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Topic: Price of bitcoin before 1st August 2017 - page 2. (Read 4150 times)

legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
I can't see Bitcoin going to 1k USD or less. We might see a cheap forked version of Bitcoin that might bring around a new group of speculators but I doubt it will affect the main Bitcoin price too much anymore. People know Bitcoin and Altcoins are here to stay for the foreseeable future.
sr. member
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

Nope, $1000 is too much dude. I think it's around $2000 or even more per bitcoin, actually the price of bitcoin already increase again though. I guess the bitcoins price will decrease again soon when it close to 1st August.
member
Activity: 182
Merit: 10
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

Well actually it's not possible that in the month of August , the bitcoin will fall but then it will not fall that much. As we all know the bitcoin is too strong and it is really hard to predict when it will fall because the value of bitcoins at the first day of august are just speculations from others.
full member
Activity: 497
Merit: 110
arcs-chain.com
Bitcoins price will not go down in $1000 anymore .We will only see maybe a lower of $1700 one week before that date .Some people are on panic selling because they haven't have a knowledge on their investment.
newbie
Activity: 29
Merit: 0
Why Cryptocurrencies Are Crashing And What To Do About It
posted: 7/17/2017
https://seekingalpha.com/article/4088155-cryptocurrencies-crashing

The author comments: "Do not make any transactions going up to August 1. This helps to combat uncertainty with regard to which kind of Bitcoin, in case there will be two kinds, your Bitcoin will turn into."

If there is a split to two types of bitcoin (e.g. bitcoin vs bitcoin classic), will the owner have any control over which type they will own?
hero member
Activity: 910
Merit: 550
it won't fall that much but it will be closer on that range. bitcoin we all expecting that the price of it will fall because of august 1st and many people would sell their bitcoin before that date because they're afraid on what will happen on their bitcoin they're just being aware of what could possibly happen between the chain split and other operation will be done on that day so be alert and stay updated on the news .
sr. member
Activity: 686
Merit: 250
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?
Unlikely, bitcoin is too strong at the moment to fall below that mark especially before that date, many are fearful of what it may happen after that date not what happens before, there is no risk in the whole month of July that could justify that drop in value.
sr. member
Activity: 490
Merit: 256
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

First, this is a clear speculation type thread. Kindly place it to where it belongs.

We will encounter some decrease the closer we get to the said date. A harsh drop may also occur when the hard fork will be confirmed since it will trigger fear to some people out there. On the last week of July, we will see that Bitcoin will drop again but I do not think that it will fall under the 1000 dollar mark. 1500 dollar will not be surprising for me.
legendary
Activity: 2618
Merit: 1105
1400-1700 levels are possible at the least possible points taken into consideration that if panic sells take place, else it won't be coming down under $2k again and I really feel that there's no reason for us to panic like this but to wait, because this is nothing too drastic to be experienced as we already had such wavy rides before.
copper member
Activity: 1050
Merit: 294
No i don't think so it will fall this much(i.e below $1000), may be the price level will touch $1500 but not below than this. Only two weeks are left and the price is still upto $2100, lets hope for the best.
sr. member
Activity: 2030
Merit: 356
I think that is just too low. Despite the continuous fall, the price still exceeds that of its average from last year.

I'm not discounting the possibility of it dropping to $1000 and below though. What we'll have on Aug 1 is critical to bitcoin's future, some even think it would either make or break it. So it is understandable that weaker hands would start dumping in an attempt to get out of their perceived inevitable collapse.

People snagging these cheaper coins might offset the effect, but we can never be too sure.

Well, you cannot compare the bitcoin price from the last year, because bitcoin price in the last year was less than 1000$ and it find it difficult to cross even 1000$ in 2016. It is this year it rise to 3x of the price and almost touch the all time high near to 3000$. Now again we are experiencing a selling pressure but price is still not down as much.
hero member
Activity: 1764
Merit: 584
I think that is just too low. Despite the continuous fall, the price still exceeds that of its average from last year.

I'm not discounting the possibility of it dropping to $1000 and below though. What we'll have on Aug 1 is critical to bitcoin's future, some even think it would either make or break it. So it is understandable that weaker hands would start dumping in an attempt to get out of their perceived inevitable collapse.

People snagging these cheaper coins might offset the effect, but we can never be too sure.
hero member
Activity: 812
Merit: 500
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

No, it is too low price, I know that bitcoin come back, but it is a least price of bitcoin $1000.Now today bitcoin has again maintain its price and come up at $2017. Then i think now people has face the fear of bitcoin price downing. And now day by day bitcoin will be come up. But if next week bitcoin will again down than the least price will be $1500 in my thinking.
sr. member
Activity: 336
Merit: 250
I do not believe if btc will drop to the price of $ 1,000 but all can happen. Possibly when it drops significantly. Many people are stressed with the btc price at the $ 1,000 point
full member
Activity: 418
Merit: 100
I do not think bitcoin prices will drop below $ 1000 if bitcoin prices get below it may be I will invest long-term bitcoin, because I'm sure bitcoin will return to normal
member
Activity: 98
Merit: 10
I think we need to be realistic here. While there could be benefits there could also be downfalls in august 1st.

Most important of all is make sure you have your keys and store your funds appropriately
legendary
Activity: 1918
Merit: 1759
With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

Never fall for such disappointment that early. Prices of Bitcoin are nothing but prey to speculations and rumors. That's the reason why you can see $200-500 fluctuations everyday. So if we see the possibility of UASF activation then prices can drastically go very up or down even below $1000 but sooner or later will recover. But if present Bitcoin continues which I suppose will gonna happen, prices will rebuild to $3000 or more through market recovery as we seen in last 24 hours.
sr. member
Activity: 504
Merit: 250
Well, the right time to buy bitcoin, for future investment purposes, but it seems that the next few months bitcoin prices will rise again so dont miss this good opportunity to buy bitcoin.
sr. member
Activity: 994
Merit: 391
It is hard to predict the exact price. I  think the fall is going to continue but i don't think there will be a dramatic fall. i am not expecting under $1000. $1000 is it possible? Of course possible but the probability is not high. After 1 August (maybe after 1-2 weeks) everything is going to be balanced until hard fork speculations.
newbie
Activity: 4
Merit: 0
The only way I see the price collapsing that hard is if not just one, but several major exchanges suspend withdrawals in fiat without a well-articulated timeline for its swift restoration. Short of that, there's just too much existing investment in the infrastructure of BitCoin for the major players to watch the price go so low without swooping in with massive buys to buoy the market.
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