Topic: Simple Bitcoin Question - page 6. (Read 1430 times)

how do you assume that, the death of bitcoin I think is impossible because we can see that there are already many cryptocurrency projects that are running and developing rapidly and all of them are still closely related to bitcoin as a coin if bitcoin dies then they will become a substitute for bitcoin as a derivative. in digital economic transactions

Bitcoin is not a dead project. The problem today is that we need to tell people about cryptocurrency. There are still people who don't know about Bitcoin, and crypto. If we can spread it, then Bitcoin will grow.

I do not believe it will die, because all transactions in the deep web must go through the BTC. If you need my suggestion, I can tell you that you need to study about Socrates. It helps to get reading annoying personal meetings and paperwork. I really like their philosophy! Moreover, if a person purchases their card, they will be provided with an additional discount and special condition. But let's say bitcoin dies. If the rule has caused this, others will also die. Even if other electronic coins die or most of them die, new electronic money will come and will succeed in the future. Altcoins bear whenever the BTC market is red, and this is because their trading is pegged to the BTC. Bitcoin plays an important role in the market, if you pay attention to the market, you can see that alt increase mainly occurs when bitcoin is increasing, many people say bitcoin is dead because it can not exit the market. bear, but they do not pay attention to the volume of transactions, bitcoin still have large trading volume, we need new funds to support bitcoin to break through the resistance, i think if bitcoin can overcome that level , many investors will come back again

Although this year the market has fallen too long, that doesn't mean that bitcoin is dead. Be patient, bitcoin is a trusted cryptocurrency, and bitcoin is more likely in the future to grow higher.

I suppose it depends on how you define dead. Since the last major criminal money laundering exchange BTCe was crushed by the USA there is no one exchanging massive amounts of btc. Money laundering was the best destiny and most realistic market for bitcoin.

The months of $6,500 btc price is major terrified investors using bots to prop up the price for fear of losing it all in a crash rally. Most of the major businesses that were accepting bitcoin have stopped. Other than some crazy people in a very tiny country (Japan) using bitcoin I can’t see any major sales market developing anywhere in the world. People buy bitcoin to hold like it’s a gold bar that will go up in value even if it’s never used for anything. That’s simply not true. If it’s never used it won’t go up in price. Bitcoin is still very difficult to use compared to your debit/credit card. The exchange cost and transaction fee adds an expense to routine purchases that makes sales tax and shipping look cheap. Many countries have outright made bitcoin illegal or like Canada imposed a banking ban against it. In another “Trendon Shavers” style major bitscam, billions in bitcoin were lost in an India Ponzi scheme effectively turning off a huge country full of potential users. Monero is more effective for bitcoins previously huge market sector - criminals.

If your definition of dead is not used or held by anyone anywhere in the world then no, bitcoin will never be dead. I still know a guy that uses 8-track tapes to play music. If a couple of people are still using bitcoin then it’s not dead. If your definition of dead means slowly becoming little used and obsolete in favor of newer and better options then yes, bitcoin is dead.

People are talking on the street that Bitcoin is a dead project? Never heard anything similar of that. Maybe Bitcoin is surviving the slump in prices this year, which leads to a decrease in people's interest, but Bitcoin is not dead, because too many people are holding massive amounts of him.

The answer to all these questions is actually very simple. I can explain in one sentence. Free Market Economy! The market fluctuates continuously until it reaches equilibrium. When equilibrium is achieved, the market calms down and only rational moves come.

If anything bad happens with bitcoin and cease to exist, which is very unlikely to happen, most crytpocurrencies tied to it will also fall and few promising coins will survive the onslaught. What will attract investors to BTC is its wide utilization across merchants who accept it. The people should realize the truth about BTC and not just because of the hype that surrounds it.

The death of bitcoin would decouple all the other projects from it but it would leave most of them dead.

When bitcoin goes up, the other projects go up because their rate is "fixed" to bitcoins, but then the people holding altcoins might decide to exchange some of the alt for the higher security of bitcoin.

Once bitcoin is finally decoupled from fiat and more tied to everyday items (like a gallon of milk, or the price of a house). The other cryptocurrencies may follow. Such a decoupling would break the strong connection bitcoin exchange rates on exchanges and the value of different currencies.

I think there are many simple bitcoin questions.
first of all the simple bitcoin question is how people use it that they do not have trouble when they invest in bitcoin.Before you invest you should also know the bitcoin cost because many people ask questions they have not yet found the answer It is good to think that you are the only one who can answer your question.

A lot of people keep on saying bitcoin is dead because it's unable to get out from bear market, but they don't pay attention to the transaction volume, bitcoin still got huge transaction volume, we need fresh fund to support bitcoin

Show the beginning of the following lines to be line lines to ETH because it is an toàn and priority is over the Bitcoin. Bitcoin may be die but its line of it will be pump into other coins

Bitcoin is far from a dead project -- the very fact that we are having this discussion is a testament to the current lack of maturity of the market. Bitcoin is still the leader in the market with plenty of developers working hard to build its infrastructure for mass adoption. While it could lose the number one spot at some point, the project is still very much alive.

Bitcoin plays an important part in the market, if you pay attention to the market you can see the alt rising mostly happened when bitcoin also rise, a lot of people keep on saying bitcoin is dead because it's unable to get out from bear market, but they don't pay attention to the transaction volume, bitcoin still got huge transaction volume, we need fresh fund to support bitcoin so it is able to breakthrough the resistance level, I think if bitcoin could surpassed that level,  alot of investors will come back again

Bitcoin trading is pegged to USD, I see no reason why altcoins won't emulate this.
Altcoins suffer whenever BTC market is red, and this is because their trading is been pegged to BTC.
Nobody asked any company to peg it token/coin to BTC, if they want to see changes in altcoin market, they start trading with USD instead of the usual BTC.

A dead project?  Which one?  Bitcoin cannot be considered as a dead one if theres a community continues using it, as you can see all altcoins prices are depending on bitcoin's price, if bitcoin dies, do you think that all projects behind crypto currency will survive without bitcoin, i think its now. you are so obsessed of it because,  idont know if you are loosing hope or you are getting more losses now on your investment. But considered it as a part of the ecosystem in crypto currency.

some news made bitcoin back pumping performance to re-master the market and there are some news that i read to make btc price back. I believe btc is a living coin and will not die because the concept is that all markets rely on bitcoin. such as ethereum, bitcoin cash, ripple and other coins. they have incredible community and developers so if you want to buy the coin, trader must exchange it for btc.

Wait a minute, please reconsider your statement. The first thing that you should understand is bitcoin price is depend on people interest, but since bitcoin is not spread evenly then there some people who have many amount of bitcoin and they can manipulate bitcoin price, and you should know that someone can influence bitcoin price only with 1000BTC . Second, most of bitcoin investors are speculative investors so they are like you and me who waiting for bitcoin price pump to sell bitcoin in the high price. How bitcoin price can rise if most of people want to sell their bitcoin??   Please don't focus in bitcoin price only, but most of us should more focus in bitcoin acceptance by merchants, that's very important.

Not everyone knows this, but bitcoin is still a Beta software. So it is not dead. People are still working behind it(core devolopers). Bitcoin cannot death free all markets. I don't even how that is possible or what it even means. This is so not a simple question but a stupid and a senseless question. The price of any monetary item is derived by demand and supply. So for a bull run, you need more demand than supply, which is likely to happen, but there are people who just send bitcoins from one address to another and fuck basic economics up.

First of all I don't think bitcoin will die. But let's assume bitcoin dies. What will happen to other cryptocurrencies depends on the reason of bitcoin death. If regulations have caused this, Others will die too. But the reason can be a better coin that has replaced bitcoin. Even if other cryptocurrencies die or most of them die, new cryptocurrencies will come and will be successful in future.