Topic: Bitcoin ‘Died’ 90 Times In 2018 (Read 474 times)

It all depends on what side of the road you stand. If you thought to become rich in 2018, which applies to most people, then 2018 was a pretty destructive year for your "investment" in terms of its fiat value.

If you know how to play this market, mainly because of what you have gone through in the previous years, 2018 was an amazing year for you, because you had the opportunity to buy back your coins at way lower levels.

The good thing is that you can learn from what happened last year if you got burned, and use it in your advantage during and after the next bull run, because remember, the price always tanks after pumps of that magnitude.

Bah, don't think it will ever be the case.

I mean what could possibly be the point of BTC in real life?
Paying for daily things? Thanks we do that already with fiat and it's just perfect.

Bitcoin is here to store value, gamble, trade, exchange value anonymously or by large distance.
That's all, and that's pretty impressive already.
There is no need to find something else, for me it's enough as a use case.

people will always have different opinions, this is normal. Bitcoin is not dead but it has many challenges to overcome and the greatest challenge is to have utility in the real world, to leave the online world to be in the real world as a means of payment, we can not be happy just because we are selling and buying in a exchange or staying limited in the online world.

There's just one simple statement for such articles:
"It doesn't really cost these news websites more than $50-100 (maybe $500 if too much reputed and a PR) to make their writers present such piquant and peppery articles which influence their subscribers to an extent that they don't even think before selling their diamond-like precious asset (BTC) for the price of peanuts."

Speculators can said whatever they want but I believe that bitcoin is going to remain with us. Remember that in some years past many speculators has said the samething and bitcoin is still alive and kicking!  The beauty of the whole thing is that this do affects the market and sometimes the weak hand sell out of panic and that do bring the price down for new or professionals investors to be able to buy cheap.
2018, was a bad year and that is why many posts come out in saying bitcoin is death but I do believe that this year 2019, is a great year and bitcoin is going to surge Very  high.  Investing at this moment is the right thing to do in other to be able to make serious profits at the end of this year.

I wonder if with deep research on the rate of these articles showing up one could extrapolate data to see how close capitulation is. From what I've looked, the average of these articles isn't telling me much about the beginning or end of bear markets.

My favorite capitulation signal is still when we see some big name becoming frustrated with Bitcoin, triggering a dump. The most obvious one is Mike Hearn saying bitcoin was dead and dumping, that's when we definitely bottomed, and then we went to $20k months after.

The good thing is that, we already survive after hitting the bottom and bitcoin is too good that haters will keep on hating. Many thoughts in the market during bear market, many says its dying many still believe that is just a correction which is normal in any market. Even if bitcoin died 100 times, I will still buy more of it especially when the price is cheap, no one can stop real investors from buying bitcoin, because this is the future.

The google searches going above Donald trump are the ones we should be interested in, it shows that there will be new blood when they have spare money spend. People need to invest in something that can go up 10x and that of course is bitcoin

We cant help people sharing their thoughts about everything, but as long as bitcoin is existing, i will still continue to invest in it. Its natural to doubt things that looks hopeless like bitcoin crashing on $4000 but i believe that it will soon recover like any other market existing. Its natural and theres no need to worry.

I for one don't want us to return to 2017 highs because that will mean we're in the middle of another big bubble. As for BTC dying, people were probably more likely to write about it in 2017 just because there was a lot more being written about bitcoin then. If you could analyze the amount of articles/tweets etc and calculate the ratio that are negative or calling the end for bitcoin it would be far higher now.

..And maybe a thousand more deaths if you included the 10-year existence of bitcoin. Media outlets are quick to sensationalize the crashes and the rise of bitcoin, and this makes it more 'interesting' for the masses hence the search spikes in relation to the word 'bitcoin'. Usually, the articles written about bitcoin's death is nothing but the writer's opinion, with a few given facts that are too obvious to include on a hastily-spun article. There are also some pure FUD articles that don't care about facts but just the 'death' of bitcoin itself (which is negligible IMO, but still adds up to the reasons why bitcoin is searched by people on the interwebs).


This happens, but that doesn't necessarily mean that it's always the case.

If I remember correctly, the 2018 free fall was(is) the 5th so big % loss for Bitcoin in it's 10 years history. And it's not even the biggest one.

So Bitcoin 'will die' many times more and will continue to use it. Only weak hand are catching on this kind if bias.

could it be that mainstream media is being bribed by the some unscrupulous traditionalists who cannot accept this breakthrough  and spread out news articles to tarnish  the image of bitcoin and make the public always feel skeptical? 

Articles containing "bitcoin is dead" or "is bitcoin dead?" in the headlines are clickbait and nothing more.
We just don't have to count them,because they aren't important at all.
The only bad thing about those articles is that noobs read them and many of those noobs will believe in that bullshit and stay away from bitcoin.

You cannot be sure that people here are not listening to those news. If they have not been listening, then we would not have fallen this far. Noobs are everywhere. I always doubt on whales like they are responsible for spreading this kind of FUDs just for the reason of finding extra support for their manipulations. I believe that they would have been as much as successful with their efforts. The living proof for that is, we are trading right now around $3800 levels where the value should be above $15k.

This must be another related read, you may prefer to give a glance : https://bitcointalksearch.org/topic/52-times-bitcoin-died-2010-2018-infographic-4579984

After all, what I need to conclude here is, yes bitcoin has died as many times as anyone could count still it is here and staying stronger because it is like a phoenix bird hence there will be no problem of dying as many times as anyone could imagine.

This has happened far too many times. The website keeps track of only some of them, if you look at bitcointalk for example it has died far many more times. The only reason the number looks so low at 90 times is because they are legit only counting the high upper scale newspapers and so forth for the counting. If you look at all around the corners of internet you can see bitcoin dies 90+ times EVERY SINGLE DAY.

Thankfully we are not stupid enough to listen to other people when it comes to our own money and can make our own decisions and we are still here. The sad thing is a lot of people read those type of news and decided that they want to get out because bitcoin is dying according to the newspaper they are reading and they get out with losses. Its a shame people could write about an investment like that without consequences.

looking at chart and how it will slowly loose momentum and slowly pump we might see another ath even at 2025. I think only 10% of us will still be in crypto world.

if you buy a small amount of bitcoin each time the media talks about bitcoin's death and store it away then you would be a millionaire by now even at this low price let alone at the high price that we will hit during the next rally's ATH/

The media houses will never want cryptocurrency market and bitcoin to became mainstream without making the own money by publishing fake articles and news about how bad the state of bitcoin is and how it could not survive the downward trend that it experienced through out 2018!
Bitcoin has died several times since it inception and many articles should be expected in future about the market.  I think in away there are also promoting the market and if we most be truthfull to ourselve, the best thing to do is to invest when we have done serious research on the market and we are sure that bitcoin is here to stay.

a couple of the cases reported here weren't the usual "bitcoin is dead" bullshit that they always spread, they are a new breed that are actually calling bitcoin dead while advertising bitcoin-cash instead of it and pretend it is going to replace bitcoin. in other words many of these "died cases" are an advertisement for an altcoin.

as for CCN, they are the funniest news website in my opinion. one day price goes from $6100 to $6150 and the articles there all shift towards reporting how bitcoin is soaring and how this is bullish and the next day price goes from $6150 to $6100 and they start talking about how bitcoin is in a slump and quote those who said it is dead
this was the story prior to the drop below $6k, I no longer see much of their articles since they got boring after a while.


^^ an excellent point.

There is no shortage of new average joes entering the market, which is why you keep seeing articles with these headlines pop up, and that for years now. I'm certain that the news outlets themselves know better, but just act stupid to have their articles look interesting enough to click at. Ah well, news outlets are businesses in the end, so we can't really expect much to change.

It's up to the people to research what they invest in. If you sell based on silly articles, you don't belong here. It's like a test; if you fail, you are out. Good riddance.

If you look at the Google trends data, the spike is rather disappointing: https://trends.google.com/trends/explore?q=bitcoin&geo=US

The market crashed and the mainstream media wrote a bunch of stories about it, that's all. That generated a bit of interest for a couple weeks but the data since late November hasn't been notable.

The rumors of bitcoin’s death are greatly exaggerated, according to the stunning number of obituaries it racked up during a dismal crypto bear market.

The original cryptocurrency has died 90 times in 2018, according to 99 Bitcoins. That’s slightly less than the 125 times it died in 2017.

Despite detractors’ eagerness to bury it once and for all, bitcoin’s media profile has never been higher. So even as its price cratered, Google searches for bitcoin have rocketed to record highs.


Google Searches For Bitcoin Soared
As CCN reported, Google searches for “bitcoin” recently topped online searches for President Donald Trump. That’s staggering when you consider that Trump is the center of most news coverage on any given day.

Using this metric, it’s safe to say that bitcoin and the cryptocurrency industry have entered the mainstream consciousness.

A year ago, bitcoin and the crypto market were fringe topics that were mostly a curiosity to readers of financial news. Today, mainstream business outlets cover bitcoin’s daily price fluctuations and the emerging blockchain industry on a daily basis.



bitcoin is dead obituary meme | CCN meme/Pixabay photo


Here’s a flashback to some of the more memorable, recent proclamations that “bitcoin is dead.”

Atulya Sarin, a finance professor at Santa Clara University, insists that bitcoin will never supplant gold as a store of value, so bitcoiners should just give it up already.

    It appears bitcoin is now entering a death spiral…bitcoin will quickly go to zero.

    ‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor https://t.co/wBTE0Wai9n

    — CCN (@CryptoCoinsNews) December 3, 2018

“I see bitcoin as a dead man walking,” said Peter Mallouk, the president of Creative Planning, a Kansas investment firm.

    The recent precipitous drop may be the beginning of its inevitable and inexorable death spiral.

Mallouk said future generations will read about bitcoin in finance textbooks as a cautionary tale about the dangers of delusional zealots “desperate to make a silk purse out of a sow’s ear.”

    Bitcoin is a ‘Dead Man Walking’, Claims Creative Planning CIO https://t.co/iDSHOZJQck

    — CCN (@CryptoCoinsNews) December 8, 2018

Environmentalists — who claim crypto mining is an existential threat to humankind — are breathlessly celebrating the bear market, saying it’s a sure sign that bitcoin is “will soon be no more.”

    Anti-Crypto Environmentalists Gleeful that Bitcoin is ‘Becoming Worthless’ https://t.co/78L4Qi9VkZ

    — CCN (@CryptoCoinsNews) December 12, 2018

Teen crypto millionaire Erik Finman said “bitcoin is dead” because it’s “too fragmented” and there’s too much infighting within the ecosystem.

“It may have a bull market or two left in it, but long-term, it’s dead,” Finman predicted.

    Teenage Crypto Millionaire Erik Finman Says Bitcoin is Pretty Much Dead, Offers Hope for Bitcoin Cash https://t.co/VU1T8sItIH

    — CCN (@CryptoCoinsNews) December 17, 2018

Crypto entrepreneur Calvin Ayre — an advocate of Bitcoin Cash Satoshi Vision (SV) — predicts that the bitcoin price will plunge to zero in 2019 because it’s worthless.

    It has no utility. It does not do anything.

Ironically, Ayre claims that the original bitcoin is an impostor and that Bitcoin SV is the “real bitcoin.”

    Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

    — CCN (@CryptoCoinsNews) December 17, 2018

Despite these noisy protestations, bitcoin is still alive and kicking. Moreover, even its harshest critics have heaped praise on blockchain, the revolutionary technology underpinning crypto.

As 2018 draws to a close, many industry insiders are optimistic and confident that 2019 will be a blockbuster year of unprecedented expansion fueled by a surge in institutional investments.


Winklevoss: ‘Failure of Imagination’ Blinds Haters
Early bitcoiners like the Winklevoss twins, Tyler and Cameron, are unfazed by the current market slump and are betting big on the long-term future of crypto.

As for bitcoin skeptics who can’t see its potential, Tyler Winklevoss said they merely suffer from an epic “failure of imagination.”

Happy holidays from CCN!

    🎶 On the 12th day of REKT-mas, my cryptos gave to me

    12 markets crashing
    11 feds indicting
    10 hacked smart contracts
    9 forks of Bitcoin
    8 lambo repos
    7 bankrupt miners
    6 useless tokens
    5 exit scams 🎵🎺
    4 exchange hacks
    3 rage quits
    2 margin calls 💯
    and a Bitcoin o-bit-u-a-ry

    — Clark Moody (@clarkmoody) December 4, 2018


Reference: https://www.ccn.com/bitcoin-died-90-times-in-2018/