Re: Why do people keep saying BTC is dead?!

Why do people keep saying BTC is dead?!

Because they don't know what they're talking about. Those people are just handing their bitcoins to someone else who deserves them more.

Because of them are poor in knowledge about bitcoin. Or maybe some are not really open minded unto it, or it can be one of their strategy to give panic to the community to sell their coins to make bitcoin value will downfall at once.

Those are the people who have made huge loss in the past by investing their bitcoins at wrong place and now they are blaming bitcoins for that and they are busy in spreading the negative news about bitcoins and trying to divert the minds of other people but I don't think it will work.

I think this is not the case why people say Bitcoin is dead. Lots of people had exit when Bitcoin Hit $500 they think it will not go up to what it is right now so they sold all their holdings. Then they see that their decision is wrong and want to join in but it somehow hard for them to accumulate the once number of Bitcoin they have so they come into playing dirty into confusing early investor that Bitcoin gonna crash and hoping that these novice people sell their BTC at a lost to their waiting Buy order. It is just a strategy to get Bitcoin at a cheaper price.

I think many bitcoin users leave bitcoin when the price stay at $200 and they have a think bitcoin can dead but after that's the price keep up even sometimes down but mostly the price keeping ups till reach $1000.