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Topic: BTC rally is premature - 4 days left - page 2. (Read 1085 times)

legendary
Activity: 1159
Merit: 1001
July 28, 2017, 12:38:01 PM
#2
Yea, I was planning on buying on July 31 as people were fearing the hard fork.

But it seems the BTC-e news was the dip to buy.  So, I FOMO'ed yesterday into that 1st hour spike.

Guess there might be some pullback prior to Aug 1, but maybe it could be a pullback from 3000 to 2800.
full member
Activity: 154
Merit: 100
July 28, 2017, 12:04:04 PM
#1
I think people are buying BTC in prep for the BCC airdrop too early.
With four days left, it is unlikely that we will get four big green days, especially considering how close we are to ATH.
This rally is premature, whales, shorters and smart money will realize that in the crypto world 4 days can cause a huge ripple and that there is plenty of time to enter for the free BCC (which will be worthless by then, but that's a different topic).
I expect a drop some time back to 2500 before Aug 1st for sure. You are actually far more likely to make money buying ETH, than you are trying to capitalize on the free (and worthless) coins.
This is NOT the same as ETH/ETC. BCC is basically an alt by a third party.
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