i also want bitcoin to die because im so freakin tired of this drama , im tired of this roller coaster , im tired of waiting for nothing .
But to be honest , i also need cash because i dont have a stable job right not . thats the reason that i cannot permanently quit on hodling and obtaining a bitcoin .
At the end of the day , im still praying that the price can still recover before we end this current year even if the chances are verry slim because i still hear alot of bad news every single day .
you need to sort your priorities and not wait until it's too late. not to scare you or anything but you have to understand that bitcoin is highly speculative and price can soar and tank to near zero (exaggeration) and give you an emotional breakdown if you're relying on it alone. with markets like bitcoin, you need to detach your emotions and be ready for the worst - like most do when they enter forex. it's still a gamble to invest only the amount you're prepared to lose if worse comes to worst.
Pretty much all banks and governments will want BTC progress to stop, I think we are all aware of that and there is nothing new in this. Of curse, you can add to those the names mentioned above by other users. But I really don't think that the fall of BTC is caused by people or entity that wants BTC to vanish, we should also put big whales and big entity that are interested in Crypto space in the equation they have the best interest to make the pirce fall, they are now pretty much can buy all big alts with cheap dirt, and who knows the plan might even to bring the market more down.
yes, although Christine Lagarde, International Monetary Fund managing director, recognizes and acknowledged the significance of cryptocurrencies, she does not endorse bitcoin. rather, she suggests "government-backed tokens" or "central bank issued digital currencies" (
https://cointelegraph.com/news/central-bank-digital-currencies-could-have-legitimate-role-says-imfs-lagarde) so it may be regulated.
i'm not totally against regulation and we need that to a certain extent but not to the point that it's suffocating the life out of you - like the way our fiat is handled. governments and digital currencies plus regulation? that can still breed corruption.
so whoever wants bitcoin dead, i suppose, won't succeed because there are still many who hate a system that holds your money hostage, kills its purchasing power, and takes chunks out of it for the benefit of the privileged few.
Before this plunge, a lot of people spreading FUD about bitcoin and how they want bitcoin to die and how obsolete bitcoin is. People saying that this alt or that alt will replace bitcoin and that bitcoin is no longer King of crypto. Now, looking at CMC, as bitcoin values going down so are ALL altcoins. No shitcoins...I mean altcoins able to get through what's happening in the market not even BCH, XRP, XLM or any other alts able to get pass through the bear market. This is just a proof that all alts value depends on bitcoin value and the influence of bitcoin to the whole crypto market. I'm very sure before bitcoin value turn to zero all alts turns to dust just like when Thanus snap his fingers and dusting happened.
So tell me, with all honesty, do you still wants bitcoin to die?
honestly, I want bitcoin to stay alive and develop because the benefits of bitcoin are so extraordinary. My experience with bitcoin is that bitcoin provides changes in my economic factors that are increasingly being met. from bitcoin I can buy valuables.
Calm down bitcoin will not die in the near future. bitcoin has just started its expansion, not only because the weakened price makes you think negatively that bitcoin is will die ? actually what worsens the condition is speculation and negative opinions from investors themselves so that prices continue to decline, just believe in bitcoin, prices will definitely return to normal and even higher
yup, totally agree.