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Author Topic: Will Bitcoin loose its popularity?  (Read 2322 times)
Skieleton
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March 16, 2018, 07:56:49 PM
 #81

As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
This topic was already touched. BTC has always had large price fluctuations. After the record 2017 reached record level, norlame behaves so. After the next pump, the price should exceed 20k $. It's time.
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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March 16, 2018, 08:04:38 PM
 #82

Bitcoin can never lose it popularity due to the fact that bitcoin is able to gain and build it trust in the heart of the people, being the first digital currency and again it relevance in our financial life how bitcoin allow us to carry AUT transactions across borders and it exchange price in the stock market make it more attractive to the general public.
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March 16, 2018, 08:10:25 PM
 #83

Bitcoin is still popular.  I think the price goes down because of the news about the bitcoin that are negative so that's why the price decreasing.  But it will back again for sure the price to the highest price.
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March 16, 2018, 08:21:54 PM
 #84

It could be that now that many currencies in the market are expanding and increasing, the more tough the competition is getting harder as well to get the highest popularity.

Yes, Bitcoin has many competitors, in particular Ethereum and Litecoin at the moment. And there is a possibility that as soon as the participants of the "coalition" of bitcoin lose their talent or tempo, another crypto currency may become more popular and displace bitcoin, especially if in bitcoin there will be enough rigid rules, in particular regarding the total number of bitcoins.
teejayrichard2
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March 16, 2018, 08:25:49 PM
 #85

no bitcoin has not lost it popularity. just like all other businesses, there are times they go down but after a while bounce back stronger and better. bitcoin will surely bounce back as it will overcome all challenges it faces currently.
Fazlurkhan.kz
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March 16, 2018, 08:58:33 PM
 #86

Eventually, it can happen due to high transaction fee and slow transactions. But bitcoin completely losing its popularity is not going to happen as there are huge whales in the market who won't want that to happen as the majority of their income or wealth is hidden or concentrated in bitcoin and most of the companies around the world have a link to cryptocurrency especially bitcoin. It still is a way of a moderate income to some people so it's not going to lose popularity anytime soon or it might never even lose its popularity.
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March 16, 2018, 09:18:26 PM
 #87

Bitcoin is not losing popularity, on the contrary, the whole financial world is interested. Maybe with a different objective, but they are interested. Institutional investors want cryptocurrencies to be regulated and once that is a fact, then they will invest heavily and the price will increase. Then we'll see the whole world is interested.

Chachacoin17
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March 16, 2018, 09:47:09 PM
 #88

No, I don't think it will. People will keep believing in bitcoins as whenever it's price has dropped it has always gone up again. Also, even if people lose interest temporarily they would start investing again as investing in cryptocurrencies is very profitable. Also, new investors keep coming in day by day as more and more people get to know about bitcoins. So, I don't think popularity can ever be a problem for bitcoins.
Bitcoin will never lose its popularity instead it will be more famous because it is very helpful to other people and it is more useful to them. Bitcoin will be more famous because bitcoin really can do attract many people on how it really works. If many people attract on it then they will be interested about this and let themselves study it and join in bitcoin forum. So, if bitcoin works in that way, do you think it will lose its popularity? No, instead it will be more famous or popular to everybody.
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March 16, 2018, 09:53:29 PM
 #89

Can't see btc losing it's popularity, even if scaleability solutions aren't implemented, for example, and it never becomes popular in a mainstream sense, btc will still hold onto to it's faithful followers that were heavily invested even before all the crazy growth. The reason is because those followers believe in the purpose of btc and its core and aren't concerned with the majority's perception of it.
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March 16, 2018, 09:58:45 PM
 #90

In my experience, it has even became more popular. Neighbors who does not care about bitcoin before are  already asking me about it. It may have dropped in price but compare this month last year, it still has grown a lot. So I do not think it is losing popularity.

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terciduk123
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March 16, 2018, 09:59:37 PM
 #91

Can't see btc losing it's popularity, even if scaleability solutions aren't implemented, for example, and it never becomes popular in a mainstream sense, btc will still hold onto to it's faithful followers that were heavily invested even before all the crazy growth. The reason is because those followers believe in the purpose of btc and its core and aren't concerned with the majority's perception of it.
I believe if btc will still have popularity in the next few years, because now this btc is still a coin sought by many people to gain profit, so I think btc experiencing loose it will be very difficult.
Bellator
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March 16, 2018, 10:10:18 PM
 #92

As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
Its impossible that bitcoin will lose its popularity since it is the talk of the town and most trending.As long as believers of bitcoin would never lose hope that it would recover again it will never lose its potential to rise again.Votality is a part of bitcoins protocol, price will rise and fall and most people has adopted the changes of the market..while this happens there will be a rapid growth of population when price dumps if they try to look back on its history 9 years ago bitcoin is priceless but now more people show interest when they see that early adoptors have succeeded and become a millionaire because of bitcoin.

Allura74
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March 16, 2018, 10:10:56 PM
 #93

Can't see btc losing it's popularity, even if scaleability solutions aren't implemented, for example, and it never becomes popular in a mainstream sense, btc will still hold onto to it's faithful followers that were heavily invested even before all the crazy growth. The reason is because those followers believe in the purpose of btc and its core and aren't concerned with the majority's perception of it.
I believe if btc will still have popularity in the next few years, because now this btc is still a coin sought by many people to gain profit, so I think btc experiencing loose it will be very difficult.
Yes, its impossible for bitcoin to lose its popularity since we know that in crypto world the bitcoin is the main actor and all other coin is just a supporting actor. Even if the value of bitcoin is now diving for almost half compared to previous month but still more people from every corners of the world gain profit due to its volatility and with that reason alone the bitcoin is still the king of all coins in crypto world and will never end its popularity.

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March 16, 2018, 11:34:18 PM
 #94

I think Bitcoin will only gain the popularity because actually there are only 30% people on this Earth know about BTC and 80% of them are investing in Bitcoin.
70% left is a huge number and at the moment they actually knew what is exactly Bitcoin is, they will invest in it.

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March 16, 2018, 11:36:54 PM
 #95

bitcoin will not lose its popularity any time soon, because bitcoin is now one of the most valuable coins and favored by many users, so bitcoin will not lose popularity but bitcoin will rise in popularity to expensive coins.

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March 16, 2018, 11:45:26 PM
 #96

As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
Not exactly, bitcoin still gaining more believers and it's popularity still spreading in different areas. As we know that some big establishment are adopting crypto for the reason that it it could be consider as next form of currency used worldwide. Although some of us losing their hopes when bitcoin suddenly fall back into $11k, but won't make others to decide in leaving bitcoin and it's popularity still remain and growing.
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March 16, 2018, 11:47:51 PM
 #97

Alot of the gloss has come off BTC in the last few weeks and this was expected. The mania of a couple of months ago was always going to cause drastic volatility. The thing is though, that BTC is still in its infancy and the world is a massive place. A good portion of the world doesn't have internet access yet. As this continues to develop then the pool for BTC will grow with it. Just takes times.
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March 17, 2018, 01:08:50 AM
 #98

I think why bitcoin drops because of low demand.
as I know the bitcoin rises when demand is high and the value is low when demand is low.
maybe this is the reason why it does not reach its normal value.
Correct me if I'm wrong.
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March 17, 2018, 01:40:47 AM
 #99

As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
I think isn't bitcoin loose its popularity because many people like us know about bitcoin and also bitcoin earner, as a bitcoin holder we believe that there is circumtances that bitcoin price fall down or pumping or  become high, so we take always a risk about this. In this generation which Social media is main attractive or popular, it can help bitcoin to become a popular cryptocurrency.
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March 17, 2018, 01:46:14 AM
 #100

As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
Definitely no, bitcoin is like a human who also need to rest in which it will goes down because it hits its peak last time. Bitcoin is popular today, although it continuously goes down it doesnt mean that it is not famous today. I think a month from now bitcoin will hit its peak again, and I cant wait that it will happen again.

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