Is bitcoin dead?

[anlam511]

I don't think so, if bitcoin dead, market will crash. Bitcoin is strong currency, i think it with continue to grow.

[virtualkeybuyer]

I don't think so, if bitcoin dead, market will crash. Bitcoin is strong currency, i think it with continue to grow.

Yes you are right bitcoin will never die and let me add few things that make sure to all of those who think bitcoin will die. Bitcoin is the future of internet marketing, and it is the now growing and lot of people takes interest in bitcoin even many country want to make bitcoin their national currency but bitcoin work globally and one day it rules the global market.

[jostorres]

I don’t know who these creatures are. Why would bitcoins die when they are about to take an epic ride to moon and have already taken off ?
Bitcoins are the future of the world. Soon they are going to be legalized across the globe. The number of bitcoin investors is tremendously increasing day by day.

Exactly. With all the recent uptrend in Bitcoin's price and demand, more people are joining in to make the ecosystem stronger than ever. It has managed to go far since its inception, and up to this point it has been doing very well if you tell me.

Thus, it is safe to say that Bitcoin may never die as long as there are lots of people supporting it towards preserving its future. Soon, the pioneer cryptocurrency will be able to achieve SegWit activation, paving the way towards increasing its block size up to 2mb. Within this period, I believe that other forks may occur like it did with the emergence of Bitcoin Cash.

Despite the facts, Bitcoin will survive within the cryptocurrency space for many years to come. No matter how many forks occur, it could remain solid as ever as long as it has the support from the majority of Bitcoin businesses and individuals. Just my opinion

Bitcoins are the backbone of the crypto market. Digital currency world can’t survive without bitcoins. People are attracted towards digital currencies mostly because of bitcoins. When bitcoins are creating history, how can anyone consider them dead? They are alive and more energetic than ever.

[Abiky]

Bitcoins are the backbone of the crypto market. Digital currency world can’t survive without bitcoins. People are attracted towards digital currencies mostly because of bitcoins. When bitcoins are creating history, how can anyone consider them dead? They are alive and more energetic than ever.

Exactly. Bitcoin is the reserve currency of crypto land. Every altcoin has at least a BTC trading pair, so they will depend on the pioneer cryptocurrency's existence to survive for the long term.

Therefore, the more Bitcoin rises in value and popularity, so will the other cryptocurrencies on the market. Bitcoin is the standard of any cryptocurrency in existence, and its development will greatly impact the whole Blockchain ecosystem for many years to come.

Nevertheless, with all the recent uptrend that Bitcoin has experienced lately, it is hard to say that it will become dead anytime soon. Just my opinion

[Ch1bi]

Bitcoin at the moment is far from dead. In the off chance it does die, I believe another crypto coin will take it's place, as cryptos are all the rage these days. Time will tell...

[marcbitcoins]

Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate.

All the above securities failure are not related to bitcoin network itself, right?

I totally disagree to this Dead Bitcoin speculation because more and more people and nations as well are pouring in to bitcoin even block chain system will plan to adopt by the pentagon because they believe it is reliable and strong. Well lets just see what will happen to the bitcoin value in the end of year 2017 because as of now the value reach to $4,600 already. If the value decreases after 2017 then maybe the speculation will going to be true.

[Pakboy]

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?

It is impossible if the bitcoin become dead. Bitcoin nowadays proving that it is the most powerful coin in the market. Bitcoin will never die and I know bitcoin will become our future money.

[Bitmedrano040117]

If Bitcoin died, the cryptocurrency community will find new crypto replace it, don't worry about this issue because in the past have many predict about this situation. But after all Bitcoin just growth more than and reach to highest price like now.

Yes you're right mate in this things, bitcoin encountered many circumstances were they said bitcoin will not long last or something etc. But look at the price value of bitcoin so far in the present it is very closed to 5000$, and many community of bitcoin believed it will reach 10,000$ or more by next year. So which means, bitcoin will exist as long as there is a users continuing patronizing it.

[WinBeast]

Bitcoin is not dead. Bitcoin is alive, popular, and vibrant as ever. It is growing and appreciating exponentially.

[DevilSlayer]

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?

there is a high chance that the price of the bitcoin will go down but there is no possibilities that the bitcoin will die. Bitcoin is very strong and very good in investment nowadays. It is impossible if the bitcoin will die.

[coynedterm]

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?

there is a high chance that the price of the bitcoin will go down but there is no possibilities that the bitcoin will die. Bitcoin is very strong and very good in investment nowadays. It is impossible if the bitcoin will die.

Here i agree with op and also with you but still here possibilities of the bitcoin down in the price is much small because the main reason behind this factor is that if the price of thr bitcoin will go down speedly then with the positive thinking many rich people will buy btc easily because they know exactly that what the bitcoin is and how they can make money again with increasing price .
Here already we seen many types of such factors that came and results into down in the price and also increase in price rapidly because demands are more for buy in the bitcoin market then what is the demand if selling .
So don't think about the bitcoin in negetive ways and be ready always for the pump and make earnings with that pumps because it takes a small time to increase the price in the bitcoin and also small time to down in the price of the bitcoin .

[Fundalini]

Bitcoin wouldn't be dead as long as the people have trust and support in the system. From what I see, bitcoin still has the largest market cap in cryptos. It also increases its price at a ridiculous rate and is getting popular by the day. So I'm guessing bitcoin would be around for a long time.

[Sithara007]

Bitcoin wouldn't be dead as long as the people have trust and support in the system. From what I see, bitcoin still has the largest market cap in cryptos. It also increases its price at a ridiculous rate and is getting popular by the day. So I'm guessing bitcoin would be around for a long time.

But the warnings are already there. A few months back, Bitcoin had more than 90% share of crypto-coin market capitalization. It has declined to around 45% now. And Ethereum is posing a major challenge to the dominance of Bitcoin for the past many months. And another major challenge is coming from the Bitcoin Cash altcoin.

[djgtr]

Bitcoin wouldn't be dead as long as the people have trust and support in the system. From what I see, bitcoin still has the largest market cap in cryptos. It also increases its price at a ridiculous rate and is getting popular by the day. So I'm guessing bitcoin would be around for a long time.

But the warnings are already there. A few months back, Bitcoin had more than 90% share of crypto-coin market capitalization. It has declined to around 45% now. And Ethereum is posing a major challenge to the dominance of Bitcoin for the past many months. And another major challenge is coming from the Bitcoin Cash altcoin.

i think bitcoin cant be dead anymore.because if every big challenge that come in bitcoins way can make bitcoin dead maybe  it happen in many past years ago.but as we all have seened it is now alive and it is now at the amazing price and continue growing.i really dont believe that bitcoin will be going to dead.

[jonnybravo0411]

Bitcoin is the strongest crypto currency and there is no point in talking about his death now. It will still exist for at least 5 years, because it takes a lot of time to destroy it.

[BTCevo]

Bitcoin wouldn't be dead as long as the people have trust and support in the system. From what I see, bitcoin still has the largest market cap in cryptos. It also increases its price at a ridiculous rate and is getting popular by the day. So I'm guessing bitcoin would be around for a long time.

But the warnings are already there. A few months back, Bitcoin had more than 90% share of crypto-coin market capitalization. It has declined to around 45% now. And Ethereum is posing a major challenge to the dominance of Bitcoin for the past many months. And another major challenge is coming from the Bitcoin Cash altcoin.

i think bitcoin cant be dead anymore.because if every big challenge that come in bitcoins way can make bitcoin dead maybe  it happen in many past years ago.but as we all have seened it is now alive and it is now at the amazing price and continue growing.i really dont believe that bitcoin will be going to dead.

I think it can't be said like that since we never know about the future yet. But for now I can said bitcoin still exist because of the adoption, many adoption will make bitcoin never dead. And I still so not know who hold the most bitcoin yet, but when he sell his coin I believe there will be some dropping price which will be leading to the dead

[jostorres]

Bitcoin is the strongest crypto currency and there is no point in talking about his death now. It will still exist for at least 5 years, because it takes a lot of time to destroy it.

Bitcoins are the leaders of the crypto world and there is no warrior coin that can put an end to the throne of bitcoins. Rest all coins especially altcoins are often found following bitcoins for pumps and dumps. There is no need to waste time on paying attention to the rumors about the death of bitcoins. They are evergreen in the digital world.

[biskitop]

the situation must be very sad. when some people, have accumulated a lot of BTC for future investment but it turns out BTC must die, they will be very disappointed. if BTC is dead, it will also affect the crypto world.

[jc89]

Bitcoin wouldn't be dead as long as the people have trust and support in the system. From what I see, bitcoin still has the largest market cap in cryptos. It also increases its price at a ridiculous rate and is getting popular by the day. So I'm guessing bitcoin would be around for a long time.

But the warnings are already there. A few months back, Bitcoin had more than 90% share of crypto-coin market capitalization. It has declined to around 45% now. And Ethereum is posing a major challenge to the dominance of Bitcoin for the past many months. And another major challenge is coming from the Bitcoin Cash altcoin.

I don't think so. Once ethereum and bitcoin cash or any other alts have the same or at least half of btc's value then that's the only time I'm gonna believe that they really are a threat to btc. But right now, there's a zero chance for btc to be dead. Just look at the trends since segwit activation. Btc will only be dead if everyone pulls out and sell off their BTCs and the value went down to zero.

[fishbonez11]

I don't think bitcoin is dead or is soon going to die. It is so alive and the prices are continuously rising. Price declines would always be occurent, but i think it will remain especially that more and more countries are accepting bitcoin.