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Author Topic: Is bitcoin dead?  (Read 110806 times)
henmark
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September 04, 2017, 03:36:52 PM
 #1281

Now this sounds very strange. The price of bitcoin has reached the next peak and everyone is buying this crypto currency. He is alive and very popular. I think that we do not need to think that bitcoin is dead for several decades
Yes, this is correct bitcoin is good running to the market and cycling well. No need for us to bother about those wrong speculation that bitcoin is dead, because we can see the exactly opposite of it.
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September 04, 2017, 03:54:45 PM
 #1282

Now this sounds very strange. The price of bitcoin has reached the next peak and everyone is buying this crypto currency. He is alive and very popular. I think that we do not need to think that bitcoin is dead for several decades
Yes, this is correct bitcoin is good running to the market and cycling well. No need for us to bother about those wrong speculation that bitcoin is dead, because we can see the exactly opposite of it.

Speculation is normal guys, whales earn money from this. They made people panic and then they buy cheap bitcoins, then they create pump to sell their assets to us. Bitcoin won't be having a problem, the system is still the same.
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September 04, 2017, 10:32:01 PM
 #1283

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.
Very well said. It will be very near to impossible to see this ever in future too. Bitcoin is having a large number of investors as well as it is gaining very much popularity amongst the traders sitting in Market. Secondly, the way it has raised up to the sky in such a short span of time, I can see a very bright future ahead.
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September 04, 2017, 10:39:57 PM
 #1284

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.
Read this, http://www.businessinsider.sg/initial-coin-offering-china-bitcoin-ethereum-peoples-bank-of-china-law-all-crypto-illegal-etoro-2017-9/?r=US&IR=T

Not all of the panic sell caused by the cash out by some people and try to buy again in the future, The news has brought the more panic feels for every crypto holders yesterday. Does it look good for you?

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Konthol Ngaceng
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September 04, 2017, 11:15:11 PM
 #1285

Many people say bitcoin is dead, but we can see that the price keeps going up and everyone is making a profit. I think bitcoin still lasts for at least 25 years, so buy and invest bitcoin is better than we just see the price go up.
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September 05, 2017, 03:12:49 AM
 #1286

Many people say bitcoin is dead, but we can see that the price keeps going up and everyone is making a profit. I think bitcoin still lasts for at least 25 years, so buy and invest bitcoin is better than we just see the price go up.

People who said bitcoin is dead are haters. When something or someone is famous they will do anything just to defame it. Or these are just trolling to make some noise so the newbies will panic and sell their coins at low price.
Yeah we're having some issues right now and no one can tell where this be going. But one thing for sure that after the storm the sun will appear and make the day bright again.

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September 05, 2017, 05:12:59 AM
 #1287

Many people say bitcoin is dead, but we can see that the price keeps going up and everyone is making a profit. I think bitcoin still lasts for at least 25 years, so buy and invest bitcoin is better than we just see the price go up.

People who said bitcoin is dead are haters. When something or someone is famous they will do anything just to defame it. Or these are just trolling to make some noise so the newbies will panic and sell their coins at low price.
Yeah we're having some issues right now and no one can tell where this be going. But one thing for sure that after the storm the sun will appear and make the day bright again.
We are just all getting tested by the manipulators of the market and because of their power they can manipulate the market and dictate by their own. Bitcoin is not dead and if there something goes wrong then treat it as an opportunity to buy a lot of cheap coins and not to panic sell because that is how we can make millions in cryptocurrency.
siddartha1492
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September 05, 2017, 05:14:32 AM
 #1288

I wonder what does OP think of his question right now!! I personally think Bitcoin is not a good payment option as it was promoted a few years back. You can't do micro transaction, fees are higher than fiat e-wallets and bank transfers and speed is slow. But what Bitcoin did was that it paved the way for better currencies to come up. Like Steem, which is instant, free to transact etc. In future users might use Bitcoins less for small transactions, but still it will keep its value as an investment, as a driving force behind the whole crypto world. With the governments declaring Bitcoin legal in many countries, it's not gonna die!

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September 05, 2017, 11:37:30 PM
 #1289

Many people say bitcoin is dead, but we can see that the price keeps going up and everyone is making a profit. I think bitcoin still lasts for at least 25 years, so buy and invest bitcoin is better than we just see the price go up.

People who said bitcoin is dead are haters. When something or someone is famous they will do anything just to defame it. Or these are just trolling to make some noise so the newbies will panic and sell their coins at low price.
Yeah we're having some issues right now and no one can tell where this be going. But one thing for sure that after the storm the sun will appear and make the day bright again.
We are just all getting tested by the manipulators of the market and because of their power they can manipulate the market and dictate by their own. Bitcoin is not dead and if there something goes wrong then treat it as an opportunity to buy a lot of cheap coins and not to panic sell because that is how we can make millions in cryptocurrency.
Rises and falls are the part of business things. What we are seeing about bitcoins in past 2 weeks, it is not the matter of panic. We must not be heart-fallen about it, as the market always fluctuates. Bitcoin is not dead. It is alive still the computers are alive. For now, it is just a normal downfall.
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September 06, 2017, 04:08:20 AM
 #1290

Many people say bitcoin is dead, but we can see that the price keeps going up and everyone is making a profit. I think bitcoin still lasts for at least 25 years, so buy and invest bitcoin is better than we just see the price go up.
This is reason I think why other people say bitcoin is dead because if bitcoin price down they can chance to buy bitcoin with cheap price and for sure if that happen bitcoin will increase again so those people buy bitcoin they can earn a lot of profit. And I think those people say that they want to die bitcoin so they have possible that coin they have become new bitcoin or the king.

 
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September 06, 2017, 04:11:28 AM
 #1291

Who says bitcoin is dead? The evidence until now bitcoin still exist, although the price continues to increase
Malaya
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September 06, 2017, 04:49:36 AM
 #1292

Bitcoin is still alive. And we are continuously hoping that will always will. In our country Bitcoin is being widely used in different provinces as well not just in the city. Being dead is absolutely being nothings or gone. Bitcoin is not dead.

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September 09, 2017, 03:17:43 AM
 #1293

Who says bitcoin is dead? The evidence until now bitcoin still exist, although the price continues to increase
No needs to be surprised mate because the news about the bitcoin dead comes time to time. People who spread this kind of news want to manipulate the price and the importance of bitcoin even when the price increase they talk about the old price so in the last few months of the bitcoin in 2016 bitcoin was 1000$ so the price of the bitcoin increasing day by day so it is not going to dead ever the bitcoin going so high.

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September 09, 2017, 03:48:25 AM
 #1294

Who says bitcoin is dead? The evidence until now bitcoin still exist, although the price continues to increase
No needs to be surprised mate because the news about the bitcoin dead comes time to time. People who spread this kind of news want to manipulate the price and the importance of bitcoin even when the price increase they talk about the old price so in the last few months of the bitcoin in 2016 bitcoin was 1000$ so the price of the bitcoin increasing day by day so it is not going to dead ever the bitcoin going so high.

Take note as well that this kind of news really pop specially when the price of bitcoin is going down. Though the price has sink  to $4300 because of a fake news. But we already know that bitcoin will not just die because of this and will not whatever the circumstances are. Its resilient to this come of scenario and will get back ever more after this. By now we should not entertain anymore this kind of FUD as we have seen that this method would deter anyone from buying bitcoin specially in this dip.

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September 09, 2017, 04:04:30 AM
 #1295

Who says bitcoin is dead? The evidence until now bitcoin still exist, although the price continues to increase
No needs to be surprised mate because the news about the bitcoin dead comes time to time. People who spread this kind of news want to manipulate the price and the importance of bitcoin even when the price increase they talk about the old price so in the last few months of the bitcoin in 2016 bitcoin was 1000$ so the price of the bitcoin increasing day by day so it is not going to dead ever the bitcoin going so high.

People who already use bitcoin since long time ago will not surprised about that fake news. I mean, how can bitcoin dead if that price still high like today ? I think its just people who envy to bitcoin and want the price of bitcoin go down. In my opinion bitcoin will not dead, maybe never dead.
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September 12, 2017, 10:24:11 PM
 #1296

useless? Nope. but almost certainly tumble back down as soon as the exhilaration has calmed down then individuals will be again proclaiming it to be useless yet again.
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September 15, 2017, 02:37:56 AM
 #1297

People who already use bitcoin since long time ago will not surprised about that fake news. I mean, how can bitcoin dead if that price still high like today ? I think its just people who envy to bitcoin and want the price of bitcoin go down. In my opinion bitcoin will not dead, maybe never dead.

Yeah. Take a look at the recent news for example, which has caused a massive decline over Bitcoin's price. Right now it is China and JPMorgan, but other banks and governments may rise against the pioneer cryptocurrency as they try to limit its growth in the future.

There have been many times where Bitcoin has been declared dead, yet it has emerged stronger than ever over the course of years. The bankers will try to spread negative thoughts about Bitcoin over the mainstream media, to plummet its value so that they could get Bitcoin at a cheaper price. But those who are confident in the pioneer cryptocurrency's future will invest now, and reap the profits in the future. Just my thoughts Grin

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September 15, 2017, 02:44:08 AM
 #1298

Basically it is not... As you can see... there are still a lot of people going after it.  So no reason to panic at all... Bitcoin will just soar up... just wait and see.. China cannot forever ban its use... They will eventually succumb to the demand of the people... I believe the open market is creeping slowly into their veins... So no worry....
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September 15, 2017, 02:49:20 AM
 #1299

Basically it is not... As you can see... there are still a lot of people going after it.  So no reason to panic at all... Bitcoin will just soar up... just wait and see.. China cannot forever ban its use... They will eventually succumb to the demand of the people... I believe the open market is creeping slowly into their veins... So no worry....

Why would bitcoin die again? This is just another barriers that we need to cross anyways. We understand now, what is the cause of this massive dumping of coin, but it is just one country. Of course we consider China as a dominant force in bitcoin market because of its mining farm and trading, however, the government chooses to wage war against it and the only victim here is there citizen not bitcoin itself. Maybe they felt threaten or something but it is what it is. Yes, the price has sink ever since they announce banning ICO and closing exchange, but for me there's still room for bitcoin to recover from  this shenanigans.

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September 15, 2017, 04:11:00 PM
 #1300

Why would bitcoin die again? This is just another barriers that we need to cross anyways. We understand now, what is the cause of this massive dumping of coin, but it is just one country. Of course we consider China as a dominant force in bitcoin market because of its mining farm and trading, however, the government chooses to wage war against it and the only victim here is there citizen not bitcoin itself. Maybe they felt threaten or something but it is what it is. Yes, the price has sink ever since they announce banning ICO and closing exchange, but for me there's still room for bitcoin to recover from  this shenanigans.

Completely agree with you, mate. I believe that the negative effect in Bitcoin's price is only temporary, as only one country like China banning it may have a little impact over its growth. Since Bitcoin is a worldwide currency, it cannot be stopped or seized from functioning thus emerging better and stronger than ever over the course of years.

Every once in a while, Bitcoin will face many threats from big banks to governments, but it has always managed to rise back up and stand among other real world assets. Therefore, it is safe to say that Bitcoin is not dead since it has a wealth of users supporting it to the bitter end. Given the fact that it has an established branding and trust among the market, it may continue to prevail for the long term.

Nevertheless, while Bitcoin will not die, it may suffer from becoming used in the mainstream world if it doesn't address its issues soon. Just sharing my thoughts Grin

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