Post
Topic
Board Off-topic
Re: Do you still believe in bitcoin
by
goldcoinminer
on 31/08/2016, 02:09:27 UTC

the price is very important, so it can affect everything. For example, if the price falls under $10, may be many bitcoin users abandon it.

Still a no because in the first place, bitcoin's purpose to changed the usual way of sending and receiving money.

It's just that people take it as an investment that's why price has been surged for years.

I agree. If users abandon by the time it falls to $10, then it should be gone for a long time ago already.
Not all people care about the value only. A real investor actually grabs the opportunity of a price drop sometimes.
Not only sometimes but all the time, we know that at any given day the price may drop due to unforeseen negative events but the wise investors they take the opportunity to buy more bitcoins because they believe it will eventually rise again.