We all got used to these news:
December 15, 2010 – Why Bitcoin can’t be a currency
January 24, 2022 – Bitcoin is just a crappy tech stock
According to the media, after every price drop "Bitcoin is dead?"
And experienced investors, holders got used to it. It happened many times before.
It is simple, articles like this are pure clickbaits.
They want you to read those stuff, they want you to click on it and they want you to think they are smarter then you and then give you some facts why Bitcoin is dead - meaning all crypto is dead because we know that market is driven for now by Bitcoin ups and downs.
Bitcoin is still valuable twice as much as it was just a couple years ago. For people who are in crypto market for a long time, these kinds of ups and downs are nothing new.
For example, do you really think that people who mine Bitcoin will sell it at loss considering their electricity bills that they have to pay doing so?
Do you think that 10th ranked asset by market cap will dissapear just like that?
Do you think that this kind of technology will just vanish?
I know you don't.
Do you know what it means that Bitcoin is dead? It means that the price will be 0 and there will be no trading volume.
I saw a lot of people are getting frustrated by these news. Just ignore them. Let them write as much as they want.
In case you did not know, Bitcoin died more then 400 times so far (actually I believe that the number is much, much higher).
Here is the data I found on one website.
F them and their news. All they want is sensationalism. That is it. Good luck investing.
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