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

[Wexnident]

Good thing I don't think much. That way I'd actually remember that Bitcoin has experienced worse dumps than this and has continuously outlived it. Even without considering that, just the identity of Bitcoin is more than enough for me to actually trust it. Man if everything died due to prices dropping, then ngl, a lot of things would've already ended up gone. It's the market being the market, ups and downs, highs and lows, it's literally the common sense of the market, don't really see why people still can't get that.

[Saisher]

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?

Do you think it will die by just asking this question that was asked a hundred times in the past you want a reason to dump your coin, it could if people continue to create FUD on Bitcoin, is it just a year ago when Bitcoin crash at $5000 level but look what happen and where it is now, people just need to go and look back and check the past worst scenario

[michellee]

Good thing I don't think much. That way I'd actually remember that Bitcoin has experienced worse dumps than this and has continuously outlived it. Even without considering that, just the identity of Bitcoin is more than enough for me to actually trust it. Man if everything died due to prices dropping, then ngl, a lot of things would've already ended up gone. It's the market being the market, ups and downs, highs and lows, it's literally the common sense of the market, don't really see why people still can't get that.

That is right. We already had seen that bitcoin reached $3k before, and many people said that bitcoin would die soon. But then, we saw the price increase step by step and finally reach the new ATH that we do not expect before. Besides that, we know bitcoin is above $30k, and even the price goes down below $30k, bitcoin price will have a chance to increase, and I am sure that will make a new ATH and the price can break $64k. It is about how people believe in bitcoin and still holds bitcoin, and if they are tired of holding bitcoin, they can sell it right now. But they will regret it later when the bitcoin price starts to increase and break the high price.

[RealMalatesta]

We already had seen that bitcoin reached $3k before, and many people said that bitcoin would die soon. But then, we saw the price increase step by step and finally reach the new ATH that we do not expect before. Besides that, we know bitcoin is above $30k, and even the price goes down below $30k, bitcoin price will have a chance to increase, and I am sure that will make a new ATH and the price can break $64k. It is about how people believe in bitcoin and still holds bitcoin, and if they are tired of holding bitcoin, they can sell it right now. But they will regret it later when the bitcoin price starts to increase and break the high price.

It will be basically the same, people keep calling bitcoin dead almost all the time and that is like the norm in the crypto world, there are some people for some reason (different reasons) who keep calling bitcoin dead or dying. These could be any type of person, it could be people who just hate crypto from the first time they heard, people who invested and lost, people who didn't invested and envy, people who invested and made money and just do not want others to make the same, people who work for banks and such, basically there are tons of type of people who would be willing to do this.

Long story short we are talking about something that would be just not valid and would be not something we would be willing to listen as crypto people, I personally do not believe that the same could happen here where bitcoin "dies", it will surely not die.

[UnDerDoG81]

I dont understand why people here even reply seriously to these daily idiotic newbie threads?

[michellee]

We already had seen that bitcoin reached $3k before, and many people said that bitcoin would die soon. But then, we saw the price increase step by step and finally reach the new ATH that we do not expect before. Besides that, we know bitcoin is above $30k, and even the price goes down below $30k, bitcoin price will have a chance to increase, and I am sure that will make a new ATH and the price can break $64k. It is about how people believe in bitcoin and still holds bitcoin, and if they are tired of holding bitcoin, they can sell it right now. But they will regret it later when the bitcoin price starts to increase and break the high price.

It will be basically the same, people keep calling bitcoin dead almost all the time and that is like the norm in the crypto world, there are some people for some reason (different reasons) who keep calling bitcoin dead or dying. These could be any type of person, it could be people who just hate crypto from the first time they heard, people who invested and lost, people who didn't invested and envy, people who invested and made money and just do not want others to make the same, people who work for banks and such, basically there are tons of type of people who would be willing to do this.

Long story short we are talking about something that would be just not valid and would be not something we would be willing to listen as crypto people, I personally do not believe that the same could happen here where bitcoin "dies", it will surely not die.

Those people who say that bitcoin will die soon are people who know about bitcoin better than other people. They want to make people panic and sell their bitcoin, so those people can buy bitcoin at the lowest price because once people panic and selling fast the bitcoin, that will make their jump down to the lowest price. Those people are waiting for that moment and they still use many things to make people panic.

But I guess this moment is different than a few years ago which people do not just follow whatever other people say and they tend to search for the other info to make sure about what is happening with crypto. We need to do like that and not eat that word without search for the additional info so we can get in their trap and sell our bitcoin without making a profit.

[rhodelmabanal]

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've always hear a statement that says bitcoin will die but look at what happened, bitcoin almost reach 60k$ above, if we will decide depending on what we hear maybe we will not get a big amount of profit in crypto. I think we need to decide depending on what we believe and trust, we don't need to worry about negative feed back or bad speculation or prediction, believe me no one can predict the exact date of the huge falling of the bitcoin price. Who knows it will rise again?

[chikading2016]

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 it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible.  We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.

[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?

I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible.  We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.

well, the words dead or dying seems like an exaggeration. at this time, I feel that the price of bitcoin is indeed in a bear market, but it is possible that the price will return to normal and rise higher at the end of this month, or in the next month well, besides, the current price is still higher than the price in the previous year.

[Kong Hey Pakboy]

If we start adding these obituary threads on a website then I feel we might create a new forum for obituaries..

It is of no use to tell these people about Bitcoin, they don't come out of their holes or just pretend to be inside one.

Obituary threads area pretty good idea but I don't think that it will be of good taste to do that. The reason that people don't get out of their holes is because they became too comfortable in it that they don't like the idea of going out of it to hear the truth.

[leea-1334]

I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible.  We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.

All we need to do is go back to the previous years where Bitcoin did ATH and then look at the following year or two and see the same questions people are asking now. Will it die,,, will it stagnate,,, it is all no longer valid to ask as Bitcoin is too big to die. Will it turn into something else? Will it stabilize? Maybe.

[DOH!]

I never seemed to think that there would be any end, the value of bitcoin is limitless.  Although the market and the short-selling guys are similar to 2017, the market here is different, their insensitivity will be at the expense of dumping.  Holding the $31k bottom, I believe what they're doing will see big consequences.  The fight to 100k is still on the way, no hesitation, buy and hold.

[FanEagle]

I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible.  We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.

All we need to do is go back to the previous years where Bitcoin did ATH and then look at the following year or two and see the same questions people are asking now. Will it die,,, will it stagnate,,, it is all no longer valid to ask as Bitcoin is too big to die. Will it turn into something else? Will it stabilize? Maybe.

That is because there are tons of new people each time. Remember bitcoin is nowhere near the fiat levels yet, people use dollars OUTSIDE OF USA, more than they use bitcoin, think about the difference, I am not talking about how much dollar is used because that would be normal, it is a national currency of a nation that is probably the biggest economy or maybe second now, but we are talking about it being used more outside of its nation than how many people use bitcoin.

In that case that means there are newer people every single day, when there is a huge rush and the price goes up like crazy, some people make a good amount of money without any knowledge at all, why would they, they go "lol doge uwu" and make a thousand dollars in a day, so they never learn anything and when things start to go down, they go crazy over what may happen, and we get these topics.

[DarkIT]

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?

Firstly bitcoin won't die at any point. The traders in bitcoin was increased twice or thrice every year.These mean, the government control on people was huge deviated.The traders keep investing their money and make the trading live.Without the liquidity, the trading will not successful one till now.

[acener]

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?

LOL it wouldn't die it would just fall down but surely it would rise up again so relax.
It isn't the first time Bitcoin falls that hard and for sure it wouldn't be the last crypto has been like that before.
Just think of it as Summer Sale of Crypto  .

[molsewid]

It will be basically the same, people keep calling bitcoin dead almost all the time and that is like the norm in the crypto world, there are some people for some reason (different reasons) who keep calling bitcoin dead or dying. These could be any type of person, it could be people who just hate crypto from the first time they heard, people who invested and lost, people who didn't invested and envy, people who invested and made money and just do not want others to make the same, people who work for banks and such, basically there are tons of type of people who would be willing to do this.

Long story short we are talking about something that would be just not valid and would be not something we would be willing to listen as crypto people, I personally do not believe that the same could happen here where bitcoin "dies", it will surely not die.

As far as i know this same kind of question were answered by bitcoin in a repeat process, this is my third to fourth time I have read the thread questioning the possibility that bitcoin may die, if this huge price dropped is the time to say that bitcoin is over and so on. Personally I used to refused to make myself believe that a possibility that bitcoin may be over because for me the crypto market wouldn't be a crypto market without the existence of bitcoin. So for me it's a NO that bitcoin may die this summer or so.

[Rajamuda]

Don't think short, this is like predicting one thing that is really easily influenced by various things that will happen, however bitcoin will not sink easily, its character or role is so strong from time to time, don't just look at the bad side, basically its popularity was increasing.

[romero121]

Don't think short, this is like predicting one thing that is really easily influenced by various things that will happen, however bitcoin will not sink easily, its character or role is so strong from time to time, don't just look at the bad side, basically its popularity was increasing.

Popularity increases, but the massive volume is getting into the hands of limited person. That popularity doesn't help the layman. Now it has been turning to be rich man's asset, because they keep on manipulating the market and benefit out of it. The common man who tries to make few pennies were made to suffer. I don't say it is the mistake of the corporate/common man. There needs to be something specific in terms of accumulation and People should have an understanding not to fall for FUD.

[lkjhg]

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?

you talk about the death of Bitcoin? hey wake up and look in the mirror, are you still healthy?
think good mate, look at the news, a lot of bitcoin adoption has taken place, and you think bitcoin is going to die?
it can't happen, big countries alone will not be able to destroy Bitcoin, because its decentralized nature makes Bitcoin always alive

[Distinctin]

It is ridiculous to hear, become dead this summer? we're almost done with the summer and as we can see Bitcoin prices are still above $30k. I think that was enough to prove that you are wrong.

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?

you talk about the death of Bitcoin? hey wake up and look in the mirror, are you still healthy?
think good mate, look at the news, a lot of bitcoin adoption has taken place, and you think bitcoin is going to die?
it can't happen, big countries alone will not be able to destroy Bitcoin, because its decentralized nature makes Bitcoin always alive

Yeah, I don't know what OP is talking about, or he just dreaming thinking of the dead and he just saw Bitcoin beside him.

Anyway, he absolutely doesn't know about Bitcoin and that is how he responded to the current situation. Some people (and even before) had to think negatively once seeing the market is declining.