Is Bitcoin Still Dead?

[rodskee]

Bitcoin dead? Nah, OP. It's crossed 72k and going strong. While it might experience dips like it has in the past, it always bounces back. Innovation's still happening, adoption is growing, and scarcity is a key factor, especially with the upcoming halving.
Bitcoin might not be for everyone, but its potential to disrupt finance is undeniable. I believe it has a bright future and will hit the 100k mark sooner than later.

well that changes today mate , because bitcoin have just drop to 67k now mate but I don't
know if there will be correction taking place then this may sounds better but if this shows the market
trend is reversing then the timely Dumping before halving is what taking place now.

We will never call bitcoin dead bitcoin is the top of all currencies in the crypto market. Bitcoin's dominance will expand as time goes on. Cryptocurrencies became popular as the world's easiest exchangeable medium due to the absence of any official or institutionalized central regulatory authority. At one point at the end of 2022 the exchange value of one bit coin rose above 60 thousand dollars. At present its value is more. There is no recent history of financial or other commodity prices increasing so much.

I don't know how OP gets this term but yeah this will never be the situation and will never
be Bitcoin will always live and alive.

[Out of mind]

Bitcoin will never die, and it will never be dead, I believe it will steadily become more popular day by day. Although currently we have seen Bitcoin market dumping a lot just because of one ETF report. But it will never be declared dead rather no one can make Bitcoin dead but if it goes down in price later it will go back to its previous position. Although we know Bitcoin is not privately controlled, so anyone can't kill this Bitcoin at will. However, the price of Bitcoin can be brought down only by selling more Bitcoins, and later on, the Bitcoin market will return to its previous position and it will rise again. So you can never call Bitcoin dead, and it has always been a virtual currency from which people benefit a lot and many products are purchased using it nowadays.

[YUriy1991]

Bitcoin will never die, and it will never be dead, I believe it will steadily become more popular day by day. Although currently we have seen Bitcoin market dumping a lot just because of one ETF report. But it will never be declared dead rather no one can make Bitcoin dead but if it goes down in price later it will go back to its previous position. Although we know Bitcoin is not privately controlled, so anyone can't kill this Bitcoin at will. However, the price of Bitcoin can be brought down only by selling more Bitcoins, and later on, the Bitcoin market will return to its previous position and it will rise again. So you can never call Bitcoin dead, and it has always been a virtual currency from which people benefit a lot and many products are purchased using it nowadays.

Agreed..Bitcoin will never die and will continue to be there for all of us.

Looking at the market in the last 24 hours let our logic work. If you pay close attention, BTC often rises without news suddenly and falls if there is sentiment such as an official announcement such as the release of US inflation data.

However, my assumption is that this correction is temporary and many people in the market are also taking advantage of this opportunity to continue buying BTC because they already know that Bitcoin will easily return to its original position and will bounce back as you said above.

If we are still hodling, it will be safe, at least positive sentiment will come quickly and BTC will fly again.

[southerngentuk]

The meek rarely inherit the earth, especially in the world of investing. But there's a difference between calculated risk and blind faith.  Imagine yourself as a kayaker navigating a raging river. You wouldn't just paddle upstream without a plan, ignoring the advice of seasoned kayakers.

The negativity surrounding Bitcoin isn't just empty noise. It's a chorus of voices offering different perspectives, a chance to see the whole picture.  Yes, there's always a bull's side to the story, but a savvy investor considers all angles before taking the plunge.

Bitcoin's recent rise to $73k is a testament to its volatility. It's a market that soars and crashes with surprising regularity. Yes, dips might be buying opportunities, but calling the bottom is a risky game. Remember, even the most seasoned investors can get caught off guard.

[GideonGono]

When did Bitcoin died?
Everytime that Bitcoin drops down in the past people would tell this to create FUD for the newbies, but let's be honest here Bitcoin never died it just had its ups and downs.
For me it is normal for every assets or currency to drop down from time to time.

[Wakate]

When did Bitcoin died?
Everytime that Bitcoin drops down in the past people would tell this to create FUD for the newbies, but let's be honest here Bitcoin never died it just had its ups and downs.
For me it is normal for every assets or currency to drop down from time to time.

We should not be surprised that there are people who had been looking for the downfall of the crypto market and they are always happen when the see that the price of Bitcoin is falling. We should be ready to study the market and earn along the market if we have enough units of Bitcoin to give us the kind of rewards we are looking for.

We can always avoid such news about successful people trying to convince us to leave Bitcoin and stop investing in the crypto market. For those people that had invested in the crypto market before all these saying that Bitcoin is risky and could make us lose, now there are plenty of Bitcoin millionaires and we need for see for ourselves that the market is very friendly and making money is easy as working away from our different jobs.

[Republikcoin.com]

When did Bitcoin died?
Everytime that Bitcoin drops down in the past people would tell this to create FUD for the newbies, but let's be honest here Bitcoin never died it just had its ups and downs.
For me it is normal for every assets or currency to drop down from time to time.

The ups and downs experienced by Bitcoin through its price will also not change the value of Bitcoin in the eyes of many people at any time. Because Bitcoin has provided clear enough evidence so far that apart from never dying, it will also remain valuable as a good enough asset so that more and more people want to invest in Bitcoin. And everyone can also see at this time that the demand for Bitcoin continues to increase quite high, causing the price to exceed the previous ATH in a quite extraordinary range.

[Ben Barubal]

When did Bitcoin died?
Everytime that Bitcoin drops down in the past people would tell this to create FUD for the newbies, but let's be honest here Bitcoin never died it just had its ups and downs.
For me it is normal for every assets or currency to drop down from time to time.

     I don't know about people who think that when the price value of bitcoin falls, they think that bitcoin has sunk. They are pitiful, to be honest. Especially the others who are considered professionals but know nothing about these things.

     Of course in our bitcoin community we don't really believe that bitcoin is dead, is there any dead that can give opportunity to the majority for their family to live that is supported in terms of financial solutions for their expenses or bills every month.`

[atamism]

Already seen a thread like this before. I don't really understand why people think Bitcoin is dead, this ain't dead my friends. Not gonna happen in a million times, even the government cannot stop Bitcoin. If you are saying that bitcoin is dead because the market of BTC is falling, it is normal. The up and down is normal, just like any other coin in the market. Bitcoin do really need to be balance.

[Miles2006]

Asking if bitcoin is dead at this moment sounds funny, I don't know what's your definition when referring to a dead asset but when something is referred as dead it has no live anymore. For example when an altcoin is dead it's finished, no good quality like experiencing a rise so calling bitcoin dead is not appropriate because bitcoin has the ability to bounce back like we've seen different situation like this.

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?

Not all altcoins will benefit during the bullmarket likewise some investors will not be a partaker of this benefit, this is your choice and decision to make but it's best you focus more on real informations about bitcoin, investors who still accumulate bitcoin now are not fools but accumulating bitcoin now is not too late, although it looks like a late accumulation but with the long term plan an investor will benefit even with the volatility nature.

[MFahad]

Already seen a thread like this before. I don't really understand why people think Bitcoin is dead, this ain't dead my friends. Not gonna happen in a million times, even the government cannot stop Bitcoin. If you are saying that bitcoin is dead because the market of BTC is falling, it is normal. The up and down is normal, just like any other coin in the market. Bitcoin do really need to be balance.

Bitcoin being between $60k to $70k is it being down? I don't know what's it being up is then. People who make such statements are those who don't follow the market very closely or follow it at all which is the reason why they feel this way or maybe they have hatred towards Bitcoin and cryptocurrencies in general which is why they are always trying to spread FUD.
However, someone reading such statements should evaluate the situation themselves and see whether what is being said has any logic in it or not, and this statement of Bitcoin being dead doesn't even need close evaluation because it is clearly not true and one know it very easily.

[Mame89]

I remember this disgusting phrase “Bitcoin is dead” They used it on our heads several times over many years to spread fear and panic, but they failed. Yes, there are many who became frightened and got rid of their Bitcoin, but now they inevitably cry over the precious opportunity they lost.

This cycle, investing in Bitcoin is no longer very profitable because we are approaching the peak, although it is still possible to collect some profits, but not like those who invested from the beginning. Regret will befall all those who believed the rumors and did not overcome their fear.

So true. Phrases like this will always appear every year, and every year Bitcoin continues to exist and does not die. For me, this is just to cause panic so that people throw away bitcoin when in reality bitcoin continues to increase every four year cycle.

Even if you ask can Bitcoin die? The answer is no!". The reason is simple because bitcoin still has the power of its value. This means that even though it is not yet accepted as legal tender in every country, bitcoin can still be a very valuable investment asset. There is no strong reason to stop or close it, especially in near future. For me the only way to kill bitcoin is to cut off all internet networks throughout the world, and this is also impossible.

[Obim34]

It's kinda funny reading the topic, at first was Bitcoin really dead? Have Bitcoin ever died one time? The answer is No. Bitcoin only experienced a bearish season which is inevitable and mandatory to help secure a new price mark. It's something common to see the price DIP that much, those who had spend more years into Bitcoin can relate aswell as those who has been in this forum during the DIP. I'm very much sorry you had to lose opportunity of purchasing Bitcoin while the price was very much at the DIP, those who believed and had invested earlier are currently on a huge profit.

Bitcoin will never be dead cause nowadays Bitcoin is on the top and Bitcoin conquer the crypto world. And why should we say that Bitcoin is Dead? For me dead is that disappear and we are all know that Bitcoin will never been disappear. And yes there's a time that Bitcoin price is too low but it doesn't mean that it's dead. Anyways it's up to us if we gonna buy some Bitcoins and hold until to the next level of increase.
Huge profit will waits in the future once we store Bitcoins.

Nothing different from what I said, Bitcoin is just the pro version of  cryptocurrency investment that is getting much popular and adapted, while few are busy raising doubts due to how volatile it can be, not knowing each DIP is another mile stone to a bigger all time high, creating profit to those who had successfully took the very opportunity of investing their money. Few months ago the price was down at $30k but now comparing we have seen even double of what it was.

For those people who dont able to bare up the risks involved in crypto then it would be better that you shouldnt really be touching up Bitcoin investment or crypto space on which we do know that this is something
that not for weak heart or do easily faint on the time that they would be seeing their investment have some negative profits on which they would really be easily make out those panic sell decisions.
Bitcoin is dead? We've been through tons of discussions about being dead but look at on where we are now?  For sure on the current price dump or correction tons of people would be saying that we would be heading back to 30k. This is why it would really be always suggested that it would be better that you should really be that prepared for whatever situations that you would really be able to face on when you do hover yourself
here on crypto space.

Whenever you do invest in Bitcoin or crypto then it would be always best that you should really be investing on the amount on which you can afford to lose.
Never make yourself do go all in because this is where impulsive emotions would really be coming out.

Holding Bitcoin in our portfolio is not something difficult, I keep wondering how and why people keep selling off during every DIP, that doesn't makes any sense cause some bought higher than what they are selling, it's just a matter of patience.  Even for Bitcoin dropping below $5k, would not encourage me to sell due to being a dead investment, instead it becomes a whole new opportunity to hold more Bitcoin.

[EluguHcman]

Many times I've missed the opportunity of buying Bitcoin dip because of media sentiments..

Yes, this has happened to most strong holding investors today that they missed opportunities to had bought and investing in the Bitcoin even when it was lower than that of $17K with the same reasons of the media speculating false rumours about the Bitcoin digital currency of being one of a ponzi schemes as others had always existed and ended up defrauding their investors.

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[/b].

There are always Phish able and convince able reasons on how the media speculations could turn around the reality truths to be fallacies just for the sake of being sentimental along the lines. Hence the media is already known for keeping the reality beside while campaigning along with lies which probably can convince the audience to node at it onto the fact that humans are more interested to hear the lies full of sugarcoated words than the bitter truths.
The strong hold of Bitcoin sentimentality periodically lies on the media.
OP, I would not blame you because you stick more on the Media and mentally you feels the media would always standby to give you the reality latest updates without your ability to understand that they are just being manipulated by some individuals, organizations and even by the governments.
Else you would had got it differently that a claimed dead Bitcoin at the value of $17K which has in a short while risen to the value of $20K is a promising project to have more upfront values. Just a matter of time.

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.

OP, what is your stance in Bitcoin since 2022 you had interest in the digital technology Bitcoin development as at when it was $17K which the media convinced your thoughts towards embracing the industry? And then the media keep on evolving around being sentimental with the same Bitcoin accusing to be a dead project and yet it lives heatedly til its value rised even over the $70K of your awareness but surged over $722K.
And same Bitcoin potential you in particular OP had sighted or predicted that it would soonest head up to $100K in value and yet you behave like you are still cordially sticking by the influence of the medias.
Is it not obvious to you that this so media is being sentimental with a huge grudge for Bitcoin and despites their criticism towards Bitcoin the Coin has never ever been fluctuated due to the biases of the media?

Well, I must tell you that the value of Bitcoin fluctuates as maybe known as volatily in the crypto industry which it's value is depended on its demands and supplies and not determined by the ETF and not even answerable by the media as the audience are being influenced about.

But up to til date Op, I have not heard you giving a testimony of how you plugged out from further influences of the media since the 2022 you were being brainwashed about the potentiality of Bitcoin up til date of 2024.

Are OP still in doubt about the Bitcoin potentials? Do you need further evidence that Bitcoin is a never dead but a living mile stone ages to ages digital technology currencies?

OP, how long would you keep to live by the medias criticisms towards Bitcoin which has the potentials of giving the living lives meaningful and reliable financial gratitudes?
Behold, Bitcoin is a living coin and a growing project. You can not compare the potentialities of Bitcoin to the altcoins. Hence Bitcoin is the kingship in the spaces of the cryptocurrencies which altcoins derives its reliances on the Bitcoins volatile values. So if you must Invest in a reliable and a reputable crytop currency then OP, you must Invest in the Bitcoin and so, you can have your peaceful night sleeps all days and nights without the fear of falling into the memecoins or loosing your funds at the cause of Investing on non profitable potential coins.
[/quote]

[synchronym]

We all know bitcoin market is volatile and very risky in bitcoin thinking about the volatility if investing in bitcoin and if you have enough knowledge about bitcoin and invest skillfully in bitcoin you will surely succeed with investment. Even in November December 2023, the Bitcoin market was very low, those who invested in Bitcoin have benefited a lot. We must be patient when it comes to Bitcoin investment. We must invest patiently. Many times we lose patience. If we can invest patiently for long term, we will definitely succeed in Bitcoin investment.

[Asuspawer09]

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.

[Nrcewker]

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.

[Iranus]

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.

[Fatunad]

Based up on 99bitcoins.com/bitcoin-obituaries/

The latest situation on which Bitcoin had died on 476th.

‘Bitcoin Has Failed’ – ECB | $51,304.97

Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment.

Source: link above.

Well, these kind of sentiments do really come out whenever Bitcoin do make out some dips but wondering into those people who have believed
and checking or seeing out the price as of this moment, then pretty sure their own views and sentiments would be changed up directly. 

[DaNNy001]

When did Bitcoin died?
Everytime that Bitcoin drops down in the past people would tell this to create FUD for the newbies, but let's be honest here Bitcoin never died it just had its ups and downs.
For me it is normal for every assets or currency to drop down from time to time.

I think if they understood the context about Bitcoin volatility then they would understand that its actually all part of the process and besides what the essence of Bitcoin having a bull season and a bear season, I mean the two seasons are there for a reason and it help keeps the balance of the whole system especially when we come to see Bitcoin from the whole investment perspective. The dump is actually a time and opening for the strong to buy and hold again and it's a period for recovering so rather than calling Bitcoin dead, I think sleeping period would be more preferable.