Bitcoin coins are losing popularity? - page 5.

gandame

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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.

Every now and then bitcoin price is become low and high. And i think the bitcoin popularity is not losing because many people now are getting interested on bitcoin.
Maybe the value of bitcoin now is lower than the price last last year but the popularity is never losing.

ovcijisir

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Popularity in media goes up and down, with every bull run it starts to show up in media, and with every bear market it loses popularity.

If you believe Bitcoin is good inovation none of the newspaper articles written with bombastic words shouldn't make you lose your faith.

radjie

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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.

Bitcoin has not lost its popularity, maybe for some people who are still unfamiliar or do not understand anything with this technology they do not realize if investing in bitcoin when cheap can provide benefits in the future if the investment they make is a long-term investment
they will realize after the price of bitcoin surges like 2017 and of course many are disappointed because they did not take advantage of the opportunity to buy bitcoin when prices are still low

cutesgirl

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Losing popularity with bitcoin when price bitcoin still down but if bitcoin price have back to higher I think become most popular coin again, look how situation today no one of economic expert discuss with bitcoin when bitcoin price still down, but did you see how many expert of economic discuss with bitcoin above $15K on last 2017 where they have talking with the history of bitcoin price.

Pearls Before Swine

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

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

I doubt that's the case, nor do I actually believe bitcoin is losing popularity. It's easy to think that when the price has gone down a little, but compare it's price now to what it was even in 2015. It's at least 20 times higher.

Now, as regards those 'low income countries' you mentioned I would say bitcoin is just as popular in them as it is in wealthier countries. Take a look at how many people from countries in Africa and Asia and S. America who are taking part in campaigns and bounties. Look at how popular bitcoin is in the Philippines. All of those countries strongly contribute to bitcoin's continued existence. I would posit that they especially are necessary for bitcoin to survive, not the rich countries.

d3nz

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Bitcoin is still popular and lots of services and alternate payment method using it. There is no way that it will lose the popularity since it is still trending as the best investment and first cryptocurrency that is decentralized.

Maybe some psrt of the other country has no use of bitcoin since they maybe ban and the popularity may decreased in that country.

CarnagexD

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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.

Everybody knows Bitcoin is a digital and online currency that can be used in any transaction. As you can see bitcoin become more valuable especially in the year 2017 where the highest peak bitcoin is around 20000$. I think you are wrong as of today bitcoin becomes more popular and as you can see many industries are now accepting in their payment. Lastly, I know there are some countries that started to accept and legalize bitcoin so basically it will never lose its popularity.

TatarBit

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Kunnu

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It does not effect the popularity of Bitcoin if someone spread negative or positive news about Bitcoin even any kind of news is very helpful for Bitcoin to gain more popularity.These days every person in the world knows what is Bitcoin so I don't think Bitcoin is loosing popularity even it is getting more popular day by day and its popularity is unstoppable.

CLS63

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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.

I think Bitcoin will not lose its popularity so easily. It is still the most dominant cryptocurrency in the market and I believe it will continue to be like that for a very long time. Besides, when a new bull-run comes, its popularity will increase in a big amount I think.

smyslov

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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.

It's not losing popularity it's just become common to all of us here when we keep seeing things on a daily basis it's become common, one example is Mcdonald, it used to be so popular and talk of the town until every corner has an outlet, it stopped being the talk of the town because people have become used to seeing it, we are just moving in a natural way.

Distraction

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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.

I don't think that Bitcoin is losing its importance. Because it still has the most market cap among the other cryptocurrencies. I know that Bitcoin's search numbers is changing according to the price. But Bitcoin is still at the top and far away from other cryptos.

yulionoo

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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.

what do you mean lose popularity? in my opinion you are wrong just the opposite now bitcoin is increasingly famous for the news about cryptocurreny facebook (libra). many people talk about libra and compare it with bitcoin.
over the past 2 years the price of bitcoin has indeed declined. so most bitcoin holders do hodl.

Chrystora123

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maybe right now yes.. we can feel that the popularity of Bitcoin is diminishing, based on a search on Google we can find that people who want to know what Bitcoin is and cryptocurrency is reduced for this year if compared to the end of 2017 ago.. most likely in the year 2021, the popularity of Bitcoin will again rise sharply, 2021 is a year where many experts predict Bitcoin will be Bullish.

d3nz

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There is a reason behind this and that is the lack of investora. Some of the investors maybe pulling out their investment in bitcoin because of the price are still going down. It will become popular again once they feature it on news.

And that is why we need to buy more while it is notmpopulsr becase the price could increase once it become in demand again.

Rufsilf

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Quote from: Inkdatar on October 13, 2019, 05:53:15 PM

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.

Will you justify your statement? In my point of view, it's not base only on a lower price even though the price has it's volatility we cannot determine the popularity is decreasing. Bitcoin continues growing even price decline some accumulating to buy more. Nonetheless, bitcoin is more valuable than any other crypto and adoption is growing.

I support with you this.
With the fact that volatility remains and even getting stronger, it doesn't mean that it lost its popularity nor to see people never get interested in it.
Bitcoin will surely be popular and even more popular as we are in the massive adoption. However, its price really matters in terms of popularity, if we remember last 2017 when crypto surge high, everyone's is mostly talking about crypto investment and I believe almost everyone heard about this but it slows down slightly when bullish gets over.

Inkdatar

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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.

Will you justify your statement? In my point of view, it's not base only on a lower price even though the price has it's volatility we cannot determine the popularity is decreasing. Bitcoin continues growing even price decline some accumulating to buy more. Nonetheless, bitcoin is more valuable than any other crypto and adoption is growing.

figmentofmyass

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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.

where are you getting that idea? here are a few metrics that disagree.

a study published last december showed the number of crypto users roughly doubled in the first 3 quarters of 2018: https://cointelegraph.com/news/number-of-crypto-users-nearly-doubled-in-2018-study-says

the number of blockchain wallet users has consistently risen every quarter for the last few years: https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/

there is also data showing increasing adoption in the developing world: https://www.newsbtc.com/2019/10/02/bitcoin-use-growing/

ILuckyGuyI

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Popularity is a different thing. It generally rises when Bitcoin price is high and it falls when Bitcoin price is low. Besides, I think Bitcoin has increased its popularity compared to the last year. Because 2018 was a terrible year for Bitcoin and it is in a way better condition in this year.

error08

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The popularity of Bitcoin is not measured by low-income countries' acceptance but rather measured by huge influx of new adopters join the bitcoin community, mostly come from first-world countries that hold the biggest volume of bitcoin trading market. Those countries have the biggest role to make market movements or in other words; manipulate the market to pump or dump it.

Topic: Bitcoin coins are losing popularity? - page 5. (Read 2979 times)