Did Bitcoin actually died ? Yes, more than 320 times already

[coin8coin8]

Bitcoin will also be declared the 321st death, the 322th... As with every prediction you see, the various prophets will always use such sensational headlines to attract our attention.
I have ignored the unrealistic predictions, they have no real value and are not worth reading.
I think that I believe in my own judgment and believe that the future of crypto is enough. As for the future price, we will only know when it happens.

[nicster551]

A certain disillusionment is affecting the crypto-active markets, while Bitcoin prices are flirting dangerously around $4,000. Since the record set in December 2017, its value has fallen by 78%, causing the American economist Nouriel Roubini, Bitcoin's well-known opponent, to say that "the mother of all bubbles has now burst". To say that he is going through a difficult period is a euphemism: it is no secret that a crypto winter has been installed. Nevertheless, Bitcoin's history has shown that every time he was promised death, it emerged stronger.

In traditional finance, a crash is generally defined as a fall of at least 10% in a single session. For Bitcoin, the volatility is such that it is not interesting to count them as it is customary to observe such variations.It is preferable to focus on correction periods, named after these more or less sudden downward movements, stopping a general upward trend, affecting assets that are probably overvalued. They may lack fundamental reasons or simply obey a profit-taking by investors. Here are all those that have exceeded 30%.

The worst correction observed occurred between November 2013 and January 2015, causing Bitcoin to lose 87% of its value in 411 days. This collapse is similar to the one currently underway, but 2014 was also marked by the bankruptcy of MtGox, at the time the world's leading trading platform (nearly 80% of flows). Many users had lost access to their Bitcoins, throwing a great wave of pessimism into the area. Nothing to do with 2018, as favorable news from Wall Street is accumulating.

The question now is how far will the 2018 correction go? Can it go to zero?

In the case of a company, even if it is bankrupt, the value of its walls or machinery prevents it from reaching this threshold. For Bitcoin, you have to ask yourself what its core value is.  What value can this have in Europe? Almost nothing, given that our banking system works relatively well. But the question must be asked differently in other parts of the world, such as Venezuela, where Bitcoin is increasingly being used to escape hyperinflation in the bolivar (the IMF expects +1,000,000% over the year). In Caracas, it is perceived as a store of value and a way out of an authoritarian state.

Bitcoin's weakness lies in the effectiveness of its protocol, which allows you to send value online without the need of a trusted third party. The level of his course is ultimately of enormous importance.

No matter how many times it died but we still don't know it yet that this is the final stage for Bitcoin to go down and might not go back up again.

[Belec]

There are plenty of such topics on this forum I do not know why people think bitcoin died, it's just another phase through which bitcoin must pass to stay at the height of the task, the bitcoin will be great again and the whole world will talk about it again, but Right now, when the price drops people are not interested anymore. Bitcoin will never weary, nor has he ever died, that is the current state that will improve over time and come to a state like it used to be.

[bedford1972]

A certain disillusionment is affecting the crypto-active markets, while Bitcoin prices are flirting dangerously around $4,000. Since the record set in December 2017, its value has fallen by 78%, causing the American economist Nouriel Roubini, Bitcoin's well-known opponent, to say that "the mother of all bubbles has now burst". To say that he is going through a difficult period is a euphemism: it is no secret that a crypto winter has been installed. Nevertheless, Bitcoin's history has shown that every time he was promised death, it emerged stronger.

In traditional finance, a crash is generally defined as a fall of at least 10% in a single session. For Bitcoin, the volatility is such that it is not interesting to count them as it is customary to observe such variations.It is preferable to focus on correction periods, named after these more or less sudden downward movements, stopping a general upward trend, affecting assets that are probably overvalued. They may lack fundamental reasons or simply obey a profit-taking by investors. Here are all those that have exceeded 30%.

The worst correction observed occurred between November 2013 and January 2015, causing Bitcoin to lose 87% of its value in 411 days. This collapse is similar to the one currently underway, but 2014 was also marked by the bankruptcy of MtGox, at the time the world's leading trading platform (nearly 80% of flows). Many users had lost access to their Bitcoins, throwing a great wave of pessimism into the area. Nothing to do with 2018, as favorable news from Wall Street is accumulating.

The question now is how far will the 2018 correction go? Can it go to zero?

In the case of a company, even if it is bankrupt, the value of its walls or machinery prevents it from reaching this threshold. For Bitcoin, you have to ask yourself what its core value is.  What value can this have in Europe? Almost nothing, given that our banking system works relatively well. But the question must be asked differently in other parts of the world, such as Venezuela, where Bitcoin is increasingly being used to escape hyperinflation in the bolivar (the IMF expects +1,000,000% over the year). In Caracas, it is perceived as a store of value and a way out of an authoritarian state.

Bitcoin's weakness lies in the effectiveness of its protocol, which allows you to send value online without the need of a trusted third party. The level of his course is ultimately of enormous importance.

Do not trust the banking system. If we knew how it works, it would be long gone. Bitcoin was invented to exclude intermediaries, with which he copes very well. Transactions are fast enough and without locks. I know a lot of people who use bitcoin to transfer funds to relatives and friends in other countries. You underestimate the digital asset too much. His success is yet to come. It is not necessary to listen to various experts on Finance. They don't know what they're dealing with. Bitcoin is unpredictable now. I firmly believe that bitcoin will take its place in the modern world and we will see its flourishing. However, I do not dare to analyze its value.

[hisuka]

There are plenty of such topics on this forum I do not know why people think bitcoin died, it's just another phase through which bitcoin must pass to stay at the height of the task, the bitcoin will be great again and the whole world will talk about it again, but Right now, when the price drops people are not interested anymore. Bitcoin will never weary, nor has he ever died, that is the current state that will improve over time and come to a state like it used to be.

Everytime bitcoin falls people claims of bitcoin death so it has been always sorrounds of negativity in the market. Agree, it will survive throughout these difficulty in the market so I also believe bitcoin will rise up again.

[biskitop]

when bitcoin falls to a low value or at least down to 50%, surely everyone immediately says that bitcoin will die but the fact is bitcoin is still alive today. so there is no reason to say that bitcoin is dead just looking at the market that the price is falling. soon the price of bitcoin will definitely rise again, because now it has entered the final Q4 and soon will enter Q1.

[Lizzylove1]

Any fiat apologist can write any article against the bitcoin to suit their capitalist masters milking the people their hard earned income by way of cooporate robbery. But these guys will secretly be amassing bitcoin via a proxy account and laugh in the secret at weak hands when the bull run sets in. I really don't pay attention to such trouble makers because sooner they will retire into their shells when everything stabilizes.

[efffgin]

It will never go to zero, as long as the price drops there will be always someone who will buy btc. That's why I wouldn't say it "DIED" it just Crashes but will go up again, just like any normal cycle here in this type of market.

[eternalgloom]

The question now is how far will the 2018 correction go? Can it go to zero?

this is not a correction anymore. this is more of a manipulation and because of that you can not predict its bottom. but the only thing you can be sure about is that no matter how strong the whales who are manipulating the price are, they will never be able to crash the market as much as bringing it to 0.

Do you really think this is price manipulation? I would think that the price is currently dropping, just because there are man,y people and institutions shorting Bitcoin.
Everything changed since Bitcoin futures were introduced. When was it? A little over a year ago, right?

Give me some proof of actual market manipulation, otherwise it's just as believable as any sort of conspiracy theory.

[kelz1]

It isn't a case of bitcoin surviving, more like when it will bounce back. The shitcoins at the lower end of the spectrum are battling to survive, this is more like cleaning operation. Bitcoin will simply return when the time is right

[kissme09]

Bitcoin will never die, and it will always stand up after falling. According to the information you give, Bitcoin often falls for a long time after its rapid growth, and this is a long-term price adjustment. I believe that Bitcoin will break its limits.

[UmerIdrees]

Bitcoin will also be declared the 321st death, the 322th... As with every prediction you see, the various prophets will always use such sensational headlines to attract our attention.
I have ignored the unrealistic predictions, they have no real value and are not worth reading.
I think that I believe in my own judgment and believe that the future of crypto is enough. As for the future price, we will only know when it happens.

It will be said 1000 times before that bitcoin is dead or bubble but it never ends in reality. The more people say negative things about bitcoin, the more powerfully the bitcoin grows.

[Zin-Zang]

Hmm

Many People confuse low price with Death.

In a Coin, True Death only occurs during a death spiral on the network.
That Death has never occurred yet for BTC.

[BitcoinPanther]

Well, I do not consider a decline in price as death of Bitcoin, if it is death then Bitcoin might be immortal because it goes back to life after such death surpassing its previous milestone.  I believe these kind of terms is just to sensationalize the news.  To have more impact and catch more interest of the readers.  Oh well, that is how news goes, not spiced  word will not cater interests.  News publishing is a business after all.

[oginiimaoyani]

If the price of bitcoin goes down and down it does not mean that bitcoin is dead because it will for sure recover from the fall, to me bitcoin is very much alive

[FedorIzmailov]

there is no point in believing this negative news. I am sure that we will earn well on cryptocurrency if we do not leave this market

[tunapa]

I still don't understand what you mean by 'died'.  Just because of the price fall,  now bitcoin and cryptocurrency has been given many names . You can enjoy it while it lasts because somthing better is coming . Let's try to note this and always get ready for it to play out. 

[bellamente]

With each fall of the market - the cryptocurrency community grows!

Whales sell their cryptocurrency, and the number of small investors is growing every day. I think bitcoin will start its way to the moon soon

[burky155]

No way! The bitcoin price is crushing yes but the die think would never happen that i am sure of it. We have seen many bull runs and the bear markets, rises and falls. But it haven't died and will never. Maybe the price never arrive $20.000 levels but will survive for sure. There are millions of people invested the bitcoin billions of dollars, and every new day this community getting bigger. So you need to trust little bit more to bitcoin.

[Marbelli]

this time everything looks serious enough and I think that we are really watching now the death of bitcoin