Why do people keep saying BTC is dead?! - page 19.

crazycatwoman03

sr. member

Activity: 588

Merit: 250

Quote from: Rajamuda on October 21, 2017, 05:10:18 AM

For people who say such things may not mean their intent is that bitcoin is really dead, but it's possible that sometimes their predicted price on btc are not as expected and bitcoin price are falling in sustainable, and they think btc may not have a future the good one. But the fact is very contrary to the reality, btc continues to show its strength and the value has been proven lead to heights and even more popular among many people.

I agree with that, the market price of bitcoin may sometimes suddenly go down but this is just beceause of its volatility. If we will observe closely, the price continue to go up and I believe that it will continue to rise because other countries will get interested to it. Another thing is about the fork and the segwit coming, a huge fork had happened few months ago and after the big dump, bitcoin climbs up again surpassing the highest price it had before. This just shows how big the possibility is that bitcoin will not just die that easy.

Rajamuda

sr. member

Activity: 924

Merit: 255

For people who say such things may not mean their intent is that bitcoin is really dead, but it's possible that sometimes their predicted price on btc are not as expected and bitcoin price are falling in sustainable, and they think btc may not have a future the good one. But the fact is very contrary to the reality, btc continues to show its strength and the value has been proven lead to heights and even more popular among many people.

lordquanta

sr. member

Activity: 770

Merit: 268

Quote from: ananas99 on June 22, 2017, 03:59:25 PM

When it was when Bitcoin was priced at $ 2,600 and was immediately considered dead or trying to die? This is nonsense. I think that well, inadequate users just start to panic or try to provoke a panic in order to get some dividends for their actions.

Only people who missed the bitcoin profit train are crying foul over bitcoin. Those who mentioned and discussed the bitcoin from the technical perspective that having very high price at this stage will slower the transaction as transaction fees will also be higher, thus not many will actively use bitcoin as currency. So mostly buying and holding will be major action happen with the coin. They had logic with their argument. At current situation people who were continuously purchasing bitcoins regularly will find that the rumors about the bitcoin are there since beginning. It is better to ignore them and work on your strategy diligently.

daxiake

hero member

Activity: 688

Merit: 500

Those are the people who have lost huge amount of bitcoins in the past by falling on those ponzi sites or in gambling which they couldn't recover till date and now looking at the higher price of bitcoins they are regretting on their wrong moves and busy in spreading negative rumors about bitcoins hoping that people will also follow them but that will never happen as people very well know that bitcoin can never be dead.

nesh1

full member

Activity: 448

Merit: 110

Because not everyone does believe in bitcoin and they don't want other people to earn bitcoins they want everything for them selves that is why they keep giving bitcoin a bad name or even say that it is dead.

btcjocan

sr. member

Activity: 658

Merit: 250

Quote from: Hatuferu on June 23, 2017, 12:28:28 AM

Quote from: ananas99 on June 22, 2017, 03:59:25 PM

When it was when Bitcoin was priced at $ 2,600 and was immediately considered dead or trying to die? This is nonsense. I think that well, inadequate users just start to panic or try to provoke a panic in order to get some dividends for their actions.

That's how smart people does particularly the whales, they spread FUD so people with weak hands
will panic and the moment it happen, they came in to accumulate cheap bitcoins, easy money for them, they have the resources to do it.

Because they saw many people just keep on saving bitcoin and did not sell. But actually, it should not be the basis to conclude that bitcoin is dead because currently, the bitcoin price is constantly increasing and I hope that it will not stop so we can save more bitcoins and in the future we can sell it in a high price.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: ananas99 on June 22, 2017, 03:59:25 PM

When it was when Bitcoin was priced at $ 2,600 and was immediately considered dead or trying to die? This is nonsense. I think that well, inadequate users just start to panic or try to provoke a panic in order to get some dividends for their actions.

That's how smart people does particularly the whales, they spread FUD so people with weak hands
will panic and the moment it happen, they came in to accumulate cheap bitcoins, easy money for them, they have the resources to do it.

hawthelegend

member

Activity: 98

Merit: 10

Well, another reason is they want to influence the market by speculating all sorts of bullshit to cause panoc on the weak hearted bitcoiners. These people then will sell and sell until they lose all of their bitcoins and cry in the end. Another reason is they might be hatin on bitcoins coz they lost a lot and got jealous with others who gained a lot profit so they spit out so much shit so that they can make others lose a lot also like them. And believe it or not, this makes them happy.

ananas99

sr. member

Activity: 632

Merit: 250

When it was when Bitcoin was priced at $ 2,600 and was immediately considered dead or trying to die? This is nonsense. I think that well, inadequate users just start to panic or try to provoke a panic in order to get some dividends for their actions.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: HasHe on June 22, 2017, 12:31:22 AM

Some people wish to buy bitcoins but due to its high price,they are not able to buy it.So they start spreading rumours to make new investors panic and sell their bitcoins so that bitcoin price would fall down and they could buy it cheaply.Also some altcoin supporters want bitcoin price to fall so that their altcoins would increase in price and they too spread rumours that bitcoin is dead.

Another reason that people were simply too optimistic at the beginning stages of bitcoin thinking bitcoin could destroy the banking system, but that is probably never going to happen so they have become bitter and think of a way to try to discourage people from using bitcoin since they are frustrated because bitcoin has not achieved what they believe bitcoin should achieve.

Cosbycoin

hero member

Activity: 980

Merit: 506

Quote from: bncbnc on June 18, 2017, 06:26:12 PM

Quote from: TitanGEL on June 18, 2017, 10:38:07 AM

The reason is they are not believing to the good progress of the bitcoin. They always saying bitcoin is dead their perspective is so very negative. Bitcoin will never die many experts say that and many people know about it.

to me i think some people may be very new in bitcoin, they may not have any experience about bitcoin and may be some people know about bitcoin but they have not got the chance to buy bitcoin in a low price, therefore now they are trying to spread false news about bitcoin and let its price fell down so that he can get chance to buy bitcoin in low price, but i think will be a useless attempt, because people are now mature and they are not going sell bitcoin in panic selling.

I think you are right many people are new using bitcoin and many people wants to get bitcoin at low price so they spread this kind of issues I think at what progress the bitcoin is going upward it nearly impossible to be dead . the person who is afraid of such kind of talks should read the progress of bitcoin.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: Natalim on June 22, 2017, 02:54:47 AM

Quote from: HasHe on June 22, 2017, 12:31:22 AM

Some people wish to buy bitcoins but due to its high price,they are not able to buy it.So they start spreading rumours to make new investors panic and sell their bitcoins so that bitcoin price would fall down and they could buy it cheaply.Also some altcoin supporters want bitcoin price to fall so that their altcoins would increase in price and they too spread rumours that bitcoin is dead.

There is a time that the price will fall but don't expect it will go back to the old cheap price, maybe the cheap price we can
find nowadays is $2,000 the least, you can buy at that rate because it will back up again.

The price below $2,000 is not possible anymore because the price is already well established and soon it will just keep going up until the price is enough to take profit and dump the market back in a lower price. Even buying now is a good option because the next target for bitcoin is around $3,000 before this year end.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: HasHe on June 22, 2017, 12:31:22 AM

Some people wish to buy bitcoins but due to its high price,they are not able to buy it.So they start spreading rumours to make new investors panic and sell their bitcoins so that bitcoin price would fall down and they could buy it cheaply.Also some altcoin supporters want bitcoin price to fall so that their altcoins would increase in price and they too spread rumours that bitcoin is dead.

There is a time that the price will fall but don't expect it will go back to the old cheap price, maybe the cheap price we can
find nowadays is $2,000 the least, you can buy at that rate because it will back up again.

HasHe

hero member

Activity: 952

Merit: 500

Some people wish to buy bitcoins but due to its high price,they are not able to buy it.So they start spreading rumours to make new investors panic and sell their bitcoins so that bitcoin price would fall down and they could buy it cheaply.Also some altcoin supporters want bitcoin price to fall so that their altcoins would increase in price and they too spread rumours that bitcoin is dead.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Quote from: zedicus on June 20, 2017, 11:51:58 PM

I think most reason why people are keep on saying bitcoins is dead for the reason they want to destroy bitcoins totally in the market and let other altcoin that they is in to get fame

Probably you are right but I don't think any such tactics work for something that has such tremendous user base so even the opinion of bill gates wouldn't affect the bitcoin's existence (Considering gate's level of influence, it might create a small panic sell moment). However, such tactics work in the case of small alt coins and those are highly used before and during pump and dump schemes for altcoins.

Sniper150

sr. member

Activity: 357

Merit: 260

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

Why do people keep saying BTC is dead?!

Because they want to discourage other people who use bitcoin. They want to stop working for it because of other people against in bitcoin. They don't care about bitcoin because they don't really know how to earn it. I don't believe that bitcoin is dead. They don't have any proof to accredit.

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

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

Yes, Because, they don't deserve what they have. I'm just saving my bitcoin to my web wallet to increase a profit.

bestluck

hero member

Activity: 658

Merit: 500

Quote from: ekans45 on June 18, 2017, 09:26:53 PM

Quote from: Asteral on February 14, 2014, 08:34:36 AM

This always happens when the price is in a downtrend...The ones stuck in fiat who missed the rally from $100 are trying to get others to panic and sell so they can buy bitcoins for cheap...

Some of them are trolls and just want the attention...best to ignore them...

That is the main point of people when they are saying that bitcoin is dead. If you do not know bitcoin well the sudden changes on its price may cause you to panic and think that bitcoin may stop on developing and it may gone or at the same time die on its price and process on the market. But as I have said the process of development also needs the decentralization or the down movement of the price of bitcoin in order to make a move on developing its transaction, price and its security features.

You are right here but the prices of Bitcoin is not falling down even it is being increased day by day then why people think that it will be dead or it is dead. There is no proper point to say so bitcoin is just moving a upward. And so it depends upon supply and on demand. So its demand is increasing day by day for sure the supply of Bitcoin is going down with time. For sure it is going increase in future. People should look at its price then should say something about it is either alive or dead.

zedicus

legendary

Activity: 966

Merit: 1004

CryptoTalk.Org - Get Paid for every Post!

I think most reason why people are keep on saying bitcoins is dead for the reason they want to destroy bitcoins totally in the market and let other altcoin that they is in to get fame

Azkabal

sr. member

Activity: 389

Merit: 251

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

Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.

I just don't get it.

Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!

Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!

This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?

I think we need to stop giving the panicking people attention and focus more on positive sides.

Ignoring so kind of people is a really a good point. But i want to ask someting, how it actually would be, when bitcoin will be (only in theorie) going to 0$. Will community try to resque it, or will be found another "main" cryptocurrency?

ilovefeetsmell

hero member

Activity: 686

Merit: 510

Quote from: FrannWilder on April 13, 2016, 07:23:16 AM

People just want to influence the market by saying this I can not find any other reason why they would say this honestly.

They keep saying bitcoin is dead because they don't want to have this. They are against on Bitcoin because they don't really know the bitcoin. Honestly speaking, Bitcoin is in demand nowadays. People want to own a bitcoin. I want to spread my knowledge about bitcoin to understand them how Bitcoin really works. Bitcoin is not dead! It will live in our wallet. The price keeps high value.

Topic: Why do people keep saying BTC is dead?! - page 19. (Read 225571 times)