Will Bitcoin Restore it's Place in the Market?

Herbert2020

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Quote from: ShineftChaos on July 26, 2018, 04:19:59 AM

Bitcoins will be always at the top since it was the first cryptocurrency that has been created for people to use and all the altcoins are just created in order for people to have variety of coins to invest.

being first is not the reason why bitcoin is still on top. in history there has been a lot of new things like bitcoin that started as the first but soon they were put aside and were replaced by better things.

the reason why bitcoin is on top and will remain there is because it is working much better than any alternative. it is because bitcoin is the most decentralized and most secure currency that you can hope for. it is because bitcoin is actually used as a currency in many places. and a lot more reasons like these.

as for altcoins they didn't start like this. in fact in early years we only had a handful of them and each of them had a very interesting idea which they were exploring. they were really alternative cryptocurrencies. but nowadays there are 1700+ altcoins in existence and more than 90% of them are useless shitcoins specially the coins with the biggest market caps.

giarised

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The price of bitcoin is growing and people are gaining trust on it again. I hope it again has a good future further.

Do not say that we have no trust on the Bitcoin when its value is down but we are always positive and trusting the Bitcoin as it has proven its all properties to all of us. Now the declined market has one great benefit for us to get Bitcoins in large quantity and it charges us less so what else we want. Now the strategy ahead is to hold our coins for we are looking to get huge profits.

ayiaye

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it's hard to be able to predict exactly what's going to happen with bitcoin prices in the next few years, it looks like bitcoin will rise back even much higher in the future. because so many people say that bitcoin will be the future, this proves that bitcoin has been trusted by many people. but it seems that for bitcoin prices can be higher than now does not take a short time, of course with a long time and slowly to get even higher.

el kaka22

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Quote from: ShineftChaos on July 26, 2018, 04:19:59 AM

Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

Bitcoins will be always at the top since it was the first cryptocurrency that has been created for people to use and all the altcoins are just created in order for people to have variety of coins to invest.

But, it is way beyond the place right now. It has insane bitcoin dominance in the market right now and it needs to be really lower than this. I hope the correction comes to lower altcoins so that bitcoin doesn't drop. Eventually the bitcoin dominance will drop but we rather get btc staying up but alts reaching that instead of bitcoin dropping to reach the alts. It kinda really depends on how long bitcoin will stay up, if it stays up a bit more than alts will eventually reach.

In near future, there could be plenty of chances for success for many new altcoins like eth and ltc. It means the dominance by bitcoin in crypto world may get diluted more. I am afraid that may fall below 10% also in coming years as we are coming only one coin with other 1000s of coins. Maybe these calculations of comparisons are right still the dominance and the top positions are no more having any meaning, imho.

ShineftChaos

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Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

Bitcoins will be always at the top since it was the first cryptocurrency that has been created for people to use and all the altcoins are just created in order for people to have variety of coins to invest.

MMA

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Quote from: gamalzour on July 18, 2018, 02:45:59 AM

Quote from: befriendmywater on July 07, 2018, 11:47:18 PM

Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

Bitcoin will definitely increase again but it can not grow as strong as the end of 2017. That is not possible when the Crypto market capitalization is now too low and the world economy is in recession. So the whales have suffered a loss at this sensitive time, so the recovery of Bitcoin will also occur slowly.

Definitely it will go on and will reach towards its older place but experts say further that it will hit higher price than 30k dollar which reflects that it is improving and following its average improvement. As we can see its previous average data it is increasing with the passage of time so do not think more and do not fall in complications just invest in the current favorable market.

Bitcoin even not lost its position, then what it has to restore, i think that bitcoin is making its position more and more stronger as compare to other crypto currencies and the reason is because of the increasing interest of the people. To me i think that in near future more and more people will enter in bitcoin world, they will invest their money in bitcoin and therefore they will even make bitcoin more stronger than its previous position.

Hamstead

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Bitcoin is a great option for doing crypto trade. We all know about this markets price fluctuation that's why you need to thoughtful about this. If you think you take this risk then you can chose this coin but i believe you can earn profit from this site.

Bitcoin isn't just only an investment but it is another form of currency. But since isn't widely used as a currency that's why it is use for trading.
Truly bitcoin is a high gaining profit before as its market trend isn't just like today, price fluctuation and market volatility make it more risky. And it happen that some individuals losses their money for with things.

gamalzour

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Quote from: befriendmywater on July 07, 2018, 11:47:18 PM

Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

Bitcoin will definitely increase again but it can not grow as strong as the end of 2017. That is not possible when the Crypto market capitalization is now too low and the world economy is in recession. So the whales have suffered a loss at this sensitive time, so the recovery of Bitcoin will also occur slowly.

Definitely it will go on and will reach towards its older place but experts say further that it will hit higher price than 30k dollar which reflects that it is improving and following its average improvement. As we can see its previous average data it is increasing with the passage of time so do not think more and do not fall in complications just invest in the current favorable market.

Slow death

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Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

What do you think in this matter?

How many news like these:

New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’

Zebpay Exchange Halts Fiat Ops as India Crypto Banking Ban Deadline Looms

Do you listen every day? the answer: that's a lot of news. The pressure of governments is reducing demand and the price is falling

rainezerr

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Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

No matter how bitcoins drops in the market, the price will still go back to normal because people are still keep on investing which makes the price to pumps up again, volatility is always the reason why people are getting rich in trading.

elloco4ever

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It is hard to predict the future but as per the present market condition we can certainly expect that the price of bitcoin will reach the last years price. Lets just be hopeful and see what happens.

I think it's too early to predict anything about the bitcoin as there are high hopes this time over bitcoin's bull run which is predicted to be around the last quarter of this year but one thing is for sure that bitcoin performed beyond it's limit last time in terms of value.

EdenHazard

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Everyone is free to predict the bitcoin price, and I will be neutral in responding.

I have a mind for those who think bitcoin will not have a price like last year is the problem and negative news in 2018 is too much. The first thing that should be highlighted is a hacked exchange, I guess it is the biggest problem in 2018. As a result everyone who has a lot of money in cryptocurrency or especially in bitcoin will withdraw all their money for fear.

And for those who still have high hopes for bitcoin prices going beyond price in 2017 is, already many experts are predicting bitcoin prices that will reach more than $ 20,000 and some even predict up to $ 50,000, and this is where they believe it.

Mind Control

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Quote from: Earl Ragnaar on July 07, 2018, 09:42:44 AM

I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.

So I take that these "some" people are implying that the glory of Bitcoin is based on its price? This is a wrong perception about Bitcoin and could affect someones point of view about the entire network. How come that a glory about a coin depends on its value? This is illogical and at the same time, idiotic.

Bitcoin is still the dominant coin in the market, has the top market cap, has most trust from the community, the alpha coin of all cryptocurrency. This is the metric for "glory" not the price.

maxamus

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Quote from: alinalovedoogie on July 09, 2018, 12:42:52 PM

I will tell that it is very hard to predict the exact one. But I hope that BTC will be able to recover and I believe that it will happen within the end of 2018.

I am not surprised tosee one more user waiting for the end of year assuming that bitcoin will raise massively like it did last year I mean the end of 2017 and even I am hoping for the same bull run let's hope for the best and let's have faith in bitcoin.

alinalovedoogie

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I will tell that it is very hard to predict the exact one. But I hope that BTC will be able to recover and I believe that it will happen within the end of 2018.

orions.belt19

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Quote from: BrewMaster on July 07, 2018, 10:55:20 AM

bitcoin has never lost its place on the market to want to restore it now! it is the same place it has always been... on top as the same scarce decentralized currency that everyone wants to have more of.

as for its "glory", nothing has changed. it is just your views that have changed because price is not constantly rising now. so you are surprised now to wake up each morning and see price is still $6k instead of being $7k, $8k, ... every day!

That’s true, and this has made the others have some doubt over the price of bitcoin. Since the price is not at an upwards trend, people have been scared that bitcoin will no longer attain the former ATH it has reached just last year. Others speculate that by the end of the year it would reach an entirely new and ultimate ATH but no one can really tell. The price trend may be different but there is still glory to it because it’s still way off high.

ABMARK

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We do believe bitcoins to be the number one in the market even with all the hurdles it is currently facing. This is because with more than 1500 coins in the market, and bitcoins being the first ever coin to enter and is able to give a head on competition proves that it will be a tough competitor to beat.

Coffee135

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What does the place of bitcoin in the market mean? It is now taking its place in the market. Bitcoin has always been and will be the number one. It has an impact on the entire cryptocurrency market. Perhaps you meant the price of bitcoin? I think he will not only recover but will go up. Just wait.

Belec

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Of course it will btc is one of the biggest crypto currency in the world.Its just for now that bitcoins place in market isn't good but that will change in the near future don't worry.

maculeth

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bitcoin does continue to fall to date and has not shown any significant increase. but I still believe when bitcoin will come back down again, then at the end of the year the price will go up.

Topic: Will Bitcoin Restore it's Place in the Market? (Read 372 times)