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Author Topic: News says Bitcoin is Stronger than Ever, What do you thing?  (Read 254 times)
bitfocus (OP)
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March 16, 2018, 08:06:42 AM
 #1

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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March 16, 2018, 08:15:48 AM
 #2

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/

The market is now on a bearish sentiment but it doesn't mean that we are not that strong. Bitcoin still dominates and there is a good news that LN is already on a beta and soon we might see it rolling out in production in the next couple of days.

But for me, eventhough that the price is just above $8K it is still good and very strong. Well the December frenzy might not be replicated, but I don't think that bitcoin is dying as well. I believed that we will see another bullish trend in the next couple of months.

R


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March 16, 2018, 08:23:25 AM
 #3

despite its fall, I also believe that bitcoin will overcome all difficulties and will go even further to a high level of development)
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March 16, 2018, 08:24:40 AM
 #4

The upward movement has not yet become sufficiently clear and false drawdowns are still observed quite often.
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March 16, 2018, 08:35:19 AM
 #5

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/

This is all positive thought about bitcoin why not mentioned all negative thoughts and reasons why the market keeps falling and some of the big investors are exiting and also some country and big it company specially google are now against crypto currency specially bitcoin,
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March 16, 2018, 08:37:35 AM
Merited by bitfocus (1)
 #6

Good points in the OP.
Bitcoin is indeed very strong (disregarding the FIAT price)
and IMO will continue to be adopted.
We are already seeing transaction fees falling and soon everyone will be able to enjoy fast transactions.
So i would say in general Bitcoin is growing.

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March 16, 2018, 08:44:59 AM
 #7

these days the price is mixed with everything else so whenever price is not performing well everyone thinks bitcoin is not strong anymore. sadly people have forgotten that price is not the only thing that matters. in fact it may be the last thing of importance for bitcoin.

the most important thing for bitcoin is its adoption and that is growing. we can see that in the number of users, nodes, miners which is both number of miners and hashrate and also all the different countries and big companies like Samsung that have been showing interest in ASICs, number of merchants and a lot more and all of these have been rising. we had some hiccups during November and December because of high fees but that is solved now.
and finally pretty soon we will have mass adoption of Lightning Network and things will change big time.

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March 16, 2018, 09:09:49 AM
 #8

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/

This is all positive thought about bitcoin why not mentioned all negative thoughts and reasons why the market keeps falling and some of the big investors are exiting and also some country and big it company specially google are now against crypto currency specially bitcoin,

The negativity in the market is only short term, the negativity is getting
traction because people are fixated about the FIAT value.

What big investors are getting out? Because to me its a time to get in.

Google are not against crypto, they are cutting all paid ICO  adverts,
This wont stop people from advertising, talking and discussing crypto
on other google platforms.

R


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March 16, 2018, 09:13:33 AM
 #9

Yes bitcoin is stronger than ever but the price not so much. We are going to stay in a bearish market for some time now as bitcoin went through a mega bull rally recently.

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March 16, 2018, 09:17:31 AM
 #10

Bitcoin is stronger because it had never been hacked, I am not talking about exchange platforms. Nobody can ever find out private key of Bitcoin address even if he have very huge computing power. So yes it's secure and as node is distributed around the world no any government can shut the whole Bitcoin network down.
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March 16, 2018, 09:19:42 AM
 #11

Bitcoin supported by more and more people now, so I think the price of the Bitcoin was sure, now there is a consensus, so I still bullish on the Bitcoin of the future, I will choose to buy the Bitcoin.

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March 16, 2018, 09:22:37 AM
 #12

I'm always been optimistic with bitcoin and there is some other things that's on my mind that I haven't found on that article.
Bitcoin is original and the first of all the crypto coins that ever existed.
People doesn't like local version or imitation so its like to bitcoin, we all like original.


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March 16, 2018, 09:22:49 AM
 #13

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/
Bitcoin is stronger because it is been in the usage for almost ten years but many crypto currencies are failed to jold its position even after some months so it is most stronger and its anonymity is the biggest advantage.
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March 16, 2018, 09:26:22 AM
 #14

Found a news online that titles "Five reasons bitcoin is fundamentally stronger than ever" (attaching the link at the end of post).

The 5 points are:

  • MORE PEOPLE ARE USING IT
  • NODES ARE MORE NUMEROUS (AND MORE WIDELY DISTRIBUTED) THAN EVER
  • BITCOIN IS SCALING
  • HASH RATE IS AT RECORD HIGHS
  • IT’S STILL HERE

what do you think about it?
I am very enthusiastic about Bitcoin and the future, what about you?

https://www.bitcoinmarketinsider.com/five-reasons-bitcoin-is-stronger-than-ever/

I think that is one of the best selling points of bitcoin as a cryptocurrency it is able to break the norms that we usually put in the cryptocurrency world. What it means when the news say that bitcoin is stronger than ever is that it was able to surivive the dips that has been on its way and able to not crash despite numerous news of it being so. Bitcoin is still able to raise its prices and the best thing is that we are able to not just stand up but have enough potential to keep breaking the price wall
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March 16, 2018, 09:26:55 AM
 #15

ENTIRE NATIONS ARE ADOPTING IT ?

most  nations are regulating ready for full adoption??

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March 16, 2018, 09:29:12 AM
 #16

If you are in this world since enough time, you know that these kind of things happens with crypto markets. Nothing wrong with bitcoin, i see just good news like LN. I see only opportunities to buy more under 10k$

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March 16, 2018, 09:30:27 AM
 #17

The crypto market is decreasing as a complete sentiment. But the BTC is still a leader of all moves. Therefore I believe BTC will stay as a leader to the next times. Almost all altcoins copy BTC chart.
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March 16, 2018, 09:39:26 AM
 #18

The launch of the lightning network has accelerated the progress of BTC.

Bitcoin is unpredictable, and bitcoin will grow in unexpected ways.

If you don't agree with bitcoin, I don't have time to convince you!


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March 16, 2018, 09:40:16 AM
 #19

I'm not sure if I agree with the author's statement that the descrease in transactions is due to more batching.
If you look at the Google trends statistics you'll also see that there's a decreased interest in Bitcoin. This is probably only temporary though.

What does surprise me is that so many people are running full nodes, since you're not getting anything back for it. Especially the high number of Chinese people really surprises me.

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March 16, 2018, 09:56:47 AM
 #20

if it falls transaction or rises it's a common problem, but I strongly believe bitcoin will solve this problem and will move more successful.
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