Topic: Bitcoin is dead! - page 6. (Read 1918 times)
The imminent idea of the media is to catalyze the news to the maximum extent of the "tragedy" as they want it to be seen, if a comparison is made on the opposite side (ATH) the positive indigence is of a very different scale and therefore It is generally given less media coverage.
We may encounter volatility as bitcoin moves back up but it is nothing new, the signs are there for Bitcoin to stay strong and recover. For now, at least, we should not sell, as we know that old saying: "You don't lose until you sell" is true. There is always time to sell as we know, but you do not sell until there is a reason to, and right now, there is no reason to sell.
When you see bitcoin bottoming, you should be sitting on your buy list, it may bounce a little but do not sell, bitcoin is on the right track to make a big comeback. All we need to do is to get through the bear market which will last for a while. Of course we will try to predict where the bottom is but sometimes we end up being wrong and then you have to wait to start buying back in.
When you see bitcoin bottoming, you should be sitting on your buy list, it may bounce a little but do not sell, bitcoin is on the right track to make a big comeback. All we need to do is to get through the bear market which will last for a while. Of course we will try to predict where the bottom is but sometimes we end up being wrong and then you have to wait to start buying back in.
Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it 
Such drama in this world. This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.
Such drama in this world. This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.
If you really have an objective to hold bitcoins for the long term, the more it goes down, the more you buy and gonna keep it for the later bull run or until the time you think you managed to earn a huge amount of income. some people who were holding from 2013 are still holding until now and they don't care about the current situation of the market because what's matters to them is the vision and objectives they have when they first bought it. the only people who are rushing to sell their BTC and panicking right now because they might use some of their savings to buy bitcoins.
Those who are known Bitcoin for a long time, are not disappointed. In most cases, dumping Bitcoin is a big collapse for new investors. It is important to keep in mind that many investors, including institutional investors are now investing in Bitcoin. At the same time lots of media report negatively to attract investors attention to their channel. Ultimately these activities brings a negative impact on the bitcoin price and it can also be pre-plan form the blue whale. So it is better to buy bitcoin right now and hold it for long time, you will definitely get good return.
It's just an ordinary day, bitcoin will dump and pump on its own time, and now that we are witnessing a bear market run, we should understand that we have to go through this process if we want to witness a huge bull run in the years to come. I believe this bear run will not be short, price may bounce back a bit but bear market will stay for awhile, so what should we do now? easy, just buy and hold.
Those who are known Bitcoin for a long time, are not disappointed. In most cases, dumping Bitcoin is a big collapse for new investors. It is important to keep in mind that many investors, including institutional investors are now investing in Bitcoin. At the same time lots of media report negatively to attract investors attention to their channel. Ultimately these activities brings a negative impact on the bitcoin price and it can also be pre-plan form the blue whale. So it is better to buy bitcoin right now and hold it for long time, you will definitely get good return.
They should be lucky to have this price again because how could they buy if Bitcoin are still staying at the ATH? I bet they don't know that or they just assumed that it would go down for a bit then pump again after the dip buy they never knew that this how the market works.
Exactly what I told a friend of mine. But many people still thinks Bitcoin will probably die. Especially those who are new in the Crypto space. Yes, the price of Bitcoin have been dipping for sometime now, but is also an Golden opportunity of us to accumulate more Bitcoin. Because, it seems obvious that the price will soon or later bounce back. We all know Bitcoin is not stablecoin. Rather than complaining about the dip in price, why don't we take good advantage of the current situation of the Market.
They say, "A Picture is worth a thousand words"
This is way back to 2011 and Bitcoins price has always been in an uptrend regardless of all the corrections or Bear markets if I may use that phrase. People fail to look at it from a wider frame of time and as OP has shown too, we will witness a time when people will seek a $200k Bitcoin price as a Bear market price and still claim the collapse of Bitcoin.
This is way back to 2011 and Bitcoins price has always been in an uptrend regardless of all the corrections or Bear markets if I may use that phrase. People fail to look at it from a wider frame of time and as OP has shown too, we will witness a time when people will seek a $200k Bitcoin price as a Bear market price and still claim the collapse of Bitcoin.
It would be very naive to think that bitcoin is dead, just as it would be very naive to think that investing in bitcoin is going to be as profitable going forward as it was in the early cycles. And even more so after what we are seeing. It's not dead, that's for sure but the forecasts for this cycle have disappointed to the downside.
BTC Update
Bitcoin can come in at 12,000$ So everyone will understand and invest now no one will take anti for short time. Take anti for long time
Bitcoin can come in at 12,000$ So everyone will understand and invest now no one will take anti for short time. Take anti for long time
Who's this guy. Sure, if this guy says it it will happen, we all have to trust him. Stop listening to everyone. Follow your own instincts.
BTC Update
Bitcoin can come in at 12,000$ So everyone will understand and invest now no one will take anti for short time. Take anti for long time
Bitcoin can come in at 12,000$ So everyone will understand and invest now no one will take anti for short time. Take anti for long time
I think using that word "dead" never made sense, that's because it's not possible for bitcoin to die, because there will always be people who will use bitcoin, so it won't die. But we have to see that even if he doesn't die (because there's no way to die) he can drop to a price that is very low, breaking the high expectations of many people and also leaving many people with great losses, just look at El Salvador that bought bitcoin when the price was above 40,000$, today they are with great losses and imagine if any other country bought bitcoin for the price of 40,000$? how far can bitcoin be trusted? a country that buys bitcoin is asking to go bankrupt, let's face it that an asset that drops a lot like bitcoin, is not something for any country to buy.
People who think BTC will ever drop to zero are naive , not to say childish. First of all, BTC has millions of users. Secondly, it will last at least until 2140 when the last BTC will be mined (if the world will last too). Thirdly, if it will drop too low many will want to buy as much as possible (including myself) which will make price go up. BTC has a huge potential and people selling now are chickens who have no idea what gold mine they have.
I think using that word "dead" never made sense, that's because it's not possible for bitcoin to die, because there will always be people who will use bitcoin, so it won't die. But we have to see that even if he doesn't die (because there's no way to die) he can drop to a price that is very low, breaking the high expectations of many people and also leaving many people with great losses, just look at El Salvador that bought bitcoin when the price was above 40,000$, today they are with great losses and imagine if any other country bought bitcoin for the price of 40,000$? how far can bitcoin be trusted? a country that buys bitcoin is asking to go bankrupt, let's face it that an asset that drops a lot like bitcoin, is not something for any country to buy.
None is sure, how far this drop will happen. For now it is the biggest crash happening with the cryptocurrency market. There are predictions that the price will go even down. Whenever I see the decline in the price it reminds me to invest, and there are certain altcoins still strong in the market even when ethereum have declined and reached close to $900. Possibly this looks like the market getting maturity and for the better coexistence with traditional market.
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Bitcoin is dead for more than 400+ times and it would be like that a lot of time. Same goes to Ethereum though I don't want to compare them both.This current market situation is just going to be another entry in Bitcoin Obituaries.
Been holding Bitcoin since 2017, so this price does not really going to move me even an inch.
Yes, he is very low. You think is it time to buy??
ProbablyIf you have the cash and you want to invest now and go for the long-term, then sure go for it, buying under 20k sounds like a good entry-point. Just remember that you'll try to catch a falling knife, price isn't stable and could go much lower, but hey if you want to buy cheap then at some point you gotta pull the trigger, right? Just understand the risks, once you know what to expect, buy and hodl until X price target
now btc has dropped to around $18k. many also say that the potential continues to fall. But looking at the purchase order book is also getting crowded. So I'm sure those who buy today are lucky people if they can hold it strong. because even when looking at the history of the decline in btc. then we will also be treated to that after going down a lot then btc will go up much more than its decline. an example like the OP's post.
We can see a huge buyer demand but we can also see the high selling demand makes the market doing deeper. It is still going to imagine that many were still not change their mind and easily get panic, I'm not sure but these newcomers have been causing this tragic drops as those old-timers had made their way to holding after having an experience in the past. Bitcoin is dead, collapsing - everything we heard negative can be possible at this time but having said, only strong hands live and are willing to take risks while weak people don't deserve it.
According to Bitcoin Obituaries, Bitcoin has died more than 450 times so far, therefore, it's foolish to think it will disappear anytime soon. People who believe Bitcoin and blockchain are a scam and will disappear are the ones who will most likely disappear themselves.
13 years is not that long as you make it to be and ups and downs do not tell us if BTC will stay or disappear, but I am 100% certain that it's just a step towards some better solutions. However, you are right that people have been repeating the same lines cycle after cycle without any definative proof and that just sets a bad example in the community.
No, how long the crator topic known bitcoin? So far if this authorr think the price drop is death they have to learn again. Many friends here have learned bitcoin from scratch. They have understood how unstable bitcoin is. That makes them understand the Bitcoin cycle a little bit. So that they are quite calm in the face of this. Even though there is currently a lot of news of macroeconomic status that is being bad I think the current price is still reasonable. The price of bitcoin has not exceeded the decline after the high of 2018 was almost about 80% of ATH. I hope the market is still optimistic that this cycle will repeat itself and will meet new highs. 
They will never change when it's about bitcoin dropping from its all time high. The same thing has been said when it's still on the top, they keep telling that it will go down and then it does. Now that it has came down, they'll keep telling on the same thing about its decrease and they never get tired of it.
It's true that even if bitcoin goes to 6 digits and it's likely the bottom of it, they'll tell again that it's dropping and almost dead. Well, that's always been the context that they tell.
It's true that even if bitcoin goes to 6 digits and it's likely the bottom of it, they'll tell again that it's dropping and almost dead. Well, that's always been the context that they tell.
we have freedom of expression, hence, everyone is entitled to express their thoughts and ideas. we can't stop people from speculating the worst because that's part of our human nature. also, it will give us idea on how to tackle the worst possible scenario. it may not happen, but at least we are ready for this situation.
we may have heard this countless times - bitcoin is dead. and yet, here we are, still surviving and the good thing is - more and more people are now getting involved in this market.
Everyone has encourage to hold their Bitcoin at this time but not all are going to follow and that was because of having different mindset and market view. These weak hands won't do that for sure but rather think negatively and sell them. Oh, let them do that as we care about to catch their Bitcoin, in fact, many were still waiting for the bottom price and these panic sellers are the solutions.
Panic selling, dumping of coins - we either prepared for that scenario as we can no longer urge people to take care of their asset but have let it go.
Panic selling, dumping of coins - we either prepared for that scenario as we can no longer urge people to take care of their asset but have let it go.
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