Is Bitcoin Still Dead?

[The Cryptovator]

If you are too emotional, then it's not easy to gain from cryptocurrency. There will always be FUD, and we have to understand how we should handle it. If you just believe what others have been saying, including the media, then you will always be afraid. You can't buy Bitcoin even if it falls to the $5K zone. It's because you aren't ready to take the risk anyway. Without taking a risk, who can gain in crypto? I don't think you can gain anything if you read all the fake news. Investing in crypto means you shouldn't panic during the FUD. Bypassing all the FUD Bitcoin stands very strongly and is currently trading appropriately at $70K, creating new records. 

[Churchillvv]

This one of the many times I have seen this Bitcoin is dead article, once Bitcoin goes into dips it's considered dead, that hilarious. Bitcoin have been for a decade plus and yet it's not dead, is it a for just a little dips that it will be dead? Bitcoin has proven itself for over years now and there is nothing anyone can say that will pull people of of it.

This concept of bitcoin is dead was coined by some big time I
haters of Bitcoin and from this have decided not to make any profit from it trying all there best to push people out of it with there so called articles, perhaps I have trust in Bitcoin and I'm absolutely enjoy it's volatile nature, it's a unique currency.

[Blitzboy]

I dont get the part of Bitcoin is still dead. or Bitcoin is a deal? I mean you always see how Bitcoin recovers from the drops it has its ups and downs for sure but wasn't dead at all, I mean it has its up and downs for sure and that was probably a normal thing, especially in a market like a cryptocurrency, its still kinda new technology even though it was already running for many years, how is it dead like your saying?

If you are going to ask me these kinds of things are just normal, there are always going to be believers in Bitcoin and people that is not going to like it for sure, there will be haters and some who are not going to believe in what Bitcoin can actually do or can actually achieved that was just pretty normal for sure. It was completely fine if they dont believe in it then just dont invest in it at all, if they think the Bitcoin is dead then dont buy it at all, but the fact that you could already see Bitcoin recover many times saying that Bitcoin is something, it wasn't dead at all.

If you were not lucky at all to buy Bitcoin when the market price is low, it's still going to be okay because there are always going to be an opportunity for you to get in, Even though your wasn't lucky at all with that, I still going to recommend investing on Bitcoin, because it is just the safer investment that you could make especially here in the cryptocurrency market, its a very risky investment for sure but you could say that the profit was fast compared other investment that you could make, Investing on altcoin market for sure is tempting, I wouldn't really going to stop you investing on altcoin market because you can already see the ROI of this altcoins compared to Bitcoin it has a higher return but for sure that is going to be riskier to Bitcoin. what you could easily do here in invest a high percentage of your portfolio on Bitcoin then probably 10% put it on altcoins just to see and gamble it, I mean it wouldn't really going to hurt losing that 10% its going to be a calculated risk you could easily recover form it.

People have been saying its dead, wrong. Its been vindicated time and time again. Its all about cycles; ups and downs are part of the game, especially in something as groundbreaking as cryptocurrency. You've got the believers and the doubters, but thats just the nature of any revolutionary technology.

Bitcoin isnt just another asset; its the future of finance. Sure, its got its risks, but what doesnt? The key is being smart about it. Like you said, diversify. Put a chunk in Bitcoin because its solid, its proven. Then play a bit with altcoins - 10% sounds about right. Its not just about making a quick buck; its about believing in the technology, in the change it represents. And for those naysayers? Let them stay on the sidelines. We'll see who's right in the long run

[hd49728]

If you are too emotional, then it's not easy to gain from cryptocurrency. There will always be FUD, and we have to understand how we should handle it. If you just believe what others have been saying, including the media, then you will always be afraid.

Absorb FUD and adapt to FUD as normal things in the market are lessons and challenge for newbies in this market. They will need a lot of time in this market to experience and learn about FUD and its effects.

It can take some months and even three or four years for newbies to understand this. FUD in bull market looks to be less in numbers and less severe than FUD in bear market. In bear market, people are more sensitive with FUD than in a bull market.

You can't buy Bitcoin even if it falls to the $5K zone. It's because you aren't ready to take the risk anyway. Without taking a risk, who can gain in crypto? I don't think you can gain anything if you read all the fake news.

It is comfortable to see price rises with time but it is very painful to see price drops with time. Newbies will feel FOMO when price rises and panic when price dips, even rises and dips are in a big bull market.

In a bull run, dips are chances to buy and hold, not to panic sell and exit the market with loss.

[Bushdark]

This one of the many times I have seen this Bitcoin is dead article, once Bitcoin goes into dips it's considered dead, that hilarious. Bitcoin have been for a decade plus and yet it's not dead, is it a for just a little dips that it will be dead? Bitcoin has proven itself for over years now and there is nothing anyone can say that will pull people of of it.

This concept of bitcoin is dead was coined by some big time I
haters of Bitcoin and from this have decided not to make any profit from it trying all there best to push people out of it with there so called articles, perhaps I have trust in Bitcoin and I'm absolutely enjoy it's volatile nature, it's a unique currency.

Such kind of article was in the time past not now that the price of Bitcoin has skyrocket giving us more of green candles.
We should be happy that we are in the bull because a lots of people had been manipulated to sell their Bitcoin with loses because they thought Bitcoin would never go bullish. We need to understand the market so some random people would not receive us to sell our holdings because the market has been moving in a consolidated manner. More green candles coming.

[DanWalker]

It's been a long time since I've seen anyone, or seen articles circulating about the death of bitcoin. Honestly, I would love to see more viral articles about bitcoin dying. Because every time those articles appear, I know I have an opportunity to buy more bitcoin cheaply. But I'm pretty sure we won't find any such articles during this bull season and no one will be interested in it because everyone is busy making profits from bitcoin. But in a bear market, I think we'll see more bitcoin dead posts and that's a sign it's time to buy more bitcoin  .

[Hallroom]

Many times I've missed the opportunity of buying Bitcoin dip because of media sentiments. In 2022, when Bitcoin was $17,168.57, which would have been a good time to build a larger holding, some claimed Bitcoin was on the road to irrelevance others said it was dead. I could understand and agree with them because the value of bitcoin had peaked at USD 69,000 in November 2021 before falling to USD 17,000 as at the mid-June 2022.

After that time, the value had fluctuated around USD 20,000. And the same media claimed it was an artificially induced last gasp before the road to irrelevance. It seemed true as the FTX  bust had sent the bitcoin price to well below USD 16,000.

Later in 2023, Forbes headline crushed the confidence of many Bitcoin enthusiasts, saying if ETFs managed by asset managers are too successful, they will completely destroy bitcoin. Other sentiments like Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers and that the approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment.

Yet today, I saw the image above and it suddenly got the question into my head, Is Bitcoin still dead? We've all seen how Bitcoin has weathered through all the critics and FUD to breaking above USD 70,000 steadily since the beginning of 2024. There's all indication it's headed toward USD 100,000. What are you all thinking about these feet.

Should those who didn't buy all along dare to jump in or would you recommend going for ALTs as the rising of Bitcoin often drag along the altcoins. Let me hear your thoughts?

Bitcoin price changes all the time, about a year ago Bitcoin price was a small price from where buying a dip in Bitcoin would have resulted in 4 to 5 times more profit than today. Note that only long term is the most valuable, the more dips you buy and hold for longer the more you can reap the benefits. Of course, it is very likely that Bitcoin will hit $100,000 in 2024.

[DabsPoorVersion]

It's been a long time since I've seen anyone, or seen articles circulating about the death of bitcoin. Honestly, I would love to see more viral articles about bitcoin dying. Because every time those articles appear, I know I have an opportunity to buy more bitcoin cheaply. But I'm pretty sure we won't find any such articles during this bull season and no one will be interested in it because everyone is busy making profits from bitcoin. But in a bear market, I think we'll see more bitcoin dead posts and that's a sign it's time to buy more bitcoin   .

That's what I have also been wondering. In the past, every time Bitcoin price started to rally, we often saw a lot of articles or news about Bitcoin being dead or a bubble after the price increase. After witnessing these past two Bitcoin halving, I have realized that this kind of scenario has been happening repeatedly. For you, it is an opportunity to purchase Bitcoin after seeing a FUD like this one, but for me, if I see anything about this kind of post, I can finally say that we are about to experience the bull run.

In the upcoming weeks or months, we will surely see more of these kinds of questions and news/articles that will spread bad rumors about Bitcoin or a certain country will give restrictions on the use of Bitcoin inside their country.

If ever there's a pullback in price because of those FUD, I'd also say that it is a chance that everyone should grab to be able to ride with the rally of Bitcoin price to the moon. 🐱‍🏍

[OrangeII]

bitcoin is dead are words I've heard for a long time, and I always thought it was FUD. When something negative happens to bitcoin, people say bitcoin is dead. However, when the price of bitcoin recovers, people will regret why they didn't hold onto the bitcoin they had. Things like this always happen over and over again. Because of that, people who hold bitcoin are people who are willing to take risks. There's a lot of FUD out there, maybe even after this. However, the winners are the people who persist and continue to take advantage of the situation.

[jaberwock]

Bitcoin price changes all the time, about a year ago Bitcoin price was a small price from where buying a dip in Bitcoin would have resulted in 4 to 5 times more profit than today. Note that only long term is the most valuable, the more dips you buy and hold for longer the more you can reap the benefits. Of course, it is very likely that Bitcoin will hit $100,000 in 2024.

The people who sold during that time never made sense to me even back then. I mean it was obvious that the price was low and it would go up, and yet they were still selling. Volatility is a reality in the crypto world, so yeah it could go down and the price going down means that a lot of people sold, if they didn't sell then the price wouldn't have gone down, but since it went lower then it means that people sold because that's how the price goes low.

But considering it went under 20k, at some point people could have stopped, I mean still selling when it is not even 20k means that people had no idea it would go up this much. Same logic applies to going up, some people must have bought under 20k to make it go up, so they were the real smart ones.

[GeorgeJohn]

For some people it was dead, and for some people it is still dead I must say. Bitcoins were never liked by many people I must say. They always search for negatives of the coin and always criticise it. Now when the price has broke the ATH record, these people will come back and will praise the coins. This is just a regular thing I must say and this happens everytime. But we all die hard Bitcoin fans know that, it was never dead.

Life is colorful and our world is a society. And as a society there will be many different types of people, we cannot expect everyone to think like us. Therefore, it is very normal for someone to say bad things or spread negative things about bitcoin. And just because they spread or talk bad about bitcoin doesn't mean what they say will happen or that it's true. Just like us, bitcoin investors keep saying that bitcoin is the best, bitcoin is better than gold or real estate, and it will become more popular than any of those things. But that does not mean that gold and real estate will become useless and no one will need it anymore. Everyone has different preferences and each asset will have pros and cons.

you cannot blame any person who think that Bitcoin does not have any feature benefit you cannot also blend any person who think that bitcoin is meant for scam, sometimes to we should not blame anyone who said Bitcoin lacks in potential and insecure that is their level of understanding concerning cryptocurrency and the especially Bitcoin so our thinkings are very different which it does not have a comparison with others that is why I always emphasize that whatever thing that you want to do it with your personal decision don't solicit much idea from people who does not know it

[Oasisman]

It's been a long time since I've seen anyone, or seen articles circulating about the death of bitcoin. Honestly, I would love to see more viral articles about bitcoin dying. Because every time those articles appear, I know I have an opportunity to buy more bitcoin cheaply. But I'm pretty sure we won't find any such articles during this bull season and no one will be interested in it because everyone is busy making profits from bitcoin. But in a bear market, I think we'll see more bitcoin dead posts and that's a sign it's time to buy more bitcoin  .

I can't count off my fingers on how many times they have killed bitcoin before, and everytime they do that, It doesn't make the real bitcoin enthusiast mad about them. Why? because just like you said, it is the perfect time to buy more bags if they were able to successfully drag the price down by spreading FUD. Weak hands and doubters were easily get carried away with such FUD, so the possibility here is - those who spread FUDs or that media the OP was taking about may have benefited more than those who actually bought at the bottom and got afraid right after bitcoin made a sharp correction while news like "bitcoin is dead" was spreading all over the internet.
Bitcoin enthusiast confidence towards bitcoin were never crushed or devastated with such headlines like that. They all have witnessed the ups and downs and that's what built the very foundation of their confidence and trust towards bitcoin. 

[Zanab247]

What do you mean “still”? Bitcoin was never dead. We all need to learn the difference between simply a dip and a death. Markets are volatile and we do not know when will they go up or down and how much will they do but we know as long as there are movements in the market, the coin is not dead.

BTC Still have some years to spend in that first position to be the king among other cryptocurrencies before another cryptocurrencies will take over the position because, I know that BTC will not live forever, but now that the price of BTC has risen to $70k, it will be profitable for you to take your profits and wait for another bear run to come.

Market price can change at anytime without anybody permission but those who don't have the knowledge of how the market price move and, whenever they see the price of BTC going down in the market, they will conclude that BTC is dead not knowing that the bear run just take over the market.

[Y3shot]

If you are too emotional, then it's not easy to gain from cryptocurrency. There will always be FUD, and we have to understand how we should handle it. If you just believe what others have been saying, including the media, then you will always be afraid. You can't buy Bitcoin even if it falls to the $5K zone. It's because you aren't ready to take the risk anyway. Without taking a risk, who can gain in crypto? I don't think you can gain anything if you read all the fake news. Investing in crypto means you shouldn't panic during the FUD. Bypassing all the FUD Bitcoin stands very strongly and is currently trading appropriately at $70K, creating new records. 

Succeeding in investment in crypto one needs a thorough understanding to go about it. Cryptocurrency is volatile and one who doesn't really have understanding of the market we go through hard time. Emotions is what investors needs to fight against while investing in Bitcoin because it will lead one to nowhere. Bitcoin is for people who understand it and strong in emotion, if one is very emotional about when his/her money lose should not go into crypto investment.

[dunfida]

If you are too emotional, then it's not easy to gain from cryptocurrency. There will always be FUD, and we have to understand how we should handle it. If you just believe what others have been saying, including the media, then you will always be afraid. You can't buy Bitcoin even if it falls to the $5K zone. It's because you aren't ready to take the risk anyway. Without taking a risk, who can gain in crypto? I don't think you can gain anything if you read all the fake news. Investing in crypto means you shouldn't panic during the FUD. Bypassing all the FUD Bitcoin stands very strongly and is currently trading appropriately at $70K, creating new records. 

Succeeding in investment in crypto one needs a thorough understanding to go about it. Cryptocurrency is volatile and one who doesn't really have understanding of the market we go through hard time. Emotions is what investors needs to fight against while investing in Bitcoin because it will lead one to nowhere. Bitcoin is for people who understand it and strong in emotion, if one is very emotional about when his/her money lose should not go into crypto investment.

You would really be able to realize it along the way on which on the time that you would really be able to get or gain experience then you would really be having those kind of realizations on how this market looks like or on how it do behaves on which it would really be just that a common approach or reactions that you would really be needing to make adjustments according on what you are dealing. You cant really just that
let yourself that do stay into those kind of earlier beliefs and impressions towards crypto space because if  you wont really be tending to have that kind of changes then you would really be that still stagnant and you would really be finding yourself not to be that progressive on which this is something that negative.

Bitcoin is dead? These are the common words into those people who are just new into this market but to those who are experienced or old timers then they would really be just simply laughing at you.,

[Benedictare]

   Bitcoin can never be dead but alive
14 HOURS AGO look at what is happening
BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows
Bitcoin wastes no time liquidating shorts as a BTC price rebound follows the latest Federal Reserve economic policy meeting.


https://cointelegraph.com/news/bitcoin-etfs-post-third-outflow-day-261-million
   

[Youngkhngdiddy]

BTC Still have some years to spend in that first position to be the king among other cryptocurrencies before another cryptocurrencies will take over the position because, I know that BTC will not live forever, but now that the price of BTC has risen to $70k, it will be profitable for you to take your profits and wait for another bear run to come.

Market price can change at anytime without anybody permission but those who don't have the knowledge of how the market price move and, whenever they see the price of BTC going down in the market, they will conclude that BTC is dead not knowing that the bear run just take over the market.

  We’re now into the second decade of Bitcoin – the cryptocurrency still aiming to take the world by storm. Passing the 10-year mark for any technology is impressive, given the nature of the business, so it’s worth considering if Bitcoin is now established enough to say it’s going to stick around, or will it eventually run out of steam? Bitcoin has been the flag bearer for the crypto community for a long time, inspiring the creation of many other cryptocurrencies. With each one of those, whether ultimately successful or not, the chances of one of them eventually taking hold increase as the awareness grows. Problems which have faced Bitcoin since inception, such as not being known by enough people to make it a currency, are being steadily pushed back. What makes bitcoin special is the fact that the only way it can cease to exist is if we, the people, don’t want it anymore.
  Bitcoin is changing our economic system, the change can be seen in the same way you can see light under a door in a dark room, you know there is something there you just are not sure exactly what. You can envision a future where you have the option to store your value in something not tied to a country or government, you can become part of a world economy and not just a local economy and where you can carry your money with you and not be hampered by where you are or what money you carry. The only downfall to this is that in an interconnected world this transformation is known to all, we can only hope that as Bitcoins importance increases it reaches a point where it can make global change before the governments really try to stop it. The value of Bitcoin will not be dead, the internet would have to die and the promise that Bitcoin is delivering on will have to die as well and that promise is something that is priceless.

[Belarge]

bitcoin is dead are words I've heard for a long time, and I always thought it was FUD. When something negative happens to bitcoin, people say bitcoin is dead. However, when the price of bitcoin recovers, people will regret why they didn't hold onto the bitcoin they had. Things like this always happen over and over again. Because of that, people who hold bitcoin are people who are willing to take risks. There's a lot of FUD out there, maybe even after this. However, the winners are the people who persist and continue to take advantage of the situation.

FUD is unmeasurable, it happen to everyone that haven't build his or her mind in the market. I believe so much in bitcoin because it provides aides and growth to the crypto market. Bitcoin is not dead, already making its way to $100k this year, such project consider dead? there are vast majority of people that have taken it as burden to procrastinate Bitcoin and ruin the projects with their negative feedbacks on the projects. One of the these set of people are the government, they don't want anything to do with bitcoin because they believed it's of no use and this usually out of line.

[teamsherry]

When was exactly Bitcoin is dead? Bitcoin was never dead and won't die!

I wonder if people talk out of fun or Cause they wanna just pass a message, what does he mean by is bitcoin dead, bitcoin wasn't dead and I nearly understand the concept of what your saying.

bitcoin is dead are words I've heard for a long time, and I always thought it was FUD. When something negative happens to bitcoin, people say bitcoin is dead. However, when the price of bitcoin recovers, people will regret why they didn't hold onto the bitcoin they had. Things like this always happen over and over again. Because of that, people who hold bitcoin are people who are willing to take risks. There's a lot of FUD out there, maybe even after this. However, the winners are the people who persist and continue to take advantage of the situation.

FUD is unmeasurable, it happen to everyone that haven't build his or her mind in the market. I believe so much in bitcoin because it provides aides and growth to the crypto market. Bitcoin is not dead, already making its way to $100k this year, such project consider dead? there are vast majority of people that have taken it as burden to procrastinate Bitcoin and ruin the projects with their negative feedbacks on the projects. One of the these set of people are the government, they don't want anything to do with bitcoin because they believed it's of no use and this usually out of line.

Now i get, he thinks bitcoin won't get to a 100k anymore just because of this little consolidation, yeah it was bound to happen, FOMO FUD whatever makes people sell, bitcoin Was gonna consolidate soon and everyone knew that, bitcoin is still recovering and might not exceed 80k till after the halving, who knows but I'm sure we would hit 100k this year.

[Ayers]

What do you mean “still”? Bitcoin was never dead. We all need to learn the difference between simply a dip and a death. Markets are volatile and we do not know when will they go up or down and how much will they do but we know as long as there are movements in the market, the coin is not dead.

BTC Still have some years to spend in that first position to be the king among other cryptocurrencies before another cryptocurrencies will take over the position because, I know that BTC will not live forever, but now that the price of BTC has risen to $70k, it will be profitable for you to take your profits and wait for another bear run to come.

Yes, nothing lasts forever and in the future there will be another currency or technology to replace bitcoin but I believe that will not happen soon. As for altcoins, I am quite confident in telling you that no altcoin will be superior and strong enough to replace bitcoin's dominance in the cryptocurrency boom era.

Bitcoin just hit an ATH of $73k and is correcting, do you think we need to take profits and wait for another bear season? I think it's too early to think about another bear season since we haven't even really entered bull season yet.