Are we gradually approaching towards the end of Bitcoin?

[lionheart78]

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?

Yes, it is too soon to say.  This isn't the first time Bitcoin had a huge crash.  Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH.   If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.

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[kasunrandil]

 90% of crypto projects will die. companies will die. but the best things will survive. peoples psycology wont let bitcoin do die. most of investors are waiting to buy bitcoin at some point. you know 21% of u.s investors have used loaned money to invest in bitcoin. why?? they believe  the technology, they believe decentralization , they believe censorship resistance and many more which offers by bitcoin but not by centalized parties.

[KennyR]

Whether we're approaching towards the end of bitcoin or not, everything is depending on the users self approach towards bitcoin. Some find it an investment that assure with profit in the long term, but with no deadline. Some consider it a technology evolution that can make any changes in the world. So, different users have got difference of opinion. Upon the bearish move of the market there is more fear among the common investors. So, you trust in it and you'll experience the good out of it. Because, already it has died several Times.

[coinsrider]

That's is very unlikely bitcoin and cryptocurrency is to stay here and shall have a future ahead but how must await and see.

[AakZaki]

those who say that this is the end of bitcoin of course they have never experienced a bitcoin crash that is more severe than today.
beginners will certainly panic and give this statement the end of bitcoin. remember that Bitcoin has a lot of support and a lot of community that believes in bitcoin. The current market crash is a good opportunity to buy bitcoin, not stay away from bitcoin.

[Doan9269]

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.

This is going to be a surprise to me if someone like you could join to believe that bitcoin may soon go on an extinct, an end to bitcoin...? Not now and not possible because this is an additional improvised technology that bitcoin has come to save the economy, it's a currency and has better implication than that in fiat, by now i think tou should have understand the real difference between bitcoin and other cryptocurrencies.

[Sanitough]

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?

What is the significance with this cryptocurrency lender to bitcoin? I guess the only reason why bitcoin is heading to a more price decline is that we are currently facing a bearish market, and until the market stays like this, we can never witness for bitcoin and other crypto prices surging. Not that crypto is heading to its end, but it could also mean there will be a great start for bitcoin and the whole market after all of these price declines.

[Quidat]

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.

This is going to be a surprise to me if someone like you could join to believe that bitcoin may soon go on an extinct, an end to bitcoin...? Not now and not possible because this is an additional improvised technology that bitcoin has come to save the economy, it's a currency and has better implication than that in fiat, by now i think tou should have understand the real difference between bitcoin and other cryptocurrencies.

Agree into your other points but not on that saving the economy which we know that bitcoin wasnt created for that or cant really be possibly be happening on no matter what
angle you are tending to look at.It cant really be just possible for Bitcoin to be the savior in terms of economic problems or overall talking in relation to it. Speaking about end
then we do have lots of words that we do hear off specially when the market is going down or declining which is something not really that surprising where people do usually freak
out on times like this without even realizing that recovery would really be just next on line or something inevitable that could happen.

[Fernando Gomez]

Bitcoin crashed in 2018 after a significant boom in 2017. And this is no different. Bitcoin is not that easy to break bitcoin and call it an end.

[BobK71]

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

These kinds of questions come up whenever the bear market starts. if it continuously reducing the price drastically, then everyone raise the similar thought. The current market is being affected by a hype. That is the time of fall. No matter which way the crypto market goes, one of the things that investors are talking about is the collapse. Today we may not see the current situation of the market if Luna or Celsius not spreading the negativity. Most of the investors allegation that they are the victims of the market's predicament by the negative impact of Luna and Celsius. After all it is clear that the market will take little longer time to recover.

[Don Pedro Dinero]

These kinds of questions come up whenever the bear market starts.<...>. After all it is clear that the market will take little longer time to recover.

With the number of times bitcoin has been presumed dead, I'm not worried. Bitcoin today, with the level of adoption it has, it can't disappear. What I do think is that, as you point out, it seems that this bear market is going to be worse than the previous ones. At the moment we are already moving around 20,000 USD and below for a while, and I do not rule out that we are going to try new lows. 

But, the end? No way.

[Stacaato]

It’s definitely not the end, just like how the market behaves, you can’t base every rumour the media spreads and believe it. BTC won’t end but it may take a backseat if something else comes up. That is the circle of life.

[Thara20]

Not in the least. Periods of setback and loss are natural in any field. Bitcoin is yet to unleash its full potential and has stood as the face of cryptocurrency for many years. It won't be waning anytime soon.

I found this article to be a good take on this - https://medium.com/chickeychik/future-of-cryptocurrency-998d0b3aced6

Do give it a read.

[vennali]

The end of Bitcoin had been predicted by many "experts" ever since Bitcoin came to its existence. BTC does have its own flaws which are being looked at as time goes by but I don't see technological advancements fast enough in the next 2-5 years that would phase out Bitcoin.

[Silberman]

These kinds of questions come up whenever the bear market starts.<...>. After all it is clear that the market will take little longer time to recover.

With the number of times bitcoin has been presumed dead, I'm not worried. Bitcoin today, with the level of adoption it has, it can't disappear. What I do think is that, as you point out, it seems that this bear market is going to be worse than the previous ones. At the moment we are already moving around 20,000 USD and below for a while, and I do not rule out that we are going to try new lows. 

But, the end? No way.

No one that has been here for a long time and that understands bitcoin will ever think that it will die all of a sudden just because a bunch of so called experts do not miss a chance to spread their lies, with all the surveillance systems established by governments and private companies we are probably the generation of humans with the least amount of privacy to ever live, and bitcoin gives us some of that privacy which has been lost, how can something that gives us that which we lack suddenly lose all of its value? It simply does not makes sense, which is why we treat those claims as nonsensical.

[Anonylz]

It is very clear our dear op is new in the game, he must not be used to seeing the market dropping this much and at the same time having to read those bad news.
@op don't panic about btc price and get yourself worked up over some news, one thing has nothing to do with the other, it so happens those companies decide to go under the same time the bear market is happening. Btc after every bear market always comes out strong, you can refer to past history for your piece of mind.

[KingsDen]

Yes, bitcoin is gradually approaching the end. It is very clear to everyone.
But there is one important to note about Bitcoin, it has ended so many times and re-started again.

Bitcoin always approach to end in every bear market. Infact, bitcoin is dead. We are patiently waiting for another bull so that it will resurrect
Then, people that refused to buy now, will buy later $50k, and bitcoin will die again in their hands. They will panic and sell off the dead bitcoin, then another bull will come and bitcoin  resurrect.

The cycle will continue and there will never be time that everyone will learn their lessons and trust the process during bear.

[GigaBit]

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?

This kind of news comes only when the market goes into recession. Bitcoin is not really controlled by one or two organizations or projects. Celsius could freeze everything or ruin its position in the market. But Bitcoin will run at its own pace. Actually Blue Whale and Institutional investors are waiting for the position of reduction or dip where some are worried about about reducing the price. Finally, I will say one thing, where your end, some one will start. Once the bearish market is crossed, the situation of Bitcoin will be more dynamic than before.

[Rufsilf]

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This kind of news comes only when the market goes into recession. Bitcoin is not really controlled by one or two organizations or projects. Celsius could freeze everything or ruin its position in the market. But Bitcoin will run at its own pace. Actually Blue Whale and Institutional investors are waiting for the position of reduction or dip where some are worried about about reducing the price. Finally, I will say one thing, where your end, some one will start. Once the bearish market is crossed, the situation of Bitcoin will be more dynamic than before.

Actually, no one controls Bitcoin, only just to happen than some big institutions wanted to do so and try to manipulate the market by simply creating FUDS and spreading fake news to give worry. Weak hands could be their target, that actually they win from them but this never happens to those who are holding strong and have faith.

We've come to this moment not by seeing it was an end but have considered this as a great buying opportunity that most are waiting for.

[Afterclap]

I think it’s too early to say anything about bitcoin at the moment. I agree that it is showing a huge crash at the moment but I am sure that it will bounce back and help us maximise our profits.