Bitcoin is dead!

[lovesmayfamilis]

News outlets and bloggers need a headline like this because if they don't get the views or the clicks, they might not get paid. This is my second time experiencing this event since I became a full-fledged Bitcoin HODLer. Nowadays, my two favorite pastimes are watching videos on the history of bitcoin and watching MTV Base. While the former gives you hope, the latter furnishes you with good music that relaxes your mind.

Absolutely right. And that is precisely their role. If it happens that bitcoin turns around and starts to rise, these agencies will not blink an eye, saying that this is what they predicted.

For anyone who believes such analysts, it's time to turn off the electricity for their own good. Turn off your computers and don't read the news.

I wonder how many topics about the death of Bitcoin were created on this forum during the time of its sharp fall.

But why don't we see those hysterics afterward who agitated us to sell and save our lives?

[KingsDen]

Why will you tell them to zoom out?

They wouldn't zoom out, they are comfortable where they are.

Don't buy bitcoin at $69k. No, I will buy, you don't want me to be rich.

Buy at $20k. No, I won't buy, you want my money to vanish

[Bitcoinking99]

Bitcoin is dead, in fact, the situation seems to be right now.4 months ago but the price of Bitcoin in the currency was around k 60k like the dollar. Now the price of Bitcoin is only 20K.Bitcoin is now in decline.The price of the coin could go down further. I think it will go down to k 19k.Bitcoin will return to its previous state if we have to wait a long time in the market.

[TheNineClub]

Someone will keep telling you that Bitcoin has collapsed… if you don't zoom out, you won't see the truth.

• January 2015 - Bitcoin plummets to $225
• July 2017 - Bitcoin plummets to $2500
• June 2022 - Bitcoin plummets to $20K

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.

13 years is not that long as you make it to be and ups and downs do not tell us if BTC will stay or disappear, but I am 100% certain that it's just a step towards some better solutions. However, you are right that people have been repeating the same lines cycle after cycle without any definative proof and that just sets a bad example in the community.

[noormcs5]

Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it  

Such drama in this world. This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.

That's what surprises me MOST. You know Holding is the key, I know holding is the Key, Investors knows Holding is the Key, Retails know holding is the Key., then why no one is Holding and it keeps dumping:
Well, you can argue that newbies are the ones who are dumping because of lack of knowledge, but common, newbies investors don't have that much money to bring the market so low. It seems so that everyone is dumping and no one is HodLing.

[Doan9269]

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.

Lots has been said about bitcoin in different like manners but the reality fact remains constant that bitcoin remains a valid means of exchange for payment of good and services, then what is dead about it, the value never deminish neither does anyone of those people going against bitcoin understand the future itbhas come to cover, by now we that are bitconers have no any traces in doubt over the volatility moves in price because we understand all it's made up to rise and fall

[LogitechMouse]

This is the reason why I don't read articles from popular news sites like CNBC or even Cointelegraph etc. or maybe I should say that I'm not a reader of articles online at all . I knew that somebody will tell that quote again now that we are in a bear market, but I wonder why nobody said that phrase last 2020 when the COVID has announced as a pandemic.

Many will try to tell negative things about Bitcoin while me, I'm just chilling here on the back while accumulating more Bitcoins . I'll be more patient this time and will not miss the opportunity like what happened in 2020. Newbies and investors who are panicking can just sell their Bitcoins at a loss because there will be intelligent investors who will still buy Bitcoins. Intelligent investors are buying Bitcoins at the bottom and newbie investors are buying at the peak.

[rdbase]

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).

It has been declared so called "dead" offically 377 times according to main stream media headlines.
Here is a nifty website to see the dates and headlines that caused them to declare it dead.
https://www.bitcoinisdead.org/

Although 99bitcoins has declared it dead 452 times.
https://99bitcoins.com/bitcoin-obituaries/

edit:

https://99bitcoins.com/bitcoin-obituaries/

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.

You beat me to it @bitbollo!
But take those numbers with a grain of salt.

[pkersey]

Good post  If you go WAY WAY back , I believe bitcoin went from $23 and crashed all the way back to $1.

[stomachgrowls]

This is the reason why I don't read articles from popular news sites like CNBC or even Cointelegraph etc. or maybe I should say that I'm not a reader of articles online at all . I knew that somebody will tell that quote again now that we are in a bear market, but I wonder why nobody said that phrase last 2020 when the COVID has announced as a pandemic.

Many will try to tell negative things about Bitcoin while me, I'm just chilling here on the back while accumulating more Bitcoins . I'll be more patient this time and will not miss the opportunity like what happened in 2020. Newbies and investors who are panicking can just sell their Bitcoins at a loss because there will be intelligent investors who will still buy Bitcoins. Intelligent investors are buying Bitcoins at the bottom and newbie investors are buying at the peak.

If you've been here on this market for a while specially into those events where crashes and deep corrections happen then these kind of articles won't really be something that new or you wouldn't really get shocked on times like this but for noobs into their first experience then they would really be freaking out with these kind of headlines.

Bitcoin is dead? It's already 400+ times. LoL
https://99bitcoins.com/bitcoin-obituaries/

So don't make yourself freak out on these kind of times which turns out to be normal.

[laurenB7742]

Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it  

Such drama in this world. This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.

That's what surprises me MOST. You know Holding is the key, I know holding is the Key, Investors knows Holding is the Key, Retails know holding is the Key., then why no one is Holding and it keeps dumping:
Well, you can argue that newbies are the ones who are dumping because of lack of knowledge, but common, newbies investors don't have that much money to bring the market so low. It seems so that everyone is dumping and no one is HodLing.

Not only newbies but also miners, you know they make a decent amount of BTC and that amount is enough to make a dump at the end of the month or a quarter of the year.

Not only 1 factor is lying for such kind of significant correction. when people see the stock market reach its monthly closed zone they start selling because of their panicking. Whales come out at that moment to push the drop a little more and all newbies/new traders/short traders start selling their shares.

If they sell their share peacefully by stopping their mouth that would be fine, but after selling their share they start shilling and making the situation worst.

[Newlifebtc]

Bitcoin is not dead what matters for bitcoins is the long structure of life. Bitcoin increase and fall does mean that bitcoin is dead i can agree that bitcoin is no more when the price reached 1000k, what people is campaigning is to kill the use of bitcoin and i will not that information that people of short hope is having for bitcoins

[Jatiluhung]

now btc has dropped to around $18k. many also say that the potential continues to fall. But looking at the purchase order book is also getting crowded. So I'm sure those who buy today are lucky people if they can hold it strong. because even when looking at the history of the decline in btc. then we will also be treated to that after going down a lot then btc will go up much more than its decline. an example like the OP's post.

[Hypnosis00]

Everyone has encourage to hold their Bitcoin at this time but not all are going to follow and that was because of having different mindset and market view. These weak hands won't do that for sure but rather think negatively and sell them. Oh, let them do that as we care about to catch their Bitcoin, in fact, many were still waiting for the bottom price and these panic sellers are the solutions.

Panic selling, dumping of coins -  we either prepared for that scenario as we can no longer urge people to take care of their asset but have let it go.

 

[tabas]

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.

We've been dealing with the worst scenario of bitcoin and the market has also never changed. They are there not to praise even if they've seen the bull run, all they tell is the negativity that they spread no matter what the season is. And now that the market has come into the bear, they're even more eager to say what they have to say negatively because it's favoring them. But no matter what they say, those that have experienced greatness and the saddest moments of their bitcoin journey will never be moved by these entitled speculators.

[AakZaki]

13 years is not that long as you make it to be and ups and downs do not tell us if BTC will stay or disappear, but I am 100% certain that it's just a step towards some better solutions. However, you are right that people have been repeating the same lines cycle after cycle without any definative proof and that just sets a bad example in the community.

No, how long the crator topic known bitcoin? So far if this authorr think the price drop is death they have to learn again. Many friends here have learned bitcoin from scratch. They have understood how unstable bitcoin is. That makes them understand the Bitcoin cycle a little bit. So that they are quite calm in the face of this. Even though there is currently a lot of news of macroeconomic status that is being bad I think the current price is still reasonable. The price of bitcoin has not exceeded the decline after the high of 2018 was almost about 80% of ATH.  I hope the market is still optimistic that this cycle will repeat itself and will meet new highs.

[decodx]

According to Bitcoin Obituaries, Bitcoin has died more than 450 times so far, therefore, it's foolish to think it will disappear anytime soon. People who believe Bitcoin and blockchain are a scam and will disappear are the ones who will most likely disappear themselves.

[Yamifoud]

now btc has dropped to around $18k. many also say that the potential continues to fall. But looking at the purchase order book is also getting crowded. So I'm sure those who buy today are lucky people if they can hold it strong. because even when looking at the history of the decline in btc. then we will also be treated to that after going down a lot then btc will go up much more than its decline. an example like the OP's post.

We can see a huge buyer demand but we can also see the high selling demand makes the market doing deeper. It is still going to imagine that many were still not change their mind and easily get panic, I'm not sure but these newcomers have been causing this tragic drops as those old-timers had made their way to holding after having an experience in the past.

Bitcoin is dead, collapsing - everything we heard negative can be possible at this time but having said, only strong hands live and are willing to take risks while weak people don't deserve it.

[tomahawk9]

Yes, he is very low. You think is it time to buy??

Probably
If you have the cash and you want to invest now and go for the long-term, then sure go for it, buying under 20k sounds like a good entry-point. Just remember that you'll try to catch a falling knife, price isn't stable and could go much lower, but hey if you want to buy cheap then at some point you gotta pull the trigger, right? Just understand the risks, once you know what to expect, buy and hodl until X price target

[isaac_clarke22]

~

Bitcoin is dead for more than 400+ times and it would be like that a lot of time. Same goes to Ethereum though I don't want to compare them both.
This current market situation is just going to be another entry in Bitcoin Obituaries.
Been holding Bitcoin since 2017, so this price does not really going to move me even an inch.