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Author Topic: Some say Bitcoin is dead but Bitcoin is not dead  (Read 1172 times)
rby
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September 06, 2022, 09:23:50 PM
 #61

It is not today that I began to hear of bitcoins death, bitcoin has died so many times and my question is why is it still dying? When we hear the rumor of bitcoin dying, it is may be some shit coin creators wanting to create FUD so that people can leave bitcoin and invest in their coins.
Another reason is people who missed out to buy bitcoin at a certain low, they try to cause FUD so that weak hands will sell off and drag the price low for them to accumulate the more.

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suzanne5223
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September 07, 2022, 06:45:51 PM
 #62

You have a point and I think by now people (except the newbie which may be ignorance and also panic sell)should have understood that anyone can say falsely about Bitcoin to get the attention of the general public or to create some FUD in the market.

If we look at it from this angle when a project owner that sees BTC as a hindrance tries every possible means to take down and fail with the inclusion of the government and they find it to be inevitable. Technically, to that person, the project is dead because it's inevitable like demise which is the end of all humans.
Another side of this story is the negative impact of FUD. Some would say "take advantage of those who are panic selling" but in reality, those who are waiting for the dip would also suffer simply because the market price will continuously fall as more people fall into the 'story', sort of a "domino effect". Bitcoin by all means in this industry, is a 'strong' coin which is expected, always, to be back to its feet no matter how low its price get. But since all tokens including BTC, depends on market demand, it is still prone of huge problems regarding false news about this industry.
You have a point but there's always a solution to every issue if we can search dip.
Yes, those who are waiting for the may suffer if the market continues to dump but this is only applicable to short-term investors and for the long term there's no reason for the to suffer.
BTC and other altcoins are prone to dump through FUD news but another side of the story is that there's always something good about it because every market trend presents an opportunity.

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September 07, 2022, 07:03:19 PM
 #63

You have a point but there's always a solution to every issue if we can search dip.
Yes, those who are waiting for the may suffer if the market continues to dump but this is only applicable to short-term investors and for the long term there's no reason for the to suffer.
BTC and other altcoins are prone to dump through FUD news but another side of the story is that there's always something good about it because every market trend presents an opportunity.
Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.

R


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Sanitough
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September 07, 2022, 07:50:37 PM
 #64

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.
Perhaps, it never has changed as we keep hearing these things once the market is in decline. Well, I'm not sure how it gives an impact on our mindset but I see that people already know that after this drop and market corrections prices will tend to rise and going to bullish once again. So, instead of listening to these negative news and market attacks, we'd better ignore this as this was not the case to happen. And we have to understand the volatile nature of the market and therefore expect changes in its trend from time to time.
As long as bitcoin is still very prominent, expect that negative speculation like this will always be present. But it won’t be a reason to destroy or ruin our faith in bitcoin because we know exactly the truth, and that bitcoin up to these days is very promising and still dominating the whole crypto market. So better ignore everything about bitcoin attacks as they can’t be helpful in the first place.
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September 07, 2022, 08:35:31 PM
 #65

It is not today that I began to hear of bitcoins death, bitcoin has died so many times and my question is why is it still dying? When we hear the rumor of bitcoin dying, it is may be some shit coin creators wanting to create FUD so that people can leave bitcoin and invest in their coins.
You are right, many Altcoins tried to spread FUD against Bitcoin and will keep spreading FUD but won't succeed.
Altcoiners can call Bitcoin slow for example. But it won't make any difference for Bitcoin because Bitcoin is already established.

Another reason is people who missed out to buy bitcoin at a certain low, they try to cause FUD so that weak hands will sell off and drag the price low for them to accumulate the more.
Yes, it is a reason because some people missed Bitcoin and are now spreading FUD to get it at a cheaper price.  Cheesy
Such people will eventually support Bitcoin later after buying big bags.
Even Michael Saylor didn't like Bitcoin 10 years ago and now, he is bullish.
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September 07, 2022, 08:44:55 PM
 #66

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.
Perhaps, it never has changed as we keep hearing these things once the market is in decline. Well, I'm not sure how it gives an impact on our mindset but I see that people already know that after this drop and market corrections prices will tend to rise and going to bullish once again. So, instead of listening to these negative news and market attacks, we'd better ignore this as this was not the case to happen. And we have to understand the volatile nature of the market and therefore expect changes in its trend from time to time.
As long as bitcoin is still very prominent, expect that negative speculation like this will always be present. But it won’t be a reason to destroy or ruin our faith in bitcoin because we know exactly the truth, and that bitcoin up to these days is very promising and still dominating the whole crypto market. So better ignore everything about bitcoin attacks as they can’t be helpful in the first place.
You are a complete noob if you do really just let yourself do believe on with these kind of fuds or negative sentiment that circles around whenever Bitcoin or the entire market do make out some bearish momentum.
If you've been here then you wouldnt really be saying off things like this on which we've been through in lots of storms and glory days here on this market and now when price is on deep reds there are still
people that Bitcoin is dead? Wait a little further and you would see the reality of this market which it would eventually or definitely making up some recovery afterwards.
Bitcoin isnt dead but it is really just on that correction which had been always part of the market.

R


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September 07, 2022, 11:20:45 PM
 #67

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.
Yes Bitcoin is not dead but Bitcoin has suffered severely.Severe damage means that Bitcoin has been destroyed so much that it is very harmful for Bitcoin.People are now tensed if the price of Bitcoin falls further.Bitcoin's total volume has decreased to lower the price.However we can finally say Bitcoin is not dead. The future will not die but something better will be invented.
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September 08, 2022, 06:49:46 PM
 #68

You have a point but there's always a solution to every issue if we can search dip.
Yes, those who are waiting for the may suffer if the market continues to dump but this is only applicable to short-term investors and for the long term there's no reason for the to suffer.
BTC and other altcoins are prone to dump through FUD news but another side of the story is that there's always something good about it because every market trend presents an opportunity.
Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.
Short-term investment is mainly for crypto day traders and it could be wise based on the trader's decision because I believe every short-term investor also setup a long-term investment strategy in other not to miss the opportunity the market will showcase in the future.
Having said that, Bitcoin investment more than just buying low, hold for the long term, and sell high. i am saying this because I have seen a lot of long-term holders who are worried whenever the market fluctuates.

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September 08, 2022, 06:52:04 PM
 #69

Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.
If you do a short term trade, you do not suddenly stop, you keep on doing that and if there is a bull then they will keep on trading and making profit during the bull period as well. Many people think "well if I hold it now, I will make more money from the person that bought it in the morning and sold at night" but they do not realize that the trader will end up buying again next morning and selling next night.

So, if you are a good trader then you could make a profit from any situation and any money, but if you are not then you are going to end up with a bit of a problem when trading even on the best markets so the point is not the time but how great you are.

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wagmi (OP)
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September 08, 2022, 09:28:35 PM
 #70

Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.
If you do a short term trade, you do not suddenly stop, you keep on doing that and if there is a bull then they will keep on trading and making profit during the bull period as well. Many people think "well if I hold it now, I will make more money from the person that bought it in the morning and sold at night" but they do not realize that the trader will end up buying again next morning and selling next night.

So, if you are a good trader then you could make a profit from any situation and any money, but if you are not then you are going to end up with a bit of a problem when trading even on the best markets so the point is not the time but how great you are.
We should not risk our Bitcoin by doing trading because trading is like gambling. It's a chance of 50 percent price goes up and 50 percent chance of price going down.
But nobody knows where's Bitcoin's price heading tomorrow or in a week.
Many people have lost money from trading, so better avoid it.

Our best option is HODL because Bitcoin is scarce and will increase in price very massively over time. But it needs time. Be patience and you will be rewarded.
Just HODL

wagmi
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September 09, 2022, 09:35:11 PM
 #71

I will say bitcoin is dead when i found out that the value is fall into zero but its not infact btc is start rising maybe we will see the bull season again. Some people says bitcoin is dead maybe for some reason or maybe they are a bitcoin heaters that loss a big amount of money because they don't make thier btc investment succesful.

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danadc
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September 11, 2022, 03:42:05 PM
 #72

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.

When bitcoin negative attacks persist, it means that bitcoin is still alive, and stronger attacks signal that bitcoin is getting bigger and bigger as time goes by. Even with the mass adoption of bitcoin, these things will never stop happening, so let them keep doing their thing and our work continues to move forward, we work to make bitcoin more mainstream. One day when we're at the top, they'll realize that they missed something, they will realize that they were up against something they should have accepted early on.
I find people who attack Bitcoin as people who don't like money, I see how they are angry at this technology, I understand bankers and governments, obviously this is the best way out for people who are tied to a system where they have no life, and if they have it, they only aspire to have a good retirement, meanwhile they give the best years of their lives to the exploitation of the system.

The consolidated companies in the world are stuck in the apparatus, they must accept bitcoin, altcoins are not that important to me, so bitcoin is more important, so for this reason and more, bitcoin will never die.
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September 11, 2022, 04:02:25 PM
 #73

Currently, the market is in a not good situation because of many factors such as inflation and more of course we are still in the bear market and many people think that the bitcoin is already dead or the crypto itself and it is quite a normal happening right now, but if we look forward with the use of the cryptocurrency and the bitcoin itself it is not only the value but the adaptation of the technology for the more convenient transaction and the transparent of the blockchain technology.

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September 11, 2022, 07:21:40 PM
 #74

Currently, the market is in a not good situation because of many factors such as inflation and more of course we are still in the bear market and many people think that the bitcoin is already dead or the crypto itself and it is quite a normal happening right now, but if we look forward with the use of the cryptocurrency and the bitcoin itself it is not only the value but the adaptation of the technology for the more convenient transaction and the transparent of the blockchain technology.
Haters are just showing up when bitcoin is on bearish market or when people are losing money because of their assets value. Did we see anyone having these hating statements such as "Bitcoin is dead" when we are on a bullish market? No, Because everyone is profiting and most of them are on their euphoria. Seeing threads hating bitcoin or being uncertain to it at our current market situation is normal, We've been here before and those who hates it will just keeping hating so it's better to just do our thing and trust the technology we want to be adapted by majority. 

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September 11, 2022, 07:53:09 PM
 #75

Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.
If you do a short term trade, you do not suddenly stop, you keep on doing that and if there is a bull then they will keep on trading and making profit during the bull period as well. Many people think "well if I hold it now, I will make more money from the person that bought it in the morning and sold at night" but they do not realize that the trader will end up buying again next morning and selling next night.

So, if you are a good trader then you could make a profit from any situation and any money, but if you are not then you are going to end up with a bit of a problem when trading even on the best markets so the point is not the time but how great you are.
We should not risk our Bitcoin by doing trading because trading is like gambling. It's a chance of 50 percent price goes up and 50 percent chance of price going down.
But nobody knows where's Bitcoin's price heading tomorrow or in a week.
Many people have lost money from trading, so better avoid it.

Our best option is HODL because Bitcoin is scarce and will increase in price very massively over time. But it needs time. Be patience and you will be rewarded.
Just HODL

wagmi
I have the same attitude towards trading. If someone wants to practice, that's their right, but I'm not ready to take risks like that. Probably because I have neither the desire nor the relevant skills to make money successfully.

It is impossible to hold indefinitely, otherwise, what's the point. The original idea behind the bitcoin was for the btc to be used and not ballasted. The desire to increase savings by holding in bitcoin is not superfluous to anyone, but bitcoin, like any currency, must circulate in the system. The more, the "livelier" bitcoin will be.

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September 11, 2022, 07:55:17 PM
 #76

Some people have said repeatedly about Bitcoin it would be dead – but it is not true, Bitcoin is not dead.
Bitcoin does not deserve to be called dead, but it might be true if one thinks that it will be replaced by other currencies in the future. I don't know if it will really happen in the future, but nothing is impossible in this world. So far bitcoin is the first in the order of the most valuable cryptocurrencies, but in the future there is no guarantee that bitcoin will remain the same due to market competition and developed technology.

So please don't call bitcoin dead, it's really not worth saying. Being replaced doesn't mean death, losing its price doesn't mean dying either.

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September 11, 2022, 09:40:27 PM
 #77

Haters are just showing up when bitcoin is on bearish market or when people are losing money because of their assets value.
Not all of them hate bitcoin, but they try to spread FUD as much as possible so that it can affect the psychology of traders and investors so that they panic. Don't you realize that FUD was created just to lower the price of bitcoin?

So please don't call bitcoin dead, it's really not worth saying.
Bitcoin won't die, it's just hate speech from haters. I don't agree that bitcoin is predicted to die just because its price goes down, that's bullshit. If someone tells you bitcoin is going to die for blah blah blah then reassure them by turning their back on them without arguing.

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September 12, 2022, 05:18:59 AM
 #78

Some people have said repeatedly about Bitcoin it would be dead – but it is not true, Bitcoin is not dead.
Bitcoin does not deserve to be called dead, but it might be true if one thinks that it will be replaced by other currencies in the future. I don't know if it will really happen in the future, but nothing is impossible in this world. So far bitcoin is the first in the order of the most valuable cryptocurrencies, but in the future there is no guarantee that bitcoin will remain the same due to market competition and developed technology.

So please don't call bitcoin dead, it's really not worth saying. Being replaced doesn't mean death, losing its price doesn't mean dying either.
it's true mate imamusma that bitcoin will be hard to say dead, but there could be a switch to other coins, which may be more promising with the latest developments compared to what has been done by bitcoin, although the possibility is very small that bitcoin can be replaced with other coins. but as long as there are new developments and in this world nothing is impossible to change.
technological developments are very fast and continue to grow by following in accordance with the future and there will always be updates in all kinds of technology in it, it is clear about crypto.
why can't or can change bitcoin? it is clear if possible because developments will always occur and whether bitcoin will continue to do in accordance with these developments, is it true that all still cannot escape from dependence on bitcoin? all ultimately returned to the investors who do play an important role in crypto.

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September 12, 2022, 05:59:37 AM
 #79

That "Bitcoin is dead" phrase has been used so many times already to the point that I'm just ignoring it instead of me being stressed and thinking on what my next move will be.

I mean, many already said that phrase and all of them are the ones who either anti-Bitcoins or those so-called economists and rich people who are saying negative things about it, but they are just trying to play with investors' minds so that they can buy it silently.

Reputation towards Bitcoin has been built. Many people are trusting it already and saying that it is dead right now is kind of irrelevant already and not applicable anymore. They can say it, but many will just ignore it and will just focus on accumulating more. Let them say it, in the end they will realize that they can't bring Bitcoin down. Just ignore what they are saying and focus on your strategy.
Bitcoin dominance is now starting to be inevitable so let them say what they want. They will stop attacking bitcoin in time, when the whole world starts to realize the potentials of bitcoin. As long as we always focus on our goal and seize every opportunity available, then we will always be profitable with bitcoin and those who keep criticizing bitcoin will be regretting on the other side.

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September 12, 2022, 06:37:42 AM
 #80

Bitcoin has survived so many 'better' Altcoins. Where are such Altcoins now, just look at Shitcoins like Tron or EOS - useless.
Thou, Bitcoin, tron and EOS happens to be all decentralized coins who has it's independent blockchain, but it will not be idea enough trying to compare Bitcoin to these two altcoins/shitcoins, because Bitcoin was the first cryptocurrency, has the highest ratio in the total marketcap, highest trading volume and has been in existence 13years now, unlike Tron & EOS which both got launched 2018 (just 4years ago). So with all common sense, Bitcoin still remains the king of all cryprocurrency


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