Are we gradually approaching towards the end of Bitcoin?

[Jody.Drummer]

I hate it when people say "It's the end of Bitcoin" when market prices are falling down the drain.

"It's the end of Bitcoin" things like this are always said when bitcoin is experiencing a correction even this word always rings when a decline occurs because the fact is not only now they say this but every decline and other facts also bitcoin is still not over until now
But indeed this is actually quite natural maybe some of them care too much to the point that they worry about bitcoin holders so saying things like this again and again lol. Don't care too much about this kind of thing friends because hating people who say things like this is a waste of your time. Bitcoin is still Bitcoin it doesn't really matter what people say what's important when we believe then just keep it that way.

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[_BlackStar]

On the contrary, we are still at the beginning of the road, Bitcoin and the cryptocurrency market will witness a great boom in the coming years, the collapse of some companies does not mean the end of the road, this always happens even in the real world, many large companies and banks  also have declared bankruptcy in Previous, but this did not mean the end of the dollar, as you can see, these difficulties have occurred before in the history of Bitcoin and it came out stronger than it was, so you have to be optimistic and forget that hype about “Bitcoin is dead”.

The fact that one or two companies went bankrupt after getting involved in the crypto world will prove nothing about the OP's concerns about the future of bitcoin. It is a natural thing to happen to any business regardless of whether it is related to crypto currency or banking, real estate, and etc.

OP just needs to understand that this market is highly volatile and can make it profitable and losing over a period of time. Actually he knew that this bitcoin investment would have a lot of potential, but he was too worried about the possibility of a worse price drop in the future that he just thought that the stage of collapse was imminent.

Remeber for this one:

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

[AmoreJaz]

I hate it when people say "It's the end of Bitcoin" when market prices are falling down the drain.

"It's the end of Bitcoin" things like this are always said when bitcoin is experiencing a correction even this word always rings when a decline occurs because the fact is not only now they say this but every decline and other facts also bitcoin is still not over until now
But indeed this is actually quite natural maybe some of them care too much to the point that they worry about bitcoin holders so saying things like this again and again lol. Don't care too much about this kind of thing friends because hating people who say things like this is a waste of your time. Bitcoin is still Bitcoin it doesn't really matter what people say what's important when we believe then just keep it that way.

we will hear this as long as btc is alive in the market. people are free to speculate and say what they feel in this market. so it is no surprise if btc has been dead countless times throughout this period. but if you think you can take advantage of the current price, why not collect as much as you can. but as a holder, you should know when to sell off so you won't be losing when the time comes.

[FlamingFingers]

Quite funny that some people still think that bitcoin will go extinct, it is never and can never be possible for bitcoin to go to zero, those who have been trading bitcoin when it was at two digit figure witness a crash that is more dreadful than this, for bitcoin to survive such crash, definitely it will survive this also, just that no one knows when exactly the dump will end for the next bull run to take place, there is nothing like the end of bitcoin, you can only watch out for the end of bear market and beginning of bull market, and this is how it's gonna be rotating till eternity

[Vaskiy]

We don't know what is the ongoing market trend. Whether it is bearish/bullish or correction, we can't get into a conclusion. Whenever there happens a decline in the market price automatically there arises statements of bitcoin towards the end. So, this isn't something a big thing to me. The market is upon trust, because in its early days if those early adopters haven't believed now bitcoin could've never been this high. We trust and it'll make us experience the growth.

[Silberman]

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

I will suggest that you read the posts in the forum which were made after a significant drop in the market on the previous years and you will see the same thing repeated over and over again, people have been claiming that bitcoin is dead since it was created and yet it is still here with a massive market cap and tens of millions of users worldwide, bitcoin is not dying, this is just the natural result of the bull market and nothing more, was the decrease a little bit larger than expected? Yes, but there have been bigger crashes in the past and bitcoin will eventually recover from this as it did before.

[savetheFORUM]

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Anyone who thinks that bitcoin will eventually "end" could sell their coins and leave, there is no power in the world that could stop you from selling your coins and getting out. I personally believe that the best thing we could do is collect all the coins these people sell, and people like me who are maximalist of crypto would be able to just hope for the best and make a ton of return.

That way, we would be making a profit and be happy, but people who end up thinking it would go down and be bad, could end up not making any profit and be sad to watch bitcoin go up. That’s all I think will happen, it is going to be high, and people who got out would be unhappy about it.

[uneng]

There aren't signals we are gradually approaching to the end of bitcoin. We are just living a bearish market and that is all. Bitcoin is still being used, adopted and endorsed by lots of investors and businesses. Some people are buying their first coins, while others are growing their holdings and others are launching their crypto related businesses. The market has slowed down, but hasn't stopped.
I believe if bitcoin was going to die, adoption and price would be in much lower levels. Moreover the number of crypto companies going bankrupt would also be higher, instead of some isolated cases we are seeing for real.

[Quidat]

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Anyone who thinks that bitcoin will eventually "end" could sell their coins and leave, there is no power in the world that could stop you from selling your coins and getting out. I personally believe that the best thing we could do is collect all the coins these people sell, and people like me who are maximalist of crypto would be able to just hope for the best and make a ton of return.

That way, we would be making a profit and be happy, but people who end up thinking it would go down and be bad, could end up not making any profit and be sad to watch bitcoin go up. That’s all I think will happen, it is going to be high, and people who got out would be unhappy about it.

Some are just trolls who are trying to freak out those new people who had just recently just into this market and some are to those people who are just new and easily believed that this is already
the demise of bitcoin or end of it with just seeing these declining prices without even trying to realize on whats happening on the market as of this moment which is something that
is really a normal one where price could dump and price could increase and this is where volatility do really make significant effects whether you do profit or you do lose money.
We arent going to end as long the support is there and considering on top 1 then its almost close to impossible.

[gunhell16]

Saying that something else will take place of bitcoin is like saying some other fiat will take place of dollar. Even then lets take this argument as true, What will happen. With the current holdings and the value  of bitcoin it will take a tleast 5 years to any altcoin to generate the market value and customer base as bitcoin has.
Moreover any alternate currency too will need to provide a very strong safe and meaningful system for  safe transactions.
If you see most of institutional investors are still choosing bitcoin as their first choice, because the market trust that bitcoin carry is still far more than any other alt coins and bitcoin will stay on top for a long time

this is bitcoin which is different from altcoins and will run as a track recorder and transparent transaction example without intuition that provides rules or promises interest rates as a deterrent to inflation and altcoins come as a complement to the technological demands and transactions of bitcoin, is needed by society today even though on the way altcoins as newcomers are often ridden by scam projects and cannot develop so they are dead and worthless

Not all altcoins in the market are dying Sir I just want to correct you for what you said and not all altcoins are scams, maybe the others are but not really.

Then we can't stop the rise and fall of the price of Bitcoin, the important thing is that you believe in the future that Bitcoin can help you give you a good profit at the right time and place.

[LogitechMouse]

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Hell NO!!!!
These also happened in the past but Bitcoin is still there. There are many saying that Bitcoin is dead blah blah but it is still here. Just because of institutions making bad decisions that you will say that Bitcoin will end? Maybe it's your first time to see Bitcoin moving like this that's why you are like others who are panicking right now saying that Bitcoin is dead or Bitcoin will end here or any shit that you can say to it.

Bitcoin will stay as long as there are supporters of it and right now, adoption is still increasing despite the bear market. People getting involved into crypto are increasing. Don't say that it will end just because of some news out there.

but something else takes the top spot.

Who will take the top spot if I may ask?

[bakasabo]

I open coingecko and see almost a trillion of market cap and according to me, this does not look like an approach to an end. These money can not just disappear. Moreover, I cant imagine something where these money can be invested. Stocks? Are there such companies that offer so many stocks or wont investing in them make huge negative changes in economy?

Everyone are just worried about drops, but I suggest just to increase by 1 "Bitcoin death counter" and move on.

[Kasabus]

If it is said that this will be near the end of bitcoin, then how in the past when bitcoin crashed worse than today. right now BTC is still in the $20k price area and this is still very high. The decline will definitely occur, after that the bull market will come back, we just need to be patient and prepare cold money to buy bitcoin and some supporting altcoins.

What happened today is not new to us since bitcoin has already reached its cheapest value already when it settled at $3k, afterwards it quickly recovered and reached a new all time high. So it was never a dead end for bitcoin, because it’s just a part of a long term bearish market. Now, history repeats itself. And even if bitcoin hits another bottom price, it will never collapse but only drop for a while and then end up recovering.

[_BlackStar]

Surprisingly, in the article I did not find a single word about bitcoin or any reason that said bitcoin had a bad impact on the company that was about to be liquidated. I would like to know what the problem is and why it could be linked to the future of bitcoin. But the fact is that the collapse of Three Arrows Capital has nothing to do with bitcoin. However, this is the reason behind the chaos of Three Arrows Capital based on the explanation in the article.

Source: https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

The crypto landscape is experiencing tumultuous change amid a collapse in valuations of assets such as stablecoins - digital currencies pegged to the value of assets such as the US dollar or gold.

[cheezcarls]

Huh? End you say? Dude did you know that Bitcoin has already “died” many times but got back up again much stronger? I assume that you are one of those who have bought from the top, but maybe I’m wrong. Why would you say that it’s the end of Bitcoin?

The reality is that Bitcoin isn’t going anywhere no matter how long the bear market will last. It’s here to stay for a very long time even if the 21 millionth Bitcoin was already mined in the year 2140. This bear market is nothing new to us, but yet we’re in a much better position than we was before because of the continuous belief, acceptance and adoption of Bitcoin around the world.

[Abiky]

There aren't signals we are gradually approaching to the end of bitcoin. We are just living a bearish market and that is all. Bitcoin is still being used, adopted and endorsed by lots of investors and businesses. Some people are buying their first coins, while others are growing their holdings and others are launching their crypto related businesses. The market has slowed down, but hasn't stopped.
I believe if bitcoin was going to die, adoption and price would be in much lower levels. Moreover the number of crypto companies going bankrupt would also be higher, instead of some isolated cases we are seeing for real.

Market prices don't determine whenever a cryptocurrency is alive or dead. What really determines the "death" of the coin is the community. If the Blockchain experiences a decline in the number of nodes and miners supporting the cryptocurrency, then you can bet it will die soon. So far, Bitcoin's been doing well with a wide number of miners and nodes backing it every step of the way. The network is still going strong despite the on-going situation with the crypto market. The downfall in market prices is only temporary as a swift economic recovery will get us back on track.

I think the next BTC halving will have a profound effect over the cryptocurrency's price. Bitcoin will probably be in "bullish" mode since investors will be buying more coins due to added scarcity. Of course, we cannot tell what will happen in the future as crypto is widely unpredictable. I'm pretty certain Bitcoin will survive thanks to its decentralized and censorship-resistant design. Just my thoughts

[Reatim]

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

have you just entered this community recently? can't you play backward and make research about how Bitcoin moves over the years and how many times that this same happens mate.
we even had a bad side happened back in each after halving time , and yes we are seeing another pump in the coming years so please never to mention this same words again because End is far from happening here.

[nullius]

OH MY GAWD,
THE END OF BITCOIN!

😿 😿 😿




/s

ps, op, ur dumb. kthxbye.

[ChrisPop]

You make me laugh. So the liquidation of companies with bad management of capital is an indicator for the end of Bitcoin? Read that again and tell me it is not absurd.
Basing your investment decisions on the price of an asset is a recipe for disaster. Learn to differentiate between price and value. Price will intrinsically swing due to market forces, but value will remain constant.

How do you think Buffett made his fortune? Buying cheap - what does cheap mean? --> The price is low in comparison with the value of a company.

[TheNineClub]

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

If we are, maybe it's just so that something new can come about (a change of the guard if you will). Even tho the complete mining of BTC is predicted to be far into the future, that dosen't mean that BTC will survive or be relevant by that time, or even in the near future.