Post
Topic
Board Speculation
Re: Why do people keep saying bitcoin is disappearing?
by
el kaka22
on 30/09/2018, 04:39:28 UTC
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 is simply because people always get the wrong pictures whenever the market is in a downtrend and then in such moments, you either hear bitcoin is dead or bitcoin is disappearing. Well, that is how they have chosen to see theirs, so I guess in anyway, you cannot always tell people what to think about an issue.

As some would be seeing that staying positive in what is going on, it is certain you will see those who are seeing the problem in what is going on as well. There will always be two parts to a coin, and which part you want to stick with is generally left to you as an individual. Bitcoin is the need of modern era. If internet and mobile transactions will disappear then the need of bitcoin also will disappear. Bitcoin is going to stay with us until we need digital payments.