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Author Topic: Stop being pessimistic. The potential of bitcoin is still immense!  (Read 486 times)
markint (OP)
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September 16, 2018, 10:52:00 PM
 #1

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
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September 16, 2018, 10:59:08 PM
 #2

There's too many newbies on board yet. The hate for bitcoin must be real, we need to see all the casuals that entered in the last FOMO season out, because these guys aren't thinking rationally, they don't understand the fundamentals and they don't therefore understand the inherent value of bitcoin.

Of course bitcoin is insanely tiny compared to what it is and where it should be. I mean Jeff Bezos' fortune is bigger than bitcoin, how stupid one would need to be to not see how insanely undervalued bitcoin is? very, and these are exactly the type of people we need to see dumping. Once they are all out we'll go for a new all time high as the smart people that see these facts are waiting for that to happen to enter the market.
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September 16, 2018, 11:01:31 PM
 #3

Unfortunately as it is with everything, not everyone has enough foresight to see the potential of Bitcoin and Cryptocurrencies in general. Most people are stuck in a close–minded, short–sighted vision that they are unable to sense what they are participating in to—they hurt themselves as well as the crypto world. Those very few who have the mindset to think long term are usually the 'early adopters' who win big in the end.  

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September 16, 2018, 11:07:45 PM
 #4

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Spreading positivity on bitcoins worth in the global economy is what all we need while we're here in this community.I agree with you mate we still have a long way ahead of us.Theres no need to panic and to be pissimistic i think lets just enjoy the ride of being a part of this community.
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September 16, 2018, 11:12:13 PM
Last edit: September 17, 2018, 02:18:15 AM by mklost
 #5

Though you are right but it is not unnormal to be pessimistic! People are losing money, some people lost their total investment because of the high fall down of the bitcoin price! Then what should they do? HODL tight and patience? Yes, they are doing from the January month and every month they were losing their money in front of their eye! When will market pump? at the end of the year? No way! So, they know everything but still, some people being pessimistic and that is normal.
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September 16, 2018, 11:12:19 PM
 #6

It's an important point that everyone tends to forget because it's something that works so well:

Bitcoin is still effectively in beta.

People spend so long fixating on the price swings that they totally forget about how much stuff is still on the to-do list.  A 0.x version generally denotes software that isn't deemed a full release candidate yet and the latest Bitcoin Core is 0.16.2 so clearly still beta software.  Lightning is also very much in early beta.  There's so much more to come.  People need to be patient.

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September 17, 2018, 03:27:07 AM
 #7

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy.

the "crypto market" consists of bitcoin and about 2000 altcoins which 95% of them are pure shitcoins. so you can not start a topic by saying "bitcoin potential is immense" and then follow it up with talking about the crypto market as a whole! bitcoin having potential means bitcoin will grow in the future and it has nothing to do with the growth of others or lack thereof. majority of the altcoins can not have a sustainable growth because of all the flaws they have and also the fact that majority of them are pump and dumps.

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September 17, 2018, 05:55:36 AM
 #8

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Yes, it doesn't help being a pessimistic for it will pull us down. The growth of the market is in our hands being the believers of bitcoin. Let us spread that bitcoin is still immense in the crypto world!
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September 17, 2018, 06:05:15 AM
 #9

There's too many newbies on board yet. The hate for bitcoin must be real, we need to see all the casuals that entered in the last FOMO season out, because these guys aren't thinking rationally, they don't understand the fundamentals and they don't therefore understand the inherent value of bitcoin.

Of course bitcoin is insanely tiny compared to what it is and where it should be. I mean Jeff Bezos' fortune is bigger than bitcoin, how stupid one would need to be to not see how insanely undervalued bitcoin is? very, and these are exactly the type of people we need to see dumping. Once they are all out we'll go for a new all time high as the smart people that see these facts are waiting for that to happen to enter the market.

The fact is that we need both strong and weak hands to help support this market because the weak hands outnumber the strong hands by a big margin. More and more people need to continue investing into this market to help it grow. We have no idea when the market will explode again, but all we can do is encourage others to check out this market and see if they like it. Bitcoin adoption will continue to increase with time which is why I am not really concerned about this honestly.

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September 17, 2018, 06:05:27 AM
 #10

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

So which articles are those? Source..  Huh Many countries does not acknowledge Bitcoin as a currency, so I am curious. The problem with Bitcoin investors these days are the fact that everyone is expecting a repeat performance of 2017 and now that it is not performing in the same way, people tend to trash it with pessimism.

In the beginning it was all about the technology and lately it is all about price.  Roll Eyes

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September 17, 2018, 06:08:21 AM
 #11

There's too many newbies on board yet. The hate for bitcoin must be real, we need to see all the casuals that entered in the last FOMO season out, because these guys aren't thinking rationally, they don't understand the fundamentals and they don't therefore understand the inherent value of bitcoin.

the problem is that the 2014-2018 FOMO's are now riding a train they think they need to convince others to jump onboard so that they can jump off..
they over promise and underadvise. they spout a utopian dream but not the reality. and as such many newbies want a utopia but find that the devs are saying blockchain is broke and only counter pary signing accounts are the future.
thus get dis heartened.

we really need to get rid of the paid devs who are stiffling bitcoin to push in the other networks of banking 2.0 .. to reinnovate bitcoins mainnet for mainnet use. and reinvigorate the maiin net utility. then bitcoin will grow like it was doing years ago

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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September 17, 2018, 06:12:10 AM
 #12

Lightning is also very much in early beta.  There's so much more to come.  People need to be patient.

lightning is not bitcoin
lightning is a separate network that will be used by multiple coins.

but after the mega laugh i had about your twisting of crap in the other topic earlier. i see you stil not ready to learn. so go in peace and have fun.
but.. please do try to learn the fundementals atleast for your own sake

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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September 17, 2018, 06:21:49 AM
 #13

I think all the pessimists-it's just beginners who bought unsuccessfully last winter and now lose money. They do not understand that the price drop is temporary and bitcoin is still great.
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September 17, 2018, 06:53:21 AM
 #14

Lightning is also very much in early beta.  There's so much more to come.  People need to be patient.

lightning is not bitcoin
lightning is a separate network that will be used by multiple coins.

Technically it is not a "network" or "off-chain. All it is are coins stored in a multi-sig wallet and all "transactions" are stored locally before the latest state of your channel is broadcasted in the Bitcoin network like a normal on-chain transaction.

It is not something you are gaslighting it to be.

Quote
but after the mega laugh i had about your twisting of crap in the other topic earlier. i see you stil not ready to learn. so go in peace and have fun.
but.. please do try to learn the fundementals atleast for your own sake

Then mega-laughs on you too for twisting and gaslighting in different topics.

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September 17, 2018, 06:56:32 AM
 #15

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Yes, we will just wait for that. We must not think of a negative one for we all know that crypto currency is the new ways to cope with the new world whose technology always in progress.

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September 17, 2018, 07:08:29 AM
 #16

To hell with all the pessimists. The main thing that we know about the potential of bitcoin and understand that its future is huge, and the rest let them continue to lose their money trusting banks Smiley

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September 17, 2018, 07:13:06 AM
 #17

It's an important point that everyone tends to forget because it's something that works so well:

Bitcoin is still effectively in beta.

People spend so long fixating on the price swings that they totally forget about how much stuff is still on the to-do list.  A 0.x version generally denotes software that isn't deemed a full release candidate yet and the latest Bitcoin Core is 0.16.2 so clearly still beta software.  Lightning is also very much in early beta.  There's so much more to come.  People need to be patient.

to be fair bitcoin core is not bitcoin, it is one of the implementations of bitcoin protocol and it happens to be the reference implementation and also still be in beta after 9 years but I don't think we can also consider bitcoin itself as a protocol as being in beta. bitcoin is young but is a solid protocol that has been thoroughly tested and battle hardened.

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September 17, 2018, 07:19:38 AM
 #18

I feel sad at this time, and I have doubts about the condition of my account.
But I still want to learn a lot about bitcoin, bitcoin does have a very large potential and is indeed worth maintaining.
Bitcoin travel is still long and must be able to develop and provide many benefits.
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September 17, 2018, 07:23:06 AM
 #19

The crypto market is definitely a baby and a good deal of crypto users have arrived during the boom on last year... most focused only in quick cash and the idea they would be rich after a few months...
It is natural that people do not understand what they are doing and dehave like impacient brats...

Bitcoin has a lot of potencial and growth margin, and with the growing digitalization of the world everyone can see that crypto will be the future, even if it is not BTC, but some other to prevail


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September 17, 2018, 08:05:22 AM
 #20

As far as I'm concerned, Bitcoin is yet to show its true potential. It still has to surpass the stage where everyone recognizes its different applications and not just focus on the negatives. Pessimists will always be there, but we can help drive the numbers down by educating or sharing with others the endless advantages of crypto  Smiley
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September 17, 2018, 09:06:55 AM
 #21

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

Its true that bitcoin is at early stage and still 9 years old. Need more time for growing. No investment can grow like bitcoin that give you profits more than 1000% in just one year in 2017. I am believe long term investment for bitcoin is good choice and when people start have knowledge about bitcoin, the price will increasing

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September 17, 2018, 09:24:00 AM
 #22

Yes indeed. Currently, all the advantages of working with crypto-currencies are studied and people learn to use them with benefit for themselves and others. I am confident that over time, crypto currency will increasingly become part of our lives.
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September 17, 2018, 09:32:10 AM
 #23

Give the bitcoin sufficient time and you will see it coming on the track soon and giving everyone what they deserve according to their investment made into it. Bitcoin is still young technology which is not fully understood by the world. All they know about it is just a crypto coin which has got "good value" or "bad value" and its volatile one. Thats all, that is what most of the common people think about it. Bitcoin's potential will be explored to the moon level as soon as more and more technician fall into this field and explore different aspects of the same. Its all about the time!

 
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September 17, 2018, 09:33:24 AM
 #24


 Finally a thread with some positive views on this space  Cheesy
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September 17, 2018, 10:16:01 AM
 #25

It's an important point that everyone tends to forget because it's something that works so well:

Bitcoin is still effectively in beta.

People spend so long fixating on the price swings that they totally forget about how much stuff is still on the to-do list.  A 0.x version generally denotes software that isn't deemed a full release candidate yet and the latest Bitcoin Core is 0.16.2 so clearly still beta software.  Lightning is also very much in early beta.  There's so much more to come.  People need to be patient.

to be fair bitcoin core is not bitcoin, it is one of the implementations of bitcoin protocol and it happens to be the reference implementation and also still be in beta after 9 years

True enough, I was just too lazy to look up the latest version numbers for other clients and Core just happens to be at the top-left of the page.   Cheesy

Armoury is 0.96.0, so based on their version number, they might still see it as beta software
Electrum, conversely, is up to 3.2.3, so based on that, they probably view it as more of a full release

It will definitely vary from one group of devs to another.  They'll naturally all have different ideas about how "complete" their implementation is.


but I don't think we can also consider bitcoin itself as a protocol as being in beta. bitcoin is young but is a solid protocol that has been thoroughly tested and battle hardened.

It's certainly an arguable point.  Most of the current end-users probably see it as, effectively, a finished product, but many devs might still see these as early days because they've still got loads more ideas they want to explore and, perhaps one day, implement.  However, while it might be easy for current, moderately tech-savvy, users to take for granted, Bitcoin still isn't quite user-friendly enough for the average person to deal with yet.  There are certainly custodian services that simplify things, but that's not what I think of as "proper" usage.  Because of that, I personally still tend to lean more towards it being in beta.

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September 17, 2018, 10:19:41 AM
 #26

That's exactly what i always want to talk to holder. Bitcoin is still developing, there is nothing can stop its development. So i think you can believe in bitcoin and don't be pessimistic
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September 17, 2018, 10:21:48 AM
 #27

There's too many newbies on board yet. The hate for bitcoin must be real, we need to see all the casuals that entered in the last FOMO season out, because these guys aren't thinking rationally, they don't understand the fundamentals and they don't therefore understand the inherent value of bitcoin.

Of course bitcoin is insanely tiny compared to what it is and where it should be. I mean Jeff Bezos' fortune is bigger than bitcoin, how stupid one would need to be to not see how insanely undervalued bitcoin is? very, and these are exactly the type of people we need to see dumping. Once they are all out we'll go for a new all time high as the smart people that see these facts are waiting for that to happen to enter the market.

Great point mate since this crying babies in our community are those who enters the cryptocurrency without actual knowledge on what they are engaging for,maybe these are being encouraged by friends or love ones without briefings on what they facing,but the promise of becoming rich and i hate this ideas because we are responsible in our own money so we must be aware of where to spend if valuable or just a gamble.
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September 17, 2018, 10:38:15 AM
 #28

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

I think you are overdoing it by saying Bitcoin has replaced many fiat currencies. If Bitcoin replaces fiat money then the country is not using paper currency and I have not heard the news that Bitcoin has replaced a currency in a particular country.
But I also hope that, Bitcoin can replace the Fiat currency. If Bitcoin can replace the Fiat currency other countries need not center on the dollar. I believe the global economy will be evenly distributed and developing countries like my country will prosper if they no longer focus on the dollar.
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September 17, 2018, 10:56:01 AM
 #29

The growth potential of bitcoin is quite enormous therefore we should not be in a rush to reach the desired destination. At some point, the price will fluctuate. Often times when I hear people impatiently say that this is the end of bitcoin, I smile at the level of ignorance being demonstrated
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September 17, 2018, 11:03:34 AM
 #30


 Bitcoin reminds me of the early days of the internet, or black and white television. Still so much to be explored
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September 17, 2018, 11:50:23 AM
 #31

We can't predict the future of BTC. What is the price of it? Still need market testing, now BTC is still ranked first!
If the US Securities and Exchange Commission approves the application for the Bitcoin ETF, the BTC will grow substantially!
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September 17, 2018, 01:11:16 PM
 #32

I definitely agree with OP as I believe that people should not doubt about btc as this had proven so many times to the investors what it's capable of. BTC had proven to the investors when it had skyrocketed last year where it had almost reached the $20K mark. With the current btc dip, my opinion is that btc is undergoing correction in preparation for another expected bullish market within the Q4 this year.

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September 18, 2018, 10:44:56 AM
 #33

The market of crypto currency is at the initial stage of the change, the sharp rise in prices is explained by attracting more people and that bitcoin was at everyone's ears.
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September 18, 2018, 12:22:16 PM
 #34

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

I agree to the topic. People should stop being negative about the circumstances of bitcoin. If we keep on doing that then we never be satisfy about the situation of it. We will never be happy about the price of it in the market. Bitcoin is now growing. It is now becoming more and more successful as time pass by. So we must support it and try to think optimistic about the future it may have.

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September 19, 2018, 06:02:54 PM
 #35

It is not unusual to always find people who always believe that bitcoin will ever remain bullish. This is not possible and people have to understand this. How you feel doesn't change anything. Bitcoin may have been with us for some years but yet it is still the early stage of it. Let's learn to be patient.
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September 19, 2018, 07:03:03 PM
 #36

Cryptocurrencies spaces are indeed still at the beginning of the age. A lot of room for developments still needed. Fact is cryptocurrencies still has a problem with scalability issues and lack of user-friendliness (UX design). And still, depend on government regulations. I agree with OP, we can safely say we are still at the early adopter's. We are contributing to something big in the future.
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September 19, 2018, 07:06:59 PM
 #37

you are absoulutely right.bitcoin is a potential crypto and father of all altcoins.
bitcoins used will increase more and more and big investor will come to bitcoin soon.

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September 19, 2018, 07:38:53 PM
 #38

You are talking about small investors investing few thousands of dollars and hoping to become billionaires.

Whales and big investors don't get emotionaly involved.
They make a lot of studies and researchs and always have a plan B (they are neither pessimistic nor optimistic).

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September 19, 2018, 08:00:54 PM
 #39

You are talking about small investors investing few thousands of dollars and hoping to become billionaires.

Whales and big investors don't get emotionaly involved.
They make a lot of studies and researchs and always have a plan B (they are neither pessimistic nor optimistic).

True this. A lot of people are investing pennies and hoping to become rich. This isn't 2009, your $10 investment isn't going to make you a millionaire. You can't simply invest and forget about it, and come back in 5 years and be rich anymore. It's time to put the work in and grind your way to the top!

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September 19, 2018, 08:03:47 PM
 #40

We cannot blame the human instinct of what most people are feeling, after all a lot of us always put our emotions first rather than proper thinking. Feeling a loss financially on our assets such as cryptocurrencies will give a heavy toll in our brains which will make us feel negative about it. And this is not a new event happening as even in other investment vehicles such as stocks, real estate, and even businesses give their investors something to worry about everytime it goes down. This is a normal feeling and what we the emotionally strong can do is to encourage them more in their investments.
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September 19, 2018, 08:05:55 PM
 #41

Yes, right, the potential of bitcoin is still very large and will still provide benefits to investors and will always continue to wade through the world
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September 19, 2018, 08:17:13 PM
 #42

The potential bitcoin is huge. There is no place for pessimists here. Anyone who can buy bitcoins before it's too late to buy!
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September 19, 2018, 08:17:39 PM
 #43

we are at the feet of a massive climb that has just retraced in 2018! the fed has never been audited before (how many missing trillions are they responsible for?!)
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September 19, 2018, 08:27:43 PM
 #44

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.
Crypto is in very early stage trying to get adopted, its still trying to make an impact on the global economy but is miserably failing to do so. The pessimism that you see is either fake, or is from people who don't like/know about crypto. Ignore them.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Then the article is most definitely fake. Not doubting bitcoin or its potential but 20 most important currencies which includes a decentralized currency is not something you'll see legit sources referring to.


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September 19, 2018, 08:42:08 PM
 #45

We are sure part of the early adoptors, we need to believe in the space and keep promoting the values of Bitcoin, The evolution is still on, several transformation  will still take place in the Bitcoin community, strategic positioning is the core in other to enjoy the benefit.
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September 19, 2018, 08:57:35 PM
 #46

I do not understand such an excitement around bitcoin. it is normal that it changes its value and it will always be so. people calm down
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September 19, 2018, 09:05:17 PM
 #47

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

The only people who are pessimistic are the people who are in it for some quick $$.
I'd rather see believers and true adopters getting rich than the traders.
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September 19, 2018, 09:32:30 PM
 #48

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

The only people who are pessimistic are the people who are in it for some quick $$.
I'd rather see believers and true adopters getting rich than the traders.
Sad fact because this all hype, people know bitcoin only shortcut to get money fast. And they only follow what is hype before know what is bitcoin and all things inside it. That is why newcomers really can affect on bitcoin price.

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September 19, 2018, 09:47:42 PM
 #49

Certainly, the potential bitcoin holds is very promising and should never be underestimated. I have seen many charts ranking of top currencies not just cryptocurrencies but the top fiat currencies such the USD and the EURO. Bitcoin is always among the top ranked currencies, this is my confidence that bitcoin is the future  of the world finances.
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September 19, 2018, 11:06:17 PM
 #50

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
What you say is correct but you need to understand that the mentality of all those people is focused in the short term price of bitcoin and nothing more, that is why they get so worried as soon as bitcoin loses a single dollar, but for people like us which are concentrated in the long term prospects and the potential of bitcoin the current price while important is not the most important factor for us, to me the most important factor is the technology of bitcoin and that keeps improving every single day.

So I have nothing to worry about, even with the huge crash that we experimented I was never even close to sell my bitcoins, now I know that no matter what happens and no matter what kind of manipulation the market is been subject to I will not sell my coins.

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September 19, 2018, 11:57:11 PM
 #51

Pessimistic will only create you dead, it is very detrimental to you and affects everyone.

Pessimistic viruses and panic viruses, are two things that can damage market conditions worse.

we still have the belief that bitcoin will reach $ 100,000 by 2020. so, buy or hold is our decision today.
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September 20, 2018, 02:17:34 AM
 #52

maybe what happened at this time was not a change in mindset that turned pessimistic but maybe just a panic.
I think it's only natural that someone who has invested his money in bitcoin panic because they don't want to suffer losses from what they believe.
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September 20, 2018, 02:22:01 AM
 #53

Of course, bitcoin and cryptocurrency applications is varied from any field. FUD news are temporary and those issues are being addressed clearly. Just wait some time when all issues is being cleared and we see the direction where we are heading. More adaptation and application of cryptcurrency.
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September 20, 2018, 03:08:44 AM
 #54

the potential of bitcoin has always been solid and that is the reason why most people keep on investing into it because even though the price is very low at the moment it will certainly increase with time.

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September 20, 2018, 03:23:35 AM
 #55

this will be a passion for all who know bitcoin, in the world of crypto it must indeed convince the heart and mental as it is patient with the drop in the price of the coin so as not to become a setres so as to establish the heart, right we must remain optimistic that the future of crypto world will grow success.
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September 20, 2018, 05:42:44 AM
 #56

I think Bitcoin prices will stabilize at 6000 USD, 2017 is the year when cryptocurrency is booming, and now to re-boom again, it needs some good changes from bitcoin
I
especially now Ethereum is dropping, so the miners move bow to Dash
I believe in bitcoin, but do not put full hope in bitcoin

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September 20, 2018, 05:53:02 AM
 #57

The potential of bitcoin mostly relies on the investors and users of it, economy is a factor as well but if wrongly advertised bitcoin can degrade it's potential drastically.
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September 20, 2018, 06:06:52 AM
 #58

Am sure most took the bold step to inest but their heart could not contain when they see drops in prices but on the real not that should not be the case because you and i know very sure what bitcoin is capable of and in times of such situation we should be veryoptimistic and avoid all pessimitic actions and words and hope for the best..
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September 30, 2018, 10:52:03 AM
 #59

This will make us feel bad about it. This is a normal feeling and what we strong emotions can do is encourage them more in their investment. Bitcoin potential is enormous. Anyone can buy bitcoin before it's too late to buy!
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September 30, 2018, 02:08:46 PM
 #60

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

I think peoples think pessimistic because the value of cryptocurrency has been staying at the bottom for a while.
If this keep continues, more peoples will think crypto won't growing anymore and they will sell their coins eventually.
But i believe cryptocurrency still can growing with unexpected things in the future.

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September 30, 2018, 02:34:30 PM
 #61

Bitcoin can still grow because bitcoin is a potential coin, but not everyone sees the potential of bitcoin, some of them see the fall of bitcoin, and they will be pessimistic about bitcoin.

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September 30, 2018, 04:21:02 PM
 #62

the potential of bitcoin has always been solid and that is the reason why most people keep on investing into it because even though the price is very low at the moment it will certainly increase with time.

we must believe that the state of bitcoin will indeed develop, even though the current situation is not improving, but the market will continue to grow every time. our beliefs must be strengthened so that the market will recover

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September 30, 2018, 04:33:09 PM
 #63

Yes, in other words, Bitcoin is a potential future currency. Instead of being pessimistic because Bitcoin prices are falling, you may know that its price is still very high and there is not a single currency worth it. Therefore, owning it in the future is a very salutary and dreaming thing of many people

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September 30, 2018, 05:33:05 PM
 #64

Yes, in other words, Bitcoin is a potential future currency. Instead of being pessimistic because Bitcoin prices are falling, you may know that its price is still very high and there is not a single currency worth it. Therefore, owning it in the future is a very salutary and dreaming thing of many people
Some people simply don't have the heart when their investments starts to plummet and they go on a selling spree because they don't have the faith but I say that Bitcoin is indeed here to stay and almost most of the major economic countries have accepted.
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September 30, 2018, 06:38:38 PM
 #65

Those who panic and do not want to wait patiently because they are pessimistic about rising bitcoin prices will surely regret, because after all the price of bitcoin will definitely rise again. We can see how bitcoin grows and how bitcoin remains the best crypto that still controls the cryptocurrency market. That shows that bitcoin is still very strong and the price will definitely slowly rise.
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September 30, 2018, 07:24:57 PM
 #66

I am optimistic that crypto will be able to pass through this decline, crypto can indeed fall but crypto will be able to grow and have a high price.

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September 30, 2018, 08:24:37 PM
 #67

I am optimistic that crypto will be able to pass through this decline, crypto can indeed fall but crypto will be able to grow and have a high price.
Agree with you, the potential of the crisis in the foreign exchange market is still not disclosed at present. All the most interesting is in future.
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September 30, 2018, 08:38:04 PM
 #68

This is true and it's sad to see many people being shortsighted when it comes to the immense potential of bitcoin. In years to come people will regret more than they do today, if they had known they would jumped on ship earlier.
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September 30, 2018, 09:01:27 PM
 #69

It is only those who have not read much about bitcoin will show signs of fear of investing into it and also call it names that do not exist. The success of bitcion investment will really be felt when all the coins are mined that is when all 21,000,00 BTC are mined. Currently i think we are around 16.9M BTC so green days are surely coming all you need is patience.

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October 01, 2018, 11:53:14 AM
 #70

The potential of bitcoin and the blockchain industry as a whole is really huge. Thanks to these technologies we will be able to improve and simplify our lives.
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October 01, 2018, 12:08:20 PM
 #71

As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.

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October 01, 2018, 01:26:35 PM
 #72

Still bitcoin is developing and it has lot to do achieve in the upcoming years so haters keep spreading the hates about bitcoin nut if the bitcoin has that potential then it won't be a barrier for its development and we can see that since it was created  and almost going to complete a decade now.









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October 01, 2018, 01:26:50 PM
 #73

Those who panic and do not want to wait patiently because they are pessimistic about rising bitcoin prices will surely regret, because after all the price of bitcoin will definitely rise again. We can see how bitcoin grows and how bitcoin remains the best crypto that still controls the cryptocurrency market. That shows that bitcoin is still very strong and the price will definitely slowly rise.
- You are still talking too soon about the future, they will regret or we will regret, the answer is still not clearly defined, although we should not be pessimistic, we should not be too optimistic about the future of bitcoin. Because as you say, why is bitcoin so potent, it's the best crypto and control over the market but until now, it still does not show that power, that is a great contradiction here, so instead of trying to be positive or negative, we should have a neutral state, great hope or despair only brings about wrong actions, waiting and calm is still better


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October 01, 2018, 01:58:33 PM
 #74

As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.


They can still belong here, they have their opinion but it is a opinion that everyone doesn't support. We always hear potentials, but most people don't understand it so they remain pessimistic. However, it doesn't mean that they can't change their views on bitcoin.

So its good that they're not leaving this community so that sooner or later they will discover how bitcoin can really affect them in a personal level so that they can make U-turn and give it a try.

R


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October 01, 2018, 02:12:53 PM
 #75

As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.


People are in a pessimism not because bitcoin is falling, but because they have invested their own money from him and are now losing them. In addition, the low scalability of the bitcoin blockchain, gives us all the opportunity to assume that bitcoin will leave the market. And its place will be taken by another cryptocurrency.
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October 01, 2018, 02:17:02 PM
 #76

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

Yeah i think it's just the beginning of crypto.
At the end, crypto will be the only one currency in this world for any payment.
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October 01, 2018, 02:22:51 PM
 #77

Unfortunately I have a lot of friends who disagree with the potential of bitcoin. I see bitcoin as being something huge and I believe in it. I wish my friends could see this.
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October 01, 2018, 03:07:04 PM
 #78

Cryptocurrency has a bright future and the market is going to be very huge. The current price crash will go.  Unfortunately so many people don't see it like this. All they are interested in is to invest now and get rich the following minute. This is not possible. People should learn to be patient.
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October 01, 2018, 03:18:27 PM
 #79

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy.

truth. other markets have many years of existence and cryptos were created a short time and the achievements that have already achieved we can say that this is already a reason to celebrate.


For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

People saw what happened last year, the price was under $2000 and reached $18,000. see this increase, see the profits that anyone who bought in  $2000 and sold in the $18,000 and people buy bicoin and altcoins with the high expectation that they can have returns of more than 2X or 3X and when those expectations are broken, they are disappointed.

so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

The problem is that no one knows what day and year this will happen

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October 01, 2018, 03:29:44 PM
 #80

I think the price of bitcoin is down because it is controlled by large investors so they can set prices in the market, plus the panicked sellers that make prices bitcoin go down.
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November 13, 2018, 06:34:04 AM
 #81

Bitcoin can still grow because bitcoin is a potential coin, but not everyone sees the potential of bitcoin, some of them see the fall of bitcoin, and they will be pessimistic about bitcoin.
Bitcoin users must be optimistic that price movements will return to normal, ie there are buying and selling transactions in the bitcoin market that will create prices. Bitcoin can still grow because there are more users, and companies that accept bitcoin are also increasing.
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November 13, 2018, 06:41:38 AM
 #82

I think all the pessimists-it's just beginners who bought unsuccessfully last winter and now lose money. They do not understand that the price drop is temporary and bitcoin is still great.

It is true. Those people really do not understand how everything works. They just see the present without even realizing the past amd analyzing the future. They are the people who lacks critical thinking and do not see the portfolios adn do mot analyze the market well.
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November 13, 2018, 07:09:45 AM
 #83

That's right, because according to Twitter CEO Jack Dorsey, bitcoin will replace the dollar in the future, it's just that we must remain cautious in investing in bitcoin, because prices are difficult to predict and vulnerable to hackers.
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November 13, 2018, 07:23:50 AM
 #84

In general I am optimistic about the long-term future of Bitcoin but as I am going through my own personal challenges during this bear market, I am in the short term not really too excited about anything crypto right now as I am at the lowest point of my crypto career, with hardly any income or savings to speak of because it was all wiped out over the last 11 months. I hope the situation really improves and things get much better for us because I don't see much action to the upside happening in the price of Bitcoin or other altcoins for that matter. I think we have another bloodbath coming for the price soon.


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November 13, 2018, 07:51:57 AM
 #85

I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

Yes you are right the market is really big for cryptocurrency especially bitcoin. But loses at present and the current condition of the market is something which the investors really do care about. It is business for these investors and to worry about losing is something big in their minds. It is really understandable and pessimism is just a result of it. No matter how you encourage them yet the market is still the same it doesn't change a thing. So maybe we just let them be and those investors may come back when everything will be better though not for now. I am sure of it.

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