Bitcoin coins are losing popularity?

palle11

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Because, not receiving validity in low income countries. It may be the main reason.

Lol... This is possible only to the extent that the numbers would have been added to already existing numbers of subscribers. But,can they be said to be a reason for not contributing to the growth or numbers of hodlers as they don't really have the awareness, no advance technology and good internet system.

NeironixNV

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I think bitcoin will still show its worth and will cost more than 25,000, but of course how soon it will happen I don’t know, for now I’m just monitoring news and the rates of different coins on neironix

ReiMomo

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Quote from: xSkylarx on October 22, 2019, 08:39:54 AM

Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

What do you mean by "low-income countries"? If third-world countries is what you are talking about, I don't think it is a reason why bitcoin is losing popularity. Here in the Philippines, some universities already offer a course about blockchain technology. Some business also starts to adopt bitcoin as one of the payment. I don't even believe that bitcoin is losing popularity now because it has a big potential in our future technology.

I think so because as well all I know bitcoin coins are expensive especially to those poor countries. They can't afford to invest in it the reason why there are only a few people who are interested to invest in it in poor countries. Yes, there are many establishments now adopting crypto and the technology behind crypto also. In this case, many people will probably know about bitcoin because of the usage of it and how you become to gain profit if you are investing in it. Losing popularity is impossible to happen.

agentx44

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

Bitcoin is still the most popular cryptocurrency today and that wouldn't change easily. Even though its price fell down a lot on the past few months, we cannot still deny the fact that the price is still very high compared to other coins. It was the pioneer currency and I don't think it will lose its popularity even in the next decades. We need to be optimistic if we are investing in bitcoin, we should not conclude anything that would harm other people's investment, instead we should spread positivity and hope about it.

btctaipei

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I am not so sure: my close friend is an unregistered bitcoin (BTConly) ATM operator serving poor neighborhood and they are seeing increased pressure villagers empty out ATMs. To keep it in perspective those ATM had advanced counterfeit detection bill mechanism that handles up to 500 bills and it is guaranteed to be filled every day which were confirmed by random night time visit.

Had BTClost its popularity, why would people still buy it from ATM? please enlighten me.

Question123

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I don't think so the popularity of the bitcoin losing this year, because now bitcoin is still famous for every country even not all people know about the bitcoin but they still a lot of citizens of every country know about the bitcoin. It will become more popular if thw price become higher this year so we can help to the bitcoin by spreading it to our relatives who are willing to invest and the effect of that is it will rise plus more famous.

pecson134

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

You can only say that bitcoins was on a decrease in popularity if there is a drastic change in bitcoin users worldwide and you should be backed up with statistics.If you are observing the current condition of bitcoin were as of now maybe you can tell if it is declining in popularity. Moreover, not all "low income country" you are saying were against implementing bitcoins if you search for countries accepting it.

xSkylarx

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

What do you mean by "low-income countries"? If third-world countries is what you are talking about, I don't think it is a reason why bitcoin is losing popularity. Here in the Philippines, some universities already offer a course about blockchain technology. Some business also starts to adopt bitcoin as one of the payment. I don't even believe that bitcoin is losing popularity now because it has a big potential in our future technology.

yohananaomi

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

Maybe I still believe that bitcoin is very popular and many believe and want to invest their money to invest there.
the popularity of bitcoin is quite sure it has nothing to do with the state of a low or high income country.
because bitcoin is still trustworthy and even still a very promising investment.

efxtrader

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

I think bitcoin is still the most valuable coin in the cryptocurrency market and hasn't lost its popularity. Current price declines are common because price fluctuations are normal in any market. If we look at history that bitcoin prices start at 0 and reach the highest price at $ 20k, I think bitcoin is still a valuable asset

jarhed

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Quote from: Kambal2000 on October 22, 2019, 02:11:08 AM

Quote from: Xxmodded on October 21, 2019, 09:20:58 PM

Quote from: Hypnosis00 on October 18, 2019, 07:14:53 PM

Quote from: mauriek on October 17, 2019, 11:44:31 AM

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.

I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.

Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

I don't know where they are getting this information, Bitcoin's use is actually increasing rapidly, the price is not indication that people are losing interest, actually we are becoming more popular as the number of users increasing and that some government would like to regulate it and they are studying how to impose tax on it.

I think that popularity is lost among those who bought Bitcoin for 15-20000 dollars. But we really see how many new people come to the cryptocurrency market. The overall popularity of Bitcoin is definitely growing!

Kambal2000

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Quote from: Xxmodded on October 21, 2019, 09:20:58 PM

Quote from: Hypnosis00 on October 18, 2019, 07:14:53 PM

Quote from: mauriek on October 17, 2019, 11:44:31 AM

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.

I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.

Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

I don't know where they are getting this information, Bitcoin's use is actually increasing rapidly, the price is not indication that people are losing interest, actually we are becoming more popular as the number of users increasing and that some government would like to regulate it and they are studying how to impose tax on it.

Xxmodded

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Quote from: Hypnosis00 on October 18, 2019, 07:14:53 PM

Quote from: mauriek on October 17, 2019, 11:44:31 AM

Although Bitcoin is losing popularity as you said, Bitcoin will continue to spread his wings throughout the world step by step. I don't think that now Bitcoin has lost his popularity, many whales still want to buy Bitcoin.

I don't believe that OP did the right statement, Bitcoin never been losing its popularity but instead, it gaining more. Only the price steps down but it actually never been dump too dip. The name Bitcoin still soaring high, in fact, many establishments accept Bitcoin which I believe this could be a start for huge crypto adoption and helping to promote Bitcoin as another mode of payment.

Bitcoin losing popularity is impossible because bitcoin still have many investor, if losing popularity maybe many investor will left bitcoin and join with other digital currencies investment, bitcoin still the top digital currency have potential on higher price, maybe wait the time when bitcoin back to higher price. Many people keep trust with bitcoin and save money with bitcoin as investment assets.

crzy

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Quote from: Expecto on October 21, 2019, 04:27:26 PM

Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

In my opinion, Bitcoin is not losing its popularity now. On the contrary, I think that Bitcoin adoption is getting to a better level in progress of time. We can't say it is losing popularity just because the search numbers of Bitcoin on Google is changing.

The popularity of bitcoin is already spread out around the world and not just bitcoin but many cryptocurrency already made on the headlines of many country. I don’t support the word not popular anymore because bitcoin is still new and the adoption on every country is just about to start so stay calm because we are still young.

Hypnosis00

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Quote from: diazepam666 on October 19, 2019, 02:31:40 PM

What is the validity you mean here because most of the low and third world countries trying to adopt blockchain technology as well as cryptocurrency for their government.
Reason is it will give better exposure for them in the international business market.
Fact is cryptocurrencies are getting popular in all the places including third world countries.

Everyone is welcome here, everyone has a chance to adopt the system in fact, Bitcoin's popularity keeps growing especially in the 3rd world country. Badly it was, they only know the name but not really engaging in it because they don't have the capacity to invest with cause of their financial capabilities and as well as their economic system.

udidrone

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bitcoin popularity continues to increase until now bitcoin is the number one coin that has never been defeated is not right to call bitcoin losing popularity
I noticed the volume of bitcoin continues to increase in 24 hours but at the moment the crypto market is in a state of correction just a little touch big news of bitcoin will pump

stealth 1776

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

Maybe, but it will increase after it goes up again, even though it is still used every day by thousands and it is in constant movement, I think it will increase its value again, let's see, the certain thing is that it is already a market created and based in cryptocurrency and specifically in BTC more than any other new project out there, there are also many projects around BTC that some people are trying, most of them are scam as they say. So it will stay up from my point of view

Expecto

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Quote from: Rupok365 on October 11, 2019, 06:16:50 AM

Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.

In my opinion, Bitcoin is not losing its popularity now. On the contrary, I think that Bitcoin adoption is getting to a better level in progress of time. We can't say it is losing popularity just because the search numbers of Bitcoin on Google is changing.

the rise

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Quote from: riso2015 on October 20, 2019, 11:14:29 AM

No, that is not the main reason for Bitcoin losing popularity, but because the government is still afraid to adopt Bitcoin as a legal payment method. So that makes people reluctant to use Bitcoin in their daily lives. Bitcoin will remain the greatest ever since digital money existed.

they only postpone adopting regulations that are still being developed internally, developed countries even take an open stance. imagine if bitcoin was passed at this time would be in conflict with fiat and create confusion for many new people. Single transaction system via blockchain is also not ready to be accepted globally, this will damage the banking system such as clearing etc. the right title in my opinion "delaying popularity"

amonymous

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Since like that bitcoin popularity not lossing yet with i hope it will never lossing almost bitcoin popularity will alive. Actually who's loves in bitcoin totally those people will never leave bitcoin because although we knows that bitcoin one of the best profits currency in the crypto market. Here if we want investment trading then we must need step first follow bitcoin, so i believe bitcoin popularity will increase day by day.

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