The DEATH of Bitcoin Surfaces Again

[leirou]

I do believe this is not the Death of the Bitcoin / crypto currency as if some new traders sees . It is just a sell off or correction which is really a normal thing in stocks tradings. it would be unhealthy if it will just go up without rest.

[CryptoBeefy]

When a drop happens, perspective goes out the window. Stand back, look over 3 months, 6 months, a year ... Drops happen but it recovers. Keep the faith!

[kyceblck]

Putting out fake news to cause to a panic sell. We know the games.

[lombok]

as far as the eye sees bitcoin or altcoin always decreases. this is common in bitcoin, so do not expect that bitcoin will die.

[noictib]

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?

I don't think this is truth because the main reason is that why it will go toward the end . In my whole life with bitcoin i seen that many -ve news come and ban of bitcoin was the news life air thunder but still nothing happened and bitcoin remains yet like a currency whose demand is not going down , and also here my question is that why it wil go down , there is no reason at all to go down .
Here fluctuations is a main part of tue cryptocurrency , And if it will happen to reach at 100$ then j am 100% sure that wilp be awesome time to buy because we already lost that opportunity to buy the bitcoin at low price .
Well this is totally impossible to go down , but possibilities of going down more than 50 to 200$ is not possible , so leave your tension and use bitcoin without any more tension of fluctuations because going up is profit and going down is the opportunity of buy

[Coffee135]

The death of bitcoin can't happen because of falling prices. As the familiar game of speculators, and we very soon will see growth rates of up to $ 5,000. Bitcoin is much more dangerous for the inability to spend it directly. We are constantly forced to exchange it through the banks to the Fiat. It is very dangerous.

[linyhan]

If youre a bitcoin believer you will say that everything that happens todays is only a normal thing. Bitcoin already face several death experience the worst is when the price hit below 200$ but look at bitcoin right now going stronger as days past.

[MostHigh]

Am surprised people are writing long articles because prices fell up to 4% this week. i dont think that is much of a problem considering that China is a major player and the ban o ICOs there will definitely shift equilibrium a little but as much as the split couldnt do enough so cant this. BTC will recover with all the altcoins

[ActiveP]

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?

Bitcoins death has been predicted over and over again, and I think it will take more than the ban on ICOs in China to kill it. Watch the price rebound over the next few weeks.

[Singbatak]

The bitcoins have fallen alongside the ban of the Chinese government on the ICOs. And this is not a big deal because this is really the trend of the market probably in altcoins you just see the downturn now in bitcoins have fallen as much of it as you are so stupid to make a mess. And yet there is a belief that it has come to the end of bitcoins. This is exactly how the world of trading falls and increases and I continue to believe in that belief you do not have to approach

[aoluain]

"The DEATH of Bitcoin Surfaces Again"

the answer is YES and NO

Yes, the FUD has spread and people are buying the low's while
others are panicking and selling in cast they are left holding
worthless coinage.

No, its not the death of Bitcoin, of course its going to react to
the panic selling as above but will [has] bounce back from all the
reactive buying of the lows

simple! 

[BitcoinsGreat]

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?

There is not bitcoin exchange hacked, there is no hardfork, there is no issue in the blockchain and no ones bitcoin has been stolen. what happen is only china ban the ICO and we see people selling the bitcoins like madly. This is just the bitcoin is moving from weaker hands to more stronger hands and it will rise more strongly very soon.

[heitorlinks]

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?

Hahahahaha I do not think so.

The revolution is already being made and the state authorities do not know and do not have enough intelligence to understand the blockchain. We won before we started.

[gentlemand]

The OP evidently hasn't been here for very long. This is less than nothing in the great scheme of things. Try sitting through 2013-15 and then coming back to us.

[Celsiuss]

Stop panicking please! There is no reason to panic over something little as this (okay maybe not little, but it's not a crisis). It's fine, the market goes up and down all the time. This time a little larger than usual, no need to worry as it will probably go back to normal soon.

[stromae]

If youre a bitcoin believer you will say that everything that happens todays is only a normal thing. Bitcoin already face several death experience the worst is when the price hit below 200$ but look at bitcoin right now going stronger as days past.

This is the deal! They cannot see this and start fudding by panicking other people. Some people think they can earn forever. This is not the case in the market, especially in the crypto market. The price will be applied corrections.

[d5000]

(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.

If we take into account the whole bear market, then the 2011 cycle was definitively the worst, that's true - followed by the 2014 bear market (~1200 to ~150).

But in my list I took only into account short-time crashes and a three-day timeframe, to be able to compare it to the current "crash" (or "correction"). 60% in one single day was unique and never was "achieved" again in the history of Bitcoin - neither before nor after 2013. June 11, 2011, was the second major bloodbath, with a ~40-45% loss on MtGox (~23 to ~13 USD).

I think we'll never see such crashes again because of the major usage and liquidity. But the market is still not mature enough for Bitcoin to be really "usable" as a currency and unit of account.

[Soranith]

This kind of FUD keeps on popping every time bitcoin makes a new ath and yes there might be blood as of the moment but just like before bitcoin will still recover and will still keep on rising so its not yet the end of bitcoin. Banning ICO's in China will not make bitcoin dead.

[Reid]

A Fiesta already for a what? 200 to 300 dollars down? Come on! They should be better than that.
It is still at $4k and that is a hell of an amount of money.
With this value nothing can stop bitcoin now even if it loses $1000 of its price, it is still way up than any other commodity or currency in the world.
They should be more worried on how fast it will land at the $5k mark.

[PauloLuks]

If the price falls to $ 100, that will not imply Bitcoin's death. I think it may even have an opposite effect. Do not forget that bitcoin is a currency without barriers, without frontiers.

Regards.