Why Bitcoin is dieing?

[SakamHost]

Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.

[erpbridge]

Technically it went down to 3600 and already rose to 3820 already. Dying ? an 8 % drop doesn't mean bitcoin is dying. You can't get impatient over such a small drop. It is expected that bitcoin will reach close to 3400 in the next few days.

[nydiacaskey01]

Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.

Its not dying (not dieing), its possible that what we are experiencing right now is just market corrections, remember a few days ago BTC price soared to $4,400. Whenever there is a surge of price it is followed by corrections which is sometimes up to 10% drop or even higher. Changes that we have now is just 13% drop so nothing to worry.

[SakamHost]

Yea but the confirmations of the transactions goes to low, like waiting hour and more.

[Simss]

Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.

You are overdoing man by saying bitcoin is dying. Such a decline is nothing new once this happens in bitcoin. Just calm down I'm sure bitcoin will go back up to $ 4000 even more.

[nydiacaskey01]

Yea but the confirmations of the transactions goes to low, like waiting hour and more.

Again, that is normal with Bitcoin, as you know, we have to wait for a few confirmations before the transaction is complete. Sometimes 1 confirmation takes 10-15 minutes, sometimes even longer. Long wait for transaction to complete doesn't mean Bitcoin is dying there might be a lot of transactions right now.

[Pepito Manaloto]

Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.

Maybe it is because of the reason that there'll be another hardfork in November. Just like what happened before tha hardfork in the month of August wherein its value decreased, and after the fork it again increased. So , no need to worry. It will again rise, it is normal since Bitcoin is volatile. And dumps oftenly happens especially if there'll be fork. Just hold on into your Bitcoin.

[RawDog]

Yea but the confirmations of the transactions goes to low, like waiting hour and more.

This blockchain is being artificially suppressed.  Just use the blockchain that Satoshi proposed and it works fine.  Use Bitcoin Cash instead when you need fast transactions and very low fees.  If you need a highly complex settlement system that is very expensive, you have to use Bitcoin Core.  You must select the correct chain for your needs.

[YesLOST]

$3800? It's definitely dead. Dead like in 0 dollars.

[carcassone]

Like the price from 4000+ goes to 3800? Will it rise up again or that wont happen for now.

bitcoin is died a lot of time, and every time "the life" is linked to a soft line ... but normally the price have strong fluctuation, so there is any crash or death behind the corner. It's just a normal "movement" for traders, closing their position to move parts of funds in fiat cash or other investment in crypto.

[dothebeats]

This should be moved to the Speculation board.


Here we go again with the endless "bitcoin is dying" posts when the price takes a beating of more than 5%. Seriously, price alone doesn't dictate bitcoin's current state knowing that there are still services around it in the mean time and large investors are, day by day, backing up the coin and trying to build their services associating it. The future is bright; it's just that people are booking profits and this is more than likely to test higher highs in the coming weeks.

Yea but the confirmations of the transactions goes to low, like waiting hour and more.

Almost 20% of bitcoin's miners are currently directed to BCH because of the low difficulty and miners are just taking advantage of the low numbers. An hour or more for confirmation is normal if you pay normal fees. Again, 10 minutes is never a guarantee in finding a block and it greatly varies.

[YesLOST]

Yea but the confirmations of the transactions goes to low, like waiting hour and more.

This blockchain is being artificially suppressed.  Just use the blockchain that Satoshi proposed and it works fine.  Use Bitcoin Cash instead when you need fast transactions and very low fees.  If you need a highly complex settlement system that is very expensive, you have to use Bitcoin Core.  You must select the correct chain for your needs.

Nobody wants shit altcoins. Oh wait, you are right. You can use Zimbabwe dollars instead of US dollars. You must select the correct fiat for your needs.

[Sithara007]

$3800? It's definitely dead. Dead like in 0 dollars.

LOL... these scaremongers are very funny. They were hiding in some hole when the exchange rates increased from $1,800 per coin to $4,500 per coin. Now these guys have come out from hiding, after hearing about the 10% drop.

[jakelyson]

Another bitcoin is dead, nope, it is still dying (or dieing if you prefer what op used) thread. Bitcoin did not die when it crashed in 2013 and you think it is already dying because it is set back by 400$. Nope, bitcoin is strong and still getting stronger.

[7daystodie]

This is an artificial panic and a feature of the development of bitcoin. Experienced investors already know that now there is no reason for panic, just hold the coins and wait for the price increase.

[YesLOST]

wait for the price increase.

And then what?

[25hashcoin]

Bitcoin Cash is taking over! It will become the new Bitcoin!

[BingoDog]

Dying? What are you talking about? I just can't understand why are people making such dramatic posts every time when the price goes down a few hundred dollars. This is normal volatlity process and unless you joined bitcoin yesterday you should have known that. Just don't panic without reason, bitcoin is not dying.

[paragon07]

bitcoin is not dying men, i bet at the end of the month of august, bitcoin will still remain at the middle of $4000 to $5000. it is normal that the currency will decrease or increase.

[spain cool]

We often see that the bitcoin drops and rises erratically, this is a common occurrence and does not mean that bitcoin will die. If you are not familiar with this then you will think that bitcoin will die.