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Author Topic: Bitcoin coins are losing popularity?  (Read 2899 times)
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October 22, 2019, 01:20:58 AM
 #181

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.
I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.
Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

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October 22, 2019, 06:11:08 AM
 #182

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.
I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.
Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

I don't know where they are getting this information, Bitcoin's use is actually increasing rapidly, the price is not indication that people are losing interest, actually we are becoming more popular as the number of users increasing and that some government would like to regulate it and they are studying how to impose tax on it.
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October 22, 2019, 08:50:13 AM
 #183

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.
I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.
Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

I don't know where they are getting this information, Bitcoin's use is actually increasing rapidly, the price is not indication that people are losing interest, actually we are becoming more popular as the number of users increasing and that some government would like to regulate it and they are studying how to impose tax on it.
I think that popularity is lost among those who bought Bitcoin for 15-20000 dollars. But we really see how many new people come to the cryptocurrency market. The overall popularity of Bitcoin is definitely growing!
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October 22, 2019, 09:02:47 AM
 #184

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

I think bitcoin is still the most valuable coin in the cryptocurrency market and hasn't lost its popularity. Current price declines are common because price fluctuations are normal in any market. If we look at history that bitcoin prices start at 0 and reach the highest price at $ 20k, I think bitcoin is still a valuable asset

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October 22, 2019, 09:31:55 AM
 #185

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.
Maybe I still believe that bitcoin is very popular and many believe and want to invest their money to invest there.
the popularity of bitcoin is quite sure it has nothing to do with the state of a low or high income country.
because bitcoin is still trustworthy and even still a very promising investment.

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October 22, 2019, 12:39:54 PM
 #186

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

What do you mean by "low-income countries"? If third-world countries is what you are talking about, I don't think it is a reason why bitcoin is losing popularity. Here in the Philippines, some universities already offer a course about blockchain technology. Some business also starts to adopt bitcoin as one of the payment. I don't even believe that bitcoin is losing popularity now because it has a big potential in our future technology.
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October 22, 2019, 12:50:07 PM
 #187

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

You can only say that bitcoins was on a decrease in popularity if there is a drastic change in bitcoin users worldwide and you should be backed up with statistics.If you are observing the current condition of bitcoin were as of now maybe you can tell if it is declining in popularity. Moreover, not all "low income country" you are saying were against implementing bitcoins if you search for countries accepting it.



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October 22, 2019, 01:22:24 PM
 #188

I don't think so the popularity of the bitcoin losing this year, because now bitcoin is still famous for every country even not all people know about the bitcoin but they still a lot of citizens of every country know about the bitcoin. It will become more popular if thw price become higher this year so we can help to the bitcoin by spreading it to our relatives who are willing to invest and  the effect of that is it will rise plus more famous.
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October 22, 2019, 01:27:59 PM
 #189

I am not so sure: my close friend is an unregistered bitcoin (BTConly) ATM operator serving poor neighborhood and they are seeing increased pressure villagers empty out ATMs. To keep it in perspective those ATM had advanced counterfeit detection bill mechanism that handles up to 500 bills and it is guaranteed to be filled every day which were confirmed by random night time visit.

Had BTClost its popularity, why would people still buy it from ATM? please enlighten me.

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October 22, 2019, 01:33:07 PM
 #190

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.
Bitcoin is still the most popular cryptocurrency today and that wouldn't change easily. Even though its price fell down a lot on the past few months, we cannot still deny the fact that the price is still very high compared to other coins. It was the pioneer currency and I don't think it will lose its popularity even in the next decades. We need to be optimistic if we are investing in bitcoin, we should not conclude anything that would harm other people's investment, instead we should spread positivity and hope about it.
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October 23, 2019, 04:09:08 AM
 #191

Bitcoin is an online currency.  Even if started with a lower price.  Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

What do you mean by "low-income countries"? If third-world countries is what you are talking about, I don't think it is a reason why bitcoin is losing popularity. Here in the Philippines, some universities already offer a course about blockchain technology. Some business also starts to adopt bitcoin as one of the payment. I don't even believe that bitcoin is losing popularity now because it has a big potential in our future technology.
I think so because as well all I know bitcoin coins are expensive especially to those poor countries. They can't afford to invest in it the reason why there are only a few people who are interested to invest in it in poor countries. Yes, there are many establishments now adopting crypto and the technology behind crypto also. In this case, many people will probably know about bitcoin because of the usage of it and how you become to gain profit if you are investing in it. Losing popularity is impossible to happen.

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October 25, 2019, 02:31:48 PM
 #192

I think bitcoin will still show its worth and will cost more than 25,000, but of course how soon it will happen I don’t know, for now I’m just monitoring news and the rates of different coins on neironix

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