Bitcoin price after 1 August - Down 50% - page 3.

Jherek

sr. member

Activity: 476

Merit: 250

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 have no idea whether or not there will even be a hard fork activated on 1st August. Maybe there will only be the UASF happening, and no hard fork is activated. Nobody can tell whether or not it's going to happen, because it's not written in any type of code when it's going to occur.

Price wise, if there was to be a hard fork on or after 1st August, then it's definitely going to affect bitcoin's image of being decentralized and immutable. Some skepticists of bitcoin will take this opportunity to launch an attack on bitcoin.

I'd expect though that there will be a huge dump off before the hard fork even happens, of around 10% decrease in price. If a hard fork does get activated, then price is going to decrease by around another 10-15%. I don't think that btc is going to go back to sub-2000 though.

zulkarnaen

sr. member

Activity: 504

Merit: 250

Indeed,no one knows for sure about the future of bitcoin and also with the August 1 prediction, no evidence can create a standard of confidence about it, but all hopes that bitcoin will continue to grow rapidly and bitcoin prices will continue to rise.Because this will definitely bring a good impact for its users.

cafucafucafu

hero member

Activity: 812

Merit: 509

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, even if there was a hard fork, i don't think that the price will go down by 50%.

If segwit is activated, then price will actually increase because we are able to have cheaper transaction fees again. There is no way to predict how much it'll rise by exactly though, bitcoin is a very volatile market, there is simply no way that you can predict that info.

Worst case scenario, if there turned out to be two "bitcoins", then the value of the two separate chains added together should prove to be somewhere close to the actual value of 1 BTC before the fork happened, because everyone should get the same amount of coins on 2 chains. And there should be very quickly a decisive winner, in my opinion the chances of two chains functioning simultaneously together for more than a few months/years is extremely small, one will quickly crash whilst the other will climb to the top to claim the throne.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

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.

oegarod

sr. member

Activity: 602

Merit: 252

The chances of price drop seems to be quite low, still we can't assure that price drop won't happen. Because a week back we went down sliding just when everyone is hoping to reach $3000. So let's have faith that the price won't drop and the rest depends on the technology.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

i think no one will know exactly about what is going on after august because many people makes prediction that bitcoin price will down but the other people prediction its just correction before increase more. i think maybe the price will down a moment because of the traders is panic but after that, i think the price will be back normal. no one wants to see that bitcoin is jump too deep than they bought and i think the big whales and other traders will prevent if the price is down too far.

hajimasan

hero member

Activity: 882

Merit: 500

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.

Who told you about this thing , this is totally stupid thinking of many persons who are newbie in the Bitcoin field.
Actually at the 1 August there will be start of the process of the new technology introduce and make the blockchain network more better , so that unlimited numbers of the people can use this thing .
And with this they will make a new connection of the chain , means that there will be separate algorithm with the blockchain that will give the birth of another coin ( Bitcoin unlimited ) .
Now after first of the week of 1 August we will find the option of the investment in the new coin , so Thier are small possibility to down in the price of the Bitcoin by 3-4% only .
So instead to get fear , you should wait for the hardwork to be done successfully and we have another coin with low price and can invest them to make money like those who made in btc investment in the old time .

Herbert2020

legendary

Activity: 1946

Merit: 1137

the fear of August 1 is already priced in. that was the 2 times dip and sell pressure down to $2100 and $2200 bottoms. the chances of that happening is really slim now.
and what you see now as the price is what you get because of the effects of that date in the future. if a chain split happens price will fall but the fear of chain split won't have any more effect than what we saw already.

cryp24x

sr. member

Activity: 1190

Merit: 253

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 also think that there will be a pump due to speculation of the price to skyrocket and when the activation is done and the problem is solved, then I can see another series of new ATH. I always think that this update will bring positive result to bitcoin, people spreading FUD because they wanted to get bitcoin at a cheaper price to maximize their profit when bitcoin price goes up multiple times.

ImHash

hero member

Activity: 924

Merit: 506

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

bit1

legendary

Activity: 938

Merit: 1000

If that happens, I do not think it will stay in any way for long,ie such low price, there might be some volatility maybe a week before and one after, but if there is no setback that is most likely to happen, then there would be much more confidence in the market.

piloder

legendary

Activity: 966

Merit: 1006

There will be always panic on market during hardfork/softfork so I am also expecting some panic from newbie traders that can trigger a small dump on price on activation of segwit2x on august. I don't think that dump will be more than 10% price of bitcoin.

marcuslong

legendary

Activity: 1036

Merit: 1002

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.

Nope no one can predict such that thing bitcoin is now more stronger than before maybe the real bitcoin price on that month is will be going to be increase more like its becoming $4000 or more thats why i like bitcoins.

richardsNY

legendary

Activity: 1232

Merit: 1091

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.

If SegWit2X locks in, activates, and months later successfully forks, we'll experience a massive boost. I am not at all worried about a case where a chain split becomes reality. If it happens, then it happens -- instead of focusing on how it will negatively impact the market, you should focus on how you can benefit from a much lower price. Remember, if something is going to happen, it will be a short time occurrence.

TravelMug

hero member

Activity: 2632

Merit: 833

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?

africa34

sr. member

Activity: 476

Merit: 250

PlayYourBet.com - 100% Deposit Bonus Up to €2000

Bitcoin price after 1 August - Down 50%
no i think that bitcoin go up 50/100

blackmagician

sr. member

Activity: 462

Merit: 250

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.

How true and how many percentage that the price of bitcoin will go down 50 % on that day? I never think that it will happen.
I still believe on bitcoin that the pice will be still stable around 2000$ on that day.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

No one knows what will happen after 1 August so this is pure speculation. Even if it happens that bitcoin price go down 50% in just a few weeks after that the price will recover and it may even rise further then the actual price. I believe is the debate that is going on for different chains and hard fork that is not permitting bitcoin to rise in price from where it is now.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

No one knows if it will be up by 50% or down 50% but it's better to be optimistic all the time. Share the good vibes with bitcoin to other people and don't believe fud that you read everywhere.

N7Pathfinder

newbie

Activity: 26

Merit: 0

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.

Well that's a gold info here for me. You are right if Ethereum has no limit then why should it go up or have any high value! Its like a country that keep printing money so it drops in value continuously. All I hear about is its ability for smart contracts but I haven't seen any implementation of that tek.

So why didn't LTC take off then?

Topic: Bitcoin price after 1 August - Down 50% - page 3. (Read 3613 times)