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Author Topic: Some say Bitcoin is dead but Bitcoin is not dead  (Read 1170 times)
KennyR
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September 04, 2022, 11:58:20 PM
 #21

When the price drops, there is always someone who will take advantage of the situation, claiming that Bitcoin is going to an end. This can only be an indication of the unstable market movement, which is affected by side comments.
People always want bitcoin to be on the growing side. You invest and whenever you need you need to see the investment on the growing side. This won't happen with an investment that have got real growth. People need to understand it, and true understanding about the market will make them realise that bitcoin is alive.

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Fundamentals Of
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September 05, 2022, 03:14:53 AM
 #22

How could Bitcoin be dead at $20,000 when just a little more than a decade ago it was worth less than a cent? That's basic math. That's common sense. Apart from that, Bitcoin's security is very much high with the current hashrate reaching 256,000,000,000,000,000,000 EH/s.

Some people are just too fearful to give too much importance to otherwise baseless claims and declarations of critics and bitter Bitcoin oppositions. Bitcoin has been pronounced dead many times and Bitcoin is still here today.

Just because Bitcoin is hitting its low in this bear season doesn't mean it's dead. Remember that Bitcoin's low today was Bitcoin's ATH before.
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September 05, 2022, 03:24:02 AM
 #23

How could Bitcoin be dead at $20,000 when just a little more than a decade ago it was worth less than a cent? That's basic math. That's common sense. Apart from that, Bitcoin's security is very much high with the current hashrate reaching 256,000,000,000,000,000,000 EH/s.

Some people are just too fearful to give too much importance to otherwise baseless claims and declarations of critics and bitter Bitcoin oppositions. Bitcoin has been pronounced dead many times and Bitcoin is still here today.

Just because Bitcoin is hitting its low in this bear season doesn't mean it's dead. Remember that Bitcoin's low today was Bitcoin's ATH before.
Thats the fact. What the users term as low price is the ATH during the previous bull season. In that stance even now we're around an ATH value. People are expecting big, and they don't have the patience. This is the reason why we're able to see bitcoin's death multiple times.

Most of the users who describe bitcoin as dead were the new comers to the market. With time or once after experiencing a bearish and bull market will come to know what is behind the death of bitcoin.

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September 05, 2022, 04:19:30 AM
 #24

Some people have said repeatedly about Bitcoin it would be dead – but it is not true, Bitcoin is not dead.

Let them say whatever they think and want because this is not how the crypto moves  and function . as we are all believing that Bitcoin will increase in value  and we are continuing to support this currency and market for the next coming more years .

Bitcoin is not dead and will never die just like how we wanted to say it instead this is how the market will end in the years to come and that is progressive and increasing .









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September 05, 2022, 06:03:01 AM
 #25

How could Bitcoin be dead at $20,000 when just a little more than a decade ago it was worth less than a cent? That's basic math. That's common sense. Apart from that, Bitcoin's security is very much high with the current hashrate reaching 256,000,000,000,000,000,000 EH/s.

Some people are just too fearful to give too much importance to otherwise baseless claims and declarations of critics and bitter Bitcoin oppositions. Bitcoin has been pronounced dead many times and Bitcoin is still here today.

Just because Bitcoin is hitting its low in this bear season doesn't mean it's dead. Remember that Bitcoin's low today was Bitcoin's ATH before.

This year bitcoin died at $20k and in the future when bitcoin hits $200k ATH and drops to $100k we will continue to hear news that bitcoin is dead at $100k. LOL

They are probably jealous of bitcoin's rapid growth and they have no way to stop the growth of bitcoin other than finding a way to smear the image of bitcoin in the eyes of the public. But no matter if they take more action like this or even they introduce harsher policies they will never kill bitcoin.

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September 05, 2022, 06:17:14 AM
 #26

How could Bitcoin be dead at $20,000 when just a little more than a decade ago it was worth less than a cent? That's basic math. That's common sense. Apart from that, Bitcoin's security is very much high with the current hashrate reaching 256,000,000,000,000,000,000 EH/s.

Some people are just too fearful to give too much importance to otherwise baseless claims and declarations of critics and bitter Bitcoin oppositions. Bitcoin has been pronounced dead many times and Bitcoin is still here today.

You see, here is the thing:

Every time Bitcoin "dies", it instantly resurrects itself from the dead. This makes it immortal. Nobody can kill it even they wanted to to because it has infinity lives.

It is very laughable that its enemies don't understand (or maybe they don't want to believe) this very simple concept!

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September 05, 2022, 06:30:56 AM
 #27

When the price drops, there is always someone who will take advantage of the situation, claiming that Bitcoin is going to an end. This can only be an indication of the unstable market movement, which is affected by side comments.

It's true what you said, even every year there is always a discussion about the price of bitcoin, whether when bitcoin goes down someone says bitcoin is dead, maybe it's just the thought of someone who doesn't really know bitcoin more deeply, that bitcoin is still growing even though all bitcoin prices are in decline. plummeting, not without reason people's trust in bitcoin is dead, precisely with the decline in bitcoin prices in all markets, the good step is to buy not give a statement that bitcoin is dead, I think that's a shallow thought..

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September 05, 2022, 06:37:07 AM
 #28

Bitcoin is not dead and won’t be dead because Bitcoin is a very robust network. It is probably impossible to destroy Bitcoin.
People saying about Bitcoin, it would be dead are very often spreading Altcoin lies – please don’t fall for such lies.
HODL your Bitcoin.

I fully agree with you, holding our precious coins during these volatile times is the best thing we can do. The bitcoin price dropped recently again below 20,000 USD making a lot of investors nervous. We can't change the short term price and shouldn't worry so much about it. Giving into the selling pressure will only make things worth, long term bitcoins is going to rise again. I am not sure why so many people want to argue that Bitcoin is dead, the price dropped 50% since the start of they year, but so did some stocks as well. It's not like crypto currencies being the only currency that lost a lot of value this year. And there are so many strong believers in the crypto community that bitcoins will never die. As long as there are a handful of people who are willing to accept and deal in bitcoins, the network will keep on living.
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September 05, 2022, 08:00:21 AM
 #29

Why am I seeing 3 consecutive posts about Bitcoin is either dead or not dead lol.
I mean seriously, why do people thought about this when obviously Bitcoin's price is currently still considered high compared to from the last 2-3 years.
Dead it even died when it reached $3k in 2018? Absolutely no. So, just dont feed the troll or the people who wants to takes advantage of the current market condition for their own personal gains.
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September 05, 2022, 08:07:02 AM
 #30

Those people saying this, are either dumb or don’t know the current scenario about Bitcoins.
For Bitcoins these bear markets are pretty normal. And if someone is judging the coin by this one bear market, then they are either newbie to this crypto world.
Bitcoins are not dead to be honest, rather it’s being too pleasant on us. It’s providing us a best coin to buy currently.
Nevertheless we are not here to make people understand about everything, if they are too dumb, then let them.
Just ignore and move ahead.
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September 05, 2022, 08:15:32 AM
 #31

The players gonna play, and the haters gonna hate. Ignore the people who say such bullshit, and you'll remember me. There's no reason to talk seriously for this subject if your interlocutor hasn't spent at least 100 hours to study it. It wasn't dead, isn't dead, and won't die. It's needed. If it was dead, it'd cease to exist; no blocks every 10 minutes, no merchants accepting it, no people talking about it.

They cannot do anything when the people see the opportunity and good things bitcoins bring if used in the right way. as we can see most of the big companies are not taken by that hoax rather they do their own research and conclude to use the crypto revolution to be adopted in their company. Just today I learned that the old online payment method I used already has its own exchange and they added the option to buy bitcoins and other cryptos and the haters cannot do anything at all.
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September 05, 2022, 08:55:08 AM
 #32

Why am I seeing 3 consecutive posts about Bitcoin is either dead or not dead lol.

The good news is, when people see contradictory topics right next to each other, it forces them to open the topic and use their own judgement to reach their own conclusions for the situation instead of blindly believing what they read.

You're welcome.

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September 05, 2022, 09:20:52 AM
 #33

To me bitcoin is not dead it normal for bitcoin to experience bear to strike balance I have full faith when it comes to bitcoin if you look at previous data bitcoin have survived  many from 2009 till date and still standing and becoming stronger so instead of wondering weather bitcoin is dead or not  use this opportunity wisely to accumulate that’s the scope when it comes to bear invest in projects that have prospects.

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September 05, 2022, 09:27:10 AM
 #34

We can't say that bitcoin is dead, but bitcoin has seriously lost power. Currently, the total crypto volume has dropped below a trillion dollars. This is a serious situation. I don't think we will see a bull market for at least another year.

It happens and is normal for Bitcoin because it has a lot of high volatility and in fact that is a distinction that recognizes Bitcoin,if it didn't have this high volatility that in the end after a certain amount of time it ends with a new all time high it would not be so discussed about not only from tech savvy people but people in general.

I think that if the situation and energy crisis together with the inflation that is overrunning us in Europe is not addressed from Euro parliament then I believe we can see an increase in price just like it happened in late 2020 when pandemic had hit almost all of us.
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September 05, 2022, 09:44:56 AM
 #35

I have not heard people saying that eh bitcoin is dead or has died, this is the first time I am hearing it but I have heard people said, bitcoin is scam therefore, anyone uses bitcoin is a scammer. But when I came to understand bitcoin I realized that what they were saying is not true. It is a propaganda against bitcoin. Some people even accused Satoshi Nakamoto that he was a professional hacker who created bitcoin with it hacking experience. All these things are allegations against bitcoin. The irony of it is that the more they accused it the more it grows wider. If it is true, Most people are saying bitcoin is dead because of the bear market which those people also lack the knowledge to understand the movement of bitcoin. BTC can be used effectively by only those who understand bitcoin to the core.

All those people who are saying like this op topic is a compaign against bitcoin.

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September 05, 2022, 10:03:24 AM
 #36

~~
 I am not sure why so many people want to argue that Bitcoin is dead, the price dropped 50% since the start of they year, but so did some stocks as well. It's not like crypto currencies being the only currency that lost a lot of value this year. And there are so many strong believers in the crypto community that bitcoins will never die. As long as there are a handful of people who are willing to accept and deal in bitcoins, the network will keep on living.
Those who always want to argue that bitcoin is dead can be newbies, newcomers to the market because they imagine that when they get here they will make huge and easy profits from bitcoin. But unfortunately when a bear market happens and they have never seen it before, causing them to be shocked and think that bitcoin is on the verge of death. Besides, when bitcoin plummeted, anti-bitcoin elements emerged and spread fake news causing the market to panic even more.



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September 05, 2022, 11:59:57 AM
 #37

bitcoin certainly will not die because the demand is very much and now those who invest in bitcoin are increasing day by day, and uniquely now when the world economy is sluggish many people invest in bitcoin with the aim of building a good economy. so bitcoin will not die even if there is a decrease in price. it's a common thing in the crypto world because that's the trading cycle.
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September 05, 2022, 05:02:21 PM
 #38

Some people have said repeatedly about Bitcoin it would be dead – but it is not true, Bitcoin is not dead.
Bitcoin is part of the life of the world, Bitcoin users are also humans, where in life there are always thoughts of Pros and Cons, since crypto/Bitcoin is present among humans, these factors always appear, you can't deny it.

I think positively in such cases, which states Bitcoin is dead or not.
• For those who are pro-minded, they always think that Bitcoin is a brilliant and brilliant system, it can be said that the evolution of a new digital currency that never dies.
• For those from the cons, of course they think Bitcoin is a dangerous system and can become extinct as they imagine today.

Although people have mixed responses about Bitcoin, I personally think Bitcoin is a practical system, both in terms of fast transactions, the advantages in trading are clear and many others I can think of Bitcoin in the future, I think Bitcoin dies if internet and electricity don't exist in the world and are not used by humans anymore, is such a method acceptable.

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September 05, 2022, 05:40:14 PM
 #39

All the news about bitcoin dying has been happening time and time again in my opinion maybe just to get a lower price and to be able to adopt at the lowest possible cost, or maybe they really went bankrupt because of their own stupidity.
and even when bitcoin “died”, crypto believers tried to buy more and slowly but surely bitcoin became a way to store value, not just a speculative asset. Regardless of the price, it's here to stay.
so those who say bitcoin is dead will not be able to affect those who have been in this industry for a long time and also those who study and understand bitcoin well, it's better to just ignore it because eventually bitcoin will rise again and one of the signs is that it is declared dead, as previously.

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September 05, 2022, 07:28:18 PM
 #40

The players gonna play, and the haters gonna hate. Ignore the people who say such bullshit, and you'll remember me. There's no reason to talk seriously for this subject if your interlocutor hasn't spent at least 100 hours to study it. It wasn't dead, isn't dead, and won't die. It's needed. If it was dead, it'd cease to exist; no blocks every 10 minutes, no merchants accepting it, no people talking about it.
Bitcoin has never run out of negative attacks, and bitcoin claiming as dead has already been said a lot of times. So this is not new to all of us, except for those newbies who are still collecting memorable experiences. However, if bitcoin is completely dead, then expect that the whole crypto market will be dead too because bitcoin is simply the blood and future of the crypto market.

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