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Topic: Why do people keep saying BTC is dead?! - page 69. (Read 225573 times)

hero member
Activity: 952
Merit: 500
August 28, 2016, 08:55:44 PM
Most people are just looking at the price movement perspective and i don't think that reflects the actual scenario. A broader look should be towards the adoption rate and the infrastructure build around the payment system
Because price is the evidence of the performance of bitcoin, with low price people will not invest and trust bitcoin because it is not valuable in their eyes, only those people who have deep connection with bitcoin and interested with the future of bitcoin will understand its potential to grow.
legendary
Activity: 1274
Merit: 1004
August 28, 2016, 08:52:25 PM
Bitcoin will never be dead. I agree that there are many up's And down's and sometime they really put us in stress but its because of us we creates the demand and supply in the market
hero member
Activity: 1134
Merit: 502
August 28, 2016, 08:48:04 PM
Most people are just looking at the price movement perspective and i don't think that reflects the actual scenario. A broader look should be towards the adoption rate and the infrastructure build around the payment system
hero member
Activity: 756
Merit: 501
August 28, 2016, 06:51:36 PM
My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.

This logic is flawed since every ten minutes on average 12.5 bitcoins are mined. Someone is evidently mining them, and we know that these are mining pools that consist of individual miners. Thereby, Bitcoin mining is not dead, by any means or to any extent...

But this doesn't mean that it might not be dead for you personally, of course

Well knowing a lot hash is required to mine 1 btc, and its growing all days the hash required to mine 1 bitcoin. This makes bitcoin system works well, as less reward and bigger prize. Bitcoin mining still very active in fact the prediction to mine end at 2100 is because the big farmers keep with their hash and some are getting more.
sr. member
Activity: 420
Merit: 250
August 28, 2016, 05:35:26 PM
Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.
I think they do not speak casually they spoke so for a reason. perhaps the reason is they hate bitcoin. so they say that bitcoin will die in one day ?
hero member
Activity: 966
Merit: 517
August 28, 2016, 05:32:55 PM
Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.

and I think they do that because they want to make other people fool so that they sell bitcoins to them at lower price to them and then they will be able to get a bigger profit when the price increase in the coming days.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 28, 2016, 02:56:45 PM
My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.

This logic is flawed since every ten minutes on average 12.5 bitcoins are mined. Someone is evidently mining them, and we know that these are mining pools that consist of individual miners. Thereby, Bitcoin mining is not dead, by any means or to any extent...

But this doesn't mean that it might not be dead for you personally, of course
hero member
Activity: 1806
Merit: 672
August 28, 2016, 02:15:10 PM
My strong understanding for the term "BTC IS DEAD" is related to mining them. Yes BTC has been long dead for miners with no equipments to mine them as it is now very hard just to get 1 BTC even if you are in a mining pool. And that is according to my knowledge and experience in BTC, I don't if there are other meanings to it.
sr. member
Activity: 378
Merit: 251
August 28, 2016, 02:07:55 PM
Cause they have nothing to do, they like to talk about things they don't understand and know, so talking shit and trying to show themself smart in your eyes.
legendary
Activity: 938
Merit: 1000
August 28, 2016, 12:25:57 PM
In the crypto space there are always hordes of people saying, at the wrong time, that you should sell. As you will see, with time, this is just an attempt to make people sell at low prices, so they can buy cheaper.

It makes sense, besides adds people disillusioned or with low expectations by varied bad experiences such as, they bought high and the price has not recovered, they were the victim of some hack, etc...
hero member
Activity: 672
Merit: 503
August 28, 2016, 12:16:26 PM
There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.

Agreed bitcoin has died many times but has bounce back with flying colors shutting the mouth of its critics in the best possible way and we can expect same thing from bitcoin in future too.
hero member
Activity: 560
Merit: 500
August 28, 2016, 12:14:45 PM
In the crypto space there are always hordes of people saying, at the wrong time, that you should sell. As you will see, with time, this is just an attempt to make people sell at low prices, so they can buy cheaper.
sr. member
Activity: 278
Merit: 250
August 28, 2016, 11:51:41 AM
There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.
Today, many people also believe that bitcoin little lives. Chances are they frightened that the exchanges have become more vulnerable after the incident with bitfinex. But this will take place and once stabilized bitcoin, so users can again believe in him.
legendary
Activity: 868
Merit: 1006
August 28, 2016, 10:22:31 AM
There is a list of the times bitcoin has died in bitcoinwisdom.com, it shows how stupid and short sighted people are. Stop paying attention to that and focus on buying more BTC.
sr. member
Activity: 479
Merit: 533
August 28, 2016, 09:26:45 AM
There are so many bitcoin haters you know, they defame bitcoin as ponzi scam, or multi-level marketing scam(many Chinese said this when i saw the news comments)

Bitcoin is never dead, even after mtgox hack case, bitfinex hack case, FBI sales so many mega dumps, and bitcoin is coming back after dumping.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 28, 2016, 09:13:45 AM
bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down

It depends on the active development of the bitcoin infrastructure. If there is no development, it will be replaced by other coins.

Other coins don't quite cut it yet. That's probably one of the reasons we don't see active development going on in Bitcoin. For example, the talks of increasing the infamous block size have been all over the place for more than a year already, but talk is cheap and things haven't budged an inch since then. On the other hand, if some coin shows real promise, devs may start migrating to it, leaving Bitcoin where it is...

If they haven't done so already
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
August 28, 2016, 07:20:53 AM
bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down

It depends on the active development of the bitcoin infrastructure. If there is no development, it will be replaced by other coins.
hero member
Activity: 770
Merit: 500
August 27, 2016, 05:04:47 PM
bitcoin depleted mined around the year 2140, so I see bitcoin will continue to live up to tens of years in the future and I can still continue to use bitcoin to 70 years. so I do not care if people say about bitcoin dead.
yeah bitcoin s going to be around for a really long period of time in my opinion and the people who say that it is dead just want the price to go down
full member
Activity: 238
Merit: 250
August 27, 2016, 02:48:11 PM
Honestly almost all saying that bitcoin willl be dead is member of other crypto or they are holding an altcoin..
So i think they are just hijacking people to use altcoin instead of using bitcoin.. it a market strategy..
This is not a strategy, but a real deception. I understand that every customer lure in any way, but this method must be at least decent.
nope I think the main reason for someone use altcoin at this time is because they do altcoin trade. although they use altcoin. but will they
conversion is to bitcoin? so even though they hold altcoin their purpose remains one. that is bitcoin



That's true and altcoin trading allows them to make quick profits but once they are done with trading they will definitely convert it to bitcoin as bitcoin is too big in compare to other coins.
For some trading in altcoins is so profitable because of the dump and pump game, it is easy to spot which coins or token that would have a good pump and dump game and if you can already know the trend you can easily make profit from it.

After the price dump, the traders want to buy the bitcoin, they will troll bitcoin and push the price down further to buy more bitcoins.
I think the only people who are less experienced who follow that issue, and then panic just because of this false news?
I think you have to believe in yourself. do reasearch before doing something like selling or buying dude. it s will be better

First you need to see who is thinking about that bitcoin is no longer alive. First of all you need to pay your attention on how bitcoin grows up again after a sharp drop in its value on the stock exchange. Of course crooks from bitfinex put hand for this fall, but nevertheless bitcoin again goes forward.
legendary
Activity: 1372
Merit: 1008
August 26, 2016, 05:40:45 PM
Honestly almost all saying that bitcoin willl be dead is member of other crypto or they are holding an altcoin..
So i think they are just hijacking people to use altcoin instead of using bitcoin.. it a market strategy..
This is not a strategy, but a real deception. I understand that every customer lure in any way, but this method must be at least decent.
nope I think the main reason for someone use altcoin at this time is because they do altcoin trade. although they use altcoin. but will they
conversion is to bitcoin? so even though they hold altcoin their purpose remains one. that is bitcoin



That's true and altcoin trading allows them to make quick profits but once they are done with trading they will definitely convert it to bitcoin as bitcoin is too big in compare to other coins.
For some trading in altcoins is so profitable because of the dump and pump game, it is easy to spot which coins or token that would have a good pump and dump game and if you can already know the trend you can easily make profit from it.

After the price dump, the traders want to buy the bitcoin, they will troll bitcoin and push the price down further to buy more bitcoins.
I think the only people who are less experienced who follow that issue, and then panic just because of this false news?
I think you have to believe in yourself. do reasearch before doing something like selling or buying dude. it s will be better
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