Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.
We cant deny the fact there are a lot of those peoe in bitcoin community who have joined simply becuase of the hype.
They came in thinking that bitcoin is an easy source of money and jumped in without clearly analysing what is ahead for them.
Now when the market shows proof of falling they also instantly withdraw thinking that it could go even deeper.
Hypes are just a illusion, they aren't solid and finish at any time without warnings. And many people nowadays are lead by hypes, they just follow others steps (those who create the hypes) and when the hype is over they move themselves to the next one as it was the first.
It didn't happen only to Bitcoin, but to the music world, actors, shows, businesses, everything... It's inevitable. The point is that Bitcoin has to proove it is more than just a hype, then it can grow again and bring new enthusiasts to use it for real reasons and not just because it's a hype.