Is it Game Over for Bitcoin?

[marjil]

This is not a game over for Bitcoin since there's a lot of big investors who still holding it and i guess whales are playing the price so that they can get a maximum profits on it.

Obviously game over would imply the end of bitcoin completely in that it would have a value of nothing. However, as we can see, bitcoin is extremely valuable. Last time I checked it was very valuable at around $3600 dollars, which is a large sum of money. So I don't think we can say in any way that it is game over.

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[Harley29]

In the financial markets the game doesn't end. Therefore I think, it is impossible to say that the game over for Bitcoin

did you know the dotcom bubble ? that was ended on the year 2000's because they have been guilty for scamming . you cant say that there is no ending in financial market because not all are legit  . we never know if bitcoin can also end like that  but lets hope not .

Why game over? Btc price in 2016 was just $500-600

BTC reward halved in 2012 then the ATH pump happened 2013, BTC reward halved again in 2016 then another ATH pump happened in 2017, BTC reward will half again in 2020 so expect another ATH pump not long after.

so do you mean that btc pumped because of halving ? no its not . btc only pump if many people will buy and hodl it  .

I think it's not a crash and an end but a new beginning. When you go uphill it's hard for you.

it is actually a crash but its not an end . it isnt also the beggining because bitcoin is already up for more than several years  .

This de happens with bitcoin. He endures a lot of difficulties on his path of development, but in the end everything will be fine.

yes this so true  and it does happen on real life  . if someone is on top , many people will bash and hate it because they are jealous   .

They are trying to discourage you So that you will not invest again and you will be just like them. It’s all whales in market who are trying to trap people by telling them such fake news and forcing them to sell and later on they buy at low price. Bitcoin will never end because there are millions of companies who are adopting it on high states.

[samycoin]

I think the game is not over for bitcoin because as long many people wants to use bitcoin and many people still believe in bitcoin it will not over. I think bitcoin will be more decades even its always declining but still in good price not in a super lower price.

[Luthfiyaaa]

can Bitcoin be game over? don't be so like that, you think like that maybe because the price of bitcoin is getting worse, but be patient and wait, there will definitely be an increase again.

[princehandsome]

of course you understood it just now? in the beginning of 2018 it was clear that everything was going to hell

and at the beginning of this year still in question mark, because there is no sign of recovery from Bitcoin prices but It is not time yet for said Bitcoin will soon end. the chance for Bitcoin to grow again will definitely happen but we won't know when it's time.
 

[BlackPanda]

The future of bitcoin is still very long and we are on the right track. The occurrence of a decline and increase in prices is something that is very commonplace. At the end of December we had a pretty good situation, but a few days ago there had been a decline again. This will continue to spin and the increase will be very likely to happen again. The price of Bitcoin is very possible to increase and this is a good time to buy some Bitcoin to make an investment.

[Dewi Aries]

of course you understood it just now? in the beginning of 2018 it was clear that everything was going to hell

and at the beginning of this year still in question mark, because there is no sign of recovery from Bitcoin prices but It is not time yet for said Bitcoin will soon end. the chance for Bitcoin to grow again will definitely happen but we won't know when it's time.
 

Who said bitcoin dead or say bad about bitcoin maybe who bought at peak, we can see if investor join at range $100-$200 wouldn't said that because they might be already take profit. So, something like this topic wouldn't really affect on community.

[Gondwanaland]

Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money.

Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.

Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon?

Ofcourse not, in these days bitcoin price gets lower and lower and they faces a lot of obstacles this past monta or year but time will come bitcoin will rose ahain and they will overcome those obstacles.  Honestly, the price now is normal because when the time that bitcoin started it has only a little bit price.

[Ava Duvall]

We see a similar situation every two years.
Remember 2015. It was a terrible year for cryptocurrency. But it passed. And BTC grew 5 times after that.
I see no reason to panic. I see reasons to buy BTC now. I see an increase in the popularity of BTC and cryptocurrency. And I know that everything will be fine.

I totally agree, I have noticed a similar pattern as you mentioned(every two years). Everything has to be fine, and yes we have a longer down period but hopefully soon, we will have a high point that will last just as long.

[playboy654]

of course you understood it just now? in the beginning of 2018 it was clear that everything was going to hell

I think it's been a long time to travel with Bitcoin there are lot of ups and downs are definitely that for the development of Bitcoin in this 10 years but Bitcoin will not give up at any time so my open anus it will also continue this journey for long time so but that will not over here.

[Stivler]

why game over?, this is not the end for the bitcoin, this is not we are to be panic, but think about it, in year 2016, bitcoin was just $500 something

I exactly agree with patience, patience and patience

[reynald70]

People who say Bitcoin game over are people who experience failure in trading, so saying Bitcoin has ended, but if we look at the history of Bitcoin so far, prices always change rapidly, so if you want to invest in Bitcoin you are expected to understand the risks contained in Bitcoin

[Wyne]

In my opinion, bitcoin is not yet done at this moment or even for coming day for it. Yes, bitcoin price nowadays is definitely decreasing but it is not necessarily the basis of bitcoin fall. Bitcoin fall have many factors to considered. As long as, also bitcoin nowadays have a price. It is still in the good condition. However, people nowadays are still faithfully supporting bitcoin on what it did before and until it recover.

[conected]

The future of bitcoin is still very long and we are on the right track. The occurrence of a decline and increase in prices is something that is very commonplace. At the end of December we had a pretty good situation, but a few days ago there had been a decline again. This will continue to spin and the increase will be very likely to happen again. The price of Bitcoin is very possible to increase and this is a good time to buy some Bitcoin to make an investment.

- There is nothing to guarantee that the future of bitcoin is still long, all conditions at the moment are pushing bitcoin to the path of disappearance and death, agreeing that increasing and decreasing around the price of bitcoin is a normal thing but this is happening more often, and each time it drops, the price of bitcoin goes down further while the rebound is not too significant, that is really scary. Although we still don't see the end of bitcoin now but the danger from the market is clearer than ever, should not continue to invest, we should wait for the market to stabilize again.

[Abiky]

In the financial markets the game doesn't end. Therefore I think, it is impossible to say that the game over for Bitcoin. Even if we were old in the market and spend few years, we're still hard working every day to accurately interpret the market's course of action and determine the right strategy. In fact we are in a market where learning never ends. As long as we strive, opportunities will come and we will be profitable.

That's certainly true, mate. Markets react in an unpredictable manner, in which specific events could be triggered either by positive or negative news. Considering the rules of supply and demand, Bitcoin's price could rise if people demand it extensively across several crypto exchanges. Other than that, if interest from buying Bitcoin is too low, prices will stale. The current events could be a result of whales manipulating the market just to buy low and sell high for profit.

Cryptocurrency’s volatile behavior makes it impossible to predict what their value will be within a couple of years from now. As you've said earlier, as we strive, opportunities will come, making us a lot of profit at least in the long term. In the short term, it's best to continue buying and hodling Bitcoin, to sell some for cash in the next bull market.

Nonetheless, it may not be game over yet for Bitcoin as it grows in development and innovation over time. Just my opinion

[kr105]

Whenever the price down, same scenario appears everywhere. I don’t think the game over for bitcoin at all. This is just another process and btc price might rise again, anytime! So the best thing we can do is to be patient and observe the market.

[jcmansah7]

Bitcoin is not dead and i don't think it is going to die anytime soon. this is not the first time where we have hit such a low price of bitcoin after it has hit a very high price. Right now so many people are selling at a cheap price and i know they are all going to regret it in no time when the crypto market rises.

[Lexurdania]

It is still extremely early to draw any conclusions, as Bitcoin probably still has a lot of opportunities to grow well in price.

I am agree with you. Bitcoin still at early age and i think it will growing more bigger than now. Bitcoin is main currency in cryptomarket and i think it will survive like others market.

[jtrapirap]

Yes i quite agree that the recent year has been quite disappointing for the cryptomarket after its fall from its all-time-high price on 2017. But i am still optimistic of the future of Bitcoin in our economy. There are many factors that has mainly affect the price trend of the market itself. The least we could do especially to the hodlers is to be patient on its hopeful recovery.

[Sithawaka]

That is what most investors say theses days and specially who are new to bitcoin market but experienced traders think otherwise because  no one cannot expect a positive trend in short term from bitcoin because the drop is much higher than any other period of time but if you are leaving the market or have decided to do that due to this situation that is a wrong move because we have seen how bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so abundening in today means loosing the profits that can gain in the near future so never think game is over for bitcoin