Is it Game Over for Bitcoin?

[pragna]

Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market.

Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.

[@Royale]

Although bitcoin has its shares of numerous market highs and lows behind it, i do not believe that its game over for the most popular and sought after cryptocurrency on the market. And i do not see that happening anytime soon or ever in the future because i am most certain that the big and powerful investors will do everything in their power to prevent such thing.
Let's not also forget that there is only 21,000,000 Bitcoins that can ever be in existence. Scarcity, creates value. So such scenario as game over is extremely unlikely.

[Dian]

I have never believed that bitcoin will end, bitcoin is the main coin in crypto and even though the market is falling but bitcoin will never die. Bitcoin holders will survive, and the decline in bitcoin prices will attract investors to adopt bitcoin, and in the future bitcoin will be able to grow again.

[Ferki]

Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market.

Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.

It´s game over for you if you don´t stop plagiarising.Come on man,you can do better,try your own words!

[Rivaldi Kunkun]

Bitcoin will not end and because the conditions are now falling this is a very natural thing. Every trade will experience price increases and prices will also decline. With conditions like now, many people use it to invest. Because they believe that the price of coins will definitely increase.

[simplex]

But they have made many people very poor very quickly, too—people who purchased these cryptocurrencies near their all-time highs, before they got crushed.

[acha12]

If the price of bitcoin continues fall, indeed there must be a huge disappointment that will be happen. But before the disappointment exist, of course you already know about the big risk of investing in bitcoin, there are many news reports that the bitcoin price is very volatile and you know that too, you also know that the price of bitcoin will be destroyed with some news, then why are you complaining? And how do I say "yes! Bitcoin game over"? Until at this moment even this bitcoin is still in the top rank of all existing coins.

There is no other choice unless we all have to be patient, because investing in bitcoin is not enough with various analytical sciences. We need very high capital and patience to benefit from the investments we make.

[gurunanakji777]

No bitcoin has long way to go ahead. Its been almost 11 months passed since the constant decline in price of bitcoin. I agree Negative news, fud, government crackdown, Banks restriction and some regulation in cryptos also plays a major role in pushing down the bitcoin price. Obviously continuous decline in price gives tensions but one can only wait positively for bullish move. Even tether also drops to 10-15% in the last month. I don't have much trust on tether and you can not be assured after converting your coins in tether so its better to keep remain as it is.

[vegasus]

Well, we cannot decline this situation right now when seeing the price of the bitcoin on the market. It drops -50% only in several days. However, I don't think that Bitcoin is gameover, too early to say that. Just follow the market, don't be panic. Let's see what will happen in two months later.

[Deallove9]

This is just the beginning of the game as we are going to see a massive turn around in short while when the bear will finally go back to their cafe , let not because of this dip as loss the great opportunity ahead of us, buy more and be prepared for better day .

[Stuart]

The declination in bitcoin price does not mean that it is dead nor its game over. The deeps are what makes crypto currencies fun filled. If it is just increases and no deeps, time to come, it'll be too expensive that will make it worthless to some people. The ups and downs of prices in the crypto market gives the fun of being a trader, and because of that, more people wants to become traders.
The second phase of the highs in bitcoin will be coming around soon. The game is getting started.

[Citysatoshi]

Yes, it is not a game over for Bitcion because of recent price decline. I think is just a normal price fluctuations basically associated with the demand and supply principles. Bitcoin will come back stronger in few months time.

[Jetski]

Bitcoin today experience market fall down but this not means that this will end bitcoin because even the market value of bitcoin is decreasing but we can still consider this as the most popular since its price is still the most expensive crypto.

[Falcon]

Game over is literally dead.
Well, as long as bitcoin not leaving the market it is alive.
I think that is basic foundation to determine the end and the just the beginning.

[Rafiq]

It is not game over for Bitcoin. I truly believe that bitcoin will never end and it will be legal to be currency in all over the world. Although now bitcoin price is decreasing but i think it will pump more after a year.