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Author Topic: is bitcoin over?  (Read 3299 times)
Blackhammer321
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April 04, 2018, 11:15:51 AM
 #681

Just because it is continuously dropping in value doesn't mean that bitcoin is finally facing its end. I think of the current value of bitcoin as a bear trap for those foolish investors that would sell their investments when the value drops. Because if we consider the value of bitcoin at the same month last year, the value is still very high compared to it.
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bitkaboom2
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April 04, 2018, 11:25:09 AM
 #682

It is just a bad phase and Bitcoin may emerge more strongly.

kuncimobil
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April 04, 2018, 12:32:15 PM
 #683

of course not, bitcoin prices are currently down but we do not need to panic because I think the price is down is normal and we have to be patient and wait for bitcoin prices will rise again
andylowe
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April 04, 2018, 12:42:19 PM
 #684

It is just a bad phase and Bitcoin may emerge more strongly.
Bitcoin will never over, it is too impossible. Bitcoin will spread out and will be improve and developed more. Bitcoin is for our future, so it will never happened that bitcoin will be over. Yes, price of bitcoin drop but it is not the reason that bitcoin will be over because right this time price of this tries to increase. It just really needs patience.
Pansamantala
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April 04, 2018, 12:45:16 PM
 #685

I don't think so. Just because bitcoin's value is dropping right now doesn't mean that it will eventually die this year. Bitcoin's price fluctuations are completely normal and usual in the industry's scene and therefore everyone that is having doubts over bitcoin's recover should cast aside their fears and save their precious bitcoin investments for when bitcoin's price bounces back to normal.
Quesdana
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April 04, 2018, 12:46:29 PM
 #686

Bitcoin price is getting down just like ski slop!
Is bitcoin over? do you think bitcoin will recover their price?
I'm afraid, I lost my everything almost 2million....
If you are investing in bitcoin with that amount, that would be a normal reaction with current market situation. I would also feel anxious considering that i would lose almost half of that amount. But i think you violate the first rule of investment which is invest money that is extra and you can afford to lose.
Singbatak
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April 04, 2018, 12:54:33 PM
 #687

Bitcoin price is getting down just like ski slop!
Is bitcoin over? do you think bitcoin will recover their price?
I'm afraid, I lost my everything almost 2million....
Bitcoin is not over. I believe the price will recover at the right time. Be patient friend. Bitcoin is impossible to end. The dump down of bitcoin is normal. That is the flow of the market.
godsavethebitcoin
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April 04, 2018, 12:56:07 PM
 #688

Is it the end of Bitcoin and cryptocurrencies? First of all, let’s find out the reason why this question is very popular nowadays.

Bitcoin: from $20,000, in December 2017, to $7,000.
Ethereum: from $1,450, in January 2018, to $380.
Ripple: from $3.90, in January 2018, to $0.50.
Bitcoin cash: from $4,400, in December 2017, to $660.
Litecoin: from $380, in December 2017, to $120.

These are only the first 5 cryptocurrencies ordered by market cap. It’s obvious that there is a strong downtrend since the beginning of 2018.
So is it the end of Bitcoin and cryptocurrencies? I can only share my point of view: NO!

We always talk about investing in cryptocurrencies, most of people don’t even know what they can be used for, how, why. Any of these cryptocurrencies has a team behind that is working to develop a technology that can be useful for people. We are talking about a new technology, which can improve people’s lives.

How many people have an iPhone or a Mac?
Let's talk about Apple’s stock price between 1995 and 1996. The price went from $1.54 to $0.57 (-63%) in less than one year. Today’s price is $166.

Have you ever bought something on Amazon? It’s very convenient, isn’t it?
If you check the chart of Amazon’s stock price between August and November 2008, you will find that the price went from $88 to $35 (-60%) in 3 months.

Do we really need to talk about the dot-com bubble? 🙂

I have received a few messages during last weeks. I can summarize them with: “all the cryptos are going down, how are you handling this situation? Are you not worried?”.
When you invest in a cryptocurrency (I’m not talking about trading), you invest in the company behind it. As I say in my course, you perform a due-diligence of the company, studying the project, the founder, the team, the development through the years etc.
You are not alone in this boat. If you lose your investment, the company loses its project.
I lost 22% of my investments in cryptocurrencies since January 2018. I’m not happy about it, but I’m glad that this crisis is removing all the “take-the-money-fast-and-run” from the market. At the end, I believe it will be just like the stock market. You buy a share of the company that you believe in, that you share the same vision with. If you keep thinking of cryptocurrencies like gambling, you will panic even after seeing -10%. If you take time to think about it and start to see cryptocurrencies like an investment in the company, an investment in a new technology, an investment in something that can be the future, you will live this crisis much better.

Let’s also talk about the technologies that they are developing. Right now the technology is rudimentary, many teams are working on solving problems and they are finding solutions every month. I started to use internet in 2000, I was 10. Do you remember the sound of dial-up modem?
It is funny to hear it now, 18 years after I started to use the internet. How many things have changed? How the technology improved? How many people were skeptical about that technology at the beginning?

So if you ask me “is this the end of Bitcoin and cryptocurrencies?”, I tell you: “this is just the beginning”.

Full article here: http://quoraforexquestions.com/the-end-of-bitcoin-and-cryptocurrencies/
neoandtrinity
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April 04, 2018, 01:02:36 PM
 #689

Bitcoin price is getting down but like legend never die, as we can see price $7100  now with the price 2016 up more than 1000%
andibongkol
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April 04, 2018, 01:09:44 PM
 #690

I think most people who invest in crypto lose, the price reduction of bitcoin and altcoin may be caused by the world economy, I think almost all investments have decreased, in my opinion this is only temporary and now I just hold and wait for the price rise
not only that. people deliberately raised the issue to be able to drop the bitcoin price. so I'm sure that now it's probably a lot of people who understand this is just waiting for a matter of time just to be able to ride

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assyla
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April 04, 2018, 01:13:13 PM
 #691

Bitcoin price is getting down just like ski slop!
Is bitcoin over? do you think bitcoin will recover their price?
I'm afraid, I lost my everything almost 2million....
Yeah, we may feel the sudden down of bitcoin in the market but it is normal, as you can see and if you read some articles about bitcoin they say it that it is normal because bitcoin has an unstable price and it will always changing because of some factors that influence its price, so we can say that bitcoin is not officially over.

doaremon
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April 04, 2018, 01:15:39 PM
 #692

Same topic---
This topic is similar with this one---
As you can see from the last couple of months price of bitcoin going down and down..
Is this the beginning of the end?

To me I don't think so. Bitcoin is the mother of all the crypto currency present. It's also the only crypto currency which is very old one. It made many invertors profitable due to it's value ups and downs. If bitcoin wanted to be shut down then it already would had been shut down.
So, I think it's just , Bitcoin is going through a bad moment that's all.

Just be patient and wait. The price will be up again.

decano
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April 04, 2018, 09:57:50 PM
 #693

If you look at the price of bitcoin every day, then you will be absolutely worried. Do not look every day, prefer long-term investment. Do not worry about falling prices. Bitcoin is the new digital gold. BitCoin will never end. Btc will continue to live as long as it is demanded.
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April 04, 2018, 10:13:14 PM
 #694

No, the bitcoin is not over! it's just a bad period, consider that even in the past years there have been these periods, you need only a lot of patience and believe in the potential of this new technology.

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quirman77
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April 05, 2018, 01:53:53 AM
 #695

at the moment I think the market is churning, so from that I do not think you should be panicked, and bitcoin will not end that easily.
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April 05, 2018, 02:03:18 AM
 #696

I think not because there are still many people who want to target or find a bitcoin and want to get it and I think the bitcoin has not ended.
jhonycrypto
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April 05, 2018, 02:06:40 AM
 #697

I do not think Bitcoin is over because Bitcoin now is very popular to the world we cant say niw that Bitcoin is over because no one knows what will happen in the future but now for me i think it depends on investors traders and buyers. Smiley
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April 05, 2018, 02:08:12 AM
 #698

for some people it is so. they assume that the bitcoin heyday is up. and now live story saja.tapi for those who still exist and have a sense of high optimism still hope bitcoin can still rise again in time.
HellDiverUK
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April 05, 2018, 02:21:24 AM
 #699

If you look at the price of bitcoin every day, then you will be absolutely worried. Do not look every day, prefer long-term investment. Do not worry about falling prices. Bitcoin is the new digital gold. BitCoin will never end. Btc will continue to live as long as it is demanded.
people are too worried that they can only predict a fall in prices. their panic will make the price go down. let alone in the added media that worsen the situation
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April 05, 2018, 02:36:49 PM
 #700

I think no, even the price of bitcoin is going down. If people never stop in supporting bitcoin, bitcoin will never die.
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