Quote from: tabas on October 20, 2016, 03:07:09 AM

Quote from: operrajunk74 on October 07, 2015, 07:21:57 PM

I don't think that the bitcoins are dead, we had alternative currencies before also. It is too early to assume the failure or success of BitCoin. The appeal of Bitcoin is finding a workaround global currency, not because Bitcoin was a better medium of exchange. We have to wait and watch for sometime, there is a bright future for bitcoins and I hope Bitcoin will never ever dead.

Well the price of bitcoin is falling but it doesn't mean that bitcoins is going to be dead that is just normal as it is a decentralized currency and doesn't have a stable price. The people who are seeing that bitcoin is dead, they are the ones who are falling their investments because of bitcoin so instead of liking bitcoins, they are hating it.

The price increased incredibly rapidly during the past few weeks, and it doesn;t surprise me at all that the value is going down to partially correct for an unprecedented and relatively unbacked spike. I don't think we'll dip below where we were before, however we'll like end up close to where we started from.