Is bitcoin truly moving forward?

[Xembin]

Yes, because the way bitcoin was low in price 2017 and the way the price is  low now in this 2020  show bitcoin is moving forward. Many population of people join bitcoin in this 2020 just because of the way bitcoin is improving in the market compared to other cryptocurrencies that is not encouraging their investors in profit making. I guess bitcoin is moving forward .

[Gotumoot]

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

So you are doubting if it is truly moving forward because the price is also moving backward or we are experiencing some dumps?
So how about the number of people now using it? The companies or even small business that are using it?
Bitcoin has grown too much since it was created if you would just base it on the price.

[kentrolla]

Ofcourse yes it's high time for BTC to begin it's next significant price rise, Since the May halving we didn't see any big change in the market but our expectations are higher as many of them are desperately waiting to see another big change to happen like 2017. However from the past few days BTCs momentum is slowly gaining attention to the users because we are in the last quarter of the season where there is more possibilities to see a big change in BTC Price.

[FACE 2 FACE]

For those who truly believe in this new technology, it does not matter whether bitcoin fell in price by $ 500 per day or increased. Real investors do not invest their money for short time. Vhen they are invest their money - they are ready to wait for decades. In the case of Bitcoin, this will be 100 percent justified.

[Distinctin]

That is what we are now and obviously we are moving forward into a better and huge adoption. People who believe Bitcoin will keep their faith in it. It is not a question if we are moving forward or not, we have already witnessed its changes already and that is enough to say that we are getting far.
From $1 to $12k, from zero adoption to 37-52million users? and counting. I'd say that we are getting close that Bitcoin will officially be considered as a currency.

[Peanutswar]

We all know the difference between the bitcoin and the gold.

The gold is still in the demand, this is today one of the rarest things we could have because this must be mined into different places, also this is used for jewelry so many people are using this but to only who can afford.
The bitcoin today is just easier to buy just go to the exchange supported by your country and transfer some funds you can now get your bitcoin, but how about the price of the bitcoin it this not fair?. The market of the bitcoin is volatile because there are different investors such as "whales" contribute a lot to the market movement also you can add the small-time investors that add the volatility of the bitcoin. There is a lot of establishments and platform are supporting the use of the bitcoin and one of this is gambling, trading and even website use the bitcoin as payment.

[MCobian]

Of course Bitcoin is moving forward, please see for yourself the movement of Bitcoin on the coinmarketcap site. Starting from 2013 until
now in 2020 Bitcoin has increased in price, it is true that current prices when compared to 2017 appear to be decreasing. But since 2017
was when Bitcoin was hype, so the Bitcoin price increase was too fast at that time. But overall Bitcoin is really moving forward in my opinion.
So there is no need to doubt the potential of Bitcoin.

[Sadlife]

Indeed Gold rarely see some 30% dump against Bitcoin that's very volatile in value, but you fail to see the difference between Gold and Bitcoin. While Gold is considered the safest asset, Bitcoin in the future will surely surpass it due to its advancements and convenience, it provide. No one wants to carry gold around because its heavy especially in large quantities while Bitcoin you don't need to stay in lines to make payments.

[LogitechMouse]

Regarding to your title, it depends on what is the definition of "moving forward".
In terms of technology development, its obvious that there are some upgrades into it. Now in terms of price, it also is moving forward so either of the 2 you can say that Bitcoin is moving forward.

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?

Nothing unusual. The going up and down of Bitcoin is just the volatility of it and its normal already. You see Bitcoin going low?? If you will compare its 2017 price to its current then yes it is lower but if you will compare to its price last March to its current price then it has already been tripled from near $4,000 to near $12,000.

if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away.

Like I said, the falling of the price of Bitcoin is just because of the volatility of it and not the depreciation.

Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

No one is happy if you see your portfolio at a loss but you have 2 choices. Either to cut loss if you don't want to risk more or to accumulate more when the price is going down.

[Jaered]

If bitcoin has been appreciating gradually like you wanted, how would millions of investors get into the market? By now it would be close to 100,000 USD thereby keeping away would-be investors, thus leaving cryptosphere in the hands of whales and institutional investors. So prices have to fluctuate to let some investors in and out of the market. So let bitcoin be. It has garnered a lot of traction in adoption. So i think it has grown over the years

[goldade]

To answer your question, Yes, bitcoin is moving forward.
Bitcoin is a very volatile asset or currency and can move in either direction, high or low at a great rate.
Although there's been an all-time price of bitcoin at $21,000 one should know that it dropped to as low as $3k and has since then been recovering and is now stable around $10k. This has shown how much of bitcoin volatility can happen.
Secondly, as an investor, you do not look at the short term price movements of the market but at what the future holds. Short term analysis of the market is meant for traders

[adzino]

If bitcoin has been appreciating gradually like you wanted, how would millions of investors get into the market? By now it would be close to 100,000 USD thereby keeping away would-be investors, thus leaving cryptosphere in the hands of whales and institutional investors. So prices have to fluctuate to let some investors in and out of the market. So let bitcoin be. It has garnered a lot of traction in adoption. So i think it has grown over the years

How would they get into the market? By investing in fractions of a coin. You do not have to own 1 full bitcoin or any other crypto currency to invest  and make profit. You can also make profit my investing in fractions of a coin. If a bitcoin costs 100k USD, you can invest in 0.0001 BTC and still make some decent profit. I wonder why people keeps on thinking that they have to own a full coin to make profits. If you still want to own a whole coin, then try investing in other cheaper well known altcoins. I am sure there will be tons of such altcoins.

[ekeh]

Bitcoin is a digital assets or currency, that is trading in the market 2hrs per day. Therefore, the price fluctuation is a function of demand and supply in the market, which no one can hold or control the market. Bitcoin still remains the best among other alt-coin.

[AniviaBtc]

Yes,ofcourse l feel bitcoin is truly moving forward. Think  if we compare it with gold, then l can say bitcoin will be profitable instead of gold.because l have invest in bitcoin. I think so.

What??? It is not because you invested on bitcoin, that will make the whole bitcoin profitable.

It depends on the holder or the investor if he will make his investment to it effective and profitable for him.

Bitcoin is moving forward in a way that the bitcoin community is growing and it is approaching in the mainstream. Although, there are still people who are not considering bitcoin as a currency, for those who are believing on its full potential should stay with it until the end. Our futures are secured when we make bitcoin as an asset to out investments.

[NelfiNovita]

In 2017 the price of bitcoin reached $ 15000 and after that the price of bitcoin fell so far and reached $ 5000 that many investors were disadvantaged. there are some investors who sell their bitcoins when the price drops and there are also those who hold their bitcoins until now.
at this time bitcoin has gone up again and reached $ 11,000 in my opinion the price of bitcoin will still continue to rise to $ 15,000 as happened in 2017.

[Kong Hey Pakboy]

Yes,ofcourse l feel bitcoin is truly moving forward. Think  if we compare it with gold, then l can say bitcoin will be profitable instead of gold.because l have invest in bitcoin. I think so.

What??? It is not because you invested on bitcoin, that will make the whole bitcoin profitable.

It depends on the holder or the investor if he will make his investment to it effective and profitable for him.

Bitcoin is moving forward in a way that the bitcoin community is growing and it is approaching in the mainstream. Although, there are still people who are not considering bitcoin as a currency, for those who are believing on its full potential should stay with it until the end. Our futures are secured when we make bitcoin as an asset to out investments.

Indeed. The only reason why bitcoin is keeping moving forward due to mass adoption that more people are buying and holding bitcoin because the price of it only depends on its supply and demand. Also, many people still do not believe in bitcoin's potential that they assume it is not worth it as an investment, so they miss the opportunity to have a bitcoin. Still, the time will come for them to accept bitcoin as a currency.

[Inkdatar]

Bitcoin is a digital assets or currency, that is trading in the market 2hrs per day. Therefore, the price fluctuation is a function of demand and supply in the market, which no one can hold or control the market. Bitcoin still remains the best among other alt-coin.

Well, agree to that bitcoin is the best among other altcoin, I bet op is just a beginner in crypto industry. Usually the price fluctuation is just normal that we may see it increase and in decrease. Other people have doubt in bitcoin because of lack of knowledge as to how it works. The adoption in bitcoin is moving forward as people are into buying despite the price fluctuations.

[GeorgeJohn]

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

I think you are confused about the "moving forward". It doesn't mean that if the bitcoin price becomes low it is not moving forward. The value has nothing to do about the bitcoin moving forward. Have you heard about the Bitcoin core ? You can search it on google. This means that bitcoin is truly moving forward. You don't say something moving forward because of the value, you have to know the development in order to know that if its really moving forward. A little advice, buy bitcoin when it is cheap and try to search about the bitcoin price drop and pump. It's all about timing.Always remember that ,investments include risks!.

I don't think is really confused but is trying to know things that he don't really know, it's our time to put them through stanza by stanza concerning cryptocurrency especially Bitcoin price been stagnant, because btc falling and rising is the area he needs clarification, and it's obvious that new user are capable of asking questions in order for them to comprehend.

[Silberman]

What must be considered and understood first is the risk posed by bitcoin. Bitcoin has a more volatile price and cannot be confused with gold. The price of bitcoin is very volatile. Moving forward and back is common. Investing in bitcoin should know about when is the right time to buy and when is the right time to sell it. Bitcoin in my opinion is really moving forward. When the price of bitcoin falls, it is a correction to be able to go up to a higher price level. Until now, bitcoin growth has been extraordinary and has become the most powerful asset during the pandemic.

One of the things many do not understand is that the price is not going to move in a straight line and instead moves in zigzag this makes difficult to see the increase on price over the years, however something very simple that you can do is to find the average price during the whole year and you will easily find that this average has been going up during every single year, and most likely this tendency is going to continue showing without a doubt that bitcoin in terms of its price is indeed moving forward.

[Alert31]

Of course, Bitcoin is truly moving forward from no value until it reached ATH last end of 2017 and now it is still valuable and keep on moving to reach another ATH sooner or later. Also, the development of bitcoin is not just based on it's value alone but also with it's use and other technical development.