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Topic: Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes - page 2. (Read 258 times)

legendary
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That may change after today.  Grin They like to hype the negative.
hero member
Activity: 1064
Merit: 843
Those journalists wrote their articles Bitcoin is dead is pretty similar when Bitcoin crash around 85% on 2018 from it's previous 2017 ATH, but Bitcoin isn't dead and it can steady recovered and keep making new ATH until it reach $69K at the highest milestones Bitcoin price. Now after Bitcoin drop 50% and few countries already accept Bitcoin as a legal tender, did anyone still think Bitcoin will become dead coin? If you said yes, then you'd better to start learn about Bitcoin.
legendary
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Crypto Swap Exchange
Interestingly amidst the current bearish market environment, the number of times Bitcoin has been declared ‘dead’ so far in the first half of 2022 stands at 12.
In point of fact, this represents a 52% reduction in the number of times the flagship digital currency was declared dead when compared with H1 2021, which totaled 25 times, according to data from 99Bitcoins, the cryptocurrency’s official obituary.
It's a bit weird seeing whoever is responsible for making that evaluation, couldn't wait 22 more days to have a bit more accurate stats for the first half of this year, but having said that, it seems that it only takes into account contents that are written in English [in other words, we should take that "52% less" part with a grain of salt]!
legendary
Activity: 3668
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Looking for campaign manager? Contact icopress!
Interestingly amidst the current bearish market environment, the number of times Bitcoin has been declared ‘dead’ so far in the first half of 2022 stands at 12.

I'm not sure how accurate this can be, there are literally too many places/mediums people may express such opinions, however, I guess that on the average it can't be that far from the truth.
Even more, nowadays some started thinking whether Bitcoin is or isn't too big to fall.

Fun to think where we got to evolve, and rather quick actually...
full member
Activity: 1386
Merit: 116
The cryptocurrency market has turned green once again after weeks of volatile price movement, with Bitcoin (BTC) leading the recovery effort by showing, for now, at least indications of stabilizing above the crucial $30,000 price barrier.
Interestingly amidst the current bearish market environment, the number of times Bitcoin has been declared ‘dead’ so far in the first half of 2022 stands at 12.
In point of fact, this represents a 52% reduction in the number of times the flagship digital currency was declared dead when compared with H1 2021, which totaled 25 times, according to data from 99Bitcoins, the cryptocurrency’s official obituary.
Despite the fact on May 17, the Crypto Fear & Greed Index, which serves as a cross-market sentiment gauge, hit a score of 8 out of 100, its lowest value since March 2020, during the period around the coronavirus pandemic inspired a market meltdown.


Source: https://finbold.com/bitcoin-declared-dead-52-less-in-2022-despite-bear-market-vibes/
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