Why do people keep saying BTC is dead?! - page 124.

_Miracle

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Quote from: mOgliE on January 18, 2016, 06:44:58 AM

Quote from: joinal on January 18, 2016, 05:46:07 AM

Quote from: tommygunyeah on January 17, 2016, 06:29:40 PM

It's like Elvis, people insist on saying he died, but everybody knows he didn't.

lol I think it's different, you can not equate bitcoin with living things, bitcoin will always live even if the price will fall $ 1

Actually no. If btc price falls to 1$, no one will mine btc because it would cost them lots of money to do so. If nobody mines btc, no transaction can be done. If no transactions can be done, it's hard to call btc "alive", cause it doesn't do anything.

If bitcoin goes below a dollar, people will still mine and run nodes.
I gave an undervolted S1 to a friend after my upgrade.
I didn't sell it, probably won't and I'd venture to guess that many enthusiasts
have their own way of supporting the network, should such a time come.
Right now, that you can make money with bitcoin is an interesting feature
(ok, ok I love that feature ;-)
BUT
I'm willing to follow "this experiment" to the point when it IS money or nothing.

mOgliE

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Quote from: joinal on January 18, 2016, 05:46:07 AM

Quote from: tommygunyeah on January 17, 2016, 06:29:40 PM

It's like Elvis, people insist on saying he died, but everybody knows he didn't.

lol I think it's different, you can not equate bitcoin with living things, bitcoin will always live even if the price will fall $ 1

Actually no. If btc price falls to 1$, no one will mine btc because it would cost them lots of money to do so. If nobody mines btc, no transaction can be done. If no transactions can be done, it's hard to call btc "alive", cause it doesn't do anything.

joinal

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Quote from: tommygunyeah on January 17, 2016, 06:29:40 PM

It's like Elvis, people insist on saying he died, but everybody knows he didn't.

lol I think it's different, you can not equate bitcoin with living things, bitcoin will always live even if the price will fall $ 1

mOgliE

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Quote from: RussianRaibow on January 18, 2016, 04:08:11 AM

BTC will dead only if bank will came in Bitcoin Market, till this doesn't happen, BTC continue to expand around the word as alternative currency.

It does expand. But I bet banks are already a bit in it you know. Or at least the investment funds, which is basically the same in my opinion.

And it does expand but think about all those that are dying on the side of the road. Btc rises, but hurts lots of people on its way to the top Undecided

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BTC will dead only if bank will came in Bitcoin Market, till this doesn't happen, BTC continue to expand around the word as alternative currency.

tommygunyeah

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It's like Elvis, people insist on saying he died, but everybody knows he didn't.

_Miracle

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Quote from: MyBTT on January 17, 2016, 12:58:28 AM

Quote from: _Miracle on January 16, 2016, 10:53:20 PM

One of my favorite things about this thread is the original post date.

Oh yeah lol. I just realised that the topic was posted at the start of 2014. I wasn't even on this forum back then.

:-) yep

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Quote from: mOgliE on January 17, 2016, 08:48:15 AM

Quote from: Boelens on January 17, 2016, 08:35:46 AM

Because people panic sell when certain bad events happen. Bitcoin has been thought to have died off many times right now, still hasn't. The technology behind it is still solid, the only thing that can make bitcoin die is the community, by no longer supporting it and selling all coins.

Exactly, and that's why panic selling is dangerous and happen and why lots of people yell that btc is dead. Because yelling the FUD is part of the btc dropping price!

It can be easily prepared by some communication. It helps stocking coins at low price!

Most people here say it to troll.
Like their topics and threads can influence the price. It's said and stupid.
Because the only thing that can kill bitcoin, must be born first.

mOgliE

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Quote from: Boelens on January 17, 2016, 08:35:46 AM

Because people panic sell when certain bad events happen. Bitcoin has been thought to have died off many times right now, still hasn't. The technology behind it is still solid, the only thing that can make bitcoin die is the community, by no longer supporting it and selling all coins.

Exactly, and that's why panic selling is dangerous and happen and why lots of people yell that btc is dead. Because yelling the FUD is part of the btc dropping price!

It can be easily prepared by some communication. It helps stocking coins at low price!

Boelens

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Because people panic sell when certain bad events happen. Bitcoin has been thought to have died off many times right now, still hasn't. The technology behind it is still solid, the only thing that can make bitcoin die is the community, by no longer supporting it and selling all coins.

fuel

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Because BTC had dead many times like they said Cheesy

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Quote from: Wapinter on January 16, 2016, 05:30:24 PM

Quote from: agath on February 14, 2014, 08:18:06 AM

Quote from: Revolution on February 14, 2014, 08:10:10 AM

Why do people keep saying BTC is dead?!

Because they don't know what they're talking about. Those people are just handing their bitcoins to someone else who deserves them more.

I think they do it for two reasons.
1.They want people to start selling so they can buy at cheap price.
2.They have lost lots of btc to gambling and now wants other to abandon bitcoin Cheesy

I think 1 could be proper reason for the recent drop. 2 is unlikely as bitcoin is not used in gambling a lot.

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Quote from: BellaBitBit on January 17, 2016, 01:53:04 AM

Declaring BTC dead or asking the question if it is dead is just trolling. Those that believe in the technology would not say this, only people driven by the monetary gain possibilities and those with no coins at all.

Good man. Those technology won't get collapsed or gets degraded in its advancement. Just because of unexpected explosion the fall had occured in the value not in technology.

BellaBitBit

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Declaring BTC dead or asking the question if it is dead is just trolling. Those that believe in the technology would not say this, only people driven by the monetary gain possibilities and those with no coins at all.

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Quote from: MyBTT on January 17, 2016, 12:58:28 AM

Quote from: _Miracle on January 16, 2016, 10:53:20 PM

One of my favorite things about this thread is the original post date.

Oh yeah lol. I just realised that the topic was posted at the start of 2014. I wasn't even on this forum back then.

Due to the sudden drastic fall in the bitcoin rate made people say bitcoin is dead. As you said it has getting back to growing path when compared to the previous days.

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Quote from: _Miracle on January 16, 2016, 10:53:20 PM

One of my favorite things about this thread is the original post date.

Oh yeah lol. I just realised that the topic was posted at the start of 2014. I wasn't even on this forum back then.

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Quote from: icem3lter on January 16, 2016, 07:25:38 PM

Nobody says Bitcoin is dead, only spammers do Grin

I'm not sure who told you Bitcoin is dead if you are legitimately asking this question. It's alive and well.
The market is just too large for Bitcoin to die.

Yes i agree with you, because as you can see now. the bitcoin price today increase not like two days ago that decrease. i think bitcoin will not dead, i'm sure on it.

_Miracle

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One of my favorite things about this thread is the original post date.

icem3lter

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Nobody says Bitcoin is dead, only spammers do Grin

I'm not sure who told you Bitcoin is dead if you are legitimately asking this question. It's alive and well.
The market is just too large for Bitcoin to die.

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Quote from: Wapinter on January 16, 2016, 05:30:24 PM

Quote from: agath on February 14, 2014, 08:18:06 AM

Quote from: Revolution on February 14, 2014, 08:10:10 AM

Why do people keep saying BTC is dead?!

Because they don't know what they're talking about. Those people are just handing their bitcoins to someone else who deserves them more.

I think they do it for two reasons.
1.They want people to start selling so they can buy at cheap price.
2.They have lost lots of btc to gambling and now wants other to abandon bitcoin Cheesy

Point 1: Swaying public opinion will allow the bearish traders to succeed in their desires, at least temporarily for a small demographic. If there are a large amount of "BITCOIN IS DEAD" threads, that should at least affect a few people. It may not drive a huge market change, but with increased publicity it can potentially grow.

Anyway, at this current time the Bitcoin price is increasing so I'm pretty excited. Shocked

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