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Topic: Is bitcoin dead? - page 69. (Read 110801 times)

member
Activity: 114
Merit: 100
February 12, 2017, 12:31:15 PM
Bitcoin is still too early to call the dead. Earlier this year he showed price fluctuations. But very quickly I recovered. Is it capable of a dead currency? I think not.
sr. member
Activity: 868
Merit: 289
February 11, 2017, 03:28:58 PM
If the price value of bitcoin is 1000$ almost right now at the present , is this a kind of dead to you?
Well everbody knows what the answer, isn't? of course, bitcoin will exist forever as long as there users of it.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
February 11, 2017, 12:30:01 PM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
yeah bitcoin will be never die because getting much more stronger and a lot of people investing their money in bitcoin and maximum people strongly believe in bitcoin so i am sure bitcoin will be survive forever.
That is right that bitcoin will survive forever because it is now used in a large number of companies as a payment method for their clients and they are considered as the strong pillars for the base of bitcoin and because of these companies the survival of bitcoin will be forever.
It is not a guarantee though large companies use bitcoin as a choice of payment but if there is not much use then the result will be useless.
sr. member
Activity: 303
Merit: 250
February 11, 2017, 10:41:14 AM
Even if the bitcoin price continues dropping (and price of most altcoins too) we need to see the positive point about it. The signature campaign rates, payment job rates will increase and we will earn more bitcoins.
And when the price rises again we will have more bitcoin, so, more profit for who holds for a long time.
but certainly to return to the previous price is very difficult, especially when the price falls, and many users have lost confidence in bitcoin. it will be difficult for bitcoin to go back to the original situation

But now old users of bitcoin is ok with the deflation. In fact it is their/our advantage if the bitcoin will deflate because we can invest in it. The only problem is the new users of bitcoin that will go panic selling when they found out that bitcoin drops 100$ or more.  And bitcoin will be dead if no one uses it and I think thats not gonna happen.
full member
Activity: 181
Merit: 100
February 11, 2017, 10:37:02 AM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
yeah bitcoin will be never die because getting much more stronger and a lot of people investing their money in bitcoin and maximum people strongly believe in bitcoin so i am sure bitcoin will be survive forever.
That is right that bitcoin will survive forever because it is now used in a large number of companies as a payment method for their clients and they are considered as the strong pillars for the base of bitcoin and because of these companies the survival of bitcoin will be forever.
Acceptance as well use of bitcoin directly have increased a lot. In a recent article it is mentioned that bitcoin acceptance in Japan increased by 20% which is very large. No need to be panic that bitcoin will not survive long.

That's reasonable, but today the price of bitcoin went so much down that I think many people have started to panic. Can someone explain what's going on? Why do so many people have so little trust in bitcoin? I mean why do they sell below $1,000?
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.
i do not think that bitcoin will even be call as dead, previously when bitcoin fell down. after some time people start trading bitcoin. and now we are trading bitcoin above 1000 USD level. that is i think a remarkable achievement. and now we are hopping that bitcoin will very soon cross its all time high price and may be even cross 2000 USD in 2017.

I am also confident that the Bitcoin is still can not be called dead. It is contrary livelier than usual. The dynamics of the rise and fall of its price is confirmed. He is very popular
legendary
Activity: 1120
Merit: 1000
February 11, 2017, 10:07:14 AM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
yeah bitcoin will be never die because getting much more stronger and a lot of people investing their money in bitcoin and maximum people strongly believe in bitcoin so i am sure bitcoin will be survive forever.
That is right that bitcoin will survive forever because it is now used in a large number of companies as a payment method for their clients and they are considered as the strong pillars for the base of bitcoin and because of these companies the survival of bitcoin will be forever.
Acceptance as well use of bitcoin directly have increased a lot. In a recent article it is mentioned that bitcoin acceptance in Japan increased by 20% which is very large. No need to be panic that bitcoin will not survive long.

That's reasonable, but today the price of bitcoin went so much down that I think many people have started to panic. Can someone explain what's going on? Why do so many people have so little trust in bitcoin? I mean why do they sell below $1,000?
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.
i do not think that bitcoin will even be call as dead, previously when bitcoin fell down. after some time people start trading bitcoin. and now we are trading bitcoin above 1000 USD level. that is i think a remarkable achievement. and now we are hopping that bitcoin will very soon cross its all time high price and may be even cross 2000 USD in 2017.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 10, 2017, 07:45:29 PM
Bitcoin is not dead, adoption keeps growing but the rate of growth has decreased, but as the circumstances in which the world is in gets more and more complicated and the economies of the world fail to recover you can bet bitcoin is going to receive lots of attention in the future.
hero member
Activity: 1190
Merit: 500
February 10, 2017, 07:44:16 PM
Even if the bitcoin price continues dropping (and price of most altcoins too) we need to see the positive point about it. The signature campaign rates, payment job rates will increase and we will earn more bitcoins.
And when the price rises again we will have more bitcoin, so, more profit for who holds for a long time.
but certainly to return to the previous price is very difficult, especially when the price falls, and many users have lost confidence in bitcoin. it will be difficult for bitcoin to go back to the original situation
hero member
Activity: 938
Merit: 500
February 10, 2017, 07:11:19 PM
Bitcoin will die in the day there arent any interest over it, and no transactions, something we do see and cant imagine to happen, miners are very active, and huge ammount of transactions all days, money is circulating and there is no way to stop it anymore. Altcoins are the ones that are being damaged since bitcoin is growing and altcoins are dropping against it.
legendary
Activity: 1442
Merit: 1008
February 10, 2017, 05:56:16 AM
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.

Few hours ago we suffer quite a drop and alot of people in my local exchanger is panicking about it. We are now in a stage where a simple drop will make people panic because the current price is too high therefore we cant really blame them for what is happening right now, well atleast because of this we are getting profit from the panic dump
no wonder , they are a newcomer usually , can't see the real situation out there causing the flash drop. it's pretty clear some group dump the market , quite often happened if you can really read the market , just put on the right sell/buy position don't be confused and keep that position no matter what.
hero member
Activity: 1022
Merit: 500
February 10, 2017, 02:49:09 AM
Even if the bitcoin price continues dropping (and price of most altcoins too) we need to see the positive point about it. The signature campaign rates, payment job rates will increase and we will earn more bitcoins.
And when the price rises again we will have more bitcoin, so, more profit for who holds for a long time.

That's right, around the need to see the positive. While the price has fallen, we have a good opportunity to buy Bitcoins. I am sure that despite the negative news from China, the price of Bitcoin will still grow. This means that Bitcoin is alive

Now is a good chance for us to buy bitcoin, due to the price is down to 973$ this is what the other's member here waiting for due to they believe bitcoin will rise up again in just a matter of short time only.
full member
Activity: 140
Merit: 100
February 09, 2017, 04:13:33 PM
Even if the bitcoin price continues dropping (and price of most altcoins too) we need to see the positive point about it. The signature campaign rates, payment job rates will increase and we will earn more bitcoins.
And when the price rises again we will have more bitcoin, so, more profit for who holds for a long time.

That's right, around the need to see the positive. While the price has fallen, we have a good opportunity to buy Bitcoins. I am sure that despite the negative news from China, the price of Bitcoin will still grow. This means that Bitcoin is alive
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
February 09, 2017, 03:02:57 PM
Even if the bitcoin price continues dropping (and price of most altcoins too) we need to see the positive point about it. The signature campaign rates, payment job rates will increase and we will earn more bitcoins.
And when the price rises again we will have more bitcoin, so, more profit for who holds for a long time.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 09, 2017, 02:41:46 PM
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.

Few hours ago we suffer quite a drop and alot of people in my local exchanger is panicking about it. We are now in a stage where a simple drop will make people panic because the current price is too high therefore we cant really blame them for what is happening right now, well atleast because of this we are getting profit from the panic dump

It is in fact very interesting to see how things are going to develop in the nearest hours and coming days

When the price first plunged after the December rally, there was fundamental support at the prices below 800 dollars level. Today, we see that this support is building around 900 dollars. This doesn't mean that Bitcoin can't go lower, but it is clear (at least, to me) that folks are interpreting the events happening at the Chinese exchanges right now as a good opportunity to buy bitcoins relatively cheap. The price doesn't crash (as it did some weeks ago) but it rebounds strongly, which is encouraging (though personally, I would opt for a heavier fall)
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 09, 2017, 01:54:00 PM
Bitcoin is not dead and in my opinion, there is no chance or possibility for bitcoin to be dead because you can see its status based on its price because that is one of the easiest way to tell if a digital currency or what we called cryptocurrency is active and have great chance for earning in terms of long term. Maybe after 10 years then we can think about the thing called "bitcoin is dead" because we can't deny that bitcoin has limited supply and soon it will be maxed out but as of now don't mind that dead thing because it is too early to think about that let just enjoy what we have now.
legendary
Activity: 1540
Merit: 1016
February 09, 2017, 12:21:17 PM
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.

Few hours ago we suffer quite a drop and alot of people in my local exchanger is panicking about it. We are now in a stage where a simple drop will make people panic because the current price is too high therefore we cant really blame them for what is happening right now, well atleast because of this we are getting profit from the panic dump
legendary
Activity: 1442
Merit: 1008
February 09, 2017, 11:59:19 AM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
yeah bitcoin will be never die because getting much more stronger and a lot of people investing their money in bitcoin and maximum people strongly believe in bitcoin so i am sure bitcoin will be survive forever.
That is right that bitcoin will survive forever because it is now used in a large number of companies as a payment method for their clients and they are considered as the strong pillars for the base of bitcoin and because of these companies the survival of bitcoin will be forever.
Acceptance as well use of bitcoin directly have increased a lot. In a recent article it is mentioned that bitcoin acceptance in Japan increased by 20% which is very large. No need to be panic that bitcoin will not survive long.

That's reasonable, but today the price of bitcoin went so much down that I think many people have started to panic. Can someone explain what's going on? Why do so many people have so little trust in bitcoin? I mean why do they sell below $1,000?
people would call bitcoin dead when the price dropped at least to 50% or more , just like what happened few years ago the price went down from $500 to $200/$250 a lot of investor got huge loss due doing panic selling that time. but then what happened today? it's clearly growing gradually in every years, just take a look into the graph and you will see the fact.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 09, 2017, 11:14:06 AM
As long as there has been no coin better than bitcoin, I'm sure that bitcoin will always good of its users. Can't argue with that other than as a money for a great transaction, bitcoin is also very profitable for investment short or long term.
I am a kind of agree with you. "To make a line smaller, draw a line bigger than it." Bitcoin is still a leader in crypto world and the first choice of crypto users. Also there is a constant rise in crypto users. So its completely absurd to say that Bitcoin is dead. Rather, its use is increasing everyday. This can be verified from its price. After all, Bitcoin is best performing asset over last 2 years.

So basically what you're trying to say is that when the price of bitcoin increases, that means that population has increased too. Then what if the priced has decreased a lot just like in January when it went from 1100$ to 760$. Does that mean that a huge amount of bitcoiners died or something? The price is relevant but it's not an accurate way to measure the number of bitcoin users since even one individual can make the price increase/decrease in accordance to his desires if he have sufficient number of bitcoins

Well, I mostly agree with that point

But, on the other hand, if we look at bigger time frames, for example, at monthly or quarterly periods, wouldn't the price tell us exactly that? Namely, that it more or less reflect Bitcoin expanding adoption. Really, if the supply remains essentially the same (okay, it was halved in July but still), and the price has risen from 200 up to 900 dollars per coin, doesn't it prove that Bitcoin adoption certainly expanded during the last year and a half. While the price collapse from ATH as of December 2013 was obviously caused my big whales having been robbed by Mt. Gox and their coins sold at a discount
hero member
Activity: 588
Merit: 500
February 09, 2017, 10:40:08 AM
As long as there has been no coin better than bitcoin, I'm sure that bitcoin will always good of its users. Can't argue with that other than as a money for a great transaction, bitcoin is also very profitable for investment short or long term.
I am a kind of agree with you. "To make a line smaller, draw a line bigger than it." Bitcoin is still a leader in crypto world and the first choice of crypto users. Also there is a constant rise in crypto users. So its completely absurd to say that Bitcoin is dead. Rather, its use is increasing everyday. This can be verified from its price. After all, Bitcoin is best performing asset over last 2 years.

So basically what you're trying to say is that when the price of bitcoin increases, that means that population has increased too. Then what if the priced has decreased a lot just like in January when it went from 1100$ to 760$. Does that mean that a huge amount of bitcoiners died or something? The price is relevant but it's not an accurate way to measure the number of bitcoin users since even one individual can make the price increase/decrease in accordance to his desires if he have sufficient number of bitcoins.
hero member
Activity: 1274
Merit: 622
February 09, 2017, 10:39:55 AM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
yeah bitcoin will be never die because getting much more stronger and a lot of people investing their money in bitcoin and maximum people strongly believe in bitcoin so i am sure bitcoin will be survive forever.
That is right that bitcoin will survive forever because it is now used in a large number of companies as a payment method for their clients and they are considered as the strong pillars for the base of bitcoin and because of these companies the survival of bitcoin will be forever.
Acceptance as well use of bitcoin directly have increased a lot. In a recent article it is mentioned that bitcoin acceptance in Japan increased by 20% which is very large. No need to be panic that bitcoin will not survive long.

That's reasonable, but today the price of bitcoin went so much down that I think many people have started to panic. Can someone explain what's going on? Why do so many people have so little trust in bitcoin? I mean why do they sell below $1,000?
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