Bitcoin is dead! - page 8. | Bitcointalksearch.org

BitcoinPanther

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I don't find any wrong with the news report about BTC plummeting to x price. It is the truth, and it is their job to sensationalize their news. The problem lies with those propagandists that take advantage of the Bitcoin price nosedive news and spread FUD and get on with their motive of defaming BTC. It often fails so why make a big issue of it?

Quote from: teslag on June 18, 2022, 02:45:46 AM

This changeable rise and fall of Bitcoin makes it a parlous investment for numerous, and the recent crash in the cryptocurrency request means numerous devoted crypto possessors are going back to cash. It's not just Bitcoin. The whole cryptocurrency request has seen a drastic fall lately.

True, we are just focused on Bitcoin and cryptocurrency because this is what this forum is about. Anyway, that Bitcoin history price shown in OP is just proof that there is nothing to worry for today's Bitcoin price crashing below 19k. The bitcoin market will recover, just hold tight expect for the worst and withstand the worries and temptation to sell. Because we might see another breath taking ATH when Bitcoin market phase transitioned to Bull Market.

Quote from: Smack That Ace on June 18, 2022, 01:07:17 AM

Guys, I just saw one more interesting thing from CNBC articles, whether the current 20k price is the lowest bitcoin price in this bear season is still unknown?

It looks like the Bitcoin market crashed to $18k-ish barrier

Quote from: Smack That Ace on June 18, 2022, 01:07:17 AM

But looking at their articles, the $225, $2500 and $23k price levels are the all-time lows in each bear season and their gap is x10. So if my thinking is correct then the low of bitcoin next bear season will be $230k.LOL Grin

So what will the next bull season's ATH be? when bitcoin fell to an all-time low of $230k in bitcoin during the bear season?. Roll Eyes

Might be $100k first since there is a possibility that next ATH would break $200k barrier.

teslag

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This changeable rise and fall of Bitcoin makes it a parlous investment for numerous, and the recent crash in the cryptocurrency request means numerous devoted crypto possessors are going back to cash. It's not just Bitcoin. The whole cryptocurrency request has seen a drastic fall lately.

btc78

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Quote from: Apocollapse on June 18, 2022, 01:34:42 AM

To be fair CNBC also mention the inflation rate of US dollar is increase 8.6%, highest since 1981 so this mean they're not against about Bitcoin, but they're making news to get traffic. Many people scared of the Bitcoin volatility that decrease around 60% from it's ATH, but they're not scared of holding fiat money will always decrease the value in every year. They're working and got paycheck, they save on banks in order to get more money from the interest, but the inflation is higher than the return itself.

If only they do understand what they are doing , that they are relying their Money in banks that only Brings cheap profit or interest per Year comparing to what they can earn in crypto in 3-4 years of holding .
This is also the reason of the government disagreeing in crypto because if people get to understand this market? for sure banks will be dead in a matter of 5-10 years because why would people need to send to them when they can keep hold of their own funds in their wallets.

Apocollapse

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To be fair CNBC also mention the inflation rate of US dollar is increase 8.6%, highest since 1981 so this mean they're not against about Bitcoin, but they're making news to get traffic. Many people scared of the Bitcoin volatility that decrease around 60% from it's ATH, but they're not scared of holding fiat money will always decrease the value in every year. They're working and got paycheck, they save on banks in order to get more money from the interest, but the inflation is higher than the return itself.

Bitstar_coin

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I assume CNBC also have different headlines of every btc ATH as much as they have for btc crashing. It is somehow weird how quick these media outlets can make publications about btc price dip and not ath.
Btc is the only asset that has been declared dead so many times and resurrected the same amount of time. That should tell us something!

Good findings @Smack That Ace, perhaps for btc to crash to $230k it should have hit an ath of about $1million (just a wild guess, no calculation involved) Cheesy

And then CNBC will yet again publish another headline.

pealr12

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Maybe the next bull run btc will go as high as 100k and those who are busy selling now will fomo back in at ath and then sell when it crash down to 50k and then they will spread different fud on how they lose money on btc when they refuse to learn and understand the market circle.

Smack That Ace

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Guys, I just saw one more interesting thing from CNBC articles, whether the current 20k price is the lowest bitcoin price in this bear season is still unknown?
But looking at their articles, the $225, $2500 and $23k price levels are the all-time lows in each bear season and their gap is x10. So if my thinking is correct then the low of bitcoin next bear season will be $230k.LOL Grin

So what will the next bull season's ATH be? when bitcoin fell to an all-time low of $230k in bitcoin during the bear season?. Roll Eyes

Daapi

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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).

turneps

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when they say bitcoin is dead again it's time for me to buy more at this price. Thank you for compiling these quality images.

NotATether

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Now imagine for a second that Bitcoin was at $2 million to the dollar and it does crash to $1 million to the dollar.

"Bitcoin is dead!" says everyone who bought it when it was at $1.5 million two years ago.

But they are forgetting that by then the market value of Bitcoin would be inside the hundreds of trillions so such a statement would sound ludicrous in that light Cheesy

kaseygriffin

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Something I've always felt grateful for from this market, especially BTC, because it has been profitable for me personally. After years of being in this market and seeing the decline or the growth in each phase, there is also a bunch of news and conspiracy theories related to it that I have read and it probably doesn't bother me much. I also only see it as part of the work for BTC to win the trust and attention of people, and those who love it will always find joy.

yhiaali3

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Yes, absolutely true, I thank you for your effort in collecting these optimistic images because they summarize the history of Bitcoin and the nonsense that is said at every drop in the price of Bitcoin. They do not get tired of repeating these trivial words like parrots and never learn, if they really understood the lessons of history, they would stop this nonsense, and understand that Bitcoin will rise and come back stronger than it was as it did every time.

AmoreJaz

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Quote from: tabas on June 17, 2022, 06:43:08 PM

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.

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.

tabas

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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.

cheezcarls

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Yes we've heard that many times already and I just keep doing DCA'ing with Bitcoin every month! It's my commitment to build wealth overtime as I do not want to make that same mistake like in my previous years of ignoring or fearing to invest into BTC due to volatility. I don't care if it's boring it may take years to take off. As long I have extra "not beer" money every month to spare, I'll keep buying Bitcoin even if it goes down much further.

Oceat

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Isn't this a normal price even if people keep telling that Bitcoin is dead everytime they see the price went deeper than what they thought? It's been a long time since I've heard that words but there are some people won't accept the fact that the market is just like this no matter what fact you gave to them. 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.

aoluain

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Just like the thread title the media rely on sensationalism and at times like this Bitcoin
is a popular target. Its funny that they fail to state ^{or maybe they just dont see it} that each big
crash fails to go below the previous one.

Quote from: Smack That Ace on June 17, 2022, 11:49:32 AM

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.

Even looking at the negative prices the pull back prices they still show growth from
halving to halving, the media are not going to state that.

Its funny, even at times like these I find it hard in some ways to be negative.

D ltr

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price drops like this are common, and are always balanced by negative news, sometimes publishers of articles like this, always follow the direction of the price when btc goes down they hit btc with bad news from various sources, and vice versa, but for true holders and they pioneered bitcoin from the price of 10 $ they will not worry because as long as the volume movement in the market is still there, I don't think bitcoin can be said to be dead

Ghepetto

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I'm having fun with it -when people ask if I am ok I say yes, I just got a job at the local petrol station.

We are at an all time low on crypto sentiment. After the Luna crash people new to crypto have been shaken, rightfully so. But for people who are seasoned, the BTC drop is par for the course. And the press is desperate for clicks these days.

The press is dead, they all turned activist and forgot to tell anybody.

Minor Miner

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Quote from: Davidvictorson on June 17, 2022, 03:58:01 PM

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.

Criticism of good things is a little more. Negative things are more likely to catch people's eye, cause people like criticism. And the media manages their business by capitalizing on it. You will notice that there is more negative news about Bitcoin than there is positive news all over the online and news portals.

Anyway hopefully very soon we will see a bullish phase again, now offer price is running for newcomers

, so everyone should buy Bitcoin at the offer price.

Topic: Bitcoin is dead! - page 8. (Read 1946 times)