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Topic: 1 August 2017, Does everyone think it is effect to bitcoin price or not? (Read 2896 times)

full member
Activity: 938
Merit: 137
The events that will take place on the first of August will in any case affect the course of bitcoins. If everything is resolved safely, then bitcoin will continue to grow in price. It is also possible that the number of bitcoins after the first August will double. What will happen to his course then? In any case, we are on the threshold of grandiose events.
full member
Activity: 526
Merit: 100
markaccy.io

Too many were discussing it since were curious what may really happens, we were getting worried at the same time. Well let's just hope it will recover as fast as possible.
Everyone is worried and that's normal. They are afraid of losing their money, today many traders are getting dizzy, their money in sales position while the market is not conducive. Altcoin bleeds following BTC prices. 2 months this situation will end.
hero member
Activity: 504
Merit: 500

yes many people is worried with august 1, i think we don't have to worried. i think before they do something, better they read about explanation that we can do in august 1 and i think its important to not making a transaction in august 1 until there is any update news from the dev and the team.
in fact people feel their investment as insecure and risky in bitcoin tell 1st August and therefore they are currently not taking in bitcoin  interest but after 1 August i am sure that tie price of bitcoin will start increasing and this time i am hopeful that is price will reach to a high price.
member
Activity: 112
Merit: 10
The extremely rapid rise up is the problem. With high volatility of course it might crash. But if it goes up slowly I think it has a lot of staying power.

Nobody can predict future, except maybe the whales manipulating the markets Cheesy
sr. member
Activity: 938
Merit: 256
Nowadays some people have been worried about the anxiety about drastically reducing bitcoin prices, and some bitcoin users are definitely selling bitcoins because they feel bitcoin prices will continue to fall down, but for those who have strong confidence in bitcoin certainly hold it firmly. They buy bitcoin because the price is going down.
hero member
Activity: 560
Merit: 500
There is such a rule in the bitcoin land. When there are some major changes to happen, few months before there are always a major drops in the price. By the time the change happens, there are noone left to sell, that would be willing to sell otherwise.

I do not know if people want to outsmart others, are scared that bitcoin can go to zero. All i know is, that it means that bitcoin has too much speculation money for its own good, and way more speculation than the uses. Thats a sad part. The happy part is that its always bounces back. Its like its second rule.
hero member
Activity: 1610
Merit: 507

yes many people is worried with august 1, i think we don't have to worried. i think before they do something, better they read about explanation that we can do in august 1 and i think its important to not making a transaction in august 1 until there is any update news from the dev and the team.
hero member
Activity: 686
Merit: 510
well splitting may not necessarily be bad. We may want to get rid of these chinese miners who try to make maximum profit only for themselves. This will support long term healthy growth of bitcoin.
Splitting Bitcoin is better than diminished of Bitcoin. Many miners and traders will quit in Bitcoin if it would happen on August 1. Investors will be losing their businesses, money and time. All hard work people to earn 1 bitcoin in a month will be worthless in just one day. For me, it is a sign that government will be in the technology of bitcoin. 
sr. member
Activity: 602
Merit: 259
I am pretty sure the segwit2x will affect the price of bitcoin. The reason is due to the fact that it will create two different currencies of bitcoin. There will not be any cloning from there onwards which is the case currently. The cloning was after effect when you do a transaction. Now this won't be the case and each currency that formed due to this split will lead to independent transaction thus the price will depend on the best supported currency. This is not clear which one will have what value.
legendary
Activity: 1638
Merit: 1046
Similar posts are already raised and answered by many bitcoiners. You can refer them to get your problem solved. I would like to answer your question.
bitcoins price may increase a lot or decrease after August 1. If you want to invest in bitcoin, you can wait till the month end. According to me, Price of 1 Bitcoin will surely decrease untill the month end then you can purchase bitcoins and wait till August 1. The all we can do it wait and watch.
You are not realize what actually happen to bitcoin. Bitcoin just upgrading why people are selling because they don't know what will happen in august 1 they are afraid because of words from competitors that bitcoin will crash too high that i think people are afraid that bitcoin will be die soon so if they don't sell their bitcoin they will lose..
The fact its impossible that bitcoin will drop to high if you can think deeply what bitcoin already done look at japan they already legalized bitcoin and some country that accepting bitcoin as payment brazil paris or australia and other big business  and company online like steam and namecheap and other company are accepting bitcoin as payment..
So i realize that its impossible that developer let the price down they are just upgrading bitcoin with new feature. and expect that the price will increase more high people who are sell their bitcoin regret in the end.
sr. member
Activity: 469
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
1 August 2017, Does everyone think it is effect to bitcoin price or not?

I would like to know.
should I buy bitcoin right now or just wait after 1 August 2017.

If everyone predict that the price is fall down after 1 August 2017 then I will wait and see it.

thank you.


what do you think about price?

Hey, your pretty new to the forum, so I would recommend that you search what you want to know on the search bar on the right side of the forum before posting threads about it.

Now onto your question, what I think is happening now, is people are being scared of Segwit and then they are panic selling their bitcoin, because they think that bitcoin will die after Segwit. What I think is totally different, and I speculate that the price of bitcoin will go back up to around 2800 USD after August the first. We will have to wait and see what happens

 
sr. member
Activity: 756
Merit: 253
Similar posts are already raised and answered by many bitcoiners. You can refer them to get your problem solved. I would like to answer your question.
bitcoins price may increase a lot or decrease after August 1. If you want to invest in bitcoin, you can wait till the month end. According to me, Price of 1 Bitcoin will surely decrease untill the month end then you can purchase bitcoins and wait till August 1. The all we can do it wait and watch.

Well that's according to you but I hat if it starts rising again from day later tomorrow? That's why it's always better to buy and hold at any moment you have the chance because it is way too low at the moment and it couldn't be better to buy it now and hope to make gains after the prices start going up.
sr. member
Activity: 560
Merit: 286
Similar posts are already raised and answered by many bitcoiners. You can refer them to get your problem solved. I would like to answer your question.
bitcoins price may increase a lot or decrease after August 1. If you want to invest in bitcoin, you can wait till the month end. According to me, Price of 1 Bitcoin will surely decrease untill the month end then you can purchase bitcoins and wait till August 1. The all we can do it wait and watch.
hero member
Activity: 770
Merit: 500
Bazinga!
i think it will drop much but it will recover again within few months

i really doubt that recovery can take that much time!
the fear is only temporary. we ever saw the same fork fear back when price reached the ATH of $1250 and then fell because of FUD and fear that it spread. you can see the recovery was super fast!

this time will also be fast. when the Aug 1 comes and goes and SegWit activates people will realize how silly they were and how much money they have lost by selling bitcoin too late and at the bottom because someone spread FUD!
hero member
Activity: 2926
Merit: 795

Too many were discussing it since were curious what may really happens, we were getting worried at the same time. Well let's just hope it will recover as fast as possible.
sr. member
Activity: 610
Merit: 261
i think it will drop much but it will recover again within few months
hero member
Activity: 1078
Merit: 514
Well yes, some people are afraid of the chain split, because their bitcoin might be lost during the process of splittiing so, they will panic selling as their countermeasure to prevent the loss of their invested money. But due to panic selling, bitcoin price started to crash to the ground. But on the other hand this is a good opportunity for us who knows what to do to buy bitcoin.
Where the information about loosing a part of the coin was taken from? I think it's just impossible. Ok, even if it would be possible SegWit2x wouldn't be accepted, because of it's accepted to change the working process, but not to tans of people may loose their bitcoins. I think exactly such comments and opinions make people to get panic and sell their founds.
sr. member
Activity: 518
Merit: 271
Well yes, some people are afraid of the chain split, because their bitcoin might be lost during the process of splittiing so, they will panic selling as their countermeasure to prevent the loss of their invested money. But due to panic selling, bitcoin price started to crash to the ground. But on the other hand this is a good opportunity for us who knows what to do to buy bitcoin.
sr. member
Activity: 616
Merit: 251
well splitting may not necessarily be bad. We may want to get rid of these chinese miners who try to make maximum profit only for themselves. This will support long term healthy growth of bitcoin.
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