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Topic: Still Believing That Bitcoin Can Rise High? - page 2. (Read 2325 times)

hero member
Activity: 630
Merit: 500
Unfortunately, yes because I witnessed how bitcoin survive and I believe that it was happen again in future. Also if you compared the current prices of bitcoin in the market, there's a big improvement since we started and I thanks for that, possibility bitcoin in the future were raised up beyond expectations of each one.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
atm prices have retracted which is a temporarily set back which was caused by negative speculations of the bitcoin fork but i believe bitcoin has not yet hit its peak as market analysts, investors and all interested parties have predicted to hit $10000 and we are just a fifth of that. I believe we shall start to see an improvement in market price after the fork is done and settled.
sr. member
Activity: 742
Merit: 329
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I don't have much knowledge about bitcoin and from the person who introduced me to bitcoin I came to know that bitcoin has overcome several hurdles in this time period from the day it existed. So never panic and just trust in it and the increase in price happens without doubt.

Yes as bitcoin is still experimental it will grow more in the market and it will never bring us down.
Many known personalities invest here so they won't let bad things happen in bitcoin community, of course they will be affected in what ever happens.
legendary
Activity: 2576
Merit: 1655
I don't have much knowledge about bitcoin and from the person who introduced me to bitcoin I came to know that bitcoin has overcome several hurdles in this time period from the day it existed. So never panic and just trust in it and the increase in price happens without doubt.

You are right. Bitcoin has proven time and again that it has the ability to recover from any crisis. If you are not here during the post March ETF decision, bitcoin price fall below $1000 and a lot of people has lost faith in bitcoin and sold their coin. But when April comes in, the price quickly recovered and even reached ATH at $3000. So without a doubt bitcoin can and will overcome this obstacles.
sr. member
Activity: 602
Merit: 252
I don't have much knowledge about bitcoin and from the person who introduced me to bitcoin I came to know that bitcoin has overcome several hurdles in this time period from the day it existed. So never panic and just trust in it and the increase in price happens without doubt.
legendary
Activity: 1218
Merit: 1007
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?
Crypto got hit across the board, lots of value evaporated within a short period of time ($44B USD across the entire market iirc) and almost nothing was spared during the downturn. The market has only gained $6B USD back since the dip 1/2 days ago. 85% of cryptos are down 1%+ vs. their 24hr average, and often that includes the downturn, meaning they keep going down.

For Bitcoin, it will likely sag for a while and then upturn. As Bitcoin moves, so does most of the market. If absolutely nothing happens, Bitcoin should finish the year above $2,000 but not above $3,000. Of course, that is not reality so it's a crapshoot as to what happens. Conservatively, $2,500+ is possible.
hero member
Activity: 770
Merit: 500
Bazinga!
long term bitcoin will always win
and they are all talking about the long term changes not in short. when you are zooming in the charts or just look at the last price you obviously only see a low thing or a drop but if you zoom out a bit and look at a year at least you can see what each of those articles or people say.
the adoption is growing and with all the debates it is still growing well and as soon as we get rid of those who are attacking bitcoin and preventing SegWit we can see the $3000 this year and $5000 right after.
hero member
Activity: 854
Merit: 500
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?

Nowadays, people are worried about the future of bitcoin, it is in the transition process, its future coming forward. We have all reason to believe that the bitcoin will be higher, but that belief is not big enough to overcome the anxiety of the people.
full member
Activity: 210
Merit: 100
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people. 

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat? 

Take everything the so called experts say with a pinch of salt. It is all speculation, manipulation is rife, pumps and dumps the new world order. How about seeing the technology for what it is, and using it accordingly regardless of the price? The price will rise, no doubt about it. It needs patience and there will be long periods of stagnation and dips.
legendary
Activity: 3122
Merit: 1398
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Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?

If ever chain split will happen, we can really see a lower price obviously. But we are talking about long term here, so eventually bitcoin price will increase again during the "recovery" period and for other people and investor to adjust.

And by the way, where is your source that just because of the current situation, most people quite have now less expectation from bitcoin? Is that just your opinion? Maybe there is but still I believe that majority are positive on how things will came out.
hero member
Activity: 924
Merit: 1001
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?

My believe is still strong as ever and not even perturbed with either August 1 or not and that us why I am always cautious of the various reports here and there predicting of how bitcoin  will reach $10000 in a matter of weeks. What I feel really matter is anybody coming into bitcoin should come in with what he can afford to tie up for a long term and with that, the drop in price won't have much effect to such individual.
Honestly we don't know what will happen this coming august but same here that i believe in bitcoin that it can survive and the price can be still increase we will just experience of price drop but its just a normal due to splitting so i think it can increase more value of bitcoin after this event..
Because the feature they want before is already been added..
hero member
Activity: 1330
Merit: 569
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?

My believe is still strong as ever and not even perturbed with either August 1 or not and that us why I am always cautious of the various reports here and there predicting of how bitcoin  will reach $10000 in a matter of weeks. What I feel really matter is anybody coming into bitcoin should come in with what he can afford to tie up for a long term and with that, the drop in price won't have much effect to such individual.
legendary
Activity: 1442
Merit: 1025
I personally still believe that bitcoin can still rise high again, but to avoid the bad things that are likely to happen because of a chain split i will just keep half bitcoin in my wallet.
What you mean by holding half bitcoins ? You mean all of your other bitcoins will be in cold storage and only half in connected wallet ? I guess this is not significant as long as you are able to control those bitcoins by having access to privatekeys.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I personally still believe that bitcoin can still rise high again, but to avoid the bad things that are likely to happen because of a chain split i will just keep half bitcoin in my wallet.
legendary
Activity: 1159
Merit: 1001
Long term, 3k will seem like a little speed bump.

Short term, we're a bit over extended rising from $800 in Feb to $3000 in June.

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
This time last year if you'd told me the price would nudge $3000 I would've poured my soup down your Y fronts.

Almost all predictions have turned out to be junk, but if Bitcoin remains healthy then eventually it will reach some surreal prices. I might be dead before then though.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
What is current feel for Bitcoin's value considering its recent retreat?

If you ask me, I would reply that it all depends

If SegWit gets activated somehow against all odds (say, Satoshi himself comes out of his hide-out and pushes strongly for SegWit activation), then it is a no-brainer that Bitcoin will spike spectacularly (but then Satoshi's very appearance could boost prices on its own). If SegWit gets postponed for an indefinite amount of time (which seems to be the most likely outcome as of now), it kinda looks Bitcoin prices will continue to stagnate with occasional pump and dump now and then. Ultimately, people may start leaving Bitcoin (if they don't already) and moving to altcoins which might offer them greater opportunities to earn profits

I'm almost sure that on August 1, nothing will happen and SegWit will be postponed again. This keeps investors in constant tension. And it helps some people to manage newcomers. I do not like this, I want clarity

Personally, I would prefer a "clean" SegWit activation, so to speak

Without Bad Blocks or anything to that tune and without much ado either (in pretty much the same way like it happened with Litecoin). Apart from that, many people want clarity, not just you alone, but miners can't come out and honestly say that they want things as they are today (with high fees and slow confirmation times). Though, after the SegWit cancellation, there should be less people who would be trying to defend or otherwise excuse miners. But that will be cold comfort to Bitcoin and its users, apparently
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
What is current feel for Bitcoin's value considering its recent retreat?

If you ask me, I would reply that it all depends

If SegWit gets activated somehow against all odds (say, Satoshi himself comes out of his hide-out and pushes strongly for SegWit activation), then it is a no-brainer that Bitcoin will spike spectacularly (but then Satoshi's very appearance could boost prices on its own). If SegWit gets postponed for an indefinite amount of time (which seems to be the most likely outcome as of now), it kinda looks Bitcoin prices will continue to stagnate with occasional pump and dump now and then. Ultimately, people may start leaving Bitcoin (if they don't already) and moving to altcoins which might offer them greater opportunities to earn profits

I'm almost sure that on August 1, nothing will happen and SegWit will be postponed again. This keeps investors in constant tension. And it helps some people to manage newcomers. I do not like this, I want clarity
Honestly i'm satisfied what bitcoin today and like you said segwit activation postponed i think its should be postponed or don't let segwit activate since we are satisifed what the price of bitcoin right now and i think if segwit will activate i am sure we will experience of large dump..
Hope that it will not happen..
full member
Activity: 242
Merit: 100
What is current feel for Bitcoin's value considering its recent retreat?

If you ask me, I would reply that it all depends

If SegWit gets activated somehow against all odds (say, Satoshi himself comes out of his hide-out and pushes strongly for SegWit activation), then it is a no-brainer that Bitcoin will spike spectacularly (but then Satoshi's very appearance could boost prices on its own). If SegWit gets postponed for an indefinite amount of time (which seems to be the most likely outcome as of now), it kinda looks Bitcoin prices will continue to stagnate with occasional pump and dump now and then. Ultimately, people may start leaving Bitcoin (if they don't already) and moving to altcoins which might offer them greater opportunities to earn profits

I'm almost sure that on August 1, nothing will happen and SegWit will be postponed again. This keeps investors in constant tension. And it helps some people to manage newcomers. I do not like this, I want clarity
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?
I don't think that there is any chances to increase in the price of the Bitcoin before 1 August or before the first week of 1 August because the main problem is the panic of loss of btc .
Many newbies and Noobs in the Bitcoin fields ( who recently entered in Bitcoin joined )  are thinking that it is first time happening and probably there is chances to loss by 50% , but actually they are not thinking about the advantage behind this but instead of the hold the btc they are  selling and making down the market of the btc .
Well here we should already hold our btc in our wallet instead to get fear and do our job as usual but not to make transaction of Bitcoin to anyone before the night of 1 August and also after until declare is that everything is fine or not or we need to make any changes .
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