I see this post all the time, people who keep saying that bitcoin will soon disappear or we are about to see the end of bitcoin. I read somewhere that the price of bitcoin this year is not the lowest since bitcoin's inception. It has dipped lower before, if I remember correctly, it was 80% drop. With that in mind, how could people say that bitcoin is about to cease existence? If it can survive an 80% drop, surely it can survive the drop this year, right?
That 80% drop was years ago, hardly anybody knew what bitcoin was at that time.. Bitcoin is more popular now and people can more easily just dump it. They don't even have to try that hard, because dumps have become an actual thing and are "consistent".
What people say is useless nonsense most of the time. Bitcoin won't cease to exist for a few years at least, because it has support to back it up. There are so many hodlers who are waiting to sell bitcoin at a higher price and bitcoin is slowly getting adopted. So bitcoin won't die all of a sudden.