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Author Topic: Is there still future for growth in bitcoin and crypto?  (Read 271 times)
Oceat
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December 01, 2022, 11:55:16 PM
 #21

Well, most people are likely suffering from losses before that's why we can't blame them to be like that way or they were clearly believing from the what the others been saying that Bitcoin is a bubble/scam that's why most of them would invest during the bull run but don't know when to exit to get a profit. They were just inexperience in this market that's why.

But if you are here for a long time in this market you would probably know why Bitcoin is acting this way and everything about it was recorded online. Although, there are people who doesn't know how to look at the market chart that's why most them get panicked or simply they just don't do their own research when investing something especially in Bitcoin.

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palle11
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December 01, 2022, 11:58:43 PM
 #22


Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?


I think IMO that institutional investors are even the reason that the price of bitcoin is still holding strong to this time without falling deep as it is speculated because they are not dumping but are hodling despite the negative information on the media but the technology is well understood by the institutional hodlers. Back around four years ago, majority of bitcoin was in the hands of pocket investors or individual investors who only buy few but currently, even exchanges invest in bitcoin.
Apocollapse
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December 02, 2022, 02:57:36 AM
 #23

There's no future for crypto since every year there's always many coins become dead coin since the owner scammed their investors and it keep repeating for every years, which mean if you invest your money on crypto, there's a big chance you will get scammed regardless any other market situation like bear market or bull market.

While Bitcoin has a bright future since Bitcoin has been exist since 14 years ago and still keep developing until now, there's no coin can compete Bitcoin about the decentralization and you could achieve 100% anonymous with Bitcoin.

Darker45
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December 02, 2022, 03:29:19 AM
 #24

I guess there are adoption fluctuations along the way. It can't be avoided. Bitcoin's price reacts to news and the conditions of the bigger crypto market. While Bitcoin's fundamentals remain as is, the public's perception could change. Outlooks could turn bullish to bearish, to bullish again, and so on. So when a huge crypto player in the market like FTX crumbles down unexpectedly, Bitcoin's adoption is certainly affected. Even those whose belief and trust in Bitcoin's fundamentals are always solid will have to take actions of their funds according to arising possibilities.

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libert19
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December 02, 2022, 03:38:54 AM
 #25

Every market cycle is that, at $60k BTC people talked about few hundred $k BTC, when it goes down exact opposite happens despite being a lot more room of growth.

Sometime later people will talk about why did I not buy BTC this time.

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2stout
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December 04, 2022, 07:22:41 AM
 #26

There absolutely is future growth in Bitcoin and crypto.  It seems during these bear or crypto winters that these same questions repeat themselves, but when it's over the praises of Bitcoin and crypto are sung loudly again, even more so.  There will also be a future for Bitcoin and crypto as long as fiat is around, and this isn't going anywhere anytime soon.
Daniel91
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December 04, 2022, 07:59:06 AM
 #27

In fact, if you follow the crypto market, bitcoin and altcoin fall and rise all the time, and it is possible to make a profit on the crypto market every day.
In the long term, bitcoin has always had big ups and downs and these are normal cycles in the crypto market.
I still remember my friends laughing at me when btc fell from its peak of 19k in 2017 to less than 5k a year later.
I didn't get excited about it because I knew the trend would reverse and it did when btc rose to 69k.
Now we have a downward trend again and btc fell to 16k, but that cycle will also reverse, you just have to be patient and wait.
Yes, there is a future for bitcoin and crypto, don't worry  Grin

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songjiajia
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December 05, 2022, 06:42:34 AM
 #28

There's no future for crypto since every year there's always many coins become dead coin since the owner scammed their investors and it keep repeating for every years, which mean if you invest your money on crypto, there's a big chance you will get scammed regardless any other market situation like bear market or bull market.

While Bitcoin has a bright future since Bitcoin has been exist since 14 years ago and still keep developing until now, there's no coin can compete Bitcoin about the decentralization and you could achieve 100% anonymous with Bitcoin.
Many celebrities and billionaires have invested heavily in Bitcoin. We can distrust the character of these rich people, but we cannot disbelieve the vision of these rich people. Despite 13 years of development, Bitcoin is still in its early days. Digital currency is not a pure scam. Bitcoin is supported by the underlying technology of the blockchain. If it can be used as a means of payment and transaction, and can provide me with faster and more convenient tools, I am still full of unlimited expectations for the future of cryptocurrency.
Getmon
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December 07, 2022, 07:45:50 AM
 #29

The ones speaking negatively about bitcoin are newcomers and those who lack information and understanding of it. The brief decline in the price of bitcoin has no impact and is unrelated to the technology it provides. Bitcoin technology continues to remain secure and its recognition will keep expanding. 

The price will shortly rise again. There is a cycle. The market can not always be positive. Some investors will withdraw their gains and reinvest when the price declines. We can keep holding because, based on its historical pricing, it always returns and will increase further.

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