Bitcoin Forum

What do you think about price incresing? Is up trend started?

First do check your spelling so you can right it correctly, but somehow  it is easy to get your questions and the answer to that
is yes. Bitcoin and altcoins are on uptrend now and this will continue so better think of riding with the trend now as has just started.

Down trend may happen withing two days?

i don't think down trend will be going in few days
after correction, price recovery makes it sense, that people still trust keeping the stock.

There was so much fear and panic going on here last weekend that most people missed the chance to buy coins at the cheapest price they may ever be at again. Everyone was banking on a huge dip at the end of the month but I don't think it's happening. Moral of the story - what everyone else seems to be doing, do the opposite if you want to succeed, because fear will hold people back from succeeding. Period.

What abouth Ethereum, do you think it will go down more?

I don't expect for Ethereum to go down these days since maybe this coin is the second choice for the people who holds btc in their wallets, But if you think you can see some little flaws on it then load your pocket up and buy those cheap ETH when it occured so that you can earn with it when the time it will spike again on future, But seems ETH is on its green days and I expect that this one would reach 0.1 btc each on this coming days.

Well, I believe Ethereum will test resistance line 0.1 BTC again soon, although have some news about Coindash ICO use platform Etherum for their blockchain had got hacked and loss 7.4 Millions Dollar of user, but the price of Ethereum still increasing today

Honestly, we cannot say when does the price of bitcoin starts to increase. August 1 is not yet happened, so for me, the increasing of price is not continously.

We experience of downtrend these past few days, and I dont know really if this will continuosly going up. As we can observe price is currently increasing so Im just riding with its movement. So hoping it will continous moving in the exchange.

Last week deep was only bad for Ether and BTC ... major alt coins held ground very well compared to 11-12th July Alt carnage
this is just a hype from people that market will be on up-trend ... but there will be a big drop coming very soon.

The big drop due to August 1 seems to be low probability now because crytocurrency market are now recovering from hype dump. The trend is now change to uptrend again and if you will analyze the price chart. The chance for a big dip on the following weeks is very small but the possibility is still there.

SegWit is applied and the signal is directing to accept it.
One uncertainty is eliminated, fear is less now.

This positive opinion to BTC is important as BTC is backbone to Alt.

We need more backbone, lets do it

Until aug1st everything goes. After aug1st too.
 ;D

At July 12th we had only a nice bounce back. What is the difference today? Is there one?
The market is scared.
And it will be scared, until everybody knows / sees what will happen in the beginning auf august. After that we will have a decent rise, and after that:
Everyone is scared, that the bubble will popp.
Business as usual...

Ethereum will certainly go up!

BiCrystal Team

I think the price moves according to the market, namely supply and demand. Apart from that also a lot of influence rumors / news / events. Which concerns the coin itself.

I think people are researchin more about august first segwit hard fork and finding positive side also huge volume of people started to invest on crypto currency when its really down its normal in demand supply chain.

The uptrend will continue because there is a good news on bitcoin and in my understanding on what I read
there will be no more split so people are not worried with their bitcoins now.
Let's keep buying because uptrend will continue.

Yes maybe. No one can really tell if this rising will continue or its just a taste of sudden joy.
I just hope that no chain splitting will happen and the rise will continue up to the moon so better hold up your coins.

Altcoins are very vulnerable and very sensitive on every BTC move, this is why we have this situation today, no matter if BTC rising or falling suddenly, alts are safe only when BTC is stable. In those situations best decision is to wait. If you can affort buy now in this period. This is not uptrend, this is unclear situation caused by BTC speculations.

Yes. We all know that alt coins is following the uptrend or downtrend of bitcoin price. As you can see today, bitcoin surges big time last 24 hours, almost all alts follow and they are all green. ETH is just touching $240 which above a few days ago was around $180 when bitcoin was sub $2000. So that's the trend with bitcoin->altcoin. I think the Segwit2x locked in news today really pushed the price of bitcoin which is unexpected. But we really don't know what will be the trend come Aug 1. We are all hoping for the best.