Why do people keep saying BTC is dead?!

[SquallLeonhart]

Bitcoin is not and will not be dead. Bitcoin is very much alive. I think there's an upcoming GFC, and there are signs. People will change their fiat to assets like bitcoin, and bitcoin will spike.

The government cannot take your money unless they break into your house and take your trezor, or jack your computer. And I'm sure that if they don't have a compelling reason, your protected by law.

oh well , if they even hack your computer they couldn't get control of the wallet if it is encrypted.
to be more specific they don't have a right to control bitcoin cause it is not regulated nor generated by them but is something private and attained through (proof of work) i.e spending electricity.
Nothing can be judged about the future but at present it is definitely not dead.

They can have the right to regulate bitcoin is it is treated as a currency or a property. The governments will extract some tax out of it.

I think that people keep saying that Bitcoin is dead because of the reason that the price get to high for them and they cannot buy anymore.
They have just missed the boat so there is no way for them anymore to make money.

No that is not the reason if people will have faith in bitcoin then they will buy at any price they see as they know that bitcoin will be holding much higher price in bitcoin.

[1714721610]

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[1714721610]

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[Casalania]

Bitcoin is not and will not be dead. Bitcoin is very much alive. I think there's an upcoming GFC, and there are signs. People will change their fiat to assets like bitcoin, and bitcoin will spike.

The government cannot take your money unless they break into your house and take your trezor, or jack your computer. And I'm sure that if they don't have a compelling reason, your protected by law.

oh well , if they even hack your computer they couldn't get control of the wallet if it is encrypted.
to be more specific they don't have a right to control bitcoin cause it is not regulated nor generated by them but is something private and attained through (proof of work) i.e spending electricity.
Nothing can be judged about the future but at present it is definitely not dead.

They can have the right to regulate bitcoin is it is treated as a currency or a property. The governments will extract some tax out of it.

I think that people keep saying that Bitcoin is dead because of the reason that the price get to high for them and they cannot buy anymore.
They have just missed the boat so there is no way for them anymore to make money.

No that is not the reason if people will have faith in bitcoin then they will buy at any price they see as they know that bitcoin will be holding much higher price in bitcoin.

I have faith in bitcoin, but I do not buy overpriced bitcoin. For example, I did not buy any bitcoin in November 2013.

[wibuindon]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

[Snorek]

I have faith in bitcoin, but I do not buy overpriced bitcoin. For example, I did not buy any bitcoin in November 2013.

And this is actually very interesting point. So you think that bitcoin is overpriced now or was overpriced in 2013?
I was wondering about  real or 'true' price of BTC for quite time. I recently read some advanced theories that prove that actually bitcoin is dramatically under priced right now.
Bitcoin and its amazing properties i.e. blockchain storing technology is estimated to be worth roughly $10.000 for 1 BTC if we compare utility of BTC vs. standard notary services.

[pearnapple]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

bitcoin will never be dead in my opinion because more and more people will be buying bitcoins in order to make some easy profit or just because they want freedom

[fkvidar]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

bitcoin will never be dead in my opinion because more and more people will be buying bitcoins in order to make some easy profit or just because they want freedom

Exactly we don't have to worry about the future of bitcoin as its very safe and secure and bitcoin can never be dead in fact we will be seeing many more investors  and new companies joining the party in future.

[diodio5]

I am also not pretty sure why people keep saying that Bitcoin is dead because it think that it is going pretty good with Bitcoin.
When the price is stable then I can see why it is dead.

Lol I think just because a stable price does not mean bitcoin be dead. although a stable price makes the volume to be
very low but nonetheless bitcoin is still alive and can still be used the price is still quite high in the price of $ 650

[Tred]

BTC will never be dead! Who's saying that!?!

[peta4e]

I am also not pretty sure why people keep saying that Bitcoin is dead because it think that it is going pretty good with Bitcoin.
When the price is stable then I can see why it is dead.

Lol I think just because a stable price does not mean bitcoin be dead. although a stable price makes the volume to be
very low but nonetheless bitcoin is still alive and can still be used the price is still quite high in the price of $ 650

Yeah and I think normal users loves price stability in bitcoin its only traders who hates it as they cannot make regular profits from it.

[Doamader]

I have faith in bitcoin, but I do not buy overpriced bitcoin. For example, I did not buy any bitcoin in November 2013.

And this is actually very interesting point. So you think that bitcoin is overpriced now or was overpriced in 2013?
I was wondering about  real or 'true' price of BTC for quite time. I recently read some advanced theories that prove that actually bitcoin is dramatically under priced right now.
Bitcoin and its amazing properties i.e. blockchain storing technology is estimated to be worth roughly $10.000 for 1 BTC if we compare utility of BTC vs. standard notary services.

Those ammount would be possible only if all countries accept bitcoin instead of fight against it and try to regulate it, sure bitcoin technology is something worthing a lot, as banks are interested into some parts ot if.
Back to reality bitcoin isnt overpriced, at 2013 it has no support to sustain such ammount, soo it crashed and made several people insane that had invested at bitcoin on that time. Nowadays bitcoin has a huge community and there is support at the current price as will have at bigger values as well.

[vero]

Before paying attention towards what are they talking, pay attention towards who is talking. Those who have absolutely no idea about what crypto currency is all about, can still express their opinion (but we should have rational point of view towards them). They must accept that this kind of big thing has never happened before and the future is totally dependent on us (the current users as the currency and control is decentralized), no one can predict future but current situation and efforts shapes the future. Bitcoin truly deserve to those who believes in its core values and not to those who believe in just current market price. Bitcoin isn’t dead, it’s charging in power saver mode.

People are lazy first of all. They don't want to invest in bitcoin, neither mentally nor financially, but also don't want to miss an opportunity. This creates an uncomfortable cognitive dissonance that bitcoin can't possibly succeed and is a waste of time and money. as told now it is in charging mode and once it gets charged you feel that you have missed a great opportunity.

Nop i think those people saying it is just a troll and they want to buy bitcoin at the lower price and sell again if the price soar high more, but in the other hand also bitcoin really died many times as you can see if you do research on wikipedia its stated their how bitcoin dies and dumps but miraclously the price revive.

We can't generalize that all of them are troll. There are people that gives a certain reasonable answers. But it is not that easy to happen since what we see on the news is that bitcoin is going in a big progress and it's very lively.

yeah I think we don't need to listen to the words of people during bitcoin still can provide the advantage and still sought by the vast market for it we must believe in bitcoin.

[torrentheaven]

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

[Bitcotalk]

Before paying attention towards what are they talking, pay attention towards who is talking. Those who have absolutely no idea about what crypto currency is all about, can still express their opinion (but we should have rational point of view towards them). They must accept that this kind of big thing has never happened before and the future is totally dependent on us (the current users as the currency and control is decentralized), no one can predict future but current situation and efforts shapes the future. Bitcoin truly deserve to those who believes in its core values and not to those who believe in just current market price. Bitcoin isn’t dead, it’s charging in power saver mode.

People are lazy first of all. They don't want to invest in bitcoin, neither mentally nor financially, but also don't want to miss an opportunity. This creates an uncomfortable cognitive dissonance that bitcoin can't possibly succeed and is a waste of time and money. as told now it is in charging mode and once it gets charged you feel that you have missed a great opportunity.

Nop i think those people saying it is just a troll and they want to buy bitcoin at the lower price and sell again if the price soar high more, but in the other hand also bitcoin really died many times as you can see if you do research on wikipedia its stated their how bitcoin dies and dumps but miraclously the price revive.

We can't generalize that all of them are troll. There are people that gives a certain reasonable answers. But it is not that easy to happen since what we see on the news is that bitcoin is going in a big progress and it's very lively.

yeah I think we don't need to listen to the words of people during bitcoin still can provide the advantage and still sought by the vast market for it we must believe in bitcoin.

yeah, they are just going to redirect the users of bitcoin to leave it, but the intelligent are those who do not hear to them and continue their way to work with bitcoin and trade in it.

[joinal]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

bitcoin will never be dead in my opinion because more and more people will be buying bitcoins in order to make some easy profit or just because they want freedom

Exactly we don't have to worry about the future of bitcoin as its very safe and secure and bitcoin can never be dead in fact we will be seeing many more investors  and new companies joining the party in future.

I think it's too hypocritical everyone knows that bitcoin will die but we do not know when it will happen right maybe next year ?
it may be several years or longer? which certainly I can confirm that for several years now and this bitcoin will still be popular and lively

[freedomgo]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

bitcoin will never be dead in my opinion because more and more people will be buying bitcoins in order to make some easy profit or just because they want freedom

Exactly we don't have to worry about the future of bitcoin as its very safe and secure and bitcoin can never be dead in fact we will be seeing many more investors  and new companies joining the party in future.

I think it's too hypocritical everyone knows that bitcoin will die but we do not know when it will happen right maybe next year ?
it may be several years or longer? which certainly I can confirm that for several years now and this bitcoin will still be popular and lively

Bitcoin has died already and it will never die again, with the current state of bitcoin I will not believe that the future is not good. We just have to believe base on our prediction and invest what we can afford to lose.

Patience is virtue in investment and that should be remembered.

[goinmerry]

Because people still believe bitcoin will be dead no matter what, I think they will be proven wrong in like 10 years.

bitcoin will never be dead in my opinion because more and more people will be buying bitcoins in order to make some easy profit or just because they want freedom

Exactly we don't have to worry about the future of bitcoin as its very safe and secure and bitcoin can never be dead in fact we will be seeing many more investors  and new companies joining the party in future.

I think it's too hypocritical everyone knows that bitcoin will die but we do not know when it will happen right maybe next year ?
it may be several years or longer? which certainly I can confirm that for several years now and this bitcoin will still be popular and lively

You are right and that is a fact. The proof is already there and cannot be seen by some people. There are still many to mine so it will take another year or more to be felt that it is dead.

[ImHash]

there will be always some people with bitcoin and  some against it, of course people can say whatever they want but what is important
Is that if only a few thousands people trust and believe in bitcoin and keep mining and running nodes keep trading buying selling stuff.
Then bitcoin will never simply die, satoshi waited for it to grow up and left his baby to face the wild however we are standing with it
To help it face the wild world so no worries.

[noormcs5]

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

Yes, a huge number of peoples only guess it, that what happening in future, but majority people can predict about bitcoins, and the other majority are true on it.
But i think if you are using bitcoins and you can earn monthly very good from bitcoin, so its mean it is good for you, otherwise if you are getting a loss every day than you need to get correct information.

[vlight]

Because people thought BTC will overthrow fiat money overnight. This didn't happen so they lost hope.

[freedomgo]

I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.

Yes, a huge number of peoples only guess it, that what happening in future, but majority people can predict about bitcoins, and the other majority are true on it.
But i think if you are using bitcoins and you can earn monthly very good from bitcoin, so its mean it is good for you, otherwise if you are getting a loss every day than you need to get correct information.

Actually bitcoin is easy to learn but you need to be computer literate to understand the whole system, that is why we cannot assure that majority of people will use bitcoin in the future because this is just not simple to people who are getting used already in using paper money.