Is bitcoin dead? - page 90. | Bitcointalksearch.org

Amph

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Quote from: Bardman on July 24, 2015, 02:50:35 AM

Quote from: notlist3d on July 23, 2015, 08:52:30 AM

Quote from: smith coins on July 23, 2015, 08:18:33 AM

at the moment i think it is a bit dead but good time to buy

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

You and other people here have no idea what you are talking about, you are judging if a coin is dead by it's price which is totally stupid, bitcoin won't die if it goes sub 100 or even sub 10, bitcoin would die only if people stop using it or miners stop mining suddenly, price has nothing to do with it.

price is the reflection of bitcoin health, if people start to not use bitcoin the price fall as a consequence which mean that bitcoin is dying off, you can't say that price is not important, this is a bullshit at 100%

g1974ak

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Quote from: Bonam on March 05, 2015, 03:44:40 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?

The destiny of bitcoin is not in the hand of some (whatever they are). Bitcoin is a technology which will disrupt to many ways of our lives. It is yet a child and have to grow up. Its technology will be in every kind of our life. Even in places which no one can imagine. Bitcoin as a currency is one of aplications and will benefit from this technology for sure and forever.

So it is stupid even to tell that bitcoin is or will be dead.

Bardman

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Quote from: notlist3d on July 23, 2015, 08:52:30 AM

Quote from: smith coins on July 23, 2015, 08:18:33 AM

at the moment i think it is a bit dead but good time to buy

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

You and other people here have no idea what you are talking about, you are judging if a coin is dead by it's price which is totally stupid, bitcoin won't die if it goes sub 100 or even sub 10, bitcoin would die only if people stop using it or miners stop mining suddenly, price has nothing to do with it.

bryant.coleman

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Quote from: pereira4 on July 23, 2015, 06:14:04 PM

280 is perfect, it keeps people on the sidelines waiting for a 300 range, and as soon as 300 reaches, people tend to sell which pushes back the price to 280. I hope this lasts for another year so I can keep buying cheap bitcoins every month.

Exchange rates are not that important. Even if Bitcoin drops to $100 per coin, I will not say that Bitcoin is dead. But the worrying factor is that the usage is declining. Fewer and fewer people are using Bitcoins to do online shopping. A number of businesses, who were accepting Bitcoin as a mode of payment earlier, have eliminated that option (WordPress for example). These are worrying trends.

Cinnob0n

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Bitcoins is not even close to being dead. Things aren't going to change fast, it's a gradually development.

Prasmatic

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Quote from: g3rszpi on July 23, 2015, 11:32:41 AM

Quote from: Dotakels on July 23, 2015, 11:31:12 AM

Quote from: Prasmatic on July 23, 2015, 11:02:27 AM

Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

I think the Greece people has been known about the bitcoin.
Since they have limits on their banks to withdraw.
The bitcoin would be perfect for them to be a main currency on their country.

They just analyze the fluctuation and also the trend so they can easily now when the price of bitcoin goes up or down. They just used their common sense.

But how many % of the greece people got btc? it's a think to know about it, another to have it

I would not like how many percent but how many promile 0/00
how is it called lol. It is really a small amount if we convert it to percentage.
I don't think much people are involved in bitcoin by the Greece side.

pereira4

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Quote from: BTCevo on July 23, 2015, 12:07:48 PM

Quote from: Prasmatic on July 23, 2015, 09:53:28 AM

Quote from: notlist3d on July 23, 2015, 08:52:30 AM

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

I think that there is nothing to make panic about the bitcoin price.
It is normal as we know from the past that the bitcoin price change more often that any other currency.
So ~280$ is not a bad price at the moment. It can be better of course.

Yes I think $280 is stable price for bitcoin this time and this is not a bad price but with some people it becomes matter to them since they bought it at the highest peak that hope it will rise again but the reality bitcoin price drop significantly. That will make them stress enough but I do hope in the next few months bitcoin price will start rising again Grin

280 is perfect, it keeps people on the sidelines waiting for a 300 range, and as soon as 300 reaches, people tend to sell which pushes back the price to 280. I hope this lasts for another year so I can keep buying cheap bitcoins every month.

smith coins

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Bitcoin is alive guys, it will be so, if satoshi decided to close this great coin
he other developers of the system stopped hearing from him in 2010
and plenty of speculation turned up about his real identity.

BTCevo

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Quote from: Prasmatic on July 23, 2015, 09:53:28 AM

Quote from: notlist3d on July 23, 2015, 08:52:30 AM

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

I think that there is nothing to make panic about the bitcoin price.
It is normal as we know from the past that the bitcoin price change more often that any other currency.
So ~280$ is not a bad price at the moment. It can be better of course.

Yes I think $280 is stable price for bitcoin this time and this is not a bad price but with some people it becomes matter to them since they bought it at the highest peak that hope it will rise again but the reality bitcoin price drop significantly. That will make them stress enough but I do hope in the next few months bitcoin price will start rising again Grin

wearepoor

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Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

Fluctuation would be a part of bitcoin till it exists, there is no alternative then fluctuations would simply disappear, but yes the fluctuations can be controlled if the adoption level goes high, and that would bring the stability in the price of bitcoins.

g3rszpi

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Quote from: Dotakels on July 23, 2015, 11:31:12 AM

Quote from: Prasmatic on July 23, 2015, 11:02:27 AM

Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

I think the Greece people has been known about the bitcoin.
Since they have limits on their banks to withdraw.
The bitcoin would be perfect for them to be a main currency on their country.

They just analyze the fluctuation and also the trend so they can easily now when the price of bitcoin goes up or down. They just used their common sense.

But how many % of the greece people got btc? it's a think to know about it, another to have it

Dotakels

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Quote from: Prasmatic on July 23, 2015, 11:02:27 AM

Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

I think the Greece people has been known about the bitcoin.
Since they have limits on their banks to withdraw.
The bitcoin would be perfect for them to be a main currency on their country.

They just analyze the fluctuation and also the trend so they can easily now when the price of bitcoin goes up or down. They just used their common sense.

Somekindabitcoin

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Activity: 518

Merit: 500

Quote from: Prasmatic on July 23, 2015, 11:02:27 AM

Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

I think the Greece people has been known about the bitcoin.
Since they have limits on their banks to withdraw.
The bitcoin would be perfect for them to be a main currency on their country.

Yea, that's what I think too and we are talking about it in this thread: https://bitcointalksearch.org/topic/bitcoin-as-a-national-currency-1130886

bryant.coleman

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The brouhaha created by the Greek crisis has evaporated. It seems that Greece will stick to Euro, and will not default on their debt repayments. The exchange rates are down again, after rising around 30% as a result of the crisis. Now Bitcoin badly needs another Greece like situation to re-establish itself in the currency market.

Prasmatic

full member

Activity: 171

Merit: 100

Quote from: ummina on July 23, 2015, 10:22:57 AM

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

I think the Greece people has been known about the bitcoin.
Since they have limits on their banks to withdraw.
The bitcoin would be perfect for them to be a main currency on their country.

ummina

member

Activity: 70

Merit: 10

★777Coin.com★ Fun BTC Casino!

i think no. may be in another country there are any situations like that.
but, that is not in all country when they use it right?
cause for me, the price of bitcoin as long as time will be hight.
have fluktuation is a normal friends. but dead. is not.

Prasmatic

full member

Activity: 171

Merit: 100

Quote from: notlist3d on July 23, 2015, 08:52:30 AM

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

I think that there is nothing to make panic about the bitcoin price.
It is normal as we know from the past that the bitcoin price change more often that any other currency.
So ~280$ is not a bad price at the moment. It can be better of course.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: smith coins on July 23, 2015, 08:18:33 AM

at the moment i think it is a bit dead but good time to buy

It's holding steady, but I would not call that dead. We have even went up to 300 in not far past. And of course dropped to current.

When I think of dead I think of sub 100 numbers. That hopefully will not happen.

smith coins

hero member

Activity: 504

Merit: 500

at the moment i think it is a bit dead but good time to buy

Bardman

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Activity: 952

Merit: 516

Quote from: NorrisK on July 23, 2015, 05:33:50 AM

Quote from: clipman77 on July 23, 2015, 05:18:38 AM

The biggest drawback of Bitcoin is its volatility, it gives a lot of inconvenience when calculating them.

It is not even that volatile anymore.. The Euro and USD also had their fair share of swings.. Dropping % points a day..

It is extremely volatile, what are you talking about? Bitcoin has everyday changes in price of 10$ up or down, that's not good for any business, of course you could calculate the price of bitcoin at any given moment but how do you know afterwards the price is not going down by 30$ thus making you lose a lot of money depending on how many bitcoins you accepted.

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