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Author Topic: Confidence Returning to Bitcoin?  (Read 3105 times)
peter0425
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July 24, 2017, 12:17:40 AM
 #61

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.

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July 24, 2017, 01:42:08 AM
 #62

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.


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July 24, 2017, 07:42:37 AM
 #63

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.


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July 24, 2017, 07:58:42 AM
 #64

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.
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.

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July 24, 2017, 08:12:32 AM
 #65

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.
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.

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July 24, 2017, 08:35:20 AM
 #66

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.

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.

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July 24, 2017, 08:44:18 AM
 #67

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!!!

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July 24, 2017, 08:47:16 AM
 #68

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.

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.

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July 24, 2017, 09:24:15 AM
 #69

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.

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.

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.

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July 24, 2017, 12:17:40 PM
 #70

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

It gives much better return than a savings account

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July 24, 2017, 02:12:53 PM
 #71

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.

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July 24, 2017, 02:28:41 PM
 #72

...

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.
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.
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July 24, 2017, 02:40:44 PM
 #73

I am 100% ready to have most of my savings in BTC.
It gives much better return than a savings account
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.

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July 24, 2017, 02:44:59 PM
 #74

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

It gives much better return than a savings account

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.

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July 24, 2017, 03:56:27 PM
 #75

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

It gives much better return than a savings account

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.

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

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July 24, 2017, 03:59:02 PM
 #76

...

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.
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.

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Inkdatar
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July 24, 2017, 04:29:57 PM
 #77

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.

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bitbob82
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July 24, 2017, 06:47:30 PM
 #78

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.
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.

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Pettuh4
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July 24, 2017, 08:23:05 PM
 #79

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.
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.

KrakAJAX
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July 24, 2017, 08:32:51 PM
 #80

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.
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.

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?

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