At what exchange rate would you call Bitcoin dead?

[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.