Bitcoin prices rise high

[NathanJB]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes that's true. People who learned the craft of crypto trading or earning BTC and other alts through services here started to leave their work behind.

But this thread was posted just last month. It was still a time of stability generally. Right now, there is no more rising of bitcoin prices. The price is going down. Panic is felt. But the rising will take place after this temporary dump.

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[Savemore]

Bitcoin is slowly falling right now, people now are selling on panic, but i think its normal in any markets. As you can see with a long term chart of bitcoin its really bullish and i think the price will continue to soar high right after the reversal.

What goes up must go down. True for any case, even in other markets. Nothing to be wary of.

If it is going down just because it is an economy rule. Bitcoin is going for segWit. Which will keep the transaction speed very rapid. So keep calm and believe in a bitcoin it will pump up again after August. Because there are some implementation which is being on by bitcoin. So it is the right time to buy more bitcoin to become a rich after August and wait for that party of being rich after August.

Yeah this time is a big opportunity to buy many bitcoin as we can. I know this is really effective way to earn big profits. There is probability that the price of the bitcoin after August 1 will become double or even triple.

[Vixmore]

Well, I think yes.

As more and more people got involved with bitcoin trading, bitcoin's popularity rapidly grew and increased its value by a large amount. However, many are panicking as the current dump is happening because of August 1 and its Segwit2x implementation. This will the price to plummet (as we can see). But I do not believe that there is any logical reason to panic and quick sell all the investment that you have eared so far. Also, the trading of bitcoin and its price has become a bit unpredictable, so you have to be a bit more careful if you want to invest short term. But we can still see the price rise in the long run and that should yield plenty of profit for all of the investors involved.

[Kidmat]

This is what I observe for the past years that bitcoin price rise high. For now suffered dump because of upcoming segwit but I believe it will rise this year. As bitcoin is being adopted and growing its users so I can see to it will continuosly increasing its price in the future.

[BartS]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

The price is probably the best marketing tool that bitcoin has, for better or worst, when the price is pumping then bitcoin is all over the place and when the price is dumping then many people appear and claim the death of bitcoin.

[Omega Weapon]

Price of bitcoin now are ranging from $2300 - $2600 maybe preparing for some big thing on august 1, but for me what ever will happen right after the segwit the price of bitcoin will surely goes high, simply because the demand for btc are really increasing then the price should increase also.

Demand is not the only factor that affects the price the other side of the coins is supply, so even if there is an higher demand for bitcoin, if the supply goes up, even after the increase in demand the price of bitcoin is going to decrease, it is basic economics really, and with the fateful date of August 1 getting closer I think we are going to see the price dipping further due to panic sellers.

The supply will never increase because we have limited supply, the demand decreases because investors are afraid to lose their money so they cash out and just wait after the August 1 segwit. The situation now is not actually worse but this is a good chance of buying, I will never sell my bitcoins unless I need to, infact it gives my some opportunity to buy good alts since all of them are down now, I will celebrate later after the bloody market is over.

Mistake, the supply does increase, even if there are never going to be more than 21 million coins that does not mean that all of those coins are up to sell, if holders that were not in the market suddenly decide to sell, that is bitcoin that even if existed was not in the market, and it will affect the price and if enough holders of bitcoin decide to sell at the same time the supply on the market is going to go up and when that happens the price goes down.

[Sadlife]

The reason why bitcoin is booming with popularity is because just like what you have said it's increasing price value in the market and in case you dont those who invested in bitcoin when was still in $600-700 are probably millionaires right now, so why waste all your energy on working on a grocery store or in a fast food chain thst pays low in the end you end up all that money for your necessities and spend it in some goods and services in order for you to live. You can't even save up some money with that little salary and you might get tired and sick while in bitcoin you quickly earn it if you know trading or has some professional skills.

[mundang]

This is what I observe for the past years that bitcoin price rise high. For now suffered dump because of upcoming segwit but I believe it will rise this year. As bitcoin is being adopted and growing its users so I can see to it will continuosly increasing its price in the future.

Dumping has ended . Bitcoin will have a bullish trend the whole year  so we might see massive increase in price like whats happening this time. Were now again near 3000$ and still pumping.

[Dudeperfect]

We must understand the fact that volatility in the price is not going anywhere, even in next 10 years the price will keep fluctuating yet on a larger chart view the price will be on a bullish run. Thus investor should consider this fact and invest as per his risk taking ability and research strategy. It is not recommended to invest in Bitcoin or any alt coin just because they showed exceptional performance in the past.

Yes, we will continue to have large price fluctuations with bitcoin but I think overall the price will increase over the long run. In fact, fluctuations are good for traders that want to increase their bitcoin holdings buy buying on the dips and selling after the pumps.

As we observe at the current value of bitcoin already happens the huge dump it is influence by the incoming splitting on the bitcoin but i know after the dump there is a huge pump of the price of bitcoin, for now much better to hold your bitcoin for our future.

Exactly, the current fall was due to panic selling wave due to upcoming 1 Aug event but smart investors immediately bought bitcoins in dips as soon as panic sellers sold their all funds. Considering the long term scenario, this event is going to be useful for the Bitcoin but still, people (especially newbies) are afraid of this event and they sold their holdings. It is not a secret that Bitcoin price will be back to the normal within the first week of August.

[SamsungBitcoin]

This is what I observe for the past years that bitcoin price rise high. For now suffered dump because of upcoming segwit but I believe it will rise this year. As bitcoin is being adopted and growing its users so I can see to it will continuosly increasing its price in the future.

Dumping has ended . Bitcoin will have a bullish trend the whole year  so we might see massive increase in price like whats happening this time. Were now again near 3000$ and still pumping.

I think bitcoin value will reach more than $3000 before this month end, bitcoin will continue to give us profit that is why we need to work hard to have enough bitcoin in the future.

[lucifochrome]

it could be, but somehow that depends on which country youre from. Because from where im at its not that well known. Anyway there are lot of things that can affect the rise and fall of the prices but right now i think it is somehow affected by the panic selling after that it might rise again.

[HarryJackson]

Minning bitcoin, its easy or not?

[logicgate]

This is what I observe for the past years that bitcoin price rise high. For now suffered dump because of upcoming segwit but I believe it will rise this year. As bitcoin is being adopted and growing its users so I can see to it will continuosly increasing its price in the future.

Dumping has ended . Bitcoin will have a bullish trend the whole year  so we might see massive increase in price like whats happening this time. Were now again near 3000$ and still pumping.

I think bitcoin value will reach more than $3000 before this month end, bitcoin will continue to give us profit that is why we need to work hard to have enough bitcoin in the future.

Yes the main reason of that we want to have more and more bitcoin in future because its price is going to increase high, and yeah its will cross 3000$ or more than 3000$ at the end of this month. And also we need to hard work to collect high amount of bitcoin because without hard working it is impossible.

[kelceyott]

When will go up again bitcoin

I think after august 1, bitcoin will rise up again who knows, for now bitcoin is falling down slowly because of this news about bitcoin is going segwit. I'm losing my bitcoin now but i'm going to hold it let see what will happen after august 1.

I do not think the value of bitcoin can increase after August 1. At present, it is facing the risk of division, bitcoin will become two separate currencies, they have different values. And I think there is only one high value currency.

[richminded]

After a dump few weeks ago, the price of bitcoin are continue to soar high this time this is a great opportunity for us to accumulate more, simply because every time bitcoin fell, it will surely bounce back even higher.

[Patsakkyy]

After a dump few weeks ago, the price of bitcoin are continue to soar high this time this is a great opportunity for us to accumulate more, simply because every time bitcoin fell, it will surely bounce back even higher.

The fact is that despite all these market fluctuations, Bitcoin will still have a high price. We need to understand what is happening in the world of cryptography and we will understand that there is a huge potential for crypto currency. So I'm not worried about losing money investing in Bitcoin.

[Omega Weapon]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Some people may decide to give more attention to bitcoin due to the high value that it has but if you have a job, then it does not matter how low the pay is you need to stick with and dedicate your free time to bitcoin, in these times it is becoming harder and harder to have a job as the economies of the world are struggling and business try to get higher profit margins, so keep your job.

[Invester]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

You have interchanged the two I guess. People leave their jobs to focus on bitcoin because of its very high price. The impact of rising bitcoin prices is that people would want to give more time to bitcoin. Bitcoin's price shoots high because of the trust of people that this is a good way of payment. The trust accumulated resulting to a constant rise in price.

[ArIMy11]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes I think so. Many people think that they would earn much more money in bitcoin than working because bitcoin price is now high compare to the previous years. Me, I will also do the same thing they did. Why suffer from hard work and get stress if I know some options where I can earn much big amount of money without getting stress. If bitcoin price continue rising I think much more people will go to bitcoin and I have read that the more the people who use bitcoin, the higher the chance that bitcoin will rise more since there are not enough coins for all the users.

[Omega Weapon]

When will go up again bitcoin

I think after august 1, bitcoin will rise up again who knows, for now bitcoin is falling down slowly because of this news about bitcoin is going segwit. I'm losing my bitcoin now but i'm going to hold it let see what will happen after august 1.

 No one can tell when will bitcoin rise again but this rise will be certain. As bitcoin is a digtital currency and like real currency it always have fluctuations and its all usual, nothing to worry and to panic. For now hold our coins and let's all wait what's gonna happen next. Maybe a win or lose decision to all of us here.

This is why one of the most recommended strategies in the forum is to hold since we do not know how high the price of bitcoin is going to go or when so the best thing to do is to have your coins ready that way when bitcoin gains in value the only thing you need to do is to sell a part of it and then when the price goes down to buy again, this is a foolproof method to raise your bitcoin.