Is Bitcoin really on it's death bed?

[TelolettOm]

Once again, panic will mean a bad thing. Everything that is started with something panic will just lead you to choose irresponsible decisions, with ego and also uncertainty. A bear market doesn't mean the end of Bitcoin and its death, that's the cycle.
Btw, related to the dumping price of Bitcoin, why should panic? If the bear market will last, at least, we should be careful enough.
We can see that the bear market of Bitcoin has been ever since 2018. But we can pass it as long as we are aware that the cycle will go on.
If now is the starting point of the price dump, just let it be. Sometimes, we need a period like this in order to be ready.
And if we have enough money, why don't we add the asset of Bitcoin again during the bear market, it is better moreover if we are expecting long term investment,

[JeffBrad12]

I fell nothing for sure. I see that a news about bitcoin ETF gets approved has been making the whales are pumping bitcoin again from the below 40 to the more than 41k again. This means the trend is driving by the news that makes people wanna try to buy bitcoin again. I hope that another ETF application will be approved by regulators and we will see the pullback from bitcoin to jump even higher than 41k. We need more and more big news to drive people to buy bitcoin and altcoins again. If we have no news to come and this may become a disaster for the next weeks.
This time people are eyeing potential bounce back of bitcoin. Just wanna try to tell you if we are almost in the end of the dump.

[coinsycrip09]

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

[goldkingcoiner]

The panic is gaining momentum with the recent dip in Bitcoin. What is really going to happen and how do you feel about it?

Heres the thing, my newcomer friend:

We all panicked when we were newbies and every single dip was scary. And trust me, Bitcoin has had waay scarier dips than this. But Bitcoin has always managed to bounce back and go higher than ever before. So we have learned to control our panic over the years and put solid trust and hardcore faith into our Investment into Bitcoin.

You need not panic, rather than that, we are collectively waiting on the next goal: 100k USD per Bitcoin.

Sure, we might have a scary drop before that, but don't let fear get the better of you. Either you trust your investment or you shouldn't invest.

[GreatArkansas]

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.
(....)

In short, they are weak hands, not diamond hands, lol.
For me, this topic is very normal. But we can't force people to believe what Bitcoin will be in the future, it's their own opinion after a short period declined, and they tend to panic.

If you also visit this page: https://99bitcoins.com/bitcoin-obituaries/
Currently, Bitcoin has died 447 times, lol.

[asriloni]

If you're a smart traders and im sure you will be seeing it as an opportunity rather than try to follow the trend to be panic and sell your tokens to the whales. Bitcoin has been facing the death so many times and i think if you were a part of veteran in crypto and you have experienced this so many times. This is just a common thing when bitcoin gets dumped to the bottom. You must not feel worry about that. You can see that if 40k has become the new bottom for bitcoin.
Expecting the recover will come soon.

[Smack That Ace]

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

[Kemarit]

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

Yeah, those are crazy times, from an all time high of $20,000 in December 2017, suddenly the price goes down very hard in 2018-2020, and that's what you call crypto winter for all of us. But for those who have survived it, for sure majority has gain a lot of profits already.

Nevertheless, history repeating itself again this 2022 and this could be the start of another long and grind bearish trend. But we will see, we've survived the previous bearish market, so obviously we can do it again.

[Blowon]

don't be in a hurry to think that bitcoin will not rise, the history of bitcoin has always been against people who think that bitcoin will soon perish, in fact I have found this more than once. I wouldn't go back to assuming that bitcoin would disappear completely if for no very obvious reason, if it's just a sharp decline, maybe we're at the point of a saturation market and a bear market. The thing to do now is to buy it if you believe it is a low price, then trust bitcoins because they will immediately generate huge returns.

[kesmex]

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

There was a time when the price of Bitcoin experienced a really drastic drop in price and that happened in 2018,
but it must be realized that Bitcoin remains a promising asset especially for the long term,
it looks like Bitcoin is going up again and even reaching a new ATH after 2018 experienced a decline

[deathcode]

don't be in a hurry to think that bitcoin will not rise, the history of bitcoin has always been against people who think that bitcoin will soon perish, in fact I have found this more than once. I wouldn't go back to assuming that bitcoin would disappear completely if for no very obvious reason, if it's just a sharp decline, maybe we're at the point of a saturation market and a bear market. The thing to do now is to buy it if you believe it is a low price, then trust bitcoins because they will immediately generate huge returns.

That's right if BTC is experiencing a very deep decline we have also seen in the past. and then this year we see how BTC makes pumps again.
if later a severe dump happens I'll buy it and save it to prepare with the pump long-term.
a lot of people talk bad when BTC goes down, but when the market goes up people are silent.

[Tony116]

Let's look at the past, Bitcoin has never let us down and the future will remain so. Up and down markets are just sustainable market cycles.
We are in the bear market again but don't panic and don't sell your bitcoins make this your rare chance to make full bitcoin in your pocket.
Always believe in Bitcoin we will have huge profits when there is a pump.

[Jackl87]

The panic is gaining momentum with the recent dip in Bitcoin. What is really going to happen and how do you feel about it?

Obviously almost no one in here really thinks that bitcoin is dying just because it's price goes down a few percent or maybe even more withing a relatively short amount of time. People that are in the crypto space for a while will know that this has happened dozens of times before and each and every time bitcoin has recovered from that and most of the time even was stronger afterwards in the long run. That being said, of course no one can know if we reach another Bitcoin ATH anytime soon, if ever. I personally think that other projects have just way more usability and scalability than Bitcoin has. Of course Bitcoin is still the king for a lot of crypto enthusiasts as it was the project that started all.

[alexeyneu]

my target price still is $1500 ( grand + smth ) .

[jaberwock]

don't be in a hurry to think that bitcoin will not rise, the history of bitcoin has always been against people who think that bitcoin will soon perish, in fact I have found this more than once. I wouldn't go back to assuming that bitcoin would disappear completely if for no very obvious reason, if it's just a sharp decline, maybe we're at the point of a saturation market and a bear market. The thing to do now is to buy it if you believe it is a low price, then trust bitcoins because they will immediately generate huge returns.

I really don’t know what would make anyone to panic at this time. Even at its lowest currently, compared to what we have seen before, the market is still at a very high price. Before now we were very far from $40,000, but now this price of $40K has become the regular price of Bitcoin.

The all time high price we had around 2017 to 2018 was below $20,000. So, what we have now is like double of that price. So, why would anyone be saying that Bitcoin is dying when we are very far and moving ahead? This is just a bearish trend that usually happens in the market and when the time is right we are also going to see an uptrend again.

[Kingairdrop]

If you are a cryptocurrency enthusiast, you will have seen this pattern several times and you would have know that there is always a light and the end of the tunnel. So don't give up believing because Bitcoin has come to stay.

[Teucrypto]

How many more obituaries can Bitcoin get before it is declared it won't die? Seriously do we need to surpass 100k first before people stop calling for its death? I wouldn't worry honestly and in fact I am pleased with this current dump because we have strong support at 6k and if we can bounce there again, it only means good things moving ahead.

[BIT-BENDER]

I hope this teaches you not to draw conclusions just because of a dip, Newbies get this right, dip or bad market are pieces that makes up the Crypto-currency atmosphere, I understand the worry, some coin can actually go into this dip and won’t come out now that when good research is necessary before investing, but in terms of coins like Bitcoin, eth and some other good Alts the chances that happening is low, even if a dip last long, this big coins find away of recovering especially Bitcoin.

[doctor877]

it wont stop dyeing and thats realy worth thankful for because the profit is in the death. so each time you hear bitcoin is dyeing, this is practically the best time to buy.

[DOH!]

This is not a drop as bitcoin has broken away from the $34k region, the lowest this year.  But it looks like bitcoin is really caught in the middle of a bunch of negative pressure…the history of winning is bitcoin's and we're pushing through greatness.  Just wait, crypto unity will beat FUD