Is the current market situation good for bitcoin?

[pascal257]

On the one hand, many people are hearing about Bitcoin for the first time due to media coverage.
But on the other hand, they might be scared away because of the current market situation.

What do you think?

[yayayo]

On the one hand, many people are hearing about Bitcoin for the first time due to media coverage.
But on the other hand, they might be scared away because of the current market situation.

What do you think?

Some are scared, other are not.

Those that are scared today may come back later.

Free market is a good thing even if it does not make everybody happy all the time.


ya.ya.yo!

[SusanaMenor23]

no one knows, bitcoin is based purely on speculation

[cspalmer2]

yes i agree

[yayayo]

no one knows, bitcoin is based purely on speculation

I don't think so, it already has some uses.

There was a bubble for sure. But that's because of some media hype.
It will calm down and develop. imho


ya.ya.yo!

[montdidier]

Well I think if it survives this current media heat and comes out the end without being too scathed, it will actually be in really good position to grow and be accepted more widely.

[Kilogram]

I first heard about the Bitcoin when it was launched.  The fact that it is still around is why I came running to it last week.

[daemondazz]

I first heard about the Bitcoin when it was launched.  The fact that it is still around is why I came running to it last week.

Same here.