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Astvile
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October 12, 2019, 02:05:21 PM |
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
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NathanJB
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October 12, 2019, 02:57:29 PM |
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
The popularity of Bitcoin does not reflect on the prices alone. If there is a dump, there are more people selling. Or not even that, it may be that there are more Bitcoins sold than what was bought. A single person may be dumping 10 BTC while 9 other people are buying 1 BTC each. In this case, 9 are definitely higher than 1 but the 1 has dumped more than the total Bitcoins bought by the 9. That is it. That does not mean that there are more people leaving Bitcoin rather than people coming in and supporting Bitcoin. |
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ReiMomo
Sr. Member
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Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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October 12, 2019, 02:59:34 PM |
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
This was I also noticed too, when bitcoin pumps up there are too many people adopting on it and start to invest as much as the can. If they have an idea while the market hardly drops the price they will invest so that they can make a profit in the long run. But they wanted a short term investment and too late to jump in and accumulate numbers of bitcoin while it is in pumping up. They were losing interest when the price had a downtrend. |
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candra raditya
Copper Member
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Activity: 455
Merit: 0
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October 12, 2019, 03:10:10 PM |
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I think bitcoin has not lost its popularity, even though bitcoin value is low, it is due to poor market conditions. Be patient, bitcoin will also recover and soar prices.
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xabre
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October 12, 2019, 06:28:34 PM |
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Bitcoin still popular not losing interested with many investor, although at lower price position bitcoin become most popular digital payment currency so far, using fiat currency as your payment you have faced with inflation money value at the future but bitcoin not.
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beliomir
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October 12, 2019, 06:39:02 PM |
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We all know that the financial world is cyclical, today it’s a popular and bull market, and tomorrow there may be a bear market and nobody is interested
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mdzahed134
Sr. Member
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Activity: 2156
Merit: 259
SOL.BIOKRIPT.COM
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October 12, 2019, 06:47:24 PM |
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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.
Right now i don't think Bitcoin popularity is reduced in the entire world but it’s price was quite low in the last year since 2018 because when BTC price is huge dumped not only BTC whole of the market go to collapsed. In 2018 is the worst year ever for the crypto space. Now popularity start growing newly because of many countries will be adopt cryptocurrency. And now a lot of Btc based projects will launched in the legalize countries. |
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Youghoor
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October 12, 2019, 07:03:10 PM |
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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 exactly are the reasons why you think that Bitcoin is losing its popularity. You need to provide us with facts to support this your claims. You can't just make claims without having any thing to back your assumptions. This is a exactly my point. People just create post on this forum without having any tangiable reasons or evidences to confirm the things they share here. Bitcoin for the past two has seen a rapid growth in its market economy which shows that it is constantly growing. Bitcoin is all over the internet and news platforms.. |
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AliMan
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October 12, 2019, 07:37:25 PM |
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
Th price always matter after those series of dumps occurred in bitcoin marketplace, we can't control those situations that may arise. Because of its popular image since it begun to have legit adoption in several countries around the world, most businesses were now starting to implement digital currency payment system that uses blockchain technology. It has made the transaction more efficient and fast without any sort of delays, in order that it could provide their customer satisfaction guaranteed. |
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Naughty Princess
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October 12, 2019, 08:23:30 PM |
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Bitcoin indeed lose some popularity this past few months due to the dumped that happen, let's accept that fact that the reason why bitcoin got so recognized last year was due to its unbelievable price growth. But every time bitcoin price got dumped the popularity it got from the pump slowly fades.
Maybe it is not what to called losing of popularity but people lie low in using bitcoin because of low price. Some focus on earning it without investing while others trying to take risk of investing in every little amount. Bitcoin is not losing popularity but recognizes the uses and benefits from it as a currency. |
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pixie85
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October 12, 2019, 09:15:08 PM |
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Now its value is beyond the reach of ordinary people.
Nonsense! You can buy as much of it as you want. 10 years ago you could spend 100 dollars to buy bitcoin and now you can still spend 100 dollars and buy bitcoin. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries.
No. Bitcoin is popular in Venezuela and India. These are low income countries. You're making it up or do you have an article or survey to support it? |
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carriebee
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October 12, 2019, 10:59:32 PM |
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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 not losing the popularity if you see and hear they always waiting what will be the price of bitcoin. It's more popular now because some of are willing to accept bitcoin willing to use of every individual , country and so on. So I think what you said is not accurate news that bitcoin is losing the popularity because bitcoin is still popular. |
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Oceat
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October 12, 2019, 11:22:46 PM |
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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 may say it for now because you haven't seen the most worst part but at least the price is still higher than it was in the bottom. Once Bitcoin started to skyrocketed to the moon you may change your perspective. I think you haven't here before to know that this kind of losing part is just normal since it is a free and open market there is still a possibility that the price would change in the future especially when the halving part comes in. |
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kooboat
Member
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Activity: 235
Merit: 10
BountyMarketCap
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October 12, 2019, 11:53:46 PM |
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Bitcoin' s dominance and popularity is still growing stronger and it seems it is not stopping anytime soon. I find it very difficult to understand the point of the OP that bitcoin's popularity is going down. As a matter of fact bitcoin has really done well in terms of popularity so far as this year is concerned.
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Xxmodded
Sr. Member
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Activity: 2268
Merit: 309
Seabet.io | Crypto-Casino
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October 13, 2019, 12:38:30 AM |
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Who said bitcoin losing popularity? many investor keep trusted with bitcoin as investment assets and always re investing after bitcoin break dwon. As investment and trading bitcoin always give investor profit and many country want to regulation of bitcoin because how popularity of bitcoin in digital currency payment right now, bitcoin most talking by many investor and companies every day.
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crossabdd
Legendary
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Activity: 1316
Merit: 1145
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October 13, 2019, 01:17:06 AM |
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bitcoin has not lost its popularity guys, you can see bitcoin users from 2009 until now. it is increasing. I think bitcoin is in most countries of the world, if there are countries that don't understand bitcoin yet. maybe they don't have internet. it only takes time to reach all countries of the world.
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Murat
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October 13, 2019, 02:35:53 AM |
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I don't think so, Bitcoin is such a coin which has created this cryptocurrency platform, All of the cryptocurrencies are following the footstep of Bitcoin and itself is a pioneer of this blockchain system so far. I think the popularity of Bitcoin hasn't got any negative touch, It's a matter of value we've got in recent times. You know that Bitcoin is the most valuable currency in the current world both online and offline, a lot of countries are taking this platform very seriously for the future prospect, people around the world is going to adapt with Bitcoin and cryptocurrency because of some userfriendly features, It's true that there are some weakness also but blockchain is a strong future vision which is going to dominate in the future monetary platform. so the popularity of Bitcoin will not decrease.
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dimox
Legendary
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Activity: 1610
Merit: 1003
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October 13, 2019, 02:46:36 AM |
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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 know, because before bitcoin start rise the price, it price is low and after the price growing, many people join here, but it doesnt mean bitcoin lose popularity. maybe people just take a break because no movement from bitcoin. imagine people buy at high price at 2018 but until now they dont sell because bitcoin price is low. volume will high automatically when bitcoin price rise |
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yurekaa
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October 13, 2019, 03:07:05 AM |
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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 has not lost its popularity. Bitcoin remains famous and is the king of cryptocurrency. it's just that people don't talk about it anymore because for the past two years the value of bitcoin has continued to decline. but I'm sure when the value of bitcoin pumps up again to $ 25k people will definitely talk about it again. and you are wrong if bitcoin is only for the rich or developed countries. I live in a third country and I can afford to buy a bitcon. we don't have to buy 1 btc. We can buy BTC in Satoshi (0.00) |
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bounceback
Sr. Member
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Activity: 2044
Merit: 281
Seabet.io | Crypto-Casino
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October 13, 2019, 03:18:59 AM |
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maybe after I thought the popularity of bitcoin won't just disappear even though there are countries that don't allow bitcoin mining or investing with it, and maybe there are still many other investors who want to invest with bitcoin and there are still other countries that want to use bitcoin as digital money to transact with easy and safe especially now because more and more people are interested in bitcoin.
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