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Author Topic: Is Bitcoin Over?  (Read 27749 times)
wxa7115
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December 23, 2019, 07:16:22 PM
 #501

There are people who are really negative towards bitcoin, if the price of the bitcoin goes down; they keep ranting that the bitcoin is dead. They do not understand that the price of bitcoin has a lifecycle. The price of the bitcoin is having a hard time to surpass its current resistance but if the price breakout then it is really good to buy bitcoin.
Despite the amazing technology behind bitcoin it is still like any other asset, its price can go up or it can go down, that is just a natural behavior of any market but those that oppose bitcoin use that volatility and those movements to try to say that bitcoin is going to disappear and scare people away from adopting it.

But we know the truth, then negative movements that we see in bitcoin from time to time do not really reflect the quality of bitcoin, bitcoin is as good as it has ever been, what changes is the perception of that value which investors have over time but that doesn't mean that a low price signifies the disappearance of bitcoin.

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December 23, 2019, 08:57:51 PM
 #502

Bitcoin has been trading in the markets for 10 years. Now bitcoin has proven itself. Now we need to think about how bitcoin becomes widespread. Because if bitcoin becomes widespread, it will be permanent. Bitcoin has proven itself technologically.
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December 24, 2019, 07:42:55 AM
 #503

I have seen more than 100 threads with similar subject in the time I have spent here. The answer is NO and will be a big NO. Bitcoin's popularity is higher than ever and people are trying to get a piece of it whenever there is a dump. Hopefully, we will see a new rise in 2020 and another Bull run for alts.

Just 100? I think it's more.
The sad fact is that some user will always raise this question every time when the Bitcoin price falls. Thede are usualy unexperienced users with little or no knowledge at all about Bitcoin but still it could be very annoying.
I also have to say that I gor a little bit tired of explaining that volatility is normal, that Bitcoin has actually just started, that is the future and that with time it will only be adopted more. So.I guess I will avoid such threads.

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December 24, 2019, 09:06:13 AM
 #504

I have seen more than 100 threads with similar subject in the time I have spent here. The answer is NO and will be a big NO. Bitcoin's popularity is higher than ever and people are trying to get a piece of it whenever there is a dump. Hopefully, we will see a new rise in 2020 and another Bull run for alts.
I believe that Bitcoin will never be over. It just did too much of impact on whole culture and economy.
It can't just disappear at one moment.
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December 24, 2019, 02:36:18 PM
 #505

Bitcoin has been trading in the markets for 10 years. Now bitcoin has proven itself. Now we need to think about how bitcoin becomes widespread. Because if bitcoin becomes widespread, it will be permanent. Bitcoin has proven itself technologically.
right, mass adoption throughout the world will make bitcoin permanent, so that high fluctuations can be suppressed, with soaring prices, today's investors will prosper and finally we can easily find stores that accept bitcoin as a means of payment


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December 29, 2019, 04:26:42 PM
 #506

I have seen more than 100 threads with similar subject in the time I have spent here. The answer is NO and will be a big NO. Bitcoin's popularity is higher than ever and people are trying to get a piece of it whenever there is a dump. Hopefully, we will see a new rise in 2020 and another Bull run for alts.

Just 100? I think it's more.
The sad fact is that some user will always raise this question every time when the Bitcoin price falls. Thede are usualy unexperienced users with little or no knowledge at all about Bitcoin but still it could be very annoying.
I also have to say that I gor a little bit tired of explaining that volatility is normal, that Bitcoin has actually just started, that is the future and that with time it will only be adopted more. So.I guess I will avoid such threads.
I think this is happening because people do not really understand what they have in front of them, bitcoin is probably the biggest development when it comes to money of the last one thousand years, the invention of money is one of the most important reasons for the development of human civilization, it accelerated the rhythm of human lives, can you imagine to have to use barter to try to buy something like people used to do before the invention of money?

Bitcoin is a game changer and anyone that does not see it will believe that there is chance bitcoin will disappear but people like us know better.

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December 29, 2019, 04:33:54 PM
 #507

LOL I've just been gone a month and there are still enough FUD here to feed me for a year. I ain't saying Bitcoin is never gonna end, I mean, who here still uses Friendster? But it ain't gonna get supplanted that fast. We are still seeing some hope of movement at it still is currently one of the most used crypto. Maybe in 10 years but I don't see it suddenly disappearing within 5.
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December 29, 2019, 04:51:55 PM
 #508

That's a nice explanation, but I think beside all the costs which are involved to give Bitcoin a value, the most value is the blockchain technology and since Bitcoin is closely connected to the blockchain platform, the value of bitcoin is proportional to blockchain and since blockchain has so much potential and use, Bitcoin also gets that intrinsic value.
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December 29, 2019, 05:02:11 PM
 #509

please, bitcoin is not over yet, you see right now bitcoin is bleeding,
but i'm sure the green will come back quickly, you don't worry, Smiley

BTC is stable from some time now and trading above 7k only which is a good thing as we are seeing stabilizing and not just rising quickly overnight and then fall in the same speed. So in that way we should be happy and slowly it will rise just any other time which had fallen and rose. Only it is a matter of time and some news before the bull run begin.


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December 30, 2019, 05:07:28 PM
 #510

Bitcoin never ends. Bitcoin has already been on this market for years. Bitcoin now requires a new story. New investors have experienced huge declines. People who have suffered may have withdrawn from the market. It is necessary to awaken the interest of people again.
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December 30, 2019, 07:27:34 PM
Last edit: January 09, 2020, 09:15:53 PM by potatopower
 #511

Bitcoin will never be over

 
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December 31, 2019, 04:53:05 PM
 #512

Bitcoin never ends. Bitcoin has already been on this market for years. Bitcoin now requires a new story. New investors have experienced huge declines. People who have suffered may have withdrawn from the market. It is necessary to awaken the interest of people again.
Bitcoin as you said is never going to end or vanish from the world because people are still obsessed with it and know crypto currencies from its reference. Bitcoin is the father of all coins and it just needs some little up gradation in order to attract the interest of investors again. I am hoping that halving will take place soon and put things on track again. Real bitcoin supporters are still with this mighty coin.

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January 01, 2020, 09:04:32 PM
 #513

Before new scam not started They dont stop OLD scam.

Yes we all Know that crypto and Bitcoin is big scam!!

To buy that scam coin u pay high fees to transfer this scam coin u Might wait hours When its confirmed.

Reason this scam is not stopped coz scammers Don't have new scam!


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January 02, 2020, 02:54:23 AM
 #514

Bitcoin never ends. Bitcoin has already been on this market for years. Bitcoin now requires a new story. New investors have experienced huge declines. People who have suffered may have withdrawn from the market. It is necessary to awaken the interest of people again.
Bitcoin as you said is never going to end or vanish from the world because people are still obsessed with it and know crypto currencies from its reference. Bitcoin is the father of all coins and it just needs some little up gradation in order to attract the interest of investors again. I am hoping that halving will take place soon and put things on track again. Real bitcoin supporters are still with this mighty coin.
more and more countries are considering bitcoin as a means of payment, given that they currently think not to depend on the dollar. but indeed gold is the main choice, but with the presence of bitcoin, at least provide an alternative choice, so I don't think bitcoin will be destroyed


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January 02, 2020, 04:31:40 AM
 #515

Before new scam not started They dont stop OLD scam.

Yes we all Know that crypto and Bitcoin is big scam!!

To buy that scam coin u pay high fees to transfer this scam coin u Might wait hours When its confirmed.

Reason this scam is not stopped coz scammers Don't have new scam!




Your point is not clear for me. Have you seen how many tokens and coins out there are?
You can easily find new scam out there.
But there are 2 main reasons why BTC still here (and probably will be around for a long time in one way or another):
1) Btc is the first cryptocurrency in general
2) and it is the most popular between all digital currencies
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January 02, 2020, 05:54:20 AM
 #516

You can say the bitcoin price is too high or too low. But it is unreasonable in my opinion to say scam for bitcoin. Because look at the technology of bitcoin. What does Bitcoin promise us? An inexpensive encrypted money transfer from one end. I think he does it. Price movements can be manipulation.
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January 02, 2020, 06:41:35 PM
 #517

LOL I've just been gone a month and there are still enough FUD here to feed me for a year. I ain't saying Bitcoin is never gonna end, I mean, who here still uses Friendster? But it ain't gonna get supplanted that fast. We are still seeing some hope of movement at it still is currently one of the most used crypto. Maybe in 10 years but I don't see it suddenly disappearing within 5.
That is just the way in which people deal with the uncertainty in the price of bitcoin, also not everything is FUD, the price is not looking good and it is going down once again and while it is unlikely it will down even further during the next days there are some legitimate reasons to be worried about the long term trajectory of the price of bitcoin.

If you are a long term holder this is not much of a problem but if you are a trader that is only looking to get some quick profits, the market of cryptocurrencies is not giving many opportunities to do something like that.

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Lecam
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January 03, 2020, 12:58:12 AM
 #518

You can say the bitcoin price is too high or too low. But it is unreasonable in my opinion to say scam for bitcoin. Because look at the technology of bitcoin. What does Bitcoin promise us? An inexpensive encrypted money transfer from one end. I think he does it. Price movements can be manipulation.
Bitcoin price is not stable and bitcoin price can goes up and down the price every second so there no one can know when the price is going  to up and down. And bitcoin can manipulate the price also of the holder. Almost are big holder of bitcoin. So we need to be more patient because in one day bitcoin price will boom and no can stop itm
TurboRyzen
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January 03, 2020, 01:15:18 AM
 #519

Bitcoin has been around for ten years. Like the Universe, it's only a small blink compared to it's future. It's far from over.
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January 03, 2020, 04:29:57 AM
 #520

Bitcoin has been around for ten years. Like the Universe, it's only a small blink compared to it's future. It's far from over.
It's far from future, the growth it has provided through the years is the proof for the same. From its day into the universe there were supportive statements as well as people stating bitcoin is over. Little by little days passed and ten years has been crossed marking big changes in the market and the economic structure. It is not gonna over, this is going to progress as adoption keeps counting high.

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