People's feeling towards Bitcoin is changing

[freightjoe]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

[lzby2000]

To this understanding, I think the miners have more say than we do. They know the market best and know the change of the market most keenly. Some problems are right, I think bitcoin can continue to develop, not so before, has been developed to the present?

[freightjoe]

Of course there are problems with Bitcoin and the ways of its operations. But that does not meanniy is a bubble or will soon come to an end

More and more in here are agreeing it is a bubble - and Bitcoin is driven by whatever value people think it has......

Bitcoin is the head of cryptocurrency. So, Bitcoin will continue to chart the way forward.

Stomping your feet on the ground does not lend any credibility to your statements. Myspace was the head of social media. Where are they now?

We all believe that miners are.making a mess of what Bitcoin should be and what Satoshi stated out for it to achieve with their high fees.

So it is all a mess ....

[AT101ET]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

The first point you mentioned is purely speculation and regurgitation. People read something they know little about and then spit it out as if they were experts in the field. Technically speaking you can't attribute a stock/asset to a bubble without it crashing. Until then its purely speculative which has no underlying foundation.

To address the second point I don't think it's necessarily an over-dramatisation but rather just an indicator of how big this scalability issue is. Changes are needed, that's for sure. The only issue is finding a solution that everyone can agree on.

Regarding the having/scams, what's changed recently? The USDT story only broke the news a few hours ago. Hacks/scams are more dependent on the users. If you know what you're doing and exercise caution then you coins would be safe. It's more about personal responsibility than anything else...

[allthingsluxury]

Bitcoin as it has had since the beginning is going to have its up and down's. I've seen this numerous times already. At least three major cycles.

[GazorpPozorpec]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

Do you think that these changes in the mood of the people will entail fall in prices? I personally think that yes.

[Kprawn]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

What Bubble? We have been hearing this with every price spike and it always recovers to record high levels. I wish people

could get it through their thick skulls that Bitcoin is based on global Supply & Demand. Yes, there are massive speculation and

there are market manipulation... but when you look at the long-term, then the price gradually goes up. {Short-term

volatility should be ignored}

~ The miners fees is a non-issue, because miners will always follow the most profitable fork.

~ A centralized HACK {Tether} has nothing to do with Bitcoin. The Core developers of Bitcoin did not write the software

  for these services.  

[Opquar]

It looks to me like you are confusing people's feelings changing over them acknowledging that bitcoin has flaws. Bitcoin does have flaws, and most users are more than happy to admit it.

[scottykarate]

I see no change in what has been said for weeks or more. You have 0 observation ability.

[Xester]

People will always have different opinions with bitcoins.  And most of the time it is due to different opinions or just in experiences.  The call is still yours no matter what and whatever people tells you what should and should not do.  In the  end it is our own life and deciding is still on us.  You could use other opinion as a guide.

[teilwalL05]

OP should research more about bitcoin we can see the big leap of bitcoin and about 3 to 4 weeks the price keeps on moving upward and nothing had ever done to let a bubble burst even the so much FUD keeping on trowing at it it still keeps soaring high, even if there are a market manipulation you can definitely see that bitcoin still heading beyond our expectation, we can sure see a correction after this but bitcoin will not drop to non existence.

[evilgreed]

It looks to me like you are confusing people's feelings changing over them acknowledging that bitcoin has flaws. Bitcoin does have flaws, and most users are more than happy to admit it.

             We share different opinions, point of views and experiences towards bitcoin. I agree to your point, and somehow most people who have bitcoin from way back years ago, are more contented amd happy to have it, but it doesn't also changed the fact that most of the people are somewhat down or regretful for not believing it for the past years that had passed.

[AmXProX]

I don't think that miners had something to do with the increase on transaction fees. It is the traffic for the transaction. If you are going to check bitcoin transaction fees you always have an option to pay less but it will take longer. There are times that even a transaction for 1 satoshi/ byte will must take minutes to be confirmed.

A lot negative speculation against bitcoin came up after the hard fork for segwit2x was cancelled, mostly about the transaction fees.

[Erkallys]

There is indeed a problem concerning the transactions cost and time to be processed. This has however nothing to do with miners, the blocks are just full nothing more. But this is not new at all.

However, the fact that we are a bubble seems less consensual to me. Price increased a lot more by August, and time proved it is just organic growth. It is about the same for now.

[freightjoe]

Technically speaking you can't attribute a stock/asset to a bubble without it crashing. Until then its purely speculative which has no underlying foundation.

That is the very definition of stupid. You can't say something is in a bubble until after the the bubble has burst? By your words no-one should therefore ever fear a bubble in anything because nothing is a bubble until after the fact. Can't you see yourself how silly your position is on this?

To address the second point I don't think it's necessarily an over-dramatisation but rather just an indicator of how big this scalability issue is. Changes are needed, that's for sure. The only issue is finding a solution that everyone can agree on.

A fundamental problem in Bitcoin. All agree there is a big problem, but no-one can agree on actually doing anything about it - because part of the community makes good money from the flaw. This will never get fixed.

[scottykarate]

Technically speaking you can't attribute a stock/asset to a bubble without it crashing. Until then its purely speculative which has no underlying foundation.

That is the very definition of stupid. You can't say something is in a bubble until after the the bubble has burst? By your words no-one should therefore ever fear a bubble in anything because nothing is a bubble until after the fact. Can't you see yourself how silly your position is on this?

To address the second point I don't think it's necessarily an over-dramatisation but rather just an indicator of how big this scalability issue is. Changes are needed, that's for sure. The only issue is finding a solution that everyone can agree on.

A fundamental problem in Bitcoin. All agree there is a big problem, but no-one can agree on actually doing anything about it - because part of the community makes good money from the flaw. This will never get fixed.

You're ignoring  Lightning network, Schnorr Signatures, etc., that many others have pointed out.

[freightjoe]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

Do you think that these changes in the mood of the people will entail fall in prices? I personally think that yes.

I agree

[Dudeperfect]

Nothing to worry as these are temporary issues and I am sure that in the coming years we will have the concrete solutions for these issues. Yes, there is mixed opinion about Bitcoin and blockchain based cryptocurrencies but while focusing on positive part, the situation was worst 3 years ago and the half of the people who were calling it a bubble or Ponzi scheme are now getting involved with the Bitcoin and the perception is slowly changing so I don't see this as a big trouble.

[pawanjain]

It must be obvious to see issues in Bitcoin transactions. The more crowd joins a community the more issues it has to face.
Bitcoin has been facing quite a lot of problems now as many people have started using it. The only way to stop all these issues is by regulating the use of Bitcoin. Many countries have started regulating BTC because it has many issues in it and is less secure to the users.
So regulating BTC and implementing the same rules for everybody might be able to solve the issues.

[Shendy23]

It is really depend on the people how they will react on it. Because as of my own though and reasoning. When the bitcoin price goes down some people will sell immediately there investment for they thought bitcoin will be gone some will not and hold there bitcoin. Im sure for those who still believe in bitcoin has lots of profit now. haha

[Iranus]

Technically speaking you can't attribute a stock/asset to a bubble without it crashing. Until then its purely speculative which has no underlying foundation.

That is the very definition of stupid. You can't say something is in a bubble until after the the bubble has burst?

You can say it, but you can't say it with certainty.  I agree that BTC is in a bubble, but you also can't know that in as irritating a manner as you do.

A fundamental problem in Bitcoin. All agree there is a big problem, but no-one can agree on actually doing anything about it - because part of the community makes good money from the flaw.

It's an important security mechanism.  BTC prides itself on allowing people financial sovereignty.  If there was a problem major enough for people to begin leaving - for there to be a panic - consensus would naturally have to form.

For example, in 2010 (before the code was widely checked, as there were not many users at all), there was an overflow bug.  Everyone quickly forked to a new chain in which the problem had not occurred, and their funds were safe.

That's the magic of decentralised consensus.

[bhabygrim]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

There are a lot of different opinions regarding bitcoin. Some think that bitcoin is bad and some find bitcoin convenient and profitable. We ahould just respect other's opinion regarding bitoin because each of us has different views on bitcoin.

[HasHe]

The problems OP has mentioned are not new,already they have been in existence.But we should also not forget that despite these problems,bitcoin is progressing day by day.Miners send fake transactions to make bitcoin transactions to get stuck,but they are just a temporary issue.Regarding scams,users should be careful to avoid such things and should not blame bitcoin.

[senin]

People's opinion about bitcoin really changes and it's natural. People start to get annoyed by the fact that the bitcoin command does not eliminate its shortcomings for such a long time, such as a long transaction time and its high commission value. Instead, clones are created, supposedly designed to eliminate these shortcomings. This causes a certain confusion: bitcoin cash, bitcoin gold, bitcoin diamond ...

[dawoodkhan97]

Let me tell you my story:
A year ago when bitcoin was at $750, I told my relatives
about bitcoin and how it had potential of going up to $5000
or more and all I got from them was that it was a scam and
it had no technology etc.

Fast forwarding and now almost everyone of them ask about
bitcoin and if it is safe to invest in it or other cryptocurrencies.

The irony...

[qxo35]

I think that the biggest change is in the public opinion about bitcoin. All uneducated people are saying that bitcoin is only a bubble but at same time the same people are asking me where to buy bitcoin or better to say, they are asking me to buy them bitcoin because they all think they can earn a lot of money with it in a really easy way. So the public opinion si quite contradictorial cos they are against bitcoin but at same time they want to earn with it.

[digitalgame4life]

It surely is changing, just read that real estate companies are beginning to use bitcoin as payment for houses and renting houses or appartments, it is going towards a very good direction, I wonder where bitcoin will be in the coming years, looks very bright!

[romec1701]

Crypto currency is here to stay. No doubt about this. But for it to really thrive and become more mainstream, in my opinion, bitcoin itself needs to die. Or at least change substantially until it doesn't really reflect what it has become.

Miners are too powerful.
Mining takes up too much energy.
Transaction fees are too high for fast and multiple confirmations.
BTC/FIAT exchange rates are way too volatile.
Scamming/phishing/hacking is too commonplace.
The system is far too unforgiving (lost passwords, mistyping addresses all lead to lost coins with no recourse.)

Bitcoin it self has become a classic ponzi scheme with value rising due to the greater fool theory (where its is not determined by its intrinsic value, but rather by the irrational expectations of market participants who believe that another party is willing to pay an even higher price than they paid.) The higher prices being paid are predominantly by new/new-ish entrants into the market as older market participants that mined or purchased in the early days already hold their value.

It is not a currency in the traditional sense (too volatile FX rates, transaction fees too high for fast and multiple confirmations), and it has strayed from its original purpose of decentralising money (miners have too much power and it is impossible for the average person to participate due to the incredibly high cost of entry for the business).

It is not a particularly good store of value. It is very secure, but both volatility of the value and the extremely unforgiving nature of the system (wallets, encryption) paralleled with the high incidence of fraud and scamming mean it is too easy for people to lose their assets.

But honestly I cant see bitcoin dying as it is too powerful and so many of the participants have incredible value locked away and have a massive incentive to keep it alive. But if it doesn't I cant see cryptocurrency becoming truly mainstream.

[ZaraArun]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

But then this division in opinion has always existed, hasn't it.. now that BTC has touched all time highs every banker is trying to take a swing at it..
That reminds me who are these people bad mouthing BTC.. The Bankers of course.. and isn't it obvious why!
who else.. the ones that would generally bad mouth anything that they do not use and understand.. .
About the mining cost and transaction costs, there are solutions available, not implemented on the BTC blockchain but when it becomes a need it will be ..

[Chachacoin17]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

But then this division in opinion has always existed, hasn't it.. now that BTC has touched all time highs every banker is trying to take a swing at it..
That reminds me who are these people bad mouthing BTC.. The Bankers of course.. and isn't it obvious why!
who else.. the ones that would generally bad mouth anything that they do not use and understand.. .
About the mining cost and transaction costs, there are solutions available, not implemented on the BTC blockchain but when it becomes a need it will be ..

bitcoin today is really amazing the peole will also change basically because of the bitcoin bitcoin is really profitable and it is really rising each day amybe some people will had a great feeling that it can make everybody rich if we really focus on it bitcoin today is becoming more popular than yesterday because it really had a good feedback in all investors and it can really make them feeling comfortable in a financial terms .

[guesswhat]

Nothing to worry as these are temporary issues and I am sure that in the coming years we will have the concrete solutions for these issues. Yes, there is mixed opinion about Bitcoin and blockchain based cryptocurrencies but while focusing on positive part, the situation was worst 3 years ago and the half of the people who were calling it a bubble or Ponzi scheme are now getting involved with the Bitcoin and the perception is slowly changing so I don't see this as a big trouble.

I also think the same thing, the transaction speed problems can be solved with new implementations on the blockchain. Transaction fee problem can also be solved by the system coding. The real problem, bitcoin is not a bubble, but others should understand this before it's too late for them.

[Freegan]

The issue of bitcoin has undoubtedly become very controversial. Personally, I have heard comments in both senses, but to be honest I hear more negative comments than positive ones, but this does not surprise me at all, since whenever an innovation with enough potential to modify the rules of the game emerges, it is natural that the opposition arises.

[ipanks]

i think bitcoin is not changing and will still be bitcoin. i see there is many people now join into bitcoin and one of them have big money and i see they build community to be one big group to support them. from this, we can see that there is people that want to controlling bitcoin because if there is many big group with huge money, they have their own purpose and wants to do their plan to control bitcoin.

the problem with bitcoin will resolve and its only temporary. if people's feeling about bitcoin is changing then we don't need to get affect because bitcoin is something that we manage by ourselves and people can not interfere our decision. let them talk anything about bitcoin and we should stay with our purpose in crypto currency world.

[shahead720]

It's a rare that Bitcoin is a bubble or become a scam. we must know about  cryptocurrency and Bitcoin activities .So, Bitcoin will continue to chart the way forward and will never be a bubble. I think Bitcoin should be more listen to transactions. Transaction speed & fees these should be also more comfortable .here my opinion.
Wish the best.Good luck!!

[goaldigger]

Some people that is easily get nervous on the news or post they have read on this talk are getting panic about how they trade. Some people keep saying that the bitcoin is dead well in fact it regains its price now. Maybe they are still affected on the last weeks pump down.

[freightjoe]

Let me tell you my story:
A year ago when bitcoin was at $750, I told my relatives
about bitcoin and how it had potential of going up to $5000
or more and all I got from them was that it was a scam and
it had no technology etc.

Fast forwarding and now almost everyone of them ask about
bitcoin and if it is safe to invest in it or other cryptocurrencies.

The irony...

So basically you went to the casino and bet everything on red. Now you have won 3 times and have therefore doubled your value 3 times. And you use this to tell your friend that "betting on red" is always a good and profitable strategy.....

[Nilda]

When you start buying pizza for people in the office and just recently bought an iPhone X, impression changed dramatically. LOL

[freightjoe]

When you start buying pizza for people in the office and just recently bought an iPhone X, impression changed dramatically. LOL

So now the impression is of a person who first got lucky at the roulette, and are now pissing the winnings away. Great impression to make.....

[Kakmakr]

I would not be too worried about the odd shit poster or shill, trolling the forum with fud. Most of the threads are positive and we also see a increase in threads related to price and buying bitcoins in the newbie section. A lot of the people mistake volatility with bubbles and we are quite used to that.

The fees are only a issue if you are not using SegWit addresses for your transactions. ^smile^ < The people trying to sabotage Bitcoin, focus their attention on non-SegWit transactinos, because it is cheaper to spam that >

[freightjoe]

A lot of the people mistake volatility with bubbles 

That is true. They mistakenly think it is just volatility, where in reality it is a bubble.

[best ever]

Probably many people change their attitude towards Bitcoin as they understand now it is extremely difficult to mine for this cryptocurrency. Transactions also became slower, but still BTC is the greatest crypto giving all of us freedom. Investing in it is very profitable.

[Shishir99]

Yeah i agree with you.
Cryptocurrency world is heading for centralization which no one wants.
Giant companies are taking control and manipulation happening all time.
Miners are controlling lots of aspects of a coin.
We are seeing fork regularly which is very bad in my opinion.
We want bitcoin to remain king and decentralized.

[speedware01]

Nothing to worry as these are temporary issues and I am sure that in the coming years we will have the concrete solutions for these issues. Yes, there is mixed opinion about Bitcoin and blockchain based cryptocurrencies but while focusing on positive part, the situation was worst 3 years ago and the half of the people who were calling it a bubble or Ponzi scheme are now getting involved with the Bitcoin and the perception is slowly changing so I don't see this as a big trouble.

I agree with this

[randomguybrowsing]

I believe that the rate of the rise of Bitcoin price is unsustained. There might be corrections, possibly BIG corrections, but in the end, I guess it will come back.

[Yakamoto]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

There is no tide turning, really. Just people coming to terms with reality and seeing there are issues present which are posing issues to the success of Bitcoin in the long run. If these same issues did not exist you would see everyone as excited and "normal" as ever, despite whatever issues might still be within the community or blockchain. A bubble is bad because it means you now really have to worry about your investments being involved in a flash-crash should it pop, transaction fees being high hurt everyone, and losing money due to hacking scams is an increasing issue which might become detrimental if said hackers seek to get more involved with the Bitcoin community.

[orions.belt19]

Nothing to worry as these are temporary issues and I am sure that in the coming years we will have the concrete solutions for these issues. Yes, there is mixed opinion about Bitcoin and blockchain based cryptocurrencies but while focusing on positive part, the situation was worst 3 years ago and the half of the people who were calling it a bubble or Ponzi scheme are now getting involved with the Bitcoin and the perception is slowly changing so I don't see this as a big trouble.

I must agree. People or news like these pop up every now and then, and so far the tide hasn't turned completely. It would die down then reappear every now and then. People will always have something negative or bad to say about bitcoin even when it's at its peak or performing very well. There will always be some haters out there who will try to bring bitcoin down.

Also, it's quite possible that these are just FUDs. The recent price increase may brought others to want to lower to price, thus creating such FUDs.

[bitllionaire]

I believe that the rate of the rise of Bitcoin price is unsustained. There might be corrections, possibly BIG corrections, but in the end, I guess it will come back.

in fact people are now becoming mature therefore they are now changing their thinking about bitcoin. In very beginning people were not interested in bitcoin but when they realize the importance of bitcoin they are now taking more interest there. My own friends in very beginning were not interested in bitcoin but later on when they realize bitcoin importance then they really start investing money in bitcoin.

[farhaan]

If people lose their money due to lots of hacking scam projects,bitcoin could not be blamed for that.

The tide seems clearly not to be turning.

Bitcoin's price suring towards new heights only could be a best answer to OP's allegations against bitcoin.

Its sad time for blamers of bitcoin and altcoin promoters since they could not make people sell away their bitcoins.

[Dudeperfect]

Nothing to worry as these are temporary issues and I am sure that in the coming years we will have the concrete solutions for these issues. Yes, there is mixed opinion about Bitcoin and blockchain based cryptocurrencies but while focusing on positive part, the situation was worst 3 years ago and the half of the people who were calling it a bubble or Ponzi scheme are now getting involved with the Bitcoin and the perception is slowly changing so I don't see this as a big trouble.

I must agree. People or news like these pop up every now and then, and so far the tide hasn't turned completely. It would die down then reappear every now and then. People will always have something negative or bad to say about bitcoin even when it's at its peak or performing very well. There will always be some haters out there who will try to bring bitcoin down.

Also, it's quite possible that these are just FUDs. The recent price increase may brought others to want to lower to price, thus creating such FUDs.

That's my own experience, I have some friends to whom I told about Bitcoin couple of years ago but they never showed interest in it at that time and started accusing it on baseless assumptions because someone told them that it is kind of MLM scheme. However, the couple of them started investing in it since last rally (post fork rally) when I told them with the people who earned by clever trading in that period. It was difficult to explain them about everything from the basic level starting from the difference between the public address and a private key.

[bozo333]

Bitcoin change my life it good opportunity for the future growth and improve your life. Bitcoin is future transaction process. it will helpful to use all country and any where. It will gather more information and improve knowledge. it will give to more opportunity for the life change.

[AliVul]

People's feelings are in principle non-predictable, especially feeling towards progress products.

[Ronaldcoin2017]

Bitcoin change my life it good opportunity for the future growth and improve your life. Bitcoin is future transaction process. it will helpful to use all country and any where. It will gather more information and improve knowledge. it will give to more opportunity for the life change.

I believe that feeling of a person change depending on the potential growth of the bitcoin that was really rising even in a single day .I believe tbe popularity of bitcoin really continue on the near future or maybe in a decade because of the profit that it give in returns to the believer the feeling of overwelmed because of this bitcoin profit may give a hope to the ordinary people which really live on a simple way of living and the feeling of joy occur.Bitcoin is a hope or maybe a blessing to be share to anyone all around the globe it is really amazing.

[wihrn]

Of course there are problems with Bitcoin and the ways of its operations. But that does not meanniy is a bubble or will soon come to an end or become a scam. In case you didn't know, cryptocurrency has come to stay. Bitcoin is the head of cryptocurrency. So, Bitcoin will continue to chart the way forward and will never be a bubble. We all believe that miners are.making a mess of what Bitcoin should be and what Satoshi stated out for it to achieve with their high fees. Bitcoin should be a peer-to-peer version of electronic cash with seamless flow of transactions. Transaction fees is killing the joy of Bitcoin now.

totally agree, problems of a currency does not mean it is making a new bubble.

[jabfly]

This is also true. These days, aside from the ads and endorsements in social media networks it seems that people are actually researching more on bitcoins the moment they found out how profitable it is.

[sugihe]

Bubble is true since the price is fluctuating and make very high price in just few days.
And also thing you mentioned is true but its not change all of people thought and it just small thing and change mind of few people.

[stripykitteh]

There has been an interesting change over the last few days.

A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:

- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams

The tide clearly seems to be turning

What do you expect when there is much more coins being held by the people with various Bitcoin wallets? The price is going to be everywhere.

[danielcansil]

no, bitcoin is still not changing most of people mind, they just see bitcoin as a new digital money that can help them have huge profit but they scare to invest because the dont know much about bitcoin and afraid they may loose money when invest in bitcoin without any knowledge.

[hkdfgkdf]

I think the main factor that made people's feelings toward bitcoins change is its continuous increasing of its price. People regret that they didn't invest when the time the bitcoin had low price. Another maybe because they find out that many people earn a lot with bitcoins. People having accusations with bitcoins, I think haven't tried exploring and experiencing the market or world of cryptocurrency.

[ajmapalo22]

You cannot blame people of course they base much of their beliefs on how bitcoin move, when an instant increase takes place some believe it's a bubble other says it is a price correction that will continue in the future, some of them were right others just give an speculations but its their right, if they suddenly change their minds towards bitcoin it's up to them just know where you would like to stand.

[enterprevic1]

I think there feelings are changing because of the way bitcoin price has been increasing since this year began.. People are beginning to reconsider

[stellgod]

I think the main factor that made people's feelings toward bitcoins change is its continuous increasing of its price. People regret that they didn't invest when the time the bitcoin had low price. Another maybe because they find out that many people earn a lot with bitcoins. People having accusations with bitcoins, I think haven't tried exploring and experiencing the market or world of cryptocurrency.

Price and the potential of deliverance of profit to the investor end Is making people crazy about bitcoin and it is just the beginning the journey of bitcoin is so long and it will not take a lot of time to be among the people now people want to earn more than the buying thing and they are joining campaigns and all this is the best thing and the more chances will be given and flat will be wiped out and will be in history.