Topic: Is this the end for bitcoins ? - page 21. (Read 3476 times)
I agree to what the majority said that it is not the end of bitcoin. I am new in bitcoin that is why I'm hoping that it will last longer so that I can earn also money from it like others did.
I personally feel this is not the end of bitcoin, if bitcoin will end then I'm sure the cryptocurrency world will end too, the more tokens are popping up then I feel the world of cryptocurrency will not end in the near future especially bitcoin, I'm sure despite a lot of resistance on bitcoin, bitcoin will still survive.
bitcoin is still on high price. maybe now bitcoin is going down but this is not the end of bitcoin still $11k that value is still high compare on the past year
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
That's quite absurd to make a conclusion. this is too early to day that Bitcoin will now end just because its market value is falling which is possibly because of its natural vilatility. As such, this thing is just normal and eventually, its market value will again increase. So just continue holding and do not believe on tha claims of other peiple because no one really knowswhatvwill exactly happen to Bitcoin.The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
Theres no can say bitcoin will be end because the movement pricing of bitcoin is rising and low pricing so that theres no can preddict it if what happen on bitcoin in the future.
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
That's quite absurd to make a conclusion. this is too early to day that Bitcoin will now end just because its market value is falling which is possibly because of its natural vilatility. As such, this thing is just normal and eventually, its market value will again increase. So just continue holding and do not believe on tha claims of other peiple because no one really knowswhatvwill exactly happen to Bitcoin. The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
I don't think it will ever be the end for bitcoin and because of this nonsensical "end" that is always looming above bitcoin's head there is now dedicated sections to how many times bitcoin has died on several websites. Most notably I found this one on 99 bitcoins https://99bitcoins.com/bitcoinobituaries/ and they claim bitcoin has died about ~250 times now which is hilarious if you ask me 
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If we talk about the end of bitcoin i cant see any tail that this bitcoin turns to zero value this is now getting more trend and it is now getting more popular,how come this bitcoin ends? many of all the investors today believe in bitcoin I think bitcoin can really never end because it really helps a lot and many people wanted to have and ingage on it for good ,maybe we should wait for the other update about the price and we need to have more patience because we all know that droping and pumping of the price is really the nature of bitcoin. .
I think there is no end of the bitcoin now. As you can see bitcoin still had some important use and therefore will continue to be used like on money transfer transactions and other online payment.
Bitcoin is a digital currency why it will end. Now world is digital so i agree with you that bitcoin is no end. Bitcoin made transaction easier. When all the country accept it then it will very easy to use.
I don't think it will ever be the end for bitcoin and because of this nonsensical "end" that is always looming above bitcoin's head there is now dedicated sections to how many times bitcoin has died on several websites. Most notably I found this one on 99 bitcoins https://99bitcoins.com/bitcoinobituaries/ and they claim bitcoin has died about ~250 times now which is hilarious if you ask me .
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I think there is no end of the bitcoin now. As you can see bitcoin still had some important use and therefore will continue to be used like on money transfer transactions and other online payment.
Bitcoin is a digital currency why it will end. Now world is digital so i agree with you that bitcoin is no end. Bitcoin made transaction easier. When all the country accept it then it will very easy to use.
The fluctuations of Bitcoin price to lower value doesn't mean Bitcoin will die . Bitcoin will replace the National currency.The value of Bitcoin is raised to 10,000$ soon we can expect the price of Bitcoin will reach 20k$.In the upcoming Chinese new year, we can expect huge difference in bitcoin price. In February itself, it may reach 20,000$.Just hold on to see that miracle.
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
It will be a long long time before bitcoin ends. But for now, let us do what we can or work hadr for it so that we can earn what we deserve.
Just to counter with something straightforward but often unstated, the Dollar which is kinda the other end of Bitcoin and also could reduce to zero worth. The cost of producing a dollar note is above 1 dollar because its made from cotton, no matter as most dollars remain digital not issued physically.
The problem is the debt of the issuer of dollar notes has liabilities so great the worth of the dollar is possibly zero and unsustainable in repaying those debts. That'd be fine if the debt was secured over 100 years, 50 or even 20 but its average term of debt repayable on demand for US treasury is about 4 years. The UK term is 13, we failed in the 1970's
US gov cant ever go broke, they just write themselves a new cheque from new money. One hundred years ago that was illegal and a balanced budget realistically long term was a requirement but its possible now in effect via Federal reserve. The big but to that is dollar worth will be wiped out if they do pay for the debt owed in dollars by continually producing more dollars, its debasement and basically a failure of the dollar standard.
If I read a nobel prize winning dude mentioning any of those possibilities then great, I value his opinion but if its just one sided stating how Bitcoin isnt backed by a government or military or politics then he failed to weigh up all factors.
If we lived with sensible money at normal interest rates then BTC probably would be more of a toy but all major economies are tied to dollar and similar QE measures. Japan especially is so far down the yellow brick road its shockingly bad, we dont want to look behind the curtain. I dont think BTC takes over but I doubt it fails while any of the excess debt remains
The problem is the debt of the issuer of dollar notes has liabilities so great the worth of the dollar is possibly zero and unsustainable in repaying those debts. That'd be fine if the debt was secured over 100 years, 50 or even 20 but its average term of debt repayable on demand for US treasury is about 4 years. The UK term is 13, we failed in the 1970's
US gov cant ever go broke, they just write themselves a new cheque from new money. One hundred years ago that was illegal and a balanced budget realistically long term was a requirement but its possible now in effect via Federal reserve. The big but to that is dollar worth will be wiped out if they do pay for the debt owed in dollars by continually producing more dollars, its debasement and basically a failure of the dollar standard.
If I read a nobel prize winning dude mentioning any of those possibilities then great, I value his opinion but if its just one sided stating how Bitcoin isnt backed by a government or military or politics then he failed to weigh up all factors.
If we lived with sensible money at normal interest rates then BTC probably would be more of a toy but all major economies are tied to dollar and similar QE measures. Japan especially is so far down the yellow brick road its shockingly bad, we dont want to look behind the curtain. I dont think BTC takes over but I doubt it fails while any of the excess debt remains
It's not true, there's a lot bad information about Bitcoin because anti Bitcoin spread it. But many people don't believe that. Even though Bitcoins will experiencing some dip over the past time. Ending of bitcoin does not happen.
I think there is no end of the bitcoin now. As you can see bitcoin still had some important use and therefore will continue to be used like on money transfer transactions and other online payment.
For it to be the end of bitcoin they should decree a total break within the finance executive of the same, that is, that the values continue to decrease more and more. I do not think it is the end, however if they do not rush to solve the problem of falling values, they could have a total break.
It's really not impossible for Bitcoin to crash further, but it's sort of unlikely since price seems to have found its base above the $10,000 level which is a good sign that investors are confident that Bitcoin's value is truly above $10k.
Most investors are speculators who continue to disturb bitcoin, as happened earlier this year prices fell by more than 45%, some think that this is due to the influence of chinese new year because the biggest user of bitcoin is china.
No. Tulips have an expiry date. Also trading them was much more difficult.
For me bitcoin will not end for this is only the start of the expanding community of people who invest in cryptocurreny most likely bitocoin. So far bitcoin is one of the cryptocurreny that this kind of market value although back in 2017 it is much higher, bitcoin is just going through a decline in value in the market but there are still lot of people who believe and invest in bitcoin so there is a high possibility that bitcoin will still go back to its track where it will increase its price higher than before. Therefore bitcoin will not end not now and not in the near future.
It's really not impossible for Bitcoin to crash further, but it's sort of unlikely since price seems to have found its base above the $10,000 level which is a good sign that investors are confident that Bitcoin's value is truly above $10k.
I do not agree that bitcoin in its current form is worth this money, but his credit is that he gave a push. At the moment, many currencies surpass it in many ways, but their price is not so high.
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
Definiely , it is not. Bitcoin is just experincing declines on its market value and I think it won't pull Bitcoin down. Its market value is still expected to be expensive this year.The best thing to do right now is to just HOLD and invest while its market value is still low. Let's just wish that positive thing will be to Bitcoin as this year is passing by.The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
Look at it this way, at this point in time, thoae bubbles wouldn't go very far before being exposed. If bitcoin will crash entirely or if their so called bubble popped, then it should've happened last year. Btc has been deemed legitimate by economic analysts. Its that its really risky due to its volatility but its far from those bubbles in the past
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