calkob
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March 19, 2017, 11:59:13 PM |
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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.
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The_Dark_Knight
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March 20, 2017, 01:16:43 AM |
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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.
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X-ray
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March 20, 2017, 02:11:47 AM |
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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.
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Mometaskers
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March 29, 2017, 05:13:47 AM |
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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.
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royalfestus
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March 29, 2017, 05:20:25 AM |
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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.
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Chikito
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March 29, 2017, 11:04:31 AM |
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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.
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Text
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March 29, 2017, 12:53:35 PM |
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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.
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gabmen
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March 29, 2017, 02:14:21 PM |
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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
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Creepings
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March 29, 2017, 02:19:53 PM |
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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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toniopen925
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March 29, 2017, 02:20:47 PM |
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Betwrong
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March 29, 2017, 02:34:05 PM |
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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.
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Gotottack
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March 29, 2017, 02:47:07 PM |
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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.
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Mvaporis1961
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March 29, 2017, 02:52:12 PM |
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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.
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Zicadis
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Dump it!!!
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March 29, 2017, 03:12:04 PM |
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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
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1Referee
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March 29, 2017, 03:40:55 PM |
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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.
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BrewMaster
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March 29, 2017, 03:54:08 PM |
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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.
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There is a FOMO brewing...
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~Bitcoin~
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March 29, 2017, 04:55:13 PM |
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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KuromaYoichi
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March 29, 2017, 05:43:19 PM |
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I will consider bitcoin dead if it fall below $100 and dump my coin if the price hit below $500. It took years of development to reach the price now and if it fall that hard i will dump it and wait if it has chance to recover again.
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Alexzap
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March 29, 2017, 05:54:45 PM |
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Bitcoin is more than money so he can't die at any rate. It's the future and who knows, maybe soon we will become citizens of the state of Bitcoin. Where no one is able to deceive officials would not be and earnings will depend not on your relationships, and in proportion to the number of hours your work.
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bitbunnny
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March 29, 2017, 06:13:30 PM |
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I wouldn't put that this way. Bitcoin was already 200$ 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.
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