Re: Do you still believe in bitcoin

The main reason for buying should be the fact that it is a great technology and even its haters confirm it.

Here is the big deal here. Bitcoin even without its high price still the most convenient currency to use with in dealing on our money, whether to send and receive because it's technology really giving us a no hassle experience in terms of payment.

But with the price increase, many takes this as an investment which also brings good output to this currency as we see it today.

Yup. Many people here say Bitcoin is good and great because the price has gone up nicely in the last months. But as you also said, Bitcoin is great in many aspects regardless of the price. Some people need to realize that.

Yeah I will continue to believe in bitcoin. if bitcoin still has a high value. because if the bitcoin prices are very low, meaning the trust people have been reduced to bitcoin. the price is most important to make a confidence in the bitcoin. if the high price of course everyone put their trust in bitcoin.

For well experienced Bitcoiners trust in Bitcoin is not connected to the price. But that's completely different for people who are new or don't put much support in Bitcoin. For them a high price equals high trust, that's right.

You should put your trust on the system itself, not only on the price of it. Price will always fluctuate, but if the system and the technology in it is intact and continuously growing, with good support, then it can overcome all trials. Low prices and negative publicity will all go away once bitcoin proves that it is a better payment scheme and a good and stable currency.