Is bitcoin dead?

[Abiky]

No, bitcoin is not dead. Bitcoin price might be low for now but it is not dear and never will be. Bitcoin will surprise us one of this day and its price will be higher than before.

Yeah. Everytime Bitcoin declines in value, or negative news become spreaded, panic arises from traders to investors in the markets. As a result of this, many people declare Bitcoin's death, when in fact it's all the contrary.

Moments like these are perfect for anyone to start investing into Bitcoin, given its deflationary nature which will reflect a positive result in its price for the long term. Many experts have predicted that Bitcoin will rise to more than $20,000 per coin. When this time comes, many who have invested into Bitcoin today will greatly benefit from the price rise giving them more spending power.

Thus, the more people use Bitcoin and it improves in development, the more it will be able to grow and maintain its place in the markets. With this in mind, Bitcoin is very unlikely to become dead at any point in time. Just my thoughts

[thet]

Bitcoin is still alive and working well. The market is currently active and performing great as of this time. How can somebody think that it is now dead.

[Ailmand]

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.

I disagree massively with this part.  Stock markets are high, agreed.  This is due to stock buybacks and huge bubble P/E ratios, not fundamentals though.  Unemployment as paid by the state is low, I agree.  But the participation level is very very low, almost the same as in the trough of the recession in 2008.  People may not care about Bitcoin, but do you seriously not think that there will be an "internet money" in the future, so that you can pay for anything, anywhere without having to convert?  I think there will be, and I am essentiall betting that it will be Bitcoin.

Good point. I think this opinion is in so many aspects mistaken. The basis used to pronounce that bitcoin is dead is not enough to make such conclusion. Also, even if there is slowness on how bitcoin is accepted in the market, it is counteracted by the way its price kept on increasing, even reaching around 19-20k which is a record for any cryptocurrency in the market. Also, the future is not bleak at all for bitcoin, many people and countries alike are beginning to embrace it, which would add more speed to its continuance.

[supercanada1]

Bitcoin is becoming more important to users and is growing day by day.

Fair enough now bitcoin is increasing in price and value it will not go down. Bitcoin has high potential to give befit of saving for long time. I know it is true and future bitcoin is going to be one of best thing for me. It is being said that bitcoin has bright future and secure money saving system. In bitcoin no one is daring to put doubt on bitcoin and avoiding it but everyone is trusting bitcoin and investing because they knows bitcoin will grow more in future.

[Magister Magus]

It's nice to read these threads, on what people thought just two years ago!
Today's world is so fast changing that any prediction is really impossible! :-)

[Atect90]

bitcoin is obviously not dead, it may be true that not everyone knows about bitcoin. But if you think about it, what do you think is the reason that bitcoin is rapidly increasing in amount? bitcoin may not be known by everyone now, but soon in the future people will start to depend on bitcoin.

Unawareness of people is not a big issue because now bitcoin is getting famous and people are being informed about bitcoin so get bitcoin and hold it and forget about price loses. It is not possible for bitcoin to lose value and got dead. Just buy bitcoin with a hope of profit and savings. Now if we look at market demand of bitcoin we will see how it is making space and having profit.

[FireShark89]

Bitcoin isn't dead, but we're probably going to experience a dead cat bounce in the price.

[sallydavisy]

As payment service with fast transactions obviously dead. But as investment mechanism like gold, bitcoin will last quite a long time.

[haidangtp]

Bitcoin is becoming more important to users and is growing day by day.

[Senja Kemuning]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

[BitPlace]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

Yes I agree. Many people always say that bitcoin dies because of its price. But it is really impossible that bitcoin dies. I guess the price is dying, it drops temporarily but it will not drop permanently. Bitcoins price someday will back into normal that the price is higher. All we must do is to take a risk and be patient of waiting.

[Gaff]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

Yes I agree. It is too impossible that bitcoin will be dead because internet connection right now or should we say technology is very popular. They can say that bitcoin is dead because of its dropping price, but the price of this will not temporarily drop, it will be back to its normal flow of how prices of this goes higher.

[kerjakuat]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

Yes I agree. It is too impossible that bitcoin will be dead because internet connection right now or should we say technology is very popular. They can say that bitcoin is dead because of its dropping price, but the price of this will not temporarily drop, it will be back to its normal flow of how prices of this goes higher.

that why i only trust on what i see at the price chart rather then what all peoples say. hello.. this is crypto. nothing is impossible..

[donnie.darko]

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.

[mrbnson]

Bitcoin isn't dead, but we're probably going to experience a dead cat bounce in the price.

We've already seen that about 5 times, although the dead cat bounce is something you would normally associate with something being dead, hence the name. I think that it's not dead and nor is said cat, the cat just merely went to sleep and now it is coming back to life.

[shouter]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

That's true, I agree with you. Some people make this type of comment "bitcoin dead" simply by bad faith in Bitcoin. But there are other people who do this in order to create low-priced speculation and thereby try to make a profit. In fact, I agreen that very soon there will be a good price increase.

[Dark Sky]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

That's true, I agree with you. Some people make this type of comment "bitcoin dead" simply by bad faith in Bitcoin. But there are other people who do this in order to create low-priced speculation and thereby try to make a profit. In fact, I agreen that very soon there will be a good price increase.

Bitcoin will never dead because many people who get more benefits from this forum they want to spread this forum and bitcoin will more popular in future in all over the world, so I think bitcoin will most beneficial for everyone and specially for those who invest in this forum, so that's why its price will more increase in future and that is good for bitcoin users.

[btcminer6212]

It's nice to read these threads, on what people thought just two years ago!
Today's world is so fast changing that any prediction is really impossible! :-)

I think they were luckiest people on this planet and we have missed that time but the whole train Han,t missed. I had heard the it from a friend a few years before but I neglect it and now I am regretting that why should I don't take him seriously and now he has millions more from me.

[Jembut Ireng]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

That's true, I agree with you. Some people make this type of comment "bitcoin dead" simply by bad faith in Bitcoin. But there are other people who do this in order to create low-priced speculation and thereby try to make a profit. In fact, I agreen that very soon there will be a good price increase.

Bitcoin will never dead because many people who get more benefits from this forum they want to spread this forum and bitcoin will more popular in future in all over the world, so I think bitcoin will most beneficial for everyone and specially for those who invest in this forum, so that's why its price will more increase in future and that is good for bitcoin users.

For now we say so, but I'm sure it can not last forever, maybe no more than 40 years old bitcoin will die, but the most important thing for us is we get profit as long as bitcoin exists.

[randal9]

Many people say bitcoin dies when the price drops, as is the case with today, the price drops up to $ 13200 but I'm sure prices will skyrocket again not even hard to reach $ 30,000 when it's dated 16 januari 2018.

That's true, I agree with you. Some people make this type of comment "bitcoin dead" simply by bad faith in Bitcoin. But there are other people who do this in order to create low-priced speculation and thereby try to make a profit. In fact, I agreen that very soon there will be a good price increase.

Bitcoin will never dead because many people who get more benefits from this forum they want to spread this forum and bitcoin will more popular in future in all over the world, so I think bitcoin will most beneficial for everyone and specially for those who invest in this forum, so that's why its price will more increase in future and that is good for bitcoin users.

For now we say so, but I'm sure it can not last forever, maybe no more than 40 years old bitcoin will die, but the most important thing for us is we get profit as long as bitcoin exists.

I agree that we have a good opportunity to get profit now, while it lives and leads an active life) we can't be sure that it will live forever, but we can see its problems in time and leave the game