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Author Topic: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN?  (Read 4136 times)
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October 01, 2018, 02:38:40 PM
 #601

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
Bitcoin is almost 10 years old already and still holds the first place by market cap and price. So I don't really understand why people should lose confidence in btc.
Apart from that, bitcoin proved to be relatively stable if compare with some alts that lost several hundred percent of their value immediately after ICO.

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October 01, 2018, 02:41:56 PM
 #602

Bitcoin gained the confidence of the people and the eminent proof is the market capitalization and its status of being the top at the coinmarketcap, since it is the father and the king of all the cryptos, the price might be unstable and decreasing but the market capitalization remains firm and large in volume.
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October 01, 2018, 03:23:32 PM
 #603

Once you have understand of a thing, having confidence in bitcoin is made possible through the understand gained of how market play out. Those who lost confidence in the market does not have or have not grab the understanding about bitcoin yet. The track records of the past from when bitcoin was birth to date and considering all the past events of movements of bitcoin someone can easily conclude that current Bear market is just for a moment bitcoin will spike again.
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October 01, 2018, 04:57:49 PM
 #604

giving up is not the right step, the most appropriate step is that we keep trying to be sure and optimistic that we will become successful people. and don't give up easily in doing something, because there is nothing impossible in the world as long as we keep trying and optimistic and eliminate the feeling of being specific.

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October 01, 2018, 05:21:40 PM
 #605

Because for those who are just investing money when bitcoin is at the highest price, they feel very disadvantaged by the chaos of the crypto market which has drastically decreased. But for those who have played for a long time with bitcoin is not a problem with the market situation that is still not recovering, they still believe that the cryptocurency market will recover.
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October 01, 2018, 08:32:46 PM
 #606

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
Some is not and some is yes, bitcoin now has a low value a, users are depending in the value of bitcoin because it is the reason why they are using bitcoin. Users who are confident has a patience and understanding because they still believe and giving they trust to bitcoin that it will increase again.
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October 02, 2018, 03:09:46 AM
 #607

For me, those people who doubt bitcoin is those people who don't have time to know and understand this amazing creation. They only think for the profit they will get in bitcoin investment. But bitcoin is more than just an investment, it has a big potential for an effecient and low cost payment system worldwide. Bitcoin is the top traded crypto means that people are still have confidence in it.

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October 02, 2018, 03:43:12 AM
 #608

Of course, as long as you can see that the price is resisting its downfall.

Many big investors trust this technology and thats why most of them are playing the price because they want others to be afraid and sell their parts on lower prices and then buy more.

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October 02, 2018, 03:57:04 AM
 #609

Yes, and the coinmarketcap is the proof. You guys aren't visualizing enough what the future would be after a few years. Just research on how many countries are now turning into crypto like bitcoin and eth to back their financial reserves so it would boost your confidence much more.
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October 02, 2018, 02:43:57 PM
 #610

The trust is there and the proof is on the marketcap, Bitcoin remains at the top and no other coin surpass that status. If you look and understand the graphs and capitalization of Bitcoin, then you would probably not going to have any doubt about Bitcoin since the statistics speak for this currency.
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October 02, 2018, 11:37:18 PM
 #611

This turned out to be a real long bear market, I am not sure how many people will be able to take it. There are many weak hands.
On the plus side, Google enabled commercials again Smiley
I believe that there are still so many people are really confident in bitcoin, and even the value of bitcoin will drop into $5k i will not stop supporting it because this is the strongest cryptocurrency and i know it can have a price above $15k soon.

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October 03, 2018, 02:50:15 AM
 #612

Yes alot of people still have confidence in bitcoin because the prices of bitcoin in start of 2k18 at his top and than slowly drop down but the people very confident and they are sure that bitcoin recover himself and again price higher.

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October 03, 2018, 03:05:53 AM
 #613

Yes alot of people still have confidence in bitcoin because the prices of bitcoin in start of 2k18 at his top and than slowly drop down but the people very confident and they are sure that bitcoin recover himself and again price higher.
everyone's hope that the value of bitcoin is growing in the future, everyone sees the price of bitcoin in 2017 is very high, so all believe bitcoin will still be the best coin and can rise past the highest price in the previous year. the point is that people still believe in bitcoin is that bitcoin still has value and can provide profits.
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October 03, 2018, 07:13:33 AM
 #614

Absolutely. We cannot deny the fact that whatever circumstances the crypto market faces, most people [including the rich and famous in the society] still unquestionably lay down their belief in bitcoin. I actually believe that bitcoin is something that we should not easily give up on. For me, bitcoin opens that window of opportunity in finally achieving or fulfilling my dream of having that comfortable life when the proper moment allows it. I am positive that, that favorable moment is bound to happen sooner than we thought.







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October 03, 2018, 07:29:38 AM
 #615

We at Bitssa.com believe that the confidence in Bitcoin is not going to fade away and only for those who have complete knowledge on the subject and who are aware that bitcoin is the result of a highly secure technological marvel called the Blockchain and it is here only to stay. But those people who are losing confidence in it are only those skeptics who have no knowledge about Bitcoin and the advantages of having a value storing digital asset like bitcoin. Sooner or later they are going to realize that how secure, quick and cost-effective it is to use Bitcoins. And it can be seen from the recent trends that Bitcoins are being accepted in many countries for its aforementioned advantages. In many countries, Bitcoins are being accepted as an alternative mode of payment. There are Bitcoin ATMs that are facilitating the sale and purchase of Bitcoins for the common man. Some countries like the Philippines are accepting Bitcoin for Airlines and as school fees. So, slowly and steadily Bitcoin is gaining the confidence of the global economy. As far as volatility is concerned, it is only a matter of time that Bitcoin will gain stability once it gets incorporated in the global financial ecosystem.
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October 03, 2018, 07:34:07 AM
 #616

It's easy to talk about the accumulation of extra money, but it isn't fun, especially when your property portfolio drops 80% and you have nothing else to invest. If you are a maximalist, but you are having trouble wondering when electronic assets like Bitcoin will rise again, this is the time for you to act. The accumulation doesn't stop when the trading floor. In fact, it is a work that needs to go through the year, as a stepping stone to boosting growth as the market recovers. Finding a job related to electronic money is also a way for you to accumulate satoshi when their prices are still low. Just spend the money you need to stay and keep the rest of the money safe until the season. Altcoin or Bitcoin again. "Life changes very fast. If you do not stop and look around you, you will miss your life. "Electronic money won't go anywhere. When you are ready to make it your love, it will continue with you
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