Game over for now

[BitHodler]

Short term speaking, we might face a very strong resistance point at the time we are about to hit the $4000 mark for the first ever time.

I don't think we'll fall back all the way down to the $2xxx's, but I can definitely see the $3000 mark getting tested again. But first we need to see how the activation of SegWit will impact the market in the coming weeks.

At this point the activation of SegWit is the only thing (for now) to give the market a boost. To add, I don't mind seeing the market take a step or two back ~ corrections are healthy and allow new money to enter.

[YuginKadoya]

Short term speaking, we might face a very strong resistance point at the time we are about to hit the $4000 mark for the first ever time.

I don't think we'll fall back all the way down to the $2xxx's, but I can definitely see the $3000 mark getting tested again. But first we need to see how the activation of SegWit will impact the market in the coming weeks.

At this point the activation of SegWit is the only thing (for now) to give the market a boost. To add, I don't mind seeing the market take a step or two back ~ corrections are healthy and allow new money to enter.

That is what I am seeing too a resistant going to break the barrier on getting to the $4000 mark value, I really think we are not ready yet to go beyond that point but let's see for the next month if we can see if bitcoin can break the resistance, potentially if we can not see people that are dumping it might get near the $3800 cap!

[600watt]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

bitcoin gained $700 in 7 days since you posted about sideways and bear market. i hope you hodled, anyway. if not, sorry for your loss.

[paul gatt]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

bitcoin gained $700 in 7 days since you posted about sideways and bear market. i hope you hodled, anyway. if not, sorry for your loss.

I think that loss is due to our lack of confidence in bitcoin, and we have to pay for that. I made the wrong decision when selling bitcoin, because now I will try my best to get back what I have lost.

[jvdp]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

bitcoin gained $700 in 7 days since you posted about sideways and bear market. i hope you hodled, anyway. if not, sorry for your loss.

I think that loss is due to our lack of confidence in bitcoin, and we have to pay for that. I made the wrong decision when selling bitcoin, because now I will try my best to get back what I have lost.

Ya true.If you have some negative feedback. I.e,the price may reduce means. Now you are the looser.Many holding for long time for today only.They will have very huge profit .If you sell the bitcoin for personal reasons means, you will not done a mistake. It all for your need you sold it.

[criptix]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

I remember people saying that when btc was at 250 $.

[duke944]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

[richardsNY]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

[duke944]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

How will the market sustain future growth? dude, the global economy is on the edge of a cliff rethink.
It's taken me a bit to understand what's driving the btc price and it's not adoption but running from the innevitable fiat collapse.

[Casdinyard]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Even today i was reading a certain analyst commenting about this, when he said that the usability of bitcoin in real life is still very limited, he gave an example, said that of the top 500 online retailers only 3 accept bitcoin.

According to him, the high transaction fee and slow confirmations of payments have stunted the acceptance.

If solve these 2 problems: high transaction fee and slow confirmations of payments, bitcoin will have more adoption and its price can be very high

What about in Japan? Japan is listed to have hundreds of merchant that is accepting bitcoin.
Thats why bitcoin is legalize there like you can shop with just your cellphone in your pocket.
And yeah maybe the thing is the high fees and slow confirmation are the mainstream for mass adoption and until now even segwit is just lock in the issues are haven't resolve.

[quarkyplum]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

I have a predict about the market in next time, if in August the price of Bitcoin still high than $3000, the bearish market will ended and change to other period, maybe neutral or bullish trend, depending the emotion of trader on market in this time.

[aso118]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

A lot of people felt nervous when the price increased from $1000 to $2000 as well, but the price increase seems to be in only one direction - upwards. The traders made some money during the volatility, but the long term holders have profited as well (with a lot less risk). So holding also makes sense.

[arwin100]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

A lot of people felt nervous when the price increased from $1000 to $2000 as well, but the price increase seems to be in only one direction - upwards. The traders made some money during the volatility, but the long term holders have profited as well (with a lot less risk). So holding also makes sense.

Many people are been worried for the current excellent rise of bitcoins on these days since they are afraid if those past history of deep dump would be happen again for these days, But these current happening is the most exciting things happening for now since I think we could expect for the price to touch down to the 4000$ and maybe evenmore.

[ethereumhunter]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

A lot of people felt nervous when the price increased from $1000 to $2000 as well, but the price increase seems to be in only one direction - upwards. The traders made some money during the volatility, but the long term holders have profited as well (with a lot less risk). So holding also makes sense.

i think they don't felt nervous but maybe they become greedy and wants to make more profit so they don't sell their bitcoin when the price is at $25xx and they only waiting until now. but i think the price still continue to increase and i don't know how much the price will go up, i wish in this august the price is reaching more than $4xxx.

[Inkdatar]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

I have a predict about the market in next time, if in August the price of Bitcoin still high than $3000, the bearish market will ended and change to other period, maybe neutral or bullish trend, depending the emotion of trader on market in this time.

I can speculate it will reach to $4000 or more as it depends on the emotion of trader. Well, as we can see to it the bullish in the market still continues. So a lot of traders are happy on these price and most gained profit already. Moreover, lets ride with the movement in the market and for sure it will climbed its value.

[lumeire]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

I have a predict about the market in next time, if in August the price of Bitcoin still high than $3000, the bearish market will ended and change to other period, maybe neutral or bullish trend, depending the emotion of trader on market in this time.

I can speculate it will reach to $4000 or more as it depends on the emotion of trader. Well, as we can see to it the bullish in the market still continues. So a lot of traders are happy on these price and most gained profit already. Moreover, lets ride with the movement in the market and for sure it will climbed its value.

Idk what's pushing the price towards $4000 anymore, at this point, it's really worrying what's gonna be the floor when it comes down crashing.

[DustyRah]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Are you starting to feel like you should have bought instead of talking nonsense? If you got the ca$h, there has been no time other than the last few years to have dumped it into BTC and there will be no time like the next FOREVER To dump into BTC cause this will always rise up.

Or keep it in Wells Fargo, Chase or whatever else bank you got and get charged that monthly fee.

[duke944]

I held I was just whining. Wtf would sell this year?
$3620 and climbing the japs have invaded again. (this time in a good way)

This will continue all the way to the $4000 level, where after that I am not exactly sure how the market will sustain further growth. I will definitely cash out profits as soon as the market jumps into the $3950-$4000 range.  I expect the market to fall down at least 10% from that point. My buy back target will be around the $3500 level. If everything goes according to plan, I will end up with a decent and quick 10% gain.

I have a predict about the market in next time, if in August the price of Bitcoin still high than $3000, the bearish market will ended and change to other period, maybe neutral or bullish trend, depending the emotion of trader on market in this time.

I can speculate it will reach to $4000 or more as it depends on the emotion of trader. Well, as we can see to it the bullish in the market still continues. So a lot of traders are happy on these price and most gained profit already. Moreover, lets ride with the movement in the market and for sure it will climbed its value.

Idk what's pushing the price towards $4000 anymore, at this point, it's really worrying what's gonna be the floor when it comes down crashing.

I can't see it crashing, if it were going to do that it would have done it by now.
Hodling, too scared to buy or sell in this market.

[Silberman]

Long term (since 2011), the price has had some large swings but overall maintained a roughly 0.24% per day increase (roughly 2% per week).  Fluctuations now are less than in past years, meaning less dramatic increases - and less dramatic downturns as well.

Graph up to mid-July, 2017:



If, on average, 2% per week increase isn't enough for you, then try the alts, but for now the trend indicates no signs of changing.  

Again, the long term strategy of HODL remains valid.

Amazing graph and very telling, so bitcoin can give to us in two weeks what banks give in my country for the whole year? And I keep hearing people close to me saying that I should put my money in a bank, it is very likely that if things keep going like this I will be able to retire in less than a decade while my friends and relatives will need to keep working almost all their lives.

[600watt]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

so i guess bitcoin price DID double since you posted. can you please do that trick one more time?