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Topic: Bitcoin coins are losing popularity? - page 4. (Read 2979 times)

sr. member
Activity: 966
Merit: 274
October 17, 2019, 08:14:20 PM
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 this regards, if certain countries are not providing their support for the bitcoin, still, bitcoin is at a massive development in its adoption to most of the countries. That's why I am not agreeing about bitcoin losing popularity. Sooner or later, if the government acknowledge bitcoin for low income countries, that chances are favorable that it will further become popular and adopted widely, right now they just need time to consider things that crypto can affect them.
hero member
Activity: 1666
Merit: 502
October 17, 2019, 11:48:52 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.
Please, if you want to share your opinion, at least there is an understanding and correlation about what you convey. there is no correlation between the low income countries and the declining popularity of bitcoin. a lot of information about blockchain technology and especially the concept of stable coin, makes the news more focused on it. last week until now the market dominance is still on the side of bitcoin. its popularity lies with those who make significant hype and development.
hero member
Activity: 1932
Merit: 546
October 17, 2019, 11:09:25 AM
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.

Bitcoin price is depreciating but that does not mean that the popularity is losing, we are free before and we can use it in every country.
Bitcoin gets the attention of every country and now it is banned to some of them! Bitcoin is more popular now and many governments is getting their hands on the cryptocurrency to do scared of being their FIAT be out! Don't set your meter of popularity to the price of bitcoin in the market!
sr. member
Activity: 1050
Merit: 252
October 17, 2019, 11:03:23 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.
It's not losing popularities but the opposite instead, more countries are starting to be curios about this currency they are trying to gain control
by placing rules to have jurisdictions, to those who are not yet being open to this system they are tagging bitcoin as something as illegal. But
to those who already have good outlook to this system, innovations is more welcome and adding this new currency is their to work out.
newbie
Activity: 3
Merit: 0
October 17, 2019, 11:02:37 AM
Buying an entire bitcoin is beyond the reach of some, but you can buy increments and work your way up as the average person, eventually owning a whole bitcoin.
jr. member
Activity: 60
Merit: 1
October 17, 2019, 10:49:46 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 your opinion is wrong. See statistics on the use of bitcoin transactions and bitcoin addresses. A lot of newcomers appear in the crypto sphere, especially in 2019. Maybe Bitcoin is not a popular topic for conversation as weather, but it has enough popularity to attract new users and be a topic of discussion among leaders of many countries
hero member
Activity: 1008
Merit: 500
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.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
October 17, 2019, 10:38:02 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 it is not the main factor that bitcoin loses its popularity, but the government or the country is still studying crypto and bitcoin. the proof is that currently in my country there are still including low-income countries.
I hope they find good insight into bitcoin and become more popular when another country introduces Bitcoin as a great help to our economic growth. Probably there is a conclusion. Maybe it's due to its value since the value of bitcoin now is so low the reason why there are only a few people who are attracted to invest on it and I think in order to regain it's popularity much better to double or triple it's price to attract more people to invest in order for them to be able to earn big profit.

I believed when the next halving comes it will gain again much more popularity and people will adopt again and hoping they will gain profit but the fact they are too late, they cant jump in when the price is high.
copper member
Activity: 370
Merit: 1
October 17, 2019, 10:19:57 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 it is not the main factor that bitcoin loses its popularity, but the government or the country is still studying crypto and bitcoin. the proof is that currently in my country there are still including low-income countries.
hero member
Activity: 1190
Merit: 511
October 17, 2019, 09:41:52 AM
Bitcoin is started in 2009 and its price is in basically none from 2009 to March 2010 . In  July 2010 its price is $0.08 and now its price is 8067 USD. if it is popular,   then its price is increased. In the future, it will also be increased. so Bitcoin is not losing popularity yet.

Actually Bitcoin is gaining more popularity and we are in the process wherein every countries are in deliberation whether they will accept crypto as their additional currency or not, or if they will legalize it or not, Bitcoin is 10 years now, we have long way to go and people are now becoming more aware and joining every opportunity in crypto world, so I don't think that it is losing popularity.
newbie
Activity: 16
Merit: 0
October 17, 2019, 08:40:44 AM
Bitcoin is started in 2009 and its price is in basically none from 2009 to March 2010 . In  July 2010 its price is $0.08 and now its price is 8067 USD. if it is popular,   then its price is increased. In the future, it will also be increased. so Bitcoin is not losing popularity yet.
sr. member
Activity: 1092
Merit: 254
October 17, 2019, 04:47:25 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.


Of course every opinion is valuable and has the right to exist. But you shouldn't think in such a pessimistic way. May be comparing with the 2017 year the interest to Bitcoin and cryptocurrency became lower, but it is not losing its popularity at all. It depends on the region may be or exact country. But in case you look on this question more globally you will find out that it is still popular, even very popular. And the interest sometimes falling a little down, but after is rising again. There is some opportunities or services in the Internet with the help of wich you can check the level of the interest or google searching for the concrete topic, for example Bitcoin. There you even can see the popularity in different countries all over the world, the rating of the topic Bitcoin in different regions of the concrete countries. Of course these data may be not very precise, but you are able to make some approximate conclusions. And interesting fact that the most demanded topics are Bitcoin and Bitcoin price.
sr. member
Activity: 1638
Merit: 261
October 17, 2019, 03:46:36 AM
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.

Fluctuations will always be there as a part of bitcoin and crypto currency world as long as a group of people hold huge amount of bitcoin or until there is demand and supply which cannot be stopped and I believe bitcoin always comes back stronger but last 18 months has not been as expected but things will change don't mix up altcoins with bitcoin as they cannot survive without bitcoin.
newbie
Activity: 3
Merit: 0
October 17, 2019, 03:08:17 AM
I think you might be right but there is a technique that still works and can make you a lot of profit which is Binary Options Trading. Binary Options is one of the methods used for online trading. It is beneficial for a new trader as well who is facing problems in the stock market. This technique depends upon commodity prices or currency pairs and their increase/decrease. From the last few years, this type of trading has become really popular offering investors with a low budget a way of trading on the financial market.
sr. member
Activity: 994
Merit: 260
October 17, 2019, 02:40:21 AM
Anyone can buy at least some units of Bitcoin, because one coin consists of 100 million satoshi. As for the popularity of Bitcoin, its level mainly rises during bullish rallies. The main reason for this is that most people, one way or another interested in blockchain technology, want to make money on it. They are not interested in what opportunities Bitcoin provides, its technical characteristics. These aspects of Bitcoin are interesting only to developers and a small group of enthusiasts.
newbie
Activity: 9
Merit: 0
October 17, 2019, 02:00:47 AM
Ктo тeбe cкaзaл чтo oн вooбщe нe дocтyпeн для oбычныx людeй? Tы мoжeшь кyпить кaк нa 100$ тaк и нa 10000$. И я дyмaю чтo мы нe дoживeм дo мoмeнтa иcчeзнoвeния BTC. Oн ocтaнeтcя нa вeкa, тaк кaк этo пepвaя кpиптoвaлютa и ocтaнeтcя oнa нa pынкe нa дoлгo. Wink
sr. member
Activity: 1288
Merit: 253
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.
full member
Activity: 1176
Merit: 162
October 16, 2019, 07:05:51 PM
I dont think so, Its happening the opposite bitcoin slowly spreading popularity and adoption, my country is not rich but they are slowly accepting bitcoin even small businesses. Also, there is a proof on coinmarketcap bitcoin dominance is about 66% it is still the king of crypto.
legendary
Activity: 1834
Merit: 1036
October 16, 2019, 06:40:25 PM
Its not losing its popularity, in fact, more and more people are starting to know and learn about Bitcoin. However, theres a difference between, people know that it exist and people buying it or investing in it. Those knows about it but didnt buy yet may Buy or invest in the future. Whats important is its gaining ground even on a slow phase.
sr. member
Activity: 1876
Merit: 318
October 16, 2019, 05:54:38 PM
I consider bitcoin to be still popular because of the evidence that there is still a lot of media discussing it. Plus there are still many ICO
projects that have sprung up, this is proof that bitcoin are not losing popularity. But since the price is still far from the time of 2017,
it makes the foundation people say that bitcoin is losing popularity. But in reality it's not like that, there are still many investors who believe
in bitcoin. You can see several large volume exchanges bitcoin is still quite high.
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