Market confidence in bitcoin.

[junglist.massive]

I read, 80% of the coins being dumped now are from long term holders, they want OUT!

No, if so,  the price of 'substitute' coin will move in an opposite way or no effect at all but in fact a bit more Bitcoin giving a permanent impact and this indicates that Bitcoin still has its own influence and charm.

There are more sellers but who will buy or mine Bitcoin at such high prices

Source? Trust me, eh?

[Wiwendefak]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

I figure you ought to have tolerance on the off chance that you need to benefit from bitcoin, this time the market is red and there is a decline in each crypto coin. Be quiet and stay hopeful then you will profit sweet from crypto. I trust the market will green soon.

[maianh09]

Bitcoin has fallen far short of the highest price it has ever achieved, and the number of Bitcoiners has dropped dramatically increased it landed. But now it has become more stable, and investors have returned because Bitcoin has risen back and people are responding to profit-seeking.

[GeckoTrader]

The current situation in Bitcoin has not changed and we believe this pullback is exactly that, a minor pullback/cool down period before a continuation of the uptrend.

Our target still remains at 7.7k although judging our current wave count a break above towards the 8k region would not surprise us.

[SearchingforS]

I think the right interpretation of the situation on the market is that such high growth of BTC's price was just a singular case. The fact that the market now is lower doesn't mean that it's dying.

[Ad Baculum]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

Sometimes the market gets boring and stagnant but only for a few occasions especially when it drops in both price and demand. This usually happens after the holiday season when the market for bitcoin becomes so active then everyone needs some time for break. So don't worry and enjoy your 'business trip' here in this industry. Bitcoin will rise once again to top the economy in both fiat and cryptos in the future.

[missyqt29]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

I don't think that Bitcoin is really declining. This is because new establishments and industries are engaging and adapting to bitcoin and the result of this is that bitcoin grows and getting more known in the society. These changes and accomplishments are sometimes missed to be recognized because it gets covered by FUDs and media-washing that reflects bad in the PR of this currency.

[hahahafr]

Everyone is confident about bitcoin, that is why there are so many people in here always investing and trying to spread the word of Bitcoin everywhere. Bitcoin is here and will change everything, but we need to give it some time

[koreano111]

That's what bitcoin can provide. I do not think this is true. Those are all types of shady ICOs and we all agree that over 90% of them are not worth the comment, and buy all sorts of shitcoins on the trading floor of some stupid and speculative. .

[Gibsonlda]

you must have patience if you want to profit from bitcoin, the market has ups and downs. bitcoin prices may now be lower since the beginning of the year, but will recover soon. believe in the market only if you have confidence that you will overcome everything to fight just believe you will win in the future.

[King_Linda]

I believe that bitcoin is going through a period of recovery. It's like bitcoin is being tested and in good time, after it has been tested and approved by novices, we will see a significant bitcoin price increase.

[stepman]

You have to be patient if you want to profit from bitcoin, this time the market is red and there is a decrease in every crypto coin. Be patient and be optimistic then you will get the sweet profit from the crypto but be patient in the next months bitcoin will be stable again

[DominicBonwick]

It's raising or fall just is the change of this industry, but I'm afraid that the price can fall lower  Everyone who join BTC society don't hope the price down. But the fact now make me have a little bit nervous.

[Karie_Legend]

Almost all markets bepedoman with the rise and fall of Bitcoin prices until now. so Bitcoin no one can beat.

[uyenkt]

At present, Bitcoin's market has fallen sharply but bitcoin users are still waiting for the bitcoin market price to increase towards the end of 2018.

[necessaryyou]

Crypto is acceptable enough to stabilize, bitcoin prices drop 60% from ath and that's just a slight adjustment, but the price of shitcoins is 600% down, that's dumping! But their diversion is primarily aimed at getting more bitcoin by using the altcoin price fluctuations suddenly undergoing special pumping in just a few minutes.

[mojo2208]

At the moment, there can be no certainty. The market is very volatile now, but in the future everything will be fine.

[miniyou]

Now market confidence is come back from last six months bitcoin price was stuck at 6000$ and not moving investors was thinking bitcoin price will never be in uptrend but in July bitcoin crossed 7000$ price so this is the good sign for market but with bitcoin uptrend Altcoins market in downtrend so this is the good opportunity for buy altcoins and now market is giving confidence to investors who invested in bitcoin.

[jgaspar]

Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?

Well, the fact that Altcoin prices are still tied to the Bitcoin level shows that market confidence is still kept in Bitcoin as before. In addition, Bitcoin has won its domination. Bitcoin has its first advantages, and as long as it has time to innovate and develop, no other coin will replace it.

[bohr]

I believe, against all the odds, bitcoin will finally "recover" to restore its high price, which will show that most people, even probably the haters, believe in it more than in any other coin. I might be wrong, or course, but time will show. Let's just wait and support each other in what we do

A recovery has started already, what we do not know is how long this is going to last, there are very reliable rumors that the reason for this price increase has to do with the pending approval of an ETF and there are rumors the ruling could be positive which could be groundbreaking for the market and this will surely attract a huge mount of money to the market.