Is bitcoin dead?

[umair01]

I would advise you to use the skills you already have and connect them with bitcoins. A lot of people think that there are very low paying jobs or not enough jobs in the failed of cryptocurrency but actually that is nowhere close to the truth. There are many opportunities, people just fail to notice. I hope you make good use of opportunities you discover and do justice by it. Good luck.

yes , that's exactly what I'm going to do as my next step , I might have been one of those people you mentioned but since few weeks ago , I've found out that how incredible this field could get , it's not going to be easy but it's worth it

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[AtheistAKASaneBrain]

Why did you leave the cryptocurrency/bitcoin world anyway? 3 years is a long time, things have definitely evolved and uprooted from their previous state. 500,000 people use bitcoins everyday My project idea is still in construction but I think that me and the people involved have learnt a lot about bitcoins and its time for us to contribute our time and skill into something we truly believe in

well back in the days I used bitcoin only in the field of mining so I was a miner more than someone who knows what bitcoin was in general until my video card said goodbye to me so I didn't tried to really mine after that and by then I was still busy with college and stuff so I kinda forgot it until lately I said it's time to give it another shot since I have more freedom in my time now

I would advise you to use the skills you already have and connect them with bitcoins. A lot of people think that there are very low paying jobs or not enough jobs in the failed of cryptocurrency but actually that is nowhere close to the truth. There are many opportunities, people just fail to notice. I hope you make good use of opportunities you discover and do justice by it. Good luck.

Can you tell me where those good paying jobs are? All jobs all I see are low paid, Amazon m-turk type of tasks. The serious big jobs are still being paid on fiat.
As for creating businesses, I cant think of stuff that isn't already there. Casino, exchange, already existing business but accepting Bitcoin.. its not as easy.

[Thekool1s]

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?

What do u expect from media? they are on the bad side remember. You cant expect media to say wonders about bitcoin as they are ran by banks, Bitcoin cant die its a short a simple answer, But adoption will take more time, You can expect everyone to suddenly accept something new, a currency of internet where all the bad things happen. many people still think internet is a scam, you get the point it will take time to get people educated and it may take a while

[greBit]

Why did you leave the cryptocurrency/bitcoin world anyway? 3 years is a long time, things have definitely evolved and uprooted from their previous state. 500,000 people use bitcoins everyday My project idea is still in construction but I think that me and the people involved have learnt a lot about bitcoins and its time for us to contribute our time and skill into something we truly believe in

well back in the days I used bitcoin only in the field of mining so I was a miner more than someone who knows what bitcoin was in general until my video card said goodbye to me so I didn't tried to really mine after that and by then I was still busy with college and stuff so I kinda forgot it until lately I said it's time to give it another shot since I have more freedom in my time now

I would advise you to use the skills you already have and connect them with bitcoins. A lot of people think that there are very low paying jobs or not enough jobs in the failed of cryptocurrency but actually that is nowhere close to the truth. There are many opportunities, people just fail to notice. I hope you make good use of opportunities you discover and do justice by it. Good luck.

Can you tell me where those good paying jobs are? All jobs all I see are low paid, Amazon m-turk type of tasks. The serious big jobs are still being paid on fiat.
As for creating businesses, I cant think of stuff that isn't already there. Casino, exchange, already existing business but accepting Bitcoin.. its not as easy.

Good things are never easy. If you're exceptionally good at something in terms of bitcoins or cryptocurrency, you wouldn't need to find a job. The job would find you, but I'd rather not speak about that now. A better way for you to earn money realistically would be to render services regarding crypto or integrate your personal business with crypto, all of which's success depends on your creativity and smartness. Nobody will hand you a manual.

[mearylll]

Why did you leave the cryptocurrency/bitcoin world anyway? 3 years is a long time, things have definitely evolved and uprooted from their previous state. 500,000 people use bitcoins everyday My project idea is still in construction but I think that me and the people involved have learnt a lot about bitcoins and its time for us to contribute our time and skill into something we truly believe in

well back in the days I used bitcoin only in the field of mining so I was a miner more than someone who knows what bitcoin was in general until my video card said goodbye to me so I didn't tried to really mine after that and by then I was still busy with college and stuff so I kinda forgot it until lately I said it's time to give it another shot since I have more freedom in my time now

I would advise you to use the skills you already have and connect them with bitcoins. A lot of people think that there are very low paying jobs or not enough jobs in the failed of cryptocurrency but actually that is nowhere close to the truth. There are many opportunities, people just fail to notice. I hope you make good use of opportunities you discover and do justice by it. Good luck.

Can you tell me where those good paying jobs are? All jobs all I see are low paid, Amazon m-turk type of tasks. The serious big jobs are still being paid on fiat.
As for creating businesses, I cant think of stuff that isn't already there. Casino, exchange, already existing business but accepting Bitcoin.. its not as easy.

Good things are never easy. If you're exceptionally good at something in terms of bitcoins or cryptocurrency, you wouldn't need to find a job. The job would find you, but I'd rather not speak about that now. A better way for you to earn money realistically would be to render services regarding crypto or integrate your personal business with crypto, all of which's success depends on your creativity and smartness. Nobody will hand you a manual.

Yes educating people would make a difference, if you are smart and enough knowledgeable that you can guide them and you can earn money out of it as nothing comes for free, and people would definitely pay if they are getting some good income out of it.

[misterycoins]

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.

[Miracal]

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?

What do u expect from media? they are on the bad side remember. You cant expect media to say wonders about bitcoin as they are ran by banks, Bitcoin cant die its a short a simple answer, But adoption will take more time, You can expect everyone to suddenly accept something new, a currency of internet where all the bad things happen. many people still think internet is a scam, you get the point it will take time to get people educated and it may take a while

I believe that media is not just biased but rather really scared of the government and the authority. There are so many young journalists who have so much to tell to the world but they are limited to that exposure because they think govt officials might screw up their news channel if they hear something against them, so they kill the kid's potential and asks him to live with his mouth closed if he wants to work more.

[umair01]

I believe that media is not just biased but rather really scared of the government and the authority. There are so many young journalists who have so much to tell to the world but they are limited to that exposure because they think govt officials might screw up their news channel if they hear something against them, so they kill the kid's potential and asks him to live with his mouth closed if he wants to work more.

this is true , I have to agree with you , many of those who try to go against the government and tell the truth , eventually end up on the losing side somehow

[HarHarHar9965]

I believe that media is not just biased but rather really scared of the government and the authority. There are so many young journalists who have so much to tell to the world but they are limited to that exposure because they think govt officials might screw up their news channel if they hear something against them, so they kill the kid's potential and asks him to live with his mouth closed if he wants to work more.

this is true , I have to agree with you , many of those who try to go against the government and tell the truth , eventually end up on the losing side somehow

I have heard rumors of media agencies being paid to display false content on their tv displaying positive news. I have also heard that news channel owners bargain their bribes with politicians, often blackmailing them that they will show proof and content about them which will destroy their political party as well as their career. Politicians hate the media, but they end up paying them somehow.

[umair01]

I have heard rumors of media agencies being paid to display false content on their tv displaying positive news. I have also heard that news channel owners bargain their bribes with politicians, often blackmailing them that they will show proof and content about them which will destroy their political party as well as their career. Politicians hate the media, but they end up paying them somehow.

yes exactly , this is their way of covering their own wrong doings in order to protect their images to stand clear and good to the public unfortunately

[g3rszpi]

I have heard rumors of media agencies being paid to display false content on their tv displaying positive news. I have also heard that news channel owners bargain their bribes with politicians, often blackmailing them that they will show proof and content about them which will destroy their political party as well as their career. Politicians hate the media, but they end up paying them somehow.

yes exactly , this is their way of covering their own wrong doings in order to protect their images to stand clear and good to the public unfortunately

Yeah but this is also true for FUD

[Dotakels]

I have heard rumors of media agencies being paid to display false content on their tv displaying positive news. I have also heard that news channel owners bargain their bribes with politicians, often blackmailing them that they will show proof and content about them which will destroy their political party as well as their career. Politicians hate the media, but they end up paying them somehow.

yes exactly , this is their way of covering their own wrong doings in order to protect their images to stand clear and good to the public unfortunately

Making a big news like "bitcoin is dead" or anything that can cover with their issues, that is their way to cover the wrong things that they have done.Politicians can used different kind of people to cover or to influenced people that they are good and they do right things but its totally doesn't.

[centauribit]

I have heard rumors of media agencies being paid to display false content on their tv displaying positive news. I have also heard that news channel owners bargain their bribes with politicians, often blackmailing them that they will show proof and content about them which will destroy their political party as well as their career. Politicians hate the media, but they end up paying them somehow.

yes exactly , this is their way of covering their own wrong doings in order to protect their images to stand clear and good to the public unfortunately

Making a big news like "bitcoin is dead" or anything that can cover with their issues, that is their way to cover the wrong things that they have done.Politicians can used different kind of people to cover or to influenced people that they are good and they do right things but its totally doesn't.

they are declaring the bitcoin death since 2011, bitcoin is still here stronger than ever, and every time they declare it dead, it always end up rising

[kenbytes]

dead? Nope. but probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.

[mindrust]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

[Abiky]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

I totally agree with you on current price. I wish it could skyrocket up to $1000 but it seems that it's going to take longer than expected. Anyhow, I'm not giving up yet. I believe in Bitcoin and I've been holding them for the future.  Hope to get rich someday 

[Bardman]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not

[mindrust]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not

Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.

[Bardman]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not

Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.

It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa

[dothebeats]

It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.

Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not

Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.

It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa

If prices went too low, the small miners who have slower hardware will leave, and the big mining farms will dominate the mining scene. That's how it works today. Bitcoin will never reach a state of equilibrium simply because of the centralization of mining (big mining farms) and the small miners, whales in the market, small buyers in the market and whatnot. You can never expect balance in a state of chaos.