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Author Topic: 10th Birthday, Bitcoin Price Is No Longer Exciting ?  (Read 1346 times)
wingsthegreat21
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November 15, 2018, 11:20:04 AM
 #121

For me its always true that bitcoin have an extraordinary achievement in the next coming years considering there is no regulator in it and if you will think and imagine from zero price and once reach its peak in just a couple of years and having market cap more than a billion dollars is special reward and i believe it will still continue in the upcoming years.
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November 15, 2018, 01:02:15 PM
 #122

Low or high bitcoin prices I think it's a exciting, something unexciting is if bitcoin dies. Falling prices are at least not a reason for us to leave Bitcoin, we know the crypto market is always fluctuating but I am surprised, why when they find out about the characteristics of the crypto market, they are always pessimistic when they see a falling market.

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November 15, 2018, 01:15:57 PM
 #123

In the year that has reached 10 years now Bitcoin is experiencing a bad thing because this year has experienced a substantial price decline. and it will be noted that the price of bitcoin has decreased to 5K now
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November 15, 2018, 02:26:31 PM
 #124

You're right, especially this week. $BCH fork has something to do with it as well. Hopefully we can bounce back from this. It's looking grim though.



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November 15, 2018, 03:25:28 PM
 #125

The price is not exiting at all. I am just hopeful that it will only get better with time. I don't know what exactly is responsible for the persistent cryptocurrency price decline. So many reasons have been given by several individuals but they don't seem to convince me that nothing is fishing.
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November 16, 2018, 06:27:57 AM
 #126

Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Yes bitcoin still on a good track and the price are more stable compared against market stock. Bitcoin will keep exist and will be use for transaction and for investing to ICO, so i believe bitcoin will keep remain cause there is still a good demand in the market.
Right now, good signs are for buyers. For sellers it is waiting time. Don’t let your mind shoot up rather keep it cool. Make good decisions and buy more bitcoin. This will be a good investment.
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November 16, 2018, 06:51:56 AM
 #127

Bitcoin price is still valuable in the market which many people have strong faith in Bitcoin, even though the price of Bitcoin is decreasing many people want to grab the Bitcoin because they know how potential Bitcoin is going to be.
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November 16, 2018, 07:39:46 AM
 #128

Bitcoin price is still valuable in the market which many people have strong faith in Bitcoin, even though the price of Bitcoin is decreasing many people want to grab the Bitcoin because they know how potential Bitcoin is going to be.

   That potential in bitcoin is what attract people to it, and for me bitcoin price is exciting from the day one.
Its never calm, it have some periods of stability, when price fluctuate in some small range, but in some moment
price wider its range and we saw how bitcoin is capable to go very high, or to drop down fast. I believe that I
will never lose that excitement I get from trading and speculating.
   



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November 16, 2018, 07:47:44 AM
 #129

after almost reaching the age of 10 bitcoin is getting older and they have begun to accept many problems that must be faced for bitcoin to continue to exist and advance to benefit the community. at the age of 10, bitcoin has been able to give problems to many world banks and the global economy to overhaul something they think is wrong. hopefully bitcoin can continue to bring crypto in a better direction
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November 16, 2018, 07:21:51 PM
 #130

Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Yes bitcoin still on a good track and the price are more stable compared against market stock. Bitcoin will keep exist and will be use for transaction and for investing to ICO, so i believe bitcoin will keep remain cause there is still a good demand in the market.
Circumstances are now getting good, people are trusting crypto currency specially the bitcoin they are investing and it is making everything get so positive. I can clearly see when I talk about bitcoin in my friend zone they take good interest and they become asking me question so all according to these points same as you I am sure price of bitcoin will start moving towards top very soon.
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November 16, 2018, 10:10:12 PM
 #131

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
It is still exciting especially for buyers, they can take the opportunity to buy more bitcoins and invest it. Bitcoin price is unpredictable so if you are really determine to earn huge the you need to have longer patience.
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November 16, 2018, 11:03:37 PM
 #132

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
It is still exciting especially for buyers, they can take the opportunity to buy more bitcoins and invest it. Bitcoin price is unpredictable so if you are really determine to earn huge the you need to have longer patience.
Yes.I also prefer to be optimistic this time.This downward trend that we are experiencing today might not stay forever so we should grab this chance by buying cheap but potential coins.We should not lost our hopes because if we will be driven with fears and frustrations,then we might lost our chance to still make huge profits in the future.

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November 16, 2018, 11:29:11 PM
 #133

The huge expectations from bitcoin by so many people, in my opinion has been a sort of burden for the coin. So many expected it to make them rich overnight, and once that failed to happen, they start seeing the coin as a failure. Bitcoin has not lost any excitement. It is people that are expecting too much from it.

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November 17, 2018, 06:42:57 AM
 #134

The price is not exiting at all. I am just hopeful that it will only get better with time. I don't know what exactly is responsible for the persistent cryptocurrency price decline. So many reasons have been given by several individuals but they don't seem to convince me that nothing is fishing.
It is a normal thing for people to say, considering the rate at which a lot of people after holding from the peak and expecting a change of scenario over time to at least start seeing the promises of making something substantial from the space, are basically worried with even the ongoing downtrend the more.

You have to understand that decline is a normal thing in the market, and possibly you should go check the historical prices and fluctuation of gold and silver over time, and in that case, maybe you will see the reason why for every new market, it is something you have to be ready to deal with, but at least, if you know the potential of what you are worrying with, bothering yourself about now is something that will never come to mind.
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November 18, 2018, 06:26:17 AM
 #135

Bitcoin price is still exciting for me because in this year the price is low Volatile, its better than I seeing bitcoin price increase significantly and then go down again. This time is a good time to buy and hold it for long term investment. Bitcoin is still worth as a long term investment.

Hope, that in the future, Bitcoin price will excite all of us much more. I still have a feeling that the bulls are very close, and the bears will leave the market finally. Probably, in will be in December.
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November 18, 2018, 07:06:43 AM
 #136

Well the cryptocurrency market in this year 2018 has faced a lots of challenges due to it fall in price and so much unsuccessful projects and projects falling behind it expectations, so many ICOs have gone down beyond it ICO price when launched on exchange. But bitcoin 10th birthday has cone and gone and as long as the market remains volatile we hope for better days to come.
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November 18, 2018, 07:27:18 AM
 #137

If Bitcoin can celebrate birthday, then all investors will only buy it on their birthday, which is obviously an incorrect comparison. Bitcoin is not a person. Although it is not happy at the age of ten, I believe it will change the world when it is 20 years old.

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November 18, 2018, 07:42:31 AM
 #138

Yea, it is true. I quite agree with you. People are not really excited or motivated anymore to participate in Bitcoin investment due to the negative trend in the greater part of the year.

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November 18, 2018, 08:02:04 AM
 #139

Forget the price, I am impressed with the spectacular growth of Bitcoin in such a short period. The year 2017 was the year when Bitcoin and blockchain technology went mainstream as it is impressive as compared to any other innovation (especially in the financial/payment system category). However, there are some issues as well, which are obstacles to the growth of it. Let's have the positive approach and I do see an optimistic picture in next 10 years from now.
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November 19, 2018, 09:52:53 AM
 #140

Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Yes bitcoin still on a good track and the price are more stable compared against market stock. Bitcoin will keep exist and will be use for transaction and for investing to ICO, so i believe bitcoin will keep remain cause there is still a good demand in the market.
Right now, good signs are for buyers. For sellers it is waiting time. Don’t let your mind shoot up rather keep it cool. Make good decisions and buy more bitcoin. This will be a good investment.
That is it! For those who are smart enough to know that lower prices are meant for buying, they will know this is perfectly a good time to make that happen. However, it is always going to be hard to have that mindset if you do not even have a clue of what you are investing and what the future holds for what you are invested in.

That is something a lot of people actually are not willing to know and when it comes to bitcoin and cryptocurrency, what basically comes to mind is, I want to get rich and that is something that does not just happen overnight as far as I am concerned.
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