Topic: Can't we accept bitcoin is going through developmental stages - page 3. (Read 585 times)
With the current situation where the recurrence of dips of btc has been very successive within the span of days were mostly experience a lot. With this, I believe that the current situation is considered under the adjustment period or under development in such a manner that it should have to stabilized the market soon. Moreover, people should not get confused in scenario's like this since it could be just temporary and not yet a matured market.
Bitcoin has not yet a established as a cryptocurrency in the world to become a global currency for business entrepreneurs to use in there businesses instead of fiat money and it's price had huge variations in past several months but still it's price is better and increasing slowly which is a good sign for the crypto community and investors who brought when the prices were high so we can say Bitcoin is going though a developmental stage at the moment
I think it's necessary to fix these bubbles in the last few months so that they can disappear quickly and let our forums talk more about community building and technology than about the price of bitcoins every day.
The users of bitcoin are very much aware and when ever they heard and news they don't believe it without and verification except some so, FUD news can easily affect bitcoin.
We can agree that Bitcoin is going through development stage because now is the time world is adapting towards Bitcoin and Bitcoin and it's community getting to know how to face and continue in front of real world problems and negative impacts for a better and smoother future
Yeah recently bitcoin is going down. But they will definitely change their strategy and come back soon. So yes we can take this as a developing stage and keep patience. Hopefully BTC will comeback with more acceptances.
It is normal. When a cryptocurrency like bitcoin starts falling many people leave the market. I think lots of investors will join now which will cause price increase in coming days.
Panic are spreading among short term investors. Those who came for a long term invest will keep patience and i think they will see the good times soon.
It is definitely developing everywhere judging on the number of ATM machines popping up all over the globe. It will make global travel easier if you can just withdraw cash from btc rather than looking for a bank for foreign exchange. It's a sign of things to come
Bitcoin is already at a good stage when it comes to the functionality of the coin. As far the level of price is concerned, that is happening from our end. Given we have recently pulled out our investment and has caused the demand to fall.
But it still needs some development stages to go through till we can say that this coin could be use in every day acitivities, for me it will take some time for that changes to happen.
Those who understand the crypto market, will understand the pattern. Fluctuation is quite common for a cryptocurrency because they are not stable it.
Bitcoin hasn't really reached a state where we can call it safe to invest on. It is showing fluctuations and manipulation everyday. Once we get rid of this situation I would definitely call it a maturity state. Till then, what you said is right, it is in developmental phase.
Bitcoin will keep fluctuating which it has been doing since its introduction stage, since the fluctuation is something we can't control so it is safe to call it a developmental phase for bitcoin. When BTC will become foolproof of any manipulation and fluctuations which are caused by the whales then it will definitely reach a maturity stage.
we are always waiting for the development of bitcoin. we must be patient to improve the market. and this is not easy.
you are right, that fiat must also go through a long stage to be stable, but I think that fiat and bitcoin are not the same. bitcoin is not a stable currency.
so, the development of bitcoin can become faster or become longer.
you are right, that fiat must also go through a long stage to be stable, but I think that fiat and bitcoin are not the same. bitcoin is not a stable currency.
so, the development of bitcoin can become faster or become longer.
I agree that for all the crypto market for 8 years this is very small! The development of the crypto market takes very little time, and we are at the very beginning of this long and beautiful journey! now the main task is the legalization of crypto coins around the world. After legalization - the development of the entire crypto industry will start at a rapid pace!
Many people spread the word FUD to make a profit and lower the price of bitcoin then that's when the contractors will buy bitcoin coins. But that is only part of the influence for bitcoin. At this time bitcoin is experiencing uncertain ups and downs. But until now everyone has understood more about bitcoin. So I think the FUD news will not affect the price of bitcoin in the future.
Bitcoin will go through such stage for a long time in the future till it overcomes all its shortcomings and becomes stable once and for all. Having fluctuations above 10% on a regular basis definitely puts it in a phase where it is not stable at all and there will be a time when it will show signs on stability before becoming stable permanently. Till then it will remain in developmental state.
A few downward slope is always expected per time, and no one is expecting BTC to shoot up to the sky in value each passing day but at this point i think the people expects a considerable state of stability; the falling rate is just too high. But at the end of the day it is a volatile currency, so expect just about anything.
We fail to see where btc is currently and only look at what we want or expect it to be. Barely a year, BTC was $2k
A few downward slope is always expected per time, and no one is expecting BTC to shoot up to the sky in value each passing day but at this point i think the people expects a considerable state of stability; the falling rate is just too high. But at the end of the day it is a volatile currency, so expect just about anything.
Without getting stable we cannot say that BTC has reached its ultimate stage. The fluctuations that are happening with price of BTC since last year's beginning has definitely put it into a developmental phase with might continue for a long time in future unless the governments take a hold of it or BTC itself comes to stagnant stage where there won't be any speculations regarding the pump and dump state it is currently in.
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