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Author Topic: GAME OVER for Bitcoin?  (Read 427 times)
giarised
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August 15, 2018, 06:17:19 AM
 #61

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.
Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.
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August 15, 2018, 01:52:23 PM
 #62

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.
Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

Well there are people who are against btc from the very beginning and these people are likely the ones  blabbering about btc ending or losing value. We all know btc's potential and how it will spearhead a crypto revolution in the years to come.

 
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August 15, 2018, 05:56:26 PM
 #63

Bitcoin hasn't lost its value and fell at zero, and I don't think bitcoin is over. I did not think of interpreting this decline as a bitcoin death, and I would not sell low. I believe in bitcoin and I will keep holding, even though many of them say bitcoin will die.

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August 15, 2018, 06:00:36 PM
 #64

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.
Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.
Yes, we can literally just check "economics speculation" part of bitcointalk to see if its a bull market or a bear market without even knowing the prices. I can just get here any day of the week and just read the topic names and assume if we are in a bull market or bear market.

When bitcoin was going to $5.8k levels a month ago there was topics like "bitcoin will be $2k by the end of world cup" which it wasn't, it went to $8k. When it was $8k there was topics like "will bitcoin be $50k by the end of the year", well it still could be I can't say anything to that but we saw the price go down to 6k after that topic. Now we see 6k and the topic is "game over for bitcoin?". By the track record of this section in bitcointalk, I am assuming we are going to $10k Cheesy.
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August 15, 2018, 06:11:25 PM
 #65

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
Is ETF is the main reason for the invention of the bitcoin or it is the thing made ht eprice of bitcoin get grown from none to $20000 in last year,no right so their approval has nothing to do woth the future of the bitcoin their rejection just creates short term effect in the bitcoin price but it is not the end. Cool

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August 15, 2018, 06:59:13 PM
 #66

Do you think it's a GAME OVER?

Jamaica Stock Exchange to Introduce Crypto and Tokens Trading via Canadian Fintech Firm

US: Square’s Cash App Expands Bitcoin Trading to All 50 States

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there are many things that are happening and that in the future will benefit bitcoin, just because the price falls is not reason to think that is the end

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August 15, 2018, 07:38:01 PM
 #67

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.
Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

Well there are people who are against btc from the very beginning and these people are likely the ones  blabbering about btc ending or losing value. We all know btc's potential and how it will spearhead a crypto revolution in the years to come.
Yeah there are people who don't like BTC but unfortunately or fortunately they may not resist it's properties for long. BTC is a technology revolution, aside from all the price shit it is a reality. One day these people who are against it will be the most enthusiastic buyers of Bitcoin with a regret of understanding it after a long time.
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August 15, 2018, 08:19:10 PM
 #68

Bitcoin hasn't lost its value and fell at zero, and I don't think bitcoin is over. I did not think of interpreting this decline as a bitcoin death, and I would not sell low. I believe in bitcoin and I will keep holding, even though many of them say bitcoin will die.

The market is volatile but bitcoins will never go down to zero value because people will always keep on investing no matter how the market price drops since they are earning profit due to the volatiltiy of the market.
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August 15, 2018, 08:33:42 PM
 #69

Another Bitcoin obituary.... add it to the pile.
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August 15, 2018, 09:31:18 PM
 #70

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Bitcoin has died 308 times in the press as of today. If you still question the technology behind bitcoin and blockchain, I guess you do not have any trust and once the price will rise before the really big move, you are going to sell it.
Gold exists for centuries and still the price is around $1200 (with all derivatives included), if bitcoin would have all that, roughly the price should be $250k
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August 16, 2018, 12:03:56 AM
 #71

It's not game over yet and I think we will see the bullish market again in a few weeks, for now, bitcoin investors and holders are suffering because of bitcoin ETF decline that results in panic selling. I just noticed that the price of bitcoin depends on what news condition if people heard a good news about bitcoin the price start rising but if all bitcoin news is bad then the price starts falling. Like what happened these days.

So better to rely on what bitcoin news condition so that you know what will happen in the next movement because for me it's accurate source of signal to know if the price will drop soon or the price will rise again.

Yes thats true.
I feel like the price could drop to 4K before going up again and it could take a while.


It is possible, but $4k is way too low. My wild guess regarding the lowest dip this month would be around $5.5k - $5.8k.
I know Bitcoin ETF could make a huge impact in the market prices regardless of what the outcome is. But if the ETF doesnt approved, its still not the end game for Bitcoin. We are too focused on the Bitcoin ETF that we tend to rely the future of Bitcoin in the outcome of such decision from the SEC. Thats the common misconception here. If it gets rejected, we could potentially suffer for further dip, but its not gonna take forever, it will always recover.
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August 16, 2018, 01:20:44 AM
 #72

I think it's a ridiculous joke.
it is true that the impact of value is slightly reduced when the SEC postpones announcements that have long been awaited by crypto users, but that is only a small rock that blocks the growth of bitcoin.
and I believe that even without approval, the price of bitcoin will again skyrocket again.
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August 16, 2018, 08:00:24 AM
 #73

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
I don't think that "the game is over" we have read many of this type of predictions and I think we can see that bitcoin has refused to died.  We are to expect the approval of ETF some times to come and I believe cryptocurrencies is the money of the future.
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August 16, 2018, 08:40:33 AM
 #74

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
I don't think that "the game is over" we have read many of this type of predictions and I think we can see that bitcoin has refused to died.  We are to expect the approval of ETF some times to come and I believe cryptocurrencies is the money of the future.
The game is very attractive, it won't be because of an individual or organization that easily ends. They will continue in one way or another to reach an agreement in the future.
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August 16, 2018, 10:28:53 AM
 #75

Another Bitcoin obituary.... add it to the pile.
Grin We obviously won't stop seeing this. Believe it or not, even if bitcoin peradventure starts trading at $1m and it drops by 50 - 70% of its value, a lot of people would still be here giving the bitcoin is finally dead scenario. Obviously, their expectations are not being met, and that is good for them, since their expectations has been totally based on greed anyway and not because they want to be a part of the future.
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