Topic: When will the market begin to grow again? Your thoughts :) - page 4. (Read 3059 times)

 people are selling out of panic and very soon they will realize what they doing when they will start to buy at $2,800 again. The professional and skillful traders buy at the bottom and sell at the top but the picnickers' buy at the top and sell at the bottom. For your information op the next stop will be $3,500 since the market has find a strong support area around $2000 and $1900.

my intuition tells me that we going to see 1 or 2 bull traps[1] before 1 ago ...


[1]DEFINITION of 'Bull Trap'
A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.
Source: Bull Trap http://www.investopedia.com/terms/b/bulltrap.asp

There are many scenarios possible.

One, Segwit2x gets activated before UASF which will make Segwit implemented with majority and hence would lead to a short term price fall after August (price fall will still be there) and situation might get better with the end of September.

Second, no Segwit2x and only UASF gets implemented. As UASF doesn't has much majority. It would lead to chain split with two coins competing with each other. This will lead to a long term dip and price might recover by the end of this year.

Third, nothing gets implemented. Then price will come back to normal in August after a whole long period of speculations and we might see $3500 by the end of the year with high fees and slow transaction debate going on.

These are my opinions.

And some trader margin trading need take loss or short BTC at now, they are know SegWit2x is good news for create panic selling and they can short BTC, then buy dip and make x2 profit

This not is dump, this is a time correction price to real value and can create stable in market. I like that because it make me can believe crypto market not is scam market, just can buy you can become rich as in March - May

Yeah, exactly! I also believe that prices will rise in the mid of August. Segwit is going to turn things upside down. Drastic fluctuations in the prices are expected in the closing months of this year. It’s a great time for buyers and beginners who want to join bitcoin trading.

Yes Current dump is just from some new traders who don't know the basic of crypto markets and whales are quickly grabbing those cheap coins before august and after activation of segwit2x price might go beyond $3000 again within a month or two.

Currently people are panic more than ever. Many of them considering Aug 1 to be end of bitcoin. That is the solemn reason why crypto market is shrinking at the moment. Try changing currency USD to BTC and you will see entirely different scene. Every coin is red presently because of bitcoin otherwise in terms of bitcoin, 70% are rising.

Best guess... around a $25B market cap for bitcoin and a $25B market cap for all the other altcoins for a combined $50B market cap, the major plunging will be over and we'll kind of drift around in the $50B-$65B range for awhile and consolidate.  It could end up being closer to $20B for bitcoin and $30B for altcoins, however... somewhere in there...  we could drift lower over the course of a year or two, just like the pop back in 2013, however. A year from now we might be at a $30B market cap, or a $300B market cap.. charting is far from a perfect science and is used only as an educated guess on short term  to mid term moves.  If I was a betting man, I'd bet on $30B. There's nothing inherently valuable about this blockchain tech because like I said before in other threads, it's all open source so any company can rip it off without remuneration.   None of these tokens for these services are ever going to take off and be used in any serious way by the masses... get serious here... wagerr will not be used by anyone not familiar with cryptos and is largely a cash grab like most ICOs. If a major vegas operation or online gambling site wants to use the blockchain tech, they'll just rip it off.. why pay any of these coins/tokens for something they can take for free?


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- Its hardfork not hardwork   which is still not sure, we might not have hardfork on august.
- I think we will have fast recovery by end of august, price still have strong support below $2000 level.

Is it a mistype ?btw a Hardfork
We don't know how long does the segwit problem if it becomes successful or not .In my own opinion ang analysis .Market will become alive again once Bitcoins hardfork becomes successful but if not well it may take some time for them to fix the problem .After a week of august i expect the market will return and back with a good price.

I, for one, thought that it should have shrunk back for a while when it first passed the 2k ATH. It just kept pushing on since then. The bear's got some life in it now likely to several factors converging at the same time: long-overdue corrections, speculating fatigue, and of course the Aug 1 happenings. With GDAX and a few others putting hold to transfers, and a few more looking to do the same, it's really just mounting downward pressure on the price.

Yes, i thought and finally i realize it is because of August 1.
Then only hold the bitcoins for a time and wait for a time, and i am sure within months price will be changed.
But if we think that bitcoin price is downing than it is also good for us. Because it give us change to buy again.

You can get , it may take time but you'll surely win it back. After august bitcoin will recover , bitcoin arise before were never expected but ot happened same with bitcoin adaption in maby countries can be a help for it too arise. Evedything will be fine.

It is growing and then falling again I'm so sad i left gambling and decided to earn profit from trading but now that is also gone , many are saying until bitcoin doesn't start rising i won't be able to get my inital funds also. I hope after august 1st bitcoin starts rising again so i can atleast the initial value

After the incoming dump due to a possibly contentious hard fork for block size increase!

It is just something technical that needs improvement on august 1.
Soon after the 1 august passes, the price will start growing up again to its original state.
Amid this process, we have opportunity to buy BTC at lowest price.

I Hope there are chances to go up and the chances are same for going down. I hope to convert Bitcoin is very bad idea because once the price falls the price of altcoin will also fall.

Even if the price is falling the market is continuing to grow constantly. Buy low

What you are saying is true actually everyone is not taking risk of buying and selling of bitcoins, because no one knows what will happen after August 1st it can go down 10 times or go up 10 times. That is why even very one is selling the altcoins and converting all to bitcoins and storing them in wallet.