Is Bitcoin Doomed ?

[ethereumhunter]

Bitcoin is still not dead (c) Pomp
I believe that everything will recover in the future. Keep halving in mind

Yes, bitcoin is not dead yet. Many people still believe that bitcoin will recover in the future, and they are trying to make more and more bitcoin from now on so they will be ready if the price increase later. That is what we need to do right now than to listen to other people who don't like about bitcoin because they don't want to make money from bitcoin. Those people will regret if they know that bitcoin price can increase so high because they miss the chance to earn bitcoin.

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[adzino]

Lol, funny how people starts screaming bitcoin is doomed or its dead just because they see the price falling really bad. Those who have seen the price fluctuation and the volatility of bitcoin, they know the real deal. They know that it happens unexpectedly and there is nothing to panic about.
Again, it is those same group of people that starts to praise how awesome bitcoin is once the price starts to recover and go higher. Totally hilarious.
Tried watching that video you made. Had to close halfway. Was kinda bland and slow. Try to make your videos more interesting and jolly (not trying to demotivate you or anything )

[HardFacts]

Has the Corona virus doomed Bitcoin ?

No, the ECONOMIC CRISIS has doomed BitCoin....   BitCoin grew up in an economic BUBBLE, the days of everything going up are OVER.   The narrative of BitCoin as " Digital Gold " and a safe haven asset is now proven as false.

REALITY:  More people are selling BitCoin than buying, hence the price drop.

Hard Facts

[FlightyPouch]

Bitcoin is still not dead (c) Pomp
I believe that everything will recover in the future. Keep halving in mind

Who said it that bitcoin is dead? The price of it just dropped and that doesn't mean that it is the death of it. Bitcoin will always recover and the price chart if the live proof of it. If people would be tracking the prices in the past, they would be able to see the price changes that happened where they think bitcoin is dead but it just recovered proving they are wrong.

[thesmallgod]

1 year ago it was 3500$ I wouldn't call that doomed, but a good investement.

Exactly, In game section, I read someone is throwing 1 BTC  every cycle in online gaming. Such a person will not see bitcoin to be doomed probably he has a lot of btc he got long time ago at a very low price. Just less then 24 hours, BTC hit 6.4k, the same BTC that fell below 4k a few days ago. Nobody knows what will happen to bitcoin in the nearest future but the fact that BTC is still gaining more popularity is a clear indication that a better days are coming.

[fiulpro]

Doomed is something which have no hope and the price crashes to zero.
One should understand that it might have been the case in the upcoming years BUT ,
Since the rise of Corona virus and since the rise of localised wars and stuff , people only have Bitcoins.

There are countries And countries using Bitcoins to overthrow the government!

People know how powerful it is .

It is helping so much during the pandemic , I do think it will never die. Don't think much about what people say , make your own judgements.

[hahay]

Well, whatever has happened so far and recently it will not be doomed bitcoin because it is likely to be a more significant increase because with this incident at least they will choose other alternatives that are safer and can avoid the spread of the virus so it is very possible bitcoin became the main alternative for them for a transaction and other things.

[boltz]

No , Bitcoin is not doomed but corona doomed everything that has a price and a value. Stocks won't disappear , Bitcoin won't disappear but the prices will go down a lot in the next days as USA stocks just today woke up with what is really going on in their country as the corona cases exploded in a matter of days there.

USA stocks will affect everything and bitcoin is no exception from this.

[pixie85]

Bitcoin will never ever ever EVER be doomed. It is our future currency! If you ask me, all this mixed corona madness is only going to help bitcoin be discovered by more users since they will be home bored searching the web.

I also think that in the long run it will come on top. Panic is unpredictable and people aren't thinking about investing but about cash at hand. You can see them dumping stocks and silver as well. I heard that Trump might shut down the stock market. It's just a rumor but it can happen.

Bitcoin is only reflecting the general situation on the global markets that's all.

[Kelvinid]

Should we think that we are doomed already? Not for sure.
The coronavirus is yet pandemic but not a killing spray that every person who gets infected will die. We are negatively thinking that because many areas where are lockdown but this is not forever, this is the only way to help not to spread the virus anymore. And after this, we back to our normal life and usual doings.

Bitcoin will never ever ever EVER be doomed. It is our future currency! If you ask me, all this mixed corona madness is only going to help bitcoin be discovered by more users since they will be home bored searching the web.

And I hope they will see the importance of Bitcoin during this time and will appreciate its purpose. People are obviously panicking which makes them sell their Bitcoins even at cheap price. This supposedly not to happen but can't hold other's hands especially for the doubtful individuals.

[HardFacts]

Has the Corona virus doomed Bitcoin ?

NO, The Corona Virus did not doom BitCoin...   Bitcoin DOOMED ITSELF 

BitCoin grew up in an economic and asset bubble, where everything went up.  BitCoin's price crash to the ECONOMIC CRISIS is very worrying.   I have no idea if it will go up or down, but I sure would not put my money in it.

Hard Facts

[MCobian]

I affirm corona virus will not be able to make bitcoin doomed, but only make the price go down. And that also won't last long,
I suggest to the extent that bitcoin prices go down. Keep holding bitcoin that you have, don't go for it to sell it. Therefore do not
too panic if you see a market that has dropped dramatically, we must be calm. Making wrong decisions can hurt us alone.

[meanwords]

Another manipulation? We don't know.

All we know is that the price of Bitcoin fell much worse than this in 2018. A lot of people thought that Bitcoin and other cryptocurrencies are starting to crumble, starting to die but it didn't. Bitcoin will always recover, from the past dumps up until now, it still proves that it will never let us down. Bitcoin will keep on giving us profit, that will be the same to other cryptocurrencies.

The thing here is that, people are using this dump as a propaganda to scare more investors so others can invest at a lot price before going up again. At at how those FUD are popping each time a dump like this happen, they are mostly active during this time. Partner it with the global crisis and you'll have weak hands all over the place.

They are probably accumulating as much as possible while trying to lower to the price for them to again more profit.

[Flickkk]

We don't need to panic, this is just another bump along the way, folks are going to buy at every dip, majority are selling, but it doesn't mean that this is the end-game of Bitcoin. The only thing that I can think of that can really affect it is that if quantum computers where able to steal our Bitcoin. But that is a different discussion.

That would be scary.
A huge lose of circulation of bitcoin will have a great impact to the price.
ESpecially if the regulators of the bitcoin price got stolen.
But interms of the virus if  huge people killed in that pandemic.
Then it might be possible that fiat money will be also useless .

[kpllvd]

Bitcoin is definitely not doomed, for some reason Bitcoin helps a lot of people and gave financial freedom. Many people are affected due to COVID-19 but most of them are looking for a way to earn additional money through online. Let's take this opportunity to publicize the benefits of bitcoin instead saying that bitcoin is doomed. And it is normal for crypto to go up and down, the real deal is about to come. 

Bitcoin is still not dead (c) Pomp
I believe that everything will recover in the future. Keep halving in mind

Yes, Bitcoin will certainly recover after the pandemic. A lot of people keep saying negatives about bitcoin without even looking to it's bright side. The more we engage to Bitcoin the more it will help us, we can say that the rates are unpredictable today it's decreasing and later on will probably increase.

As the famous saying goes
"If it doesn't move up and down, then it's not alive" ~ Author: Unknown

The same applies to Bitcoin. The up and down movements are more than normal for a healthy market and we would be fools to think bitcoin is doomed just because it moved back to 5K

This is a good point. People tend to hate what they don't understand that is why they keep saying that bitcoin is dead. If you truly understand the market you are in, it will be normal for you if there are changes. The situation we have has a big impact to the cryptocurrencies but that is not the end and will never be the end of it because the fact that Bitcoin is uncontrollably known is a big start for a new opportunity.

[kotajikikox]

Has the Corona virus doomed Bitcoin ?

NO, The Corona Virus did not doom BitCoin...   Bitcoin DOOMED ITSELF  

just Continue your criticism about Bitcoin but lets see what can you say after all this problem stopped and after Halving the Market will be great again.

Well, whatever has happened so far and recently it will not be doomed bitcoin because it is likely to be a more significant increase because with this incident at least they will choose other alternatives that are safer and can avoid the spread of the virus so it is very possible bitcoin became the main alternative for them for a transaction and other things.

this have to be effecting now because the Virus is being spreading for months now yet Bitcoin is Falling so maybe the option will take effect in long time while the Cure is still on search.

[HardFacts]

but lets see what can you say after all this problem stopped and after Halving the Market will be great again.

this have to be effecting now because the Virus is being spreading for months now yet Bitcoin is Falling so maybe the option will take effect in long time while the Cure is still on search.

The ECONOMIC CRISIS is what caused BitCoin to Crash, and the ECONOMIC CRISIS will be here long after the virus is over, and not end for MANY, MANY years...

The world as you knew it and BUBBLE ECONOMY BitCoin grew up in is OVER....  I have no idea if BitCoin will go up or down, but BitCoins price crash in response to the Economic Crisis should worry everyone. 

Hard Facts

[Kurokonobasuke]

When the corona virus is started it all affects either business, lifestyle  and even the all the crypto currencies.
No, not only bitcoin has a huge effect on the crisis it's everything are affected on it. Don't worry of that because when the time comes and we manipulate the virus on spreading and killing people everything will be okay. But for know don't be worried on what happened in crypto currencies, just be worried about our health and pray to God that everything will be okay.

[Asuspawer09]

Has the Corona virus doomed Bitcoin ?

Nope - don't be ridiculous.......they want you to think this.

Firstly, we got into Bitcoin because of financial freedom - money and value that nobody controls - that will never be "doomed" ( but they'll always try to kill it ).
Secondly , I explain in the video below why after every crash investors first go for liquidity , and then into safe havens - we're only a week into this market crash , you will see the safe havens over the next few months.
Thirdly, blockchain has already entrenched itself with many use cases that we cannot ( and won't ) go back on.

Don't make a mistake selling guys - they want you to do this. HODL.
And watch my video here with more detail - https://youtu.be/QGdvGY9STdc

The Global economy is going down because of this COVID 19 virus that is still not yet contained a lot of countries is still under a lockdown there is no doubt that the Coronavirus is also affecting the cryptocurrency.

Even to this day, there are still a lot of countries that are not yet ready to recover or else still not yet control the spreading of the virus in their country that is affecting the bitcoin. In this time of crisis, we surely need funds and the cryptocurrency or investment could really be useful at this times and that might be a reason for the sudden sale of or the dump of the market price of bitcoin in the past week.

But still, bitcoin still is going to recover easily at this time a lot of investors are still ready to invest in bitcoin meaning the demand of bitcoin is still high even at times like this. Also, there are still no jobs or work for a lot of people causing the economy to go down maybe we are not yet experiencing the effects of this but in the coming months for sure we are going to be doom by this if there are no employees they will be no production.

[HardFacts]

 Don't worry of that because when the time comes and we manipulate the virus on spreading and killing people everything will be okay.

WRONG, WRONG, WRONG

The ECONOMIC CRISIS will be far worse than the Corona Virus, and the economic crisis will last for MANY YEARS.  You poor ignorant people, you have no idea what is coming.

BitCoin grew up in a bubble economy, where almost every asset was going up in price.  Those days are OVER, and BitCions price crash in response to this economic crisis would worry any rational investor.

Hard Facts