Is Bitcoin Over?

[cotton ball]

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.

Bitcoin is not over and revolution for every year, first time open to public maybe bitcoin only for investment assets with higher or lower price but today you can use bitcoin as your currency digital payment, if you online store you can use bitcoin as your payment with easy transaction and transparent for sending or receiving money, bitcoin is not over although price down many people want to adopt bitcoin as currency payment digital for the future.

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[agentx44]

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

Amidst all of that things being concluded and said, we cannot still remove the fact that bitcoin is still proving all of them wrong. They cannot still consider it as a fact that bitcoin is already over because bitcoin's value is recovering and also the use of bitcoin is already dessiminating all over the world. There are already some local markets in some countries that uses bitcoin and other altcoins as a mean of payment. If it would continue to occur, bitcoin, someday soon will be used all over the world and have higher value proving everyone that it is not yet over and will never be.

[doomloop]

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.

With the passing time, more and more people because of internet and globalization of the world are going to know about bitcoin sooner or later. The way it increases in values in short times and has generated millions of dollars as profit. New generations will be highly influenced by this currency because everything is going to be smart.

[meliodas]

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.

With the passing time, more and more people because of internet and globalization of the world are going to know about bitcoin sooner or later. The way it increases in values in short times and has generated millions of dollars as profit. New generations will be highly influenced by this currency because everything is going to be smart.

New generation and the internet will become the game changer for the cryptocurrency. Newer generation are now technology educated and they are natural when it comes to the technology and it will give the cryptocurrency to thrive because the newer generation will become the new creators and innovators and they will surely implement the blockchain technology which will revolutionize the world.

[BennyK]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

[Serco]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

bitcoin in future will be alternative nd solution for financial problem that  could not solved by the banks.when bitcoin developted and has many feature as digital currency , more people will interested and invest some of money in bitcoin and demand will growth massively.bitcoin future will be brighter than before.

[meliodas]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

bitcoin in future will be alternative nd solution for financial problem that  could not solved by the banks.when bitcoin developted and has many feature as digital currency , more people will interested and invest some of money in bitcoin and demand will growth massively.bitcoin future will be brighter than before.

Bitcoin is way better than the banks because the banks are just scamming people by using the people's money to create more money for them and only give a few percentage of their profit to its customers. Bitcoin will surely take over the world and to be specific, the financial industry because once people get educated then it will be the end for the banks.

[tambok]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

bitcoin in future will be alternative nd solution for financial problem that  could not solved by the banks.when bitcoin developted and has many feature as digital currency , more people will interested and invest some of money in bitcoin and demand will growth massively.bitcoin future will be brighter than before.

Bitcoin is way better than the banks because the banks are just scamming people by using the people's money to create more money for them and only give a few percentage of their profit to its customers. Bitcoin will surely take over the world and to be specific, the financial industry because once people get educated then it will be the end for the banks.

Same thought, banks are also scammers, imagine, they are using your money to lend to different people/corporation at high interest rate, but they are just giving you very low interest rate for depositing your money to their bank, so I don't trust much bank, I don't invest much, I would rather invest in crypto than to bank.

[ReiMomo]

For now, I don't think it's over. There are still more investors coming in since the price of bitcoin drop down for now so they assume that when the price increases again they might be able to earn those such profits and get profited as what they had invested.
Nope, Bitcoin is not dead and it wasn't. Everyone now waiting for the next halving come and accumulating was there and start hoarding Bitcoin on their portfolio. Remember this that Bitcoin will not drop too much, believed it.

[Pearls Before Swine]

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 suppose making mining illegal could shut it down, but it would have to be a global movement on the part of all the gov'ts, else the miners would just move to countries where it remains legal.  Laws could be enacted to prohibit bitcoin use, but I don't think that would do the trick entirely.  Bitcoin isn't like a corporation that can be shut down.

I've noticed that the mood on the forum is very bearish lately, and I think a lot of that has to do with old threads being bumped, because many of them express bearish opinions like this one.  Well the title does, anyway.

This whole 'intrinsic value' argument for bitcoin doesn't hold water in my eyes, because any value it derives is from what people place on it and not because there's anything inherently valuable to bitcoin as there is with gold and silver.  Metals at the very least have a use as coinage and jewelry.  Not so much with bitcoin.

[Darooghe]

I don't think Satoshi dream of decentralization is dying. It was an utopia from the start. The question is more, do you stick to the idea, the philosophy of Bitcoin or do you support the mass adoption? In the first you will end up in a minority, but you can clap yourself on the shoulder, being the renegade who fights for total decentralization. In the second you have to accept the fact that the original idea was good, but is not adoptable to the real world in a global size and it needs to be adjusted to our society to make it work.

The problem is that right now this amazing technology is basically useless. No major retailer accepts it, Stripe removed support, buying is easy yet selling sometimes isn't, tx fees can be harsh, plastic cards were closed, there were quite a few scams and value is highly volatile. Someday, once the ecosystem is settled and value isnt as volatile it will be amazing, but right now it’s mainly a toy for the few that want to make it better and the many that want to earn a quick buck.

[Tungsten-1]

For now, I don't think it's over. There are still more investors coming in since the price of bitcoin drop down for now so they assume that when the price increases again they might be able to earn those such profits and get profited as what they had invested.
Nope, Bitcoin is not dead and it wasn't. Everyone now waiting for the next halving come and accumulating was there and start hoarding Bitcoin on their portfolio. Remember this that Bitcoin will not drop too much, believed it.

Obviously how can people say that Bitcoin is over, low price or dump does not mean that Bitcoin is going to die, as many investors in these days has invested a lot of their money it is because they knows that Bitcoin in future is going to pump, so in these days Bitcoin has attracted many investors towards itself and low price is the opportunity for many people.

[Xxmodded]

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 not over until several year later, I trust with bitcoin become very good investment for the future with higher price. When bitcoin down we can invest again and sell after bitcoin up, not have to worried when some time bitcoin at lower price because give us chance to get much money with re investing and use other way how to get profit with bitcoin and altcoin investment.

[Ejanend]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

This would be the joke of the year if we think about bitcoin as some currency that is going to vanish in the near future just like most of the scam projects of altcoins. Bitcoin is the currency that introduced the concept of digital currencies in the world and has generated exotic revenue in no time. It will be more supported in the near future.

[tambok]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

This would be the joke of the year if we think about bitcoin as some currency that is going to vanish in the near future just like most of the scam projects of altcoins. Bitcoin is the currency that introduced the concept of digital currencies in the world and has generated exotic revenue in no time. It will be more supported in the near future.

Yeah, it's really a big joke especially if you believe in yourself that Bitcoin will be gone and will die this year, common, we are just starting and we all know that adoption is still on going, and we are actually becoming more popular day by day and people are starting to adopt this, as well as some countries, so it's really a big joke.

[bohr]

Bitcoin is way better than the banks because the banks are just scamming people by using the people's money to create more money for them and only give a few percentage of their profit to its customers. Bitcoin will surely take over the world and to be specific, the financial industry because once people get educated then it will be the end for the banks.

I would like this to be true but I do not know if it will really happen, bitcoin has survived for so long because the people that are using it are still inspired by the principles and the goals of bitcoin and its creator but once it becomes more popular I'm sure that the majority of the users of bitcoin are not going to care about those principles and goals and that is when banks will have an opportunity to try to take over by manipulating people and making them think that they are necessary.

[supercanada1]

Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.

I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is  that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now.

This would be the joke of the year if we think about bitcoin as some currency that is going to vanish in the near future just like most of the scam projects of altcoins. Bitcoin is the currency that introduced the concept of digital currencies in the world and has generated exotic revenue in no time. It will be more supported in the near future.

Maybe the one said bitcoin going to vanish are those people are not interested on crypto. As we earning in crypto we believe bitcoin its not gonna be easy to vanish. And yes that was a joke if they think bitcoin will gone in a future but they are all wrong crypto are almost being popular in a whole world and many people using or doing crypto. For me the one who vanish are those altcoins that will become a shitcoins and no value in a whole time.

Of-course only shit coins are losing their value with the passage of time because they do not have enough investors to maintain their but look at the investors of Bitcoin, they are more than half of the world, everyone want to invest in Bitcoin to get profit, so I think Bitcoin will not be Over, and you rare right that the one who is thinking like that do not know anything about Bitcoin.

[Duzter]

For people who doesn't have knowledge about bitcoin as well as doesn't believe on the existence of digital currencies it is over forever. Bitcoin and other cryptocurrencies were completely for the people who believe in technology and want to be a part of the community. Right now it is not much used by people same as fiat. In future the scenario will change, and by that time one who didn't believed will start using it.

[Serco]

For people who doesn't have knowledge about bitcoin as well as doesn't believe on the existence of digital currencies it is over forever. Bitcoin and other cryptocurrencies were completely for the people who believe in technology and want to be a part of the community. Right now it is not much used by people same as fiat. In future the scenario will change, and by that time one who didn't believed will start using it.

people who said like this just new participants in cryptocurrency market.they just speculate about bitcoin price . Speculating in market be their purpose.they dont care about techology or any developtment progrees in crypto market.if bitcoin legalize by goverment , mass adoption will happen and crypto future will be better again.

[Faxmate]

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 not over until several year later, I trust with bitcoin become very good investment for the future with higher price. When bitcoin down we can invest again and sell after bitcoin up, not have to worried when some time bitcoin at lower price because give us chance to get much money with re investing and use other way how to get profit with bitcoin and altcoin investment.

Bitcoin is not over and it never will. Why do people think that bitcoin will leave us in future when future belongs to technology. In a world here every thing will become digital, it will be the king of currencies. It is still in its childhood and has produced millionaires in this world. Fluctuating with time is indeed a good feature as it gives investors to gain benefit by selling and buying at right times.