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Topic: 10th Birthday, Bitcoin Price Is No Longer Exciting ? - page 5. (Read 1364 times)

sr. member
Activity: 1512
Merit: 316
for new investors, of course, the price of Bitcoin is currently bad and unattractive, but for the old investors with the price of Bitcoin they are currently still profitable even though not as big as last year. My hope is that in the 10th year of Bitcoin's, the future price can increase so that the Crypto world is progressing.

It is a long way to go for the Btc so now it is just a beginning and for new investors it is a great opportunity to enter and buy at lower price and can either hold or sell when they achieve their target . This way it more beneficial for existing and new comers too to buy at low and make a fortune on the bull run in coming time .
full member
Activity: 518
Merit: 100
for new investors, of course, the price of Bitcoin is currently bad and unattractive, but for the old investors with the price of Bitcoin they are currently still profitable even though not as big as last year. My hope is that in the 10th year of Bitcoin's, the future price can increase so that the Crypto world is progressing.
hero member
Activity: 966
Merit: 517
Bitcoin will continue to become profitable in the next decade because it has a lot of more rooms to grow. The excitements are temporary gone beause of its price downfall and prolonged bearishness in the market. The bullrun that happened in 2017 may not happen again in the following year because it has to accumulate first for a year or before the excitement return to the market again.
I think 10 years is just minor compared to what it can be in the next 10 years. I know it won't be from 3 cents to 20 thousand dollars type of increase I can see that however that is only bitcoin we are talking about and not the crypto world in general. If you look at the crypto world there has been a lot of new coins and new companies built upon the crypto idea that is making a lot of ways in the world right now.

This means if the first 10 years has helped us this much than it means the next 10 years will be even better. Think of the phones, when the first phone was invented it was not remotely similar to the iphones we have on our hand, it improved a lot since the first day. I think same could happen with bitcoin and crypto in general, we can definitely have that type of improvement in our life time.
full member
Activity: 899
Merit: 101
It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.
You're right.At the end of the day,it's still hard to make right predictions knowing that the market is so much volatile.So let's still stay positive all the time because we might be surprise that one day a bull run has already started.I think there are still exciting news for bitcoin waiting for us.
soon or later bull run will come to market.but we could not predict when it happened.investors prefer to wait and see before decided buying bitcoin or other cryptocurrency.
hero member
Activity: 840
Merit: 516
new people invest the money that experiences bitterness. but investors who have long been very fond of bitcoin. now cheap bitcoin is the time to buy bitcoin and save long term
Nothing is interesting if you are not interested and the same goes for Bitcoin. If you are not passionate about the business in Bitcoin, it will probably not interest you. It has been a decade of Bitcoin in the market and it is still interesting for the investors.

Those who derive satisfaction in earning with the currency invest in it with pride and hodl for long. In addition, since the productivity of this technology is high and still is new to investors, it is still possible to make a name in it but this fact has been revealed up o just few.
hero member
Activity: 3052
Merit: 606
It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.
You're right.At the end of the day,it's still hard to make right predictions knowing that the market is so much volatile.So let's still stay positive all the time because we might be surprise that one day a bull run has already started.I think there are still exciting news for bitcoin waiting for us.
legendary
Activity: 3248
Merit: 1179
It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.

Like op you are here for short time but you already talk about losing excitement, and because of what? Because price don't rise all the time? You people joined last year, when market has pretty nice uptrend almost all year, and now when price is stable between 6k and 7k dollars that isn't so attractive like rise from 1k to 20k.
If you doubt in that rise to 20k again why are you losing time with bitcoin? Go find something that brings more excitement, something like gambling, play poker and there you can win a lot in couple hours or lose everything even faster.
sr. member
Activity: 658
Merit: 250
Bitcoin's birthday will not have an effect on the increase in bitcoin prices, bitcoin can be affected when there is a very high demand and when there is good news such as when there is good news Bitcoin can be accepted to make payments and is legal in certain countries it will increase the price of bitcoin .
full member
Activity: 1120
Merit: 200
Turkish Translator
It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.
newbie
Activity: 32
Merit: 0
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
Uuhm… this has happened before. And I don’t believe that investors and readers are losing interest in Bitcoin. I know someone who is trading Bitcoin, and despite the things that are happening now he’s still trading and never shows signs that he’s worried about it. Don’t know what’s their secret but a lot of people are still reading and investing in cryptocurrency even till now.
sr. member
Activity: 786
Merit: 270
I agree-- No longer excitng. There are no signs of a bull run. Just blood everywhere. ONly few are actually reaping the benefits of it for their own conveniece. It is just very frustrating on our part as investors because we bought at a good price but then the reversal actually wounds our bitcoin. bringing our money down to the drain. the increase is very small-- small enough to just recover for the losses. Well what to do, that is what it is in the cryptosphere.
do not be frustrated with the current conditions, of course, if assessed globally from the beginning of bitcoin launching until now, it has been an extraordinary achievement. we have to spread optimistic news, so that investors have a future view
Current condition is not even a condition that will last forever, neither is it a condition that anyone need to be frustrated about, considering that it is giving everyone an equal opportunity to get on board. I still find it pretty amusing, when people prefer to hop into a moving train instead when everyone is getting greedy and busy calling the moon.

Now is the time to be calling the shots for long term investments, and as it keeps going lower from this point, if you have more money, just buy as much as you can, as that is basically one thing you cannot regret. 10 years anniversary and I can say over the course of these 10 years, price has been very exciting even in an overwhelming nature.
hero member
Activity: 910
Merit: 512
Bitcoin will continue to become profitable in the next decade because it has a lot of more rooms to grow. The excitements are temporary gone beause of its price downfall and prolonged bearishness in the market. The bullrun that happened in 2017 may not happen again in the following year because it has to accumulate first for a year or before the excitement return to the market again.

Bitcoin will remain the most profitable and stable cryptocurrency for a long time. As you see, its volatility is very low now, and it can be a signal that close to December - january BTC will start running up.
You know, I even imagine when people keep saying that price is not enticing and they are frustrated. What is not exciting in the price of something that was less than a cent years ago and now people are complaining about a $6000 bottom. Seriously, I can imagine how exciting the future will even end up being in that regard, considering the fact that a time will come when so many people will instead be looking at a higher value as non-exciting.

Depending on where you are looking at things from, as far as I am concerned price has been pretty good and consistently increasing over the years, and if that is not good enough for anyone, they can just easily move on.
legendary
Activity: 2380
Merit: 1343
The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of  FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.

Always btc cannot keep climbing and some time it has a quite year and 2018 till now has being one of those. But it does not signify that in future it will no longer be exciting and bull trend will keep continue and it will be still the best to make money when it comes in crypto currency.


Unfortunately tgere are some out there who expect exciting upward trends
in the FIAT value of bitcoin - All the time.

They are not willing to accept the current state of stability we are enjoying,
Stable also means the FIAT value if bitcoin is not falling which also means
there is greater adoption and belief in the currency than last year for example.

Its all very exciting IMO
full member
Activity: 812
Merit: 142
The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of  FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.

Always btc cannot keep climbing and some time it has a quite year and 2018 till now has being one of those. But it does not signify that in future it will no longer be exciting and bull trend will keep continue and it will be still the best to make money when it comes in crypto currency.
legendary
Activity: 1176
Merit: 1016
Bitcoin is not here to "excite" you in any way, you do not need to feel anything about the price of bitcoin. At the 10th birthday of bitcoin please stop starting topics that do not realize the purpose of what bitcoin was created for and try to please realize bitcoin is not something you try to make money with, it is money itself. People who turn their dollars into bitcoin and than sell their bitcoins for more dollars and go out spend that dollar are the wrong kind of people for bitcoin and have no idea what bitcoin stands for.

Specially this topic shows how misunderstood bitcoin is right now in the world. Bitcoin is a currency itself, you suppose to earn it and spend it like any other fiat currency out there. Do your job make money and spend it on stuff you want, it is not a commodity it is not a stock it is money itself.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
Bitcoin price is no longer exciting? It is exciting for me because bitcoin is valuable asset and it may fluctuate once people decide to take part with the market. It is exciting in my part because if ever I see bitcoin to move, this is the first year, I testified how bitcoin is great. However, if the price won't materialize, I will buy more bitcoin.
hero member
Activity: 868
Merit: 502
I agree-- No longer excitng. There are no signs of a bull run. Just blood everywhere. ONly few are actually reaping the benefits of it for their own conveniece. It is just very frustrating on our part as investors because we bought at a good price but then the reversal actually wounds our bitcoin. bringing our money down to the drain. the increase is very small-- small enough to just recover for the losses. Well what to do, that is what it is in the cryptosphere.
do not be frustrated with the current conditions, of course, if assessed globally from the beginning of bitcoin launching until now, it has been an extraordinary achievement. we have to spread optimistic news, so that investors have a future view

Its true bitcoin have an extraordinary achievement in 10years considering there is no CEO in it. From zero price and once reach $20k in just 10 years and having market cap more than 100Billions dollar is special achievement and i am believe it still continue in near future
Yes, I agree many forget that once not so long ago was bought pizza for 10 000 bitcoins.Today it seems unreal.So the price for the purchase at the moment is very acceptable and I am sure that it will only grow.I suppose I do not focus on the price,for me the main thing is that as many people as possible treat bitcoin positively and use it only for good purposes.10 years ago it was just an idea,today it is an expensive digital currency and in 10 years it will be the only international currency with an even higher price.
hero member
Activity: 980
Merit: 506
Bitcoin get great achievement in 10 years. From zero value and the price right now $6400. I think bitcoin always attractive investment. I think bitcoin price right now attracting more investor because they believe the potential of bitcoin
Even if the prices are not high now and we have experienced a huge downtrend for most parts of the year 2018, that does not mean the market would be like this forever. We have to understand that in as much as this is something a lot of people who bought at the peak may not like, it is a normal and healthy thing to happen in any market, and considering that this is a very new market, it is usually bound to happen like this. Nonetheless, we also have to understand as well that, as time goes on, the market will most definitely start testing new heights, there will be more development, and investors who are real believers in the long term will certainly be reaping the benefits.
hero member
Activity: 854
Merit: 501
I don't think so if the price of Bitcoin last year is not attractive to the investors as I remember 2017 last year, bitcoin price rapidly increased in the market at the last quarter of the year. I think this year, Bitcoin price having a lot of struggle itself that drastically downtrend in the market due to a lot of people wanted to manipulate the market. Since they have earned a lot of profit on this strategy they repeatedly their works that make bitcoins price stable in the market until now. Indeed, we are still lucky of 10 years existence in bitcoin we can still make a profit.

I think we are still struggling with the bitcoin price which is now in the range of $ 6,317.21, Indeed in 2017 it is the heyday of bitcoin by reaching its highest price.
if we go back to the past in 2015-2016 the price of bitcoin is still low, indeed on the 10th anniversary of bitcoin, there is no significant increase in prices.
But even now we can still benefit from the current bitcoin prices
Don't be a pessimist bro, just picture the price that bitcoin started with and the current price that is being considered as the low price, and you will definitely get the clearer picture than trying to look at where it is now, but concentrating on where it is going to be in the future.

I really do not know why a lot of people find that hard to understand or come to terms with, but probably, it is understandable that the mindset a lot of people brought into this space with respect to getting rich quick in the short term is what is affecting their judgment.
full member
Activity: 490
Merit: 100
in my opinion the price of bitcoin is still fun, although unlike 2017, we should not overdo it by decreasing the price of bitcoin, we just need to be patient and continue to pray for the success of bitcoin.
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