Topic: Are People Losing Interest with Bitcoin? - page 9. (Read 1070 times)
People are not actually losing interest in Bitcoin. You're comparing 2017 where it reaches its peak. But that does not mean people are already losing interest. The difference is just, a lot of people started with bitcoin during 2017 because of its price. But now, the population is still increasing not just as high compared to 2017. Even if people start leaving bitcoin, it can't still be compared to the increasing number of engaging with bitcoin.
I think theres a statistics about how many times Bitcoin and cryptocurrency was mentioned in any social media platform. That's one way to identify whether we're lossing interest from the people or not. I just don't know how they come up with those numbers.
However, Downtrend doesn't mean we're lossing people or interest. Investors and traders was just getting along with the momentum.
Forget about social media because that’s full of lies ,more than half of people there talk shits so never include them to the basis of th numbersHowever, Downtrend doesn't mean we're lossing people or interest. Investors and traders was just getting along with the momentum.
In social media the more money involved is the more popularity will be produced so what can you expect?cryptonians will never lose interest in bitcoin or even in cryptocurrency.
What OP is targeting are those weak hands that is at some how presenting to be investors but if market suddenly falls they run away with the withdrawals instantly
No, many people are still interested with bitcoin. based on how many wallet created, it always grows every years
it is a proof that people still interested. Price has market cycle, it's normal if the price pump and dump. but doesnt mean that people losing interest
it is a proof that people still interested. Price has market cycle, it's normal if the price pump and dump. but doesnt mean that people losing interest
how can you say so if there was a big pump from 3k to 10k few week months ago, and you know that the block halving is coming? this will attract many new people, this is just the beginning, bitcoin will again skyrocket and gain a bigger traction trust me
People is indeed losing interest to bitcoin because of it's price. People stopped talking about bitcoin when the price tooks so long to move and pump, that is the main reason I think why people lose interest about bitcoin. The hype on price is already gone and that is the main ingredient for bitcoins popularity back in 2016-2017 days.
I don't think that people are losing interest in Bitcoin. Panic sellers may lose their interest in Bitcoin 
but I can't say that for the people who really know what is Bitcoin and what is the aim of it.
but I can't say that for the people who really know what is Bitcoin and what is the aim of it. 
I dont think that most people are losing their interest with Bitcoin. I've known many crypto users and it is indeed that they stopped investing, but they are still waiting for the next bull run to happen.
Most people are still waiting for the right time to invest and it is still in their interest to invest once the bull run comes.
Most people are still waiting for the right time to invest and it is still in their interest to invest once the bull run comes.
We can't blame those people who lose their interest in Bitcoin and force them to stay on the ecosystem after the market crash and the fact that some government don't support Bitcoin which makes them have doubt. Bitcoin is still immature so lot of things will happen during the process, there is always ups and down so if some people can't accept its downside then they don't deserve its true worth in the future.
I just thinking they have been known about bitcoin but just because there is some altcoin who have a low prices and they can earn money on them then they will only look to the altcoin. Even, most of them didn't know bitcoin because some reasons and I just thinking they thought bitcoin is really difficult to be understand. As you may know, the will only have interest to something that can earn money easily.
Such as in my country, have you know LPOS system? Which can be used as a way for some people to earn passive income without do anything, I hope you have known about it. There is an altcoin who can give everyone get passive income with such these thing. And now already much people who have got a lot of profit, or even they can get motor cycle with a low price. The system is simple, there is a community and they give an offered to the people to trust their money for one year, with $100 per months you can get motorcycle who has a price arround $2500.
Such as in my country, have you know LPOS system? Which can be used as a way for some people to earn passive income without do anything, I hope you have known about it. There is an altcoin who can give everyone get passive income with such these thing. And now already much people who have got a lot of profit, or even they can get motor cycle with a low price. The system is simple, there is a community and they give an offered to the people to trust their money for one year, with $100 per months you can get motorcycle who has a price arround $2500.
There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.
Is this something we have to accept or should we do something about this?
Well, if you compare the prices, it is clear why interest is lower today than it was back then. There are always people who don't care about technology, innovation, or making the world a better place, and all they want is to make money. As soon as the prices started dropping, they bailed. In other words, it's not that people are not interested in BTC — the BTC price is not right for them at the moment. They are keeping an eye on it, but they don't want to risk going short, or to HODL. They likely just want a bull run that will bring them lots and lots of $ in a few weeks or months, and then they would leave again.
I don't think so that people are loosing interest in bitcoin or other coins but on the contrary basis i would say that due to social media and news publicity of these coins have increased and more wants to know what actually these digital coins are and how they work.But if you are talking about young investors leaving market due to price dumps then they don't really know it's power and potential to rise in future. The market volume is still high and will keep on growing with more persons joining market.
Hmm the market is on bearish days so expect that true investors will remain. Here's my perception,, we can't deny that what happened last 2017 was a skyrocket and for this reason even the ordinary people who just only heard the news joined the boat. They invested simply because of the hype hoping they can also make profits like the oldies in the crypto world did. But after we sold our holdings, the market crashes so as the number of investors. These investors who surrendered is mainly composed of those who got suddenly hyped when btc is at its shining moments of course because they're just hyped — they don't yet fully understand how crypto world works.
To make the story short, people find btc interesting when when the price chart is appealing in their eyes but ignores it when the opposite happens
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To make the story short, people find btc interesting when when the price chart is appealing in their eyes but ignores it when the opposite happens
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My interest in bitcoin will never fade because I feel from bitcoin I can improve the economic conditions that I faced a few years ago, so there's no way I would hate bitcoin because bitcoin gives me a lot of help until now I still like bitcoin and still trading at bitcoin.
@Ziskinberg
Totally agree. Just because some ordinary people lost interest in crypto, it does not mean that investors and entrepreneurs think the same way.
Totally agree. Just because some ordinary people lost interest in crypto, it does not mean that investors and entrepreneurs think the same way.
No, when you say people, you are referring to the majority of people who enter in crypto and loss interest afterwards.
I am not seeing that scenario, people or majority of them are still loving crypto, why I said that? what's my basis?
its simple, look at the bitcoin trading volume, its still high with $15 billion .
https://coinmarketcap.com/currencies/bitcoin/#markets
I am not seeing that scenario, people or majority of them are still loving crypto, why I said that? what's my basis?
its simple, look at the bitcoin trading volume, its still high with $15 billion .
https://coinmarketcap.com/currencies/bitcoin/#markets
I think not. I did not notice anything like this, on the contrary, more and more people are interested in bitcoin.
Actually its not easily to say those things particularly now unless you've done your own research, people are interested if they think they can get some benefits from it but there are a different kind of people who's still interested despite of some issues and problems that bitcoin is facing right now. People have different perspectives and choices, if they lose their interest then let them we don't have to please people it was their decision. 
I think there are a lot of people who are losing interest in bitcoin. And I think that is because of the current situation of the prices. They don't think it is profitable enough that is why a lot of people are dumping their funds and just quit entirely.
The interest in bitcoin comes with the price, whenever the price increase so does the interest and vice versa.
Most new adopters heard about bitcoin due to the hype in mass media if bitcoin suddenly spike up and they will fell to the bull trap, buy at the ath before it plummets.
Nevertheless, people who aware of bitcoin technology utilization as a medium of exchange or store of value will never left bitcoin even after some crashes.
Most new adopters heard about bitcoin due to the hype in mass media if bitcoin suddenly spike up and they will fell to the bull trap, buy at the ath before it plummets.
Nevertheless, people who aware of bitcoin technology utilization as a medium of exchange or store of value will never left bitcoin even after some crashes.
Yes, after those crashes that went through which eventually pulled down bitcoin price the people tend to learned something valuable because of that experience. They only had that idea of joining the trend of the hype without even thinking the importance of it, if they hold their Bitcoin for so long. Some people may find it not interesting but there were more of them like me who still have strong conviction for bitcoin, even though it's not yet at the maximum level of price; yet the potential is somehow surprising.
It is clear that they just joined due to the hype without knowing anything. They have already lost their interest now, but we all bet that if bitcoin will create another ATH, these people will return and repeat what they have done before.
The interest in bitcoin comes with the price, whenever the price increase so does the interest and vice versa.
Most new adopters heard about bitcoin due to the hype in mass media if bitcoin suddenly spike up and they will fell to the bull trap, buy at the ath before it plummets.
Nevertheless, people who aware of bitcoin technology utilization as a medium of exchange or store of value will never left bitcoin even after some crashes.
Most new adopters heard about bitcoin due to the hype in mass media if bitcoin suddenly spike up and they will fell to the bull trap, buy at the ath before it plummets.
Nevertheless, people who aware of bitcoin technology utilization as a medium of exchange or store of value will never left bitcoin even after some crashes.
Yes, after those crashes that went through which eventually pulled down bitcoin price the people tend to learned something valuable because of that experience. They only had that idea of joining the trend of the hype without even thinking the importance of it, if they hold their Bitcoin for so long. Some people may find it not interesting but there were more of them like me who still have strong conviction for bitcoin, even though it's not yet at the maximum level of price; yet the potential is somehow surprising.
There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.
Is this something we have to accept or should we do something about this?
Most of the people who exited where likely only in the market for a quick profit anyway - doesn't matter now
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