Is Bitcoin Over?

[doomistake]

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.

There are people who have a very weak mindset to think that bitcoin is "over" because of its huge price fluctuations whenever we are in the bearish market, and "normal" people automatically concluded a funny conclusion like this. What I'm going to say is based on my own observation and opinion, I think since bitcoin is going so far from its dull start that people think it don't have a future (but look bitcoin now), more bigger problems and huge walls will try to stop bitcoin on its journey.

The good thing is, bitcoin is giving them a good fight and smacking them in the face that "you can't stop me" because that's what bitcoin was made for, to strive for more and reach its goals.

[fiulpro]

What about the governments putting up a fund to support Bitcoins and other cryptocurrencies ? What about the developments that we are seeing right now in this department.
Censorship ?
Well people have tried doing that but I am really not sure if you remember how that worked out for them .
Also I don't think how censorship could harm Bitcoins , it could be a good thing because we already know that the creator is amazing , he never came up to gain some profits and such.

[ReiMomo]

I don't think it's over but I do believe that if it will continue to drop dowm maybe it's for it to recover its high value. Many people are now losing a lot of money due to bitcoin price drop down and still not increasing so this will continue many investors will be lost their interest in it.
As long as bitcoin will not hit to zero value this is not considered it is over. Besides, let's prefer the bull run happen soon.

[strunberg]

If we see bitcoin price drop we could not called as over bitcoin moment.price didn't represent the bitcoin existance.many thing that we could take a look about bitcoin future.as we know bakkt trading already launched.and it attract many investors to invest in crypto market.personally ,dont judge from only one side .the result will  not valid and accurate

[asus09]

Bitcoin still have value and not over with how many time bitcoin banned in many country and reject by SEC because bitcoin have higher value, many investor still like with bitcoin and invest their money with bitcoin to get much profit and keep hold when bitcoin lower price. Investor take moment with bitcoin lower to re stock and buy back of bitcoin for waiting price higher at the future and have good price for selling to get much profit.

[reality18]

There is nothing like game over for Bitcoin. Bitcoin has the largest market dominance and this tells how strong and supportive the Bitcoin community is. In fact, Bitcoin will be the last cryptocurrency to fade out from the system if crypto is to go into oblivion, which will not happen anyway. Bitcoin is the future and it is time to buy more.

[nasipadang]

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

Bitcoin is made to solve financial problems which are more complicated by traditional transactions and banks. You know that there are many financial problems, ranging from centralized, cost, distrust, complicated and others. How you see about decentralization might be different from what I see or even others see. If you are looking for a goal/purpose then it might be divided into sub-goals because from the beginning there were a lot of financial problems, that's why I disagree with the over, end or endgoal you're talking about.

[EdvinZ]

When someone says that Bitcoin is over, then he sold his coins, afraid of falling prices and looking for an excuse for his act on the forum. Bitcoin can't just take and not become popular with such an incredibly cool blockchain technology, which is widely implemented around the world. If the market is panic and someone sells, that means someone believes in the success of the coin and buys Bitcoins for a long-term period and faith in the imminent success of the project.

[k@suy]

There is nothing like game over for Bitcoin. Bitcoin has the largest market dominance and this tells how strong and supportive the Bitcoin community is. In fact, Bitcoin will be the last cryptocurrency to fade out from the system if crypto is to go into oblivion, which will not happen anyway. Bitcoin is the future and it is time to buy more.

Having some dip in bitcoin always makes people alarmed and emotional. We need to stay calm and focus because if we continue with this trait market will will fall up easily, with this scenario we may think that this time is more better to buy some bitcoin rather than selling it ,emotion would be a great factor.

[Jocuserious]

Actually more people getting emotional when bitcoin price goes to down in my opinion 90% of new members but we can focus old member there not attached confused about Bitcoin. I can stay said that bitcoin not over yet and it will never end because bitcoin is the larger investors cap and it's take control 90% of crypto market.

[dentolas]

I think that what makes BTC different from every other currency is the fact that it is decentralised and thus escapes the control of the system. At this point the network is still small and even so, it is already impossible to shutdown...
Up until now, currencies were always controled by a group and USD or EURO are not different... BTC is still controlled by whales as they hold a good part of the available BTC, but with the constant network growth and another incoming bull run, it will get more distributed and thus, more uncontrollable

[doomloop]

I don't think it's over but I do believe that if it will continue to drop dowm maybe it's for it to recover its high value. Many people are now losing a lot of money due to bitcoin price drop down and still not increasing so this will continue many investors will be lost their interest in it.
As long as bitcoin will not hit to zero value this is not considered it is over. Besides, let's prefer the bull run happen soon.

Bitcoin is just like a lion of the jungle. Even when it is not having any prey or is injured, still other animals fear it because in no time lion can come back to its real strength. Same is the case of bitcoin. Though right now it is having some tough time and new investors or you can say newbies are losing interest in it but old investors know its value and are still holding onto it.

[ongkok87]

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.

People might say the end is usually driven by the price condition that has indeed declined, and I myself don't quite agree if price reduction is a reason to say the end of cryptocurrency. even though it was clear that the price reduction in bitcoin was a natural thing. of concern should be the increase in the number of users and also the current developments

[AicecreaME]

When someone says that Bitcoin is over, then he sold his coins, afraid of falling prices and looking for an excuse for his act on the forum. Bitcoin can't just take and not become popular with such an incredibly cool blockchain technology, which is widely implemented around the world. If the market is panic and someone sells, that means someone believes in the success of the coin and buys Bitcoins for a long-term period and faith in the imminent success of the project.

Indeed, he is also looking for someone that will listen to him and will sell their bitcoins because of being scared to his invented story regarding about the sudden price drop of bitcoin. They are finding companions where they will share each other's regrets of being a scaredy cat selling their bitcoin's in the bearish market. We have to appreciate the market if it is bearish or bullish, in order to put negative vibes down to prevent ourselves making foolish decisions in our lives.

[TrevorS]

I don't agree.

There are many other attempts to create a cryptocurrency before, but all of them failed. Do you know why? Because they were centralized. Bitcoin was the first truly decentralized.

As it is decentralized, it cannot be shut down. A powerful government cannot shut down bitcoin now.

Proof of Work algorithm protects the network, as it is required the energy of a small country to 51% the bitcoin network.

There is no place where you can nuke with missiles and destroy bitcoin database. You can sure track some important actors and neutralize them, but it would not kill bitcoin.

Decentralization is what made bitcoin possible.

IMO, censorship resistance and lack of central authority are endgoals of a world currency, not a mean to an end.
The goal is the decentralization and the lack of central authority. This is why  bitcoin was created.

Yes!
We can say that Bitcoin revolutionized the cryptocurrency industry, then it was the first cryptocurrency that was completely decentralized, a currency that cannot be blocked or disabled, transactions of which cannot be canceled or refunded. Bitcoin has become something new, something that breaks the familiar patterns of understanding currencies. Largely because of this, he has such success.

[STT]

Bitcoin can be shut down I think but to do so would cause more harm to those trying to do it then any benefit they would receive individually.  I think this is a problem commonly examined and contrasted across many blockchains and BTC does come out ahead in terms of security from cost of attack.
   However I would also consider the attack which has no concern for cost, we could get a great solar storm from the sun which could knock out many electronics and would severely effect the blockchain network.  I dont know if it would stop it or just cause a problem until difficulty could be adjusted and it would survive anyway, its debatable but obviously the whole planet would have a problem at this point.
   I dont think BTC is invulnerable to attack just there is little point, if BTC fails its from within via bad market dynamics, maybe failed transaction capability or the fees problem or its possible somehow the protocol does not stand up though thats not a known possible right now.

[wxxyrqa]

Of course, the reputation of Bitcoin was very much affected by a significant decrease in bitcoin capitalization.  But we all know what causes such problems.  I believe that if the scaling of Bitcoin, including transaction costs, changes, it will improve the investment climate for investors.  Several times there has been news in the media that large companies are interested in Bitcoin transactions, but it is precisely the possible shortage of transactions that scares them from real cooperation with Bitcoin.

[Best Dreams]

I don't agree.

There are many other attempts to create a cryptocurrency before, but all of them failed. Do you know why? Because they were centralized. Bitcoin was the first truly decentralized.

As it is decentralized, it cannot be shut down. A powerful government cannot shut down bitcoin now.

Proof of Work algorithm protects the network, as it is required the energy of a small country to 51% the bitcoin network.

There is no place where you can nuke with missiles and destroy bitcoin database. You can sure track some important actors and neutralize them, but it would not kill bitcoin.

Decentralization is what made bitcoin possible.

IMO, censorship resistance and lack of central authority are endgoals of a world currency, not a mean to an end.
The goal is the decentralization and the lack of central authority. This is why  bitcoin was created.

Yes!
We can say that Bitcoin revolutionized the cryptocurrency industry, then it was the first cryptocurrency that was completely decentralized, a currency that cannot be blocked or disabled, transactions of which cannot be canceled or refunded. Bitcoin has become something new, something that breaks the familiar patterns of understanding currencies. Largely because of this, he has such success.

Yeah no doubt in all crypto bitcoin has good name and son many times people said bitcoin is over and all this but it’s not going to happen because bitcoin is not only a coin now but it’s a web and all around the world people use this so I think bitcoin will be more stronger than this with time now more people recognize it.

[Tungsten-1]

Of course, the reputation of Bitcoin was very much affected by a significant decrease in bitcoin capitalization.  But we all know what causes such problems.  I believe that if the scaling of Bitcoin, including transaction costs, changes, it will improve the investment climate for investors.  Several times there has been news in the media that large companies are interested in Bitcoin transactions, but it is precisely the possible shortage of transactions that scares them from real cooperation with Bitcoin.

Bitcoin is a decentralized currency and major companies around the world show interest in joining hands with this currency so that they can have good control over their money. But as you have mentioned, they are simply scared of these high transaction fees and other prominent issues related to transactions. If these get resolved, bitcoin will be again in high demand.

[syamster]

Of course, the reputation of Bitcoin was very much affected by a significant decrease in bitcoin capitalization.  But we all know what causes such problems.  I believe that if the scaling of Bitcoin, including transaction costs, changes, it will improve the investment climate for investors.  Several times there has been news in the media that large companies are interested in Bitcoin transactions, but it is precisely the possible shortage of transactions that scares them from real cooperation with Bitcoin.

Bitcoin is a decentralized currency and major companies around the world show interest in joining hands with this currency so that they can have good control over their money. But as you have mentioned, they are simply scared of these high transaction fees and other prominent issues related to transactions. If these get resolved, bitcoin will be again in high demand.

Being a decentralized currency, bitcoin is always the first choice of many largest industries in the world, they have invested the greater part of their income and due to which they feel free about their income and profit, along this with increase in popularity of bitcoin many other online market has started accepting it which is a plus point for the value of bitcoin.
As talking about some issues (as you mentioned) which are related with transaction, i think these issues seems very minor for those investors that's why they are interested in bitcoin and bitcoin is still in high demand.