Is bitcoin dead?

[bitcoinsocial09]

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?

No bitcoin is not dead. These days the bitcoin peice keep on Decreasing but it is not an end. The time will come that bitcoin will increase again because not all the time that we are lucky so that it is part of the bitcoin. Those people who says that bitcoon is dead they do not have believe in the strength of bitcoin.

[yslyv]

yes it is dead. that is why it is still 7000 usd. that is why even in its deepest point of the year it is 5 times more expensive than beginning of last year. bitcoin is still a hidden gem and it is only the beginning. you will be very disappointed if you cash out nowadays.

[Mia-]

Bitcoin will never dead i guess, it says bitcoin dead i think it's just a panic of people just because there is a price reduction on bitcoin than before. And now the bitcoin price starts to rise again. The bitcoin price is indeed fluctuating, but Bitcoin will stay alive i thought. Just calm down and bitcoin will still making fun for us.

[Chandler32]

yes it is dead. that is why it is still 7000 usd. that is why even in its deepest point of the year it is 5 times more expensive than beginning of last year. bitcoin is still a hidden gem and it is only the beginning. you will be very disappointed if you cash out nowadays.

Bitcoin is not dead and will never be as long as it remains secure, decentralized, & so long as people support it. Although there might be a need to be cautious with your holdings especially if you bought Bitcoin at a high price.

[Aptekary]

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?

  Why did you decide that bitcoin was forgotten. In any financial industry, there are some small crises or a decline in prices. No, I do not want to say that the bitcoin crisis has come. After all, the price has fluctuated before, and despite this all those who worked with Bitcoin remained faithful to it and did not regret it. So you need to panic less and just believe in bitcoin. Personally, bitcoin suits me in everything. Of course there are some nuances related to both the price and cashing, but I think that soon everything will be decided, because there are already structures that accept bitcoin as a payment system, and therefore I think that everything will soon be ok.

[mypat3op]

No it's not dead, don't you realize that this is an on going and constant thing.. BTC rises everyone sings and dance, it comes down and everyone begins to panic, check the historical charts past few years it's been following the same trend. Doesn't mean it always will but more than likely it will .

[Hoganye]

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?

No bitcoin is not dead. These days the bitcoin peice keep on Decreasing but it is not an end. The time will come that bitcoin will increase again because not all the time that we are lucky so that it is part of the bitcoin. Those people who says that bitcoon is dead they do not have believe in the strength of bitcoin.

Although this thread created since 2015, but I want to ask you what is the strength of bitcoin here? Blockchain? No, I do not think so. Blockchain split to called as new technology of the world under the name "Blockchain - technology of decentralized system". Therefore, I do not know which thing can helps Bitcoin recover when it dumped too much value like now, just only the whale can do that.

[tonjeng didejeh]

I'm sure bitcoin will not die, bitcoin is a tool to help countries with a bad economy like my country, I also see a lot of people are getting interested in investing in crypto currency so bitcoin will not die

[Morgann]

No bitcoin will never die the price of bitcoin is very normal. Dumping of coin is natural because there are chance that the demand will low. But we need to wait until all investors comeback again to bitcoin. And the price will increase again rapidly.

[Nitnit13]

Of course not ... I'm sure that bitcoin is good, you can even say that a great future, it just takes time, so that bitcoin has already mastered.

[Odelkaleng]

Bitcoin might not die. For anyone to use bitcoin will not die, even that will be developed. Besides, bitcoin has also been used through out the world, and in fact, very many positive comments, not of society, but from large investors as well.

[pinoyden]

Bitcoin might not die. For anyone to use bitcoin will not die, even that will be developed. Besides, bitcoin has also been used through out the world, and in fact, very many positive comments, not of society, but from large investors as well.

it may not but it maybe.  we cant say confidently that bitcoin cannot die because all things in life has also have an ending. im not not an anti bitcoin but i do believe in the saying that "there is no forever" , im afraid that bitcoin could end one day. what if bitcoin is actually a reall bubble? and all of us have been fooled since from the verry beginning? so much money will get lost if that happen.

Thats why im now making a plan by slowly cashing out my gains if ever theres an oppurtunity.

[Ambrosius]

yes I also think if someday bitcoin will die. many use bitcoin for negatives (related with bitcoin as a means of payment) so that it affects the deterioration of bitcoin values ​​and the increasing disappearance of enthusiasts

[vergel24official]

Bitcoin price now is low but it is not mean its dead. Many people who are using it like in mining are earning.

[tamarindbleu]

Bitcoin will never end and bitcoinwill never die because people wants to buy more in the dips so ican predict that bitcoin will increase more in the futute because this is the best technology to transact so fast .

Well bitcoin can really die because nothing is permanent in this world, but right now bitcoin can not die or can not be dead because it is the bet cryptocurrency and a lot of people is will surely not let btcoin die in this world, because bitcoin has so many benefits to help a people.

[greg0rioo]

Bitcoin is not dead and in my opinion, there is no chance or possibility for bitcoin to be dead because you can see its status based on its price because that is one of the easiest way to tell if a digital currency or what we called cryptocurrency is active and have great chance for earning in terms of long term.

[BitPlace]

Bitcoin will never end and bitcoinwill never die because people wants to buy more in the dips so ican predict that bitcoin will increase more in the futute because this is the best technology to transact so fast .

Well bitcoin can really die because nothing is permanent in this world, but right now bitcoin can not die or can not be dead because it is the bet cryptocurrency and a lot of people is will surely not let btcoin die in this world, because bitcoin has so many benefits to help a people.

We cannot say that thing will be die or alive because its depends how you manage or strategize your business.Its depends on how you plan it carefully.We can say that there is a no pernament but we can also says that it can be replace it.We should be think positive.

[alexsandria]

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?

These types of problem are very common. This is just a drought to a lomg fruitful year. If bitcoin surpasses this problems then it would rocket up. You don’t expect something great to have a perfect run. Although medias attention is big its still doesn’t that much. Wait till bitcoin solves all the problem then look at the media again.

[Bondho Kompeni]

There is no strong sign that bitcoin is dead, if the price is fluctuating then it is a common thing because it embraces a decentralized system, today rises $ 500 then tomorrow down $ 1000 it is fair, bitcoin can be said to die if its value is zero.

[Harley29]

Of course not ... I'm sure that bitcoin is good, you can even say that a great future, it just takes time, so that bitcoin has already mastered.

Right bitcoin is now already very high and more and more people are getting to the bitcoin, infect bitcoin is getting more lively than before so bitcoin is not dead but it is very active currency in the market, investors are investing to the bitcoin as they know the real grace of bitcoin that price of bitcoin this year will be the highest price, so it is growing time, saying it dead could be the worst decision ever.