Is it Game Over for Bitcoin?

[neocryptrix]

How many times has BTC died? As of this writing BTC has lost 77% of its value. I have alts in my portfolio that have lost that inside of a month. BTC is finite. It's had greater falls than this one. Anything less than a meteor striking the Earth and Bitcoin survives.

[pucunghul]

no, this is not game over for bitcoin, the current situation is not the first time bitcoin has experienced it, in the years before bitcoin has experienced many times like now, so don't panic it's better to buy it because bitcoin will definitely rise again.

[celot]

We have give bitcoin about one week for seeing how come they could back stronger and growing up of bitcoin, but if pass more than one months bitcoin still lower maybe we can say the end of bitcoin era, looking other site for getting your profit.

[blocklancer8]

No, my trust in bitcoin will not die. I am as experienced as you are, but remember the value of bitcoin will return to the top. Surely time will pass and recover, everyone knows how and when bitcoin works. Can fall suddenly even inflate with immeasurable, remain optimistic and do not panic.

[Kelvinikke]

The sudden downfall of bitcoin does not mean that bitcoin is going to die or will fade out of the system but rather the market can rise anytime soon. Crypto noobs are leaving bitcoin investment because of all the FUDS but the real holders are holding unto their coins and waiting for the bull run of bitcoin

[Ridwan Fauzi]

Maybe I should have been at a price decline that reached 94% in 2011 and also a price reduction of 87% in 2013, to ensure that the bitcoin would be fine. For beginner investors, the decline in the price of $ 20,000 up to now $ 4400 will have a slightly negative view of bitcoin, much of the lust that says that bitcoin will end, that's what every day always thought about. Hopefully I find something that ensures that I continue to be patient and keep hold like someone who has experience in this matter.

[steampunkz]

I think it's not yet. As of now the price of BTC is still reasonable and high, Remeber last 2017 when Bitcoin jump from 1000$ to more than 19k USD in just a couple of days. When BTC reaches down to less than 1k USD then, that's the time we know its coming to end.

[RonF]

Several years ago I bought several hundred bitcoins at $250 to $400 each.  Then in August got the same amount in free bitcoin cash.  This spring with bitcoin at about 9K I bought $700.000 worth of new house, farmland, tractor, barn and more with it and still have about half my coins.

Game over?  Wake up, the game has just started.  Hold on for the ride because several times bitcoin has fallen 70-90% and then rose to record highs.

[bagsat]

It is just a part of flow chart of investment. Investment cycle not always going up but sometimes it has its fall down. Though its not yet its over and hoping bitcoin will rise up again so that the intensity of ivestment will go up again.

[VitKoyn]

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?

Yeah this is really tough year for Bitcoin and other cryptocurrency but we all have seen this before (a lot of times) and crypto market still recovered. And it is still possible to happen again even with this governments trying to destroy it and FUDs coming out. Personally I think it will go back to normal soon but it will not have a huge rise in price and hit back to $20k because it is true that many people lost their interest on investing in crypto because of this continues decline. But I would  only say that it is game over for Bitcoin if big exchanges will start to close their services.

[cunicula]

For some people game has just started and for some it has ended already.
Bitcoin is a whore who so ever has influence to control market it goes according to them.

[TBboys]

No, the game is just getting started.
Bitcoin has been dead more than 300 times, but it is still alive, which is enough to prove that the game will not end so easily, patiently waiting for the game to continue, Bitcoin will finally win.
As long as there is any place where you can trade or use Bitcoin, the game will not end.

[hassan.ahmad03]

It's not even close to Game Over for Bitcoin. What was its price initially? then what was its price in 2015? well, the price has increased phenomenally. This is just a bad phase that took birth due to the greed of people, this phase will pass soon and Bitcoin will become stable in the upcoming year.

As per my knowledge Bitcoin is still in the game and will strike back by the end of 2019.

[thesmallgod]

when I see deep crash in crypto I believe it is a chance to be onboarded and hope to enjoy what huge crypto holders enjoyed in 2017 during the bull run. there is nothing like game over for crypto.This shall surely pick back when and how is what we do not know but I will not sell my coin at cheap price. I will keep holding and buy more at low price.

[Peashooter]

This game is not yet over and bitcoin will never end in game over simply because we always face this problem in every year and we always solve that problem every year. Even we face big problem and big challenge it will never end in game over.

[paulk11087]

I've always seen the news that bitcoin has come to an end. these prices do not meet the costs for mining. Mining has started decreasing, but no matter what the whales will not leave the levels of this price.

[Indrawan77]

There is still a long way for bitcoin, the falling of bitcoin is a strange things and seems like being manipulated, and there are several good news that waited for crypto, so its very important now to calm the investors to not do any panic selling, if we stick together then bitcoin will keep on survive and able to lift up the price

[bering]

Finally the price dropped to the lower price in this year but i think that is not game over yet and indeed after several months without big moves then the movement were beyond out of people expectation because the price not rise up but i think this is only temporary situations which mean still possible to bitcoin climb up again soon but the most important is we should not being panic

[Keyboard PC]

bitcoin will be very difficult to end because bitcoin is very much needed for the future later as a substitute for paper currency and menu to the digital world, when prices fall like what is happening now is normal this is the condition of the price of bitcoin which sometimes goes up and sometimes goes down . so just enjoy the price movements of bitcoin and as much as possible don't panic easily.

[KrishaBitcoin]

I believed this is not over for Bitcoin at its has been in this difficult situation so many times before for the last 10 years and keep on surviving but still no one can predict the market future that not even the experts in which they became foolish for so many times because of this bearish market trend.