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Author Topic: Is AI the reason bitcoin price fall 50% from all time high?  (Read 286 times)
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Today at 05:52:08 AM
 #41

I saw this video where Authur Hayes said bitcoin fall from 50% from all time high because of AI disruption. In short he was talking about AI causing job reduction and which makes bitcoin fall is what I think.
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It is just like when people are linking something wrong to what that caused bitcoin price fall.

To me bitcoin fall because we are in bear market.
He's also the same person who predicted that Bitcoin will reach $250,000, and $10,000 for Ethereum by the end of 2025. The credibility of what he's saying has now decreased, and with regards to this statement by him? He's just making headlines since he's that popular, but intelligent people know that AI isn't the main reason why the price of Bitcoin fell down to where it is right now.

The price of Bitcoin fell because of the sentiment of the investors. Many believe that 2026 is considered the start of the bear market hence, we've seen red candles over red candles in the past 5 months. Does AI became a factor towards the decline? I don't think so that's why I don't see any reason why Hayes is blaming AI for the decline of the price of Bitcoin where in reality, it's the sentiment of the investors that's one of the main reasons.

Bitcoin dropped because the 4-year cycle is still intact. Not because of AI.

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Today at 06:32:37 AM
 #42

Since it came from the YouTube apps, it means it's just for the sake of content that he is only after in views, because what he is saying is not true because of the AI ​​trend that we have currently. How many bear markets have passed now? Was there AI technology during those bare seasons?

Meaning, he may have just said that because he knew that many communities would not agree with what he was saying; that is expected by content creators,
and most of us in the crypto community do not believe in that thing either.

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Today at 06:51:21 AM
 #43

No one realizes that the BTC bear market is here because the majority of people believed that the bear market was coming, plain and simple!

I think that if the vast majority had believed in the steady rise of Bitcoin without a bear market, that is what would have happened.  Grin Roll Eyes
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Today at 07:06:06 AM
 #44

I saw this video where Authur Hayes said bitcoin fall from 50% from all time high because of AI disruption. In short he was talking about AI causing job reduction and which makes bitcoin fall is what I think.

https://youtu.be/mKcrT42c8tU?si=RnLl5wumCQHvdd_s

There was over 90 thousand job loss in United States recently which can be linked to AI just like over 4000 job loss on Jack Dorsey’s company, Block (formerly Square).

It is just like when people are linking something wrong to what that caused bitcoin price fall.

To me bitcoin fall because we are in bear market.

This is yet another sensationalist, cickbaity Youtube video, made by a Youtuber, who wants views, clicks and Ad revenue.
The Bitcoin price dropped because of the lack of liquidity on the crypto markets combined with FUD on the global financial markets and geopolitical tensions(which caused the global FUD in the first place). The fears of the AI bubble bursting also contributed to the crypto price drop. This is the only influence AI had on the crypto markets. Companies firing people and replacing them with AI should be considered a positive signal for the financial markets, because those companies are about to cut costs and increase profits.

 
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Today at 07:23:01 AM
 #45

This is yet another sensationalist, cickbaity Youtube video, made by a Youtuber, who wants views, clicks and Ad revenue.

I don't think so either. If that were the case, it's hard to explain why other assets did increase in price while Bitcoin fell. The clearest example would be gold.  But, for example, the American stock market remained fairly flat from the time Bitcoin began to decline until recently. If the cause is that people are being laid off and do not have money to invest, it should have affected these other assets, not just Bitcoin.

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Today at 07:50:47 AM
 #46

Bitcoin hit an all time high in early October. A few days after that, we had that event on the 10th of October where most altcoins got nuked. Bitcoin didn’t suffer as much on that day, but that’s when this persistent decline started.

The 90,000 jobs lost comes from the February jobs report and includes many other sectors besides AI. Despite all the AI related job cuts, the net number of losses hasn’t been significant enough to be directly responsible for Bitcoin going down 50%.

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Today at 08:00:28 AM
 #47

I saw this video where Authur Hayes said bitcoin fall from 50% from all time high because of AI disruption. In short he was talking about AI causing job reduction and which makes bitcoin fall is what I think.

https://youtu.be/mKcrT42c8tU?si=RnLl5wumCQHvdd_s

There was over 90 thousand job loss in United States recently which can be linked to AI just like over 4000 job loss on Jack Dorsey’s company, Block (formerly Square).

It is just like when people are linking something wrong to what that caused bitcoin price fall.

To me bitcoin fall because we are in bear market.

I’ve been hearing about robots causing mass unemployment since I was in school. Yet, here we are: automation has reached unprecedented levels, but unemployment in developed nations remains at record lows of 2-4%.

Paradoxically, the lowest unemployment rates are often found in places like Cambodia. It’s simple there: you either work or you starve. There are no other options.

As for AI, the only real way it could have triggered a Bitcoin dip is by diverting capital away from crypto and into tech stocks. But even that is hard to buy—Bitcoin has seen major corrections in every four-year cycle, long before this AI hype
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Today at 10:50:47 AM
 #48

AI, modern machines, evolution of technology and automation in manufacturing that always resulted in people getting fired so this isn't new but the world is still spending the money more than previous reports which says the spending nature of humans is always on the rise too. 50% of price fall? It isn't a new thing either.

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Today at 10:56:30 AM
 #49

I don’t think AI is the main reason Bitcoin would drop 50%. Bitcoin has gone through many big corrections before AI became a big topic. The market usually moves in cycles, so large drops during bear markets are normal.  Grin
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