Worried about btc future

[dear53]

I feel always safe with bitcoin but recently bitcoin going to very low in e very few days.All the members who invest in bitcoin are very afraid with this situation.We are very hopeful that very soon bitcoin price will increase as soon as possible.

[Ka4Rt4]

there is nothing to worry about always keep thinking optimistic, bitcoin may be currently unstable, but I am sure someday bitcoin will be much better. I believe the extraordinary bitcoin surprises for the future will prove and I can feel.

[kimochidesh]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Your concerns are quite reasonable to consider as High transaction fees and long confirmation hours are being a limitation for the growth of Bitcoin. Now as far as hard forks are concern, I consider it another altcoin. so there is no threat from hard forks to bitcoin. Let's see how investors react to this in future.

[A L I E N]

I no longer worry about the future of bitcoin,i strongly believe now that when ever there is a big dip a  big raise await Bitcoin and investors goes home with huge profit

I just hope for the soon end of this great dip. Being a holder of Bitcoin, I surely worry about its future and the price it will achieve. Just watch this recent video about BTC freefall and make your own conclusions: https://www.youtube.com/watch?v=IQPHIVV8icc

[rhenrhen]

To be honest, I am a bit worried about Bitcoin. Its price really dropped and so wiht other altcoins. But at the back of my mind, Bitcoin has proven so much that many could say it will dominate in the future.

[tera do]

What worries me about the future of bitcoin is that governments are forbidding the use of bitcoins and making their users unprofitable, bitcoin will still exist but will not be accepted.

[amwer]

"The futures reduce the frictions of going short more than they do of going long, so it's probably net bearish," said Craig Pirrong, a business professor at the University of Houston. "Having this instrument that makes it easier to short might keep the bitcoin price a little closer to reality."

[shaheer001]

On October 17, 2017, 12:41:26 AM zaphyr (post originator) was worry about BTC price and its future and every one has watched the Bitcoin huge growth in December but unfortunately due to some bad news again market go down and today same question again every mind repeat and some are sharing in forum. so i again say that you will see these type of surges and fluctuations in Bitcoin price. just be patient, hold and wait for good moments.

[bhabygrim]

I am only worried that in our country bitcoin would be banned and the bitcoin user's in my country couldn't withdraw their money.
But I think other than that there isn't anything to be worried about when it comes in bitcoin .

[vanderveld]

In my opinion bitcoin will still remain the strongest coin above all. But this year, the markets has dominated by alt coins, its normal because many people invest in altcoin in order to get a lot of money. Wait see that someday will become balanced.

[Diniil]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Your concerns are quite reasonable to consider as High transaction fees and long confirmation hours are being a limitation for the growth of Bitcoin. Now as far as hard forks are concern, I consider it another altcoin. so there is no threat from hard forks to bitcoin. Let's see how investors react to this in future.

Investors are now afraid of not a large Commission and slow speeds, and the price of bitcoin. The price can fall several times very quickly. This is the main fear for the investor.

[Dreamr]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

With your second point:

It seems like more people regardless of the amount of splits end up depending on Bitcoin anyway. We can tell this by the amount of people who quickly dumped their Bitcoin cash instantly to get more Bitcoin. Furthermore, the support of the splits aren't as widespread as the support of Bitcoin itself.

Switching to ETH will be the biggest mistake you can make, because it is based on fraudulent practices, like pre-mined coins and a centralized circle of founders, who received coins prior to the release of the coin. These Founders have the key to the gates and 100% control over the development.

Hard forks in Bitcoin are part of a open consensus model, so it is no threat to Bitcoin. It was developed like this to give users of this coin the power to determine it's future. < No central authority will make that decision > 

Most of the free coins after these forks are sold and those people then buy more legacy bitcoins. So it inject new capital into Bitcoin again. < taking it away from the supporters of these failing forks and dumping it into Bitcoin original >   

There is only one guy that can think like this, Roger Ver. The bitcoin hard forks will never harm the original bitcoin for long as we saw it last year. It may only attract more buyers to bitcoin which may help boost the bitcoin price.   

[jacksonxw]

I think it's not BTC  will colapse, just because we in a big correction after growing too fast in 2017!

[Cryptolord55]

Since everything is uncertain, people may think that bitcoin may be a risk they are entering into--but they are wrong, in fact bitcoin is a great investment to those who want to grow their money bigger and bigger as time goes by. People tend to use it as a tool for success. One should not be worried regarding the capability of bitcoin to emerge as days go by. It will flourish and you should not be threatened of the news you read or hear from the internet. Bitcoin is a sure win investment.

[tekimebounty]

Dont need to worry about btc future. That is normal in crypto economy that sometimes higher price then it drop but it will rise again im sure.

[ljm8888]

In the current situation, your worry is superfluous. Bitcoin has the present position, not a few people or small teams can shake it. If the bitcoin is shaken, then the digital currency may have disappeared. Bitcoin is based on people's cognition. As long as someone has not abandoned bitcoin, it will always be the first in the digital currency. Don't worry about it.

[Andika23]

I'm not worried about bitcoin because bitcoin has a good future. I'm sure bitcoin 5 years ahead will be more advanced. I never worry if bitcoin price goes down

[altercreed]

I think it's not BTC  will colapse, just because we in a big correction after growing too fast in 2017!

They can spread FUD as much as they like but there's nothing can stop bitcoin now. I believe bitcoin has a bright future and last year is the threshold of its journey to 100,000$ price in the next few years.

[P60]

I'm not worried about bitcoin because bitcoin has a good future. I'm sure bitcoin 5 years ahead will be more advanced. I never worry if bitcoin price goes down

As what I can see, Bitcoin is becoming popular and powerful so I have nothing to worry. The price may be dropping to day, but eventually it will rise again just like before.

[hynext]

Nothing to worry because bitcoin has volatile and that's one of the good and bad. The good one is rising, all of us are happy if keeps rising and the bad one is prices falling down, we are worrying a lot but cryptocurrency are not stable.