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?
What will be the reason for bitcoin to disappear as this is the leading cryptocurrency with a huge volume everyday? I think those people are not the real investors that really understand the nature of volatility. Only those weak hands will get panic in every dumps of cryptomarket as this is just normal in a speculative investment. Every dumps will give us the opportunity to buy bitcoin at lower price as not as always this will happen.