What are the Reasons People Are Questioning Bitcoin Again?

[boyptc]

This is a normal feeling, people invest alot of money on things they have no clue about, it can never be mme though, I was talking about taking profits in November 2025 and some people on here are saying that the bull market is just starting, I even removed some money to purchase my dream PC and some still blamed me.

Forget about those people that are still blaming you, they didn't take profits and that's their personal decision and mistake.

I think people just have to mind their own decisions and be happy with people that were able to take profits during the peak.

Because not everyone is happy with other people's success and decision doesn't mean that they have to blame the others for that.

[serjent05]

Yep bro unfortunately that's how things are since the start. Only true believers trust Bitcoin and they don't second guess what they are doing. Crypto is really unpredictable but it does not mean we change our stance at every dip and pump. We need proper education but those who say to the moon when they are up and to the zero when the price is down, are those who can't control their emotions.

People who change heart in every change of trend of Bitcoin are not only controlled by their emotions but also lack knowledge aboutthe  Bitcoin market trend.  If they knew how the market of Bitcoin work, they should be excited instead of saying non-sense thing like "Bitcoin is dead" because they are in for a treat for getting Bitcoin at a huge discount.

I don't judge them, who they are what are their background but they seem like some old generation who seems to misunderstand what is cryptocurrency. But I never took them seriously, because some of them are spamming and creating fud in their communities to spread the fear.

Saying facts about their reaction during Bitcoin downtrend is not judging them, unless we attack them personally which I think most Bitcoin enthusiast won't do.

We should focus on our plan, if we don't have one, then creating one should be the first step

Depends on which plan, for me focusing on the plan that will give me more funds to accumulate Bitcoin at this discounted time is a good thing to do.

[Odohu]

What do you expect, that's human for you. They praise you when you're successful and criticize you when you're stumbling. They forget that bitcoin is an asset that has two phases which is the bear market and the bull run. How is it possible for the price to only be pumping without dipping. The bottom line is that people must always talk negatively about bitcoin.

This is a better explanation of what is happening with Bitcoin, people have started doubting Bitcoin like they did in 2022 and every other year there were bear season.  This is the time we should be consolidating on their Bitcoin holding and collecting as much Bitcoin as they can now that the price is still very low, wise people are doing this already which those that are afraid are watching from the sideline. We have seen bear season before and how the market behave afterwards, so I believe people are taking advantage of the bear market to buy.

[Franctoshi]

It's easy to say you're in it for Decentralisation or whatever the Math when you are 20% up but when you are at Drawdown, that's when you realize if you actually understand what you bought. I have seen in a few discord servers where the people who were posting "To the Moon" memes are now the ones who are hoping to Get out on break-even. It's Hard to believe in something which you don't know about, if everyone right now just have a teeny bit of Fundamental knowledge then they will have something to rely on when the hype is Ended. The truth is we need people who believe in Bitcoin not who wants to Benefit from Bitcoin. And if you believe in It then the benefiting Part comes in the package with it.

You just said my mind exactly as it's, this is where the problem lies, many people in the space are only interested in the benefits of what bitcoin brings without really understanding and believing the system. Isn't just about to Buy Bitcoin, what's your faith when the storms comes? (when the market is bleeding) that's when your believe in Bitcoin will get its real test. This is making it a complete 3 Bitcoin Bear season's I have witnessed. When I see people freaking out then, in mind I say they're new to the space or don't get the real idea. Don't just invest alone, get the knowledge before or after investing in Bitcoin, this way you get to understand why you don't have to get worried in such a market down time.

[Vaculin]

Just the same old thing. They're up when bitcoin price is at its peak and is surging high, and praise it like there's no other precious asset that exist. But wait when bitcoin price starts dropping low, negative criticisms will arise here and there. And for that, there's nothing new with it.

I just hope that they heard already stories how many times bitcoin has died, but then again bitcoin still recovers and reaches another peak price, I guess that's something that other assets would hardly sustained.

And most probably, those who question are just the same people, or these newly recruited hired bashers to keep throwing negative talks about bitcoin.

[Kelvinid]

If there are pro-bitcoin, there are also anti-bitcoin who keep barking why bitcoin is falling again. That's their role every time bitcoin is bearish, and every time there seems no price recovery for bitcoin.

But at the end of the day, bitcoin has proven a lot of times that these people are wrong. So they vanish when the market is green and bitcoin is bullish, and comes back questioning bitcoin again once bitcoin turns bloody in the market.

Same old faces of these people, same questions asked, but maybe bitcoin got the last laugh after all.

[LogitechMouse]

Re: What are the Reasons People Are Questioning Bitcoin Again?

Just for context, one website has tallied that Bitcoin has declared "dead" 477 times already. The last one is in August of last year.
https://99bitcoins.com/bitcoin-obituaries/

As somebody that has seen articles of Bitcoin declaring dead back when I'm still learning it, this isn't completely new anymore. There will be times where people will question Bitcoin after what happened. It really is disheartening to see that just a few months ago, Bitcoin is still at $120,000, but only a few months after, in just a blink of an eye, Bitcoin is now below $70,000 yet again, and signaling a bear market season. Nevertheless, people like these are completely normal to think like this, and I wonder what Peter Schiff is saying now because he's the biggest anti-Bitcoin right now in the internet.

The recent drop on the price of Bitcoin created some skepticism or doubts on it especially to those newbies out there, but if you're in the crypto space for quite some time, you will realize that this is kind of normal movement already just like what happened in 2017/2018 and 2021/2022.

[X-ray]

Seen the same thing everywhere else. Whenever bitcoin is down a little bit, a new topic about "Bitcoin is doomed and why it will go to zero" popping out everywhere. Not only that, the fudders who are in hiding in times of bullrun are also coming up with their same repeated fud.

No need to worry though, we've been through all these fuds and DOOMposters for many times and yet bitcoin always comes out at the top.

It's at the end of the day is nothing but just a nuisance in time of bearish market, eventually these people will say they are in for the decentralization again when bitcoin recovers a little bit.

[m2017]

And it's just laughable that the "revolutionary" talk just evaporates when the market starts to bleed.

Because this market is highly speculative. That's the reason. The value of bitcoin is formed by the "perception" of market participants. If the majority believes in the revolutionary nature (as well as future growth), then the price rises.

when The Market is Green Everyone acts like a visionary but the Second Market starts bleeding Everyone starts Questioning their "Vision".

An accurate observation. The former "experts" suddenly shut their mouths as bitcoin collapsed.

It's like people forget the Actual Mechanics of the Network and make price the only indicator as to the tech is "working" or not.

At a price below $70k, bitcoin hasn't ceased to be revolutionary and hasn't lost its technical value. Bitcoin  will perform equally well at $1 as it does at $1 mln. Price is a manifestation of investor speculation.

The truth is that most of the people here are just LARPing as high-conviction investors.

Their high-confidence will be tested by the bitcoin fall .

The truth is we need people who believe in Bitcoin not who wants to Benefit from Bitcoin. And if you believe in It then the benefiting Part comes in the package with it.

Can't those who believe in bitcoin make a profit from it?

[MarjorieZimmermanGinger]

This is a better explanation of what is happening with Bitcoin, people have started doubting Bitcoin like they did in 2022 and every other year there were bear season.  This is the time we should be consolidating on their Bitcoin holding and collecting as much Bitcoin as they can now that the price is still very low, wise people are doing this already which those that are afraid are watching from the sideline. We have seen bear season before and how the market behave afterwards, so I believe people are taking advantage of the bear market to buy.

There are different groups of people who interpret the investment journey they are on. Most people who engage in it without proper knowledge will always have doubts when the price drops drastically. However, for those who truly understand, the potential for a deep decline actually presents the best opportunity to accumulate more. Bitcoin's journey can be seen based on its performance each year and perhaps those serious about investing will try to study these conditions. This is so they can make larger purchases at the right time and avoid the excessive panic of those who don't fully understand Bitcoin's history. This should be an important lesson for all of us because history shows that investments should be based on sound asset growth not on the contrary influenced by hype.

[MinMan]

Currently, mining is no longer profitable for mining companies. What will happen when mining becomes unprofitable? Mining companies will stop maintaining network security. In two weeks, the difficulty will be reset, making Bitcoin mining easier. But what if the price of Bitcoin drops even lower in two weeks? What if the price of Bitcoin continues to fall for several years? Imagine a bear market that lasts not two years, but, say, seven years… Which miners will be able to survive such a "critical winter"? Considering that the cost of Bitcoin mining will double again in 2028. And (rhetorically), at what point exactly will Bitcoin face a 51% attack?  Even if Bitcoin mining difficulty declines and miners capitulate, existing ASIC miners won't disappear. Who will get them? The Chinese? CBDC supporters? Who exactly will deliver the decisive blow?

While it's true that mining could be not profitable, it has gone down in price before and miners still kept the network going. This isn't the first time we have gone to lower prices, we have seen this happen multiple times and each time we were in the bear market the mining became unprofitable because of high difficulty and many miners, and some stopped, allowing others to keep going.

Plus, you are assuming miners are in need of cash right now, like as soon as they mine. What you do to realize is that they can mine now, at this price, which is not profitable, but have bitcoin and be able to sell later when the price goes up. They made that much investment, so it makes no sense not to continue and that way they can still profit.

[JoyMarsha]

Whatever thing that people's money is into, it will be questioned at any time about why it decreased without their consent.

Bitcoin as we can see, not everyone has the fundamental knowledge of it as what is volatile. They see Bitcoin as what will continue to increase and to decrease. And decreases more than they bargained for, questions are being asked on what is their fate towards the Bitcoin investment they made with their hard earned money whether there are chance of recovery

[Furious 7]

With the current conditions and with the many arguments that exist actually when the increase and decrease occurs we can draw a thread that indirectly shows that until now there are still a lot of fomo that exist among bitcoiners regardless of their recognition of investors or trading everything looks the same.

This is one of the reasons why more and more people say that Bitcoin is gambling, evil, bad, and a scam. Basically, the people who say this have entered the industry. But the problem is they cannot control themselves. They incur losses, cannot cope, and feel devastated. As a result, the bigger effect is that they tarnish Bitcoin's reputation with their arguments. In fact, the knowledge they are using is not sufficient, and they are unwilling to learn harder. This situation is further worsened by being displayed on social media, which is widely seen by people. Consequently, people are influenced to associate the negative issues with individual mistakes. It is difficult to change the thinking of people like that.

Actually this is quite simple because these kinds of things can be overcome with the confidence we have, when we are sure of what we are doing and not half-hearted in deciding then no matter how strong the pressure is we will still survive because we always hold fast to what we believe in.

The bad stigma will always be there, especially when the media is currently very controlled by the government and regulations and that will not change at any time, but when we only rely on that, and when we cannot upgrade ourselves with new understanding and more knowledge of what we believe in, it is certain that the doubts that slowly arise will always be a big bubble that is ready to burst at any time.
Not a few people are at this point and give up just because they believe what other people say when they should have never happened if they really believed in what they were doing.

[PrivacyG]

A lot of the people who say they are in it for Decentralization do not even know what Decentralization means.  They mention all the interesting terms to seem interesting and that is all.

What you all have to do is stop listening to these people.  There will always be deniers and people who only ride the highest waves.  They will go away when things are bad and they will think they know it all again when the peak is around.  The people I know personally who actually care about things Bitcoin offers such as their Privacy, their Freedoms et cetera, I can count them all on my fingers and there would still be some free ones left.  Most of these 'Decentralization fans' record them selves talking about how great it is and five minutes later they scan their face to open their favorite Banking application.

It is only a matter of time before they realize they were wrong.  Let them live in their own mind while you build your Wallet silently, you will never have EVERYONE in the same boat with you.

[Finestream]

Its easy to please people and convince them about bitcoin if they see bitcoin price is staying at the top, but when price starts to drop low and deeper, people criticize bitcoin in an instant without thinking how high the price has achieved prior to seeing its price dipping low.

I guess this determines who are actually the true believers of bitcoin, and who are just there when bitcoin is pumping, and leaves immediately when it starts to dump. And for all those years, still these people haven't changed, they are still silently attacking bitcoin.

[Youngrebel]

Those who understand the market would not ask the market movement Instead they would give orientation to others who don't understand the market movement why things are like this. Bitcoin from onset, it's not an asset that stands in one place and stable, but it is a volatile from it birth. It moves with a cycle of 4 years or there about. Definitely Bitcoin supposed to be in the bear market from this year and starts it initial bully from next year either late or middle. So what is happening is not a new thing in the cryptocurrency Market. They should read the cycle of bitcoin from the beginning so they can understand better. I also read to understand them.

[Cleanslate_]

I’ve been watching the Charts and overall Market sentiment for quite some time now. And it's just laughable that the "revolutionary" talk just evaporates when the market starts to bleed. I think the issue is Price Anchoring, I think we are wired to perceive what happened "yesterday" as the permanent reality and when The Market is Green Everyone acts like a visionary but the Second Market starts bleeding Everyone starts Questioning their "Vision". It's like people forget the Actual Mechanics of the Network and make price the only indicator as to the tech is "working" or not. The truth is that most of the people here are just LARPing as high-conviction investors.

It's easy to say you're in it for Decentralisation or whatever the Math when you are 20% up but when you are at Drawdown, that's when you realize if you actually understand what you bought. I have seen in a few discord servers where the people who were posting "To the Moon" memes are now the ones who are hoping to Get out on break-even. It's Hard to believe in something which you don't know about, if everyone right now just have a teeny bit of Fundamental knowledge then they will have something to rely on when the hype is Ended. The truth is we need people who believe in Bitcoin not who wants to Benefit from Bitcoin. And if you believe in It then the benefiting Part comes in the package with it.

It's all about trust, they lack trust, you know when you don't trust someone at any point in time of a little inch, you start questioning that is what is happening to Bitcoin, it shows they still have their doubts in bitcoin despite all they have seen and experienced, knowing that it will definitely bounce back in price and be more stronger.

[legiteum]

I don't trust "strict rules". Laws are made by humans and they can be violated by humans.

LOL. Okay. Well I guess if you are going to trust some laws (say the ones that protect any property that you purchase with your Bitcoin profits) but selectively decide not to trust other laws (viz. laws against corporations defrauding their investors), then... you can convince yourself of anything.

[CryptoYar]

[...]

Bitcoin is on its Four Year Turn that follows set of expected stages of growth and drop using supplycut events.
Although the price can go in flat direction during what can be called boring stage over leftover months of year, it is actually at this point that smart buyers can buy as others are selling in fear.
In future, next big upward path will begin in late 2027 as market gets ready to enter 2028 supplycut, which will prove that these price swings are normal step of growth of Bitcoin as more steady global item.