Bitcoin Forum

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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.

The recent dip is price was just part of the 'everyday' Bitcoin volatility. However, keep in mind that prices now still have not settled (IMO) from the massive price spike in June. Now, I am not saying that Bitcoin is in a bubble or anything, it's just that all the recent hype, and naysayers (Wall Street), and the upcoming segwit, led the prices for Bitcoin to reach a very volatile state, spiking and falling like nobody's business. I predict that August will be a VERY good month for investing in Bitcoin once all this blows over, and the price stabilises, leading to a stable price increase as time passes, and not to mention transaction speeds will be improved if all things go well with the segwit, possibly leading to more mainstream acceptance and usage.

Nobody with even half a brain panic sold, it's always noobs & retards who fall for all the FUD crap. Just HODL for another few years, bitcoin will do what it's done long term, throughout its existence - RISE

I have not seen that the number of bitcoin users have lost confidence in him. Perhaps this drop in prices was provoked by the profiteers. We do not know how many coins. They could use the rumors and to carry out such an operation. I hope that all their coins are bought by the users and now they will have fewer opportunities.

We could say that and in actual sense like I have at the back of my mind that the eventuality of the price of bitcoin depends on the reaction of the majority of users which is exactly what happen but we all cannot be sure that the mood wont change because as we move closer to August 1, the uncertainty continues to pile up which is a call for concern to every one but either way for something as big as this and price manage to stay above 2000$ then its a confidence that should be applauded.

I can say that just be ready on whatever is about to happen. If the price rises then let's celebrate as today it's still quite early to do so. And if the price falls then just let's do the job of being an advantage taker as a trader, just buy if it becomes bearish again. So there's no loss if you are a very optimistic person when it comes to bitcoin market.

Only the weak hands jumped to sell their coins immediately. Others have taken the opportunity to buy cheaper and are already making profits. Remember last month? Exactly the same situation, and exactly the same panic and exactly the same come back.
#HODL

It seems that more than 50% of miners are now implementing Segwit. If they come to around 80% maybe the split won't even happen. And if this happens, I guess prices are going to rise a lot and maybe reach what Goldman Sacks predicted (~3000 USD) or even more as a return after the last big drop.

https://www.bloomberg.com/news/articles/2017-07-18/bitcoin-jumps-as-miners-take-first-step-to-avoid-currency-split

If applied to my point of view, even you don't noticed that thing Im confident about what will happen to bitcoin while currently on a heated seat with the drama. Honesty, if the FUD is strong and majority of all bitcoiners really believes that price will decrease more, why many do buying starting from $1,900 and only eats few hours to breached again the $2,100 above level.

I can conclude now that this large whales believes also that it will be a positive result for bitcoin that's why they take some profit during the peak and now back again from buying bitcoins.

Like I said just to clear things up, this is only my own point of view.

It has nothing to do with confidence but  crash of bitcoins price was just a game done by big whales to cause and stir panic on the bitcoin market so that bitcoin users will sell their bitcoins on a lower value. The big whales has again use the issue of August 1 to cause panic on the community and after a while the price of bitcoin comes back again since they have already finished buying bitcoins at a lower value. This means that they have ear a huge gain again while small bitcoin holders lost a huge profit on the market. Since August 1 is still not here there will be many traps lay ahead by big whales so let us be wary and do not panic.

It's hard to tell if this last price dump was just usual volatility or also potential influence of August 1. It's probably both.According to current information Segwit is standing good and maybe we could avoid to split and that would cause major pump. Anyway, I expect further rise of the price in the upcoming period.

I don't think its a bear trap, there is no chance of a chainsplit now so bitcoin can enjoy some better times ahead.

14 days before the Segwit and good to see many people are still confident in using bitcoins and the price is slowly going back to normal again. This is a good news for the incoming changes.

Exactly, noobs not only panic sold but also have been the ones who created most of all the fud otherwise this confidence and trust was already there as it has been before among the ones who been into bitcoin for a long time. It would be interesting to see how all these noobs react now when the price of bitcoin has started to go up.

I am still optimistic to hold the bitcoin I have. I'm sure the bitcoin price drop is just a speculation that makes us feel anxious .. and rush to sell our bitcoin. I still believe the bitcoin price will be high after 1st of August .. hopefully bitcoin is getting popular

I agree with the idea. Dumps and pumps are normal. It is a part of Bitcoin's unsteady nature. The price of Bitcoin decreases ,then after a couple of days or months, it is again, increasing. It happens a lot. Simply as, if there's an inflation, it'll be in favor for us and if deflation happens, we just need to wait for it to increase again.

here is a theory: confidence never went anywhere
it was with bitcoin and very strong all this time. newbies acting irrationally is a different story.

also i would like to remind everyone of Litecoin SegWit activation. miners started signalling for SegWit, price went higher (the insiders sold or prepared to short) then they started FUDing. F2Pool said we are changing our mind, some said the hashrate that came online was Bitmain and went against SegWit.
price dropped they made a lot of money.
Signalling went above 99% and SegWit was activated.
price went up and they again made a lot of money.

just saying don't get played again or at least try to make a lot of money like them.

I suppose confidence is returning after today's news that miners have begun running the Segwit2x software and China-based Bitmain announced in twitter that all their bitcoin mining pools will start running Segwit2x... But there's still anxiety over bitcoin's split so it's still too early too tell if confidence has in fact returned. Bitcoin's case is different from litecoin. There weren't any fears of a split in ltc so I suppose price surged. But I think it's still too early to tell that bitcoin will follow the same trend even after initiating segwit2x today.

I think now some are panicking and selling their bitcoin because to keep watch or for other things, but on the other hand bitcoin again shows what he has done for jangaka a long time, and I think many believe it regardless (segwit ×) Which Is not yet clear what will happen that day, if it will affect the bitcoin itself in terms of price or the other, but i will stick to my bitcoin and see it for future developments

Sadly, i'm that one weak hands when seeing the price of bitcoin on that day. I sell all my bitcoins immediately when the price going down, because i'm afraid that the price of bitcoin will go more down. The price of bitcoin is really strange though, it can easily decrease and increase af.

How can we know if the SegWit is slowly being implemented or planned upon as based on what you've claimed OP? The current recovery does not justify anything at all. I believe that it is just a result of an opportunity given to some people to buy more Bitcoin at s lower price, hence the price went up and recovered a bit.

You might be right that this is just a bear trap. We are on a bear market so this is possible. Anything can happen upon the activation of Segwit. The end result will decide whether the price will soar up or dramatically crash.

I think the same - considering bitcoin's history holding Bitcoin is probably the best option overall.
Recently I heard that some speculators voiced an opinion that bitcoin's price won't be rising forever and soon we will reach a limit of the price or even backwards trend will appear.
I think that selling portion of your BTC and cashing out part of your stash would not be that bad, after all, we don't want to wait forever to collect fruits of our labour.

At the time you choose to invest in Bitcoin, you should understand and accept the risk that the volatility brings to the table. Obviously, you didn't accept the risk, and don't understand how this market works. May I know at what price you bought your coins, and at what price you panic sold them? One thing you must always keep in mind -- whatever short term fluctuations the market is going through, and whatever percentage the price decreases, it won't affect you in the long term. Everything that happens is purely short term. It's sad that people still don't see that.

Return ? What do you mean return ? I never left. I watched the cowards for and bought their coin and flipped a profit.
The weak feed the strong. Have faith or don't collect Bitcoin . In the future it will be worth mutiples what it is now so selling is a bad idea.

Few people understand what you have stated here, mostly people are afraid of august 1 and some of them are selling their coins at low price. What we should do is to stay calm and hold our coins, soon the price will rise again after august 1.

Yes it's indeed surprising many thought Bitcoin will drop back to $900 below because there's a lot of fud coming to the August 1 segwit but, Bitcoin has already been here and it always bounce back we hope it will stay this way going to August 1

The recent drops of bitxoin where probably due to the pre segwit anticipation and also FUD. The threads on this forum alone with like the title 'segwit will kill bitcoin" are uncountable. But now due to random surveys, segwit seems to be rising. The prices are also stablising and returning to their former glory. People are starting to believe in bitcojn once again.

Bitcoin, like anything else, is subjected to market forces of demand and supply. It is natural for the price to fluctuate a bit, but the long-term trend is growing, so seasoned investors never lost confidence in Bitcoin in the first place.

The main attraction of bitcoin is its dynamic pricing. That's the reason why traders like this coin so much. When the price gone down past 2000 USD, it triggers a global alarm and people started buying heavily. The result is pretty clear and the market cap also gone up to 39 billion from 33 billion day before yesterday.

6 billion USD increase in a day or two is a big thing and I am sure many people like me are positive towards the future of bitcoin. A little confusion is still there about August 1st but I think bitcoin price will touch new heights after complete segwit implementation and will become an unstoppable coin. So we still have time to buy more.

It suggest nothing, its just market variation.
It can go either to $3000 again or dive to $1000. You can't guess if segwit will boost price or beign total failure.

Recently the price of bitcoin has been falling mostly due to the people who are believing in all the FUD that is spread around. People also are selling to add to the falling price and rebuying at a lower price later on. Now price is rising since all the FUD is gone and how Bitcoin is growing.

About the bear trap, I hope that's not true, since August might actually bring some good to Bitcoin and pump up the price a bit.

Yeah, I agree, the prices do tend to fluctuate and that is expected from Bitcoin.

There are still many people who believe in bitcoin. As long as there is someone who trust and is confident with bitcoin, it will continue to rise for sure. I agree also that some people are selling their bitcoin before it dump so that if the price of BTC become lower they will have funds to buy more bitcoin.

Litecoin and altcoins were dropping along with BTC over the weekend during the sell off.

I would say confidence is returning to Bitcoin when Bitcoin dominance in the cryptocurrency space crosses 80%.
We have seen a huge fall and it is still below 50%.

The market gained confidence because miners have finally woken up and done the right thing they were supposed to by supporting/signaling for BIP91 (avoiding the chances of a chain-split, and eliminating the FUD). BIP91 reduces the chances of chain-split dramatically, achieving the consensus of implementing SegWit with only 80% of mining hash. currently, 75% are signaling BIP91, and 15 blocks are mined signaling it. It needs only 269 blocks mined in the upcoming 336 blocks, before activating.

You can check it here: https://coin.dance/blocks
Also read this to get a comprehensive understanding about BIP91: http://www.coindesk.com/coindesk-explainer-bitcoin-bip-91-implements-segwit-avoiding-split/

We need to lock in segwit, once we lock in segwit then it's a done deal. But do't be too happy about it, because FakeSatoshi and Roger Ver + Bitmain camp will be back for Christmas trying to hardfork into their garbage. I predict it will be another defeat because only idiots will support ChinaCoin.

The price has recovered nicely over the last few days, much to the delight of those who were so worried that the slide would continue. But that's just short term and the price for the long term still looks pretty attractive with more room for growth, despite the uncertainty of what lies ahead in the coming weeks or months.

It seems the price of bitcoin is rising again though many got panic and sell their bitcoin in the last few days, but starting yesterday the price of bitcoin goes up again which I think a good sign that returning to bitcoin investment will benefit us and will give higher returns.

Well, I will be happy enough if we get a few months of respite from bogus characters trying to hijack BTC and ruin what has become a reasonable asset (yes, volatile and speculative).

Maybe ChinaCoin will not happen if the community finds the likely SegWit(2x) implementation to work out well.  If they DO try to bust Bitcoin, then they will lose along with most of us...

Thats right I think many people until now confident with bitcoin and thats good to us because even they have doubt about bitcoin they still believe in bitcoin. As of now the price will recover again even last few days ago the price decrease and I believe even the price of bitcoin down on the day of august 1 it will recover again after few days or after few weeks.  Those people believe in bitcoin its better if you hold your bitcoin.

It's only wed ... and we're already seeing a sea of red.  We just might see a new low by the time the weekend rolls in :D :D :D :D

i think people were too much confident about bitcoin and therefore they were not going to sell their bitcoin. i am sure that with the passage of time the confident of the people will increase more and more and hope that very soon the price of bitcoin will cross 3000$ level

Not sure why people sold.  It's all about the hodl.  Bitcoin has a strong future!

People are selling their bitcoins to make sure that they're money is safe from the the upcoming event which is the segwit. because there's a news about it that you should sell your bitcoin to be safe so many are panic selling because of that but I think now the bitcoin price is stable and keep pumping.

I beleive that experienced and skilled users haven't even lost the confidence. And for them panic selling was out of the question. We will see how the situation will develope but maybe there is also chance to avoid spliting which would be the best for all.

With the price that Bitcoin has as of now (which is 2600$) I can say there are 2 scenarios of it. One is what you are saying which Bitcoin users are confident on Bitcoin will rise even if August 1 is yet to be determined on what effect it will bring to Bitcoin. Another scenario is Whales are making a last pump before August 1 happen. By last pump I mean they are pushing the price upwards and sell their load above making another big fall before August 1 happen. I just hope that what happens is the first one as I am big on my Bitcoin holdings.

A lot of people realize that the whole "scaling" issue and possible Hard fork was just a hype show. The whole thing was totally blown out of

proportion by enemies and friends of Bitcoin to feed their hidden agendas. The people who have been around for years, just used this dip to

make more money. { Selling high, buying low and once again selling high and taking some profits. }   ;)

Today is very happy because the price back to high position that is $ 2600, tomorrow or the day after the price will reach $ 2800, so it's time to buy bitcoin, I'm sure hard fork issue will not happen.

If anything goes wrong with the fork then you can be sure that there will be some losses to hit the market really quickly, but if everything goes well and SegWit does get implemented without issue then there will likely not be any issues that investors with voice and we will be able to carry on the blockchain peacefully, finally getting rid of long queue times and fees eating away at transactions. Getting back to what Bitcoin is supposed to be: cheap and effective. Entirely doable.

I think Segwit is going to implement thats why Btc is getting momentum upward afterall Btc is the king of Crypto Currency. Lets see what happen tomorrow I am expecting 1 dip tomorrow in Btc then Btc to the moon.

Its good to hear that bitcoin's price has increased after so many days.But then there are chances for it to be a bear trap and maybe the price is just increasing to get trust from people that nothing would happen on August 1 as the price is increasing now ,but then the real intention would be that something bad might be coming down.

Many people who use bitcoin have not lost their confidence. What because there is a decrease in price they are attracted to the high price again.

Many people have sold out their bitcoin due to decrease in the price of bitcoin, because they were of the view that bitcoin would come at their least point, but it is not to happen. In august it is expected that bitcoin price will rise again and it will touch 1 btc will be $3000, therefore, the confidence is building in people to buy bitcoin once again and touch-in with business in bitcoin. Many people are returning for business in bitcoin and I think they will succeed to have a profitable business.

Yeah, Bitcoin may be had some problems falling or crashing, but I won't give up on it.

People selling BITCOIN - falling,
people buying BITCOIN - rising,
people who sell high, buy low (1) - become richer,
people (1) make price stabile,
some investors love stabile - BITCOIN rising.
Less than 0.01% people keep money in BITCOIN - it BITCOIN grow up to 100000% on it, but slow.
https://pastebin.com/ZUxTmR99

Thats true even the experiencing of downtrend bitcoin will eventually increase the price. I just hold and I believe I can earn profit in the long run. So save more while you can .

That’s the spirit, mate. Keep it up! This is all that a bitcoin trader should have to make a real grand profit with bitcoins. Bitcoins just like other currencies do face some ups and downs but that does not mean we should start doubting the potential of bitcoins. Bitcoins are the rulers of digital world. Bitcoins are on the way of regaining their values leaving the true and faithful supporters with grand reward. 

the admin has already created a thread that most likely the split will not happen so maybe with it the panic is happening begin to disappear and the user starts buying bitcoin and trust again. actually a lot of problems that hit bitcoin but still can survive.

Most likely there would be no split and so the panic how somewhat subsides but you can't take away that there are a lot of FUD'ers around here saying that bitcoin will not survived and die. But I doubt that it will happened because people are again trusting in bitcoin and showing confidence because the price has not moved to $2800. More people will go to bitcoin as investment example is those Bollyhood stars in India that are looking at bitcoin right now. So its difficult for bitcoin to die.

I suppose that the fear of August 1 has slowly vanished as btc prices started rising again. Currently, 1btc = $ 2728. It can be seen that btc prices have increased quite a lot and this makes people happy and a few feel regret. But we can be confident that btc prices will continue to increase and especially after Aug 1. That will attract new users.

We could already see transaction fee has got reduced very much and transactions are performed very fast.We had already seen spreading of negative news about bitcoins earlier and then bitcoin recovering.same thing has happened this time also.All dust has started to settle down and bitcoin price has recovered.It is only newbies losers this time also as that have sold their bitcoins even at $1850 last week.

Even when the normal growth was taking place the price used to increase and decrease quiet often, but this time the fear among the users were found big. This caused a increased selling, even when the price was decreasing causing a steep fall in the value. Now once again the increasing price has gained confidence among the users all around as well strengthen the network.

As we observe bitcoin have been recovering its price these days. I noticed that too transactions getting as fast as we expected and also with the lesser transaction fees which Im amaze of. I guess this is the result of resolving the issues in bitcoin problem. Therefore, there will be more attracted to bitcoin and as I see to it price started to recover.

Same sentiments here, I am optimistic that bitcoin price will shoot up after this drama. This negative news went viral  that it really affected the bitcoin price. But its good news to  to others who can buy at lower price.

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. just can't help to wonder what the future of bitcoin will become after this Aug 1.Let's just hope for the best since all of us is benefiting in this technology. In bitcoin I trust!!!

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.

Yup last couple days was good days to buy bitcoins. Those who are bought bitcoins when the price was $1800 they are in $1000 profit just in 1 week. But I am not sure how many of you people bought. But now that time was gone I think it will not come again because we have only 1 week left to hit August 1st.

I am 100% ready to have most of my savings in BTC.

It gives much better return than a savings account

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.

Well you might be right between the two because it might be okay that the price is going high right now and maybe it will be also a misinterpretation that it might go down possibly. But whatever may happen I will hold to what I am doing and also to my bitcoins, because we don't really know what will happen if it goes high then let's thank for it but if goes down on its price then it's not our luck bitcoin holders but as what I am feeling right now I have faith that the Segwit will be alright on the 1st of August.

Dont do it. Not now and even not after segwit. Keeping 100% saving in BTC is extremely risky no matter how much you can potentially profit there is a good chance that you can lose it all. BTC is just like any other investment, don't invest all your saving.

It is definitely better than any other investment savings right now. We all know that the price gonna go up and if you have a little knowledge of trading then it will be the best choice to invest in some altcoins which may shoot up in the future.

The confidence that have returned in these past few days is something commendable and its equally not one man's doing but from the majority of all involved the only thing we are waiting for is not to lose out in the other version coming out in August in which I don't expect any major crash and I am happy the crash is early enough to return back and bolder into what we have now.


I will only advice that you move some and not everything because no one knows tomorrow.

If you risk and did buy on those price ranges then you would really be on profits now since price do stabilizing again between 2800 ranges which means if you bought on 2300 then you are profited on $500 which is really nice but  well we would really think always on precautions about prices thinking of that it might be a trapped but those assumptions make us missed the potential profits ahead which you would really make regret later on when you see prices are now going up.

When the bitcoin price dumped some got panic and sold their bitcoin because possible they will lose their investment. But this is not the reason that I should be on a negative side, then I just think on a better things that will happen. That bitcoin price will rise and so now as I can observe to it is recovering the price and still I have confidence in bitcoin that for sure my btc will grow.

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 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?

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.

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

No it will never return to 1000 USD of bitcoin. Because economy of bitcoin and the market of bitcoin is going very high even it would reach to $10,000 soon as the market going with a speed so we should say that bitcoin will change the world problems. Bitcoin will change a lot of things and finally it would become an only 1 currency which will use worldwide. So, yes nothing is lost at this point.

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.

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'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 strongly believe in bitcointalk because the money is so clear and I started telling my friends about bitcointalk.

If you have some confidence, you can learn about Bitcoin very quickly.

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 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.

...

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"!

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. 

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

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

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

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.

...

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.

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.

fluctuations really shake those weak holders and as we witness another downfall many will sell there bitcoin again for sure with exchange that will be
close coming sept 30, maybe we will see more downfall and support level will be at risk, but all in all we must believe that bitcoin value will comeback
and rise again.

Keeping caution is important, but I am more optimistic than usual that bitcoin will soar. Because in the last few days bitcoin started showing price increases than usual, it's nice to go back to bitcoin again.

Why didn't you,  I am guessing that you didn't have enough funds to buy some.
I agree with you on that premise it's only newbie investors who are cared when they see bitcoin value going down, matured investors are really not disturbed because it's only a matter of time when bitcoins soars again after taking a few hits.

Was there ever a loss of confidence? If you lost it, then you were all alone in that practice. The price does what it does and long term shows the truth, you may have doubted the black and white numbers, but you were over there with a handful of odd little people that also believe in flat earth. Bitcoin worth is determined by the people who hold them firmly and will keep on holding.

Interesting to read this original post now that we are well past August 1. Clearly after August 1 things were rolling, but now there is more issues that have been presented. Until bitcoin becomes fully accepted and mainstream there might be ongoing volatility involving confidence and other matters. The volatility could be a part of it for awhile, need more acceptance and mainstream status......

bitcoin is very strong and still be the best choice of users, because it proved to be buffeted by the issue of bitcoin in fact the market is not going down the price but it is increasingly so it shows that bitcoin is still the best choice.
until i made this post bitcoin still at the price 4354 $

I recently am in the field of crypto currency and, in fact, only six months ago I have bitcoins in my wallet, but I already know that the growth and fall of bitcoin is natural. And I prefer to regard it as a long-term investment, here the profit is guaranteed.

After that sake out, disregarding Chinese "ban", ICO regulation, we had a strong consolidation and growing appetite from different sector. We'll see 7k this year

optimistic and trust is the basic capital of bitcoin investment, if in doubt it will be difficult to succeed. we all expect bitcoin to remain stable in price

...

If only had I known back in July when I started this thread that I should have bought moar BTC at $2300...  I'd have backed up a truck.

Just TODAY, a female cousin of mine (52, I have not seen her in ages) asked me to help her get into BTC.  A "Shoeshine Boy" moment?

With the many bitcoin forks a lot of people will buy in thinking they will profit from the fork similar to how people profited from the Bitcoin cash fork.

Sometimes people really need some cash  ;D ;D ;D. It's hard to resist man, haha
By the way Im hoping that we are all learning our lesson that no matter what they do to bitcoin, in the end it will always prevail. Banned to some countries, treated as a sham, criticized by the masses then it dump then it rises like optimus prime in the fallen series. Of course it's hard to have a stone heart and just do nothing and hold while the world is being against that cryptocurrency but its good to know that hes value is at its code itself, and as long that you've understand that the code is uncrackable, amazing and unique, then we dont have to worry because people always throw things at things that shine. :)

until now bitcoin prices are still stable despite the decline but not much, this fact that people or business people still trust bitcoin and still collect it

If we using analogy, then we can compare with android technology, initially they are small sandstone and closed by the dominance of blackberry and iOS, but now nothing can stem them, especially the government.

In this case bitcoin also applies equally, move in guerrilla. and ultimately made the government unable to ban it. the main force to change civilization is a thoroughly applied innovation among people, in the end, bitcoin will be popular and structured.

very optimistic, essentially utilizing all opportunities that exist in bitcoin prices, the belief that bitcoin prices will remain good for buying and selling and not afraid of loss

I agree that bitcoin worth is determined by the people who hold bitcoins and choose to continue to hold them. It is because of their belief that bitcoin is valuable, then bitcoin continues to have a high price.
I have never lost my confidence for bitcoin because Inhave always trusted and firmly believed that it will continue to prosper. This is why I continue to hodl and prefer not to sell or spend my bitcoin with the hope that it will have a much higher value in the future.

This article was created in July and I read it after nearly 4 months. You see how bitcoin's value changed when hard forrk and made two coin new bitcoin cash and bitcoin gold, I find that its price has risen more than $ 2000 for a bitcoin copper from $ 4,000 to $ 6,000 proving that one bitcoin is so popular.

that's what bitcoin proved after several fork and we are still aiming to reach 10k$ so I think more investors will drop by and start learning this investment
its gathering more people and businessman involves that why confidence are really gaining back.

Ya confidence About Bitcoin are very high .Because the Bitcoin is a digital currency and value increased day by day and today rate of the Bitcoin are $5972 at current in two months it surely touch around 10000$ so all are confidence in bitcoin only and so investor get all the confidence to bitcoin it reach high value.Even I was waiting for that

initially my first entry in bitcoin world my beliefs are less so trust because i have not know the contents of bitcoin ..

then i play bitcoin after that i get satisfactory result, after that my belief is increasing  :) ...