Topic: BITCOIN IS NOT DEAD! (Read 946 times)
Bitcoin is a consensus. The death of such a great consensus is not an easy thing. It's ridiculous to claim that. Ideas never die. Also, even if we exclude all of its technological infrastructure, we cannot call it dead due to its $34 billion daily trading volume, because something that is dead cannot do such a thing. I think they should now offer smarter arguments for fud because bullshit like this isn't even funny.
I have seen and also understand some people way of conclusion that bitcoin is dead.
It is mostly naysayers or those who were never really interested in bitcoin. Being dead in the speculative market is a relative term. Comparing this to dead is a common thing when you dont have the understanding to see that it is a bear cycle. 
Anyone watching the chart can see that bull and bear cycle are what is happening and not living or dead. Since such people are only interested in profit and loss, this is what matters to them.
FUD will always exist in this sector because it is build around people who sit in front of keyboards half the day. But knowing how to see through the FUD, the charts and the performance of bitcoin, is the real thing.
Bitcoin is dead.
Yes, truly dead.
Disappointedly, a lot of people don't even know this. It's dead to FUD but naysayers who still don't want to be pacified are busy looking for its tomb. That isn't going to happen. Bitcoin is a Phoenix, literarily speaking. It has a way of rising from its perceived ashes. Price crashes or energy consumption brouhaha are things it easily dusts off. The Bitcoin obituary isn't even a thing anymore now. It was a constant thing pre-2017 when I knew about Bitcoin. Such FUD would send shivers down the spines of Bitcoin faithfuls. I'm not sure such FUD has that influence now.
Yes, truly dead.
Disappointedly, a lot of people don't even know this. It's dead to FUD but naysayers who still don't want to be pacified are busy looking for its tomb. That isn't going to happen. Bitcoin is a Phoenix, literarily speaking. It has a way of rising from its perceived ashes. Price crashes or energy consumption brouhaha are things it easily dusts off. The Bitcoin obituary isn't even a thing anymore now. It was a constant thing pre-2017 when I knew about Bitcoin. Such FUD would send shivers down the spines of Bitcoin faithfuls. I'm not sure such FUD has that influence now.
I do not understand how this thread rises or is refloated, this thread is the one that should be dead, well closed with a padlock and a cross.
You have to get away from that opinion matrix, which is not the same as the discussion matrix when there is an argument, that is, starting with that title and then wanting to justify ideas with the OP's argument.
There is no need to look back, bitcoin is the future. Sometimes these matrices like this post look for the opposite, it is like a hidden message that is not presented as it is, a malicious title that later wants to be justified with an OP in justified context on the opposite side.
You have to get away from that opinion matrix, which is not the same as the discussion matrix when there is an argument, that is, starting with that title and then wanting to justify ideas with the OP's argument.
There is no need to look back, bitcoin is the future. Sometimes these matrices like this post look for the opposite, it is like a hidden message that is not presented as it is, a malicious title that later wants to be justified with an OP in justified context on the opposite side.
I have seen and also understand some people way of conclusion that bitcoin is dead. It's very obvious to me right now that bitcoin is dead to some people because of it's speculation of values at a particular moment, when bitcoin is experiencing a bearish market people get afraid of investing in Bitcoin because all their mindset is that bitcoin won't ressurect again and the final conclusion will be bitcoins is dead, not knowing that Bitcoin have to be purchase in a larger form when it's in a state of bearish season.
Virtually bitcoin has died more than it has lived. Every bear season bitcoin dies in the eyes of the ignorants and also in the eyes of the informed who purposely peddles the bitcoin death rumor in order to manipulate the market. I have listened and believed the bitcoin death rumor in the past and it made me not to enter bitcoin at the right time. So my concern now is not about the FUD, my concern is those newbies who are supposed to join bitcoin at this perfect time would be discouraged to join. But later when the bull arrives, they win jump in when the price is already very high
I have seen and also understand some people way of conclusion that bitcoin is dead. It's very obvious to me right now that bitcoin is dead to some people because of it's speculation of values at a particular moment, when bitcoin is experiencing a bearish market people get afraid of investing in Bitcoin because all their mindset is that bitcoin won't ressurect again and the final conclusion will be bitcoins is dead, not knowing that Bitcoin have to be purchase in a larger form when it's in a state of bearish season.
We all may believe that bitcoin will never die but no one can say with 100% that bitcoin will last forever but if you think about the current situation and the future then from that mindset bitcoin will last forever people's living standards are improving people are so lazy As everyone is moving towards virtual life, there is no chance of Bitcoin dying, but if there is a war with big countries or a third world war in the world for some reason. Then the world will be pretty much on the path to destruction then maybe we can go to Bitcoin in which case we won't be surprised but I don't think World War 3 will happen if it does then our lives will be completely ruined.
For some time period the market bounced and today once again there is crash in the market. Then onwards we'll come across Bitcoin is dead statement quite often. This is not by intention, but out of fear people do this. At times this statement too make changes in the market, as the market is speculative and can be manipulated.
Whatever the market situation, we need to prepare ourselves to experience the worst. This will help us stay high even when the market is down.
You're right, not everyone prepares for the worst that might happen in the market. I personally prioritize that, yes I prepare something that I don't want to see first, after that I determine the target I want to achieve. That way I'm better prepared for a major market shock. It can be said that most people who sell assets out of panic are those who do not prepare for the worst. Because they realize they will lack for their daily needs. Whatever the market situation, we need to prepare ourselves to experience the worst. This will help us stay high even when the market is down.
news that keeps repeating, and always talking Bitcoin will die, and more and more people say Bitcoin will die otherwise Bitcoin will continue to grow, it will even grow more than last year, so stop saying Bitcoin is dead because Bitcoin will continue to grow
Bitcoin never dies, it never will, in my opinion. If you are wondering why, bitcoin is indispensable when there are so many investors and money in it. Its lack of control and decentralization make it an excellent choice.
But we also have to be able to accept that bitcoin can die anytime so that we can be ready for whatever the situation will be. Nowadays, bitcoin has become something popular and many people want to own more bitcoins. Lucky for people who have been in bitcoin for a long time because they may still have many bitcoins.The presence of bitcoin can help the current payment system but because bitcoin is decentralized and no government controls it, this is what the government does not like, so several countries have not approved it. But that will not stop bitcoin from becoming more famous in the future so many people will use bitcoin as an investment or other things. So bitcoin will still be around for the next few years, while for decades later, we leave it to bitcoin itself and those who use bitcoin.
Yes, everything falls within the possibilities that can be given, but that is like killing the goose that lays the golden eggs, the best thing about all this is that it is very easy to avoid, the only option that can destroy it is that all the investors and traders in the world agree to kill btc and that is very impossible, the only way is for a very strong entity to buy the majority of BTC and bring it to zero, if possible, what happens is that in the There is an infrastructure in the BTC market that is so well organized that many companies have very strong investment in the market, so it is more difficult to convince the great millionaires who take out their investment in losses.
For some time period the market bounced and today once again there is crash in the market. Then onwards we'll come across Bitcoin is dead statement quite often. This is not by intention, but out of fear people do this. At times this statement too make changes in the market, as the market is speculative and can be manipulated.
Whatever the market situation, we need to prepare ourselves to experience the worst. This will help us stay high even when the market is down.
Whatever the market situation, we need to prepare ourselves to experience the worst. This will help us stay high even when the market is down.
One could say bitcoin is going to die, it is people who hate bitcoin and glorify fiat too much. I don't think bitcoin and its network will die without a big problem which may harm all users, but it is possible that it will be replaced by a better financial system in the future where it comes with something more perfect.
I haven't gotten to that stage to think yet because I believe bitcoin is a financial system that will last longer to get more public attention. Increasing adoption is the foundation for expecting it to grow and survive, it is a reason to refute the notion of someone who says bitcoin will die.
I haven't gotten to that stage to think yet because I believe bitcoin is a financial system that will last longer to get more public attention. Increasing adoption is the foundation for expecting it to grow and survive, it is a reason to refute the notion of someone who says bitcoin will die.
It will take time to believe that POS system is equally secure, energy efficient and faster when Ethereum successfully achieves all milestones with predefined time lines & that remains to be seen. I also believe that Bitcoin security system is very secure and it is most decentralized compared to any other crypto currency becuase we have seen any report of bitcoin hacking whereas Ethereum & tokens created on its network had many incidents of hacking. DYOR
Those hacking incidents were largely due to smart contracts and not because of any exploit in the proof-of-stake (or work) arrangement in Ethereum.
Bitcoin never dies, it never will, in my opinion. If you are wondering why, bitcoin is indispensable when there are so many investors and money in it. Its lack of control and decentralization make it an excellent choice.
But we also have to be able to accept that bitcoin can die anytime so that we can be ready for whatever the situation will be. Nowadays, bitcoin has become something popular and many people want to own more bitcoins. Lucky for people who have been in bitcoin for a long time because they may still have many bitcoins.The presence of bitcoin can help the current payment system but because bitcoin is decentralized and no government controls it, this is what the government does not like, so several countries have not approved it. But that will not stop bitcoin from becoming more famous in the future so many people will use bitcoin as an investment or other things. So bitcoin will still be around for the next few years, while for decades later, we leave it to bitcoin itself and those who use bitcoin.
A lot of reports I've seen around here state that bitcoin (and most pow coin) use, on average, a higher proportion of waste energy when compared with other areas of electricity use too (especially because they run 24 hours and need to be set up in places with lower rates to be more effective).
I think the is a bit of an issue with pow in that it might incentivise large energy producers to mine themselves and thus might make the network more centralised as a result (there are ways around this, like getting enough individuals to solomine with only a few chips - or just one) but ultimately the power might come back to the energy firms.
(I still consider PoW to be a lot more secure than PoS though and more reasonable of a choice).
I think the is a bit of an issue with pow in that it might incentivise large energy producers to mine themselves and thus might make the network more centralised as a result (there are ways around this, like getting enough individuals to solomine with only a few chips - or just one) but ultimately the power might come back to the energy firms.
(I still consider PoW to be a lot more secure than PoS though and more reasonable of a choice).
It will take time to believe that POS system is equally secure, energy efficient and faster when Ethereum successfully achieves all milestones with predefined time lines & that remains to be seen. I also believe that Bitcoin security system is very secure and it is most decentralized compared to any other crypto currency becuase we have seen any report of bitcoin hacking whereas Ethereum & tokens created on its network had many incidents of hacking. DYOR
Many people told us that bitcoin is dead because of the market crash but it is normal that bitcoin came across to the bottom at first and becomes of the upcoming halving it is now coming into another dump and market crash we know the bitcoin dominance can really hit badly to the coins become dependent on it, that's why always manage to set the different pot for your assets. People will call this dead because they get caught in the market dump and cant withdraw their assets might cause towards to lose more. This is a good opportunity to people to grab the chance to make an accumulation.
Bitcoin never dies, it never will, in my opinion. If you are wondering why, bitcoin is indispensable when there are so many investors and money in it. Its lack of control and decentralization make it an excellent choice.
But many say bitcoin will never die and bitcoin will always exist, but my question nakatomo calculates there are 21 million bitcoins available to users, over the past decade, the number of bitcoins that have been mined has reached 18.5 million bitcoins, while mining activities , investing and trading crypto assets continues, I always think one thing what will happen if bitcoin runs out and when that time will come, can nakotomo make another bitcoin or we will just invest the existing bitcoin. Bitcoin never dies, it never will, in my opinion. If you are wondering why, bitcoin is indispensable when there are so many investors and money in it. Its lack of control and decentralization make it an excellent choice.
It's like you're saying that you could predict the market 100% accurate. Honestly, we couldn't ignore the possibility that it might die, or the right thing to say is to be devalued, though I agree that in the near future, Bitcoin will not reach that state, to be called "dead". It's not even new that people will call bitcoin that way because of the bear market. Every time Bitcoin's price dumps all the way down of half of its ATH, they spread FUDs even though they don't own Bitcoin, how ironic.
Bitcoin never dies, it never will, in my opinion. If you are wondering why, bitcoin is indispensable when there are so many investors and money in it. Its lack of control and decentralization make it an excellent choice.
One should never give up, because only the last key in the bunch can open the lock."
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