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Author Topic: Can't we accept bitcoin is going through developmental stages  (Read 548 times)
Indrawan77
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August 06, 2018, 12:26:55 AM
 #21

I agree, many people only consider bitcoin as an asset and keep on demanding the price go up, but bitcoin never intended to become an asset, people should put more focus to develop bitcoin into a currency and now bitcoin is through a lot of development so it can be accepted as currency
BitCoinGuy10
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August 06, 2018, 12:28:03 AM
 #22

Bitcoin is going through developmental phase, also known as the introductory phase in the product cycle, before entering into a growing stable state. Highs and lows are a part of introduction,and we all need to accept that. Everyone makes their own decision, so the choice is yours if you want to invest on bitcoins.
phanquan5111994
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August 06, 2018, 02:34:44 AM
 #23

Hello!!!
I agree with you!!!
Bitcoin still has many revolutionary features !!!
Currently, most Bitcoin users are young and do not have much experience in this field.
People run the trend is more than investors !!!
I believe Bitcoin will be stronger and more comprehensive in the long run.
pooya87
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August 06, 2018, 03:08:20 AM
 #24

everyone will eventually accept it, like they have always done. it is just that right now there has been a lot of newcomers and they are blinded by the price and they are thinking that is all there is to bitcoin. ignoring all the benefits of bitcoin apart from monetary gain, they start believing in the FUD talking about bitcoin's death like the hundreds of times that the same thing happened before to other newbies who are now mostly veterans among us.

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coindinator
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August 06, 2018, 12:45:08 PM
 #25

Bitcoin will definitely be fine in the coming months or years. Only short-sighted people are worrying and FUDing each other.
bontkoli01
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August 07, 2018, 11:52:15 AM
 #26

Bitcoin is definitely going thorough some developmental phases before entering into a stable and risk free state. During the developmental phase there will be highs and lows and we all need to accept that. Afterall, no one is forcing people to invest on Bitcoin, everyone makes their own decision. Don't know why people rant about prices going high or low.
enthusia
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August 07, 2018, 12:02:09 PM
 #27

Truly it is but still we must always consider that matter towards bitcoin since thats the way how the market works. If a deeper appreciation regarding bitcoin occurs, I think the price's volatility wherein we expect much eventhough its logically uncertain beforehand, won't be a big deal anymore.
BorisVirla
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August 07, 2018, 12:17:40 PM
 #28

Yes, of course everything goes through its life cycle, but there is also the last stage - the end.  Here the main thing that there was no this stage.
harrypot
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August 07, 2018, 12:32:46 PM
 #29

Without getting stable we cannot say that BTC has reached its ultimate stage. The fluctuations that are happening with price of BTC since last year's beginning has definitely put it into a developmental phase with might continue for a long time in future unless the governments take a hold of it or BTC itself comes to stagnant stage where there won't be any speculations regarding the pump and dump state it is currently in.
Awhore
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August 07, 2018, 12:38:11 PM
 #30

A few downward slope is always expected per time, and no one is expecting BTC to shoot up to the sky in value each passing day but at this point i think the people expects a considerable state of stability; the falling rate is just too high. But at the end of the day it is a volatile currency, so expect just about anything.
coindinator
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August 08, 2018, 12:51:13 AM
 #31

A few downward slope is always expected per time, and no one is expecting BTC to shoot up to the sky in value each passing day but at this point i think the people expects a considerable state of stability; the falling rate is just too high. But at the end of the day it is a volatile currency, so expect just about anything.
We fail to see where btc is currently and only look at what we want or expect it to be. Barely a year, BTC was $2k
JasonRosado
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August 08, 2018, 02:16:49 PM
 #32

Bitcoin will go through such stage for a long time in the future till it overcomes all its shortcomings and becomes stable once and for all. Having fluctuations above 10% on a regular basis definitely puts it in a phase where it is not stable at all and there will be a time when it will show signs on stability before becoming stable permanently. Till then it will remain in developmental state.
RAinery
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August 08, 2018, 02:57:23 PM
 #33

Many people spread the word FUD to make a profit and lower the price of bitcoin then that's when the contractors will buy bitcoin coins. But that is only part of the influence for bitcoin. At this time bitcoin is experiencing uncertain ups and downs. But until now everyone has understood more about bitcoin. So I think the FUD news will not affect the price of bitcoin in the future.
angelakrasnova
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August 08, 2018, 03:05:23 PM
 #34

I agree that for all the crypto market for 8 years this is very small! The development of the crypto market takes very little time, and we are at the very beginning of this long and beautiful journey! now the main task is the legalization of crypto coins around the world. After legalization - the development of the entire crypto industry will start at a rapid pace!
Dexion
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August 08, 2018, 03:27:02 PM
 #35

we are always waiting for the development of bitcoin. we must be patient to improve the market. and this is not easy.

you are right, that fiat must also go through a long stage to be stable, but I think that fiat and bitcoin are not the same. bitcoin is not a stable currency.

so, the development of bitcoin can become faster or become longer.

OffGrid54
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August 08, 2018, 04:50:46 PM
 #36

Bitcoin will keep fluctuating which it has been doing since its introduction stage, since the fluctuation is something we can't control so it is safe to call it a developmental phase for bitcoin. When BTC will become foolproof of any manipulation and fluctuations which are caused by the whales then it will definitely reach a maturity stage.
MightyTulip32
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August 08, 2018, 05:16:29 PM
 #37

Bitcoin hasn't really reached a state where we can call it safe to invest on. It is showing fluctuations and manipulation everyday. Once we get rid of this situation I would definitely call it a maturity state. Till then, what you said is right, it is in developmental phase.
NavigateSamurai055
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August 08, 2018, 05:29:53 PM
 #38

Those who understand the crypto market, will understand the pattern. Fluctuation is quite common for a cryptocurrency because they are not stable it.
DrYe5
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August 08, 2018, 05:36:04 PM
 #39

Bitcoin is already at a good stage when it comes to the functionality of the coin. As far the level of price is concerned, that is happening from our end. Given we have recently pulled out our investment and has caused the demand to fall.

But it still needs some development stages to go through till we can say that this coin could be use in every day acitivities, for me it will take some time for that changes to happen.
btyco
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August 08, 2018, 05:43:44 PM
 #40

It is definitely developing everywhere judging on the number of ATM machines popping up all over the globe. It will make global travel easier if you can just withdraw cash from btc rather than looking for a bank for foreign exchange. It's a sign of things to come

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