Is it the beginning of the end of bitcoin ?

JCO05

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people loose its trust from the bitcoin...
Is it the beginning of the end of bitcoin ?

Surely, this won't be the end for bitcoin. This scenario is something that is normal and natural when it comes to cryptocurrencies. The dumps in the market is hundred percent temporsry and that being given,market recovery is always expected to happen. Do not panic and just be calm. Recovery will soon take place and holding will be necessary.

killat

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Be the reason someone smiles today

It all depends on how you look at it.
1 Bitcoin = 1 Bitcoin
Yes, the price of Bitcoin against a highly manipulated currency called the US dollar is going down,
but that's because the people controling that currency (USD) are manipulating the BTC price.

Why? because they think that by pushing the price down they'll discredit Crypto.
Unfortunately for them, this will have the reversed effect of what they are trying to achieve,
but they don't understand that yet.

The end of Bitcoin is not close, btc will recover by the end of the year

mullzerwar

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It is not the beginning of the end of Bitcoin. Yeah, we all can see that the price of bitcoin is low. Many people sell out their coins recently. It makes the price to be worse. However, some people perhaps take advantages of this condition by buying more bitcoins at this low price to get into their long-term investment. As this condition, it means that bitcoin will still last longer even the price is now still unstable and changeable. We are sure about this. Bitcoin will never end this way. Just don't be panic and stay on positive thinking of bitcoin.

snekinmyleg

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people loose its trust from the bitcoin...
Is it the beginning of the end of bitcoin ?

You are one of those who do not have the patience and can say that you are afraid to see the price of Bitcoin down below 7k. If you are a longtime investor, you will find this to be a very normal market

feegro77

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It could be seen that the decline in bitcoin prices continuously within 3 months, it seems the bitcoin heyday has begun to run out. Let alone the value of the decline is more than 60persen.

vionas

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people loose its trust from the bitcoin...
Is it the beginning of the end of bitcoin ?

no, this is not the beginning of the end of bitcoin, the market is currently not as stable and it is normal if bitcoin falls and all crypto coins also decrease. But the market will improve again, and bitcoin prices will increase as well.

Rinzo

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no it is not. like every business, there is the lean and rich period. like every stock, there is appreciation and depreciation

amadorj76

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Quote from: Arkhi on April 08, 2018, 03:33:00 PM

Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people lose its trust from the bitcoin...
Is it the beginning of the end of bitcoin?

Maybe for some people with this bitcoin price drop, will be used as a strategy in investing to get multiple benefits.
Investors buy large amounts of bitcoin when bitcoin is cheap because their bitcoin analysis will increase in price and bitcoin will continue to exist.

We don't need to loose hope and wait for the bitcoin price to rise up again, because it is normal in bitcoin price to go up and down but it doesn't mean that it is the beginning of its end.

RoolBi

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For a technology platform like this that ends, it's not easy. To end the bitcoin I think it must be at least 10 years away. Then the technology will grow up and bitocoi will be eliminated if it is not improved. Now to finish it, I think it will not happen.

Ampong2121

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people loose its trust from the bitcoin...
Is it the beginning of the end of bitcoin ?

No! It is the beginning of good news because if the price is low then its the good time to buy bitcoin, we all know that bitcoin price is not stable so expect that there are the time that the price is low, and its the opportunity for the investors to invest in bitcoin.

Blackhammer321

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I don't think so. Just because the price of bitcoin and some cryptocurrencies in the market are at a huge decline as of now doesn't mean that bitcoin would face it's end sooner. The flexibility of bitcoin has proven us too many times that it could turn a bad tide to a price increase in a couple of months. Just give bitcoin time to recover.

troglobait

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Why does everyone think that the BTC might end? My opinion is that it is an excellent technology that develops with the market. The course is certainly volatile, but it's normal for a new market.

Umar001

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Far from it, I don't think bitcoin is going to end, bitcoin has came to stay, market dawn doesn't mean bitcoin has ended, price of bitcoin would soar again, bitcoin is live.

vadimkr

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"Beginning of the end"? More like the beginning of the beginning... Wink

I believe that digital currencies are the future and the old currencies will ultimately wash out because they offer old functionalities. Bitcoin is clearly trending up, and sometimes, sure, there is mass realizing of investors and therefore we can see temporary setback. Yet, the trending is very clear if you look at the last few years' sentiment.

brickafterbrickwalldpt

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I don't see any reason why would Bitcoin end? Because its price is falling? Don't be stupid. Are you looking only at the price charts? Bitcoin and altcoins price doesn't matter right now. We should be concerned more about making Bitcoin faster which will attract many more people to use it. Adoption is very important right now. Bitcoin becomes more and more popular, larger adoption might prevent banning it.

Arkham Knight

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For the people who feel they are expert after trading bitcoin for months or 1 year, yes. They are the people who believe it's the end of bitcoin but not for us who have been here for many years. This phenomenon is just normal for us.

Techie5879

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Back from the Dead!

Its just not that simple, many factors affect the price of bitcoin, and any one of those factors might just reverse market conditions at any moment. The common theory at the start of this bearish looking trend seemed to be that we were approaching a long term downtrend like 2014. However, many renowned analysts have changed their opinion and are now looking at BTC as if it is getting ready for a huge upward spike after bottoming sometime in April 2018, then rise to around $50k and then fall to around $10k, which would still be higher than the current rates.
We can only hope for the best

Arkhi

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people lose its trust from the bitcoin...
Is it the beginning of the end of bitcoin?

Maybe for some people with this bitcoin price drop, will be used as a strategy in investing to get multiple benefits.
Investors buy large amounts of bitcoin when bitcoin is cheap because their bitcoin analysis will increase in price and bitcoin will continue to exist.

Lintel

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Quote from: stevemichael on March 22, 2018, 01:17:31 PM

As we can see the price of bitcoin going down and lots of people loose its trust from the bitcoin...
Is it the beginning of the end of bitcoin ?

No, not at all. The falling down of the price of bitcoin is normal in cryptocurrency world. it doesn't mean it is the beginning of bitcoin's end . it is far from over. it will rise up soon.

3acaga

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Hello, the stage of bitcoin correction has just come - it happens with all financial assets always, and we need to overcome this period.

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