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Author Topic: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN?  (Read 4189 times)
Gary Menezes
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September 16, 2018, 02:54:35 PM
 #201

Indeed, some months ago, a huge number of people have no confident in Bitcoin. This can be made proof by selling BItcoin of investors. Obviously, it is not good situation for the cryptocurrency market because whenever Bitcoin will end. In short, investors should calm down and wait for future.
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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Kathleen Rego
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September 16, 2018, 02:55:40 PM
 #202

I think the confidence of investors depends much on their experiences in this cryptocurrency market. As you know, the variety of fluctuating in price is natural phenomenon. Everything is also like that. However, many people don't completely think so, they are panic in order to sell all of their BItcoin. And of course, other people can buy it with low price. As a result,  investors can make profits from panic sellers.
Timothy Taylor
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September 16, 2018, 02:57:00 PM
 #203

Personally, I say yes. Because, now, there are more and more people who buy Bitcoin. Easily understanding, the price of Bitcoin is low, they have a chance to make profits when the price becomes higher. Obviously, they are only confident in Bitcoin, they dare to invest more in it.
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September 16, 2018, 02:58:35 PM
 #204

True.
I have seen this back and forth and it will just happen again.
There are just too many people who dont have any patience now. Specially the new ones. They came investing into bitcoin looking for a fast way to earn money which is wrong.
They thing it will bounce back that fast to 20k usd which did not happen again and worse it goes way below half of its price.

The strong will survive. I will just wait for the moment that it becomes valuable and enjoy every satoshi of it.
Goodnuel
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September 16, 2018, 03:21:01 PM
 #205

 No, people haven't lost their confidence in bitcoin, even though the markets are down, there ares till millions of people who deal and trade bitcoin daily.. Truth is, the markets are down, and people are just hanging and waiting, which is normal in a lot businesses today. It doesn't mean they lost their confidence in bitcoin.

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September 16, 2018, 03:28:13 PM
 #206

Of course, people support and invest in bitcoin because they have confident not just because they want to they know the potential in it and even if its price drops I guess they will stay loyal to bitcoin and hodl it as they can the dips on bitcoin is just a small problem and nothing to worry about and if they lost confidence and sold off their bitcoin it will be their greatest regret of their whole life.
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September 16, 2018, 03:40:24 PM
 #207

I may think that 10% have already knew about crypto and its purpose, and mostly of them are investors. Those people(investors) have a huge help of crypto cause without them, it surely crypto never exist. They aren't leaving to us but they might lessen their investment due to long days of market fall and they might be using it for their other investment(real stock). Of course, it might affect also their confidence and trust into crypto.
yamete kudasai
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September 16, 2018, 03:58:55 PM
 #208

Totally many people have still confidence through the principles in bitcoin . They don't give up hoping to give the benefits of bitcoin to them they still investing to those people said that they give a lot just ot gave their money but actually not and go to scam.
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September 16, 2018, 04:13:46 PM
 #209

It is normal to panic when things are not in order. Nevertheless it is not good to loose hope in crypto currency just because of the situation of the price as a result of negative news. We are to be encourage for bitcoin has come to stay and the market would soon boom again.

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September 16, 2018, 04:29:18 PM
 #210

Investor confidence in bitcoin will always be there even if the market is down, only they are waiting for the right time to buy or sell
colvis
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September 16, 2018, 04:31:08 PM
 #211

Yes I think they do..
As for me I have confidence in it, if there is no confidence in bitcoin then price could have dropped more than the way it is changing right now.
NelfiNovita
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September 16, 2018, 04:43:29 PM
 #212

Why are many disturbed about the  drop in the price of bitcoin  Cool. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  Roll Eyes

of course they feel disturbed by the fall in the price of bitcoin because they think all their dreams will fade as the price of bitcoin falls. I think they need encouragement with someone like you so they can get back up and trust bitcoin again. Hopefully the price of bitcoin is stabilizing and people believe it again.

TechnoX_X
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September 16, 2018, 04:45:04 PM
 #213

Why are many disturbed about the  drop in the price of bitcoin  Cool. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  Roll Eyes
Trust in a business is very important indeed. We really need to hold back a little longer when we know the price is down. This is not the end of Bitcoin and digital asets, but this is the beginning of the beginning of an infinite triumph in the future.  Grin
CryptoGuro1
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September 16, 2018, 04:51:14 PM
 #214

I have huge confidence in bitcoin, this space is going to revolutionize the world. I believe bitcoin will be in excess of 50k in a couple of years

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September 16, 2018, 04:51:51 PM
 #215

Yes! this is not the end of everything, and this is not a reason to give up on things. Not always will bitcoin continue to be low, I guarantee the price of bitcoin in 2020 touches $ 20,000USD. This kind of thing doesn't need to be doubted.

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CryptoGuro1
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September 16, 2018, 05:00:38 PM
 #216

This is natural, the people who bought high have all but left this market now- natural human emotion. This is nothing more than the emotional cycle playing out. The vision is still there by many, but the majority wont re-enter until price spikes up

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BartS
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September 16, 2018, 05:26:13 PM
 #217

People's confidence in Bitcoin has dropped as a result of the market downturn.
If the confidence of people in bitcoin has dropped just because the price went down then they do not deserve to be in this market, bitcoin is a lot more than its price and if you take the time to read about it and understand more about what bitcoin is about you will see that bitcoin is one of the best technologies invented in the last years, it's impossible that is not going to become successful and yet those people doubt about what bitcoin can do.
JustinMoser
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September 16, 2018, 06:19:54 PM
 #218

Yes, people still believe in bitcoin and also they are very much confident that it will again reached to that position from which it fall and this time it will reach upper than that position.
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September 16, 2018, 06:24:41 PM
 #219

yes,we still belive in Bitcoin.

But not the FIAT value of Bitcoin. the technology that bitcoin makes famous will be the future.

and usefull alt coins will be in future as bil companies
ScottDominic
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September 16, 2018, 06:25:31 PM
 #220

Except those who know the market I don't think general people still have their confident on bitcoin after this kind of big fall down.
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