Is it Game Over for Bitcoin?

[marjil]

You, a Legendary rank member, should know this. You've seen the massacre that had happened in the past right? you should already know that even with a decline of price like this, Bitcoin would still continue to grow in development regardless of price. Also, we would see some green soon.

Development is one thing; price is another altogether. DLT is gaining traction within and outside the crypto space - even established blue collar sectors are entering blockchain in force. However, this does not directly translate to value for cryptoassets, ie. does not move in parallel with price or utility.

[virasog]

As long as there is crypto, I am very sure that Bitcoin will always be there and need each other. it is very difficult that bitcoin will disappear from circulation or disappear

bitcoin is the base of all crypto and if ever bitcoin collapse , for sure there will no be cryptos that will stay alive  but atleast the bockchain technology is already there and cannot be erased anymore  . people can still create a replacement for cryptos as long as bitcoin's game will be over  .  do you get my point  ? so cheer up mate   .

It is not yet game over for bitcoin , it just a matter of adjustment in the market ,that it is in lower price value ,but I do not believe that it will last for a very long time, in a matter of  time it will recover sooner and be  alive in the market, but it will not be over as other predicts or say.

How many times do we see comments like this that Bitcoin is over / Bitcoin has ended ? But bitcoin never ends and also it comes up more strongly. I have been in crypto for last 2 years and I have seen many ups and downs of it.  One thing is for sure that no matter how low bitcoin goes and how much longer the bearish market stays, bitcoin will always recover.

[fianaindriati]

I believe that bitcoin will not be game over. but bitcoin will grow even more. because now bitcoin has also been increasingly sought for, both companies and individuals. because they believe that bitcoin gives us a big advantage.

[kotajikikox]

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?

I am disappointed in your negative thought for bitcoin, your rank is legendary but your understanding isn't fit in your rank, when you look at the coinmarketcap bitcoin is stay stable their price.

 

[Exeus]

As long as there is crypto, I am very sure that Bitcoin will always be there and need each other. it is very difficult that bitcoin will disappear from circulation or disappear

bitcoin is the base of all crypto and if ever bitcoin collapse , for sure there will no be cryptos that will stay alive  but atleast the bockchain technology is already there and cannot be erased anymore  . people can still create a replacement for cryptos as long as bitcoin's game will be over  .  do you get my point  ? so cheer up mate   .

It is not yet game over for bitcoin , it just a matter of adjustment in the market ,that it is in lower price value ,but I do not believe that it will last for a very long time, in a matter of  time it will recover sooner and be  alive in the market, but it will not be over as other predicts or say.

How many times do we see comments like this that Bitcoin is over / Bitcoin has ended ? But bitcoin never ends and also it comes up more strongly. I have been in crypto for last 2 years and I have seen many ups and downs of it.  One thing is for sure that no matter how low bitcoin goes and how much longer the bearish market stays, bitcoin will always recover.

bitcoin is one of the coins which is being known/popular and has a high value of price right now in the whole world and guess what some countries accepted bitcoin as a payment method and not only by that there's more progress of bitcoin which is not easily to be over/ended this time.

[kerjakuat]

Some kind of people doesnt have any patient to hold bitcoin so they will said ut dead. In cryptos it is normal price will be dropping cause nothing will stay up forever. Bitcoin are reduced it values to the dip and this might be a good time to buy more bitcoin at the dip. Bitcoin only will be died if no one will buy bicoin anymore. Then the nightmare will begin at cryptocurrency.

[iMark]

No its a just drop in price now, everyone know the ability of the bitcoin and the price will rise again.

I think most investors know about it, but most users are traders, of course when prices fall, many of them do a cut so prices fall deep enough, and many people are also confused about when the recovered price happen, then makes them think to do cutlose. but I'm sure people always believe that bitcoin won't end this fast

[BitcSeo]

Nope, it's not over.

NOTE This (dated . 05.01.2019) ! Bitcoin will continue to drop but,this will eventually lead to MORE circulation (meaning more people get know about it, buy & trade with it) before the next circle takes place (increase in price)

Thanks

[denny27]

No its a just drop in price now, everyone know the ability of the bitcoin and the price will rise again.

Of course it will be, we do not knowing it yet fully that it will turn to be higher by whatever it will bring it back to height. Even though we can't guess it exactly, there are many things out there that can support cryptocurrency conditions being better.

[FlightyPouch]

Bitcoin will never die in my opinion it will revive one day but when time will show us.

You said that Bitcoin will not die, to be precise will never die, right? Then why are you talking about revival? That just also means that Bitcoin will die and it will be revived. Bitcoin whenever it experiences a dump people will be saying it will die, it is already dead something like that but for a long time it did not die, it continue existing and making good price movement progress especially this year that the price is like getting stable.

[hxtop]

Challenging in many areas against to governors, officials, bankers and traditional investors is not an easy task to overcome. Bitcoin supporters and belivers are not only fighting with these and there are also many speculators and manipulators. If cryptocurrrencies had not depended on strong foundations and they just been some kinds of ponzies, they coudn't have withstanded for a few months.

[rodel caling]

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?

I think you need to check the coin market cap at this moment bitcoin are going to game over, the market signal are clearly gives hopes from the bitcoin community back to the normal stronger currency including altcoins.

[RareFortune]

It will be game over if we stop using Bitcoin but as far as I can see on some countries that Bitcoin became one of their payment option for buying anything, also there are lot of individuals who accept Bitcoin as payment for any services they provide.

[basyang]

Not game over but is a hard moment for bitcoin. Is really sad to see the price below $5k, but still a nice price. When i join this crazy crypto world, btc was at $600 and after that, it goes down to $250, so, watch it over $4000 for me still a great price. But to be honest will be hard to see it hitting the $20,000 again. At least will take some years.

I am totally agree with you, despite of its lower price it does not mean that Bitcoin is game over. Let Bitcoin is struggling in some crisis thats why its price is down and it took a months before it will recover. For me as long as we using Bitcoin and other cryptocurrency it will never bs game over in crypto world. Its just a normal situation if its in downfall just be patience.

[anehh]

We must realize that in investment there will always be price movements, as well as bitcoin. Some people have enjoyed the benefits of bitcoin, and of course there are also people who have suffered losses through bitcoin investment, for that I see that until now bitcoin still has a fairly high level of trust, and there are still many people who hope for bitcoin. I am sure that bitcoin will again show its strength as the best crypto that exists and also as the king of crypto through price increases that might occur some not in the future. I still believe that bitcoin is able to provide great benefits to all of us, so don't give up and remain confident with patience to wait for the increase in the price of bitcoin, because that will definitely happen.

[entebah]

If Bitcoin ends, then what about the fate of Investors who buy Bitcoin for $ 10,000 or more?
maybe they will get sick and depressed, it's not funny. So in my opinion Bitcoin won't end quickly, because there are still many requests to buy Bitcoin at this time. So it only takes a few more years to see Bitcoin rise again.

[Janation]

it is still very early to write off bitcoin from the accounts and it seems to me that he will still show himself in 2019

Him? Are we talking about Satoshi Nakamoto here?

Bitcoin in 2018 is not the worst but it is not good. The whole year a lot of things happened and it did not happen what people expected to. People are saying that it is dead, that it is done, that it is game over for Bitcoin it is really not. Bitcoin naturally get through with this, it is normal since we are investing in a volatile cryptocurrency.

[Maxre]

I'm not sure if Bitcoin will be game over.
this period has already happened to bitcoin, game over will happen if bitcoin has no value anymore, it will become a destruction of bitcoin, but that is impossible because what I know is that people's interest in investing continues to increase from time to time.

[BorisWCR]

For me, as a fellow crypto user here, my own thoughts and opinion to Bitcoin crypto currency is that the time of Bitcoin is not yet game over. Honestly, as of now, we all know and aware that it keeps on kicking and running. Ihave high hopes that Bitcoin will not be easily get vanished from the community we are living now.

[Gi01]

Bitcoin goes beyond the change in its market prices and its never game over for Bitcoin. How can it be game over for a coin that has been in existent for 10 years now? People don't really understand the initial purpose behind the development of Bitcoin. They just see it as a means to financial break through and also a get rich quick investment opportunity. You are at your own risk if you see Bitcoin investment that way. Its time people spend some time to fully understand what Bitcoin was made to accomplish in the financial world.