Another year is going to end. Bitcoin isn't dead

usekevin

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Quote from: Sexylizzy2813 on December 30, 2023, 11:04:25 PM

It won't be posible because these set of people have their way of corrupting the next person's mind to believe what they say about Bitcoin. The annoying part is that they already have a very wide knowledge about Bitcoin but they go behind and look for another way of spoiling someone's hard work just to be the one with the best theory.
The understanding you talk about is mutual but not everyone must walk on that straight line, we must have defaulters along the line, Bitcoin will be bigger than we see it today no matter how bad they want it dead.
And let's clearly get this, without these guys who preach of Bitcoin being dead, Bitcoin won't be as strong as it is today.

The bitcoin traders who had the strong believe in the bitcoin will refer their usage of the bitcoin to their friends.Secondly,they only share the bitcoin value to the people had really important about the bitcoin.Because many times we are able to face the same and many will ask why you are marking,but the fact is that the bitcoin doesn’t have marketing and grow as the hidden secrets of the many traders.The bitcoin traders who doesn’t have the same access to the bitcoin at the early 2017,have the complete mind set of the bitcoin will be end soon.But the decade was came to the bitcoin community investment.But still we can able to see the bitcoin survival.

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In that image, it seems to show how popular and recognized Bitcoin is all over the world at this time among business people and wealthy investors.

This is proof that nothing can beat the dominance that Bitcoin has in the crypto business industry. And it just goes to show that Bitcoin is no match for the power of charisma compared to other cryptocurrencies that are on the market's top list.

harapan

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Quote from: SquirrelJulietGarden on December 21, 2023, 10:49:44 PM

A chart means more than any word or long paragraph so let's firstly dive into above chart which was graphed by Jameson Lopp.

He made it with input data from Bitcoin Obituaries.

This summary chart presents a fact that less people wanted to call "Bitcoin is dead" with time. It is an unofficial recognition for survival of Bitcoin.

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.

The future is bright for every bitcoin user.So many researchers have made their conclusions and predictions about bitcoin,
But none of it seeemm to be true.

The acceptance and mass adoption of bitcoin may not be satisfactory because education and awareness has not been completely understood by people.Awareness should be made important as it is fundamental in promoting the adoption and also help to alleviate the misconceptions about cryptourrencies.

Bitcoin is the future,it is happening and people will have no choice but to embrace it!!

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Bitcoin is called the king of all coins. In time the king will reveal his true form.

EarnOnVictor

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A chart might be a good and quick representation of what the information is all about but I do not see the above chart as a true representation of Bitcoin adoption or the live/death relationship. All I see is another means by which people draw whatever comes to their heads without viable statistics to buttress it. As it is now, Bitcoin has been inculcated into the mainstream of the financial market, so it is not dying or going anywhere, it is here to stay and I expect to continue hearing of Bitcoin in the next century. It is the initial times when Bitcoin was created that people can be doubtful of it, but from periods like 2015 onward, I don't think any sensible person should be doubtful of the survival of the asset anymore. What we should be thinking about is the number of new adoptions we have every year, and I know that it will keep on increasing, especially if the next bull run could put us right this time. But I am still worried about the transaction fee, something must be done to it to make it less discouraging.

Sexylizzy2813

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Quote from: someone703 on December 30, 2023, 08:25:17 AM

I'm so sick of hearing people say Bitcoin is dead. It's like hearing that the sky is falling. In fact, the more I hear people say Bitcoin is going to crash, the more I think it's actually going to do well. It's like a tree that grows taller the stronger the wind blows, right?

That's the funny thing about this news, Bitcoin is dead, the more they wish Bitcoin to fall the more they see incredible figure and positive ones at that. If they feel Bitcoin will fall or crash like one of those fake sites then they really need to go back and ask if Bitcoin didn't fall when it was going down in price to almost $10k (if I'm not mistaken) is it now that we have it at $40k+ that it will go down?
Is just normal when some see someone progressing in life there must be a negative vibe to make sure things doesn't go well.

Quote

I don't think we should be so quick to judge. Instead of yelling at each other, why don't we just learn more about Bitcoin? Let's analyze it logically and see what we come up with. If you believe in Bitcoin, great. If you don't, that's fine too. But at least we'll all have a better understanding of what we're talking about.

It won't be posible because these set of people have their way of corrupting the next person's mind to believe what they say about Bitcoin. The annoying part is that they already have a very wide knowledge about Bitcoin but they go behind and look for another way of spoiling someone's hard work just to be the one with the best theory.
The understanding you talk about is mutual but not everyone must walk on that straight line, we must have defaulters along the line, Bitcoin will be bigger than we see it today no matter how bad they want it dead.
And let's clearly get this, without these guys who preach of Bitcoin being dead, Bitcoin won't be as strong as it is today.

bangjoe

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Quote from: someone703 on December 30, 2023, 08:25:17 AM

I'm so sick of hearing people say Bitcoin is dead. It's like hearing that the sky is falling. In fact, the more I hear people say Bitcoin is going to crash, the more I think it's actually going to do well. It's like a tree that grows taller the stronger the wind blows, right?

I don't think we should be so quick to judge. Instead of yelling at each other, why don't we just learn more about Bitcoin? Let's analyze it logically and see what we come up with. If you believe in Bitcoin, great. If you don't, that's fine too. But at least we'll all have a better understanding of what we're talking about.

Yes you are right, like a tree that grows bigger and taller the bigger the wind and even the tornado that hit it and that happened to bitcoin.

But it seems that the more people are aware of the potential of bitcoin today, in fact, there are fewer people who say that, and what I find in the field, the people who say that are on average old players in the financial world, or you can say people who are old today.
ETFs are getting ahead and people are learning more and more about bitcoin, how its potential can provide benefits to people who hold it long enough, for example, people who bought bitcoin at the beginning of this year became very lucky people at the end of this year because they had benefited more than 150%.

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I'm so sick of hearing people say Bitcoin is dead. It's like hearing that the sky is falling. In fact, the more I hear people say Bitcoin is going to crash, the more I think it's actually going to do well. It's like a tree that grows taller the stronger the wind blows, right?

I don't think we should be so quick to judge. Instead of yelling at each other, why don't we just learn more about Bitcoin? Let's analyze it logically and see what we come up with. If you believe in Bitcoin, great. If you don't, that's fine too. But at least we'll all have a better understanding of what we're talking about.

blockman

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The skeptics have another heartbreaking year when they've thought that Bitcoin is about to get dead but then, it's not yet dying. They're going to get old with hatred on their hearts. And no matter how die hard they're going to wait and say that Bitcoin is dead, it has been dead on their minds for hundred times and yet it's becoming stronger every time it is bouncing back after the ATH that it has reached. They have to look at the institutions that have already said it once or twice that they dislike Bitcoin but look, they eventually started to like it and even invested millions of dollars on it. And we're also about to see the possible approval of Bitcoin ETF by this upcoming January 2024.

OrangeII

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in fact bitcoin still attracts a lot of attention today. I think people who say "bitcoin is dead" are people who may have given up on investing in bitcoin, or may have experienced significant losses due to the wrong strategy. Apart from that, I think that every year a lot of people benefit from using bitcoin, and the potential price of bitcoin could even be greater in the future. However, people spreading FUD will definitely still exist. I suggest focusing on the investment strategy that we have created.

Nheer

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Quote from: Dailyscript on December 27, 2023, 05:46:17 PM

Since bitcoin existed it has not come to an end, is it now it is gaining mass global adoption that would make it come to an end? Bitcoin has brought us closer to the future and technology, and many are yet to get the experience.

Bitcoin has gone far way beyond its existence coming to an end, we have seen alot of downside from it in the past and lots of people who awaits the slightest opportunity to criticize it and try to predict bitcoin existence would come to an end but how does bitcoin react to these criticism? I just love it, the way it proves doubters wrong, it always bounces back no matter how deep it falls.

This shows it has the potential of reaching even greater heights in future and people who try to paint bitcoin image bad are only missing out on the benefits bitcoin of adopting bitcoin, they need to understand that bitcoin is not just the baby coin they knew years back it has grown into a global asset which cannot die overnight.

Shishir99

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This thread title and the OP reminded me of a meme Immediately. let me share it first and then I will write something.

We have seen such things a lot of times. Every time Bitcoin goes down, people start saying Bitcoin is dead. Eventually, Bitcoin bounced back. No matter how dip it was. They killed Bitcoin too many times. But still, Bitcoin is the main currency that dominates the crypto market. Another year will come and Bitcoin will be at the top. At least for the next ten years.

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Quote from: Y3shot on December 28, 2023, 03:52:31 PM

Quote from: Natsuu on December 22, 2023, 12:55:01 AM

It’s funny how the bitcoin is dead concept never dies. It’s like every person person who doubts bitcoin continuously fails to convince everyone not to believe in bitcoin. It's a testament to the robustness of the cryptocurrency and the challenges it has overcome.

It is very funny honestly. Sometime ago I was on twitter which I saw an old meme people were saying things about bitcoin that bitcoin is dead. And in the last recent dip that bitcoin went down to the bottom some people concluded then that bitcoin was dead, it is not going to have value again but today see the price of bitcoin. People who say things about bitcoin no nothing about bitcoin, bitcoin will always prove them wrong.

Painting of Bitcoin in a bad light is very common on social media especially when it price dumped and sort of negativity about how billions of dollars was liquidated and that Bitcoin is dead it would never recover etc the same thing happened in the wake of COVID-19 the price of Bitcoin dumped inspite of all those bad writeups, post and comment on Bitcoin it rose against all odds to ATH, Bitcoin has come to stay and with the green light on likely approval by SEC next year and halving of Bitcoin there is a likely massive pump in it price next year more investors would come on board to invest in the most popular cryptocurrency in the world thus stamping it for long term investment friendly asset.

champions

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Since 2017, many people have been talking about Bitcoin, which has created a bad reputation for Bitcoin. Those who invest or have invested love and believe in Bitcoin and will never make a dent. And those who don't like Bitcoin are just giving Bitcoin a bad name. And those who believe in Bitcoin are now succeeding. Bitcoin will rise again in 2021. This means that every time Bitcoin goes up some Bitcoin Rebels create misinformation about Bitcoin.

SquirrelJulietGarden

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Quote from: The Sceptical Chymist on December 29, 2023, 12:36:52 PM

And Christ, I remember all of these proclamations from way back when I registered, so they mean absolutely nothing to me now (if they ever did). That just goes to show you people are really bad at predicting the future, especially when it comes to markets.

We can not predict the market correctly and we are usually bad with our predictions. If we rely on our predictions or even predictions from experts and bet with money, we will lose money with wrong predictions.

After 14 years, Bitcoin now is no longer a baby cryptocurrency and blockchain is no longer a newborn technology. I agree that we can not predict the market precisely but I believe that we can say Bitcoin will less likely die. After 14 years, Bitcoin is stronger now and if it was not dead in 2009, 2010 or 2011 or after the Mt.Gox hack, I see it will not die in future.

The bullish case for Bitcoin.

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Quote from: Odusko on December 27, 2023, 04:34:44 PM

Are those slogans still available, i don't think so because since for a few years now, many of the Bitcoin attackers who sponsor all those hate statements and wrong assumptions of Bitcoin have always been disappointed with the way Bitcoin has kept on moving and also gaining users' trust and usage, this progress can ve saw in the value of Bitcoin.
We all saw how bitcoin has risen in price since the last few months back, a price movement that indicates an increase in usage and adoption of Bitcoin as an asset.

This slogan will continue to exist, because every country will always hate bitcoin and in every way they want to frame bitcoin with bad things, even campaigning for bitcoin to die or the end of bitcoin. but it turns out that until now bitcoin has not died, in fact the price is increasing.

This is because the USD is starting to be dedollarized, if you add more bitcoin it could be even more dangerous for America. It's natural that America is hostile to and wants to kill Bitcoin. Bitcoin was created to be free from regulators, so that there would be no incidents like the case of Russia where its USD reserves could be frozen carelessly by America. So that investor money cannot be frozen or confiscated unilaterally by any government.

Also so that there are no cases where investors' funds just disappear like bank customers who can suddenly disappear up to millions of dollars without a trace. Investors can store their assets in their personal digital wallet (cold wallet) if they want their bitcoins to be safe, not on an exchange. Storing crypto on an exchange is similar to storing money in a bank, it can be misused by the exchange.

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Quote from: Poker Player on December 21, 2023, 11:00:48 PM

It is curious that the peak of that chart is in 2017.

You know what? That was my first thought as well, only because bitcoin was soaring for much of the year and only started its downward slide at the very end of that year. I wouldn't have expected the death of bitcoin to be forecast in a year in which its price was booming. 2018 I can definitely see where the gloom might have set in, but not 2017.

And Christ, I remember all of these proclamations from way back when I registered, so they mean absolutely nothing to me now (if they ever did). That just goes to show you people are really bad at predicting the future, especially when it comes to markets.

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Quote from: goldkingcoiner on December 28, 2023, 04:58:07 PM

I have never really understood people's preemptive panic about being Bitcoin being dead every single time there is a huge ~~dump~~ correction. Sure I can understand the fear and uncertainty that people feel, especially those who are new to Bitcoin, but I still would never assume something just because someone else said it or because I have a "gut feeling".

Without an objective proof, there is no point in saying or believing that Bitcoin is dead. That is to say: there is absolutely nothing that this rumor is based on. (If you can even call it a rumor in the first place...)

Because they are newbies, don't understand how Bitcoin blockchain works and when the network, mempools have problems, dead FUD will be used to make newbies panic sell.

It does not need to have any solid logic behind of "Bitcoin is dead" FUD but newbies are a most vulnerable participants in this market to be affected by FUDs, not only by "Bitcoin is dead" FUD. It is a lowest level of FUD but it usually comes from big names with great influence.

A higher level is at governmental, regulatory level and it will affect not only newbies but people who are in this market for a while and even years. This blockchain industry and cryptocurrency market are very new and super sensitive with new regulatory enforcement.

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Quote from: SquirrelJulietGarden on December 21, 2023, 10:49:44 PM

A chart means more than any word or long paragraph so let's firstly dive into above chart which was graphed by Jameson Lopp.

He made it with input data from Bitcoin Obituaries.

This summary chart presents a fact that less people wanted to call "Bitcoin is dead" with time. It is an unofficial recognition for survival of Bitcoin.

There is another website for "Bitcoin is dead" chart is Buybitcoinworldwide.com but the team behind it stopped updating the chart recent months.

I have never really understood people's preemptive panic about being Bitcoin being dead every single time there is a huge ~~dump~~ correction. Sure I can understand the fear and uncertainty that people feel, especially those who are new to Bitcoin, but I still would never assume something just because someone else said it or because I have a "gut feeling".

Without an objective proof, there is no point in saying or believing that Bitcoin is dead. That is to say: there is absolutely nothing that this rumor is based on. (If you can even call it a rumor in the first place...)

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Quote from: Mate2237 on December 22, 2023, 10:02:56 AM

Those who don't understand Bitcoin will like to destroy the coin but the decentralized nature of the technology keeps it outstanding stronger. And those what Bitcoin to be dead is happy whenever happened to Bitcoin but since Bitcoin can't be harm and the coin is growing day by day and they can't do anything to destroy it so they have to give up. And anyone who want your dead must plan evil against you. And there is no way those people are not planning evil against you. But karma and nemesis is always on the way to them.

The chart shows that Bitcoin was predicted to die this year but seeing Bitcoin growing stronger this year, made them to stop updating their chart and who knows they are investing in Bitcoin.

Bitcoin is here to stay and is not going anywhere, since its invention since 2009 its has strive to become one of the most valuable asset to own. Bitcoin is indeed growing. Don't look at the price, as that is not indicative of the growth or lack-thereof. Bitcoin cannot die unless miners are no longer incentivised to mine Bitcoin and all peers in the network are shut down. When no new transactions are written to the network, it will mean that Bitcoin has died.
It's not just bitcoin. The issue is that the global banking and payments system is fundamentally broken. Bitcoin is merely one part of general set of financial technologies that will reshape the banking system. People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded. Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

Topic: Another year is going to end. Bitcoin isn't dead (Read 933 times)