Author

Topic: Why do people keep saying BTC is dead?! - page 114. (Read 225575 times)

STT
legendary
Activity: 4102
Merit: 1454
Its normal for a price to fall.   It creates demand for that product or should do unless it was a total waste in any case.  Bitcoin is very debateable value as its just virtual tokens though very secure ones.   Market moving back and forth is really natural and it does not alone show anything especially negative, numbers are bigger but the percentage moves are very similar to every previous year of Bitcoin afaik
full member
Activity: 182
Merit: 100
People get panic when they see a drastic fall in the fall of the price in a short term of growth. See such variation in price often makes them believe Bitcoin is on the death path. Such situation occurred many times but the users who trusted Bitcoin has made it grow defeating the statement die.
it usually occurred on a newbie. or Newcomers. it looks like the usual things. I also experienced it. think that bitcoin will die when the price fell to $ 200

Yeah, majority of us had a same feeling at the initial stage, as the price keeps on moving up and down, so if the price falls to a extreme level we start thinking that bitcoin will not survive.
hero member
Activity: 504
Merit: 500
People get panic when they see a drastic fall in the fall of the price in a short term of growth. See such variation in price often makes them believe Bitcoin is on the death path. Such situation occurred many times but the users who trusted Bitcoin has made it grow defeating the statement die.
it usually occurred on a newbie. or Newcomers. it looks like the usual things. I also experienced it. think that bitcoin will die when the price fell to $ 200
sr. member
Activity: 476
Merit: 250
Some people do not believe in the bitcoin anymore because they sold it on the wrong moment, and there are also some haters that want to speculate a lot to influence the market price of the bitcoin.
I think these people just need to stay away from bitcoin because the bitcoin is getting back up and it is the future of all currency's.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
People get panic when they see a drastic fall in the fall of the price in a short term of growth. See such variation in price often makes them believe Bitcoin is on the death path. Such situation occurred many times but the users who trusted Bitcoin has made it grow defeating the statement die.
hero member
Activity: 1204
Merit: 500
I think they are reasonable fear when the price falls too deep. and think that bitcoin will die. I think they should be calm and do not panic
true, most people just came to the conclusion at the time of bitcoin prices down, thus causing a lot of people selling bitcoin is causing further price drops and they also said that bitcoin will die to add to the panic
legendary
Activity: 1218
Merit: 1007
I think they are altcoin developer and they want to let people dump bitcoin so that the price will going down..
And altcoin will be rise.. This is the part of their plan to increase popularity of altcoin..

Plus not to mention there are also people on the other end of the spectrum that keeps on saying that the price will hit $5000 or even $10000. phew.
They're definitely the fringe end of the Bitcoin economy, I would highly doubt the capacity for Bitcoin to hit such numbers in our lifetime without some massive change in the economic system or some major event that wouldn't happen more than once a life.

I can maybe see Bitcoin reaching $1500 when I'm 70 or 80, if it is still around by then, due to a mix of adoption and inflation.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
I think they are altcoin developer and they want to let people dump bitcoin so that the price will going down..
And altcoin will be rise.. This is the part of their plan to increase popularity of altcoin..

Plus not to mention there are also people on the other end of the spectrum that keeps on saying that the price will hit $5000 or even $10000. phew.
hero member
Activity: 924
Merit: 1001
I think they are altcoin developer and they want to let people dump bitcoin so that the price will going down..
And altcoin will be rise.. This is the part of their plan to increase popularity of altcoin..
hero member
Activity: 1190
Merit: 500
I think they are reasonable fear when the price falls too deep. and think that bitcoin will die. I think they should be calm and do not panic
hero member
Activity: 826
Merit: 1000
February 29, 2016, 08:07:23 PM
70% don't know  what they are talking about

yep because maybe they just heard from one source then they didn't search another trusted source and see the fact in the field
many ordinary users. who said that when the price falls. btc will die! they do not know what they are talking about

People have different views on how they see bitcoin.

But intially what that says about the person is how they perceive risk so they assume it`ll die. Lets be honest here, if that person knew how to hedge back to afford the loss of that bitcoin they wouldnt say those remarks and be happy they are in profit.

And then gloat how bitcoin is the best thing that happened to them.
hero member
Activity: 518
Merit: 500
February 29, 2016, 08:04:47 PM
70% don't know  what they are talking about

yep because maybe they just heard from one source then they didn't search another trusted source and see the fact in the field
many ordinary users. who said that when the price falls. btc will die! they do not know what they are talking about
full member
Activity: 896
Merit: 115
February 29, 2016, 05:44:26 PM
BTC will die when drug stores collapse, not before.
   

Gambling is a way bigger deal for bitcoin I think because of all the tax issues and bitcoin adds simplicity and instant payment.   When is gambling going away, never.   Bitcoin is playing dead like a dog playing a trick, people want to play the market and create waves of selling from weak holders.   The only thing really is bitcoin core stability, even various websites failing is not a fault of the protocol and the other factor is competition both conventional and other block chain ideas and to me thats the most feasible - that someone invents a successor

Bitcoin aint dead but theres a natural cycle to everything so who knows when a replacement is no longer the false start we seen so often
Because they are very negative about Bitcoin earlier and that is not good. The price is now rising slowly.
So Bitcoin is not dead, but it started just now and that is good. But you never know what can happen later in the future.

Future of bitcoin would be good for sure, and the people keep on saying bitcoin is dead only because they lack knowledge and they just listen to what people around them talks about bitcoins.
hero member
Activity: 546
Merit: 500
February 29, 2016, 10:44:18 AM
BTC will die when drug stores collapse, not before.
   

Gambling is a way bigger deal for bitcoin I think because of all the tax issues and bitcoin adds simplicity and instant payment.   When is gambling going away, never.   Bitcoin is playing dead like a dog playing a trick, people want to play the market and create waves of selling from weak holders.   The only thing really is bitcoin core stability, even various websites failing is not a fault of the protocol and the other factor is competition both conventional and other block chain ideas and to me thats the most feasible - that someone invents a successor

Bitcoin aint dead but theres a natural cycle to everything so who knows when a replacement is no longer the false start we seen so often
Because they are very negative about Bitcoin earlier and that is not good. The price is now rising slowly.
So Bitcoin is not dead, but it started just now and that is good. But you never know what can happen later in the future.
newbie
Activity: 14
Merit: 0
February 28, 2016, 03:04:30 AM
Hey mates, hold your coins secured because so many will want to cause panic and use the opportunity to make gains. Also, there are some people especially,  government institutions that don't really want cryptocurrency to succeed because the felt threatened  but you know what! we are in a digital era and as such cryptocurrency had come to stay and rule the world; make no mistake about this.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 28, 2016, 02:31:16 AM
Such a statement could have a lot of reasons.
IT is probably the best to further ask in which context this has been uttered.
The question is much too superficial to be answered correctly,
as you can't see the intention. Could have a lot of reasons.
full member
Activity: 182
Merit: 100
Pollak
February 27, 2016, 11:05:08 AM
Well i think they just want to discourage people to hold bitcoin so that people will panic to sell and  bitcoin will be down and the other altcoin will be raise. Every month there's a new altcoin born and they want to promote their coin to be next bitcoin. But they can't stop popularity of bitcoin and i believe that bitcoin will not die in the future..

I am not sure people actually listen to these trolls. Everybody can see they are very annoying and talk crap all the them.
Listening tothem makes no sense to me.
hero member
Activity: 924
Merit: 1001
February 27, 2016, 08:35:34 AM
Well i think they just want to discourage people to hold bitcoin so that people will panic to sell and  bitcoin will be down and the other altcoin will be raise. Every month there's a new altcoin born and they want to promote their coin to be next bitcoin. But they can't stop popularity of bitcoin and i believe that bitcoin will not die in the future..
STT
legendary
Activity: 4102
Merit: 1454
February 27, 2016, 07:44:06 AM
BTC will die when drug stores collapse, not before.
   

Gambling is a way bigger deal for bitcoin I think because of all the tax issues and bitcoin adds simplicity and instant payment.   When is gambling going away, never.   Bitcoin is playing dead like a dog playing a trick, people want to play the market and create waves of selling from weak holders.   The only thing really is bitcoin core stability, even various websites failing is not a fault of the protocol and the other factor is competition both conventional and other block chain ideas and to me thats the most feasible - that someone invents a successor

Bitcoin aint dead but theres a natural cycle to everything so who knows when a replacement is no longer the false start we seen so often
full member
Activity: 224
Merit: 100
February 27, 2016, 05:02:30 AM
Maybe they wanna get a panic reaction, so a lot of people will sell their coins, which would lead to a massive
pricedrop, so they can get more coins at a cheaper price.

yeah, that's true they just want to manipulate the price of bitcoin by saying that it is dead and its not going to survive, majority of the people get carried away with it and sell their coins the lowest price.
Jump to: