Most of the people that are talking that way when dips or corrections are happening it's like the end of bitcoin for them. They don't get it why bitcoin needs to go through these dips and they are describing it as something that makes bitcoin dead. Don't take those FUDDers seriously when they keep on saying that bitcoin is dead or it is about to end, they lack of experience when it comes to those times.
Exactly. That usually happens with many people who are new to crypto land, as they believe that a huge decline in price is a result of the coin's death. Most of them just panic sell, while others hold onto their coins for the long term as they believe that Bitcoin has a huge potential of becoming an extremely valuable asset in the future. To determine whenever Bitcoin is dead or not, is if it has enough support from its development team, community, and miners. As long as there is a single node and miner on the network, the cryptocurrency would stay alive.
We have seen that over the course of time, Bitcoin and other cryptocurrencies have experienced a huge increase in user interest from around the world. Nodes have risen, as well as the network hashrate, making it the strongest cryptocurrency in existence today. All of this is sign that Bitcoin is far from becoming dead anytime soon, and will continue to make strides in the mainstream world for years to come. Whenever someone spreads FUD about Bitcoin, its price starts to decline but makes it a huge opportunity to buy coins at cheap rates as it will likely rise back up again in value making profits to most holders. Just my opinion
Only if panic sellers knew, "they only loose if the price they bought for". Meanwhile some are happy with just 10% of profit, they can't seem to get past their little stock-investing game.
It's hard explaining bitcoin investments to a conventional investor, they just don't seem to get it, i wish they would open up their mind more and accept the wide horizon of bitcoin.
as for, Death of bitcoin? it makes me laugh so hard! Crypto-era has just begun, its just a beginning, how can bitcoin die when its just a child, a child with a huge future potential.
As long as freedom of speech exists, an impeccable means of economic freedom won't ever die.