Still think bitcoin is coming to an end? Then you must read this <3

[tabas]

The media are flexible, when we're in the bull run you'll see them tell good things about the market and the crazy predictions that have been told by those unknown people that they're highlighting as someone as if they're an expert in the field. But, the people that they're quoting and giving exposure is truly an unknown person. But when we're in the bear market, you'll also see them tell those very low predictions that have been given, so, they're always at the two sides of the market. That's why don't depend your emotion to them.

[Zlantann]

The issue is that people are used to pay with fiat money and they will not change their behavior if there is no benefit in changing it. IF you look in 3rd world countries you can see a much larger adoption of paying with crypto, since there are many problems with the currency like inflation and unprofessional banking systems.

Bitcoin has a lot of benefits that can assist citizens in most third world nations to carryout safe and cheap financial transactions. But the main problem is that most of them are not aware of these benefits. That's why Bitcoin education is the most important tool to get more users or investors in the Bitcoin space. Most people are using fiat because they don't have access to banking facilities and Bitcoin could fill the gab created by non-existence of banking services in these areas. 

Can you mention which third world countries that has a larger adoption paying with Bitcoin except Nigeria? I really interested to hear that since I know there's no any third country using Bitcoin to pay for daily needs even though their fiat is highly inflated. Their problem isn't because their currency only, but they don't earn enough money to fill their daily life, how they can buy Bitcoin?

It is not true that most people in Africa don't have enough money to buy food and other basic things. This is just a stupid stereotype and a little bit silly to assume a whole continent has no middle or upper class of people. However I don't have the numbers where bitcoin is actually used, but you can read articles like this: https://www.coindesk.com/business/2022/09/29/crypto-is-quietly-thriving-in-sub-saharan-africa-chainalysis-report/ or speak to people form Africa and you will find out that bitcoin is more present than in Europe or elsewhere.

Nigerians might be the biggest market of Bitcoin currently in Africa but it is also important to note that citizens of other African countries are embracing Bitcoin. And the belief that Africans are not buying Bitcoin because they are poor might not be the whole truth. Some rural farmers are richer than some business executives in cities. Africans might have a very high population of poor people but the continent still has a high number of persons that can buy Bitcoin if they know the benefits.   

[Lucius]

"My sole point of creating this thread is to send out positive vibe amongst the forum members, not to worry about the market situation because the picture is far bigger than what we think."

I have nothing against positive news, and I think it is good to give people a little encouragement at a time when the ship seems to be sinking and there is no escape. In fact, this situation is nothing new in the sense that the price of BTC is so low compared to the last ATH, only the main players in the whole story have changed.

Also, the real problem is not how many merchants support Bitcoin as a means of payment, but that most of those who have invested in it have no intention of using it as a currency. As for my contribution, here's where you can spend your Bitcoin online -> https://spending-bitcoin.com/

[Flexystar]

"My sole point of creating this thread is to send out positive vibe amongst the forum members, not to worry about the market situation because the picture is far bigger than what we think."

I have nothing against positive news, and I think it is good to give people a little encouragement at a time when the ship seems to be sinking and there is no escape. In fact, this situation is nothing new in the sense that the price of BTC is so low compared to the last ATH, only the main players in the whole story have changed.

Also, the real problem is not how many merchants support Bitcoin as a means of payment, but that most of those who have invested in it have no intention of using it as a currency. As for my contribution, here's where you can spend your Bitcoin online -> https://spending-bitcoin.com/

Ahh yes, that's what I am wishing here. Re-encourage our souls to go to higher dimensions and make sure we keep up with the time. Any collateral damage to the bitcoin economy (or crypto itself) could set us behind a lot. Considering various governments not promoting it in positive ways it's always good we ourselves make it happen.

As for my contribution, here's where you can spend your Bitcoin online -> https://spending-bitcoin.com/

Oh yes, I saw this tool as well. Pretty good one to hit the right place to make purchases over internet via bitcoin. We can buy any sort of category using this tool actually. It's no biggie, they will just divert to the most closest search results of websites who use bitcoin as payment mode and can have our desired products listed on them.

Sort of nice contribution and everyone should keep up the same motivation. Thanks a lot.

[freedomgo]

I certainly don’t think bitcoin is coming to any ends. Sure there is a shit ton of turmoil going on right now in both bitcoin and the cryptocurrency landscape, but we are still in the “early innings” when it comes to cryptocurrency adoption. We’ve got a long ways to go before ANYTHING is decided.  One thing I’m sure of, while one of few, is that bitcoin is anything but dead.

Bitcoin has been considered a lot of times being dead but definitely not coming to the real end. I guess the people have only been thinking about bitcoin coming to it’s near end because the market is very doom. For me, the scenarios we are seeing today are just part of the yearly cycle, it’s just that the bear season stays longer than the bullish one. So let’s not put bitcoin being in the dead end. Bitcoin dominates the whole crypto coins in the market, so there is no way that it’s going to be obsolete.

[yhiaali3]

Thank you for the good effort in writing the topic, also thanks for the positive charge that you are trying to broadcast in the Bitcoin community, but I believe that whoever actually believes in Bitcoin does not need all this, I believe that everything that is happening in this bear market is only a temporary condition and that The future will definitely be in Bitcoin. Whoever believes in Bitcoin not only believes that the price hike and bull market will return soon, but also believes that in the future Bitcoin will be the main payment method accepted around the world and also believes that there will come a day when it will replace fiat money.

[darkangel11]

I'll be the devil's advocate and argue that acceptance is nice but it doesn't change the fact that people who were dumb got destroyed this year. If this was a planned event, which I believe it was, the execution was almost perfect. They were stealing people's crypto for years and nobody knew. They were making interviews with this thief and meanwhile he was having sex parties with his fellow nerd accomplices. What about the bitcoin proof of keys event? So many people forgot about it until it was too late for them.

Bitcoin isn't coming to an end but institutional investment might be, which means no ATH for a few years. If that's what you're here for, take a break and come back in 2024. Maybe we'll be out of bear market by then.

[Newlifebtc]

When you are looking at the technology or bitcoin the one that stand out this currency is not something that is coming to an end because it will always increase and always fall since its introduction to the world so I believe that whatever thing that is happening in the market will recover soon so whoever that is saying about Bitcoin have collapse or is coming to an end I think that is a false information exactly concerning Bitcoin

[Viscore]

The media are flexible, when we're in the bull run you'll see them tell good things about the market and the crazy predictions that have been told by those unknown people that they're highlighting as someone as if they're an expert in the field. But, the people that they're quoting and giving exposure is truly an unknown person. But when we're in the bear market, you'll also see them tell those very low predictions that have been given, so, they're always at the two sides of the market. That's why don't depend your emotion to them.

People are just showing their market sentiments. When the market is bullish, people will always praise bitcoin and the rest of the potential coins. When the market is bearish, people will also develop fear and eventually panic thinking that their investments will not recover anymore. But not all we see and hear from the media are true and reliable. Sometimes, we have to make our own analysis so that we will not fall into false beliefs.

[Sanitough]

"My sole point of creating this thread is to send out positive vibe amongst the forum members, not to worry about the market situation because the picture is far bigger than what we think."

I have nothing against positive news, and I think it is good to give people a little encouragement at a time when the ship seems to be sinking and there is no escape. In fact, this situation is nothing new in the sense that the price of BTC is so low compared to the last ATH, only the main players in the whole story have changed.

Also, the real problem is not how many merchants support Bitcoin as a means of payment, but that most of those who have invested in it have no intention of using it as a currency. As for my contribution, here's where you can spend your Bitcoin online -> https://spending-bitcoin.com/

In one way or another, giving some encouragement to all crypto investors especially when the market is down is not that bad. People need to hear that so that they will not resort into panicking and eventually sell their coins without reasonable thinking. And that they will continue to value their investments despite of the bearish market that is happening today.

[blockman]

I am not just making a list here by grabbing it from here and there but these are actual results of bitcoin in use. If people still gonna argue about bitcoin's prices, its trust based on some failed exchange or few bad set backs then I think they have not understood the bitcoin really well.

It's pointless to talk to someone when he started to talk about failed exchanges, the fiasco of FTX, and other hacks. Those unbelievers and not investors of bitcoin will always find a fault and way to discuss those negative things that have happened. But when you try to defend it, they'll just push you harder and it's not a reason to trust it even if the market recovers. They're blind to looking at the achievements and good things like adoption from various known companies because they have chosen to be blind and not to look at the bright side of having bitcoin.

[Luzin]

Oh yes, I saw this tool as well. Pretty good one to hit the right place to make purchases over internet via bitcoin. We can buy any sort of category using this tool actually. It's no biggie, they will just divert to the most closest search results of websites who use bitcoin as payment mode and can have our desired products listed on them.

Sort of nice contribution and everyone should keep up the same motivation. Thanks a lot.

At least holding back also contributes that you believe in Bitcoin. Although the level may be different. Sometimes I am sad because the jurisdiction in my country actually prohibits crypto from being used as a means of transaction, so they legalize it as an asset. So I have never used crypto or bitcoin for transactions directly. Although if I see a lot of my friends who buy tools from abroad like Trezor can use Bitcoin. There was a hesitation to do that because I had never been at all.

[BitDane]

At least holding back also contributes that you believe in Bitcoin.

Using it to purchase also contribute to Bitcoin economy, but well he is just smart to hold back because he believe that Bitcoin will increase in price in the future.

Although the level may be different. Sometimes I am sad because the jurisdiction in my country actually prohibits crypto from being used as a means of transaction, so they legalize it as an asset. So I have never used crypto or bitcoin for transactions directly. Although if I see a lot of my friends who buy tools from abroad like Trezor can use Bitcoin. There was a hesitation to do that because I had never been at all.

At least your country consider it as an asset and doesn't ban it.  You are still lucky than those people who live in a country that see Bitcoin as illegal.  Using Bitcoin directly is quite easy. There are lots of store that accept Bitcoin.  Though I understand the hesitation because we never know if the company is legit or not and since we need to be the first one to pay, there is a huge possibility of being scammed when the company isn't legit.

[The Cryptovator]

I am not convinced that Bitcoin will end, but I am concerned that more drama will occur that will have a significant impact on Bitcoin or the crypto market. Many companies accept Bitcoin, but there is a lot of bad news. Luna and FTX are two people who are destroying the market. It's just one example; there are many more who are destroying it for their own financial benefit. But those of us who believe in crypto should not be concerned. It's already bear season, so bad news is to be expected. When the bull run begins, we may see plenty of positive news that accelerates Bitcoin to new heights.

[onecall123]

This kind of post helps me convince that Bitcoin isn't going anywhere. Though I agree there are too many people saying it's the END of Bitcoin. Their belief is that once Bitcoin's bottom is reached, the market will turn bullish 180 degrees. I think we're nearing the bottom. Could regulation be the key to attracting investors?

[bitterguy28]

World governments made a mistake in not seizing the internet when it first started brewing up. Bitcoin won’t go anywhere. This thread is awesome and I love all of the statistical information laid out here.

it is not a mistake instead that is literally according to the plans , Bitcoin is going somewhere mate and that is to grow better and serve people of the world, it may take time but once it happens surely we will see how much this can help the universe .

This kind of post helps me convince that Bitcoin isn't going anywhere. Though I agree there are too many people saying it's the END of Bitcoin. Their belief is that once Bitcoin's bottom is reached, the market will turn bullish 180 degrees. I think we're nearing the bottom. Could regulation be the key to attracting investors?

Bitcoin ends coming from those losers that does not gain anything from this , but those like us that knows how this market moves? we will never listen to those bad statement.

[worle1bm]

This kind of post helps me convince that Bitcoin isn't going anywhere. Though I agree there are too many people saying it's the END of Bitcoin. Their belief is that once Bitcoin's bottom is reached, the market will turn bullish 180 degrees. I think we're nearing the bottom. Could regulation be the key to attracting investors?

We can't say we are reaching bottom as we can't decide it because any unexpected hit to the market could blow away your belief about bottom.But if you are bitcoin holder for long term or have seen the past conditions then you would see how profitable it could be in the future.Ignore all the negativity around you about Bitcoin and keep on investing at these times where you can gather more btc at cheap rates.

[Questat]

It is good to see that any establishments are willing to accept Bitcoin but the question is if people are also wanted to spend their Bitcoin buying stuff.
That is really amazing, yet most of us had considered Bitcoin as an investment which makes me think that people are still preferred to use fiat over Bitcoin. I'm going to say that because, in myself, I can't do it. I can be one of those people who believe Bitcoin as a currency but never use it in real life as I can see more benefits if I use this for investment.

[taufik123]

-snip-

This kind of post helps me convince that Bitcoin isn't going anywhere. Though I agree there are too many people saying it's the END of Bitcoin. Their belief is that once Bitcoin's bottom is reached, the market will turn bullish 180 degrees. I think we're nearing the bottom. Could regulation be the key to attracting investors?

Bitcoin ends coming from those losers that does not gain anything from this , but those like us that knows how this market moves? we will never listen to those bad statement.

The losers try to manipulate the market to make it look like bitcoin is useless, but the plan is of course not going to work because the bitcoin community is invincible. Trust in bitcoin is increasing of course. Adoption continues, albeit slowly.

As explained in detail by the OP, the adoption by many companies even though they are not fully using bitcoin, but is already a good thing and it is progress.
The idea that bitcoin will die is only for those who are late to buy bitcoin and don't get bitcoin cheaply. Bitcoin will reach a new ATH when the market recovers.

[kryptqnick]

The media focus on what 'sells' best (what can bring money eventually because of being viewed, shared, discussed more), and negative emotions do just that. Neutral content is forgettable, cheerful content has to be particularly good to make it work, and something that invokes fear and uncertainty is more likely to stick in people's minds and be treated as important. That's why they overplay the Bitcoin bear market thing, milking for FUD.

Community, go ahead and make some positive noise on this thread. Post your local region stories and show them we are strong and we are getting stronger day by day in bitcoin adoption.

Alright, then. Ukraine has been sort of crypto-friendly for years, but major adoption events happened during and because of the war. United24 is the official initiative of president Zelensky, and they accept donations in several cryptos (including Bitcoin), albeit via a payment system). Come Back Alive, the biggest non-governmental foundation that supports the Ukrainian army accepts crypto donations as well, this time directly to BTC, ETH, USDT, SOL addresses. And it's not just nominal acceptance of cryptos; we can see that people actually make significant donations in cryptos. For example, Come Back Alive received a total of 570 BTC, which is worth $9 million, even with the current pricing.