Topic: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN? - page 15. (Read 4227 times)

Bitcoin is still trading at around 600% up from the 2017 January prices, and that itself is an evidence to prove that the majority of the users still have confidence in Bitcoin. But then, a lot many of the users have realized that they needs to be very patient, if they want to get good returns from BTC.

If you consider bitcoin as a means of easy money, then probably not the right kind of earnings is chosen. Greed will destroy man. Personally, I see bitcoin as an innovative technology. Let bitcoin will cost $1, I will treat this positively and buy more bitcoin...

This is not the first time that bitcoin has dropped a very drastic price, just enjoy it. Time to buy because of cheap bitcoin prices, take this opportunity

I agree with you, Bitcoin never fall if Bitcoin price down this is common thing up and down.

So I think this is the best time to buy Bitcoin and when price rise then you make good profit

yes, i think there are lots of people that believe and full of confidence in bitcoin.

the market itself is like that one time it increases and other time it decreases it is the trend in every coin , it happens due to the foolish investors it will definitely increase in coming days

Yes, We need to have a confidence in bitcoin because the bitcoin can give our needs particularly the profit. I know that the bitcoin can recover soon and rise again because the bitcoin is very popular. We need to trust the bitcoin and help also. I think if the bitcoin have a new investors the bitcoin will rise again.

I would say that there are still a good amount of people that believes in it. If not, the market have already fallen to its death. I say that knowing that there are still some who are interested while there are others, like me, who still believes that despite the market showing bad signs and negative movements lately, it still has good capacity to get back what it lost. The market is not in a good state, no doubt, but if you really follow and believe in it, then your confidence won't falter that would make you give up on it.

I have learned never to doubt things that are very visible, my reasons are,  (1) btc has only 21m coins in circulation compared to the world's population of about 7.3billion individual. ( 2)its still at the early stage of adoption which means that price will continue to go up in geometric proportion because of the limited supply and the raising demand.(3) it happened exactly like this before I bought my btc,  then it  3500$ and I saw an article that foretold price was going to reach 20k$ I Never believed,  not until it hit 20k$,  I decided to buy,  if someone has told me then that btc will be 20k today I wouldn't hv believed.  Based on the limited supply of btc and the raising demand bet me price can spike to even 100k$ or even more.
We should remember that history repeat itself,and as it is,we are heading to 3rd phase of crypto boom and this will benefit the true holders /btc.
Finally,if you watch ,you will know that btc was sold at 3000$+ around last year,but this year it has not hit 3000$.

Many of us still believe on bitcoin and not losing hope even for long it is still in down trend. I know bitcoin will increase again and more adoptions will take place. Yes many factors considering the bad market situation, however, I still have confidence in bitcoin market.

I didn't give up at all, maybe because of the circumstances that made the situation turn out like this. because there are many factors from the market side that are currently less relevant in the development of the platform that has made blockchain technology useless

I for one have confidence in bitcoin, and i am certain that there are a good number of people that do too, even in the midst of the pessimists.

I think they still have that but it's not as good as last year where there were so many people who believed in bitcoin that the price was higher

Yeah , I Agree with you , Here I found many people who are going with the trading with sorrow mind and they are not taking all these positive , since this is truth that it is just dump and we have lost about 60%+ portfolio but still it has chances fully to go up , because this is not gambling that you have lost and you will not get it back and also this is not the first time , it was the condition that happened in year 2012 with big dump but what happen? After one year gap , market get back to at his better condition with not only recovery but gaves profit for those who holded Thier assets from.thst time and made investment at that dump for such a one year long time .
Here I am in loss of $5k approx. By 40% down in the portfolio but when I analyse the past data of fluctuations than I found that this is usual and we should not loss hope because these are dumped are opportunities and here instead to take blind descion to give up , we should get into in this dump as a money miner to make money .
So surely we should be confident with our holding , because to became sorrow/sadness we will get nothing instead of negativity .
Since I can see that many exited but everyone are saying that they will come back and also they are now looking to make investment again , hope happen same and why not it will happen sure that market will pump again .

Many people are losing hope, if people did not lost their hope in bitcoin and that it could go up then the price will not be so low, also if what you said was true and people were still maintaining their hope we would not see all those threads of people complaining and even giving up on bitcoin because they have lost so much money and they have no hope that they are going to recover that money anytime soon, only the ones that truly believe in the technology, the developers, and the future of bitcoin will obtain profits out of it.

For me yes, people still have confidence in bitcoin most especially those who experienced like this situation before. This is just a challenge to everyone to make us strong and believe that it will returned back soon to its normal value.

With the current situation of the market, I can strongly admit that many investors have lost confidence in Bitcoin , it is hope they are waiting for now to see if the market will bounce back.i say it will ,but maybe not to $20000 this time.
There will no such thing as bubble or pump again,just normal organic growth

In the past histories the drop in BTC price now is for the expectation of something better, Very soon we should see again last ATH  again. It is not surprising that some people pull out, a lot of things might have caused it but before the next party starts it is better go start buying it at low price now.

Indeed this year is very bad for bitcoin because the price is always down, but I still have confidence that the price of bitcoin will rise again soon. For that I still keep bitcoin and will not sell it until the price of bitcoin goes up again above 15000 $.

For me i very very confidence with bitcoin, even the price is drop, i still believe and for smart people he will use this moment to buy more bitcoin, because right now is best time for buy. I think only people dont know about bitcoin potential or only newbie in crypto will panice about the drop price of bitcoin