StochasticOrder
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February 06, 2018, 08:17:58 PM |
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Bitcoin's main value now is it's use as a "reserve currency" by people that are purchasing other altcoins or holding their money in between trades. It also has value from being first and it's name brand. However, it is being overshadowed by other coins with better tech and more use cases. Ethereum has the most potential to overtake BTC long term given it's better tech, especially if it starts to be used as a reserve currency. We've already seen the market share of BTC decline significantly over the last few months as a result of these factors. However, this doesn't meant that BTC will crash or become useless, it's rather a set of variables and factors that should be taken into account when deciding which cryptos to make up a portfolio with.
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Crash21
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February 06, 2018, 08:56:32 PM |
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Bitcoin becoming more popular each deay because of changes of price and socail media. At my opinion that even 50% people in the world still don't know about bitcoin.
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z38630610
Legendary
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February 06, 2018, 09:10:25 PM |
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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 most popular coin now and it will also be the most popular cryptocurrency in the future. Because bitcoin is mother of altcoins. Sometimes it is possible that some other altcoins will be used more than bitcoin by many investors but you should trust it. It will be good for you.
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furry04
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February 06, 2018, 09:11:49 PM |
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Being the reserve currency for every other altcoin and being the top traded coin with most dominance BTC is still in top form and with this crash it even got more popularity.
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viarathel
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February 06, 2018, 09:27:38 PM |
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Obviously still very popular bitcoin and become the leader of currencies in the world of crypto, bitcoin is still the first in appeal of other altcoin, you must buy bitcoin first, If you pay attention to the current bitcoin prices are decreasing, but bitcoin remains the king of all altcoin
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fishball
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February 06, 2018, 09:28:04 PM |
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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 ?
The foundation is still the foundation. Whatever happens bitcoin is the father of all altcoins. Yes, bitcoin may have unstable price but ir is just a common thing. Sometimes you are up and sometimes you are down. But eventually you will end up much higher and much more reliable.
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thet
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elysian.finance
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February 06, 2018, 09:31:00 PM |
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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 still popular. What we experience now is the part of bitcoin journey. The movement or pattern is normal thing with bitcoin. Expect that it will rise again.
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Lorin
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February 06, 2018, 09:35:36 PM |
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It cannot loose it's popularity,it's just that because of the low value of it that's why some tell it's loosing the popularity.
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osasshem
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February 06, 2018, 10:19:04 PM |
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Truelly, there are lots of coins in the market, but majority of them are being controlled with the influence of the price of bitcoin. When bitcoin drops, almost the whole market turns red, but when there is a rise in the price of bitcoin you'll see the green light everywhere. The current unstability in bitcoin has lots of factors behind it, which are numerousto mention. The unstability of bitcoin price has not in anyway affected its popularity.More and more people are investing into it now and waiting for the next rebounce. S, the popularity of bitcoin still holds,cause it is the first coin in the digital currency(ies).
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cryptogirlboss
Newbie
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February 06, 2018, 10:46:26 PM |
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its fine for me I guess, so many other cryptos out there with so many different functions and more modern tech than good old bitcoin
also proof of work is such a waste of energy
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Rosilito
Sr. Member
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Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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February 06, 2018, 10:50:34 PM |
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Yes it somehow loses its popularity at somepoint but bitcoin is still popular, popularity of it might be the one factor why bitcoin value drops but it is not about that thing it is also from some sort of issue like some government ban it, it is not about that thing because bitcoin was the first cryptocurrency created and it will be always the top over other cryptocurrency.
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coinluisa
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February 06, 2018, 11:06:19 PM |
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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 think yes because bitcoin is the first before other alts even many other coins came still we back to bitcoin. Bitcoin is much more popular how can you buy other coins if you do not use bitcoin or buy bitcoin right. Above all the things bitcoin is the best coin even it is down or goes up the value.
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marjil
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February 06, 2018, 11:08:39 PM |
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Bitcoin is still very popular as it has a staunch following who back it through thick and thin. No other coin comes close.
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weblouartisan
Full Member
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Merit: 100
Lets Go Adab
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February 06, 2018, 11:10:13 PM |
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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 will only lose its popularity if the value in the market will massively decrease but then bitcoins now a days does really have an expensive value and most of the people who invested are still believing on it so there is no way to lose its popularity.
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odakorlina
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February 06, 2018, 11:13:18 PM |
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I have not thought about bitcoin that will lose its current popularity, but it will not happen because bitcoin will continue to expand. As far as i know bitcoin still the number one cryptocurrency, created and held electronically. So, No one controls it. I am still positive that the bitcoin price will recover very soon.
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DySWv
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February 06, 2018, 11:13:59 PM |
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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 ?
What is happening right now is not the first time. There are actually more cryptocurrencies which give the investors more profit than they get in Bitcoin. Bitcoin is not the number one cryptocurrency in terms of giving a big amount of profit. But do not worry, Bitcoin is still popular.
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holdem
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February 06, 2018, 11:14:51 PM |
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Actually bitcoin just going to mass populiarity; its less than 1percent of world population has any yet; we are still early adopters - in the near future it will become popculture - digital gold of digital age This is not gonna happen over night thought; have patience, adoption can take few more years till its really mainstream.
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abayan
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February 06, 2018, 11:21:23 PM |
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it is not looses popularity it looses the price You're quite right at that point. Bitcoin won'tever lose its popularity because it is the pioneer and the basis of any cryptocurrency. Bitcoin was able to establish its name. Maybe some are just worried about the decrease of itd price but for all you know, this is normal and I know that its high price will go back.
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tanjiran
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February 06, 2018, 11:21:32 PM |
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Actually bitcoin just going to mass populiarity; its less than 1percent of world population has any yet; we are still early adopters - in the near future it will become popculture - digital gold of digital age This is not gonna happen over night thought; have patience, adoption can take few more years till its really mainstream. You are right. When compared to the entire human population on earth, bitcoin users are very few. Even bitcoin has not reached its popular period, then how can it be said bitcoin is losing popularity? For me this is the beginning, use well, do not get left behind, before you finally regret when bitcoin becomes mainstream while you have not understood it.
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craigpo
Newbie
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Activity: 103
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February 06, 2018, 11:26:12 PM |
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I think bitcoin will always be popular until it gets completely replaced, which will be hard since it's in such high demand.
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