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Topic: Bitcoin is now dropping again (Read 2410 times)

sr. member
Activity: 1484
Merit: 254
July 28, 2017, 02:17:59 AM
#60
I think the number of negative issues and users who are still loyal to the factor that causes the price will continue to rise and fall significantly, and never predict before.
hero member
Activity: 644
Merit: 500
July 28, 2017, 12:49:54 AM
#59
in my opinion the price of bitcoin is back on the ascending numbers $2700, and indeed from some time ago that bitcoin declined again, but for now price bitcoin is back again so much that some investors are starting to take some precautions so that the price of the bitcoin does happen to fall down again. I am sure the price will be stable after August bitcoin and expect this will be good news for ebjadi users of the bitcoin but should we still need to carefully
Remember the market and whales always doing the opposite the choice of most trader on market. So, when have more people think Bitcoin drop down, market will make Bitcoin increasing, and when think increasing to highest price as past week, the price of Bitcoin has correction to $2400 Grin
sr. member
Activity: 630
Merit: 250
July 27, 2017, 11:41:30 PM
#58
in my opinion the price of bitcoin is back on the ascending numbers $2700, and indeed from some time ago that bitcoin declined again, but for now price bitcoin is back again so much that some investors are starting to take some precautions so that the price of the bitcoin does happen to fall down again. I am sure the price will be stable after August bitcoin and expect this will be good news for ebjadi users of the bitcoin but should we still need to carefully
In the market, crypto-currencies are always stable and at the right time even succumbed to artificial manipulation. So the price fluctuations, it's not a reason to think that Bitcoin is prone to failure. At least his time has not come yet.
sr. member
Activity: 518
Merit: 250
July 27, 2017, 08:29:27 PM
#57
in my opinion the price of bitcoin is back on the ascending numbers $2700, and indeed from some time ago that bitcoin declined again, but for now price bitcoin is back again so much that some investors are starting to take some precautions so that the price of the bitcoin does happen to fall down again. I am sure the price will be stable after August bitcoin and expect this will be good news for ebjadi users of the bitcoin but should we still need to carefully
legendary
Activity: 1036
Merit: 1002
July 27, 2017, 06:51:47 PM
#56
This changes is normal this how people make profit if bitcoin is stable on that price maybe they will hate bitcoin because they can't even make profit from the mother of all coins and they will depends only from alternative coins which is it is really hard to wait or make profit from a month and you need to buy tons of coins to make a good profit from it. The movement of bitcoin the price increase and down is the sign of bitcoin that bitcoin is getting and getting more stronger  and in demand by time to time.
legendary
Activity: 3500
Merit: 3237
Happy New year 🤗
July 27, 2017, 06:45:58 PM
#55
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.

Ya Obviously right. Their will be rise and fall of price in bitcoin.Bitcoin is like roller coaster. It's price will increase or decrease day to day. Due to people panic ,this may occur. They sell the bitcoin due to this too.If you want huge profit means, sell your bitcoin at correct time.
The price of bitcoin already bounce back again. that can be a reason those are trying to make the market become panic. The market direction of bitcoin is predictable. and that was so funny to play the bitcoin in this time.
It will always be jump up and down again. At the end of the statement i agree with you.
The movement of the price of bitcoin today is just a normal price movement look at the price if you seen price drop even just a little drop there are other investors are buying more bitcoin that can increase the value more high..
Or i think there are some other traders and investors are afraid what will happen in bitcoin this coming august..
Since segwit is already been tested i think it will not be affected. the big issue right now that i think it can affect the value of bitcoin is the BTC-e
Hoping it will never be the same mt.gox..
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
July 27, 2017, 06:15:02 PM
#54
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.

Ya Obviously right. Their will be rise and fall of price in bitcoin.Bitcoin is like roller coaster. It's price will increase or decrease day to day. Due to people panic ,this may occur. They sell the bitcoin due to this too.If you want huge profit means, sell your bitcoin at correct time.
The price of bitcoin already bounce back again. that can be a reason those are trying to make the market become panic. The market direction of bitcoin is predictable. and that was so funny to play the bitcoin in this time.
It will always be jump up and down again. At the end of the statement i agree with you.
full member
Activity: 154
Merit: 100
🌟 eSports ICO: 01/11/2017 🌟
July 27, 2017, 06:02:45 PM
#53
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.

Ya Obviously right. Their will be rise and fall of price in bitcoin.Bitcoin is like roller coaster. It's price will increase or decrease day to day. Due to people panic ,this may occur. They sell the bitcoin due to this too.If you want huge profit means, sell your bitcoin at correct time.
Bitcoin has always a reason for every price variation happening and not just like a roller coaster. Many people knows bitcoin price is volatile but didn't aware on reason behind it.
I agree some users were panic when see bitcoin price smoothly decreasing their value, but they can't think that sometimes bitcoin do that as part of their marketing strategies. Because the lower prices of bitcoin in the market place the more investors or investment they get.
It seems to me that it's even better that Bitcoin thus attracts more and more investors. When Many will want to earn with Bitcoin, then Let it work even in this direction and it grows even the popularization of the crypto currency. It seems to me that there is nothing wrong with that.
hero member
Activity: 630
Merit: 500
July 27, 2017, 03:37:16 PM
#52
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.

Ya Obviously right. Their will be rise and fall of price in bitcoin.Bitcoin is like roller coaster. It's price will increase or decrease day to day. Due to people panic ,this may occur. They sell the bitcoin due to this too.If you want huge profit means, sell your bitcoin at correct time.
Bitcoin has always a reason for every price variation happening and not just like a roller coaster. Many people knows bitcoin price is volatile but didn't aware on reason behind it.
I agree some users were panic when see bitcoin price smoothly decreasing their value, but they can't think that sometimes bitcoin do that as part of their marketing strategies. Because the lower prices of bitcoin in the market place the more investors or investment they get.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
July 27, 2017, 11:17:21 AM
#51
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.

Ya Obviously right. Their will be rise and fall of price in bitcoin.Bitcoin is like roller coaster. It's price will increase or decrease day to day. Due to people panic ,this may occur. They sell the bitcoin due to this too.If you want huge profit means, sell your bitcoin at correct time.
hero member
Activity: 952
Merit: 500
July 27, 2017, 09:52:21 AM
#50
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
Bitcoin's price has started to recover once again.All the previous happenings and fall in price was due to FUD spread by big whales that hard fork is going to happen.Big whales encouraged panic selling by this way among weak hands and they just grabbed bitcoins at cheap price from their hands.But now,every one has started realizing that bitcoin will not split and hence the price rise.
sr. member
Activity: 700
Merit: 277
July 27, 2017, 09:44:20 AM
#49
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
Yes agree, it depends on the demand, the stock, and the speculators who want to benefit from rising or falling bitcoin prices. I think this is normal, decentralization is like this.
hero member
Activity: 910
Merit: 511
July 27, 2017, 08:31:47 AM
#48
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.

it seems we are getting high volatility arount 2K$.
i think direction will be strong after 1 Aug.
Just wait if fork occurs and how it will be managed.
sr. member
Activity: 602
Merit: 265
July 27, 2017, 08:12:11 AM
#47
Bitcoin drops and rises all the time.It is the nature of the coin as a lot of people use it as a speculation tool. Nothing new abut it, and I wish people would panic less whenever there is a price dip. Everything that goes up must come down.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
July 27, 2017, 01:47:21 AM
#46
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

Maybe you are right that it is about the split that will happen in order to produce the new coin, the Bitcoin Cash (BCC). However, I think that it does not give the community a fright or whatsoever. It seems the drop is just a small correction. Nothing is to be worried for now but preparing for August 1 is advised just like the post of theymos himself.
In fact, I heared Bitcoin Cash just altcoin use old blockchain when BIP148 active. If before July 31st active BIP141 complete all, not have BIP148 in August 1st and not have issue about Bitcoin network split chain. Just fake news helps whales buy a huge amount Bitcoin with cheap price Roll Eyes
sr. member
Activity: 490
Merit: 256
July 27, 2017, 01:20:46 AM
#45
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

Maybe you are right that it is about the split that will happen in order to produce the new coin, the Bitcoin Cash (BCC). However, I think that it does not give the community a fright or whatsoever. It seems the drop is just a small correction. Nothing is to be worried for now but preparing for August 1 is advised just like the post of theymos himself.
sr. member
Activity: 406
Merit: 250
July 27, 2017, 01:16:16 AM
#44
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

Of course the bitcoin will go down again, nowadays, people are seeing a division with bitcoin, which makes them worry about its future, when the bitcoin is divided, its value will decrease. So many sell it now to preserve their money.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
July 27, 2017, 12:52:07 AM
#43
I would not be surprised if the price falls back to under 2k. Many people will (I did) sell some altcoins to get some free BCC.
And there is also the ICO's cashing out before 1/8

Sellings alts bring a negative sentimate in the market and thus expect it to go down more.
sr. member
Activity: 854
Merit: 262
July 26, 2017, 11:43:17 PM
#42
Low volume rise
sr. member
Activity: 574
Merit: 250
July 26, 2017, 11:29:44 PM
#41
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
It's not hard to understand why the bitcoin goes down, hardfork is still the thing that makes people feel the most nervous, the bitcoin value will definitely go down if it's split, so many people start selling bitcoin to preserve the money. => The price of bitcoin go down.

It is not just the hard fork - there is negative news about btc-e, the SEC restricting ICOs, etc. So the price is kind of being held back now. In a week after the emergence of bitcoincash, things will clear up.

Yeah it's really having good fluctuation in the marketplace and that's right it's nothing to do about hard fork, that's a normal fluctuations which occurs after some spikes of the price. For now we are currently going up again after the dropoings, so expect for many dumps after we hit the few pumps to go.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
July 26, 2017, 08:13:45 PM
#40
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
It's not hard to understand why the bitcoin goes down, hardfork is still the thing that makes people feel the most nervous, the bitcoin value will definitely go down if it's split, so many people start selling bitcoin to preserve the money. => The price of bitcoin go down.

It is not just the hard fork - there is negative news about btc-e, the SEC restricting ICOs, etc. So the price is kind of being held back now. In a week after the emergence of bitcoincash, things will clear up.
sr. member
Activity: 364
Merit: 250
July 26, 2017, 01:53:18 PM
#39
nothing needs to be worry about that. Most of the bitcoiners have already predicted this situation. only 4 more days and there will be the biggest hard fork in bitcoin and because of that fact, the price of bitcoin will surely volatile.
sr. member
Activity: 1400
Merit: 347
July 26, 2017, 01:31:04 PM
#38
$1700 when? I want to buy more.
newbie
Activity: 38
Merit: 0
July 26, 2017, 01:21:12 PM
#37
And do not forget some exchanger announced to close deposit and withdraw on August 1st. So some traders start to move bitcoin into wallet or to fiat
hero member
Activity: 812
Merit: 510
July 26, 2017, 12:52:45 PM
#36
It is dropping more and more and this can be because of the split chain panic many people don't know what to do and they are scared to trust other sources so they are just selling their bitcoins until this problem is completely solved wouldn't blame as they are just investors
sr. member
Activity: 419
Merit: 250
July 26, 2017, 12:23:36 PM
#35
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
It's not hard to understand why the bitcoin goes down, hardfork is still the thing that makes people feel the most nervous, the bitcoin value will definitely go down if it's split, so many people start selling bitcoin to preserve the money. => The price of bitcoin go down.
Not only HardFork can make the price of Bitcoin in yesterday drop down to $2400. You can see after BTC-e down and have many news talking about BTC-e got hacked and related to money laundering by hacker. So, Bitcoin price crashing in yerterday until today
hero member
Activity: 1582
Merit: 523
July 26, 2017, 12:08:05 PM
#34
Ive noticed this bitcoin has dropping again and I taught price is recovering since its high the other day.The uncertain situation will brought of the downtrend but for sure price will regain. So, dont panic this is the normal situation when some release their bitcoin.
full member
Activity: 210
Merit: 100
July 26, 2017, 12:01:50 PM
#33
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
It's not hard to understand why the bitcoin goes down, hardfork is still the thing that makes people feel the most nervous, the bitcoin value will definitely go down if it's split, so many people start selling bitcoin to preserve the money. => The price of bitcoin go down.
sr. member
Activity: 406
Merit: 250
July 26, 2017, 11:27:45 AM
#32
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

The obsession with the new currency that will be created after August 1 has made people lose faith in bitcoin, despite its rapidly rising value, but now it's starting to down, these are inevitable consequences when bitcoin converts.
hero member
Activity: 1330
Merit: 569
July 26, 2017, 05:53:30 AM
#31
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

This is a sure fact even though I was happy about the recovery last week, I had maintained that there is still need to exercise some level of caution because what matter most is sustenance of the increase in which I know the panic will still rise few days to approaching day we are all hoping for. Even now with exchanges suspending activities relating to bitcoin, while users are equally withdrawing to safer wallets, I dont expect anything on the contrary to happen to price.
sr. member
Activity: 2618
Merit: 439
July 26, 2017, 05:11:02 AM
#30
Indeed it's now proven looks a bitcoin prices getting a dropping again, but we just don't panic with it. Use this current as a bought bitcoin or hold investment until the bitcoin price begins to increasing again. And we hope that this is only a temporary decline, not to continue to decline. Keep doing the best in any situation. it's gonna be ok i guess.

But the price is really good for me. What do you expect with the current issue, bitcoin is very fragile. $2500 is still high though, why are people complaining? I cannot fathom about someone seeing a price dip but in all actually the price is still good for most of us. Greed is really a thing nowadays, if the price is going to $3000 we will not be satisfied and says that we want $4000. Just be contented that the price is not below $2000 or $1500 before complaining that bitcoin price is dropping.
hero member
Activity: 1274
Merit: 513
July 26, 2017, 04:48:00 AM
#29
Bitcoin price price as of now dropping again but if you see the price until now its very high compared to the previous price lower than 2000 dollars. To those people have interest to invest in bitcoin you can buy it and for surr you can little profit for shorterm . But If you want to be sure that your money will be safe invest in bitcoin after august1 to prevent losing because we dont know what will happen in august 1.
legendary
Activity: 2170
Merit: 1427
July 26, 2017, 03:53:27 AM
#28
Yes bitcoin will have an unstable value until we reach august 1...

People continue to solely focus on the 1st of August. We're not done with the fud machine until it's clear how things will be just before the hard fork is going to kick in. It's not for certain yet that we are going to see a hard fork just because it is part of the SW2X proposal. Funny thing however is that when the hard fork will kick in like it should, people will panic, and when the hard fork doesn't kick in for whatever reason, people will panic too. Cheesy In that regard, I by that time expect even more turmoil than we have seen already.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
July 26, 2017, 02:32:33 AM
#27
Dont be afraid of the fork. its just an upgrade bitcoin need https://cointelegraph.com/news/bitcoin-price-slides-7-as-bitcoin-cash-emerges-fork-fears
legendary
Activity: 1848
Merit: 1000
July 26, 2017, 02:27:21 AM
#26
Give it a few days and it will fly up just before August 1st, now would be a good time to pick up some, well I hope it will.  We will just have to be strong and hold Smiley
legendary
Activity: 2240
Merit: 1069
July 26, 2017, 02:26:01 AM
#25
As always, it is just another fud trying to shake the newbies away from their bitcoin. And it seems to be effective because the price dropped significantly since last night. If it drops more, i might buy some more bitcoin. if not, i will just ignore this development.
full member
Activity: 266
Merit: 122
July 26, 2017, 02:12:54 AM
#24
Yes bitcoin will have an unstable value until we reach august 1...i think fluctuations will run from time to time but the good thing is it's dropping again so it means many will have the opportunity to buy bitcoin and invest on it I'm confident this decrease will somehow result to good profit afterwards...
sr. member
Activity: 2618
Merit: 439
July 25, 2017, 08:50:05 PM
#23
I thought that Bitcoin price already recover and the investors already sure that we will not fork, but seems like some of the investors still not sure about this news and take precaution, so the price falling down again, I think we will see the stable price after the August

I'm not sure about the situation right now and the situation in the first half of august. Was predicting a price drop but now we have the 2500$ price... I'm planing on investing but waiting for the last possible moment for the price drop and I'm not sure if the price will be dropping before aug.

If you want to buy then now is not the perfect time. Price is still too steep to get it. We will just have to wait and see if the price goes down prior to Aug 1. But I don't see any significant drop similar to what we see weeks ago when it plummeted to ~$1800. Resistance is still high at $2500, although the looming split is already beginning, we still didn't see the price to drop to what we expected. Just stay alert and vigilant.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
July 25, 2017, 08:29:36 PM
#22
I thought that Bitcoin price already recover and the investors already sure that we will not fork, but seems like some of the investors still not sure about this news and take precaution, so the price falling down again, I think we will see the stable price after the August

I'm not sure about the situation right now and the situation in the first half of august. Was predicting a price drop but now we have the 2500$ price... I'm planing on investing but waiting for the last possible moment for the price drop and I'm not sure if the price will be dropping before aug.
sr. member
Activity: 1190
Merit: 306
July 25, 2017, 07:23:46 PM
#21
Yeah hi, this is nothing.  It's a dip.
We were just at $1850 or something like that after hitting $3000, so don't panic, any of you.
Why do people freak out so much when the price drops a couple hundred.  You people must
have missed 2013 entirely.  And this is much better than it was then; we're so close to the
ATH.  Strong hands, people.  Strong hands.
legendary
Activity: 1666
Merit: 1001
July 25, 2017, 07:09:57 PM
#20
I thought that Bitcoin price already recover and the investors already sure that we will not fork, but seems like some of the investors still not sure about this news and take precaution, so the price falling down again, I think we will see the stable price after the August
legendary
Activity: 1162
Merit: 1000
July 25, 2017, 06:56:39 PM
#19
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
This is a reasonable decline. The decline was just about $ 100, so I'm not worried about the current situation.
Maybe a lot of traders are selling, we know that now is the end of the month and they need a little extra money  Grin
hero member
Activity: 910
Merit: 523
July 25, 2017, 06:49:18 PM
#18
I see it the same as you think, people just aware of bitcoin cash that may affect bitcoin price if hard fork happen on August 1st, but the decrease not so significant so far and bitcoin still hold on $2556, I guess it may drop even further on August if bad news about hard fork influence people. But it is not a big deal to cause bitcoin fall hard, maybe $2250 is the lowest price when BCC launched.
hero member
Activity: 798
Merit: 506
July 25, 2017, 05:44:08 PM
#17
Bitcoin Cash is a token that may exist in the near future due to a user-activated hard fork (UAHF) that will bifurcate the Bitcoin blockchain into two branches, there is nothing to worry as miners will always support bitcoin, Bitmain is a pool which stated may support BCC, but they still signaling for bit 1. People just speculate about how hard fork could affect bitcoin price, but as we know bcc is an altcoin which its price determined through supply and demand such as bitcoin. Current price of bcc keep decreasing and may drop harder if everyone get bcc on August 1st as people tend to sell altcoins Cheesy
sr. member
Activity: 531
Merit: 258
July 25, 2017, 05:24:05 PM
#16
Didn't know before reading this thread. Checking preev yeah it's true. You give me a good news man. It means it's time for shopping! Make my wallet great again!
Guys you know, most people in fear are still waiting the last moment to sell their coins, we will see again at least  1 or 2 drop like this one
sr. member
Activity: 248
Merit: 252
July 25, 2017, 03:39:58 PM
#15
My feeling is that we'll have lots of turbulence for the next couple of weeks.   I wish people would just HODL (traders will hate me for saying that).

Tone Vays has been quite vocal and I completely agree with him re BCC.

I wouldn't give it any headspace at all, and just be patient while the market makes its mind up (UP imho, but not just yet).

member
Activity: 88
Merit: 10
July 25, 2017, 03:12:23 PM
#14
I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

there is nothing recent about bitcoin cash, it has been going on for a while now.
the "talk" started a long time ago when BIP148 was starting to get serious.
bitcoin ABC (the client) has been going on for a while.
ViaBTC started selling their cloudmining thing for BCC last week IIRC
ViaBTC added trading for BCC pair 2 days ago. BCC price has been dropping ever since.
bitmain repeated that they were only supporting UAHF if UASF went through 2 days ago and kinda said ViaBTC is on their own

this drop is pure manipulation...

All drops are pure manipulation directed by big whales, from my perspective. But this time we have valid reasons for this bitcoin drop. There should have been one last correction drop before all time high, and now it's taking place.

"All drops are pure manipulation directed by big whales" my god. This has to be hyperbole.
legendary
Activity: 1937
Merit: 1001
July 25, 2017, 03:02:20 PM
#13
Of course it's dropping. What did you expect?

BIP91 lock-in doesn't mean anything.

We will still have the SegWit and SegWit2x hardfork.

We will see 1500 again in the next day or two and itbwill probably drop much lower from there as we approach the break point of 1 August.

And all of that because some people are impatient and don't want smooth protocol changes. Or rather they are in the pocket of Mr. WU.
legendary
Activity: 3150
Merit: 2185
Top-tier crypto casino and sportsbook
July 25, 2017, 02:52:55 PM
#12
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

I guess it's mostly because everyone expected to hit the moon right after the BIP 91 lock in, which led to Bitcoin overextending itself on the rebound. But since Bitcoin didn't break the old ATH, people got nervous and impatient and decided to buy back in on lower levels. Pure speculation, but makes for a nice story, no?
legendary
Activity: 3500
Merit: 3237
Happy New year 🤗
July 25, 2017, 01:35:23 PM
#11
I think today we just seen a normal drop and i think there is no other reason why the price right now is drop.
Except for other are still afraid this nearly august 1 what actually will happen they don't notice actually that bitcoin segwit is already running..
Whales out side they can't push down back the value of bitcoin right now they are already bought their own bitcoin that i think they can push the price back after august..
For now better to support bitcoin right now and don't let other sell or panic sell their bitcoin because we are just seeing the normal drop price of bitcoin .
legendary
Activity: 2618
Merit: 1105
July 25, 2017, 01:13:06 PM
#10
It is an absolute outcome that used to be obvious to come into existence because it was just a rebound but not a correction, and what is coming currently seems to be a correction before we see the actual rise that we are currently supposed to, after these debates as well as drama gets resolved.
legendary
Activity: 1218
Merit: 1006
July 25, 2017, 01:12:19 PM
#9
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.
Its just newbie shaking their remaining coins out of fear, whales will soon start to pump bitcoin again after this small drop. Bitcoin cash is just a free money we all bitcoin holders will get to dump just after it will be listed in few altcoin trading platforms LOL
full member
Activity: 630
Merit: 102
July 25, 2017, 01:09:07 PM
#8
i think this is a healthy dip and i see this as an opportunity to enter the market and buy more bitcoin for future upward threand  and i will make sure that by now i will not miss the train.
hero member
Activity: 658
Merit: 505
July 25, 2017, 01:05:21 PM
#7
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

This new coin will be just another altcoin and to my opinion it will not represent any threath to Bitcoin. This price drop isn't something we should have fear of, just another correction in the row. This period until August 1 will be very dynamic and hectic for bitcoin so we could expect more such price changes.
sr. member
Activity: 1274
Merit: 263
July 25, 2017, 12:59:14 PM
#6
I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

there is nothing recent about bitcoin cash, it has been going on for a while now.
the "talk" started a long time ago when BIP148 was starting to get serious.
bitcoin ABC (the client) has been going on for a while.
ViaBTC started selling their cloudmining thing for BCC last week IIRC
ViaBTC added trading for BCC pair 2 days ago. BCC price has been dropping ever since.
bitmain repeated that they were only supporting UAHF if UASF went through 2 days ago and kinda said ViaBTC is on their own

this drop is pure manipulation...

All drops are pure manipulation directed by big whales, from my perspective. But this time we have valid reasons for this bitcoin drop. There should have been one last correction drop before all time high, and now it's taking place.

how about one correction before the time and then one big dump when the time ?
after that slowly back the way up,trying to hit all time high just like before ?
it's pure manipulation (if it's real doesn't that mean we will see annother sub $2000)
2 days ago we could see $3000 after that down to $2600,so based on that we can see someone trying to get out of it.
and a few hours ago someone selling 1kBTC(many times) and pushed the price down.
other than this we also have other possibility,
they're trying to surpress the price to trigger panic selling because someone/somepeople doesn't know what will happen and when he look at the prices he/she trying to sell his/her own.if that's the case we can see all time high on 1 August or near that date
sr. member
Activity: 434
Merit: 252
July 25, 2017, 12:49:19 PM
#5
This was to be expected. Now it's too late to sell coins. Those who have not done so already should forget for 2 to 4 weeks on their bitcoins if you do not want to lose money. I'm ready for it and not worry. I wish you peace.
full member
Activity: 168
Merit: 100
July 25, 2017, 12:30:54 PM
#4
I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

there is nothing recent about bitcoin cash, it has been going on for a while now.
the "talk" started a long time ago when BIP148 was starting to get serious.
bitcoin ABC (the client) has been going on for a while.
ViaBTC started selling their cloudmining thing for BCC last week IIRC
ViaBTC added trading for BCC pair 2 days ago. BCC price has been dropping ever since.
bitmain repeated that they were only supporting UAHF if UASF went through 2 days ago and kinda said ViaBTC is on their own

this drop is pure manipulation...

All drops are pure manipulation directed by big whales, from my perspective. But this time we have valid reasons for this bitcoin drop. There should have been one last correction drop before all time high, and now it's taking place.
legendary
Activity: 3472
Merit: 10611
July 25, 2017, 12:11:19 PM
#3
I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

there is nothing recent about bitcoin cash, it has been going on for a while now.
the "talk" started a long time ago when BIP148 was starting to get serious.
bitcoin ABC (the client) has been going on for a while.
ViaBTC started selling their cloudmining thing for BCC last week IIRC
ViaBTC added trading for BCC pair 2 days ago. BCC price has been dropping ever since.
bitmain repeated that they were only supporting UAHF if UASF went through 2 days ago and kinda said ViaBTC is on their own

this drop is pure manipulation...
hero member
Activity: 3206
Merit: 940
July 25, 2017, 12:00:49 PM
#2
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.

This is a normal price correction.After all,we should "still prepare for Aug 1".
I quess that we all see the news that appear on our account dashboards.
Bitcoin Cash will be the next Bitcoin Unlimited,another shitty altcoin with no support.
The fear of a hard fork remains,but the posibility is...i would say 1%.

hero member
Activity: 490
Merit: 501
July 25, 2017, 11:43:36 AM
#1
After its rise approaching the $2,800 level almost two days ago, Bitcoin is now on a retreat again. I am speculating that this must be due to the recent announcement that there will be a new coin to be called as Bitcoin Cash and the continuing fear of what can be on and after August 1.

Until we can get over August 1, there will be that dark cloud appearing above Bitcoin and it has become a big issue so far affecting its movement and value. I am just simplifying things here so I want to hear all of your analysis and comments on this latest development.
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