Quote from: Abiky on Today at 01:20:23 AM

Quote from: Natalim on July 15, 2022, 01:37:47 PM

Bitcoin is exemptional, can't be compared with these shitcoins. It has been widely talked and it grow fast because of its market potential. The market cap and the influence of these whales making Bitcoin become known globally were rich people, huge investors, and as well as poor people got involved. And to think about the end of Bitcoin is too far away unlike these worthless altcoins.

It may lose its value but that doesn't mean it was a sign of its end.

Exactly. Despite the dip in market prices, Bitcoin is still the #1 cryptocurrency in the world. It will never die as long as there are supporters behind it every step of the way. People got it all wrong when they say "Bitcoin is dead". They're just basing themselves on market prices instead of what matters most (which is mainstream adoption/utility). Believe me, there's more to Bitcoin than meets the eye. Sooner or later, prices will rebound because of the cryptocurrency's finite supply. It's simple economics based on the rules of supply and demand. Unless a technology superior than Blockchain comes up, Bitcoin won't be going anywhere soon. Just my thoughts Grin

In the short term, the bitcoin price will also be affected somewhat by the shitcoin crash, which panics investors leading to panic selling, but it certainly won't last and bitcoin will recover.

Bitcoin is exempt, no matter what the market gets worse for whatever reason bitcoin will be affected but only in the short term. In the long run, nothing can stop bitcoin from rising again, bitcoin collapses only when we no longer support it, no longer needed. But there's no way we're giving it up, people are scrambling to own it.