Can We Finally Call This the DEATH of Bitcoin?!?

[Al-e_x]

bitcoin and crypto world is not over yet, fiat will survive, but bitcoin will always threaten fiat currency because bitcoin is accepted by the world.

and the last, all the world's central banks will use blockchain technology to attract more public because when bitcoin is received by the world, many people leave fiat.

and it will happen, even though it has to go through a long process.

[rockstarr]

Bitcoin will outlive a lot of people on this forum if not everyone, the beginning of the bitcoin growth isnt here yet, its just begun. After he regulations and all it'll skyrocket.

Bitcoin will still existing if there's more who wants it. Many people interested in crypto currency but due to the fact of bad rumors about it, the currency become bad and its going down. But if there is still a value there's still a hope of bitcoin crypto currency.

[gabmen]

Well i agree, congratulations to those that sold in 2017 since they've made the most out of the situation but i don't share the same sentiment with the other things you've stated. A lot of people again are saying btc is dead or the bubble has popped. If you want to believe that then do so. Just don't blame anyone if btc breaks another all time high probably later this year lol

[Discourze]

To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.

Unless you're one of these "lower middle-class" optimistic dreamers that thought buying in at 17K was a good idea, you should be fine. The technology is barely getting started, this wasn't so much a classic bubble as it was a hiccup showing us the potential of what it can bring. Keep working those "safe" jobs and invest smart, or rather, start something of your own because even if the market crashes and burns... the only people with smiles on their faces are the ones that know they have the tools to build it all back up again.

Happy investings,

The DIZ team

[AntonDrobot]

The biggest problem most users of bitcoins call processing speed.

[darkangel11]

OP probably bought in December/January hoping for a big gain and now sold it all and is making stupid threads to feel better about it. Don't act out here, get some fresh air, rethink everything and come back to us. Usually those low sellers like you, panic kids who went in with their parent's money, grow up and go back in.
I know people like that who lost money in 2015 and when it was going up in 2017 started talking about buying again.
If you'll treat BTC like a "get rich fast" scheme, you'll get burned.

[HeRetiK]

If you'll treat BTC like a "get rich fast" scheme, you'll get burned.

Trying to get rich quick is a great way to get poor quick. This is even more true for the likes of Bitcoin. It's almost as if cryptocurrencies are schooling their own speculators. Alts being a prime example. I hope people learned their lessons from all those cancelled flippenings of 2017.

[cizatext]

  its not over yet and I must say you tried in your write up but at the same time you where too narrow to think that 2017 was the best year of bitcoin because the best is yet to come and bitcoin is here to stay. Bitcoin has not and will not end any time soon because the party has just started. All that is happening right now is volatility in action.

[Tenderino]

One year ago the price for 1 BTC was $1,000 and now the price is $7,000. Can you please explain why it is the death of something that increased its value for 700% within one year? Does fiat money investments bring an unlike higher rentability and that is why you call BTC dead?

Or do you suggest it would be dead because it lost $12,000 within one year? And who specifically lost such huge amounts? Exactly, the investors you salute to. So who cares? I use BTC since a very long time as a payment method and I still have a huge financial advantage with it.

[Shenzou]

The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.

To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.

To Bitmain and "the plan", I salute you.

To Wall Street who always knows my future, I salute you.

To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.

To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.

To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.

To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!


I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.

One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...

Just because some stupid people who have no clues about the cryptocurrency who just got into bitcoin just for the money as soon as they saw some people making profit from it, just because these people have quit as soon as the price went down doesn't mean that bitcoin will die because of them, bitcoin have made it all the way to the top with only a few people using it, the people who believe in it as an idea and who support it no matter what, so as long as those people still exist bitcoin will always live on.

[Washball]

This is a very negative point of view. You got to keep the faith. After all, we have seen bitcoin coming from around $1000 rising to $20000. So, when the price is dropping to $6000, does not mean that it's the end of bitcoin. However, a bull change is ahead and the price will shoot up again. At the end of the year bitcoin will reach 30K.

[tampesan]

it is partially bad news from bitcoin, if only the issue of the decline in bitcoin prices continues to be said to be dead, that is not true. bitcoin always rise from adversity and will surely recover.

[Sasuke102001]

We shouldn't actually start calling this the end of Bitcoin by seeing the current dips. The dips are just because of the panic selling that is going on in the community. Bitcoin will surely go up in time as people stop panic selling and definitely this isn't the end of something like Bitcoin so easily. Hopefully, Bitcoin won't die for many more years to come and we will see bitcoin used in as many places as we could.

[alexn3620]

For someone who sold their bitcoins today, this is the end. But not for those who are constant hodl.

[pixie85]

For someone who sold their bitcoins today, this is the end. But not for those who are constant hodl.

Maybe he'll get over it and buy back. I think we're at or very close to the lowest prices this year. If I had no BTC and wanted to buy I'd do it this month. Maybe not today because we could get closer to 6000 USD but somewhere around that price.

[danggoron]

Bitcoin is repeatedly rumoured to be dead. Especially when the percentage of price decline is big as it is today. Many FUd is outstanding. But despite many storms, the rumoured bitcoin can still live and survive until now. So in conclusion, it is a natural thing. Be patient.

[Haxor321]

The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.

To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.

To Bitmain and "the plan", I salute you.

To Wall Street who always knows my future, I salute you.

To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.

To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.

To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.

To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!


I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.

One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...

I think bitcoin won't dead. I'm not surprising why some people here are thinking that btc is going to die because of it's continuous dipping down. But please look at the possitive side of it. In there we found out that it has also a good cause. It is good in a way of having the opportunity to buy much more of it in a much lower cost and hold it until the right time came which is the value of it will be much rising up again and by this we can sell it in much higher value so we can earn much more profit. What I mean is don't lose hope and always look in the possitive side whivh is better to do.

[hridoyb]

Not yet, bitcoin will not die this year. Stop making a statement like that you are just helping those people to bring bitcoin down. If you really believe on this thing you will say positive things about it.

One day I will be back on this thread and tell you that you are wrong, bitcoin will bounce back for sure, just wait for it.

Yes i am agree with you bitcoin never die now bitcoin panic time.Last year bitcoin faced same problem its down 5000$ to 2900$ and many people sell their bitcoin loses.Bitcoin will be back after the ended this year or middle of this year so donot worry.Bitcoin need to  some positive news for market grow up and i hope if bitcoin again start pumping no body cannot stop .

[shata]

Not yet, bitcoin will not die this year. Stop making a statement like that you are just helping those people to bring bitcoin down. If you really believe on this thing you will say positive things about it.

One day I will be back on this thread and tell you that you are wrong, bitcoin will bounce back for sure, just wait for it.

Yes i am agree with you bitcoin never die now bitcoin panic time.Last year bitcoin faced same problem its down 5000$ to 2900$ and many people sell their bitcoin loses.Bitcoin will be back after the ended this year or middle of this year so donot worry.Bitcoin need to  some positive news for market grow up and i hope if bitcoin again start pumping no body cannot stop .

Well, i’m agree to all of you. Bitcoin is not dead. Well, we can say that Scammers are everywhere and they scammed a lots of people but i know that Bitcoin is not dead. As long as bitcoin is rising and have a value, Bitcoin is not dead. Well, we can say also that bitcoin is being down but it is alive.

[Yamifoud]

Death of bitcoin is really far from happening, though we have facing a huge dip crisis today but this is not an indications of getting into vanishing moment of the entire crypto. We know how many times we've been like these, in fact those worst thing happen before bitcoin can mange to stand and recover. The dip we have is just normal(for me) and it will be back to normal in few weeks.