I think it will gather support now and then next week it try again the 6k.
That’s true. Only those who are new to cc crypto market will panic when the bitcoin will decrease little bit in value in order to touch 6k or even 7k dollars before the commencement of New Year. At present, it is the best time to enjoy some profit of your patience and hard work with bitcoin. Bitcoin is though going to increase in value further but cashing out at present is also not bad. 
Topic: BItcoin Dump in 3,2,1... (Read 1430 times)
I think this might be one of the most obvious trades in the history of crypto. Bitcoin getting pumped by idiots who don't understand bitcoin gold is garbage. Then they will want to buy altcoins.
You stole the words out of my mouth... can't agree with you more.
Just give it some time, you'll see a swing.
I think this might be one of the most obvious trades in the history of crypto. Bitcoin getting pumped by idiots who don't understand bitcoin gold is garbage. Then they will want to buy altcoins.
Pretty sure it will drop after the fork. There's alot of newcomers in the market who don't know what's going on and rely only on reddit as a source of info. Those people are just there for the free money and will probablybulk sell for fiat after the fork. Let's see!!
I think it will gather support now and then next week it try again the 6k.
Not yet, Bitcoin has to hit 6k first
What has happened now/ previously days proves that it is most likely and possible that it is just a matter of short waiting time and it would be so soon, hopefuly!
This is the concern I had as well. It will be interesting to see what happens, and where the money goes after the fork.
my question is, when the fork happens later this month, I'm assuming there will be mass dumps afterwards. when there are, do you think people will put their money into alt's, or pull it out into fiat? this is my worry/concern.
now it is time.. already falling from 5800 to 5500.. but the worst part it is that there is a conversion to fiat, as market cap decreased from 176.000M to 169.000M..
hope rest of the money goes to alts!
hope rest of the money goes to alts!
so true. the little market 'correction" dropped bitcoin back down to 5500, but I don't think that will stay for long. by mid next week it'll be rising again.
SO you think Bitcoin will dump and will result in Altcoins price to rise, the issue here is that the buying order for most of these coins have disappear and will likely continue for some time before confidence is back in them
Perhaps bitcoin will never be below 5K. Now a small pullback after the fork 6.5 and mushrooms rolled back to 5 after the new year again growth. And the violas will drop from side to side because of BITCOIN..
now it is time.. already falling from 5800 to 5500.. but the worst part it is that there is a conversion to fiat, as market cap decreased from 176.000M to 169.000M..
hope rest of the money goes to alts!
hope rest of the money goes to alts!
My beloved altcoins beginning to rise again... everlasting glory to cryptomarket!
Although the bullish trend has slow down and it seems to be reversing, but i think $6K is a figure that will most likely resist the trend and once BTG is distributed, guess BTC will hang within $5k and that would be our new support level
Reversing? It crossed $5000 a couple of days back and is hovering around $5500. I wouldn't call this a a trend reversal. Bitcoin gold is actually irrelevant to Bitcoin's price. We are just waiting before Bitcoin really takes off.
My beloved altcoins beginning to rise again... everlasting glory to cryptomarket!
Bitcoin will go 6000 dollar value before the upcoming fork and after that bitcoin will stay at 5000 to 5500 dollar level by the end of the year
Seems altcoins nation is very much affected and bleeding because of the trend in the upcoming fork. Maybe your right after fork its altcoin time to rise its price and its another easy money
Don't be too sure yet, the fork hasn't happened yet. So most likely bitcoin will dump around the fork time or after the fork. So let's brace ourselves once the fork will be done and everyone will be back to the alternate coins then. And yeah, most will dump the bitcoin gold for sure.
Just a slight drop in BTC now, the price might increase in the week before the fork. Get ready to buy more altcoins
My beloved altcoins beginning to rise again... everlasting glory to cryptomarket!
Altcoins market has started to pick again as bitcoin core's investors find it very difficult to continue buying at the price we are now $5768. The ask price of most of the major popular altcoins like ethereum and litecoin is increasing and even the volume of trade is increasing across most of the exchangers sites. Ethereum is currently around $341 after breaking the upwards channel around $307. Litecoin on the other hand has moved up to around $59. Though bitcoin as they fathers did not carry them along and keep them behind when it get pump three days ago above $1000 increase within 24 hours. Well since alt coin is on the rise, the people who will dump BTC will most likely invest it in altcoins. Either that or that they are the ones who bought BTC at around $3,500 a month ago. Some would most likely want to get returns in their investment and a $2,000 gain is nothing to laugh at. That is like an almost 70% profit for people who bought BTC during the China crisis.
and much more... there sure is people that bought around 2900 during the middle september crisis..that is 100% profit with BTC.. absolutely incredible
Not yet, Bitcoin has to hit 6k first
What this genius said I think the same things are going to happen. Bitcoin still gonna be on the rise for another week or so I think. Once the snapshot happens directly afterwards you should see a sell off of bitcoin and that
crash will be epic (not as epic as earlier btc crashes but still) relatively it will be big. I would predict that bitcoin drops sub 5k but I dont do much TA on bitcoin so that is my best guess only.
I agree with you... I think there is going to be a HUGE rotation. I'm going to try to rotate about 3 days before the split. There is a good chance, however, that I am wrong.
Good luck full member
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Not yet, Bitcoin has to hit 6k first
What this genius said I think the same things are going to happen. Bitcoin still gonna be on the rise for another week or so I think. Once the snapshot happens directly afterwards you should see a sell off of bitcoin and that
crash will be epic (not as epic as earlier btc crashes but still) relatively it will be big. I would predict that bitcoin drops sub 5k but I dont do much TA on bitcoin so that is my best guess only.
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