At what exchange rate would you call Bitcoin dead?

[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.