This is not the end of bitcoin

[Pab]

What a global currency you talk about
do you think SEC or Bank of India decide about what will be global currency
People are funny with that idea that btc will be global currency
Bitcoin  will survive now we have speculative flash crash
Now imagine dollar crashing like that
Investigation will be launched immediately
In crypto few traders can do what we have today
 

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[crossabdd]

just like you. this is only a small part of broken bitcoin. it won't make bitcoin die, because bitcoin has lived and become thousands of times. so the price fell like yesterday it didn't matter. keep calm and look from the distance. because we will understand that bitcoin is still at the peak of prices. and has fantastic value.

[Futureglory]

I don not worry my head at all when there is a dip in prices and is not a sign of end of bitcoin. Bitcoin always survive and this wont let it down. Am just waiting for the bullish run before the end of the year. Buddy you get money buy and hold for now.

[Joeyvicky]

Not at all and never will this be the end. To me i see a new opportunity that bitcoin is giving to us all to buy and hodl for the time to have a drastic move in prices is about hitting us and only those who endured will reap it. I know bitcoin has survivied all this while and will never end like this.

[Dondont]

Even if most of the experts says that Bitcoin is still far from the end or it can't ended, People always getting worried about the Bitcoin price each day / week because this year, we have seen all the price get the worst fall in Crypto's history.

[Riingdian]

In my opinion, this is just my first stage of development and it will reach some extreme levels.

[Yamifoud]

Even if most of the experts says that Bitcoin is still far from the end or it can't ended, People always getting worried about the Bitcoin price each day / week because this year, we have seen all the price get the worst fall in Crypto's history.

That's because they are taking it seriously, the huge fall of the market today especially for bitcoin is just an effect of BCH fork and ain't gonna be an indication of its end.  Anyways, we cant blame others to think on the negative as they are still now doubts of crypto capabilities.

[primejia]

The final cause and also the most obvious cause but Bitcoin price dropped the most, this is the psychological sell off from investors. Young trader and inexperienced trader easily fall into panic when the market shows signs of decline, followed by a wave of selling off and the situation becomes worse.

It seems like there is a game of big traders, want to create a panic situation,   and the effect that occurs is that small traders will quickly sell, this kind of thing that big traders really want with the panic caused will decrease the value of the currency, 
 and the big traders can buy in large quantities at a relatively cheap price,   tricks like this have often been done in the world of commerce.

[DaWidyaa]

Well I agree with your opinion, I think bitcoin will not die at any time because it is very useful and useful for transactions and bitcoin is also the basics of cryptocurrency because if BTC dies all also die.

[rosepetals]

Recently, I have been seeing a small spike in the number of posts about bitcoin prices. Most of them seem to be out of fear bitcoins end.

But I think bitcoin will survive. Here is why I think so.

First let's take a quick look at the price charts.

Now the prices for BTC is depicted for a day. Seems like BTC is falling fast right?

Now let's look at another image.

Now this is the price chart of BTC for a month. Doesn't look that great does it. I mean the prices were volatile and seem to now be falling.

Lets take a look a the last image.

In this image can you spot the fall that easily?
Not really. It does look highly volatile. But then the prices seems to be stabilizing. The spikes seem to be reducing and there seems to be consistency.
The thing is we have looked at bitcoin up close and that's why we say things like:

Bitcoin prices are falling

Bitcoin down by 20%

Is this the end for Bitcoin


But when we start looking at the bigger picture. We can see that bitcoin has come a long way and the price chart if seen up close might show a trend towards the end. But sometimes the bigger picture needs to be seen. Don't panic bitcoin still has a lot left. It will keep fighting.

If not the price chart. Think about the fact that countries like the US and India have noticed bitcoin and other cryptocurrencies and have planned to provide a verdict. I will admit that it has been delayed but the mere fact that the SEC in the US and the Supreme court in India are providing a verdict means bitcoin might just be a step closer to becoming a global currency.
At least it keeps the Hope alive.

This is just my opinion. I would really like to know about yours.
If I am wrong please prove it to me.
I am always happy to learn more.

Picture source: https://coinmarketcap.com/currencies/bitcoin/

I think repeated scenario has always been happening when price drops.Price drops too fast when seeing the chart..but this doesn't bother me at all.We all just need to have more patience when it comes to bearish market because the price will get back soon and this is too far from the end od bitcoin.

[jeromix]

Well all of this are speculation and we do not really know what will going to happen with the system. Besides, the graph would not be am accurate basis for the probable happening to occur for bitcoin. As we experience the current fluctuation now, the outcome will be determine as we follow the market all along the way in the near future.

[zeingrind777]

In my opinion the BCH forking what lead to some FUD in the community started the initial dump. This like always pushed panic selling into action. Reason being bitcoin stable for some months made some weak hands drop their coins. They possibly had bought previously this year when bitcoin was still in the buzz but sadly luck was not on their side and when the FUD hit, it hit them hard.

They started selling causing the 10% dump. This does not mean its the end, I have seen this happen every few months and people claiming it to the end only to be debunked a few months later. Good time to buy but be cautious because prices may dump even more soon.

Yes, a similar incident occurred in August 2017. When BTC forking, people spread FUD so that many holders dumped their coins. After the forking was successful, the BTC value became very high than before. So, the current decline is not the first time this has happened. It's only a matter of time and the crypto market returns to normal.

[phelbaby]

If the goes in a dip fall or not it is not a cause to sell or dump out of fear,it should rather be a better time to acquire more to our portfolio but this is not the case to weak hands they always out panic.

[ogini]

Some  investors not all feel that  when the price is low or there is a fall in price Bitcoin is dying and there is no hope for all investors. This thought are really dangerous for such investors,it should be better understand that bitcoin is a volatile currency and no one can predict when the price will fall or when the price will come up and if the price comes goes down it does not mean it is death.

[Rashid555]

when you fell there is down turn in the market then it is not the end of bitcoin but this is with time that some time market bull and some time bear but still the trade is going on in the market and people use this currency for payments and other uses as well.

[ngerok]

If the goes in a dip fall or not it is not a cause to sell or dump out of fear,it should rather be a better time to acquire more to our portfolio but this is not the case to weak hands they always out panic.

although the value of bitcoin is decreasing this does not mean the value of bitcoin will be increasingly lost. we know prices can change and that means bitcoin can still be used and trusted. be patient and don't panic the value of bitcoin is still above the altcoin.

[batang_bitcoin]

Those people that are thinking that the end of bitcoin are only basing with the short term falls. But they never looked at the long run of bitcoin and the past of it.
If they will start looking on it, they will be amazed on how bitcoin survived all of those times and made it to the high and still 1/4 of the rose that it made last bull run.

[qiwoman2]

I just want people to stop using or mining BCH and that BCS Bullshit coin of a fork as well. They are a waste of space on the CMC and diluting the crypto pot. Bitcoin would be at least sitting at 10 - 12k USD if it weren't for all the forking that's been going on around it, trying hard to destroy Bitcoin from within by these moronic alpha males. No wonder we are falling short of mass adoption and more of us women coming into crypto right now when the sh8t show is run by all these retards. I am sorry to say, we need more forces for good in Bitcoin circles that will entice more people to come in and hodl Bitcoin, along with other altcoins.

[XCANA]

Agree with you, this is not the end of Bitcoin because this has be part of the growth of Bitcoin where the price will fall and rise at any given point in time. The currently happenings has shows that Bitcoin will survive this big challenge. The drastic fall of Bitcoin price was as a result of many factors ranging from Bad news and the fight on BCH: Hard Fork, hope the dust settle and the price move upward.

[TheClownSong]

I am agree that this is not the end of bitcoin. I am believe bitcoin will survive because its store of value. Market movement in past few days not indicate bitcoin will die because bitcoin dominant still above 50% in market cap value