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Author Topic: Will Bitcoin die soon?  (Read 43086 times)
bmeyersbtc
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July 14, 2017, 07:25:36 PM
 #481

Not sure what to make of this but right now bitcoin value seems to be dropping really fast, I have some bitcoins and I am a bit confused, do I hold or sell them off and make some money, is august really going to be dooms day for bitcoins or would bitcoins ride the storm and increase in value? would appreciate some advise from a bitcoin pro.
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July 14, 2017, 08:13:36 PM
 #482

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July 14, 2017, 08:19:19 PM
 #483

I don't think it is posible. Sure, it may drop but it's not critical. If Bitcoin die, it definetly will not happen this year.
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July 14, 2017, 08:37:02 PM
 #484

already dead

xxx
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July 14, 2017, 09:39:09 PM
 #485

I don't think so because as what I see right now there is an increase of people who use bitcoin. And I think as technology is growing continuously so do bitcoin.
yes no doubt that now new technologies are invented and with the passage of time the technologies are growing very fast bitcoin is also a digital currency and it is growing very fast and if we take a look at the demand and the price graph of the bitcoin we will know that bitcoin has been very safe and very secured currency and it has become very popular so it can never die but will increase more after a few years.


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July 14, 2017, 09:49:12 PM
 #486

Currently, as it stands now, Bitcoin is not dying anything soon.
But there are chances that the value might go drastically down, if this August 1 split works out, then things will be pretty bad in Bitcoin, but it won't die.
Though it will bounce back, but that will take a couple of time maybe months.

















































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July 14, 2017, 10:24:34 PM
 #487

Bitcoin wasn't die, maybe the price of bitcoin is started to decrease but it's not mean that bitcoin gonna die. Therefore bitcoin was separate to segwit and I think that is largely affect in marketing of bitcoin.
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July 15, 2017, 08:13:48 AM
 #488

It might happen if the investors leave Bitcoin. Nothing can guarantee the future of bitcoin.

But it's not going to happen that investors will leave bitcoin. It's now the momentum of investors that they will be having some good returns and they will not going to regret to pull their investors. Only those greedy traders are the ones who are leaving bitcoin for a while and shifting to some profitable alt coins.

Everyone wants more thus everyone is greedy lol. Stop blaming the traders because it is their job to take advantage of the market, you should have expected that.

and how can you be so sure that the investors particularly the big ones will not leave bitcoin even for a minute?

either way bitcoin dying can happen if the following conditions are made 1. no miners 2. no users 3.$0 price. and i don't see it happening soon. Price crash is more possible.



Where's the blame? I'm blaming them I'm just saying that they are the ones who are leaving bitcoin and migrates to another bitcoin. So I don't find my statement as a blame to them. Even myself as a trader is doing this but not completely leaving bitcoin because I know that bitcoin is one of the strongest crypto ever.

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July 15, 2017, 08:31:00 AM
 #489

I am very sad to read an article about chainsplit in August, if this happens, the bitcoin body will split in two, this is a bad thing for the bitcoin price up front.

I hope people continue to reject btu because the impact he generates is so bad.
BItcoin blockchain will not split in two if the hard fork succeeds. Do not worry about this issue because most of developers and people who have high mining hash rate accept his hard fork. Just need a little bit lucky and some praying and I bet that bitcoin can never split into two. Even if bitcoin has two blockchain, it can never be die because bitcoin has been a big part of this world already Wink

I agree. Even not knowing much about blockchain and how it works, I'm sure people who are in charge will prevent any bad outcome  because billions of US dollars are at stake.


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July 15, 2017, 10:15:38 AM
 #490

We know that there are many fuds out there. They want to buy cheap bitcoins that why they are doing some fuds. and also for the people who wants to ruin everything about bitcoin when they become successful yeah bitcoin can die.


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July 15, 2017, 10:43:23 AM
 #491

No bitcoin never be die because there is alot of user of bitcoin and alot of people invest there money in bitcoin the high fluctuation in price of bitcoin is not means to be die. now a day every one earn alot of money in bitcoin. most of country adopted the bitcoin and and every one do work for bitcoin.

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July 15, 2017, 11:10:59 AM
 #492

Bitcoin is too good to die. I am sure that it is not divided because it will cause irreparable blow to the image of all the crypto currencies. Lose money not only bitcoin users but all the others. And of course on the legalization of crypto currencies will be forgotten.
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July 15, 2017, 01:08:55 PM
 #493

I am very sad to read an article about chainsplit in August, if this happens, the bitcoin body will split in two, this is a bad thing for the bitcoin price up front.

I hope people continue to reject btu because the impact he generates is so bad.
BItcoin blockchain will not split in two if the hard fork succeeds. Do not worry about this issue because most of developers and people who have high mining hash rate accept his hard fork. Just need a little bit lucky and some praying and I bet that bitcoin can never split into two. Even if bitcoin has two blockchain, it can never be die because bitcoin has been a big part of this world already Wink

Actually, if it becomes clear relatively fast which chain will be the main chain supported by a vast majority, then I believe the price of BTC might even jump quite high very quickly (like to 4 - $5k in a day) because BTC has solved its scaling issue thus making it very attractive for more conservative investors and companies wanting to implement BTC-tech.
Let's hope for the best, only time will tell. Smiley

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July 15, 2017, 09:31:31 PM
 #494

It might happen if the investors leave Bitcoin. Nothing can guarantee the future of bitcoin.

But it's not going to happen that investors will leave bitcoin. It's now the momentum of investors that they will be having some good returns and they will not going to regret to pull their investors. Only those greedy traders are the ones who are leaving bitcoin for a while and shifting to some profitable alt coins.
People have the right to protect their investment and if they feel the best way to do is to sell bitcoin and then buy alts with that money we must respect their decision, as a personal thought, it is my belief that there is not going to be a hard fork and that is just a tactic used by the miners to scare people, that is why I think the best idea is to hold, but that is just my opinion.
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July 15, 2017, 09:41:58 PM
 #495

I was not believe that bitcoin is die, maybe their price was continuously decreasing but I think bitcoin can handle it. Moreover, sometimes it's only a part of marketing strategies of bitcoin to sell bitcoin in the market.

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July 15, 2017, 10:01:54 PM
 #496

We know that there are many fuds out there. They want to buy cheap bitcoins that why they are doing some fuds. and also for the people who wants to ruin everything about bitcoin when they become successful yeah bitcoin can die.

It's not only the fud that people are spreading, but more the stupidity of the majority of the people here. If you look at the price back and January, which was hovering around the $1000 level, and look at what levels we are sitting at today, the market is still up big time. People however don't look at the market from that point of view. They just open a 2-7 day chart, and based on that, they think the market is about to collapse. And no, Bitcoin won't die. In order to shut Bitcoin down, you need to get rid of ALL the miners and nodes. As long as just a few of them are operating, Bitcoin will continue to operate. Smiley
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July 15, 2017, 10:05:17 PM
 #497

I think it would be gone but we don't really know when,
Besides nothing is permanent in this world I think other coin would replace it ,
But I hope that it would happen in the next couple of years and not right now.



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quitstem01
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July 15, 2017, 10:37:07 PM
 #498

It won't. There are lots of people who benefit from Bitcoin,especially the investors. And in fact, this is just the beginning. Problems that Bitcoin is facing is just a part of its growth. As long as there are people who gains profit from this, I can't see Bitcoin's ending.
Creepings
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July 15, 2017, 10:49:12 PM
 #499

It won't. There are lots of people who benefit from Bitcoin,especially the investors. And in fact, this is just the beginning. Problems that Bitcoin is facing is just a part of its growth. As long as there are people who gains profit from this, I can't see Bitcoin's ending.

There are a lot of people using bitcoin and they have their different reasons of using these volatile, decentralized and pseudo anonymous digital currency. So,you must not say that as long as there are people who are gaining profit because with the big dump, there is no way they earn a profit. As long as there are people uaing these digital currency, bitcoin will remain.
Bagaji
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July 15, 2017, 11:22:42 PM
 #500

Well to me I don't see any forces that can make bitcoin to die for bitcoin has gone far beyond the level that it will die. Despite the recent decline in the market value of Bitcoin am still optimistic that the price will bounce back in no distance time. Please note! Not even the negative outcome of 1st August meeting can kill bitcoin for it has come of age.


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