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Author Topic: Why do people keep saying bitcoin is disappearing?  (Read 506 times)
Impulseboy (OP)
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September 26, 2018, 06:49:35 PM
 #1

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
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September 26, 2018, 07:12:19 PM
Last edit: September 26, 2018, 07:36:30 PM by Hannahanto
 #2

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

Where its disappearing? Question was created for the sake? Day by day bitcoin is understood and welcomed by new investors. Many people are ready to invest in bitcoin and hold it for future. Because the price will have masive growth, all are expect by the end of this year it will happen.  Now only it becomes more and more popular among the people. Worldwide it becomes so popular due to its blockchain technology many countries now accepted bitcoin as legal in their country. Then how can it disappearing its not a true
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September 26, 2018, 09:14:56 PM
 #3

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

Where its disappearing? Question was created for the sake? Day by day bitcoin is understood and welcomed by new investors. Many people are ready to invest in bitcoin and hold it for future. Because the price will have masive growth, all are expect by the end of this year it will happen.  Now only it becomes more and more popular among the people. Worldwide it becomes so popular due to its blockchain technology many countries now accepted bitcoin as legal in their country. Then how can it disappearing its not a true

I agree that it was just their techniques to divert other people's mindset, for them to expect changes with bitcoin and they kept on trying to ruin cryptocurrency growth. Bitcoin won't disappear and by those reasons with positive impact to it's community, no reasons for bitcoin to be removed on our decentralized system of crypto. However this can be legal in the future and the demand will continue to rise sophisticatedly.

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September 26, 2018, 09:38:56 PM
 #4

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

Just let them think what they want to think. Don't bother them. Even how good and properly you will explained them those "things" why crypto won't disappear, they will stick to their stand that bitcoin or basically all cryptos are bound to end.

Remember that you have lots of reasons to believed that crypto especially bitcoin won't die. Not just a pure speculation and hype but we have a real and technical outlook for that and it will required long writing if we will explained each briefly.

Stay positive. Surely everyone's expectation to bitcoin will happened soon.

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September 26, 2018, 10:00:33 PM
 #5

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

Just let them think what they want to think. Don't bother them. Even how good and properly you will explained them those "things" why crypto won't disappear, they will stick to their stand that bitcoin or basically all cryptos are bound to end.

Remember that you have lots of reasons to believed that crypto especially bitcoin won't die. Not just a pure speculation and hype but we have a real and technical outlook for that and it will required long writing if we will explained each briefly.

Stay positive. Surely everyone's expectation to bitcoin will happened soon.
Yeah absolutely nothing will happen if we believe to them at least as believers of bitcoin  and crypto currency we are sure that bitcoin will stay longer because of its status, the are many countries adopted and legalized bitcoin it won't just easily toppled.

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September 26, 2018, 10:53:11 PM
 #6

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
That 80% drop was years ago, hardly anybody knew what bitcoin was at that time.. Bitcoin is more popular now and people can more easily just dump it. They don't even have to try that hard, because dumps have become an actual thing and are "consistent".

What people say is useless nonsense most of the time. Bitcoin won't cease to exist for a few years at least, because it has support to back it up. There are so many hodlers who are waiting to sell bitcoin at a higher price and bitcoin is slowly getting adopted. So bitcoin won't die all of a sudden.


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September 26, 2018, 10:58:55 PM
 #7

Yes bitcoin would definitely survive the drop this year and we've been dropping so we just have to accept it.

And for those people that keeps on saying those words loves to spread fud. Just let them say what they want to say as bitcoin bounce back they will soon return and will have that bandwagon effect. Wait until bitcoin recovers again and most of them will keep quiet but some are consistently going to keep saying that.

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September 26, 2018, 11:18:48 PM
 #8

I laugh at all that nonsense. Seriously, the amount of crap we have to dig through due to all the newbies that entered last year and haven't seen anything of the crypto world, are a total disgrace to everything crypto stands for.

I'm afraid that this is only a glimpse of what we will be going through in the next couple of years. Mainstream adoption has different layers and as time goes by, we'll get to a point at which grandma and grandpa are hooked as well.

While it's difficult to ignore all the nonsense that we are exposed to, it's worth at least trying. It's an utter waste of time digging through all that in an attempt to find worthwhile content and discussions.

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September 26, 2018, 11:26:54 PM
 #9

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
The peoples are expecting a new economy so they are all wrongly imagine it will be disappear in future. But real fact all the cryptocurrencies are depends on the Bitcoin support. So once it will disappear automatically crypto technology is disappear in the world. This will be impossible in future because once internet is disappear then only it is possible so I don't take it in my mind.

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September 27, 2018, 12:38:22 AM
 #10

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin.

On Bitcoin Discussion you'll see at least one of these post appear on the front page. Most of them comes from newbies and rarely from people who passionately hate Bitcoin.

how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
They're exaggerating with saying Bitcoin is disappearing. As long as we have miners confirming transactions Bitcoin should be far from over. If they meant the price, altcoins would go first before Bitcoin.

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September 27, 2018, 02:30:54 AM
 #11

Those are some FUDs if ever you come across to it, if you see satoshi moving his coins that will be the alarming part I suppose. You'll see bitcoin disappearing on 22nd century, by now don't be afraid of that kind of drama posts that mostly on newbies in the crypto space.
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September 27, 2018, 08:42:36 AM
 #12

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
We have seen the obituary of bitcoin more than hundred times on the internet. It has survived despite tougher situations. Such statements may be made by either corporate supported media or by big whales who want to manipulate bitcoin price by spreading FUD and encouraging panic selling.

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September 27, 2018, 10:51:45 AM
 #13

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

Indeed, at this time the price of bitcoin is not as high as the previous year, but at this time there is no indication that bitcoin will disappear, there is still positive market activity, there are still many new investors who are starting to use bitcoin, I think bitcoin users are still showing a response the positive and it will not happen that bitcoin will disappear as long as there are many old and new users
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September 27, 2018, 11:53:40 AM
 #14

based on what I have seen in the past couple of years it is mostly because they bought bitcoin at some price (it  doesn't really matter what price) then after a while price didn't act as they wanted to. for example someone might have bought bitcoin last year at $3500 and expected the price to be $50000 by now since some idiot told him online and since it is not and it is $6500 they think it is dying, disappearing or ... of course a big part of it is due to FUD that has always been circulating online in bitcoin related circles.

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September 27, 2018, 12:05:07 PM
 #15

how could people say that bitcoin is about to cease existence?
It's not surprising to see these kind of FUD articles/posts every time the Bitcoin price starts going sideways or stagnates for a long time. It's probably the only time trolls have a reason to start spunning nonsense by writing bitcoin obituaries and whatnot. Best advice would be to ignore those posts and articles you read online, don't feed the trolls.

If it can survive an 80% drop, surely it can survive the drop this year, right?
Absolutely. If anything another drop could mean that a rebound is bount to happen soon and prices will shot up.

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September 27, 2018, 12:06:06 PM
 #16

After all this time and after the bitcoin has spread so much, it is still unbelievable that these rumors continue. Don't worry, bitcoin's not going anywhere and won't disappear. But I'm sure that those who think negative about bitcoin will decrease day by day.
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September 27, 2018, 01:08:09 PM
 #17

It is very normal to see people think this way when there is a downtrend and that shows how myopic the level of thinking of some people can be. As long as they keep seeing the space as a way to get rich and are failing to see the benefits the space itself serves in the long term, they will be so focused on the present moment being a problem, rather than looking at the future to be patient for the benefit.

How you see the future is how you determine your present, which is why those who see a great future, rather than seeing a market disappearing, they are seeing the market giving them a chance to get in at a better price, but like I said, we cannot always think alike. As you see some people seeing the positive side to things, some will be seeing the negative side to things.

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September 27, 2018, 04:16:45 PM
 #18

I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?

what is the basis for you to say that and feel confident that it will happen, if what is the basic reason you say it is a price decline in the present, in my opinion it cannot be reasoned to say so, because of falling prices in the world of trade that is the usual thing that prices rise and fall that cannot be separated.
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September 27, 2018, 05:23:27 PM
 #19

If this performance of bitcoin is disappearing, i would like more of that disappearing in the future. Bitcoin is only getting stronger and more sophisticated. We will see great things soon.
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September 27, 2018, 09:27:40 PM
 #20

It is very normal to see people think this way when there is a downtrend and that shows how myopic the level of thinking of some people can be. As long as they keep seeing the space as a way to get rich and are failing to see the benefits the space itself serves in the long term, they will be so focused on the present moment being a problem, rather than looking at the future to be patient for the benefit.

How you see the future is how you determine your present, which is why those who see a great future, rather than seeing a market disappearing, they are seeing the market giving them a chance to get in at a better price, but like I said, we cannot always think alike. As you see some people seeing the positive side to things, some will be seeing the negative side to things.


I think the reason people think or say things like that is that they don't understand it. I'm sure there are certain things in life that you don't understand too but the issue about what they don't understand is that, they are still trying to pull it down by their hate speech.

I also believe those haters don't know about the technology called blockchain, talking about the future.

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