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Author Topic: Will Bitcoin loose its popularity?  (Read 2324 times)
biascoin
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March 17, 2018, 01:46:30 AM
 #101

I think bitcoin does not lose popularity. Bitcoin has many advantages over cash. Cash must rely on trust from the government. Bitcoin is important because many people do not trust the government's money and want to use Bitcoin as an alternative payment instrument when the government's currency does not perform these functions effectively.

BULLSHIT, has 0 advantages so far


  • SLOW, you need to wait to confirm transactions. A LOT. All transactions are public on the blockchain and take from several minutes to several hours.
  • You have to pay a fee ALWAYS, which sometimes is pretty high.
  • COMPLEX to use, easy to get scammed or your wallets stolen by some malware or vulnerability.
  • You need computational power to confirm transactions which is freaking absurd and it is only needed so the blockchain cannot be altered. It is just a distributed database.
  • EXTREME VOLATILITY

You can use Paypal, you can use Moneygram, bank transfers or pay with your credit/debit bank anytime. Your bank covers your funds, and Paypal protects you from scams to a point. All with 0 effort, and with no bullshit.

Bitcoin solves NO PROBLEMS. Blockchain is cool ? yes, it is cool to have an app with numbers than go up and down ? sure, but then you can also have Revolut or n26 and tranfer money to people anytime, immediately.

clickerz
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March 17, 2018, 01:47:48 AM
 #102

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.

Maybe but this is more to government regulation. Plus google that announced to banned crypto ads after facebook. I do believe that once this is cleared, bitcoin will recover again and soar.Its just a matter of time. Bitcoin demonstrated already its usefulness,  we did not want to go back again where its difficult to transact online.

Open for Campaigns
fredo123
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March 17, 2018, 01:57:50 AM
 #103

Bitcoin will never lose its poularity, People now a days adapted the use of it and they will pass the message to their friends and relatives and to their next generation, still bitcoin will soar up in the upcoming days and will eventually bring us hope for everybody.
julielyn
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March 17, 2018, 02:06:34 AM
 #104

I think bitcoin does not lose popularity. Bitcoin has many advantages over cash. Cash must rely on trust from the government. Bitcoin is important because many people do not trust the government's money and want to use Bitcoin as an alternative payment instrument when the government's currency does not perform these functions effectively.

Yes, as I said you would just drop bitcoin but not all the bitcoin popularity will be lost because bitcoin is a lot of benefits to its users, they do not want to lose its popularity as they earn bitcoin.
dammang
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March 17, 2018, 02:13:41 AM
 #105

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 ?
bitcoin doesn't loose it's popularity because most countries make it as their monetary investments,and almost individual in all countries are making the bitcoin as their job.that's why it is impossible for bitcoin not to be popular for long time.

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reality18
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March 17, 2018, 02:15:48 AM
 #106

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 ?
Bitcoin is still making history and can never lose fame. The decentralized nature provided by bitcoin allows for uninterrupted transactions by third parties among users. This alone makes it unique and will stand against all odds. The fact is, Bitcoin is about to make another hit beyond $23,000. This is the right time to buy and hold some.
#davidnugroho
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March 17, 2018, 02:23:45 AM
 #107

it is now difficult to win and the price is soaring this because of the many new coin competitors and this is being hit by the unstable economic impact and the investors who want to look for big profits need to be reviewed and I prefer a stable hargaynya because there is no big turmoil about bitcoin and news about this in my opinion
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March 17, 2018, 02:25:39 AM
 #108

No, Will not Bitcoin loose its popularity. Its popularity will be increase day by day. Because it is a way that can solve our poverty problem. Bitcoin is now online currency.
Sadlife
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March 17, 2018, 02:31:58 AM
 #109

Bitcoin is not losing popularity its the whales who is manipulating the price to go down the reason might be the recent recovery of the Mt gox stolen funds and being sold or all of the FUD news that is all about talking about dumps speculation and price analysis of bitcoin and all crypto currencies.

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cunguks
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March 17, 2018, 02:33:38 AM
 #110

We need to look at the history of bitcoin. Bitcoin is getting sluggish lately. But that doesn't mean bitcoin will lose its popularity. If you look at the chart, you're possibly understand, may be. Besides bitcoin is still a technology that has great potential as a substitute for cash in the future.

Chachacoin17
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March 17, 2018, 02:49:27 AM
 #111

Bitcoin will never lose its poularity, People now a days adapted the use of it and they will pass the message to their friends and relatives and to their next generation, still bitcoin will soar up in the upcoming days and will eventually bring us hope for everybody.
It is too impossible that bitcoin will lose its popularity instead bitcoin attracts many people the way how it works and how it helps many people. Bitcoin will never lose its popularity because many people impress on how it really do can help and be the source of income for everyone. Instead of losing its popularity, it will be more famous.
MiF
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March 17, 2018, 03:06:31 AM
 #112

Bitcoin will never lose its poularity, People now a days adapted the use of it and they will pass the message to their friends and relatives and to their next generation, still bitcoin will soar up in the upcoming days and will eventually bring us hope for everybody.
It is too impossible that bitcoin will lose its popularity instead bitcoin attracts many people the way how it works and how it helps many people. Bitcoin will never lose its popularity because many people impress on how it really do can help and be the source of income for everyone. Instead of losing its popularity, it will be more famous.
Yes i agree on that bitcoin really doesn't easily lose its popularity around the globe. Because many people today really impress on the bitcoin, and I believe that bitcoin slowly become a part of a human life. Because almost everyone really aware of using the modern tehcnology using the internet which the digital currency runs through a lot. Maybe bitcoin became popular because it is really amazing.

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Somratbd
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March 17, 2018, 04:05:07 AM
 #113

Bitcoin is not losing its popularity. At present, bitcoin's price is lower than previously but this situation will not be bitcoin prices in the last year will be higher than last year. I think it's a temporary problem. It will be resolved in a short time. And then bitcoin will popularity.
MD Milon
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March 17, 2018, 08:44:40 AM
 #114

I don't think this.though bitcoin price is low but it does not affect its popularity.bitcoin is a digital currency.some times its price low and sometimes its high.I feel this issue doesn't affect its popularity.I hope bitcoin never lose its popularity.
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March 17, 2018, 08:50:03 AM
 #115

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 ?
Before when I was new to bitcoin. There aren't that much thread that I'm seeing not only in this forum but also in social media. But now it's different when the market is tanking and declining, there are so many ideas that are flawed coming to your minds. The stock market is declining, did it lose popularity? Stop thinking this way, be mature in this type of exchange. Not because there's a big correction, you'll eventually think that bitcoin will lose popularity and next time I will not wonder if you'll ask if bitcoin will die.

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gcbjk
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March 17, 2018, 09:01:36 AM
 #116

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.

Bitcoin, like other currencies, is a tool for payment and pricing. Only because of the different degrees of acceptance of laws in various countries, people do not feel much about its payment function, and let it be like gold and antiques.
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March 17, 2018, 09:21:57 AM
 #117

not likely to losing its popularity, but just build up some time to overcome what its already achieved. not to mention that bitcoin is still become popular keyword to search in this cryptocurrencies world. it just need some time to recover and overcome.
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March 17, 2018, 09:30:25 AM
 #118

Even bitcoin price is down since three months ago, it is not a reason to loose the popularity of it, people who know bitcoin is aware why its happen, many advantages of bitcoin will support it and if the bitcoiner will think all of that, they will take advantages of it and invest on bitcoin so that they can earn profit from it.
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March 17, 2018, 09:30:35 AM
 #119

It's a matter of time for the bitcoin loses it's popularity but base on what i read from an article it says that Bitcoin is at risk of losing its popularity; this is according to Nobel Prize-winning economist Robert Shiller who recently compared the Cryptocurrency with the “tulip mania” period that occurred in the Netherlands centuries ago.
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March 17, 2018, 09:31:03 AM
 #120

I think bitcoin does not lose popularity. Bitcoin has many advantages over cash. Cash must rely on trust from the government. Bitcoin is important because many people do not trust the government's money and want to use Bitcoin as an alternative payment instrument when the government's currency does not perform these functions effectively.
Considering the recent price drop of bitcoin, still, it is a famous topic everywhere, so price value is absolutely does nothing to do with its popularity. Relatively speaking, what makes bitcoin famous is the convenience and security that it brings to the public. As long as this technology is offering beneficial outcome to the society, It will never loose popularity.
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