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Author Topic: BTC seems to be fading out and loosing popularity.  (Read 659 times)
geegaw
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March 19, 2021, 05:38:18 PM
 #41

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
You are totally wrong, if that is true, why there are too many institutions that invested in bitcoin, there are big and private companies that accept bitcoin.
Bitcoin is being popular and that is the reason bitcoin price now pumped so much because they know that this is a good potential for storing value. Maybe yes, bitcoin has been failed on the peer-to-peer transaction but in storing value people, will believe that they will get more profit upon holding bitcoin.
That is the fact here.
Well, the value of bitcoin will dismiss all such rumors, whether large individuals and companies will invest in a project that is losing popularity and is no longer interesting to investors, maybe people are smart enough and calculated enough to get the answers, we are looking to make money and of course, we will never invest in a project that has lost popularity. Some people's attention shifted to other crypto just because bitcoin has hit a big enough hit this year, chances are less for it than for other crypto but once it cools down, people will start flocking to it again

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March 19, 2021, 05:54:37 PM
 #42

Those who think bitcoin is fading and losing popularity, I think because they feel it is too late to get involved in bitcoin which is currently high in price.
and what I know with the recent increase in bitcoin price has gone viral and become an unexpected phenomenon with prices beyond expectations of those who do not believe in bitcoin and feel sorry for the delay to get involved.
actually during the pandemic and the increase in the price of bitcoin, the popularity of bitcoin was increasing and there were lots of advertisements and good news or news about bitcoin on social media and so on, and made a lot of new people involved from various circles

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March 19, 2021, 06:24:29 PM
 #43

When bitcoin jumped from $1 to $800 per coin did you consider it too expensive to buy then not knowing if you would lose money or not?  It's all relative.
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March 19, 2021, 06:26:46 PM
 #44

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
We can't actually tell if they're already late on bullish until it drops. ATM, it doesn't change still resisting again to come back on ATH and it doesn't show any signs that it'll drop sooner or later so they still have chances for investing in BTC. Yes, they're left out on the bull run but there will be always an opportunity to earn. There are what-ifs in investments and add those knowledge about the market, anything can be possible. Imagine if bitcoin still rises until it reaches a hundred thousand, then it is still profitable for those who are late to invest. Actually, there are no late investors, maybe they just want to risk because it's a huge benefit if they hodl it longer. Bitcoin doesn't lose its popularity, there are plenty of people who're interested and still waiting for it to drop.
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March 19, 2021, 06:32:04 PM
 #45

If $1 invested in fractional BTC doubles, what difference does it make?  Crying over spilled beer that you never had in the first place is an exercise in futility.
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March 19, 2021, 06:58:24 PM
 #46

Not that they don't feel like investing in bitcoin, these guys are majority noobs -Newbies- they search for advice and in anyway they can, some stumble on sources that discourages bitcoin investing, siting maybe because the price are high or many more, so this noobs are linked into alt-coins, it's just a so called experience person with no experience at all giving advice to  noobs/ -Newbies-

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March 19, 2021, 07:24:02 PM
 #47

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

According to data published by JPMorgan's strategists, the influx of Bitcoin retailers has exceeded institutional investment so far this quarter.

Retail investors have bought 187,000 BTC so far this quarter, compared to about 205,000 BTC in the last quarter. Over the same period, institutions purchased about 173,000 BTC, less than the nearly 307,000 BTC purchased in the last quarter. JPMorgan tracks Bitcoin futures, fund flows and company messages to collect this data.



The figures show that investor interest in Bitcoin is no longer dominated by Wall Street players, as it was last year. This, in my opinion, shows that the popularity of Bitcoin has not diminished.
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March 19, 2021, 07:54:14 PM
 #48

I think it is never too late to buy Bitcoin, because the price of Bitcoin will continue to rise. Even if we buy Bitcoin for $ 58k, will still make a profit.
Because I believe the Bitcoin price will still go up even higher, especially if we HODL for several years, surely the resulting profit will be much greater.
Then I don't agree if it says Bitcoin is losing its popularity, because it's a wrong assumption. With many institutions starting to invest in Bitcoin
this year, then the bullish trend is still happening today. It all has proven that the popularity of Bitcoin is getting higher, so don't be influenced
by what your friends say about bad things related to Bitcoin.

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March 19, 2021, 07:55:46 PM
 #49

Those who think bitcoin is fading and losing popularity, I think because they feel it is too late to get involved in bitcoin which is currently high in price.
and what I know with the recent increase in bitcoin price has gone viral and become an unexpected phenomenon with prices beyond expectations of those who do not believe in bitcoin and feel sorry for the delay to get involved.
It is never too late to enter in a market which get more popular by day. It is best to get on it rather than standing on the side wishing you'd had got in. Like many people on here, there are plenty who regret no buying BTC when it was under 10K because it was thought that it was too high of a price. Look at BTC now! Sometimes we need to look at the history to help us make better decisions. This is one of those times.

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March 19, 2021, 07:59:14 PM
 #50

Quite the opposite with what's happening to me recently. I have several friends who came and asked for advice on whether or not it's still safe to buy bitcoin, or at what price should they buy to maximize their investment. They are eager to learn still and do not feel left out, however they are kinda regretting that they haven't started years ago when I first introduced them to bitcoin. The number of curious bystanders on bitcoin increased significantly these past few months. Though not all of them have the intention to buy, I think that still counts as an interest to them that contributes to bitcoin's popularity right now.

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March 19, 2021, 10:10:13 PM
 #51

With news like this, I don't think bitcoin is loosing interest:
When someone concludes that bitcoin is losing popularity, this isn't the first time that I've heard it. When they're too focus on the downside of bitcoin and the falling wedges, they're going to say what will satisfy them even if it takes bitcoin negatively with their words.

Visa to allow bitcoin payments and explore crypto purchases with its card
And that's "loosing" its popularity.
News link: Visa Taps Deeper Into Bitcoin Through New Global Partnership With Crypto.com



 

 

 

 

 

 


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March 20, 2021, 04:51:00 AM
 #52

It feels weird when i read someone ask "This is too late to invest or not".

I've been read this same question since 2017 and i think almost everyone who believes in crypto knows the answer.

For #believer like me, it never too late to invest. Everyday is the bestday to buy bitcoin,
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March 20, 2021, 05:18:31 AM
 #53

There's no such thing as "too late" in my opinion as long as Bitcoin's price continue to go up. Your friend just need to chill and don't buy when the price of Bitcoin is surging to avoid expensive transaction fee, simple as that. However, it's not as bad as well if he is going to invest as well to other Cryptocurrency like ETH, MONERO, or even LITECOIN or whatever he find promising in the long run.

What I only like about investing in Bitcoin is that it's high volatility makes a good profit in the long run.
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March 20, 2021, 05:25:05 AM
 #54

The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50 percent from just a month ago, when it passed its previous all-time high of around $20,000.
The problem is that Mr. Thomas years ago lost the paper where he wrote down the password for his IronKey, which gives users 10 guesses before it seizes up and encrypts its contents forever. He has since tried eight of his most commonly used password formulations — to no avail.

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March 20, 2021, 06:38:09 AM
 #55

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins.
They had their chance, they didn't take it. They still have a chance, yet they are just complaining and whining how they missed the opportunity. Again there are those that missed the boat and are now just bashing crypto currencies in every possible way. It's just because they regret. Everyone still has their opportunity. Instead of investing in some random shitty altcoins, they can invest those money in bitcoin (no need to hold one whole bitcoin!) and make some good profit in the long run.
I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
If he wants to hold bitcoin for long term, then the fee is nothing compared to the long term gains. Your friend is just being prejudiced against bitcoin.

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bittick
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March 20, 2021, 06:59:57 AM
 #56

Maybe that's just in your circle, bitcoin is still really popular and not to mention many coins paired against BTC, aslo many people who trades alts usually also piling up their btc holding from the profits they got from those alt. in short, BTC is not fading out its popularity, it's just people just want to find a more fluctuative coins for the purpose of making profit.

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March 20, 2021, 07:54:06 AM
 #57


I do not think that Bitcoin is losing its popularity. Many people invest in bitcoin and its price grow.
Many politicians changed their view about Bitcoin. Here information about this - https://dailycoin.com/politicians-changed-view-bitcoin/
I think that it is very interesting and useful for read information

Not only politicians change their oppinion about Bitcoin. Many big venture investors changs their opinion too and start to invest in Bitcoin.
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March 20, 2021, 12:12:00 PM
 #58

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
People will of course prefer Altcoins for the reason prices matters but some investors convert their profits into Bitcoin rather than holding it all in Altcoins which is pretty risky compared to Bitcoin. I don't think Bitcoin is fading out and losing popularity because it is now the new play ground of some institutional investors.



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March 20, 2021, 12:28:10 PM
 #59

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

I have opposite thinking about this. If you are new in crypto your first and long term investment should be in bitcoin. Even though the price of bitcoin is high, but in the long run the investment in bitcoin will be the most profitable one and safe too. If you can buy any other alt, you will not be sure if it will grow in the long run.

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March 20, 2021, 01:14:20 PM
 #60

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
There are so many people who is being FOMO or fear of missing out in which they are thinking that they are already late on the roller coaster ride of this bitcoin especially today that we are seeing that the bitcoin is very successful and stable on around $58,000 to $61,000 and many people is thinking that it is not worth it to buy bitcoin anymore today because of the high transactional fees which is really brought by the extensive pump of bitcoin but what I can suggest is if you are looking for a long-term investment then I could probably say that investing to bitcoin is more profitable in the long run.



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