Topic: Market confidence in bitcoin. - page 14. (Read 2013 times)
To be honest still many people are not confident about the crypto currency even after the this much growth attained in very short term.This is because still people don't know what is bitcoin but still investing and making money with that.If they need to make the real profits then they need to be very confident with the bitcoin's future.Myself holding the bitcoin in very long term so this can make be patient while the prices dumping and jumping.
I would partly agree with the statement made by the author but the current fall in the market has affected not only the Bitcoin but also almost all the other coins. The fall in the Bitcoin price has been highlighted by most of the people due to the fact that it is the prominent coin out of all and was sold at a remarkably higher price few months back. I too believe this as a temporary down fall in the crypto-market and hope it will recover at least by 80% in coming months.
Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
Maybe this is only temporary, because if there are other alternative coins that will replace bitcoin maybe bitcoin prices will drop quickly. Perhaps this decline is only temporary as it happened before.
You just need to be very patient and has a strong belief in Bitcoin, its technology and its future. Once this dry season ends, the rise of the Bitcoin value will be epic, and it is going to happen soon.
when the price vary a lot day by day, there a bunch of investor try to buy bitcoins as many as they want. I hope the confidence doesn't depend on the price, it is in the thinking of one.
Predominantly in showcase a large portion of the coins are contaminated for cost in light of this the cost of btc is diminishing definitely in view of this we know the request and supply in the market the bits is required its not finished in advertise that is the reason this things are going on likewise this is extremely disappointing for clients moreover.
Because thither are so assorted ICO designs outside there, human beings are oversubscribing bitcoin in hunting of higher profits. But this is not a realistic thing to do.
Every year bitcoin always decrease and it's price will surely come back up. The confidence in the bitcoin market is build on the understanding on how the market works knowing how volatile the bitcoin market is and it ability to recover real soon. I don't think there is anything like boring stuff here! After all its money from everything and when it comes to that then people are never bored about it. Believe me money is the first thing that excites people here to stay longer. The hope never lost, it keeps growing when such incidences happens. Because crypto people think that yes this is the time where we should be entering the market and thus they stay, and put even more money into it. Thats how it works these days.
I don't think investors switched to other coin as an alternative. As a matter of fact, all altcoins now are bleeding. Bitcoin is still the king of all coins. Market has their ups and downs. Bitcoin price now may be lower since the start of the year, but it will recover soon. I am still confident with BTC.
Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
Rising bitcoin prices is takes time, if you are investor you must know this for sure.
In order to get money from here, you just need to be patient.
I don't think people who investing not only in bitcoin having trust issue against bitcoin, obviously many investor doing investment not only in one place.
Although BTC continues to fall, many people are still optimistic about BTC!
BTC has been recognized by many people in the world, gradually replacing cash with cryptocurrency and evolving into cashless, allowing cryptocurrency to gradually participate in every physical industry!
BTC has been recognized by many people in the world, gradually replacing cash with cryptocurrency and evolving into cashless, allowing cryptocurrency to gradually participate in every physical industry!
I think people are waiting on the sidelines to see what happens, with regulations and so on. The only ones who dumped their coins is the ones who's in it for moon and lambo's.
The popularity of BTC and cryptocurrency will continue, and one of the reasons why cryptocurrency is becoming more and more popular is blockchain technology, which is the main technology behind all cryptocurrencies!
Investing in bitcoin depends on whether you believe in the technology and future of Bitcoin!
Investing in bitcoin depends on whether you believe in the technology and future of Bitcoin!
The history of the market has many times as much discount as today. So this is normal and I believe the market will rebound this year.
People easily forget once the bull market resumes. I think the last run up while euphoric was just too much, so a major pullback was needed for projects to have more realistic values. Sooner or later interest will go back into bitcoin, especially as the network gets upgraded.
Bitcoin cannot be replaced by any other crypto for sure as not only bitcoin but all the crypto market have experinces=d a drop in value from the start of the year. From this, we can say that pump and dump in the price of bitcoin also affect other cryptos. And crypto is very flexible and it has a pump and dump situations every year from the start and I think one should HOLD all his Bitcoin for now and just wait for a high pump in the price and I am sure that bitcoin will reach an all-time high this time too.
Bitcoin can definitely not replaced by any other coin not only because of its high rate and being most volatile among other cryptos but due to the fact that it was the first of its kind and a bit of emotional attachment to the particular crypto, well to be honest holding will be the right option for anyone who can wait around a year to book their profit and for short term peoples you guys can sell off and invest somewhere else, cause bitcoin wont rise again any sooner. Or will it...??
I understand that we are seeing a dry season now, for several weeks already. But if you will study and research the history of Bitcoin activity for the last several years, you will see this happen again and again. You just need to be very patient and has a strong belief in Bitcoin, its technology and its future. Once this dry season ends, the rise of the Bitcoin value will be epic, and it is going to happen soon.
I think if the network still need Bitcoin administrations, the market will even now certainty whatever and anyway bitcoin costs. For the time being on, appears bitcoin is in downtrend and maybe the store is moved to alt coins. In any case, if there is new financial specialist who contribute on bitcoin, it is conceivable the cost will be upward.
You know what do critics says, bitcoin is so volatile, it change its price dramatically. But as you can see bitcoin price nowadays doesn't change a lot not even swing from 20% in a single day or week. Thus, where are those critics that says the price is volatile that they don't wish to invest in it. But as the price stables, there are fewer investors coming in. I cant see the point in there, when the price is almost stagnant, there were few investors. But when the price vary a lot day by day, there a bunch of investor try to buy bitcoins as many as they want. I hope the confidence doesn't depend on the price, it is in the thinking of one.
I read, 80% of the coins being dumped now are from long term holders, they want OUT!
There are more sellers but who will buy or mine Bitcoin at such high prices
I think what you heard might be wrong. If it was so then there would have been a massive dump and the price would have gone way more down that it has gone now. This might be just another temporary correction and we should probably wait another week or two to see whether the market gets stable or not.There are more sellers but who will buy or mine Bitcoin at such high prices
If you see the history of BTC you can see that the same pattern repeats again and again. Once the wave has completed another wave starts and the prices starts shooting up. Just wait for the right time.
Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
The bitcoin if not very stable but still was atleast at a stagnant and semi stable state in till april 2017 with mean being around 2000$ but then stuck the wannacry ransom ware and the ransoms were needed to be paid with bitcoins , the demand of bitcoin buying increased massively and the demand to supply ratio was effected and hence bitcoin’s rates touched a new high , also it attracted new investors and buying continued due to which bitcoin even saw a mark of 20k$ but as of now the situations are being stable and the rate can stay around 6000$ for the time being until anything else happens due to which the demand to supply ratio changes again. Well its my opinion.
The current value is the real market so it's different when you compare bitcoin value with last Nov 2017.
That moment when bitcoin ethusiast reach their highest peak but for now, I can see bitcoin still consistent on $ 6000++ , it's still high value so I still believe on it !
That moment when bitcoin ethusiast reach their highest peak but for now, I can see bitcoin still consistent on $ 6000++ , it's still high value so I still believe on it !
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