Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
Amph
on 01/05/2015, 06:49:02 UTC
Because many people maybe already give up about bitcoin, about the price that keeping down.
FYI, The price of a Bitcoin has slumped 43 per cent in the first two weeks of 2015.
That's why maybe some people keep saying BTC is dead. Hope so the price gonna increase.

It just for 2 weeks. Invest in bitcoin is a long term investment so if it down for 43 percent in 2 weeks its just a normal. And bitcoin still have a chance to rise again and we all hope its price will skyrocketing soon
Yeah thats right its normal that the price of bitcoin will going down for several weeks. But if you saying that because of 43% down of price of bitcoin its all imaginary . They keeo saying that bitcoin is dead because they dont want bitcoin will be the payment or accept asa payment.

Why are they not going to accept this as a payment? With this payment and the technology it will easier to pay them rather than use fiat and bitcoin price will surely high enough when it is the time. We just wait for that moment and later it will blast. No matter what they must accept this as their payment in this world
Maybe their were scared because of hacking. Maybe they dont like that the cant touch their money or they like a cash not an internet money. Theres maney possible answer.
If the merchants accept bitcoin payment, they will dump them right away. The price is too volatile and want to keep the value in fiat. Although fiat is inflationary currency,  the opposite of bitoin, the fiat is accepted by all of the ppl. But bitcion is not, just the game of the minority. So every one just spreads rumors about it.
Bitcoin will not accept as a payment of the people who dont know how to use computer or they dont know what of use of it and they not aware on hacking and scamming. So that they scared using of bitcoin they more likely to use fiat money.

those are the old generations, new generation are aware on how to use computer and hi-tech devices

bitcoin isn't born to meet old people, some of them are not even willing to learn, we can't do nothing to this