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Topic: Bitcoin is dead! - page 7. (Read 1930 times)

sr. member
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June 18, 2022, 03:48:10 PM
#53
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.
member
Activity: 686
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June 18, 2022, 03:47:31 PM
#52
Bitcoin is not dead what matters for bitcoins is the long structure of life. Bitcoin increase and fall does mean that bitcoin is dead i can agree that bitcoin is no more when the price reached 1000k, what people is campaigning is to kill the use of bitcoin and i will not that information that people of short hope is having for bitcoins
full member
Activity: 1302
Merit: 129
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June 18, 2022, 03:34:11 PM
#51
Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it  Cheesy

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.

That's what surprises me MOST. You know Holding is the key, I know holding is the Key, Investors knows Holding is the Key, Retails know holding is the Key., then why no one is Holding and it keeps dumping:Smiley
Well, you can argue that newbies are the ones who are dumping because of lack of knowledge, but common, newbies investors don't have that much money to bring the market so low. It seems so that everyone is dumping and no one is HodLing.

Not only newbies but also miners, you know they make a decent amount of BTC and that amount is enough to make a dump at the end of the month or a quarter of the year.

Not only 1 factor is lying for such kind of significant correction. when people see the stock market reach its monthly closed zone they start selling because of their panicking. Whales come out at that moment to push the drop a little more and all newbies/new traders/short traders start selling their shares.

If they sell their share peacefully by stopping their mouth that would be fine, but after selling their share they start shilling and making the situation worst.
hero member
Activity: 3010
Merit: 794
June 18, 2022, 12:59:22 PM
#50
This is the reason why I don't read articles from popular news sites like CNBC or even Cointelegraph etc. or maybe I should say that I'm not a reader of articles online at all Cheesy. I knew that somebody will tell that quote again now that we are in a bear market, but I wonder why nobody said that phrase last 2020 when the COVID has announced as a pandemic.

Many will try to tell negative things about Bitcoin while me, I'm just chilling here on the back while accumulating more Bitcoins Cheesy. I'll be more patient this time and will not miss the opportunity like what happened in 2020. Newbies and investors who are panicking can just sell their Bitcoins at a loss because there will be intelligent investors who will still buy Bitcoins. Intelligent investors are buying Bitcoins at the bottom and newbie investors are buying at the peak.
If you've been here on this market for a while specially into those events where crashes and deep corrections happen then these kind of articles won't really be something that new or you wouldn't really get shocked on times like this but for noobs into their first experience then they would really be freaking out with these kind of headlines.

Bitcoin is dead? It's already 400+ times. LoL
https://99bitcoins.com/bitcoin-obituaries/

So don't make yourself freak out on these kind of times which turns out to be normal.
newbie
Activity: 8
Merit: 0
June 18, 2022, 12:43:40 PM
#49
Good post  Grin If you go WAY WAY back , I believe bitcoin went from $23 and crashed all the way back to $1.
legendary
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June 18, 2022, 08:26:17 AM
#48
Bitcoin has been declared “dead” at least 2 times a year since 2010. Ignore it.

Every time it’s come back from the dead with a 5x recovery (or more).
It has been declared so called "dead" offically 377 times according to main stream media headlines.
Here is a nifty website to see the dates and headlines that caused them to declare it dead.
https://www.bitcoinisdead.org/

Although 99bitcoins has declared it dead 452 times.
https://99bitcoins.com/bitcoin-obituaries/

edit:
https://99bitcoins.com/bitcoin-obituaries/

Currently bitcoin has died around 452 times!
The various obituaries are collected on this site (click image or link above).

These comments in the newspapers seems are created precisely to prevent new investors from entering this sector and people inquiring about the "reality" of things or how this technology really works.
You beat me to it @bitbollo!
But take those numbers with a grain of salt. Grin
legendary
Activity: 2576
Merit: 1043
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June 18, 2022, 08:22:26 AM
#47
This is the reason why I don't read articles from popular news sites like CNBC or even Cointelegraph etc. or maybe I should say that I'm not a reader of articles online at all Cheesy. I knew that somebody will tell that quote again now that we are in a bear market, but I wonder why nobody said that phrase last 2020 when the COVID has announced as a pandemic.

Many will try to tell negative things about Bitcoin while me, I'm just chilling here on the back while accumulating more Bitcoins Cheesy. I'll be more patient this time and will not miss the opportunity like what happened in 2020. Newbies and investors who are panicking can just sell their Bitcoins at a loss because there will be intelligent investors who will still buy Bitcoins. Intelligent investors are buying Bitcoins at the bottom and newbie investors are buying at the peak.
hero member
Activity: 812
Merit: 560
June 18, 2022, 07:45:42 AM
#46
Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.

Lots has been said about bitcoin in different like manners but the reality fact remains constant that bitcoin remains a valid means of exchange for payment of good and services, then what is dead about it, the value never deminish neither does anyone of those people going against bitcoin understand the future itbhas come to cover, by now we that are bitconers have no any traces in doubt over the volatility moves in price because we understand all it's made up to rise and fall
hero member
Activity: 2814
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June 18, 2022, 07:29:15 AM
#45
Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it  Cheesy

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.

That's what surprises me MOST. You know Holding is the key, I know holding is the Key, Investors knows Holding is the Key, Retails know holding is the Key., then why no one is Holding and it keeps dumping:Smiley
Well, you can argue that newbies are the ones who are dumping because of lack of knowledge, but common, newbies investors don't have that much money to bring the market so low. It seems so that everyone is dumping and no one is HodLing.
full member
Activity: 616
Merit: 161
June 18, 2022, 07:06:16 AM
#44
Someone will keep telling you that Bitcoin has collapsed… if you don't zoom out, you won't see the truth.
  • January 2015 - Bitcoin plummets to $225
  • July 2017 - Bitcoin plummets to $2500
  • June 2022 - Bitcoin plummets to $20K

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.


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.
jr. member
Activity: 48
Merit: 1
June 18, 2022, 07:03:27 AM
#43
Bitcoin is dead, in fact, the situation seems to be right now.4 months ago but the price of Bitcoin in the currency was around k 60k like the dollar. Now the price of Bitcoin is only 20K.Bitcoin is now in decline.The price of the coin could go down further. I think it will go down to k 19k.Bitcoin will return to its previous state if we have to wait a long time in the market.
legendary
Activity: 1288
Merit: 1081
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June 18, 2022, 06:58:29 AM
#42
Why will you tell them to zoom out?

They wouldn't zoom out, they are comfortable where they are.

Don't buy bitcoin at $69k. No, I will buy, you don't want me to be rich.

Buy at $20k. No, I won't buy, you want my money to vanish Grin
legendary
Activity: 2072
Merit: 4265
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June 18, 2022, 06:53:16 AM
#41
News outlets and bloggers need a headline like this because if they don't get the views or the clicks, they might not get paid. This is my second time experiencing this event since I became a full-fledged Bitcoin HODLer. Nowadays, my two favorite pastimes are watching videos on the history of bitcoin and watching MTV Base. While the former gives you hope, the latter furnishes you with good music that relaxes your mind.

Absolutely right. And that is precisely their role. If it happens that bitcoin turns around and starts to rise, these agencies will not blink an eye, saying that this is what they predicted.

For anyone who believes such analysts, it's time to turn off the electricity for their own good. Turn off your computers and don't read the news.

I wonder how many topics about the death of Bitcoin were created on this forum during the time of its sharp fall.

But why don't we see those hysterics afterward who agitated us to sell and save our lives?
newbie
Activity: 3
Merit: 0
June 18, 2022, 06:41:17 AM
#40
Not really dead, just temporarily skid off.
newbie
Activity: 25
Merit: 0
June 18, 2022, 06:40:01 AM
#39
Someone will keep telling you that Bitcoin has collapsed… if you don't zoom out, you won't see the truth.
  • January 2015 - Bitcoin plummets to $225
  • July 2017 - Bitcoin plummets to $2500
  • June 2022 - Bitcoin plummets to $20K

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.


https://i.imgur.com/TRGNvNE.jpg

https://i.imgur.com/pTwuVfQ.jpg

https://i.imgur.com/eNbw8dB.jpg

https://i.imgur.com/qTNQKbi.jpg

source: ThuanCapital
I belive that BTC will rise again and be at least 50k
legendary
Activity: 3276
Merit: 3537
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June 18, 2022, 06:39:38 AM
#38
https://99bitcoins.com/bitcoin-obituaries/

Currently bitcoin has died around 452 times!
The various obituaries are collected on this site (click image or link above).

These comments in the newspapers seems are created precisely to prevent new investors from entering this sector and people inquiring about the "reality" of things or how this technology really works.
legendary
Activity: 3248
Merit: 1402
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June 18, 2022, 05:07:03 AM
#37
Thanks, op, for making a wonderful thread. I love it how it doesn't only contain facts, but also screens from news of the same media outlet over time, and a pretty reputable outlet.
I believe that Bitcoin will get out of this, just like always before. I am not sure how long it will take or what the bottom will be this time (I thought it would be $20k, but we're already moving even lower). But I am determined to wait it out if I can, and I hope many will do the same and won't lose money on panic selling.
legendary
Activity: 2898
Merit: 1823
June 18, 2022, 04:37:43 AM
#36
Anyone who, especially an"influencer", tells you that Bitcoin is "dead" merely wants to buy at the lowest possible price at this point of Bitcoin's existence. The two bear cycles before the current one, is what they truly believed to be "Bitcoin is dead", but currently it is "buy the DIP". Mainstream investors have already learned, the hard way, and have accepted that Bitcoin will NOT die. They want the REAL DIP. The GOLDEN OPPORTUNITY. The GENERATIONAL BOTTOM.
legendary
Activity: 2478
Merit: 1360
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June 18, 2022, 04:18:32 AM
#35
I'll start by saying that I haven't sold anything since 2021 and still hold 80% of my bitcoins from 2016, but the price is looking the weakest I've ever seen it. It's not about the price in USD but the way it goes down week after week without any comebacks and retests. This is not normal even for Bitcoin. Looks like all that hype that institutions are coming to bitcoin is unwinding and it's going to end with a headache for all of us.

For me personally even $3k is nothing because I held all the way from 1k to 20k and back down to 3k, so if we were to fall down to 3k again I'd still hold, but it's painful to watch how a stupid USD pump can bring something that's being traded all around the world down.
hero member
Activity: 2114
Merit: 603
June 18, 2022, 03:51:37 AM
#34
Nice one, Im laughing on CNBC actually how they have promptly followed bitcoin every time it fell below it's resistance level and again made it to the next ATH. They are so consisdtent every year. Lolz.

I am pretty sure they have forgotten that they were the one's who published the same news over and over again when bitcoin went below its critical point and they are the one who also published it's up surge. So funny.

This proves only one thing, be consistent in holding, lets keep up with normal routine.  Cheesy
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