Thus: Is Bitcoin now "too big to die"? Could this accelerate the volatility reduction we're already witnessing, and finally pave the road to make it a more stable and "solid" asset, and a true gold competitor?
The news predicting Bitcoin's impending death will not end so soon because some of the major sceptics have not changed their stance. Gary Gensler, Peter Schiff, Warren Buffett and others still believe that Bitcoin will die. The press will always publicize statements by these haters to promote FUD.
These names have always had a major significance in the old ways of finance and doing business and this has left them completely out of the world order that is to come, they don’t see themselves having much significance either and as such, they tend to fight the change, remain adamant and don’t wish to agree to the single law of nature that has advanced through time which is “CHANGE”. Well, we all know what happens to things that don’t change, they break!