Topic: 52 Times Bitcoin Died 2010 - 2018 (infographic) (Read 535 times)
Yes bitcoin has fallen from time to time and risen from its ashes everytime. Whenever it has gone down it has gone to a new high every single time. Right now bitcoin is still in the same zone and it will, again rise to a new all time high.
Number 34. Bitcoin May Not Survive, But The Technology Behind it Will Live on. I really agree with the statement, but after seeing the power of bitcoin at the moment I think bitcoin will also live for a long time.
It turns out bitcoin has gone through a long period of falling and rising. But with this very big price I think bitcoin will not fall below $ 4500.
with a very high price and enthusiasm of people for bitcoin, bitcoin will survive even though many countries ban bitcoin and in the end bitcoin will be accepted even though the possibility to replace the daily currency takes a long time, I believe in the future we will return to silver and gold as a transaction tool.
It turns out bitcoin has gone through a long period of falling and rising. But with this very big price I think bitcoin will not fall below $ 4500.
with a very high price and enthusiasm of people for bitcoin, bitcoin will survive even though many countries ban bitcoin and in the end bitcoin will be accepted even though the possibility to replace the daily currency takes a long time, I believe in the future we will return to silver and gold as a transaction tool.
I think that over time, in 5 years time, we will see that bitcoin died not 52 times but 152 times, the fact is that the main task of such news is to encourage people to do this or that, in this case the crowd is being pushed to sell their BTC by deshovoy price, respectively, when the price of the news goes up, the news will speak about urgently buying it at a high price, as it will grow even more. This is the usual market policy.
this mean that btc pretend to die but nobody kills it.
This times, there are still too many people who believe and use Bitcoin, Bitcoin and altcoin can discount but can not die, Blockchain technology is a great technology!
You are right, bitcoin will continue to live and there will be more investors to come very soon, we just really need to keep waiting and keep hoping that all will return again like what happened before.
This times, there are still too many people who believe and use Bitcoin, Bitcoin and altcoin can discount but can not die, Blockchain technology is a great technology!
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
Maybe some will say that bitcoin is dead because their experience with is not good. While some are just sour graping. But whatever is their purpose of making FUDs, bitcoin is still and will still be strong.Sorry couldn't paste it here because don't have enough "karma"...
That's also what i think here. Those that lost a lot of money are probably the ones that are most into spreading panic and wanting btc to ultimately crash to justify their losses. And of course there are also these whales that high holders wanting to pull the value down to make the most profit.
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
Sorry couldn't paste it here because don't have enough "karma"...
I can only confirm this infographic and the topic. So many times I've had to read that Bitcoin is dead and it's over. It's getting really boring. Bitcoin is still alive and getting bigger and better known and this will certainly continue for the next few years. But I'm sure we'll continue to hear people say Bitcoin is dead. We will certainly get the 100 Bitcoin deaths full in the next few years.
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
Maybe some will say that bitcoin is dead because their experience with is not good. While some are just sour graping. But whatever is their purpose of making FUDs, bitcoin is still and will still be strong. Sorry couldn't paste it here because don't have enough "karma"...
There are many times a year that Bitcoin is getting stronger and stronger with constant skepticism, and we have reason to believe that this time, too, I think there will be a revision by the end of the year.
Wow very nice sharing! Thanks man!
Hope this is still true in the future LOL. I need to see a green market with higher price of BTC! Good luck everybody
Hope this is still true in the future LOL. I need to see a green market with higher price of BTC! Good luck everybody
The news articles about btc is just click-bait, the news webpages are writing news what people like.
And people like to hear that btc is dead because it makes feel them better of them self's. This causes some FUD but it is nothing out of the ordinary.
And people like to hear that btc is dead because it makes feel them better of them self's. This causes some FUD but it is nothing out of the ordinary.
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
Sorry couldn't paste it here because don't have enough "karma"...
there is no need to use the world died. It dropped in price, that's absolutely inevitable with all the assets, but it didn't die. It would mean that it wouldn't go further form there
Another 3 deaths and we will celebrate the anniversary)) It's certainly funny and sad at the same time)) People are constantly panicking)
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
It seems that bitcoin is quite healthy, if he has been dead so many times and it is still alive, I can say that every upcoming scary news can be neglected, knowing how many times they would try to kill it already. Sorry couldn't paste it here because don't have enough "karma"...
nah, the doomsday articles always come out at key entry points when the whales want to make an entrance in the market. for example if you check out the above link there has been 125 articles only in 2017 which is the most ones and we had a big rise then. of course it is also increasing with the popularity of bitcoin and as it increases the fear in the hearts of banking cartel who don't want to see bitcoin grow.
I looked a bit at the Obituaries website, and I came to a different conclusion.My guess is that those outlets have an audience which has - in its majority - negative opinions about Bitcoin (e.g. bankers which think cryptocurrency is a "joke" or a danger for their business model). So they publish an article just when a dip occurs - so this part of the audience clicks on it and is happy that "they were right". Again: Click -> Attention -> Profit.
There may be manipulation of media by whales, but I don't think this occurs in big outlets very often. I think our beloved (sort of ...) "cryptocurrency media" is much more vulnerable to these manipulations, although more by (mostly altcoin) bulls than by bears.
Hmm, interesting infographic, thanks for share...
Haters Gonna Hate
Bitcoin will stand and never die because many people around the world still believe in the power of Bitcoin...
No matter how much Bitcoin falls because of FUD, Bitcoin will rise again and again...
Haters Gonna Hate
Bitcoin will stand and never die because many people around the world still believe in the power of Bitcoin...
No matter how much Bitcoin falls because of FUD, Bitcoin will rise again and again...
Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles.
nah, the doomsday articles always come out at key entry points when the whales want to make an entrance in the market. for example if you check out the above link there has been 125 articles only in 2017 which is the most ones and we had a big rise then. of course it is also increasing with the popularity of bitcoin and as it increases the fear in the hearts of banking cartel who don't want to see bitcoin grow.Most "Bitcoin is dead" articles in 2017 were recorded in December, when even the most permabullish Bitcoin fan should have recognized that the price was "overheating" a bit. 10 of them came after the peak (Dec 20). And in 2018, we have already more Obituaries per month than in 2017.
So the "obituary peak" seems to be co-related with high prices. More precisely, most of these articles are written in the last part of the bull cycle and the first part of the bear cycle. This is also the point public attention for Bitcoin is at its peak.
High price periods are not "whale entry points". Instead, these articles pop up as a result of a very natural process:
- Media see that a topic (in this case, Bitcoin) has grown strongly in popular attention
- They know that a controversial article about this topic will give them clicks and shares (=attention and income)
- So they write a "Bitcoin is dead" article.
It's basically the way sensationalist journalism works. Nothing new here
(There is one year escaping from this trend: 2015. It was the beginning of the last bull cycle, but I guess it was also the point where real sentiment in the Bitcoin community was most bearish.)
"entry" doesn't happen just once. whales are constantly going in and out to make profit in short term also and when bitcoin swings big time they make the most profit. examples:
Forbes 2017-12-28[1] and Bloomberg 2017-12-27 price is on the downtrend and in 2 days following these artilces the price goes down to $12000 before rising back up to $17200 (43% profit in a week).
bitcoin is on downtrend from $16700 to $13000 from 2017-12-7 to 11 and Washington Post[3] Bloomberg[4] The Telegraph[5] publish the obituary before price rises up to $20k (53% in 10 days)
another major downtrend during September from $4900 to $2900. during which time CNBC[6] CNBC (Jamie Dimon FUD)[7] Forbes[8],... spread FUD, just before price starts rising back up again and reaches $6000 (106% in 2 weeks)
.... and a lot more. these 3 specific sites (Forbes, Bloomberg and CNBC) at least have always been on point with publishing in the dips before the shoot up in most cases.
but I agree that with the fact that when bitcoin is overheating they also publish a lot of crap for attention and click baits.
[1] https://www.forbes.com/sites/jayadkisson/2017/12/28/the-great-bitcoin-scam/#70a7afb15c1e
[2] https://www.bloomberg.com/view/articles/2017-12-27/bitcoin-is-an-implausible-currency
[3] https://www.washingtonpost.com/news/monkey-cage/wp/2017/12/11/why-bitcoins-success-could-be-its-downfall/?utm_term=.9ab38bcc5e2b
[4] https://www.bloomberg.com/news/articles/2017-12-11/bitcoin-has-no-intrinsic-value-brookfield-ceo-flatt-says
[5] http://www.telegraph.co.uk/technology/2017/12/08/new-gold-bitcoin-like-beanie-baby-bubble/
[6] https://www.cnbc.com/2017/09/13/bitcoin-is-in-a-bubble-and-heres-how-its-going-to-crash-ron-insana.html
[7] https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
[8] https://www.forbes.com/sites/panosmourdoukoutas/2017/09/09/why-china-crushed-bitcoin
Here's an infographic that shows 52 ways Bitcoin died in 2010 – 2018. Funnily it seems that the same news and doomsday talks seem to continue from year to year and Bitcoin just goes on. And also, when the course dips, more and more these articles pop up. When the course is going up, there seems to be not so much doomsday articles. Anyway here it is:
Sorry couldn't paste it here because don't have enough "karma"...
Haha! This only shows how much haters Bitcoin has! Something I really don't understand. Well, we all have our own opinions about everything, and these Bitcoin haters certainly have their own. If you'll think about it, Bitcoin would be a zombie coin for the number of times it has been put to death! Hhmmm...Zombie coin, has a good ring to it. 😉 Sorry couldn't paste it here because don't have enough "karma"...
yes bitcoin is dead and therefore I advise you to invest in new crypto projects like Socratus
How did you say that bitcoin is dead? There are still a lot of demand and there is still a circulating supply in the market. And even it will not become zero in value because after it falls many times bitcoin always rise.
Jump to: