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.

I also think the same, the price of bitcoin is high only because it has demand, people have trust on it, and are converting their money to bitcoin in order to use it for their business and other purposes, and if people were not have trust on it then there would no existence of it.

I agree with you whenever the demand of bitcoin is increased the value of bitcoin is increased , and in the last weeka big increase in the price of bitcoin is only because people are preparing for getting profit from the halving event and so they are buying.

Price is going higher at a moment but even if in future price drops then we should still keep on believing in bitcoin as it has a great future ahead involving higher price.

If we keep believe on bitcoin and stay in support with it and do not sell all the coins to get rid from it then I don't think that the price will go down.

Price will only go down if we not using bitcoins anymore, I don't think the whales has something to do with the price increase. Is the demand of the majority that dictates the price, the price manipulation is already over.

Only holding will not be the best option, bitcoin should be spent or sell at regular intervals, and I think this is the right time to sell and enjoy some profits out of it.