Topic: The rise of bitcoin continues (Read 834 times)

In my own opinion, people will always announce that bitcoins is dead etc. but the volatility of the market can give opportunity to different people in order to earn more profit in the market.

Now we're bouncing around the 7000 level... didn't quite expect this much of a retrace. I figured that 7500 would be the furthest it could drop because of that downtrend it broke through. Very often an asset will shoot through that trend, bounce off it a couple of times, and the skyrocket back up again.

But bitcoin does tend to pass through lines because it's makes such big movements. It's kind of like a Husky puppy with huge paws, slipping and sliding all over the place as it learns how to run. Hopefully it comes back up again here soon.

Yeah,it is very great news about price on the market. I believe that in the end of 2018 the price will be near $10,000 because it is real price. And polarity of it will go up too. People in real time think about investig, we must hepl them to do it.

I think with the emergence of bitcoin will continue in the future, because seeing the bitcoin price grows better every day and also good in the future.

Bitcoin becomes more popular from day to day. More and more people choose investing in it than gives money to the bank. I think in the next your price will be near $10000 and more people will apply bitcoin.

To me, I think Bitcoin will increase in price. There are many different factors that are increasingly driving the continuous rise of Bitcoin. In fact, there are many investors and professional traders are beginning to turn to BTC as the gold and see it as a storage haven. Moving, transferability and high liquidity of the MOF has made the high value, mobile, safe and highly liquid cryptocurrency market a safe bet for many investors.

I agree with you buddy. Bitcoin will definitely go down to 8000 before it will rise to 9000. And I am quite shocked to see the altcoins didn't follow. Im hoping everthing will rise this mid-August. I think when BTC price will go back to 8000, it is the best time to buy and HODL and sell after reaching 9000 as it is possible it will go back to 8500 after reaching 9000.

Yeah it pushed past several resistances really quickly. I'm quite surprised at the degree of speed that it spiked through them. The 8500 level is a bit tougher though. If it can break through there, 9000 is the next one that could hold it for a bit.

It looks like consolidation right now though. No major movements up or down, just a faint shudder. The upside trends still hold strong but there looks like it is going to bounce off the 8000 level a few more times before thinking about heading up again.

Like someone mentioned above, it's interesting that the altcoins haven't followed suit.

Big spikes in the last days.
It's time to be lateral.
The important thing is that liquidity increases and new money enter in the market.
This means Bitcoin price incresing.

Can’t we hope or expect it? Actually, what is going on we all know about bitcoin? It was dropped for a long time. If a spring touches its bottom what happened after touch? Not reverse? Now it is normal for going up for bitcoin price. Though it starts its journey for up but still a little slow. It is not a matter at all because if it starts up then it must touch its goal.

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Its because the bitcoin price is increasimg today eventhough little by little at least it will recover again. For sure the people who announced the death of bitcoin is in silent today because they slapped the truth that bitcoin is not stable in downfall. Even though its hard to predict but hopefully this increasing will continue until the end of this year so we all contented until december.

yes of course the bitcoin price increase will continue bitcoin prices will rise in price until the end of the year and I hope you do not miss the opportunity to be able to generate profits from the bitcoin price increase.

In my opinion, Bitcoin is becoming more popular with trading volume rising to 33.24% of the total market in the past 24 hours. You know, at present, the most active pairs are based on the Tether Token (USDT).
As evidenced by this, huge capital inflows are constantly pouring into this asset, and creating positive sentiment about the uptrend coming back. The transaction volume of the MOF is nearly $ 5 billion in 24 hours. With this momentum, it can be said Bitcoin will pull prices up again and attract more investors to start buying.

I believe the price of Bitcoin is increasing. For example, last week Bitcoin's market capitalization increased from 42.5% to over 45%. The price of the Altcoin is still not able to respond, while the price of BTC is climbing faster. While some altcoin still depends on the price of BTC, other altcoin can easily be. sell off to get the BTC. High Bitcoin Dominance Index is seen as a sign that investors are still paying great attention to this leading electronic currency.

I just hope that it would just continue to rise and make another ATH at December,
Maybe it is starting to fly now and soon it would be so high so I guess we should really hold some and buy while it is still low.

That is why the crypto world is said to be a thing that is very difficult to predict. Formerly that Bitcoin is said to be dying because it has experienced a tremendous decline, look now what happened? That people say the exact opposite. Even most people feel confident about the future of bitcoin. So don't ever judge a thing, wait and we will see what will happen.

I don't get your point mate. Well in the first place, even though the price of bitcoin is currently decreasing, we cannot declare it as a dying cryptocurrency because it still have value and it's  hundred percent higher than any other kind of cryptocurrency. Let's be glad that their are some speculations that it's price increases again.

Everywhere bitcoin is predicted to die, call it a bubble, they say that this is a financial pyramid, I think these companies are aimed at large masses of people so that the cryptocurrency is less popular and not captured by people before they try in use it.

I like the way how bitcoin is growing with significant the jumps up then he slides down slightly and then again jump up and thousand dollars every time, it is completely awesome.