Is bitcoin dead?

[Pujangga]

Not dead, bitcoin trend when the end of the year is the price drop, everyone wants to hold cash to celebrate the new year, they vacation to various cities and countries so they sell bitcoin to fiat and cause the price drop.

[lamjed]

We can not say that bitcoin is dead simply because everything in life go through bad periods and that what is happening to bitcoin. We all know that it is due to fees that it is decreasing and be sure that bitcoin's come back is so near.

[tailwate07]

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

Yes, you are right and it has also been proved in last 48 hours that bitcoin is not only alive but also has some really good grip in the market. One thing is very much clear from all of this and that is bitcoin has not failed its investors so far, but the million-dollar question is that what will happen in the future? Because couple of weeks back, the exchange site was crashed and there was a panic in the market which is not good.

[marsmyname]

what is sure is that while BTC take steps to those difficulties will keep on being an important instrument, I believe it's too soon to state whatever else to the legitimacy or perpetual quality of this, however from what people groups see at the season of composing this, is in spite of the good and bad times it has had still appears to be extremely solid, and is exceptionally inaccessible from what the title says, we should hold up longer to have a clearer definition.

Bitcoin is now not stoppable and cannot died because a large number of people are working on it and making investment in bitcoin. Due to the bitcoin a new trade is developed which is more beneficial for the modern world. Due to its high security it can’t be hacked so the chances of the died become zero it that point.

Bitcoin will not die if we will continue to support bitcoin, it's the best online currency now as online users and investors put their interest on bitcoin.
The value has appreciate so much and that is a good quality of an alive and successful coin.

All these talking’s are just to make people believe that bitcoin is going to die and has no future. there is no such thing which is going to result in down fall of bitcoin. They are only saying this because they want to bring down the market of bitcoin to buy the bitcoins at low price for having more benefit. Bitcoin is having a wonderful future and it will not disappoint its investors.

[Fappanu]

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?

I think no, even though bitcoin is facing a lot of problems and issues nowadays. Bitcoin is still profitable and people are still trusting bitcoin even though there are some delays on the transactions and transaction fees are a little expensive. Even some news about bitcoin being a fraud or a scam didn't stop bitcoin price from surging. So, I really think that bitcoin is unstoppable.

[BurgerCash]

Dying, maybe, but not on its last breath and there's more to show. But it's not having its best period at the moment

[iSkyCastle]

What's this topic? =.=' It's never going to be dead.
Price correction, Yes. Market Crush, Maybe. But it will remain its existence for sure.

[Wong Gendheng]

Why people say bitcoin is dead, this is because they think the price drops to tens of percent and there is no hope of going up again, this is wrong because bitcoin will go up soon.

[nethan1btc]

Why people say bitcoin is dead, this is because they think the price drops to tens of percent and there is no hope of going up again, this is wrong because bitcoin will go up soon.

Just because it drops up to 20%, that doesn't mean it will die. A lot of people keep on saying or asking if it's dead whenever the price drops. And when it increase, they keep on praising it. People nowadays are taking two sides. Either they will praise bitcoin if it increase, or keep telling or asking if its dead or it ends. If you have faith in bitcoin, then you're not supposed to ask if its dead or not.

[Erza]

We can not say that bitcoin is dead simply because everything in life go through bad periods and that what is happening to bitcoin. We all know that it is due to fees that it is decreasing and be sure that bitcoin's come back is so near.

I never thought that bitcoin is dying anyway, instead of dying what I said is bitcoin is cloudy because there is so many aspects that make bitcoin so cloudy. As long as they can face that moment, they will shining back at their best to hit. Transaction speed and fee sure be the biggest problem right now but in the end I believe they will never die and will always rising

[adam1230]

bitcoin network is almost dead. TX fee is really crazy and i have to hold my coins cause of tx fee afraid.
This network cannot handle more transactions and need a hardfork.

[takose46]

It's just the correction for the markets. I think the investors are dead if you're not smart enough not Bitcoin.

[Cryptophorus Columbus]

Well, it's interesting how much can change the perception in just two years :-)

[EdenHazard]

bitcoin network is almost dead. TX fee is really crazy and i have to hold my coins cause of tx fee afraid.
This network cannot handle more transactions and need a hardfork.

hmmm yes if we talk about how bitcoin did not used as a form of payment processor .

it is indeed dying right now , people cannot use bitcoin like the old days where a micro payments are so worth with bitcoin , the fee are so low and the process are so fast. all of them by now getting disappeared , we need a resolution in 2018 , otherwise bitcoin gonna die for sure.

[Abiky]

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

Yeah. Bitcoin can never outmatch altcoins in terms of speed and cost of transactions. But, one thing for sure is that it has been established as a digital store of value with many big investors, and traders becoming interested into it during time.

Seeing that it's been increasing in hashrate in userbase lately, Bitcoin will be here to stay for many years to come. Perhaps, sometime in the future, we will get to see an altcoin like Bitcoin Cash or Litecoin becoming used in mainstream payments with dirt cheap fees while Bitcoin remains as the "gold" standard for many of today's cryptocurrencies. Being a reserve currency, gives it an advantage to remain solid in the markets despite whatever greater technology an altcoin can accomplish.

Nevertheless, I hope that Bitcoin would remain used as a store of value for the long-term. If there is a single node and miner supporting the network, there should be nothing to worry about. Just sharing my thoughts

[Hosam Mazawi]

Bitcoin is steel

[deadthings]

Why people say bitcoin is dead, this is because they think the price drops to tens of percent and there is no hope of going up again, this is wrong because bitcoin will go up soon.

Bitcoin is one of those coins which will have always some power to just get to price which from it drop. That's why people still invest in downs to just wait for pumps.

[sonali2015]

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?

Bitcoin never died because its a real and valuable coin.But some days hacker groups attak on different exchanger and many people lost their money.So i think bitcoin need to strong their security.

[drachman]

your opinion about the decreasing value of btc seems unproven for now, the current btc value is shifting and increasing

Yes, bitcoin can’t die ever, it is an ever living digital currency and is spreading with the speed of light, even people have started to do online shopping using bitcoin rather than any other source of their money. From now bitcoin can’t day but will spread more and more with the increase in its age, its importance will also increase which leads to its intense demand, thus it will become more costly than the present case.

Bitcoin is very resistant but to claim it cannot die is a mistake if the devs make the same mistake thinking that there is nothing that could destroy bitcoin then they will not be ready when a threat that big appears, remember we always need to be ready just in case a big threat appears and wants to destroy bitcoin.

[taktik]

your opinion about the decreasing value of btc seems unproven for now, the current btc value is shifting and increasing

Yes, bitcoin can’t die ever, it is an ever living digital currency and is spreading with the speed of light, even people have started to do online shopping using bitcoin rather than any other source of their money. From now bitcoin can’t day but will spread more and more with the increase in its age, its importance will also increase which leads to its intense demand, thus it will become more costly than the present case.

Bitcoin is very resistant but to claim it cannot die is a mistake if the devs make the same mistake thinking that there is nothing that could destroy bitcoin then they will not be ready when a threat that big appears, remember we always need to be ready just in case a big threat appears and wants to destroy bitcoin.

I think that the title of the topic needs to be changed or it is no longer relevant. if at a price of $ 20,000 a few days ago bitcoin still called some dead, then what will happen when it comes to life. the main thing is not to pay attention to stupid attempts to provoke panic.