AmoreJaz
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June 17, 2022, 11:59:21 PM |
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They will never change when it's about bitcoin dropping from its all time high. The same thing has been said when it's still on the top, they keep telling that it will go down and then it does. Now that it has came down, they'll keep telling on the same thing about its decrease and they never get tired of it. It's true that even if bitcoin goes to 6 digits and it's likely the bottom of it, they'll tell again that it's dropping and almost dead. Well, that's always been the context that they tell.
we have freedom of expression, hence, everyone is entitled to express their thoughts and ideas. we can't stop people from speculating the worst because that's part of our human nature. also, it will give us idea on how to tackle the worst possible scenario. it may not happen, but at least we are ready for this situation. we may have heard this countless times - bitcoin is dead. and yet, here we are, still surviving and the good thing is - more and more people are now getting involved in this market.
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yhiaali3
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June 18, 2022, 02:31:09 AM |
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Yes, absolutely true, I thank you for your effort in collecting these optimistic images because they summarize the history of Bitcoin and the nonsense that is said at every drop in the price of Bitcoin. They do not get tired of repeating these trivial words like parrots and never learn, if they really understood the lessons of history, they would stop this nonsense, and understand that Bitcoin will rise and come back stronger than it was as it did every time.
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kaseygriffin
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June 18, 2022, 02:43:09 AM |
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Something I've always felt grateful for from this market, especially BTC, because it has been profitable for me personally. After years of being in this market and seeing the decline or the growth in each phase, there is also a bunch of news and conspiracy theories related to it that I have read and it probably doesn't bother me much. I also only see it as part of the work for BTC to win the trust and attention of people, and those who love it will always find joy.
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NotATether
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Now imagine for a second that Bitcoin was at $2 million to the dollar and it does crash to $1 million to the dollar. "Bitcoin is dead!" says everyone who bought it when it was at $1.5 million two years ago. But they are forgetting that by then the market value of Bitcoin would be inside the hundreds of trillions so such a statement would sound ludicrous in that light ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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turneps
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umachit.fund
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June 18, 2022, 05:09:40 AM |
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when they say bitcoin is dead again it's time for me to buy more at this price. Thank you for compiling these quality images.
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Daapi
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June 18, 2022, 05:44:34 AM |
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Bitcoin has been declared “dead” at least 2 times a year since 2010. Ignore it.
Every time it’s come back from the dead with a 5x recovery (or more).
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Smack That Ace (OP)
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June 18, 2022, 06:07:17 AM |
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Guys, I just saw one more interesting thing from CNBC articles, whether the current 20k price is the lowest bitcoin price in this bear season is still unknown? But looking at their articles, the $225, $2500 and $23k price levels are the all-time lows in each bear season and their gap is x10. So if my thinking is correct then the low of bitcoin next bear season will be $230k.LOL ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So what will the next bull season's ATH be? when bitcoin fell to an all-time low of $230k in bitcoin during the bear season?. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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pealr12
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June 18, 2022, 06:09:24 AM |
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Maybe the next bull run btc will go as high as 100k and those who are busy selling now will fomo back in at ath and then sell when it crash down to 50k and then they will spread different fud on how they lose money on btc when they refuse to learn and understand the market circle.
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Bitstar_coin
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June 18, 2022, 06:27:02 AM |
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I assume CNBC also have different headlines of every btc ATH as much as they have for btc crashing. It is somehow weird how quick these media outlets can make publications about btc price dip and not ath. Btc is the only asset that has been declared dead so many times and resurrected the same amount of time. That should tell us something! Good findings @Smack That Ace, perhaps for btc to crash to $230k it should have hit an ath of about $1million (just a wild guess, no calculation involved) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And then CNBC will yet again publish another headline.
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Apocollapse
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June 18, 2022, 06:34:42 AM |
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To be fair CNBC also mention the inflation rate of US dollar is increase 8.6%, highest since 1981 so this mean they're not against about Bitcoin, but they're making news to get traffic. Many people scared of the Bitcoin volatility that decrease around 60% from it's ATH, but they're not scared of holding fiat money will always decrease the value in every year. They're working and got paycheck, they save on banks in order to get more money from the interest, but the inflation is higher than the return itself.
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btc78
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June 18, 2022, 07:18:56 AM |
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To be fair CNBC also mention the inflation rate of US dollar is increase 8.6%, highest since 1981 so this mean they're not against about Bitcoin, but they're making news to get traffic. Many people scared of the Bitcoin volatility that decrease around 60% from it's ATH, but they're not scared of holding fiat money will always decrease the value in every year. They're working and got paycheck, they save on banks in order to get more money from the interest, but the inflation is higher than the return itself. If only they do understand what they are doing , that they are relying their Money in banks that only Brings cheap profit or interest per Year comparing to what they can earn in crypto in 3-4 years of holding . This is also the reason of the government disagreeing in crypto because if people get to understand this market? for sure banks will be dead in a matter of 5-10 years because why would people need to send to them when they can keep hold of their own funds in their wallets.
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teslag
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June 18, 2022, 07:45:46 AM |
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This changeable rise and fall of Bitcoin makes it a parlous investment for numerous, and the recent crash in the cryptocurrency request means numerous devoted crypto possessors are going back to cash. It's not just Bitcoin. The whole cryptocurrency request has seen a drastic fall lately.
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BitcoinPanther
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June 18, 2022, 08:32:52 AM |
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I don't find any wrong with the news report about BTC plummeting to x price. It is the truth, and it is their job to sensationalize their news. The problem lies with those propagandists that take advantage of the Bitcoin price nosedive news and spread FUD and get on with their motive of defaming BTC. It often fails so why make a big issue of it? This changeable rise and fall of Bitcoin makes it a parlous investment for numerous, and the recent crash in the cryptocurrency request means numerous devoted crypto possessors are going back to cash. It's not just Bitcoin. The whole cryptocurrency request has seen a drastic fall lately.
True, we are just focused on Bitcoin and cryptocurrency because this is what this forum is about. Anyway, that Bitcoin history price shown in OP is just proof that there is nothing to worry for today's Bitcoin price crashing below 19k. The bitcoin market will recover, just hold tight expect for the worst and withstand the worries and temptation to sell. Because we might see another breath taking ATH when Bitcoin market phase transitioned to Bull Market. Guys, I just saw one more interesting thing from CNBC articles, whether the current 20k price is the lowest bitcoin price in this bear season is still unknown? It looks like the Bitcoin market crashed to $18k-ish barrier But looking at their articles, the $225, $2500 and $23k price levels are the all-time lows in each bear season and their gap is x10. So if my thinking is correct then the low of bitcoin next bear season will be $230k.LOL ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So what will the next bull season's ATH be? when bitcoin fell to an all-time low of $230k in bitcoin during the bear season?. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Might be $100k first since there is a possibility that next ATH would break $200k barrier.
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so98nn
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June 18, 2022, 08:51:37 AM |
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Nice one, Im laughing on CNBC actually how they have promptly followed bitcoin every time it fell below it's resistance level and again made it to the next ATH. They are so consisdtent every year. Lolz. I am pretty sure they have forgotten that they were the one's who published the same news over and over again when bitcoin went below its critical point and they are the one who also published it's up surge. So funny. This proves only one thing, be consistent in holding, lets keep up with normal routine. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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darkangel11
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June 18, 2022, 09:18:32 AM |
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I'll start by saying that I haven't sold anything since 2021 and still hold 80% of my bitcoins from 2016, but the price is looking the weakest I've ever seen it. It's not about the price in USD but the way it goes down week after week without any comebacks and retests. This is not normal even for Bitcoin. Looks like all that hype that institutions are coming to bitcoin is unwinding and it's going to end with a headache for all of us.
For me personally even $3k is nothing because I held all the way from 1k to 20k and back down to 3k, so if we were to fall down to 3k again I'd still hold, but it's painful to watch how a stupid USD pump can bring something that's being traded all around the world down.
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Wind_FURY
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June 18, 2022, 09:37:43 AM |
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Anyone who, especially an"influencer", tells you that Bitcoin is "dead" merely wants to buy at the lowest possible price at this point of Bitcoin's existence. The two bear cycles before the current one, is what they truly believed to be "Bitcoin is dead", but currently it is "buy the DIP". Mainstream investors have already learned, the hard way, and have accepted that Bitcoin will NOT die. They want the REAL DIP. The GOLDEN OPPORTUNITY. The GENERATIONAL BOTTOM.
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kryptqnick
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June 18, 2022, 10:07:03 AM |
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Thanks, op, for making a wonderful thread. I love it how it doesn't only contain facts, but also screens from news of the same media outlet over time, and a pretty reputable outlet. I believe that Bitcoin will get out of this, just like always before. I am not sure how long it will take or what the bottom will be this time (I thought it would be $20k, but we're already moving even lower). But I am determined to wait it out if I can, and I hope many will do the same and won't lose money on panic selling.
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bitbollo
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June 18, 2022, 11:39:38 AM |
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https://99bitcoins.com/bitcoin-obituaries/ ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F5j40pqx%2FSchermata-2022-06-18-alle-13-39-14.png&t=665&c=S-kCsYhqEJkVgw) Currently bitcoin has died around 452 times! The various obituaries are collected on this site (click image or link above). These comments in the newspapers seems are created precisely to prevent new investors from entering this sector and people inquiring about the "reality" of things or how this technology really works.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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markvin
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June 18, 2022, 11:40:01 AM |
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I belive that BTC will rise again and be at least 50k
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eddieyan
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June 18, 2022, 11:41:17 AM |
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Not really dead, just temporarily skid off.
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