10th Birthday, Bitcoin Price Is No Longer Exciting ?

[henmark]

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

Current condition is not even a condition that will last forever, neither is it a condition that anyone need to be frustrated about, considering that it is giving everyone an equal opportunity to get on board. I still find it pretty amusing, when people prefer to hop into a moving train instead when everyone is getting greedy and busy calling the moon.

Now is the time to be calling the shots for long term investments, and as it keeps going lower from this point, if you have more money, just buy as much as you can, as that is basically one thing you cannot regret. 10 years anniversary and I can say over the course of these 10 years, price has been very exciting even in an overwhelming nature.

[1714668823]

1714668823

[tradjecide]

How was the response about the bitcoin economic market for 10 years which experienced an increase and decrease ?

Bitcoin will soon celebrate its 10th birthday. However, this achievement was slightly tarnished due to its downward trend.

The Wall Street Journal reported, in 2017, the price of digital currencies launched in 2008 had surged to 1.375% because investors and traders were interested in Bitcoin.

However, the price of the most popular digital currency has fallen considerably until the third quarter of 2018. The price of Bitcoin has dropped more than 60% from the highest price last year, according to Coindesk data. Last week, the price of Bitcoin had gained 4%.

The overall cryptocurrency market is worse: the combined market value of all crypto currencies plunged 13% from the previous quarter, down from US $ 255 billion to US $ 221 billion on Friday, according to CoinMarketCap.

This decline was contributed by a decline in the market value of large digital currencies. Ether, which is used in the ethereum network, dropped 51% each and Bitcoin Cash and EOS dropped 28% respectively.

Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.

According to Blockchain.info, the average transaction price in quarter III-2018 reached 217,000 digital coins. This figure is far below the average daily transaction in the fourth quarter of 2017 of 319,000 coins.

The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin to be developed or offered in the future, is equally insecure. The ICO market has raised US $ 12 billion this year, according to data from research company Diar and TokenData, about double that of 2017.

However, the company calculates that 70% of the current projects have fallen from the price when the ICO was completed. Maybe this is what affects the difficulty of increasing the price of bitcoin on its 10th birthday because the average "ico will decrease by 50% after launching

Uuhm… this has happened before. And I don’t believe that investors and readers are losing interest in Bitcoin. I know someone who is trading Bitcoin, and despite the things that are happening now he’s still trading and never shows signs that he’s worried about it. Don’t know what’s their secret but a lot of people are still reading and investing in cryptocurrency even till now.

[cryptobaro]

It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.

[taliwang]

Bitcoin's birthday will not have an effect on the increase in bitcoin prices, bitcoin can be affected when there is a very high demand and when there is good news such as when there is good news Bitcoin can be accepted to make payments and is legal in certain countries it will increase the price of bitcoin .

[iv4n]

It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.

Like op you are here for short time but you already talk about losing excitement, and because of what? Because price don't rise all the time? You people joined last year, when market has pretty nice uptrend almost all year, and now when price is stable between 6k and 7k dollars that isn't so attractive like rise from 1k to 20k.
If you doubt in that rise to 20k again why are you losing time with bitcoin? Go find something that brings more excitement, something like gambling, play poker and there you can win a lot in couple hours or lose everything even faster.

[Finestream]

It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.

You're right.At the end of the day,it's still hard to make right predictions knowing that the market is so much volatile.So let's still stay positive all the time because we might be surprise that one day a bull run has already started.I think there are still exciting news for bitcoin waiting for us.

[futile-resistance]

new people invest the money that experiences bitterness. but investors who have long been very fond of bitcoin. now cheap bitcoin is the time to buy bitcoin and save long term

Nothing is interesting if you are not interested and the same goes for Bitcoin. If you are not passionate about the business in Bitcoin, it will probably not interest you. It has been a decade of Bitcoin in the market and it is still interesting for the investors.

Those who derive satisfaction in earning with the currency invest in it with pride and hodl for long. In addition, since the productivity of this technology is high and still is new to investors, it is still possible to make a name in it but this fact has been revealed up o just few.

[BitTraderCute]

It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.

You're right.At the end of the day,it's still hard to make right predictions knowing that the market is so much volatile.So let's still stay positive all the time because we might be surprise that one day a bull run has already started.I think there are still exciting news for bitcoin waiting for us.

soon or later bull run will come to market.but we could not predict when it happened.investors prefer to wait and see before decided buying bitcoin or other cryptocurrency.

[Bitcotalk]

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.

I think 10 years is just minor compared to what it can be in the next 10 years. I know it won't be from 3 cents to 20 thousand dollars type of increase I can see that however that is only bitcoin we are talking about and not the crypto world in general. If you look at the crypto world there has been a lot of new coins and new companies built upon the crypto idea that is making a lot of ways in the world right now.

This means if the first 10 years has helped us this much than it means the next 10 years will be even better. Think of the phones, when the first phone was invented it was not remotely similar to the iphones we have on our hand, it improved a lot since the first day. I think same could happen with bitcoin and crypto in general, we can definitely have that type of improvement in our life time.

[ramahero01]

for new investors, of course, the price of Bitcoin is currently bad and unattractive, but for the old investors with the price of Bitcoin they are currently still profitable even though not as big as last year. My hope is that in the 10th year of Bitcoin's, the future price can increase so that the Crypto world is progressing.

[onrise]

for new investors, of course, the price of Bitcoin is currently bad and unattractive, but for the old investors with the price of Bitcoin they are currently still profitable even though not as big as last year. My hope is that in the 10th year of Bitcoin's, the future price can increase so that the Crypto world is progressing.

It is a long way to go for the Btc so now it is just a beginning and for new investors it is a great opportunity to enter and buy at lower price and can either hold or sell when they achieve their target . This way it more beneficial for existing and new comers too to buy at low and make a fortune on the bull run in coming time .

[yugyug]

We are thankful that bitcoin has survived for 10 years in struggling and fighting for survival and it has killed more than 300 times and resurrect more than 300 times too. It was already 10 years when someone ordered a single pan pizza worth 10k bitcoins, how i wish if i could hold that numerous amount of bitcoin some time ago it be worth 60 million USD today. It could not be exciting to somebody because he invested bitcoin during at peak value for the last quarter of 2017 and sour graping afterwards for the price is not performing very well but it is also exciting to somebody where he bought bitcoin for less than a dollar long time ago or he bought it at affordable price 2 to 3 years ago.

[Dr.Osh]

for new investors, of course, the price of Bitcoin is currently bad and unattractive, but for the old investors with the price of Bitcoin they are currently still profitable even though not as big as last year. My hope is that in the 10th year of Bitcoin's, the future price can increase so that the Crypto world is progressing.

well, I think at this time bitcoin is still a very good thing. besides, the price of bitcoin is still quite good, and even quite high. well, I think bitcoin will still exist even in the coming year.

[ToyotaFortuner]

Bitcoin's birthday will not be able to have a good impact on the price movements of bitcoin, I'm sure this bitcoin needs really good news to be able to increase prices and make bitcoin very difficult to obtain.

[Gabali126]

I don't totally agree that the drop in project ICO prices after launching is responsible for the current bitcoin prices. I just feel there is no much hype like we observed towards the end of 2017.

[ELOCIN]

Yes, bitcoin is no longer exciting in the eyes of weary crypto holders. I also admit i am not excited anymore to see bitcoin's progress over the past couple of months. It seems it will take another years before bitcoin's progress will excite most of crypto people again.

[Stunning]

How was the response about the bitcoin economic market for 10 years which experienced an increase and decrease ?

Bitcoin will soon celebrate its 10th birthday. However, this achievement was slightly tarnished due to its downward trend.

The Wall Street Journal reported, in 2017, the price of digital currencies launched in 2008 had surged to 1.375% because investors and traders were interested in Bitcoin.

However, the price of the most popular digital currency has fallen considerably until the third quarter of 2018. The price of Bitcoin has dropped more than 60% from the highest price last year, according to Coindesk data. Last week, the price of Bitcoin had gained 4%.

The overall cryptocurrency market is worse: the combined market value of all crypto currencies plunged 13% from the previous quarter, down from US $ 255 billion to US $ 221 billion on Friday, according to CoinMarketCap.

This decline was contributed by a decline in the market value of large digital currencies. Ether, which is used in the ethereum network, dropped 51% each and Bitcoin Cash and EOS dropped 28% respectively.

Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.

According to Blockchain.info, the average transaction price in quarter III-2018 reached 217,000 digital coins. This figure is far below the average daily transaction in the fourth quarter of 2017 of 319,000 coins.

The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin to be developed or offered in the future, is equally insecure. The ICO market has raised US $ 12 billion this year, according to data from research company Diar and TokenData, about double that of 2017.

However, the company calculates that 70% of the current projects have fallen from the price when the ICO was completed. Maybe this is what affects the difficulty of increasing the price of bitcoin on its 10th birthday because the average "ico will decrease by 50% after launching

I already knew that this would happen, that’s why sold my coins early this year and waited for it to drop to a low rate before buying a few this year and I’m also aware that it is going to take a long time before there is another increase in price. Why I’m saying this is because I have experienced it before. So it’s going to take a long time, and it might not even be next year.

[efxtrader]

In 10 years, bitcoin already become a new favorite investment and i think there is no investment can give gain more than 1000% like bitcoin did in 2017. Bitcoin dominant in market still above 50% and i think its describe that bitcoin still interesting investment even the price drop more than 60% in 2018.
2018 is not a good year for bitcoin and cryptocurrency market but i think its still attracting for new investor because they can buying bitcoin at low price

[cryptodv]

No longer exciting?? Bitcoin's price is $6400. Is Gold that price? Noooo. It's only the beginning. That bull run was a concealed bear trap. 

[rickadone]

Nothing is interesting if you are not interested and the same goes for Bitcoin. If you are not passionate about the business in Bitcoin, it will probably not interest you. It has been a decade of Bitcoin in the market and it is still interesting for the investors.

Those who derive satisfaction in earning with the currency invest in it with pride and hodl for long. In addition, since the productivity of this technology is high and still is new to investors, it is still possible to make a name in it but this fact has been revealed up o just few.

You cannot even be passionate about something you know nothing about its potentials, its long term possibilities for growth and demand and so much more. It only takes what you understand to be able to realize it is something you have so much grown to see as the thing that would really change the way we do things when it comes to transactions in the future. Bitcoin price may not be exciting to some because they have failed to realize the potential of the technology it lays on, and the fact that this is a market that has been growing over the years, and from the looks of it, it has not stopped growing.

soon or later bull run will come to market.but we could not predict when it happened.investors prefer to wait and see before decided buying bitcoin or other cryptocurrency.

Unfortunately, even when the bull run starts, we will see the same people who keep coming up with topics of not being excited with the price of bitcoin, coming to tell us how the missed buying the dips and then asking if they can join at a certain price on the way up when we start seeing new ATH. What happens when you fail to have great deal of knowledge in the space you are in; is that you will end up making silly and terrible mistakes, which I believe for most people who really have no plan for the future; they will keep being in this category.