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Author Topic: Is this the end for bitcoins ?  (Read 3471 times)
Invester
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April 12, 2018, 06:56:38 AM
 #861

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


I think you are reading a pessimistic article that is written by a person who is cynical of Bitcoin's growth. Well, Bitcoin is indeed falling down. But it has happened several times already in its several years of existence. And every time Bitcoin falls down, I guess there will be similar kinds of articles that would come out. But in the end, the Bitcoin they predict would die soon will rise once again and surprise them all. Why wouldn't they buy Bitcoins instead?

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April 12, 2018, 07:29:56 AM
 #862

Certainly not. This is not the end of bitcoin. I think even now is the turning point and the process of preparing the bitcoin return. Bitcoin will slowly rise again so this is not the end of bitcoin.

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April 12, 2018, 07:38:20 AM
 #863

Why its must to be a bitcoin finish ? No way we will see bitcoin high and new bubbles many times not everyone already invested in crypto Smiley

                   
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April 12, 2018, 07:42:44 AM
 #864

The end of the bitcoin will come when most investors turn away from him. But until this moment is still very far away, quite a lot of people are interested in its growth.

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April 13, 2018, 08:06:23 AM
 #865

Some people say that bitcoin will be ending soon. But according to the news and reports , a lot of people using it. Infact in japan, most of the doctors in clinic do accept the bitcoin as their payment. Most of the industries in u.s are currently using the same method
 
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April 13, 2018, 09:33:17 AM
 #866

Bitcoin is the more powerful cryptocurrency. There is no way to eliminate bitcoin for it to last. It may be dump its price but it will pump up again. Many investors will take opportunity to collect and invest bitcoin during its fall and still believing to get huge profit in the future.

I agree with you mate, In my perception by all bad news in bitcoin that sudden appear in the social media was just a fraud.  That seems they mean it to spread it out in order to discouraging by new investors and make bitcoin dumping its price. In that wat some of the will take advantage for that to invest more in bitcoin while it's till in low rare.
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April 13, 2018, 09:50:02 AM
 #867

Some people say that bitcoin will be ending soon. But according to the news and reports , a lot of people using it. Infact in japan, most of the doctors in clinic do accept the bitcoin as their payment. Most of the industries in u.s are currently using the same method
 

It is only people thinking but in fact it will not be happened becasue bitcoin has cross the limit and in all over the world people trust on bitcoin and use it in a huge level. But few people think about it that bitcoin will be die and these type of people are usually bankers and banks don't want to see bitcoin popular that's why they have negative thinking about bitcoin and all the time they say bitcoin will be die.   

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April 13, 2018, 10:05:17 AM
 #868

This is not the end of the bitcoin because anything can happen and bitcoin also still can go back to have a good value only live waiting time and we as users need to be patient to it
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April 18, 2018, 12:48:13 AM
 #869

Very sad indeed. I feel the sentiment here due to the decrease of value of bitcoin. I guess this news is making the people panic and its their way for people to lose interest with bitcoin. This news is helping them so much to dethrone bitcoin as the "king of cryptocurrency". Or maybe they just manipulating the market to lower the price of bitcoin and somehow buy bitcoin in a lower price and possess as much bitcoin as they like (just in my opinion, no evidence that its happening). People just need to be calm in the time like this (eventhough its a heart-breaking moment)
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April 18, 2018, 01:52:13 AM
 #870

If there news about bitcoin that it is dead or comes to an end, then we considered it as a very fake news , if only there reference the market value is going down and the end of bitcoin ,this not gonna happen bitcoin is still very active and maintain its popularity ever in digital world and I do not think it will end.

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April 18, 2018, 01:55:17 AM
 #871

if only because of its use, or because its advertising system is decreasing, I do not think bitcoin will die, or disappear. bitcoin is a form of technological development. so I feel the greater the technology developed, the cryptocurrency will also develop, especially bitcoin.
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April 18, 2018, 02:03:56 AM
 #872

I don't believe it because they just want all the user that are holding their coin for too long to hesitate and panic in their side and lead their decision goes wrong. You know, I mean people will lose their mind and sell their coins to decrease the long term holder.  That's why better not to listen in that article they just want to decrease the holders of some coins.

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April 18, 2018, 02:06:19 AM
 #873

Bitcoin is still young as compared to all traditional currencies. It will take time to mature and settle in currency world. Bitcoin is a digital currency, it possesses decentralised nature i.e. backed or regulated by no authority. As a result less information and knowledge is available about it. In the last month it has crossed the price tag of $19000, and after that its price is coming down. People having no knowledge of cryptocurrencies started naming this as an end of bitcoin currency and starts comparing t with Dutch tulip mania , the Mississippi bubble and the south sea bubble. This is completely wrong; volatility is the nature of currency.  Being a decentralised currency bitcoin is more volatile than other currencies. Such roll downs are expected after such price raise.
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April 18, 2018, 02:13:12 AM
 #874

if only because of its use, or because its advertising system is decreasing, I do not think bitcoin will die, or disappear. bitcoin is a form of technological development. so I feel the greater the technology developed, the cryptocurrency will also develop, especially bitcoin.
bitcoin will be the future payment technology needed by the world's financial institutions. this time was still developed again so that transaction costs and speed can be better. Visa technology in the future will be defeated. so if it says bitcoin die, that's the wrong thing.
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April 18, 2018, 02:13:17 AM
 #875

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

I never believed 100% of the press. There is a lot of bad information about bitcoin but they are all incorrect. Bitcoin is attracting many investors and is accepted by governments. Almost every bad bitcoin article is written by  the netizen  who absolutely don't know about bitcoin . Bitcoin is expected to grow strongly by many participants and it could become the world's common currency in the future.
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