin is like saying some other fiat will take place of dollar. Even then lets take this argument as true, What will happen. With the current holdings and the value  of bitcoin it will take a tleast 5 years to any altcoin to generate the market value and customer base as bitcoin has.
Moreover any alternate currency too will need to provide a very strong safe and meaningful system for  safe transactions.
If you see most of institutional investors are still choosing bitcoin as their first choice, because the market trust that bitcoin carry is still far more than any other alt coins and bitcoin will stay on top for a long time
this is bitcoin which is different from altcoins and will run as a track recorder and transparent transaction example without intuition that provides rules or promises interest rates as a deterrent to inflation and altcoins come as a complement to the technological demands and transactions of bitcoin, is needed by society today even though on the way altcoins as newcomers are often ridden by scam projects and cannot develop so they are dead and worthless

Not all altcoins in the market are dying Sir I just want to correct you for what you said and not all altcoins are scams, maybe the others are but not really.

Then we can't stop the rise and fall of the price of Bitcoin, the important thing is that you believe in the future that Bitcoin can help you give you a good profit at the right time and place.




Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: LogitechMouse on July 05, 2022, 08:40:28 AM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Hell NO!!!!
These also happened in the past but Bitcoin is still there. There are many saying that Bitcoin is dead blah blah but it is still here. Just because of institutions making bad decisions that you will say that Bitcoin will end? Maybe it's your first time to see Bitcoin moving like this that's why you are like others who are panicking right now saying that Bitcoin is dead or Bitcoin will end here or any shit that you can say to it.

Bitcoin will stay as long as there are supporters of it and right now, adoption is still increasing despite the bear market. People getting involved into crypto are increasing. Don't say that it will end just because of some news out there.

but something else takes the top spot.
Who will take the top spot if I may ask? :)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: bakasabo on July 05, 2022, 09:01:39 AM
I open coingecko and see almost a trillion of market cap and according to me, this does not look like an approach to an end. These money can not just disappear. Moreover, I cant imagine something where these money can be invested. Stocks? Are there such companies that offer so many stocks or wont investing in them make huge negative changes in economy?

Everyone are just worried about drops, but I suggest just to increase by 1 "Bitcoin death counter" and move on.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Kasabus on July 05, 2022, 03:11:03 PM

If it is said that this will be near the end of bitcoin, then how in the past when bitcoin crashed worse than today. right now BTC is still in the $20k price area and this is still very high. The decline will definitely occur, after that the bull market will come back, we just need to be patient and prepare cold money to buy bitcoin and some supporting altcoins.
What happened today is not new to us since bitcoin has already reached its cheapest value already when it settled at $3k, afterwards it quickly recovered and reached a new all time high. So it was never a dead end for bitcoin, because it’s just a part of a long term bearish market. Now, history repeats itself. And even if bitcoin hits another bottom price, it will never collapse but only drop for a while and then end up recovering.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: _BlackStar on July 05, 2022, 03:13:05 PM
Surprisingly, in the article I did not find a single word about bitcoin or any reason that said bitcoin had a bad impact on the company that was about to be liquidated. I would like to know what the problem is and why it could be linked to the future of bitcoin. But the fact is that the collapse of Three Arrows Capital has nothing to do with bitcoin. However, this is the reason behind the chaos of Three Arrows Capital based on the explanation in the article.

Source: https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402
Quote
The crypto landscape is experiencing tumultuous change amid a collapse in valuations of assets such as stablecoins - digital currencies pegged to the value of assets such as the US dollar or gold.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: cheezcarls on July 05, 2022, 03:21:54 PM
Huh? End you say? Dude did you know that Bitcoin has already “died” many times but got back up again much stronger? I assume that you are one of those who have bought from the top, but maybe I’m wrong. Why would you say that it’s the end of Bitcoin?

The reality is that Bitcoin isn’t going anywhere no matter how long the bear market will last. It’s here to stay for a very long time even if the 21 millionth Bitcoin was already mined in the year 2140. This bear market is nothing new to us, but yet we’re in a much better position than we was before because of the continuous belief, acceptance and adoption of Bitcoin around the world.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 06, 2022, 12:21:44 AM
There aren't signals we are gradually approaching to the end of bitcoin. We are just living a bearish market and that is all. Bitcoin is still being used, adopted and endorsed by lots of investors and businesses. Some people are buying their first coins, while others are growing their holdings and others are launching their crypto related businesses. The market has slowed down, but hasn't stopped.
I believe if bitcoin was going to die, adoption and price would be in much lower levels. Moreover the number of crypto companies going bankrupt would also be higher, instead of some isolated cases we are seeing for real.

Market prices don't determine whenever a cryptocurrency is alive or dead. What really determines the "death" of the coin is the community. If the Blockchain experiences a decline in the number of nodes and miners supporting the cryptocurrency, then you can bet it will die soon. So far, Bitcoin's been doing well with a wide number of miners and nodes backing it every step of the way. The network is still going strong despite the on-going situation with the crypto market. The downfall in market prices is only temporary as a swift economic recovery will get us back on track.

I think the next BTC halving will have a profound effect over the cryptocurrency's price. Bitcoin will probably be in "bullish" mode since investors will be buying more coins due to added scarcity. Of course, we cannot tell what will happen in the future as crypto is widely unpredictable. I'm pretty certain Bitcoin will survive thanks to its decentralized and censorship-resistant design. Just my thoughts ;D


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Reatim on July 06, 2022, 02:49:13 AM

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
have you just entered this community recently? can't you play backward and make research about how Bitcoin moves over the years and how many times that this same happens mate.
we even had a bad side happened back in each after halving time , and yes we are seeing another pump in the coming years so please never to mention this same words again because End is far from happening here.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: nullius on July 06, 2022, 04:04:52 AM
OH MY GAWD,
THE END OF BITCOIN!


:o :o :o :'( :'( :'( 😿 😿 😿

https://i.imgur.com/i4lAXOv.png


/s

ps, op, ur dumb. kthxbye.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: ChrisPop on July 06, 2022, 11:10:33 AM
You make me laugh. So the liquidation of companies with bad management of capital is an indicator for the end of Bitcoin? Read that again and tell me it is not absurd.
Basing your investment decisions on the price of an asset is a recipe for disaster. Learn to differentiate between price and value. Price will intrinsically swing due to market forces, but value will remain constant.

How do you think Buffett made his fortune? Buying cheap - what does cheap mean? --> The price is low in comparison with the value of a company.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: TheNineClub on July 06, 2022, 11:20:44 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

If we are, maybe it's just so that something new can come about (a change of the guard if you will). Even tho the complete mining of BTC is predicted to be far into the future, that dosen't mean that BTC will survive or be relevant by that time, or even in the near future.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: lionheart78 on July 06, 2022, 12:21:08 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say.  This isn't the first time Bitcoin had a huge crash.  Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH.   If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: kasunrandil on July 06, 2022, 01:35:17 PM
 90% of crypto projects will die. companies will die. but the best things will survive. peoples psycology wont let bitcoin do die. most of investors are waiting to buy bitcoin at some point. you know 21% of u.s investors have used loaned money to invest in bitcoin. why?? they believe  the technology, they believe decentralization , they believe censorship resistance and many more which offers by bitcoin but not by centalized parties.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: KennyR on July 06, 2022, 02:14:42 PM
Whether we're approaching towards the end of bitcoin or not, everything is depending on the users self approach towards bitcoin. Some find it an investment that assure with profit in the long term, but with no deadline. Some consider it a technology evolution that can make any changes in the world. So, different users have got difference of opinion. Upon the bearish move of the market there is more fear among the common investors. So, you trust in it and you'll experience the good out of it. Because, already it has died several Times.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: coinsrider on July 06, 2022, 02:30:21 PM
That's is very unlikely bitcoin and cryptocurrency is to stay here and shall have a future ahead but how must await and see.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: AakZaki on July 06, 2022, 02:58:52 PM
those who say that this is the end of bitcoin of course they have never experienced a bitcoin crash that is more severe than today.
beginners will certainly panic and give this statement the end of bitcoin. remember that Bitcoin has a lot of support and a lot of community that believes in bitcoin. The current market crash is a good opportunity to buy bitcoin, not stay away from bitcoin.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Doan9269 on July 06, 2022, 03:20:57 PM
If we are, maybe it's just so that something new can come about (a change of the guard if you will). Even tho the complete mining of BTC is predicted to be far into the future, that dosen't mean that BTC will survive or be relevant by that time, or even in the near future.

This is going to be a surprise to me if someone like you could join to believe that bitcoin may soon go on an extinct, an end to bitcoin...? Not now and not possible because this is an additional improvised technology that bitcoin has come to save the economy, it's a currency and has better implication than that in fiat, by now i think tou should have understand the real difference between bitcoin and other cryptocurrencies.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Sanitough on July 06, 2022, 09:59:32 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
What is the significance with this cryptocurrency lender to bitcoin? I guess the only reason why bitcoin is heading to a more price decline is that we are currently facing a bearish market, and until the market stays like this, we can never witness for bitcoin and other crypto prices surging. Not that crypto is heading to its end, but it could also mean there will be a great start for bitcoin and the whole market after all of these price declines.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Quidat on July 06, 2022, 10:23:59 PM
If we are, maybe it's just so that something new can come about (a change of the guard if you will). Even tho the complete mining of BTC is predicted to be far into the future, that dosen't mean that BTC will survive or be relevant by that time, or even in the near future.

This is going to be a surprise to me if someone like you could join to believe that bitcoin may soon go on an extinct, an end to bitcoin...? Not now and not possible because this is an additional improvised technology that bitcoin has come to save the economy, it's a currency and has better implication than that in fiat, by now i think tou should have understand the real difference between bitcoin and other cryptocurrencies.
Agree into your other points but not on that saving the economy which we know that bitcoin wasnt created for that or cant really be possibly be happening on no matter what
angle you are tending to look at.It cant really be just possible for Bitcoin to be the savior in terms of economic problems or overall talking in relation to it. Speaking about end
then we do have lots of words that we do hear off specially when the market is going down or declining which is something not really that surprising where people do usually freak
out on times like this without even realizing that recovery would really be just next on line or something inevitable that could happen.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Fernando Gomez on July 07, 2022, 03:53:42 AM
Bitcoin crashed in 2018 after a significant boom in 2017. And this is no different. Bitcoin is not that easy to break bitcoin and call it an end.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: BobK71 on July 07, 2022, 06:08:39 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402
These kinds of questions come up whenever the bear market starts. if it continuously reducing the price drastically, then everyone raise the similar thought. The current market is being affected by a hype. That is the time of fall. No matter which way the crypto market goes, one of the things that investors are talking about is the collapse. Today we may not see the current situation of the market if Luna or Celsius not spreading the negativity. Most of the investors allegation that they are the victims of the market's predicament by the negative impact of Luna and Celsius. After all it is clear that the market will take little longer time to recover.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Don Pedro Dinero on July 07, 2022, 06:26:30 AM
These kinds of questions come up whenever the bear market starts.<...>. After all it is clear that the market will take little longer time to recover.

With the number of times bitcoin has been presumed dead (https://www.bitcoinisdead.org/), I'm not worried. Bitcoin today, with the level of adoption it has, it can't disappear. What I do think is that, as you point out, it seems that this bear market is going to be worse than the previous ones. At the moment we are already moving around 20,000 USD and below for a while, and I do not rule out that we are going to try new lows. 

But, the end? No way.



Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Stacaato on July 07, 2022, 06:39:55 AM
It’s definitely not the end, just like how the market behaves, you can’t base every rumour the media spreads and believe it. BTC won’t end but it may take a backseat if something else comes up. That is the circle of life.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Thara20 on July 07, 2022, 06:44:07 AM
Not in the least. Periods of setback and loss are natural in any field. Bitcoin is yet to unleash its full potential and has stood as the face of cryptocurrency for many years. It won't be waning anytime soon.

I found this article to be a good take on this - https://medium.com/chickeychik/future-of-cryptocurrency-998d0b3aced6 (https://medium.com/chickeychik/future-of-cryptocurrency-998d0b3aced6)

Do give it a read.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: vennali on July 07, 2022, 06:54:36 AM
The end of Bitcoin had been predicted by many "experts" ever since Bitcoin came to its existence. BTC does have its own flaws which are being looked at as time goes by but I don't see technological advancements fast enough in the next 2-5 years that would phase out Bitcoin.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Silberman on July 07, 2022, 06:50:58 PM
These kinds of questions come up whenever the bear market starts.<...>. After all it is clear that the market will take little longer time to recover.

With the number of times bitcoin has been presumed dead (https://www.bitcoinisdead.org/), I'm not worried. Bitcoin today, with the level of adoption it has, it can't disappear. What I do think is that, as you point out, it seems that this bear market is going to be worse than the previous ones. At the moment we are already moving around 20,000 USD and below for a while, and I do not rule out that we are going to try new lows. 

But, the end? No way.


No one that has been here for a long time and that understands bitcoin will ever think that it will die all of a sudden just because a bunch of so called experts do not miss a chance to spread their lies, with all the surveillance systems established by governments and private companies we are probably the generation of humans with the least amount of privacy to ever live, and bitcoin gives us some of that privacy which has been lost, how can something that gives us that which we lack suddenly lose all of its value? It simply does not makes sense, which is why we treat those claims as nonsensical.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Anonylz on July 07, 2022, 07:03:22 PM
It is very clear our dear op is new in the game, he must not be used to seeing the market dropping this much and at the same time having to read those bad news.
@op don't panic about btc price and get yourself worked up over some news, one thing has nothing to do with the other, it so happens those companies decide to go under the same time the bear market is happening. Btc after every bear market always comes out strong, you can refer to past history for your piece of mind.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: KingsDen on July 07, 2022, 07:04:56 PM
Yes, bitcoin is gradually approaching the end. It is very clear to everyone.
But there is one important to note about Bitcoin, it has ended so many times and re-started again.

Bitcoin always approach to end in every bear market. Infact, bitcoin is dead. We are patiently waiting for another bull so that it will resurrect ;D
Then, people that refused to buy now, will buy later $50k, and bitcoin will die again in their hands. They will panic and sell off the dead bitcoin, then another bull will come and bitcoin  resurrect.

The cycle will continue and there will never be time that everyone will learn their lessons and trust the process during bear.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: GigaBit on July 08, 2022, 02:31:59 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
This kind of news comes only when the market goes into recession. Bitcoin is not really controlled by one or two organizations or projects. Celsius could freeze everything or ruin its position in the market. But Bitcoin will run at its own pace. Actually Blue Whale and Institutional investors are waiting for the position of reduction or dip where some are worried about about reducing the price. Finally, I will say one thing, where your end, some one will start. Once the bearish market is crossed, the situation of Bitcoin will be more dynamic than before.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Rufsilf on July 08, 2022, 06:28:47 AM
snipped...
This kind of news comes only when the market goes into recession. Bitcoin is not really controlled by one or two organizations or projects. Celsius could freeze everything or ruin its position in the market. But Bitcoin will run at its own pace. Actually Blue Whale and Institutional investors are waiting for the position of reduction or dip where some are worried about about reducing the price. Finally, I will say one thing, where your end, some one will start. Once the bearish market is crossed, the situation of Bitcoin will be more dynamic than before.
Actually, no one controls Bitcoin, only just to happen than some big institutions wanted to do so and try to manipulate the market by simply creating FUDS and spreading fake news to give worry. Weak hands could be their target, that actually they win from them but this never happens to those who are holding strong and have faith.

We've come to this moment not by seeing it was an end but have considered this as a great buying opportunity that most are waiting for.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Afterclap on July 11, 2022, 05:01:00 AM
I think it’s too early to say anything about bitcoin at the moment. I agree that it is showing a huge crash at the moment but I am sure that it will bounce back and help us maximise our profits.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: landheer on July 11, 2022, 07:24:03 AM
the answer? NO!
In my view, bitcoin will be of higher quality, maybe there is a decline in the current time but that doesn't mean it will end. seen from any perspective, bitcoin enthusiasts are now increasing and have a high chance and are very suitable for investing with bitcoin because the limited supply makes everyone want to invest in bitcoin and in my opinion even though there is a price drop? it doesn't mean it will sink and die. precisely when the price drops, the price will jump further up, because people who are interested in bitcoin will definitely wait for the price to go down and buy it... and there are a lot of enthusiasts


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 12, 2022, 02:08:43 AM
The end of Bitcoin had been predicted by many "experts" ever since Bitcoin came to its existence. BTC does have its own flaws which are being looked at as time goes by but I don't see technological advancements fast enough in the next 2-5 years that would phase out Bitcoin.

That's certainly true, mate. Bitcoin will only die if a new technology proves to be superior in the future. If something better than Blockchain comes up, then it will be the end of Bitcoin as we know it. But given that Bitcoin is open source, it's likely the community will alter its code to adapt the cryptocurrency to the new technology. If that happens, then Bitcoin would be truly "immortal". The reason why so many people are saying Bitcoin is dead it's because of the low market prices. But deep inside, Bitcoin is alive as ever.

The blockchain is still running with thousands of miners and nodes maintaining it. This tells us Bitcoin is not dead yet. Development is still happening behind the scenes, so there's that. No matter how many bear markets Bitcoin goes through it will always emerge victorious because of its decentralized and censorship-resistant design. It wouldn't had been like that if BTC were centralized. We should stop focusing on BTC's price in Fiat terms and start using it as a currency. Not only you'd be contributing to the crypto economy, but you will also be making Bitcoin stronger than ever. Who knows if Bitcoin's constant success will lead Fiat towards its demise within the not-so-distant future? Just my opinion :)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: libert19 on July 12, 2022, 04:40:57 AM
I have something to cliché to say, whatever is bound by time must die (sooner or later). Anyhow, these threads are seen in every market cycle, Bitcoin and crypto will do fine until proper replacement arrives.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Fireebrand on July 13, 2022, 10:47:45 AM
It’s natural for newbies to be afraid because they have never seen anything like this before. But if we talk about the whales, they know that the bitcoin will bounce back and to a greater price. This is a reason why there are bitcoin purchases still going on.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: GeraldTucker on July 15, 2022, 04:07:05 AM
Bitcoin has the largest market cap and is the most adopted crypto. There are many other weak cryptos that might end but not Bitcoin.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Cryptmuster on July 15, 2022, 08:10:40 AM

This kind of news comes only when the market goes into recession. Bitcoin is not really controlled by one or two organizations or projects. Celsius could freeze everything or ruin its position in the market. But Bitcoin will run at its own pace. Actually Blue Whale and Institutional investors are waiting for the position of reduction or dip where some are worried about about reducing the price. Finally, I will say one thing, where your end, some one will start. Once the bearish market is crossed, the situation of Bitcoin will be more dynamic than before.

During the accumulation period, the main task is to buy as much as possible at the lowest price. Since the bear market does not last for a relatively long time, I assume that the set of positions will continue for a long time and perhaps the price of bitcoin will still fall lower, I don’t know how significantly, but this should be expected since more and more people will eventually lose faith and leave the cryptocurrency market. And after everyone has gained their positions, the market will begin to grow again, there will be large volumes and great interest in the growing market, as it has always been.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: hZti on July 15, 2022, 08:36:21 AM
Bitcoin has the largest market cap and is the most adopted crypto. There are many other weak cryptos that might end but not Bitcoin.

It is not only about the market cap, but about the brand bitcoin. If people talk in TV about crypto they will for sure mention bitcoin but only in some cases mention another currency. For a lot of people crypto = bitcoin and this will stay like this probably forever. The only time people speak about other coins is when there is a shitcoin having a huge pump, but that is mostly forgotten after a few weeks.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Jo_Liu on July 15, 2022, 10:08:37 AM
I gonna go with NO. The Bitcoin ecosystem is still developing, making it possible if not likely that Bitcoin itself will continue to evolve over the coming decades. But I think your worry is defenitely not out of nowhere. Because however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached. So if you mean an end in this way, it do make sense :)However, it is not yet, I think.It is not approaching its end.
https://xtrading.com/financial-questions/is-bitcoin-dead/
 


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Natalim on July 15, 2022, 01:37:47 PM
Bitcoin has the largest market cap and is the most adopted crypto. There are many other weak cryptos that might end but not Bitcoin.

It is not only about the market cap, but about the brand bitcoin. If people talk in TV about crypto they will for sure mention bitcoin but only in some cases mention another currency. For a lot of people crypto = bitcoin and this will stay like this probably forever. The only time people speak about other coins is when there is a shitcoin having a huge pump, but that is mostly forgotten after a few weeks.
Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 18, 2022, 01:20:23 AM
Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.

Exactly. Despite the dip in market prices, Bitcoin is still the #1 cryptocurrency in the world. It will never die as long as there are supporters behind it every step of the way. People got it all wrong when they say "Bitcoin is dead". They're just basing themselves on market prices instead of what matters most (which is mainstream adoption/utility). Believe me, there's more to Bitcoin than meets the eye. Sooner or later, prices will rebound because of the cryptocurrency's finite supply. It's simple economics based on the rules of supply and demand. Unless a technology superior than Blockchain comes up, Bitcoin won't be going anywhere soon. Just my thoughts ;D


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: BALIK on July 18, 2022, 01:54:33 AM
Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.

Exactly. Despite the dip in market prices, Bitcoin is still the #1 cryptocurrency in the world. It will never die as long as there are supporters behind it every step of the way. People got it all wrong when they say "Bitcoin is dead". They're just basing themselves on market prices instead of what matters most (which is mainstream adoption/utility). Believe me, there's more to Bitcoin than meets the eye. Sooner or later, prices will rebound because of the cryptocurrency's finite supply. It's simple economics based on the rules of supply and demand. Unless a technology superior than Blockchain comes up, Bitcoin won't be going anywhere soon. Just my thoughts ;D
In the short term, the bitcoin price will also be affected somewhat by the shitcoin crash, which panics investors leading to panic selling, but it certainly won't last and bitcoin will recover.

Bitcoin is exempt, no matter what the market gets worse for whatever reason bitcoin will be affected but only in the short term. In the long run, nothing can stop bitcoin from rising again, bitcoin collapses only when we no longer support it, no longer needed. But there's no way we're giving it up, people are scrambling to own it.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Fortify on July 18, 2022, 12:06:38 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Bitcoin is going to be around for a long time and arguably will never disappear now. At best case scenario it takes back off like a rocket, a way to vastly drop the amount of energy it uses is found and the transaction speed is sped up - making it a real contender against other instant payment platforms out there. Worst case scenario, it loses most of its value and becomes a hollow community, however it will always have a residual price due to the mass following it once caused and the sheer novelty factor is appealing to many. For it to collapse this bad a lot of government bans would have take place or a major security weakness being exploited.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: blue_hurricanger on July 18, 2022, 02:52:34 PM
Not the end but I do think BTC lose some steam against ETH. This, of course, has been saying among ETH hardcore fans for a while, all 'the flippening' and stuff. But recently, if you look at the chart you will see ETH seems better in the recovery as the whole market back to green. I suspect this is thanks to ETH PoS rally before the mainnet merge in around 2 months. Even if the whole crypto market somehow falls shot, back to bear mode, I think ETH might outperform BTC and slowly encircle BTC and come closer to the 'the flippening'.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: DVlog on July 18, 2022, 04:02:06 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, we are witnessing the end but not for crypto. Many things will be ended by crypto. The unethical intervention of govt to our economy, one country's currencies sovereignty, force, and unreasonable tax implementation from the govt and many more. This all will be fade away once the whole society adopt decentralized economy.

Right now we are seeing some downside of it but that's normal. Gradually we will overcome this type of problems and the market will be more matured over time.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: theCommittalist on July 18, 2022, 04:52:23 PM
No ;D

We are merely witnessing the beginning of Bitcoin

We are not even at the end of the beginning yet

Money has a dark side to do with the fulfilment of desire

Some call it the root of all evil so it runs very deep & is going to be a pain to dig up

Bitcoin will take decades, even centuries to properly establish

This is the currency of the new global state paradigm

The new world order

It is what it is :P


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: amishmanish on July 18, 2022, 05:36:26 PM
I think you might have noticed the recent prices of bitcoin. It has shown impressive gains in last 5 days. There is no such thing that bitcoin going weak,  Bitcoin is not a share, nor its a currency. Its a technology. It is bound to go up and up


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: virasisog on July 18, 2022, 06:10:46 PM
The end of Bitcoin won't happen for now. We should know that the market has been through this kind of situation for several years. We've also witnessed how Bitcoin has fallen and struck a good price during the ATH so the current situation isn't enough for us to doubt it again. It's part of the crypto cycle and it's an open opportunity for everyone to accumulate Bitcoin while its price is still cheap. Bitcoin still has a lot to offer us and we only have to be patient.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: carlfebz2 on July 18, 2022, 08:34:32 PM
The end of Bitcoin won't happen for now. We should know that the market has been through this kind of situation for several years. We've also witnessed how Bitcoin has fallen and struck a good price during the ATH so the current situation isn't enough for us to doubt it again. It's part of the crypto cycle and it's an open opportunity for everyone to accumulate Bitcoin while its price is still cheap. Bitcoin still has a lot to offer us and we only have to be patient.
Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.

Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.

Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into  those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: freedomgo on July 18, 2022, 09:13:47 PM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say.  This isn't the first time Bitcoin had a huge crash.  Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH.   If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.
Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. Bitcoin has never survived its existence for a decade combatting all the negative attacks if it will only fall as easy as this. Of course, we can always expect for a price crash if the market is in deep bearish, but once it starts to recover, then bitcoin will also start to show its progress and price starts to skyrocket too.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: suzanne5223 on July 19, 2022, 10:43:04 AM
I keep asking myself this question. Is it that some people never understand the 4years cycle of the crypto market or they don't want accept the fact about it because every season of the crypto market is bearish what we always see is some people asking diverse questions about the market coming to end and for the record every market has its own winter season.
I believe we should alright know this because there's always time to sow and time to reap and the winter season is the time to sow in the crypto market instead of people complaining about the market price or coming to end accumulate as much as you can.

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say.  This isn't the first time Bitcoin had a huge crash.  Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH.   If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.
Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. [snip]


Having said that, the current surge in the price of the market is the normal slight surge the market always experiences during a bearish market but that doesn't mean the bear is over and it a sign that we can see another bottom price.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: cr1776 on July 19, 2022, 07:32:48 PM
If anything we are approaching the end of Celsius and their ilk.  It has been like a broken record for 12 years now: if you don't control the keys, you don't own the coins, you are just a creditor.  Anyone promising huge returns is taking huge risks and if they tell you otherwise they are lying.  

In 2022 it is just a bit slicker than it was in 2010-2018 or whatever.  It is the same garbage though and still no one has learned about the risks you take when you don't own your coins and 'lend' them (unsecured no less) to other people.

Same advice as before: Stay in bitcoin, don't keep your coins on an exchange, don't lend them out etc.  If you must exchange for fiat, transfer to a reputable exchange and sell right away.

None of this is a reflection on bitcoin, it is reflection on people not using common sense to safeguard their assets.  So, no, bitcoin is not ending.  And I suspect neither are people taking huge risks with their coins and then later coming to regret it like recently.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Doan9269 on July 19, 2022, 09:56:04 PM
Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. Bitcoin has never survived its existence for a decade combatting all the negative attacks if it will only fall as easy as this. Of course, we can always expect for a price crash if the market is in deep bearish, but once it starts to recover, then bitcoin will also start to show its progress and price starts to skyrocket too.

Alot needed to be understood well about bitcoin price that not all the time it run dil create fear of missing out, bitcoin usually goes volatile just to give room for more investors and to make profit on a short or long time period, what people says about bitcoin tends not to be the real reality in it, they only say that to discourage users from investing more on bitcoin, either rising or falling bitcoin is progressing which many don't know.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: adzino on July 19, 2022, 11:21:55 PM
You know it is time to invest as much as you can, when you see people start saying that it is the end of bitcoin. You would be super rich by now. Have you seen how many times "those media and experts" said bitcoin is going to die "soon" when the price crashes?
Well, look at the price now. It is no longer below $18,000 (when you made the post). If you had invested when you created this thread, you would have made some nice sweet profits by now!


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Rigon on July 19, 2022, 11:37:01 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Bitcoin never ends. Bitcoin will never end even if there is a lot of pressure from above and even if various governments ban its use, someone will grab it and use it.Because Bitcoin is now very popular all over the world and every country has Bitcoin transactions. I believe this bitcoin is never going to end and never will.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: dunfida on July 19, 2022, 11:50:46 PM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
Bitcoin never ends. Bitcoin will never end even if there is a lot of pressure from above and even if various governments ban its use, someone will grab it and use it.Because Bitcoin is now very popular all over the world and every country has Bitcoin transactions. I believe this bitcoin is never going to end and never will.
You do have the point but we know that things cant last forever thats why risk management is a must thing to be considered once you do step your foot into crypto investment.
We've been here already on a decade and we've seen lots of criticisms and bans and prohibitions about bitcoin or been thrown into even though it does have lots of crashes happen but
still turns out to recover no matter what and that surely indicates that there are indeed a strong support for this one and its evident on just simply seeing on where it do sits on this crypto
space which had been sitting around rank 1 or over the top since from the start of this market.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 20, 2022, 01:20:02 AM
Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.

Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.

Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into  those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.

The constant ups and downs in price are largely attributed to the small size of the crypto market (low liquidity) and lack of regulations. This has been something normal ever since Bitcoin was first listed on an exchange around a decade ago. People are just saying "Bitcoin is dead" because of the market prices going all the way down the drain at a very fast pace. They think Bitcoin is all about money, when in fact, it's more than that. It's a movement, a revolution meant to change our world for the better. I'd focus more on the technology than just relying on it as an investment.

One thing for sure is that it'll never be the end of Bitcoin because of the way it was designed. There are thousands of nodes and miners spread across the globe supporting the Blockchain in every way. For Bitcoin to die, either Quantum computers "crack" the Blockchain or all nodes stop supporting the network altogether. I don't see this happening anytime soon as Bitcoin grows stronger everyday. What we're seeing now, it's just something temporary that will slowly fade away once the hype is revived again. What matters is decentralization above all else. As long as this is prioritized, Bitcoin will last a lifetime. Just my opinion :)


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: DOPECOINRULES on July 20, 2022, 02:53:42 AM
The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

The Blockchain et al has just began,
AI & Blockchain can save lives if implemented correctly.
my team and i are currently waiting on a Pending Patent that could protect children and  save millions
Approx 1 Million kids go missing every year worldwide
Vehicles have had this tech 30 years do the math
looking for innovators



Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: btc78 on July 20, 2022, 03:04:49 AM


With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
we are gradually approaching to another hyping and will soon reach another ATH  ;D

https://coinmarketcap.com/

yeah there are a continues dropping happens recently , but nowadays ? bitcoin is impressing investors by moving high for the last 3 days .
so maybe there are another good thing to expect in the next few weeks or months .


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: theCommittalist on July 20, 2022, 12:45:44 PM


With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?
we are gradually approaching to another hyping and will soon reach another ATH  ;D

https://coinmarketcap.com/

yeah there are a continues dropping happens recently , but nowadays ? bitcoin is impressing investors by moving high for the last 3 days .
so maybe there are another good thing to expect in the next few weeks or months .

Whoop whoop ;D


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: mayfair_coin on July 20, 2022, 12:57:17 PM
No, It is not completely correct to think so because people have not fully understood the meaning of Blockchain and cryptocurrency right now and if china has kept the ban then it does not mean that all the countries will make it. somewhere with bitcoin, This world will become more transparent and we can all live in a secure Environment.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: TheGreatPython on July 21, 2022, 07:12:27 PM
Bitcoin has the largest market cap and is the most adopted crypto. There are many other weak cryptos that might end but not Bitcoin.
It is not only about the market cap, but about the brand bitcoin. If people talk in TV about crypto they will for sure mention bitcoin but only in some cases mention another currency. For a lot of people crypto = bitcoin and this will stay like this probably forever. The only time people speak about other coins is when there is a shitcoin having a huge pump, but that is mostly forgotten after a few weeks.
Branding of bitcoin is very important. I mean I know that there isn't a company behind it doing marketing, but it has marketing of its own and brand of its own without needing us. This is why I agree that we shouldn't really be doing anything that would be considered as marketing for bitcoin while looking like owners, we can't do that.

We could however support it like fans and that is what the whole world is doing. Even El Salvador making it a legal tender is literally being a fan of bitcoin, but as a government and not as a person (or maybe person, since president did it). This is how you grow bigger, and this is how bitcoin becomes more known and liked as well.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: lionheart78 on July 21, 2022, 07:21:57 PM
yeah there are a continues dropping happens recently , but nowadays ? bitcoin is impressing investors by moving high for the last 3 days .
so maybe there are another good thing to expect in the next few weeks or months .

I think the next few months is still normal with sideways, lower lows, and lower high trend.  The current bitcoin rally is just a relief rally that was long overdue.  It just happened these last 3 days.  Aside from that, the current surge is possibly some people from China moving their funds to BTC due to the fear of Banks transitioning their savings accounts to an investment account and forbidding them to withdraw just like what happened in one of China's banks.  Aside from that, the speculation about FED getting easier on the rate hike in their next meeting.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Codswallop on July 22, 2022, 10:02:11 AM
We can’t say whether it's over or not now. Personally, I still feel this is just a phase and will be over soon. Bitcoins have a lot of potential and it is not the end of it.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Osteoid on July 25, 2022, 10:53:04 AM
I know handling this market crash is a bit difficult but I can assure you this is not just the end. Bitcoins have a long way to go and this downtrend will get over soon. Praying to see a surge in the prices soon.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: n0ne on July 25, 2022, 06:46:40 PM
Often we get to see such news and these incidents of celcius, Luna are part of the market. It is our own understanding whether to take into consideration and end our participation into the market or just develop trust over the bitcoin and other cryptocurrencies that are good. It doesn't make sense to think of bitcoin towards the end. Always we can see the market experience such moves, but it should strengthen us and not develop negative thoughts over bitcoin.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: carlfebz2 on July 25, 2022, 08:28:23 PM
Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.

Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.

Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into  those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.

The constant ups and downs in price are largely attributed to the small size of the crypto market (low liquidity) and lack of regulations. This has been something normal ever since Bitcoin was first listed on an exchange around a decade ago. People are just saying "Bitcoin is dead" because of the market prices going all the way down the drain at a very fast pace. They think Bitcoin is all about money, when in fact, it's more than that. It's a movement, a revolution meant to change our world for the better. I'd focus more on the technology than just relying on it as an investment.

One thing for sure is that it'll never be the end of Bitcoin because of the way it was designed. There are thousands of nodes and miners spread across the globe supporting the Blockchain in every way. For Bitcoin to die, either Quantum computers "crack" the Blockchain or all nodes stop supporting the network altogether. I don't see this happening anytime soon as Bitcoin grows stronger everyday. What we're seeing now, it's just something temporary that will slowly fade away once the hype is revived again. What matters is decentralization above all else. As long as this is prioritized, Bitcoin will last a lifetime. Just my opinion :)
Once they had step their foot into this market then they should at least make themselves fully aware on how volatility works and how unpredictable market do really looks like though for starters then it is really normal to commit out some mistakes or errors but if you are constantly making out mistakes despite of the long duration you've been here on this market then there's something wrong with you.

Doubts about other matters is normal but most of the time this would be talking emotional aspect.We arent that dumb on not to notice out those common things attached and
what problems it do causes and on the time they are seeing this market is declining then this is where they do start on freaking out and making such conclusions which arent even
realistic.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Docnaster on July 26, 2022, 07:59:13 AM
Often we get to see such news and these incidents of celcius, Luna are part of the market. It is our own understanding whether to take into consideration and end our participation into the market or just develop trust over the bitcoin and other cryptocurrencies that are good. It doesn't make sense to think of bitcoin towards the end. Always we can see the market experience such moves, but it should strengthen us and not develop negative thoughts over bitcoin.

I still do not understand how and why people think that bitcoin can end unexpectedly because of the price going downward. I don't understand how they think that I will sell my bitcoin, you will sell your bitcoin and everyone that has adopted bitcoin will sell theirs and then the whales sell off too and then crash bitcoin price to $0. How possible is that?
As you are selling your bitcoin, I am buying it, as I am selling mine the whales are buying it. That is how the circle continues.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 28, 2022, 01:07:02 AM
Once they had step their foot into this market then they should at least make themselves fully aware on how volatility works and how unpredictable market do really looks like though for starters then it is really normal to commit out some mistakes or errors but if you are constantly making out mistakes despite of the long duration you've been here on this market then there's something wrong with you.

Doubts about other matters is normal but most of the time this would be talking emotional aspect.We arent that dumb on not to notice out those common things attached and
what problems it do causes and on the time they are seeing this market is declining then this is where they do start on freaking out and making such conclusions which arent even
realistic.

Noobs are mostly driven by emotions rather than facts. They only want to get rich quick, so their expectations is for Bitcoin to continue rising in price at a non-stop rate. But you and I know that's not the way it works. Bitcoin isn't actually dead, but rather experiencing a temporary downfall in price that would lead it towards higher gains in the future. This is a period some call "market correction" or "crypto winter".

We should take advantage of this opportunity to buy more Bitcoin at a discounted price. There's more to the cryptocurrency than meets the eye. With how fast Fiat is losing purchasing power due to inflation, people will ultimately resort to Bitcoin as a safe haven. It's the next Gold that will take the world by storm. Let me tell you that Bitcoin's been declared "dead" many times, but it always went back bigger and stronger than ever. When BTC goes to $1m, we will remember this day when it was "extremely cheap" to buy. Just my thoughts ;D


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Biscutard on July 28, 2022, 04:12:58 AM
Once they had step their foot into this market then they should at least make themselves fully aware on how volatility works and how unpredictable market do really looks like though for starters then it is really normal to commit out some mistakes or errors but if you are constantly making out mistakes despite of the long duration you've been here on this market then there's something wrong with you.

Doubts about other matters is normal but most of the time this would be talking emotional aspect.We arent that dumb on not to notice out those common things attached and
what problems it do causes and on the time they are seeing this market is declining then this is where they do start on freaking out and making such conclusions which arent even
realistic.

Noobs are mostly driven by emotions rather than facts. They only want to get rich quick, so their expectations is for Bitcoin to continue rising in price at a non-stop rate. But you and I know that's not the way it works. Bitcoin isn't actually dead, but rather experiencing a temporary downfall in price that would lead it towards higher gains in the future. This is a period some call "market correction" or "crypto winter".

We should take advantage of this opportunity to buy more Bitcoin at a discounted price. There's more to the cryptocurrency than meets the eye. With how fast Fiat is losing purchasing power due to inflation, people will ultimately resort to Bitcoin as a safe haven. It's the next Gold that will take the world by storm. Let me tell you that Bitcoin's been declared "dead" many times, but it always went back bigger and stronger than ever. When BTC goes to $1m, we will remember this day when it was "extremely cheap" to buy. Just my thoughts ;D

I couldn’t agree more to this because many followers of bitcoin have expected they will be instantly rich just by investing in bitcoin. They didn’t know that there are a lot of factor that could cause temporary downfall of bitcoi and this time, those negative thinker will always something about it that isn’t applicable. Great loss is a one step away for great income and it always takes time for bitcoin to settle.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: cloudfir3e on July 28, 2022, 04:43:48 AM
how long have you known or studied cryptocurrency?

too soon for you to conclude about the end of bitcoin.
bitcoin was the first crypto asset and became the forerunner of cryptocurrency,
bitcoin itself became the first digital coin to successfully develop and until now it still has many investors who hold bitcoins until the total supply in the crypto market is almost at its peak or exhausted. there are also several companies that accept bitcoin as a medium of exchange, with the development of technology can make more investors and leading companies will use bitcoin.
from this it can be concluded that bitcoin is indeed a viable and bright investment asset in the future so it is very unlikely to be destroyed.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Franctoshi on July 28, 2022, 06:04:34 AM
Bitcoin will definitely rise again and this is just part of the journey , even in this life there's no straight road to a journey we move ups and downs until we get to our destination and those ups and downs gets us stronger as we move, so it is same on Bitcoin and this is just part of Bitcoin's journey to become successful in the future , Therefore this test of time will make Bitcoin get more stronger and continue its rides.
Generally , Bitcoin cannot become successful in the future as we hope without a success story and this is the part of the story.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Isoprofit on July 28, 2022, 06:07:05 AM
We can only predict how bitcoin will move in the future and that’s what we will base our decisions on. But we can be wrong anytime if the market takes a sudden turn. I am not sure how other traders think it will behave in the future but I am sure that it is here to stay in the race for long.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Mauser on July 30, 2022, 07:57:13 AM
With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

No I don't think we are witnessing the End of the crypto currency era right now. You are right that most coins fell a lot this year, but so did the other major asset classes like stocks. Nasdaq is down more than 20% YTD, Euro Stoxx 50 is down more than 15%. Cryptos are down more than stocks given their higher volalitity, which also means they will rise more when prices are recovering. How can Bitcoins come to end when there is still a lot of demand for it? As long as there are investors who are looking to buy new coins and investors who are unwilling to sell theirs the market will continue. For bitcoins do be declared dead the price would need to drop down to 0.1$, and I don't see any chance of this happening any time soon. It took so long for bitcoins to become mainstream and be accepted all around the world, it would be wrong to give it all up now.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Lida93 on July 31, 2022, 08:52:25 AM
Bitcoin just like every other system that is decentralized is one that is controlled by the invincible hands of demand and supply, and this is what is into play at moment by which it's value is affected, the drop down we're experiencing can drastically make an upturn overnight that will  change everything about the value even more higher than it is now.
So for me, the current downsides is not a yardstick to say Bitcoin will fade away. If you look well Bitcoin is not the only digital asset that's been negatively affected in the market.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Ebede on July 31, 2022, 09:18:42 AM
We can only predict how bitcoin will move in the future and that’s what we will base our decisions on. But we can be wrong anytime if the market takes a sudden turn. I am not sure how other traders think it will behave in the future but I am sure that it is here to stay in the race for long.
The prediction of cryptocurrency is not what can make cryptocurrency value to be recognised in the world. The tradition is just like telling people what you feel like will be the price on the currency anytime he returned to Market anything is out of market. Bitcoin is something that You cannot know the value on less the market changes. I believe that Bitcoin have a long way but that is why people is predicting with them


Title: Re: Are we rapidly approaching towards the end of humanity?
Post by: nullius on July 31, 2022, 09:58:41 AM
:o :o :o :'( :'( :'( 😿 😿 😿

https://i.imgur.com/i4lAXOv.png

An antidote to all of the weak hands in this weak, weak, weak-hands thread:

Bitcoin just like every other system that is decentralized is one that is controlled by the invincible hands of demand and supply, <...>

:o

Beyond strong hands—

Beyond diamond hands—

Beyond Saylor-hands—

INVINCIBLE HANDS!

I am nobody, of nothing.  I am invisible—and I am invincible!  Malapropos nothing, my invincible hands control Bitcoin.  Fear my invincible hands, for the penis mightier than the sword: ✍️


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: Abiky on July 31, 2022, 01:33:20 PM
how long have you known or studied cryptocurrency?

too soon for you to conclude about the end of bitcoin.
bitcoin was the first crypto asset and became the forerunner of cryptocurrency,
bitcoin itself became the first digital coin to successfully develop and until now it still has many investors who hold bitcoins until the total supply in the crypto market is almost at its peak or exhausted. there are also several companies that accept bitcoin as a medium of exchange, with the development of technology can make more investors and leading companies will use bitcoin.
from this it can be concluded that bitcoin is indeed a viable and bright investment asset in the future so it is very unlikely to be destroyed.

Bitcoin is the original cryptocurrency project that started it all, so it's highly unlikely it'll die anytime soon. It's been 13 years since BTC's inception, and there hasn't been any indication of the Blockchain seeing its last days of life. Unless a superior technology than Blockchain comes up, Bitcoin won't go anywhere soon. The ones who really believe Bitcoin is dead are newbies who're just starting their journey in crypto/Blockchain land. They believe it's all about market prices, when in fact, it's all about the network.

As long as the network is healthy and actively-supported by the community, we should have nothing to worry about. Just my thoughts ;D


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: jhonjhon on July 31, 2022, 01:58:55 PM
I don't believe that bitcoin will disappear since, as you can see, it is growing and yet many states are now accepting long-term investments in it. Bitcoin still exists even if some people try to discourage it or cast doubt on it.


Title: Re: Are we gradually approaching towards the end of Bitcoin?
Post by: theCommittalist on August 11, 2022, 10:42:58 AM
Decriminalization & the fair distribution of our most lucrative & beneficial international resource, hemp cannabis, is our communist revolution.

Decentralization & the gradual rolling out of opportunity for anyone & everyone to create personal wealth, which inevitably returns to the wider economy, is our capitalist revolution.

We are Committalists 8)

BTC & MMJ are emerging hand in hand to symbolise the real terms universal improvement of global culture we are going to be witnessing through the twenty first century. Sure, we might not all quite get there, but we as a people are going to get there, & those of us with eyes to see at least caught the sunrise. We have seen the light!

Long live the gains. Vires in numeris.