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Author Topic: Bitcoin has died 100 times  (Read 4849 times)
PakistanHockeyfan
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February 18, 2016, 07:33:26 PM
 #41

It never died though. There's been a preconceived notion about BTC which is rather nonexistent to the more educated personnel on the matter.
Dotnetin
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February 22, 2016, 09:49:09 PM
 #42

For whom who are panicking now. Bitcoin has already died <88> times so far.

Read... Cool
https://99bitcoins.com/obituary-stats/
i dont really understand with bitcoin has died,what that mean?is bitcoin like human,die and than life again? Grin

That is just an analogy. Many people claim that the bitcoin has no future. This has happened many times before.
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February 22, 2016, 09:54:32 PM
 #43

only 88 times? i read a lot of articles about the bitcoin dead but it was only some genuine FUD, bitcoin is here to change the world

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February 23, 2016, 12:11:23 AM
 #44

In my uber-skeptical days--roughly 2013 to 2014--I totally expected bitcoin to go to zero.  I remember when it dipped below 200, and I think that was around the time that Overstock.com started accepting it.  Or it could have been another merchant.  The word was that since they accepted btc, it was being immediately sold for fiat and was thus putting selling pressure on it. 

And then it went back up, to around 500 I believe.  And even though we've fallen back to earth, all of that stuff was enough to get me to believe that the user base was strong enough that bitcoin would not die.  And I believe that.

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aardvark15
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February 23, 2016, 12:15:43 AM
 #45

It funny how it's been declared dead so many times.  It will surely have ups and down and no one knows where it will end up.
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February 23, 2016, 01:04:58 AM
 #46

Died 88 times, but people are over reacting on the recent bitcoins halving in 3 months from now lol.

And the price jump is exciting to see after what 5-6 years now? Most are uttering to see it become $500ish in the next coming months and even after the halving..

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February 23, 2016, 01:35:45 AM
 #47

Died 88 times, but people are over reacting on the recent bitcoins halving in 3 months from now lol.

And the price jump is exciting to see after what 5-6 years now? Most are uttering to see it become $500ish in the next coming months and even after the halving..

It will die probably another 88 times on its way. Which seems to be what most skeptics say about Bitcoin.

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February 23, 2016, 01:43:41 AM
 #48

I am tired of hearing that over and over, but here we are, discussing about bitcoin, and watching it grow everyday.
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February 23, 2016, 01:47:49 AM
 #49

I wonder if we will reach number 100 this year! I would be a nice celebration. The more times Bitcoin dies, the better since it proves its resilience against desperate attackers.
Haha I love that. and haters be like "wtf i thought that shitcoins dead already".

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February 23, 2016, 06:21:47 AM
 #50

Tnx for that website as it was really interesting for a newbie like me. All i hope is that bitcoin won't die for a 89th time and will keep on going in to the future and still remain as one of the best things ever

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February 23, 2016, 03:48:07 PM
 #51

How come bitcoin can die so soon and who is predicting it. It will go long lasting then we imagine.

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February 23, 2016, 04:02:30 PM
 #52

Tnx for that website as it was really interesting for a newbie like me. All i hope is that bitcoin won't die for a 89th time and will keep on going in to the future and still remain as one of the best things ever

Well the bitcoin will still die a few times, but that is no problem for it because its always getting back up on the rails as you can see, the second thing I have to say is that the future of the bitcoin is pretty sweet this year so maybe its not dying this year.
Its of course a prediction so you will never know what will really happen.

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February 23, 2016, 04:23:38 PM
 #53

interesting facts ! i believe 2015 is the worst year for bitcoin, many times it's dropped $200 , up a little and drop again to $170 and repeat rumored died.
i don't know how many times i lost interest in bitcoin last year but now i realize that was a good proccess for bitcoin and ready to shine this year!
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February 23, 2016, 04:38:35 PM
 #54

interesting facts ! i believe 2015 is the worst year for bitcoin, many times it's dropped $200 , up a little and drop again to $170 and repeat rumored died.
i don't know how many times i lost interest in bitcoin last year but now i realize that was a good proccess for bitcoin and ready to shine this year!

Ya it is true starting and mind of 2015 was very bad with all bad news and market was not bouncing back to above $260+ level , but at the end of the year it started good run and good news started to flow and we saw just touching $500 and return back till $350+ but now it is bounce back and roaming around $400 my hope is that around mid we can expect above $500 bitcoin price in 2016
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February 23, 2016, 04:54:14 PM
 #55

woah, didn't knew bitcoin "died" multiple times and that "obituary" was enlightening and educational

i don't get why do media keep on killing bitcoin Embarrassed , as of now it was killed 93 times and still counting
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February 23, 2016, 05:17:16 PM
 #56

Just read this very enlightening thead https://bitcointalk.org/index.php?topic=1373804.0

Quote
Tactics to Be Employed by the Pseudo-Identities
Intensify Discussion: Any news that could be perceived as negative must be amplified to extremes and made into hyperbolic worst-case scenarios. The public departure of Mike Hearn from the Bitcoin space created an environment ripe for exploitation. The media got ahold of that and ran on it for days. This would have been a huge victory for subversives because it further eroded the perceived global integrity of Bitcoin both as a software and a solution. But the Hearn story is only one small example; the list of potential topics is endless: Blocks might fill up...the network will clog...nodes will crash... users will leave...Bitcoin will die!!!! Fear is not difficult to manufacture.

Depress Positive Momentum: Any story with positive attention should be downplayed while messengers of positive news should be accused of “being shills,” “scam artists,” or worse. Blockstream’s acquisition of capital and talent would, in many circles, be viewed as a net positive. Employing the simple tool of implied guilt, however, the perceived value of the asset book becomes a joke, or is used as evidence of foul play. For example: Bitcoin Core’s implementation of mempool limits to prevent the doomsday scenarios of #1 above gets spun as “another fee market!!!” Reality matters less than perception. Another victory.

Character Assassination: Identify flaws and foibles in thought leaders especially; question the integrity and good intentions of anyone who appears to possess either. Any number of names can be pointed to here. With the right amount of assets, you can accomplish quite a bit. Even if you don’t have the facts, choose potentially divisive targets and deploy your sock-puppets to make up rumors. Perception is what matters.

Instigate Fights: Mock and ridicule both sides of any disagreement that forms to accelerate existing antagonism and grow the division between disparate sides. This past month, a spam attack targeting members of the Reddit Bitcoin communities added more fuel to the fire. The message was sent from a variety of accounts, most with no posts or comments. The message was tailored to look like a personal message, championing the Ethereum platform. Naturally, this created a conflict due to the perceived competitive nature of Bitcoin and Ethereum.

Maintain Access to Pseudo-neutrality: Maintain a number of pseudo-identities with mild, thoughtful reputations to build support or ridicule when advantageous; ridicule and write off any who openly challenge your intentions; when pressed, claim objectivity. Or if reputation is not needed, go into full-blown troll mode and resort to ad hominems. This creates a scene and adds to the sense of collective group insanity, which demoralizes further.

Deny and Shift Blame: Any attempts by others to accuse of exploitation must be met by either silence or derision (situationally dependent). This is a simple tactic because it never gives any satisfaction of gains made in honest, impassioned debate. If the only result of the majority of your online debates is that you dread the replies to your posts, valuable discussion slows to a crawl.
Full article can be found here.


All those "deaths" seem to be well explained by this analysis...
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February 23, 2016, 05:25:05 PM
 #57

There is many people jealousies of Bitcoin's success since few months till now, that's why they try in vain to spread such intox and make others feel like the Bitcoin is dead, but the reality is that Bitcoin still working alive and still continuing its success
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February 23, 2016, 05:36:16 PM
 #58

If everyone think likewise the technology might have ended long ago. Death doesn't mean the failure. The drastic fall of the bitcoin has been described as death.

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February 23, 2016, 05:40:19 PM
 #59

If everyone think likewise the technology might have ended long ago. Death doesn't mean the failure. The drastic fall of the bitcoin has been described as death.
If the bitcoin has died 88 times then we have to count it more because it will not be stable and will go down and up in its price and level.

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February 23, 2016, 05:43:16 PM
 #60

If everyone think likewise the technology might have ended long ago. Death doesn't mean the failure. The drastic fall of the bitcoin has been described as death.
If the bitcoin has died 88 times then we have to count it more because it will not be stable and will go down and up in its price and level.

If bitcoin rises up to $1000 and then drops back down to $800 there will be pages upon pages of people spreading fud claiming that its dead because its dropped to $800. For as long as bitcoin is around im sure there will be people claiming the end is nigh.

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