Is Bitcoin Over?

[hahay]

Even though prices continue to fall but that doesn't mean that bitcoin will over easily, crypto continues to grow in many sectors and crypto has become an income for most people, which means that crypto has had a positive impact on many people financially. I personally remain confident if bitcoin is still growing and more investors are coming in even though the crypto market looks sluggish, but maybe it is planning for a big increase that will occur in the future.

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[Kakmakr]

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

I think the intrinsic value are derived from the total value of the network of users and merchants supporting it. They feed the demand side of Bitcoin that are one of the factors that are used to determine it's price. People are saying that Bitcoin has no intrinsic value, but I disagree strongly with them.

If Bitcoin had zero intrinsic or fundamental value, then nobody would invest any fiat into it. Stocks and paper money also have intrinsic value, because it too has a network of people using and investing in it.   

[Lambolife]

I like the start of the video but there are some good critics that go against the others that say its a scam. I mean I understand why you would put the "bitcoin is a scam" people there because they are literally idiots and so old that they do not want bitcoin to succeed because if bitcoin and crypto succeeds that means the end of their time. However, "is bitcoin dying" and news outlets that shows "bitcoin sinks under $4k!" is actually true journalism.

Bitcoin did went under $4k (I think its under right now too) and considering they are just giving information objectively sometimes, thats a true statement, from $20k to $4k is a crash and is it dying is a valid question. Are they doing it in a bad manner to make it look even worse? We don't really know but a video where people that say bitcoin crashed and bitcoin is a scam are two veeeery different stuff.

Their premise is that because it is a scam it will collapse eventually.

But Ive seen pyramid schemes rise and fall and once they do fall, they never come back up. Bitcoin has crashed/corrected many times and rose each time. People should consider that simple fact alone.

[Lalafell]

Impossible bitcoin could be over because many investor keep trust with bitcoin, keep holding and waiting with bitcoin growing up to higher price, maybe bitcoin could be over when all country have banned bitcoin.

Why some people keeping talking about bitcoin is over and we all know that if there are people who keep on investing and buying it stay alive and it will never end in over. Even there are country that banned in bitcoin it never become hindrance in bitcoin so in the end bitcoin will stay alive no matter what will happen.

[Lambolife]

I am tired of these new people who joined cryptocurrency recently asking if Bitcoin is over or has the bubble popped?

If we compare cryptocurrency with stocks, then yes the bubble has been popped and bitcoin is over after losing 800 billion $ (total marketcap) in just 1 year.

But wait this IS NOT stocks, total marketcap is still at 100 billion $ this means that cryptocurrency is not over yet. Yes, this was the worst bearmarket ever but just relax and try to buy the bottoms.

Do you think we've hit bottom? Personally I don't.

[usorin]

There is no such thing as the end of Bitcoin becasue many people belive in it and the investment volumes in this cryptocoin are more then high. It is just a question of time till everything comes back to normal.

[mersal]

There is no such thing as the end of Bitcoin becasue many people belive in it and the investment volumes in this cryptocoin are more then high. It is just a question of time till everything comes back to normal.

I think Bitcoin will not over because we are using Bitcoin then while I'm talking so this means can will stay for long period of time so don't confuse yourself with the other people opinion do what you are doing it will be the way of convey yourself as to the next level that's all.

[Lambolife]

Control created the inequality we are having today in fiat system  many countries are underdeveloped today because of control by the developed countries over they financial system.  If the Third World countries desiring to break that holds then they must embrace blockchain technology and bitcoin.

That's actually an interesting point. Can you elaborate how you came up with that conclusion? Do you really think control from developed countries is what prevents underdeveloped countries from being developed? I'm actually from a third-world country..Philippines.

[Ranly123]

To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8

I don't agree that Bitcoin will be over because of the reasons you have mentioned. Yes it has dropped in price but it does not mean it would go to extinction. It has already happened before considering the volatility of it and we should have expected it to happen again.

[goaldigger]

Bitcoin is not over. The one who is over is the people which doesnt have enough patience to survive the market. After the dump, a lot of people withdraw their crypto account doubting bitcoins sleeping potential. They just want to be there in the moon but not in the doom. This is also the reason why the price are hard to get up.

[Oceat]

Bitcoin is not over. The one who is over is the people which doesnt have enough patience to survive the market. After the dump, a lot of people withdraw their crypto account doubting bitcoins sleeping potential. They just want to be there in the moon but not in the doom. This is also the reason why the price are hard to get up.

I don't know if people are being wiser or just dumb to think that Bitcoin would actually going to die as if it wouldn't get back after such huge dips last year. Well, we can't blame those people because i think they clearly see the huge manipulation in the market in they wouldn't want to lose on that game. It is better to just wait and see what would be the future for Bitcoin.

[samcrypto]

Bitcoin is not over. The one who is over is the people which doesnt have enough patience to survive the market. After the dump, a lot of people withdraw their crypto account doubting bitcoins sleeping potential. They just want to be there in the moon but not in the doom. This is also the reason why the price are hard to get up.

People only wants to take profit and not ready for losing, this is too greedy for me because they don’t even prepared for that and they think easy money is really in this market. Bitcoin its not over because we can still see pump and dump before its finally go back to the top, and while we are still on the bottom part of bitcoin its good if you buy more.

[Farahtenan]

Bitcoin has not ended, but just a lot of big investors are sleeping and waiting for crypto's turmoil to rise. Patience that will bring us good fortune, the ups and downs of the market are always in the spotlight and this makes us more wise in trading.

[Ridwan Fauzi]

Impossible bitcoin could be over because many investor keep trust with bitcoin, keep holding and waiting with bitcoin growing up to higher price, maybe bitcoin could be over when all country have banned bitcoin.

Why some people keeping talking about bitcoin is over and we all know that if there are people who keep on investing and buying it stay alive and it will never end in over. Even there are country that banned in bitcoin it never become hindrance in bitcoin so in the end bitcoin will stay alive no matter what will happen.

It's pretty simple for some people who said bitcoin will die or bitcoin is over because they have suffered a loss, so as they spread the FUD to incite every investor, especially new investors. They are not willing if someone keeps investing and making a profit. I guess the whole country won't make bitcoin die even though they simultaneously ban bitcoin. This is a ridiculous thing, bitcoin can use even though all countries ban it, bitcoin will die when the internet dies.

[entebah]

Bitcoin has not ended, but just a lot of big investors are sleeping and waiting for crypto's turmoil to rise. Patience that will bring us good fortune, the ups and downs of the market are always in the spotlight and this makes us more wise in trading.

Yes, I agree, now only patience has to be done, because the market is in turmoil, so we cannot enjoy the benefits as usual, but believe that Bitcoin never dies, this has been tested several times, but prices always soar after this decline.

[Lambolife]

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

I think the intrinsic value are derived from the total value of the network of users and merchants supporting it. They feed the demand side of Bitcoin that are one of the factors that are used to determine it's price. People are saying that Bitcoin has no intrinsic value, but I disagree strongly with them.

If Bitcoin had zero intrinsic or fundamental value, then nobody would invest any fiat into it. Stocks and paper money also have intrinsic value, because it too has a network of people using and investing in it.   

So we agree? But let me try a different approach and see if it still stands. Back when Bitconnect was popular many new blood invested in it. Did that give it intrinsic value at that time? But when it crashed it all went to nothing. If the value is intrinsic and if "intrinsic value is only in the mind of the beholder" then Bitcoin can lose its intrinsic value because people change their mind all the time.

I think it's not enough to be investors trading these assets to give them value, I think they have to become users--users who are dependent on the platforms existence and use it for real world transactions.

[Twinscoin2017]

Bitcoin has not ended, but just a lot of big investors are sleeping and waiting for crypto's turmoil to rise. Patience that will bring us good fortune, the ups and downs of the market are always in the spotlight and this makes us more wise in trading.

Yes, I agree, now only patience has to be done, because the market is in turmoil, so we cannot enjoy the benefits as usual, but believe that Bitcoin never dies, this has been tested several times, but prices always soar after this decline.

Bitcoin will not going to end. I believe that the falling and rising of the price is a normal thing in crypto, because this crypto market will not depend on the government. So then I believe that even if the bitcoin will experience a massive dropping of the price it will really bounce back like in the past year's.

[jademaxsuy]

There could be some possibilities that bitcoin will going to end as it already almost reaching to ending period. If you will going to take considerations on the market price for bitcoin, it does only going down. The down trend says it all. There could be more bounce back but it will still relatively going down and eventually to end.

[fianaindriati]

Bitcoin has not ended, but just a lot of big investors are sleeping and waiting for crypto's turmoil to rise. Patience that will bring us good fortune, the ups and downs of the market are always in the spotlight and this makes us more wise in trading.

maybe this is a temporary thing, and we certainly have to be patient with the conditions that are currently happening. later when we can get past this problem it certainly ends happily.

[tenakha]

To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8

My argument will be about usability scale of cryptocurrency especially BTC. Society needs more convient,stable,innovative ways to pass traditional method in order to filter disadvantages of current system. Crypto influencers prefer to spread word about development. Underdeveloped  countries should take their lesson from opponents about industries that leads them to technological revolution.