10th Birthday, Bitcoin Price Is No Longer Exciting ? - page 3.

wormgummy019

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Quote from: nicunicu on October 30, 2018, 11:23:45 PM

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.

yvesp110

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Quote from: nambunamba on November 13, 2018, 08:55:06 AM

Quote from: Indrawan77 on October 31, 2018, 01:20:32 AM

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.

Circumstances are now getting good, people are trusting crypto currency specially the bitcoin they are investing and it is making everything get so positive. I can clearly see when I talk about bitcoin in my friend zone they take good interest and they become asking me question so all according to these points same as you I am sure price of bitcoin will start moving towards top very soon.

yitzjoe

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after almost reaching the age of 10 bitcoin is getting older and they have begun to accept many problems that must be faced for bitcoin to continue to exist and advance to benefit the community. at the age of 10, bitcoin has been able to give problems to many world banks and the global economy to overhaul something they think is wrong. hopefully bitcoin can continue to bring crypto in a better direction

Bezobraznike

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Quote from: miningguru on November 16, 2018, 02:51:56 AM

Bitcoin price is still valuable in the market which many people have strong faith in Bitcoin, even though the price of Bitcoin is decreasing many people want to grab the Bitcoin because they know how potential Bitcoin is going to be.

That potential in bitcoin is what attract people to it, and for me bitcoin price is exciting from the day one.
Its never calm, it have some periods of stability, when price fluctuate in some small range, but in some moment
price wider its range and we saw how bitcoin is capable to go very high, or to drop down fast. I believe that I
will never lose that excitement I get from trading and speculating.

miningguru

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Bitcoin price is still valuable in the market which many people have strong faith in Bitcoin, even though the price of Bitcoin is decreasing many people want to grab the Bitcoin because they know how potential Bitcoin is going to be.

Willarrmay

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Quote from: nambunamba on November 13, 2018, 08:55:06 AM

Quote from: Indrawan77 on October 31, 2018, 01:20:32 AM

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.

brooklynian

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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.

cryptodv

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btcstakes.com

You're right, especially this week. $BCH fork has something to do with it as well. Hopefully we can bounce back from this. It's looking grim though.

laredo7mm

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In the year that has reached 10 years now Bitcoin is experiencing a bad thing because this year has experienced a substantial price decline. and it will be noted that the price of bitcoin has decreased to 5K now

hahay

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Leading Crypto Sports Betting & Casino Platform

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.

wingsthegreat21

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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.

dewi91

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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.

Blanca_Gregory

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You say that now because the price has been in the same range for the past couple of months, but once it starts rising again, you'll see. More people might be joining the crypto world. The thing is, bitcoin's price has been in a bubble this year but it's expected to rise by the end of the year, or at least next year. That alone is something we should all look forward to. Besides, ICOs have little, if not nothing, to do with bitcoin, you know.

Ahimoth

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Quote from: sakokinak on November 13, 2018, 11:15:12 AM

Quote from: cryptodv on November 10, 2018, 09:59:12 AM

No longer exciting?? Bitcoin's price is $6400. Is Gold that price? Noooo. It's only the beginning. That bull run was a concealed bear trap. Wink

I like that the price of Bitcoin finally stabilized. i know that in the future, it will be only growing, thus, I am ready to hold BTC. However, i trade altcoins. Suppose, i have more than 20 tokens in my portfolio.

Well sometimes I feel it that Bitcoin price is no longer exciting because it remain below unlike last year its price goes really higher. But I know Bitcoin has still have potential even its price is not higher right now. I think we should more patience for the rising price of the Bitcoin because for sure it will be back and rise again, just don't give up and continue to believe to it.

sakokinak

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Quote from: cryptodv on November 10, 2018, 09:59:12 AM

No longer exciting?? Bitcoin's price is $6400. Is Gold that price? Noooo. It's only the beginning. That bull run was a concealed bear trap. Wink

I like that the price of Bitcoin finally stabilized. i know that in the future, it will be only growing, thus, I am ready to hold BTC. However, i trade altcoins. Suppose, i have more than 20 tokens in my portfolio.

joshv06

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Activity: 991

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Quote from: nambunamba on November 13, 2018, 08:55:06 AM

Quote from: Indrawan77 on October 31, 2018, 01:20:32 AM

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.

Bitcoin Price in the year 2010 it was $0.31 but today we see it reached around $6400 which shows in 8 years it shows tremendous growth in the market. 6400$ is the stable price of btc from past few months this shows some positive result that it will grow and reach 10k in upcoming months. I believe Bitcoin will continue to be a profitable option for investment because it has been proven to recover after sharp drop of prices.

nambunamba

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Quote from: Indrawan77 on October 31, 2018, 01:20:32 AM

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.

NoobyIntellecutual

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Quote from: pinoyden on November 02, 2018, 01:41:01 AM

10 anniversary is nothing to do with the price but if some bitcoin enthusiasts decided to celebrate and give bitcoin a gift then that is the time that we can expect a noticeable gains . meanwhile , bitcoin is still existing because we can see that it has a stable value and it is still being used all over the world in many services whether it is offline or online .

Also , you can only say that a thing is not existing if you cannot totally see or feel it . in the case of cryptos , all cryptos are visible because we can see their values in a digital form . therefor we cant say that they arent existing .

Honestly, instead of seeing people focus on what bitcoin has not been in value in this year, they should be focusing on what bitcoin has been in value for 10 years and they will get to understand that the future is what we should be after here and not the current things we keep looking at as a problem which is what most newbies are guilty of.

The market has been in an uptrend and it is still growing every single day, so for most part of it, if anyone cannot see that, and then at least, inculcate it into their mentality that the long term is something that is pretty certain and makes the most sense to focus on, then, I really do not know what else to tell them.

rickyNmorty

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Quote from: cryptocrusher on October 31, 2018, 07:42:22 AM

If you would have told anyone 10 years ago that one day bitcoin would be worth $6000+ they all would've been amazed and bitten your hand off for such an offer. In 10 years time we might be able to say the same again, I would say that's pretty exciting.

This is real. We can really say that everything might has the possibility or potential to happen. No one can really predict what will really going to happen in the cryptocurrency market. Therefore we should all wait amd build enthusiasm in cryptocurrency. This will surely bring us to better future.

gelinshidong

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This is not an adult gift for cryptocurrency. There is no birthday in the financial market. This is not a toddler game. Maybe it has been this year's birthday in 2017, you should not watch the 10th anniversary of cryptocurrency. What you should see is the next decade.

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