Is Bitcoin dead?

[davids355]

According to the European Central Bank it is.

https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html

 

[IM Dude]

No, its not dead, not yet. Who knows, it may die if it becomes almost impossible to transact and transfer.

 

[roydan]

The EU already proved once or twice that they are not always aligned with the reality.

 

[awesomewebsites]

I want to hear your opinion OP and do the opposite of what you suggest .


above joke is based on past jokes you made with crypto .

 

[davids355]

No, its not dead, not yet. Who knows, it may die if it becomes almost impossible to transact and transfer.

The EU already proved once or twice that they are not always aligned with the reality.

I want to hear your opinion OP and do the opposite of what you suggest .


above joke is based on past jokes you made with crypto .

My opinion: it has all of the hallmark signs of digital transformation-

Technology being used to the full extent in order to replicate something that already exists in a transitional format.

The biggest names in the space have nothing but negative comments for this “terrible new technology” that does everything more efficiently than they do and which they simply don’t understand.

It slowly takes hold over a period of time without people really noticing until boom- it’s just the new standard.

And as for my opinion distorting the course of Bitcoin; hopefully if I don’t buy any, then it remains immune to my thoughts and opinions.

 

[Linkies]

The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment.

i mean they can say its not a suitable means of investment all they like but that doesn't stop people from getting rich from it

 

[shoaibahmad]

No, its not dead, not yet. Who knows, it may die if it becomes almost impossible to transact and transfer.

you are right......

 

[awesomewebsites]

My opinion: it has all of the hallmark signs of digital transformation-

Technology being used to the full extent in order to replicate something that already exists in a transitional format.

The biggest names in the space have nothing but negative comments for this “terrible new technology” that does everything more efficiently than they do and which they simply don’t understand.

It slowly takes hold over a period of time without people really noticing until boom- it’s just the new standard.

And as for my opinion distorting the course of Bitcoin; hopefully if I don’t buy any, then it remains immune to my thoughts and opinions.

So this means, we should say goodbye to Bitcoins now. lol

 

[Salamouna]

I guess it's time to organize a crypto funeral with blockchain pallbearers and decentralized condolences!

 

[nSnoopy]

The EU already proved once or twice that they are not always aligned with the reality.

Once or twice? More like the majority of time, they do everything they can to "regulate" everything so they can justify their jobs.

Back to the subject, i think bitcoin (or the crypto currencies as we know it) will die the same moment cash dies, which is never.

 

[C63]

Yes, 100%. I'm repeating this over and over: there's no crypto hype returning as if people are eagerly anticipating it. The only way is to make profit to learn technical analyze and start trading.

 

[Gogol]

IMHO it is not dead, but wayyy too overpriced. The blockchain is too costly to do any real life transactions. It’s not useful.

 

[dabz5]

they are just jealous that they can't regulate it. Bitcoin will not go away anytime soon, especially with the amount of money that are into this coin.

 

[alonelywriter]

I would like to see BTC go down 1k$ to believe it is dead. But even at that time I will still buy 1 BTC. Just in case.

 

[JB2302]

BTC might stop growing -- But ETH can Grow a lot.

 

[IM Dude]

So this means, we should say goodbye to Bitcoins now. lol

There 2 fundamental problems here
1 bitcoin is worth as a holding currency like gold or silver, it's not viable as a transactional currency.
2 problem is there's no other crypto that can work as both.
So either these 2 problems get solved or bitcoin dies eventually.

 

[Lukmat]

For transactions you can use ERC20 tokens.
USDT for example. It's fast and cheap


BTC is like gold and silver. You are not paying with that in shops.

 

[Anne-Maree]

no .bitcoin will over 100000 this year

 

[duzst]

This news is pure manipulation

 

[Jave]

Once or twice? More like the majority of time, they do everything they can to "regulate" everything so they can justify their jobs.

Back to the subject, i think bitcoin (or the crypto currencies as we know it) will die the same moment cash dies, which is never.

I love europe but I hate living the EU and their regulations lately, it's really getting out of hand