Topic: Simple Bitcoin Question - page 2. (Read 1432 times)

I think those questions are mainly ask out of frustration or by beginners though the price depreciation of cryptoxurrency I think it cause by low demand and people lossing hope on bitcoin but for sure bitcoin cannot be dead because is here to stay as long as technology keep improving bitcoin will succeed .

"Well" i agree with you losing of people support of bitcoin or cryptocurrency is the cause of cryptocurrency die, but i still believe there's a lot of people understand well about bitcoin as currency and what is the future of bitcoin in this new era of  technology.

Those who think bitcoin is a dead project are those that do not understand bitcoins and have never used it before. These same naysayers are those that think Bitcoin is a bubble and will burst soon. The demand of bitcoin will continue to increase as long as cryptocurrency is concern.

I am sure that this is a good opportunity to look for bitcoins and invest and hopefully next year come and fix all the bitcoin weaknesses and prices too.

Bitcoin will definitely experience increases and decreases in prices, and these conditions are highly dependent on supply and demand, we know that some coins begin to look active and seem to rival bitcoin, even trying to defeat bitcoin. But we also know that the crypto market is always moving in price following the price movements of bitcoin, thus finally we can conclude that bitcoin is the best crypto currently available, and I believe that nothing will beat bitcoin.

Surely you have already seen that bitcoin is not a dead project. At the moment, his course has stabilized and is not reduced. This suggests that investors believe in bitcoin. I am sure that regulators will soon believe in bitcoin. They just need more time to make the right decision.

This is really unpredictable. But bitcoin still works and grows not as you say on the street Bitcoin is a dead project. But I think bitcoin has all the criteria needed for strong growth like late last year. Hopefully by the end of the year it will come back, help the market recover and help investors make a profit.

I think your words are true, indeed almost half of the market conditions depend on bitcoin. because to date the decline in bitcoin has also been followed by a decline in the market such as coin-coin declining. so I believe that the development of bitcoin is very influential.

Even there are more improve technologies or token still they can replace bitcoin because once bitcoin die some cryptocurrency will also die. Every days,months and year bitcoin was also improve so basically its hard to predict if bitcoin will going to die. Bitcoin will be still on the top and no one can replace it.

I think some altcoins will go with the Bitcoin if ever the coin will be going dead. But i hope that would not happen though. There is a lot of factors that needs to be consider if altcoins will continue of the project and their token since many traders and investors will take some news on what will the bitcoin will do to the project.

And who actually decleared the dead of bitcoin and which word can even describe that bitcoin is death. The fact that prices are low does not mean the death of bitcoin and we all aware of how bitcoin directly and indirectly affect the crypto market and for sure we hope things get better and never think bitcoin is dead and will definitely go down with all coins. As things were good in 2017 so as things are not going welll but not necessary to say btc is dead.

This is very obvious that now the whole market is following the bitcoin graph as now there are millions of people around the world who are investing into bitcoin so now bitcoin is a very huge investment but on the same hand this is also very true that bitcoin is not a dead project and moreover the death of bitcoin is not possible as bitcoin is very sustainable crypto currency but this thing is also very true that few new adoptions are required for the bitcoin to grow further and this is only possible when bitcoin will get legalised all over the world.

I'm not an economist, but if you give this idea to leading economists, they will see this, well, it will be a shock for them. This is why Russia, on a global scale, where the rules of the game are determined by others, is not allowed to grow.

I think bitcoin has a huge influence on other altcoins because markets sometimes are only bitcoin prices anywhere I think there must be altcoin market exchange anywhere and can be transferred to any bank ?? I think everything will change doesn't have to follow the value of bitcoin

Of course bitcoin can lose demand. However, the holders of this coin must have a good reason to refuse it. Currently, the technical component of bitcoin lags behind the technical part of altcoins. But this did not make it less popular. Bitcoin confidently holds its position no matter what. I think that this will continue.

I think lots of bitcoin enthusiast are thinking of possible bitcoin price hike. But the question is that, is there any possibilities that bitcoin price will recover again and demand will soon be increased? I think we need to explore everything how we can help bitcoin industry to grow bigger and to exist forever with profitable investment.

Today, bitcoin is a means of accumulating capital for many, from ordinary people to very rich people. It is convenient to own Bitcoin, since it is virtual money and its real owner cannot be traced. The rate at which BTC enters the market is very limited, as is the amount of currency. That is, bitcoin is a limited product.
Advantages of Bitcoin:
    1. Lack of inflation. Bitcoin-system is formed in such a way that the number of coins (1-BTC) grows with a certain speed, which coincides with the speed of gold mining in the world. Since nothing can change these conditions, there is simply no room for inflation. That is, Bitcoin is even safer than gold.
    2. Deficit currency in the future. Since the maximum number of BTC is strictly limited to 21 million, it is easy to guess that the day will come when the cryptocurrency will become much more scarce than today. And this means one thing - a tremendous increase in the price to incredible amounts. Acquired today Bitcoins - one of the most profitable investment decisions.
   3. Absolute anonymity and full transparency. Bitcoin combines the incompatible: operations with cryptocurrency are completely transparent, but at the same time can be completely anonymous. That is, if the sender or the recipient wishes, no one will be able to determine who sent the BTC to whom, but information about the transaction will be available.

I do not see bitcoin will going to end. Satoshi Nakamoto has worked hard for this system and he has a great vision for it in the use of this system for the benefit of the bitcoin users. Aside from that not only Satoshi Nakamoto created a good system instead he also created a lot of business opportunity from cryptocurrency. Many do love cryptocurrency now and of course many will not going to allow that bitcoin will going to end.

Do that believe Bitcoin demand determined supply for follow this people (traders,holders and investment).so don't crazy about it because the down situation will end soon and up come back

The simple answer is that until now bitcoin still has the trust of many people and bitcoin will always be the best of all coins. No one can replace bitcoin until this moment. I still agree with you, if you conclude that bitcoin is followed by altcoin. And what we need to believe is that bitcoin isn't the time to die, and it's still fresh. Let time and atmosphere answer all of these situations.