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Author Topic: Another year is going to end. Bitcoin isn't dead  (Read 841 times)
Rruchi man
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December 22, 2023, 07:47:13 PM
 #41

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.
Every year that bitcoin survives, is slap in the face of critics who wish bitcoins bad and are always quick to say that bitcoins will fail.

 These little disappointments to the predictions of these critics can change the mind of people who use to believe in them and take everything they say very seriously. Every year the number of believers and investors in bitcoins will increase because each new year is a testimony of the credibility of bitcoins.

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December 22, 2023, 07:56:05 PM
 #42

BREAKING NEWS: Bitcoin isn't dead.

I wasn't expecting this to be news. Bitcoin is going stronger and we can measure that is on the amount of people who have adopted Bitcoin in the past 5 years.

At this point anyone thinking Bitcoin would dies is an idiot. And needs psychiatric evaluation. Infact those websites propagating these propaganda should be blocked or banned. I consider it like almost a hate speech.

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December 22, 2023, 08:00:52 PM
 #43

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.
Every year that bitcoin survives, is slap in the face of critics who wish bitcoins bad and are always quick to say that bitcoins will fail.

 These little disappointments to the predictions of these critics can change the mind of people who use to believe in them and take everything they say very seriously. Every year the number of believers and investors in bitcoins will increase because each new year is a testimony of the credibility of bitcoins.

We already surpassed a decade of market existence, and so far it is just going stronger.
So the idea that this market is going to be dead is going away as they are seeing that this market is actually proliferating.
And those who called this market as fake, dead or whatever they think bad, will lose their credibility if they won't stop saying negative things towards this market. And the opposite happens.
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December 22, 2023, 08:26:16 PM
 #44

I'm a very simple guy. Since becoming a Bitcoin enthusiast and I hear that Bitcoin is dead, I click buy. When we get a spot Bitcoin ETF, the number of times that Bitcoin is considered dead will dramatically reduce.  These days, there's almost zero negative sentiment about Bitcoin being dead aside from the high transaction fee situation that currently plagues the network.

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December 22, 2023, 08:29:16 PM
 #45

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.
The first website of 99bitcoins looks great but if we want to see the graphical representation then the second website is better. I really liked these both, thanks for sharing them here. And I did not knew there were hundreds of obituaries about BTC but it still ends up being alive I guess nobody gave any obituary to buybitcoinworldwide websites as they are dead now hahaha.

I think people are into BTC because big companies are talking about it, I am not very used to listening to every news that the SEC shares but till now I have heard that BlackRock has had almost 5 meetings with the SEC for ETFs. The meeting numbers tell me that something is cooking but I hope it is not because it will dump the market in a way that no one would have predicted but if things go right then we are going to make good money.

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December 22, 2023, 08:38:23 PM
 #46

Too many people expecting Bitcoin to die. Every year we get a new a

 frontier advocating for Bitcoin to die, even going as far as influencing some governing and regulatory bodies, the same fate awaits them all as with their predecessors.

Governments have also, in most cases, banned Bitcoin and its related services, which is another way of saying "we want Bitcoin dead" but  it has always been a failed project.

I'm fed up with people talking about "Bitcoin dead". Let them all put hands together to advance what cannot be changed...Bitcoin and the Blockchain technology.

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December 22, 2023, 09:21:59 PM
 #47

One thing I know is that whenever people try to kill a particular thing it ends up being the reason for the raise, it could even be that the "Bitcoin is dead" has brought more adoption to Bitcoin because since it fall to works planned people must have looked at it critically, the said subject isn't dead as speculated that means its what investing on or venturing into speaking from my empathetic understand.

Bitcoin is never same as this Altcoins so the death of Bitcoin can't be speculated, if Bitcoin wasn't this decentralized or was an alternative coin, then the Bitcoin is dead concept would have gotten strong.
I will not still be surprised if it raises again after the halving, when it starts dumping again.

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December 22, 2023, 10:11:18 PM
Merited by The Sceptical Chymist (3)
 #48

One thing that is also depicted in this graph is how every "bitcoin/crypto is dead" coincides with large issues in the industry. 2017 we first experienced one of the worst crashes in the bitcoin network and crypto itself. 2020 was a little surprising since it was one of bitcoin's lowest price points in its history, but that's probably because everyone's so caught up with the global pandemic that people forgot to bother calling bitcoin dead or whatever lol. It quickly caught up on 2021 though, as despite the fact that it was when bitcoin experienced its 60k ATH price people were still so quick to say that bitcoin is dead.

People who think crypto is dead will continue to think that it is dead regardless of the true market situation that bitcoin is in, if people aren't able to enjoy the bounce in crypto valuation they'd automatically think that it was right they didn't invest on a dying industry. That is until FOMO comes up and they actually start losing money from investing on a cyclical investment venture about to be done with its cycle.
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December 22, 2023, 10:17:24 PM
Last edit: December 22, 2023, 10:30:12 PM by Renampun
 #49

...

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.

where did warren buffet or his friends go who once said bitcoin was just a bubble that would die and pop eventually lol. Until now there are no signs that Bitcoin will die, in fact every year there are many new people who enter Bitcoin, currently there are millions of people in the world who know Bitcoin. I also see that enthusiasm for bitcoin continues to increase and it is even predicted that more and more countries will start to use bitcoin as their protective currency, bitcoin to $1 million is possible but bitcoin to $0 is impossible.



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December 22, 2023, 10:24:02 PM
 #50

I am not getting why FUDers aren't learning yet. Bitcoin is in front of us, and we are seeing how it is growing. I can't imagine Bitcoin being dead anyway. We might see something like Bitcoin, which would be more developed than Bitcoin, but that doesn't mean Bitcoin would replace or be dead. From the beginning of the Bitcoin journey, there were FUDers, and still they are doing their task. But who cares? Bitcoin is doing its own job by growing rapidly. No FUD could stop Bitcoin now.

Yeah! I think they're missing the big picture.  Bitcoin has had its ups and downs over the years, but it just keeps sticking around, and getting more popular to boot.  Sure, it's not perfect but what new technology is?  I don't think all the FUD is gonna make bitcoin go away at this point.  Heck, it feels like the more folks trash talk it the stronger it gets.  Who knows, maybe the FUDers will come around one day and see that this whole decentralized money thing aint so bad after all.  But even if they don't, I don't see Bitcoin dying off any time soon and  it's got too much momentum now.

The way I see it, digital currency is the future - FUDers be darned!

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December 22, 2023, 10:41:45 PM
 #51


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.

Absolutely, charts can speak volumes, especially in the crypto world. Jameson Lopp's work with the Bitcoin Obituaries data is a great example. It's fascinating how these charts show the change in sentiment over time, like a visual story of Bitcoin's resilience.

That declining trend in the "Bitcoin is dead" narrative really does feel like an unofficial nod to Bitcoin's staying power. It's like the more it survives the ups and downs, the more people start to believe in its longevity.

It's a bummer to hear Buybitcoinworldwide.com isn't updating their chart anymore. Those resources are super helpful for getting a quick visual pulse on market sentiment. But hey, maybe someone else will pick up the slack, or new ways of tracking these sentiments will pop up. In the fast-moving crypto space, there's always something new around the corner! 📊🚀💪📈

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December 22, 2023, 11:24:39 PM
 #52

Bitcoin has been claimed dead a lot of times. But look at it now, it receives even more recognition from people all over the world, that's why as time goes by, people have become more inclined to understand and appreciate bitcoin because the main concept of bitcoin deserves to be appreciated as well.

However, based on the graph, year 2017 has made bitcoin totally surged, and that's when the time that bitcoin and altcoins are both profitable and are very promising to invest. But as years go by, bitcoin only survived and the more bitcoin stays longer in the market, the higher the chances that people will likely to acknowledge that bitcoin isn't dead and will never be considered dead as long as it remains the king of crypto in the market.

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December 22, 2023, 11:54:50 PM
 #53

I’m curious on how he gather data for this to come up with this chart. Is he gathering data through social media post or conducting survey with limited number of sample worldwide.
You missed it.
He made it with input data from Bitcoin Obituaries.
Jameson Lopp used data from Bitcoin Obituraries website for the chart.

That website allows you to submit any Bitcoin obituary but they have criteria to accept it.

Submit: https://99bitcoins.com/bitcoin-obituaries/#submit
What qualify as an obituary? https://99bitcoins.com/bitcoin-obituaries/
Quote
As the prime source for Bitcoin obituaries we use the following guidelines in order to qualify an obituary:

  • The content itself (not just the headline) must be explicit about the fact that Bitcoin is or will be worthless (no “maybe” or “could”).
  • The content was produced by a person with a notable following or a site with substantial traffic.
  • At the time being we only accept obituaries in English.

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December 23, 2023, 03:23:08 AM
 #54

I am not getting why FUDers aren't learning yet. Bitcoin is in front of us, and we are seeing how it is growing. I can't imagine Bitcoin being dead anyway. We might see something like Bitcoin, which would be more developed than Bitcoin, but that doesn't mean Bitcoin would replace or be dead. From the beginning of the Bitcoin journey, there were FUDers, and still they are doing their task. But who cares? Bitcoin is doing its own job by growing rapidly. No FUD could stop Bitcoin now.

Yeah! I think they're missing the big picture.  Bitcoin has had its ups and downs over the years, but it just keeps sticking around, and getting more popular to boot.  Sure, it's not perfect but what new technology is?  I don't think all the FUD is gonna make bitcoin go away at this point.  Heck, it feels like the more folks trash talk it the stronger it gets.  Who knows, maybe the FUDers will come around one day and see that this whole decentralized money thing aint so bad after all.  But even if they don't, I don't see Bitcoin dying off any time soon and  it's got too much momentum now.

The way I see it, digital currency is the future - FUDers be darned!


If someone spreads that bitcoin will die, the bitcoin bubble will burst...if this happened years ago, we can argue with them. But now, bitcoin is almost universally accepted and the approval of ETFs is only a matter of time, and if someone is still propagating nonsense like bitcoin will die then we should not waste time to argue with such retarded people. Don't waste our time on those useless things.

Up to now, it can be said that bitcoin is inevitable, and what we need to do and care about most at this time is: How much bitcoin can we own before it becomes more valuable? Buying bitcoin is gradually becoming more difficult as its price increases with no end in sight.

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December 23, 2023, 03:53:21 AM
 #55

Too many people expecting Bitcoin to die. Every year we get a new a

 frontier advocating for Bitcoin to die, even going as far as influencing some governing and regulatory bodies, the same fate awaits them all as with their predecessors.
let them advocate because in the end ? they will still feel stupidity about their actions .
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Governments have also, in most cases, banned Bitcoin and its related services, which is another way of saying "we want Bitcoin dead" but  it has always been a failed project.
government cannot control bitcoin so what can we expect from thme? they want to control everything in the world lol.
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I'm fed up with people talking about "Bitcoin dead". Let them all put hands together to advance what cannot be changed...Bitcoin and the Blockchain technology.

where are those people that called bitcoin to be dead or dying? as the years moving they are also gone .









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December 23, 2023, 04:04:22 AM
 #56

Bitcoin continues a strong resurgence as another year comes to a close. Given Bitcoin's ability to bounce back and adapt in the face of pressure, mass adoption isn't likely to kill it anytime soon. Its decentralized nature and growing support from influential individuals and institutions have strengthened its position in the global financial system. Despite skepticism and opposition from traditional financial institutions, Bitcoin continues to grow in popularity and value. I think there is not much time left for Bitcoin to become a proper and permanent form of digital currency in the world for the foreseeable future.

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December 23, 2023, 04:26:45 AM
 #57

Bitcoin is a digital assets technology that is anonymously and individually on its peak to tackle the biased the economical systems is presented while it is envied by other related digital marketing asset's has has being in a collective measures to tanish the image of the great intergitfied Bitcoin but because Bitcoins vitality either at its volatilities of depreciations or appreciations is always considered as a period of time to offer increase of profitabilities at when the price is high while at when the price is lower is paving the expectants individuals who perceives the potentials of Bitcoin and hope to embrace the mighty bitcoins industry at its average value with the rate of affordable capital that is appreciable to acquire a minimum fractions of Bitcoins.

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December 23, 2023, 06:13:52 AM
 #58

I don’t know why there are so many people still hoping and praying for bitcoin to die as time passes by. Bitcoin has shown a lot of resistance that it cannot be tempered with and a very clear and transparent roadmap for everyone to see its doggedness. Why then hate on a technology that will provide total freedom to your financial holdings? People think differently but in this case, they make me laugh at them. While I take a sip of tea, let’s see what the next biggest doubters will say about bitcoin again.

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December 23, 2023, 06:42:14 AM
 #59


BREAKING NEWS: Bitcoin isn't dead.


Ha ha. right, great tagline.

I wasn't expecting this to be news. Bitcoin is going stronger and we can measure that is on the amount of people who have adopted Bitcoin in the past 5 years.

At this point anyone thinking Bitcoin would dies is an idiot. And needs psychiatric evaluation. Infact those websites propagating these propaganda should be blocked or banned. I consider it like almost a hate speech.

Only those with less advanced thinking always say that BTC will soon go away. I met a number of people and businesses who wanted help learning and making transactions in the bitcoin field.

It's not too much of a hassle I think as Users don't need to buy Bitcoin in its entirety and can buy a small percentage that matches the value of their cash investment. Otherwise they wouldn't care about it and the fact that even now there are still people who have managed to make a living with bitcoin is that not enough to see and pay attention to.
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December 23, 2023, 06:55:42 AM
 #60

I don’t know why there are so many people still hoping and praying for bitcoin to die as time passes by. Bitcoin has shown a lot of resistance that it cannot be tempered with and a very clear and transparent roadmap for everyone to see its doggedness. Why then hate on a technology that will provide total freedom to your financial holdings? People think differently but in this case, they make me laugh at them. While I take a sip of tea, let’s see what the next biggest doubters will say about bitcoin again.
Because they're adults that have belief that has already have a strong foundation and bitcoin challenges those beliefs so they end up with the closest conclusion that they can get out of bitcoin, that it's a fad that would die anytime soon, just like all the other fads that they've witnessed before, they bunch bitcoin with those and as much as I despise that idea that there's still a mindset like that existing even at this day and age where we're surrounded by high tech stuff that was only a dream back in the 90s, I can't blame them. You don't really want to change your mind if you're unsure of something so they're just being a normal people doing stuff like this, maybe if we teach our kids and other people to have an open mind, maybe we can see the slow demise of these people that you're talking about.



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Rainbot
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