The DEATH of Bitcoin Surfaces Again | Bitcointalksearch.org

dificanovi

full member

Activity: 840

Merit: 105

Buzz App - Spin wheel, farm rewards

Quote from: CryptoBry on September 04, 2017, 10:25:21 PM

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

they are very happy to see bitcoin down and do declining bitcoin festivities, but things do not last long, bitcoin prices are now rising again. if anyone hopes the bitcoin price drops to $ 100 it's just a dream.

faithupgrade

sr. member

Activity: 475

Merit: 253

ARCS - A New World Token

Hmm I believe it will touch 7k first before this massive bearish drop. Planning to sell my BTC to $USDT, and rebuy it under $1500, not $100 lols. If Bitcoin didnt make it to defeat $5300+ then the doom will start. You can SELL Margin to gain from this situation.

Quote from: CryptoBry on September 04, 2017, 10:25:21 PM

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

ekateriinae

member

Activity: 182

Merit: 11

Try as hard as you can!

Peoples do scared to the death of bitcoin. Look like every country start to again bitcoin.. holy bitcoinn.

no0dlepunk

sr. member

Activity: 490

Merit: 258

The death of bitcoin is everytime the noobs sell out on FUD! ha ha ha. Actually people can always kill bitcoins but it will always resurrect, nobody can kill it permanently unless the age of internet is over.

assyla

full member

Activity: 319

Merit: 100

Quote from: CryptoBry on September 04, 2017, 10:25:21 PM

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

This not the beggining of the end of bitcoin economy this is just a part of its innovation and development in which it happens to all things.

Barbarian

sr. member

Activity: 728

Merit: 250

Quote from: d5000 on October 05, 2017, 10:56:24 PM

Quote from: Barbarian on October 05, 2017, 06:14:34 PM

Not as big as the interest of the banks and governments around the world so I expect a huge attack to some in the next years as they realize that bitcoin is in fact a threat to the way the world works and that in this new version they are going to be left without a job.

I don't think banks will be "left without a job", but their importance will be declining. In a crypto-ruled world, they would do what they best know: risk assessment. But they would lose their monopoly on many other services.

What I don't think is that they will be able to forbid Bitcoin entirely. There are simply too many countries in the world, and surely one or two will profit from a liberal crypto regulation.

Governments, in my opinion, are not so much affected by cryptocurrencies. Their ability to "print money" is greatly overestimated in this forum Wink

So no, I only expect "attacks" from single states to Bitcoin (Bangladesh ...) or on particular aspects of cryptocurrencies (e.g. unregulated ICOs).

The problem lies in another aspect of Bitcoin:

Quote from: smartbitcoininvestor on October 05, 2017, 08:50:03 PM

Simply invest in businesses/stocks/cryptocurrencies with solid fundamentals and you won't have to listen to the noise over a long period of time.

The fundamentals of Bitcoin and every other cryptocurrency out there are not solid enough, in my opinion. They are still volatile as hell and so unusable as "currencies" (above all "units of account") and scalability is also still not solved (we're operating currently near the capacity limit!). So it's not guaranteed that Bitcoin's price will go up in the future ... $5000 may have been the peak! (I don't believe that, but it is possible ...)

Maybe I was exaggerating but you get my point bitcoin is going to make them decline if 10% of the population begin to use bitcoin then that is 10% of the population that are not going to use banks and that will not need them for anything in their lives.

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Quote from: Barbarian on October 05, 2017, 06:14:34 PM

Not as big as the interest of the banks and governments around the world so I expect a huge attack to some in the next years as they realize that bitcoin is in fact a threat to the way the world works and that in this new version they are going to be left without a job.

I don't think banks will be "left without a job", but their importance will be declining. In a crypto-ruled world, they would do what they best know: risk assessment. But they would lose their monopoly on many other services.

What I don't think is that they will be able to forbid Bitcoin entirely. There are simply too many countries in the world, and surely one or two will profit from a liberal crypto regulation.

Governments, in my opinion, are not so much affected by cryptocurrencies. Their ability to "print money" is greatly overestimated in this forum Wink

So no, I only expect "attacks" from single states to Bitcoin (Bangladesh ...) or on particular aspects of cryptocurrencies (e.g. unregulated ICOs).

The problem lies in another aspect of Bitcoin:

Quote from: smartbitcoininvestor on October 05, 2017, 08:50:03 PM

Simply invest in businesses/stocks/cryptocurrencies with solid fundamentals and you won't have to listen to the noise over a long period of time.

The fundamentals of Bitcoin and every other cryptocurrency out there are not solid enough, in my opinion. They are still volatile as hell and so unusable as "currencies" (above all "units of account") and scalability is also still not solved (we're operating currently near the capacity limit!). So it's not guaranteed that Bitcoin's price will go up in the future ... $5000 may have been the peak! (I don't believe that, but it is possible ...)

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

I think its funny that you are freaking out about the price dropping Cheesy

This is normal, and honestly, a $100 fluctuation is not a big deal for Bitcoin. I would start getting worried if the price dipped below $1,000 for a few weeks at a time, otherwise, I think you need to expand your scope of knowledge on investing.

Now is a great time to buy Bitcoins honestly Grin

There is a hard fork (Bitcoin Gold) coming up on October 25th, so if you hold Bitcoins until Nov 1st you will receive an equivalent payout in Bitcoin Gold. Obviously, this means many people are going to buy Bitcoins just for the dividend investment opportunity, hence the price is going to go up because people will be buying as the date gets closer. I have a feeling all the noise from last month was so the whales could buy more Bitcoins before the upcoming Bitcoin Gold hard fork and, of course, Segwit2x.

Don't get fooled by what the media says and let them affect your buy/sell decisions... Simply invest in businesses/stocks/cryptocurrencies with solid fundamentals and you won't have to listen to the noise over a long period of time. I'm shocked more people on this forum don't read Buffet. I'd recommend you check out some of his books.

Just keep calm and hodl Bitcoin.

prehisto

full member

Activity: 882

Merit: 112

Your Data Belongs To You

Quote from: Vod on September 04, 2017, 11:48:20 PM

Quote from: Twinkledoe on September 04, 2017, 10:38:43 PM

I don't believe that this is the beginning of the death of bitcoin. Even if I'm a noob here, I still believe that crypto era has just begun. That's my opinion though.

Some believe the crypto era is ending with the adoption of quantum computers. Undecided

OMG, i had to reply to you.
Quantum computing is so far away, media do not know what they are talking about.

Also I have to agree with "Barbarian" banks will have to react in one way or other. I am thinking A- they will push for bans and regulations B - try to adapt
Or B comes after A

Barbarian

sr. member

Activity: 728

Merit: 250

Quote from: Potentiam on September 20, 2017, 12:20:08 AM

If bitcoin could survive its inception, and now have such a huge adoption globally of consumers, corporations and even nations. I believe there is too much vested interest, invested in it to fail now.

Not as big as the interest of the banks and governments around the world so I expect a huge attack to some in the next years as they realize that bitcoin is in fact a threat to the way the world works and that in this new version they are going to be left without a job.

LuffyD.Monkey

full member

Activity: 336

Merit: 101

Quote from: faustmeister on September 22, 2017, 11:47:10 AM

Quote from: jtipt on September 22, 2017, 10:30:38 AM

Quote from: faustmeister on September 22, 2017, 10:11:02 AM

Chinese crackdown is rumored to continue through October.

Yeah we are seeing the effects, a little rise to $4000 and then again dipping down to $3500, wasn't surprised. I would say BTC would be fairly in clear if price doesn't drop below $3000 by end of oct, after then we can expect a steady rise.

That makes sense

I believe that it will not go down more after the Chinese drama and all that thing it was bit down but now it has recovered its value and will go up soon and till the November a lot will change and these days will be forgotten and everyone will be in hustle to capture profit as much as they can.

Marileno

full member

Activity: 214

Merit: 101

✔ Crypto portfolio | ✔ Telegram/APP

This is not surprising. We will see much more of this debate, on both sides over the coming years, and maybe even decades. As BTC grows in popularity, the incentives for the institutions and governments alike to attack it increases. Expect to see a ton more volatility to pricing as well as surprises like China's new position. Buckle up folks...it's going to be a bumpy ride.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: blocklancer8 on September 26, 2017, 10:51:04 PM

hopefully not, if this is the end of bitcoin i am very sad. I can lose my passion and lose a lot of money in tranding in bitcoin.

i think this is not the end of bitcoin or death of bitcoin because we still using bitcoin for trading and in the exchanges, bitcoin price is still high but today the price is down a little. but still bitcoin is the famous and the best investment in internet and i see that there is many people is come to bitcoin so this is not the end for bitcoin.

MiriamWeston

newbie

Activity: 38

Merit: 0

Most cryptocurrency enthusiasts easily dismiss these headlines of bitcoin bursting at the seams. The Linkedin post/hoax was no different as even if it was true, the points made were quite illogical. However mainstream media and those who don’t know much about bitcoin can easily be swayed by such headlines. Think about how many of your friends say, “Oh I thought bitcoin had died.”
I do believe this is not the Death of the Bitcoin / crypto currency as if some new traders sees . It is just a sell off or correction which is really a normal thing in stocks tradings.

blocklancer8

full member

Activity: 392

Merit: 101

hopefully not, if this is the end of bitcoin i am very sad. I can lose my passion and lose a lot of money in tranding in bitcoin.

markethive

copper member

Activity: 121

Merit: 11

When it is up (bitcoin) I get more coin. When it goes down (Bitcoin) I make more coin. I mine, I arbitrage. I work and have no debts and just keep buying. I buy Bitcoin, Ethereum, and some other ALT coins. I want to be a whale when I grow up. HODL

They say it is a bubble. I say it is an alligator and will bite the big elites, oligarchs and bangsters in the ass.

Barbarian

sr. member

Activity: 728

Merit: 250

Quote from: Lumada on September 19, 2017, 11:58:42 PM

Quote from: Barbarian on September 19, 2017, 11:33:59 PM

Quote from: Diablesfunis on September 09, 2017, 04:21:26 AM

Quote from: CryptoBry on September 04, 2017, 10:25:21 PM

Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.

No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.

Are they kidding me?

This happens every time the price crash and the fact that some fud in china yesterday made the price crash hard. We experience some crash earlier this year because china suspend withdrawal in china exchange we were fine weeks after that, so we'll be fine this time.

The effects of the China FUD are getting more short lived, you said it yourself at the beginning of the year it took bitcoin a few weeks to recover, now it only took bitcoin a few days to recover, soon enough the China FUD is not going to work anymore and the next time something like this happen we are not going to care anymore.

Well FUD can really make btc fall, whenever there are events of splits, corrections, hardfork and bad news regarding btc its the over reaxt of the users that makes its value dump.

But at the same time all this bad news and FUD may affect us in the short term but at the end bitcoin always recovers its previous price and people begin to notice that, and eventually this tactics are going to become less effective as people learn to recognize that this is nothing but an attempt to manipulate them.

Ngewex Yuk

sr. member

Activity: 1190

Merit: 250

No need to worry, this is only temporary, bitcoin prices immediately normal at the end of the month or early October. this may be speculation that a large broker can buy bitcoins at a price.

faustmeister

newbie

Activity: 28

Merit: 0

Quote from: jtipt on September 22, 2017, 10:30:38 AM

Quote from: faustmeister on September 22, 2017, 10:11:02 AM

Chinese crackdown is rumored to continue through October.

Yeah we are seeing the effects, a little rise to $4000 and then again dipping down to $3500, wasn't surprised. I would say BTC would be fairly in clear if price doesn't drop below $3000 by end of oct, after then we can expect a steady rise.

That makes sense

sfireman

full member

Activity: 206

Merit: 100

Decentralized Ascending Auctions on Blockchain

this thread come again. In 2015 we have many thread like this but everything still ok

Topic: The DEATH of Bitcoin Surfaces Again (Read 3909 times)