Another year is going to end. Bitcoin isn't dead - page 7.

SquirrelJulietGarden

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Quote from: adaseb on December 22, 2023, 12:34:12 AM

Yeah I remember how the year ended last year after Ftx went belly up. It was brutal. So many people had funds stuck on that exchange. So many people trusted SBF for some reason. For some it was that he drove the Toyota and said that he will donate all his money. Many fell for his lies.

It's bad for people who trusted SBF and FTX exchange, stored their cryptocurrency on that exchange and failed to withdraw their coins. It's painful lesson for them but they have to move on, find other opportunities in this market. They also have to learn from their painful lessons and avoid repeating it again.

Reminder: do not keep your money in online accounts

If they did not store coins on FTX exchange, and just hodl their coins in non custodial wallets, they are good now.

Quote from: ?? on ??

I was among those who were affected by this type of news

Less exposure to social media, news will help you to have less panic, uncontrollable emotion and bad decisions.

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But thanks to knowledge

Knowledge then experience do help you to go through similar fud or black swan events in future.

If you were affected by it, you will now from now, you must store your bitcoin in non custodial wallets, not on centralized exchanges.

_act_

legendary

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Lightning network is good with small amount of BTC

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 will never die but the people that calls it that will reduce. There see just some people that do not bother to speculate on the existence of bitcoin but prefer to just call it dead at all time. In the year 2023, as positive as it was, some people still saying such stupid words. They can continue to call bitcoin that, but all-time-high is coming which is what that matters to me and people that hold bitcoin.

Kakmakr

legendary

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Leading Crypto Sports Betting & Casino Platform

Well, it might be that the competitors and shills received the message that social media FUD are not very affective any more. People do not trust everything that are posted online and they cross check the facts now.

There are also a lot of Bitcoin supporters that are monitoring the FUD that are posted and they are posting counter arguments to destroy the integrity of these shills.😜😜😜

Natsuu

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★Bitvest.io★ Play Plinko or Invest!

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.

adaseb

legendary

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Merit: 1723

Yeah I remember how the year ended last year after Ftx went belly up. It was brutal. So many people had funds stuck on that exchange. So many people trusted SBF for some reason. For some it was that he drove the Toyota and said that he will donate all his money. Many fell for his lies.

Even those who didn’t have any funds on his exchange were hurt due to the horrible crypto prices at the time. Look at SOL price or BTC last year. It looked like we would crash below the $15k and head down to 4 digit bitcoins.

Poker Player

legendary

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It is curious that the peak of that chart is in 2017. I think that was the height of the blocksize wars, with the hard forks of shitcoin cash and others, aside from the danger of flippening that there was with Eth eating into Bitcoin. But we see after the years that the danger passed and Bitcoin continued to be declared dead without anything really happening.

Looking at the downward trend, if next year we enter the bull market as expected, the death of Bitcoin will hardly be announced.

SquirrelJulietGarden

hero member

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Merit: 775

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.

Topic: Another year is going to end. Bitcoin isn't dead - page 7. (Read 933 times)