Bitcoin coins are losing popularity? - page 8.

adzino

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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.

Its not becoming "beyond" the reach of the ordinary people. You don't have to buy one whole coin to own bitcoin. You can always buy a fraction of the coins. 0.1 BTC, 0.01 BTC or even 0.00001 BTC. There is no difference. They all have a value. Your 0.0001 BTC can one day worth thousands of dollars. There is no such thing as you "can't" afford bitcoin.
If you still want to own one whole coin, there is always altcoins you can invest on.
If bitcoin is losing its popularity, why is it still on the top?

nicecrypto

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I think you should use the latest news updates btc have been getting regarding different companies accepting btc as a yardstick to measure its popularity because from what I have seen or read lately I would say the popularity of btc is growing rather decreasing, take the recent Watford football club as an example or the latest news about Unicef, hope you understand.

Upgate

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Point of correction bitcoin is not losing it popularity I don't know what makes you say so.
The popularity of bitcoin has even gone higher than ever before,
Except for the numerous country in which bitcoin is banned which seems to be the major problems of bitcoin

Bitcoininvestment

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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.

We might think that the value of bitcoin is getting low right now but do not worru about it.This is normally happening to those in market. Eventhough it loses popularity in many people, there are still using bitcoin and believing what it can do to people. They believe that bitcoin is a faucet to earn and give us an opportunities to get some money out of it

Colt81

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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 you are wrong bitcoin doesn't lose it's popularity, even it's price started to decrease from $20,000 in the year of 2017 because bitcoin still is increasing it's popularity everyday that more people knows about bitcoin that there are some who gets interested to buy bitcoin and there are still some who don't. So there are possibilities that bitcoin would reach it's price again up to $20,000 just like in the year of 2017.

qiwoman2

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Bitcoin dominance is still up there when it comes to the CMC rankings but I think many who tried to cash in on the big boom at the end of 2017 have long gone. So only traders or those who are lucky enough to invest in very good projects that suddenly decide to moon, make it big in BTC NOW and the Miners and big Bagholders who leverage trade in the Bitcoin Futures market. For many of us smaller people, it is kind of too late to get on the Bandwagon where Bitcoin is concerned, unless, as I said, we make it big on a small-cap coin project and manage to convert it to Bitcoin.

mascherono

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Quote from: jhonjhon on October 11, 2019, 10:03:56 AM

Bitcoin coins are increasing in popularity everyday. A lot of people are now interested in bitcoin and I don’t understand why you came up with the idea that bitcoin is decreasing in popularity. Anyways, with big companies trying to create their own coin and also promoting there coins, it made people came across bitcoin and it’s a great avenue for new investors to know bitcoin.

I appreciate your reply here. Yeah, obviously bitcoin popularity increasing everyday.

boltz

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The weak hands are already out from bitcoin because they didn't get rich quick which demonstrates that they had no idea how bitcoin works and what drives the price up and down. Personally , I'm glad that only the true supporters of bitcoin are still in the game as there is less FUD on Bitcoin.

Just because the price is down ( still double the price since 3k on 2019$ ) doesn't mean that it lost its popularity because we see a lot of ATM's being deployed into world, foundations like UNICEF accepting Bitcoin And Ethereum deposits, mass-media slowly points its attention again into Bitcoin and so on ...just think positive and I'm sure you will see the truth about Bitcoin's power.

Fredomago

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Quote from: d3nz on October 11, 2019, 11:04:59 AM

I don't think so because bitcoin is very popular worldwide and it used as primary payment using the cryptocurrency. And the demand is very exclusive even new investors are wanting to buy bitcoin and make an investment.

And some people are investing to bitcoin because they know that the value will rise up every year and good for long term holding and most likely to increase the profit.

Not sure where OP get his idea since it's the opposite that we are seeing right now. Bitcoin still popular and being used as store assets maybe there are some who uses bitcoin for transacting online dealing with buying or paying but the most part of holders are using it as investment assets. For some who understand trading they manage to use it for pairing to alternative coins and make a decent profits. There's no issue with popularities it will continue to prosper in the long run the value will rise with more adoptions being held.

d3nz

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I don't think so brcause bitcoin is very popular worldwide and it used as primary payment using the cryptocurrency. And the demand ks very exclusive even new investors are wanting to buy bitcoin and make an investment.

And some people are investing to bitcoin because they know that the value will rise up every year and good for long term holding and most likely to increase the profit.

SaShiRaJaVu

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Quote from: Rupok365 on October 11, 2019, 10:54:45 AM

No one said anything about the legitimacy. Why did people move away from trade and invest at this time, even though Bitcoin was popular?

So what you are trying to tell with his statement of bitcoin loosing its popularity, the market is volatile and it is not a new phenomenon, the market was like this from the start and hence it is not a big surprise for anyone who is trading in the market for a long time. If you look at the price of bitcoin even now it is around $8000 and you think that the popularity is loosing Roll Eyes

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Rupok365

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No one said anything about the legitimacy. Why did people move away from trade and invest at this time, even though Bitcoin was popular?

judeafante

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Quote from: akirasendo17 on October 11, 2019, 10:19:04 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.

I dont know where your data came from but its really the other way around of what you are saying, before we dont have a single bitcoin atm's in the world but now we have plenty of those in the philippines bitcoin is being recognized and union bank has one of those atm bitcoin, they are also adapting , so for you to say that I dont know, maybe what your talking is some unknown altcoins or something

It's not really confirmatory but he is asking if Bitcoin is really losing popularity but we all know majority of us here will disagree, there is no way that it's going to lose it's popularity, it's even growing everyday there are good news and everyday there are a lot of events going on, Bitcoin do have everything, speculators, fudders, shills and that what's makes us a great community.

akirasendo17

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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 dont know where your data came from but its really the other way around of what you are saying, before we dont have a single bitcoin atm's in the world but now we have plenty of those in the philippines bitcoin is being recognized and union bank has one of those atm bitcoin, they are also adapting , so for you to say that I dont know, maybe what your talking is some unknown altcoins or something

jhonjhon

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Bitcoin coins are increasing in popularity everyday. A lot of people are now interested in bitcoin and I don’t understand why you came up with the idea that bitcoin is decreasing in popularity. Anyways, with big companies trying to create their own coin and also promoting there coins, it made people came across bitcoin and it’s a great avenue for new investors to know bitcoin.

mascherono

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Is this really that the Bitcoin losing its popularity? I don't think so. Yeah, it's true that the price is beyond and out of normal people. But with the passage of time bitcoin increasing it's popularity a lot.

Oasisman

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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.

No, it's not that Bitcoin is lossing popularity. If you're literally basing your statement to the current market condition or the price of btc today, you're wrong.
Maybe people who knew about Bitcoin and Cryptocurrency lost their patience and trust towards the technology, because the price usually going sideways.

How can people suddenly forget about Bitcoin when they rode the hype during the unprecedented rise of Bitcoin in 2017. Infact, the Bitcoin adoption is even continuing to expand.

lionheart78

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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 came you to a conclusion that Bitcoin is not receiving validity in low income countries? Bitcoin had been more popular then ever, with the government regulation and stuff, Before it seems government are just ignoring Bitcoin but right now, its been a focus of discussion, the implementation, regulation or even banning and prohibition of the use of Bitcoin. You see, Bitcoin had never been popular like this. And it always possible to buy a portion of Bitcoin if one can't afford a whole one so your statement about Bitcoin value beyond the reach of ordinary one is moot.

eaLiTy

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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.

The market valuation depends upon demand and supply and nothing else, when the market started there was not much demand and that was reflected in the price and with the limited number of coins it is bound to go higher when there are new investors in the market. Who is asking you to buy the entire bitcoin, it is divisible and you can even purchase coins as low as a few dollars and the transaction charges are really low.

Here is a proof that i sent transaction with a fee of 0.00000247BTC as fees and got included in a block in 19 minutes. Any new excuses now Tongue

.

BitBite5

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I'm not sure what do you mean by losing popularity. I hope you don't mean on popularity on social networks. New bitcoin adopters appear all time and to my opinion bitcoin is more and more used in real life, also as a payment method and not only investment asset.

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