Poll: In your opinion is this the end for Bitcoin/Cryptocurrency?

[SmallCapCoins]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

[Doan9269]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

Since here is bitcoin discussion board, why not maintain the discussion on bitcoin than involving altcoins.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

What does this taught us, rhis isn't the first time and obviously not going to be the last time.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

Have you ever noticed or had about an instance whereby a currency launched to provide solution to many wrongs in the financial sectors and eventually looses target? let me give you the answer "Yes" that is in shitcoins, we have a lot of them that are candidate of scam related activities but if you're interested in the real and identified digital currency that has it all to take for an investment then i will recommend you with "bitcoin" which has come to stay, in cryptocurrency just assume bitcoin is the only digital currency most recognized with value.

[TheNineClub]

I don't see any indicators that this would be the end of crypto. Even if it is the end of a certain cryptocurency, it wouldn't be the end of crypto as a whole, just the end of crypto as we know it. Crypto can adapt and evolve, and it will have to in order to stay relevant. And even if it falls to it's lowest, it will still be something of interest for enthusiasts.

[The Cryptovator]

Where isn't a scam? Every place is full of scammers in the world and they are doing it with fiat as well. So can we judge fiat will end? Never. It won't happen. Same as for Bitcoin & Cryptocurrency. It won't end at all. I admit it would upgrade in near future. But won't vanish. Bitcoin volatility is normal. We shouldn't panic about that.

[teosanru]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

I don't think any such thing is going to happen. Bitcoin since its inception has seen a lot of scams, a lot of regulations & scrutiny. It has even seen levels much lower than the current levels. Remember we went to almost 3k in March 2020. So this level at which it currently hovers is definitely much higher than that level for sure. I think regulations might come and it could change the way in which bitcoin operates and the way in which people perceive bitcoin but it will not hamper the very existence of bitcoin for sure. Cryptocurrency is imminent now be it bitcoin or any other coin.

[avikz]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

Lol! This is a discounted price of bitcoin which you may never be able to see again! So if you think bitcoin is dead, you can sell off your holdings or give them to me. I will ensure to make a better use of it. I don't know how many times, but I have seen such posts multiple times where people have claimed bitcoin is dead. But here we are again discussing the same thing over and over again.

Bitcoin is not dead! It can't be! It is just available at a discounted rate. Now it's up to you whether you want to make a better use out of it or leave it. I am personally accumulating more and more bitcoin as per my financial capacity. because bitcoin is a kind of asset which will someday give you the biggest return of your life!

[Mahanton]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

If you are just new into this market then you would definitely having these kind of questions and impressions you would have in bitcoin or in overall market but if you've been here on this market for a while now then you
would definitely say the opposite things and we've been already a decade an these issues had been commonly thrown out about these regulation and other aspects but still we are standing strong.
Market declines are very common or simply talks about bearish state and if you are aware then you wont really be freaking out whenever you do see this situation.
So better not to freak out but instead you should accumulate cheap coins as much as you could.

[btc_angela]

The arguments that you put in is not the first time that we have heard before.

And with that said, if they can't kill bitcoin during the 2018-20219 regulations from world financial bodies, including discussion at G-5 or G-7 summit, how can they it be the end of bitcoin/crypto currency this 2022?

It is not a safe haven but an alternative for our financial freedom, or if you wanted to stay true with Satoshi, used it as a payment system.

[Yaunfitda]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

Numbers speak for itself already, 11 votes so far for No.

And I don't know, as much as we hated it, but scams do exists in any way or form in other markets, do we forget this man?

Who Was Bernie Madoff?

So I guess the poll is just a moot point, as I don't see people opinions here swaying ot the end of Bitcoin/ Cryptocurrency, sorry to burst the bubble for you.

[OgNasty]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

I think there's probably an option between safe haven and the end of Bitcoin.  It's a speculative asset and we're heading into a recession, so there's definitely a good chance it doesn't hold it's value.  That being said, it's an innovative product with a lot of money on the sidelines waiting to get in.  Wall Street is looking at a potential new asset class they can manage for investors and licking their chops at the management fees.  I don't think they'll let their cash cow die before they start milking it.

[nurilham]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

The problems you stated above:
1. Huge scams : It already happened since many years ago, but it never made Bitcoin or crypto to be over.
2. Increased security and regulation : Note that the security or regulation isn't intended to limit the activity of crypto investment or trading. It only facilitates people to be more secure in investment or trading.
3. environmental concerns : Do you mean it is related to mining activity? Not everyone agrees about this, it is just a perception of some people. Even if mining is stopped, it doesn't mean stopping crypto world as well.

Regarding the current drop in price, you must know we are in the bearish phase. So, it is normal if the price continues to decrease.

[KennyR]

I don't know, why such questions arise with you people. Even when the price of bitcoin touched the ath there were scams happening around bitcoin, there were money laundering with bitcoin, there were illegal transactions and more can be said. By that time none thought the bitcoin is towards its end. Now without any reason why this thoughts were arising. People need to educate themselves.

[tippytoes]

I don't know, why such questions arise with you people. Even when the price of bitcoin touched the ath there were scams happening around bitcoin, there were money laundering with bitcoin, there were illegal transactions and more can be said. By that time none thought the bitcoin is towards its end. Now without any reason why this thoughts were arising. People need to educate themselves.

This is why it is understandable if the poll has just only one answer, No. Even if we experienced a lot of ups and downs in this market, I don't think we will see the end of this market. The truth is, we are just starting to engage some newcomers as before crypto has a lot of negative connotations attach to it. People are just now understanding the benefits of blockchain tech as many are now educating themselves about the truth of this technology.

[adzino]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.
-snip-

Cryptocurrencies have been hit with "many huge scams" since the beginning. I guess you forgot about all those ICO scams. At least more scrutiny and regulations means more business will be able to accept crypto currencies more easily with clear laws (though bad for decentralization, but as long as you don't interact with fiat or third party financial institutions, you should be fine).

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.
-snip-
The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

It is not the lowest level. Bear market isn't a new thing. Just google how many times people said it is the end of bitcoin and you will know if it is or not.

[yhiaali3]

There is one answer to the question in my opinion, no, this is not the end of bitcoin and cryptocurrencies, bitcoin is still a safe haven for now, at least in the near future, the decline in the price of bitcoin is never an indication of the end, there are reasons, of course, but it is not the end, there are many problems and reasons that led to the decline of Bitcoin and this is normal within the pattern of market cycles, I am optimistic that Bitcoin will return again and we will see strong rises in the near future.

[wxa7115]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

As of late, Bitcoin is trading at the lowest levels I've seen it trade in quite some time.

So I made this poll to gage the latest opinions of the users here.

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

The points that you are bringing are nothing really new since there are scammers everywhere, not only in this market, so as long as you're careful you are not going to have much problems with scammers, the scrutiny of the governments has always been there, even in the early days Satoshi knew this was coming which was why he remained anonymous, and the environmental concerns are nothing but a smokescreen.

And about the low price that we are seeing for bitcoin, the low price is relative, while it is true the current price is lower than the all time high, it is many times higher than the price we have seen for bitcoin during most of its history, so I do not really see what is the problem, so as you may guess I do not think that bitcoin is nowhere near its end.

[pooya87]

Just because you lost some money bag holding a useless altcoin that doesn't mean it is the end for bitcoin. These things are not even related. You should have paid attention to the warnings telling you not to buy those shitcoins in first place.

[uneng]

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

Problems are inevitable in any environments. The point to notice is that crypto enthusiasts are dealing very well with issues and challenges. If someone told me the end of bitcoin was between 2017-2018, following the crash and the bearish market I would accept that as a real possibility, but now I just can't, because the scenario looks much better than before, despite the fact we are in a bearish market again.

[tranthidung]

So we have seen Cryptocurrency hit with many huge scams, come under increased scrutiny and regulation, as well as being the subject of environmental concerns.

Life is full of scam. Life is a mix of black and white, good and bad. You can not have one and don't have another.

Scammers use everything in life to scam, if they can. Cryptocurrency and Bitcoin are just one of things they can use to scam.

Cryptocurrency or is it still a safe haven?

No perfect safe heaven in life. Don't look for it.

Everything has risk together with chance to get profit. You must have good risk-benefit management for your capital and you will be good. Good even if your investment turns to be a loss partially or a completely loss.

[NotATether]

The question is, due to any of these issues, or a combination of them, are we finally going to see the end of Bitcoin and
Cryptocurrency or is it still a safe haven?

23 users voted in this poll so far.

Every single one of them voted "No". Because they know that cryptocurrencies have a long future.

That's because you can't just say, "My currency has been invaded by thugs", that's how all coins are.

And whatever happened to Three Arrows Capital is not relevant to decentralized cryptos. Because their very nature prevents them from going down if any single entity crashes.

Just last month I received multiple emails from this platform called Vauld, that filed for bankruptcy - they apparently are insolvent (I don't remember how the hell I signed up for Vauld, but I never used it). Their reason? "UST collapsed, we had too much UST, 3AC and Celsius also collapsed, and we loaned too much money that we can't recall."