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Author Topic: Bitcoin Is Dying  (Read 927 times)
elisabetheva
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January 25, 2021, 12:05:29 PM
 #101

This will not be the first time bitcoin will reduce and this does not mean bitcoin is dying. and this is because of the volatile nature of bitcoin possess.
And with the rate to which awareness into bitcoin we are good to go


may corroborate what you say, how is crypto without bitcoin !!! of course everyone knows even though there are other coins but crypto identity has happened to bitcoin.
if bitcoin is reduced it will not affect what is there because of that bitcoin will not be dying by just decreasing.
Bitcoin can be called digital gold, but in terms of volatility, Bitcoin is king.
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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January 25, 2021, 02:26:22 PM
 #102

Psst. You can use Bitcoin for whatever purpose you may see fit. You want to use it as an investment? A payment currency? A way of having real ownership over your money? A way of hiding your wealth from the government? You may even use it to buy those anime waifu pillows or Belle Delphine's bath water and I don't care one bit. Because that's the point! You have complete freedom with Bitcoin, and you don't need to care what people think!

You have said it all, it is a pity some people like to make a mountain out of a small stone, every bitcoiner is entitled to his or her own choices what to use btc for, that does not make btc any less valuable or appear to be dying because many people use it as an investment, btc serves several purpose, anyone can chose which of this purpose they want to use it for.

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January 25, 2021, 03:03:30 PM
 #103

Bitcoin is not dying now, but bitcoin is experiencing a decline in price and that's a correction. believe bitcoin will not fall easily and bitcoin will recover to its best position

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January 25, 2021, 03:23:30 PM
 #104

Bitcoin is dying and you could be among those who are killing it.
Sometimes the illusion of value will be addictive for anyone. Look at the value of bitcoin now, is it dead or did you always think about it in your dreams? Bitcoin is so versatile for one type of currency, it can be transformed and transformed into many forms of differentism. Can an epidemic of bitcoin addiction correspond to the 19 covid pandemic? Maybe Cool

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January 25, 2021, 03:40:10 PM
 #105

I can't imagine if Bitcoin were really dying, how many people would lose their fortune and go crazy,
many people do not understand what Bitcoin is, so they give bad news about Bitcoin so they think Bitcoin is dying,
so stop giving bad news about Bitcoin and learn again what Bitcoin is because Bitcoin will continue to grow and will not die.
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January 25, 2021, 04:17:47 PM
 #106

I cannot blame you if this is your conclusion even if you have seen already the capacity of bitcoin. Bitcoin has been declared dead for a couple of times already but what happened now? the bitcoin price is breaking it's ATH again and again.

Is this how the dead work? Dead means no value but bitcoin is steadily progressing. An increase and a decrease of bitcoin price is part on how the market works, if you are still new in crypto world then it will be better if you will do some research first before you will spread some fuds to bitcoin.

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January 25, 2021, 05:48:35 PM
 #107

Psst. You can use Bitcoin for whatever purpose you may see fit. You want to use it as an investment? A payment currency? A way of having real ownership over your money? A way of hiding your wealth from the government? You may even use it to buy those anime waifu pillows or Belle Delphine's bath water and I don't care one bit. Because that's the point! You have complete freedom with Bitcoin, and you don't need to care what people think!
Also, you can freely choose whatever you want in your wealth since Bitcoin has plenty of unique options you can choose. You're also safe from bad guys who wants to rob your wealth. A term "Dying" for bitcoin is not logical since it's value were too massive right now.
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January 25, 2021, 06:08:14 PM
 #108

Many people could not predict the potential in bitcoin, I am included in it. No one would have known that this much volume would increase, that many corporate firms would invest and that they would really be chosen as the technology of the future, things could have been worse. Now we can make a clearer comment for the future of bitcoin, so bitcoin is not dying, on the contrary, it gets more alive.

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January 25, 2021, 06:20:56 PM
 #109

Bitcoin has been declared dead or dying roughly 500 times since 2010. But this year it's dying much less frequently. In 2020, bitcoin has been reported dead or dying only 11 times, per a list of these faux obituaries maintained by a Singapore-based website called 99 Bitcoins.
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January 25, 2021, 10:57:28 PM
 #110

Yeah we know that it created the purpose of bitcoin as a currency, but with the development now bitcoin is already used by people as an investment asset.
Especially when the price skyrocketed, many people threw it away for profit and bought it again when the price dropped. Its volatile nature makes bitcoin
quick to profit and improve one’s financials.

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January 25, 2021, 10:59:27 PM
 #111

Bitcoin is dying and you could be among those who are killing it. In 2010 Laszlo paid 10,000 bitcoins for a pizza. We all know this story but how many of us understand it? Do you think Laszlo didn't see potential in Bitcoin? He could have hodl and sell it off, but, he made that transaction to prove a point; to prove that Bitcoin is actually a currency. But since the price skyrocketed, only a few care about the sole aim of the currency. Everyone is "buying the dip", or "Investing some $$" in Bitcoin, and that is killing Bitcoin. The average person today sees bitcoin as an investment. Are we really turing this Cryptocurrency into a Crypto Asset?!

A way of making more money due to the price speculation. With every new investor believing this, I hate to say this but, Bitcoin is dying. I know that the chances of Bitcoin's price dropping so bad are small. But if it happens, if it ever happens, a lot of people will lose, a lot will pull out, a lot will tag us scam, a lot will (out of anger) say that we are centralized, and a lot would never know or participate in the real use of Bitcoin. We need to figure this out before it becomes too late.

MicroStrategy. ...
Galaxy Digital Holdings. ...
Funds. ...
Grayscale Bitcoin Trust. ...
CoinShares. ...
Ruffer Investment Company. ...
3iQ The Bitcoin Fund.

With these companies and many more companies investing on it, I dont think Bitcoin is dying, its just making its way to new ATHs, year by year

Intuitional money had already flowed out into this market already and yes, those big companies and personalities had poured down and considered this place as a good investment
but always mind off about the con's or on the negative side but to know that everyone can engage with this free market. No one had been restricted nor being prohibited to dive in.

Bitcoin is Dying is somewhat a topic that had been repeatedly said on this place for how many times specially when it crashed so hard and just like when it dipped or bubble popped
in 2017-2018 where everyone is already on that fear.

Telling that we would be heading to a buck price or even going to zero but look at on where we are now?

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January 25, 2021, 11:27:07 PM
 #112

Knowing that there are big institution and companies that are backing up the bitcoin system, I am sure that they won't allow the value of it to suddenly fall. There might be a correction but it will still recover since anyone from the investors don't wanna lose anything. The worst case scenario would be if the whales decide to leave the system, the price will surely fall. But on my opinion, there are lot of people who hold big amount of it. So no one can truly manipulate it for long term.
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January 26, 2021, 12:42:09 AM
 #113

The only way I can put it is one thing. Naysaying. These naysayers will do everything to discredit Bitcoin. Something happened in the past that made then change their minds about the whole crypto thing and is now out there to discourage more people. That is all it really is. If you do not have any real business to do with Bitcoins or other alts then it is time to move on and start doing something worthwhile. Useless to convince winners to quit.

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January 27, 2021, 05:25:29 AM
 #114

Bitcoin will ultimately not be an investment, or an encrypted digital currency. It is very likely that it will become a universal currency in the world, a payment and a recognized hard currency.
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February 12, 2021, 08:56:55 PM
 #115

uhn...I don't know, it will turn out to be boring and risky

Man, Why do you have this thought? I want to tell you some recent news. D you know recently Elon musk bought 1.5B BTC. And Master card, Uber and US some councils accept BTC as well. And also next BTC harling will affect more than this year. We can see BTC will pump to 100K$ in next few years. This is the best investment in the present.
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February 12, 2021, 10:05:06 PM
 #116

Bitcoin is on its peak, and followed is the ethereum. These are the days of bitcoin, because big people in terms of wealth keeps pouring funds into the cryptomarket. This keeps the Bitcoin highly active on the market.

With time someone who is popular making his investment on bitcoin. This is giving hope to common people who are able to invest very small. Some way it serves as the asset of the rich and all levels of people through its denomination. This makes it live forever without death as some has stated.

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February 12, 2021, 10:12:43 PM
 #117

Bitcoin is on its peak, and followed is the ethereum. These are the days of bitcoin, because big people in terms of wealth keeps pouring funds into the cryptomarket. This keeps the Bitcoin highly active on the market.

With time someone who is popular making his investment on bitcoin. This is giving hope to common people who are able to invest very small. Some way it serves as the asset of the rich and all levels of people through its denomination. This makes it live forever without death as some has stated.
Yeah it keeps living, and it's totally in reversal to what op subject matter have been said that bitcoin is dying. With the underlying peak of its price these days, it became more valuable as many folks started to divert their asset from fiat to cryptocurrency. Demand rises, that's why price surges very high from time to time and after some minor corrections often pull down some percentage; recovery suddenly bounced back.
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February 12, 2021, 10:15:45 PM
 #118

Bitcoin is on its peak, and followed is the ethereum. These are the days of bitcoin, because big people in terms of wealth keeps pouring funds into the cryptomarket. This keeps the Bitcoin highly active on the market.

With time someone who is popular making his investment on bitcoin. This is giving hope to common people who are able to invest very small. Some way it serves as the asset of the rich and all levels of people through its denomination. This makes it live forever without death as some has stated.
Nothing last forever and this should really bare in mind even how bullish or good the market is but doesnt really give out assurances that we would really succeed into this venture.
We are indeed on having a good run but people shouldnt really be that too confident specially for us who are just common people.Yes, it do gives out that chance for us
to earn but to think that this isnt an investment in the first place but rather a new way payment system that had been just created and earning money is just a bonus
or second priority.Well, people do really look the different way and just focused more on the other side of things.

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February 12, 2021, 10:16:50 PM
 #119

The only way I can put it is one thing. Naysaying. These naysayers will do everything to discredit Bitcoin. Something happened in the past that made then change their minds about the whole crypto thing and is now out there to discourage more people. That is all it really is. If you do not have any real business to do with Bitcoins or other alts then it is time to move on and start doing something worthwhile. Useless to convince winners to quit.

Maybe they lost some money on bitcoin and now they want others to do the same also.
But what is happening in the market is opposite, and we are continuing to rise because a lot of popular companies are now joining the crypto.
Those who got negative experience will always say something negative and be pessimistic with the bitcoin's future.
But unfortunately, what they want will not happen as it is the opposite that is happening right now.

Bitcoin is on its peak, and followed is the ethereum. These are the days of bitcoin, because big people in terms of wealth keeps pouring funds into the cryptomarket. This keeps the Bitcoin highly active on the market.

With time someone who is popular making his investment on bitcoin. This is giving hope to common people who are able to invest very small. Some way it serves as the asset of the rich and all levels of people through its denomination. This makes it live forever without death as some has stated.

Though we can't say that it will live forever but I like this optimistic view on bitcoin.

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April 14, 2021, 05:09:25 PM
 #120

you say bitcoin is dying ,, ooopp it sounds very, very stressful, the word that bitcoin is dying is suitable for you to talk about for yourself, I still use bitcoin almost every day, even my income is almost entirely from bitcoin, it's up to you to say bitcoin is dying lah, fell down, but I remain at my stance, I will still use bitcoin ..
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