Topic: HAS BITCOIN REALLY STOOD THE TEST OF TIME? - page 6. (Read 1702 times)
As this is the Phenomena of the nature if you want to be succeed you first have to survive through the thick and thin and have to pass the test of time so does bitcoin do throughout the last several months now it's time to rise and stand upright.
despite the negative write ups against bitcoin, it still stand. this is to show that bitcoin has indeed stand the test of time and is to also show that bitcoin can weather any storm.i see bitcoin becoming a legal tender in the nearest future. out of all coins, bitcoin stood out.
What I believe in is that; Bitcoin as really stood the test of time and negative news which do have a great drop in price of the coin is now having close to nothing effect on it anymore and a perfect example was the last ETF rejection of the coin...
Bitcoin is the proof and the total existence for cryptocurrency in the market and the consideration for the investment as long-term purposes. However, this may indicate positive response on the sustenance of bitcoin towards the future since people were holding it. Thus, to assume, it would stood on the test of time while considering that it will still grow - volatility is 2 over 1. Two for an increase and 1 for decreased.
You can't really say whether or not it has stood the test of time, because significant time has not yet elapsed since its creation. I think that for the most part, Bitcoin is doing really quite well, market capitalization is huge, number of merchants is growing and the competition in that strong. It still has at least a few more years left in the tank.
There is nothing crucial that has happened that you think bitcoin has stand the test of time. IT is still in operation and looking much bigger no matter how prices drop or rise bitcoin will be bitcoin and nothing will change per reason of time.
what you are calling "negative speculation" has in fact been FUD, misinformation and basically bullshit being spread by mainly those who wanted to buy bitcoin cheaper or short bitcoin while it was going down. otherwise the downtrend has been natural to some point.
also I disagree with saying it was "caused largely by negative news". based on what I have seen, negative news rarely causes a drop, they only intensify a drop. in other words if there were no drop in first place then the news couldn't create it.
You have a very good point there, the things that cause a drop in price of bitcoin are largely not caused by FUDs, I believe the factors are enormous. Bitcoin is simply amazing and incredible digital currency. also I disagree with saying it was "caused largely by negative news". based on what I have seen, negative news rarely causes a drop, they only intensify a drop. in other words if there were no drop in first place then the news couldn't create it.
Ten years is not nearly enough time to gushers a financial system.
Bitcoin is still at its infancy stage. And it would need to go through several more modifications and corrections.
Bitcoin is still at its infancy stage. And it would need to go through several more modifications and corrections.
As I know there is nothing bad happen with the bitcoin. I think it will surely stood the test of the time. This price nothing make any impact with the use case and the blockchain.
For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.
Actually, it doesn't matter how long of downfall it takes because even there are a lot of ups and downs movements, apparently it is normal things to happen to this system. Even we are experiencing downtrends for a long period of time, for there will be the pumps are awaiting to happens so that for sure there will be the upcoming biggest movements in the near future. Bitcoin will always be in the top and be much successful in the future.
It's just 10years of bitcoin's active existence. 10 years is lot of time to effect any kind if change drastically. Bitcoin has grown in leaps and bounds and, is surmounting all attacks; instigated or coincidental. But I think its still early to safely assume that the coin has "seen it all". I think there are yet tougher challenges for bitcoin in times to come. Especially when developing economies begin adopting crypto over dollar denominated global commerce. The "heavyweight" will not like that, and would recourse to using propaganda and all kinds of possible or impossible tactics to demean the lofty ideology behind real cryptocurrencies, desperately fighting to retain that top spot.
Watching this past and present year won’t change anything. In this market down,some small ico may go diminished, but bitcoin is the best. It will get it's price and will bang the floor!
Bitcoin has already encountered many odds and tests when it was launched and introduced ,it is already tested through different times and now bitcoin stays strong and establish its name as the model crypto currency in the market today ,so bitcoin can be trusted as a good kind of crypto and investment.
The negative conception is on going and some.CEOs too like warren buffet are out there tarnishing the image of bitcoin, however despite all the castigations bitcoin had been thriving and waxing stronger although price-wise bitcoin is struggling however there is a growing global adoption of bitcoin a noticeable sign of a good things ahead.
Still the market is down but I think the dominance of bitcoin will rise in a few week. We can get a year of 80-90% dominance of bitcoin in upcoming months!
The sole motivation for Bitcoin’s creation seems to be the desire for a better payment system for ecommerce. A system that’s more secure, faster and reliable compared to the system of deposit and credit cards overviewed by a central authority. Plus the transaction costs are incomparably smaller and stay the same regardless of the amount sent or received. Bitcoin can be sent and received anywhere in the world, right away. The big advantage of Bitcoin, as a currency, is its absolute independence of governments, banks and any central authorities.
Still dilemma spread out through people about crypto and many people have wrong concept about crypto. Despite of this bitcoin sstill one top because of it's sustaiblity and reliablity.
What test of time are you referring to, there is no reason for people to panick, I have written a lot of post on this platform, from bitcoin = future, you have to be a die hard risk taker to win in this industry and lastly don't quit, I sighted the example of me buying Bitcoin when it dip at 5000+ dollars, house was mortgaged to do these investment, a fellow came the other day saying bitcoin is no investment, they called me fools, but today, the king of all digital currency has proved them wrong, we will call them out when it hits 20k 30k 50k.. Bitcoin is the future, if you are not investing in it, you are on your own, some people doubted if the plane would ever fly but today , I leave the rest of the sentence for them to complete
Bitcoin's dominance will be okay because it is well known rather than other crypto coins. And people are waiting for the price rise,then they will sell all their coins and the market will stable again. And its dominance will go far.
yes, the ladies about him did not score and continue to invest in it and soon he will please them with his height)
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