WHEN will BTC rise again and WHY? - page 5.

TravelMug

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Quote from: megynacuna on July 17, 2017, 08:52:07 PM

Quote from: malikusama on July 17, 2017, 12:36:20 PM

Price is down due to the cash out of bitcoins from the market because users/investors are somehow afraid of august 1/BIP148. Wait for the 1 august, after that the huge increase in price will definitely surprise you.

Precisely, it has even started pumping up again and we are currently doing I think almost $2,200. Hopefully this trend will continue to rise later tomorrow so that we can really come back to our previous rate or better as we wait for August 1.

Yes, last time I checked its about 15% increased. And its still above $2200 now. Maybe the news that BIP91 was already started today may have contributed to the rise in the price today.

"With the rising number of Bitcoin businesses clarifying their position on SegWit, the possible future of Bitcoin becomes more clear. The world's largest producer of ASIC bitcoin mining hardware, Bitmain, has announced that all of Bitmain’s Bitcoin mining pools have already started running the new Segwit2x software."

megynacuna

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Quote from: malikusama on July 17, 2017, 12:36:20 PM

Price is down due to the cash out of bitcoins from the market because users/investors are somehow afraid of august 1/BIP148. Wait for the 1 august, after that the huge increase in price will definitely surprise you.

Precisely, it has even started pumping up again and we are currently doing I think almost $2,200. Hopefully this trend will continue to rise later tomorrow so that we can really come back to our previous rate or better as we wait for August 1.

aTriz

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Quote from: TheWorldIsYours on July 15, 2017, 05:22:34 AM

Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

Don't panic sell your coins, just because Bitcoin has dropped pretty low this couple of days, doesn't mean you should panic sell all your Bitcoin. The reason why bitcoin has dropped so low these couple of days was due to the hard/soft fork that will be happening on August the first. Bitcoin looks like it is stabilising again, and looks like it is steadily rising back up. Don't give up hope, after August the first, everything will be fixed (hopefully).

magmar

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Quote from: Creepings on July 15, 2017, 06:41:34 AM

Quote from: davis196 on July 15, 2017, 06:34:10 AM

Quote from: TheWorldIsYours on July 15, 2017, 05:22:34 AM

Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

Emotions aren`t a good adviser when your are trading.The btc price decreased only with 150 USD and now you are crying in your post about how bitcoin is "dead" and never rise again,bla-bla....
Wait after BIP148 and after Segwit2x and perhaps your predictions might be wrong.
Now everbody is waiting for Aug 1 and Segwit and that`s why the price won`t increase.

As you've said, people are waiting for the network splitting to be cleared out. Most of them are panicking because their money that they invested on bitcoin is disappearing because of the threat of the network split. So they are converting their bitcoins into other altcoins because those altcoins can pump but bitcoin will not.

Panicking is not the right thing to do. They are just splitting into two it doesn't mean that the bitcoin will fall for good. Just trust me, after this August 1 event the bitcoin value will pump again and will be rising its value like the old days.

Vikingr

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Quote from: mrjoy15 on July 17, 2017, 09:49:36 AM

Quote from: v0rtecxz on July 17, 2017, 09:40:38 AM

For now I think a lot of people are panicking, they sell bitcoins to their currency to minimize their losses, and some of them wait for the day when (the segwit2x) arrives there may be an increase in bitcoin (that's just my guess) I think Bitcoin will rise again after the day has passed, but there is no certainty for it, I hope it can happen, and I will wait until that time

That is true. As people were afraid, they sell bitcoins to their currency in the case, most coins will go low list before the fork on august 1st. Hopefully, after that, if the fork goes well then people will buy back in pushing the price up then definitely Bitcoin will rise.

Undoubtedly, lots are selling bitcoins under stress and emotional tension of going in loss. I can just feel sorry for them because they behaving so unprofessional. It’s not for the first time and prices are dumping. Dumping itself is a sign that prices will go high again. For sure, the fork will go all well leaving the real lovers of bitcoins with enormous profit.

skorupi17

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All are uncertain on when we will BTC rise again in a particular point in time. Due to some rumors circling the internet about the possible split (hard fork), some began to secure their coins and began cashing out or jumping to other boats (alts). Based from the current price, Bitcoin is gaining some decent momentum and slowly recovering from the previous dump due to some panic selling (most probably the cause). However, I believe that Bitcoin will start to go down again on the following week as we approach the first of August. So as my theory, we will see Bitcoin going up again and will achieve greater highs after the issues are resolved (after August 1st).

Kemarit

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Did everyone noticed that bitcoin has somewhat recovered today after a bloody 3 days of dumping? I'm sure you did. It is now up by about 14% now. What does is tell us? It means that bitcoin will not be dead as other has been speculating here in the board and that it can quickly recovered. Of course, we are still far from the Segwit2x activation so there are still a lot of dumping that will happen because of the hard fork or splitting looming. But one's thing for sure, bitcoin will rise and nobody can stop it. If you bought bitcoin when the price is just above $1800 then good move, you will see your profits sooner than you think.

iyan33

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Indeed some of those who have a fear of greater losses are currently selling bitcoins in their possession, but also not a few of other bitcoin users who are using this time to buy bitcoin because current price is down.

batang_bitcoin

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Quote from: malikusama on July 17, 2017, 12:36:20 PM

Price is down due to the cash out of bitcoins from the market because users/investors are somehow afraid of august 1/BIP148. Wait for the 1 august, after that the huge increase in price will definitely surprise you.

Everyone is selling their bitcoins and fears of missing out some good amount of profit. And that is leading to the price decrease, I think the whales did first the act of doing panic selling to control the market value and supply of bitcoins. Since everyone is holding they want to have some good supply in the market and lead everyone to sell.

Gameroid

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Quote from: v0rtecxz on July 17, 2017, 09:40:38 AM

For now I think a lot of people are panicking, they sell bitcoins to their currency to minimize their losses, and some of them wait for the day when (the segwit2x) arrives there may be an increase in bitcoin (that's just my guess) I think Bitcoin will rise again after the day has passed, but there is no certainty for it, I hope it can happen, and I will wait until that time

still people are interested to buy bitcoin. we can see that the price dump to 1800$ and now it is again trading above 2100$ which means that peole are still interested to buy bitcoin and they do not care for the segwet. to me i personally holding my bitcoin and not going to sell, because i am also sure about the price of bitcoin that it will continue increase after 1st August. i think for those people who want to purchase bitcoin i think they have good opportunity to buy bitcoin n present time.

CyberKuro

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Quote from: Qunenin on July 17, 2017, 11:37:25 AM

The price is still considerably higher than it was when it was $250 considerably higher than it was when it was $50. It's still considerably higher than it was what it was $600. It'll come back up after August 1st from people see that there's nothing to panic about that everything's going to be fine. There's not much you can do right now it will come up probably hit around 2800 before the first and then drop back around 2200 right before the first. After the first it should shoot back up to around 2900 to stay there for a period of time.

I agree with you, the best scenario in my head for bitcoin prices. Many people really take the bait and sell their bitcoin just because the possibility of hard fork and they have frightened even before it happen, but core teams has make it clear that August 1st and hard fork maybe negligible and we can do some prevention measures to make our bitcoin save. We will see how bitcoin could recover through this problem, but who still believe in bitcoin, keep hold and buy more cheaper coins.

2double0

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The reason would be obvious that if the scalability issue gets resolved and there won't be any need of a soft fork, even if it takes place and everything goes according to the plans, then I think the price will bounce back to more than $3000 and may even reach $4500 (seeing the levels on charts) but won't remain that high and come back to become stable near 2500-2800 levels.

malikusama

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Price is down due to the cash out of bitcoins from the market because users/investors are somehow afraid of august 1/BIP148. Wait for the 1 august, after that the huge increase in price will definitely surprise you.

Opekin

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Quote from: TheWorldIsYours on July 15, 2017, 05:22:34 AM

Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

It's because of the continuous growth of bitcoin users this past years and present ,It will be more than $2000 afterwards when August ! is finally finish .
Hard fork and softfork matters peoples are too afraid what will happend after a fork .

Qunenin

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The price is still considerably higher than it was when it was $250 considerably higher than it was when it was $50. It's still considerably higher than it was what it was $600. It'll come back up after August 1st from people see that there's nothing to panic about that everything's going to be fine. There's not much you can do right now it will come up probably hit around 2800 before the first and then drop back around 2200 right before the first. After the first it should shoot back up to around 2900 to stay there for a period of time.

Rinder

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People always take advantage from weak hands to get more bitcoins and cheap, this drop were around 1000 dollars down, and panic sellers had jumped out scared, after 1 August market should get more stable, and till end the year once all issues handled at bitcoin expect a grow into its value, soo its very possible to we reach 3000 dollars before end the year, and maybe reach above ammounts.

basesaw

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Hoping bitcoin will gain price on august 1 after the voting between segwit2x and hardfork. may the best for bitcoin and all the bag holders wins.

kdhilip1975

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Quote from: Ctn on July 17, 2017, 11:20:29 AM

Bitcoin will rise again in two to three month because people will start their halted investments again. They will do it at such a big level that it might cross the valuation of bitcoin up to 3000 dollars and let's hope for that day to come. Rising of bitcoin is true in the sense that segwit2x will correct the blockchain hopefully without splitting it and people will regain the bitcoin as it was before.

The movement has started and the price has gained above 2050+ and hope that in 1 week we will see back the price going high and Segwit2x gets success on August 1st and the price roar to the next high stage

tigershark

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Quote from: TheWorldIsYours on July 15, 2017, 05:22:34 AM

Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

I do think the price will eventually rise again. I think the price went up too high too fast and needs to consolidate. This combined with the threat of a fork naturally is bringing the price down. Sometime next year the price should recover to reach new highs.

Ctn

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Bitcoin will rise again in two to three month because people will start their halted investments again. They will do it at such a big level that it might cross the valuation of bitcoin up to 3000 dollars and let's hope for that day to come. Rising of bitcoin is true in the sense that segwit2x will correct the blockchain hopefully without splitting it and people will regain the bitcoin as it was before.

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