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Author Topic: BTC is Going to "DEAD....!" Need Discussion.....  (Read 1211 times)
RokokGudangGaram
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September 05, 2020, 03:35:37 PM
 #61

I respect the opinion that OP has, the same thing I respect others.

I definitely not to argue with him coz in the first place I know already that Bitcoin is not going be dead but instead of seeing it places a vital role in the community. OP just missed the thing about Bitcoin, he only focuses on the price but not the way it serves to be of its purpose, the reason for its creation. If he probably welcoming crypto, he'll never say like that.

I need to push him to trust Bitcoin, he's one of those people who've been looking Bitcoin as a scam thing, unrealistic, and just a fool. We are all not like him that is why Bitcoin pertains to survival against the negative because a lot of people sees already the benefits from it.
I agree with you. He seemed frustrated regarding the Bitcoin price, so maybe he is losing profits right now? Nonetheless, Bitcoin has been presumed to be dead long before. But it hasn’t and it won’t, because many are still into it and believe on it. Bitcoin is not at fault for the existence of scammers here, scammers will always do their ventures whenever and wherever possible.

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September 05, 2020, 06:59:44 PM
 #62

I believe btc is not going to dead. Now this time cryptomarket is down. Btc are struggle now at cryptomarket. I hope btc can recover.  And btc price will increase 40000$. Best wishes for btc.

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September 06, 2020, 02:40:03 AM
 #63

in my opinion, 2017 was the biggest hype in cryptocurrency history. where many ordinary people who do not understand the volatility of the crypto market come into this circle and make the high demand for bitcoin, so it is very natural that the price increases rapidly in just a matter of months. I think this year can be said to be normal !!! and let's wait for the next surprise of bitcoin in 2021
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September 06, 2020, 02:55:19 AM
 #64

In 2025 BTC will go to the moon just after the recovery of financial world crisis from 2022.
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September 06, 2020, 03:05:54 AM
 #65

I respect the opinion that OP has, the same thing I respect others.

I definitely not to argue with him coz in the first place I know already that Bitcoin is not going be dead but instead of seeing it places a vital role in the community. OP just missed the thing about Bitcoin, he only focuses on the price but not the way it serves to be of its purpose, the reason for its creation. If he probably welcoming crypto, he'll never say like that.

I need to push him to trust Bitcoin, he's one of those people who've been looking Bitcoin as a scam thing, unrealistic, and just a fool. We are all not like him that is why Bitcoin pertains to survival against the negative because a lot of people sees already the benefits from it.
I agree with you. He seemed frustrated regarding the Bitcoin price, so maybe he is losing profits right now? Nonetheless, Bitcoin has been presumed to be dead long before. But it hasn’t and it won’t, because many are still into it and believe on it. Bitcoin is not at fault for the existence of scammers here, scammers will always do their ventures whenever and wherever possible.

no matter what the OP or others are saying about btc going to be dead, those of us believers will not be affected by such speculation. we know within ourselves, that this kind of statement has no basis. even if he is comparing those previous years. as others have said, he's only looking at the price level but not in the adoption facet of btc.
 because if he even look at how btc is growing, how merchants are integrating crypto, how big companies are venturing in blockchain tech, he will not even think that btc is going to be dead...
  very very far from it in my opinion!

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September 06, 2020, 07:17:35 AM
 #66

if you don't believe in crypto currency especially bitcoin, you can go out and sell your bitcoin. or you can donate for free to people in need. like me.
ha ha ha

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September 06, 2020, 09:21:34 AM
 #67

This is the reason why Bitcoin is labeled as a high-risk investment by other finance advisors.  You can buy it high today and later, the price will crash or you sell it at low today and tomorrow's price skyrocketed.  High volatility has always been the trademark of Bitcoin.  And there are lots of threads and topics about the "Death" of Bitcoin  but none had happened so far.

Maybe they mean it as nobody is using bitcoin as intended but only as a speculative investment.

Bitcoin adoption as a sound money is as high as its price if you ask me.

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September 06, 2020, 12:12:07 PM
 #68

None of what you just said makes any sense. Yes if bitcoin goes down you will pay more bitcoin for a errr.... Pizza??? Why are you bringing up pizza? Because of the 10k bitcoin pizza? What has that got to do with anything?
Bitcoin dead? Your English is very difficult and cofusing to understand maybe you should try again or edit your post so we can better understand you because bitcoin is certainly being used to buy things and is far from dead.
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September 06, 2020, 12:15:24 PM
 #69

if you don't believe in crypto currency especially bitcoin, you can go out and sell your bitcoin. or you can donate for free to people in need. like me.
ha ha ha
something reasonable if you don't believe it, so many people want to accommodate it, including myself, if someone wants to send it. the strange thing when it comes to cypto is asking that you don't believe in bitcoin even though the connotation of crypto is inherent in the existence of bitcoin. crypto is definitely bitcoin, and it cannot be separated.
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September 06, 2020, 12:39:35 PM
 #70

My prediciton is the BTC price will be going down until $6k per BTC and it will be stagnant for sometime
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September 06, 2020, 12:57:37 PM
 #71

I don’t know what’s wrong with some people , why is it hard for you people to understand that cryptocurrency is a volatile market? You are being told so many times that the price of Bitcoin fluctuates and you know that. When a price of Bitcoin goes up, it wouldn’t be going up forever , there are also times it will start falling.

But a fall in price doesn’t mean that the market is dead, it’s just how the market is. I know that most of you want the price to start going up, because you’re all focused on getting rich from cryptocurrency. Even the stock market still goes up and down and that’s how every market works.

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September 06, 2020, 01:00:01 PM
 #72

I understand that bitcoin's value may affect its adoption since more people will be interested to use it if its price keeps on shooting up. But how high does it have to go before it becomes ripe for mass adoption? And how low does its price have to drop before we start getting worried?  
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September 06, 2020, 01:37:33 PM
 #73

Again Bitcoin defies naysayers for over a decade. Unfortunately for all of those naysayers, Bitcoin is still alive, kicking and stronger than ever as it approaches its third halving event. According to the Bitcoin Obituary page, Bitcoin has been proclaimed dead 390 times since it came into existence in 2008.
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September 06, 2020, 04:24:25 PM
 #74

It's not going to die because you say so. I'm yet to see at least one sign of it dying. A 10% drop in value on a tradable asset is not a sign of dying.

I agree with you. He seemed frustrated regarding the Bitcoin price, so maybe he is losing profits right now? Nonetheless, Bitcoin has been presumed to be dead long before. But it hasn’t and it won’t, because many are still into it and believe on it. Bitcoin is not at fault for the existence of scammers here, scammers will always do their ventures whenever and wherever possible.

Just look how we've evolved in the last 5 years. Not long ago people were frustrated because Bitcoin was below 5000 USD and now they complain about going from 11 to 10 thousand.

Hopw can anyone be frustrated about 10 thousand dollar Bitcoin is beyond my understanding.

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September 07, 2020, 01:02:50 AM
 #75

Bitcoin might slog around for years just like it has lately. If we want to keep it as a relatively decentralized payment method, there are several things that will have to happen:
1. We will need thousands or millions of people, with multitudes of terabytes of memory in their home computers, to run full nodes and maintain the bloated blockchain. If we don't get these people, the blockchain will become centralized by the few big operators who will have this kind of memory, and we will lose the greatest advantage we have with crypto, decentralization;
2. We will need high speed Internet to the tune of at least 5G. 6G is being looked at, even though 5G hasn't been implemented to any great degree. We need this so that the kinds of transaction volume that will come along in the future will be able to be handled;
3. The reason the Devs haven't expanded beyond 1mb blocks is to keep transactions to a minimum, so the blockchain doesn't become bloated before we have new household computers, and Internet capability to handle it. Once we are ready with the LARGE hard drives and the FAST Internet, the Devs have to be ready to increase the block size so that more transactions can be handled, cheaply. This means that everybody who is running a full node will have to get the new Core app;
4. We will need more efficient computers to use less electricity when mining. This will allow more people to run full nodes and mine. Hopefully this will keep the miner's fee down through mining competition. We can expand into households and small business with the low miner fee, and be competitive;
5. All this depends on what governments and banks will do to keep a monopoly on fiat.


It seems that Bitcoin is a payment method that arrived before technology was ready for it... before its time, so to speak. Let's hope we can make it work in the near future, before people give up on it altogether.

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September 07, 2020, 03:45:44 AM
 #76

I think this is wrong because Bitcoin is a currency that no one has control over. It runs on its own and nothing can be said about its value. It can go very high and it can go down because when a lot of peoples buy it, the price goes up and when a lot of peoples sell it, then the price goes down. It is wrong to say that it will end now. It is a never ending thing and it will never end. Whenever the price of Bitcoin is low, some people start giving such false news.
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September 07, 2020, 04:30:52 AM
 #77

I think the price of bitcoin is not increasing because many countries has banned it so new investor is not coming in the market so I think that's the reason why the price of bitcoin is hovering between $6000-13000 but I think after ending covid-19 the price of bitcoin can increase exponentially
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September 07, 2020, 04:57:23 AM
 #78

I think the price of bitcoin is not increasing because many countries has banned it so new investor is not coming in the market so I think that's the reason why the price of bitcoin is hovering between $6000-13000 but I think after ending covid-19 the price of bitcoin can increase exponentially

   Don't be misled by the headline and this topic, we had so many of them and Bitcoin is still alive and well. And the price is rising,
just check where the price was in the beginning of this year, and then check the price now. This drop is what we expected to
happen, the price can't rise all the time.
   Covid-19 is a virus, and I don't see any connections with that virus and Bitcoin price. We had good days here in crypto-currencies
while the pandemic was at the peak, maybe I am wrong about this, if I am I would like to hear from someone why, thanks in advance.



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September 07, 2020, 07:15:47 AM
 #79

Things in the past often repeat in the future, now bitcoin is at a stable price to be able to grow again. Bitcoin has tested the 3k-4k price zone twice, which is a double-bottom pattern. Investors are patient and they will receive a reward. If bitcoin continues to fall in the lower price range once again, it will be catastrophic.

Bitcoin has a resting point where it doesn't have any movements in its price so don't think that bitcoin is dead. It can make another ATH again, we never know, bitcoin is volatile and unpredictable in the market. I just want you to know that BTC can reach the impossible and this coin has a lot of potential to dominate the market. Bitcoin is in a $10k range right now after reaching $12k last month, it is not impossible that bitcoin can produce another ATH maybe at the end of 2021 next year.

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September 07, 2020, 01:44:17 PM
 #80

BTC was hit 20k in 2017. In this yr BTC hit 12k. In my opinion if corona pandemic not happened then btc must hit 20k+ in this year. Because of corona pandemic btc price hit 12k and the get down. But till now btc price around 10k.

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