Topic: BTC seems to be fading out and loosing popularity. - page 2. (Read 720 times)
Just because the transaction fees go up doesn't mean that the popularity is losing, maybe that can affect the popularity I don't think that it will the lynchpin that will make the popularity of bitcoin go down. Not to mention that you don't gather enough data to justify the claim that it is losing popularity, testimonies from your friends is not enough evidence because there is no diversity in information and bias is a possibility.
Not investing in the asset and losing popularity is different things, BTC is not losing popularity it has achieved its ATH just last week and everyone knows what it is and less people think that it is just criminal currency and sees it as legitimate investment. Maybe it is overvalued currently and people chose to wait.
You are underestimating BTC. I don't think it is losing popularity on the other hand I feel it is gaining popularity day by day even ordinary peoples also taking interest in Bitcoin. Mark my words it's not late yet if you have spare funds. After 2-3 years even you would say the same thing If you bought that time when Btc was 60K, You would be in good profit. If your planning is long-term then you can still buy but small investors are focusing on altcoins that are affordable to buy.
I can't say I disagree. Bitcoin has been posted everywhere, after breaking consecutively records, reaching new all-time high multiple times within a few months. Bitcoin is in the spotlight of cryptocurrency news, due to its high price levels that have been achieved during the last few months. 
Mark my words it's not late yet if you have spare funds. After 2-3 years even you would say the same thing If you bought that time when Btc was 60K, You would be in good profit. If your planning is long-term then you can still buy but small investors are focusing on altcoins that are affordable to buy.
By the way, I may actually understand what you are saying the truth but the other round may seems to be untrue, basically, bitcoin adoption was meant for everyone, as time goes on, the ecosystem is starting to discovering that bitcoin would be the usage of rich investors, small investors finds it difficult to pay huge sum of $30 for a transaction of $15, isn't it insane. The painful part is that, more crypto users are not aware of electrum wallet where reduction of fee could be possible. The realistic is that, bitcoin would be used by whales and big investors. 
If you say Bitcoin is losing popularity, it looks like you are not doing your research properly on Bitcoin. And just believe the words of your friends,
who are likely to experience losses when investing in Bitcoin and give negative opinions about Bitcoin. So my advice is not to be influenced by what
others say, do your own analysis and research, then the truth will emerge. Therefore, when I invest in cryptocurrency, I don't depend on other
people's opinions to determine the coins I want to buy. Actually it is enough to see the price movements in Bitcoin, it has proven that
the popularity of Bitcoin is increasing. Because the price of Bitcoin keeps going up.
who are likely to experience losses when investing in Bitcoin and give negative opinions about Bitcoin. So my advice is not to be influenced by what
others say, do your own analysis and research, then the truth will emerge. Therefore, when I invest in cryptocurrency, I don't depend on other
people's opinions to determine the coins I want to buy. Actually it is enough to see the price movements in Bitcoin, it has proven that
the popularity of Bitcoin is increasing. Because the price of Bitcoin keeps going up.
People will of course prefer Altcoins for the reason prices matters but some investors convert their profits into Bitcoin rather than holding it all in Altcoins which is pretty risky compared to Bitcoin. I don't think Bitcoin is fading out and losing popularity because it is now the new play ground of some institutional investors.
Not all people! People with no money will prefer altcoins because they'll at least feel they have a share when they invest 100 dollars in some altcoin worth a few bucks. This isn't a smart move if you think about it.
What would you rather have? 1 gold coin or a whole bag of copper coins? Although you could say that the probability of those copper coins gaining value is the same as with that gold coin but gold is always easy to recognize and easy to value, like bitcoin. Everybody knows what bitcoin is but try to ask someone if they know what Waves is and how much it is worth. They'll have no clue.
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
They are just simply discourage not only on the fees but on the possible profits that they can multiply with their investment and thats why they do consider out Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
on investing with altcoin.I do highly disagree that bitcoin is losing or does fade out its popularity.If you do try to look at into its current price then you would definitely
say the opposite thing.It is just the market doesnt really make any noise as of this moment which turns out to be an ordinary day without having any events or
market situations that circling around.Just let your friend on what he do like to do.
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
Your friend is just one among millions who are interested and still buying btc, both of you can keep lying to yourself and thinking btc is fading until it hit $150k and you will still feel sorry for yourself for not buying when it was $60k,
What do you know about what people consider or don't consider! Unlike before, btc is gaining more recognition and here you are talking about fading away and being too expensive, good thing the likes of Elon Musk don't share your view
You are underestimating BTC. I don't think it is losing popularity on the other hand I feel it is gaining popularity day by day even ordinary peoples also taking interest in Bitcoin. Mark my words it's not late yet if you have spare funds. After 2-3 years even you would say the same thing If you bought that time when Btc was 60K, You would be in good profit. If your planning is long-term then you can still buy but small investors are focusing on altcoins that are affordable to buy.
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
There are so many people who is being FOMO or fear of missing out in which they are thinking that they are already late on the roller coaster ride of this bitcoin especially today that we are seeing that the bitcoin is very successful and stable on around $58,000 to $61,000 and many people is thinking that it is not worth it to buy bitcoin anymore today because of the high transactional fees which is really brought by the extensive pump of bitcoin but what I can suggest is if you are looking for a long-term investment then I could probably say that investing to bitcoin is more profitable in the long run. Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
I have opposite thinking about this. If you are new in crypto your first and long term investment should be in bitcoin. Even though the price of bitcoin is high, but in the long run the investment in bitcoin will be the most profitable one and safe too. If you can buy any other alt, you will not be sure if it will grow in the long run.
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
People will of course prefer Altcoins for the reason prices matters but some investors convert their profits into Bitcoin rather than holding it all in Altcoins which is pretty risky compared to Bitcoin. I don't think Bitcoin is fading out and losing popularity because it is now the new play ground of some institutional investors. Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
I do not think that Bitcoin is losing its popularity. Many people invest in bitcoin and its price grow.
Many politicians changed their view about Bitcoin. Here information about this - https://dailycoin.com/politicians-changed-view-bitcoin/
I think that it is very interesting and useful for read information
Not only politicians change their oppinion about Bitcoin. Many big venture investors changs their opinion too and start to invest in Bitcoin.
Maybe that's just in your circle, bitcoin is still really popular and not to mention many coins paired against BTC, aslo many people who trades alts usually also piling up their btc holding from the profits they got from those alt. in short, BTC is not fading out its popularity, it's just people just want to find a more fluctuative coins for the purpose of making profit.
A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins.
They had their chance, they didn't take it. They still have a chance, yet they are just complaining and whining how they missed the opportunity. Again there are those that missed the boat and are now just bashing crypto currencies in every possible way. It's just because they regret. Everyone still has their opportunity. Instead of investing in some random shitty altcoins, they can invest those money in bitcoin (no need to hold one whole bitcoin!) and make some good profit in the long run.I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
If he wants to hold bitcoin for long term, then the fee is nothing compared to the long term gains. Your friend is just being prejudiced against bitcoin.
The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50 percent from just a month ago, when it passed its previous all-time high of around $20,000.
The problem is that Mr. Thomas years ago lost the paper where he wrote down the password for his IronKey, which gives users 10 guesses before it seizes up and encrypts its contents forever. He has since tried eight of his most commonly used password formulations — to no avail.
The problem is that Mr. Thomas years ago lost the paper where he wrote down the password for his IronKey, which gives users 10 guesses before it seizes up and encrypts its contents forever. He has since tried eight of his most commonly used password formulations — to no avail.
There's no such thing as "too late" in my opinion as long as Bitcoin's price continue to go up. Your friend just need to chill and don't buy when the price of Bitcoin is surging to avoid expensive transaction fee, simple as that. However, it's not as bad as well if he is going to invest as well to other Cryptocurrency like ETH, MONERO, or even LITECOIN or whatever he find promising in the long run.
What I only like about investing in Bitcoin is that it's high volatility makes a good profit in the long run.
What I only like about investing in Bitcoin is that it's high volatility makes a good profit in the long run.
It feels weird when i read someone ask "This is too late to invest or not".
I've been read this same question since 2017 and i think almost everyone who believes in crypto knows the answer.
For #believer like me, it never too late to invest. Everyday is the bestday to buy bitcoin,
I've been read this same question since 2017 and i think almost everyone who believes in crypto knows the answer.
For #believer like me, it never too late to invest. Everyday is the bestday to buy bitcoin,
With news like this, I don't think bitcoin is loosing interest:
When someone concludes that bitcoin is losing popularity, this isn't the first time that I've heard it. When they're too focus on the downside of bitcoin and the falling wedges, they're going to say what will satisfy them even if it takes bitcoin negatively with their words. Visa to allow bitcoin payments and explore crypto purchases with its card
And that's "loosing" its popularity.News link: Visa Taps Deeper Into Bitcoin Through New Global Partnership With Crypto.com
Quite the opposite with what's happening to me recently. I have several friends who came and asked for advice on whether or not it's still safe to buy bitcoin, or at what price should they buy to maximize their investment. They are eager to learn still and do not feel left out, however they are kinda regretting that they haven't started years ago when I first introduced them to bitcoin. The number of curious bystanders on bitcoin increased significantly these past few months. Though not all of them have the intention to buy, I think that still counts as an interest to them that contributes to bitcoin's popularity right now.
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