DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN? - page 31.

bbcolex

full member

Activity: 686

Merit: 100

Quote from: swaggerkeme on September 09, 2018, 04:09:56 PM

Why are many disturbed about the drop in the price of bitcoin Cool

. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin. Roll Eyes

You can't blame people panicking , whales selling there bags and bitcoin continously dropping its price like theres no tomorrow. The recovery phase is unknown since market still in bear state.

Kez1817

member

Activity: 909

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www.cd3d.app

Of course because bitcoin is still valuable and strongest digital currency despite of many dumps and continues fluctuations of current crypto market. I believe bitcoin still has a bright future and it will survive the downtrend,it will rise soon...we just need a lot of patience.

korkor

member

Activity: 115

Merit: 10

I understand that the drop in the price of bitcoin means people lose money, but people need to understand that this is the nature of cryptocurrencies. The price is always determined by the price at which people are buying and selling in the crypto market. Once you understand this, you will now get why the price of cryptocurrency keeps changing as the day goes by.

The cure

jr. member

Activity: 448

Merit: 4

I think so because bitcoin still had a higher value until now and a lot of people still confident that bitcoin will increase more before end of the year. We still looking forward for a bright future of bitcoin.

Kelvinid

sr. member

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win lambo...

Quote from: Kenthunan_rondo on September 09, 2018, 06:36:55 PM

You are right, indeed lately the prices of all crypto including bitcoin have experienced a very deep decline, but that does not make my confidence decrease to keep choosing bitcoin, soon bitcoin will surely return green again.

Yes.This is not the right time to quit all our investments.We may have experience lot of good and bad things already in crypto world so let's continue to pursue our goals in crypto because if the market turns green again,we will have to gain huge profits again.

Kenthunan_rondo

newbie

Activity: 52

Merit: 0

You are right, indeed lately the prices of all crypto including bitcoin have experienced a very deep decline, but that does not make my confidence decrease to keep choosing bitcoin, soon bitcoin will surely return green again.

wormgummy019

member

Activity: 328

Merit: 10

Quote from: swaggerkeme on September 09, 2018, 04:09:56 PM

Why are many disturbed about the drop in the price of bitcoin Cool

. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin. Roll Eyes

For me, I can say that there are people that still have confidence in bitcoin. They have confidence in bitcoin but not in the market price of bitcoin. I hope that bitcoin price will rise.

solkinsolali

member

Activity: 154

Merit: 17

The confidence in Bitcoin has dropped in this last few weeks. That is why you see a continuous fall in the prices of cryptocurrency. Let's hope people get back their confidence so that we can seeing a positive growth.

richminded

sr. member

Activity: 798

Merit: 268

I can say yes because people are still buying bitcoin. We may feel disappointed about the market now but its pretty normal for me because of the manipulators, time will come and bitcoin will grow on its own. Don’t just quit easily because the best price of bitcoin is yet to come, be patience and focus on your goal in life.

atorle

newbie

Activity: 126

Merit: 0

The bulk of the persons selling at every dip in price or FUD are those who do not believe in it long term, there are core hodlers whose courageous act help keep bitcoin above certain threshold, above 6000$

phdilanuom

newbie

Activity: 72

Merit: 0

Are you depressed about the price falling of bitcoin? Are you serious? Then you have not understood the nature of bitcoin progress. What is the meaning of this chain if the price is varying within a tiny range. Aren't you looking for a huge profit? Then you should wish bitcoin price to fall further. otherwise, how can we? Be wise and patient and identify the opportunity.

franky1

legendary

Activity: 4270

Merit: 4534

i and the majority have not lost confidence in the market
2016: >300
2017: >900
2018: >5,800
proves market confidence so far
right now the community is not at a loss of confidence. or a growth of fear.. the community is at a 'no innovative, excitement happening' period (nothing to hype)

where the fear is/reduced confidence will be, is in the utility of bitcoin dropping

this can affect things as a snowball effect in the future, which can effect the speculative volatility of the market price. if bitcoin has no utility, then even with scarcity. people wont want it. and so there wont be as much push. in the end the only market movers will be the miners, which if they decide to move a few rigs over to other coins. hashrates wont rise and the remaining miners can get more rewards regularly, thus reducing their costs and increasing their rewards meaning they can sell for less.

so its important that bitcoin NETWORK (not side services/networks, not drama, not emotion) but bitcoins blockchain re-innovates otherwise the hype of bitcoin being "the greatest" dies. which then snowballs.

muhammedb

full member

Activity: 378

Merit: 108

It obvious many people has lost there confidence of bitcoin but I don't guess that is the right thing to do now because this will really cause bitcoin many damage when people lake confidence and decide to dump it, the only way to help bitcoin is to take holding because the last shay smile.

mekie

member

Activity: 308

Merit: 11

Personally-yes i have confidence in the bitcoin project in the long term, shure it has some problems, and the speculators don't help but taking a long term vie i think it will survive and flourish.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: swaggerkeme on September 09, 2018, 04:09:56 PM

Why are many disturbed about the drop in the price of bitcoin Cool

. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin. Roll Eyes

people supported bitcoin out of greed wanting to free themselves from neofeudal rule of the banking cartels, now, they have their own bitcoins they want to sell for hart work, same like satoshi did,

so confidence is different now, without indexation mafia, bitcoin wouldn't be able to go one like now.

swaggerkeme

newbie

Activity: 162

Merit: 0

Why are many disturbed about the drop in the price of bitcoin Cool

. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin. Roll Eyes

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