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Topic: Sooo...that's it?It's going to go up up up? (Read 1237 times)

member
Activity: 114
Merit: 10
There will be pumps and there will be corrections. That s what happens in any market
legendary
Activity: 1568
Merit: 1041
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So we thought that the price will drop till august 1 but after today there wont be crashing anymore?The crash/dump is over?

The BIP91 is already locked in, that's why. With 90%, the SegWit2x is already the choice of the majority so even before August 1 there is already a decision as to which road to take. This gave the people a breather and successfully allayed their fears causing the market to jump really high in an instant. I think the price will still go up by implementation time.

This exactly. The price shot up quite a lot as soon as this news was put out. If we still didn't know what was going to happen, I would almost gurantee the price would still be dropping. People are more confident now and that's the reason for the price hike.
sr. member
Activity: 504
Merit: 252
So we thought that the price will drop till august 1 but after today there wont be crashing anymore?The crash/dump is over?

The BIP91 is already locked in, that's why. With 90%, the SegWit2x is already the choice of the majority so even before August 1 there is already a decision as to which road to take. This gave the people a breather and successfully allayed their fears causing the market to jump really high in an instant. I think the price will still go up by implementation time.
sr. member
Activity: 798
Merit: 263
Waiting and watching what happens on and after August 1st. If there is any sell the news dip, it will
be the next buying opportunity.
full member
Activity: 252
Merit: 100
I really do hope the prices will go down again soon, I missed the train Sad
hero member
Activity: 644
Merit: 500
Buy the rumor sell the news.
It was pretty obvious that it was gonna correct back up before 1st August to anticipate this day.
As for 1st August, no idea about what will happen ? Probably some flash crash & pump. It's gonna be epic. The volatility too.
Sell the news is sell at now, with news BIP91 locked make the price of Bitcoin increasing very fast after recovery from $1800. Buy the rumor is buy when Bitcoin have bad news split network, this is best time to shopping all market, not only Bitcoin Smiley
newbie
Activity: 32
Merit: 0
There WILL be a Bitcoin fork on August 1st, got this from LiteBit.eu earlier today, makes me quite nervous about the day:

Quote
Dear Supercell,
On the 20th of July more than 90% of the Bitcoin community reached a consensus to increase the transaction capacity. The Bitcoin network was reaching a capacity wall.

This milestone increased the trust in the future of Bitcoin and resulted a positive surge in the Bitcoin price. This news does not mean there will not be a split.

On August 1st, a hardfork will be stated by a group calling themselves Bitcoin Cash. It is predicted that Bitcoin Cash will have a mining power of 5 to 10% of the current Bitcoin. This would result in a new cryptocurrency.

It is important that you pay attention with sending and receiving Bitcoins on August 1st.
On this day it could happen that your Bitcoins will be sent to the “wrong” blockchain.

What do you have to do on August 1st (and 12 hours before this):

Stop accepting Bitcoin payments.
Expect long delays if you decide to send Bitcoin.
Wait patiently until there's more information about the situation.
What will LiteBit do on August 1st?

Sending Bitcoin from your LiteBit wallet will be disabled  July 31st 12:00 CET.
We will disable the sell option of Bitcoin July 31st 12:00 CET.
Every possible version of Bitcoin will be supported on our platform. However, it might take a while before we have fully adapted our infrastructure to the new situation.
This means your Bitcoins are safe if they are stored in your LiteBit wallet.

Please do not hesitate to contact us using our helpdesk, by calling us or sending us an email.

Kind Regards,

Team LiteBit.eu
member
Activity: 90
Merit: 10
Yeah it can go down again and if BTC forks it will all crash hard. Be prepared.

I think were going to see this type of volatility for a while. In unregulated markets the whales make the markets what they want. Volatility is a good way to earn.

hero member
Activity: 672
Merit: 500
I don't think crash is over yet.
People are buying on Hype now.
In my opinion It can go down again before August again.

If that's true again ,, will not it be a good moment for us to buy altcoin again.
sr. member
Activity: 420
Merit: 267
segwit is  a bubble to trap prices
buy at down sell at high
sr. member
Activity: 644
Merit: 379
I don't think crash is over yet.
People are buying on Hype now.
In my opinion It can go down again before August again.
sr. member
Activity: 1050
Merit: 295
Haha people in this forum annoy me. Everyone was in panic mood selling off saying "oh wait to buy back cheaper last week of July" ... it's clear that is not happening and yes it will go up up up. Hope they all lost their money.
Ditto.  People here act like teenagers--and a good deal of them probably are, ignorant and foolish ones, at that--they cry when prices drop and are bewildered when they rise again.  It's no mystery why they can't make money.

No one knows if we're going to keep going up.  And as this is a silly, redundant topic, OP is going on ignore with the rest of the 10,000 idiots there.
Since everybody and their grandma got into cryptosphere, the whole jig is more skewed than a cat in a barrel filled with ants
legendary
Activity: 3374
Merit: 6880
Top Crypto Casino
Haha people in this forum annoy me. Everyone was in panic mood selling off saying "oh wait to buy back cheaper last week of July" ... it's clear that is not happening and yes it will go up up up. Hope they all lost their money.
Ditto.  People here act like teenagers--and a good deal of them probably are, ignorant and foolish ones, at that--they cry when prices drop and are bewildered when they rise again.  It's no mystery why they can't make money.

No one knows if we're going to keep going up.  And as this is a silly, redundant topic, OP is going on ignore with the rest of the 10,000 idiots there.
full member
Activity: 406
Merit: 104
I actually made some money selling high and buying low when it all started a week ago. But after that I didn't touch anything. Trading is stressful.
full member
Activity: 182
Merit: 100
Money loves speed
Haha people in this forum annoy me. Everyone was in panic mood selling off saying "oh wait to buy back cheaper last week of July" ... it's clear that is not happening and yes it will go up up up. Hope they all lost their money.
full member
Activity: 566
Merit: 113
So we thought that the price will drop till august 1 but after today there wont be crashing anymore?The crash/dump is over?

who's said it's over ?
as far as i know nobody will say so,it's a little cheap trick to gain more profit using their power and shiller,
i admit that bitcoin price will be increasing in the near future,but it doesn't mean bloodbath ended for now,
who knows what will happen in the coming days or weeks ?
just hold it until it reach 6 figures,so simple right ?
hero member
Activity: 854
Merit: 501
Buy the rumor sell the news.
It was pretty obvious that it was gonna correct back up before 1st August to anticipate this day.
As for 1st August, no idea about what will happen ? Probably some flash crash & pump. It's gonna be epic. The volatility too.
member
Activity: 84
Merit: 10
Who knows? All anyone can do is speculate tbh.
newbie
Activity: 24
Merit: 0
So we thought that the price will drop till august 1 but after today there wont be crashing anymore?The crash/dump is over?
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