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Topic: Is bitcoin dead? - page 29. (Read 110801 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 24, 2017, 06:25:11 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.
Bitcoin is still alive but there are still chances that bitcoin might die because as the years goes by, there is always a threat that is being created by the other developers and if someday that there will be a great competitor for bitcoin then it will just lead for bitcoin for being abandoned and sooner than later it will result for bitcoin's death.
member
Activity: 308
Merit: 10
November 24, 2017, 06:03:24 AM
Everyday we see more people are becoming familiar with bitcoin.Bitcoin is not dead .Its just on begining of his life.
newbie
Activity: 42
Merit: 0
November 24, 2017, 03:22:37 AM
bitcoin is becoming more important to users and is growing day by day
full member
Activity: 476
Merit: 100
November 24, 2017, 03:20:34 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.
newbie
Activity: 57
Merit: 0
November 24, 2017, 03:18:23 AM
Bitcoin price will grow a lot more than now! This is because the offer is smaller than the ask. And guess what's gonna happen when it will be accessible for more people...!!
full member
Activity: 462
Merit: 100
November 24, 2017, 03:11:03 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?

bitcoin die? am i not misread? I think this is impossible because bitcoin is a digital currency developed for the future so that it can reduce paper money and can make trees in the forest safe because wood is not too important anymore to make paper money. the future will use digital currencies like bitcoins.
member
Activity: 74
Merit: 10
November 24, 2017, 02:57:21 AM
I humbly disagree with your assumptions and conclusions. Though, it is a fact that Bitcoin price has plunged in recent months, but it is however pertinent to note that just like every other economic or financial phenomenon, bitcoin is also experiencing it's lows and problems which in my view will not last.

I can agree slightly that the unregulated nature of the currency makes it herculean to predict if it would continue to remain relevant or if the price will continue to fall, but I can assure you that it is not a fad and you cannot just write Bitcoin off with a wave of the hand or an argument devoid of evidential base.

I dare say that Bitcoin and cryptocurrency generally is the future. There has been rising and falling trends and those are normal. I want to assure that from observable phenomenon, the price of Bitcoin will continue to rise and the party is not about to crash Grin the party is just starting and Bitcoin is definitely not dead. It can only get better
full member
Activity: 700
Merit: 101
November 24, 2017, 01:54:28 AM
I also disagree that it is only born of a frustrating thought when you lose a lot of capital in bitcoin trading
full member
Activity: 574
Merit: 100
November 24, 2017, 01:54:22 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?

this seems only a negative issue because bitcoin is a digital currency and is unlikely to die, bitcoin will always be developed because in the future it has reduced paper money.
full member
Activity: 382
Merit: 109
November 24, 2017, 01:31:53 AM
Until now, I have not felt that bitcoin will die in the near future. the need for bitcoin always increases every day. and every day, people will also depend on bitcoin. maybe, if bitcoin dies, there will be so many losers, and lose his job.

Bitcoin will ever and never die at all.Many investors are depend on bitcoin now and many traders doing bitcoin trading as a full time job.So they will not allow to die.Due to increase in investors,bitcoin price is still raising dag to day.
sr. member
Activity: 1652
Merit: 262
November 24, 2017, 01:29:00 AM
Until now, I have not felt that bitcoin will die in the near future. the need for bitcoin always increases every day. and every day, people will also depend on bitcoin. maybe, if bitcoin dies, there will be so many losers, and lose his job.
yes, I agree with that. even today the bitcoin market is getting wider, it's not impossible someday, the stores will use bitcoin as a means of transaction. the possibility of bitcoin die, is very small.
hero member
Activity: 1414
Merit: 574
November 24, 2017, 01:27:27 AM
Bitcoin is now stronger and stronger day by day, i don't think Bitcon will be dead. Never!

There are alot of hardfork recently, that means there are some issue going on with bitcoin community. For some people this is a sign that bitcoin is going to be dead soon. Im not even sure why people want to keep doing those hardfork, perhaps for some free coins but they are hurting bitcoin in a sense that most people cant see yet
member
Activity: 76
Merit: 10
November 24, 2017, 01:22:53 AM
Bitcoin is now stronger and stronger day by day, i don't think Bitcon will be dead. Never!
legendary
Activity: 1218
Merit: 1000
November 24, 2017, 01:18:18 AM
Until now, I have not felt that bitcoin will die in the near future. the need for bitcoin always increases every day. and every day, people will also depend on bitcoin. maybe, if bitcoin dies, there will be so many losers, and lose his job.
member
Activity: 210
Merit: 11
November 24, 2017, 01:18:04 AM
I firmly trust that bitcoin isn't dead in light of the fact that as should be obvious through my observing of bitcoin value, it has such great enhancements and the economy is doing fine with few passed early this year. The establishment is getting to be plainly more grounded and every one of that theories has nothing to do with my convictions about bitcoin.
member
Activity: 166
Merit: 10
November 24, 2017, 01:13:49 AM
I'm really curious about 2017. Bitcoin will be a very important year. If bitcoin reaches a price higher than $ 1000 at the end of this year, it is no longer possible to die.
hero member
Activity: 3080
Merit: 603
November 24, 2017, 01:11:31 AM
No bitcoin is not dead what are the possible answers that bitcoin could be dead aslon there are people who are still using bitcoin there will be a bitcoin
I'm very worried that because of these hard forks it will affect bitcoin. It may not kill bitcoin and put it to a farewell but it will have a definite effect for the price. And the only way to make bitcoin dead is to stop the traders to stop buying bitcoin and getting their profit with it. But still we can't stop people for making bitcoin put at the best rate. The community will not allow bitcoin to be dead, this is the best coin ever.
sr. member
Activity: 686
Merit: 277
November 24, 2017, 01:08:32 AM
OK... let me check:

1. The number of users - increasing
2. The exchange rate - increasing
3. The number of transactions - increasing

Verdict: Bitcoin is very much alive.
I agree to that. Bitcoin is not dead and we can't see any signs that it will be dead soon. I think that bitcoin will continue to grow and make a lot of opportunities for the people to earn money and that is how bitcoin will become more active and stronger. Bitcoin is very much alive and we can see that by just looking at the current state of bitcoin like you putted in your statement.
There will be hardly any good reason to support this argument that bitcoin is dead. In fact, the way bitcoin is making such a tremendous reputation with each passing day is a proof of this thing that bitcoin is going to make a huge name in the international market as well as amongst the investors in the coming few years. Bitcoin really holds a very bright future and it is going to change this world.
newbie
Activity: 42
Merit: 0
November 24, 2017, 01:05:52 AM
No bitcoin is not dead what are the possible answers that bitcoin could be dead aslon there are people who are still using bitcoin there will be a bitcoin
full member
Activity: 364
Merit: 100
November 24, 2017, 12:35:45 AM
I don’t think so that bitcoin is dead I think bitcoin is not dead it is alive currency which is regularly trading in many exchanges and which is good for making profit and for making online payments in regular basis. Some people think that bitcoin is dead but that is not the clear  answer for this.
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