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Topic: [2017-07-18]Bitcoin, Ethereum Bounce Back Hard To Reach $2,400 and $240 (Read 6318 times)

newbie
Activity: 14
Merit: 0
i think it s safe to say that eth volatility up to 15% a day is normal. Although it might not look promising for newcomers and scare them off
hero member
Activity: 1274
Merit: 622
It was a good news, but right now we are below $2,300 unfortunately.

Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.
I don't know where suggestions about bitcoin's death after the 1st of August come from. I have heard that in the future we will see only the growth. I'm sure that speculates are celebrating now, cause of with negative information which provoked the panic they could buy cheap coins. I have heard that even Wall Street is promising a big price for bitcoin (55000$) just in five years. Wall Street is respected place and I'm used to believe to their prognozes.

I agree with you because I try to listen to people who know better too. I've never heard about $55,000 for 1 BTC possibility in five years, but I believe the prediction makes sense.
hero member
Activity: 770
Merit: 605
Good news, possibly August 1 will be smoother and no hardfork will be seen. Hopefully, we'll see.
hero member
Activity: 588
Merit: 500
It was a good news, but right now we are below $2,300 unfortunately.

Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.
I don't know where suggestions about bitcoin's death after the 1st of August come from. I have heard that in the future we will see only the growth. I'm sure that speculates are celebrating now, cause of with negative information which provoked the panic they could buy cheap coins. I have heard that even Wall Street is promising a big price for bitcoin (55000$) just in five years. Wall Street is respected place and I'm used to believe to their prognozes.
sr. member
Activity: 1008
Merit: 355
Well, this is quite expected. The depressing trend was due to that fear of the possible split and since it is almost gone (hopefully nothing untoward incident can crop up) then the value is now back on going up again. This is still normal for Bitcoin, anyway.

After August 1 when things will finally get clear as to the scaling solution, we are expecting a roaring Bitcoin so for people who still have funds out there getting into Bitcoin is here. Bitcoin can possibly reach $3,000 even before the end of the year.
legendary
Activity: 2576
Merit: 1655
Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.

Problem here is that people are infecting each other with non/false information. It has gone so far, that people let their pee go as soon as they think about everything that may or may not happen at the first of August. Let them sell as much as they want, because one thing is sure, they WILL buy back at far higher levels. They start with 1 BTC for example, and due to the selling at lower levels, and buying back at higher levels, they end up with 0.5 BTC. It's capital destruction, but they don't realize it yet.... Smart people get wealthier and wealthier, while idiots only see their wealth constantly shrink.
good point if those dumpers only realized it much earlier i think the value won't go down up to this limits they been tricked by the bag holders which
just shaking the market and make many fuds to scares investors perhaps we just needed to act wisely before making any decision watching the dump
with an open mind knowing that bounce back will happen next will let us safe in any harm of the whales.

Exactly and the most that have done that is those people that just went to bitcoin trading and think that they will gain a huge profit easily. Later realizing that it was not meant to be so they can choose to sell it without thinking that they are in the losing end of it. That's why we always heard that the 'weak hands are shaken' adage. Speculation FUD waves and the market reacts. Simply as that.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.

Problem here is that people are infecting each other with non/false information. It has gone so far, that people let their pee go as soon as they think about everything that may or may not happen at the first of August. Let them sell as much as they want, because one thing is sure, they WILL buy back at far higher levels. They start with 1 BTC for example, and due to the selling at lower levels, and buying back at higher levels, they end up with 0.5 BTC. It's capital destruction, but they don't realize it yet.... Smart people get wealthier and wealthier, while idiots only see their wealth constantly shrink.
good point if those dumpers only realized it much earlier i think the value won't go down up to this limits they been tricked by the bag holders which
just shaking the market and make many fuds to scares investors perhaps we just needed to act wisely before making any decision watching the dump
with an open mind knowing that bounce back will happen next will let us safe in any harm of the whales.
legendary
Activity: 1232
Merit: 1091
Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.

Problem here is that people are infecting each other with non/false information. It has gone so far, that people let their pee go as soon as they think about everything that may or may not happen at the first of August. Let them sell as much as they want, because one thing is sure, they WILL buy back at far higher levels. They start with 1 BTC for example, and due to the selling at lower levels, and buying back at higher levels, they end up with 0.5 BTC. It's capital destruction, but they don't realize it yet.... Smart people get wealthier and wealthier, while idiots only see their wealth constantly shrink.
hero member
Activity: 1274
Merit: 622
It was a good news, but right now we are below $2,300 unfortunately.

Do people really think bitcoin will end after Aug 1? I think it will rise and that's why people who selling now at low prices will regret doing it.
full member
Activity: 266
Merit: 100
No one was interested in a hard fork. It was bluff
sr. member
Activity: 2618
Merit: 439
Bitcoin, Ethereum Bounce Back Hard To Reach $2,400 and $240

Bitcoin has rebound to $2,400 and Ethereum is up 25 percent in a day as optimism returns to cryptocurrency markets in a big way.

The shift into the green coincides with reaching the required consensus for BIP 91 to lock in for Bitcoin. This paves the way for SegWit activation without the need for a hard fork.

Meanwhile, Ethereum has recovered spectacularly from last week’s seismic losses, currently trading at an average of $242 according to Coinmarketcap.

https://cointelegraph.com/news/bitcoin-ethereum-bounce-back-hard-to-reach-2400-and-240
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