Topic: August: Bull, flat or bear ??? (Read 2146 times)
Given the recent break of the 610-615 support and gradual downtrend since the beginning of July, coupled with all the resistance above 650, I think we're going to start out August in bear territory. If it can find support around 550 or so, August could end on a bullish note. The Global Advisors Bitcoin Investment (GABI) Fund is also supposed to start trading soon, so if enough money comes in through that, we could get a nice rise.
i'm a little bit bearish now. even with the acceptance of newegg and dell, the price hasn't gone up. so we know retailer adoption is nice for bitcoin's future and stability, but in the short term it doesn't appear to do much.
I guess due to the big companies accepting Bitcoin we'll see a big improvement in the legitimacy Bitcoin receives.. but first we'll go down or flat because the big companies now are selling all the bitcoins they receive. And I think many bitcoiniacs have been just waiting for opportunity to spend their $50/piece bought bitcoins.
Off-late the adoption does not seem to be helping the price. Instead it is just giving us more opportunities to spend. Add to that the new coins being created everyday, and I expect price to go lower naturally unless something drastic happens.
I'm expecting a flat to bear month unfortunately. But that also means a better buying price this month so /shrug.
sadly 
I guess due to the big companies accepting Bitcoin we'll see a big improvement in the legitimacy Bitcoin receives.. but first we'll go down or flat because the big companies now are selling all the bitcoins they receive. And I think many bitcoiniacs have been just waiting for opportunity to spend their $50/piece bought bitcoins.
We will see bear first and at the end of the month it will stop dropping and might will raise.
To be honest I'm fine either way at this point
Bearish.
Don't forget Ethereum coin is being launched and many current bitcoin hoarders exchange it for the new coin.
The developers will probably cash out and slow down their development and enjoy the money for a while.
Don't forget Ethereum coin is being launched and many current bitcoin hoarders exchange it for the new coin.
The developers will probably cash out and slow down their development and enjoy the money for a while.
I'm expecting a flat to bear month unfortunately. But that also means a better buying price this month so /shrug.
What is the sentiment around here?
Do you think we will see some nice gains in august, will we stay around the 600 level or will we go down?
Do you think we will see some nice gains in august, will we stay around the 600 level or will we go down?
Probably we will go down, because we couldnt pass the 700s so that was the top.
I expect a downtrend
bull or ... crazy dog 
End of bear, start of bull!
A small dip to 500, or even lower than a straight run to thousands. Will not happen, but thats my fantasy
Expecting the dip, though, maybe not as severe.
Expecting the dip, though, maybe not as severe.
I'm bullish, it's the easier and safer option, just hold and see what will happen without the
risk of losing pieces of bitcoins along the road to the new all time high.
risk of losing pieces of bitcoins along the road to the new all time high.
Flat to bullish for August
Which would be exactly what we need. This has been the recovery trend before the 2nd 2013 bubble starting in October.
I'm bullish, it's the easier and safer option, just hold and see what will happen without the
risk of losing pieces of bitcoins along the road to the new all time high.
risk of losing pieces of bitcoins along the road to the new all time high.
Flat to bullish for August
I'm bullish, it's the easier and safer option, just hold and see what will happen without the
risk of losing pieces of bitcoins along the road to the new all time high.
risk of losing pieces of bitcoins along the road to the new all time high.
Price sticking around 600 is a good thing for BTC. Well bears , bulls and other animals no one can be sure about that.
We will see with the time.
BTW there is may be around like 10+ topics only from today asking what is going with the price
BR
Gondel
We will see with the time.
BTW there is may be around like 10+ topics only from today asking what is going with the price
BR
Gondel
I think I've finally turned into a bear. I'm not sure I see any more wild rides, people are so cautious and pessimistic.
This likely means the next sky rocket will happen very soon.
This likely means the next sky rocket will happen very soon.
It seems like it will be bearish.
I think the price will go down and then at 26th August it will violently go up.
I think the price will go down and then at 26th August it will violently go up.
flat
August is maybe of flattest and nothing-to-happen-est month of the year in many things, and I believe will not be different this year with bitcoin.
August is maybe of flattest and nothing-to-happen-est month of the year in many things, and I believe will not be different this year with bitcoin.
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