At what exchange rate would you call Bitcoin dead?

[Frost]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

[1715448986]

1715448986

[1715448986]

1715448986

[1715448986]

1715448986

[1715448986]

1715448986

[1715448986]

1715448986

[BurtW]

$0.00, actually not that magical.

[eternalgloom]

I'd be tempted to sell if the price dropped below 10 dollars and stayed that way for more than a few months.

On the other hand, I'd probably sell everything if the price goes above 10k.

[Iranus]

Well I would never actually call it dead until it was literally worth $0 (unless fiat currencies collapsed altogether and the two were incomparable, which is extremely unlikely).  If it was under about $150, I would sell it and leave, but I think that the word "dead" is used too commonly and it takes away any genuine meaning for when things are dead.

[avikz]

I really don’t want that day to come to our life ever because I will face a huge loss and a long term plan of mine will shatter big time. However, I feel, if bitcoin goes down to $20, I would call it dead. Because, my savings will have no meaning at that price tag.

But again, if bitcoin start going down to $400 level, people will start panic selling which will increase the bitcoin supply in the market and further bring down the price. It will be a bad situation. If bitcoin dies, the crypto currency market will be in shambles for sure.

[Theb]

$0.00, actually not that magical.

Yeah that is the price of Bitcoin that will make it worthless anything below that as well. Other than that even if it is price at 1 cent per coin still has hope for recovery honestly with Bitcoin not being controlled by the government but by people who lust for wealth can make it possible to make it go down to that level of course let us not hope for the worst to come.

[Ayers]

$0.00, actually not that magical.

to reach zero it mean that was already dead before, i can call it dead when miners can no longer take any profit from bitcoin, that is dead already to me, i think under $100 the miners don't have any profit anymore and you are sure that bitcoin is doomed to fail, but i always keep wonder why bitcoin should die? there is no real reaosn when you have so many altcoin from the past that are still alive, like litecoin first case in my mind, this make me think that bitcoin will not die

[calkob]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I just cant ever see bitcoin being dead, it will never be worth $0.  lets face it the Tech is amazing it can help us do so much, but the politics is what is the problem.  There will always be some using it and i will be one of them.  but in answer to your question i would prob dump all my btc at $400 and buy back in later, but i think the dream of bitcoin in the thousands would be over.

[gentlemand]

but the politics is what is the problem. 

That's more than enough to kill it. The main problem with any crypto is the human factor but they're rather difficult to get rid of.

[batang_bitcoin]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

[ArnoldChippy]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I just cant ever see bitcoin being dead, it will never be worth $0.  lets face it the Tech is amazing it can help us do so much, but the politics is what is the problem.  There will always be some using it and i will be one of them.  but in answer to your question i would prob dump all my btc at $400 and buy back in later, but i think the dream of bitcoin in the thousands would be over.

i do not think that we can consider bitcoin as dead in any exchange, i think bitcoin is one of the most active currency of the world and hope that in future it will also remain the same.

[pixie85]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

Most of you who are saying it would sell at much higher rates. The price doesn't have to be 0 for it to be dead, because there always will be a bunch of hardcore believers that will keep it for fun or as a reminder of what it used to be, or not to miss the opportunity. If you think about it, getting the price of Bitcoin to $0 is practically impossible, even if it was proven to be bugged and compromised. There are many dead altcoins that are still trading. If Bitcoin ever goes to less than $100 it will be officially dead or maybe not completely dead but beyond recovery, abandoned by the majority of users and investors. You don't come back from a fall like that.

[20kevin20]

$0.00, actually not that magical.

to reach zero it mean that was already dead before, i can call it dead when miners can no longer take any profit from bitcoin, that is dead already to me, i think under $100 the miners don't have any profit anymore and you are sure that bitcoin is doomed to fail, but i always keep wonder why bitcoin should die? there is no real reaosn when you have so many altcoin from the past that are still alive, like litecoin first case in my mind, this make me think that bitcoin will not die

People would still mine it, I don't think they'd stop just because of a big price decrease. In 2015 the price reached ~$250 if I remember correctly, and people were still mining it, and the reason is that they are just sure the price will go high once again and they will make profit off the increase. Mining has always been profitable, unless they exchanged BTC for Fiat immediately after they mined. Bitcoin will never be dead unless nobody will be interested in it ever again. The harder it is to be mined, the higher the price goes up to.

[machinek20]

I think if the price drop lower than 100$ it will mean bitcoin is seriously damage, and it show that there are not a lot people interested anymore and trying abandon bitcoin, at that point maybe I will start to dumped my coin and find alternatives

[pixie85]

I really don’t want that day to come to our life ever because I will face a huge loss and a long term plan of mine will shatter big time. However, I feel, if bitcoin goes down to $20, I would call it dead. Because, my savings will have no meaning at that price tag.

But again, if bitcoin start going down to $400 level, people will start panic selling which will increase the bitcoin supply in the market and further bring down the price. It will be a bad situation. If bitcoin dies, the crypto currency market will be in shambles for sure.

For the $400 to happen we'd need $900 first and I'm sure many people are waiting for the price to go back below $1000 to start buying. Normally the price always tests the bottom after going up. There's no infinite rise in any stock and the lower it goes the bigger the buying pressure gets. While only a couple percent of investors would be willing to buy Bitcoin at $1200 their number would at least triple at 1000 and so on. Probably each of us in this thread would be willing to buy at $500, which makes this price practically unachievable.

[Text]

I don't have a specific exchange rate that I would consider Bitcoin as dead, I know it will not happen for now. The price is going down but that it is how it fluctuates, what ever be the value as long as there are users who are using it I will not dump my coins because I know it will rise again.

[alani123]

I think that Bitcoin has gotten to a point that demand would never die off to a point that it can be considered dead under a certain price point. The whole economy surrounding it has certainly adapted to price ups and downs so it's unlikely that Bitcoin would die after reaching a certain price.

[FlightyPouch]

It will depend on how it will affect me, bitcoin supports me financially, but not totally. I think I will leave bitcoin if it is not giving me money to support me or I need.

[Junko]

For me personally, I don't think there is a price I would call bitcoin dead and sell all my coins. Again, for me personally, I have already realized profits. If bitcoin price went to $0.00 and I didn't sell any of what i currently have, I would have still come out ahead. I figure if that scenario were to happen, I might as well just hodl on to what I have - maybe even buy more - and just let them go into hibernation for however long. Maybe bitcoin stays dead and if so, oh well. But if it happens to resurrect itself somehow, some way... well then cool.

[_Miracle]

0.00

[X-ray]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I will dump my bitcoin if the hardfork of bitcoin is on the way. I think below $800 and i will retire from use bitcoin. I'll be back if the price of bitcoin is under $300 and i will move into the another coin.
$700 is my magic number dude. I don't want if the price of bitcoin always go to the bottom.

[ArdiPrabowo]

zero dollar i will totally dump all my coins
but i think imposible bitcoin die, is die another altcoin ethereum, DASH, ripple, litecoin or monero can replace
bitcoin can die if all people not use bitcoin again, or transaction big problem unconfirmation transaction until reach million transaction every minute, nodes or bitcoin server die, maybe bitcoin can die

[neochiny]

I'd call it dead if it's below zero and stays there for several months or even a year.
Though, I'd still keep some just in case.   (But I'd probably have sold and bought multiple times before it reache zero.)

I doubt that's gonna happen, as for it to even go down to $200 is way too unlikely. If it does, it'd be
gobbled up by the whales and then held for a long long time.

[batang_bitcoin]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

Most of you who are saying it would sell at much higher rates. The price doesn't have to be 0 for it to be dead, because there always will be a bunch of hardcore believers that will keep it for fun or as a reminder of what it used to be, or not to miss the opportunity. If you think about it, getting the price of Bitcoin to $0 is practically impossible, even if it was proven to be bugged and compromised. There are many dead altcoins that are still trading. If Bitcoin ever goes to less than $100 it will be officially dead or maybe not completely dead but beyond recovery, abandoned by the majority of users and investors. You don't come back from a fall like that.

I understood your point that bitcoin doesn't have to reach at $0 before declaring as a dead coin. But those alt coins that are supposed to be dead and being chosen by other traders to keep alive are simply dead and it's value are totally lower than the usual amount of bitcoin which is centavo of dollar. Maybe when the price of bitcoin will fall lower, there are people that will do the same with bitcoin.

[ASHLIUSZ]

I'd call it dead if it's below zero and stays there for several months or even a year.
Though, I'd still keep some just in case.   (But I'd probably have sold and bought multiple times before it reache zero.)

I doubt that's gonna happen, as for it to even go down to $200 is way too unlikely. If it does, it'd be
gobbled up by the whales and then held for a long long time.

Such a downfall won't happen in the short or even in the future. The reason is that bitcoin as an innovation already got the highest acceptance than many other digital currency that came into use and got destroyed in a short. Bitcoin serves as the base for all other digital currency growth. Now too the situation is not worse, it has got the best development team who in a short will make everything in a stabilized manner.

[Mometaskers]

Anything below $500, I'd probably stay away from it. It'll take years for it to go back up to the current price, assuming people are even still interested in it. If for some weird reason it drops to, say $100, I might think of buying some. If I have some coins left when this happen, it's already probably too late to have them cashed-out so might as well keep some bitcoins as souvenir of sorts. I mean, well never know, it could probably pick up again.

As for ceiling, it probably get nervous if it ever hits $10,000. Maybe I'd sell. Problem is, everyone might also sell so the last one to sell loses.

[Vaccinus]

$0.00, actually not that magical.

to reach zero it mean that was already dead before, i can call it dead when miners can no longer take any profit from bitcoin, that is dead already to me, i think under $100 the miners don't have any profit anymore and you are sure that bitcoin is doomed to fail, but i always keep wonder why bitcoin should die? there is no real reaosn when you have so many altcoin from the past that are still alive, like litecoin first case in my mind, this make me think that bitcoin will not die

People would still mine it, I don't think they'd stop just because of a big price decrease. In 2015 the price reached ~$250 if I remember correctly, and people were still mining it, and the reason is that they are just sure the price will go high once again and they will make profit off the increase. Mining has always been profitable, unless they exchanged BTC for Fiat immediately after they mined. Bitcoin will never be dead unless nobody will be interested in it ever again. The harder it is to be mined, the higher the price goes up to.

you can have a point on this man, but think about the fact that miners now have more electricity cost than what they had in 2015, and for them mining now at the old rate of bitcoin like $250 or lower, would mean no profit, you can't compare with the past, the difficulty is very high now, the value must remain at a higher level if miners want profit

[webtricks]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Actually its not price but utility is what Bitcoin death depends upon. Maybe possibility that Blockchain got hacked, or some miss happening in Bitcoin ecosystem. Such disasters can lead to Bitcoin end. Price is not always the key to determine success or failure.

[The_Dark_Knight]

If bitcoin still had some value I will not dump it, since there could always be a chance for recovery and it will not be dead but the market cap will become way lower, the only moment when bitcoin can be called to be dead is if the value per bitcoin reaches zero.

[unanimous]

Currently the bitcoin is dead alike. it has gone devalued from $1230 to $1000

[PokerFace3]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

Even if governments do some kind of regulation against the bitcoin, that won’t kill it the bitcoin will still be used.
The price may drop yes but it won’t be long time that it will rise again, the point is as long as people keep using bitcoin and believe in it as long as the bitcoin lives even if it reaches $0.5.

[Xester]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

There is no specific rate that could kill bitcoin. The only thing that can kill bitcoin is when people lost their trust to it and if that happens people will begin to shift to other cryptocurrency and bitcoins value will turn to  zero. In that time another alttcoin will replace bitcoin and bitcoin will become useless. But its far from happening since the community wont allow it to happen.

[sunsilk]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I don't have this special exchange rate that I'll dump all my coins. Instead I'll simply sell some of my coins when the price is already $1,500 - $2,000.

Right now well things are becoming crazy because of issues with this rogercoin. But telling that bitcoin will be drop dead very soon or will be dump at a certain amount.

I don't have that.

[Chevas Regal]

When it will be distributed free to everyone then i would consider it more strong..actually bitcoin can never be dead now as it is the basis of how P2P payment works.

[valta4065]

I wouldn't dump. Even if it reached 10$.

Simply because I have a fiat wallet and a coins wallet. If a value drops, then the other one is here for a reason.

[batang_bitcoin]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

Even if governments do some kind of regulation against the bitcoin, that won’t kill it the bitcoin will still be used.
The price may drop yes but it won’t be long time that it will rise again, the point is as long as people keep using bitcoin and believe in it as long as the bitcoin lives even if it reaches $0.5.

Yes even though there will be government associated issues bitcoin won't be dead that easily. As we know that there are a lot of people who are going to make the price pumping. It's already proven for several years now and even the price dropped rapidly these past days. Still it doesn't mean that bitcoin will be dead.

[Taki]

My number dead line is 50$ per 1 BTC. It that case it would stop to me to have a sense to work with bitcoin and try to collect it. Cause of I make like 0,1 BTC per month now and even now it's not so big money. So if bitcoin fall I will search other ways for underworking to myself.

[tabas]

I don't have my special rate that will totally dump all my coins to think that bitcoin is dead. Because I believe that bitcoin isn't going to be dead and instead it is becoming stronger though it has a lot of happenings of it's price decrease. That is why I keep on believing that bitcoin isn't going to be dead and I really don't think about it at all.

[szpalata]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

That will definitely be 1BTC =$0 , until we get here I will keep faith with Bitcoin and see it rise through thick and thin to become a global cryptocurrency.

[alien-fx2]

I think even if Bitcoin was at zero, the currency would not be considered dead if there were users mining it or running nodes. So it's not just a question of price, but the amount of support the chain is receiving.

[calkob]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 

[The_Dark_Knight]

Currently the bitcoin is dead alike. it has gone devalued from $1230 to $1000

That is not even close to being dead, it lost an important amount of value that is true but this is nothing close to the crash that happened in the past, so it is very clear to me and anyone that bitcoin is going to recover from this setback sooner or later.

[X-ray]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 

No, The bitcoin network is completely broken. Bitcoin is not dying but the network is dying. That really sucks honestly. If there will always be demand in the future and the bitcoin will not die.

[Mometaskers]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 

No, The bitcoin network is completely broken. Bitcoin is not dying but the network is dying. That really sucks honestly. If there will always be demand in the future and the bitcoin will not die.

Unfortunately, yes. All these technical problems and the split on how to fix them could really lead to bitcoin's decline. The worst case scenario is that after the split into two coins, enough people would leave bitcoin that the price never go past a $100. I suppose there would still be people who would be using it for trades but that would crush the dream of bitcoin becoming a common global currency. Oh well, I suppose there would be people who would never give up on that and keep going.

[royalfestus]

Currently the bitcoin is dead alike. it has gone devalued from $1230 to $1000

Is this out of hatred of what? But I got to know at $300, mining will not be profitable but at a loss, so miners might not be willing to continue again. This might lead to a great technical problem because of the of the size of the blockchain now.

[Chikito]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

[Text]

I will not consider the exchange rate to tell bitcoin die because as long as there are users using it the network wouldn't stop on working... Investors, traders and others will keep on buying bitcoins because they have faith on it. Gambling and trading gets more popular because of BTC so they will not let it die.

[gabmen]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

I don't think so. Coming from the current price, i think if bitcoin drops to that low that going to be it. Another currency may take over as the top crypto like etherium. But i don't think its possible now that btc would drop to that amount. I think there's now nowhere to go but up for btc

[Creepings]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

It will die in a price where there are no price after all, that is why it is dead, no one is using it and neither planning of using it. Still, I dont think that bitcoin will die, we have a lot of problems this month concerning this forking, yes, the bitcoin price dumped but just after weeks it is regaining again it's current price.

Many users trust bitcoin, and they really love it, we just need to trust bitcoin, let the people with brains and money debate about the major problems, I am just a user, and I can't help them, so I will just sit here and wait for a good news.

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[Betwrong]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

At first I thought I'd sell everything if Bitcoin goes under $50 but then I realized that it wouldn't make much sense since in that case I'd have enough to buy a couple of  6 Packs Of Beer. So the answer is never. I'd better hold my coins even if they go close to zero, hoping that Bitcoin will rise again.

[Gotottack]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

At first I thought I'd sell everything if Bitcoin goes under $50 but then I realized that it wouldn't make much sense since in that case I'd have enough to buy a couple of  6 Packs Of Beer. So the answer is never. I'd better hold my coins even if they go close to zero, hoping that Bitcoin will rise again.

By that time that happened, how much bitcoins were you holding at that time? If bitcoins drop to $50 I think would not sell to, as it is not worth it anymore to sell, it would even be better to just keep it and not even move it anymore. Wait for it t appreciate again. If it doesn't then I lose $50, nothing really hard to lose.

[Mvaporis1961]

Well I would only consider it dead if its price is $0,
But maybe I would sell all of the coin that I have if the price drop back to about $500.

[Zicadis]

any thing below 400 dollars should be considered dead
because i remember bitcoin failing to break this barrier for some time
and am sure if prices were to go that low some mysterious altcoin might be double its value

[1Referee]

any thing below 400 dollars should be considered dead

How wrong can you be... Even if Bitcoin falls back to $1 it can't be considered the end of Bitcoin. Bitcoin comes to an end if all nodes and miners just shut down everything. That's when Bitcoin is dead, and nothing else.

because i remember bitcoin failing to break this barrier for some time

In every market there are certain stagnant periods where the price can't seem to move through certain levels, Bitcoin is definitely not an exception. It's all about supply and demand. At that point there was simply more supply than actual demand, and thus the market stays where it is. No big deal.

and am sure if prices were to go that low some mysterious altcoin might be double its value

That would be a normal market reaction. People move their money to places that at that time offer a better perspective.

[BrewMaster]

what OP doesn't realize is that bitcoin is not about having price and be a trading tool to make more money or even an investment. yes we are investing in it because it has a lot of potential. but the first thing that a person with a little brain sees in bitcoin is not the price but all the other things that bitcoin offers and someone who doesn't see them doesn't really understand what a decentralized crypto currency is.

as long as there are nodes running and miners mining and there are peers on the network accepting bitcoin, it will be alive and we (true users) will be using it.

[~Bitcoin~]

Rather than waiting for price to dump hard and reach to near zero number, i will sell bitcoin everytime when it hit new ATH and wait for some correction so that i can buy few cheap coins.

I will only call bitcoin dead and will left using bitcoin, when it will hit $0 per bitcoin price.  

[KuromaYoichi]

I will consider bitcoin dead if it fall below $100 and dump my coin if the price hit below $500. It took years of development to reach the price now and if it fall that hard i will dump it and wait if it has chance to recover again.

[Alexzap]

Bitcoin is more than money so he can't die at any rate. It's the future and who knows, maybe soon we will become citizens of the state of Bitcoin. Where no one is able to deceive officials would not be and earnings will depend not on your relationships, and in proportion to the number of hours your work.

[bitbunnny]

I wouldn't put that this way. Bitcoin was already 200$ and under but still it wasn't dead. Bitcoin is much more complex thing then just exchange value that it has and it shouldn't be looked only that way. It can't just die because of the low price, many other factors on the Bitcoin market are important too.

[audaciousbeing]

The rate that I will really make up my mind that bitcoin is really dead is at the point when the value is zero and aside that, there is no hope of it recovering again due to various circumstances and happenings around that particular period of time aside that, I will still up the believe that I am here long-term and here to stay.

[ekaterina77]

The rate that I will really make up my mind that bitcoin is really dead is at the point when the value is zero and aside that, there is no hope of it recovering again due to various circumstances and happenings around that particular period of time aside that, I will still up the believe that I am here long-term and here to stay.

You can even guess on the coffee grounds, but I would not even think about bad forecasts. The fact is that thoughts can materialize and with poor forecasts of bitcoin prices, everything can and will happen. Although if we talk about the end, only zero will show the collapse, and so there is always hope.

[LTU_btc]

Well, it's only theorical thing that bitcoin can loose all value, it's hardly possible. I think many people would say that bitcoin is dead if it price goes below $100, it's hard to imagine bitcoin price in two digit zone. But in reality, bitcoin can die only if all miners and nodes would stop as already mentioned above.

[darklus123]

In my opinion. As long has bitcoin has value amd users then it shall still be considered as alive. Yet of course obviously if it has no value then it is already dead

[JL421]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

[Taki]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

It's hard to predict when bitcoin will die exactly, and your "20 years" I accept very sceptical. But I'm agree that people will buy bitcoin and use it even if the price will be 10$. Bitcoin will die only in the case of 0$.

[Monnt]

The rate that I will really make up my mind that bitcoin is really dead is at the point when the value is zero and aside that, there is no hope of it recovering again due to various circumstances and happenings around that particular period of time aside that, I will still up the believe that I am here long-term and here to stay.

I would rather say at what fall rate I would say the bitcoin is dead, I mean that if  I wake a  day to find that the bitcoin has fallen to $700 and the next day it was 500$ and that goes on for a week I would say that it is dead, because what keeps people hoping whenever the price falls is that slight increase even if it was $10 it is a enough to keep the bitcoin alive.

[Betwrong]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

At first I thought I'd sell everything if Bitcoin goes under $50 but then I realized that it wouldn't make much sense since in that case I'd have enough to buy a couple of  6 Packs Of Beer. So the answer is never. I'd better hold my coins even if they go close to zero, hoping that Bitcoin will rise again.

By that time that happened, how much bitcoins were you holding at that time? If bitcoins drop to $50 I think would not sell to, as it is not worth it anymore to sell, it would even be better to just keep it and not even move it anymore. Wait for it t appreciate again. If it doesn't then I lose $50, nothing really hard to lose.

I'm glad you are with me on this. What's the point to sell at a low price? If many people do this they make price go even lower. Isn't better to stop selling and wait until the price goes up? More and more people want to have at least $20 in BTC, I can see that happening right now on my local exchange, only less tan 10% are selling and others are buying. So if people stop selling the price will rise.

[Wandering Soul~]

Rather than waiting for price to dump hard and reach to near zero number, i will sell bitcoin everytime when it hit new ATH and wait for some correction so that i can buy few cheap coins.

I will only call bitcoin dead and will left using bitcoin, when it will hit $0 per bitcoin price.  

Its good to look at the bright side but since you are dealing with money, It would be good to consider also its negative traits . Right now, I don't see any reason on why will bitcoins price will drop like what the others said but since everything is possible, There might be a decent speculation about that in the future .

Now to answer OPs question, Although I don't understand the technical stuff about bitcoin, I can say that I am one of its supporters. Even if it reach $0 one day, I will still hold it, cause there is still a chance that it might recove r. The most likely situation to happen is many people will sell their bitcoin if it reach $500 .

[Zenithar]

In my opinion. As long has bitcoin has value amd users then it shall still be considered as alive. Yet of course obviously if it has no value then it is already dead

bitcoin users are continuously increasing and not decreasing. i hope that very soon the users of bitcoin will in every house of the world. and hope that bitcoin will remain as a live for ever and is not going to dead at any case. because the popularity of bitcoin is continuously increasing.

[Xester]

I wouldn't put that this way. Bitcoin was already 200$ and under but still it wasn't dead. Bitcoin is much more complex thing then just exchange value that it has and it shouldn't be looked only that way. It can't just die because of the low price, many other factors on the Bitcoin market are important too.

It could only die when the value is below 1 cents but it will not go down that low and it is impossible. The price deflation recently has showed that eve how many people dumps their bitcoin there are hundreds or thousands of people are there to catch the dump. If this is the trend then bitcoin going down 100$ at this point is impossible then how much more is 1 cents.

[dihari]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Even the touch $0.5 we can't say bitcoin is dead. Instead it is the best time to grow the community to invest massively by harness the lowest price of bitcoin. Maybe most people hoping this to be happen.
And for your information, bitcoin has died 126 times https://99bitcoins.com/obituary-stats

[User365]

0 of course,

but if it was like 0.5$ we could call it almost dead (i assume this was the question you had in mind) and thefor I think if it drops less than 200$, something went wrong, because all out of nothing price wouldn´t drop that far.

[btccashacc]

0 of course,

but if it was like 0.5$ we could call it almost dead (i assume this was the question you had in mind) and thefor I think if it drops less than 200$, something went wrong, because all out of nothing price wouldn´t drop that far.

so basically if the price is 0.5 dollars then you have 100 bitcoins you got only 50 dollars well it's Not Dead Yet . I think before the price touched 10 dollars people would dump all of their coins or maybe buy a lot of bitcoins at that time.

any thing below 400 dollars should be considered dead
because i remember bitcoin failing to break this barrier for some time
and am sure if prices were to go that low some mysterious altcoin might be double its value

Did you know that bitcoin's price was already 200 dollars and it still survive, many people are waiting for the lowest price to buy back once the chance is coming they would pump it, something is dead if it's value is zero, that's it.

[aesma]

Keep in mind that to dump coins, you need someone on the other side of that trade to buy them.

Bitcoin will be dead when you no longer find anybody to buy your coins.

[gabmen]

Keep in mind that to dump coins, you need someone on the other side of that trade to buy them.

Bitcoin will be dead when you no longer find anybody to buy your coins.

Yeah and with the number of btc users today which actually is still growing, I don't think we'll reach a point where the price would be so low to  consider btc dead. It probably with just play around the price it has today and I think it won't go down below 800$ anymore.

[Kevin77]

In my opinion. As long has bitcoin has value amd users then it shall still be considered as alive. Yet of course obviously if it has no value then it is already dead

bitcoin users are continuously increasing and not decreasing. i hope that very soon the users of bitcoin will in every house of the world. and hope that bitcoin will remain as a live for ever and is not going to dead at any case. because the popularity of bitcoin is continuously increasing.

I agree, the fact the we are seeing the bitcoin’s price change every day and the more people are coming in to the market and that brings a lot of investments and a lot of new business that accept bitcoin and I think that is the way that bitcoin is going to survive and develop, and I know the fact that bitcoin is not a thing that everyone uses but it is good for some of them.

I am very much sure bitcoin will be living with someone else even government make any stands on it. Because we cannot expect everyone will stop using it. The potential of bitcoin will always ensure that bitcoin will never have any end.

[Theb]

In my opinion. As long has bitcoin has value amd users then it shall still be considered as alive. Yet of course obviously if it has no value then it is already dead

bitcoin users are continuously increasing and not decreasing. i hope that very soon the users of bitcoin will in every house of the world. and hope that bitcoin will remain as a live for ever and is not going to dead at any case. because the popularity of bitcoin is continuously increasing.

I agree, the fact the we are seeing the bitcoin’s price change every day and the more people are coming in to the market and that brings a lot of investments and a lot of new business that accept bitcoin and I think that is the way that bitcoin is going to survive and develop, and I know the fact that bitcoin is not a thing that everyone uses but it is good for some of them.

But when the price is drastically falling then it is a signal of great weakness or even much worst a news about Banning Bitcoin worldwide. Big price drop greater than half would signify a bad news that happened with the normal operation of Bitcoin. A price drop that has no chance of recovery is possible when the government takes action about it.

[Chikito]

I don't think so. Coming from the current price, i think if bitcoin drops to that low that going to be it. Another currency may take over as the top crypto like etherium. But i don't think its possible now that btc would drop to that amount. I think there's now nowhere to go but up for btc

The dead in total? , No users, no continuity and it has a price of 0.00 $. but when price bitcoin died, I believe prices have the price of 1 $, there must be a new development of bitcoin if a problem occurs.

It will die in a price where there are no price after all, that is why it is dead, no one is using it and neither planning of using it. Still, I dont think that bitcoin will die, we have a lot of problems this month concerning this forking, yes, the bitcoin price dumped but just after weeks it is regaining again it's current price.

Many users trust bitcoin, and they really love it, we just need to trust bitcoin, let the people with brains and money debate about the major problems, I am just a user, and I can't help them, so I will just sit here and wait for a good news.

yes i agree with your explanation, there are still many people using bitcoin, and keterlanjutan of rounds USD dibitcoin still long. but when the world cryptoccurency ends, have a very privileges debate. what the price of bitcoin when it dies? I believe that the price of bitcoin when death has a price of $ 1, or when all the dead (Judgment, the world ends) bitcoin prices above $ 100000. It sees the world of insurance, finance and investment insurance coverage, bitcoin create some financial protection and investment insurance of some devlopher. most likely when bitcoin dead, has a price of 1 $.

[The_Dark_Knight]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

[Creepings]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

Yes, bitcoin will be more popular with a price $1 because with it, everyone can buy bitcoin and use it as a cofee money, though the problems are the transaction fees and the confirmations which are really really long.  Still many investors will be really attracted to bitcoin and eventually with that, the bitcoin price will be really increasing bit by bit.

[Vaskiy]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

Yes, bitcoin will be more popular with a price $1 because with it, everyone can buy bitcoin and use it as a cofee money, though the problems are the transaction fees and the confirmations which are really really long.  Still many investors will be really attracted to bitcoin and eventually with that, the bitcoin price will be really increasing bit by bit.

Same as the past from which bitcoin grew from the scratch to reach $1300+ which shows the growth of bitcoin. The chart clearly portrays the valueless becoming more and more valuable in a short time period of around 8years with the technology. So I don't think it falls any way down or die making way for other coins to grow defeating it.

[X-ray]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

But that's mean if bitcoin become a zombie coin. Bitcoin is not dying nor live. Some of the coins which they haven't more development and the prices are plunged to zero satoshi.
I think if there will no demand and bitcoin will die. The fact if bitcoin still stay alive right now. it's hard to say it will never die. 

[The_Dark_Knight]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

But that's mean if bitcoin become a zombie coin. Bitcoin is not dying nor live. Some of the coins which they haven't more development and the prices are plunged to zero satoshi.
I think if there will no demand and bitcoin will die. The fact if bitcoin still stay alive right now. it's hard to say it will never die. 

If bitcoin reached that price then there is no doubt that bitcoin will be in a bad shape and we could even say its agonizing but even at that point we cannot say bitcoin is dead, a currency only dies until its value reaches 0.

[mellorbo]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

But that's mean if bitcoin become a zombie coin. Bitcoin is not dying nor live. Some of the coins which they haven't more development and the prices are plunged to zero satoshi.
I think if there will no demand and bitcoin will die. The fact if bitcoin still stay alive right now. it's hard to say it will never die. 

If bitcoin reached that price then there is no doubt that bitcoin will be in a bad shape and we could even say its agonizing but even at that point we cannot say bitcoin is dead, a currency only dies until its value reaches 0.

Yeah only a 0 value currency can be considered as a dead coin. Bitcoin might be in a bad shape but then some other coin might rise and exchange places with bitcoin. But the percentage for that to happen is mere 50/50 since bitcoin withstand already a lot of bad news on it yet it is still standing.

[Young_Croatian]

If bitcoin price fall under 200 dollars i'd probably sell it, but I would  buy it again at 100 dollars, couse bitcoin will never be dead , so that could be good for me

[jaysabi]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Two different things. The rate at which you dump and the rate at which you think bitcoin is dead should probably not be the same. It would seem that a value of 0 would make bitcoin "dead." However, can it ever reach zero? Doge constantly depreciates, it's worth far less than a penny per coin. It's not "dead" and I don't know that it would ever reach zero either. A coin doesn't reach zero until there is no longer trading activity.

[PokerFace3]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Two different things. The rate at which you dump and the rate at which you think bitcoin is dead should probably not be the same. It would seem that a value of 0 would make bitcoin "dead." However, can it ever reach zero? Doge constantly depreciates, it's worth far less than a penny per coin. It's not "dead" and I don't know that it would ever reach zero either. A coin doesn't reach zero until there is no longer trading activity.

If a coin will not have any trading activities means it will have constant value and not zero value. Only by continuous dumping (or simply through trading activity of selling), a coin may reach zero value.

Hopefully bitcoin will remain as an attractive trading option for traders until it will get all 21 million units mined out. So, I guess bitcoin will not have stable prices for next ~140 years hence some trading activity is highly possible and that will be on buying way as people want to use bitcoins as store of value.

[jaysabi]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Two different things. The rate at which you dump and the rate at which you think bitcoin is dead should probably not be the same. It would seem that a value of 0 would make bitcoin "dead." However, can it ever reach zero? Doge constantly depreciates, it's worth far less than a penny per coin. It's not "dead" and I don't know that it would ever reach zero either. A coin doesn't reach zero until there is no longer trading activity.

If a coin will not have any trading activities means it will have constant value and not zero value. Only by continuous dumping (or simply through trading activity of selling), a coin may reach zero value.

Hopefully bitcoin will remain as an attractive trading option for traders until it will get all 21 million units mined out. So, I guess bitcoin will not have stable prices for next ~140 years hence some trading activity is highly possible and that will be on buying way as people want to use bitcoins as store of value.

I'm not talking about exchange trading, though that's part of it. I'm talking about all trading, as in trading coins for fiat, other coins, or goods and services. As long as there is any of that trading going on, the coin has value. It's only when all trading stops that a currency is dead (valueless). Any currencies that are like that are lost to history. There are currencies that are no longer in circulation or printed, but they are collected either as novelties or artifacts, and they still have value.

[DoublerHunter]

I think i can say that bitcoin is officially dead when it falls down to $20 per one bitcoin because that is very cheap price and a lot of people will surely just unloading their bags and getting out of the business with bitcoin and just immigrating to another kind of cryptocurrency that they see some future with it. But i think it will take a few decades for bitcoin to reach to that point.

[rajasumi3]

If the price of bitcoins goes down below 10$ then we can practically say that bitcoin is dead .on the other hand if the price of bitcoin goes more than 100k anytime, i l be selling all my bitcoins.

[JL421]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

It's hard to predict when bitcoin will die exactly, and your "20 years" I accept very skeptical. But I'm agree that people will buy bitcoin and use it even if the price will be 10$. Bitcoin will die only in the case of 0$.

If it reaches 10$ i wouldn't believe my eyes at all but all i was thinking if it actually drops to 10$ can we pump it again to  another 1000$.
And ya i don't think bitcoin will die at 0$ as the price was 0.001$ or something per bitcoin. SO 0$ is definitely not a stop for it.

[Wandering Soul~]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

It's hard to predict when bitcoin will die exactly, and your "20 years" I accept very skeptical. But I'm agree that people will buy bitcoin and use it even if the price will be 10$. Bitcoin will die only in the case of 0$.

If it reaches 10$ i wouldn't believe my eyes at all but all i was thinking if it actually drops to 10$ can we pump it again to  another 1000$.
And ya i don't think bitcoin will die at 0$ as the price was 0.001$ or something per bitcoin. SO 0$ is definitely not a stop for it.

Yes it can but it will take another few years again to reach $1000 . No price can determine if bitcoin is dead . Only its community will be able to . If there are no users and people maintaining it you can call it as dead .

If it ever reached $800 why would you sell all your bitcoins? You should have left a small portion of it cause if it reached that kind of amount it can definitely surpass it .

[jaysabi]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

It's hard to predict when bitcoin will die exactly, and your "20 years" I accept very skeptical. But I'm agree that people will buy bitcoin and use it even if the price will be 10$. Bitcoin will die only in the case of 0$.

If it reaches 10$ i wouldn't believe my eyes at all but all i was thinking if it actually drops to 10$ can we pump it again to  another 1000$.
And ya i don't think bitcoin will die at 0$ as the price was 0.001$ or something per bitcoin. SO 0$ is definitely not a stop for it.

You're saying you can pump it from 10 to 1000 without any real understanding of what that would entail. You can't manufacture the demand required for the coin to regularly trade at $1000. There's just too much demand required for someone to manufacture and sustain that level. You're seemingly saying that all you need to increase the price is will power. What's stopping you then from increasing it from 1100 to 2000? Why don't you try tomorrow and see how far you get?

[ethereumhunter]

I don't think we are actually going to here that bitcoin is dead for the next 20 years for sure. But even if something like this occur we can't call it dead because if the price reaches 10$ people will of course pump it and it can become normal again. For me if the price drops till 800$ i will sell all my coins and wait until all the dump is over. If the price never pumps again mostly i won't invest again

It's hard to predict when bitcoin will die exactly, and your "20 years" I accept very skeptical. But I'm agree that people will buy bitcoin and use it even if the price will be 10$. Bitcoin will die only in the case of 0$.

If it reaches 10$ i wouldn't believe my eyes at all but all i was thinking if it actually drops to 10$ can we pump it again to  another 1000$.
And ya i don't think bitcoin will die at 0$ as the price was 0.001$ or something per bitcoin. SO 0$ is definitely not a stop for it.

Yes it can but it will take another few years again to reach $1000 . No price can determine if bitcoin is dead . Only its community will be able to . If there are no users and people maintaining it you can call it as dead .

If it ever reached $800 why would you sell all your bitcoins? You should have left a small portion of it cause if it reached that kind of amount it can definitely surpass it .

i think bitcoin price is not going to drop to $10 but if to drop until $9xx, i would say that is possible because now there will be many people that have much of bitcoin and i am sure that they can do this. the other thing that makes bitcoin dead is if there are no one that using bitcoin for send or receive, people is leaving of bitcoin and moving into other opportunity that maybe can give bigger profit than bitcoin but i guess there are not yet investment that will have a good future than bitcoin itself.

[Inkdatar]

I think for me, bitcoin can be dead if it would be lower 100$. This would definetly be dead and if no one will use bitcoin anymore. Also, if no one will mine bitcoin and its not considered used as digital currency. These are the things I can say bitcoin will be dead.

[Gaaara]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

$0 I don't have a lot of bitcoin in my wallet though, $0 cause I think it still has the probability to go in higher price after falling over $1000, even if it doesn't guarantee any it is worth the risk, after falling then buying means big profit its a law of investment.

[magneto]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Nope.

Even if bitcoin is at $0 per coin it is technically still alive, because if anyone uses it it is alive.

Just look at some inactive altcoins, you see ones that gets revived every day on this forum from the same project because the admin abondened the original project or something similar happened.

Same applies to bitcoin, as long as there is someone using it, it should be alive.

And if nobody uses it, the code can still be used in the future to revive it.

[fathur.aza]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I do not believe bitcoin dead, I thought it was just the news that is uncertain about the actual situation.


I do not know the magic number.

[pooya87]

people call bitcoin dead whenever they want to buy more coins, sometimes it even works on some idiots who fall for it and panic sell their precious bitcoins. so as far as price is concerned that is not going to happen.

but bitcoin being dead has nothing to do with its price. it is only dead if nobody is using it any longer. and as far as there are nodes out there, even a couple of them, and there are people who mine the transactions, bitcoin will stay alive.

[aTriz]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Definitely. If bitcoin drops to $1 then obviously there isn't really a point for anyone to use it anymore because there would be only a maximum of $21 million coins in existence, and that is definitely not going to facilitate all the transactions that happen around the world on a daily basis.

If this ever happens, bitcoin would have definitely been destroyed by an altcoin that emerged as a better alternative.

But I don't think it'll ever happen considering that most altcoins are not directly competitive to bitcoin but rather to complement bitcoin to provide a better service overall. And they acknowledge that without bitcoin, there won't be altcoins.

So I think it is safe to say that for now, we don't need to worry about that happening.

[Potatoh]

There's also the opposite end of the spectrum where the value of bitcoin is foreseen to reach $1000000 in 20 years... Bitcoin would be going towards dead if it starts to be not trusted anymore by the world, but the true death of it would be when it's worth negligible amounts like less than $0.50 per bitcoin where it will eventually reach $0.00, replaced by some better altcoin or just fiat currency.
Some better currency like a newfound memecoin?
dogecoin?

[X-ray]

if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

Even that price will not enough to say bitcoin died, that would mean that bitcoin lost a lot of its attractive to investors but some people will still use for some transactions.

But that's mean if bitcoin become a zombie coin. Bitcoin is not dying nor live. Some of the coins which they haven't more development and the prices are plunged to zero satoshi.
I think if there will no demand and bitcoin will die. The fact if bitcoin still stay alive right now. it's hard to say it will never die. 

If bitcoin reached that price then there is no doubt that bitcoin will be in a bad shape and we could even say its agonizing but even at that point we cannot say bitcoin is dead, a currency only dies until its value reaches 0.

Yeah, but it seems just a delusional, But totally we are talking about a delusional question based on the speculation answer. in this time bitcoin will still be growing a lot.

But looks like it will be a magic if the price of bitcoin can be turned to the zero decimal.

[sevendust777]

I think bitcoin would dead if no one will used it anymore, no one will use it day by day transactions. I cant predict its rate but as far we have observe now bitcoin is growing daily and more attracts into bitcoin. Still it will alive for more years.

[roomfirst]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

When the price of bitcoin reach $10 per coins, i would call bitcoin dead even the price at $100. The bitcoin's price dropped to $100 is not a joke, something big must be happened on that day. When it happened, i'm sure all cryptocurrenies will be affected.

[iv4n]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

When the price of bitcoin reach $10 per coins, i would call bitcoin dead even the price at $100. The bitcoin's price dropped to $100 is not a joke, something big must be happened on that day. When it happened, i'm sure all cryptocurrenies will be affected.

I'm not sure what would happen if bitcoin drop on 100 dollars per coin, would people start to buy like crazy or that would be just last stop before going on zero.
There is no magic number, I agree with some members with that, if we get to the zero that would be the end of bitcoin currency, at 100 dollars it would be hard to decide what to do, to buy or just stand buy and watch it how it sink. I think this scenario will not happen, people are coming and spending more time here and generally we are more involved then ever.

[aesma]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

Two different things. The rate at which you dump and the rate at which you think bitcoin is dead should probably not be the same. It would seem that a value of 0 would make bitcoin "dead." However, can it ever reach zero? Doge constantly depreciates, it's worth far less than a penny per coin. It's not "dead" and I don't know that it would ever reach zero either. A coin doesn't reach zero until there is no longer trading activity.

If a coin will not have any trading activities means it will have constant value and not zero value. Only by continuous dumping (or simply through trading activity of selling), a coin may reach zero value.

Hopefully bitcoin will remain as an attractive trading option for traders until it will get all 21 million units mined out. So, I guess bitcoin will not have stable prices for next ~140 years hence some trading activity is highly possible and that will be on buying way as people want to use bitcoins as store of value.

The problem is that bitcoin needs an infrastructure. It needs miners, it needs online wallets, it needs people engaged in it.

If it crashes terminally, then all that will be gone.

[DrGuns4Hands]

$0.00, actually not that magical.

this is the real deal haha. I'm thinking the same too . if the price of bitcoin is $0.00 there's no reason to stay for because thats the price where bitcoin will die. if it's 0.00 will you buy bitcoin ? since its free theres no way that the price will grow again because once again its free and there's no reason for bitcoin to raise the price because many people will gonna have many bitcoin as they want.

[micher143]

I don't think bitcoin will be dead or drop the price in the 500$ or below because many users and member are supporting bitcoin and many people now are having a knowledge about bitcoin so the only way for bitcoin is to go up so I don't that will happen for me that is impossible.

[Kabul]

Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.

Even if governments do some kind of regulation against the bitcoin, that won’t kill it the bitcoin will still be used.
The price may drop yes but it won’t be long time that it will rise again, the point is as long as people keep using bitcoin and believe in it as long as the bitcoin lives even if it reaches $0.5.

Bitcoin can not die since it based on the digital and everything on the internet will keep surviving no matter how worse the world outside can be. Therefore, even if Bitcoin worth only $1, there will still many people love to use it because of the anonymity and the security. Bitcoin will live forever although its first places will be replaced by other potential cryptocurrencies

[TastyChillySauce00]

I don't think bitcoin will be dead or drop the price in the 500$ or below because many users and member are supporting bitcoin and many people now are having a knowledge about bitcoin so the only way for bitcoin is to go up so I don't that will happen for me that is impossible.

Not literally dead for bitcoin but a disaster for those miners who counting on earning from mining. They'll need to fulfil the expenses of maintaining their mining rigs, electricity, and so on. Back then before halving, $500 rate of bitcoin is enough for those miners and get a decent profit but for now, after halving, it's not enough.
Even honestly I think that the price of bitcoin going down to 500$ is kinda hard thing to be happened if there's not a really bad news regarding bitcoin occur.

[Nascor]

there is no "magic number" as you've mentioned. If there was people would just buy up to that number and sell everything shortly after

that's the beauty of this technology, the potential is only limited to the people adopting it and theoretically everyone could be using BTC

Will that be the future, no - is it nice to think of? It sure is

[fishbonez11]

Bitcoin is dead if it exchanges with zero value. Its like investing or buying nothing.

[Wingo]

At 0.00$   Nobody will ever use it if it has no value at all. The price started at about 0.07$ until many people used bitcoin and its reputation grows and now here we are, way too far from 0.07$.