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Topic: Is bitcoin loses its popularity ? - page 69. (Read 5684 times)

full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
February 03, 2018, 07:51:28 AM
When looking at market caps - popular cryptresources, one of the things that many people are focused on is Bitcoin's status in relation to other coins. Although this is a great way to see which coins rise into the ranks and grow in adoption and value, the fact is that bitcoin is unlikely to lose its status of dominant crypto currency - at least right now. Bitcoin has the advantage of the first switch, since it is the first and oldest crypto currency. This is where adoption began, and, perhaps, why crypto-currencies really have value!
Bitcoin will never lose popularity. From time to time, many people are getting familiar with Bitcoin because they are attracted by the rapidly growing and increasing prices of Bitcoin. People are beginning to see it as an opportunity to invest and do good business. Therefore many people start to know Bitcoin and from time to time, will be more and more. The most prominent promotion I find is in social media. Especially the amount of discussion about the crypto that exist in various facebook groups. I really like to read it because it can increase knowledge and can give profit. There are a lot of people talking about new Altcoin and potential Altcoin going on in the market.
Yes, bitcoin will never lose its popularity at this moment because there are still countries that do not know bitcoin or only few people know this. There is still a huge market for this because most of the time, an investor needs to convert his money to bitcoin before he can invest in altcoins. So in conclusion, bitcoin still represents the overall market of cryptocurrency because of this reason.
jr. member
Activity: 1523
Merit: 1
February 03, 2018, 07:49:50 AM
I don't think bitcoin would lose its popularity, as the day passes it will be even more popular. More and more people would know about bitcoin and digital currency.
newbie
Activity: 126
Merit: 0
February 03, 2018, 07:46:16 AM
I don't think bitcoin loses its popularity. It's standing in the market is good so it would stay in this industry for a long time. I have some friends who are into bitcoin and that proves that bitcoin is still popular.
hero member
Activity: 1022
Merit: 538
February 03, 2018, 07:37:29 AM
I don't think bitcoin will lose its popularity as it has so many opportunities to earn in this digital money. Well, sad to say that China has totally banning bitcoin trading and initial coin offerings in their community as most of their citizens had used it in money laundering. At Bitcoin is a mystery on how it works and no one owns even gov't can't control it.

https://www.c[Suspicious link removed]m/2018/01/03/china-to-eventually-lift-cryptocurrency-bitcoin-exchange-ban-bobby-lee-btcc.html
You are right. Although China prohibits bitcoin, there are still many investors. Bitcoin is a digital currency. As the Internet technology develops, it will be known by more people.
China must have its own reasons for taking steps that always end up going against bitcoin. When they banned mining, it was due to the increase in the consumption of electricity.

Let me just tell this, electricity is very expensive in China and it also has world largest population so it can’t afford a huge number of miners. Opposite to this, in Japan, employees are going to receive salary in the form of bitcoin.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
February 02, 2018, 06:03:31 PM
I can see that Bitcoin is clearly losing its demand which is just right because of the many uncertainties. We'll see how attempts to regulate it goes.. Turbulent times are still ahead.
It loses its demand because governments are banning it from their country. When a certain country bans cryptocurrencies the citizens of that country are selling all they got which means the supply increases and the price of bitcoin goes down. I agree that it is just another obstacle for bitcoin to face and it will recover we just need to be patient.
Have always knew how bad the influence of Government can be to control bitcoin use. The influence is now in areas with larger population of use. If bitcoin doesn't get back till the end of the year another coin might probably replace it. My understanding now is that coin will get more value with the number and efficiency of use.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
February 02, 2018, 05:50:51 PM
I don't think bitcoin will lose its popularity anytime soon. It is actually the first cryptocurrency that people recognize, Its popularity cannot be compared to other cryptos. Maybe in the future, when cryptocurrency becomes well known and accepted by the general public and other alts recognized, only then I think, will its popularity drop.
jr. member
Activity: 201
Merit: 1
February 02, 2018, 05:36:12 PM
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 ?
Bitcoin has become a phenomenon and a sweet history in the world of Cryptocurrency, so I think even today the value of bitcoin still shows a decrease, but I'm sure bitcoin will remain popular, because there are still many users who believe the value of bitcoin will back up exceeding its achievement in the year 2017 ago
 
member
Activity: 126
Merit: 10
Everything I say is in My Opinion Only!
February 02, 2018, 05:30:36 PM
Maybe Bitcoin miners fees are too high right now and people are taking a break and selling. Also, the slow transactions times are getting ridiculous, so people could be waiting out until the queues clear up. Lots of factors go into why cryptos go up and down.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
February 02, 2018, 05:28:19 PM
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 ?
Of course, there are many factors that affect the price of bitcoin, but still I think that it will not lose its leading position in the market.
full member
Activity: 350
Merit: 100
February 02, 2018, 05:17:56 PM
Bitcoin still dominating its value, though investors have a lots of choices where to invest, there are many sprouting ICO's and another potential coins to invest, These may be the factor which affect the sudden downfall of btc value.
full member
Activity: 238
Merit: 112
February 02, 2018, 05:17:01 PM
When looking at market caps - popular cryptresources, one of the things that many people are focused on is Bitcoin's status in relation to other coins. Although this is a great way to see which coins rise into the ranks and grow in adoption and value, the fact is that bitcoin is unlikely to lose its status of dominant crypto currency - at least right now. Bitcoin has the advantage of the first switch, since it is the first and oldest crypto currency. This is where adoption began, and, perhaps, why crypto-currencies really have value!
Bitcoin will never lose popularity. From time to time, many people are getting familiar with Bitcoin because they are attracted by the rapidly growing and increasing prices of Bitcoin. People are beginning to see it as an opportunity to invest and do good business. Therefore many people start to know Bitcoin and from time to time, will be more and more. The most prominent promotion I find is in social media. Especially the amount of discussion about the crypto that exist in various facebook groups. I really like to read it because it can increase knowledge and can give profit. There are a lot of people talking about new Altcoin and potential Altcoin going on in the market.
hero member
Activity: 686
Merit: 502
February 02, 2018, 05:03:51 PM
When looking at market caps - popular cryptresources, one of the things that many people are focused on is Bitcoin's status in relation to other coins. Although this is a great way to see which coins rise into the ranks and grow in adoption and value, the fact is that bitcoin is unlikely to lose its status of dominant crypto currency - at least right now.
Bitcoin has the advantage of the first switch, since it is the first and oldest crypto currency. This is where adoption began, and, perhaps, why crypto-currencies really have value!
jr. member
Activity: 98
Merit: 2
February 02, 2018, 11:12:24 AM
I dont have anything to say now. everything dump so hard. dont know why people panic sell like this? all they think is just making money from bitcoin.

People are thinking get out while they still can without handing over ID and opening them selves up to investigations, I expect to see a penny per coin or this incorrect application of KYC reversed before the price starts to climb again.
legendary
Activity: 1302
Merit: 1027
February 02, 2018, 11:03:56 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 ?

How the bitcoin price pumped same way now it is getting dumped and after it get setteled it will go back up, but other coins have not that much stable value like btc. So i think holding bitcoin for long term will give you more profit.
member
Activity: 308
Merit: 10
February 02, 2018, 11:01:31 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 ?
No, bitcoin doesnt loose its popularity. Actually it is creating a load noise to the community. It is inviting everyone to invest  in it even it is not stable. Just have more patience in waiting. Dont rush, and you wil see.. it is a sure win.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
February 02, 2018, 10:55:55 AM
I thinks now bitcoin price seems falling down ,but bitcoin popularity never loss. Bitcoin popularity already huge country. Many people like it bitcoin. Many investor or trading sector like this bitcoin.bitcoin popularity still going up. Because bitcoin is a digital crypto currency.
full member
Activity: 293
Merit: 107
February 02, 2018, 10:54:57 AM
Perhaps that is what many people think because they have seen the bitcoin fall below the present value, so others stop investing in bitcoin but they're wrong to think bitcoin is sometimes improved sometimes at a slight price , it's just natural that the weather does not always let the situation come just in time that the bitcoin is in the light more and more popular.
member
Activity: 448
Merit: 10
February 02, 2018, 10:48:38 AM
In my country bitcoin is just beginning to gain popularity, more and more news about cryptocurrency.
newbie
Activity: 23
Merit: 0
February 02, 2018, 10:48:02 AM
Price may seems falling down but bitcoin popularity never falls down because it is trending in the economy and we could see huge people investing every day and many popular stars of film industry choosing bitcoin as their better choice to invest so it always adds value for its popularity.
sr. member
Activity: 1274
Merit: 278
February 02, 2018, 10:43:30 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 it is not losing its popularity also I also think that the backdrops that it is now experiencing has nothing to do with its popularity since Bitcoin is not the only cryoto which is experiencing it but also most of the cryptos. This scenario already happened before, lot of times. Just continue hokding and if possible,  take this opportunity to invest in Bitcoin to earn huge profit when its value starts to climb its way up.
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