Don't you think Bitcoin will die over the summer?

[SaveOurSea]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

DIE? are you frustrated now? or have you sold bitcoins when panic sell occurred at $30k?
yes very unfortunate if it happened to you? remember mate! Bitcoin will never die this summer or years to come!

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[Oceat]

Die term is like you want Bitcoin to vanish or end? The right term you are looking is fall/drop/dump and then a bear season follows.

Anyway, I don't know if OP knows the price of Bitcoin last year but this price today compared to the price last year is different. It's from around $15k last year then suddenly grow for almost 5 months just to reach the $64k new ATH then a correction hits down to $30k+ today.

The answer to your question is nobody knows hence we can't see Bitcoin would actually drop and start a bear season in the summer but speculation said that if it drops to below $30k then a possibility of a bear season will occur.

[philipma1957]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

It is far more likely you will die this summer .

you should ask will btc drop more or will btc go level or will btc go up.

It can only die if the world ends this summer.

Die means dead it means btc would  zero out to no value with no one owning or mining it.

Many people need to die to stop it completely.

Next time ask a correct question.

[adaseb]

Pretty sad how people here are surprised that not everything goes up in a straight line. I think most of these new people come from trading stocks which has a mentality "stonks only go up" and its been the case for most of last year.

Same with people who invested in Doge. They were surprised that it topped at $0.75 during the SNL show and lost 2/3rds of its value at one point and people are surprised that when they try and sell Doge on Robinhood, they are going to get back less money then they invested. They think something must be wrong with their phone instead of realising the truth about how risky investing can be and if it was this easy to make money then nobody would be working, everybody would be staying at home to trade.

[zanezane]

Well, it's summer in my country right now but bitcoin is still very much alive so I don't think that bitcoin will probably die any time soon, people are still using it right?

[rahmatrf331]

Well, it's summer in my country right now but bitcoin is still very much alive so I don't think that bitcoin will probably die any time soon, people are still using it right?

When bitcoin soars, many people profit from the bubble, when the price falls, many people fall victim to panic selling.
if we are part of that profit, why are we the sponsors to drop bitcoin by spreading negative and uncertain issues.

[Kittygalore]

When bitcoin soars, many people profit from the bubble, when the price falls, many people fall victim to panic selling.
if we are part of that profit, why are we the sponsors to drop bitcoin by spreading negative and uncertain issues.

It's not right to call it a bubble because it should've burst a long time or it could've burst when the prices were said to be unsustainable. The people that are susceptible to panic selling are greedy and some are cutting losses and I think it's natural because people have to make money so what do you do if your source of income is slowly cut in half? You take it out before it's too late.

[kotajikikox]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

Unless you will leave this market before summer then the answer is NEVER.. you BS account are just making fun of the forum and market just like that,you don't even know the value of the coin yet can create such topic?

answer me first what do you know about Bitcoin to talk about when this will die or what?

Well, it's summer in my country right now but bitcoin is still very much alive so I don't think that bitcoin will probably die any time soon, people are still using it right?

That made me laugh because it is also summer and almost rainy days is coming yet Bitcoin i still standing strong lol.

[traderethereum]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

Yes, bitcoin is dropping too deep this time, but that does not mean bitcoin will die because we do not know what will happen with bitcoin and we still have a chance to see bitcoin prices start the rally.
Even if bitcoin dies soon, if we can still see a chance to make a profit, we should use that for our benefit so when bitcoin really dies, we already benefit ourselves.
But I do not think that bitcoin will die because bitcoin still has a long journey and it will work beside us for a long time.
Instead of thinking that bitcoin will die, we need to try to make a profit before the chance ends, so we do not regret it in the future.

[Maslate]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

What do you think?
But for sure it never going to happen, in fact, it was been proven so many times, we even suffer huge dip before but look, Bitcoin still exists today and that is enough to say that Bitcoin could still survive no matter how many dips and market corrections will come.

You know what? I'm thinking that there is no bear season to come. The market will remain bullish during this summer and until the end of this year or even next year.

[fancy2973]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

Based on your level and activity, I would argue you haven't been around for very long. Have you ever taken a minute to study the graph on Coinmarketcap for Bitcoin over the last ten years? If not, I urge you to do that as quickly as you can because in the future it will save you from looking exactly like your forum status!

[philipma1957]

Well, it's summer in my country right now but bitcoin is still very much alive so I don't think that bitcoin will probably die any time soon, people are still using it right?

When bitcoin soars, many people profit from the bubble, when the price falls, many people fall victim to panic selling.
if we are part of that profit, why are we the sponsors to drop bitcoin by spreading negative and uncertain issues.

Notice I changed title when people start threads with titles like this thread every rep should change the title.

It is not that I think BTC will not drop under 30k it could.

but I am certain that it won't die.  more likely that he dies instead.

Certain titles just generate bad google mojo. It is what the op did here.

And he is a newbie or is he an og working against BTC in the name of Elon Musk.

So every reply I do to this thread will alter the title.

Much the same if anyone does a troll title I do reply with a different title.

Anyone that thinks the title is trollish and that it won't die should answer with a different thread name like I am doing.

[just_Alice]

Stop panicking, we've been through worse! Really, this happens every single time the BTC price drops, people start thinking this is the end of the world. We really should start making bets on how many "panic threads" will there be during each bearish trend

[buwaytress]

Bitcoin's dead. We just don't know it yet. Hundreds of obituaries, this is just a zombie now long past its shelf time and living on borrowed time. Get your Bitcoin, dump it all. Just throw your wallets into the ocean. Deactivate your accounts everywhere. Jump ship to one of those fancy new memecoins instead where big corporate boys got your back;)

[Shasha80]

Stop panicking, we've been through worse! Really, this happens every single time the BTC price drops, people start thinking this is the end of the world. We really should start making bets on how many "panic threads" will there be during each bearish trend

Too many people panic when the price of Bitcoin continues to fall, even though Bitcoin price declines are a common thing. So actually there is
nothing to worry about, we should take advantage of this opportunity now to buy more Bitcoin. As long as there are Bitcoin transactions,
I firmly believe Bitcoin will not die. So stop thinking negatively about Bitcoin. Even I'm one of those people who believe Bitcoin is still possible
to reach the price of $100k this year, so I have no doubts about the future of Bitcoin.

[Scripture]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

Bitcoin will never die for any season, because Bitcoin already established a good fundamental and it will remain valuable same thing with gold so stop over thinking and buy more Bitcoin now before its too late. We have to look from where we started up to this day, do you think Bitcoin will die because of its current drop? I don't think so.

[mhine07]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

I think bitcoin will never die because if its happen it should be dead then when it reaches below $20k. Its only normal for a cryptocurrency to goes low and have a dip in value but eventually it will recover again. We know the road that bitcoin have gone so far its value goes high so very high that only millionares can only afford to buy a single bitcoin.

[JohnBitCo]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

DIE? are you frustrated now? or have you sold bitcoins when panic sell occurred at $30k?
yes very unfortunate if it happened to you? remember mate! Bitcoin will never die this summer or years to come!

Many people thinks that when the bitcoin price is dumping, it will dump to zero and it will be all over for the bitcoin. Those people are new and/or they hate bitcoin and want to spread the fud. Bitcoin will never die but it will always increase over the years.

[Reid]

First, invent something that could kill it. Then, I might believe in the possibility of it dying.
Right, you're a newbie and that's the first thing you will say because you don't know the history of Bitcoin.

There's a beginners section and you might want to start there.
If you are having a hard time finding it then I'll help. Here. https://bitcointalk.org/index.php?board=39.0
If that's too much work for you then just google bitcoin or use coinmarketcap and see if Bitcoin dies whenever the price plummet.

[BigBos]

Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer?

go check prices in early 2019 mate, maybe you'll see more potential than thinking that bitcoin will die. what I'm thinking right now is just how to collect it so I don't be late when the price goes up. however, many people think that way when they see the price of bitcoin go down. however, when they see the price of bitcoin go up, they will say that they regret not buying it when they thought that bitcoin would die.