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Author Topic: BTC will up. dont worrry  (Read 16177 times)
chaser15
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June 17, 2017, 07:04:23 PM
 #101

I am more worried with the BTC going up instead of staying put because I'm getting killed by the transaction fees!
It is a good idea now to have a physical wallet rather than an online wallet.

Much worst if the bitcoin price is not going up but the transaction fees is still high, then it's no making sense.

If the transaction fees is high then we can really feel the value of it once bitcoin price increase. Look if ever the fees are playing around today @ 40,000 to 50,000 satoshis that is $1 value. If bitcoin price will increase more, that amount of satoshis will be soon $2 and so on. That's why to at least we have a compensation to the high fees we are dealing, bitcoin price should be high so that somehow we are being rewarded to our effort in holding or earning bitcoin. I believe soon the fees will be minimized once this scaling issue solved or slightly being handled.

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Slark
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June 17, 2017, 07:06:34 PM
 #102

I've seen to much bitcoin price shifts over last 4 years that I this current dip is not even surprise for me.
If you haven't been here when bitcoin spiked to $1200 in 2013 and then in 2015  price crashed to $230 then you might be scared by recent dip.
A piece of advice - every price crash is a great opportunity to buy cheaper coins. Go for it.
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June 17, 2017, 09:51:19 PM
 #103

I am more worried with the BTC going up instead of staying put because I'm getting killed by the transaction fees!
It is a good idea now to have a physical wallet rather than an online wallet.

Much worst if the bitcoin price is not going up but the transaction fees is still high, then it's no making sense.

If the transaction fees is high then we can really feel the value of it once bitcoin price increase. Look if ever the fees are playing around today @ 40,000 to 50,000 satoshis that is $1 value. If bitcoin price will increase more, that amount of satoshis will be soon $2 and so on. That's why to at least we have a compensation to the high fees we are dealing, bitcoin price should be high so that somehow we are being rewarded to our effort in holding or earning bitcoin. I believe soon the fees will be minimized once this scaling issue solved or slightly being handled.
Damn you're right 50k satoshis is already more than a dollar now. 3 months ago it was just 50 cents. The crypto space keeps amazing me everyday. I also hope the scaling issue will be solved soon. Let's hope we make the best decision possible moving forward.
RealPhotoshoper
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June 17, 2017, 10:34:40 PM
 #104

I've seen to much bitcoin price shifts over last 4 years that I this current dip is not even surprise for me.
If you haven't been here when bitcoin spiked to $1200 in 2013 and then in 2015  price crashed to $230 then you might be scared by recent dip.
A piece of advice - every price crash is a great opportunity to buy cheaper coins. Go for it.

Not always a crash ended up with a bounce back , it could be a real disaster.
I mean when the market in downtrend and then the price continue get drops until reach the lowest price.
That time nothing you can do but suffering huge lost , be careful and don't be greedy, take your profit even it is just a little bit. There's no harm to keep believing on something like this , the price will go up but noone can guarantee it.
Donaldturp
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June 17, 2017, 10:36:51 PM
 #105

Never comment on bitcoin blindly please. Saying "don't worry, it will be up anyway" is totally meaning less. Nobody can guarantee that bitcoin prices won't go under $2,000, for example.

Always watch the market carefully and logically.
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June 18, 2017, 02:10:43 AM
 #106

In my experience no matter how many dump that will happen the price of the bitcoin will be pump and go back to it's price and even it can surpass it because the bitcoin is based on the supply and demand law so as time pass by the bitcoin will pump and so it's profitable if you take bitcoin as long term investment. 
AicecreaME
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June 18, 2017, 02:53:21 AM
 #107

Bitcoin is now experiencing some dumps because of the FUDs and maybe because of the fear also of the people who are not ready for the upcoming event in August so they are just selling their bitcoins but like what the title of this topic says, Bitcoin will go up because that is the only way for bitcoin in long term chart and if you have patience then just buy and hold and don't worry.
frowsiter
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June 18, 2017, 04:52:36 AM
 #108

Indeed. It's not worrying thing bitcoin will be up for sure. What i believe is bitcoin market is just having little pumps and dumps coming from big whales who wants profit or want to make bitcoin cheaper for buying more bitcoins. And it is golden opportunity for us too to buy more bitcoins for our personal profits. So just take it positively and make sure you get your strategy ready for better future.
Immakillya
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June 18, 2017, 05:36:06 AM
 #109

Bitcoin still the best coin to buy. Don't worry about the dump as it can recover itself on dump. Actually it is the right time buy because it's cheaper. Trading altcoins is good also. Since bitcoin dumps a bit. Many traders will switch to other profitable altcoin in the market. Or better hold both bitcoin and altcoins.
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June 18, 2017, 05:49:19 AM
 #110

This is quite common. People were much aware about the same that after price decrease soon it starts to grow higher than the one from which the price went downwards. Now too the same is taking place soon we can see the price to be over than $3000.

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Dontme
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June 18, 2017, 06:46:22 AM
 #111

Yes i think bitcoin's value will grow more as it is getting more popular and subscribed. Imagine three months ago bitcoins value was only approximately 1000 dollar. Can you see how fast the value of bitcoin grow and its value today is almost 4000 dollar so dont worry it will grow more.
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June 18, 2017, 07:21:49 AM
 #112

Bitcoin really fluctuate during this week after dropped back to $1860 last month even though it ever recover to $2900 USD once in this month. Well, what do we expect? It is a normal day in bitcoin environment due to traders buy and sell at their discretion.
But, I don't worry about it, I have my funds secure for another rise, hopefully. When some good news appears to the surface, people will speculate and bitcoin price will skyrocket again.

Right now, the highest rate of bitcoin are on South Korea and China exchanges over $2800 per 1BTC. While other exchanges set around $2500-$2700 USD, seems Asian​ countries leading the way.
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June 18, 2017, 07:25:45 AM
 #113

When the price came down a few days ago I did not panic, but I bought again, and this time bitcoin back on the trend of increase. I hope it can get back to $3000
 

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June 18, 2017, 07:27:43 AM
 #114

Bitcoin really fluctuate during this week after dropped back to $1860 last month even though it ever recover to $2900 USD once in this month. Well, what do we expect? It is a normal day in bitcoin environment due to traders buy and sell at their discretion.
But, I don't worry about it, I have my funds secure for another rise, hopefully. When some good news appears to the surface, people will speculate and bitcoin price will skyrocket again.

Right now, the highest rate of bitcoin are on South Korea and China exchanges over $2800 per 1BTC. While other exchanges set around $2500-$2700 USD, seems Asian​ countries leading the way.
With a breach of support like this one it's hard to expect much in terms of another bull run. Ideally bitcoin prices would remain stable but approaching alltime highs after such a short time isn't too feasible in my opinion.

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June 18, 2017, 07:31:51 AM
 #115

Totally true I do think that it will recover soon,
That the price would go up again and I am pretty much sure that it would surpass its highest price right now.
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June 18, 2017, 07:52:06 AM
 #116

This is quite common. People were much aware about the same that after price decrease soon it starts to grow higher than the one from which the price went downwards. Now too the same is taking place soon we can see the price to be over than $3000.
There is much optimism in this forum about prices, but sometimes the price goes in the opposite direction, after it finally recovers I think that is the reason for the optimism that is perceived.
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June 18, 2017, 09:26:58 AM
 #117

This is quite common. People were much aware about the same that after price decrease soon it starts to grow higher than the one from which the price went downwards. Now too the same is taking place soon we can see the price to be over than $3000.
There is much optimism in this forum about prices, but sometimes the price goes in the opposite direction, after it finally recovers I think that is the reason for the optimism that is perceived.

Its understandable. Almost everyone here is very optimistic as far as bitcoin goes price. But of course you will feel frustrated when you see the price dip. Its not normal to really feel that way. I also feel that way, but I don't get emotional and just dump my bitcoin. And I always think it in a positive way, the perfect time to buy bitcoin when their is a crash.









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June 18, 2017, 09:47:28 AM
 #118

This is quite common. People were much aware about the same that after price decrease soon it starts to grow higher than the one from which the price went downwards. Now too the same is taking place soon we can see the price to be over than $3000.
There is much optimism in this forum about prices, but sometimes the price goes in the opposite direction, after it finally recovers I think that is the reason for the optimism that is perceived.
Well, no one can deny it, but on the one hand, people can also take advantage of it, because the decline in bitcoin prices is one of the conditions in waiting by potential investors, because they think that bitcoin must have a high price .
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June 18, 2017, 10:23:31 AM
 #119

Everybody know btc price is huge volatile and the price moment is 100 - 300 $ in a day it can move easily. Depending upon the global economics and big countries by large decision may change the future of the btc in terms of pricing. Like after Japan legalizing it btc prices soared nearly 3k and now it take a dip to 2550$ around. So no one can actually predict this.

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Sidas_Crew669
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June 18, 2017, 10:57:13 AM
 #120

I am more worried with the BTC going up instead of staying put because I'm getting killed by the transaction fees!
It is a good idea now to have a physical wallet rather than an online wallet.

Much worst if the bitcoin price is not going up but the transaction fees is still high, then it's no making sense.

If the transaction fees is high then we can really feel the value of it once bitcoin price increase. Look if ever the fees are playing around today @ 40,000 to 50,000 satoshis that is $1 value. If bitcoin price will increase more, that amount of satoshis will be soon $2 and so on. That's why to at least we have a compensation to the high fees we are dealing, bitcoin price should be high so that somehow we are being rewarded to our effort in holding or earning bitcoin. I believe soon the fees will be minimized once this scaling issue solved or slightly being handled.
Damn you're right 50k satoshis is already more than a dollar now. 3 months ago it was just 50 cents. The crypto space keeps amazing me everyday. I also hope the scaling issue will be solved soon. Let's hope we make the best decision possible moving forward.

Well indeed it is today the main problem is being encountered on a fee on each transaction we do. Where is bitcoin asked a high fee to be able to immediately get a confirmation, it will automatically give you a bad effect on the growth of the bitcoin. Because in General, currencies are always rotating in quantity, so that if fee bitcoin unchanged then the entrepreneurs who have a rotation of funds per day which is always solid will not use bitcoin, because it will definitely be considered inefficient
 
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