Quote from: rejekitiban on April 05, 2018, 11:34:52 AM

Quote from: Bonam on March 05, 2015, 07:44:40 AM

I think it is.

Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.

Thoughts? Anyone seriously disagree with this conclusion?

I' m not agree. I think there several factor effected the prices of bitcoin. demand and supply is major factor, also the negative news can influence the people demand. so, I believe it will rise, going down is temporary.

Bitcoin is not dead. It may experience a dramatic fall upon entering 2018 but through perseverance and the support of Bitcoiners positive results are attain. There are many factors affecting the status of btc. The challenges that Bitcoin is facing right now makes it stronger and grow. The tight competition in the cryptocurrency world market makes btc grow.