Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
Rickers
on 07/05/2016, 20:07:24 UTC
Why do people keep saying BTC is dead?!

Because they are a jealous bunch, most of them are butt hurt because they missed the boat and don't have enough money to buy lots of BTC. So they dream about $1 Bitcoin and how they'll buy thousands if that happens.
Yeah I agree there are just mad because they cannot afford the present Bitcoin price. So now they are waiting for the halving and hope that they then can buy some coins.
Yeah but they also keep saying it is dead because the price was stable for such a long time and people just do not have the patient for it. I also do not have the patient for it all the time.

If price is stable then it doesn't mean that it is dead but if the price falls extremely then people starts to make assumptions that bitcoin is dead and it will not survive in future.

From this reasoining, I think the bitcoin is still live and well. The price has been traded with a small range for some time.