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Author Topic: Why do people keep saying BTC is dead?!  (Read 225479 times)
DimidoffVany
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August 25, 2016, 10:02:52 PM
 #1481

To date, the issue that is at the heart of the theme already think is not relevant. All have already ascertained that even survived the shock of the market, bitcoin very confidently gaining momentum again raising its course.
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August 26, 2016, 10:40:45 PM
 #1482

Honestly almost all saying that bitcoin willl be dead is member of other crypto or they are holding an altcoin..
So i think they are just hijacking people to use altcoin instead of using bitcoin.. it a market strategy..
This is not a strategy, but a real deception. I understand that every customer lure in any way, but this method must be at least decent.
nope I think the main reason for someone use altcoin at this time is because they do altcoin trade. although they use altcoin. but will they
conversion is to bitcoin? so even though they hold altcoin their purpose remains one. that is bitcoin



That's true and altcoin trading allows them to make quick profits but once they are done with trading they will definitely convert it to bitcoin as bitcoin is too big in compare to other coins.
For some trading in altcoins is so profitable because of the dump and pump game, it is easy to spot which coins or token that would have a good pump and dump game and if you can already know the trend you can easily make profit from it.

After the price dump, the traders want to buy the bitcoin, they will troll bitcoin and push the price down further to buy more bitcoins.
I think the only people who are less experienced who follow that issue, and then panic just because of this false news?
I think you have to believe in yourself. do reasearch before doing something like selling or buying dude. it s will be better
ovvidiy
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August 27, 2016, 07:48:11 PM
 #1483

Honestly almost all saying that bitcoin willl be dead is member of other crypto or they are holding an altcoin..
So i think they are just hijacking people to use altcoin instead of using bitcoin.. it a market strategy..
This is not a strategy, but a real deception. I understand that every customer lure in any way, but this method must be at least decent.
nope I think the main reason for someone use altcoin at this time is because they do altcoin trade. although they use altcoin. but will they
conversion is to bitcoin? so even though they hold altcoin their purpose remains one. that is bitcoin



That's true and altcoin trading allows them to make quick profits but once they are done with trading they will definitely convert it to bitcoin as bitcoin is too big in compare to other coins.
For some trading in altcoins is so profitable because of the dump and pump game, it is easy to spot which coins or token that would have a good pump and dump game and if you can already know the trend you can easily make profit from it.

After the price dump, the traders want to buy the bitcoin, they will troll bitcoin and push the price down further to buy more bitcoins.
I think the only people who are less experienced who follow that issue, and then panic just because of this false news?
I think you have to believe in yourself. do reasearch before doing something like selling or buying dude. it s will be better

First you need to see who is thinking about that bitcoin is no longer alive. First of all you need to pay your attention on how bitcoin grows up again after a sharp drop in its value on the stock exchange. Of course crooks from bitfinex put hand for this fall, but nevertheless bitcoin again goes forward.
lister storm
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August 27, 2016, 10:04:47 PM
 #1484

bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down
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August 28, 2016, 12:20:53 PM
 #1485

bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down

It depends on the active development of the bitcoin infrastructure. If there is no development, it will be replaced by other coins.
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August 28, 2016, 02:13:45 PM
Last edit: August 28, 2016, 02:45:26 PM by deisik
 #1486

bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down

It depends on the active development of the bitcoin infrastructure. If there is no development, it will be replaced by other coins.

Other coins don't quite cut it yet. That's probably one of the reasons we don't see active development going on in Bitcoin. For example, the talks of increasing the infamous block size have been all over the place for more than a year already, but talk is cheap and things haven't budged an inch since then. On the other hand, if some coin shows real promise, devs may start migrating to it, leaving Bitcoin where it is...

If they haven't done so already

RichDaniel
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August 28, 2016, 02:26:45 PM
 #1487

There are so many bitcoin haters you know, they defame bitcoin as ponzi scam, or multi-level marketing scam(many Chinese said this when i saw the news comments)

Bitcoin is never dead, even after mtgox hack case, bitfinex hack case, FBI sales so many mega dumps, and bitcoin is coming back after dumping.
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August 28, 2016, 03:22:31 PM
 #1488

There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.
DimidoffVany
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August 28, 2016, 04:51:41 PM
 #1489

There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.
Today, many people also believe that bitcoin little lives. Chances are they frightened that the exchanges have become more vulnerable after the incident with bitfinex. But this will take place and once stabilized bitcoin, so users can again believe in him.
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August 28, 2016, 05:14:45 PM
 #1490

In the crypto space there are always hordes of people saying, at the wrong time, that you should sell. As you will see, with time, this is just an attempt to make people sell at low prices, so they can buy cheaper.
JumperX
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August 28, 2016, 05:16:26 PM
 #1491

There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.

Agreed bitcoin has died many times but has bounce back with flying colors shutting the mouth of its critics in the best possible way and we can expect same thing from bitcoin in future too.
bit1
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August 28, 2016, 05:25:57 PM
 #1492

In the crypto space there are always hordes of people saying, at the wrong time, that you should sell. As you will see, with time, this is just an attempt to make people sell at low prices, so they can buy cheaper.

It makes sense, besides adds people disillusioned or with low expectations by varied bad experiences such as, they bought high and the price has not recovered, they were the victim of some hack, etc...
Crazygreek
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August 28, 2016, 07:07:55 PM
 #1493

Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.

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August 28, 2016, 07:15:10 PM
 #1494

My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.
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August 28, 2016, 07:56:45 PM
 #1495

My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.

This logic is flawed since every ten minutes on average 12.5 bitcoins are mined. Someone is evidently mining them, and we know that these are mining pools that consist of individual miners. Thereby, Bitcoin mining is not dead, by any means or to any extent...

But this doesn't mean that it might not be dead for you personally, of course

Bitcotalk
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August 28, 2016, 10:32:55 PM
 #1496

Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.

and I think they do that because they want to make other people fool so that they sell bitcoins to them at lower price to them and then they will be able to get a bigger profit when the price increase in the coming days.
uname
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August 28, 2016, 10:35:26 PM
 #1497

Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.
I think they do not speak casually they spoke so for a reason. perhaps the reason is they hate bitcoin. so they say that bitcoin will die in one day ?

Doamader
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August 28, 2016, 11:51:36 PM
 #1498

My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.

This logic is flawed since every ten minutes on average 12.5 bitcoins are mined. Someone is evidently mining them, and we know that these are mining pools that consist of individual miners. Thereby, Bitcoin mining is not dead, by any means or to any extent...

But this doesn't mean that it might not be dead for you personally, of course

Well knowing a lot hash is required to mine 1 btc, and its growing all days the hash required to mine 1 bitcoin. This makes bitcoin system works well, as less reward and bigger prize. Bitcoin mining still very active in fact the prediction to mine end at 2100 is because the big farmers keep with their hash and some are getting more.
BossMacko
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August 29, 2016, 01:48:04 AM
 #1499

Most people are just looking at the price movement perspective and i don't think that reflects the actual scenario. A broader look should be towards the adoption rate and the infrastructure build around the payment system
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August 29, 2016, 01:52:25 AM
 #1500

Bitcoin will never be dead. I agree that there are many up's And down's and sometime they really put us in stress but its because of us we creates the demand and supply in the market
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