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Author Topic: Is bitcoin loses its popularity ?  (Read 5002 times)
Kanda Yu
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March 08, 2018, 03:27:44 PM
 #1061

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
Bitcoin has gained its popularity for a long time and all of its hardships really paid of after all these years. Everybody was doubting its capability at the beginning but as years passes by, it showed its true color by making it to the top and dominating for a long time up until now. It would take a long while to bring bitcoin down and I think its popularity will continue to increase as new cryptocurrencies arise behind its fame.

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Javathon
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March 08, 2018, 03:33:36 PM
 #1062

I dont think so , because bitcoin is bitcoin sir , because it is a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don't know or don't trust. bitcoin is still popular and the popularity is spread all over the countries. Because most of people choose btc in terms of investment and money can be exchanged without being linked to a real identity.

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March 08, 2018, 03:36:23 PM
 #1063

Most often Altcoins are buying to protect themselves from possible problems in Bitcoin. In the Bitcoin network, there may one day come a catastrophic failure, which is not affected by altcoyins.
Prospects for using altcoyins in the future are significantly higher than those of Bitcoin, due to which one of the altcoins may sooner or later replace Bitcoin.

Karakyli
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March 08, 2018, 03:39:58 PM
 #1064

Even if Bitcoin remains the most valuable crypto currency, altcoyins will still find a place, and they will be able to occupy their niche, so, perhaps, investments in them make some sense.

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March 08, 2018, 03:44:39 PM
 #1065

Bitcoin is already ahead of all on the circle, with a great advantage, given its ecosystem and resources. There are two factors that help Bitcoin achieve success: stability and entrepreneurship. To date, for both of these indicators, Bitcoin is far ahead of any altcoyin, and it will be very difficult to catch up with it.

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March 08, 2018, 03:48:05 PM
 #1066

I do not want to say that investments in altcoyin are useless. Each investor must himself assess the risk-profit ratio and decide whether or not a particular coin is suitable for him. It's clear that altcoyins will not protect you in the event of Bitcoin's collapse. Altcoins are subject to the same risks, and a large share of the potential profit goes to Bitcoin.

Abigail Black
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March 08, 2018, 03:51:29 PM
 #1067

Undoubtedly, there is a possibility that some altcoyne will take the place of Bitcoin, but first it should show its profitability, it must develop independently to compete before the Bitcoin ecosystem has a chance to add the same function.
Cloud_miner
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March 08, 2018, 03:51:45 PM
 #1068

I do not want to say that investments in altcoyin are useless. Each investor must himself assess the risk-profit ratio and decide whether or not a particular coin is suitable for him. It's clear that altcoyins will not protect you in the event of Bitcoin's collapse. Altcoins are subject to the same risks, and a large share of the potential profit goes to Bitcoin.
People who invest in altcoins can get a much larger profit than those who invest in bitcoin. But bitcoin is safer and more predictable than altcoins.

Valerianbit
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March 08, 2018, 03:54:12 PM
 #1069

In the process of its development Bitcoin can begin to grow in any, the most unexpected direction, depending on the appearance of new uses. Owners of Bitcoin can be sure that with time the scope of its application will only increase. The owners of the altcoins, on the other hand, are at great risk of refusing to use their coins.
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March 08, 2018, 03:57:50 PM
 #1070

  Bitcoin is much more accessible - more exchanges, more sellers, more software and more supported hardware. Bitcoin is much more liquid at volumes significantly exceeding the volumes of any altcoyin. Bitcoin has the largest ecosystem of developers with a lot of software and implementations, in comparison with altcoins. Bitcoin has more entrepreneurs investing their intellect, desire and creativity in the development of the network.
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March 08, 2018, 04:11:36 PM
 #1071

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
Even new coins or tokens prices are not stable and not only bitcoin. And for your information all crypto currencies prices are not stable, they are very volatile and anytime they can crash.  Grin

Bitcoin has gained its popularity for a long time and all of its hardships really paid of after all these years. Everybody was doubting its capability at the beginning but as years passes by, it showed its true color by making it to the top and dominating for a long time up until now. It would take a long while to bring bitcoin down and I think its popularity will continue to increase as new cryptocurrencies arise behind its fame.

I think the OP thinks that Bitcoin losses its popularity when the price falls down and it is not correct, Actually Bitcoin already gained a lot of popularity through the years and continues to grow its popularity until now. In my own opinion and point of view on what is happening the cause of the multiple market crash is the FUD that the media are spreading or some whales just want to sell their hodlings to profit.  Cool

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March 08, 2018, 04:15:01 PM
 #1072

I think bitcoin will still be the main although very much new coin emerging, it is very difficult for other coin to replace bitcoin at this time, bitcoin is the safest investment in my opinion even if the price is unstable.

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doaremon
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March 08, 2018, 04:19:33 PM
 #1073

No. I don't think so. Bitcoin isn't losing it's popularity. Bitcoin or any kind of crypto currency is a new demand of this new generation people. Day by day people are getting fast. Once they used basic mobile phone but now a days even a little child also use a smart phone. So the world is updating in it's technology sector. Crypto currency is also a new currency system in the world. It's fast, secured also it's very easy. In this currency system even a little child also can have money easily. So Bitcoin or any crypto currency won't lose popularity so easily.

kache2018
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March 08, 2018, 04:22:49 PM
 #1074

In reality, the fact that before other alternative coins came out and used by crypto investor, the biggest name in binance is no other than bitcoin. I also think that despite its current status rapidly dropping, bitcoin will still be known to be the father or the money of other alternative coins.

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taliepapa143
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March 08, 2018, 04:23:26 PM
 #1075

I don't think so. Because as what I have observed, Bitcoin is getting more popular even though there are a lot of coins now. And I know that Bitcoin now is falling but I don't think it will lose its popularity. Of course in this kind of business, there are ups and down. But I believe that Bitcoin will rise up again.
SMAura
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March 08, 2018, 04:30:26 PM
 #1076

I don't think so, according to some surveys that promotes about how popular the bitcoin is, its rapidly still growing! And for some country is freshly known. And investors are still about to come!
I don't think that bitcoin losing its popularity because based on my observation the number of bitcoin users is rapidly increasing and bitcoin just got started and became more popular in different countries so howcome bitcoin will lose its popularity

Datebayo
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March 08, 2018, 04:32:34 PM
 #1077

Bitcoin is the most prevalent coin now and it will likewise be the most famous digital money later on. Since bitcoin is mother of altcoins. Once in a while it is conceivable that some different altcoins will be utilized more than bitcoin by numerous speculators yet you should believe it. It will be beneficial for you.
Aneuk cabang
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March 08, 2018, 04:35:11 PM
 #1078

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
if you are looking for the most popular coin to invest, bitcoin is the one because bitcoin is the king of all coin. when bitcoin price fall so others, otherwise when bitcoin price raising so others too.

fritzwalter195
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March 08, 2018, 04:36:01 PM
 #1079

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

Most of the altcoins are based on bitcoin, so bitcoin affects on their popularity, and not the opposite! Also, I suggest you take a look at the bitcoin market cap historic chart! It will cover all of your concerns about bitcoin's popularity and growth!  Wink

Gook luck!  Smiley
akmittal
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March 08, 2018, 04:36:10 PM
 #1080

Bitcoin is not loosing its popularity. Moreover more and more peoples are getting aware about Bitcoin and Crypto. In result of awareness the Popularity of Bitcoin is increasing day by day.

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