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Topic: Is bitcoin dead? - page 28. (Read 110801 times)

jr. member
Activity: 51
Merit: 10
November 30, 2017, 04:10:29 AM
I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

I read many books/news say bitcoin bubble start to end we reach huge increase level and price will crash next 6 month -2 years .

not know but they make real analysis   
member
Activity: 201
Merit: 10
November 30, 2017, 03:35:49 AM
No as you can see today, a price of a bitcoin is almost $11,000 right? And it is still getting bigger and bigger. I think before 2017 ends, a bitcoin cost $13,000 or nearly $14,000
member
Activity: 332
Merit: 12
November 30, 2017, 03:34:06 AM
your opinion about the decreasing value of btc seems unproven for now, the current btc value is shifting and increasing
Yes, bitcoin can’t die ever, it is an ever living digital currency and is spreading with the speed of light, even people have started to do online shopping using bitcoin rather than any other source of their money. From now bitcoin can’t day but will spread more and more with the increase in its age, its importance will also increase which leads to its intense demand, thus it will become more costly than the present case.
full member
Activity: 413
Merit: 100
November 29, 2017, 07:10:52 PM
No. Bitcoin price is taking a brake. The potential is still enormous, so I would stack up.  Cool

Sometimes we need to brake so that we can think also bitcoin have to brake to plan for the next step, bitcoin organization is just a group of people also that need to think so that all user will be satisfied for the result.
Bitcoin won't dead unless no people trust this one but as long as were here maybe were the one who can make it more alive around the world.
full member
Activity: 434
Merit: 101
November 29, 2017, 06:48:17 PM
From the date this OP was posted, maybe bitcoin seems to be dead but now, it's kicking like crazy as its price hits 11,000 USD. Speculations are true that it will reach a 5-digit value before this year ends and it even happened so early before December starts.
full member
Activity: 434
Merit: 100
November 29, 2017, 06:40:46 PM
I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

Why do you people always thinking that bitcoins are dead? Why are you so bitter about bitcoins? They are not dead and as a matter of fact they have set again another record high in the market with $10k and that is pretty impressing so how can they say that bitcoins are dead if they still continues to pump. That is not a manipulation either that is because of the people who continue to support bitcoins and still buying bitcoins investing in bitcoins and doing transactions in it because that is the thing that cause bitcoins to inflate.
sr. member
Activity: 756
Merit: 252
November 29, 2017, 06:32:15 PM
İ do not want to care your exp
Because your title makes me angry
Btc does not die
İt always get bigger as everbodys support
Your comment is like
Sorry i do not want to define
Acutally there is a posibility that Bitcoin is dead or become worthless even it's very small chance or miners all over the world stop processing transaction of Bitcoin, it will be dead.
Unless they are a bunch of morons they are not going to do that, they could do that and kill bitcoin but if they do that most altcoins will die as well, and what are they going to do with all the money invested in their mining rigs? They are going to face bankruptcy if they did that.
hero member
Activity: 910
Merit: 512
November 29, 2017, 01:33:43 AM
I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

I think bitcoin will not be meati or destroyed, bitcoin technology answers the financial future in the future, by creating technology of payment with digital currency can be more efficient and more secure in the future bitcoin very useful. then it is not possible if bitcoin will die.
If Bitcoin was to die ever it would have already happened. Bitcoin has gone through very tough times and it has not only survived but also increased in its value under all types of situations. This is reality, the future of money lies in crypto currencies.

We all know the best among crypto coins is bitcoin which is also a benchmark for alternative Coin. Plus, the world is in great need of saving forests which will also help in controlling global warming.
newbie
Activity: 13
Merit: 0
November 28, 2017, 02:25:45 PM
Bitcoin is making our existence simpler with regards to deal as well as giving us the opportunity to be rich later on that is why people select bitcoin.
member
Activity: 70
Merit: 10
November 28, 2017, 11:47:06 AM
I wonder when its going to hit $10k  Grin
Bitcoin will not die because of price, I mean asic mining can die because of price but not bitcoin itself. Bitcoin will die if it will not improve (size of blockchain ,etc) , not gain mass adoption and some crypto coin or even more bizzare representation of value comes forward and will look so good that everybody jumps to it. Either way i think crypto is the way to go and even if bitcoin dies it will be because we have something even better.  Smiley
newbie
Activity: 10
Merit: 0
November 28, 2017, 11:45:48 AM
I wonder when its going to hit $10k  Grin
sr. member
Activity: 630
Merit: 251
November 28, 2017, 11:44:05 AM
For me, No because bitcoin is very powerful nowadays. We could predict it that bitcoin will vanished but for sure i will take a long journey to this cryptocurrency. A long the way I'll support this bitcoin and need to hold to make profit. No chances that bitcoin may die easily.
Yeah the bitcoin is very interesting currency and it cannot be die  because the bitcoin has a lot of the features and the point that makes bitcoin different from the other coins. Bitcoin is giving the chance to have the bright future and the income of  bitcoin will be high if the high range investors will invest in bitcoin, so now bitcoin is the best coin and the people are trusting it a lot.
full member
Activity: 680
Merit: 103
November 28, 2017, 06:18:28 AM
I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

No your prediction is wrong dude, as of now november 28, 2017 bitcoin is very very alive  Cheesy. It's been a 2 years when you made this thread and i am very very sure also that you've regret why you made this thread  Cheesy, but still this is only a prediction  Smiley.
newbie
Activity: 19
Merit: 0
November 28, 2017, 01:17:37 AM
I am just surprised at the fact how come a senior member becomes a doomster of Bitcoin! After viewing you post history, I found you have involved a lot in the bitcoin stock investing. Probably you made some loss so you are despaired of it. In crypto world there are a lot of scams, fraudulence etc. It is fully understood that some ppl encounter it and leave.
sr. member
Activity: 434
Merit: 251
November 28, 2017, 01:16:16 AM
Truly bitcoin isn't dead , why? Look the bitcoin value its $1,034.45 per bitcoin. Bitcoin now a days have all the more capable and this year it will turn out to be more strong to the world. I trust cost will reach at $1500-$2000. So purchase more bitcoin and hold up half a month or a month and you will stun in view of the cost and you will be cheerful in light of the fact that you make huge enormous benefit as a result of it. Try not to state the bitcoin is dead .on the off chance that bitcoin turn out to be dead many individuals likewise dead why? Since many individuals the occupation is bitcoin.
full member
Activity: 322
Merit: 100
November 28, 2017, 01:02:39 AM
I concur with you. The odds that bitcoin will pass on is under 0.1% now that many is utilizing it in a consistent schedule contrasted with when OP posted this string. The individuals who are stating bitcoin is dead simply need individuals to freeze offer so they can purchase less expensive. I truly do trust that bitcoin will balance out to a decent cost for a considerable length of time for the individuals who acquire through bitcoin to win more cash. How about we simply keep a watch out what will be the following development of bitcoin's cost however I question that it never achieve 200$ when it dump again.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
November 27, 2017, 09:31:50 AM
short answer no, just a little crisis due to the price being low/many lost huge amount of money because they bought at the peak, taxes being a problem, and other small stuff

just a despair phase that is very long apparently

Thats true, even nowadays bitcoin has been popularized through advertisements , I think bitcoin will soon be adapted by different establishments' systems and this is such a good thing. Bitcoin is still functional and it will still be productive for the next few years.
hero member
Activity: 2870
Merit: 594
November 27, 2017, 09:20:31 AM
what is sure is that while BTC take steps to those difficulties will keep on being an important instrument, I believe it's too soon to state whatever else to the legitimacy or perpetual quality of this, however from what people groups see at the season of composing this, is in spite of the good and bad times it has had still appears to be extremely solid, and is exceptionally inaccessible from what the title says, we should hold up longer to have a clearer definition.
Bitcoin is the currency which is ruling the world economy at the moment and on the verge of becoming legal throughout the world in the coming years. I am pretty sure that bitcoin is going to cross 20k dollars in the next year. Bitcoin is becoming the focus of attention of so many rich people including billionaires etc. and there are many evidences that these people are investing into bitcoin quite much.

I still get a good laugh when I saw threads like this. Bitcoin will not die and its moving to a new direction now. It will touches $10K very soon and it only proves that bitcoin will not die but will continue to grow even more. It a good ride this year for bitcoin but I'm sure that its gonna be better as the year's goes by.

Bitcoin is breaking all-time-high and I'm sure that it 2018, the price could go somewhere along the $20,000 mark. Companies, financial institutions and other sectors can't really deny the impact of bitcoin that's why they are joining the bandwagon as well specially in 2018. If we are ecstatic seeing the price goes to $9000 to $10000, I don't know what will be our reaction when it touches $20000 or above in 2018.
hero member
Activity: 798
Merit: 527
November 27, 2017, 09:07:06 AM
what is sure is that while BTC take steps to those difficulties will keep on being an important instrument, I believe it's too soon to state whatever else to the legitimacy or perpetual quality of this, however from what people groups see at the season of composing this, is in spite of the good and bad times it has had still appears to be extremely solid, and is exceptionally inaccessible from what the title says, we should hold up longer to have a clearer definition.
Bitcoin is the currency which is ruling the world economy at the moment and on the verge of becoming legal throughout the world in the coming years. I am pretty sure that bitcoin is going to cross 20k dollars in the next year. Bitcoin is becoming the focus of attention of so many rich people including billionaires etc. and there are many evidences that these people are investing into bitcoin quite much.
newbie
Activity: 60
Merit: 0
November 24, 2017, 06:50:56 PM
No way, its just a start of the big story, we will see 10k-15k on BTC, and its not max for this great stuff
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