Are People Losing Interest with Bitcoin?

[KnightElite]

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

The trends come and go, that's their life story and the same is happening with bitcoin. People used to search a lot about bitcoin back in December 2017 when it's price peaked as shown by Google trends but that too went down a few months later. The trend of people searching about bitcoin increases with the increasing price of bitcoin and also decreases with decreasing price of bitcoin as per my theory.

They lose interest because the price of the bitcoin is now cheap. Back in 2017, all over the news there is a word "bitcoin" at that time the market is still bullish and the price of the bitcoin is expensive because it almost hit the price $20,000 per each.

[k@suy]

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

The trends come and go, that's their life story and the same is happening with bitcoin. People used to search a lot about bitcoin back in December 2017 when it's price peaked as shown by Google trends but that too went down a few months later. The trend of people searching about bitcoin increases with the increasing price of bitcoin and also decreases with decreasing price of bitcoin as per my theory.

When bitcoin price drops, people do panic thats why they loses their interest. They will sell their assests in exchange lower than the recent price so that they think they will get their money back and will not lose more than they have. But the thing is their losing interest will lose their money too.

[Eugenar]

I see it more that people are doing the opposite, which is to gain interest not just in bitcoin but also in other cryptocurrency in the market. I a sense that, we already have our strong foundation in our respective government that will provide us more support than before when they are keep us out of the cryptocurrency to protect banks. Regarding this, one of the things to consider is to take this opportunity as positive and to take advantage of it through investing and utilizing crypto, as well as to promote it with our colleagues.

[GideonGono]

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

It is not because the price go down can cause the lose of interest by the investor. If you start at 2017 you can see the difference until now that it was high enough. They really hard to increase the price but it was totally high.

[asus09]

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

It is not because the price go down can cause the lose of interest by the investor. If you start at 2017 you can see the difference until now that it was high enough. They really hard to increase the price but it was totally high.

Trend of interested with bitcoin have decrease with many investor less trusted with bitcoin after price very low than how bitcoin higher price during end of 2017, many investor look confused with their investment, will bitcoin can back to higher price above how bitcoin price last 2017 or not, they still confused how to do cut lost or waiting bitcoin back again with the same value in 2017.

[millennium00]

I consider that interest in Bitcoin has increased, obviously not at the level of what happened at the end of 2017, because that growth was record and everywhere I was talking about it, however, after the fall, Bitcoin demonstrated its strength and progress is being made with firm steps towards more practical use and greater market capitalization.

[Gotumoot]

They are not losing interest, they are just looking for the right timing, They are likely to fall victim to a sudden collapse of bitcoin or ICO scams. I'm sure these people will come back again when they see that bitcoin prices are rising and this will happen when bitcoin halving comes.

So let's wait for this day as we can see bitcoin again on television, radio and newspapers

[bitcoinposts]

People are nt losing interest on bitcoin recently we have seen they are coming up with more searchs on bitcoin and etherum

[Boov]

There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

It is not because the price go down can cause the lose of interest by the investor. If you start at 2017 you can see the difference until now that it was high enough. They really hard to increase the price but it was totally high.

Trend of interested with bitcoin have decrease with many investor less trusted with bitcoin after price very low than how bitcoin higher price during end of 2017, many investor look confused with their investment, will bitcoin can back to higher price above how bitcoin price last 2017 or not, they still confused how to do cut lost or waiting bitcoin back again with the same value in 2017.

They are  losing their interest because bitcoin price now is low but not too low, people always has a high expectation in bitcoin, the thing is we all are, so that when bitcoin price doesnt meet our expectation it disappoint us and tend to lose our interests. But we need to overcome this, we might feel this way because we afraid to lose some in this market situation.

[Memminger]

I think it’s true though that people are losing interest with Bitcoin especially after the $20000 peak way back 2017. I was one of those people since the market became so unstable and so as the months that precedes which the price crashes so low compare to the ATH. But you know, people would soon be interested again like me. The market is a little bit stable now compared before.

[Kunnu]

I think nobody is loosing interest who already understands Bitcoin in a positive way the current market situation indicates that it's time to have patience so the smart investors are waiting for a right time for almost two and half years but some are getting panic that's why they are leaving on a wrong time but it does not matter. Those people who understand the value of Bitcoin, they won't loose interest on it even I think the graph of interest in Bitcoin is increasing almost everyday.

[Ziskinberg]

I think it’s true though that people are losing interest with Bitcoin especially after the $20000 peak way back 2017.

That's not true, if some people panic because of that long correction, the smart whales are just accumulating what they have dump because this market again will have a new great bull market in the long run, if they believe in bitcoin, there is no reason to panic even if it dump because bitcoin will continue to exist and at the right time, it will make ATH after ATH.

[fiulpro]

Considering how many cryptocurrencies are in there right now in the market and how affordable it Is for some people to trade in them and hoping it would go like Bitcoins they are in general more interested in those but at the same time people who are already in the Bitcoin's business knows better.
They are still into this and just waiting for the Bitcoins to grow and go up and if that doesn't work soon enough I think it would be a major set back.

[d3nz]

I think there are a lot of people who are losing interest in bitcoin. And I think that is because of the current situation of the prices. They don't think it is profitable enough that is why a lot of people are dumping their funds and just quit entirely.

It will surely become hype again once the value of bitcoin pumps up and it will become trend once the halving is completed by next year. That's it is recommended to accumulate while value is still cheap but it might go much dip so we could wait and take advantage.

And people loss interest in bitcoin because it plummets really hard last year 2017. That's why it really affect the value maybe only less people are still investing and ICO are also the reason because some projects are scam.

[atjiat]

I think it’s true though that people are losing interest with Bitcoin especially after the $20000 peak way back 2017.

That's not true, if some people panic because of that long correction, the smart whales are just accumulating what they have dump because this market again will have a new great bull market in the long run, if they believe in bitcoin, there is no reason to panic even if it dump because bitcoin will continue to exist and at the right time, it will make ATH after ATH.

It seems to me that still a lot of cryptocurrency users are confused, because they lose confidence in the future prospects of bitcoin.  To date, there are quite a lot of coins that can be better than Bitcoin in technical specifications, such as Ethereum.  I believe that today Bitcoin looks very valuable due to its volatility, but I would like to see Bitcoin, which is very actively used in practice around the world.  This would increase its value many times, but because of its instability, even the legalization of bitcoin is a big question.

[tungaqhd]

I think it’s true though that people are losing interest with Bitcoin especially after the $20000 peak way back 2017. I was one of those people since the market became so unstable and so as the months that precedes which the price crashes so low compare to the ATH. But you know, people would soon be interested again like me. The market is a little bit stable now compared before.

Interest in bitcoin has never faded, it can only increase and increase over time but with the success of bitcoin in the past, compared to the moment right now, people are really confused because of a significant decline in bitcoin, the question is whether this could be the bottom of bitcoin or not, only if this question is answered and bitcoin proves the end of the decline, people's determination to bitcoin will return, they will no longer worry. No one is not interested in profit, especially bitcoin is a place that generates too much profit

[AjithBtc]

Every day the interest over bitcoin and other cryptocurrencies was increasing. The increase in the interest can be seen with the increase of market places accepting bitcoin. More countries also begun to regulate the usage of bitcoin. Years back these countries were completely against the usage of bitcoin and other cryptocurrencies.

[BigBoom3599]

I guess this is the result of the current bear market we are in. People that are only interested in BTC for the profit are losing interest because we haven't 10Xed in the past month, they came here for profit, lost their patience and are now leaving. In the background however things have never been more positive, there is great news coming from every place in cryptocurrency and adoption is increasing, but that isn't something people notice, which is why they lose interest. If/when we return to a bullish market it will look like people are interested again and the space is alive again, but in reality it has never been dead.

[Bitcoin_bullish]

I said to a tech person that Bitcoin was back at 10K levels since months and he didn't believe me until he checked the price online. I guess it's just us watching daily the news and indicators, while trying to figure out the movement of BTC price. I am in for the profits as well, I don't deny this, but still there is something in Bitcoin more than this, that made me stay and research.
The interest will be back once we promote Bitcoin in a correct way, talking about the tech and the positives it can provide for the world. Promoting it as a store of value and as means of exchange helps. Still on every pump action that happens, the wrong people take over and promote it as a way to get rich quick. This is not what we should be doing at all.

[Oneandpure]

I guess this is the result of the current bear market we are in. People that are only interested in BTC for the profit are losing interest because we haven't 10Xed in the past month, they came here for profit, lost their patience and are now leaving. In the background however things have never been more positive, there is great news coming from every place in cryptocurrency and adoption is increasing, but that isn't something people notice, which is why they lose interest. If/when we return to a bullish market it will look like people are interested again and the space is alive again, but in reality it has never been dead.

Bitcoin will popular when price above $15k, many investor talking with bitcoin and altcoin investing. They will make bitcoin interested by many investor if have higher price, less talking forum when bitcoin still down. there are not available for community want to discuss with blockchain and bitcoin ac currency payment if bitcoin price still not growing up, don't worry with lost interested with bitcoin just wait when bitcoin up.