Market confidence in bitcoin. - page 20.

Boldcom

newbie

Activity: 149

Merit: 0

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

Bitcoin is notorious for its volatility, but Tuesday saw a noticeable reversal of the downward trend which has led the value of bitcoin to sink by over 60% from highs of just under 20,000 in December; since Wednesday morning GMT, Bitcoin’s value has been consistently over the $8,000 mark. Although it may still be too early to tell if this reflects a long-term steadying in value or merely a momentary period of calm.

Seeker#9

full member

Activity: 658

Merit: 102

Prolonged decline in the price of the bitcoin may really lead in a loss of confidence in the cryptocurrency market but I believe that this setback is only temporary. A lot of investors are still holding their coins and they believe that the prices of cryptocurrencies will going to recover again at their own time just like in the past. I've been holding my own coins until now because I still believe in the bitcoin's ability to recover from dips.

Md.salauddin

newbie

Activity: 210

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This could be possible. But I believe, Bitcoin has a huge community of supporters. No matter what, they will stick to Bitcoin till th end of the day.

hatha way

newbie

Activity: 133

Merit: 0

I believe that the Bitcoin market and encryption will not stop. It will explode later this year. We must have strong knowledge and confidence about it

kastara

full member

Activity: 560

Merit: 100

I think in investing no word bored and bitcoin in my opinion is one form of long-term investment, the same in the past when we retreat some time last year what about bitcoin but once in the year 2017 in the middle of the year bitcoin prices become all favorite and for returning to the original requires a process of return.

MedicineVNT

newbie

Activity: 98

Merit: 0

If you are a bitcoin marketer and have a lot of investment in them then you must be confident as well as you can make many decisions that affect your own economic confidence is very good.

Dudeperfect

hero member

Activity: 1190

Merit: 534

If you look back and have a look at the discussion after every correction phase you will find the similar mentality but Bitcoin has proved them wrong again and again. Bitcoin has emerged with the stronger momentum and we have experienced all-time high levels after almost every correction phase. Bitcoin is still in the early phase of development and hence I don't think that it is a right time to judge confidence or any other aspect of it at this stage.

waroenkshisha

sr. member

Activity: 569

Merit: 250

https://stake.com/

Actually as you can see the latest news that there is an issue in tue Korean exchange market. As you know that BTc already used as currencyfor transaction, but some hackers stolled the crypto currency from some customer wallet. The impat is a lot of customer impeach the crypto currency security. They seems lost faith of the cryptocurrency. We hope that some wallet will develop more secure wallet, therefore the investor will trust BTC again.

Dr.Nina

newbie

Activity: 364

Merit: 0

Many people in this platform invest to generate profit. The invest time to time at different price. Some time they invest to make profit and some time they invest to average their investment and reduce their loss. But still the investors are in fear of further fall of price. But I think time have come to use the bitcoin as a currency. Recent issues are very much positive for the bitcoin. It has been accepted by many country, company, e-commerce site and many online shop. So, we the user of bitcoin should try to bring the market confidence at this level where everybody encourage to use bitcoin as a currency, Where the price of bitcoin will be stable.

Flor1982

full member

Activity: 714

Merit: 100

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

Not only Bitcoin currency is in difficult right now but the whole market in which Altcoins are included so therefore investors will not shift from Bitcoin to Altcoins but most of them shift to non crypto currencies investments in thats make the Bitcoin price continue to fall. If the crypto market will never shows a sign of progress then i believed that many more will leave this investment and this price drop will continue.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

we only return to earth after we go to the moon, so we may be back again to the moon after halving happens later 2020, at least 1 year after halving that's all I can say, the price will remain stable below $ 10k currently take the opportunity to buy it cheap before we go back again to visit the moon Grin

#dhabitamartha

member

Activity: 673

Merit: 10

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

yes like this between the profit and loss of ordinary things we do not know the bitcoin weakened but we also confused to sell or survive is like a belief that we think alone but sometimes this makes people can make investment and waiting for it is a natural thing.

RocketPot

newbie

Activity: 8

Merit: 1

Quote from: btc_angela on June 24, 2018, 05:34:04 PM

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

What exactly happened? We have attracted the governments all over the world and decided to gang up on crypto that's why the price goes on a free fall since the beginning of the year. And then there is the hacked on crypto exchanges and scams and fake news and FUD that dampens the spirit of even the hard core investors. Could the market get bored? Of course, however, it will not last long though, it might take years, but once the confidence is back, I'm sure that we will bounce back and you will be glad that you stick on the market and didn't give up.

Yes we might have some years of losing interest. Just check google trends and you see the interest is just going down. And it will continue for a while. It's just part of how this seem to work

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

What exactly happened? We have attracted the governments all over the world and decided to gang up on crypto that's why the price goes on a free fall since the beginning of the year. And then there is the hacked on crypto exchanges and scams and fake news and FUD that dampens the spirit of even the hard core investors. Could the market get bored? Of course, however, it will not last long though, it might take years, but once the confidence is back, I'm sure that we will bounce back and you will be glad that you stick on the market and didn't give up.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: Aryadwipanggah on June 23, 2018, 10:32:40 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?

No, this is a normal crash like many we have seen before, there is not big transition happening from one coin to the other, people still trust bitcoin but what it happens is that many new investors entered the market not understanding what they were doing and this pushed the price up, then smart investors began to cash out and this created a run against bitcoin and big panic as well and that made the price to go down, but it is only temporary, the price will recover.

ambisyon

jr. member

Activity: 322

Merit: 1

I think the confidence of the btc investors with regards to the current huge dip, maybe some had been confused but for others, they still continue to hold their btc's since this will definitely make a comeback in the coming months. This current dips right now is an opportunity to buy cheaper coins and just hold while you wait for the recovery.

Markettoken

newbie

Activity: 84

Merit: 0

in my opinion, the market confidence in bitcoin is slightly down but I am sure to investors that if you want to make big profits then be patient and keep it up and sell when the price has gone up then

ClaytonLWils

jr. member

Activity: 123

Merit: 1

I think there is storm going over the total market. Yes, bitcoin price is falling but I can not find a single coin that is just moving up. It is going on for so many negative news at the moment. So I prefer to hold the patience and take some learning from the market. I believe market will turn to up and will not disappoint us finally.

Crypto.mgt

newbie

Activity: 196

Merit: 0

Agreed with your statement. But you know that there are so many things happened against bitcoin. Moreover, most popular altcoins depend on the price of bitcoin somehow. So I believe that it will not be so fact indeed. But I believe that btc will back soon.

qualitywork

member

Activity: 280

Merit: 12

Quote from: Shimmiry on June 24, 2018, 02:34:04 AM

Quote from: galambo on June 23, 2018, 11:33:47 PM

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.

In addition bitcoin is just on its early age where as it is very risky but as we all know everything go through stages and bitcoin is on its recovery stage and just waiting for the peak stage where bitcoin control crypto currency. Bitcoin is liks a gold of digital currency and therefore time will come that the bitcoin will continue to reign and stays at rank 1. All we need to do is wait for the perfect time and have patience.

I hope things get better for bitcoin as the value plays a major role with the value of other altcoins as well.

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