Bitcoin is fluctuating. Is it a high time to sell or buy? - page 2.

d5000

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Decentralization Maximalist

Quote from: Mr.grin on August 02, 2017, 10:45:48 PM

Fever segwit just ended [...]

I disagree. The Segwit fever is only beginning. BIP91 got approved without problems, but many people have distrusted the miners involved in the New York Agreement - they thought they could go back and continue to block SW, or even support Bitcoin Cash after the fork.

Now Bitcoin Cash had only 3-4% hashrate support (no, Jihan didn't participate!) and every day it's less likely that Segwit will fail. If we hadn't the August 1 split event (which many people thought of being bearish, because of possible dumps of "big blockers" that went all in in Bitcoin Cash) then we probably would already have passed the all time high. The big blocker dumps perhaps will continue some days more, but around August 8-9 (when Segwit is about to lock in) I expect a strong upmove and a new attack on $3000 USD.

So in my opinion it's time to buy. But as ever - only invest what you can afford to lose.

Fourgh

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Activity: 196

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Quote from: arwin100 on August 02, 2017, 11:27:08 PM

Quote from: logicgate on August 02, 2017, 10:52:28 PM

Quote from: daxiake on August 02, 2017, 09:53:52 PM

For me this is the best time to buy bitcoins as price is still affordable to make an purchase as everyone is speculating that price will touch $4000 in this year so buying at current price can be profitable if you sell when bitcoin reaches to that price.

Yes right that time is very good and best to buy it and also affordable to any person, I think everyone needs to invest their 90% or 80% income in bitcoin, and if those person can not afford it's price or have no more money to buy it also he needs to 10% or 20% income invest in bitcoin because I am also 100% sure after short time they make very high amount of money in bitcoin because its price will touch 3500$ or 4000$ very soon.

Their are certain scenario that makes me doubt on how could bitcoins pump for these situation since if you can see the in the market their are two coins with similar chains are running for now and investors will might get a doubt with it on where would they put their capital since both of those coins are having a good time for their floating their. And I think since the other similar chain is their the real bitcoins well became stable for these days.

Yes, I hope the Bitcoin Cash is not a rich man's gimmick to manipulate the virtual landscape of Bitcoin.

Fourgh

member

Activity: 196

Merit: 10

Quote from: Mr.grin on August 02, 2017, 10:45:48 PM

Well, maybe the best thing to do is hold it. Fever segwit just ended, and maybe bitcoin transaction will be faster. It is possible that bitcoin prices will rise drastically, perhaps within months or at the end of the year. Well, if you do not have bitcoin, then collect as much.

This Bitcoin fork has many holders worrying for the past 24 hours since the fork ended. The Bitcoin Cash effect is still to be felt in the next few days. Timing is very important at this point of time. Hopefully we can sell when the price suddenly drops before incurring loss and buy when it seems to go up again.

arwin100

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Jack of all trades 💯

Quote from: logicgate on August 02, 2017, 10:52:28 PM

Quote from: daxiake on August 02, 2017, 09:53:52 PM

For me this is the best time to buy bitcoins as price is still affordable to make an purchase as everyone is speculating that price will touch $4000 in this year so buying at current price can be profitable if you sell when bitcoin reaches to that price.

Yes right that time is very good and best to buy it and also affordable to any person, I think everyone needs to invest their 90% or 80% income in bitcoin, and if those person can not afford it's price or have no more money to buy it also he needs to 10% or 20% income invest in bitcoin because I am also 100% sure after short time they make very high amount of money in bitcoin because its price will touch 3500$ or 4000$ very soon.

Their are certain scenario that makes me doubt on how could bitcoins pump for these situation since if you can see the in the market their are two coins with similar chains are running for now and investors will might get a doubt with it on where would they put their capital since both of those coins are having a good time for their floating their. And I think since the other similar chain is their the real bitcoins well became stable for these days.

Fourgh

member

Activity: 196

Merit: 10

Quote from: Pearls Before Swine on August 02, 2017, 10:05:36 PM

Not saying you can predict future price movements from past ones, but usually
after stalling out we then start a new bull run up. That's what I think is going
to happen right now. So yeah, now's a good time to buy. I don't think we're
anywhere near the top, short or long term. And I wouldn't sell any bitcoin if you
have it.

Yeah, everyone's monitoring the price since the fork ended. By the looks of it, it is still too early to tell the full impact of Bitcoin Cash.

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: daxiake on August 02, 2017, 09:53:52 PM

For me this is the best time to buy bitcoins as price is still affordable to make an purchase as everyone is speculating that price will touch $4000 in this year so buying at current price can be profitable if you sell when bitcoin reaches to that price.

Yes right that time is very good and best to buy it and also affordable to any person, I think everyone needs to invest their 90% or 80% income in bitcoin, and if those person can not afford it's price or have no more money to buy it also he needs to 10% or 20% income invest in bitcoin because I am also 100% sure after short time they make very high amount of money in bitcoin because its price will touch 3500$ or 4000$ very soon.

betlord90

hero member

Activity: 630

Merit: 500

Quote from: Fourgh on August 02, 2017, 06:32:01 PM

According to the charts in https://www.coindesk.com/price/ as of this time, price has been fluctuating slowly for the Bitcoin after the fork.
Is it time for Bitcoin holders to sell or hold on to their coins? Or to move and invest to the newly found Bitcoin Cash?

I can't guarantee for now that we can earn by staking with this for more longer days but if you are desperate and afraid from some losses you could sell the little portion of your coins and save those remaining for long term goal, Remember the hard fork is finish and we might gonna see some major changes of bitcoins for this days.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Well, maybe the best thing to do is hold it. Fever segwit just ended, and maybe bitcoin transaction will be faster. It is possible that bitcoin prices will rise drastically, perhaps within months or at the end of the year. Well, if you do not have bitcoin, then collect as much.

Pleione527

full member

Activity: 266

Merit: 111

I think the reason why theres a fluctuations happening is because the value of bitcoin will going to rise again there will be a sudden decrease so that holders get panic and sold their bitcoin but after a week it will go up again and probably reach to $3000 to $4000...so for me i'd rather keep my bitcoin and if the price decreases i will take the opportunity to invest...I'm very positive thatit will turn out good after sometime

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Not saying you can predict future price movements from past ones, but usually
after stalling out we then start a new bull run up. That's what I think is going
to happen right now. So yeah, now's a good time to buy. I don't think we're
anywhere near the top, short or long term. And I wouldn't sell any bitcoin if you
have it.

daxiake

hero member

Activity: 688

Merit: 500

For me this is the best time to buy bitcoins as price is still affordable to make an purchase as everyone is speculating that price will touch $4000 in this year so buying at current price can be profitable if you sell when bitcoin reaches to that price.

Fourgh

member

Activity: 196

Merit: 10

According to the charts in https://www.coindesk.com/price/ as of this time, price has been fluctuating slowly for the Bitcoin after the fork.
Is it time for Bitcoin holders to sell or hold on to their coins? Or to move and invest to the newly found Bitcoin Cash?

Topic: Bitcoin is fluctuating. Is it a high time to sell or buy? - page 2. (Read 987 times)