Topic: Confidence Returning to Bitcoin? - page 2. (Read 3778 times)
Since nine months I know bitcoin, I'm used to prices that go up and down in the extreme, I think this is a very natural thing and definitely bitcoin prices will continue to rise.
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I had a chance to study a long-term Bitcoin price chart at blockchain.info. I noted that there tend to be what look like exponential price moves up after lows (FUD-ly, etc.). Sometimes these take two - three years, sometimes more quickly. I have not seen a chart using and exponential Y-Axis though, bet that would be interesting...
This is just an observation on past price movements, buying and selling BTC ought to be based on more than just looking at past price movements.
I had a chance to study a long-term Bitcoin price chart at blockchain.info. I noted that there tend to be what look like exponential price moves up after lows (FUD-ly, etc.). Sometimes these take two - three years, sometimes more quickly. I have not seen a chart using and exponential Y-Axis though, bet that would be interesting...
This is just an observation on past price movements, buying and selling BTC ought to be based on more than just looking at past price movements.
It seems the value of bitcoin is rising again, though many got had a heart attack and sold their bitcoin, but I knew that the bitcoin would rise again because that is how bitcoin works. Bitcoin just plays a little mind game with you to see if you believe in bitcoin or not.
this is an old topic but it is interesting to see how it is still relevant and also to see that the same thing has happened again.
the more interesting part is the fact that this has been happening as long as bitcoin existed and people still fall for the same thing!
rally > price rise > ATH > profit > FUD > drop > short > bottom > buy back > inevitable rise > profit > rally
rinse and repeat
remember 2015 when bitcoin below 350$. everyone say this is the end of crypto world or bla bla... and everything still comeback. Soon we will have news like China accept bitcoin. Now bitcoin and ICO under control by goverment or something like this the more interesting part is the fact that this has been happening as long as bitcoin existed and people still fall for the same thing!
rally > price rise > ATH > profit > FUD > drop > short > bottom > buy back > inevitable rise > profit > rally
rinse and repeat
Bitcoin I'm sure is still the mainstay coins from other coin coins. although prices are rising rapidly but their prices tend to be stable and increasing
this is an old topic but it is interesting to see how it is still relevant and also to see that the same thing has happened again.
the more interesting part is the fact that this has been happening as long as bitcoin existed and people still fall for the same thing!
rally > price rise > ATH > profit > FUD > drop > short > bottom > buy back > inevitable rise > profit > rally
rinse and repeat
the more interesting part is the fact that this has been happening as long as bitcoin existed and people still fall for the same thing!
rally > price rise > ATH > profit > FUD > drop > short > bottom > buy back > inevitable rise > profit > rally
rinse and repeat
The recovery is slowly gaining acceleration for bitcoin right now. I hope it continues to hit $5000 and gain even more before falling once again to cater the other buyers and investors who badly missed the opportunity of cheap BTC buying. A couple of months is good enough, perhaps by November there will be another dip of prices.
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Too bad I was unable to take advantage of BTC's price of briefly under $3000.
My guess is that BTC price could drop again, but the brave will "BTFD"!
Too bad I was unable to take advantage of BTC's price of briefly under $3000.
My guess is that BTC price could drop again, but the brave will "BTFD"!
I'm confidence about returning my Bitcoin became Bitcoin is a secure and popular site also.
I'm never lost my Bitcoin that's why my confidence level is high.
Yes the confidence over bitcoin is building up and up. And when the security level is up to the peak and there is no worry about the loss, steal and hack of bitcoin, the people confidence will go deeper and deeper. I'm never lost my Bitcoin that's why my confidence level is high.
I also realize that when there is some issues and fair of something wrong then nobody will trust in bitcoin, but there is no such an issue and the result is that people confidence is very high.
If you have some confidence, you can learn about Bitcoin very quickly.
I strongly believe in bitcointalk because the money is so clear and I started telling my friends about bitcointalk.
I'm confidence about returning my Bitcoin became Bitcoin is a secure and popular site also.
I'm never lost my Bitcoin that's why my confidence level is high.
I'm never lost my Bitcoin that's why my confidence level is high.
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I have looked over several threads here at bitcointalk, and it looks like SegWit is slowly being implemented (or planned for, or whatever) AND the price just ticked to (about) $2300, some $450 (or more) off its recent lows.
This suggests to me that confidence is returning to Bitcoin.
But, this might be just a bear trap, especially if anything goes wrong around August 1.
I have looked over several threads here at bitcointalk, and it looks like SegWit is slowly being implemented (or planned for, or whatever) AND the price just ticked to (about) $2300, some $450 (or more) off its recent lows.
This suggests to me that confidence is returning to Bitcoin.
But, this might be just a bear trap, especially if anything goes wrong around August 1.
Yep. There are two interpretations which can be a positive one or negative. But if we go in a positive side then we will see a much higher price of Bitcoin which has a high chance to reach $3000. In negative, it will depend on how you trust which will do better and will gain a greater momentum but if you don't trust or unsure then you are free to convert them into fiat then buy which Bitcoin that will bring you profit when you have decided.
I think because the price is so low for bitcoin owners to panic with falling bitcoin prices and hence less confident users with bitcoin prices and lower prices, maybe now the price has started to slightly increase and every bitcoin holder will come back. As before the bitcoin prices went down
As soon as the news came in that BIP 91 was being locked in, we saw a jump in bitcoin prices from 2200$ to 2700$ and for the last few days we are staying between 2700$ to 2800$. I think as soon as soft fork is implemented on August 1, we can see bitcoin blasting the 3000$ and be stable at 3500$+. We are all waiting for this event to happen and still 4 days left in that.
As a I can see it confidence in bitcoin was not lost, all of the dump was made to take advantage of the incoming Aug 1 splitting (if any). Let's just laugh for those who have cold hands.
Its true. It took so long to recover back to $1000 and when we hit it in January it seemed surreal. Fast forward to july and we pump from 1800 to 2800 in a matter of days. Nothing is lost at this point.
I think because the price is so low for bitcoin owners to panic with falling bitcoin prices and hence less confident users with bitcoin prices and lower prices, maybe now the price has started to slightly increase and every bitcoin holder will come back. As before the bitcoin prices went down
I am also looking recent change i sold some of my BTC already was in exchange when it reched 2700$ some of that i converted to Ether (ETH) and waves some i kept in Private key holding wallet to see the changes and also test the luck.
The issue of segwit makes bitcoin lower its price .. because most of them sell bitcoin. They are afraid of losing their bitcoin after 1 August. But that's not necessarily certain. We all expect bitcoin to remain in place without any party on the other side also harmed.
yes i am sure nothing wrong will happen after 1st August and hope that even the bitcoin will not lost, they will remain on their place, that is true that some people have sold their bitcoin because of the 1st August fear, but i think still majority of people are holding their bitcoin and they are giving good support to bitcoin. The question is if no one trades there coins and they just hold them, how will the affect the bitcoin price? Will demand rise because not as many people are selling? Will the price rise?
The issue of segwit makes bitcoin lower its price .. because most of them sell bitcoin. They are afraid of losing their bitcoin after 1 August. But that's not necessarily certain. We all expect bitcoin to remain in place without any party on the other side also harmed.
yes i am sure nothing wrong will happen after 1st August and hope that even the bitcoin will not lost, they will remain on their place, that is true that some people have sold their bitcoin because of the 1st August fear, but i think still majority of people are holding their bitcoin and they are giving good support to bitcoin. It looks positive and promising and that's what we've all been craving for. Bitcoin is indeed gradually rising to the occasion and the more confident I have to even hold the more and so I will advice all to do the sane if not already planning to hold.
The issue of segwit makes bitcoin lower its price .. because most of them sell bitcoin. They are afraid of losing their bitcoin after 1 August. But that's not necessarily certain. We all expect bitcoin to remain in place without any party on the other side also harmed.
yes i am sure nothing wrong will happen after 1st August and hope that even the bitcoin will not lost, they will remain on their place, that is true that some people have sold their bitcoin because of the 1st August fear, but i think still majority of people are holding their bitcoin and they are giving good support to bitcoin. Jump to: