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Author Topic: Is Bitcoin Over?  (Read 27749 times)
Wa Da Fak
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September 29, 2019, 03:33:52 PM
 #321

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

1. Mode of payment
2. through globalization, bitcoin reached people state, as it for the market they can basically gather financial state and grow for development project. They likely use the mind to make it happen i.e china, they made their technology cheaper, for underdeveloped places they may build their bitcoin market..
3. Here at Philippines Dollar markets are helping my country and we called our overseas Filipino welfare  as living hero, they had large impact through their remittances.
* as for bitcoin here in philippines,  bitcoin reached people for investment like business where goods and services are done through negotiation, with that its like a tax where its help the government to manage its local.
4.  Advantages and disadvantages

Advantage
People with lot of money can stored and encrypt it securely without any identification or verification.
Disadvantage
People use it as bypass transaction for illegal

Bitcoin is a open eye for everyone who want to start to decentralized from real world centralized system where our actions are managed by the government
Bitcoin has it own purpose for people to grow

I was agree that "great power comes with great responsibility"

 
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September 29, 2019, 03:49:14 PM
 #322

I believe bitcoin is a sturdy and rigid platform. It's a rigid and concrete platform
that has proven itself numerously and more than expected. It's a working
standard in cryptocurrency, everything coming up and out is modeled from
or even took inspiration and structure from what Bitcoin has manifested
distinctively all throughout from the start. The opportunities it has provided
and still offers is somewhat proficient and promising. Bitcoin is still warming up.
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September 30, 2019, 04:48:01 PM
 #323

Not yet, Bitcoin is the first peer-to-peer digital currency that is super-fast, secure, decentralized and yet acceptable globally. When I say globally I mean from anywhere around the world. Bitcoin is now the king of cryptocurrency world, the market with over $220 billion in capitalization.
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September 30, 2019, 05:07:03 PM
 #324

bitcoin will not end, but bitcoin will still be able to survive and will rise again because the price of bitcoin is fluctuating and will continue to change, so we must be patient and keep thinking positively.

Bitcoin does have an end, all of the cryptocurrencies do, but Bitcoin is too far from being over. These bearish market is overpowering us in order for us to panic and sell our coins in a very cheap price, compare if you are going to hold it for a little bit longer and wait for the bull run again that will help this market to skyrocket again.

 
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October 06, 2019, 04:11:15 AM
 #325

Bitcoin is not over right now, why you can think bitcoin have over, maybe do you see with bitcoin price have drop from above $10k become $8k? I think is not great reason to said bitcoin is over because bitcoin have stronger support with price get back to higher and above $15k at the end of this years, wait and see.
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October 06, 2019, 04:17:19 AM
 #326

Although its looks like people interest in Crypto investments are diminshing but i don't believe that it will going to be the end of Bitcoin because i have witnessed that Bitcoin has been in this difficult market situation so many times before but still its survived. So for me it will not be the end but it will just be an opportunity to buy more cheaper Bitcoin.
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October 06, 2019, 05:56:01 AM
 #327

Although its looks like people interest in Crypto investments are diminshing but i don't believe that it will going to be the end of Bitcoin because i have witnessed that Bitcoin has been in this difficult market situation so many times before but still its survived. So for me it will not be the end but it will just be an opportunity to buy more cheaper Bitcoin.
That is not true. The interest of the people in cryptocurrency investments are not diminishing and in fact it is growing slowly but surely because the blockchain technology and other cryptocurrencies are getting closer and closer to the people who doesn't have an idea about cryptocurrency and because of that, it sparks a curiosity for them to do an effort to learn and get into cryptocurrency.

 
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October 06, 2019, 08:24:28 AM
 #328

bitcoin will not end, but bitcoin will still be able to survive and will rise again because the price of bitcoin is fluctuating and will continue to change, so we must be patient and keep thinking positively.

Bitcoin does have an end, all of the cryptocurrencies do, but Bitcoin is too far from being over. These bearish market is overpowering us in order for us to panic and sell our coins in a very cheap price, compare if you are going to hold it for a little bit longer and wait for the bull run again that will help this market to skyrocket again.
I think it would be impossible for bitcoin to have an end because bitcoin is still trying to increase it's price again up to $20,000 just like last year of 2017. A lot of people do really say that bitcoin has an end, but i think it has a less chance for bitcoin to come to an end because a lot of people still buys bitcoin than any other cryptocurrencies, that is why bitcoin is still increasing it's price.
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October 06, 2019, 10:50:37 AM
 #329

If bitcoin will end, why is there news about bitcoin in the future going to be much better and in the future bitcoin will be accepted in all countries and other good news?
in my opinion, this is a manipulation question that leaves bitcoin users confused, so I still believe bitcoin to continue to grow better and continue to live without end.

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October 06, 2019, 11:50:19 AM
 #330

Bitcoin is not ever any way, I remember when bitcoin price banned in China and price drop lower, after two weeks bitcoin raised up back to higher price and make many investor crazy with bitcoin.
Bitcoin when bear in the market, it give opportunity to many investors to grab with the lower price to invest because there is high possibility that the price goes up as there are many crazy with it and take risk with the potential coin. Though there is bad impact of banning for the country, there are many that benefit with it. It take very long time to end bitcoin, it is too early to make conclusion just because of the situation.

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October 06, 2019, 07:10:05 PM
 #331

bitcoin will not end, but bitcoin will still be able to survive and will rise again because the price of bitcoin is fluctuating and will continue to change, so we must be patient and keep thinking positively.

Bitcoin does have an end, all of the cryptocurrencies do, but Bitcoin is too far from being over. These bearish market is overpowering us in order for us to panic and sell our coins in a very cheap price, compare if you are going to hold it for a little bit longer and wait for the bull run again that will help this market to skyrocket again.
I think it would be impossible for bitcoin to have an end because bitcoin is still trying to increase it's price again up to $20,000 just like last year of 2017. A lot of people do really say that bitcoin has an end, but i think it has a less chance for bitcoin to come to an end because a lot of people still buys bitcoin than any other cryptocurrencies, that is why bitcoin is still increasing it's price.

It's hard to believe but we all do have an end, nothing is permanent in this world except for changes. Bitcoin's existence for the past 10 years made us believe that it could go on forever, I'm afraid not, just like any other cryptocurrency, it will fade and will be burned someday, not now, but someday. I am not discouraging you guys, it may sounds absurd and pure assumption though it is based only on my observation and opinion.

Think about this simple analogy, our technology keeps on evolving every single day because of the discovery of man, someday there will be a coin or whatever that may trounce bitcoin.
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October 08, 2019, 04:11:50 AM
 #332

Although its looks like people interest in Crypto investments are diminshing but i don't believe that it will going to be the end of Bitcoin because i have witnessed that Bitcoin has been in this difficult market situation so many times before but still its survived. So for me it will not be the end but it will just be an opportunity to buy more cheaper Bitcoin.
my opinion is precisely the interest about crypto more and more? in my opinion bitcoin will not die. if you think the current price is the right time to buy, please buy. Bitcoin is one of the coins that still survive and is popular.
Bitcoin is a breakthrough, a phenomenon, and is growing fast. It may have its ups and downs but I don't think that it's nearing its end. Volatility is not a new trend in crypto community, but for years now it proves that it can potentially recover and still has a long way to go.
Bitcoin has a volatile nature which means that its value changes. Now change does not mean only increasing but decreasing too so there are times when not only bitcoin but the whole digital market experiences dips. The duration of pumps and dumps cannot be predicted accurately but the change in value factor cannot be doubted. Like you said, bitcoin is just getting started and there is a lot more to come.

Yes, I agree with what you said, bitcoin's price rate is fluctuating too much, and we can't control the value. In the early years of bitcoin, many ppl also said that is the end of bitcoin because of the controversial and issues that happen. But its already ten years of bitcoin and now many countries/ ppl are now obtaining bitcoin because they believe in bitcoin's capability and ability. There is a lot more to comes, especially that the acceptance of bitcoin is growing very fast. Smiley
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October 08, 2019, 11:43:52 AM
 #333

Although its looks like people interest in Crypto investments are diminshing but i don't believe that it will going to be the end of Bitcoin because i have witnessed that Bitcoin has been in this difficult market situation so many times before but still its survived. So for me it will not be the end but it will just be an opportunity to buy more cheaper Bitcoin.
my opinion is precisely the interest about crypto more and more? in my opinion bitcoin will not die. if you think the current price is the right time to buy, please buy. Bitcoin is one of the coins that still survive and is popular.
Bitcoin is a breakthrough, a phenomenon, and is growing fast. It may have its ups and downs but I don't think that it's nearing its end. Volatility is not a new trend in crypto community, but for years now it proves that it can potentially recover and still has a long way to go.
Bitcoin has a volatile nature which means that its value changes. Now change does not mean only increasing but decreasing too so there are times when not only bitcoin but the whole digital market experiences dips. The duration of pumps and dumps cannot be predicted accurately but the change in value factor cannot be doubted. Like you said, bitcoin is just getting started and there is a lot more to come.

Yes, I agree with what you said, bitcoin's price rate is fluctuating too much, and we can't control the value. In the early years of bitcoin, many ppl also said that is the end of bitcoin because of the controversial and issues that happen. But its already ten years of bitcoin and now many countries/ ppl are now obtaining bitcoin because they believe in bitcoin's capability and ability. There is a lot more to comes, especially that the acceptance of bitcoin is growing very fast. Smiley
Yes it may fluctuate oftenly, but it doesn't mean that bitcoin is over. Bitcoin price is unstable we all know that, the market price depends in the traders, if traders will continue to believe in every fud they are reading they always sell their coins in cheaper price thats why bitcoim price goes down.

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October 08, 2019, 03:27:07 PM
 #334


Yes it may fluctuate oftenly, but it doesn't mean that bitcoin is over. Bitcoin price is unstable we all know that, the market price depends in the traders, if traders will continue to believe in every fud they are reading they always sell their coins in cheaper price thats why bitcoim price goes down.
Yeah, I don't understand how one can think bitcoin to be over where it is still valued above 8k$. Bitcoin is a volatile currency so fluctuations in its value are a normal thing and that's the only feature that enables many to earn more from it. So, there's no point in questioning up its existence when the prices get down...

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October 08, 2019, 10:03:24 PM
 #335


Yes it may fluctuate oftenly, but it doesn't mean that bitcoin is over. Bitcoin price is unstable we all know that, the market price depends in the traders, if traders will continue to believe in every fud they are reading they always sell their coins in cheaper price thats why bitcoim price goes down.
Yeah, I don't understand how one can think bitcoin to be over where it is still valued above 8k$. Bitcoin is a volatile currency so fluctuations in its value are a normal thing and that's the only feature that enables many to earn more from it. So, there's no point in questioning up its existence when the prices get down...
Some will never believe in bitcoin regardless of its price, there was a time in which bitcoin was incredibly cheap and many thought bitcoin will never be worth more than a few dollars and after reaching and ATH of 19k people are still denying its usefulness, it is obvious that bitcoin is very useful if that was not the case investors will not be wiling to pay 8k for each coin, but since you will never convince those people it is better to forget about them and enjoy your profits.
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October 11, 2019, 12:44:31 PM
 #336


Yes it may fluctuate oftenly, but it doesn't mean that bitcoin is over. Bitcoin price is unstable we all know that, the market price depends in the traders, if traders will continue to believe in every fud they are reading they always sell their coins in cheaper price thats why bitcoim price goes down.
Yeah, I don't understand how one can think bitcoin to be over where it is still valued above 8k$. Bitcoin is a volatile currency so fluctuations in its value are a normal thing and that's the only feature that enables many to earn more from it. So, there's no point in questioning up its existence when the prices get down...
Even before this dump, there were many situations where certain group of people was putting question marks regarding the existence of bitcoin and bitcoin gave them answer simply by building new records of profits in any market ever. So keeping all history in mind, this is hilarious to doubt the existence of mighty coin.

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October 12, 2019, 06:08:21 PM
 #337


Yes it may fluctuate oftenly, but it doesn't mean that bitcoin is over. Bitcoin price is unstable we all know that, the market price depends in the traders, if traders will continue to believe in every fud they are reading they always sell their coins in cheaper price thats why bitcoim price goes down.
Yeah, I don't understand how one can think bitcoin to be over where it is still valued above 8k$. Bitcoin is a volatile currency so fluctuations in its value are a normal thing and that's the only feature that enables many to earn more from it. So, there's no point in questioning up its existence when the prices get down...
Even before this dump, there were many situations where certain group of people was putting question marks regarding the existence of bitcoin and bitcoin gave them answer simply by building new records of profits in any market ever. So keeping all history in mind, this is hilarious to doubt the existence of mighty coin.
Bitcoin is among the ancestors of crypto currencies and it has been through many ups and downs but still survived. There are so many currencies that were introduced after bitcoin in the market and were presented as more powerful and promising than bitcoin. But they even could not bear hardship in market and many of them just vanished away. In short, bitcoin is never going to disappear.

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October 12, 2019, 06:38:55 PM
 #338

Bitcoin still exist and not ever, how bitcoin price at the first time publish and how increase of bitcoin right now, how come you brave to said bitcoin is over? bitcoin still become stable coin and have adoption for many country and companies become legal payment with easy service and faster transaction.
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October 12, 2019, 11:25:35 PM
Last edit: October 13, 2019, 10:30:16 AM by Magkirap
 #339

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

Actually I dont think that bitcoin is over, it is volatile, everything is normal. There are times that its price is lower compared to othet day, this was the time where bitcoin has lower demand or there are only few trading of bitcoin. On the other hand, There are timed that its demand is high and so its price. Today the price of bitcoin was on its half price compared to its price last december.



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October 13, 2019, 06:58:02 AM
 #340

It's lame thinking towards Bitcoin. If you want to discuss the value of Bitcoin then you have to consider that Bitcoin is not centrally controlled and regulated by any platform, so Value always ups and downs and the price will be unstable, it's not a negative thing regarding this issue but the huge volatility is a concerning issue. Obviously, it's not a good thing, but it's the basic nature of this platform, if you say about the underdeveloped countries people then I must a large number of people in this platform from many underdeveloped countries, I am sure these people are getting helped by doing work in this platform and it will also be useful to their country also. not only that but also in this way many developed countries are getting benefitted from their people. so Bitcoin is not going anywhere, it will dominate in the future.

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