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Author Topic: When people say Bitcoin is dead, make sure to show them this...  (Read 1977 times)
lornadane
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December 22, 2018, 02:29:30 PM
 #121

I think most of the people believe in Bitcoin but sometimes they got nervous or frustrated that's why they say bitcoin is dead. But one thing we know that we are just in bad time of the bitcoin, the real Era of bitcoin yet to come. Within 12 months anything can possible mate. But I would like to go in positive ways. I will be waiting to see bitcoin at 15K USD within 12 months.
johnny508
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December 22, 2018, 03:04:15 PM
 #122

When people say Bitcoin is dead, make sure to show them this graph. What an outstanding performing asset. This is why people invest in Bitcoin, hold on to your seat belts!
 Wink
What are your thoughts for next 12 months?




Great convincing for bitcoin investors and traders in the market that bitcoin is far from dead and it is true that bitcoin will never die because the way it progressed in this year by adapting into businesses in the financial sector and increased its users even when countries, governments, central banks and other organizations declare war against bitcoin and its expansion it is remarkable specially for a decentralized currency which is some times even very difficult for traditional currencies that are backed by large central governments but bitcoin was able to face them impressively and in coming years we would see how successful the world first digital currency can get so like you have mentioned we would have many evidence that can show to non bitcoin believers to convince that bitcoin is far from dead
oneirozwis13
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December 22, 2018, 04:31:53 PM
 #123

When people say Bitcoin is dead, make sure to show them this graph. What an outstanding performing asset. This is why people invest in Bitcoin, hold on to your seat belts!
 Wink
What are your thoughts for next 12 months?

https://i.imgur.com/tHSwjSf.png
It's a really striking graph, I never knew that there was a steady increase over the years when you check the September price. I was curious if this was just a "September phenomenon", so I checked the historical data from coinmarketcap.com (available here: https://coinmarketcap.com/currencies/bitcoin/historical-data/) and took instead the May price. Here are my results:

https://i.imgur.com/iA4FZU5.png
As you can see, it shows basically the same trend as your image: Bitcoin price seems to be growing steadily. However, there is another angle worth considering, let's check out the Volume for the same period:

https://i.imgur.com/YG5fhK9.png
So basically bitcoin volume (and hype, media, mainstream awareness, etc.) EXPLODED in the past 2 years. Therefore it's very possible that the last 2 bars of Price data, which really give the "oomph" to the price increase trend, are heavily influenced and/or possibly manipulated as a side-effect of bitcoin exploding in popularity only recently. Either way, thank you for the interesting data and for giving me the idea to investigate from another angle.

Edit: As for the next 12 months, I don't think the mass hype is over, so I think we will likely see a period where the price continues to grow, supporting your initial chart; however, since we had the massive downturn, we will likely also see a remarkable low this year (indeed we had one only a few days ago of $2,400) as the various market forces attempt to determine the real value of Bitcoin without as much hype as last year. In other words, I think we will see a 'high high' and a 'low low' in the same year.
seoincorporation
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December 22, 2018, 04:38:59 PM
 #124

And this...

https://99bitcoins.com/bitcoinobituaries/

Bitcoin has "died" over 300 times so far.  Roll Eyes

That's how bitcoin looks in real life. I will keep dying again and again and again. Up and down like a rollercoaster, that's how bitcoin rolls. The only sure thing about bitcoin, is that it will not be stable. That's a fact.

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December 22, 2018, 05:41:59 PM
 #125

I think that over the next 12 months, Bitcoin will be able to restore its value and reach a price level of at least $ 12.000, in other words, I can say that I am confident that the 2019th year will bring with it a big positive for the Bitcoin ecosystem.
Robotbitcoin22
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December 22, 2018, 05:44:20 PM
 #126

The reason for this is because when the market decreases and the investors' mentality decreases and makes the assumption that bitcoin will experience the end of the transaction or dead. even though this is a wrong thing
Captain Sneeze
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December 22, 2018, 05:51:15 PM
 #127

When people say Bitcoin is dead, make sure to show them this graph. What an outstanding performing asset. This is why people invest in Bitcoin, hold on to your seat belts!
 Wink
What are your thoughts for next 12 months?


This graph proves that bitcoin can recover even this time that it seems impossible. Well we cant blame people if they want to invest in bitcoin because its worth to invest. You can make a lot of money in easiest way ,  but for the next 12 months I think bitcoin will have a lot of improvements on its price so im willing to wait.
Rebisco
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December 22, 2018, 06:05:53 PM
 #128

Do not mind them because they do not know what they are saying. I am sure that they will regret it because bitcoin will not die as they say. Actually, the value of bitcoin is continuing to rise over time. Their knowledge is not enough and it is the reason why they are saying that bitcoin is dead.
SyrulRamadhan
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December 22, 2018, 07:32:45 PM
 #129

in my opinion it is news that has long been said by many people that bitcoin will die and others but until now it still exists and continues to grow. I think people who say bitcoin will die only fud to get a cheap purchase price
WebTera
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December 22, 2018, 08:24:15 PM
 #130

No matter how much about bitcoin did not say that he would die - he lives and thrives. And this graph confirms this fact. So I suggest you just don't listen to these stupid rumors.
Elerntta
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December 22, 2018, 08:58:40 PM
 #131

Nevertheless, bitcoin is still alive and continues its development. Yes, the price fluctuates very much, but this is not the main thing in the formation and prosperity of bitcoin. As long as he develops and improves, he will be fine.

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December 22, 2018, 09:06:29 PM
 #132

I never mind what many others say about the bitcoin issue ,that truly the price of crypto now is vert low and others say that bitcoin is goona be dead ,but it does not matter , I still believe in bitcoin ,its only that there are really thongs to be fixed in the current crypto market that would make all the cryptos and bitcoin will be back to its original price value in the market.

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December 22, 2018, 09:35:26 PM
 #133

We don't have to show it to them, haters are everywhere and they will never stop trolling the community who tells that bitcoin is dead and will go to zero. I'm not sure what these people are eating and they keep on bashing bitcoin knowing that they are aware of it. I've encountered one of it and he keeps on arguing with the said dip of December 2017 up to today, I'm tired of arguing with those people.

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abojamal
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December 22, 2018, 10:04:13 PM
 #134

There is a lot of talk about the death of the currency as prices fall
Now we are with a bullish wave
I wish it lasted so long that we did not hear their opinions.

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December 23, 2018, 07:14:46 AM
 #135

if bitcoin has died why there are still many investors who put their money into it, and even in various markets demand and supply still exist even though the price movement has decreased. so far the bitcoin price movement has slightly increased and shows the price movements will improve. we have to make sure everyone can invest in it because bitcoin can be beneficial to the holders. This type of investment has been trusted by investors around the world and in the future it will surely experience growth
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December 23, 2018, 07:27:40 AM
 #136

Maybe people who say that Bitcoin is dead are people who have suffered heavy losses from trading, and they want Bitcoin to disappear, so they spread negative news to BItcoin to the public. But in my opinion Bitcoin will still exist, because bitcoin has full power behind it.
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December 23, 2018, 07:51:00 AM
 #137

those who say bitcoin is dead may be because they are stuck at high prices and prices cannot go back up again that is what makes many people say bitcoin is dead because prices have not gone up and their assets have not recovered.

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December 23, 2018, 09:58:04 AM
 #138

Some people are too stupid to think that bitkoyn will die. They just do not understand what an opportunity it is for a good earning
Right some people they are lack of knowledge about in cryptocurrency they didn't understand the how bitcoin works, only they see the decreasing of value and not the opportunity of bitcoin given to us. Bitcoin is good income source.

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December 23, 2018, 11:11:36 AM
 #139

those who say bitcoin is dead may be because they are stuck at high prices and prices cannot go back up again that is what makes many people say bitcoin is dead because prices have not gone up and their assets have not recovered.
- Indeed, many people have bought bitcoin at a very high price and hope it will reach higher prices then they will receive a huge profit but everything went wrong with the trajectory they calculated, the price of bitcoins kept going down and there was no recovery, and they really felt that bitcoin was dead. However, they do not realize that these are just rumors and a market cycle, the price of bitcoin will soon show signs of recovery and return, which is what we see right now, Bitcoin will not die unless all investors give up hope and dump it


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millionaireshs
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December 23, 2018, 12:52:50 PM
 #140

When people say Bitcoin is dead, make sure to show them this graph. What an outstanding performing asset. This is why people invest in Bitcoin, hold on to your seat belts!
 Wink
What are your thoughts for next 12 months?



We are continually going up in terms of using technology so i think no reason why bitcoin doesn't succeed. Try to research the volume of followers and also the numbers of being popular bitcoin is the number choice, when we talk about bitcoin is dead if the price value back to zero.
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