Topic: Another year is going to end. Bitcoin isn't dead - page 4. (Read 933 times)

Banks hardly accept the fact that someday, people will no longer use banks to store their money which leads to thinking that Bitcoin is a big threat to their business. But Paypal sees some opportunity over crypto making them decide to support it instead of being against the flow. But banks can't stop people from seeing Bitcoin as a great opportunity. It wasn't just for investment purposes but can serve as a payment option in many countries in the future. It wasn't just today nor did the adoption go instant but sooner, we just find out that more people build confidence with Bitcoin for two reasons - as an investment and as currency.

Naysayers are widespread in investing, especially with volatile Bitcoin. They typically use historical market disasters to predict doom. Yes, their scepticism might be cautious, but it can also be cynical. Bitcoin's resiliency, especially post-2017, is impressive. Not chance, but its inherent value and increased faith in digital assets explain its recovery.

Any investment involves market fluctuations. Bitcoin is a pioneering technology in a developing economy, not a bubble. That it's survived 15 years undermines the bubble theory. Not immune to volatility, but what emergent technology is?

Their critique is sometimes valid but sometimes simplistic. It misses Bitcoin's investment diversification potential and global appeal. Lets address their fears with informed optimism and a realistic grasp of Bitcoin's place in modern finance.

It may be 'convenient' for U.S. citizens who already have a paypal account to use it to buy or sell BTC, but we must understand that paypal should not be used as a BTC wallet for holding BTC's, it is also not a cryptocurrency exchange. If you use paypal as your BTC wallet, you would not have custody of your coins, and not your keys is not your coins. So i would not consider this to be a 'great achievement'.

The thing with those people is that whenever there's a market crash, you'll see them boasting about how correct they were about Bitcoin's future. Even if the market is booming, they'll just claim that it'll eventually burst. I can't find too many reasons for this. It's fine if you don't support it; I don't expect people to have the same preferences, but don't be a pain in the ass trying to correct everyone else; it is purely annoying and not contributing anywhere. It has already been proven that even after its so-called deaths, especially in 2017, which was quite disappointing, it recovers. It's been around for approximately 15 years; you cannot claim that it's a bubble awaiting to burst at this point because it doesn't make sense; it would have happened by now; it's not a ponzi.

As for our children, I admit that until we grow old, they will also have opinions different from ours. In our time, technological progress is developing very rapidly and what is normal for us now may be outdated for our children in the future.

It is very difficult to say what will happen to Bitcoin in 10 years or 30 years, even Sailor says, that Bitcoin will either drop to zero or soar to a million, that is, even such a devoted adherent does not know exactly what awaits us in the future, so I I’m trying not to look too much into the future, so far Bitcoin is doing great, and that’s enough for me.

It will never die because there is a massive awareness globally about digital encrypted algorithm. growth, civilisation, and modernisation should be the core value.

"You are right about banks still hate bitcoins for obvious reason. but it is not same for Paypal anymore. Paypal has accepted the reality and now supports bitcoin and several other cryptocurrencies. which is really a great achievement for Crypto community.
Paypal Cryptocurrency FAQs
and
Buy and Sell Cryptocurrency | Paypal

Bitcoin's mass adoption is the reason why Bitcoin Obituaries are reducing year by year. "

Because they're adults that have belief that has already have a strong foundation and bitcoin challenges those beliefs so they end up with the closest conclusion that they can get out of bitcoin, that it's a fad that would die anytime soon, just like all the other fads that they've witnessed before, they bunch bitcoin with those and as much as I despise that idea that there's still a mindset like that existing even at this day and age where we're surrounded by high tech stuff that was only a dream back in the 90s, I can't blame them. You don't really want to change your mind if you're unsure of something so they're just being a normal people doing stuff like this, maybe if we teach our kids and other people to have an open mind, maybe we can see the slow demise of these people that you're talking about.

Ha ha. right, great tagline.


Only those with less advanced thinking always say that BTC will soon go away. I met a number of people and businesses who wanted help learning and making transactions in the bitcoin field.

It's not too much of a hassle I think as Users don't need to buy Bitcoin in its entirety and can buy a small percentage that matches the value of their cash investment. Otherwise they wouldn't care about it and the fact that even now there are still people who have managed to make a living with bitcoin is that not enough to see and pay attention to.

I don’t know why there are so many people still hoping and praying for bitcoin to die as time passes by. Bitcoin has shown a lot of resistance that it cannot be tempered with and a very clear and transparent roadmap for everyone to see its doggedness. Why then hate on a technology that will provide total freedom to your financial holdings? People think differently but in this case, they make me laugh at them. While I take a sip of tea, let’s see what the next biggest doubters will say about bitcoin again.

Bitcoin is a digital assets technology that is anonymously and individually on its peak to tackle the biased the economical systems is presented while it is envied by other related digital marketing asset's has has being in a collective measures to tanish the image of the great intergitfied Bitcoin but because Bitcoins vitality either at its volatilities of depreciations or appreciations is always considered as a period of time to offer increase of profitabilities at when the price is high while at when the price is lower is paving the expectants individuals who perceives the potentials of Bitcoin and hope to embrace the mighty bitcoins industry at its average value with the rate of affordable capital that is appreciable to acquire a minimum fractions of Bitcoins.

Generally, the potentialities of Bitcoin has become a major threats to other digital assetral sectors become Bitcoin has existed to maintain an amiable potentials which other assets craves of bringing its existence down.

Bitcoins potentials is highily volatile to offers its investors with appreciable volatile confidentialities which has dominated over the prior of digital Investors with its anti agents streaming to bringing it to a failure volume but the nature of Bitcoin would always not be the wills of man whom are against the intentional inventions of the great Bitcoin.

Bitcoin continues a strong resurgence as another year comes to a close. Given Bitcoin's ability to bounce back and adapt in the face of pressure, mass adoption isn't likely to kill it anytime soon. Its decentralized nature and growing support from influential individuals and institutions have strengthened its position in the global financial system. Despite skepticism and opposition from traditional financial institutions, Bitcoin continues to grow in popularity and value. I think there is not much time left for Bitcoin to become a proper and permanent form of digital currency in the world for the foreseeable future.

let them advocate because in the end ? they will still feel stupidity about their actions .
government cannot control bitcoin so what can we expect from thme? they want to control everything in the world lol.
where are those people that called bitcoin to be dead or dying? as the years moving they are also gone .

If someone spreads that bitcoin will die, the bitcoin bubble will burst...if this happened years ago, we can argue with them. But now, bitcoin is almost universally accepted and the approval of ETFs is only a matter of time, and if someone is still propagating nonsense like bitcoin will die then we should not waste time to argue with such retarded people. Don't waste our time on those useless things.

Up to now, it can be said that bitcoin is inevitable, and what we need to do and care about most at this time is: How much bitcoin can we own before it becomes more valuable? Buying bitcoin is gradually becoming more difficult as its price increases with no end in sight.

You missed it.
Jameson Lopp used data from Bitcoin Obituraries website for the chart.

That website allows you to submit any Bitcoin obituary but they have criteria to accept it.

Submit: https://99bitcoins.com/bitcoin-obituaries/#submit
What qualify as an obituary? https://99bitcoins.com/bitcoin-obituaries/

Bitcoin has been claimed dead a lot of times. But look at it now, it receives even more recognition from people all over the world, that's why as time goes by, people have become more inclined to understand and appreciate bitcoin because the main concept of bitcoin deserves to be appreciated as well.

However, based on the graph, year 2017 has made bitcoin totally surged, and that's when the time that bitcoin and altcoins are both profitable and are very promising to invest. But as years go by, bitcoin only survived and the more bitcoin stays longer in the market, the higher the chances that people will likely to acknowledge that bitcoin isn't dead and will never be considered dead as long as it remains the king of crypto in the market.

Absolutely, charts can speak volumes, especially in the crypto world. Jameson Lopp's work with the Bitcoin Obituaries data is a great example. It's fascinating how these charts show the change in sentiment over time, like a visual story of Bitcoin's resilience.

That declining trend in the "Bitcoin is dead" narrative really does feel like an unofficial nod to Bitcoin's staying power. It's like the more it survives the ups and downs, the more people start to believe in its longevity.

It's a bummer to hear Buybitcoinworldwide.com isn't updating their chart anymore. Those resources are super helpful for getting a quick visual pulse on market sentiment. But hey, maybe someone else will pick up the slack, or new ways of tracking these sentiments will pop up. In the fast-moving crypto space, there's always something new around the corner! 📊🚀💪📈

Yeah! I think they're missing the big picture.  Bitcoin has had its ups and downs over the years, but it just keeps sticking around, and getting more popular to boot.  Sure, it's not perfect but what new technology is?  I don't think all the FUD is gonna make bitcoin go away at this point.  Heck, it feels like the more folks trash talk it the stronger it gets.  Who knows, maybe the FUDers will come around one day and see that this whole decentralized money thing aint so bad after all.  But even if they don't, I don't see Bitcoin dying off any time soon and  it's got too much momentum now.

The way I see it, digital currency is the future - FUDers be darned!

where did warren buffet or his friends go who once said bitcoin was just a bubble that would die and pop eventually lol. Until now there are no signs that Bitcoin will die, in fact every year there are many new people who enter Bitcoin, currently there are millions of people in the world who know Bitcoin. I also see that enthusiasm for bitcoin continues to increase and it is even predicted that more and more countries will start to use bitcoin as their protective currency, bitcoin to $1 million is possible but bitcoin to $0 is impossible.

One thing that is also depicted in this graph is how every "bitcoin/crypto is dead" coincides with large issues in the industry. 2017 we first experienced one of the worst crashes in the bitcoin network and crypto itself. 2020 was a little surprising since it was one of bitcoin's lowest price points in its history, but that's probably because everyone's so caught up with the global pandemic that people forgot to bother calling bitcoin dead or whatever lol. It quickly caught up on 2021 though, as despite the fact that it was when bitcoin experienced its 60k ATH price people were still so quick to say that bitcoin is dead.

People who think crypto is dead will continue to think that it is dead regardless of the true market situation that bitcoin is in, if people aren't able to enjoy the bounce in crypto valuation they'd automatically think that it was right they didn't invest on a dying industry. That is until FOMO comes up and they actually start losing money from investing on a cyclical investment venture about to be done with its cycle.