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Author Topic: Is bitcoin dead?  (Read 110806 times)
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November 21, 2016, 01:44:56 PM
 #761

People who were not much aware of bitcoin, but had known about such existence on issues created related to bitcoin believes that bitcoin has fallen or dead. But with the potential it has got bitcoin had grown even after varies falls as well facing hard criticism.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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November 21, 2016, 01:59:59 PM
 #762

no, bitcoin is a digital currency that makes it easy for users of these reasons is enough to make bitcoin still prevail, but it also started many joined the bitcoin and invest. bitcoin itself was founded in 2009 and began experiencing the peak rise in 2013, it can be said that the decline is not too much let alone to an end.
Bitcoin is digital currency and we know that bitcoin is not easy to earned too but if you are pusueing your self to earn bitcoin then you can really make it from trading some people are telling that bitcoin is dying but why? because they don't really know what is the reason or what is bitcoin behind this things.

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November 21, 2016, 02:17:14 PM
 #763

Saying that bitcoin is dead today, is like saying internet was going to disappear ten years ago. It's impossible now, it's not a matter of trend anymore. The beginning of the revolution is finished, we are into it. Then with the ethereum given more value to the blockchain... I only hope that the price will get to the 10000$ soon hahaha  Grin
Be prepared to wait for a long time. 10,000$ is so far from 735$. Smiley I do agree with you that it's not a matter of trend anymore. Bitcoin is something that we need now. Something that will continuously be in demand in the long run. What's depending on trend right now are altcoins. The coins get attention, people pump it up. Otherwise, the coin will just die. Bitcoin will always get the attention of the majority of users and that makes bitcoin far from becoming dead.

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November 21, 2016, 02:23:16 PM
 #764

Bitcoin is not dead even you don't use it for a long time and bitcoin is still alive at market and in mining people still earning bitcoin from mining and there going to have business with bitcoin and i can really say that i can still earn bitcoin without investing my money into it all you need to do is to have a good strategies and ideas.
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November 21, 2016, 02:42:57 PM
 #765

I want to believe OP made the statement at a time when quite a number of people would have given up on Bitcoin and if i had been involved in this crypto world as at the time, I might have thought in the same direction but as at today I know a lot of people will agree that Bitcoin is very much alive and the existence has actually come to stay amongst us...
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November 21, 2016, 02:55:48 PM
 #766

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.

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November 21, 2016, 03:16:08 PM
 #767

Bitcoin is not going to die, because technology will always pave the way for new ideas. I think there is competition also emerging from the new digital coin that also may be hard to compete with in the future but did not die.
Well, there is no obvious connetion between you statement and argument. Technology might pave the way for something totally different from bitcoin and something that would kill it, don't you think? And my thought is that there will definitely come the time for btc death, because nothing lasts forever and everything in our world requires some additional support to exist. If people wouldn't need btc it won't be there anymore.

Only if bitcoin fails to adopt to the new technology and need. But bitcoin have solid devs and community support. So i think bitcoin will not die because of technological advancement. It may die because a new crypto is better but that there is no crypto better than bitcoin yet.
It's the community that makes it alive, in this business trust are more important than devs. Most of the coins has good devs but they lack trust..

Without good devs there can be no trust. If you do not trust the maker, you will not trust the product as well. Luckily, bitcoin has both. That is why the community trust bitcoins and that is why bitcoin will not die.
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November 21, 2016, 05:48:02 PM
 #768

Bitcoin is not going to die, because technology will always pave the way for new ideas. I think there is competition also emerging from the new digital coin that also may be hard to compete with in the future but did not die.
Well, there is no obvious connetion between you statement and argument. Technology might pave the way for something totally different from bitcoin and something that would kill it, don't you think? And my thought is that there will definitely come the time for btc death, because nothing lasts forever and everything in our world requires some additional support to exist. If people wouldn't need btc it won't be there anymore.

Only if bitcoin fails to adopt to the new technology and need. But bitcoin have solid devs and community support. So i think bitcoin will not die because of technological advancement. It may die because a new crypto is better but that there is no crypto better than bitcoin yet.
It's the community that makes it alive, in this business trust are more important than devs. Most of the coins has good devs but they lack trust..

Without good devs there can be no trust. If you do not trust the maker, you will not trust the product as well. Luckily, bitcoin has both. That is why the community trust bitcoins and that is why bitcoin will not die.

Without good developers there cannot be a good product. This should be rather straightforward and self-evident, and Bitcoin is no exception. Nevertheless, you don't actually need to trust the developers since Bitcoin is open-sourced while the source code is easily available for anyone to download and peek into, and you can check this code for hidden functionality yourself if you choose do. Or you can simply trust the existing consensus on this issue, just like the blockchain itself get trusted in a trustless network...

So just having good developers on board would suffice in most cases

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November 22, 2016, 06:24:32 AM
 #769

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.

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January 22, 2017, 07:46:02 PM
 #770

Technology will always pave the way for new ideas. I think there is competition also emerging from the new digital coin that also may be hard to compete with in the future but did not die.. Bitcoin is not going to die.
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January 22, 2017, 11:40:22 PM
 #771

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
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January 22, 2017, 11:42:49 PM
 #772

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
Bitcoin still not so popular we are still few users of bitcoin.. because here in my country if i am talking about bitcoin with my friends and co-workers they didnt know about bitcoin so i think we are still just fewer but i hope we can get more impressions and more well known alternative payment methods so that more people will use bitcoin and more investors will come..

Make crypto as your bank.
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January 22, 2017, 11:49:10 PM
 #773

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
Bitcoin still not so popular we are still few users of bitcoin.. because here in my country if i am talking about bitcoin with my friends and co-workers they didnt know about bitcoin so i think we are still just fewer but i hope we can get more impressions and more well known alternative payment methods so that more people will use bitcoin and more investors will come..
The reason is that this is a relatively new technology, but even for relatively new technology, Bitcoin is growing at an incredible rate, the number of users is growing every day, and big investors are considering investing in it. So, Bitcoin is far from dead.
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January 23, 2017, 12:35:28 AM
 #774

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
Bitcoin still not so popular we are still few users of bitcoin.. because here in my country if i am talking about bitcoin with my friends and co-workers they didnt know about bitcoin so i think we are still just fewer but i hope we can get more impressions and more well known alternative payment methods so that more people will use bitcoin and more investors will come..
This is because, bitcoin is the only first crypto currency that ever made. Hence, people who only uses fiat money and don't search about online banking or currency exchange, they don't have idea about it unless they saw it in an article that cought their interest. Since crypto currency isn't supported by government, its popularity is not too much. Yet, because of its platform and many business uses it, it is gruadually becoming popular and I think one day,it would be use for everyday's online transaction
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January 23, 2017, 03:33:27 AM
 #775

I've been seeing this quoted question for a couple of years and now its 2017, the price value is too high by now. Which means this kind of a crap topic is just an speculation with non sense. Anyway much better for the community including me to focus in trading, investing, and joining the signature campaign. Because it the bitcoin enthusiast or fanatic is not   doing any trading, investing bitcoin/altcoins, or joining in the campaign well, I guess it can be a sign that bitcoin will going to die, but the reality is not like that for what happening now.
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January 23, 2017, 05:06:38 AM
 #776

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
Bitcoin still not so popular we are still few users of bitcoin.. because here in my country if i am talking about bitcoin with my friends and co-workers they didnt know about bitcoin so i think we are still just fewer but i hope we can get more impressions and more well known alternative payment methods so that more people will use bitcoin and more investors will come..
The reason is that this is a relatively new technology, but even for relatively new technology, Bitcoin is growing at an incredible rate, the number of users is growing every day, and big investors are considering investing in it. So, Bitcoin is far from dead.
Yes, it would take time for this new technology to reach all people.Buyers who want bitcoins at cheaper price try to create panic by spreading such comments.New bitcoin holders get panic and sell their bitcoins at cheaper price which only benefits big whales. Quantum computing is said that it would break block chain mechanism in future.Lets hope security measures would be made strong till we reach that time.
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January 23, 2017, 09:44:33 AM
 #777

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
Yeah I agree with both of you. However, in order to make Bitcoin even better, we have to support it and use it more often because the more we use bitcoin, the more popular it can be. According to my visionary, Bitcoin will hit $2000 before June so that I suggest everyone should buy at least 1 bitcoin and hold it in your pocket. Bitcoin will never die. Long live bitcoin

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January 23, 2017, 10:17:48 AM
 #778

I think the OP is bitterly repenting from his statement by now and will have this thread closed in no time because Bitcoin has really proven him wrong with time. I have no doubt about the ability of this cryptocurrency and would in no way suggest this but it's a free world and everybody is entitled to his opinion. The technology behind Bitcoin ensures security, global usage, low transaction fees among other virtues which convinces me beyond reasonable doubt that Bitcoin will not die-no, not in this generation.
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January 23, 2017, 11:46:11 AM
 #779

I think the OP is bitterly repenting from his statement by now and will have this thread closed in no time because Bitcoin has really proven him wrong with time. I have no doubt about the ability of this cryptocurrency and would in no way suggest this but it's a free world and everybody is entitled to his opinion. The technology behind Bitcoin ensures security, global usage, low transaction fees among other virtues which convinces me beyond reasonable doubt that Bitcoin will not die-no, not in this generation.

This thread was made last 2015 and it is still continued as of this date January 23, 2017. Possibly the author has already been convinced that his idea was not true since 2015 has long passed and bitcoin has keep on growing in price.  Maybe the author made this thread because of bitcoin conditions that he had observed last 2015. And I do believe that this thread should be close because it has been already proven that the idea that bitcoin is dead is false.
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January 23, 2017, 03:16:57 PM
 #780

I don't know why would somebody said something like that, Bitcoin is not dead. In fact I have a feeling that more and more users are embracing Bitcoin, at least in my community. And Bitcoin market is very vivid recently so Bitcoin is very much alive and can't just "die" or disappear over night.


That's true mate. In fact bitcoin is becoming more popular than ever.. I think bitcoin will be forever and will still keep going bigger.. and we are expecting to have more users on the future.
yes that is a fact that bitcoin is now already of the most popular currency of the world and hope that it will become more and more stable as time pass,  because people are investing their money in bitcoin continously.
Bitcoin still not so popular we are still few users of bitcoin.. because here in my country if i am talking about bitcoin with my friends and co-workers they didnt know about bitcoin so i think we are still just fewer but i hope we can get more impressions and more well known alternative payment methods so that more people will use bitcoin and more investors will come..
The reason is that this is a relatively new technology, but even for relatively new technology, Bitcoin is growing at an incredible rate, the number of users is growing every day, and big investors are considering investing in it. So, Bitcoin is far from dead.
Yes, it would take time for this new technology to reach all people.Buyers who want bitcoins at cheaper price try to create panic by spreading such comments.New bitcoin holders get panic and sell their bitcoins at cheaper price which only benefits big whales. Quantum computing is said that it would break block chain mechanism in future.Lets hope security measures would be made strong till we reach that time.
but now its becoming more and more difficult for them to create panic like situation in the market, because now the user of bitcoin are increasing from time to time and they have now realize the nature of bitcoin market therefor then even do not like to start panic selling if there  is some wrong news wondering in the market they try their best to hold their bitcoin even in panic like situation.
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