Is bitcoin loses its popularity ? - page 66.

traderethereum

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Quote from: KevinHD on February 03, 2018, 11:51:25 PM

Bitcoin is indeed losing its popularity due to dozens of agencies that scams people by using Bitcoin and its hype as a front. Now that it was heard by government, they are now studying or making a law with regards to it. Although Bitcoin is losing popularity and Altcoins starts to kick the market, it is still far possible that Bitcoin would be beatenby the other cryptocurrencies.

maybe that person is getting a scam by one program investment that using bitcoin as the payment so they called bitcoin a scam too. but I don't think that bitcoin is losing its popularity because I see until now, bitcoin still trying to survive and exist and although the price is too volatile soon the price will reach the higher price. the most important that we can do is to stay calm while the price is down like today and we can buy more bitcoin if we can.

feny.blackpink

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no, bitcoin not gonna lose its popularity.
it is the opposite, bitcoin now has gained many popularity

KevinHD

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Bitcoin is indeed losing its popularity due to dozens of agencies that scams people by using Bitcoin and its hype as a front. Now that it was heard by government, they are now studying or making a law with regards to it. Although Bitcoin is losing popularity and Altcoins starts to kick the market, it is still far possible that Bitcoin would be beatenby the other cryptocurrencies.

Angi

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I know that not all the time bitcoin will stable but time by time bitcoin gaining more popularity in other country more like in my country even if its have a badside of its risky challenge to invest but bitcoi dont loss popular its more famous rather than any coin came out now so bitcoin will rise another year so lets observe to it.

Toden1379

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Bitcoin still has the highest potential to increase in price IMO. It IS losing its popularity against other coins since its utilization is nothing special nowadays. We should get more new technology into bitcoin to gain them back. Dunno what it can do more though.

Granslam

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Bitcoin might decrease in value, however this does not mean that bitcoin lost its popularity. There are many factors that affect the value of bitcoin, apart from its high volatility rate that is one of the most prominent reasons bitcoin has been going down lately. The demand, the number of investors that practice panic selling when this kinds of things happen, are a few reasons.

Darklinkz

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I don't think so because if it's not, huge media outlets won't bother to make it their headlines anymore which is sensationalizing FUDs. Actually, bitcoin is helping these news online or on tv to get more viewers/visitors because it is very popular.

chichigirl

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I believe it wasn't. When the price is much lower, it wasn't mean that it already lost its popularity because bitcoin is unstable, the price will rise and fall at the same time.

baileym

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All crypto currencies have lost popularity, thus the price crash. They are not dead. They just became too popular too fast and everyone rushed to get them. It may have lost its luster of get rich quick but is still a viable and the best way so far to transfer money.

danggoron

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Quote from: Jackblack90909 on February 03, 2018, 06:35:34 PM

I don't think so, many people heard about Bitcoin few months ago during its last increasing highly, and great newspapers and TV channels started talking about it, and they helped indirectly to spread the word more about this crypto currency. Its popularity nowadays is bigger than the last year for sure.

I agree, if the price goes down to the decline in popularity, it is wrong. Bitcoin prices are volatile, and that's reasonable because bitcoin is strongly influenced by demand and supply. In contrast, the role of social media actually makes bitcoin increasingly popular.

rockyboy

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Of course, bitcoin will not lost it's popularity for now, it is currently started because it is now being observed in the social media. It will only lost it's value if it becomes useless.

Krispin47

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Quote from: stevemichael on January 31, 2018, 08:01:18 AM

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

It doesn't help also that only big miners can mine BTC and not average GPU/CPU users. This is not what Sathoshi wanted. Mining should be available for everyone.
But now we have hard fork called Bitcoin Cash which is 8 times faster and much cheaper, which resembles Satoshi idea more closely

LogitechMouse

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I don't see bitcoin loses its popularity day by day but the reverse of it which is increasing its popularity. Every day we always see cryptocurrency in the social medias like facebook, twitter, instagram etc. and many people are using this platforms. Many will see the ad and will try to do some research with it. Since we know that bitcoin is the most popular cryptocurrency, they will see it first and now bitcoin gained popularity again. This cycle will happen to the other people who become curious with this concept. They will become more interested when they know it can give profit to them and they will spread it to their neighbors. Now bitcoin is gaining popularity.

Bubba06255003

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Just a blip

QueenOfCrypto

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Quote from: stevemichael on January 31, 2018, 08:01:18 AM

Right now there are more coins available in the market which gives you more profit than bitcoin.

What does it mean "give you more profit?". In one day? One week? One year? Since they are born?
Bitcoin is by far still the coin which has given more profit to its early holders that ANY other coins which has come afterwards. Of course, if you chose the timeframe of your choice applied to the coins of your choice you can get very different results.

Isaacck

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Quote from: stevemichael on January 31, 2018, 08:01:18 AM

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

I think those people who uses other coins are still using bitcoin to be exchanged with their tokens. They depend on the price of bitcoin as they use their coins. And I think it is not losing its popularity, its just that it is not gaining in a rate like last year. But still all those people who are hooked up with cryptocurrency can not argue that they still look at bitcoin's price and monitors it.

Rollex

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Quote from: stevemichael on January 31, 2018, 08:01:18 AM

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

Yes you do have a point on stating that there are really existing altcoin cryptocurrency which offers higher amount to be obtained compared to Bitcoin but despite of all the odds Bitcoin was facing right now, I do believe that Bitcoin was still the most popular cryptocurrency that exist. And still altcoins that offer higher amount still rely on Bitcoin and many people are still into trading those to turn it into Bitcoin.

marjil

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Bitcoin is still the most popular crypto but the alts are gaining a bit of ground now.

Sanugarid

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I think it is not losing its popularity. Actually there are some instances that this backdrop captured the attention of ither people because its value is now lower compared to its price last year which tempts them to invest on it for havibg expectations that its price will eventually increase again and profit will be earned. also, backdrops are normal and is fue to its volatility so I think it has no big relation with its popularity in the market.

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Quote from: stevemichael on January 31, 2018, 08:01:18 AM

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

I think even though many of the new coin that attracts attention will not interfere with the popularity of bitcoin so far, because I think it will only run in some time. the new coins are present while bitcoin is decreasing, but instead of switching it can paralyze bitcoin because the decrease of bitcoin is a natural fluctuation, just for new people who are ambitious in coins, they carry on the atmosphere, while old and senior people will stick with bitcoin .

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