Topic: Is it Game Over for Bitcoin? - page 34. (Read 48106 times)
I don't see the reason for you thought that it's game over for bitcoin. This would not be the first experienced down fall of price neither would it be the last although I am of the believe that this current bearish market would take tine
We cannot conclude easily that it is over just because it falls hard. Still believe on the potential of the coin and the fall will end and the correction will be fine. I am holding more and believe that it will increase the price which gonna give good profit. Wait and be patient, time will come that will be worth it. 
Its a game over to those who have weak hands and sold all their precious btc early, as long as cryptomarkets are existing and trading millions of money every hour then theres no game over yet we are just in the middle of the game and those who will quite and cannot hodl anymore will cry in the next bull run as I observe markets is just a repetitive cycle, up down, down up.
I believe that the price of Bitcoin will necessarily grow, because it is the basis of the entire cryptocurrency market, but due to the strong fall that we see recently, the period of recovery for Bitcoin may be delayed indefinitely. Perhaps even in the first half of 2019, the same situation will continue as it is now, so everyone who has Bitcoin needs to be prepared for the fact that its price growth may not start soon.
It can't be the end when whales are bagging assets at cheap price. Bitcoin will always be the best assets ever, so don't be decieved with what people say.
the game for bitcoin is not over. it's just the beginning of the next stage of growth both the price and usage. it's too early to bury bitcoin.
I don't know if this is still a game but what I know is that a lot of people are earning a lot of money in here.
Bitcoin will not be buried that easily. Even if the price of Bitcoin is going down in these times, the price is just a normal movement for the investors, we should be really used to these kinds of movement as we are investing in a volatile cryptocurrency. Also, it is not the beginning, we already passed the beginning of Bitcoin, if I will be asked, this is the mid game.
Bitcoin will start playing again, and there will be a surprise in the future, I think bitcoin will get stronger and have more unique games than yesterday. 10 years is a special development and continues to prosper, currently starting at the beginning and later will become a more exciting game that is released by bitcoin.
none of them can be sure of what the crypto currency will be because the development of the crypto currency depends on the investor itself
Not sure that the development of the crypto currency depends on the investor itself. I think partly i depends on the action of crypto world.
I don't see the reason for you thought that it's game over for bitcoin. This would not be the first experienced down fall of price neither would it be the last although I am of the believe that this current bearish market would take tine
The game is far from over and I consider the recent big price drop of bitcoin a part of cryptocurrency price cycle. The crypticurrency market would eventually recover in the next several weeks but bullrun might no longer possible in the year end. Dumping might also continue because some investors want to reduce further the price of bitcoin so they can start buying in lower price.
Only the guys, who do not understand the blockchain and the cryptocurrency can say about its death. For me, Bitcoin is a perfect choice. It gives us hundreds of opportunities and a chance to live better.
And we all know about it. this is not the end, it is just start. the winner is not who does not fall, but is who get up the first.
the game for bitcoin is not over. it's just the beginning of the next stage of growth both the price and usage. it's too early to bury bitcoin.
I do understand its not been easy seeing the price at which bitcoin is presently most persons just cant stand and some has made drastic decisions and all of that but still its not a game over rather some things were been tampered with and it will be fixed lets be hopeful for next year
Bitcoin isn't the one that should be blamed for people's greed, because the price in no shape or form reflects the utility of Bitcoin, just people's greed.
It actually surprises me that you bring this up, because when I look at the date you registered your account, you (in case you are still the same account owner) very likely have seen the market tank below $200 back in early 2015. Back then people said it's game over as well, and here we are. It's just another cycle we are going through.
$20,000 versus the various correction scenarios.
80% = $4000
85% = $3000 (my guess based on technical ball analysis)
90% = $2000
We're getting there.
It actually surprises me that you bring this up, because when I look at the date you registered your account, you (in case you are still the same account owner) very likely have seen the market tank below $200 back in early 2015. Back then people said it's game over as well, and here we are. It's just another cycle we are going through.
$20,000 versus the various correction scenarios.
80% = $4000
85% = $3000 (my guess based on technical ball analysis)
90% = $2000
We're getting there.
Yes, greediness took the troll out of everybody. If you take a good look at bitcoin's price history, it always repeats itself. This is a great deal now because many newbies started investing in bitcoin and altcoins last year, especially during around December 2017 and they are pissed off plain and simple. Angry mob gets bigger and bigger every time bitcoin crashes hard.
i think bitcoin has just started the game but many think otherwise due to the temporary price drop that has occurred during past couple of years which is also a big problem for bitcoins future but surely but like most experts in the financial field predict bitcoin can achieve a great future by giving a huge competition to major fiat currencies like dollar due to its high popularity and potential features
none of them can be sure of what the crypto currency will be because the development of the crypto currency depends on the investor itself
Bitcoin are proving its self right now, we are almost one year into the bank run on Bitcoin and everyone who bought there Bitcoins 15 months or more ago are all in profit. Bitcoin has proved that a currency can work without government to back it up.
it’s not easy to say when the market turn bullish, but I think we need to see a much greater sell off of Altcoins before Bitcoins starts to have a longer run of green months again.
it’s not easy to say when the market turn bullish, but I think we need to see a much greater sell off of Altcoins before Bitcoins starts to have a longer run of green months again.
Bitcoin isn't the one that should be blamed for people's greed, because the price in no shape or form reflects the utility of Bitcoin, just people's greed.
It actually surprises me that you bring this up, because when I look at the date you registered your account, you (in case you are still the same account owner) very likely have seen the market tank below $200 back in early 2015. Back then people said it's game over as well, and here we are. It's just another cycle we are going through.
$20,000 versus the various correction scenarios.
80% = $4000
85% = $3000 (my guess based on technical ball analysis)
90% = $2000
We're getting there.
It actually surprises me that you bring this up, because when I look at the date you registered your account, you (in case you are still the same account owner) very likely have seen the market tank below $200 back in early 2015. Back then people said it's game over as well, and here we are. It's just another cycle we are going through.
$20,000 versus the various correction scenarios.
80% = $4000
85% = $3000 (my guess based on technical ball analysis)
90% = $2000
We're getting there.
I want to elaborate on the points to get you to understand how bitcoin is here to stay.
Why are governments cracking down on cryptocurrency?
It is inevitable that cryptocurrencies are the future of payment. For the past few years, bitcoin has made it's mark as a medium of peer to peer decentralized payment system. It is fast, secure and cost less. The government crack down is because of control, not that bitcoin is not good.
Hacks.
Like the government, hackers are aware that people have moved their money into cryptos. Being a new technology that is evolving, there are so many loose ends and they are exploiting such. One of the reasons for government crack down is for exchanges to tighten security on the platform to guarantee assets are safe.
Institutional investors are exploring ways to come into cryptocurrency. Big names are creating departments to handle blockchain related issues.
These are not indication of a dying bitcoin.
Why are governments cracking down on cryptocurrency?
It is inevitable that cryptocurrencies are the future of payment. For the past few years, bitcoin has made it's mark as a medium of peer to peer decentralized payment system. It is fast, secure and cost less. The government crack down is because of control, not that bitcoin is not good.
Hacks.
Like the government, hackers are aware that people have moved their money into cryptos. Being a new technology that is evolving, there are so many loose ends and they are exploiting such. One of the reasons for government crack down is for exchanges to tighten security on the platform to guarantee assets are safe.
Institutional investors are exploring ways to come into cryptocurrency. Big names are creating departments to handle blockchain related issues.
These are not indication of a dying bitcoin.
That's certainly true, mate. Regulation can be a good way to enforce control within the crypto industry, to help reduce criminal activity and fraud at its minimum. Of course, there are some governments that consider Bitcoin and other cryptocurrencies as threats to their economic system. However, since most governments want to have power, they won’t allow crypto to replace them. Which means that if crypto becomes a high threat to them, they'll do anything to stop them.
In the case of hacks, they're inevitable since there's no such thing as a 100% secure system. This may affect the market for a short time frame, as panic spreads among crypto users (as well as hackers dumping their coins). For such situation, it's the user's responsibility to secure his/her crypto assets from hacks or theft. Despite this, the market seems to keep going down every day because of panic among investors. There needs to be some sort of regulation to help bring trust across cryptocurrencies, to be able to see an uptick or spike in price.
With the launch of Bakkt, I hope that things would turn out to become better for Bitcoin. The Lightning Network would also contribute towards an uptick in price, as it would enable Bitcoin to be used by the masses without interference (once a stable release is available to the public). Nonetheless, Bitcoin might survive as a cryptocurrency for years to come. The only thing would be its unpredictable USD value, which could be troublesome if you depend on Bitcoin as a source of income. Other than that, Bitcoin is still a functional and reliable medium of exchange unlike no other.
there are no gameover words in the bitcoin life, and i think bitcoin still live until the next 5 years, why? because bitcoin have the good blockchain system that will support it
absolutely true while there are still many users and many investors invest in bitcoin, the bitcoin career journey will still continue even though it often experiences price declines but that is not the end of bitcoinJump to: