4 ms·

Isn't Bitcoin dead already?

• celticninja 10y ago
  I think it died twice this week already, it may even be up to its monthly quota.
• dan1234 10y ago
  Currently at $900, so near record high.
• factorialboy 10y ago
  It's a scarce asset. Some say it's value can only rise in the long run. HODL.
• MaximillianII 10y ago
  It has died 119 times as of today. Still alive though. https://99bitcoins.com/bitcoinobituaries/ https://99bitcoins.com/bitcoinobituaries/
  • elastic_church 10y ago
    (this is a sarcasm site btw making fun of headlines everytime the bitcoin price happens to move downward 10+ percent, if you are out of the loop)
• wongarsu 10y ago
  Why would it be dead? There are needs it services better than any other current product, with no serious replacement in sight (except for alternative cryptocurrencies). And at least the black market use case of bitcoin is really hard to replace with a better product. Not because Bitcoin is so great, but because it's politically and legally hard to develop a good product that works in a black market environment.
• ianpurton 10y ago
  As a way to buy coffee. Yes. Dead as a dodo. As an alternative investment, it's very much alive.
• johndevor 10y ago
  No. It's doing very well. https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all https://blockchain.info/charts/n-transactions-excluding-popu...
• hkjgkjy 10y ago
  As dead as BitTorrent and BitMessage. P2P is hard to kill.
• ChemicalWarfare 10y ago
  Bitcoin went from the "hype" stage to the "adoption" (although of the niche kind) stage with a couple of hyped spin-offs such as "blockchain everywhere" so it's less of a hyped up novelty more of a "fact of life" type thing now. Adoption is still niche, there are technical issues to be taken care of and there are "existential" threats based on the uncertain legal implications but by and large both Bitcoin as "currency" and bitcoin as "p2p network" are doing ok as far as I'm concerned.