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Author Topic: Why do people keep saying BTC is dead?!  (Read 225488 times)
avikz
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January 14, 2017, 10:48:02 AM
 #2001

I don't know which people are saying that bitcoin is dead but I see no reason for the same. Probable these are such people who want to buy bitcoin cheap by demotivating people.

Bitcoin is thriving and far from being dead. It owns 84% of the total crypto currency market share. So if anyday bitcoin goes dead, the crypto currency market will die as well and I don't think it's going to happen very soon.

Taki
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January 14, 2017, 11:02:00 AM
 #2002

This thread had to be posted in "speculation" sector, because such kind of talks about bitcoin's dead make people panic and sell their bitcoins. Bitcoin will cost a lot in the nearly future, but the number of bitcoin is limited by 21 millions. So saying about bitcoin's death one people make other, who don't believe in bitcoin, to sell it, to by this bitcoins after.
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January 14, 2017, 01:11:09 PM
 #2003

This thread had to be posted in "speculation" sector, because such kind of talks about bitcoin's dead make people panic and sell their bitcoins. Bitcoin will cost a lot in the nearly future, but the number of bitcoin is limited by 21 millions. So saying about bitcoin's death one people make other, who don't believe in bitcoin, to sell it, to by this bitcoins after.
People shouldnt believe into everything they read, and at the current stage of bitcoin only newbies will believe in such articles, we do have week hands at bitcoin, and people that wanna to maximize their profits, thats why bitcoin reached 1100 dollars, and during those moment several people dumped their coins. I keep with all of mine coins because they are invested otherwise it had been dumped into those value, since a drop were expected already to happen.
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January 14, 2017, 01:12:54 PM
 #2004

Those people just want other bitcoin holders to get panic and start selling their bitcoins so that they can buy it much cheaper. Those who spread rumours about bitcoins know the original potential of bitcoins. They know there are lots of new traders who get panic often and sell bitcoins quickly. Bitcoin has crossed lots of criticism successfully. So its better to avoid paying attention to such stupid posts.
yes i also think that it can be the main reason, actually these people want to buy bitcoin in a lower price and therefore they are spreading such kind of news in the market so that people can start panic selling and the price fell down.and they can get chance to purchase bitcoin in a low price.
Yes I think also why other people keep saying bitcoin is dead to get panic and sell it their bitcoin . So these buy bitcoin price with low price. Many news that bitcoin. going die or become dead but its not true. I think also the founder of other altcoin so if the people sell their bitcoin and the bitcoin is dead . they have a chance one of altcoin will become like bitcoin. That's my opinion only correct me if I'm wrong. Bitcoin is become more powerful and more people trust in bitcoin and look the price of bitcoin now its $800++ . So don't be panic . buy more bitcoins to earn more money.
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January 19, 2017, 05:22:17 AM
 #2005

Because they want to spread fear among the users of bitcoin, and then when the price drops buy at a lower price and obtain profits after there is a rise on price.
Sadly some of our brothers and sisters buy the story, this fudders should not exist in the first place, they are just making bitcoin look bad. Nowadays, we must be smart and read relevant information that would affect bitcoin's future.
That is why we must believe in bitcoin and not only to invest trying to obtain some profits that way we will not be victims of those spreading those false rumors regarding bitcoin.
avikz
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January 19, 2017, 05:25:52 AM
 #2006

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.

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January 19, 2017, 05:34:10 AM
 #2007

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.

"Bitcoin is dead" that is what we usually hear when there is a crash in price. The more  we see news about it the more the price will really crash since many will start to panic and sell. Whales love that situation and probably laughing their ass loud while hoarding a cheap coin in the market and in the few days they will be profiting again.

But little by little it will change. The more the people learn about how the price of bitcoin move, the lesser those bitcoin is dead news becomes effective to scare people and sell.

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January 19, 2017, 07:37:24 AM
 #2008

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.

"Bitcoin is dead" that is what we usually hear when there is a crash in price. The more  we see news about it the more the price will really crash since many will start to panic and sell. Whales love that situation and probably laughing their ass loud while hoarding a cheap coin in the market and in the few days they will be profiting again.

But little by little it will change. The more the people learn about how the price of bitcoin move, the lesser those bitcoin is dead news becomes effective to scare people and sell.
This people should shut up, they know nothing about bitcoin and the crypto currencies as a whole, when the price fall, people panic but they do not see the whales are just playing them, they sell at lower price and whales get it easily.
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January 19, 2017, 01:39:44 PM
 #2009

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.

"Bitcoin is dead" that is what we usually hear when there is a crash in price. The more we see news about it the more the price will really crash since many will start to panic and sell. Whales love that situation and probably laughing their ass loud while hoarding a cheap coin in the market and in the few days they will be profiting again.

But little by little it will change. The more the people learn about how the price of bitcoin move, the lesser those bitcoin is dead news becomes effective to scare people and sell.

You don't have to be a whale to love the situation and take advantage of it. You simply have to buy as much as you can afford. I have witnessed people go so negative about the market of bitcoins. When I tell them that I don't have cash on me because I forgot to convert my bitcoins when the price was still up. They were all "Ahh. It's because it's not the holidays anymore. Bitcoin wouldn't rise up again." I just do my best to be calm about their comments. I think bitcoins doesn't depend solely on the holidays but simply in the free market law even though the holidays affect that.

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dearbesz1219
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January 19, 2017, 02:18:35 PM
 #2010

Why do people keep saying BTC is dead?!

Because they don't know what they're talking about. Those people are just handing their bitcoins to someone else who deserves them more.

Maybe it is one the strategy of the investors or traders to take down the price of bitcoin. Because once it happen that the value goes down they will take the chance to buy bitcoinBTC at the low price. Then they will wait again for the price increase until they sell it again. That's what I've been thinking about it.
marcuslong
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January 19, 2017, 02:32:12 PM
 #2011

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.
I read some article i don't know if its hoax or not their point is don't believed in crypto bitcoin is already dead just wait 3-5 more years and it will disappear and there somebody will come to change the bitcoin, I don't know if they trying to scare people not to use crypto anymore.
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January 19, 2017, 03:05:08 PM
 #2012

Because they want to spread fear among the users of bitcoin, and then when the price drops buy at a lower price and obtain profits after there is a rise on price.
Sadly some of our brothers and sisters buy the story, this fudders should not exist in the first place, they are just making bitcoin look bad. Nowadays, we must be smart and read relevant information that would affect bitcoin's future.
That is why we must believe in bitcoin and not only to invest trying to obtain some profits that way we will not be victims of those spreading those false rumors regarding bitcoin.
educate yourself deeper about what bitcoin it is and how the benefit of it.

then you are good to go to make everything about bitcoin in the right way. i mean to not judging early get panic and saying bitcoin dead everytime its dropped. people are too lay to make a specualtion like that.

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January 19, 2017, 03:10:52 PM
 #2013

I don't know which people are saying that bitcoin is dead. I guess, these people just want to buy bitcoin in a cheaper rate and that's why they are trying to discourage people. However, if bitcoin is dead, then the entire crypto currency market is dead because bitcoin own around 85% of the total crypto currency volume. beat that?

Bitcoin can't be dead that soon. It is backed up by global trust of people. So hate the haters and love the bitcoin.
I read some article i don't know if its hoax or not their point is don't believed in crypto bitcoin is already dead just wait 3-5 more years and it will disappear and there somebody will come to change the bitcoin, I don't know if they trying to scare people not to use crypto anymore

Paid shills conquered the world

As Mark Twain once said, believe nothing of what you hear and only half of what you see. And if that was true as back as 19th century, today it is even truer, and you shouldn't believe the other half of what you see either. Bitcoin won't remain the same, and if it were to remain the same, it might actually lose in a few years to competition. But this competition will most certainly make Bitcoin change, and the only thing which we can be sure of is that in five years Bitcoin won't be like what it is today

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January 19, 2017, 06:45:29 PM
 #2014

People by nature always afraid of what they don't understand. And when you mix together money, math and technology - three areas where individually little who knows, not to mention to be a specialist in all three - enough to make anyone scared.
Over the next few years you will often read how many smart people will try to deny it. They will tell you why Bitcoin will not be able to achieve success and realize the full potential. It would be awfully smart people, do not misunderstand me, not some morons. And because they are so smart, they come up with a lot of very smart reasons why Bitcoin may fail. They will tell you that it is a bubble. They also will tell you that the bright future of Bitcoins, you can wait forever and never have to wait.
Don't believe. Learn Bitcoin yourself.
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January 19, 2017, 07:10:09 PM
 #2015

They keep saying that the bitcoin is dead because they are developing their own coin and beat the bitcoin which is hard to happen because bitcoin is having fun up above alt coins there.
Developers wants to change the top crypto currency of their own..
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January 19, 2017, 09:06:57 PM
 #2016

They keep saying that the bitcoin is dead because they are developing their own coin and beat the bitcoin which is hard to happen because bitcoin is having fun up above alt coins there.
Developers wants to change the top crypto currency of their own..

Don't get me wrong, it is possible that Bitcoin and the cryptocurrency itself, which eventually will become a global reserve currency. Maybe there still are some fatal flaw and his place will be eliminated this flaw currency. But so far I like his chances of success, and I like the ratio of risk/reward when buying Bitcoins.
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January 19, 2017, 09:10:26 PM
 #2017

As of right now bitcoin is far from dead, it has a current market capital of 14.5 billion dollars, more than the net worth of over the majority of businesses run in USD currency. The thing that keeps bitcoin growing is small businesses, these small business attract big businesses which attracts more bigger businesses which attracts more new comers which ultimately rises the price of bitcoin. The way I see it is every time the price of bitcoin goes up 10$ there is a 1% greater chance for a small businesses to open.
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January 20, 2017, 05:48:23 AM
 #2018

This is not new for me, Like what I observed to their strategies they often said this things because of course if many of the community will read the question, probably they've been thinking I think that Bitcoin will decrease the value, so when it is done that's there chance to buy bitcoin at low price. or maybe some member's here are right that they are poor knowledgeable in  bitcoin.
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January 20, 2017, 05:54:46 AM
 #2019

This is not new for me, Like what I observed to their strategies they often said this things because of course if many of the community will read the question, probably they've been thinking I think that Bitcoin will decrease the value, so when it is done that's there chance to buy bitcoin at low price. or maybe some member's here are right that they are poor knowledgeable in  bitcoin.

Actually that is like a discount in disguise, when we see threads that are saying bitcoin is dead... Peeps who wants to profit always did that to create a panic and probably force them to sell their coins cheap... But there are rare times that I saw some threads and news that pops up during a good price rally...

I don't know what it really mean, but in what I see, it halts the move for a while when people starts to think that it was already a bubble... Sometimes it is also a good hint on when to sell your coins..  Grin
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January 20, 2017, 06:03:09 AM
 #2020

This is not new for me, Like what I observed to their strategies they often said this things because of course if many of the community will read the question, probably they've been thinking I think that Bitcoin will decrease the value, so when it is done that's there chance to buy bitcoin at low price. or maybe some member's here are right that they are poor knowledgeable in  bitcoin.
True,this is just a pure fud related on this matter because some people would able to read some false information and they would sell off their coins on cheaper price so that they could able to buy cheap bitcoin when the price decreases but now most people wont believe on this thing anymore because bitcoin wont easily die.

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