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Author Topic: Why do people keep saying BTC is dead?!  (Read 225482 times)
richardsNY
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April 07, 2016, 06:35:00 PM
 #941

1) trolls or cryptokids looking for an argument
2) believers posting bad news hoping to buy more at better price
3) low IQ

I think it's mainly point 2 and 3. Some people desperately try to make people panic sell by posting old or fake bad news to make noobs think something bad is going to happen. Don't know why some people still fall for this. We have seen this happen a lot back in 2013 and 2014 and even in 2015, and people still take everything for granted.
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April 07, 2016, 06:42:31 PM
 #942

The bankers should not have to feel fear from bitcoin, but they should have to adopt that currency, they will find it more beneficial and profiting than other currencies.
Do you have any idea how much money goes around in banks, compared to the very small amount of bitcoin that is being used? Bankers can't earn their millions of dollars in bonuses from bitcoin. The only way to earn that is even closely related to a bank is money exchanges, and world wide competition lead to low profit margins for exchanges.
Bitcoin is currently worth $6.5B, bankers in the United Kingdom alone get more in bonuses per year.

sources:
https://coinmarketcap.com/
http://www.theguardian.com/business/2016/feb/12/uk-banks-expected-to-pay-out-5bn-pounds-in-bonuses
davinchi
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April 07, 2016, 07:45:54 PM
 #943

The most bad news related to bitcoins comes from companies agaisnt it ,being the main fact they worry to loose costumers ,or already some of them left,soo they pay to someones write about the how bad bitcoin is for the community and the world.But recently microsoft said sorry for the wrong informations passed ,they are working with bitcoin and Disney working at their own blockchain based on the bitcoin techonlogy,soo they cant clean .

I agree, those haters really are trying to destroy Bitcoin giving it bad publicity. But as we all know they will not succeed. Bitcoin is rising now, slowly but rising anyway.

Yes, nothing can stop an idea whose time has come.
Banks and financial institutions have to adapt, or they will be left behind.
I am not sure that banks and financial institutions adopt bitcoin. May be in future it can happen. But there is no way to say bitcoin is dead. It Wil grow in its own way day by day

if bitcoin continu to grow there is nothing that bank do only adapt bitcoin, but now the governement and bank are making that a little hard by using all what they can do to make bitcoin dead, maybe that effort will be more better if they used in bitcoin but in this time there is no way for bank to adapt bitcoin it is a truth maybe in the future when bitcoin will be more used and populaire.

I think they are afraid if bitcoin will known to all people bankers will cannot get profit to people because the transactions of people are made wallet to wallet. But i think bank will do counter measure with that Maybe their counter measure ia to make their own bitcoin wallet to joined and earn in the trend.
I think they are not the bankers who are against bitcoin, but they are the supporters of other cryptocurrencies, who do not want bitcoin to be NO.1 in all over the world but their own currency.
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April 07, 2016, 08:01:03 PM
 #944

I have been hearing this for many years and these buzzes increase when price has a short fall of price.

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xht
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April 07, 2016, 11:43:40 PM
 #945

I think it's because the media tried to kill bitcoin with negative news if use bitcoin are not safe but in fact bitcoin survived until this day.

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April 07, 2016, 11:48:59 PM
 #946

Or they are just upset because they are not making any money or they just do not have the patient that it takes to become successful with bitcoin. If you do not like waiting Bitcoin is not for you.  
I think people who say bitcoin would die for that reason only a few people only mate.
because in fact earn money from bitcoin is easy thing you know. they speak it would not have had any effect on the bitcoin
ronaldinho_07
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April 08, 2016, 12:02:15 AM
 #947

I believe banks wanna to play with crypto world,one thing is sure they are trying to make their own blockchain ,soo they are interested and not against.Countries are against and some companies of services like visa,mastercard,paypal and others related to fees and  money,those are were the most attacks at bitcoin cames from.Bitcoin is being traded a lot all days soo i wouldnt call it dead but too much healty.
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April 08, 2016, 02:03:20 PM
 #948

I have been hearing this for many years and these buzzes increase when price has a short fall of price.

Truly this statement continues everytime but this is not a big problem for the growth of bitcoin.

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nejibens
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April 08, 2016, 09:34:14 PM
 #949

Some people just use another shit coins and they think that spreading such fake stories about Bitcoin will help and support their coins.
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April 09, 2016, 11:31:22 AM
 #950

Some people just use another shit coins and they think that spreading such fake stories about Bitcoin will help and support their coins.

One who believe in bitcoin doesn't care about the alts. The true fact is without alts we could have never reached such a peak in a very short 7years time.

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April 09, 2016, 12:53:13 PM
 #951

It is possible for one or more coins to achieve some success like bitcoin did, but this doesn't necessarily mean death of bitcoin. We still have very good need for different solutions on blockchain, or maybe even different platform.

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shulio
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April 09, 2016, 01:10:38 PM
 #952

It is possible for one or more coins to achieve some success like bitcoin did, but this doesn't necessarily mean death of bitcoin. We still have very good need for different solutions on blockchain, or maybe even different platform.

There is no way that a coins would be dead and even if the coins are declared as dead, it will still be available if the network is still functioning therefore the chances for bitcoin to be dead is very small if you compare it with how many users that use bitcoin right now for daily transactions
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April 09, 2016, 03:15:59 PM
 #953

Well others coins are called altcoins,they wont and cant reach bitcoin value they can get near it but  be able to reach the value of bitcoin is out of any minds ,a pump at eth has showe people wanna to work with it,but the main interest if fast profift.
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April 09, 2016, 03:41:50 PM
 #954

Probably to influence the price in the hope it will drop and they can make quick money while shorting


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BlueStackz
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April 09, 2016, 04:14:10 PM
 #955

Or they are just upset because they are not making any money or they just do not have the patient that it takes to become successful with bitcoin. If you do not like waiting Bitcoin is not for you. 
I also think the same, these are those people who become disappoint with it, they need to learn more about bitcoin, so they will wait and will be patient for the profit of bitcoin.
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April 09, 2016, 07:44:43 PM
 #956

They will keep saying this. For promoute new bitcoin clones and other stuff that linked with cryptocurrency world. I think it is most popular way for PR.

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April 09, 2016, 08:44:19 PM
 #957

It is possible for one or more coins to achieve some success like bitcoin did, but this doesn't necessarily mean death of bitcoin. We still have very good need for different solutions on blockchain, or maybe even different platform.
I think there will never be a currency crypto stand together with bitcoin maybe there is another coin but must have been one or two levels below bitcoin.

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April 09, 2016, 08:52:23 PM
 #958

They will keep saying this. For promoute new bitcoin clones and other stuff that linked with cryptocurrency world. I think it is most popular way for PR.

Yes for many shitcoins lovers the best method to promote their coins and spread the word about it is just by spreading such rumors about Bitcoin itself, but i think that's not working nowadays because very few people believe them
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April 10, 2016, 03:46:43 AM
 #959

People who say bitcoin is dead do so hoping to buy it at a lower price. Why else would they care to share their opinion on something that is supposed to be dead? $420 per bitcoin is far from dead of course.
well maybe you have a point, but I believe bitcoin prices will not go down that way. I think people who say bitcoin dead are the ones that have been disappoint by bitcoin. maybe they get a loss when investing money in the form of bitcoin, but it is their fault. I want to tell them that bitcoin will not die even if you do not use it  Tongue
They should have to gain complete guide and knowledge about bitcoin before involving in there, they will not lose anything here, as there is nothing to lose with bitcoin if one has its complete knowledge.
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April 10, 2016, 10:20:17 AM
 #960

There is no way that a coins would be dead and even if the coins are declared as dead, it will still be available if the network is still functioning therefore the chances for bitcoin to be dead is very small if you compare it with how many users that use bitcoin right now for daily transactions
We are witness here many alts were proclaimed dead, and suddenly rising and have good volume of trade for days. Coin cannot be dead, only can become unused. And if there is only one open wallet then network is still alive. In bitcoin case we don't need to very at all.

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