Quote from: liuqi on September 26, 2018, 11:26:54 PM

Quote from: Impulseboy on September 26, 2018, 06:49:35 PM

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?

The peoples are expecting a new economy so they are all wrongly imagine it will be disappear in future. But real fact all the cryptocurrencies are depends on the Bitcoin support. So once it will disappear automatically crypto technology is disappear in the world. This will be impossible in future because once internet is disappear then only it is possible so I don't take it in my mind.

They will always wrongly imagine things because they have failed to realize in the first place why they are investing in the space and not just for making quick bucks overnight. A lot of them tend to enter a state of depression and frustration because they have chosen to and because they have failed to realize that this is about the future and how decentralization is going to help change a lot of things.

Moreover, since all they care about is joining FOMO or panicking because of a downtrend, and selling at loss, they will always come up with a theory on how the market is disappearing.