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Author Topic: Will Bitcoin Restore it's Place in the Market?  (Read 372 times)
AliMan
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July 08, 2018, 03:10:14 AM
 #41

Bitcoin really made a tremendous ATH within a year which nearly reached 20k dollars. Many predicted but none saw the high price coming. Even though the market is down but still it's growth at 6000 plus IA still tremendous. I believe that Bitcoin will get back to its previous ATH but I don't think it will happen that fast. A crazy growth is coming that is what am sure of but when is what I can't say. Let's just be watching.
Actually I don't think if bitcoin has lost its place and for me it's just experienced a major trouble. You can't really say that it fell down because it's standing strong. As of now bitcoin is still number one in crypto system and despite its downfall it has remain its position. Fortunately no other system has a strong foundation like bitcoin yet.

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befriendmywater
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July 08, 2018, 03:47:18 AM
 #42

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.
Bitcoin will definitely increase again but it can not grow as strong as the end of 2017. That is not possible when the Crypto market capitalization is now too low and the world economy is in recession. So the whales have suffered a loss at this sensitive time, so the recovery of Bitcoin will also occur slowly.

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July 08, 2018, 04:53:26 AM
 #43

The popularity of bitcoin can continue to increase its value to continue growing and growing in the future. the more people using bitcoin in the community can boost its growth rate, because everyone who is able to use bitcoin will definitely be competing to get bitcoin, of course it can trigger the supply of bitcoin in the world and its value will be more valuable.
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July 08, 2018, 05:08:29 AM
 #44

Bitcoin really made a tremendous ATH within a year which nearly reached 20k dollars. Many predicted but none saw the high price coming. Even though the market is down but still it's growth at 6000 plus IA still tremendous. I believe that Bitcoin will get back to its previous ATH but I don't think it will happen that fast. A crazy growth is coming that is what am sure of but when is what I can't say. Let's just be watching.
Actually I don't think if bitcoin has lost its place and for me it's just experienced a major trouble. You can't really say that it fell down because it's standing strong. As of now bitcoin is still number one in crypto system and despite its downfall it has remain its position. Fortunately no other system has a strong foundation like bitcoin yet.

the problem and confusion comes from two things.
first is the fact that some people expect the price to always rise without ever coming down. but in any market prices go up AND down. at least for bitcoin the down part is smaller than the up part so the final result is always an overall rise. and we need these types of corrections to keep the market healthy. it sometimes gets out of hand and goes down a lot more than it should  like now and bitcoin becomes underpriced just like when it goes up a lot in a bubble and becomes overpriced.
second is the fact that there has been a lot of shitcoins that have been attacking bitcoin because they wanted a piece of this market so they created this illusion that they are taking the market from bitcoin whereas in reality they were just getting pumped and dumped.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 08, 2018, 05:17:45 AM
 #45

Well it has never lost it's place, didn't it? I think that bitcoin is more strong than ever and now there are less stupid investors on the market, those are good news to all of us and i am more than confident in the way that it all works now
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July 08, 2018, 05:27:41 AM
 #46

As we see that bitcoin is the first crypto currency and many people are doing transaction in this currency so i believe that bitcoin and other crypto will still grow inn the market and the price fall we have seen in the bitcoin will restoring and now the price is coming to growth so we can say that the bitcoin place in the market will live once again.

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July 08, 2018, 05:54:07 AM
 #47

Who knows, maybe we are already on the threshold of a bull market. Only yesterday, the overall level of capitalization of the Crypto currency increased by $ 13 billion. Today, bitcoin, according to CoinMarketCap, is $ 6,832, although yesterday it was more than $ 6,600. This is a good daily rise of bitcoin. Maybe this is just the beginning and the market, finally, will start to rise?
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July 08, 2018, 05:58:17 AM
 #48

Well that is what we hope for and that is what i am sure this entire community wants to see on Coinmarket Cap in some days to come but the thing is i am not sure anybody can say emphatically that the price of bitcoin would increase to its previous price on any specific date. Right now the rumour out there is that the bull run of bitcoin will surely take it to its peak so let's wait and see the surprise from bitcoin once again.

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July 08, 2018, 08:06:36 PM
 #49

I have seen a several post about this topic, we all know things changes very easily in this place so of course there is a possibility for bitcoin it can definitely have its place back in fact I think it never lost its place it just facing a bad time so I hope people will understand this kind of up and down is normal
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July 08, 2018, 08:20:00 PM
 #50

It is expected for bitcoin to regain its previous position in the market. but with all the alt coin existing in the market it will be tough. New investors will be more keen in investing in the alt coin which is rapidly rising instead of bitcoin which might rise. yet the speculation of some older investor is that bitcoin will rise, regardless as the market is very unpredictable.
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July 08, 2018, 09:37:34 PM
 #51

A lot of things can be achieved in a matter of time, Bitcoin can go on and reach a higher price than it did last year all it will take is time and people trusting in it.

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July 08, 2018, 09:45:50 PM
 #52

I am so confuse...when was the time any crypto replace btc in volume or price in the market? I believe crypto in general is a little unpopular right now, many newbies got crashed and burned investing at it's it's ath last December and look at the price now less than 65% thus a lot of them  swearing not to get involved in crypto but then again if we can prove to them (and soon I'm positive we can) that crypto and blockchains are worth investing too then market will boom again and better ecosystem for cryptoworld.

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July 09, 2018, 09:38:19 AM
 #53

bitcoin does continue to fall to date and has not shown any significant increase. but I still believe when bitcoin will come back down again, then at the end of the year the price will go up.

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July 09, 2018, 11:14:38 AM
 #54

Of course it will btc is one of the biggest crypto currency in the world.Its just for now that bitcoins place in market isn't good but that will change in the near future don't worry.

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July 09, 2018, 11:56:03 AM
 #55

What does the place of bitcoin in the market mean? It is now taking its place in the market. Bitcoin has always been and will be the number one. It has an impact on the entire cryptocurrency market. Perhaps you meant the price of bitcoin? I think he will not only recover but will go up. Just wait.
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July 09, 2018, 01:39:25 PM
 #56

We do believe bitcoins to be the number one in the market even with all the hurdles it is currently facing. This is because with more than 1500 coins in the market, and bitcoins being the first ever coin to enter and is able to give a head on competition proves that it will be a tough competitor to beat.
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July 09, 2018, 02:04:56 PM
 #57

bitcoin has never lost its place on the market to want to restore it now! it is the same place it has always been... on top as the same scarce decentralized currency that everyone wants to have more of.

as for its "glory", nothing has changed. it is just your views that have changed because price is not constantly rising now. so you are surprised now to wake up each morning and see price is still $6k instead of being $7k, $8k, ... every day!

That’s true, and this has made the others have some doubt over the price of bitcoin. Since the price is not at an upwards trend, people have been scared that bitcoin will no longer attain the former ATH it has reached just last year. Others speculate that by the end of the year it would reach an entirely new and ultimate ATH but no one can really tell. The price trend may be different but there is still glory to it because it’s still way off high.
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July 09, 2018, 04:42:52 PM
 #58

I will tell that it is very hard to predict the exact one. But I hope that BTC will be able to recover and I believe that it will happen within the end of 2018.
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July 09, 2018, 07:39:20 PM
 #59

I will tell that it is very hard to predict the exact one. But I hope that BTC will be able to recover and I believe that it will happen within the end of 2018.

I am not surprised tosee one more user waiting for the end of year assuming that bitcoin will raise massively like it did last year I mean the end of 2017 and even I am hoping for the same bull run let's hope for the best and let's have faith in bitcoin.

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July 10, 2018, 10:32:45 AM
 #60

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

So I take that these "some" people are implying that the glory of Bitcoin is based on its price? This is a wrong perception about Bitcoin and could affect someones point of view about the entire network. How come that a glory about a coin depends on its value? This is illogical and at the same time, idiotic.

Bitcoin is still the dominant coin in the market, has the top market cap, has most trust from the community, the alpha coin of all cryptocurrency. This is the metric for "glory" not the price.
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