Are we gradually approaching towards the end of Bitcoin? - page 2.

theCommittalist

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Quote from: btc78 on July 19, 2022, 11:04:49 PM

Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

we are gradually approaching to another hyping and will soon reach another ATH Grin

https://coinmarketcap.com/

yeah there are a continues dropping happens recently , but nowadays ? bitcoin is impressing investors by moving high for the last 3 days .
so maybe there are another good thing to expect in the next few weeks or months .

Whoop whoop Grin

btc78

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Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

we are gradually approaching to another hyping and will soon reach another ATH Grin

https://coinmarketcap.com/

yeah there are a continues dropping happens recently , but nowadays ? bitcoin is impressing investors by moving high for the last 3 days .
so maybe there are another good thing to expect in the next few weeks or months .

DOPECOINRULES

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Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

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Abiky

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Quote from: carlfebz2 on July 18, 2022, 04:34:32 PM

Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.

Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.

Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.

The constant ups and downs in price are largely attributed to the small size of the crypto market (low liquidity) and lack of regulations. This has been something normal ever since Bitcoin was first listed on an exchange around a decade ago. People are just saying "Bitcoin is dead" because of the market prices going all the way down the drain at a very fast pace. They think Bitcoin is all about money, when in fact, it's more than that. It's a movement, a revolution meant to change our world for the better. I'd focus more on the technology than just relying on it as an investment.

One thing for sure is that it'll never be the end of Bitcoin because of the way it was designed. There are thousands of nodes and miners spread across the globe supporting the Blockchain in every way. For Bitcoin to die, either Quantum computers "crack" the Blockchain or all nodes stop supporting the network altogether. I don't see this happening anytime soon as Bitcoin grows stronger everyday. What we're seeing now, it's just something temporary that will slowly fade away once the hype is revived again. What matters is decentralization above all else. As long as this is prioritized, Bitcoin will last a lifetime. Just my opinion

dunfida

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Quote from: Rigon on July 19, 2022, 07:37:01 PM

Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Bitcoin never ends. Bitcoin will never end even if there is a lot of pressure from above and even if various governments ban its use, someone will grab it and use it.Because Bitcoin is now very popular all over the world and every country has Bitcoin transactions. I believe this bitcoin is never going to end and never will.

You do have the point but we know that things cant last forever thats why risk management is a must thing to be considered once you do step your foot into crypto investment.
We've been here already on a decade and we've seen lots of criticisms and bans and prohibitions about bitcoin or been thrown into even though it does have lots of crashes happen but
still turns out to recover no matter what and that surely indicates that there are indeed a strong support for this one and its evident on just simply seeing on where it do sits on this crypto
space which had been sitting around rank 1 or over the top since from the start of this market.

Rigon

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Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Bitcoin never ends. Bitcoin will never end even if there is a lot of pressure from above and even if various governments ban its use, someone will grab it and use it.Because Bitcoin is now very popular all over the world and every country has Bitcoin transactions. I believe this bitcoin is never going to end and never will.

adzino

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You know it is time to invest as much as you can, when you see people start saying that it is the end of bitcoin. You would be super rich by now. Have you seen how many times "those media and experts" said bitcoin is going to die "soon" when the price crashes?
Well, look at the price now. It is no longer below $18,000 (when you made the post). If you had invested when you created this thread, you would have made some nice sweet profits by now!

Doan9269

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Quote from: freedomgo on July 18, 2022, 05:13:47 PM

Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. Bitcoin has never survived its existence for a decade combatting all the negative attacks if it will only fall as easy as this. Of course, we can always expect for a price crash if the market is in deep bearish, but once it starts to recover, then bitcoin will also start to show its progress and price starts to skyrocket too.

Alot needed to be understood well about bitcoin price that not all the time it run dil create fear of missing out, bitcoin usually goes volatile just to give room for more investors and to make profit on a short or long time period, what people says about bitcoin tends not to be the real reality in it, they only say that to discourage users from investing more on bitcoin, either rising or falling bitcoin is progressing which many don't know.

cr1776

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If anything we are approaching the end of Celsius and their ilk. It has been like a broken record for 12 years now: if you don't control the keys, you don't own the coins, you are just a creditor. Anyone promising huge returns is taking huge risks and if they tell you otherwise they are lying.

In 2022 it is just a bit slicker than it was in 2010-2018 or whatever. It is the same garbage though and still no one has learned about the risks you take when you don't own your coins and 'lend' them (unsecured no less) to other people.

Same advice as before: Stay in bitcoin, don't keep your coins on an exchange, don't lend them out etc. If you must exchange for fiat, transfer to a reputable exchange and sell right away.

None of this is a reflection on bitcoin, it is reflection on people not using common sense to safeguard their assets. So, no, bitcoin is not ending. And I suspect neither are people taking huge risks with their coins and then later coming to regret it like recently.

suzanne5223

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I keep asking myself this question. Is it that some people never understand the 4years cycle of the crypto market or they don't want accept the fact about it because every season of the crypto market is bearish what we always see is some people asking diverse questions about the market coming to end and for the record every market has its own winter season.
I believe we should alright know this because there's always time to sow and time to reap and the winter season is the time to sow in the crypto market instead of people complaining about the market price or coming to end accumulate as much as you can.

Quote from: freedomgo on July 18, 2022, 05:13:47 PM

Quote from: lionheart78 on July 06, 2022, 08:21:08 AM

Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say. This isn't the first time Bitcoin had a huge crash. Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH. If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.

Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. [snip]

Having said that, the current surge in the price of the market is the normal slight surge the market always experiences during a bearish market but that doesn't mean the bear is over and it a sign that we can see another bottom price.

freedomgo

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Quote from: lionheart78 on July 06, 2022, 08:21:08 AM

Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say. This isn't the first time Bitcoin had a huge crash. Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH. If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.

Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. Bitcoin has never survived its existence for a decade combatting all the negative attacks if it will only fall as easy as this. Of course, we can always expect for a price crash if the market is in deep bearish, but once it starts to recover, then bitcoin will also start to show its progress and price starts to skyrocket too.

carlfebz2

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Quote from: virasisog on July 18, 2022, 02:10:46 PM

The end of Bitcoin won't happen for now. We should know that the market has been through this kind of situation for several years. We've also witnessed how Bitcoin has fallen and struck a good price during the ATH so the current situation isn't enough for us to doubt it again. It's part of the crypto cycle and it's an open opportunity for everyone to accumulate Bitcoin while its price is still cheap. Bitcoin still has a lot to offer us and we only have to be patient.

Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.

Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.

Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.

virasisog

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The end of Bitcoin won't happen for now. We should know that the market has been through this kind of situation for several years. We've also witnessed how Bitcoin has fallen and struck a good price during the ATH so the current situation isn't enough for us to doubt it again. It's part of the crypto cycle and it's an open opportunity for everyone to accumulate Bitcoin while its price is still cheap. Bitcoin still has a lot to offer us and we only have to be patient.

amishmanish

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I think you might have noticed the recent prices of bitcoin. It has shown impressive gains in last 5 days. There is no such thing that bitcoin going weak, Bitcoin is not a share, nor its a currency. Its a technology. It is bound to go up and up

theCommittalist

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No

We are merely witnessing the beginning of Bitcoin

We are not even at the end of the beginning yet

Money has a dark side to do with the fulfilment of desire

Some call it the root of all evil so it runs very deep & is going to be a pain to dig up

Bitcoin will take decades, even centuries to properly establish

This is the currency of the new global state paradigm

The new world order

It is what it is Tongue

DVlog

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Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, we are witnessing the end but not for crypto. Many things will be ended by crypto. The unethical intervention of govt to our economy, one country's currencies sovereignty, force, and unreasonable tax implementation from the govt and many more. This all will be fade away once the whole society adopt decentralized economy.

Right now we are seeing some downside of it but that's normal. Gradually we will overcome this type of problems and the market will be more matured over time.

blue_hurricanger

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Not the end but I do think BTC lose some steam against ETH. This, of course, has been saying among ETH hardcore fans for a while, all 'the flippening' and stuff. But recently, if you look at the chart you will see ETH seems better in the recovery as the whole market back to green. I suspect this is thanks to ETH PoS rally before the mainnet merge in around 2 months. Even if the whole crypto market somehow falls shot, back to bear mode, I think ETH might outperform BTC and slowly encircle BTC and come closer to the 'the flippening'.

Fortify

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Quote from: StanCrypt on June 29, 2022, 03:24:41 PM

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Bitcoin is going to be around for a long time and arguably will never disappear now. At best case scenario it takes back off like a rocket, a way to vastly drop the amount of energy it uses is found and the transaction speed is sped up - making it a real contender against other instant payment platforms out there. Worst case scenario, it loses most of its value and becomes a hollow community, however it will always have a residual price due to the mass following it once caused and the sheer novelty factor is appealing to many. For it to collapse this bad a lot of government bans would have take place or a major security weakness being exploited.

BALIK

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Quote from: Abiky on July 17, 2022, 09:20:23 PM

Quote from: Natalim on July 15, 2022, 09:37:47 AM

Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.

Exactly. Despite the dip in market prices, Bitcoin is still the #1 cryptocurrency in the world. It will never die as long as there are supporters behind it every step of the way. People got it all wrong when they say "Bitcoin is dead". They're just basing themselves on market prices instead of what matters most (which is mainstream adoption/utility). Believe me, there's more to Bitcoin than meets the eye. Sooner or later, prices will rebound because of the cryptocurrency's finite supply. It's simple economics based on the rules of supply and demand. Unless a technology superior than Blockchain comes up, Bitcoin won't be going anywhere soon. Just my thoughts Grin

In the short term, the bitcoin price will also be affected somewhat by the shitcoin crash, which panics investors leading to panic selling, but it certainly won't last and bitcoin will recover.

Bitcoin is exempt, no matter what the market gets worse for whatever reason bitcoin will be affected but only in the short term. In the long run, nothing can stop bitcoin from rising again, bitcoin collapses only when we no longer support it, no longer needed. But there's no way we're giving it up, people are scrambling to own it.

Abiky

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Quote from: Natalim on July 15, 2022, 09:37:47 AM

Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.

Exactly. Despite the dip in market prices, Bitcoin is still the #1 cryptocurrency in the world. It will never die as long as there are supporters behind it every step of the way. People got it all wrong when they say "Bitcoin is dead". They're just basing themselves on market prices instead of what matters most (which is mainstream adoption/utility). Believe me, there's more to Bitcoin than meets the eye. Sooner or later, prices will rebound because of the cryptocurrency's finite supply. It's simple economics based on the rules of supply and demand. Unless a technology superior than Blockchain comes up, Bitcoin won't be going anywhere soon. Just my thoughts Grin

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