Why do people keep saying BTC is dead?!

[lahm-44]

well I don't this bitcoin is dead till now and we cannot say it is dead until it reaches 10usd value..well hipe everyone is preparing gor the 2016 crash ...coz I am doing whatever I can to avoid it

[ajun96]

well I don't this bitcoin is dead till now and we cannot say it is dead until it reaches 10usd value..well hipe everyone is preparing gor the 2016 crash ...coz I am doing whatever I can to avoid it

bitcoin will not die, until the price is really low as possible 10usd/btc,  but it seems impossible

[foxbitcoin]

Most of the people are pessimistic
Its prices are down so everyone has started to believe that bitcoin is dead and people are very much influenced by media they just get carried away with the news without knowing the reality.

[greBit]

Most of the people are pessimistic
Its prices are down so everyone has started to believe that bitcoin is dead and people are very much influenced by media they just get carried away with the news without knowing the reality.

Exactly, a lot of people get influenced too easily. People either really believe and completely change their ideologies or otherwise just lie about it, I see so many people get influenced into not gambling just because 2-3 noobs who never entered a casino think its morally wrong and risky. People are also so easily influenced by media, they never try to know the real source, they will believe everything they can hear and read.

[umair01]

I think this whole " Bitcoin is dead " idea was started on the time that bitcoin suddenly drop a lot in terms of value and everybody else thought its the end already

[Blawpaw]

Even if Bitcoin as currency dies, the Banks already made their point about the Blockchain.

BTC could even die as a means of exchange, but the Blockchain will always keep it alive.

[wearepoor]

I think this whole " Bitcoin is dead " idea was started on the time that bitcoin suddenly drop a lot in terms of value and everybody else thought its the end already

Yeah news and media have played a major role behind this. News had negative impact on the mindsets of the people that bitcoin is dead, but that is not true, and prices went down so rapidly that people started to believe that it is an end of bitcoins.

[dodgecharger]

I don't mind people having their own opinions, good or bad.  personally I like Bitcoin despite its flaws (they're new! there will be problems). However, people  seem quick to push  various fud when it's obvious that they have never actually used BTC...this worries me

[misterycoins]

Most of the people are pessimistic
Its prices are down so everyone has started to believe that bitcoin is dead and people are very much influenced by media they just get carried away with the news without knowing the reality.

Exactly, a lot of people get influenced too easily. People either really believe and completely change their ideologies or otherwise just lie about it, I see so many people get influenced into not gambling just because 2-3 noobs who never entered a casino think its morally wrong and risky. People are also so easily influenced by media, they never try to know the real source, they will believe everything they can hear and read.

This is all about choice. I take no issue with people calling it a bubble, a fad, or whatever disparaging comments they want to. That's just fine. Crypto-currencies are not for them. They are for everyone else.

[Mickeyb]

Well why were people pessimistic about every great invention in the human history? That's just people! We are pessimistic in our nature and we don't know differently.
Every great invention had to be proven over, and over again until it didn't get into small heads of ours that it can actually work for us and help us!

[greBit]

Most of the people are pessimistic
Its prices are down so everyone has started to believe that bitcoin is dead and people are very much influenced by media they just get carried away with the news without knowing the reality.

Exactly, a lot of people get influenced too easily. People either really believe and completely change their ideologies or otherwise just lie about it, I see so many people get influenced into not gambling just because 2-3 noobs who never entered a casino think its morally wrong and risky. People are also so easily influenced by media, they never try to know the real source, they will believe everything they can hear and read.

This is all about choice. I take no issue with people calling it a bubble, a fad, or whatever disparaging comments they want to. That's just fine. Crypto-currencies are not for them. They are for everyone else.

It pisses me off when I see people who are solely in the bitcoin community to make a quick buck and leave, they are often one of the most whimsical ones. They do not really know an dunderstand the technology behind bitcoin, so they never wholeheartedly support bitcoin but they learn 2-3 pros and cons and rant about it all day on the forum to get some quick buck from their campaigns. I hate such peeps.

[umair01]

I think this whole " Bitcoin is dead " idea was started on the time that bitcoin suddenly drop a lot in terms of value and everybody else thought its the end already

Yeah news and media have played a major role behind this. News had negative impact on the mindsets of the people that bitcoin is dead, but that is not true, and prices went down so rapidly that people started to believe that it is an end of bitcoins.

exactly , unfortunately for the media , each one of them are in a constant to break a news that no body else has and when one does , the others just follow and spread the news and this is what happened here

[futurebit640]

"Bitcoin is a ponzi" and "Bitcoin is dead", it's just something that the trolls toss out when they're in a lazy mood.

[HarHarHar9965]

I think this whole " Bitcoin is dead " idea was started on the time that bitcoin suddenly drop a lot in terms of value and everybody else thought its the end already

Yeah news and media have played a major role behind this. News had negative impact on the mindsets of the people that bitcoin is dead, but that is not true, and prices went down so rapidly that people started to believe that it is an end of bitcoins.

exactly , unfortunately for the media , each one of them are in a constant to break a news that no body else has and when one does , the others just follow and spread the news and this is what happened here

Most of the news on the social media is about celebrities, the other news is often so click-bait, and once we open them, we found ourselves drifting in entertainment again. Its bad, what social media and online news has become. If something terrible happens, the last thing internet does is write a petition and aims to sue somebody, or find a way to crowdfund money for the social cause.

[kostya.ash]

Because of BTC very soon world economics and easier transaction systems revolutionary will control. It's an awesome currency which is can send without any problems and  transaction tax less. Bitcoins in yhe whole world one of most important part of economical systems achieved which is as others currency couldn't like this with in short time.

if they knew about it, who the people are afraid of? who said "bitcoin will die"

of course the people who hate bitcoin, they fear if bitcoin, became popular currency

[umair01]

Most of the news on the social media is about celebrities, the other news is often so click-bait, and once we open them, we found ourselves drifting in entertainment again. Its bad, what social media and online news has become. If something terrible happens, the last thing internet does is write a petition and aims to sue somebody, or find a way to crowdfund money for the social cause.

I agree with you on that and also to point out that it's not just on news or who work on news channel that are doing this , even most of us (new generation mostly) are all about media now ,for instance nowadays if a building gets on fire , what people do is to take pictures and videos and post it online instead of call for the fire department , the way everyone is thinking is pushing their own mind away from the reality here , just like what happened here regarding the news that BTC was dead

[Miracal]

Most of the news on the social media is about celebrities, the other news is often so click-bait, and once we open them, we found ourselves drifting in entertainment again. Its bad, what social media and online news has become. If something terrible happens, the last thing internet does is write a petition and aims to sue somebody, or find a way to crowdfund money for the social cause.

I agree with you on that and also to point out that it's not just on news or who work on news channel that are doing this , even most of us (new generation mostly) are all about media now ,for instance nowadays if a building gets on fire , what people do is to take pictures and videos and post it online instead of call for the fire department , the way everyone is thinking is pushing their own mind away from the reality here , just like what happened here regarding the news that BTC was dead

Yes it seems that our generations have learned to live with ignorance and compassion and value towards things which actually matter is slowly dying. People value more materialistic things in life now rather than ideologies and beliefs. Look at it on a macro level, I don't think humanity can evolve ahead if they don't have hope in humanity itself

[Dotakels]

Because of BTC very soon world economics and easier transaction systems revolutionary will control. It's an awesome currency which is can send without any problems and  transaction tax less. Bitcoins in yhe whole world one of most important part of economical systems achieved which is as others currency couldn't like this with in short time.

if they knew about it, who the people are afraid of? who said "bitcoin will die"

of course the people who hate bitcoin, they fear if bitcoin, became popular currency

Its not the reason, they hate bitcoin because bitcoin can cause of the failure of some business like banks, because people who used bitcoin does not used fiat money or used banks because they can easily transfer their money through bitcoin.

[HeroCat]

May be because BTC is something new and not all people have enough knowledge to understand global BTC market 

[klf]

We have here many new traders and they dont have any experience at exchange markets, but they invest money and they think that now they are going to be rich and when -10% comes they do panic a lot.