Quote from: supermine on June 24, 2018, 04:53:55 AM

Quote from: Aryadwipanggah on June 23, 2018, 03:32:40 PM

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

People not getting bored with the bitcoin investments the smart people just came here to make money in short term and cashing out when their desired level reach is the problem so it will affect the long term holder's mind that the price will increase or not.The other reason for the price fall in this year is lot of exchange hacks and many governments regulations keep scaring the invest on bitcoin free.BUt we can't say they moved to the alternative coin because all the coins prices also keep falling so bitcoin is still in the upper hand.

I would say that the majority of the people who invested in november/december
last have already got out. I would also think that bitcoin has more backing than
when I entered back in January 2017.

I dont believe that long term investors or holders sold out, yes some probably
took advantage of the prices in January/february with some of their holdings
but those people are still in.

Overall i recon the market has changed with some newbies still involved, some
early adopters who no longer in and institutional investments.