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Author Topic: Is bitcoin loses its popularity ?  (Read 5655 times)
Aster
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February 12, 2018, 09:49:35 AM
 #721

When looking at market caps - popular cryptresources, one of the things that many people are focused on is Bitcoin's status in relation to other coins. Although this is a great way to see which coins rise into the ranks and grow in adoption and value, the fact is that bitcoin is unlikely to lose its status of dominant crypto currency - at least right now. Bitcoin has the advantage of the first switch, since it is the first and oldest crypto currency. This is where adoption began, and, perhaps, why crypto-currencies really have value!
Bitcoin will never lose popularity. From time to time, many people are getting familiar with Bitcoin because they are attracted by the rapidly growing and increasing prices of Bitcoin. People are beginning to see it as an opportunity to invest and do good business. Therefore many people start to know Bitcoin and from time to time, will be more and more. The most prominent promotion I find is in social media. Especially the amount of discussion about the crypto that exist in various facebook groups. I really like to read it because it can increase knowledge and can give profit. There are a lot of people talking about new Altcoin and potential Altcoin going on in the market.
Yes, bitcoin will never lose its popularity at this moment because there are still countries that do not know bitcoin or only few people know this. There is still a huge market for this because most of the time, an investor needs to convert his money to bitcoin before he can invest in altcoins. So in conclusion, bitcoin still represents the overall market of cryptocurrency because of this reason.
Agree it is not going to lose its popularity at all, we are bitcoin uses and we trust bitcoin that bitcoin will grow more and more with time, our confidence and trust for bitcoin is now increasing and it is still at peak so it is main reason why increasing and decreasing price of bitcoin is not going to affect our investments as we can wait at time of low price, a lot of people are still there in ma4rket who are priotizing bitcoin and earning allot of money.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Pamela Jobelle
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February 12, 2018, 09:50:59 AM
 #722

For me, bitcoin is impossible to lose its popularity. Many people invested in bitcoin and many of them are businessmen. Apparently, Bitcoin is one of the most popular when it comes in virtual money and cryptocurrency.
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February 12, 2018, 11:13:38 AM
 #723

For me bitcoin will not lose its popularity, it will rise to reign again because everyone around is talking about bitcoin even in the media soon bitcoin will fly.


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wpc143
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February 12, 2018, 11:18:37 AM
 #724

I think bitcoin is not losing it's popularity. If you are talking about the downfall happening now, this is very normal because bitcoin and other cryptocurrencies are so volatile, it goes up and goes down at any moment. If you have bitcoin don't lose hope, bitcoin will stil recover too soon.
judemarco1996
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February 12, 2018, 12:18:25 PM
 #725

THere is a lot of factor in this decrease of the value of the bitcoin now. There is the bad news coming in the chinese investor, the hacking issues.
Portia12
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February 12, 2018, 12:21:21 PM
 #726

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!
bitcoin will be famous in very long time, the community of bitcoin is growing this time so fast that why it is very famouse now and the good thing thats why it is famous its because they got profit.

magicmeyk
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February 12, 2018, 12:24:49 PM
 #727

I don't think so. I know that the price is going down but it won't fall for so long and it will rise again.
wesbrook2
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February 12, 2018, 12:36:48 PM
 #728

Nope bitcoin didn't lose its popularity because I think there are people who loves bitcoin that much and they always recommend to others what bitcoin is
paoeng1
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February 12, 2018, 12:43:44 PM
 #729

I don't think so. Because in our place bitcoin is their new world they always recommend bitcoin to the peoples that they approach everyday
chikading2016
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February 12, 2018, 01:26:31 PM
 #730

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!
bitcoin will be famous in very long time, the community of bitcoin is growing this time so fast that why it is very famouse now and the good thing thats why it is famous its because they got profit.

Yes you are right about that. It does not happen because modern technologys is now a ways to inform all arround the world what bitcoin uses. And its not easy to forget tje popularity of bitcoin because most countries know what this is. They are in their mind what bitcoin can do for their lives, which has changed in a few years to become rich.

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February 12, 2018, 01:30:08 PM
 #731

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 is the mother of all alts. Whatever price movement bitcoin does, the market gets affected. And most people are introduced to bitcoin first before any other cryptocurrency.

mellar1084
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February 12, 2018, 01:31:51 PM
 #732

ofcourse, bitcoin is still popular and it will be more and more became popular, because it is well known in many countries...So you are doubting that bitcoin will not still popular? Because of that factor like bitcoin price is not stable?? We all know that bitcoin price is not stable because of its volatibility and its price will change every single moment. And because of that sometimes it will pump and dump that might seen by the investor as an opportunity for making more profit.and i also know Bitcoin is the mother of all alts. Whatever price movement bitcoin does, the market gets affected. And most people are introduced to bitcoin first before any other cryptocurrency.
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February 12, 2018, 01:34:39 PM
 #733

Popularity in the context of your post is very subjective. I don't think there will ever be an altcoin that's going to surpass the popularity of bitcoin but profit wise? there surely are tons out there.
Javathon
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February 12, 2018, 01:42:13 PM
 #734

I dont think so dude, because bitcoins in the world divides people. There are many controversial opinions about digital currencies but the supporters, enthusiasts and investors encourage people to invest in the cryptocurrencies but on the other hand, there are also numerous opposers in some country that forbade bitcoin trade that's why bitcoin don't lose its popularity.
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February 12, 2018, 01:43:47 PM
 #735

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 ?

 There is the bad news coming in the chinese investor, the hacking issues.  Many people invested in bitcoin and many of them are businessmen.  I think by most metrics bitcoin is continuing to rise in popularity both among computer scientist types and mainstream.  It attracts more investors this time.
Cryptorianer
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February 12, 2018, 03:43:59 PM
 #736

Bitcoin is certainly most unpopular with all the buyers at 20k  Wink
But for all who get into cryptocurrency, it's the first to think of. So popularity will raise with adoption rate I guess.
LordTricky
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February 12, 2018, 04:03:47 PM
 #737

Bitcoin is certainly most unpopular with all the buyers at 20k  Wink
But for all who get into cryptocurrency, it's the first to think of. So popularity will raise with adoption rate I guess.

Except adoption has stopped, we are now losing users because of the retarded KYC being implemented incorrectly by exchanges. We buy from each other, meaning we are NOT customers of exchanges...

Roll on a penny a coin or the outlawing of ID sharing!!!
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February 12, 2018, 04:31:27 PM
 #738

I think Bitcoin is not losing popularity because in everday people learn what is bitcoin .So it develops bitcoin technology .
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February 12, 2018, 04:49:23 PM
 #739

For me Bitcoin popularity increasing this the reason i am here,People talk about Bitcoin,social media update the news about Bitcoin.
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February 12, 2018, 04:54:51 PM
 #740

I don't think so. More people always coming and joining bitcoin community because of many different reasons like money, development etc. At my opinion btc is getting more popular.
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