Is bitcoin dead?

[zendantom]

It depends on an individual. If he is using it then it is alive and if he is not using it its dead. So it would be really great if stop listening to the news around us and have belief in bitcoin that in near future it will be more stable and i will never believe that bitcoin is dead as i m a big fan of bitcoin 

[LazerSMS]

it's not dead, simply its growth has somehow stalled

[Erdogan]

Not dead, but it has a serious cough.

[techgeek]

Just keep in mind, thats its more needed for websites that need it esp accepting fiat, gambling sites.

The stall seems more of a correction in the market, then anything else. 2013 prices are the same as today before the whole exchange madness, so i feel like its normal. Real growth is what we need, like extension for bitlincense within this coming month and other news related to actual real investors to drop fiat.

[wearepoor]

No, it's not dead. The technology that enables bitcoin and similar currencies is rock solid and will change many many things. I'll go far to say that Bitcoin-from the technology platform perspective,can't ever die. The idea of blockchain as a technology is here to stay,regardless of which crypto currency ultimately takes hold.

[Cinnob0n]

Bitcoin is just in rough position right now. Once more companies and governments accept the coin, it'll gradually stabilize. 

[Amph]

At this point it is safe to say that the feel in the BTC community is the one i experienced with the Internet in the 80's, and look at it now.

- Mayer Amschel

but the internet was something really revolutionary(for that time) and essentially without competitors, meanwhile bitcoin has fiat as a competitor, and their only big difference is decentralization, and it seems that many don't care about this

i don't want to be pessimistic here, but it's not exactly the same situation

The Internet had competitors in the mostly state owned telephone companies. They had monopolies, for instance on the terminal equipment, company exchanges, laying cables across property limits, and so on. They invented e-mail systems, X.400, where you had to pay by the byte. You had to kneel down and kiss their feet to get the 56 kbit/s fixed lines that the Internet relied on. There were also private competitors to the TCP/IP protocol, mostly propretary, like Netware. There were also global providers with centralized message board servers. Not exactly the same, but the competitors were there. Then, as now, they lost because they did not understand the essense of the product,  basically, the freedom required to build a solid collaborative system with many actors. The IP protocol was an invention, as the blockchain, you could say that the blockchain is a bigger invention and that it has (will have) larger consequences for humanity.

yeah i thought about telephone, but i still see both as a different method of comunication(in fact telephone is still present today to a large degree)

instead i didn't know about those private company like Netware, but i think they were tiny in comparison to internet(even when internet was born)

it's not like comparing btc to usd, also bitcoin competitors are many, basically 1 for each state(each state has its own fiat)

[BTCevo]

Bitcoin is just in rough position right now. Once more companies and governments accept the coin, it'll gradually stabilize. 

I dont think it will be like that. Let say many companies using bitcoin as their other payment, but government they will not that easy accepted that because this bitcoin can't be controlled and goverment must take full control of it so it will be stabilize so I think it doesnt have a chance

[ipbo]

Bitcoin is already 6 years in the making, this will be never dead. There are now millions of users and it will grow up soon.

[nerFohanzo]

Bitcoin is still a new concept to many of the countries. How can we just say that its dead. No, its not dead and never would be. Once people starts adopting it, again it would be in full fledged and gain the importance that it deserves so its too early to say that bitcoin is dead.

[gripflierGO]

Bitcoin has a very vibrant ecosystem, and I don't see it dying anytime soon, if ever. More and more businesses start accepting Bitcoin each day, and more and more users are adopting the currency.Even Paypal have started accepting Bitcoins. So I don't think it's dying.

[lahm-44]

no way.stop telling that bitcoin is dead coz it never could it just now started now we have to see it at 500$  ,  1000$ , 5000$ and even more its an train with low and high but it can't end so fast.just watch us $ as an example everyone told that it will be collapsed but still its running

[BitCoinPokerBro]

Not dead more like broken/needs fixing

[torrentheaven]

No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

[BTCevo]

No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

But how are you so sure that government will acppeted our bitcoin is this world? There is so many things that they must do before they are going to aceppt it and I dont think they will do that. There is fiat that government control so I dont think its value will rise with this kind of way

[kwukduck]

No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

You sound like Neo.. i would recommend you take the red pill and wake up, but you seem all too comfortable in your bitcoin bubble.

Bitcoin was presented to the world. The people have seen it, the government has seen it,  and they rejected the concept. Worse, they laugh at it and disgust the fundamentalist ideas that often go with it.
That's where the story ends. Sure there will be a few years of hopeless trading,  crashes and dead cat bounces, but this is it,  has been for a while now.

[s2]

This is amusing, the fact people are bothering to answer this question shows that it is very much alive but perhaps I'm just delusional.

My take on it is I've yet to see something able to handle a finite decentralized digital resource in a vastly more scalable way that is simple to use... until someone can show how to do that Bitcoin is far ahead of anything else and the price per coin appears to reflect this sentiment.

[umaOuma]

No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

But how are you so sure that government will acppeted our bitcoin is this world? There is so many things that they must do before they are going to aceppt it and I dont think they will do that. There is fiat that government control so I dont think its value will rise with this kind of way

That's the problem we are facing that Government will not accept the bitcoin as currency. It's really difficult to believe that Government will accept it as its an threat for an fiat money and banking system so lets what future is going to offer us is it bitcoin or fiat?

[Xialla]

ahhh ofc fiat because gov can control it. and you know..who is controlling money is also controlling people. I was so skeptical about gov that I already stop reading news for my mental health..

[BTCevo]

No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

But how are you so sure that government will acppeted our bitcoin is this world? There is so many things that they must do before they are going to aceppt it and I dont think they will do that. There is fiat that government control so I dont think its value will rise with this kind of way

That's the problem we are facing that Government will not accept the bitcoin as currency. It's really difficult to believe that Government will accept it as its an threat for an fiat money and banking system so lets what future is going to offer us is it bitcoin or fiat?

I dont think I get you word. But what I know is we just can wait for the best, may be government will came out with new regulation about bitcoin that profitable to us. Why not we going for it? For noww we just can save or earn as many as bitcoin we have and make it alive not let it dying