Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: msz900 on May 24, 2021, 05:43:30 AM

Title: Is It The End Of Bitcoin?
Post by: msz900 on May 24, 2021, 05:43:30 AM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.
Title: Re: Is It The End Of Bitcoin?
Post by: sacrotic on May 24, 2021, 08:32:37 AM
This is natural situation for us and I believe we already have plan but if can't discipline that's bad. We only need to buy back and split our asset with eth or bnb, simple like that. Trading or invesment is 10% knowledge but 90% are waiting.
Title: Re: Is It The End Of Bitcoin?
Post by: Ferki on May 24, 2021, 08:54:24 AM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

Yes, exactly, Bitcoin has died 100 times and China has banned Bitcoin 12 times, every year.
What do we do now?
Title: Re: Is It The End Of Bitcoin?
Post by: Dark Knight on May 24, 2021, 11:28:15 AM
Those who are now investing in cryptocurrencies are at a loss.None of us could have imagined such a tragic scene in cryptocurrency.However, we have to accept that the cryptocurrency market fluctuates.It turns out that many investors who have invested heavily in Bitcoin have now fallen into extreme losses.Investors invested in Bitcoin with high hopes.They thought that the way the price of Bitcoin is increasing, Bitcoin will become one hundred thousand dollars. But instead of that, the price of Bitcoin has just started falling.
Title: Re: Is It The End Of Bitcoin?
Post by: nicecrypto on May 24, 2021, 11:41:23 AM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.
Yes, true but that was the end of the Bullrun market and the difference here is that this dip has not been confirmed to be the end of this bull market. If you look at the 2017 bull circle, you would notice that around this same time, there was a dip like this before the final uptrend that ended in Dec 2017/Jan 2018. I believe this is the same and there will still be another uptrend before the Bulls give up  ;)
Title: Re: Is It The End Of Bitcoin?
Post by: Freemind on May 24, 2021, 11:50:43 AM
The Chinese government will say and do what they want, Elon Musk and Tesla will say and do what they want, and what will happen next?, nothing. As in life, this is called natural selection, the strong (holders) live, and the weak (weak hands) die. Most of the people who sell are out of fear and lack of patience, but what is happening has happened many times before. I wouldn't get into a Formula 1 car without knowing how it works, it could kill me.
Title: Re: Is It The End Of Bitcoin?
Post by: trauchot on May 24, 2021, 01:03:12 PM
Do not be afraid, this is just a correction of the cryptocurrency market has begun and it may now be necessary to wait several years for the next growth of cryptocurrencies to begin, but you should not be afraid as bitcoin in the future will grow again to 60k$ and even more, so now we need to wait for the moment when bitcoin will fall very much in price in order to invest in bitcoin and then we just need to wait for a new growth of the cryptocurrency market to start.
Title: Re: Is It The End Of Bitcoin?
Post by: shadowdio on May 24, 2021, 01:33:17 PM
Only the weak hands will say this is the end of bitcoin. I heard many times that before and still bitcoin was still alive and now I heard it again, just because bitcoin was massively dumped. Why don't they buy the dip and hold.. it's proven that bitcoin will recover and still making a new ATH in the future..
Title: Re: Is It The End Of Bitcoin?
Post by: mlawson71 on May 24, 2021, 02:30:08 PM
I think it is too early to say whether this is the end of Bitcoin. As far as I know, other companies haven't stopped their plans for Bitcoin.
Title: Re: Is It The End Of Bitcoin?
Post by: Jaguar on May 24, 2021, 03:10:54 PM
I think it is not the end of Bitcoin. The drastic decline is not sounds the end. Rather it seems the beginning of new market capitalization target. Too early to predict the end of Bitcoin now. The volatile price is included in the cycle of cryptocurrency ecosystem.
Title: Re: Is It The End Of Bitcoin?
Post by: gurunanakji777 on May 24, 2021, 03:16:12 PM
Why its the end of Bitcoin? What is the reason? Just a dip can end the Bitcoin no a big no. The current market is not like as 2017 market. As we all know many big investors are part of the BTC now and they certainly do not want to lose their money So now we have big holders, as well as they have trust in Bitcoin so we should not worried about the dip. The market has started the recovery if you see today's market. I hope this time market won't take 3-year a long time again to touch its ATH again.
Title: Re: Is It The End Of Bitcoin?
Post by: Ferki on May 24, 2021, 04:42:36 PM
Those who are now investing in cryptocurrencies are at a loss.None of us could have imagined such a tragic scene in cryptocurrency.However, we have to accept that the cryptocurrency market fluctuates.It turns out that many investors who have invested heavily in Bitcoin have now fallen into extreme losses.Investors invested in Bitcoin with high hopes.They thought that the way the price of Bitcoin is increasing, Bitcoin will become one hundred thousand dollars. But instead of that, the price of Bitcoin has just started falling.


What are you doing here then? I find your statement very courageous but not substantiated with facts. So Bitcoin is dead, right?
Then why are you trying to earn the few toads through bounty?
If you could explain to me why Bitcoin is dead now, I would be very grateful.
Title: Re: Is It The End Of Bitcoin?
Post by: Batch18-19 on May 24, 2021, 05:41:23 PM
Bitcoin can't end right now. It is normal that the market will dump the pump. Although the value of bitcoins has decreased, I am confident that the value of bitcoins will increase again. Investors in the Bitcoin platform must be able to get Bitcoin back to its previous state. So I say if you don't lose patience please wait.
Title: Re: Is It The End Of Bitcoin?
Post by: Freemind on May 24, 2021, 05:51:04 PM
Those who are now investing in cryptocurrencies are at a loss.None of us could have imagined such a tragic scene in cryptocurrency.However, we have to accept that the cryptocurrency market fluctuates.It turns out that many investors who have invested heavily in Bitcoin have now fallen into extreme losses.Investors invested in Bitcoin with high hopes.They thought that the way the price of Bitcoin is increasing, Bitcoin will become one hundred thousand dollars. But instead of that, the price of Bitcoin has just started falling.


What are you doing here then? I find your statement very courageous but not substantiated with facts. So Bitcoin is dead, right?
Then why are you trying to earn the few toads through bounty?
If you could explain to me why Bitcoin is dead now, I would be very grateful.

He will not answer you, a few hours ago I was going to ask him something similar to what you told him, but since I know that there are many users who just want to increase the number of posts, I do not even waste time. Those who really want to learn can do so, those who don't will disappear with the passage of time.
Title: Re: Is It The End Of Bitcoin?
Post by: Clearman on May 24, 2021, 05:54:05 PM
The price of Bitcoin is going down in a way that is unimaginable.  Because the price of Bitcoin has gone down twice as much as it did.  In this way, if the price of Bitcoin continues to be dumping for a while, then the cryptocurrency will come back more than before.
Title: Re: Is It The End Of Bitcoin?
Post by: doc on May 24, 2021, 06:45:21 PM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

It's not the end of bitcoin, I think famous person and government just against bitcoin and crypto currency. That's normal.
Crypto currencies have negative issue several time, but I see crypto still exist until now.
It is the future currency and will have great future.
Don't worry about bitcoin and crypto mate.
Title: Re: Is It The End Of Bitcoin?
Post by: Ferki on May 24, 2021, 08:53:24 PM
Those who are now investing in cryptocurrencies are at a loss.None of us could have imagined such a tragic scene in cryptocurrency.However, we have to accept that the cryptocurrency market fluctuates.It turns out that many investors who have invested heavily in Bitcoin have now fallen into extreme losses.Investors invested in Bitcoin with high hopes.They thought that the way the price of Bitcoin is increasing, Bitcoin will become one hundred thousand dollars. But instead of that, the price of Bitcoin has just started falling.


What are you doing here then? I find your statement very courageous but not substantiated with facts. So Bitcoin is dead, right?
Then why are you trying to earn the few toads through bounty?
If you could explain to me why Bitcoin is dead now, I would be very grateful.

He will not answer you, a few hours ago I was going to ask him something similar to what you told him, but since I know that there are many users who just want to increase the number of posts, I do not even waste time. Those who really want to learn can do so, those who don't will disappear with the passage of time.


You're right, it makes a huge difference if you pursue different goals in life. Then you can't even try to explain something to those people because  they don't just want it.
They are only focused on one thing, a lot to gain with little work. But that never worked. Never mind.
Title: Re: Is It The End Of Bitcoin?
Post by: mr.Robot on May 24, 2021, 09:02:31 PM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.
It doesn't work as you think, yes many investors' funds may become less than their entry price but they are not at a loss, because they didn't sell the asset yet. Also, you may be missed that some billionaires still investing in Bitcoin and using this dip as a chance to making their bag heavy. Whatever is happening here because some FUD came from Tesla and China. Otherwise, everything is fine and will be ok once people will understand where to invest and when.
Title: Re: Is It The End Of Bitcoin?
Post by: vegasus on May 24, 2021, 11:44:27 PM
No, I exactly believe that what we can wait for gaining the market to come back to its rail of the bullish era and we can wait for further information. Today, it is very difficult to wait for the dip market that happens because of several problems such as whales, the US, and CHina negative issues.
Title: Re: Is It The End Of Bitcoin?
Post by: Tubelight on May 25, 2021, 04:22:57 AM
I think you may be a little bit offset. I don't think Bitcoin will ever end up like this. Because various analysts have clearly presented the roadmap of Bitcoin in front of everyone. So we should not worry and wait for the price of bitcoin to rise again.Because if Bitcoin runs out then cryptocurrency will have no existence.
Title: Re: Is It The End Of Bitcoin?
Post by: Centus on May 25, 2021, 11:46:58 AM
The Bitcoin market is currently in a somewhat downtrend. However, the situation with Bitcoin will soon improve. It is also expected that the price of Bitcoin will rise much faster very soon. Every trader around the world is profiting by trading in the cryptocurrency market. The price of Bitcoin in particular is rising much higher every moment. So in 2022 the condition of Bitcoin is expected to improve a lot.
Title: Re: Is It The End Of Bitcoin?
Post by: KryptoBull on May 25, 2021, 07:27:28 PM
Although MACD is giving bad signals, I still believe that the 2021 bullrun will be like 2013, ie there will be 2 peaks, that will be how BTC completes the PlanB pattern when it reaches 100K.
It would be unusual for financial institutions to leave the market when the market is growing at its fastest.

Title: Re: Is It The End Of Bitcoin?
Post by: pealr12 on May 25, 2021, 07:38:09 PM
Anytime btc experience a dip some people will assume the end of btc has come, is it that easy to end btc just from a dip in price? Then that means btc is not as strong as we think, I don't believe end that easily just because the price has fall, did you even thought of the institutions who invested in btc and still holding their bags, do you think of btc will end so easily through a market dip they will bother to buy 9r invest on it!
Title: Re: Is It The End Of Bitcoin?
Post by: hasyurt on May 25, 2021, 08:22:18 PM
How normal it is to withdraw from 23k to 13k. It is so normal to withdraw from 60k to here. It will start moving first horizontally and then upward again. Bitcoin is equivalent to gold in my eyes. It will never end. When the internet ends completely, then vtc and altcoins come to an end.
Title: Re: Is It The End Of Bitcoin?
Post by: I-Bit on May 25, 2021, 10:58:01 PM
Are you in a panic? The decrease in Bitcoin price and the bans of US or China don't mean the end of Bitcoin. They cannot make Bitcoin disappear, they never have the power to control the Bitcoin future. We all know that Bitcoin is decentralized and owned by people around the world. So, don't be panic, guys! The negative issues and the decline won't last forever. It will be over soon.
Title: Re: Is It The End Of Bitcoin?
Post by: MrSpasybo on May 26, 2021, 01:17:46 AM
We can see Bitcoin recovering very strongly and in the worst case scenario, BTC price will hit $60K again before going into crypto winter. However, I believe BTC price will reach at least $100K, maybe even $350K this year when FOMO peaks in late 2021.
Title: Re: Is It The End Of Bitcoin?
Post by: XM8 on May 26, 2021, 05:33:11 AM
The price of bitcoin may have been a bit of a dumping but it didn’t happen that bitcoin was completely gone. It is only natural that the value of coins will be pumped or dumped in the cryptocurrency market. Then what we know is dumping the value of bitcoins at this time of year. Hopefully next time Bitcoin will return to normal.
Title: Re: Is It The End Of Bitcoin?
Post by: tervel on May 26, 2021, 06:08:21 AM
BTC are still in their early years relative to other asset classes and so they’re going through a maturation phase where they are scaling and adoption in increasing. Volatility is a feature here just as the market develops.
Title: Re: Is It The End Of Bitcoin?
Post by: RSRS on May 26, 2021, 06:34:09 AM
When Bitcoin is closed, those who hold BTC will lose a lot. Hopefully, even if it is banded, it will definitely find a new way.It is only natural that the value of coins will be pumped or dumped in the cryptocurrency market.
Title: Re: Is It The End Of Bitcoin?
Post by: sneakyboi on May 26, 2021, 06:38:42 AM
I don't think it is the end of Bitcoin as more institutional businesses clinging into cryptospace right now and have a holdings of BTC. As long as we don't have a major bad news (just like the Tesla and China FUD), We're still good. Right now, We are experiencing a healthy major correction since there's no big dip in the past few months so it is quite understandable if we experience this dip.
Title: Re: Is It The End Of Bitcoin?
Post by: Senin on May 26, 2021, 07:47:08 AM
So far, we can only talk about the end of the bull market, and not about the end of Bitcoin itself. The cryptocurrency market experienced a deep price drop, which was predicted and expected earlier. I think that in this case, the bear market will not be long. We can already see that the price of bitcoin has risen from almost $ 30,000 to the current $ 39,645, and ethereum from $ 2,100 to $ 2,841 today. We do not yet know how the market will behave in the future, but such sharp price swings indicate that Bitcoin will still struggle.
Title: Re: Is It The End Of Bitcoin?
Post by: lepbagong on May 26, 2021, 11:44:41 AM
So far, we can only talk about the end of the bull market, and not about the end of Bitcoin itself. The cryptocurrency market experienced a deep price drop, which was predicted and expected earlier. I think that in this case, the bear market will not be long. We can already see that the price of bitcoin has risen from almost $ 30,000 to the current $ 39,645, and ethereum from $ 2,100 to $ 2,841 today. We do not yet know how the market will behave in the future, but such sharp price swings indicate that Bitcoin will still struggle.
actually bitcoin is under pressure from outside, not from a natural occurrence, actually bitcoin is under pressure because elements of social media give bad news so that many are influenced to act out of control again, irrationally responding to what is reported from social media.

indeed the influence of social media can be good for a moment but it can also be bad. while some time ago bitcoin had the luck to be able to increase but now the reverse is receiving bad news so it is under pressure. unfortunately investors can't tell the difference. This is certainly a bad percentage for the development of crypto in the future if you can't ignore things like this.

but firmly believe that the move of bitcoin is still a long way from achieving a better ATH spread, because there is still a long time for that to happen. which is expected to occur at the end of the year. so you must remain optimistic that bitcoin can still grow.
Title: Re: Is It The End Of Bitcoin?
Post by: salukhe on May 26, 2021, 12:10:44 PM
Bitcoin investors should not lose patience.Bitcoin investors need to be patient.  Because at present the condition of the cryptocurrency market is very bad.  Regarding the cryptocurrency market,no one can predict when the market will dump or pump.Hopefully Bitcoin will return to its previous position soon.Will bring something good for investors.Investors just have to be patient until the market returns to normal.
Title: Re: Is It The End Of Bitcoin?
Post by: Freemind on May 26, 2021, 01:17:10 PM
Bitcoin investors should not lose patience.Bitcoin investors need to be patient.  Because at present the condition of the cryptocurrency market is very bad.  Regarding the cryptocurrency market,no one can predict when the market will dump or pump.Hopefully Bitcoin will return to its previous position soon.Will bring something good for investors.Investors just have to be patient until the market returns to normal.

The true investors in Bitcoin (and other cryptocurrencies) are the people who have the most patience. They know exactly when to buy, when to sell, and when (along with other whales) to stay in a bear market. As long as nothing seems to be happening and the market seems stable without any fluctuation, they keep accumulating coins/tokens.
Title: Re: Is It The End Of Bitcoin?
Post by: Afony on May 26, 2021, 01:21:50 PM
Everything is not so bad the market has started to slowly return again and bitcoin has a new chance to break its bar. Of course, it is still difficult to say anything about the transition of bitcoin to the second plan, since there is still no such project that could replace bitcoin.
Title: Re: Is It The End Of Bitcoin?
Post by: mlawson71 on May 26, 2021, 01:30:25 PM
It definitely appears pretty bullish right now. For a moment there I feared it may drop below 20,000 USD.
Title: Re: Is It The End Of Bitcoin?
Post by: Evgenklm on May 26, 2021, 02:07:52 PM
Today, bitcoin has already touched $ 40 thousand, so I think bitcoin will soon regain its position in the market and we will see new ATH, but with altcoins, the situation is much worse, if bitcoin is the #1 coin and trading volumes are very high, then after the recent fall, most altcoins will be hard to rise to their ATH.
Title: Re: Is It The End Of Bitcoin?
Post by: azmirihaque on May 26, 2021, 02:13:35 PM
No market will give you continuous profit. That's why Business bears risk. But it is true that many investors have lost their fund. It is the part of the business. I think, it is the time to hold and wait for recovery. The crypto market has been developed largely in the recent years. The present situation of the market is not like the market of 2017. So, I think, t will recover its previous position soon.
Title: Re: Is It The End Of Bitcoin?
Post by: bitbit97 on May 26, 2021, 02:25:19 PM
Another topic that bury Bitcoin... How many times Bitcoin considered to be dead? 300? The end of Bitcoin will come only then, when its price will fall to 0. As long as it has value and there is a demand in it, it will be alive.
Those who panic and say that era of Bitcoin is over, I suggest to look on Bitcoin price graph and mark how many times price went down and recovered later.
Title: Re: Is It The End Of Bitcoin?
Post by: Monster5 on May 26, 2021, 02:39:40 PM
The Bitcoin market is currently doing somewhat better. The way the Bitcoin market started to decline has now changed a lot. I think the price of Bitcoin will return to its previous level very soon. Currently the market is pumping a lot. So the future of Bitcoin will never end but will go a long way in the future.
Title: Re: Is It The End Of Bitcoin?
Post by: elbans89 on May 27, 2021, 02:01:07 PM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

I don't think bitcoin will recover takes 3 years again. We all know pandemic bring good condition for bitcoin and crypto currency.
Many people already invested as long as pandemic covid 19.
I think It's just correction, bitcoin price will increase again soon.
no worries about bitcoin and crypto currency.
Title: Re: Is It The End Of Bitcoin?
Post by: rizqillah on May 27, 2021, 02:14:16 PM
No market will give you continuous profit. That's why Business bears risk. But it is true that many investors have lost their fund. It is the part of the business. I think, it is the time to hold and wait for recovery. The crypto market has been developed largely in the recent years. The present situation of the market is not like the market of 2017. So, I think, t will recover its previous position soon.

Yes, I agree we can't get profit every time, some time we will lose and It's normal.
I think we should the market will green again, because I see many investors also do that.
Keep calm and wait the bullish market will come.
It is not the end of bitcoin, So don't panic selling.
Title: Re: Is It The End Of Bitcoin?
Post by: mlawson71 on May 27, 2021, 02:43:03 PM
I agree. Right now the best thing one can do is to sit and wait. Sooner or later it will start rallying again.
Title: Re: Is It The End Of Bitcoin?
Post by: Confero on May 27, 2021, 02:44:59 PM
Things are common in Bitcoin, and this is not the end of Bitcoin.  Even though Bitcoin has not been able to go up to $ 60,000 again, Bitcoin is slowly starting to grow. Believe me Bitcoin will continue to increase, even though there was a drastic decline like yesterday. Don't panic because it will make you mentally fall.
Title: Re: Is It The End Of Bitcoin?
Post by: Prime on May 27, 2021, 11:51:31 PM
The price crashed so drastically only in few days and the price cannot meet the exact decision about the BTC price whether it is going to fall again or continue the race to high. However, I think that personally, I doubt this decision. But I am not sure that this is the end of BTC. BTC requires high community and we will never let it be
Title: Re: Is It The End Of Bitcoin?
Post by: Freemind on May 28, 2021, 10:14:51 AM
As we already know, the last Bitcoin ATH was $64,800, then dropped to $55,000 to stay more or less stable and is now hovering around $38,000, for some, it may be a very big drop, but I think people should remember December 2018 when it hit $3,300 after hitting $20,000 a few months earlier. Bitcoin has not died, it is more alive than ever offering opportunities like the rest of the coins/tokens.
Title: Re: Is It The End Of Bitcoin?
Post by: mlawson71 on May 28, 2021, 03:00:33 PM
I think that the correction will last for a while too, but I don't think it will stay permanently at the current levels either. That too is not realistic.
Title: Re: Is It The End Of Bitcoin?
Post by: tervel on May 28, 2021, 03:27:29 PM
People have been saying bitcoin will die for a decade, but it doesn’t go away. It’s doing the opposite. It’s rising and growing, and we even see bitcoin being discussed as the next reserve currency of the world.
Title: Re: Is It The End Of Bitcoin?
Post by: Vx1 on May 29, 2021, 02:40:38 PM
People have been saying bitcoin will die for a decade, but it doesn’t go away. It’s doing the opposite. It’s rising and growing, and we even see bitcoin being discussed as the next reserve currency of the world.
Only people who don't know Bitcoin say Bitcoin will die. Because in fact Bitcoin continues to grow, even though the price is only experiencing a correction for a while and soon goes up again. Bitcoin is now different from 4 or 5 years ago because now there are so many Bitcoin holders, so the price of Bitcoin has risen very quickly.
Title: Re: Is It The End Of Bitcoin?
Post by: Toshko on May 29, 2021, 03:02:29 PM
Bitcoin will always continue to live on. Even if it falls down to $10000, $1000, $1 or $0.10 there are always going to be people resurrecting it.
Title: Re: Is It The End Of Bitcoin?
Post by: lepbagong on May 29, 2021, 03:07:17 PM
People have been saying bitcoin will die for a decade, but it doesn’t go away. It’s doing the opposite. It’s rising and growing, and we even see bitcoin being discussed as the next reserve currency of the world.
all may say that and all also argue with what is in accordance with the arguments made but the fact that bitcoin is still enduring today and even beyond. if they say bitcoin is going to die why are they still mingling here and continuing to join forces because they also don't believe in it.

Only people who don't know Bitcoin say Bitcoin will die. Because in fact Bitcoin continues to grow, even though the price is only experiencing a correction for a while and soon goes up again. Bitcoin is now different from 4 or 5 years ago because now there are so many Bitcoin holders, so the price of Bitcoin has risen very quickly.
Yes, my friend, there are only a handful of people who don't want bitcoin to continue to grow, where it is true that until now it cannot be avoided by anyone that bitcoin is still needed and continues to grow and in fact many countries have begun to recognize the existence of bitcoin.
correction is happening now because it is external not from bitcoin itself so it can be ascertained that bitcoin will be able to bounce back after the external starts to pass. there must always be a sense of optimism that bitcoin is still there and will continue to prosper.
Title: Re: Is It The End Of Bitcoin?
Post by: alltalk on May 29, 2021, 11:58:40 PM
Only people who don't know Bitcoin say Bitcoin will die.
Agree. Or those who stated much negativity about Bitcoin are the haters. Most people who really know about Bitcoin, rarely state bad things about Bitcoin. They know Bitcoin is always growing and improving its existence. Moreover, the adoption of Bitcoin seems to be more massive in daily life. So, we actually have no reasons to worry about Bitcoin's future.
Title: Re: Is It The End Of Bitcoin?
Post by: Tamsialu$$ on May 30, 2021, 03:43:46 AM
It was never imagined that the price of Bitcoin would suddenly be dumped like this after the price of Bitcoin was pumped so much. Now the way the bitcoin price is being dumped, it is very easy to understand that the price of bitcoin may come down to $20k. Now that the price of Bitcoin is being dumped like this, many angel investors who are there are speculating that maybe the price of Bitcoin will be dumping. But bitcoin prices are more likely to rise even though prices are now declining.
Title: Re: Is It The End Of Bitcoin?
Post by: vaysar on May 30, 2021, 08:08:00 AM
Bitcoin has been with us forever, everyone understands this, but for some reason, during market corrections, everyone panics and shouts that Bitcoin is over. Price fluctuations will not affect the existence of the First Cryptocurrency in any way. Moreover, on June 4, the largest event will take place - the Bitcoin-2021 Conference, where there will be live performances by Bitcoin Core developers, US senators, and CEOs of BTC companies. This should strengthen the price of BTC.
Title: Re: Is It The End Of Bitcoin?
Post by: dekafee79 on May 30, 2021, 10:13:26 AM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

Yes, I see It is the same like 2017, But I think it will recover soon, at this year.
I see many investors stil enthusiastic to buy more.The bigger investors already bought more and started to hold.
So, I believe market will recover soon.
Keep calm and wait.
Title: Re: Is It The End Of Bitcoin?
Post by: lepbagong on May 30, 2021, 02:01:17 PM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

Yes, I see It is the same like 2017, But I think it will recover soon, at this year.
I see many investors stil enthusiastic to buy more.The bigger investors already bought more and started to hold.
So, I believe market will recover soon.
Keep calm and wait.

just clarifying , that 2017 was precisely where ATH was formed by bitcoin and in early 2018 there was a correction until it was unstoppable.
but if you look at the trend, you can't see it when you enter early 2021, in fact bitcoin has experienced renewable ATH several times. so it doesn't seem like it can be equated, because external factors are more pronounced so that bitcoin undergoes a correction.

but if externals start to decrease and investors start to believe in themselves again then it is not impossible that bitcoin will increase again. because currently the price of bitcoin is quite stable in the $30K-$40K range and doesn't want to go down again and also go up. indeed need a recovery that can not be immediate and gradual.
Title: Re: Is It The End Of Bitcoin?
Post by: DAMKAR on May 30, 2021, 02:07:42 PM
AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

If you asked Ii it the end of bitcoin ? I think not yet. I believe bitcoin will never end, bitcoin is the future currency and will exist for along years again.
This coin will have bright future, If you see bitcoin is going down now.
I think It's just correction, although many people It is big dump.
But It will rise again.

Title: Re: Is It The End Of Bitcoin?
Post by: sampoerna on May 30, 2021, 11:49:23 PM
As the price of Bitcoin fell so deep doesn't mean that this is the end of Bitcoin. BTC price really has big influence to altcoins. If BTC ends, means that altcoins will also be over. However, this si a likely downtrend. The market may be better in several months again
Title: Re: Is It The End Of Bitcoin?
Post by: Traderbtcc on May 31, 2021, 07:26:33 AM
What happened in 2017 won't take place this year maybe next or not now, because the bull run hasn't ran for a full year or even 8 months, so I believe bitcoin prices will surely pump back to $60k. Yes I think so, the bull run is still very much active and prices will surely pump, it's actually the fud that caused the massive dump we are seeing now.
Title: Re: Is It The End Of Bitcoin?
Post by: mlawson71 on May 31, 2021, 04:41:15 PM
I sure hope so. If they same thing happens twice Bitcoin's reputation would be permanently damaged.
Title: Re: Is It The End Of Bitcoin?
Post by: Freemind on May 31, 2021, 04:47:55 PM
I sure hope so. If they same thing happens twice Bitcoin's reputation would be permanently damaged.

Did Elon Musk fart?. I ask this because the value of Bitcoin has been more or less stable for many hours. After all, Bitcoin's reputation has never been good, but it has still reached a huge ATH that it will soon surpass again. Many people have changed their way of thinking about cryptocurrencies since 2017-2018, the acceptance is much higher, as is the investment. We have to keep moving forward.
Title: Re: Is It The End Of Bitcoin?
Post by: smrityirany on May 31, 2021, 07:07:26 PM
At the present time the price of bitcoin is around $37000 but before few month it was around $60000. The total crypto market has lost its value a lot. At the  same time bitcoin also has lost its price very much. This is not standard. I think the crypto market will recover very soon and the bit coin also will recover its price in near future.
Title: Re: Is It The End Of Bitcoin?
Post by: alltalk on May 31, 2021, 11:24:37 PM
This is not standard.
What do you mean by saying "not standard"?
Do you think Bitcoin has a standard in its price? I don't think so.
Bitcoin price is always unstable and fluctuating. It has no standard, because no one controls the price. How much the price of Bitcoin in the market will be determined by the current supply-demand in the market.

I think the crypto market will recover very soon and the bit coin also will recover its price in near future.
Not sure if the price can increase again and reach $60k again in the near future. Currently, the price of Bitcoin seems hard to increase above $40k. Most experts stated that the price must be above $43k if we still want to see the next bullish in Bitcoin. While if the price drops below $30k, it may be the beginning of bearish.