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?
People keep saying that bitcoin will extinct soon from its creation time and these kind of news will get spread when there is price drops and now the price of bitcoin dropped more than 60% from its all time but still it is hanging at the good range where miners can make some profits so the bitcoin won't dissaper until the miners stop mining it.