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Topic: Market confidence in bitcoin. - page 15. (Read 2011 times)

member
Activity: 252
Merit: 10
July 09, 2018, 12:04:20 PM
Bitcoin is the first of all, father of coins. It started from nothing and it did catch nearly $20.000 and now found hic way. The price is stabilised between $6000-$7000 and all the market agreed with the price. And this situation makes public trust. The time has come and the BTC will replace with the paper money soon..
sr. member
Activity: 1078
Merit: 256
July 09, 2018, 12:01:03 PM
Yes, indeed, now the cryptocurrency market is a trend of a prolonged decline. And many blame it on bitcoin. I wouldn't be surprised if they choose another alternative coin soon that can replace it.
The price is not going down because some inherent aspect of bitcoin, the price went down thanks to the speculators that at first were buying bitcoin for a very expensive price and then they realized they made a mistake and began selling, there is nothing wrong with bitcoin and those losing confidence in it are the ones that never had too much confidence to begin with, and you are incorrect, no coin is going to replace bitcoin in the short or middle term.
Good approached. it's those who never have a time to understand the principle of bitcoin and trading business who loses their confidence not the project itself, bitcoin was cheaper before and because of its popularity it gains to much attentions and more investors and followers, bad thing is those who come and joined without proper knowledge are those who became victims by experienced traders who already knew how the market works.
jr. member
Activity: 322
Merit: 2
July 09, 2018, 11:59:08 AM
At present, Bitcoin leads the way for every other cryptocurrency. If the price of Bitcoin continues to decline or the confidence drops, it may not necessarily make investors to want to switch to other currencies. In fact, most people may choose not to invest at all pending when Bitcoin confidence bounces back. For other cryptos to have a real chance of investment in their direction, then Bitcoin market should be healthy.
full member
Activity: 332
Merit: 100
July 09, 2018, 11:52:30 AM
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 decline is currently still running and there is no way to go so quickly. bitcoin decreases it because many friends prefer coin other than bitcoin. because they see that bitcoin always decreases and does not rise again
full member
Activity: 463
Merit: 100
July 09, 2018, 11:42:30 AM
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?



not as you say, the recovery of the market will take a long time. and for investors and experience traders must have known this. the market does not experience saturation but rather the effects of past correction. I think maybe in the next year we can see the real growth
sr. member
Activity: 994
Merit: 257
July 09, 2018, 11:33:00 AM
Yes, indeed, now the cryptocurrency market is a trend of a prolonged decline. And many blame it on bitcoin. I wouldn't be surprised if they choose another alternative coin soon that can replace it.
The price is not going down because some inherent aspect of bitcoin, the price went down thanks to the speculators that at first were buying bitcoin for a very expensive price and then they realized they made a mistake and began selling, there is nothing wrong with bitcoin and those losing confidence in it are the ones that never had too much confidence to begin with, and you are incorrect, no coin is going to replace bitcoin in the short or middle term.
member
Activity: 280
Merit: 28
July 07, 2018, 07:52:26 AM
I think that the crypto-currency market will become more stable when bitcoin will be sold for goods. Bitcoin has properties characteristic of securities, but does not fully fit into this category - it does not generate interest, dividends or capital gains. Therefore, the market can not be completely confident in it.
newbie
Activity: 67
Merit: 0
July 07, 2018, 07:28:44 AM
I personally believe that it is too early to panic. We all know that high volatility is one of the main characteristics of this market. A lot of experts strongly believe that we will see a significant increase in BTC price by the end of the year. I also hope that it will happen.
member
Activity: 238
Merit: 10
July 07, 2018, 06:20:51 AM
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?

I think that this is true because so many people have lost their confidence in Bitcoin and cryptocurrencies in general, many guys even have quitted from here, selling everything they had.
full member
Activity: 1386
Merit: 101
ComboLabs
July 07, 2018, 05:32:00 AM
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?



no, i guess that's just your assumption. if it happens as you say, chances are there are plenty of alternative altcoins that will grow and rise. but the fact is that all crypto synchronously follows as the bitcoin decreases. I think this has happened in the past few years on a scale of decline.
full member
Activity: 350
Merit: 100
July 07, 2018, 05:30:45 AM
since the year started all of the crypto currency price at the market decrease deeply. but i think altcoins and incoming ICO's can't beat bitcoin. because the market price always depends on bitcoin price if it will increase/decrease.
full member
Activity: 490
Merit: 101
July 07, 2018, 05:05:40 AM
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?


As much there might be the choice of switching to other altcoins for the purpose of profit and activities, the bitcoin is still a major determinant of most altcoin price movement. As bitcoin increases, so will the altcoin values too increase. The proportion of increase can then vary with respect to the coin you are hodling. For now, I do see all having same static movements. Only instant traders do take profits at the slight dips and increase too.
newbie
Activity: 126
Merit: 0
July 07, 2018, 04:50:18 AM
I always believe in BTC, this is the market that can give us the highest profit, and now they are seriously depressed but probably will grow back in the future.
member
Activity: 868
Merit: 63
July 07, 2018, 04:44:51 AM
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?


As far as I have observed all other coin or the so called alternative also decreases the value. Bitcoin is the king, so if the reigning king is down the others will also will. Strategically speaking holding and buyingore bitcoin as of today is a great idea to do, because of its low value, and afterwards the price will rise because of the continuous approval and acceptance gained from banks and government of different countries.
newbie
Activity: 109
Merit: 0
July 07, 2018, 04:18:50 AM
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.
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.


Bitcoin as of now is leading in the market and top in all coin as a matter of fact bitcoin in market is most trusted than other coin in terms of investment.I think the market based on how bitcoin run in the marker that's why they confidence in bitcoin..
newbie
Activity: 266
Merit: 0
July 07, 2018, 03:32:15 AM
At present Bitcoin's market has decreased a lot. The market has begun to dump since 2018. But bitcoin users are still expecting the market price of bitcoin will increase as of last 2017.In this confidence, Bitcoin's market transactions are underway. I too personally hope that bitcoin will return to its previous market.
member
Activity: 392
Merit: 10
http://o-tu.ru/
July 07, 2018, 03:11:53 AM
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

The market is based on the fact that one person can not stand the nerves and he sells everything in the falling market. And the one who is more enduring and tolerant, he will be the winner. This is a complex market where the strong survive.
newbie
Activity: 234
Merit: 0
July 07, 2018, 03:03:42 AM
as I see now that since bitcoin has decreased dramatically, the less bitcoin users have now and I also feel it, but for now I'm still trying to survive and expect bitcoin to rise again... Embarrassed
full member
Activity: 392
Merit: 100
July 07, 2018, 02:56:09 AM
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?

Bitcoins to be direct are expected for brave people with an enormous wallet a couple of amateurs who think bitcoin is straightforward theory for money sans work in short time are perdition not right with the thought, bitcoin mining is an expensive method and requirements clear responsibility towards the work notwithstanding if done truly with constancy and commitment and with proper learning of the market then a man can obtain huge also.
full member
Activity: 420
Merit: 101
July 07, 2018, 02:52:18 AM
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?


Bitcoins to be straightforward are intended for daring individuals with a tremendous wallet a few novices who think bitcoin is simple speculation for income sans work in brief time are damnation amiss with the idea, bitcoin mining is a costly procedure and needs obvious commitment towards the work regardless if done legitimately with persistence and devotion and with appropriate learning of the market then a man can acquire gigantic as well.
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