Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
y8tvkid
on 09/03/2016, 17:58:29 UTC
People say it's dead because they don't understand it and every time they see a drop or bad news they think it's failing.  No one knows if it will survive, but like any new technology, it can take a while to catch on.
it seems reasonable to anyone bitcoin users. when looking at the price of bitcoin really come down. of course they will feel anxiety and fear. only a few people were really scared. who said that bitcoin will die. I think it was because of panic and fear


exactly, people gets easily panic and they lack patience, the people who are using bitcoins since long time will not get affected with price drop as they are used to it, but the people who are new investors they would surely start thinking bitcoin  is not going to survive.
agree with you that's why more newcomers who says it "bitcoin will die". just a bit of the old players that panic because falling prices. because they are already experienced this and run through situations like this many times. so it was natural for the newcomers or new investor says it all





Yes, but I think the newbies should gain a proper knowledge related to bitcoins before entering into it, everyone knows that bitcoin is volatile then why they involve themselves in spreading rumors about it.