Bitcoin price after 1 August - Down 50%

iamTom123

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Quote from: NeuroticFish on June 29, 2017, 08:37:26 AM

Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

No. Actually it's the other way around. Bitcoin will go up 50%. It may have a small drop, the weak hands will sell, the speculators will gain. Then everybody will see that's all good and will buy more and more. See Litecoin's path.
And I expect no hard fork. I find that just another FUD to keep the market under pressure.

Hard fork may not be coming anymore according to some pronouncements from authoritative Bitcoin figures. And I am banking on that promise. What can be the value of Bitcoin after this important August 1 remains to be the subject of speculations for now. Well, there is a possibility for some drop but the overall trend is up so maybe days after the Segwit2X Bitcoin can start to be back on track. Once the market can see that we already have fast transactions and no more significant clogging in the mempool and that transaction fees are back to being reasonable, I see no reason for Bitcoin not to go up again...maybe heading back to the $2800 level and then into the $3000 threshold.

For now, all we can do is maybe to wait and just watch how the market is playing with Bitcoin. The market (Bitcoin and alts) is getting to be red buoyed by that dark cloud hanging over Bitcoin.

hahay

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Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

Nobody will ever know exactly what will happen to bitcoin prices after 1 August, but I think pumps will happen in this month whether it's mid or late this month. If the bitcoin price will be pumped up to $4000 in this month, that means if the bitcoin price is going to go down 50% after 1 August I think it does not matter because we are still at $2000, IMO! Everything is still possible to happen later.

Qartersa

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Quote from: said20hr on July 02, 2017, 06:15:15 PM

the big rise of this year has been made in last two month , historically bitcoin will not be rise over than ever , just wait for next winter

But winter is coming. -GOT reference Tongue

Anyway, a big rise does not prevent it from rising again. That's just an absurd theory that if there would be a big rise early this year and mid year there could be no more chance that it could rise again. I would remind you that last year, the whole year it was rising and it was not just once or twice. It even raised up even when it was already december. It's not a fixed thing.

said20hr

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the big rise of this year has been made in last two month , historically bitcoin will not be rise over than ever , just wait for next winter

Skarner21

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Massive price drop coming...

Quote from: MBW_2 on July 02, 2017, 05:14:34 PM

Quote from: Maheshkumar_Hrangkhawl on July 02, 2017, 08:37:17 AM

Quote from: Pierre 2 on July 02, 2017, 08:20:11 AM

I think that even if hard fork happens, it wont crash bitcoin market.
It may remove yes lot of value from your portfolios, but new coin will create new bear market and new whales as well.

August 1 is still one month away. A lot can happen during this time, and I am still hopeful that a split can be avoided. Even if a split happens, it doesn't mean that the value of Bitcoin will go down. Look at what happened with Ethereum. ETH increased in value, after Ethereum Classic split off from ETH.

It is not same situation. We need good excuses for deep correction. Later investors will buy bitcoin with cheap price for selling after september Wink

I think price down is just a normal to see since bitcoin is literally unpredictable it will be still depends in any traders and investors and depends in trends. if they can buy more bitcoin the price of bitcoin can be increase if the sell bitcoin expect for drop price of bitcoin.. So i think we will see a price drop but not too much..

MBW_2

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Quote from: Maheshkumar_Hrangkhawl on July 02, 2017, 08:37:17 AM

Quote from: Pierre 2 on July 02, 2017, 08:20:11 AM

I think that even if hard fork happens, it wont crash bitcoin market.
It may remove yes lot of value from your portfolios, but new coin will create new bear market and new whales as well.

August 1 is still one month away. A lot can happen during this time, and I am still hopeful that a split can be avoided. Even if a split happens, it doesn't mean that the value of Bitcoin will go down. Look at what happened with Ethereum. ETH increased in value, after Ethereum Classic split off from ETH.

It is not same situation. We need good excuses for deep correction. Later investors will buy bitcoin with cheap price for selling after september Wink

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Quote from: Maheshkumar_Hrangkhawl on July 02, 2017, 08:37:17 AM

Quote from: Pierre 2 on July 02, 2017, 08:20:11 AM

I think that even if hard fork happens, it wont crash bitcoin market.
It may remove yes lot of value from your portfolios, but new coin will create new bear market and new whales as well.

August 1 is still one month away. A lot can happen during this time, and I am still hopeful that a split can be avoided. Even if a split happens, it doesn't mean that the value of Bitcoin will go down. Look at what happened with Ethereum. ETH increased in value, after Ethereum Classic split off from ETH.

THere will be no splitting or something like that, I mean if you're trying to search about the fact that majority of miners are supporting bitcoin. There is no interest to activating the UASF that can forked the bitcoin chain and makes another clone for bitcoin.

Maheshkumar_Hrangkhawl

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Quote from: Pierre 2 on July 02, 2017, 08:20:11 AM

I think that even if hard fork happens, it wont crash bitcoin market.
It may remove yes lot of value from your portfolios, but new coin will create new bear market and new whales as well.

August 1 is still one month away. A lot can happen during this time, and I am still hopeful that a split can be avoided. Even if a split happens, it doesn't mean that the value of Bitcoin will go down. Look at what happened with Ethereum. ETH increased in value, after Ethereum Classic split off from ETH.

Pierre 2

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I think that even if hard fork happens, it wont crash bitcoin market.
It may remove yes lot of value from your portfolios, but new coin will create new bear market and new whales as well.

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Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

Only IF there is a hard fork, will the price be negatively affected.

Because after all, the first of august is supposed to be the date for activation of the user activated soft fork. So if segwit gets activated then the current issues with bitcoin transaction fees will at least lessen to a more manageable level, and as that happens people will start using bitcoin more and price will actually increase.

But obviously, there is a huge chance that can't be ignored that a hard fork is going to come into play - in which case i do think that the price of both chains will decrease as a whole entity. A harld fork is just going to worsen the division between the community.

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The price probably has the chance of increasing than decreasing, because of the segwit signalling towards majority support as well a 50% drop is very big which never happens anymore. What's happening with the price is just an hype and probably if that's gonna happen at this price no user could invest into bitcoin looking the upcoming price fall.

HI-TEC99

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Quote from: Jon Connor on July 01, 2017, 11:18:51 AM

You got it backwards, price will rise 50% after august 1 (look at litecoin). There won't be a hard fork in August but there will be Segwit activation. We will get Segwit activated either through USAF or Segwit2x. And yeah you can ignore the 2x part of Segwit2x because it will never happen. I would not be short this market, you could get bear trapped.

Quite a few people got bear trapped when it dipped back below $1000, and I think the same holds true now.

The price pumped up to $3000 despite all the technical arguments, and a huge backlog of unconfirmed transactions. Nobody cares about any of that during a bull run, the price pumps despite it.

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Quote from: streazight on July 01, 2017, 03:23:10 PM

Quote from: mobnepal on June 29, 2017, 01:59:51 PM

Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

We can't expect any big dump after segwit activation on coming august but there might be some correction due to panic traders and some fud on the market.

I am expecting around 30% pump before 10% correction by august Cheesy

I think a 30% dump in bitcoin price is even more than enough to bear for some people and then who knows when will be the prices go up again. There is great wave of curiosity about the 1st August; almost everyone is worried about the price of bitcoin regarding their holdings. I wish the segwit didn’t happen this soon. I am confused about my holdings whether to sell them or hold them.

Nobody know what will happen on bitcoin in August 1st and i hope that it won't be so low. Well, it's just normal to go for a bit down low but we can't expect that much. I'm hoping that the correction will not be too far from the price before because it creates a panic to every bitcoin users especially the traders.

streazight

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Quote from: mobnepal on June 29, 2017, 01:59:51 PM

Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

We can't expect any big dump after segwit activation on coming august but there might be some correction due to panic traders and some fud on the market.

I am expecting around 30% pump before 10% correction by august Cheesy

I think a 30% dump in bitcoin price is even more than enough to bear for some people and then who knows when will be the prices go up again. There is great wave of curiosity about the 1st August; almost everyone is worried about the price of bitcoin regarding their holdings. I wish the segwit didn’t happen this soon. I am confused about my holdings whether to sell them or hold them.

MBW_2

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It is totally depend on last decision of Japanese government.Other governments will follow same path to regulate digital currency. We can see another downtrend after August.

ubitcoin

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Quote from: ImHash on June 29, 2017, 09:52:11 PM

You believe that? then don't hesitate to dump your coins and wait for the price to go down 50% and buy back then, do you have any idea how much profit one can earn if that was true? this is the work of same people been always manipulating us to make us sell our bitcoins so later they come and claim them for cheap. hard folk Cheesy

There may be some people who want to manipulate the price of the bitcoin but at the same time there might be people who may think that the segwit may bring loses in the Bitcoin price and what if these preapprehensions turn to truth ? Does anyone here have any guarantee about the price that it will not go down below a certain range? I think no one have the exact answer to this question.

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Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

i tried to be positive , lets jump to 3000 on september so i will empty my trezor and sleep on my money bags lol just kidding , really invested on low amount tho ..bitcoin already had big dump since may so no way its going to dump again , maybe pump will start next month i hope or eth will overcome bitcoin

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Quote from: TravelMug on June 29, 2017, 05:38:41 PM

Quote from: facenew111 on June 29, 2017, 08:14:54 AM

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

Hey, no one knows exactly what will happen on Aug 1. But I don't think that bitcoin can go down at 50%. May I know you asking though? It seems to me that you are reading to much FUD around. The best thing to do is hold on your bitcoin, and make sure you have control of it (private keys). And just in case its down to 50%, are you will you buy then?

This is how I think about the bitcoin price as well. Prices going this much down like 50% is insane. I don’t think it is going to happen anyway. The bitcoin price is determined by the number of its users by the demand of the bitcoin and I think we have a great demand for the bitcoin in the market. Some of the people are scared of the Segwit but I am pretty much hopeful that it will bring some nice changes to the bitcoin features and price.

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You got it backwards, price will rise 50% after august 1 (look at litecoin). There won't be a hard fork in August but there will be Segwit activation. We will get Segwit activated either through USAF or Segwit2x. And yeah you can ignore the 2x part of Segwit2x because it will never happen. I would not be short this market, you could get bear trapped.

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Quote from: iqlimasyadiqa on June 30, 2017, 03:18:48 AM

Quote from: Miz4r on June 29, 2017, 01:49:09 PM

I believe a persistent chain split would be a disaster for Bitcoin and will almost certainly lead to one of the altcoins taking over Bitcoin's role. Probably Litecoin as it is the closest cousin to Bitcoin in spirit, which is why I have diversified part of my coins into LTC a while ago. I don't see Ethereum taking over, it's just too centralized and can't scale nearly as well as LTC can. Also Ether supply has no limit, which is a no-no.

I have the same opinion. I'm afraid that the date could affect everything in the bitcoin world. Buying some altcoin as an investment is a good thing, it can keep us awake if the bitcoin price has drastically decreased. Some altcoin does have a good prospect, I think litecoin, etherum, ripple and stellar have the same chance to be top altcoin.

Yes, there could be an opportunity for many of the Alts to take a place but I seriously think they still can’t take over the bitcoin. The price of the Etherium, LTC and ripple may grow high but I don’t expect them to counter the bitcoin and its price at all.

There are many people currently converting their bitcoin to fiat and to the Alts but still the ratio of converting bitcoin to fiat is high. In my opinion people will buy the bitcoin again but once the hard fork filth is over.

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