Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
ASHLIUSZ
on 07/07/2016, 11:57:59 UTC
Just let them say that bitcoin is dead because people who benefited from using bitcoins will not listen to them. Bitcoins has a good future and it can live as long as people will support this.

When they say the bitcoin is dead, the price could drop, I will buy more bitcoin with the same amount of money.

the bitcoin price is dropping quite fast now. It seems there is no specific reason for the drop. Maybe just normal market action.

Price is dropping for sure and I think people are getting panic and have started to sell their coins and that is the reason we are not seeing price going higher at a moment.
Once the event is behind us, some excitement will drop off and people will no longer be buying bitcoin “because of halving”. That should send the price down or at least see a sideways price movement for a few more weeks.