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Topic: Stop being pessimistic. The potential of bitcoin is still immense! (Read 570 times)

member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

Yes you are right the market is really big for cryptocurrency especially bitcoin. But loses at present and the current condition of the market is something which the investors really do care about. It is business for these investors and to worry about losing is something big in their minds. It is really understandable and pessimism is just a result of it. No matter how you encourage them yet the market is still the same it doesn't change a thing. So maybe we just let them be and those investors may come back when everything will be better though not for now. I am sure of it.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
In general I am optimistic about the long-term future of Bitcoin but as I am going through my own personal challenges during this bear market, I am in the short term not really too excited about anything crypto right now as I am at the lowest point of my crypto career, with hardly any income or savings to speak of because it was all wiped out over the last 11 months. I hope the situation really improves and things get much better for us because I don't see much action to the upside happening in the price of Bitcoin or other altcoins for that matter. I think we have another bloodbath coming for the price soon.
sr. member
Activity: 756
Merit: 250
That's right, because according to Twitter CEO Jack Dorsey, bitcoin will replace the dollar in the future, it's just that we must remain cautious in investing in bitcoin, because prices are difficult to predict and vulnerable to hackers.
member
Activity: 451
Merit: 15
Investor
I think all the pessimists-it's just beginners who bought unsuccessfully last winter and now lose money. They do not understand that the price drop is temporary and bitcoin is still great.

It is true. Those people really do not understand how everything works. They just see the present without even realizing the past amd analyzing the future. They are the people who lacks critical thinking and do not see the portfolios adn do mot analyze the market well.
newbie
Activity: 75
Merit: 0
Bitcoin can still grow because bitcoin is a potential coin, but not everyone sees the potential of bitcoin, some of them see the fall of bitcoin, and they will be pessimistic about bitcoin.
Bitcoin users must be optimistic that price movements will return to normal, ie there are buying and selling transactions in the bitcoin market that will create prices. Bitcoin can still grow because there are more users, and companies that accept bitcoin are also increasing.
full member
Activity: 602
Merit: 100
I think the price of bitcoin is down because it is controlled by large investors so they can set prices in the market, plus the panicked sellers that make prices bitcoin go down.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy.

truth. other markets have many years of existence and cryptos were created a short time and the achievements that have already achieved we can say that this is already a reason to celebrate.


For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

People saw what happened last year, the price was under $2000 and reached $18,000. see this increase, see the profits that anyone who bought in  $2000 and sold in the $18,000 and people buy bicoin and altcoins with the high expectation that they can have returns of more than 2X or 3X and when those expectations are broken, they are disappointed.

so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

The problem is that no one knows what day and year this will happen
full member
Activity: 448
Merit: 100
Cryptocurrency has a bright future and the market is going to be very huge. The current price crash will go.  Unfortunately so many people don't see it like this. All they are interested in is to invest now and get rich the following minute. This is not possible. People should learn to be patient.
Lyd
full member
Activity: 420
Merit: 101
Unfortunately I have a lot of friends who disagree with the potential of bitcoin. I see bitcoin as being something huge and I believe in it. I wish my friends could see this.
full member
Activity: 546
Merit: 100
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

Yeah i think it's just the beginning of crypto.
At the end, crypto will be the only one currency in this world for any payment.
full member
Activity: 462
Merit: 104
As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.


People are in a pessimism not because bitcoin is falling, but because they have invested their own money from him and are now losing them. In addition, the low scalability of the bitcoin blockchain, gives us all the opportunity to assume that bitcoin will leave the market. And its place will be taken by another cryptocurrency.
hero member
Activity: 2632
Merit: 833
As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.


They can still belong here, they have their opinion but it is a opinion that everyone doesn't support. We always hear potentials, but most people don't understand it so they remain pessimistic. However, it doesn't mean that they can't change their views on bitcoin.

So its good that they're not leaving this community so that sooner or later they will discover how bitcoin can really affect them in a personal level so that they can make U-turn and give it a try.
hero member
Activity: 1302
Merit: 503
Those who panic and do not want to wait patiently because they are pessimistic about rising bitcoin prices will surely regret, because after all the price of bitcoin will definitely rise again. We can see how bitcoin grows and how bitcoin remains the best crypto that still controls the cryptocurrency market. That shows that bitcoin is still very strong and the price will definitely slowly rise.
- You are still talking too soon about the future, they will regret or we will regret, the answer is still not clearly defined, although we should not be pessimistic, we should not be too optimistic about the future of bitcoin. Because as you say, why is bitcoin so potent, it's the best crypto and control over the market but until now, it still does not show that power, that is a great contradiction here, so instead of trying to be positive or negative, we should have a neutral state, great hope or despair only brings about wrong actions, waiting and calm is still better
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Still bitcoin is developing and it has lot to do achieve in the upcoming years so haters keep spreading the hates about bitcoin nut if the bitcoin has that potential then it won't be a barrier for its development and we can see that since it was created  and almost going to complete a decade now.
member
Activity: 322
Merit: 10
As you have discussed people with being pessimistic about bitcoin , I can say that they do not belong in here in bitcoin and the entire cryptocurrency world, so If you can not take bitcoin that have future potential as currency and investment then they will better quit, if it really they does not believe in bitcoin potential.
jr. member
Activity: 84
Merit: 1
The potential of bitcoin and the blockchain industry as a whole is really huge. Thanks to these technologies we will be able to improve and simplify our lives.
member
Activity: 336
Merit: 10
It is only those who have not read much about bitcoin will show signs of fear of investing into it and also call it names that do not exist. The success of bitcion investment will really be felt when all the coins are mined that is when all 21,000,00 BTC are mined. Currently i think we are around 16.9M BTC so green days are surely coming all you need is patience.
jr. member
Activity: 616
Merit: 1
This is true and it's sad to see many people being shortsighted when it comes to the immense potential of bitcoin. In years to come people will regret more than they do today, if they had known they would jumped on ship earlier.
member
Activity: 616
Merit: 10
I am optimistic that crypto will be able to pass through this decline, crypto can indeed fall but crypto will be able to grow and have a high price.
Agree with you, the potential of the crisis in the foreign exchange market is still not disclosed at present. All the most interesting is in future.
member
Activity: 602
Merit: 10
I am optimistic that crypto will be able to pass through this decline, crypto can indeed fall but crypto will be able to grow and have a high price.
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