Bitcoin coins are losing popularity? - page 6.

Willitivity

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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 over the years gotten popular. It keeps getting popular with every year, for instance Bitcoin popularity in 2012 and 2017 is not the same, this goes for 2019 too. I don't know what makes you think it's losing its popularity. More and more people are even getting into Bitcoin in most of these 3rd world countries, seeing it as alternative means of income.

Ferris419

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Quote from: Youghoor on October 12, 2019, 02:03:10 PM

Quote from: ?? on ??

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 exactly are the reasons why you think that Bitcoin is losing its popularity. You need to provide us with facts to support this your claims. You can't just make claims without having any thing to back your assumptions.

This is a exactly my point. People just create post on this forum without having any tangiable reasons or evidences to confirm the things they share here. Bitcoin for the past two has seen a rapid growth in its market economy which shows that it is constantly growing. Bitcoin is all over the internet and news platforms..

It hurts that we are to face all these topics again and again. Some people always ask in negative ways like Bitcoin scamming, dying, losing popularity and so on. But they never spend time researching before posting topics.
Where Bitcoin is getting attention over the world, even USA president talked about Bitcoin, world-famous giant companies like Facebook, Samsung, Telegram endorsing the crypto industry, there are still some people for asking these questions!

lighpulsar07

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Losing popularity? I don't think bitcoin is losing poularity but in fact it is actually expanding many governments are regulating and accepting bitcoin as form of payment, many blockchain start ups are had been opened and currently expanding and some huge companies are now accepting bitcoin so, there's no reason why bitcoin is losing poularity.

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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.

You are wrong, by looking at the short term price, you cannot tell the real progress of BTC.
Instead, look more on its fundamentals and its long term price trends so you will see the reality.

The fact that BTC was dead many times and its value now at over $8K, this tells people are still investing on it.

Actually if you do some research there's a lot of factors you can see that would tell you how strong bitcoin is, the trading volume alone would tell something positive to us that people are still trusting on it.

one big news is that BAKKT bitcoin futures was launch, and that's a big company adopting into BTC.
And some good news relating to it, https://www.ccn.com/bakkt-bitcoin-futures-volume-soars-800-percent/

BitHodler

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Quote from: AicecreaME on October 13, 2019, 12:21:48 AM

They lose their profits because their interest on bitcoin is not enough to stick with it in the long run, the only thing they know is if falls down, it will just keep on falling.

I don't think it's all that bad honestly speaking. I remember a lot of people who were making fun of the panic sellers around $17k, then $15k, then $10k and so on---would they have held they would be slaughtered all the way to $3k.

Those who told people to hodl and actually did so suffered a lot last year. People can say they don't care about a 85% drop, but that's nonsense.... if you could have avoided sitting out an 85% drop you would do it in an instant.

In a nutshell: panic sellers were the winners of 2018 while hodlers were the losers.

jostorres

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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 popularity has really not changed and we are feeling this way because we are actually using 2017 to judge it which we need to understand that bitcoin in 2017, in 2017, the market maker came into the market and they were the ones that made the market look so high by causing fomo buy and it was this fomo buy that attracted the interest of people, but because it was artificially created, it could not really stand that much, and anything that is fake will definitely loose it at the end.

It is really this way that bitcoin is meant to grow, slow and steady increase. Most dump that I have seen this year has really not been as much as it was in 2017, and after the little short dump, the market grows back to where it ought to grow to, so the popularity is really still dear mate and we will get more as time goes on.

ReiMomo

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Quote from: Google+ on October 12, 2019, 11:32:42 PM

at the moment I don't feel that way, bitcoin still has a very high popularity and I feel that in the future bitcoin will be widely used by many companies because it can be used for long-distance transactions safely and quickly so bitcoin will still be popular as long as there is internet access.

I don't think so. Bitcoin is still popular even though the price of it drops down for now but if the value of it rises up again many people will be able to get interested in it because they believe that it will be a good investment to earn a big profit. Maybe it will drop popularity when bitcoin price drops but when it is raises there are people use bitcoin due to the profit they can get when they are investing.

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Quote from: yurekaa on October 12, 2019, 10:07:05 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.

Bitcoin has not lost its popularity. Bitcoin remains famous and is the king of cryptocurrency. it's just that people don't talk about it anymore because for the past two years the value of bitcoin has continued to decline. but I'm sure when the value of bitcoin pumps up again to $ 25k people will definitely talk about it again. and you are wrong if bitcoin is only for the rich or developed countries. I live in a third country and I can afford to buy a bitcon. we don't have to buy 1 btc. We can buy BTC in Satoshi (0.00)

Classic treatment of people never change, people will only approach you if they need something or if you are giving them benefits, but if not, then you'll be treated like you don't exist anymore, and that's what's happening in bitcoin right now. People always misunderstand the part of bitcoin when it's in bearish market, the do panic selling and think of it as an advantage of not lossing their profits but it's the opposite.

They lose their profits because their interest on bitcoin is not enough to stick with it in the long run, the only thing they know is if falls down, it will just keep on falling.

Rufsilf

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It wasn't meant to be that Bitcoin only gain popularity once it hits at peak. No, Bitcoin's popularity remain as what it was, in fact, it become more popular than of before. Crypto dominance keep soaring high every year and I don't know why OP could say that thing.

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at the moment I don't feel that way, bitcoin still has a very high popularity and I feel that in the future bitcoin will be widely used by many companies because it can be used for long-distance transactions safely and quickly so bitcoin will still be popular as long as there is internet access.

coin-investor

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It's not losing its popularity it just becomes stable like all the other currencies like the dollar and the local currency that you are using, massive adoption has finally come, still moving you are not just updated on what's going on around you, I think you should you are one of the few that says that the big noise will come when halving is nearing and the market will have a steady bull run.

ardentvolcanoes

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Quote from: bounceback on October 12, 2019, 10:18:59 PM

maybe after I thought the popularity of bitcoin won't just disappear even though there are countries that don't allow bitcoin mining or investing with it, and maybe there are still many other investors who want to invest with bitcoin and there are still other countries that want to use bitcoin as digital money to transact with easy and safe especially now because more and more people are interested in bitcoin.

There's still divided opinions regarding to this matter. For some people bitcoin is just a bubble that simply being hypes and created bull runs, while for others it's a future payment currency which gives freedom to it's users and gaining store value.
Everything will be depending with how such a person define how he believes and understand about this system and how it will work from his benefits.

Zeke_23

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Quote from: bounceback on October 12, 2019, 10:18:59 PM

maybe after I thought the popularity of bitcoin won't just disappear even though there are countries that don't allow bitcoin mining or investing with it, and maybe there are still many other investors who want to invest with bitcoin and there are still other countries that want to use bitcoin as digital money to transact with easy and safe especially now because more and more people are interested in bitcoin.

It wont disappear, if the time comes that bull run will come again in crypto world, it will become a topic of many people including in social media.
Many investors are still interested in cryptocurrency because they find it easy and profitable investment. The trust of investors is still in there waiting for the right time to invest again.

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maybe after I thought the popularity of bitcoin won't just disappear even though there are countries that don't allow bitcoin mining or investing with it, and maybe there are still many other investors who want to invest with bitcoin and there are still other countries that want to use bitcoin as digital money to transact with easy and safe especially now because more and more people are interested in bitcoin.

yurekaa

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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. Bitcoin remains famous and is the king of cryptocurrency. it's just that people don't talk about it anymore because for the past two years the value of bitcoin has continued to decline. but I'm sure when the value of bitcoin pumps up again to $ 25k people will definitely talk about it again. and you are wrong if bitcoin is only for the rich or developed countries. I live in a third country and I can afford to buy a bitcon. we don't have to buy 1 btc. We can buy BTC in Satoshi (0.00)

dimox

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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 know, because before bitcoin start rise the price, it price is low and after the price growing, many people join here, but it doesnt mean bitcoin lose popularity. maybe people just take a break because no movement from bitcoin. imagine people buy at high price at 2018 but until now they dont sell because bitcoin price is low. volume will high automatically when bitcoin price rise

Murat

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I don't think so, Bitcoin is such a coin which has created this cryptocurrency platform, All of the cryptocurrencies are following the footstep of Bitcoin and itself is a pioneer of this blockchain system so far. I think the popularity of Bitcoin hasn't got any negative touch, It's a matter of value we've got in recent times. You know that Bitcoin is the most valuable currency in the current world both online and offline, a lot of countries are taking this platform very seriously for the future prospect, people around the world is going to adapt with Bitcoin and cryptocurrency because of some userfriendly features, It's true that there are some weakness also but blockchain is a strong future vision which is going to dominate in the future monetary platform. so the popularity of Bitcoin will not decrease.

crossabdd

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bitcoin has not lost its popularity guys, you can see bitcoin users from 2009 until now. it is increasing. I think bitcoin is in most countries of the world, if there are countries that don't understand bitcoin yet. maybe they don't have internet. it only takes time to reach all countries of the world.

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Who said bitcoin losing popularity? many investor keep trusted with bitcoin as investment assets and always re investing after bitcoin break dwon. As investment and trading bitcoin always give investor profit and many country want to regulation of bitcoin because how popularity of bitcoin in digital currency payment right now, bitcoin most talking by many investor and companies every day.

kooboat

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Bitcoin' s dominance and popularity is still growing stronger and it seems it is not stopping anytime soon. I find it very difficult to understand the point of the OP that bitcoin's popularity is going down. As a matter of fact bitcoin has really done well in terms of popularity so far as this year is concerned.

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