Market confidence in bitcoin.

[ambisyon]

I think the confidence of the btc investors with regards to the current huge dip,  maybe some had been confused but for others, they still continue to hold their btc's since this will definitely make a comeback in the coming months. This current dips right now is an opportunity to buy cheaper coins and just hold while you wait for the recovery.

[bohr]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

No, this is a normal crash like many we have seen before, there is not big transition happening from one coin to the other, people still trust bitcoin but what it happens is that many new investors entered the market not understanding what they were doing and this pushed the price up, then smart investors began to cash out and this created a run against bitcoin and big panic as well and that made the price to go down, but it is only temporary, the price will recover.

[btc_angela]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

What exactly happened? We have attracted the governments all over the world and decided to gang up on crypto that's why the price goes on a free fall since the beginning of the year. And then there is the hacked on crypto exchanges and scams and fake news and FUD that dampens the spirit of even the hard core investors. Could the market get bored? Of course, however, it will not last long though, it might take years, but once the confidence is back, I'm sure that we will bounce back and you will be glad that you stick on the market and didn't give up.

[RocketPot]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

What exactly happened? We have attracted the governments all over the world and decided to gang up on crypto that's why the price goes on a free fall since the beginning of the year. And then there is the hacked on crypto exchanges and scams and fake news and FUD that dampens the spirit of even the hard core investors. Could the market get bored? Of course, however, it will not last long though, it might take years, but once the confidence is back, I'm sure that we will bounce back and you will be glad that you stick on the market and didn't give up.

Yes we might have some years of losing interest. Just check google trends and you see the interest is just going down. And it will continue for a while. It's just part of how this seem to work

[#dhabitamartha]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

yes like this between the profit and loss of ordinary things we do not know the bitcoin weakened but we also confused to sell or survive is like a belief that we think alone but sometimes this makes people can make investment and waiting for it is a natural thing.

[piebeyb]

we only return to earth after we go to the moon, so we may be back again to the moon after halving happens later 2020, at least 1 year after halving that's all I can say, the price will remain stable below $ 10k currently take the opportunity to buy it cheap before we go back again to visit the moon 

[Flor1982]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

Not only Bitcoin currency is in difficult right now but the whole market in which Altcoins are included so therefore investors will not shift from Bitcoin to Altcoins but most of them shift to non crypto currencies investments in thats make the Bitcoin price continue to fall. If the crypto market will never shows a sign of progress then i believed that many more will leave this investment and this price drop will continue.

[Dr.Nina]

Many people in this platform invest to generate profit. The invest time to time at different price. Some time they invest to make profit and some time they invest to average their investment and reduce their loss. But still the investors are in fear of further fall of price. But I think time have come to use the bitcoin as a currency. Recent issues are very much positive for the bitcoin. It has been accepted by many country, company, e-commerce site and many online shop. So, we the user of bitcoin should try to bring the market confidence at this level where everybody encourage to use bitcoin as a currency, Where the price of bitcoin will be stable.

[waroenkshisha]

Actually as you can see the latest news that there is an issue in tue Korean exchange market. As you know that BTc already used as currencyfor transaction, but some hackers stolled the crypto currency from some customer wallet. The impat is a lot of customer impeach the crypto currency security. They seems lost faith of the cryptocurrency. We hope that some wallet will develop more secure wallet, therefore the investor will trust BTC again.

[Dudeperfect]

If you look back and have a look at the discussion after every correction phase you will find the similar mentality but Bitcoin has proved them wrong again and again. Bitcoin has emerged with the stronger momentum and we have experienced all-time high levels after almost every correction phase. Bitcoin is still in the early phase of development and hence I don't think that it is a right time to judge confidence or any other aspect of it at this stage.

[MedicineVNT]

If you are a bitcoin marketer and have a lot of investment in them then you must be confident as well as you can make many decisions that affect your own economic confidence is very good.

[kastara]

I think in investing no word bored and bitcoin in my opinion is one form of long-term investment, the same in the past when we retreat some time last year what about bitcoin but once in the year 2017 in the middle of the year bitcoin prices become all favorite and for returning to the original requires a process of return.

[hatha way]

I believe that the Bitcoin market and encryption will not stop. It will explode later this year. We must have strong knowledge and confidence about it

[Md.salauddin]

This could be possible. But I believe, Bitcoin has a huge community of supporters. No matter what, they will stick to Bitcoin till th end of the day.

[Seeker#9]

Prolonged decline in the price of the bitcoin may really lead in a loss of confidence in the cryptocurrency market but I believe that this setback is only temporary. A lot of investors are still holding their coins and they believe that the prices of cryptocurrencies will going to recover again at their own time just like in the past. I've been holding my own coins until now because I still believe in the bitcoin's ability to recover from dips.

[Boldcom]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

Bitcoin is notorious for its volatility, but Tuesday saw a noticeable reversal of the downward trend which has led the value of bitcoin to sink by over 60% from highs of just under 20,000 in December; since Wednesday morning GMT, Bitcoin’s value has been consistently over the $8,000 mark.  Although it may still be too early to tell if this reflects a long-term steadying in value or merely a momentary period of calm.

[hulla]

This is not the first time the bitcoin market will experience insignificant increase in price and impressed stagnant or dumped in price but it later surge. However, everyday is not Cristmas and a successful business must accept debt sometimes.. Besides, bitcoin was not the only crypto currency facing such price movement, so shouldn't jump into conclusion by choosing another coin as alternative and when things like this happened something good usually come out of it in the end.

[reighbut2017]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

Yes many people are now diverting their cryptocurrency investment from bitcoin to other altcoins that they think profitable becasue it's hard for now to trust bitcoin considering the price falls consistently.

[rabia_laskor]

Mainly most of the coin is infected for the price based on this BTC also suffering for the price so its normal when the market is down it will effect on the coins which are available in the market also this may be increased soon I guess based on the analysis so switching coin is not good at this moments.

[Virtual miner]

I read, 80% of the coins being dumped now are from long term holders, they want OUT!

There are more sellers but who will buy or mine Bitcoin at such high prices

I think what you heard might be wrong. If it was so then there would have been a massive dump and the price would have gone way more down that it has gone now. This might be just another temporary correction and we should probably wait another week or two to see whether the market gets stable or not.
If you see the history of BTC you can see that the same pattern repeats again and again. Once the wave has completed another wave starts and the prices starts shooting up. Just wait for the right time.

Exactly! In my opinion too this period of dump is jut another temporary correction in the crypto market and won't last any longer. But the thing is this is for the second time in a row occurred simultaneously. This consecutive occurrence of the dip in the prices of the bitcoin has let many people to lose their faith in the crypto market. That is why many people have sold their coins in the panic and the fear of a more significant fall in the value of the coins. But I think people should retain theor confidence in the market and opt for the HODL strategy because that would be profitable in the future ultimately.