Is It The End Of Bitcoin?

[Freemind]

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.

[mlawson71]

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.

[tervel]

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.

[Vx1]

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.

[Toshko]

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.

[lepbagong]

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.

[alltalk]

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.

[Tamsialu$$]

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.

[vaysar]

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.

[dekafee79]

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.

[lepbagong]

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.

[DAMKAR]

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.

[sampoerna]

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

[Traderbtcc]

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.

[mlawson71]

I sure hope so. If they same thing happens twice Bitcoin's reputation would be permanently damaged.