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Author Topic: 10th Birthday, Bitcoin Price Is No Longer Exciting ?  (Read 1299 times)
Pattart
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November 06, 2018, 09:29:09 AM
 #61

Bitcoin will continue to become profitable in the next decade because it has a lot of more rooms to grow. The excitements are temporary gone beause of its price downfall and prolonged bearishness in the market. The bullrun that happened in 2017 may not happen again in the following year because it has to accumulate first for a year or before the excitement return to the market again.
we are all bored with the current market conditions which tend to weaken and stabilize, but you're right bitcoin still has enormous potential and certainly will continue to grow and develop. bearish will definitely end and bullish will start and will make the market crowded again and prices become exciting..
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November 06, 2018, 09:42:19 AM
 #62

Well, I'm just almost a 2years old in this market and I still feel the excitement with bitcoin. Yes, technically bitcoin already reach 1 decade but the worldwide adoption are still not happening so for me, there is so much things that bitcoin needs to be done.

We feel not too excited right now simply because of its current price but for sure, when we enter in a bull market again almost everyone will celebrate and feel the excitement with bitcoin. We will grow more for the next 10 years of cryptocurrency, new generation will come and this great technology will cotinue to bless more people and give them the opportunity of a true technology around the world.
I am sure those who understand the technicality of bitcoin, what makes it tick and what brings about the potential, I am pretty sure they will not consider anything as non exciting.

For the past years when it all started, bitcoin traded far less than a cent, in fact a whole lot below than you can imagine, and looking at how far we have gone with the current price, I think anyone who is smart enough will know there is a great hope for the future as there is no two ways about that. Those who want to keep worrying over nothing, will most definitely find themselves to blame if they end up not taking any action regarding accumulation now.
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November 06, 2018, 11:38:16 AM
 #63

The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of  FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.

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November 06, 2018, 12:11:18 PM
 #64

If you would have told anyone 10 years ago that one day bitcoin would be worth $6000+ they all would've been amazed and bitten your hand off for such an offer. In 10 years time we might be able to say the same again, I would say that's pretty exciting.

Probably it is. It is like bitcoin is so exciting and we cannot really predict what will going to happen. It is unpredictable that anytime soon it will pump then there will be a dump and pump again and the cycle repeats. It only varies on what is the value, and how people look at it.

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November 06, 2018, 12:20:47 PM
 #65

I would not say it is not exciting, seeing Bitcoin so stable is very interesting to me. And yes, prices have dropped, but that is what bear market is about, and I never thought, that bear market is such a bad thing, we need these times as well, if prices would always just go up, it would surely pop out, as many people states, this is just a bubble, but it is not.

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November 06, 2018, 01:03:34 PM
Last edit: November 06, 2018, 06:29:16 PM by mazdafunsun
 #66

At least for me , the price is very exciting and this point, it was not exciting when we where going down and down, drawing lower highs constantly. It was a time when I was not looking forward to next motnhs in crypto space, today and contrary I like the stabilty and believe that there is agood chance of uptred in comming months.

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November 06, 2018, 01:47:11 PM
 #67

Probably you're right that the excitement might have lost due to the very long bearish market this 2018. Last October, there was some bit of excitement when prices suddenly showed spikes. But, only for a moment. Now, the market is still bearish and the people here are not that positive about the market. They are waiting for the bull market to come.
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November 06, 2018, 02:01:08 PM
 #68

Being the first crypto in the space, BTC is still the most stable crypto currency survived from this year's market crush.
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November 06, 2018, 02:28:19 PM
 #69

Probably you're right that the excitement might have lost due to the very long bearish market this 2018. Last October, there was some bit of excitement when prices suddenly showed spikes. But, only for a moment. Now, the market is still bearish and the people here are not that positive about the market. They are waiting for the bull market to come.
i think the real surge will definitely happen, but no one knows for sure. We have to accept market conditions that are difficult to predict, but on this 10th anniversary, I'm glad that BTC can't break support around $ 6000

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November 06, 2018, 02:50:00 PM
 #70

If we will see the market Bitcoin now is in a better situation.
We can tell that the bad side because we saw what 2017 had.
But if we will analyze everything, we are still in good shape.
More newcomers also will enjoy the starter price.
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November 07, 2018, 12:04:01 AM
 #71

I agree-- No longer excitng. There are no signs of a bull run. Just blood everywhere. ONly few are actually reaping the benefits of it for their own conveniece. It is just very frustrating on our part as investors because we bought at a good price but then the reversal actually wounds our bitcoin. bringing our money down to the drain. the increase is very small-- small enough to just recover for the losses. Well what to do, that is what it is in the cryptosphere.
do not be frustrated with the current conditions, of course, if assessed globally from the beginning of bitcoin launching until now, it has been an extraordinary achievement. we have to spread optimistic news, so that investors have a future view

Its true bitcoin have an extraordinary achievement in 10years considering there is no CEO in it. From zero price and once reach $20k in just 10 years and having market cap more than 100Billions dollar is special achievement and i am believe it still continue in near future
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November 07, 2018, 05:00:53 AM
 #72

At least for me , the price is very exciting and this point, it was not exciting when we where going down and down, drawing lower highs constantly. It was a time when I was not looking forward to next motnhs in crypto space, today and contrary I like the stabilty and believe that there is agood chance of uptred in comming months.

Yup also for me, but i somehow cool off though like taking a break on bitcoin industry because of the sudden low of the price of bitcoin , i quite sad about it because the viral bitcoin goes down, like some people stop using it , but then again , best hope for our dear bitcoin, and also long live bitcoin.

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heninur
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November 07, 2018, 05:35:08 AM
 #73

in my opinion the price of bitcoin is still fun, although unlike 2017, we should not overdo it by decreasing the price of bitcoin, we just need to be patient and continue to pray for the success of bitcoin.

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November 07, 2018, 05:47:36 AM
 #74

I don't think so if the price of Bitcoin last year is not attractive to the investors as I remember 2017 last year, bitcoin price rapidly increased in the market at the last quarter of the year. I think this year, Bitcoin price having a lot of struggle itself that drastically downtrend in the market due to a lot of people wanted to manipulate the market. Since they have earned a lot of profit on this strategy they repeatedly their works that make bitcoins price stable in the market until now. Indeed, we are still lucky of 10 years existence in bitcoin we can still make a profit.

I think we are still struggling with the bitcoin price which is now in the range of $ 6,317.21, Indeed in 2017 it is the heyday of bitcoin by reaching its highest price.
if we go back to the past in 2015-2016 the price of bitcoin is still low, indeed on the 10th anniversary of bitcoin, there is no significant increase in prices.
But even now we can still benefit from the current bitcoin prices
Don't be a pessimist bro, just picture the price that bitcoin started with and the current price that is being considered as the low price, and you will definitely get the clearer picture than trying to look at where it is now, but concentrating on where it is going to be in the future.

I really do not know why a lot of people find that hard to understand or come to terms with, but probably, it is understandable that the mindset a lot of people brought into this space with respect to getting rich quick in the short term is what is affecting their judgment.
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November 07, 2018, 12:12:52 PM
 #75

Bitcoin get great achievement in 10 years. From zero value and the price right now $6400. I think bitcoin always attractive investment. I think bitcoin price right now attracting more investor because they believe the potential of bitcoin
Even if the prices are not high now and we have experienced a huge downtrend for most parts of the year 2018, that does not mean the market would be like this forever. We have to understand that in as much as this is something a lot of people who bought at the peak may not like, it is a normal and healthy thing to happen in any market, and considering that this is a very new market, it is usually bound to happen like this. Nonetheless, we also have to understand as well that, as time goes on, the market will most definitely start testing new heights, there will be more development, and investors who are real believers in the long term will certainly be reaping the benefits.
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November 07, 2018, 12:56:54 PM
 #76

We have pass 10th of bitcoin birthday but we can find with good price of bitcoin and altcoin, always bad time at this years with bitcoin and altcoin price always growing down and never seeing when bitcoin or altcoin on the top and higher price again.

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November 07, 2018, 01:17:08 PM
 #77

I agree-- No longer excitng. There are no signs of a bull run. Just blood everywhere. ONly few are actually reaping the benefits of it for their own conveniece. It is just very frustrating on our part as investors because we bought at a good price but then the reversal actually wounds our bitcoin. bringing our money down to the drain. the increase is very small-- small enough to just recover for the losses. Well what to do, that is what it is in the cryptosphere.
do not be frustrated with the current conditions, of course, if assessed globally from the beginning of bitcoin launching until now, it has been an extraordinary achievement. we have to spread optimistic news, so that investors have a future view

Its true bitcoin have an extraordinary achievement in 10years considering there is no CEO in it. From zero price and once reach $20k in just 10 years and having market cap more than 100Billions dollar is special achievement and i am believe it still continue in near future
Yes, I agree many forget that once not so long ago was bought pizza for 10 000 bitcoins.Today it seems unreal.So the price for the purchase at the moment is very acceptable and I am sure that it will only grow.I suppose I do not focus on the price,for me the main thing is that as many people as possible treat bitcoin positively and use it only for good purposes.10 years ago it was just an idea,today it is an expensive digital currency and in 10 years it will be the only international currency with an even higher price.
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November 07, 2018, 01:32:27 PM
 #78

Bitcoin price is no longer exciting? It is exciting for me because bitcoin is valuable asset and it may fluctuate once people decide to take part with the market. It is exciting in my part because if ever I see bitcoin to move, this is the first year, I testified how bitcoin is great. However, if the price won't materialize, I will buy more bitcoin.

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November 08, 2018, 06:59:00 AM
 #79

Bitcoin is not here to "excite" you in any way, you do not need to feel anything about the price of bitcoin. At the 10th birthday of bitcoin please stop starting topics that do not realize the purpose of what bitcoin was created for and try to please realize bitcoin is not something you try to make money with, it is money itself. People who turn their dollars into bitcoin and than sell their bitcoins for more dollars and go out spend that dollar are the wrong kind of people for bitcoin and have no idea what bitcoin stands for.

Specially this topic shows how misunderstood bitcoin is right now in the world. Bitcoin is a currency itself, you suppose to earn it and spend it like any other fiat currency out there. Do your job make money and spend it on stuff you want, it is not a commodity it is not a stock it is money itself.
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November 08, 2018, 07:03:48 AM
 #80

The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of  FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.

Always btc cannot keep climbing and some time it has a quite year and 2018 till now has being one of those. But it does not signify that in future it will no longer be exciting and bull trend will keep continue and it will be still the best to make money when it comes in crypto currency.

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