Another year is going to end. Bitcoin isn't dead

[Sexylizzy2813]

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.

You should know that is normal for those who sees something going in a positive way to react negatively like these set of people only have to feel happy when they see Bitcoin losing its price or should I say going down like you said and they don't care to know how it got to the current amount but their wish for it to stop existing. I believe before the end of next year Bitcoin price will prove them wrong, they should be seeing Bitcoin as Fiat and it has come to stay, no going back.

[rodskee]

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.

While we are still in bull now , there is no way why people can say that bitcoin is dead or
will ever die any time soon. so lets hold that belief and trust that bit will continue progressing and may
bring more profit to all of us , this is a future currency and that is what I do believe.

[Odusko]

Are those slogans still available,  i don't think so because since for a few years now, many of the Bitcoin attackers who sponsor all those hate statements and wrong assumptions of Bitcoin have always been disappointed with the way Bitcoin has kept on moving and also gaining users' trust and usage,  this progress can ve saw in the value of Bitcoin.
We all saw how bitcoin has risen in price since the last few months back, a price movement that indicates an increase in usage and adoption of Bitcoin as an asset.

[Dailyscript]

Since bitcoin existed it has not come to an end, is it now it is gaining mass global adoption that would make it come to an end? Bitcoin has brought us closer to the future and technology, and many are yet to get the experience.

[Sexylizzy2813]

Since bitcoin existed it has not come to an end, is it now it is gaining mass global adoption that would make it come to an end? Bitcoin has brought us closer to the future and technology, and many are yet to get the experience.

All these are something doubters know but they just want it to die for them to clap and say they told us so, but I know is never going to happen the way they want it. Bitcoin has so many changes to make in countries that have accepted it and before you know it 80% of the countries in the world would accept it and make it legal, and we won't be hearing Bitcoin is dead any more with any little drop of it's price.

[Y3shot]

It’s funny how the bitcoin is dead concept never dies. It’s like every person person who doubts bitcoin continuously fails to convince everyone not to believe in bitcoin. It's a testament to the robustness of the cryptocurrency and the challenges it has overcome.

It is very funny honestly.  Sometime ago I was on twitter which I saw an old meme people were saying things about bitcoin that bitcoin is dead. And in the last recent dip that bitcoin went down to the bottom some people concluded then that bitcoin was dead, it is not going to have  value again but today see the price of bitcoin.  People who say things about bitcoin no nothing about bitcoin,  bitcoin will always prove them wrong.

[nurilham]

Since bitcoin existed it has not come to an end, is it now it is gaining mass global adoption that would make it come to an end? Bitcoin has brought us closer to the future and technology, and many are yet to get the experience.

What do you mean, dude? 
Mass adoption doesn't mean to end of the Bitcoin existence. It even makes Bitcoin to survive stronger and probably has brighter future. It doesn't make sense if the mass global adoption to lead to the end of Bitcoin. I don't see any correlation between them.

When there are many people who don't have the experience with Bitcoin, it is a potential for more new people to join Bitcoin. If there are many new people joining it, the popularity of Bitcoin will be rising significantly. And when most people use Bitcoin and they adopt it to every sector in life, it will exist stronger because people can't be apart with Bitcoin.

[Youngkhngdiddy]

Those who don't understand Bitcoin will like to destroy the coin but the decentralized nature of the technology keeps it outstanding stronger. And those what Bitcoin to be dead is happy whenever happened to Bitcoin but since Bitcoin can't be harm and the coin is growing day by day and they can't do anything to destroy it so they have to give up. And anyone who want your dead must plan evil against you. And there is no way those people are not planning evil against you. But karma and nemesis is always on the way to them.

The chart shows that Bitcoin was predicted to die this year but seeing Bitcoin growing stronger this year, made them to stop updating their chart and who knows they are investing in Bitcoin.

    Bitcoin is here to stay and is not going anywhere, since its invention since 2009 its has strive to become one of the most valuable asset to own. Bitcoin is indeed growing. Don't look at the price, as that is not indicative of the growth or lack-thereof. Bitcoin cannot die unless miners are no longer incentivised to mine Bitcoin and all peers in the network are shut down. When no new transactions are written to the network, it will mean that Bitcoin has died.
    It's not just bitcoin. The issue is that the global banking and payments system is fundamentally broken. Bitcoin is merely one part of general set of financial technologies that will reshape the banking system. People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded. Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

[goldkingcoiner]

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.

I have never really understood people's preemptive panic about being Bitcoin being dead every single time there is a huge dump correction. Sure I can understand the fear and uncertainty that people feel, especially those who are new to Bitcoin, but I still would never assume something just because someone else said it or because I have a "gut feeling".

Without an objective proof, there is no point in saying or believing that Bitcoin is dead. That is to say: there is absolutely nothing that this rumor is based on. (If you can even call it a rumor in the first place...)

[hd49728]

I have never really understood people's preemptive panic about being Bitcoin being dead every single time there is a huge dump correction. Sure I can understand the fear and uncertainty that people feel, especially those who are new to Bitcoin, but I still would never assume something just because someone else said it or because I have a "gut feeling".

Without an objective proof, there is no point in saying or believing that Bitcoin is dead. That is to say: there is absolutely nothing that this rumor is based on. (If you can even call it a rumor in the first place...)

Because they are newbies, don't understand how Bitcoin blockchain works and when the network, mempools have problems, dead FUD will be used to make newbies panic sell.

It does not need to have any solid logic behind of "Bitcoin is dead" FUD but newbies are a most vulnerable participants in this market to be affected by FUDs, not only by "Bitcoin is dead" FUD. It is a lowest level of FUD but it usually comes from big names with great influence.

A higher level is at governmental, regulatory level and it will affect not only newbies but people who are in this market for a while and even years. This blockchain industry and cryptocurrency market are very new and super sensitive with new regulatory enforcement.

[The Sceptical Chymist]

It is curious that the peak of that chart is in 2017.

You know what?  That was my first thought as well, only because bitcoin was soaring for much of the year and only started its downward slide at the very end of that year.  I wouldn't have expected the death of bitcoin to be forecast in a year in which its price was booming.  2018 I can definitely see where the gloom might have set in, but not 2017.

And Christ, I remember all of these proclamations from way back when I registered, so they mean absolutely nothing to me now (if they ever did).  That just goes to show you people are really bad at predicting the future, especially when it comes to markets.

[puloweh555]

Are those slogans still available,  i don't think so because since for a few years now, many of the Bitcoin attackers who sponsor all those hate statements and wrong assumptions of Bitcoin have always been disappointed with the way Bitcoin has kept on moving and also gaining users' trust and usage,  this progress can ve saw in the value of Bitcoin.
We all saw how bitcoin has risen in price since the last few months back, a price movement that indicates an increase in usage and adoption of Bitcoin as an asset.

This slogan will continue to exist, because every country will always hate bitcoin and in every way they want to frame bitcoin with bad things, even campaigning for bitcoin to die or the end of bitcoin. but it turns out that until now bitcoin has not died, in fact the price is increasing.

This is because the USD is starting to be dedollarized, if you add more bitcoin it could be even more dangerous for America. It's natural that America is hostile to and wants to kill Bitcoin. Bitcoin was created to be free from regulators, so that there would be no incidents like the case of Russia where its USD reserves could be frozen carelessly by America. So that investor money cannot be frozen or confiscated unilaterally by any government.

Also so that there are no cases where investors' funds just disappear like bank customers who can suddenly disappear up to millions of dollars without a trace. Investors can store their assets in their personal digital wallet (cold wallet) if they want their bitcoins to be safe, not on an exchange. Storing crypto on an exchange is similar to storing money in a bank, it can be misused by the exchange.

[SquirrelJulietGarden]

And Christ, I remember all of these proclamations from way back when I registered, so they mean absolutely nothing to me now (if they ever did).  That just goes to show you people are really bad at predicting the future, especially when it comes to markets.

We can not predict the market correctly and we are usually bad with our predictions. If we rely on our predictions or even predictions from experts and bet with money, we will lose money with wrong predictions.

After 14 years, Bitcoin now is no longer a baby cryptocurrency and blockchain is no longer a newborn technology. I agree that we can not predict the market precisely but I believe that we can say Bitcoin will less likely die. After 14 years, Bitcoin is stronger now and if it was not dead in 2009, 2010 or 2011 or after the Mt.Gox hack, I see it will not die in future.

The bullish case for Bitcoin.

[champions]

Since 2017, many people have been talking about Bitcoin, which has created a bad reputation for Bitcoin. Those who invest or have invested love and believe in Bitcoin and will never make a dent.  And those who don't like Bitcoin are just giving Bitcoin a bad name. And those who believe in Bitcoin are now succeeding. Bitcoin will rise again in 2021. This means that every time Bitcoin goes up some Bitcoin Rebels create misinformation about Bitcoin.

[gabbie2010]

It’s funny how the bitcoin is dead concept never dies. It’s like every person person who doubts bitcoin continuously fails to convince everyone not to believe in bitcoin. It's a testament to the robustness of the cryptocurrency and the challenges it has overcome.

It is very funny honestly.  Sometime ago I was on twitter which I saw an old meme people were saying things about bitcoin that bitcoin is dead. And in the last recent dip that bitcoin went down to the bottom some people concluded then that bitcoin was dead, it is not going to have  value again but today see the price of bitcoin.  People who say things about bitcoin no nothing about bitcoin,  bitcoin will always prove them wrong.

Painting of Bitcoin in a bad light is very common on social media especially when it price dumped and sort of negativity about how billions of dollars was liquidated and  that Bitcoin is dead it would never recover etc the same thing happened in the wake of COVID-19 the price of Bitcoin dumped inspite of all those bad writeups, post and comment on Bitcoin it rose against all odds to ATH, Bitcoin has come to stay and with the green light on likely approval by SEC next year and halving of Bitcoin there is a likely massive pump in it price next year more investors would come on board to invest in the most popular cryptocurrency in the world thus stamping it for long term investment friendly asset.

[Shishir99]

This thread title and the OP reminded me of a meme Immediately. let me share it first and then I will write something.



We have seen such things a lot of times. Every time Bitcoin goes down, people start saying Bitcoin is dead. Eventually, Bitcoin bounced back. No matter how dip it was. They killed Bitcoin too many times. But still, Bitcoin is the main currency that dominates the crypto market. Another year will come and Bitcoin will be at the top. At least for the next ten years.

[Nheer]

Since bitcoin existed it has not come to an end, is it now it is gaining mass global adoption that would make it come to an end? Bitcoin has brought us closer to the future and technology, and many are yet to get the experience.

Bitcoin has gone far way beyond its existence coming to an end, we have seen alot of downside from it in the past and lots of people who awaits the slightest opportunity to criticize it and try to predict bitcoin existence would come to an end but how does bitcoin react to these criticism? I just love it, the way it proves doubters wrong, it always bounces back no matter how deep it falls.

This shows it has the potential of reaching even greater heights in future and people who try to paint bitcoin image bad are only missing out on the benefits bitcoin of adopting bitcoin, they need to understand that bitcoin is not just the baby coin they knew years back it has grown into a global asset which cannot die overnight.

[OrangeII]

in fact bitcoin still attracts a lot of attention today. I think people who say "bitcoin is dead" are people who may have given up on investing in bitcoin, or may have experienced significant losses due to the wrong strategy. Apart from that, I think that every year a lot of people benefit from using bitcoin, and the potential price of bitcoin could even be greater in the future. However, people spreading FUD will definitely still exist. I suggest focusing on the investment strategy that we have created.

[blockman]

The skeptics have another heartbreaking year when they've thought that Bitcoin is about to get dead but then, it's not yet dying. They're going to get old with hatred on their hearts. And no matter how die hard they're going to wait and say that Bitcoin is dead, it has been dead on their minds for hundred times and yet it's becoming stronger every time it is bouncing back after the ATH that it has reached. They have to look at the institutions that have already said it once or twice that they dislike Bitcoin but look, they eventually started to like it and even invested millions of dollars on it. And we're also about to see the possible approval of Bitcoin ETF by this upcoming January 2024.

[someone703]

I'm so sick of hearing people say Bitcoin is dead. It's like hearing that the sky is falling. In fact, the more I hear people say Bitcoin is going to crash, the more I think it's actually going to do well. It's like a tree that grows taller the stronger the wind blows, right?

I don't think we should be so quick to judge. Instead of yelling at each other, why don't we just learn more about Bitcoin? Let's analyze it logically and see what we come up with. If you believe in Bitcoin, great. If you don't, that's fine too. But at least we'll all have a better understanding of what we're talking about.