The DEATH of Bitcoin Surfaces Again

[CryptoBry]

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

[TheGodson]

Oh my goodness! I hope not, I'd lose a lot of money if this was the case. I don't think this is the end of Bitcoin, it is only the beginning. Bitcoin is only down 4% for the week so I don't see what the fuss is about. China banned ICOs, but that's just about it. Bitcoin is volatile so we can expect things to happen like drops of 10 to 20% in a day or even more. What really matters is the long term. The long term trend is up and I expect it to further continue that way.

[Twinkledoe]

I don't believe that this is the beginning of the death of bitcoin. Even if I'm a noob here, I still believe that crypto era has just begun. That's my opinion though.

[HabBear]

I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

If the price did drop to $100 how long do you think it would take to regenerate the amount of momentum and growth we've seen this year? I'd live $100 bitcoin....one more chance to average down the cost position!

[smyslov]

I don't believe that this is the beginning of the death of bitcoin. Even if I'm a noob here, I still believe that crypto era has just begun. That's my opinion though.

Your opinion is right, this is not new and it's happened so many times I think this is the 100th times where people shouting it's the end of Bitcoin but after a week Bitcoin resurrected, maybe a good news can push Bitcoin again to rise, let's see what happen in the next two weeks.

[CoinChili]

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

of course they are kidding you, history repeat itself, I think this is only the effect of banning ICO in china, time to buy people.

[Vod]

I don't believe that this is the beginning of the death of bitcoin. Even if I'm a noob here, I still believe that crypto era has just begun. That's my opinion though.

Some believe the crypto era is ending with the adoption of quantum computers.   

[ryo03800]

you also have made the atmosphere becomes more bloody. where do you get info about FUD? paste each link you bring the news, it will be better. this news will only make the bitcoin community upset, in my opinion this is just an issue to destroy bitcoin, while the creator of the issue has put up a net to accommodate more bitcoin at cheap price

[zarados]

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.
No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.
Are they kidding me?

let them speculate that it is the death of bitcoin, but remember, this isn't the first time of bitcoin tragedy, there's a lot of happen in the past, but what happen? bitcoin is always survive and even more expensive than before, this is just a correction because bad news from china. and $100? they're totally joking. I thought even if its reach $2k, I believe there will be a very huge buy wall. This is just a discount time for those who always believe in crypto currency especially bitcoin.

[CryptoFinance]

If price action goes below $2000, then you can be worried. Until then, we're doing fine.

[winderx]

The crypto era has just begun. Especially recently, crypto's exposure is getting more and more, with the 5 major banks working together on a new Crypto

[ontimepass]

when the tiger hunts their target then tiger goes behind one step then start to run to get their victim. 

[Kakmakr]

We will just add them to https://99bitcoins.com/bitcoinobituaries/ like we usually do. The DEATH of Bitcoin was predicted since it was started and guess what, we are still here. The Chinese government alone will not kill Bitcoin. They saw massive amounts of their local currency being invested in unregulated ICO's and they think that this is a form of capital flight, so they banned it.

It has nothing to do with the protection of their citizens, but merely a political move to protect their own currency.  ^grrrrr^

[CoinChili]

If price action goes below $2000, then you can be worried. Until then, we're doing fine.

if this happens, I will buy more BTC  , and will sit down and relax. My perspective with BTC is solid, after the BIP and Segwit success.

[d5000]

now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history.

Not even close. Bitcoin lost less than 20% (4950 to 4000) in the last 3 days. It only looks bloodier because the absolute price is higher ... so the almost $1000 look like something never heard of

Even in 2017 there were several crashes with a deeper fall:

- June 12-14: 3000 to 2300 (~24%)
- May 25-27: 2700 to 1850 (~31%)
- March 16-18: 1270 to 950 (~25%)
- January 5-7: 1150 to 850 (~26%)

Source: https://bitcoincharts.com/charts/bitstampUSD

(The biggest bloodbath was the April 2013 crash, where price in three days went from $250 down to less than $100. That's 60%!)

[A1exander]

(The biggest bloodbath was the April 2013 crash, where price in three days went from $250 down to less than $100. That's 60%!)

It was even worse in the early days, from $30 to slightly above $2 in 2011, almost 15 times! The volatility is decreasing.

[Herbert2020]

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again

the "topics" say it, so it must be true, do you know any time before that these "topics" have been wrong?

now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history.

18% drop after 400% rise is barely a bubble bath let alone be a "bloodbath"!

And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

bitcoin goes down, altcoins get massively dumped!
this is the story of altcoins from the start. there is nothing new to it.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

no the FUDsters are enjoying their shorts and making a lot of money from it while everyone is chasing their own tails then they will start filing their bags with cheap bitcoins again when everyone is asking when will it end and again they will continue to buy it up as everyone is asking will it continue rising or will it drop. and they sell again when everyone is saying i finally bought back after the drop ended and price went back up!

[cjmoles]

These threads sorta of amuse me.  "Bloodbath?"  15-20 percent swing?....It has mooned in the past couple months so it's hardly a "bloodbath!"  Remain calm ---> step away from your monitor for awhile ---> and come to your senses.  There's a much larger picture here, so you may need to zoom out a little and view the broader trend.

[mevmike]

For me all of this is just normal....
A sudden decrease in price after ICO ban in China must already be expected...
Of course Chinese hodlers would somehow feel some pressure thereby making them decide to sell their acquired coins.
Thus making the supply of bitcoin in general circulations increase....
My advise instead of being worried why not buy some coins...
this is a nice time to do that...

[yugyug]

Bitcoin had suffered multiple death experience since the day of its conception but still it survived. Bitcoin is immortal as it rose from the dead, we may even taste its bitterness from sorrow but sweetness comes to those who waits. we may also feels the FUDding every time it reach its predictable peak but the hodlers celebrate its glorious days when bitcoin gets down.