Topic: Is bitcoin dead? - page 85. (Read 110801 times)
Well, considering the fact that Bitcoin's price is going downward, that might be a reason that it is dying. This is all Bitcoin XT's fault. Just my opinion, though
Well, the media can't be interested in it forever, right? I think it's still going strong, there are tons of people using it and remember, Bitcoin has only been around for 5 years, it's still starting-up.
yeah and the total number of people who using bitcoin is still going up and up in succeeding days. So its means they say it because they not really like bitcoin because they think on its negative effect not on its positives effect.
Well, the media can't be interested in it forever, right? I think it's still going strong, there are tons of people using it and remember, Bitcoin has only been around for 5 years, it's still starting-up.
wow , who ever posted those , doesn't seem to really like bitcoin haha ... I checked and yes as u said , many times bitcoin is dead on his posts
BTC has rumoured to be many times.
Bitcoin is not dead . the things are moving forward, but it will not happen overnight, no world changing invention was developed in a single year, and it may be years yet before Bitcoin is ready for mass adoption and use.
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
bitcoin will not die, but maybe the price is declining
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
bitcoin will not die, but maybe the price is declining
Anyways dont most miners now work in groups? In really big groups, there are not many small miners anyways right? The difficulty is so high that it´s just not worth it, you need insane mining rigs to make it work
Most miners work in a pool, if that's what you're referring to. There are still small players joining a pool in order to get a share of the pie, but due to the decrease in price, some of them are forced to shut down their miners because it's not even worth it anymore. The big mining farms, however, are mostly situated in China. One of them is here: https://bitcointalksearch.org/topic/--1072474
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa
If prices went too low, the small miners who have slower hardware will leave, and the big mining farms will dominate the mining scene. That's how it works today. Bitcoin will never reach a state of equilibrium simply because of the centralization of mining (big mining farms) and the small miners, whales in the market, small buyers in the market and whatnot. You can never expect balance in a state of chaos.
How is that any different from what i said? I said miners will leave, didnt you read ?
But not all of them, that's why I made some differentiation. Generalizing that miners will leave is wrong, as the big farms would likely stay because they will find profit compared to small miners that will leave the scene because maintaining the miner + electricity costs > profit. Hope you got my point.
Anyways dont most miners now work in groups? In really big groups, there are not many small miners anyways right? The difficulty is so high that it´s just not worth it, you need insane mining rigs to make it work
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa
If prices went too low, the small miners who have slower hardware will leave, and the big mining farms will dominate the mining scene. That's how it works today. Bitcoin will never reach a state of equilibrium simply because of the centralization of mining (big mining farms) and the small miners, whales in the market, small buyers in the market and whatnot. You can never expect balance in a state of chaos.
How is that any different from what i said? I said miners will leave, didnt you read ?
But not all of them, that's why I made some differentiation. Generalizing that miners will leave is wrong, as the big farms would likely stay because they will find profit compared to small miners that will leave the scene because maintaining the miner + electricity costs > profit. Hope you got my point.
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa
If prices went too low, the small miners who have slower hardware will leave, and the big mining farms will dominate the mining scene. That's how it works today. Bitcoin will never reach a state of equilibrium simply because of the centralization of mining (big mining farms) and the small miners, whales in the market, small buyers in the market and whatnot. You can never expect balance in a state of chaos.
How is that any different from what i said? I said miners will leave, didnt you read ?
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa
If prices went too low, the small miners who have slower hardware will leave, and the big mining farms will dominate the mining scene. That's how it works today. Bitcoin will never reach a state of equilibrium simply because of the centralization of mining (big mining farms) and the small miners, whales in the market, small buyers in the market and whatnot. You can never expect balance in a state of chaos.
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It´s always going to be a balance, if the price is too low miners leave and the difficulty goes down and viceversa
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
Tbh i don't care about price for myself, i am worrying about poor miners. That is all. I don't stay in btc, i always stay in fiat. I use btc when i need to. Hoping to clear this up.
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
Then again people who just care about price dont know anything, it´s not about the price, it´s about the stability and whether bitcoins can be used for something useful or not
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
I totally agree with you on current price. I wish it could skyrocket up to $1000 but it seems that it's going to take longer than expected. Anyhow, I'm not giving up yet. I believe in Bitcoin and I've been holding them for the future. Hope to get rich someday
It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
dead? Nope. but probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.
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