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bravehearth0319
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May 04, 2017, 06:54:32 AM |
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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?
If no one cares about bitcoin anymore do you think how that bitcoin price value now was 1506$? Is this was the one you are saying that no one cares in bitcoin? This is shows only that it is really highly potential now which bitcoin has. Because it is really, really easy and convenient to use anywhere in the world. |
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Leprikon
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May 04, 2017, 07:05:05 AM |
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I don't even believe in that non sense that bitcoin is dead ? It has been a few years they said that ! But it didn't came true because there is no big reason that bitcoin can be possibly dead even it is not accepted by the government, bitcoin cannot be dead.
Bitcoin can disappear like any other currency, but now it is just developing. So in the next few years you can not worry about it. |
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tabas
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May 04, 2017, 01:42:46 PM |
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one time would have been dead, I'm not sure bitcoin can continue to survive because until now there has been no bank or country that officially legalizing bitcoin.
Are you really sure that you are asking if bitcoin can continue to survive? Even without those legalization or anything with the government bitcoin is at is. It didn't change a bit but it's price is keep on changing because of the market of it gets higher day by day depending on the demand. And right now the demand get's higher because of those new countries that started to adopt it. It may be a possibility, but from what we can say based on the users, we can't say that it may end up that easily because there are a lot of bitcoin users in the world, and many still are willing to accept bitcoin and use them. It may not be accepted right now, but it might bw in the future as what Japan did. I really don't understand why there are people that are thinking that bitcoin can't make it further. Because we know on how bitcoin is becoming strong each day. And with the adoption that is happening, it is giving us an assurance that bitcoin will be used by so many countries and it's very impossible to become dead. |
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HongKong
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May 05, 2017, 04:50:27 PM |
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Bitcoin does not look that dead to me, since the price of it went above $1,300 not to long ago and there were news articles stating that the price of Bitcoin broke the previous all-time high. I think that the people that invested in Bitcoin when you built this thread made a bunch of money and cashed their Bitcoin out and went on with their day.
Since Bitcoin is going up now, they might be trying to begin holding Bitcoin again.
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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May 06, 2017, 05:00:13 AM |
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Bitcoin does not look that dead to me, since the price of it went above $1,300 not to long ago and there were news articles stating that the price of Bitcoin broke the previous all-time high. I think that the people that invested in Bitcoin when you built this thread made a bunch of money and cashed their Bitcoin out and went on with their day.
Since Bitcoin is going up now, they might be trying to begin holding Bitcoin again.
Dead for sure lol If you have any left send them to charity |
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babysweetTiger0401
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May 06, 2017, 05:33:10 AM |
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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?
This was being said many times here in this forum section and being answered also several times too, it is simply if bitcoin is really dead let us take a look at the price value of bitcoin now https://bittrex.com/ it is now 1533$, now ask yourself and find the answer if bitcoin is dead.  |
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Distinctin
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May 06, 2017, 05:36:14 AM |
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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?
This was being said many times here in this forum section and being answered also several times too, it is simply if bitcoin is really dead let us take a look at the price value of bitcoin now https://bittrex.com/ it is now 1533$, now ask yourself and find the answer if bitcoin is dead. Bitcoin just hit another all time high and people are still telling it's dead, come on let's be not a hater, bitcoin is the future it has shown evidence it will dominate the online payment system in the future. |
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Rasel5209
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May 06, 2017, 10:34:26 AM |
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just i want say no. it's not posible. after some time it can be increase or decease.
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Conasse
Jr. Member
Offline
Activity: 336
Merit: 5
Culotte Jaune Officielle
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May 06, 2017, 01:04:46 PM |
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Have you noticed? Lot of people who gave up with bitcoin and telling bitcoin is dead, are now coming back to use it LOL.
I find it funny to see
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Bouffe ma chatte, pas la planète!
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Xester
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May 06, 2017, 01:15:00 PM |
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I don't even believe in that non sense that bitcoin is dead ? It has been a few years they said that ! But it didn't came true because there is no big reason that bitcoin can be possibly dead even it is not accepted by the government, bitcoin cannot be dead.
Bitcoin is still very young and is still growing and it keeps getting stronger everyday. It is impossible that it will die at this point of time but it can be possible 50 years from now when there are new kinds of alternative currency that is much better compared to bitcoin. But right now let us enjoy bitcoin ans also enjoy the profit that we can make from it. |
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Barbut
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May 06, 2017, 01:26:30 PM |
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I don't even believe in that non sense that bitcoin is dead ? It has been a few years they said that ! But it didn't came true because there is no big reason that bitcoin can be possibly dead even it is not accepted by the government, bitcoin cannot be dead.
Bitcoin is still very young and is still growing and it keeps getting stronger everyday. It is impossible that it will die at this point of time but it can be possible 50 years from now when there are new kinds of alternative currency that is much better compared to bitcoin. But right now let us enjoy bitcoin ans also enjoy the profit that we can make from it. That is reasonable thinking, bitcoin is young and its far from any kind of death. This is an odl topic, back in the days this threads could create some fear among forum members and maybe even start some panic selling situation. Now bitcoin is much stronger and we can see this threads as attempt to disturb community, bitcoin is still alive and only some new technology can make bitcoin disappear, but when will that happen, in 50 years like you said maybe. |
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Aikidoka
Sr. Member
Offline
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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May 06, 2017, 01:55:27 PM |
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It is still alive. But it will be dead sooner or later.
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geegaw
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May 06, 2017, 02:17:24 PM |
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It is still alive. But it will be dead sooner or later.
That is of course, everything only exists for a certain period of time, nothing is eternal and forever. Bitcoin will certainly dead in the future, say exactly is it will disappear but would probably need a very long time for the bitcoin to disappear because now the bitcoin is still in the development stage, it has just grown in recently years and bitcoin is not yet in its peak, it is still young and very energetic. I think we should not care about the problem Bitcoin is dead or not, that is the story of the future, now we just need to earn more bitcoin and wait for the profits it brings |
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jeraldskie11
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May 06, 2017, 02:37:35 PM |
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just i want say no. it's not posible. after some time it can be increase or decease.
Yes, you're right. It means that the bitcoin is not dead because the price is still increasing and also the bitcoin core is always updated. It has a alternating movement that why I can say that bitcoin is still alive. |
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francisthecrusher
Member
Offline
Activity: 60
Merit: 10
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May 06, 2017, 02:45:03 PM |
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It is still alive. But it will be dead sooner or later.
Just like fiat. |
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aryana42
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May 06, 2017, 04:06:15 PM |
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It is still alive. But it will be dead sooner or later.
Just like fiat. Bitcoin is currency of future, will not die. In fact will continue to grow and more and more people who use bitcoin in transacting. |
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killgald
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May 06, 2017, 05:08:53 PM |
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It is still alive. But it will be dead sooner or later.
Just like fiat. Bitcoin is currency of future, will not die. In fact will continue to grow and more and more people who use bitcoin in transacting. It is true, bitcoin is having a big boom in the interne and more people are joining the bitcoin world. |
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madcow1713
Newbie
Offline
Activity: 53
Merit: 0
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May 07, 2017, 01:55:44 AM |
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Yeah it will continue to be a thing of one value or another until someone can easily and quickly crack 256 bit encryption. That will be some time.
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Sled
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May 07, 2017, 01:58:51 AM |
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It is still alive. But it will be dead sooner or later.
Just like fiat. Bitcoin is currency of future, will not die. In fact will continue to grow and more and more people who use bitcoin in transacting. Yes bitcoin has possibility for being the future currency and it will not die because of the continuous support of the community and also the good development for bitcoin but bitcoin can be also dead if there will be a worst case scenario like the miners migrate to another coin and they just left bitcoin and its network will not have a support until it collapse and bitcoin transactions will be stuck and it will make the bitcoin dead. |
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finzyoj
Sr. Member
Offline
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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May 07, 2017, 08:23:47 AM |
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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?
A non-sense idea, why at this time bitcoin continues popular in our market because they trust in this currency and they think it have a good future, not only for the investor especially in the country and user. It is a big help in worldwide because of uses. I think in mining, most of that are scam and that is the bad images of bitcoin. But if we see in other side of bitcoin market it is a big help, with hardworking we can earn money and profit but first knowledge is the best important things to avoid failure or blaming our self at the end. |
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