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Topic: Why is BTC dead - page 3. (Read 1146 times)

hero member
Activity: 1246
Merit: 529
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November 29, 2018, 11:11:08 AM
#40
Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



Are you sure Bitcoin is dead? then what happens now in that growth? you can see and check it
I guess you have to use your original account not a newbie to spread the FUD

Well everyone's entitled to their own opinions and if he really thinks btc will be obsolete for the reasons he stated, then it's his loss. There are many like him who probably are all too negative about btc because they lost money. Losing 10k eu and blaming it on bitcoin lol.
full member
Activity: 1582
Merit: 132
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November 29, 2018, 07:36:03 AM
#39
Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



Are you sure Bitcoin is dead? then what happens now in that growth? you can see and check it
I guess you have to use your original account not a newbie to spread the FUD
hero member
Activity: 980
Merit: 506
November 29, 2018, 06:00:24 AM
#38
No, it's not dead!It is just that market is in downfall. It needs time to grow and pump. Some people are trying the bitcoin down by spreading FUD over the internet. Let fight for bitcoin!
It is a lot hard for some people to actually wrap their minds around, considering that the market so far as it is, pretty much is giving a lot of fear in the minds of those who joined FOMO, but the thing is that rather than realizing their mistakes and knowing how to approach the market better, they are busy seeing a dead market and that is how they will keep missing good chances over and over again, and the only thing they will keep end up doing is to join FOMO at every point in time. This is just a downtrend, and for a market that is new, volatility should be expected, and it is nothing new. As time goes on, the market will recover, and over time, it will serve its usefulness.
sr. member
Activity: 980
Merit: 261
November 26, 2018, 10:04:01 PM
#37
blockchain technology is still on raising therefore the price today is not permanent there are some adjustments with the price that is why we should cope with this kind of situation in the market or else we will lose our investments.
brand new
Activity: 0
Merit: 0
November 26, 2018, 10:01:10 PM
#37
I believe in blockchain and hope that rise will be soon!

Blockchain yes, BTC is DEAD Grin
bitcoin is not dead. It is still alive.
full member
Activity: 1498
Merit: 129
November 26, 2018, 09:53:32 PM
#36
Simple explanation. There were few on the top, earned a lot of money, the rest are just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Btc will be replaced with coins like TUSD.

As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.
Do you believe that Blockchain technology will no longer use? You speculate the worst things can happen because of the current market is pouring?
Do not ask such damn questions because everyone on this board believes Bitcoin cannot destroy.
The Op is not talking about blockchain technology in which bitcoin is built but the coin itself. Well i think op is addressing this based on hundred of ICO that use bitcoin as a means of investment but most important thing that the coin is created solely to be used as digital currency and nothing but that. however the anonymity that the coin give suppose to help in driving usage but to me it seems many people are using the coin for wrong reasons and this has bring nothing but sadness to crypto enthusiast
member
Activity: 616
Merit: 18
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November 26, 2018, 09:23:46 PM
#35
Nahh, I must say no one can replace bitcoin and bitcoin is not dead. It is normal in every market, we always see some losses on our portfolio and its not unusual. Bitcoin is irreplaceable, if bitcoin replaced by other stable coins. I must say that cryptocurrency is not decentralized anymore.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
November 26, 2018, 09:11:15 PM
#34
Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



You have some point that maybe mostly of the million crypto users just realized that Bitcoin has no commodity as assurance for their investments that its just purely relying on some new investments that if there will become rich then the opposite faith will be shouldered by the others unlike Altcoins in which all tokens will be use as a utility for their products therefore the possibiity to supersede Bitcoin in the future is a fact.
hero member
Activity: 1190
Merit: 525
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November 26, 2018, 09:02:29 PM
#33
Probably a bad time for a conclusive idea about Bitcoin. If you lost $10.000 with Crypto you believed it at some point, and because the loss you are angry now. Of course there is speculation, the guys on the top make much more profit than everyone else and there isn't many investments coming in for now, but these are not reasons to see BTC as a dead currency. Remember that Bitcoin rules the market, and not some "stable" AltCoins.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
November 26, 2018, 08:53:23 PM
#32
No, it's not dead!It is just that market is in downfall. It needs time to grow and pump. Some people are trying the bitcoin down by spreading FUD over the internet. Let fight for bitcoin!
full member
Activity: 616
Merit: 100
November 26, 2018, 07:02:06 PM
#31
Bitcoin is not dead... bitcoin just need a correction time i think. it is the correction time. and i hope in the future it will rise up again. and i believe that it will reach the new all time high again in the future
member
Activity: 434
Merit: 10
November 26, 2018, 06:57:16 PM
#30

BTC is with us to peak in 2017 btc up to more than $ 20000 I think it will quickly get back and BTC will quickly recover to become the best digital currency in the technical market. At present, some reasons for the BTC to reduce shark related prices are price impact
full member
Activity: 476
Merit: 100
November 26, 2018, 06:55:46 PM
#29
Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.


Definitely the sentiments of many. But I would tend to decline from the idea that Bitcoin is dead. I think it is simply on a break. You know, like a stop over to cool down. I strongly believe that Bitcoin still has a lot to offer. This bear trend will surely pass and a gradual recovery will happen. Many, if not most of us know this but refuse to acknowledge it because of their losses. Remember, not one currency has anything to do with our losses or even failures. We make the choices. We make the decision. We are the players.
copper member
Activity: 40
Merit: 2
November 26, 2018, 06:46:30 PM
#28
member
Activity: 209
Merit: 12
November 26, 2018, 06:36:32 PM
#27
And who says bitcoin is dead? enough of this speculations. If you don't believe in Bitcoin, just keep you opinion to yourself and leave we that believe in it. People like you joined the bitcoin world because you think you can make some profits with bitcoin within some short time. Once you are disappointed, you just spread false speculations about Bitcoin.
hero member
Activity: 994
Merit: 515
Get'em boys
November 26, 2018, 06:32:47 PM
#26
BTC is yet not dead but its progressively slow and stuck in this misery. BTC at the moment is not great but could be worse and the main reason for such falling is due to people selling out, especially at the larger levels/volumes.
member
Activity: 518
Merit: 11
November 26, 2018, 06:26:31 PM
#25
BTC is not dead, we only see BTC volatility below because it gets a big influence from the battle hash.

BTC will never die when supplies and miners still exist. BTC is designed to create an uptrend.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
November 26, 2018, 05:57:10 PM
#24
What are you trying to tell us by saying "I lost 10k eur"? Did you buy high and sell low? If you did then I can understand the frustration. It's the dumbest thing to do and the reason why markets are oversold right now. Stupid people are selling cheaper than they bought and other stupid people who didn't know anything about Bitcoin and bought in during the hype are flooding the forums with their sad stories.
You're right, BTC is dead... for you.
sr. member
Activity: 1918
Merit: 370
November 26, 2018, 05:46:02 PM
#23
TUSD will not replace BTC as it is still backed by USD which has an inherent risk of reducing in value so it will NOT replace BTC as an alternative store of value.

   What had happen to the market are massive sell off on the trading market, as reaction to the huge drops on the price value of Bitcoin, some are trying to save their investment by Panic Dump of all their investment which in turned contribute to a lot more drops on Bitcoin, it is the lower consumer's confidence by the investors that further down the market, not to mention the Negative news all over the social media, and on Broadcast that create more reaction on the market. I still that Bitcoin will recover soon.
sr. member
Activity: 552
Merit: 250
November 26, 2018, 05:33:15 PM
#22
Do you understand what are you saying? You a lack of knowledge in terms of blockchain. It think you should need to research and read more regarding of blockchain. Yes you are right bitcoin is not a stock market but they have similarity in terms of investing if stock market fall down it same on the cryptocurrency. You are saying that bitcoin is dead just because it is dumping just read and search carefully.
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