Topic: Bitcoin isn't dying, it's alive. (Read 727 times)

Lamentably very few investors have this levelheaded approach to bitcoin and the markets in general, they instead take the approach of trying to outsmart everyone else by following the tips or insights of others, like influencers and famous investors, and as it is easy it guess those people rarely get any success as they do not really have a clear idea of what they are doing or why, so they end up believing whatever they are told and may believe that bitcoin is dying, when in fact bitcoin is still as solid as ever.

If you have the budget, then buy and hold. Ignore more stabs that jeopardize your aim even if they say another dip is coming. I also can't always ignore the risk of volatility, but as much as possible to be optimistic that this bearish cycle will change to a bullish one in the future. Same goes for your thoughts, and it's only a matter of time until we have something to prove.

He was a person of influence, but he had motives and goals in this industry. There is no need to depend on it, we are who we are and every decision regarding this investment is our sole responsibility.

Yeah, why these people are always with a thought that stands against the bitcoin. Everything have got ups and downs which is the real growth. With bitcoin people weren't able to accept it. When the market crashes it is death and in auch a way bitcoin dies often. People who have understood never take it in such a way.

I couldn't agree with you anymore. We all have our own speculations and that's what matter as long as we know we are equipped with the knowledge needed to read the market's climate and its future, there's certainly no need to rely on this Billionaires especially Elon Musk as we already know their motive why they're saying like this and that, surely, that's because they are planning to get advantage of the situation to their own benefit.

The important thing is that we know that bitcoin will recover because as history suggests, bitcoin will always recover no matter the challenge. Just like what you've said, there's really no need to rush for things especially if we're in for the long-term hodling. Just sit tight and watch until the market recovers.

You would soon realize with those mistakes that you have done because you would be seeing for yourself on how Bitcoin do able to recover out and making such comeback.Come to think that we are dealing on an

unpredictable market which it would really be normal that those prices would really be going up and down which you would realize for yourself that it wont be something to be over.
This is why you would really be that able to realize thats not how things works and you would really be able to blame yourself on why you had such assumption.
You cant really be that able to avoid those impulsive emotions which is understandable but you shouldnt tolerate that.

I don't know how people under any Moorish and intellectual authority can say and affirm that bitcoin is dying, and they are people of great respect and who have a lot of empathy with their followers for being gentlemen with great intelligence, but the fact that people can make a difference by saying that bitcoin is worthless, when they are closing the doors to people who don't know much about investments and about how to solve their own bonds, I have a friend who is a housewife, she cleans houses at home, she I said to buy bitcoin and she did, and the price has dropped, but she doesn't tell me that she's sorry, I made her believe in bitcoin and that she had to wait for the best times that will come in a moment.

Having some sort of rich person end up being interested doesn't matter. I do not need Elon to tell me it's great to know it's great, neither need Warren Buffet to tell me it's too dangerous to know the risks neither. I am capable of making these calculations myself and I am fine with it and I am happy about it as well.

There is absolutely no need to make any kind of profit at all right now at all because I am in no rush neither, I know it's alive, I know it's injured or whatever you want to call it with this analogy right now but I also know it will heal and get better with time. Time is the only thing we need, time is the only thing we can't buy and that's why it matters so much.

Bitcoin has never been and will never be in a situation where it needs to be bailed out. this is an obvious fact. and no action is needed because it is not facing a crisis, don't make the mistake of assuming that because there are people losing money with their bitcoin investments that this is somehow a problem for bitcoin, it is a problem for bitcoin buyers not taking into account that they could lose money or being too impatient to let bitcoin do its job and eventually reassess, bitcoin is as strong and solid as it has always been and nothing needs to be done about it.

Bitcoin is run by a community that is formed over a period of decade. People like Musk make fun of Bitcoin in the start and when they see an opportunity in Bitcoin they are jumping in. It up to the bitcoin community that how they respond to such opportunits, we are in position to either make or break them. IMO the bitcoin community is the one that gave too much importance to Musk and that's his sole reason of success in the bitcoin market. I guess its a matter of time when we will see maturity in bitcoin community.    

That's quite true because same thing happened in the previous years when we experience a bear market. Many projects died in that bear market just as we have experience in this one as well. More project are still going to die because soon the focus will be shifted from all the trending topics now to other things and project that can adjust will be left behind which is why we are advise against investing in altcoins at the moment.
All the Metaverse and NFT projects would lose its momentum as new trends will be introduced and people will shift attention to them. Altcoins that do well are those that are in the side of a trend. For example when Defi was the trend, majority of the projects in that sector did very well and same thing will repeat itself when we have gone passed the bear Market.
Bitcoin is the only coin that can give you profit in any trend of the market so we should stick to it and accumulate as many coins as we can get now that the price is selling at a discounted price. Soon this price will be a thing of the past.

Bitcoin exists and continues to grow in popularity and universal acceptance. To have enough trust in Bitcoin, accumulating and holding Bitcoin is a good choice at present. Due to Bitcoin halving and demand for it, its value will continue to grow in the future.

Giving up when it is already so low is not really a good idea and investors who do something like that should definitely stay away and not get back in. Right now is not the time to give up, if you give up now then the whales would win and you would lose a lot of money.

I can see plenty of whales buying millions, combine them all and it's hundreds of millions of dollars bought this year on the bear market. Because they know that they could make so much more money this way instead of just keep hoping that they would make more if they sell now and buy later on. Do not wait for it to go down more, buy now and hold as long as you possibly could so you could make a profit.

I understand how they feel, especially newcomers but I know they will overcome that situation and still have faith in Bitcoin. This is not the first we have a hard time with crypto which is why we don't have to give up and think negatively for this will soon get over and turn bullish once again. As long as we still hold our Bitcoin, nothing will lose on us but if we sell them because we are warry with the future condition of the market, that was really a big mistake ever made.

Why do we rely on Elon Musk my friend? I mean we already know what is Bitcoin capable of . So no big whales are required to make us understand about Bitcoins. These whales only use the followers for their own benefits and later on yield profit from it. Bitcoin follows a 4 year cycle to be specific. So 2023 will be definitely big for Bitcoins. We just need to have patience and don’t lose hope. Buy as many Bitcoins as you can in this bear market and yield profits later on when BTC catches the pace.

Yes, the bear market won't last forever, but not everything will return to normal. I think only bitcoin and some altcoins will recover, the rest will disappear forever and be replaced with new ones. If you are holding bitcoin, then just hold and don't sell at all costs you will be fine when the market recovers. But if your assets are in altcoins, I'm not sure you're fine, many altcoins will never recover, and your loss will never be recovered.

Expect that dumps will came especially the price is soaring high and it past to its last ATH since for sure many people will be in rush to sell their holdings to secure their profits. This scenario can affect the market so we need to have self contentment so that we will not greedy for wanting for more money out of more pumps to come since there are times that reversal will came which can affect badly to those newbies who get greedy about some pumps they look forward.

We can't call the market in a normal situation if the price is high, a dump can be considered as well knowing the fact that the market is volatile. We are still in the normal condition of the market, we have two market cycles - bearish and bullish market. If we understand the nature of the market, we gonna be aware also that not all the time we are in a bullish trend, drops are really possible. That is why we can never say Bitcoin is dying, it was just a correction and it turn high again someday.

Many people panic because they don't want to see what they have invested but the value falls along with changing conditions.
But if they can have peace of mind in investing in bitcoin, they won't panic and will see it as an opportunity to increase their bitcoin amount again.
It requires more experience to overcome momentary panic.
If we keep trying to overcome it, we can stay calm.
And now, those who have invested in bitcoin are trying to survive this current condition and keep buying more bitcoins for us to sell at the next highest price.

I dont know, but it's inappropriate to say that bitcoin is dying just because the prices went down for it. No asset is dead unless and until is completely discontinued from the market  circulation. I mean if you and I completely discard usage of bitcoin then also bitcoin will continue to Survive All the transactions, data about its confirmation and hashes will still be there on the blockchain. That was the whole point of it. It's based on a public ledger, we have proof of work embedded everywhere on the devices through the internet. It's highly impossible that it will be dead. If you compare it with the price then obviously it can go to zero if there is no one to buy bitcoin.
However, there will always be someone who is buying and selling bitcoin. Lets not forget how much bitcoins are in possession of Satoshi. You wanna wake up the Kraken?

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.

yes, I agree with your opinion, and indeed, in my opinion, most people always have the nature of panic in investing, even though the presence of panic is what makes that person wretched. so actually investing in bitcoin is quite easy, that is, if we are strong enough to hold on, we will definitely win. but of course to endure is a difficult thing, because I used to have the experience of being a panicked person.

When people are experimenting a difficult time on their lives they try to find fault on something or someone else, so instead of admitting their own flaws and the mistakes that lead them to lose their money those people prefer instead to blame bitcoin, after all if bitcoin itself is what is failing then they can avoid taking the blame as in their minds they were deceived in some way or form, however we know how such stories end, bitcoin eventually will recover and those people will have no one to blame but themselves for the losses they are suffering.

The market is completely unpredictable and the same makes more of its investors land in loss. This is quite common with every form of investment. The economic condition prevailing around the world too a reason why people suffer much. It is common to see bitcoin is dead, only the proper understanding about the market will keep them on the right track.

If you know how the market works for Bitcoin then you will understand why did all of these things are happening. You can all call I different names but it won't change the fact that Satoshi made a great innovative invention in the history. I've read a lot of "Bitcoin is dead" threads but they were all the same an investors having a significant losses and because they can't take it, they pushed the blame to the Bitcoin. It's okay if you have lost a lot in the past but make sure you always remember those mistakes and learn from them not make them as an inspiration to blame it.

The demand of bitcoin can only determine if the bitcoin is dying or still the investors are interested in investing in bitcoin. People usually judge that the bitcoin prices dying in the bear market and they think that the bitcoin is over which is actually not a reality.

Also people want to spend bitcoin in day to day transactions but the problem is that there are not many options available and also they fear the legal actions been taken against them if they use bitcoin as a payment method which is  not allowed by many governments.

Only haters will say that Bitcoin is dying. we are not part of them. we all believe in Bitcoin, not a blind belief but we trust Bitcoin as we see the journey of Bitcoin so far. Nothing to dramatically worry. this may becomes one of the reminders to be more careful. But, nothing to worry at all. Bitcoin is experiencing bearish era, so does altcoins. Once in the bullish era, Bitcoin will rise up again. Just be patient as you said.

There will always be dips, but that doesn't mean it's dead. of course there will be dips, even long-term dips, but in the long run, I think we're just getting started. and it's important to remember that we're going through difficult times like the lockdown and the global economic crisis. and is there anything better we can replace bitcoin with right now? everything will be fine at some point, it just needs time

I also believe bitcoin will hit 1 million in the future and that's why I won't sell any of my bitcoins even in the upcoming 2024 bull season.Bitcoin will never die, it only dies when our need is gone but that will never happen because of the profit it gives us, we will not stop using it. The lower the bitcoin price, it's our chance, don't be afraid to take advantage of it.

Since bitcoin got its highest price of $ 67K in 2021, slowly bitcoin seemed to crash and fell to the current price level of $ 16K, you can imagine how much loss we would get if one of us bought bitcoin when ATH happened, but I think few of us are really feeling hopeless right now even though there are some of us who may have lost a lot of assets on the market, the decline in bitcoin that has occurred has forced us to continue to hold back at least until the price really recovers, even though I don't have many bitcoins but I personally still keep believing that bitcoin will triumph again so that's why I will continue to hold bitcoin.

You have to understand that there is difference between bitcoin and the price of Bitcoin. What is happening is that the cryptocurrency industry is in the bear trend which means that almost every project is running on the red lane.

After the bear comes the bull. It could be after the halving but what happened is that the price keeps fluctuating according to demand and supply. But 1 btc = 1btc.

The best anyone could do for themselves is to buy a lot of Bitcoin now that it's low by the first quarter of 2024 another set of millionaires in Dollar will emerge.

for sure bitcoin is not dying. only price going down if we look at the history of bitcoin. the price of bitcoin always gone 10 time high after every four years because of halving of bitcoin and after that the price gone down. this time it also gone down but it will go up in 2024. bitcoin will never die it will be alive for life time This time the price will be incease to 1 million.

Bitcoin has existed and will always exist. To continue to believe in BTC, invest and accumulate as much as possible during the bear market, and the price will definitely get higher and higher as the supply decreases. Funding will double after crypto winter is over.

Can we just have a bitcoin moment we used to have like the days Elon and other Institutional investors weren't here, it is hard to see bitcoin updates associated with one or two influencial person which is really bad, if you come to bitcoin because you like someone, I'm sorry to say that bitcoin is not for you.
Elon has literally sold almost his bitcoin, I don't know why he still runs his mouth to drag bitcoin even when MicroStrategy owns more bitcoin than him, they added about 2,500 today and you hardly see them tweet unnecessary tweets for bitcoin, he has had his time, he should rest. I don't blame him, they sold one of the biggest bitcoin platform for him to run his mouth like tap.

Bitcoin Is Undead. It's neither living nor dying.

It's just a financial zombie that keeps moving forward regardless of what the world around us does.

The price and speculators are all noise. The signal is the block height and with each new block that gets mined, we move one block closer to the next halving and one step closer to hyperbitcoinization.

If you just focus on growing your own stack in any way that you can, then we will eventually buy up all of the coins on exchanges and the true price for bitcoin will be revealed when all of the exchanges are exposed as insolvent.

Just stay humble and stack sats. That's all we have to do to win.

it is the moment you have been waiting for once every 4 years when the market is bullish again and reaches the latest ATH. Moment Halving is a moment that will provide many benefits. The price of bitcoin right now is probably still very cheap, holding it from now until the next halving occurs, I think will provide many benefits. Holding Bitcoin and some of the top altcoins would probably be a good recommendation, but it should be noted that the selected altcoins really have to be researched to find out their progress and use money that is ready to lose because the risks are also greater.

Bitcoin is indeed growing. Don't look at the price, as that is not indicative of the growth or lack-thereof.
Whilst many people will argue against the indicator below, I always look at transaction volume growth for new systems as good short-term indicator (2 years) to understand if the technology is growing or not. So Bitcoin is not going to be dead, it’s alive

Factors that affect Bitcoins are:

1. Media influence.
2. Government Regulations.
3. BTC demand & supply.
4. Stability of the BTC network.

Now, we have already seen the effects of Media influence & Government regulations, although they are short lived.
BTC network has been stable so far and I do not see its bubble being burst in the near future.
And the demand & supply has increased tremendously in the past 6 months.
Understanding these 4 factors and staying updated on such trends can make you a better BTC trader. You can easily analyse when the prices are going to fall or rise on your own.
And BTC will be alive as of now and in the near future.

Of course, Bitcoin is well alive, and it would not die because it is the revolution we have been waiting for in payment solutions. The coin would always have its challenges, some of which have been witnessed in full in the past, yet the coin remains standing firm. All I believe is that it has its dynamism at which it moves, and it loves to observe some sort of cycle that might be unable to be perfectly explained.

Above all, it must have hit the bottom of its bearish leg now, the bullish leg that would last for over 1.5 years would soon start. The anticipated global economic recovery would help it further.

You may be right, most of us come to bitcoin for profit, not for the technology that bitcoin gives us. If bitcoin didn't volatility or didn't rise in price, a lot of people would give it up. But with people just trying to buy and not sell or not use them at the moment, it shows that there is a huge demand for bitcoin holdings. As long as more people know about bitcoin and the demand increases while the supply is limited, the price increase is unstoppable. Bitcoin price will continue to increase in the future.

I will tend to agree that Bitcoin will never be here and still be valuable forever but I see this is not the main reason to say it was the end of its journey. I was very optimistic about it because of my experience in the last bear season where I even say it was one of the worse scenarios in the market. But I'd never give up trusting this project nor I was afraid of the future because I was ready to face the crisis the same thing I did in the past.
Elon Musk is even saying the rise is coming, I guess that was true.

Nobody holds bitcoin to death, just because we're in a bear market people don't use it but when the bull market comes everyone is profitable you will see bitcoin used a lot. It's stupid to hold bitcoin without selling under any circumstances, we are here for profit, not looking for poverty. Sell your bitcoins when you reach your goal. Bitcoins are useless if they are just left in the wallet and not used.

no one knows where bitcoin will go in the end, will it survive or will it continue to decline and the trend will fade,
with complete trust in bitcoin it will all exist and survive. it's true what you said holding bitcoins to the maximum value is the best right now,
lastly, why do you believe in elon musk as a determinant of the value of bitcoin, all of that is not affected by elon, but the current price is because the world is in a crisis so people are selling assets for the sake of future survival

I agree, unless we are still at profit where we can sold our holdings at a profit and buy again when the market crash, we must hodl when the market is crashing.  When we see the value of BTC crashing, as long as we don't sell, we only see paper loss which can be recovered when Bitcoin price surge again.



Not soon, I think we can see the sign of Bitcoin bull either 4th quarter of 2023 or 1st quarter of2024, some months before the halving.

That’s not entirely true though it’s theoretical accurate judging from the white paper and the vision of Satoshi Nakamoto but in reality the problem remains that people in the bitcoin community do not like spending their bitcoins or use them to pay for products/services. Everyone is bent on hodling their bitcoins till they drop dead. It’s now a thing of pride to be able to hodl through the bearish and bullish markets. To be honest I think we need more people like Lazlo for bitcoin to reach that breaking point.

When the price of bitcoin was targeted to the new price of 100k dollars, the price of bitcoin was reduced below 40k dollars. With some time period, the price of bitcoin reduced below the 20k dollars. It also get below the value of 16k dollars. Many dump happens in the market, now the market of bitcoin was pump to new value. Panic selling is not a good option at bear and bull market. So we need to hold the bitcoin at the critical situation, even when the price of bitcoin at the dump.

Who told to ignore bitcoins from your portfolio what am I saying is don't get influenced by the popular business man like Elon Musk and who knows maybe next day he will make a tweet like " Oh no its bit higher than what it is supposed to be" and he did that kind of tweets in the past so its his pump and dump strategy so don't fall prey for his trap is my suggestion.

Holding is a good suggestion that must be applied when the market continues to fall, panic will not solve the problem, panic will only make our assets disappear when selling at low prices and of course, it will be detrimental. This bearish 6 month has been a sign that bitcoin will hit a bull market again soon. Whoever becomes a diamond hand by holding on as hard as he can gets a lot of benefits. the $100k target as the OP said is not wrong, it's entirely doable or not, but I believe bitcoin is over $100k.

Elon Musk said what , the market downtrend condition and all the Fud that comes with it shouldn't be a surprise to anyone that has been paying attention to all previous market circles. Yes, Elon once had a strong influence on the market at a point but I really don't see that much effect going forward, and which middle of the year are you talking about? I am guessing 2023 and could even be above that. The bottom line is, Bitcoin will definitely recover whether it will take the previous four-year circle or less is unsure.

I believe the op's expectations of $30-40 by the middle of next year are reasonable, as well as the eventual $100k target. There is no guarantee that this will happen, but it's realistic, given that the bear market has been going on for a while and more than 6 months from now is a big amount of time.
I do also agree with buwaytress that spenders matter because they legitimize Bitcoin as money, show that it is used this way. So we should never tell people who want to spend BTC (not panic sell BTC) during the bear market that they shouldn't.
But hodling instead of panic selling is a good advice.

It is facing a lot of challenges.

A) Theft by exchanges goes on and on and on.
B) Will second layer scaling kill off mining on first layer?
C) Will doge which never runs out of rewards win out down the road.
D) Will a CBDC kill it off?

c and d are worse problems than A or B

but if you understand doge does 10 blocks for every 1 block btc does. If you understand doge could go the route of block size expansion you see that doge can do 1600 transactions for every one btc does.

This could mean a guy like Musk routs for either one as thry are the two biggest pow coins out there.

I fear CBDC done by USA true dollar backed or CBDC Euro backed quite a bit.

Sooner or later A) will be fixed

or we end up with D)

Right, amount of transactions is probably the better metric to measure. Potentially, only from unique addresses, which would suggest the amount of use we're getting out of Bitcoin. Obviously, we've got a lot of users that like to hold their coins though, so the transaction count isn't perfect either. However, as long as the transaction count is increasing, it would suggest higher amounts of adoption.

Ideally though, you'd compare multiple statistics together to get an idea of how well Bitcoin is doing. Although, I'd argue that Bitcoin has already achieved it's goal, and is perfectly healthy, and the price is no indication of its use.

I get annoyed whenever I see people saying bitcoin is about to die just because bitcoin is dumping, the only people I think that should be complaining are only newbies just joining the crypto space, and I don't think they should also complain because they should have done research before joining crypto.
Bitcoin have been in existence since 2009, bitcon have experienced lot's of dump, so I don't think anything is wrong with the current dump which we are experiencing. we don't just expect bitcoin to be pumping without any correction, i believe the current dump in Cryptocurrency space is just temporary, anybody that's trying to buy bitcoin should learn about bitcoin first before investing, if you believe bitcoin is going to die, then don't invest.

Only Elon isn't able to change the flow of crypto currency. I'm agree with you that he is a cleaver business man who wants his benefits only. But at this stage, people are understanding his strategies. In this digital world, we have to think about digital currency and Bitcoin is the leader. It's not wiser decision to regret Bitcoin now.

Stop being stupid, Elon is nothing but a crazy business man so all he is looking for will be more beneficial to him nor others so don't make your decision especially financial based with influence of someone. Do it only if you're ready to face the circumstances and FYI, bitcoin isn't dying and won't be but what I am saying is the history just repeating not because of Elon Musk.

the main issue for some is this

a. those already holding want huge spikes. and then want to find someone to buy it off them at the peak

b. they advertise it to newbies as a get rick quick scheme

c. they sell to newbies at the peak.

d. the newbies think that the current peak will re-peak in just a few months

reality is they see the correction from the premium back down to the value line where its meant to be supported
..

heck in 2012-13 i liked to pump and dump too on btc-e, it was fun and profitable, not gonna lie

however since then i have tried to do the correct thing. tell people to buy low sell high and hoard in the middle
i dont advertise bitcoin as a get rich quick scheme. i instead tell them about the long term retirement plan version. the "hodl" "stack sats" scenario as some call it now

bitcoins longevity is far longer than peoples lives (2140+)

those trying to compare it to tulips. need to realise that even 300 years later people still buy tulips.. (go to any garden center and see thme for sale)
businesses make profit even now selling tulips. so forget the ATH of 300 years ago, which no one now ever personally experienced.
ATH are meaningless in the grand scheme of things. temporary events, not the sustained value bottoms.. also. tulips are not limited supply asset. so no comparison

instead look at markets today and opportunities today to buy cheap and sell for profit later of a deflationary asset that WILL buy you more baked beans and bread and potato chips when you are older

Just a cycle but those whining instances are just something. One reason why did not buy and regret it afterwards is simply because they are tangled with responsibilities.They cannot risk their money although they are seeking and wanting profit  I've been there; the only thing remained are my regrets. So let us all be kind to them still. They might sound noidy but their tantrums are because they cannot simply do what they want from considering ither things or other people, which is valid. Buying right now, in the first place, won't guarantee you profit after 1 month and there are just people who cannot lose that much even if they are interested with thr idea of investments.

I like how you put it better. Bitcoin isn’t going anywhere, it’s only the weak hands that are leaving the market and are making a lot of noise about it. Five years from today, we will be seeing a repeat of comments by people whining about why they didn’t buy bitcoin at 17k$. It’s funny cause I know for a fact that newbies rushed in during the bullish season last year and even bought bitcoins at 45k, 50k, 55k without breaking a sweat, now they have the chance to buy at the bottom but are surprisingly scared to buy the dip.

Anyone that understands what he or she is into about bitcoin then am sure such persons have no reason to be frightened about the recent downs in the price of bitcoin, if you have much money I'll advise to see this as opportunity to invest for a long investment as the price is sure to up turn higher and higher, all we just need right now is patient and patient only.

the plebs that are still left, know that it continues to grow value by the day & it's supply is shrinking fast - from someone who uses Bitcoin a lot - it's never been easier to transact & secure.

most people aren't very bright - the market value is merely a reflection of that.

the tide will shift again - smart money is buying up big now.

boom & bust cycles - longterm number go up

It's alive after every dump and even if loose it's huge percentage like 70-80% btc has potential to rise up again and shutting all the trolls who just print out obituaries for it whenever there is price dips in the market.We need to realise that the whole market suffers in bearish trend and those shitcoins will never rise up again but bitcoin will grow even stronger as there is demand and utility for it in the market but only if you understand it's importance and long term holding.

There are always many who remind me when the bitcoin price is dying and they say "bitcoin will not die" I know this will not die even though the price continues to lower for me this is just a fear that they experience so they always strengthen themselves even though we never imagined bitcoin would die it will develop even more in the future.
Well, what you have to ask is how much do you survive in this gripping bearish condition because it won't take a little time or even longer that you feel all the time before the bullish season comes again, obstacles and mentality must be prepared and one more thing, take care of our finances so that we don't disrupt our investment in bitcoin.

Musk isn't a true believer of Bitcoin and I agree totally with that and it is really truly that Bitcoin has gone passed the stage of having any meaningful impact over tweet made by celebrities.
I doubt if Satoshi even has any great impact on Bitcoin directly as the founder because of the decentralized nature of Bitcoin.
Bitcoin has come to stay and that is why is the most preferred coin and crypto generally accepted .
Bitcoin in the past has witnessed a whole lot of ups and downs and also risen to over $60k and just as every other currency and assets, the price of Bitcoin is also determined by the supply and demand of it and as a believer all we have to do is to continue holding and not panic.

Yes, I watched a financial discussion on the morning show a few days ago ...and the financial advisor said.. most financial instruments are struggling at the moment, but it is the best time to buy.

He said in the last decade, we have seen only a few times when the global markets dipped like this... example : Post 9-11 / Financial crisis  / Post Covid pandemic / Russia & Ukraine War.

So you have a choice.... Buy stocks or shares or Fiat on Forex markets OR buy cheap bitcoins. Which one do you think, have the most potential to recover the most. 

I'm not going to talk about bitcoin's $100k target but I also find it funny that when bitcoin is at $16k and people say it's dying, maybe people don't know the concept of the word dead. Bitcoin's existence depends on our needs, as long as we still use it daily, it will always exist even if bitcoin drops below $100. Bitcoin has been around for 13 years and will continue to exist, I dare say bitcoin will not die, only investors who don't believe in bitcoin will leave the market. Don't ask how long bitcoin will last, ask how long you will stay in the market.

Of course it isn't dying. But every time bitcoin starts to drop, people start saying that bitcoin is dead. It is those same people who never invested in bitcoin or those who invested in bitcoin to get rich over night but ended up selling at loss. And then there are people that had the opportunity to invest but didn't and now they like to spread FUDs out of bitterness and spite. Bear market isn't something new. Keep holding and invest as much as you can during the bear market and you won't regret a thing!

bitcoin, of course, will surely live as long there still is, enthusiasts, buyers and holders. so if someone says bitcoin is dead it is very wrong.

but this time we have to defend the bitcoins that we have so that we become winners in the future. because usually people who can't stand it will definitely lose. but if we hold tight, we will surely win.and will reap the fruit of our labor. but to hold and hold the strong
Of course it's not easy, especially for beginners.

This might not be updated but how many times where Bitcoin told to be dead?
https://99bitcoins.com/bitcoin-obituaries/

From Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times

People would normally be saying up these lines when on extreme doubt and fear basing up on what
they are currently experiencing.So its not something new imho.

I do not think its fair to say that the current price of bitcoin is a referendum on its "survival". If you have been following bitcoin for relatively short time, you might feel as if everything is going downhill. The price keeps falling, and as a result, fewer people are using it. Bitcoin, then, is dying, right? Not quite. Although the price of bitcoin does indicate how well bitcoin is doing, it's not the only indicator, and probably not even the best one.

Lol I find it funny that this is even a valid topic. How does the current price of bitcoin determine if bitcoin is dying or not? Bitcoin is a volatile currency, the price has never been stable. There have been worse bearish seasons in the past and we recovered from it and went up to 60k$. No one was making such comments when the market was high, check the wall observer thread we were all anticipating bitcoin at 100k$. That didn’t happen, we still believe it will happen though.

try occasionally removing the word Elon musk from bitcoin, to be honest sometimes my eyes get tired reading it. because the price of bitcoin will not be affected by anyone. (sorry oot)

btw you said the price goes down gradually and saves wastage by holding bitcoins. I think the gradual decline in price is a good opportunity to buy and collect bitcoins at a low price and hold onto them until the bulls roll in.

Relax, people are not going to understand no matter what you say, the chickens are going to go out of the market for sure, and only then there is going to be an actual boom in the market till then we are going to struggle in these areas only, and these chickens will then come back when we are at the all-time high to say that we sold at this much otherwise we would have become this much rich. It requires really big guts to go through the crypto winter, not because prices can go very low, but because they can stay low for pretty long and much longer than what you expect.

Bitcoin does not need to be saved because it is not facing a crisis, do not make the mistake to assume that because there are people losing money with their bitcoin investments that somehow this is a problem for bitcoin, this is a problem for those that bought bitcoin not taking into account that they could lose money or that they are too impatient to let bitcoin do its thing and eventually reevaluate, bitcoin is as strong and as solid as it has always been and nothing needs to be done about it.

No one knows on where it would be heading and no one really knows on what the future looks like.If you do really have trust towards Bitcoin then it would really be your choice whether you would be risking on accumulating it or you would really be just skipping it because you are just afraid?
Bitcoin had died many times already but eventually we are still here and currently up and running.It wont die as long it does have the support on which it could really still make out
those recovery.
This is where risk taking would take place on which it will vary on each person because not all could really be able to take risk on such manner specially if they are
really that seeing or experience long crypto winter.This is a matter of choice and a matter of on how much you do believe on it.
There's no assurance about tomorrow but we arent blind on not to see its potential.

Bitcoin was affected by many negative events this year, which led to a drop in its price to $16,000, and because of the FUD that afflicted investors after the collapse of the FTX platform and they were forced to panic sell at a loss and leave the market. Investing in bitcoin requires patience, trust, and not worrying, its price may pump at the end of winter or next year and it may reach more than $40,000. It is only a matter of time, so all we have to do is HODL bitcoin and never sell at all costs because the results of that holding will really be worth all this waiting. Just be optimistic. Bitcoin is not dead yet and it never will be.

Kinda got lost in the Elon Musk twitter mix, but do you really think we all "save Bitcoin" simply by holding it?

Spenders are the real unsung heroes. Giving and proving Bitcoin's everlasting use as a payment method. Yeah, it's a store of value, but the truth of that only holds in the long term. Which is fine and great, but many other shitcoins tried that and failed, because zero utility backing that holding simply doesn't work.

Bitcoin, like other crypto, is bound to go low at some point. It's the "king of crypto" due to how high it went. But there isn't exactly a figure Bitcoin is supposed to get to. We're merely just hoping goes up for our own benefits.
What's the figure it should get to in order to be considered "alive" or "dead". It's merely rising and falling.

Let's stop using Elon Musk as a reference to the situation of the market. Yes, his words sometimes are relevant but the obvious thing is that we're in a bear market and the situation isn't really good when it comes to these times. And bitcoin has been told hundred times that it's dead and that doesn't make sense because it recovers no matter how harsh the words are that we see from celebrities, bearish popular people, and the media. It ain't dying and just wait a couple of years and everyone will see how it surpasses back to its former all-time high.

If you keep focusing on a single person being the cause of BTC's bear and bull market then you think of this as a centralized platform. Elon Musk may say this and that, but not everything he says should be taken literally.
BTC brings freedom to it's users. If you focus on one person for it's price movements, then you are just an investor who wants to double their money.
Keep believing on BTC and you will see what can it do in the future.

....or it could continue down. Save your money by selling instead.

Yes Bitcoin is truly alive, just look at the volume traded and exchanged.  It's the same shit every crypto winter, oh Bitcoin is dead, crypto is finally done and while the FUD is being spread, a lot of these same institutions helping spreading FUD are accumulating.  Then once the winter is over, FOMO kicks in hard.

There have been a lot of speculations and predictions about the price of Bitcoin in this bear market season. Most of them a based on assumptions and not backed by facts. Elon Musk's comments are irrelevant because he is not a true Bitcoin believer. Bitcoin has passed the stage where tweets or comments from celebrates like Musk would have a meaningful impact on its price. Bitcoin is gradually becoming independent from external forces. Like you rightly said, our responsibility as true believers of this great cryptocurrency is to keep hodling until we come to the end of this challenging period. If I have extra money, I would take advantage of the low price and invest more on Bitcoin.    

Let's take it from the real sense with real life approach that when we call bitcoin as a volatile currency and still yet what determines this volatility is base on its demand and supply market and it's working perfectly fine according to these as written from the whitepaper and it concensus protocols with blockchain and has never cease from its participation from the role it's expected to olay as a currency over the years, people use it to make purchases of goods and services with bitcoin and has continue to serve as an exchange medium yet being a currency but i wonder some people raising uncertainty alarm whenever it goes dip causing fear, isn't it better to refer them to where it has started from and where we are currently to consider the difference between bitcoin and other cryptocurrencies and why bitcoin is the most preferred cryptocurrency on the internet, high volatility or bear moves in bitcoin price does not amount to it failure but rather it pattern to move ahead with time.

ok you say its going down.. as if there is a magic number high up where bitcoin should be at.. sustainably..
i dare you to tell me this

i know you personally probably want $30k-$40k.. because with all investors they all want to "double my money please" so they shout out a hope number of what they think bitcoin should be at . because thats their exit price they want to leave the asset... but that hope number is not the whole market number of real value. its the speculation random number pick of the week.
some that bought in at $50k wanted their hope number of a $100k to appear soon after..

as for choosing a number that has hit in the past as the "value number"
bitcoins value and sustainable level is NOT the all time high.

the speculative market of an all time high is its PREMIUM. where no one wants to buy it any more. at that precise day

fish do not live at the tip of a tsunami wave.. they live at sea level

cattle do not live at the top of an erupting volcano. they live at ground level

bitcoins value and sustained store of value is at the ground level

if you loon at the periodic ground level of the fundementals of bitcoin cycles (halving events(4 years)) you notice the lows of 2022 are higher then the lows of 2018
or more precisely 2022 ground level low is higher then 2016 low which was higher than 2012 low

the correction from a temporary tsunami,volcanic eruptions. is just that the correction back to value.

we are currently testing new ground at a ground level thats higher than previous ground/sea level.
each cycle/periodically the ground /sea level rises.

yes enjoy the waves and eruptions. just dont try living up there. ride the waves and quakes. just dont get burned or drowned at the tops

be happy that the sea/ground is alive and levels up periodically.

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.