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Author Topic: Is bitcoin dead?  (Read 110806 times)
olcaytu2005
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July 05, 2015, 12:33:18 PM
 #301


 is fiat dead? especially euro ?  Grin Grin Grin
Zorrocoin
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July 05, 2015, 04:27:27 PM
 #302

maybe end of 2015 bitcoin dead Sad

Don't get bothered because of these little crappy reasons. It is  just a little problematic   because of the price being low and many losing  huge amounts of money because they bought at the peak, taxes being a problem, and other unnecessary  stuff. It's just a phase and will fade away eventually.

Yes, good days for bitcoin are coming very soon. The only reason bitcoin has been looked down are all the money laundering scams which involved bitcoins had a significant time in media bringing a bad image of bitcoin to the world. However, things seem to improve and people are starting to realize how shitty centralized currency is, hoping bitcoin mass adoption comes soon Smiley Smiley

I don't understand why people are whining about bitcoin being ''dead'' and posting it everywhere. It has been going on since bitcoin started , the fluctuations will keep coming. That doesn't make it ''dead'' or anything else. It has its ups and downs, but it is seeing good days soon.
gentlemand
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July 05, 2015, 04:39:05 PM
 #303


I don't understand why people are whining about bitcoin being ''dead'' and posting it everywhere. It has been going on since bitcoin started , the fluctuations will keep coming. That doesn't make it ''dead'' or anything else. It has its ups and downs, but it is seeing good days soon.

I think it's a reflection of human psychology in general. People go insane for enormous rises. They fall into despair at the falls. When you throw in the suspicion that many involved in BTC have never been involved in markets before that makes for a very emotional cocktail.
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July 05, 2015, 04:55:33 PM
 #304

 Grin Grin Grin Grin Grin Grin Grin
http://www.isbitcoindead.com/
Oscilson
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July 05, 2015, 05:20:44 PM
 #305


 is fiat dead? especially euro ?  Grin Grin Grin

Euro is still being used. It is as alive as bitcoin.
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July 05, 2015, 05:25:29 PM
 #306

Another bitcoin is dead thread?
This is so bullish.
We're going to the moon soon Grin

But seriously, just look at past graphs and recent news. It has been a long but not unseen bear market, and everyday there are new and very positive news! It's just a matter of time till the next phase of adoption starts Smiley
[/quote

I totally agree.. It will overcome its issues and it will be widely accepted. Of course all the Financial members , bankers will have to make a collective decision. Even if one will come uo now, it will be saved !
olcaytu2005
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July 05, 2015, 06:08:41 PM
 #307


 is fiat dead? especially euro ?  Grin Grin Grin

Euro is still being used. It is as alive as bitcoin.

are you sure mate?? all Greeks said NOOOO! to Euro... this is just beginning of the end of fiat money.
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July 05, 2015, 10:24:46 PM
 #308

I don't understand why people are crying and cribbing about some temporary price fall

Most people actually are considering wether BTC is dead by measuring it from its price and it is pretty much has become the standard things around here and so you can expect every single complaint the moment BTC is having a fall because some people expect that the price will be keep on rising. This happen pretty much every time there is a huge fall in the price however once the price goes back up, you can see the same people coming back up and shows us his joy over it

Some great quote regarding BTC price and this truly describe the situation around here

Code:
If BTC rise , people says thats a bubble and if BTC falls people says it is dead


R


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LLBIT
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    FEES    
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   TRADE NOW   
madonnino
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July 06, 2015, 09:50:03 AM
 #309

I don't understand why people are crying and cribbing about some temporary price fall

Most people actually are considering wether BTC is dead by measuring it from its price and it is pretty much has become the standard things around here and so you can expect every single complaint the moment BTC is having a fall because some people expect that the price will be keep on rising. This happen pretty much every time there is a huge fall in the price however once the price goes back up, you can see the same people coming back up and shows us his joy over it

Some great quote regarding BTC price and this truly describe the situation around here

Code:
If BTC rise , people says thats a bubble and if BTC falls people says it is dead



maybe the price of Bitcoin could die in the future , but the bitcoin protocol will never die, until there will be a blockchain , there will be exchange of bitcoin
bryant.coleman
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July 06, 2015, 09:58:26 AM
 #310

are you sure mate?? all Greeks said NOOOO! to Euro... this is just beginning of the end of fiat money.

The Greeks are going to replace one version of the fiat with another variety (Euro with New Drachma). So I don't think that this is bad for the fiat money. That said, the Greek crisis has laid bare some of the most important vulnerabilities of the fiat system, such as the lack of protection against inflation.
Xialla
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July 06, 2015, 10:03:35 AM
 #311

are you sure mate?? all Greeks said NOOOO! to Euro... this is just beginning of the end of fiat money.

no, you are simply not right. it is just showing, how govs and banks can manipulate with people money and who had the real control. anyway, this is not beginning of fiat end at all..anyway, it is nice impulse for eurosceptics like me:)
BTCevo
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July 06, 2015, 02:36:15 PM
 #312

I don't understand why people are crying and cribbing about some temporary price fall

Most people actually are considering wether BTC is dead by measuring it from its price and it is pretty much has become the standard things around here and so you can expect every single complaint the moment BTC is having a fall because some people expect that the price will be keep on rising. This happen pretty much every time there is a huge fall in the price however once the price goes back up, you can see the same people coming back up and shows us his joy over it

Some great quote regarding BTC price and this truly describe the situation around here

Code:
If BTC rise , people says thats a bubble and if BTC falls people says it is dead



maybe the price of Bitcoin could die in the future , but the bitcoin protocol will never die, until there will be a blockchain , there will be exchange of bitcoin

Bitcoin will never die if there are still many transactions is being made everyday so when the time blockchain is die bitcoin will sure die not the otherwise
BitcoinNewbie15
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July 06, 2015, 04:07:46 PM
 #313

Bitcoin was very stagnant these last few months, but it is starting to be volatile again. Personally, I believe that people may start becoming more interested in Bitcoin partly because of the volatility.
Mehek
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July 06, 2015, 04:34:13 PM
 #314

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 disagree. It is just for the moment that bitcoin is enduring such catastrophe. And I totally disagree with 'Bitcoin securities have always been and still are a complete mess, with a near 100% failure ' this line.
It is  just a phase of unfortunate events and it will fade away within no time.












manselr
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July 06, 2015, 05:18:34 PM
 #315

I don't understand why people are crying and cribbing about some temporary price fall

Most people actually are considering wether BTC is dead by measuring it from its price and it is pretty much has become the standard things around here and so you can expect every single complaint the moment BTC is having a fall because some people expect that the price will be keep on rising. This happen pretty much every time there is a huge fall in the price however once the price goes back up, you can see the same people coming back up and shows us his joy over it

Some great quote regarding BTC price and this truly describe the situation around here

Code:
If BTC rise , people says thats a bubble and if BTC falls people says it is dead



The price of Bitcoin is completely irrelevant to it's health and future. Bitcoin is undervalued by several orders of magnitude. Only morons that can't think long term take investment decisions on current price alone. Those guys can't look at the big picture and will never make it.
Kapz786
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July 06, 2015, 06:31:03 PM
 #316

I agree with your statement, but I don't think btc is dead. Bitcoin is having rough 2015, but it remains the top cryptocurrency and no other fiat currency has surpassed btc yet. Btc takes on great pressure because it's the first digital currency, there's many flaws that need to be fixed. But as long as there are users and investors like us, btc will exist. Many big organisations like Barclays and other huge banks are already showing interest in the blockchain technology and possibly bitcoin. So it will stay for a while.
arallmuus
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July 06, 2015, 08:01:38 PM
 #317

The price of Bitcoin is completely irrelevant to it's health and future.
-snip-
Only morons that can't think long term take investment decisions on current price alone

The price has never been anything to the usage or the technology of it however this is a sad truth about BTC and this has become standard measurement around to measure if BTC is dead or not. Every single time BTC suffered a huge drop, people said it is dead and the last one probably happened at January when the price dropped below $200.
Some people are not into long term strategy and hodl BTC even when the price has drop by 30 % as because most are actually trader that enjoy the waves of BTC to get some profit so there is a reason for them to mark that it is dead through the measurement of the price because at a lower price, people will not be getting alot of profit despite that there will be a lot of waves for ride.

maybe the price of Bitcoin could die in the future , but the bitcoin protocol will never die, until there will be a blockchain , there will be exchange of bitcoin

There is no denying to the fact that the price could be a dirt cheap in the future however this is highly unlikely going to happen but if that is truly happened than there will be a lot of people that jump off the ship and abandon it. BTC will then goes back to its early stages where there are only few peoples that actually hodl it .


R


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████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
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EXECUTION
.
   TRADE NOW   
aniglo
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July 06, 2015, 08:27:12 PM
 #318

guys...today price BTC=273$...yupi!! BTC come back to life...step by step Smiley
King Karma
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July 06, 2015, 09:08:55 PM
 #319

guys...today price BTC=273$...yupi!! BTC come back to life...step by step Smiley

But it'll probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.
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July 07, 2015, 08:10:56 AM
 #320

guys...today price BTC=273$...yupi!! BTC come back to life...step by step Smiley

But it'll probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.

not at the previous point, a price correction is established already, at best we can fall at 250, which is still a good price compared to the last one before the whole greece thing happened
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