Bitcoin is dead!

[kawetsriyanto]

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

Crash to $200K? Is it a crash or a big pump?
BTC ATH was $69k, people dreamed to be $100k. If it reaches $200k, it is beyond the expectation (miracle).

People who advised "to run", are just eager to take advantage of panicking holders. They expect many holders to sell their Bitcoins, so Bitcoin price will be getting worse (cheaper). At that time, people who advised "to run", starting to buy more Bitcoin as many as possible to fill their bags before the next pump.

Interesting title lol.

Yep. A clickbait title.  
I guessed it was FUD, but he explained contrarily.
Nothing wrong, but I feel like "I have been tricked to read it".  

[xSkylarx]

It's been a norm that everytime it is bear market, people will say what the title is. They are afraid to buy during these times but willing to take a loan just to buy when most are euphoric. This market condition should be expected and people should learn that this is the best opportunity to buy bitcoin that can give them 100% profit from their investment once whales are done accumulating and bull cycle starts again.

[Henrobakkara]

It's been a norm that everytime it is bear market, people will say what the title is. They are afraid to buy during these times but willing to take a loan just to buy when most are euphoric. This market condition should be expected and people should learn that this is the best opportunity to buy bitcoin that can give them 100% profit from their investment once whales are done accumulating and bull cycle starts again.

Right, because they don't understand or have failed to study the history of the Bitcoin market. Bitcoin fell like -84% from its ATH of 2017 and recovered from that. Now since the 2021 ATH, it has dropped about -73% If they were unable to buy at $69k down to $50k and further down to where the price is now $20k+ which even went down below that about $17k+ yesterday and thinking bitcoin is Dead which is no different from the 400+ times Bitcoin has been pronounced dead before, then they don't understand Bitcoin.  

[Dhrugtest]

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

[Taskford]

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

Waiting for 100x is suicide knowing that it need to stretch up its market cap before this one will happen. And its really unfortunate things because if you just learn to settle down on things you have in hand for sure you will not ask for more then settled with low percentage of gain and be more careful on your buying executions and for selling it.

[Dhrugtest]

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

Waiting for 100x is suicide knowing that it need to stretch up its market cap before this one will happen. And its really unfortunate things because if you just learn to settle down on things you have in hand for sure you will not ask for more then settled with low percentage of gain and be more careful on your buying executions and for selling it.

Alright boss thanks for the advice have falling into victims alot of buying dead coins but this shows me how to used up my brain with the crash incident happening right now incase i saw another bulling option.😕🙏❤️

[virasisog]

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experiencing it 😢

It's too visible that Bitcoin could strike higher as time passes by so I wonder why some people still panic and doubt it whenever the market crashes. Most of us witnessed how Bitcoin reached its ATH so we should know its capability and never doubt it. New investors should do their research or at least look back at Bitcoin's history so they could see why it's being called the father of all cryptocurrencies.

[TheGreatPython]

Those who are known Bitcoin for a long time, are not disappointed. In most cases, dumping Bitcoin is a big collapse for new investors. It is important to keep in mind that many investors, including institutional investors are now investing in Bitcoin. At the same time lots of media report negatively to attract investors attention to their channel. Ultimately these activities brings a negative impact on the bitcoin price and it can also be pre-plan form the blue whale. So it is better to buy bitcoin right now and hold it for long time, you will definitely get good return.

It's just an ordinary day, bitcoin will dump and pump on its own time, and now that we are witnessing a bear market run, we should understand that we have to go through this process if we want to witness a huge bull run in the years to come. I believe this bear run will not be short, price may bounce back a bit but bear market will stay for awhile, so what should we do now? easy, just buy and hold.

It's okay for a newbie to doubt about the lifespan of btc but if we that have a long term experience on btc, we can educate them about it so that they won't worry like what you are doing there with your friend. You did a good job there. Yes the price can bounce back at anytime and in fact it is happening already because btc is back up again at over 19k something but its price yesterday is at 18k and many thinks it will reach 17k in the same day since the price decays rapidly but only in small increments.

For those who want to enter btc investing or trading, they should understand that bitcoin is a highly volatile crypto but this is beneficial. There's also stable coins that they can use for a while if they don't want to see a major dip in the price.

[taufik123]

It's too visible that Bitcoin could strike higher as time passes by so I wonder why some people still panic and doubt it whenever the market crashes. Most of us witnessed how Bitcoin reached its ATH so we should know its capability and never doubt it. New investors should do their research or at least look back at Bitcoin's history so they could see why it's being called the father of all cryptocurrencies.

Those who always panic and doubt bitcoin when the state of bitcoin falls as it is today, are those who still don't understand how bitcoin cycles and how the cryptocurrency market cycles. The decline this time is not even as severe as in 2018.

Some people continue to panic as they buy bitcoin at the top price, possibly the $60k area and above. That's because they don't do research and don't have good money management. Bitcoin will definitely hit its latest ATH, after the crash there will be a bull season that will have everyone starting to get into bitcoin, and that's what everyone is waiting for.

[TheGhostMan]

It really is incredible the number of people who are so negative, I understand the situation that arises but they only allow themselves to be carried out by graphic characters, usually they seem to still not know how digital currencies work and more Bitcoin with their volatility. .. patience friends that the negative calls the negative just live without stress and invest that this is the perfect moment since BITCOIN IS MORE ALIVE THAN EVER.

[romero121]

It really is incredible the number of people who are so negative, I understand the situation that arises but they only allow themselves to be carried out by graphic characters, usually they seem to still not know how digital currencies work and more Bitcoin with their volatility. .. patience friends that the negative calls the negative just live without stress and invest that this is the perfect moment since BITCOIN IS MORE ALIVE THAN EVER.

Yes, it is the charts and graphs that keep the people on panic. It is time to enjoy bitcoin than thinking negative. As said patience and trust is much needed qualities when you get into cryptocurrency investment. Same as that you have a capital for investment, you need to have trust and the patience. If not, the market is not yours and staying away is the right choice than stressing with negative thoughts.

[ImThour]

I have made various charts in which I have mentioned that Bitcoin bottom is in, when price was near $20k however It further dropped down some more % to reach a lowest of $17,600.
I am still not quite sure If the bottom is in or not considering the fact that Bitcoin has to see it's first ever recession. Let's hope we don't drop more than 85% from ATH this cycle too.

[PX-Z]

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

I wish i have some courage to make things with this idea.
But unfortunately, this is really a pain in the ass if bitcoin plummet for over 50% in just a month and you do things in crypto for a living. This is where the word hodl is just for those who have lots of spare that it doesnt matter to them what is bitcoin's current situation. But for others it really matters, well, lots here become broke already due to this dump.

[Dhrugtest]

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experiencing it 😢

It's too visible that Bitcoin could strike higher as time passes by so I wonder why some people still panic and doubt it whenever the market crashes. Most of us witnessed how Bitcoin reached its ATH so we should know its capability and never doubt it. New investors should do their research or at least look back at Bitcoin's history so they could see why it's being called the father of all cryptocurrencies.

It's a real father of cryptocurrency officially 😂

[JoyMarsha]

Let the news outlets keep giving negative news to those that want to listen to them. Bitcoin will keep being a safe haven to those that know its worth. As for me, and my household we ain't listening to their negative propaganda to what they want to project bitcoin as. Bitcoin has come to stay, her present market conditions don't define her purpose for creation. Its price has shown countless times that it can't be predicted by mere assumption

[Silberman]

Let the news outlets keep giving negative news to those that want to listen to them. Bitcoin will keep being a safe haven to those that know its worth. As for me, and my household we ain't listening to their negative propaganda to what they want to project bitcoin as. Bitcoin has come to stay, her present market conditions don't define her purpose for creation. Its price has shown countless times that it can't be predicted by mere assumption

While those news are not going to have an effect on us, they do have an effect on those that do not know any better and believe whatever they are told by the media, also this will affect all of those that were having big losses as they bought bitcoin because of the hype and not its fundamentals, and they may exit the market thinking they are protecting themselves from suffering even more losses when in fact they are preventing themselves of ever getting any profits out of bitcoin.

[sklopan]

I don't think that bitcoin will lose many investors in the near future. I read similar headlines quite often, but so far, as we can see, there has been no result.

[spiker777]

CNBC Globalversion  turns out to have the same junk article. I think it's only the local version of CNBC in my country that spreads articles that seem to assume that bitcoin is a bad asset when it drops more than 2%. However, they are also not shy about giving a positive reaction when bitcoin is bullish. This media is not fair with bitcoin, so I choose not to read articles from CNBC anymore. Their quality is very poor when spreading a news about BTC.

CNBC and mainstream media have long lost their credibility. they must not be trusted at all for anything IMO.  if anyone want to know about Bitcoin he must do his own research and check the available history and always take information from valid and legimate sources.

if a mainstream media outlet tells you that Bitcoin is Dead. he's probably bluffing.

[masulum]

CNBC and mainstream media have long lost their credibility. they must not be trusted at all for anything IMO.  if anyone want to know about Bitcoin he must do his own research and check the available history and always take information from valid and legimate sources.

if a mainstream media outlet tells you that Bitcoin is Dead. he's probably bluffing.

Yes, media is no longer the quality of the news that is presented. However, they prefer to make news readable not because of quality but with provocation or clickbait not only on bitcoin and crypto, almost all timelines report mostly just a click bait from title. I myself have rarely read news from mainstream media, I have never even watched TV. Especially when bitcoin and alt crashes, the news is really ridiculous, it makes investing in crypto is the worst.

[OgNasty]

My "friends" who were extremely excited to be buying shitcoins as Bitcoin passed $50,000 and that's all they talked about, are now saying things like, "you're still doing that?"  It's funny how people are conditioned to chase gains and buy high only to sell low. 

If there's one thing I've learned...  When people who were excited at the top become dismissive, it's usually a pretty good sign we're at the bottom.  I know people with nearly free electricity who are shutting down their GPUs now because it isn't worth their time...  These are the folks who were signing up for raffles for the chance to pay 3x MSRP for GPUs only a few months ago.  While the absolute bottom might not be in yet, the signs are starting to show.