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Topic: 10th Birthday, Bitcoin Price Is No Longer Exciting ? - page 8. (Read 1371 times)

legendary
Activity: 2576
Merit: 1655
I really don't understand why people says that bitcoin is not doing good this 2018. The price is still strong at $6k so for me those can be celebrated with its 10th year anniversary of the white paper publication.

And as others have pointed out, there are good and positive news in the next coming months, so who knows, maybe in its 11th year anniversary, we may see 6 figures.
member
Activity: 459
Merit: 10
I think it is still very attractive. For investors at high prices, it will certainly bring an unpleasant mentality. But for a new entrant to the market, the price of a low Bitcoin will definitely be an opportunity. So I think the price of it is quite attractive to me and some people take advantage of the opportunity.
full member
Activity: 420
Merit: 136
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.
That has been my view too.  Bitcoin has makes significant progress in pricing since inception and $6,000 and above was not in our thoughts some years back. We really have to appreciate ourselve and bitcoin were it is today.  If not for anything but that it remains stable above $6,000 and $5,000.
10years of survival is not a small thing.  There are many discovered that come up like this and today there have no values . We should celebrate and be happy.  I know many have lose money and this will keep happening as far as the human system remain.

It's because so many people get stuck in the trap of false expectations and false realities, they see everything but the best possible scenario as a failure which is far from the case. Bitcoin has navigated the hardest years in terms of development and adoption, most new ideas fail to get off the ground and bitcoin has far exceeded that.
full member
Activity: 432
Merit: 126
Indeed bitcoin's bprice is not doing well in the market, but let history speak for themselves. People are just worried in the current situation of the bitcoin market because many of them bought bitcoin in a higher price knowing it will continue to rise continously. But sadly, this never happened. Instead, it keeps on declining so that some investors loss big. But, bitcoin is already did from the start. If you just see the history of it, you can tell that its no difference if you compare it today
hero member
Activity: 2128
Merit: 530
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I don;t know why people are just focusing on the price action this year instead of looking a tthe big picture, look at the intrinct value Bitcoin has added to the society at large.

How many millionaire has been made by BTC in the past 10 years?
How many people have been  set freed financially in the past 10 years just because of Bitcoin?
How many businesses have been built around and on Bitcoin in the past 10 years?
Has Bitcoin reached half of its potential?
Has Bitcoin affect our lives positively in the past 10 years?

if one answer all these questions sincerely we can see Bitcoin has done very much for us than looking at the current price action
member
Activity: 476
Merit: 17
The price of Bitcoin is influenced by a lot of different factors. Considering that the unfavorable situation in the crypto space as a whole is now natural, the demand for Bitcoin has decreased, but I am sure that as soon as the price rises as a result of the arrival of new investors, there will be a demand that will push the price up. The general revival of the market will facilitate the arrival of new investors, this is a natural process.
jr. member
Activity: 48
Merit: 2
Price was not exciting 10 years ago in the whitepaper,  finally it's getting back to the point where more users understand that the main value of BTC lies far beyond its price. Cool
member
Activity: 456
Merit: 15
Why is its birthday expensive? There is a big birthday on Bitcoin in 2017, so you may need to take a break this year, and you don’t need this every year. If the market can predict the whales, they will not hide.
member
Activity: 406
Merit: 11
actually there are a lot of good news related to bitcoin and is expected boost the current market conditions, but again, the bad news shows up about the hacked exchange, you can check here https://www.forbes.com/sites/billybambrough/2018/10/29/bitcoin-prices-hold-steady-after-sudden-canadian-exchange-shut-down/#165bdfe1641e
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
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 its true bitcoin still in a good shape, even though many people thing investing in bitcoin is not a good idea anymore, but stilli think bitcoin still the best investment. Investing in bitcoin might be bad in short term but for a long term it would be really good, lets see what bitcoin price will be after bakkt launched in december and etf bitcoin approved.
jr. member
Activity: 31
Merit: 10
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
jr. member
Activity: 280
Merit: 1
As the bitcoin pass its 10 years , it is also in the timing that the market is falling down and the price value of bitcoin and other altcoin is falling down , that is why some investors are not more excite of the value of bitcoin , but we shall also appreciate the things the bitcoin has done to  many people and giving them the oppurtunity to improve their life.
member
Activity: 378
Merit: 10
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

The latest or new investors that just started investing in Bitcoin are not on a proper time, they most experienced a bitter lost as you said because since the last of 2017 the movements of bitcoin price is not significantly increase. It is all just about time, it should be appreciated the decision of dealing with bitcoin.

sr. member
Activity: 726
Merit: 250
Satoshi's original Bitcoin whitepaper is 10 years old today.We witnessed Bitcoin not yet come back and show the power of a powerful king in the crypto market.The price was still $ 6,330 slightly disappointing for many.
sr. member
Activity: 2030
Merit: 356
sr. member
Activity: 1498
Merit: 271
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Some investors think bitcoin as less exciting as last year due to lower price. But, don't you ever think that bitcoin is not originally intended for investment. It's originally designed as a new payment system functioning as digital cash that has no central authority. However, crypto enthusiasts treated bitcoin as an asset due to high-risk high -return investment making early holders.of bitcoin really rich.
full member
Activity: 938
Merit: 105
Although the price is not attractive to investors by the time of 2017.But this price with investors this time is ideal.We do not think the 10th anniversary of the Bitcoin price will increase. Its price is not higher than before, but the potential of the fire is still possible with Bitcoin at any time.Then it is attractive for each time you invest in it.
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.
copper member
Activity: 2044
Merit: 793
However, this achievement was slightly tarnished due to its downward trend.
I don't doubt that's actually true. The revolution bitcoin has created and development thus far can't be tarnished, not even by the down trend.


Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.
It can only be said only for those who are either shortsighted at technology or Are in it solely for the temporary benefits. 70% Of those you refer to as "Old buyers" are probably from mid 2017 and I would rather refer to them as opportunist.
full member
Activity: 395
Merit: 100
Although the price is not attractive to investors by the time of 2017.But this price with investors this time is ideal.We do not think the 10th anniversary of the Bitcoin price will increase. Its price is not higher than before, but the potential of the fire is still possible with Bitcoin at any time.Then it is attractive for each time you invest in it.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
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
I don't see the logic behind this statement.  Most ICOs shouldn't even exist, because they're either outright scams or based on creating a solution to a problem that doesn't need a blockchain solution.  The tokens fall in value because the people who invest in them are most likely not true-believers in the project but speculators looking to get out as soon as they can--and that has nothing to do with bitcoin.

Quote
The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin

What the hell are you talking about?Bitcoin is NOT a token.
Token, coin, digital asset, whatever.  The main mistake in the above quote is that the ICO market doesn't allow people to buy bitcoin.  It allows them to buy the shitty ICO tokens, which should NOT be equated with buying bitcoin.
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