I think while many people may just heard about bitcoin, it is not yet very clear to general public how to invest in bitcoin, not because the process is vulnerable to hacking, but also due to very unclear information on buying, trading and storing them. However, with recent media coverage, more and more people will get into it, and we may see many real applications, then the fear around it will reduce and more and more people will get into it.
It is totally wrong. I do not agree with this because more and more people are investing in bitcoin and the value and market cap of bitcoin is increasing day by day, how is it possible that bitcoin will collapse in the next six months. It is the statements of the rivals of bitcoin and those people do not want bitcoin to be the world only acceptable and usable currency in the near future, but I think that bitcoin will be the mainstream in the future. 
Topic: Nearly a third of people think bitcoin will collapse in the next six months (Read 1456 times)
November 23, 2017, 02:38:34 AM
November 19, 2017, 07:01:24 PM
If nearly a third of people think Bitcoin will collapse in the next six months, then a third of people think they can jump to the mooon! LOL
Actually now that I said that, it wasn't even meant to be a cryptocurrency related pun... my point is just how hard would it be to jump to the moon? (impossible) hehehe
Actually now that I said that, it wasn't even meant to be a cryptocurrency related pun... my point is just how hard would it be to jump to the moon? (impossible) hehehe
November 19, 2017, 06:54:49 PM
See,we need not blindly rely on such researches.We could not even come to a conclusion with the search result just conducted in one country.We have already come across lots of such predictions earlier.Just they try their best to convey the message not to invest in bitcoins.Bitcoin has traveled much forward and it is no more in need of such researches for its existence.Bitcoin has proved its potential a hundred times and the question is whether you want to join the ride or just stay away from bitcoin with anxiety.
November 19, 2017, 05:45:54 PM
This only proofs, that BTC is not accpeted by the population and main media yet. Even though there is so much development, positive news and many banks are starting to jump on to the BTC train, 30% of the people, who are not aware of BTC yet, are thinking that BTC will fail. This is btw not too bad, as 50% are still positive about BTC.
This just means, that BTC is on the rise and let's see, what the outcome of the same questionnaire will be in one or two years from now.
This just means, that BTC is on the rise and let's see, what the outcome of the same questionnaire will be in one or two years from now.
November 19, 2017, 05:39:35 PM
This is actually good news. When general public 100% believes that bitcoin will rise, bitcoin will in reality collapse.
A real healthy bull market is one in which bullish and bearish views are nothing more than 70/30 split all the time.
A real healthy bull market is one in which bullish and bearish views are nothing more than 70/30 split all the time.
November 19, 2017, 05:34:09 PM
Ha - who cares what a 1/3 of people in any survey say, especially when they are being asked about a topic they know very little about. I think most of the world has still never even heard of bitcoin. I think most of the US still has not heard of it, and if they have, they don't know enough to be a good source of price prediction.
November 19, 2017, 04:19:40 PM
We can't blame them, I mean bitcoin is volatile, the price changes every time. What will work here is the your skill in predicting what may happen and your knowledge to think what will people do in a certain period of time. If bitcoin will collapse in the next 6 months, then I think it must had collapsed earlier.
That means that Bitcoin has not actually penetrated the bigger portion of our society yet because people are still entertaining sometimes baseless concepts on Bitcoin and they are maybe basing their opinion on what they heard and see in the mainstream media and only a few took the time to seriously study cryptocurrency. At any rate, this can be a big challenge for the whole Bitcoin community to help in the spread of correct information and details about Bitcoin. What is clear right now is that perceptions --whether right or wrong -- by the many have no bearing on the accelerating price of Bitcoin. As I am making this reply, Bitcoin officially entered the vicinity of $8,000 and if there would be no corrections at this stage it can be poised and prepared in its $8,300 - $8,500 journey.
November 19, 2017, 03:26:11 PM
What is the structure of “third of people”? I would say those are newbies in Bitcoin without experience and without knowledge about the market. If they can’t get the profit they want in the short period they want they think Bitcoin will collapse. Troubles and price dumps that appear doesn’t mean Bitcoin will vanish, they are normal part of Bitcoin cycle.
November 19, 2017, 03:15:41 PM
A strong majority of the world population believes in the existence of a God. Despite the utter and complete lack of any evidence whatsoever, people still believe. But so what? 100 years ago your doctor might have laughed at the new "germ theory" of disease. believing instead that your humors needed balancing.
I think I'll carry on believing in what I can prove.
I think I'll carry on believing in what I can prove.
November 19, 2017, 03:09:50 PM
since bitcoin was starting allways someone is pushing bad news to dump the prize and shop some bitcoins 
i think we will have a great year for bitcoin in 2018 !
if prize goes a bid down someone is buying bitcoins soon
kind regards
i think we will have a great year for bitcoin in 2018 !
if prize goes a bid down someone is buying bitcoins soon
kind regards
November 19, 2017, 03:04:21 PM
I strongly believe in Bitcoin. It's not going to collapse. If the price goes down someday, it will raise up soon. Because Bitcoin is getting implemented in more and more places.
November 17, 2017, 05:24:05 PM
There has being a lot of speculation from the people who missed the boat and there is nothing they can do expect spread fake news and scare new investors and that is the only reason i see in here,the market is going strong and there are talks about bitcoin derivatives and how can it collapse withing six months.
November 17, 2017, 04:27:50 PM
****
Bitcoin is having its moment in the limelight, but while that means more people are investing in the cryptocurrency, it also means increased scrutiny from regulators. That came after a crackdown on initial coin offerings (ICOs) by the FCA in September.
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Bitcoin is having its moment in the limelight, but while that means more people are investing in the cryptocurrency, it also means increased scrutiny from regulators. That came after a crackdown on initial coin offerings (ICOs) by the FCA in September.
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this is free market people are buyn and selling BTC . Whole space got a lot investment money . I wondew what will that bring good to crypto after all.
Where you have pump then you will have dump too BTC ike gold have its ups and donwns but till it is not big as gold it can clib easy.
November 17, 2017, 02:51:45 PM
The studies that are conducted are not concrete and mostly they are looking at peoples opinion and there is no fact to back their findings rather than saying it would collapse in a six months which is really hard to believe ,i am not sure how the things would be a couple of years from now,but i am sure it wont crash in six months time.
November 17, 2017, 02:44:54 PM
every day the bitcoin community grows, but this does not mean that the number of people who are versed in the crypto currency is growing, so why should you believe people who do not understand this.
November 17, 2017, 02:40:32 PM
The "common people" don't really have a good knowledge on finances and investment, and since bitcoin is on the road to become digital gold, those results look perfectly normal to me. I think that if the questions were, "do you invest or plan to invest in stock markets?", "or do you think investing in stock markets is safe?", the results would probably be quite similar. The "common people" will only accept bitcoin, if it ever gets useful to them as a form of payment. So if they see it in amazon, or they are offered the option to pay in bitcoin for all kind of stuff, from goods to school tuition, then they will trust in it.
November 17, 2017, 02:36:46 PM
Such interviews of people on the street are important. They show a real picture of the knowledge of ordinary people about the crypto currency and its relation to it. Of course, to their judgment that the crypto currency will collapse in the next six months should be treated skeptically. This only shows that ordinary citizens do not understand the nature of the crypto currency, because it is completely different from the currency and the money that they know. It will just take a long time before the citizens' opinions about the Crypto currency will change.
November 17, 2017, 02:23:32 PM
we can't say that hahaha no one can predict will happen on bitcoin after a few months because there a huge people want to use bitcoin
then bitcoin will be more active than before
then bitcoin will be more active than before
November 17, 2017, 02:21:35 PM
Why should it? While every metric is pointing upward, and the trust in the currency is still here, why should bitcoin implode?
November 16, 2017, 06:05:09 AM
Although public awareness of bitcoin is now at an all time high, confidence in the cryptocurrency is still low as new research has suggested nearly a third of people think it will collapse in the next six months. Bitcoin's price, which is famous for its volatility, climbed to record highs of more than $7,000 in recent weeks.
A survey by market research firm D-CYFOR, found that although 80 per cent of the general public in the UK have heard of bitcoin, 58 per cent said they would not invest in it and 30 per cent predict it will collapse and be worthless within the next six months. On the flip side, 54 per cent were optimistic about an increase in its value over the next six months, but only 15 per cent said they were thinking of investing in it while seven per cent said they already had.
Millennials were the most open to investing in bitcoin with 23 per cent considering buying into the cryptocurrency. Only four per cent of people aged 65 and above wanted to invest in bitcoin.
Bitcoin is having its moment in the limelight, but while that means more people are investing in the cryptocurrency, it also means increased scrutiny from regulators. That came after a crackdown on initial coin offerings (ICOs) by the FCA in September.
http://www.cityam.com/275703/nearly-third-people-think-bitcoin-collapse-next-six-months
A survey by market research firm D-CYFOR, found that although 80 per cent of the general public in the UK have heard of bitcoin, 58 per cent said they would not invest in it and 30 per cent predict it will collapse and be worthless within the next six months. On the flip side, 54 per cent were optimistic about an increase in its value over the next six months, but only 15 per cent said they were thinking of investing in it while seven per cent said they already had.
Millennials were the most open to investing in bitcoin with 23 per cent considering buying into the cryptocurrency. Only four per cent of people aged 65 and above wanted to invest in bitcoin.
Bitcoin is having its moment in the limelight, but while that means more people are investing in the cryptocurrency, it also means increased scrutiny from regulators. That came after a crackdown on initial coin offerings (ICOs) by the FCA in September.
http://www.cityam.com/275703/nearly-third-people-think-bitcoin-collapse-next-six-months
We can't avoid this kind of news to be released from time to time, aside from it being a fud, it is really hard to trust something that has a boost on price of 700% in less than a year. Most people are seeing this as a manipulation on prices but they will invest on bitcoin eventually and without noticing it they are being part of the crypto currency community.
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