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Author Topic: Another year is going to end. Bitcoin isn't dead  (Read 841 times)
thecodebear
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December 26, 2023, 06:14:51 PM
 #81

The funny thing is that a lot of the people calling for Bitcoin to die throughout all those years are the same people. The kind of people who irrationally hate Bitcoin and never learn their lesson so they just keep saying Bitcoin will die soon, at any point. If it's in a bull market they say "this is the last hurrah before it all collapses you fools!", if it's in a bear market they say "see it's collapsing to zero now!", if its in between they say "its peak is past and its gradually circling the drain now". These people are just clueless.


Honestly at this point any one who follows Bitcoin and doesn't realize it is growing into becoming the world's largest single asset, easily eclipsing Gold next decade, is just not a bright person.
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December 26, 2023, 06:24:36 PM
 #82

The funny thing is that a lot of the people calling for Bitcoin to die throughout all those years are the same people. The kind of people who irrationally hate Bitcoin and never learn their lesson so they just keep saying Bitcoin will die soon, at any point. If it's in a bull market they say "this is the last hurrah before it all collapses you fools!", if it's in a bear market they say "see it's collapsing to zero now!", if its in between they say "its peak is past and its gradually circling the drain now". These people are just clueless.


Honestly at this point any one who follows Bitcoin and doesn't realize it is growing into becoming the world's largest single asset, easily eclipsing Gold next decade, is just not a bright person.
Lolll Grin, if they were right, I guess we could have said, "Bitcoin have been dying for a decade and finally died in 2024". But we all know that, it isn't possible. Everything has it's ups and down. So is for Bitcoin too. But it is the only cryptocurrency which has been able to survive for this long. And I'm pretty sure it will in the future too.

We could just forget about those kind of people. It's just waste of time even trying to make some sense to them or trying to talk to them.

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December 26, 2023, 07:21:56 PM
 #83

Honestly at this point any one who follows Bitcoin and doesn't realize it is growing into becoming the world's largest single asset, easily eclipsing Gold next decade, is just not a bright person.
Well, there are Bitcoin investors who don't mind what's the status of Bitcoin on the list of world assets and how it is ranked right now. Because what matters to them is that they're already invested in Bitcoin and let it go along with the waves of the market itself and don't mind the growth of it because it's already embedded on its based on its history without doubting it. It's just going to be a matter of time until it reaches close to the total market capitalization of gold.

In another sense, they just really follow it and are not investors. I'd agree with what you've said that they're missing the whole thing, maybe they're bright but not bright enough to understand how Bitcoin is disrupting both technology and financial sectors.

It's strange that so many people want death of bitcoin. I don't understand that haters
They don't want Bitcoin to be dead, there are actually two people that are classified that wants to say terrible things about Bitcoin including its death. One are those that don't really like the fundamentals and growth of Bitcoin and are already late investing on it. The other one are those folks that keeps on saying terrible things about it and want to see the price go down for them to start moving and buying it.

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December 26, 2023, 09:24:09 PM
 #84

Honestly at this point any one who follows Bitcoin and doesn't realize it is growing into becoming the world's largest single asset, easily eclipsing Gold next decade, is just not a bright person.
Well, there are Bitcoin investors who don't mind what's the status of Bitcoin on the list of world assets and how it is ranked right now. Because what matters to them is that they're already invested in Bitcoin and let it go along with the waves of the market itself and don't mind the growth of it because it's already embedded on its based on its history without doubting it. It's just going to be a matter of time until it reaches close to the total market capitalization of gold.

In another sense, they just really follow it and are not investors. I'd agree with what you've said that they're missing the whole thing, maybe they're bright but not bright enough to understand how Bitcoin is disrupting both technology and financial sectors.

It's strange that so many people want death of bitcoin. I don't understand that haters
They don't want Bitcoin to be dead, there are actually two people that are classified that wants to say terrible things about Bitcoin including its death. One are those that don't really like the fundamentals and growth of Bitcoin and are already late investing on it. The other one are those folks that keeps on saying terrible things about it and want to see the price go down for them to start moving and buying it.
If there would believers then expect that there would be haters and they do keep hating Bitcoin even until into this very moment on which its not really that shocking anymore on which it would really be just that right that you should be acting on the things that you do believe on your own. If you do believe on Bitcoin then dont make yourself get affected with these sentiments considering that it is really that negative. It is really just that  right that you should really be doing things on what you do know and what you are aiming on. For sure those haters and critics had already made out on changing up their minds that now bitcoin is clinging up back into its previous ATH. For sure they would really be thinking about into those possible reasoning again for Bitcoin to be dead.  Cheesy

They never learn and they are really just that making themselves getting left out by the train specially once this bull run would be starting. Some might really be a true critic of Bitcoin but there are
ones who are really just that pretending but actually keeping and accumulating Bitcoin in secret. lol

R


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red4slash
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December 26, 2023, 09:36:01 PM
 #85


This summary chart presents a fact that less people wanted to call "Bitcoin is dead" with time. It is an unofficial recognition for survival of Bitcoin.

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.
Because in the end saying bitcoin is dead will not be a valid data considering bitcoin will continue to grow so I think saying bitcoin is dead only for a few things that happen, especially for negative news, it will no longer be possible considering bitcoin is still there and continues to grow.
On the other hand, saying bitcoin is dead is mostly just to create its own response and panic but until now with the increasing number of people who are in bitcoin we should also already know that the refutation of the saying bitcoin is dead is also very much so that ways like this just to weaken bitcoin in my opinion are too stale and too the same which makes those who say like this now will actually be the target of bitcoin lovers.

R


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December 26, 2023, 10:11:49 PM
 #86

I think this person is just close-minded and doesn't have any idea what bitcoin is, or maybe some are those investors that have failed in their bitcoin investment, and maybe some are those bitter persons that like to badmouth bitcoin and spread false information just because they are jealous of what the capability of bitcoin is right now, and they can't take the fact that many people are being fortunate just because they spend time and effort to learn about bitcoin. So based on the chart, the number of people who say bitcoin is dead has decreased, maybe because some got tired of proving it was dead or maybe some actually joined bitcoin also. Well, that's a good thing because it means that many people who don't believe in bitcoin are becoming more curious and trying to explore bitcoin, which means bitcoin is really influencing and could attract people to invest.

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December 26, 2023, 10:44:53 PM
 #87

Yes, in conclusion, in my opinion, Bitcoin is becoming difficult to die because many new people invest in BTC, sometimes old people return to invest because they see Bitcoin's upward trend. yes, in the past the price of BTC fell like when FTX went bankrupt and at that time people were very frustrated investing in crypto, but with the fall in the price of BTC many people with a good mentality took advantage of this opportunity and finally the price of BTC recovered and of course accompanied by positive news like news about bitcoin etf etc. So until now the level of interest in BTC is increasing, the point is that currently there are very few people who say Bitcoin is dead because soon there will be BTC. halving but we will not know about BTC in the future. because people's thinking is very easy to change, especially if it is accompanied by negative news. Yes, I hope Bitcoin continues to live because I want to see the price of BTC continue to rise.

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December 27, 2023, 01:34:05 AM
 #88

It's strange that so many people want death of bitcoin. I don't understand that haters

And I bet that about none of them have read and understood the Bitcoin whitepaper.

-Joseph Van Name Ph.D.

Many hasn't gotten that time to read the Bitcoin whitepaper before making such judgement about Bitcoin going down. In as much as some who doesn't see Bitcoin going far doesn't mean it will fall instead it will bring something that would rather change their negative mindset or convince them totally that Bitcoin is here to stay for good.
I believe the more haters we have the more longer it will excel with many more years to be counted.

R


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December 27, 2023, 02:29:25 AM
 #89



A happy irony (at least to us who are Bitcoin believers) has come to the idea that Bitcoin is dead...because that idea or suggestion is dying and I am sure in 2024 it can be gone for good as the market is now accepting the fact that Bitcoin (just like the physical gold) is here to stay and there is already nothing that can stop its rise in the global marketplace. Let that be cemented next year, once and for all. We won and they are defeated! I am hoping that Elizabeth Warren and her minions is listening to this message.

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December 27, 2023, 02:30:28 AM
 #90

Many hasn't gotten that time to read the Bitcoin whitepaper before making such judgement about Bitcoin going down. In as much as some who doesn't see Bitcoin going far doesn't mean it will fall instead it will bring something that would rather change their negative mindset or convince them totally that Bitcoin is here to stay for good.
I believe the more haters we have the more longer it will excel with many more years to be counted.
They don't need to read all the Bitcoin White Paper or understand all technical things in Bitcoin protocol. It's for programmers who can understand code but as investors, people must read to learn basics of Bitcoin.

Learning basics will help them to see potential of Bitcoin blockchain for privacy, anonymity and decentralized network, censorship resistant.

They will understand about Bitcoin total supply and its scheduled future supply until 2140.

Those basic knowledge is enough for them to build up their belief in Bitcoin and start to become a diamond hand Bitcoin investor.

Controlled supply
How is the 21M Bitcoin cap defined and enforced.

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December 27, 2023, 04:25:51 AM
 #91

It's strange that so many people want death of bitcoin. I don't understand that haters
Well, it's their own opinion. Some people who are saying this are those people who missed the train.
Some people are telling this to spread negative to Bitcoin hoping Bitcoin will dump and that's the time they will do their entry.

So for me, this will continue even Bitcoin will reach further prices in the future, it will not stop.
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December 27, 2023, 05:09:58 AM
 #92

It's strange that so many people want death of bitcoin. I don't understand that haters
Well, it's their own opinion. Some people who are saying this are those people who missed the train.
Some people are telling this to spread negative to Bitcoin hoping Bitcoin will dump and that's the time they will do their entry.

So for me, this will continue even Bitcoin will reach further prices in the future, it will not stop.


It will never stop because people want to be right, not to face the truth. It's impossible to convince them.
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December 27, 2023, 05:44:59 AM
 #93


A chart means more than any word or long paragraph so let's firstly dive into above chart which was graphed by Jameson Lopp.

He made it with input data from Bitcoin Obituaries.

This summary chart presents a fact that less people wanted to call "Bitcoin is dead" with time. It is an unofficial recognition for survival of Bitcoin.

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.
Very ironically with each year passing by it becomes more and more difficult for the "Bitcoin is dead" narrative to be achieveable,reason being that each year the world keeps going digital and the urge for medium of exchange to follow suit is high,which is something the normal Fiat hasn't been able to achieved over time, the urge to go cashless is there the Government knows this is the way but can't accept it..

Bitcoin is here to stay,and to be honest Bitcoin actually came before it's time,it came when the world havnt not advance this much,today we have powerful technology for instance the AI(artificial intelligence) smart watches and smart phone..is a new down basically and is only with time the world will completely come to accept Bitcoin  as official medium of exchange
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December 27, 2023, 05:49:17 AM
 #94

No one can control hate as it comes naturally to those who missed the opportunity. Those who are still here after missing the early opportunity are the real believers of Bitcoin. What is find upsetting, is when I see the chart that most hate happened in 2017. I am unable to understand why so many obituaries came up at that time as it was the first time Bitcoin had a big ATH. It should have been the time to rejoice in the moment and be happy about Bitcoin's achievement. I can understand why it was still high in 2018 and 2019 but again it spiked in 2021. This means whenever Bitcoin goes up haters come out to create misinformation about Bitcoin so that others cannot ride the dream. 

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December 27, 2023, 06:04:15 AM
 #95

No matter what happens, Bitcoin was not created to die, fluctuations may happen but the value will remain the same, time shall come when people will start being afraid of investing but that's not for me, as far as many well meaningful persons have their investments in bitcoin, I only expect Bitcoin to change in price but it's existence will not be tampered, looking at the circumstances surrounding bitcoin, you will understand that this coin has suffered so much humiliation that no other coin pass through but it still withstand the wave, some countries has banned Bitcoin transaction through banks but the acceptance of Bitcoin by the institutions that accept it was not was not sanctioned, that's to say that Bitcoin has come to stay.

I agree with you, buddy: bitcoin is here to stay and will remain so for all eternity. If it were to die out, it would never be as popular as it is now. Since many people have been aware of bitcoin for a long time, it has not died, proving that anything in life without enemies never advances. In this particular instance, however, bitcoin has won over so many people that it has even turned them off to the idea of saving money in banks.

As far as bitcoin is concerned, no matter what people say, just ignore them. If you do, they will discourage you from reaching your goals. As for beginners, invest in bitcoin rather than other cryptocurrencies because it will never go down unless you sell it at a time when its price is extremely low. Therefore, my advice to everyone is to concentrate on your bitcoin goals and ignore what others have to say. When you succeed, they will be the ones to follow you around and show them how you did it.

.
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December 27, 2023, 06:37:14 AM
 #96

Many hasn't gotten that time to read the Bitcoin whitepaper before making such judgement about Bitcoin going down. In as much as some who doesn't see Bitcoin going far doesn't mean it will fall instead it will bring something that would rather change their negative mindset or convince them totally that Bitcoin is here to stay for good.
I believe the more haters we have the more longer it will excel with many more years to be counted.
They don't need to read all the Bitcoin White Paper or understand all technical things in Bitcoin protocol. It's for programmers who can understand code but as investors, people must read to learn basics of Bitcoin.

Learning basics will help them to see potential of Bitcoin blockchain for privacy, anonymity and decentralized network, censorship resistant.

They will understand about Bitcoin total supply and its scheduled future supply until 2140.

Those basic knowledge is enough for them to build up their belief in Bitcoin and start to become a diamond hand Bitcoin investor.

Controlled supply
How is the 21M Bitcoin cap defined and enforced.

I believe we still have those who knows the basic knowledge about Bitcoin but they still find it hard to accept the reality of Bitcoin and that it's here to stay, is like a double mind with one telling them to stick to the believe one day and very soon it will fall and 25% of the other is telling them that it won't. Is really a hard choice for them or should I call them unbelievers to accept things about Bitcoin. To me is like they do know much about Bitcoin but they're just skeptic about the whole thing so they stick to the idea that it will die off soon.

R


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December 27, 2023, 06:46:37 AM
 #97

No one can control hate as it comes naturally to those who missed the opportunity. Those who are still here after missing the early opportunity are the real believers of Bitcoin. What is find upsetting, is when I see the chart that most hate happened in 2017. I am unable to understand why so many obituaries came up at that time as it was the first time Bitcoin had a big ATH. It should have been the time to rejoice in the moment and be happy about Bitcoin's achievement. I can understand why it was still high in 2018 and 2019 but again it spiked in 2021. This means whenever Bitcoin goes up haters come out to create misinformation about Bitcoin so that others cannot ride the dream. 
And unfortunately for them, they have continued to fail, bitcoin have continued to soar even amidst the hate speeches that flied around and even the fake news that were being published all over back then, all in a bid to move those who have bought bitcoin to turn around and sell it, and also to discourage potential buyers from buying.

And one thing, which I now see as a fact is that, back in the day, every time such hate comes, bitcoin end up doing more Xs, and I believe that right now, haters have come to the realization that all their efforts yielded zero results in the past, and right now, they have ran out of motivation to  keep the "bitcoin is dead" movement going on, some, if not most, have even converted and have become bitcoin investors, lol  Grin.

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December 27, 2023, 07:26:42 AM
 #98

It's strange that so many people want death of bitcoin. I don't understand that haters

I don't think anyone on this forum would be wanting that Bitcoin should end. We are here on this forum because we like the cryptocurrency and bitcoins in particular.

Now speaking generally Bitcoin is being adopted by countries and now institutions are coming in bitcoins adoption and sooner than our thinking the Bitcoin ETF is also going to be approved so Bitcoin is something with is not going anywhere.
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December 27, 2023, 07:35:28 AM
 #99

I've seen crypto currencies but not one like bitcoin, I've taken out time to study about bitcoin as well as other crypto currencies and I can proudly say that bitcoin is a one if a kind asset, the chart about proves it that bitcoin can only get bigger and better, rather than crash just as some people believe it to.

I know a lot of people are looking forward to seeing bitcoin fail, even the government and lawmakers have pulled a few strings just to make sure bitcoin fails but they're always disappointed and will always be. Bitcoin has so far proven to be the safest crypto to invest in.
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December 27, 2023, 08:32:10 AM
 #100

Many hasn't gotten that time to read the Bitcoin whitepaper before making such judgement about Bitcoin going down. In as much as some who doesn't see Bitcoin going far doesn't mean it will fall instead it will bring something that would rather change their negative mindset or convince them totally that Bitcoin is here to stay for good.
I believe the more haters we have the more longer it will excel with many more years to be counted.
They don't need to read all the Bitcoin White Paper or understand all technical things in Bitcoin protocol. It's for programmers who can understand code but as investors, people must read to learn basics of Bitcoin.

Learning basics will help them to see potential of Bitcoin blockchain for privacy, anonymity and decentralized network, censorship resistant.

They will understand about Bitcoin total supply and its scheduled future supply until 2140.

Those basic knowledge is enough for them to build up their belief in Bitcoin and start to become a diamond hand Bitcoin investor.

Controlled supply
How is the 21M Bitcoin cap defined and enforced.

I believe we still have those who knows the basic knowledge about Bitcoin but they still find it hard to accept the reality of Bitcoin and that it's here to stay, is like a double mind with one telling them to stick to the believe one day and very soon it will fall and 25% of the other is telling them that it won't. Is really a hard choice for them or should I call them unbelievers to accept things about Bitcoin. To me is like they do know much about Bitcoin but they're just skeptic about the whole thing so they stick to the idea that it will die off soon.

I think as time passes and Bitcoin is still alive it becomes more normalised for more
people. I believe next year or 2025 after the halving and after the resulting Bull run
if the market price drops some people will be calling the death of Bitcoin.

Then again if these ETF's get approved the normalisation and acceptance will increase.

Back in 2017 when Bitcoin broke all believable barriers and roared up to the $20k
zone and the resulting correction is when "everyone" was calling the death of Bitcoin,
but in the following years as that $20k is a distant memory its clear to those that
death is not happening....and it will become clearer and clearer as time passes.

R


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