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Topic: 10th Birthday, Bitcoin Price Is No Longer Exciting ? - page 2. (Read 1371 times)

full member
Activity: 462
Merit: 100
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I don't know. I mean if you're talking about the price spiking again to be "exciting" then I'd say that it true in a sense, but saying that the price now is not "exciting" is frankly wrong. I mean this year is the year I've finally bought a whole Bitcoin so thst for me exciting enough. It is a matter of perspective.
full member
Activity: 518
Merit: 100
If Bitcoin can celebrate birthday, then all investors will only buy it on their birthday, which is obviously an incorrect comparison. Bitcoin is not a person. Although it is not happy at the age of ten, I believe it will change the world when it is 20 years old.

I am sure, it will change the world earlier. As you see, many leading world companies start to use the blockchain technology. It is used even in the so-called ex-Soviet countries. Suppose, BTC will live for long.
legendary
Activity: 2128
Merit: 1775
I feel this 2018 coincides with the 10th bitcoin age being born, in this opportunity the price of Bitcoin is really tested by our patience about prices,
1. Do we still think positively about Bitcoin,
2. Maybe this is a step towards success for Bitcoin or,
3. trials on bitcoin and investors accept positive or negative.
All of this depends on everyone's thinking, a good start and then remains good for Bitcoin.
member
Activity: 700
Merit: 10
Bitcoin price still exciting. After drop from $20k to around $4400, i think its bitcoin price still higher compare with the price at early 2017. I think its time for buying bitcoin after drop more than 80% from highest price
newbie
Activity: 32
Merit: 0
Yea, it is true. I quite agree with you. People are not really excited or motivated anymore to participate in Bitcoin investment due to the negative trend in the greater part of the year.
The reason for which is no doubt the down market but people forget that these are the phases that appear and fades with the passage of time and they should be really professional about the business rather than showing unprofessionalism.
hero member
Activity: 1064
Merit: 500
Low or high bitcoin prices I think it's a exciting, something unexciting is if bitcoin dies. Falling prices are at least not a reason for us to leave Bitcoin, we know the crypto market is always fluctuating but I am surprised, why when they find out about the characteristics of the crypto market, they are always pessimistic when they see a falling market.

Bitcoin will be always something very exciting for me. 10 years ago no one could even suppose that the invention of this cryptocurrency could further bring so many changes into the life of millions.
newbie
Activity: 29
Merit: 0
For me its always true that bitcoin have an extraordinary achievement in the next coming years considering there is no regulator in it and if you will think and imagine from zero price and once reach its peak in just a couple of years and having market cap more than a billion dollars is special reward and i believe it will still continue in the upcoming years.

Don’t go there we will be having a good time in next month too. See the price now and wait for Christmas. And then see the blossoming of bitcoin. It will touch more than 22 thousand.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
The price of bitcoin may be much lower when we compare it with previous year but we can't say it is boring now because we are facing several market situation in these 10 years and the price grown from dust to a huge mountain and still many people are just waiting for the right moment to invest and if the bull run begins we may see another crazy run in the crypto market so until that hold on.
member
Activity: 462
Merit: 11
The problem in most investors is they are always looking in the price of things(in which in the most part is needed in order to get a profits) but little that most of them kbow investing is not only for getting profits but also giving value on something in order to make value in a certain market while they are getting some profits and this is what most of the crypto investors do not understand, because even thought the maket made a huge dip the technology that comes with cryptocurrency has still so much potential and we even havent made it into the mainstream market. It is just too bad that right now the market is saturated and being manipulated in some way.
hero member
Activity: 1302
Merit: 503
Yea, it is true. I quite agree with you. People are not really excited or motivated anymore to participate in Bitcoin investment due to the negative trend in the greater part of the year.
They are still waiting bitcoin price cheaper and then pump it again. We are now also waiting ETF decision on next month.

No longer exciting? Where? If you compare bitcoin value since it started and with current price how much profit you will get? (Approx above 50000x)
- I do not understand why you always bring the value of bitcoin at the present time to compare with the past, the past is over and everyone has thoroughly exploited the potential of bitcoin, and now bitcoin is starting to stop in development, even falling to the bottom very deep. It is no longer interesting, although the popularity of bitcoin is still increasing but very little new capital is brought into the market, new investors have clearly known that this area is overcrowded, the opportunity to make money is very low while the opportunity for loss is much higher
hero member
Activity: 901
Merit: 500
Yea, it is true. I quite agree with you. People are not really excited or motivated anymore to participate in Bitcoin investment due to the negative trend in the greater part of the year.
They are still waiting bitcoin price cheaper and then pump it again. We are now also waiting ETF decision on next month.

No longer exciting? Where? If you compare bitcoin value since it started and with current price how much profit you will get? (Approx above 50000x)
hero member
Activity: 1092
Merit: 523
Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Yes bitcoin still on a good track and the price are more stable compared against market stock. Bitcoin will keep exist and will be use for transaction and for investing to ICO, so i believe bitcoin will keep remain cause there is still a good demand in the market.
Right now, good signs are for buyers. For sellers it is waiting time. Don’t let your mind shoot up rather keep it cool. Make good decisions and buy more bitcoin. This will be a good investment.
That is it! For those who are smart enough to know that lower prices are meant for buying, they will know this is perfectly a good time to make that happen. However, it is always going to be hard to have that mindset if you do not even have a clue of what you are investing and what the future holds for what you are invested in.

That is something a lot of people actually are not willing to know and when it comes to bitcoin and cryptocurrency, what basically comes to mind is, I want to get rich and that is something that does not just happen overnight as far as I am concerned.
hero member
Activity: 1190
Merit: 534
Forget the price, I am impressed with the spectacular growth of Bitcoin in such a short period. The year 2017 was the year when Bitcoin and blockchain technology went mainstream as it is impressive as compared to any other innovation (especially in the financial/payment system category). However, there are some issues as well, which are obstacles to the growth of it. Let's have the positive approach and I do see an optimistic picture in next 10 years from now.
jr. member
Activity: 196
Merit: 1
Yea, it is true. I quite agree with you. People are not really excited or motivated anymore to participate in Bitcoin investment due to the negative trend in the greater part of the year.
member
Activity: 333
Merit: 10
If Bitcoin can celebrate birthday, then all investors will only buy it on their birthday, which is obviously an incorrect comparison. Bitcoin is not a person. Although it is not happy at the age of ten, I believe it will change the world when it is 20 years old.
jr. member
Activity: 193
Merit: 4
Well the cryptocurrency market in this year 2018 has faced a lots of challenges due to it fall in price and so much unsuccessful projects and projects falling behind it expectations, so many ICOs have gone down beyond it ICO price when launched on exchange. But bitcoin 10th birthday has cone and gone and as long as the market remains volatile we hope for better days to come.
full member
Activity: 476
Merit: 100
Bitcoin price is still exciting for me because in this year the price is low Volatile, its better than I seeing bitcoin price increase significantly and then go down again. This time is a good time to buy and hold it for long term investment. Bitcoin is still worth as a long term investment.

Hope, that in the future, Bitcoin price will excite all of us much more. I still have a feeling that the bulls are very close, and the bears will leave the market finally. Probably, in will be in December.
legendary
Activity: 1442
Merit: 1025
The price is not exiting at all. I am just hopeful that it will only get better with time. I don't know what exactly is responsible for the persistent cryptocurrency price decline. So many reasons have been given by several individuals but they don't seem to convince me that nothing is fishing.
It is a normal thing for people to say, considering the rate at which a lot of people after holding from the peak and expecting a change of scenario over time to at least start seeing the promises of making something substantial from the space, are basically worried with even the ongoing downtrend the more.

You have to understand that decline is a normal thing in the market, and possibly you should go check the historical prices and fluctuation of gold and silver over time, and in that case, maybe you will see the reason why for every new market, it is something you have to be ready to deal with, but at least, if you know the potential of what you are worrying with, bothering yourself about now is something that will never come to mind.
jr. member
Activity: 294
Merit: 1
The huge expectations from bitcoin by so many people, in my opinion has been a sort of burden for the coin. So many expected it to make them rich overnight, and once that failed to happen, they start seeing the coin as a failure. Bitcoin has not lost any excitement. It is people that are expecting too much from it.
hero member
Activity: 3010
Merit: 666
How was the response about the bitcoin economic market for 10 years which experienced an increase and decrease ?

Bitcoin will soon celebrate its 10th birthday. However, this achievement was slightly tarnished due to its downward trend.

The Wall Street Journal reported, in 2017, the price of digital currencies launched in 2008 had surged to 1.375% because investors and traders were interested in Bitcoin.

However, the price of the most popular digital currency has fallen considerably until the third quarter of 2018. The price of Bitcoin has dropped more than 60% from the highest price last year, according to Coindesk data. Last week, the price of Bitcoin had gained 4%.

The overall cryptocurrency market is worse: the combined market value of all crypto currencies plunged 13% from the previous quarter, down from US $ 255 billion to US $ 221 billion on Friday, according to CoinMarketCap.

This decline was contributed by a decline in the market value of large digital currencies. Ether, which is used in the ethereum network, dropped 51% each and Bitcoin Cash and EOS dropped 28% respectively.

Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.

According to Blockchain.info, the average transaction price in quarter III-2018 reached 217,000 digital coins. This figure is far below the average daily transaction in the fourth quarter of 2017 of 319,000 coins.

The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin to be developed or offered in the future, is equally insecure. The ICO market has raised US $ 12 billion this year, according to data from research company Diar and TokenData, about double that of 2017.

However, the company calculates that 70% of the current projects have fallen from the price when the ICO was completed. Maybe this is what affects the difficulty of increasing the price of bitcoin on its 10th birthday because the average "ico will decrease by 50% after launching
It is still exciting especially for buyers, they can take the opportunity to buy more bitcoins and invest it. Bitcoin price is unpredictable so if you are really determine to earn huge the you need to have longer patience.
Yes.I also prefer to be optimistic this time.This downward trend that we are experiencing today might not stay forever so we should grab this chance by buying cheap but potential coins.We should not lost our hopes because if we will be driven with fears and frustrations,then we might lost our chance to still make huge profits in the future.
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