Topic: Why do people keep saying BTC is dead?! - page 35. (Read 225548 times)

it could be like that , some people with agenda behind, but there is a lot of people who really believe that sooner or later bitcoin will no longer exist at some point as they think the support for bitcoin and the growth was too slow and not convinced enough.

aslo for some group of people bitcoin hard to understand which will leading to disappears and shut down.

People keep saying BTC is dead possible for the reason of that traders will do panic selling. So the other traders will dumped the bitcoin price and they can buy at a cheaper price. But, as what you can observe now btc is keep on rising the price.

Maybe its one of their tactic for dropping the price of bitcoin to the community get panic on it. They're must be thinking that once panic has been done for the people it drop the value, but that's not gonna be happen. And besides the more they say it bitcoin also more increasing it.

let's say it is very very unlikely gold will fall to zero but if we can create cheaply gold in a factory, the price would surely fall a lot.

Unlike virtual assets like Bitcoin and fiat, gold can't fall to zero

Zimbabwean dollar is as dead as a doornail by now just like many other shit coins and shit fiats. Indeed, its use depended on the users of it, but its swift declining rate was an effect revealing that people started to massively shrink from using it. In this manner, constantly falling prices are telling exactly that, i.e. dwindling user base. We have seen it many times with scam coins, but ultimately it is the same with any financial asset out there (US dollar, Bitcoin or whatever) that cannot be used outside purely financial sphere of application (and that's the major difference with gold)

i think everyone has their own thinking and to me i think they just want to create panic so that bitcoin price fell down and the find an opportunity to buy bitcoin in a low price otherwise they also know that bitcoin is too good and increasing continuously.

They are not actually talking or spouting nonsense but in fact they are talking and sharing their experience that is why they keep on saying that bitcoin is dead. These people who have said that bitcoin is dead are the same people who invested in bitcoins before but they get huge losses  due to the bubble that popped out last 2013. They thought that the same bubble will happen again and so even now they they are very doubtful and very suspicious on every simple events in bitcoin.

Well that is the point of panic selling, you can't control it and for those who have cut their losses short are the ones that did the right thing because we all know that Bitcoin prices tend to slowly recover as seen from the recent correction. In a panic selling can be cause of a bad news or just massive profit taking by major holders but it is normal. 

Well those people that are believing on this type of false information and fud will certainly sell their bitcoins. And I guess they will be easily convince by those people that wants people to keep on selling their bitcoins. Because when they do that they're happy to see people that are doing panic selling and will lose the chance of getting profit.

Most of them have already sold their bitcoins so there are two cases; First one they want to buy again in lower price to make a profit and secondly because they panicked  and sold early their bitcoins they want to convince other people to do the same thing. If they are not bitcoin holders then the reasons are obvious why they parroting and spreading fake news. They want to support fiat money.

And added to this I would suggest anyone that claims bitcoins being "dead" that just for a minute search google about bitcoins and you will see like 50+ new articles daily about bitcoins, their evolution and a lot more. So if you think some asset is dead why is being so famous in news ? I don't really know who claims of bitcoins being dead.

The basic problem is that people think if a coin's worth is getting low then its getting dead. This myth is completely wrong since a rise and fall in price of a coin is totally dependent on the users of it. If gold becomes a little costly or becomes cheaper the next day does not means that gold would be useless and dead, exactly same is with bitcoins. No matter if price is 10000$ or 100$ its worth every satoshi.

I never bother about the FUDs made by people here or everywhere on the internet. Moreover we must treat them as a free promotions for bitcoins. Practically gossips works more better than intensive advertisements. lol

Those fuds wont work anymore and im sure those people who say bitcoin is dead is already tired on saying it to public since most people now are already knowledgable regarding on the potential of bitcoin in longer runs thats why they wont believe easily on the fud unless if you are totally a newbie investor.

Those people saying bitcoin is dead is just making rumors so that it may create confusing minds to the people who were making panic reactions, and thet think that these people would make panic selling. I must not wonder how these rumor makers will really lose their hope, and doing such unfair strategies just to gain profit out of false stories fed to innocent bitcoin investors who were newbies in digital currency.

Say you are part of the news folk for websites/tv/etc

1) you write a long article on all the reasons btc is dead

2) you write a long article of btc does not seem willing to die...thus confused and will research more

3) you write another article that perhaps there is something to this whole btc thing

4) you write an article after the above on effects of next dump or pump

5) repeat all the above

Lots of articles...lots of eyeballs to you web site / newspaper / tv program

rinse/wash/repeat

Bitcoin in the perfect subject for 'lazy' reporting out there...it is the crypto equiv of 'why did you stop beating your wife' question to celebrities etc

hell you even can write a story about the 'Illuminati behind bitcoin' (er wait has been done)

https://www.youtube.com/watch?v=UdvX-KNAeTs 2014 version

heck lots of articles just on the Illuminati

anyway btc is the perfect fodder for the press ..it goes to the moon .....they can point to articles where they called it (kicking others under rug)

btc tanks .they can say they never thought it would go anywhere

you see it does not really matter what btc does or does not do....just give me any controversy made up or otherwise on btc so I can get eyeballs to my press site/paper/etc

anyway..btc will get to 10k imho and folk in the press will still declare it dead.....(heck probably work better at 10k to get eyeballs that way...a lot more folk would look then)

silly humans....

I think price will be very close what it is now at the end of the year but probably swing much higer before that.

I earn my Bitcoins in many ways, but it is also very hard to see when the price goes down. It is unpleasant to everyone. But I am sure that we will soon see that the price will go up.

Those who still believe bitcoin is dead or is about to then it is obvious they have their head in the sand for so long. They could pull out their head from the sand and look around. Bitcoin is not dead yet and in fact it is booming.

Maybe these are the people who is spamming the bitcoin. Because they can't do anything to stop bitcoin in rising up the price value of bitcoin, so they're doing everything to take them down the price, but it wouldn't be so easy because the demand is so high all around the world.

People are always divided into two categories - some believe, and the second is not. And each prove his point. Here and in this case exactly. Those who do not believe in Bitcoin just talk nonsense, because they have no arguments