Topic: Finally, Bitcoin is Bouncing Back! - page 2. (Read 1018 times)
Bitcoin bouncing back up does not guarantee us at all that it is the end of crashing. Let us take note that we haven't went through the August 1st yet. There are several days left and we might encounter tremendous volatility as we go closer to the date. And as to what you've said, we better be cautious and aware of what might happen in the near future. It is best to be safe than sorry, right?
I already imagine how those people who sold bitcoin at 1900$, with the scare of the August the 1st, how they must be regret now 
How about those who bought at $1900?
They (we) must be pretty happy now.
I already imagine how those people who sold bitcoin at 1900$, with the scare of the August the 1st, how they must be regret now
The past two weeks are very historical for Bitcoin...this was the time when we saw a bloodbath for the cryptocurrency market.
We really only had 1 week of falling prices from $2540 on June 9 down to $1830 on June 16. This represented a 28% dip, smaller than the 33% dip in only 3 days from $2700 on May 25 to $1800 on May 27. (All prices at Stamp).
Most of the recent dip happened in 3 days between June 14-16 and was simply panic caused by ignorance.
Within 2 days the price has rebounded by 28% to $2345.
This was hardly what I'd call "historical". It's more like typical Bitcoin volatility.
The past two weeks are very historical for Bitcoin...this was the time when we saw a bloodbath for the cryptocurrency market. The official color became red as Bitcoin and other coins faced a great test of their resiliency and strength. Induced by that great fear for the possibility of a split in the Bitcoin network and the mess that can come afterwards, many Bitcoin holders converted their Bitcoin to cash and other coins.
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
At least we are heading on the right direction now, unlike a couple of days seeing the price fall is frustrating. Again, weak hands has been shaken. So its time to buy back bitcoin again and join the bandwagon. But still, we need to be cautious because there are still fresh new waves of FUD going on that will cause panic again to some of our members to sell your bitcoin because of the apparent network split.
The past two weeks are very historical for Bitcoin...this was the time when we saw a bloodbath for the cryptocurrency market. The official color became red as Bitcoin and other coins faced a great test of their resiliency and strength. Induced by that great fear for the possibility of a split in the Bitcoin network and the mess that can come afterwards, many Bitcoin holders converted their Bitcoin to cash and other coins.
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
At least we are heading on the right direction now, unlike a couple of days seeing the price fall is frustrating. Again, weak hands has been shaken. So its time to buy back bitcoin again and join the bandwagon. But still, we need to be cautious because there are still fresh new waves of FUD going on that will cause panic again to some of our members to sell your bitcoin because of the apparent network split.
The price was never going to continuously tank for long. Nothing particularly bad has happened, there won't be a fork soon so it was all just FUD & trolling which made noobs & weak hands panic sell.
There will definitely be a rise and fall in the bitcoin world. So what happens now is probably a normal thing. In addition, the declining factor of bitcoin prices is influenced by how many sell and require bitcoin. For now everything has returned to positive tracks. Bitcoin prices have increased again and let us see whether it can pass 2600USD or even better. 
The price was never going to continuously tank for long. Nothing particularly bad has happened, there won't be a fork soon so it was all just FUD & trolling which made noobs & weak hands panic sell.
The past two weeks are very historical for Bitcoin...this was the time when we saw a bloodbath for the cryptocurrency market. The official color became red as Bitcoin and other coins faced a great test of their resiliency and strength. Induced by that great fear for the possibility of a split in the Bitcoin network and the mess that can come afterwards, many Bitcoin holders converted their Bitcoin to cash and other coins.
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
Now, Bitcoin is already on the mode to fight back as we are already in the vicinity of $2,350 and because the split rumor is already dying down the value can now easily go up even up to $2,500 soon.
Is it time to party or should we still have to be cautious?
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