The FALL OF BITCOIN

[cizatext]

Bitcoin as a digital currency is already carrying out it core functions only those who are not using bitcoin for payment for goods and services using the blockchain technology are those who are misunderstanding bitcoin but even at that bitcoin is also design to be an assets with a great value in the exchange market. So saying bitcoin is not being use for it core purpose is an understatement.

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[BeBlockTech]

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

you either have absolute zero understanding of what you are saying here, or you are simply trolling. in both cases that is not cool.

USDT is one of the shadiest and possibly scammiest altcoins that has ever been created. it is a centralized token which might as well be something like PayPal and never even use the name "cryptocurrency". nobody in the world is even using this token! the only usage that it has is a temporary place where you go to if you want to go to dollar but not use dollar.

This... Comparing btc with usdt is the worst thing I've ever heard in the crypto space!! Not cool m8, not cool...

[ugr_erkn92]

As an investment only, i don't know how to buy Bitcoin creates a problem in the market. If we want to have hot money entry into the crypto market, it must be an investor of all kinds. The majority in the market demand Bitcoin as a payment system but the development is slow.

[Akpuv]

The fall of Bitcoin? How has Bitcoin fallen? In spite of the motives of different persons to Bitcoin, I don't think it has actually affected it much. Besides, life is not always all that rosy.

[Bytem3]

Finally, a move in the right direction Bitcoin price broke the critical $6,800.

https://i.gyazo.com/701d06af4538230b3f92145c55787ecf.png

[naily]

I think bitcoin is our savings for the future to come if we have and use it and it is true for the moment the bitcoin falls or falls. But the first fixed currency bitcoin cryptocurrency must have time for bitcoin to bounce back

[skyland999]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

right, I do not use bitcoin as payment but make me invest for the next few years. and there are also shops in my country that can buy stuff if we spend there can use bitcoin as pocket money and it is very effective if i think

[Magic Sarap]

Bitcoin and the blockchain can be so much more then a currency.

Considering it a shame people don't spend bitcoin on a daily basis is missing the point on a lot of possibilities. Besides, if anything, bitcoins use as a currency has been diminishing with price increasing as transaction fees are too high to sustain regular transactions.

Sad part is that you still can't use bitcoin everywhere, so missed possibilities are technically not our fault. and bitcoin has its ups and downs, so dont give up on the downfalls, have patience

No I don't think that this phase of Bitcoin can be called as the fall of bitcoin.Since bitcoin is not able to recover we cannot say that it has finished.Its price depends on a number of reasons.Firstly the demand and supply forces play an important role in determining the price of Bitcoin.Another one is how much investment is done in Bitcoin.Internet is also now getting available in many places so it is easy to use bitcoin anywhere.Digitization is also going on.

Thats not gonna happen. I know that the price of bitcoin in the market is dropping but it doesnt mean that bitcoin will fall. I know that bitcoin will recover just like in 2017 condition. As long as people investing in bitcoin is increasing, there will be no falling will happen and bitcoin will not going to die.

[mjaranzasu]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

right, I do not use bitcoin as payment but make me invest for the next few years. and there are also shops in my country that can buy stuff if we spend there can use bitcoin as pocket money and it is very effective if i think

Yeah me too, I am holding bitcoin as investments and hoping that I can get good profit from holding this. Maybe in the near future we can finally use bitcoin as a currency to buy are daily needs.

[PAES23]

It is not the fall of bitcoin, we are just starting, bitcoin is so young. We can do many things for the years to come. Bitcoin is also used for transaction as a currency, in the darkweb they are using btc as a payment. The price just falls but it doesn't mean that it is the fall of bitcoin, it’s only the price, not bitcoin.

[Haliburton]

The fall of bitcoin is temporary, maybe it will make a new history and it will rise up high. I believe that the market will not going to down forever. There is always a chance on rising but we don't exactly know on when will be the exact time to rise because it's price is really unstable and there are so many reason why it change.

Correct! In my eyes, Bitcoin will never fall, as it has gathered a lot of support from individuals all around the world. It's now a global currency which is safe, secure, and resilient against external forces. What makes Bitcoin a strong cryptocurrency is its decentralization. As such, no matter what the prices would be right now, Bitcoin will always be a useful cryptocurrency for the masses. Most recently, Bitcoin has started to rise in value, but it could go down anytime soon as it's volatile. I have no concerns about this at all, since I didn't join Bitcoin in the first place to make money, but to use it as a real currency for daily payments.

Most people spread FUD telling that Bitcoin is dead or it has fallen the moment they see a huge downfall in price, when they got it all wrong. The price doesn't determine whenever Bitcoin is alive or dead. What really determines this, is if the cryptocurrency is actively developed and supported by its users. The moment that ends, then you could rest assured that Bitcoin will be dead. But that's unlikely to happen given that Bitcoin's popularity has been spread within diverse regions of the world.

[laryillary]

The collapse of the value of the crypto currency may be associated with a reduction in the reward given out by the system to the miners for the discovery of a new block. Small companies have already felt some reduction in the benefits derived from mining. As you know, on the ninth of July this year there was a halving of the reward of the cryptonym, which, in the near future, will have a direct impact on their rate.

[Belec]

 The Fall of Bitcoin is not real , bitcoin is the best and alway will stay the best. I mean why would you say that bitcoin was worth 15000 $ dollars.Bitcoin is now worth 7000$ dollars that is still a lot of money.Maybe you invested in bitcoin and the price whent down but that doesent mean that this is the fall of bitcoin.

[rabs]

Well defined but we should be optimist in falling or crash,Falling of Bitcoin is also an opportunity to buy or invest more to hold for best moment to gain maximum profit.Bitcoin is owned by a group of whale and no one can predict the next step of whale,Mainly they pump and dump for own benefit. Rational traders learn from past history and charts and take decisions accordingly.

[Kelvinikke]

Well you have a point right up there mate because the idea behind the creation of bitcoin was to be used a digital currency in our daily transactions but it is rather unfortunate that most people in the crypto community are now holding bitcoin as an asset. Anyway i don't blame though how many outlets do you know accepts bitcoin as a mode of payment, just a handful..so maybe let's give it sometime things are going to get better.

[Wall_Streeet]

so far, a strong reason for optimism is the increase in capacity from mining farms even during the fall. so do not get upset ahead of time

[kent47400]

really true what you say, USDT and Tether is the original token of Dollar and Bitcoin is the parent of all Cryptocurrency.

and Bitcoin is created not for greed but for ease of future financial transactions. I hope you do not get Bitcoin down.

[Getmon]

Bitcoin is not a pump and dump coin. It is pumping and dumping because it is traded 24 hours every single day. It is a natural flow of its price. A pump and dump coin is that which is being manipulated by a few people. It is that which does not have a natural demand. Its demand comes only from those who are controlling the price movements. Bitcoin is not that kind. As to Bitcoin's technology, it is well appreciated, however, some people are only focused on its price.

[beivleveinsomeone]

a natural flow of its price. Bitcoin is not that type. Yes, you have a point to have a mate because the idea behind creating bitcoin has been to use a digital money in our daily deals, but unfortunately most people in the community crypto currently holds a bitcoin as a property.

[jemarleon]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

No it is not become the weapon of those greedy no one can hold all the bitcoin also that is why it is decentralized.

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

Its not just a fantacy maybe you are just lack of knowledge on what is happening, Its not just pump and dump bitcoin volatility is normal.

You are just lack of knowledge bro, read the book again.