Bitcoin is coming back, stronger than ever!

TheGeorge

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Quote from: RealBitcoin on November 16, 2015, 12:20:17 PM

The google trends high a new high between 1-7 november, now the interest is going down.

So many opportunists only looking for bitcoin when the price goes up. Thus we need the price to be high in order to find more people.

People are interested in a price bubble and want to get rich quick. There is nothing wrong with that. The price will go up slowly as adoption grows. The slow rise of price is good for the value store of bitcoin and also as an investment. If the price is too volatile, people will not buy bitcoin as investment.

Swordsoffreedom

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Quote from: RealBitcoin on November 16, 2015, 12:20:17 PM

The google trends high a new high between 1-7 november, now the interest is going down.

So many opportunists only looking for bitcoin when the price goes up. Thus we need the price to be high in order to find more people.

The google trends is a lag indicator, since its going down it really did mirror the Bitcoin price.
Either way the awareness helped now we just have to wait for the next big event and perhaps a few interesting ones like Bitcoin Black Friday before halving.

Denker

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Quote from: RealBitcoin on November 16, 2015, 12:20:17 PM

The google trends high a new high between 1-7 november, now the interest is going down.

So many opportunists only looking for bitcoin when the price goes up. Thus we need the price to be high in order to find more people.

This is normal human behaviour.
Same thing is going on with stocks and other stuff as well.
Increase in value, meaning something being worth more, especially when it rides up crazy, it attracts attention.
And the same on the way down. Losing value means losing attention.

RealBitcoin

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The google trends high a new high between 1-7 november, now the interest is going down.

So many opportunists only looking for bitcoin when the price goes up. Thus we need the price to be high in order to find more people.

RealBitcoin

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Quote from: traderbit on November 02, 2015, 08:12:09 PM

See the coindesk price now, it's linear line lol.
There is also a poll there and i am excited to see the result
http://www.coindesk.com/poll-what-will-bitcoins-price-be-at-the-end-of-2015-2/
I think bitcoin is becoming stronger than the last year

Yep i think its because the chinese capital controls.

But it can be a mixture of the VAT ruling, the Winklevoss exchange, and other blockchain startup publicity.

traderbit

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See the coindesk price now, it's linear line lol.
There is also a poll there and i am excited to see the result
http://www.coindesk.com/poll-what-will-bitcoins-price-be-at-the-end-of-2015-2/
I think bitcoin is becoming stronger than the last year

RealBitcoin

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Quote from: Denker on November 01, 2015, 04:11:43 PM

Quote from: RealBitcoin on November 01, 2015, 10:03:01 AM

Quote from: jt byte on November 01, 2015, 09:54:16 AM

About the increasing number of users,
I think that most of them are for spamming.
And we see how many users are brand new and the purpose is for spam, but they get banned/deleted quickly.
Maybe another thing is that many people get infected by a virus and the hacked asked for bitcoin.

Well there is a flat line in interest for bitcoin for now, but one people see the high price again, they might be changing their minds.

There are many people that left bitcoin, that might return if they see the price increase. Give it 1 more month and we shall see what happens.

Yes this is when this adrenaline kicks in and excitement suddenly is coming back. Cheesy

We just need one big trigger that let the price skyrocket and Bitcoin again will attract buyers and investors like flies looking for shit.

I am seeing constant good news on coindesk, so it was about time the price reacted to it.

It took longer than expected, but we all expected this to happen, and the future will be even more exciting.

Denker

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Quote from: RealBitcoin on November 01, 2015, 10:03:01 AM

Quote from: jt byte on November 01, 2015, 09:54:16 AM

About the increasing number of users,
I think that most of them are for spamming.
And we see how many users are brand new and the purpose is for spam, but they get banned/deleted quickly.
Maybe another thing is that many people get infected by a virus and the hacked asked for bitcoin.

Well there is a flat line in interest for bitcoin for now, but one people see the high price again, they might be changing their minds.

There are many people that left bitcoin, that might return if they see the price increase. Give it 1 more month and we shall see what happens.

Yes this is when this adrenaline kicks in and excitement suddenly is coming back. Cheesy

We just need one big trigger that let the price skyrocket and Bitcoin again will attract buyers and investors like flies looking for shit.

richardsNY

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Quote from: RealBitcoin on November 01, 2015, 03:45:30 PM

Quote from: pjsonowal on November 01, 2015, 03:43:49 PM

Bitcoin passed $300 and now its time for $400. I pray to reach it by christmas... A santa gift from bitcoin to us

Definitely, keep believing in it and it will happen.

Its all a belief game, if people belive hard enough, then they will buy from it and then it will go up

The sentiment right now is very good. I don't see a reason why the price shouldn't reach $400 at the end of this year. I have bought the amount of coins I wanted, so I can sit back and ejoy the rally.

jt byte

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Quote from: RealBitcoin on November 01, 2015, 10:03:01 AM

Quote from: jt byte on November 01, 2015, 09:54:16 AM

About the increasing number of users,
I think that most of them are for spamming.
And we see how many users are brand new and the purpose is for spam, but they get banned/deleted quickly.
Maybe another thing is that many people get infected by a virus and the hacked asked for bitcoin.

Well there is a flat line in interest for bitcoin for now, but one people see the high price again, they might be changing their minds.

There are many people that left bitcoin, that might return if they see the price increase. Give it 1 more month and we shall see what happens.

Maybe that's the point of these high pump that are recently.
Those one who left i think that will re-join again because of price.
For the new people to join need motivation and lots of places to spent these bitcoins(like amazon, ebay, walmart ...)

RealBitcoin

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Quote from: pjsonowal on November 01, 2015, 03:43:49 PM

Bitcoin passed $300 and now its time for $400. I pray to reach it by christmas... A santa gift from bitcoin to us

Definitely, keep believing in it and it will happen.

Its all a belief game, if people belive hard enough, then they will buy from it and then it will go up

pjsonowal

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Bitcoin passed $300 and now its time for $400. I pray to reach it by christmas... A santa gift from bitcoin to us

RealBitcoin

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Quote from: jt byte on November 01, 2015, 09:54:16 AM

About the increasing number of users,
I think that most of them are for spamming.
And we see how many users are brand new and the purpose is for spam, but they get banned/deleted quickly.
Maybe another thing is that many people get infected by a virus and the hacked asked for bitcoin.

Well there is a flat line in interest for bitcoin for now, but one people see the high price again, they might be changing their minds.

There are many people that left bitcoin, that might return if they see the price increase. Give it 1 more month and we shall see what happens.

jt byte

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Activity: 994

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About the increasing number of users,
I think that most of them are for spamming.
And we see how many users are brand new and the purpose is for spam, but they get banned/deleted quickly.
Maybe another thing is that many people get infected by a virus and the hacked asked for bitcoin.

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: fearlesscat10 on November 01, 2015, 06:50:22 AM

I like the way you put it. But like all other new inventions, its first few decades could make or break it.

Well there is demand for bitcoin no doubt, either people know it, or they dont even realize it, how much they need it. Or they might not know about bitcoin yet.

Bitcoin needs bigger marketing ASAP.

fearlesscat10

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Quote from: RealBitcoin on October 31, 2015, 11:24:37 AM

Quote from: thejaytiesto on October 31, 2015, 11:18:26 AM

Bitcoin never left. It just went into hiding so the morons that are here for quick bucks would leave. The real believers that understand the technology and know it will be 100K in 10 years keep buying. Bitcoin gave them the gift of buying sub 200 Bitcoin once again and now they are holding and laughing while their purchasing power increases.

Well I`m here for the quick buck, but that doesnt mean that I dont believe in bitcoin. I would never sell my bitcoins, only in extreme cases.

But I would shop some of them later on. Bitcoin really gives us a mystical experience, because its an invention so new that we dont really appreciate it that well.

The first PC users were amazed at the possibilities, while now people take PC for granted. Kindenganden kids have mobile phones and a PC so its really a basic tool for now.

Even the caveman appreciated his first hammer. It's called evolution.

I like the way you put it. But like all other new inventions, its first few decades could make or break it.

RealBitcoin

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Quote from: thejaytiesto on October 31, 2015, 11:18:26 AM

Bitcoin never left. It just went into hiding so the morons that are here for quick bucks would leave. The real believers that understand the technology and know it will be 100K in 10 years keep buying. Bitcoin gave them the gift of buying sub 200 Bitcoin once again and now they are holding and laughing while their purchasing power increases.

Well I`m here for the quick buck, but that doesnt mean that I dont believe in bitcoin. I would never sell my bitcoins, only in extreme cases.

But I would shop some of them later on. Bitcoin really gives us a mystical experience, because its an invention so new that we dont really appreciate it that well.

The first PC users were amazed at the possibilities, while now people take PC for granted. Kindenganden kids have mobile phones and a PC so its really a basic tool for now.

Even the caveman appreciated his first hammer. It's called evolution.

thejaytiesto

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Bitcoin never left. It just went into hiding so the morons that are here for quick bucks would leave. The real believers that understand the technology and know it will be 100K in 10 years keep buying. Bitcoin gave them the gift of buying sub 200 Bitcoin once again and now they are holding and laughing while their purchasing power increases.

600watt

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Quote from: gentlemand on October 20, 2015, 09:24:33 AM

I think we should have a bot only section. It would be interesting to eavesdrop on their plans to take over the world.

, nice one

RealBitcoin

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Quote from: fearlesscat10 on October 31, 2015, 08:11:27 AM

However, bitcoin isn't that common with 2nd and 3rd world countries. I live in the Philippines and you can only talk about btc among people who are at least college level and are interested in advancements in computer science / technology or financial investments, and that's probably less than 10% of the country.

Still more common than where I live. People here are just the ultimate sheeple.

For instance my currency vs GOLD lost about 70% of its value in the last decade, and not even the stock market went up to cover the investors. This was under 6-7% interest rates.

Now the interest rates are ~1%, hyperinflation will come, and the sheeple better learn quick about bitcoin or they will get robbed again.

Topic: Bitcoin is coming back, stronger than ever! (Read 4844 times)