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Topic: Is Bitcoin Over? - page 2. (Read 27769 times)

sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
January 23, 2020, 03:05:00 PM
Bitcoin will be not over yet! It's still a new cryptocurrencies even though it has passed already 10 years since the creation of it. I believe that this technology of cryptocurrencies will stay a long time in the future and it will rise a lot in the whole world, one day all people around the world will use this cryptocurrency instead of using fiat, that's really my prediction of what will happen in the future.
hero member
Activity: 2702
Merit: 704
January 23, 2020, 02:49:49 PM
If bitcoin dies, all of the cryptocurrencies we have in the market will die along with it. They follow the same technology as bitcoin, most coins depend on bitcoin, bitcoin losing value will mean bad luck for everyone. As more and more people pull their investments out of the cryptocurrency market, all coins will go down in value until they all drop to zero.
Most of those that wish that bitcoin dies are the same they want their favourite altcoin to take that position but if bitcoin at some point became vulnerable to some kind of threat and that gradually caused its end then all altcoins will die with it as well.

Almost all altcoins are using the same technology and so whatever that affected bitcoin will affect altcoins as well and the loss in confidence that investors will suffer from that crash will most likely mean that they will never invest in cryptocurrencies ever again.
legendary
Activity: 1568
Merit: 1002
January 20, 2020, 01:49:48 PM
something updates that occur because of information that develops through social media are all one because of technological developments that are always growing to update it. so with the update, the matter of bitcoin will also be known by many people. update technology continues to grow, one of which is bitcoin, which also will experience continuous updates and it is unlikely that bitcoin will end, but instead continues to develop
That's right, bitcoin is not yet over in which it is having a good time right now because due to the many people are getting interested on this digital currency or what we called the cryptocurrency then the more it goes trending then when it gets trending the possibility of the users of it will be increasingly as time passes by.
Bitcoin will not be over yet it may down sometimes which is normal because of suddenly changes from the market, but bitcoin will not have a bad time in which it will be forced to over or stop, otherwise people will complaint if that thing will happens.

rising and falling prices is something that is reasonable and certainly will not surprise us anymore, assuming bitcoin is dead just because prices continue to decline is only a pessimistic action or despair, because on the other hand developments and an adoption continues to prove that growth continues to increase, prices do not always go up because with prices that are more actively moving, it proves that demand is always there that will not make it die
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
January 20, 2020, 01:24:11 PM
something updates that occur because of information that develops through social media are all one because of technological developments that are always growing to update it. so with the update, the matter of bitcoin will also be known by many people. update technology continues to grow, one of which is bitcoin, which also will experience continuous updates and it is unlikely that bitcoin will end, but instead continues to develop
That's right, bitcoin is not yet over in which it is having a good time right now because due to the many people are getting interested on this digital currency or what we called the cryptocurrency then the more it goes trending then when it gets trending the possibility of the users of it will be increasingly as time passes by.
Bitcoin will not be over yet it may down sometimes which is normal because of suddenly changes from the market, but bitcoin will not have a bad time in which it will be forced to over or stop, otherwise people will complaint if that thing will happens.
sr. member
Activity: 1918
Merit: 370
January 20, 2020, 01:16:32 PM
As long as there are nodes on the Bitcoin network continuing to run the software, then it will not die. There is a reason Bitcoin is the top coin and none of the attempts before it were successful. Blockchains allow for decentralization and that is what made Bitcoin even possible. You can't just shrug that amazing concept off as something small.

Yes, you are right that Bitcoin is a top currency and we did not try to succeed I think if we invest more in Bitcoin then the price will definitely increase as Bitcoin can never end. Many of us have withdrawn because of the drop in prices and many say that bitcoin may end.
Bitcoin will never end in life it will remain in the market because crypto is totally based on it and price fall will not affect it’s worth every. It's now has risen in use because the price was down and people made massive purchasing so it’s not going to end not according to me at least but the price pump and dump are so natural it’s all because of demand and supply.
If bitcoin dies, all of the cryptocurrencies we have in the market will die along with it. They follow the same technology as bitcoin, most coins depend on bitcoin, bitcoin losing value will mean bad luck for everyone. As more and more people pull their investments out of the cryptocurrency market, all coins will go down in value until they all drop to zero.
sr. member
Activity: 1236
Merit: 252
January 20, 2020, 12:11:34 PM
As long as there are nodes on the Bitcoin network continuing to run the software, then it will not die. There is a reason Bitcoin is the top coin and none of the attempts before it were successful. Blockchains allow for decentralization and that is what made Bitcoin even possible. You can't just shrug that amazing concept off as something small.

Yes, you are right that Bitcoin is a top currency and we did not try to succeed I think if we invest more in Bitcoin then the price will definitely increase as Bitcoin can never end. Many of us have withdrawn because of the drop in prices and many say that bitcoin may end.
Bitcoin will never end in life it will remain in the market because crypto is totally based on it and price fall will not affect it’s worth every. It's now has risen in use because the price was down and people made massive purchasing so it’s not going to end not according to me at least but the price pump and dump are so natural it’s all because of demand and supply.
sr. member
Activity: 1148
Merit: 268
January 19, 2020, 04:29:31 AM
As long as there are nodes on the Bitcoin network continuing to run the software, then it will not die. There is a reason Bitcoin is the top coin and none of the attempts before it were successful. Blockchains allow for decentralization and that is what made Bitcoin even possible. You can't just shrug that amazing concept off as something small.

Yes, you are right that Bitcoin is a top currency and we did not try to succeed I think if we invest more in Bitcoin then the price will definitely increase as Bitcoin can never end. Many of us have withdrawn because of the drop in prices and many say that bitcoin may end.
full member
Activity: 574
Merit: 108
January 19, 2020, 03:55:57 AM
[quote author=Lambolife

IMO, censorship resistance and lack of central authority are endgoals of a world currency, not a mean to an end.
The goal is the decentralization and the lack of central authority. This is why  bitcoin was created.

That is why a lot of people are deep in using Bitcoin currency because of its censorship and the fact that it can't be truly controlled by an organization body like the Government. The events that might happen on bitcoin is solely based on the market and the users that plays a big role in its entirety such as investors, traders and many more.
hero member
Activity: 2702
Merit: 704
January 18, 2020, 01:57:47 PM

I dont think thats the reason because even newbies know that after the block reward is halved is when the crypto market usually experience bull run but the false articles posted about this year halving to be different and disappointed is the number reason some people think bitcoin is over.
it's still too early to think about the death of bitcoin! Q2, halving bitcoin will happen, we can see what the price will be like, if it doesn't affect the price I think Bitcoin will lose buyers

If it doesn't affect the price, then it will surely does in the future, because bitcoin halving's effect will be evident but not in an instant, meaning to say that it will undergo market correction first before the actual price to settle. Merely, the price that we could see is just a plain effect of hype people have created but supported with huge accumulation of bitcoin in that time.
I really think that it is entirely possible that what we are seeing right now in the market and the recovery that everyone is so excited about it is an early reaction to the halving that will happen during the second quarter of this year.

However we have yet to see if this recovery can last, the growth in the price of bitcoin has been too fast and it does not match the previous experiences we have with bull markets in which the price increase begins in a very slow way only to increase dramatically at the end of the bubble, this seems something different and that makes me nervous.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
January 15, 2020, 10:52:08 AM

it's still too early to think about the death of bitcoin! Q2, halving bitcoin will happen, we can see what the price will be like, if it doesn't affect the price I think Bitcoin will lose buyers
BTC will not die in a foreseeable future unless the faketoshi would turn to be satoshi and dump whole 1 million BTC of satoshi at once. What is obviously impossible.

But we can expect price of BTC to drop after halving, as smaller miners would have the cost of operating (until they upgrade their mining farms to new equipment) higher than the value of BTC - then they will be forced to sell some of the hoarded BTC
sr. member
Activity: 644
Merit: 364
In Code We Trust
January 15, 2020, 10:25:36 AM

I dont think thats the reason because even newbies know that after the block reward is halved is when the crypto market usually experience bull run but the false articles posted about this year halving to be different and disappointed is the number reason some people think bitcoin is over.
it's still too early to think about the death of bitcoin! Q2, halving bitcoin will happen, we can see what the price will be like, if it doesn't affect the price I think Bitcoin will lose buyers

If it doesn't affect the price, then it will surely does in the future, because bitcoin halving's effect will be evident but not in an instant, meaning to say that it will undergo market correction first before the actual price to settle. Merely, the price that we could see is just a plain effect of hype people have created but supported with huge accumulation of bitcoin in that time.
full member
Activity: 1708
Merit: 105
January 15, 2020, 06:53:09 AM
something updates that occur because of information that develops through social media are all one because of technological developments that are always growing to update it. so with the update, the matter of bitcoin will also be known by many people. update technology continues to grow, one of which is bitcoin, which also will experience continuous updates and it is unlikely that bitcoin will end, but instead continues to develop
hero member
Activity: 2702
Merit: 704
January 14, 2020, 03:07:55 PM
right now Bitcoin is going up again, are you all saying that bitcoin is over ?,
it's very clear it's a funny sentence to hear, when the price of Bitcoin goes down it all says Dead,
when Bitcoin goes up what do you say?  Grin Shocked
Some people are going to keep saying that no matter what, whether this is because they hate bitcoin and what it represents, bitcoin affects their interests or they are simply paid to say that, bitcoin is going to keep being the target of their attacks and they will keep saying that it is over even when it is skyrocketing.

However what we are seeing happening in the price of bitcoin is very interesting I didn't really thought that we were going to see the price of bitcoin recovering so soon but now the issue is if this recovery can be maintained and I'm not so sure that is the case but the only way to find out is to see what the price does next.
full member
Activity: 1022
Merit: 133
January 12, 2020, 02:54:38 PM

Bitcoin is just used for some reasons to people to make their self rich with this. And somehow a lot of people doesn't even care what could it do in the future.

Well I care and maybe you care too. It doesn't have to be everybody as long as there are still people genuinely interested in more economic freedom and less abuse from governments then lets keep fighting for this.

I agree. Its like saying that whoever bought and sold domains in the 90s when internet was emerging never truly believed in what internet could do. Ofcourse, there are some people who are there only for the profit but they are contributing too, by promoting crypto and exchanges!
sr. member
Activity: 812
Merit: 262
January 12, 2020, 02:35:02 PM
You need to understand the history of Bitcoin. How Bitcoin came to these levels. We need to know how Bitcoin became so widespread. However, everything does not continue as before. Dynamics are changing every day. We must remember that we are in a vibrant market.
hero member
Activity: 1484
Merit: 516
January 12, 2020, 01:03:35 PM

I dont think thats the reason because even newbies know that after the block reward is halved is when the crypto market usually experience bull run but the false articles posted about this year halving to be different and disappointed is the number reason some people think bitcoin is over.
it's still too early to think about the death of bitcoin! Q2, halving bitcoin will happen, we can see what the price will be like, if it doesn't affect the price I think Bitcoin will lose buyers
of course there will be changes in market prices after bitcoin is reduced by half, whether it will increase its value or even vice versa, of course bitcoin will not end even until it loses investor interest. if indeed there will be a fall in market prices after bitcoin is reduced by half, it will be used by most people to add the assets they have because it is a good opportunity to buy when the price is cheap.
sr. member
Activity: 1890
Merit: 252
The OGz Club
January 11, 2020, 08:48:53 AM

I dont think thats the reason because even newbies know that after the block reward is halved is when the crypto market usually experience bull run but the false articles posted about this year halving to be different and disappointed is the number reason some people think bitcoin is over.
it's still too early to think about the death of bitcoin! Q2, halving bitcoin will happen, we can see what the price will be like, if it doesn't affect the price I think Bitcoin will lose buyers
sr. member
Activity: 1236
Merit: 252
January 11, 2020, 04:18:55 AM
Needless to say disaster scenarios for bitcoin. Because bitcoin has already suffered a disaster. What a disaster. The price has fallen very high down. But surprised. Bitcoin stood up again. 7000 dollars is a very good price.
for 7K it is including a good category after a terrible fall violently in recent years, but right now Bitcoin is trying to get back up because some people say Bitcoin will die but I don't believe it about that. Bitcoin is still not over yet because we will soon see the heyday of Bitcoin will repeating again in year 2020. right now Bitcoin is almost to reach 8K and that's good enough.
 
For correction it actually reaches the 8K. For me, it has a really good chance on going up since it reaches the 8K, I read some news that if bitcoin reaches the 8400-8600 it may go straight to 10K, I am really surprise that after a long time of being stable it is making a move now.

And we are now at $8K, what do you say people?

why are you giving bitcoin too much attention when it's down, don't you know that it's normal, just look at what is happening now, for sure if bitcoin will hit $10,000, people will be in FOMO again thinking the bull run has started, same old trends, that's why the market can easily get manipulated.

just observed and enjoy what you are seeing now, bitcoin is not over yet, it's gonna set a new high again, SOON>
I do know this thing and I am really not worried about the market fall because I know bitcoin has a good ability to again rise and make a good place in the market as it had in 2017. I know yet the price is low but in a few years, we will see it higher than before and right now it’s time to hold and wait. Bitcoin will soon rise higher than $10k in the market.
I agree with you that bitcoin is bound to grow even stronger. I just hope to collect as many coins as possible before bitcoin grows even bigger

Bitcoin has limited supply but have a unlimited demand, so I think that after some years it will go up since every day the user of bitcoin is increasing, let's just wait for it and hold our coins! What we can do to acquire some profit is hold and trade the half of it.



Bitcoin will never be over, just compare the price of it when it started and imagine the adaptation that is happening worldwide, many countries are starting to accept cryptocurrency and for me, that is a very good news for bitcoin.
Yes, bitcoin will never over and it has no doubt that bitcoin changes the price but it has so much potential to again recover and come to high price. There are so many investors and they are investing in bitcoin so be good to bitcoin, fake news is only to scam you don’t listen to them and keep holding your Bitcoin with determinations.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
January 10, 2020, 10:59:05 PM
There are lovers and haters of crypto and BITCOIN. It can be a side of BTC but for me the BTC have positive approach.As we all know BTC amount will be mined in abut 2040.Can you imagine if it will be mined where will be the price of BTC.

Bitcoin is a medium which can be be consider as an asset and coin at same time,Bitcoin is easy and fast way t circulate funds around the world without any third party.Bitcoin future is bright and now n one can stop the BITCOIN due to its decentralized feature.
You make a good point but the year all the total 21 million bitcoin are to mine was 2140 not 2040.
Meanwhile, i believe the reason why some people think bitcoin is over because of the result of bitcoin previous halving and the bitcoin reward which will be reduced or halved at block 630,000.
The reason why they think that bitcoin is over is because of the bearish market that we have from the past few months. The price is still low compare to the past highs and it discourages other people to believe in bitcoin and they just think that bitcoin is over and there is no chance for bitcoin to comeback. Now, it is trying to show some strength but I am still not convinced to be bullish for the next few months.
I dont think thats the reason because even newbies know that after the block reward is halved is when the crypto market usually experience bull run but the false articles posted about this year halving to be different and disappointed is the number reason some people think bitcoin is over.
full member
Activity: 602
Merit: 100
January 10, 2020, 07:15:41 PM
To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8

It's too early for bitcoin to be over.
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