Are Bitcoin fundamentals getting stronger or weaker? - page 2.

geminiboy

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Quote from: funchiestz on January 05, 2019, 09:07:58 AM

Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Last year, very good news, but the price continued to fall. I think the Bitcoin price has nothing to do with these arguments. Let's wait a bit more.

how much we wait there is no size, only with trust that can wait even longer, bitcoin will be better but there is no definite time when that will happen

jhongzjhong

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Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Applying fundamental analysis is probably that is based on the traders and investors, it also typically involves the practice of evaluating the markets trends. Since Bitcoin is decentralized we don't know in which way fundamentals getting through in a stronger way or in a weaker way which causes the price dragging down. For me, the word "fundamentals" here which means to gain insight into the real value of the currency.

clrpod

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Price is separate from bitcoin's fundamentals because nowhere when bitcoin was created was there mention of how it should be a good investment and generate fiat profit. Fundamentally bitcoin is meant to be a decentralized method of transacting, I measure that by how feasible it is to use bitcoin. For me that comes down to acceptance and efficiency. I think overall they're steadily improving but a lot more could be done. Fees are still too high and often times transactions too slow and acceptance is still a long way short of its true potential.

franky1

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a topic of bitcoin fundamentals.... and many end up just talking about price.................

maybe its not the fundamentals that are weaker or stronger

but the PEOPLES understanding of what a fundamental of bitcoin is, that is weaker

EG
was:
a currency choice to escape from fiat
now:
a currency choice to use for a bit and then escape back to fiat with more fiat

Oilacris

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Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Fundamentals and Technicals are always in tandem when it comes to either Bitcoin or talking to the entire market prices but these things doesn't give
assurance or guaranteed if it would be stronger or weaker.Basing on Last year responses to news even bullish ones it didn't really make some significant impact or simply not a big deal.

zenrol28

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Lower numbers have different meaning, it depends on who is looking on them. There are some already panicking and some are just chilling and saying "just like before". Having huge numbers just because of hype is much worse than having low records but in track.

funchiestz

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Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Last year, very good news, but the price continued to fall. I think the Bitcoin price has nothing to do with these arguments. Let's wait a bit more.

millionaireshs

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Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Bitcoin value of price is still weak but popularity is only fundamental for Bitcoin being strong and still stand despite of all negative result for the whole year from 2017 to 2018.

ShadowBits

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Quote from: abhinav94 on January 04, 2019, 12:47:46 PM

Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

As the day I see it there are a lot of good news that are coming out the market everyday, but I guess it is not enough to make Bitcoin grow for now.

franky1

legendary

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fundementals
like bitcoins original ethos
   was:
   'own your own funds'
   now:
   custodial
   exchanges
   LN vaults
   sidechain vaults

   was:
   'open barrierless'
   now:
   increased fee's barriers some users
   transaction per block limits
   preference to divert transactions off bitcoin

   was:
   'electronic cash'(medium of exchange)
   now:
   'store of value'
   other pegged networks/services to handle 'medium of exchange'
   bloated transactions for smart features that are not simple plain 'cash transfer' concept
   preference to divert 'cash' transactions off bitcoin network

Xavofat

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Did you see that ludicrous display last night?

It really depends what you would call fundamentals. Bitcoin doesn't have the same "fundamentals" that investors would consider when talking about a business, so it's a bit difficult to decide what Bitcoin's equivalent might be.

Arguably aspects of it like transaction fees and mining difficulty aren't really fundamentals because the underlying system is the same, in which case what is there left to analyse?

abhinav94

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Well, apparently for last two weeks conditions are not very encouraging for even bitcoin fundamentals.

Read here: https://coingape.com/bitcoin-fundamentals-stronger-weaker-huobi-weekly-report/

Topic: Are Bitcoin fundamentals getting stronger or weaker? - page 2. (Read 476 times)