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Author Topic: I heard some the people in BD that "bitcoin will die" is that true?  (Read 1932 times)
canah17 (OP)
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October 23, 2016, 04:21:18 PM
 #1

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<
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October 23, 2016, 04:27:24 PM
 #2

Next time try to have a bit more of a concise point, a majority of the sentences after your first portion were unnecessary.

As for people saying that Bitcoin will die, a majority of the time they're just spreading FUD. Unless they have a lot of information to back it up, ignore them. The price has been up from a few months ago, and it's still going fairly strong. There is a huge discrepancy between their claims and reality.
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October 23, 2016, 04:35:31 PM
 #3

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<

they have been saying bitcoin is going to die soon for ages. just google it and you will find out all the obituaries written for bitcoin, they are all B.S. but if you are afraid it is your money you should decide for yourself.

there was a site like bitcoinobituaries.com i can't remember, it is fun to see.

to the moon with bitcoin...
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October 23, 2016, 04:45:18 PM
 #4

that was often being said and they keep on predicting that bitcoin will shutdown soon but bitcoin is still working up to now and it is still the leading cryptocurrency . i am not very knowledgeable about bitcoin but i know and i believe that bitcoin will not going to die .
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October 23, 2016, 04:47:45 PM
 #5

anything can die. most things do die eventually. when people talk about it here, they're usually trying to scare someone into doing something.

the tone of your post sounds like someone who's overinvested. no one should bet everything on one thing. do some diversification.
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October 23, 2016, 04:49:01 PM
 #6

You should not be holding value as bitcoin that you would be devastated to lose.  Bitcoin is an extremely risky, highly volatile, experimental system. There is a lot of long term potential. It could be very successful.  There is also a lot of risk, and it could fail miserably.

If you woke up tomorrow and bitcoin was worth $0.01 per BTC, would you be devastated financially?  If the answer is yes, then you are holding too much value as bitcoins and you need to immediately convert some of that into something more stable.
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October 23, 2016, 04:49:15 PM
 #7

Btc has been dead for a long time, only to those who don't care for it.
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October 23, 2016, 04:53:01 PM
 #8

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<

If you really put yourself in a deep thinking, ask yourself how bitcoin will die? Yes it's possible but look at the current status of it today.

It will happen slowly and not instant so still you can take advantage of your current holdings of bitcoin. And besides no one can predict the future so how come you easily believe with those claims without any reasonable basis.

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October 23, 2016, 04:57:59 PM
 #9

This is like the nth^nth time being discussed here in bitcointalk lol. I've been through several crazy price swings but still bitcoin remains standing and being widely used by many people. For bitcoin to "die", that means the internet should die too, along with it, also the mining scene, the user-base, and so on.. Price doesn't dictate everything in a coin. As long as there is continuous support from the devs and most especially from the community, it will continue to thrive no matter how shit it is in the moment.

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October 23, 2016, 05:11:43 PM
 #10

It's depends on the demands, bitcoin will be.
If you see now the price is it can be said that stable than few months ago, it's means give a signal if people start to use bitcoin as currency. Although we don't know the future. At least bitcoin still supplying until 2024 Grin
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October 23, 2016, 05:15:27 PM
 #11

If you woke up tomorrow and bitcoin was worth $0.01 per BTC, ...
I'd buy like a few thousand of them. If there is somewhere to buy them, as they might all be closed if that happened.

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October 23, 2016, 05:20:27 PM
 #12

This is the local joke with us, every time we hear Bitcoin has died, we add it to the obituaries :

https://www.reddit.com/r/Bitcoin/comments/4pr4wz/bitcoin_has_died_106_times_this_is_the_bitcoin/

Just love the song, it is soooo applicable to Bitcoin.  Grin.... We are still here and kicking like crazy!!!

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October 23, 2016, 05:27:54 PM
 #13

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<

Sometimes we just need to clear things out before believing in those articles or anything we read on. It's not wrong to believe since it's possible but why take that directly in the end.

You can clearly see how bitcoin will run for a long term as an investment. If you care for the future, you can see how you will benefits with bitcoin today so that in case of sudden fall you keep up with that advantage. So what to do? Don't just hold and play with the market.
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October 23, 2016, 05:28:18 PM
 #14

If you woke up tomorrow and bitcoin was worth $0.01 per BTC, ...
I'd buy like a few thousand of them. If there is somewhere to buy them, as they might all be closed if that happened.
Same here it is good news for me if it can be happen.. but it is impossible to happen because the price of bitcoin is always relaying in demand and supply  and i think there is people or holders are forgot their wallet accounts or for long term holders maybe they are already died and their bitcoin was stuck in their wallet.. so the price will not go down in that price it is impossible to happen..
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October 23, 2016, 05:29:01 PM
 #15

Well, I guess nothing lasts forever in this world, so bitcoin surely die. but, I guess it will never die if there are still people who use them, especially if it is something that is very valuable. bitcoin currently has a high price, and most likely this will continue, so I guess we do not know when bitcoin die, but I know that bitcoin will keep growing

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October 23, 2016, 05:30:21 PM
 #16

i am not agree with this, i hope that bitcoin is not going to die, but is becoming more and more strongr as the time pass. we can see that people are investing their money and now they are using it for online shopping and also for shopping in their local markets.
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October 23, 2016, 05:32:41 PM
 #17

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<

You should not always listen or believe what others say about a thing, doing your own research on something you hear is the best option instead of getting worried about that thing, and the ones who keep saying bitcoin will die does not know anything nor do we know, but the things we can see right now probably indicates towards a better future of bitcoin but not towards its death.
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October 23, 2016, 05:33:05 PM
 #18

I would still probably think that who ever says bitcoin will die sooner or later as a strategic plan. This might increase nor decrease the current bitcoin price the only thing is for sure that price would be affected. Anyways doubts would always be  a part of this platform me myself also do have some doubts but in the first place you would not lose something that you don't have in the first place.
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October 23, 2016, 05:35:02 PM
 #19

I am really scared of bitcoin will die because saved up bitcoin in my wallet then i looked up to the bitcoin discussion i read that "bitcoin will die" then i realize that if bitcoin will die i can't spend anymore of my bitcoin all my savings will be for nothing then now i cant think of buying things because in my country they don't accept bitcoin and i have buy up things in the past for now i am saving money for my future kids but still my dream will be dead so as my savings if bitcoin dies! >.<

No one can accurately say what will happened in bitcoin in the future. No such basis we can think about it either. If it's purely discussion then we can't consider it as a valid facts. All in all, people there in your so called "bitcoin will die" topic are just exchanging opinions.

We are not erasing the possibility that bitcoin will fall but for now it's hard to think of it since as time passes by, the support of the community is getting stronger. I can't show some valid proofs about that but Im sure of it. So what to do? Take advantage of bitcoin while it's still here.

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October 23, 2016, 05:41:43 PM
 #20

What is BD please ? Bitcoin is a gift from God, so no, it will never die, except if the whole humanity dies of course. And maybe it could survive to that point...

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