this is a great tech that cant really be died easily.It might decrease but it wont come to a point to become useless or doesnt have any value at all.
We have really seen this roller coaster ride for how many years but i dont know why people cant able to withstand the reality and telling things about dying. lol
Agree. Many people are just saying that Bitcoin is dead based only on prices. However, the truth is that Bitcoin is alive and stronger than ever with increased development and innovation. What determines a cryptocurrency's life is the number of people supporting it. AFAIK, there are a lot of nodes and miners supporting the BTC blockchain, as well as, a variety of developers working on the pioneer cryptocurrency. If we base ourselves with the past price declines over time, we'll notice that history repeats itself.
Bitcoin has headed back into the 2013 - 2014 era where prices have declined massively from its $1,000+ ATH. It was only a few years later (in 2017) when Bitcoin's prices started to rise to the moon again. Which is why, there shouldn't be any reason to panic since Bitcoin will be here to stay for a long time. Only newcomers into cryptocurrency would say that Bitcoin is dead, but they're only considering the price in USD and not the real utility and potential of the cryptocurrency.
As for me, I'll be hodling Bitcoin for many years to come. I'm confident that it'll become much more valuable in the future than what it is right now. Besides that, Bitcoin has promising technology and it's the most secure blockchain available today. Therefore, only true believers of Bitcoin and blockchain tech, will hodl their assets no matter what. Just my thoughts