Topic: BTC is Going to "DEAD....!" Need Discussion..... - page 6. (Read 1223 times)
I'm going to teach you a little, when you go up a high mountain, will you reach the peak overnight without a break, so that's how the bitcoin market is, it's currently resting, so just wait for when it will explode, if you compare this 2020 with 2017 is very wrong, take a look at the correct historical order in my thread here https://bitcointalksearch.org/topic/bitcoin-prediction-2020-2021-5043315
If it is that easy for BTC to die, the government at all levels could have embraced such method to stop its existence. We are here for the freedom the blockchain revolution brought and trade on the go for those who have the desire for patience.
You know what's a more healthier discussion? Is about the development of Bitcoin that would help it's user and future users. Stop comparing and discussing the price of Bitcoin in 2017 and the current price since 2017 was the year where Bitcoin was overhyped as an investment by a scammer and the year of airdrops and ICO where it's still a thing full of innovation and not scammers.
Regards
Matrix.Max
(Formally know as Dvyanc)
Sr. Member of Bitcoin Community.
The first Post already enough to answer your question,Because it is over hyped and really revolutionized for a short time.
Until those others that has no knowledge becomes Victim and trapped so they had full out investment and some never try to re invest.
These days we have a healthy and Real market and this is what we need to wait when to Boom again and make way up.
Every time Bitcoin crashes a little bit, newbies think it's the end of the world, Bitcoin is doomed and it's time to dump. Then you all will be very sorry when Bitcoin reaches new heights or just returns to previous levels and a bit higher. Us veteran hodlers have seen 50% crashes and 80% many times, so what happening right now is nothing. You either learn to stay calm on this market or you leave and never return.
Right, this is the trend here in this community, and the thing is, they are all saying that they are a holder, but when the price crashes, they bitch around and complain and ask what's the reason behind the decline.
I guess, this will continue in the next couple of days, and let them panic though, and sell, so that they will learn their lessons the next time bitcoin crashes 50%. Expensive lessons to learn, but it is what it is.
If you were here already during the 2018 crash, I believe that you are not anymore worrying at this moment. The market has no single line, every ups has its down. This is the problem to the newbies because they only want pump but they don`t accept the dumps. If BTC is going to be dead in this year, I think you are wrong with that because adoption is only starting. Cryptocurrency will become more popular in the future and bitcoin will become the main currency soon. Therefore, prices are only the equivalent value of bitcoin but the usage itself will be used by the people.
If you think that bitcoin is a pump that works only in one direction, you will quickly become zero. I just want to say that even when bitcoin keeps a negative path (often of a protracted nature), for professionals, this is the time when you can earn money. You need to understand how the market works and control your actions.
If you were here already during the 2018 crash, I believe that you are not anymore worrying at this moment. The market has no single line, every ups has its down. This is the problem to the newbies because they only want pump but they don`t accept the dumps. If BTC is going to be dead in this year, I think you are wrong with that because adoption is only starting. Cryptocurrency will become more popular in the future and bitcoin will become the main currency soon. Therefore, prices are only the equivalent value of bitcoin but the usage itself will be used by the people.
Every time Bitcoin crashes a little bit, newbies think it's the end of the world, Bitcoin is doomed and it's time to dump.
True story lol.
My eyes would always hurt when I see thread titles like this everytime Btc is having a dip or a correction. These are the same as the weak hands who easily give up their invested Btc once they feel like it's going down in it's worse position.
@OP, this isn't the 2017 where people were so hyped with how Btc is rising rapidly together with the rise of the ICO's and that makes the crypto market boom in a span of just months.
You're a former senior member in this community, you should've known Btc is such a very volatile asset.
going to DEAD ?? WOW...
as long as there are still those who buy and sell Bitcoin, Bitcoin will never die. If you really believe that Bitcoin is going to die then you should just sell yours to me for 50% less than the market price.
as long as there are still those who buy and sell Bitcoin, Bitcoin will never die. If you really believe that Bitcoin is going to die then you should just sell yours to me for 50% less than the market price.
If we embrace 5G and 6G, there is a chance for Bitcoin. But it will take an extreme amount of Hard Drive memory if Bitcoin really goes worldwide. The blockchain is tremendously large right now. If Bitcoin were traded anything like the Forex ($5 trillion per day), can you imagine how large the blockchain would be? Anybody who wanted to run a full node would have to have more than hundreds of Terabytes of space. The Internet couldn't handle the congestion without 5G, and later, 6G.
Many people suggest that 5G is dangerous to our health. And 6G would probably be lots more dangerous. Probably Bitcoin will see a short heyday of power in the near future, but it will die for lack of people as they die from the radiation of 5G and 6G. For those who are ready for this short heyday, Bitcoin just might produce wealth beyond their dreams... for a short while.
Here might be the reason for Bitcoin strength in the near future, even though BTC will probably die later. Go to the site and see the real workings going on in China.
China To "Gradually" Sell 20% Of Its US Treasury Holdings, May Dump It All
Many people suggest that 5G is dangerous to our health. And 6G would probably be lots more dangerous. Probably Bitcoin will see a short heyday of power in the near future, but it will die for lack of people as they die from the radiation of 5G and 6G. For those who are ready for this short heyday, Bitcoin just might produce wealth beyond their dreams... for a short while.
Here might be the reason for Bitcoin strength in the near future, even though BTC will probably die later. Go to the site and see the real workings going on in China.
China To "Gradually" Sell 20% Of Its US Treasury Holdings, May Dump It All
Ever since the early stages of the US-China trade/tech/virus/cold war four years ago, there were frequent rumors - which eventually gave way to increasingly legitimate chatter - that China was looking to go full "nuclear option" by selling some or all of its $1+ trillion of US Treasury securities, which incidentally has not been too far off the mark: as the chart below shows, after peaking in 2013, Chinese holdings of US debt have been steadily declining (and not so steadily in the aftermath of the Chinese devaluation), and are currently near the lowest level in 8 years.
Every time Bitcoin crashes a little bit, newbies think it's the end of the world, Bitcoin is doomed and it's time to dump. Then you all will be very sorry when Bitcoin reaches new heights or just returns to previous levels and a bit higher. Us veteran hodlers have seen 50% crashes and 80% many times, so what happening right now is nothing. You either learn to stay calm on this market or you leave and never return.
I agree - quick sell all your coins now while the price is low. If you ask me nicely, I might even buy them from you to help you out.
Yeah... investing in cryptocurrency or bitcoin is not for feeble mind or impatient people.
I think people are expecting a rapid increase like it happened in 2017. We need to be a little patient for a major bullish trend.
I agree - quick sell all your coins now while the price is low. If you ask me nicely, I might even buy them from you to help you out.
That's the spirit of an optimistic person! But honestly though the fact that BTC is undergoing another drop (which always remember could be much worse) is not a real reason to panic. This has happened so many times before and the frightened investors sold out quick only to realise that have they waited a little longer they would have been in a better position.
But who am I to talk right? The best we can do is keep our cool and take advantage of the dip - create a new opportunity from every other event. That's how you can keep holding it together after seeing this cycle repeat itself several times already.
LOL you did compare the year where the bitcoin was hyped by investors, and at that time bitcoin was the only coin that most people know in the market. You just can say that bitcoin will die, bitcoin will be down or whatever just because the price today is not what you expected. The bitcoin is swimming on a lot of people, speculations that made the bitcoin more balance in volatility, there is no one sided movement for now because every one of us is waiting.
You do have your own choice if you do leave out into this community but dont think that people would have similar impressions or views on what you had mentioned.
History can either nor cant repeat itself and no one knows if it would happen but you cant blame out people or the community not to have his hopes up yet they did already experience
of its potential which it can really reach up heights on where anyone isnt even expecting.
BTC is going to DIE? There are lots of similar threads on this forum do talk about that but look at where we now?
You should understand some things:
1. There are more countries now open towards Bitcoins and other cryptocurrencies
2. Much more people know about it ; to the extent that they are even studied in the universities.
3. Bitcoins even though it achieved all time high in 2017; it's more useful in 2020 due to the Pandemic thus people have pretty positive reviews towards it
4. It's not about the price
Price matters for the people who are in the market only because of profits but for the people whose lifestyle saw a big change due to cryptocurrencies; who are earning part time due to Bitcoins ; its different.
As for me usage is more of a priority compared to price. For me it's more valuable in 2020 ; supporting my family through this pandemic it's something that the government couldn't do.
1. There are more countries now open towards Bitcoins and other cryptocurrencies
2. Much more people know about it ; to the extent that they are even studied in the universities.
3. Bitcoins even though it achieved all time high in 2017; it's more useful in 2020 due to the Pandemic thus people have pretty positive reviews towards it
4. It's not about the price
Price matters for the people who are in the market only because of profits but for the people whose lifestyle saw a big change due to cryptocurrencies; who are earning part time due to Bitcoins ; its different.
As for me usage is more of a priority compared to price. For me it's more valuable in 2020
; supporting my family through this pandemic it's something that the government couldn't do. 
I have lost the number, how many times people tagged bitcoin as dead. Now agains. The price went down for 1k and people already “dead”, “”going to the bottom” and etc.
It is too late to bury bitcoin. Wait till we reach March minimum
It is too late to bury bitcoin. Wait till we reach March minimum
You want a healthy discussion but didn't even mention any analysis or study that says BTC will become dead soon?
The only thing you did is compare a different timeline which is 2017 and 2020. If you really think that bitcoin will be dead soon, selling BTC will be the right move for not understanding how basic economics work.
After the year of 2017, the year of hype of crypto, a lot of stuff happened that was linked to cryptocurrencies, and you didn't even think it was affecting bitcoin? Probably not. The community of cryptocurrency is huge, bitcoin will be not forgotten so easily, and actually, it's the stepping stone for implementing a cashless society. Many platforms are starting to adopt the use of cryptocurrency so how come it'll become dead just because it didn't reach a new ATH this year? Oh c'mon.
The only thing you did is compare a different timeline which is 2017 and 2020. If you really think that bitcoin will be dead soon, selling BTC will be the right move for not understanding how basic economics work.
After the year of 2017, the year of hype of crypto, a lot of stuff happened that was linked to cryptocurrencies, and you didn't even think it was affecting bitcoin? Probably not. The community of cryptocurrency is huge, bitcoin will be not forgotten so easily, and actually, it's the stepping stone for implementing a cashless society. Many platforms are starting to adopt the use of cryptocurrency so how come it'll become dead just because it didn't reach a new ATH this year? Oh c'mon.
If you are closely familiar about Bitcoin then you can realize that Bitcoin is not going to dead so easily.
Here are some points;
1.Bitcoin has the biggest audience in the crypto world.
2.A lot of people here already invests in Bitcoin and they are holding it.(Of course because of some reason)
3. Two years back from now,bitcoin's worth was 16k-20k usd.so, for holding or investment sector patience is very important.
Even in pendamic many people are living by bitcoin.
Here are some points;
1.Bitcoin has the biggest audience in the crypto world.
2.A lot of people here already invests in Bitcoin and they are holding it.(Of course because of some reason)
3. Two years back from now,bitcoin's worth was 16k-20k usd.so, for holding or investment sector patience is very important.
Even in pendamic many people are living by bitcoin.
BTC shot up so high so fast in 2017 because it was overly hyped that even people who don't know a single thing about it just registered a Coinbase account and did a buy order.
So you're question is: "Why.... it is not boost up again.......". Simple, it's because not that much people are buying bitcoin. And if you're not willing to wait for another price rise that's hopefully a lot more sustainable, then go sell your bitcoin. Investing is not for the impatient.
? ? ?
So you're question is: "Why.... it is not boost up again.......". Simple, it's because not that much people are buying bitcoin. And if you're not willing to wait for another price rise that's hopefully a lot more sustainable, then go sell your bitcoin. Investing is not for the impatient.
Regards
Matrix.Max
(Formally know as Dvyanc)
Sr. Member of Bitcoin Community.
Matrix.Max
(Formally know as Dvyanc)
Sr. Member of Bitcoin Community.
? ? ?
Agree with this. Also in 2017 tether was running its own printing machine and there may have been a bit of foul play involved on their part. A lot of that narrative died down since then though. I think they were able to prove they had the funds. Also just like the DeFi craze now, we had the ICO craze back then. Although I won’t rule out a massive price surge towards the end of this year of early next year. All signs seem to be pointing towards it. So maybe you don’t even have to ge *that* patient
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