Bitcoin coins are losing popularity? - page 3.

atjiat

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Quote from: glendall on October 19, 2019, 07:30:05 AM

Quote from: Aying on October 18, 2019, 10:32:37 PM

Bitcoin is just starting its line to surpass anything. yet all country still banning and wanted to control it but in the other way they make bitcoin more famous. curiosity will bring awareness and demand. popularity of bitcoin will expand more that all users will benefit. no one now will going to stop bitcoin.

it's true, I see the future of bitcoin is huge, how could bitcoin lose its popularity when large companies start trying to enter cryptocurrency?
Facebook for example, this is an early sign that cryptocurrency does have a bright future.

Apparently, Facebook will have huge problems with Libra, not only on the path to implementing its project, but also with real partners who already at this stage refuse to cooperate. But with regard to Bitcoin, not everything is as unambiguous as it seems in fact, because there are difficulties and real potential, but these difficulties must and can be overcome. If, for example, you get rid of poor scalability, then a large business in any case should be interested in large-scale Bitcoin transactions.

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Quote from: Aying on October 18, 2019, 10:32:37 PM

Bitcoin is just starting its line to surpass anything. yet all country still banning and wanted to control it but in the other way they make bitcoin more famous. curiosity will bring awareness and demand. popularity of bitcoin will expand more that all users will benefit. no one now will going to stop bitcoin.

it's true, I see the future of bitcoin is huge, how could bitcoin lose its popularity when large companies start trying to enter cryptocurrency?
Facebook for example, this is an early sign that cryptocurrency does have a bright future.

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Quote from: Kwame21 on October 19, 2019, 06:38:34 AM

Well, I am not for the idea that Bitcoin is losing its popularity. Checking the market stats now, it appears that Bitcoin dominance occupies about 70% and this is good for Bitcoin. Aside the market dominance, Bitcoin still remains the number one position on the market. Bitcoin is the future.

Yes this article lacks the content as there is no way that the bitcoin is losing popularity especially when people are diverting funds from other altcoins to bitcoin this article seems immature to me but as this might misled the newbies who don't have much idea about bitcoin.

aysg76

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Well, I don't think bitcoin has lost any of its popularity, in fact, it had become more popular than before. Even the price of the coin has declined somewhat now, it still remains as the crypto king. This coin's dominance keeps sailing high each year and now it also had gained a great wider acceptance all across the globe with many of the huge companies accepting it. So, I don't find any reason for bitcoin to lose its charm...

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Quote from: Kwame21 on October 19, 2019, 06:38:34 AM

Well, I am not for the idea that Bitcoin is losing its popularity. Checking the market stats now, it appears that Bitcoin dominance occupies about 70% and this is good for Bitcoin. Aside the market dominance, Bitcoin still remains the number one position on the market. Bitcoin is the future.

Good opinion, I have the same thought that it's impossible for bitcoin to lose popularity. Because many facts that show
that bitcoin is still the star in the world of cryptocurrency. One of them is almost in all exchanges shows that bitcoin
is still dominant compared to other coins. It shows that bitcoin is still popular and is still becoming the best. Because
bitcoin is king of the crypto.

Alexandr Kirichenko

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I don't see the point. The cost of Bitcoin does not affect the possibility of using it by everyone. Even for low-income people. We ourselves gave it such a cost, but its main purpose, and remained available to all.

Kwame21

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Well, I am not for the idea that Bitcoin is losing its popularity. Checking the market stats now, it appears that Bitcoin dominance occupies about 70% and this is good for Bitcoin. Aside the market dominance, Bitcoin still remains the number one position on the market. Bitcoin is the future.

xiboothrezi

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The popularity of bitcoin can not only be determined by the validity of a country. We all also know that bitcoin is a fairly controversial innovation, has certain plus and minus that is used as a consideration to be accepted or not by a country. Although not yet accepted globally, bitcoin is quite openly accepted by the world although not completely, due to certain binding rules, which are adapted to each country to protect its economic sovereignty.
On the contrary, I would argue that the popularity of bitcoin or we call it cryptocurrency is increasing. Moreover, one giant social media with such a large and influential community plans to make its own cryptocurrency. This indirectly introduces cryptocurrency to a larger community, inevitably they will also learn it until eventually, it will definitely relate to bitcoin. Is not it?

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I think people in low income countries should directly use lightning network.

boyptc

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It's weird if the basis on why bitcoin is losing popularity is just because of what's stated on the op. There's no actual proof and basis for that claim. Bitcoin is not losing its popularity and it's, even more, getting the attention that wasn't given to it for few years.

Quote from: Zemomtum on October 18, 2019, 06:39:50 PM

With the likes of Facebook libra, Donald Trump tweet, Samsung and Microsoft venturing into Blockchain technology, this year has even exposed Bitcoin to the outside world than ever before. It has gained more popularity than losing any.

Yes, very accurate.

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Quote from: Rupok365 on October 11, 2019, 05:16:50 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.

When bitcoin lower price absolutely lost popularity of bitcoin, depend with bitcoin price to get popular of bitcoin. Last first bitcoin launching to public no one know and interested with bitcoin, after bitcoin price pump to higher price not only person but also company want to adopt bitcoin as investment and digital payment. But at the future bitcoin keep lower price will possible bitcoin lost their popularity.

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Bitcoin is just starting its line to surpass anything. yet all country still banning and wanted to control it but in the other way they make bitcoin more famous. curiosity will bring awareness and demand. popularity of bitcoin will expand more that all users will benefit. no one now will going to stop bitcoin.

asus09

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Quote from: BlackFor3st on October 11, 2019, 05:38:35 AM

Quote from: Rupok365 on October 11, 2019, 05:16:50 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 dominance this year is very high this year, I wonder what is the basis of your statement. Even if it is beyond the reach of ordinary people but it doesn't mean that we cannot afford it.

We can buy whatever amount we like, it's not like we need to buy 1 bitcoin or more. We can choose how much we like to stock or it can be your saving if you have spare money then you can put it in bitcoin and few years from now, you can see how much is your savings worth.

Bitcoin still dominance and not lost popularity until today, look at market how many percent dominance bitcoin than altcoin, last day I checked about 66% dominance bitcoin than altcoin and look bitcoin still not lost popularity, better if you keep invest with bitcoin and stop heard bad news talking about bitcoin have lost popularity and make price will be down, keep focus on your bitcoin as investment assets.

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With the likes of Facebook libra, Donald Trump tweet, Samsung and Microsoft venturing into Blockchain technology, this year has even exposed Bitcoin to the outside world than ever before. It has gained more popularity than losing any.

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Quote from: Rupok365 on October 11, 2019, 05:16:50 AM

~snip~ But, nowadays, it seems that Bitcoin is losing its popularity. Because, not receiving validity in low income countries.

Sorry, I don't think so. The decline in Bitcoin prices cannot be attributed to its popularity. We know that most of the reasons for current declines are caused by whales or big traders. They are likely to manipulate prices on the market. The issues of rejection from various countries have already appeared from the beginning, it was already happening for many years. So, I don't think it contributes big impact on Bitcoin's popularity.

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Quote from: mauriek on October 17, 2019, 10:44:31 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.

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Quote from: Herbet Fry on October 18, 2019, 02:31:54 PM

Quote from: cotton ball on October 16, 2019, 07:57:13 PM

Maybe you right with bitcoin losing popularity with very lower price today, for October bitcoin never back to raise higher price and still down with $8 where last month bitcoin above $10k, will become bad thing for bitcoin losing popularity and give bad for altcoin price? lets give best for bitcoin can raise to higher price again and we need to get much profit with bitcoin investment for long time because only bitcoin become profitable investment.

It isn't that it is losing popularity. It is that when it goes up in price then people talk about it because it is doing well. When it isn't then people don't talk about it. Only true belivers stay around during the drops. They know it is only temporary and won't last long, they look ahead in years time not like most other people who only focus on the present.

Quote from: Rupok365 on October 11, 2019, 05:16:50 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.

First of all the decrease of price of bitcoin doesn't really corresponds that bitcoin isn't popular, its just that there were only few transactions or trading of bitcoins are taking place. We all know that cryptos was extremely volatile that is why we should not be amazed if its price drops in a single time for its normal. What we can do is to support bitcoin as it takes the journey in the crypto world.

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Quote from: Rupok365 on October 11, 2019, 05:16:50 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.

People in low-income countries can't use the currency due to the artificial fee market created by Blockstream. But not worries.

There are many alternatives coming along which will solve this problem like Bitcoin Cash which is fully aligned with the original vision.

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Quote from: cotton ball on October 16, 2019, 07:57:13 PM

Maybe you right with bitcoin losing popularity with very lower price today, for October bitcoin never back to raise higher price and still down with $8 where last month bitcoin above $10k, will become bad thing for bitcoin losing popularity and give bad for altcoin price? lets give best for bitcoin can raise to higher price again and we need to get much profit with bitcoin investment for long time because only bitcoin become profitable investment.

It isn't that it is losing popularity. It is that when it goes up in price then people talk about it because it is doing well. When it isn't then people don't talk about it. Only true belivers stay around during the drops. They know it is only temporary and won't last long, they look ahead in years time not like most other people who only focus on the present.

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Quote from: Rupok365 on October 11, 2019, 05:16:50 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.

For me, bitcoin is not losing its popularity may be in a different country. But in my state, bitcoin is becoming well-known because a huge company announced that they would be accepting bitcoin as a payment and vice versa. Also, before that, some schools advertise that they will be accepting bitcoin as payment for tuition fees. Some ppl leave bitcoin because they can't profit well because of the price rate, but I'm sure if bitcoin is almost legal to your country I'm sure that even bitcoin's price rate decrease you will continue using it.

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