Bitcoin’s Dead! Bitcoin’s Over! Or Is It?

in #bitcoin6 years ago (edited)

Sensationalist journalism talk about Bitcoin being Dead.

1929 - 2017

Old die hard bitcoinists have been spelling it out and saying a pull back would be healthy for the coin, adjust before moving up again.

Bitcoin 25% down

When you read the History of Bitcoin it starts to make sense, ebb and flow in cryptocurrency is much the same as any other tradable assets, enjoying 'bull' runs followed by bear runs, but dead? (Leave Your Thoughts Below)

Time to buy, become invested. Happy Holidays.

Original Source: https://news.bitcoin.com/bitcoin-crashes-bitcoins-dead-bitcoins-over-a-brief-history/

@joanstewart
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Not dead and crypto for sure not dead, we see corrections, it evolves and we grow. SuperiorCoin is a great option for those wanting somthing faster than bitcoin.

Great post Joan. The media needs to become better informed because they become hysterical and cause unnecessary panic.

Totally agree @sydesjokes media share news without thinking before they put 'pen to paper'.

Yes, lot's of media reports are written unburdened by further knowledge.

But - again - what concerns me regarding Bitcoin is the tsunami of unconfirmed transactions. The last week told everone who wants to know: even a pre-taste of mainstream adoption makes Bitcoin collapse.

Will the shift from Bitcoin to better altcoins be followed by a shift away from blockchain to better technology?

This technology is so young @rockwellontherun my feeling having been involved in this technology for almost 3 years is Bitcoin will remain the 'mothership' for awhile.

New alt-coins will possibly become more easy to handle with lower charges and faster movement. This would be ideal when one of the crypto currency coins show ease of use throughout the world.

My advice remains, research and see if the coin is going to add value to people or business and stick with those that have good reason to remain.

I decided to give my two daughters Bitcoin for Christmas gifts and to get them involved in crypto. I couldn't believe they weren't already investing, but hey I got them started. Well, it wasn't long after the transfer to their wallets that the price took this downward path. I guess I am going to add a little more to their wallets. MERRY CHRISTMAS Please go and sign up on SteemThat.com, Kryptonia.io and SuperiorCoin.com @steemthat Ask @sydesjokes about Sydes CryptoMining Syndicate where for a small gift you can start earning a passive income from mining without all the hassle of purchasing your own mining equipment. #SteemOn #PeoplePower #Freedom4All

May 2018 flourish for those who give new technology a chance @fhstralow

@steemthat is a amazing community building together into Steemit.

@kryptonia effectively working in crypto @superiorcoins with projects to further enhance community sharing in tasks. Offering a system of marketing skills personal skills to each other (selling your technical skills to each other within the site paying with crypto-currency)

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I strongly agree with you

Great post, the panic needs to stop.

Panic buyers become losers normally in the long run @nypho

Agree with you why get depressed so quickly be thankful for what we still have.

The concept is still in it's infancy, invest if you believe and promote because it may do good for more living on our world @methusalem

Every person invested has seen something in the concept that resounds well within them, we are all human.

Agree with mesthusalem, we still have a lot to be thankful for. Nice post.

Yes, every day be grateful for what we have @bigbear share knowledge for others to grow alongside you, to better their lives.

Far from over...............

Many changes will still come, too young to know which way it will go @stillwater

Absolutely correct. Far too young at this point which works to the advantage of life and growth for it. I've heard that coinbase has 2.5 million new users coming in next week alone or trying to... that's US based ..... what about the rest of the world? Let's say these numbers continue throughout exchanges around the world over the next couple of years and half of them buy into BTC............ far from over.

The media is dying to claim that it's dead... it's what everyone wants to hear... all the people who didn't trade (most people) will feel good about themselves...

Everyone will be smug and say "I TOLD YOU SO".

Nope.

Invest with good reason, then hold on tight @spirtualmax the dream of digital money has only just begun, and is proving itself.

hmm maybe or maybe not

Will have to expand on that thought @ohi786 everything in life is a maybe/maybe not

Half full, half empty, flat or round, it is all a matter of YOUR perspective I have come to find. As long as our glass has something in it, flat or round doesn't really matter right now. Stay positive and focused. 2017 was a pretty good year for me. I am expecting 2018 to be even better than the previous 51 years and Crypto will come back . Be sure to check out SteemThat.com, Kryptonia.io and SuperiorCoins.com

Yes do check out Kryptonia.io and SuperiorCoin. Great years ahead

Agree with you and The concept is still in it's infancy

Yeah there appears to be a nice bounce on the way the coming week or two. Bitcoin is very very much alive and kicking. Good post funny stuff once again.

Healthy pull back so as to grow in 2018 @cryptkeeper17

I totally agree. I would be much more nervous about a bubble if people within didn't have some level of profit taking with the ridiculous surge it has had in the recent history. 1000% or more on an in initial investment picking BTC at $1k or less is a pretty salty return, and you would almost have to be out of your mind to not have pulled at minimum your basis in this investment. Again right on total agreement here.

Great Post and Very True it is!!

Keep positive and keep an eye on what to do next @dhimanyog

yes it is anunnecessary panic.