The DEATH of Bitcoin Surfaces Again

[Kisanaq]

I am new to this forum and to bitcoin and I am not even worried about this latest panic in the market. I have confidence bitcoin has the strength and support to grow into the future

Yes agree, when the price drop then better buy, look now the price reaches $ 4500 or up $ 600 within 10 hours, panic will make us loss so we have to make target price how much we will sell.

[clickerz]

I am new to this forum and to bitcoin and I am not even worried about this latest panic in the market. I have confidence bitcoin has the strength and support to grow into the future

Yes agree, when the price drop then better buy, look now the price reaches $ 4500 or up $ 600 within 10 hours, panic will make us loss so we have to make target price how much we will sell.

Thats true, and for a member here for more than a year I am used to it. Its normal that there are fluctuations in prices especially when there is unpleasant news about bitcoin.For me, I can say just stay calm and observed whats  happening. Do not panic.

[SUDARMONO]

I think it's a joke that can make me laugh, I never think or imagine bitcoin prices to fall for $ 100, although bitcoin is bleeding I'm sure it's just temporary, and one day bitcoin prices will always rise and rise if viewed from percentage every year, to friends do not be easily influenced by gossip gossip that can make your panic.

[Fishbones78]

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.   

Why's that Vod? Is quantum computing fast enough to crack keys etc? Current computers (er, I'm not sure what you would call them) aren't far from their limits as things can't get much smaller without electrons jumping is what I heard. I didn't think quantum would be fast enough to break something though?

[cybersofts]

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^

Yes, China is panic the way chinese people are investing their money into bitcoin and altcoins.
China is afraid of losing control over people's money in the future because if everyone invested in bitcoin they no longer have control over people.

[aryaadikariyansyahsuwarto]

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?

oh no, where do you get the news? is it valid and acceptable ,? I think we need to re-dig the information, do not jump to conclusions or decisions, it can make others worry. so I used to believe that, we should be calm facing such an issue. I personally can not yet believe the issue.

[valisa]

it will not happen, maybe if there is a decrease it will not reach 100 $ price, because the price is now still 4000 $, such news is often that bitcoin will die, but until now bitcoin is still there and the price is more expensive.

[0t3p0t]

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 if this is the beggining of the death of Bitcoin. Bitcoin is used in trading altcoins or investing on ICO's that's  why Bitcoin price goes down because Chinese government implemented I think a total ban on ICO's in their country to protect people from getting scammed again. Scams and FUD could change the stae of a coin into being dead but when we talk about Bitcoin I really don't agree if you are going to say "the beggining of it's death" since Bitcoin is a widely used cryptocurrency by people in the market all over the world legally or illegally so it is really hard to tell when you say "death" if it will easily recover after what had happened to the market. And also I am not convinced that the FUD community are having parties when something like that happened but it's the traders who's souls are ascending into heaven for the lowest investment in that biggest dip of price in all coins. I believe Bitcoin is unstoppable and it's death is unknown and I think it is for the lifetime or even immortal that is how positive thinker I am.

[aryaadikariyansyahsuwarto]

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 if this is the beggining of the death of Bitcoin. Bitcoin is used in trading altcoins or investing on ICO's that's  why Bitcoin price goes down because Chinese government implemented I think a total ban on ICO's in their country to protect people from getting scammed again. Scams and FUD could change the stae of a coin into being dead but when we talk about Bitcoin I really don't agree if you are going to say "the beggining of it's death" since Bitcoin is a widely used cryptocurrency by people in the market all over the world legally or illegally so it is really hard to tell when you say "death" if it will easily recover after what had happened to the market. And also I am not convinced that the FUD community are having parties when something like that happened but it's the traders who's souls are ascending into heaven for the lowest investment in that biggest dip of price in all coins. I believe Bitcoin is unstoppable and it's death is unknown and I think it is for the lifetime or even immortal that is how positive thinker I am.

I agree with you, certainly such an issue should not continue, still positive thinking, do not be too rash to assess such information, need follow-up and an eloquent understanding that us as bitcoin hunters do not misjudge something.

[mevmike]

Bitcoin along with other cryptocoins were really hit hard due to ICO ban in China...
But to say that will it be enough to kill bitcoin...
My answer is totally far from materializing.
China may be a big player when it comes to cryptocurrency...
But not that big enough to be able to kill bitcoin..
.
As we can see today bitcoin along with other cryptocoins are slowly gaining again...
The market have already adjusted.
Looking forward for it to be back to where it is a few weeks from now..

[Gabb]

The long awaited death of bitcoin has just arrived !!!! hahaha, I do not think so. I have seen such prophecies so often that I should be accustomed to it. Just remember that in June of this year the bitcoin achieved a price of $ 2800, to drop days later to about $ 1800, that is a loss of 40%. It is strange to see people who are not yet accustomed to the immense volatility of the altcoin market.

[Spinbackup]

Bitcoin dropped only about 4% this past week if I'm correct. A 4% drop is not the end of he world. We can expect bitcoin to drop and rise drastically over the coming weeks. Overall, Bitcoin is going up in value, however.

[prtty2gal2]

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^

China will actually never even kill bitcoins. Chinese political readers won't do that. They have made this move for the protection of their own local currency. It will definitely affect the prices and there will be a panic among many people but nobody will leave his bitcoins. I can bet on that.

[garmerys]

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?

oh no, where do you get the news? is it valid and acceptable ,? I think we need to re-dig the information, do not jump to conclusions or decisions, it can make others worry. so I used to believe that, we should be calm facing such an issue. I personally can not yet believe the issue.

Is this a joke? Well it’s laughable. This is not the first time I’m coming across news that bitcoin is dying, I’ve came across it several times, a hundred even. After all that $hit, we’re still here and bitcoin is still making major success. All these stupid news is written by people that are seeking personal interests.

[kevpantof]

This whole topic is so ridiculous I'm amazed that someone had the nuts to start a discussion again. I could understand bitcoin death topics during the great depression, like the one in 2015, but now? The price is up by over $4000 since last year and there are still people who say it's bad, that we are going to lose money on bitcoin. Unbelievable!

I also think about it why again and again the topic of bitcoin death come towards me. A am also so depressed by seeing the topic like this. Bitcoin will never die and it will survive till the end of the humanity.

So please don’t think about the death of bitcoin. Yu can ask about the popularity and acceptance and how to improve the role and importance of bitcoin in the world. So you will get positive remarks.

[niisarearning]

Bitcoin along with other cryptocoins were really hit hard due to ICO ban in China...
But to say that will it be enough to kill bitcoin...
My answer is totally far from materializing.
China may be a big player when it comes to cryptocurrency...
But not that big enough to be able to kill bitcoin..
.
As we can see today bitcoin along with other cryptocoins are slowly gaining again...
The market have already adjusted.
Looking forward for it to be back to where it is a few weeks from now..

Yes it may affect bitcoin  for some time then after it will raise for sure . There is lots of big organisation still running great like facebook , google even after ban in china . This will effect for some time then things will settle down may be some positive news will come soon.

[nightwishx]

yes. this has happened in the past. but I still believe in bitcoin that they will be able to do something in the future. do not get a wrong step in making decisions. I'm sure this kind of thing is only temporary and will be back to normal.

[TheKeyLongThumbI]

Dead again? Like how many times people try to kill bitcoin? I guess some people panicked easily when they found out that the big Chinese players are moving out in this game especially those noobs.

[digitalgame4life]

I think bitcoin will never die, as long as the internet stands bitcoin will survive all the way, the real problem are governments and laws that try to screw up things, and believe me if they think its time cryptocurrency is a threat to their dirty stinky money they will block exchanges and illegalize cryptos

[Akash1243]

This statement also arises whenever there is huge dip.Bitcoin have died many times there have some dumps in past too but bitcoins has always survive them all.This China things will affect bitcoin only for small time then every thing will be normal and price will keep rising again.The chance of death of bitcoins are very less unless government tries to ban it or any other crpyto currency arrive which is better than bitcoins.