Topic: Is Bitcoin Still Dead? - page 2. (Read 1207 times)

BTC Still have some years to spend in that first position to be the king among other cryptocurrencies before another cryptocurrencies will take over the position because, I know that BTC will not live forever, but now that the price of BTC has risen to $70k, it will be profitable for you to take your profits and wait for another bear run to come.

Market price can change at anytime without anybody permission but those who don't have the knowledge of how the market price move and, whenever they see the price of BTC going down in the market, they will conclude that BTC is dead not knowing that the bear run just take over the market.

I can't count off my fingers on how many times they have killed bitcoin before, and everytime they do that, It doesn't make the real bitcoin enthusiast mad about them. Why? because just like you said, it is the perfect time to buy more bags if they were able to successfully drag the price down by spreading FUD. Weak hands and doubters were easily get carried away with such FUD, so the possibility here is - those who spread FUDs or that media the OP was taking about may have benefited more than those who actually bought at the bottom and got afraid right after bitcoin made a sharp correction while news like "bitcoin is dead" was spreading all over the internet.
Bitcoin enthusiast confidence towards bitcoin were never crushed or devastated with such headlines like that. They all have witnessed the ups and downs and that's what built the very foundation of their confidence and trust towards bitcoin. 

you cannot blame any person who think that Bitcoin does not have any feature benefit you cannot also blend any person who think that bitcoin is meant for scam, sometimes to we should not blame anyone who said Bitcoin lacks in potential and insecure that is their level of understanding concerning cryptocurrency and the especially Bitcoin so our thinkings are very different which it does not have a comparison with others that is why I always emphasize that whatever thing that you want to do it with your personal decision don't solicit much idea from people who does not know it

The people who sold during that time never made sense to me even back then. I mean it was obvious that the price was low and it would go up, and yet they were still selling. Volatility is a reality in the crypto world, so yeah it could go down and the price going down means that a lot of people sold, if they didn't sell then the price wouldn't have gone down, but since it went lower then it means that people sold because that's how the price goes low.

But considering it went under 20k, at some point people could have stopped, I mean still selling when it is not even 20k means that people had no idea it would go up this much. Same logic applies to going up, some people must have bought under 20k to make it go up, so they were the real smart ones.

bitcoin is dead are words I've heard for a long time, and I always thought it was FUD. When something negative happens to bitcoin, people say bitcoin is dead. However, when the price of bitcoin recovers, people will regret why they didn't hold onto the bitcoin they had. Things like this always happen over and over again. Because of that, people who hold bitcoin are people who are willing to take risks. There's a lot of FUD out there, maybe even after this. However, the winners are the people who persist and continue to take advantage of the situation.

That's what I have also been wondering. In the past, every time Bitcoin price started to rally, we often saw a lot of articles or news about Bitcoin being dead or a bubble after the price increase. After witnessing these past two Bitcoin halving, I have realized that this kind of scenario has been happening repeatedly. For you, it is an opportunity to purchase Bitcoin after seeing a FUD like this one, but for me, if I see anything about this kind of post, I can finally say that we are about to experience the bull run.

In the upcoming weeks or months, we will surely see more of these kinds of questions and news/articles that will spread bad rumors about Bitcoin or a certain country will give restrictions on the use of Bitcoin inside their country.

If ever there's a pullback in price because of those FUD, I'd also say that it is a chance that everyone should grab to be able to ride with the rally of Bitcoin price to the moon. 🐱‍🏍

Bitcoin price changes all the time, about a year ago Bitcoin price was a small price from where buying a dip in Bitcoin would have resulted in 4 to 5 times more profit than today. Note that only long term is the most valuable, the more dips you buy and hold for longer the more you can reap the benefits. Of course, it is very likely that Bitcoin will hit $100,000 in 2024.

It's been a long time since I've seen anyone, or seen articles circulating about the death of bitcoin. Honestly, I would love to see more viral articles about bitcoin dying. Because every time those articles appear, I know I have an opportunity to buy more bitcoin cheaply. But I'm pretty sure we won't find any such articles during this bull season and no one will be interested in it because everyone is busy making profits from bitcoin. But in a bear market, I think we'll see more bitcoin dead posts and that's a sign it's time to buy more bitcoin  .

Such kind of article was in the time past not now that the price of Bitcoin has skyrocket giving us more of green candles.
We should be happy that we are in the bull because a lots of people had been manipulated to sell their Bitcoin with loses because they thought Bitcoin would never go bullish. We need to understand the market so some random people would not receive us to sell our holdings because the market has been moving in a consolidated manner. More green candles coming.

Absorb FUD and adapt to FUD as normal things in the market are lessons and challenge for newbies in this market. They will need a lot of time in this market to experience and learn about FUD and its effects.

It can take some months and even three or four years for newbies to understand this. FUD in bull market looks to be less in numbers and less severe than FUD in bear market. In bear market, people are more sensitive with FUD than in a bull market.

It is comfortable to see price rises with time but it is very painful to see price drops with time. Newbies will feel FOMO when price rises and panic when price dips, even rises and dips are in a big bull market.

In a bull run, dips are chances to buy and hold, not to panic sell and exit the market with loss.

People have been saying its dead, wrong. Its been vindicated time and time again. Its all about cycles; ups and downs are part of the game, especially in something as groundbreaking as cryptocurrency. You've got the believers and the doubters, but thats just the nature of any revolutionary technology.

Bitcoin isnt just another asset; its the future of finance. Sure, its got its risks, but what doesnt? The key is being smart about it. Like you said, diversify. Put a chunk in Bitcoin because its solid, its proven. Then play a bit with altcoins - 10% sounds about right. Its not just about making a quick buck; its about believing in the technology, in the change it represents. And for those naysayers? Let them stay on the sidelines. We'll see who's right in the long run

This one of the many times I have seen this Bitcoin is dead article, once Bitcoin goes into dips it's considered dead, that hilarious. Bitcoin have been for a decade plus and yet it's not dead, is it a for just a little dips that it will be dead? Bitcoin has proven itself for over years now and there is nothing anyone can say that will pull people of of it.

This concept of bitcoin is dead was coined by some big time I
haters of Bitcoin and from this have decided not to make any profit from it trying all there best to push people out of it with there so called articles, perhaps I have trust in Bitcoin and I'm absolutely enjoy it's volatile nature, it's a unique currency.

If you are too emotional, then it's not easy to gain from cryptocurrency. There will always be FUD, and we have to understand how we should handle it. If you just believe what others have been saying, including the media, then you will always be afraid. You can't buy Bitcoin even if it falls to the $5K zone. It's because you aren't ready to take the risk anyway. Without taking a risk, who can gain in crypto? I don't think you can gain anything if you read all the fake news. Investing in crypto means you shouldn't panic during the FUD. Bypassing all the FUD Bitcoin stands very strongly and is currently trading appropriately at $70K, creating new records. 

I think if they understood the context about Bitcoin volatility then they would understand that its actually all part of the process and besides what the essence of Bitcoin having a bull season and a bear season, I mean the two seasons are there for a reason and it help keeps the balance of the whole system especially when we come to see Bitcoin from the whole investment perspective. The dump is actually a time and opening for the strong to buy and hold again and it's a period for recovering so rather than calling Bitcoin dead, I think sleeping period would be more preferable.

Based up on 99bitcoins.com/bitcoin-obituaries/

The latest situation on which Bitcoin had died on 476th.

‘Bitcoin Has Failed’ – ECB | $51,304.97

Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment.

Source: link above.

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Well, these kind of sentiments do really come out whenever Bitcoin do make out some dips but wondering into those people who have believed
and checking or seeing out the price as of this moment, then pretty sure their own views and sentiments would be changed up directly. 

Life is colorful and our world is a society. And as a society there will be many different types of people, we cannot expect everyone to think like us. Therefore, it is very normal for someone to say bad things or spread negative things about bitcoin. And just because they spread or talk bad about bitcoin doesn't mean what they say will happen or that it's true. Just like us, bitcoin investors keep saying that bitcoin is the best, bitcoin is better than gold or real estate, and it will become more popular than any of those things. But that does not mean that gold and real estate will become useless and no one will need it anymore. Everyone has different preferences and each asset will have pros and cons.

For some people it was dead, and for some people it is still dead I must say. Bitcoins were never liked by many people I must say. They always search for negatives of the coin and always criticise it. Now when the price has broke the ATH record, these people will come back and will praise the coins. This is just a regular thing I must say and this happens everytime. But we all die hard Bitcoin fans know that, it was never dead.

I dont get the part of Bitcoin is still dead. or Bitcoin is a deal? I mean you always see how Bitcoin recovers from the drops it has its ups and downs for sure but wasn't dead at all, I mean it has its up and downs for sure and that was probably a normal thing, especially in a market like a cryptocurrency, its still kinda new technology even though it was already running for many years, how is it dead like your saying?

If you are going to ask me these kinds of things are just normal, there are always going to be believers in Bitcoin and people that is not going to like it for sure, there will be haters and some who are not going to believe in what Bitcoin can actually do or can actually achieved that was just pretty normal for sure. It was completely fine if they dont believe in it then just dont invest in it at all, if they think the Bitcoin is dead then dont buy it at all, but the fact that you could already see Bitcoin recover many times saying that Bitcoin is something, it wasn't dead at all.

If you were not lucky at all to buy Bitcoin when the market price is low, it's still going to be okay because there are always going to be an opportunity for you to get in, Even though your wasn't lucky at all with that, I still going to recommend investing on Bitcoin, because it is just the safer investment that you could make especially here in the cryptocurrency market, its a very risky investment for sure but you could say that the profit was fast compared other investment that you could make, Investing on altcoin market for sure is tempting, I wouldn't really going to stop you investing on altcoin market because you can already see the ROI of this altcoins compared to Bitcoin it has a higher return but for sure that is going to be riskier to Bitcoin. what you could easily do here in invest a high percentage of your portfolio on Bitcoin then probably 10% put it on altcoins just to see and gamble it, I mean it wouldn't really going to hurt losing that 10% its going to be a calculated risk you could easily recover form it.

We all know bitcoin market is volatile and very risky in bitcoin thinking about the volatility if investing in bitcoin and if you have enough knowledge about bitcoin and invest skillfully in bitcoin you will surely succeed with investment. Even in November December 2023, the Bitcoin market was very low, those who invested in Bitcoin have benefited a lot. We must be patient when it comes to Bitcoin investment. We must invest patiently. Many times we lose patience. If we can invest patiently for long term, we will definitely succeed in Bitcoin investment.

Yes, this has happened to most strong holding investors today that they missed opportunities to had bought and investing in the Bitcoin even when it was lower than that of $17K with the same reasons of the media speculating false rumours about the Bitcoin digital currency of being one of a ponzi schemes as others had always existed and ended up defrauding their investors.

There are always Phish able and convince able reasons on how the media speculations could turn around the reality truths to be fallacies just for the sake of being sentimental along the lines. Hence the media is already known for keeping the reality beside while campaigning along with lies which probably can convince the audience to node at it onto the fact that humans are more interested to hear the lies full of sugarcoated words than the bitter truths.
The strong hold of Bitcoin sentimentality periodically lies on the media.
OP, I would not blame you because you stick more on the Media and mentally you feels the media would always standby to give you the reality latest updates without your ability to understand that they are just being manipulated by some individuals, organizations and even by the governments.
Else you would had got it differently that a claimed dead Bitcoin at the value of $17K which has in a short while risen to the value of $20K is a promising project to have more upfront values. Just a matter of time.

OP, what is your stance in Bitcoin since 2022 you had interest in the digital technology Bitcoin development as at when it was $17K which the media convinced your thoughts towards embracing the industry? And then the media keep on evolving around being sentimental with the same Bitcoin accusing to be a dead project and yet it lives heatedly til its value rised even over the $70K of your awareness but surged over $722K.
And same Bitcoin potential you in particular OP had sighted or predicted that it would soonest head up to $100K in value and yet you behave like you are still cordially sticking by the influence of the medias.
Is it not obvious to you that this so media is being sentimental with a huge grudge for Bitcoin and despites their criticism towards Bitcoin the Coin has never ever been fluctuated due to the biases of the media?

Well, I must tell you that the value of Bitcoin fluctuates as maybe known as volatily in the crypto industry which it's value is depended on its demands and supplies and not determined by the ETF and not even answerable by the media as the audience are being influenced about.

But up to til date Op, I have not heard you giving a testimony of how you plugged out from further influences of the media since the 2022 you were being brainwashed about the potentiality of Bitcoin up til date of 2024.

Are OP still in doubt about the Bitcoin potentials? Do you need further evidence that Bitcoin is a never dead but a living mile stone ages to ages digital technology currencies?

OP, how long would you keep to live by the medias criticisms towards Bitcoin which has the potentials of giving the living lives meaningful and reliable financial gratitudes?
Behold, Bitcoin is a living coin and a growing project. You can not compare the potentialities of Bitcoin to the altcoins. Hence Bitcoin is the kingship in the spaces of the cryptocurrencies which altcoins derives its reliances on the Bitcoins volatile values. So if you must Invest in a reliable and a reputable crytop currency then OP, you must Invest in the Bitcoin and so, you can have your peaceful night sleeps all days and nights without the fear of falling into the memecoins or loosing your funds at the cause of Investing on non profitable potential coins.
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