Is bitcoin dead?

[Rashid555]

No  I don’t agree with this because bitcoin is not dead it is a live currency its buying and selling trading all are running 24 hours so if we say that bitcoin will dead it’s impossible it has changed many things in the past and in the coming future it will bring major changes in our lives

[inevertell]

No Bitcoins cannot be dead and no one can even think in dreams about the death of bitcoins because millions of people have invest billions of money in bitcoins just because they trust in bitcoins and bitcoins has controlled the the unemployment rate of the whole world so how can Bitcoins be dead.

[PurpleGentleman]

I don't think bitcoin can die also this is impossible when bitcoin just got to $5000 and i don't think it is going to die achieving this.

But maybe in the future some other alt coin can surpass bitcoin who would know?

[Daimon88]

Many people say bitcoin dies because prices go down, but the fact that it only happens for a while and prices skyrocket after drop, people who say bitcoin die are they have no bitcoin.

Up and down in the price is part of the business as bitcoin in snot only a currency but it is also a digital coin business. I think it is not a serious case as we saw that the price grow up once again. All the news about the death of bitcoin is caused by the Chinese decision about bitcoin and ICO, but bitcoin is worldwide currency and it does not depend upon the decision of one or two countries.

[Visbay]

who cares?
I don't think just give a simple attention on such type of issue, I have a strong belief that Bitcoin will not destroy and it will be one of the strongest currency in the future. some people who think that Bitcoin will be dead one day, they are very much frustrated and hopeless, they don't even simple prediction power.

I agree with you bitcoin is not dead it’s still alive and I think currency never die some time his price can be low in market but it does not mean that the currency is dead bitcoin work properly you can buy things here easily and you can use it in daily trade or you can invest it also and if we see the price of bitcoin I think it’s so high than any other currency.

[Draegvenger]

I don't think bitcoin is dead because Bitcoin is rising so fast. It is already over 5500. A week before it was at 4000. This is why i think bitcoin is the best way to make money and can never die.

[nambunamba]

bitcoin will never die. it will keep develop and becomes bigger and bigger. hold and success in a year. i believe it this going big

[Tsuyuri]

I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

Well, I'm pretty sure now that bitcoin made a huge comeback after this post was posted. Bitcoin can never die, we have proven it after all the issues that it faced since the beginning. We always saw it's price fluctuates, a huge dip then also a huge pump. This just proves that bitcoin is always strong and superior against all other coins out there, we just have to believe that it will always stay on top.

Mate bitcoin will die. If you are thinking that it will never die. There is something wrong with you. All the thing you see in the world will have an beginning and an end. Bitcoin will also have an end.

I hope that it will not but it is going to die someday. We have now the chance to invest in bitcoin and get a lot of money out of it.

[Sled]

who cares?
I don't think just give a simple attention on such type of issue, I have a strong belief that Bitcoin will not destroy and it will be one of the strongest currency in the future. some people who think that Bitcoin will be dead one day, they are very much frustrated and hopeless, they don't even simple prediction power.

I agree with you bitcoin is not dead it’s still alive and I think currency never die some time his price can be low in market but it does not mean that the currency is dead bitcoin work properly you can buy things here easily and you can use it in daily trade or you can invest it also and if we see the price of bitcoin I think it’s so high than any other currency.

The price of bitcoin may go down but it cannot be dead for this year and for the incoming years because bitcoin has a lot of potential in the future and its price can go up even higher in the future because of the move that the people in different countries can do and that is to adopt bitcoin and make money from it and use it as an investment and money, that is why bitcoin cannot be dead and it will die if there will be no support.

[ASHLIUSZ]

This is an long back thread. What it means to be a death, in the past when a price crash happens users start describing that bitcoin is dead. One among the worst time was when bitcoin was termed as a failed experiment by the key developer leaving bitcoin. This became a big talk and lot of people left bitcoin, but those who left felt bad as the growth started to take place in less time.

[Apened]

who cares?
I don't think just give a simple attention on such type of issue, I have a strong belief that Bitcoin will not destroy and it will be one of the strongest currency in the future. some people who think that Bitcoin will be dead one day, they are very much frustrated and hopeless, they don't even simple prediction power.

I agree with you bitcoin is not dead it’s still alive and I think currency never die some time his price can be low in market but it does not mean that the currency is dead bitcoin work properly you can buy things here easily and you can use it in daily trade or you can invest it also and if we see the price of bitcoin I think it’s so high than any other currency.

The price of bitcoin may go down but it cannot be dead for this year and for the incoming years because bitcoin has a lot of potential in the future and its price can go up even higher in the future because of the move that the people in different countries can do and that is to adopt bitcoin and make money from it and use it as an investment and money, that is why bitcoin cannot be dead and it will die if there will be no support.

Many thines bitcoins go dump a pittle bit or a big dump happens because of the unpreductable sequence which may affect most the bitcoins price to continue to dump but in the current bitcoins have establish a big good support so whatever it is now it will continue to rise more in the future.

[deliciousfruit]

I think bitcoin will never dead, people are very need this technology. Bitcoin is much better than paper money because its also provide good profit from it increasing price.

Paper money isn't really an investment though, it's just a medium of exchange. If you want to compare it to investments, you should compare it to stocks for example.
We'll have to wait and see how it compares to stocks in the long run.

[Bacotan Bae]

Bitcoin will one day die, but for now no, as everyone continues to buy bitcoin because it's the best choice of investment compared to any investment, I'm sure bitcoin can last up to 50 years.

[Cling18]

short answer no, just a little crisis due to the price being low/many lost huge amount of money because they bought at the peak, taxes being a problem, and other small stuff

just a despair phase that is very long apparently

I think it's not. As we can notice, the value of bitcoin is increasing each day. Most of bitcoiners nowadays are monitoring the increasing value of it. A lot of investors are earning a lot from it. I think bitcoin won't die. It also helps a lot of people earn and save money through it.

[Konco126]

Who said bitcoin is dead? Bitcoin is a digital currency that will never die. Bitcoin prices are larger than local prices, so many people join in bitcoin. The more people who join bitcoin, the more popular bitcoin and the longer bitcoin takes place.

[w33man]

I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

I don’t think so. I mean everything has flaws even bitcoin, but not necessarily dead. I know we have fears, dismay and worries about bitcoin. Still, my faith in bitcoin remains strong.

[mikchail]

if bitcoin lifeless, maybe we will all be extremely tough to generate extra income 

[Rhosadah]

Bitcoin still continues strongly hit the 7th year and technically will not die as long as someone hosts NODE for it. Still I do not see Bitcoin going anywhere because the FUD media campaign against it is very effective.

[kamilah147]

short answer no, just a little crisis due to the price being low/many lost huge amount of money because they bought at the peak, taxes being a problem, and other small stuff

just a despair phase that is very long apparently

I think it's not. As we can notice, the value of bitcoin is increasing each day. Most of bitcoiners nowadays are monitoring the increasing value of it. A lot of investors are earning a lot from it. I think bitcoin won't die. It also helps a lot of people earn and save money through it.

if I do not think the bitcoin will die, but sometimes there is a problem, the problem is probably only in the price that sometimes rise and fall, but it is also sometimes mnyaalah in bitcoin risk is there, that is risk easily stolen.

[bearexin]

Bitcoin still continues strongly hit the 7th year and technically will not die as long as someone hosts NODE for it. Still I do not see Bitcoin going anywhere because the FUD media campaign against it is very effective.

7 years is a long tenure and in this time there are pumps and dumps for the bitcoin and bitcoin survives through every difficult situation and in these seven years bitcoin has developed itself so strong that at this moment bitcoin value cannot be affected by any incidents its keep crawling toward and this is just because of people’s faith and believe in bitcoin and it will progress a lot and end of bitcoin is impossible.