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Author Topic: Is bitcoin loses its popularity ?  (Read 5655 times)
GwSoJ
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February 01, 2018, 12:57:25 PM
 #181

There will be millions of people across the globe who understand what bitcoin is and the future it has but they have been unable to buy any after last years massive run. They didn't work it out till it was too late but they know now and are waiting. They are all sitting there with worthless fiat in their banks just waiting for the right price to buy bitcoin. Good luck to them, the more people who own bitcoin the better.
panganib999
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February 01, 2018, 01:06:33 PM
 #182

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!
Since bitcoin is the pioneer in this technology, The popularity of bitcoin is not affected by the recent dumps on its value. The interest of the public is still focus on how to invest on bitcoin, because of the legacy that bitcoin created for almost a decade. Different altcoins are being created, but they are still dependent on the value of bitcoin, so how would it ever loose popularity?
munify
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February 01, 2018, 01:08:50 PM
 #183

Sure it is loosing , Just look at the bitcoin price today , lossing , loosing and loosing.

Why do you say that bitcoin will lose, on what basis you say it. Do not look at bitcoin in the short term because it will scare you if bitcoin goes down. Try to see it in the long run then you will better understand about bitcoin.

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tokexchain
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February 01, 2018, 01:09:15 PM
 #184

Bitcoin price sways wildly, this is mainly for demand but also because of news and present and future developments, as long as we are all going forward then that is all that matters. If you are strong and can hold out over the lows, in the end you will win. It's also a good time to buy of course - but only invest what you can afford to lose!
shainasaz
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February 01, 2018, 01:10:09 PM
 #185

No difinitely not. Bitcoin now made a tremendous marked as popular with the people entire globally and even hundreds of alts is in the market today no one make same valuable as bitcoin.

kuyaJ
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February 01, 2018, 01:11:39 PM
 #186

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 ?

Upcourse it is more popular because the knowledge to oneself cannot die.  There are some issue about bitcoin that's why the price was always unstabled.  If there are issue regarding bitcoin it will dump because they have some panic sell that can cause from dumping coins.  They afraid to loss capital thats why they need to sell it to buy better coin.
petrov trevor
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February 01, 2018, 01:12:45 PM
 #187

I do not think we can judge this on a month as catastrophic as this month, if it loses its popularity for me it's done exrpès, by February the walk will start up again and everyone will come back
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February 01, 2018, 01:15:36 PM
 #188

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 ?

No, bitcoin is not losing popularity, it's just that panic is going on for a few weeks. I believe bitcoin will be able to survive and rise again. although the current state is getting worse for bitcoin. but all can happen in a short time, right now I am just a spectator

Traderbtcc
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February 01, 2018, 01:20:38 PM
 #189

Sure it is loosing , Just look at the bitcoin price today , lossing , loosing and loosing.

Why do you say that bitcoin will lose, on what basis you say it. Do not look at bitcoin in the short term because it will scare you if bitcoin goes down. Try to see it in the long run then you will better understand about bitcoin.

Everyone's just expecting Bitcoin to do a 10x to 100x increase in value at its current price. That's ridiculous. Bitcoin has been the highest increase in value till day. All the way from less than $1 to $20,000 (All time high). Bitcoin is still popular because It has the first mover advantage in the blockchain technology.




KingOfWinterfell01
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February 01, 2018, 01:21:59 PM
 #190

I don't think so. Bitcoins aren't losing its steam yet. Even if the price today seems to be dipping hard and going below the $10,000, bitcoins remains to be the most demanded cryptocurrency out there in the market. Famous and yet it is also infamous for its crashes, nevertheless, bitcoins are still famous.

NightCloudz07
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February 01, 2018, 01:24:06 PM
 #191

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 ?
no its not losing its popularity because bitcoin is still have a more advantage than the other crypto currency and also the price of bitcoin is still higher than the other.

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derigop
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February 01, 2018, 01:24:41 PM
 #192

Sure it is loosing , Just look at the bitcoin price today , lossing , loosing and loosing.
I don't think so. If it is already loosing the value of bitcoin must be zero. I guess there is small crisis happening in bitcoin or other cryptocurrency are much more improving than bitcoin that is why it has low value today
ArnoldChippy
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February 01, 2018, 01:32:56 PM
 #193

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 ?

I don't think so. bitcoin decreases its value but it is still the number 1 cryptocurrecny until this very moment and people are still supporting bitcoin. it is still very popular .  maybr people are a bit in panic for they have bitcoin investment but it doesn't mean that bitcoin will fall down to its lowest value and crash. it will rise again soon.
It does not mean that if bitcoin is losing its value so its popularity will also decrease, in fact bitcoin can regain its value in no time and we have very good example fro past, I think the current decrease is also temporary therefore it will not lose its value, hope that bitcoin will continue increasing its value and more and more people will continue taking interest in bitcoin, because bitcoin is still the number one currency of the world.

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ngusmin
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February 01, 2018, 01:41:35 PM
 #194

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 ?

Yes, I admit this time bitcoin has decreased, But it will not detract from my interest to keep hold of bitcoin. falling bitcoin prices will be an opportunity to invest in bitcoin because the future of bitcoin will increase. If looking for a stable price you will not find it on crypto coins.

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thenameisjay
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February 01, 2018, 01:47:46 PM
 #195

It is true that a lot more investors are trying to get their hands on alt coins like Ripple and Etherium, but Bitcoins won't ever lose its popularity since it is one of the pioneering coins that placed crypticurrency in the map of economics. So I guess name-sake and price wise, bitcoins are still leading in terms of fame.

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Shutup
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February 01, 2018, 01:57:04 PM
 #196

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 ?
[/quote

I know by bitcoin price  continuing go down. Many bitcoiners now are afraid if bitcoin will recover soon. Maybe bitcoin affects the popularity because of the price so very low by now. We can't removed on the people to think of bitcoin will be failed. This is the moment people afraid of. That bitcoin will die, but l think bitcoin don't want to fell down but to show that bitcoin can do anything in the whole world.
batang_bitcoin
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February 01, 2018, 02:07:44 PM
 #197

Bitcoin price is also not stable.
What can you expect with a coin that's decentralized and isn't controlled by the government?

Crypto isn't stable because there aren't enough people in it, it's that simple.

You just can't compare the amount of people trading BTC vs the amount trading EUR or USD.


And BTC, still being at the top, is still the most stable crypto (which, again, does not mean stable, at all). Those who are saying that ALTs are more stable, are probably very new.

Whether there are enough people or not crypto will never become stable. That's why it is decentralized and I did mentioned it already, you can't expect something to be stable if there's no one controlling it. We don't care about those trades that are happening with EUR or USD. They have their own market so bitcoin does have its own too. And for those people that keeps on talking like a child and thinks that they are very well professionals with cryptos and says that its the end of bitcoin, just forget about them.
Fazlurkhan.kz
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February 01, 2018, 04:14:31 PM
 #198

Bitcoin is right now less considered to be the cryptocurrency to invest in because of its high price. People are just waiting for its price to drop and grab it. Accepted that other coins are more profitable, but it was due to bitcoin that people started studying and got to know more about those cryptocurrencies and bitcoin acted as a middle man to popularize cryptocurrencies in general.
Kloug
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February 01, 2018, 04:15:29 PM
 #199

Whether there are enough people or not crypto will never become stable. That's why it is decentralized and I did mentioned it already, you can't expect something to be stable if there's no one controlling it. We don't care about those trades that are happening with EUR or USD. They have their own market so bitcoin does have its own too. And for those people that keeps on talking like a child and thinks that they are very well professionals with cryptos and says that its the end of bitcoin, just forget about them.


It has nothing to do with being controlled. The more buyers/sellers, the more stable, and that's obvious.

Do you think you can pump & dump BTC like you can do with an unknown coin? No. It requires much less money to pump & dump a shit coin with nothing in its order book.

As soon as a currency or share is in the hands of many people, too many for them to organize pumps or dips, then it stabilizes, because sells have way more chances to find a matching buy.
And if you think that BTC will never become stable, then it has absolutely zero chance to become an actual, used currency. You can't do ANYTHING with a currency that's not a minimum stable. You can't make a business work, you can't lend, you can't use it for your salary, etc. Can't buy goods for your store at a price and find out that no one will buy them over half the price you paid, because that month the currency has crashed. You can't get paid in BTC and the next month not be able to pay your rent & your food because of a massive pump.
You do sound like the child here, it's obvious to everyone that volatility is related to how big/supported the thing is. Yes, governments can & do control values, but to keep things stable at another level. Without governments, don't think that eur vs usd would suddenly crash or pump anywhere like crypto does. The markets are waaaaay too big for that.
Same thing with shares. Tiny company X launches an amazing product, it can pump 10x. Large company did something bad, its shares will lose 5% and even that will be considered a problem.

Which doesn't even mean that something like gold can't pump 5x, it can and it has, but that spreads over many years. Too many people have trust in gold for it to have any chance to crash like a crypto. You know why? 8 trillions vs 160 millions, that's the difference between their market cap.
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February 01, 2018, 08:10:46 PM
 #200

It is sad but Bitcoin best years are over  Undecided Mainly because bitcoin became so congested and stopped developing itself while other currencies progressed.  It doesn't help also that only big miners can mine BTC and not average GPU/CPU users. This is not what Sathoshi wanted. Mining should be available for everyone.
But now we have hard fork called Bitcoin Cash which is 8 times faster and much cheaper, which resembles Satoshi idea more closely. And many other altcoins to choose from.
Indeed, we did not seize the initiative, and now bitcoin is already known by most people that if Bitcoin does not develop itself, it will most likely be superseded by other cryptocurrencies.
No one will believe this that bitcoin will lose the value it is gaining more and more value and price so how can we believe this that someday bitcoin will become the only crypto currency in market, people are demanding for bitcoin most likely as cash so in future it will gain extreme place in crypto currency world, now many social media are working for bitcoin so it is time to make bitcoin popular more for new age and new time.
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