Since bitcoin value is decreasing rapidly now, others coins will definitely be affected negatively because bitcoin is the strongest among all the crypto currency. And this is happening as a result of panic of the 1st August meeting as to whether bitcoin will split or not.
Actually bitcoin and the alternative coins is quite related to each other. And for the development factor it also connected and inclined to each other so it is expected that the sudden changes that people assume that will happen to bitcoin will also likely to happen on altcoin but it is better to not panic and always think that bitcoin development is always there and nothing bad will happen because it may continue to develop more as changes and it's price is just a part of its progress and development. 
Topic: Will all coins continue to go down until 1st August? - page 4. (Read 7555 times)
Markets follow the principle of "Maximum Pain". Whatever is most likely to hurt as many people as possible as much as possible is the most likely thing to occur. That's why the little guy is always getting crushed...
I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?
Not all coins are being dumped, however since the majority of altcoins are priced versed BTC.
The Lower BTC price goes verses fiat the lower the marketcaps of those altcoins go, even if no altcoins are sold.
It really depends, if bitcoin will continue to go down
Then the altcoins might go down also
But if bitcoin will recover its price and starts to climb up again
Then altcoins will go up also and it will give profits to the wise investors who bought from the dips.
Then the altcoins might go down also
But if bitcoin will recover its price and starts to climb up again
Then altcoins will go up also and it will give profits to the wise investors who bought from the dips.
So what you're saying is that Bitcoin could crash HARD after Aug 1st, if not enough hash power is put into the new BIP 148?
Since everything is linked to Bitcoin, there's a chance for the whole cryptocurrency market to collapse on itself?
Since everything is linked to Bitcoin, there's a chance for the whole cryptocurrency market to collapse on itself?
If nothing happens on August 1st. than prices will stabilize quickly, and prices are going back as they were before these rumors about this splits.
I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?
Not all coins are being dumped, however since the majority of altcoins are priced versed BTC.
The Lower BTC price goes verses fiat the lower the marketcaps of those altcoins go, even if no altcoins are sold.
Bitcoin Segwit is going to happen on 1st August and because of that most the the coin are dumping and the reason is people are doing panic sell at this time I will recommend to stay away from the market and try to get the coin at the lowest level so you can get as much profit as possible when it will start raising again after 1st August.
People become afraid and do panic sell because they dont want to lose their coins. Not just because august 1 is coming all coins will go down. After this i think everything will be alright because it will be a good start to invest coins. 
In August 1 there is going to be an hardfork meeting and that meeting if it is positive we expect bitcoin price to increase and if it is negative the price to decrease. From now till the time, amateurs traders will be selling out of panic but the professional has foreseeing the outcome and they are taking position on were the price will swing to. Currently bitcoin has appropriate from near $1,800 to $2,378 today and we expect the market to appropriate further as many started to understand that what will happen in August 1 is negligible.
we are waiting & see, how market will react after hardfork, when improvement making anything been better so trust positive price will going raise up.
With my educational guess I think that as the biggest market cap of all the cryptocurrencies out there it will have a big influence on whatever the result it will bring on August 1. Right now we are experiencing the affects of indecision and fear of the weak hands as they are selling their position in preparation for that date. If Bitcoin goes down in August 1 we better be prepared with all our Altcoins as it will be a sure thing that they will be affected as well.
I think it only happens to bitcoin. And does not apply to altcoin. So do not be afraid of storing altcoin. But be careful of bitcoin transactions.
In August 1 there is going to be an hardfork meeting and that meeting if it is positive we expect bitcoin price to increase and if it is negative the price to decrease. From now till the time, amateurs traders will be selling out of panic but the professional has foreseeing the outcome and they are taking position on were the price will swing to. Currently bitcoin has appropriate from near $1,800 to $2,378 today and we expect the market to appropriate further as many started to understand that what will happen in August 1 is negligible.
i don't know anybody that could answer to this question with reason. but i personally believe it will go up.
Bitcoin Segwit is going to happen on 1st August and because of that most the the coin are dumping and the reason is people are doing panic sell at this time I will recommend to stay away from the market and try to get the coin at the lowest level so you can get as much profit as possible when it will start raising again after 1st August.
It is much better to look the segwit as a good thing for bitcoin development. It is a direct part of bitcoin system development for the stock of bitcoin on the market balanced until it reach a great price. Dumping is usual and quite common to bitcoin so its better to just get ready and make some decision on point so you can earn more. If you are going to decide on panic selling you would need to monitor the price so you can know and observe the trend of bitcoin price so you can earn until the start of August rather than to lose you investments. 
I think it's very difficult to prediction the future market trends, maybe bitcoin will also create the lowest price or it will print highest price, that's the fact of trading, we can keep it until everything is proven
For some traders who believe on the issue of August 1 will soon throw away their coins albeit at a low price
But for those who do not believe this issue ,, they will greatly take advantage of this moment. Because it can buy and accommodate it cheaply
According to me YES. Because at this time most of the traders are converting their bitcoin to USDT and few solid altcoins and keeping them in their hard wallet. So when most of them will convert their coins so the trading volume will get low and when no one will trade eventually price will come down. But I am sure when segwit will be done bitcoin will start to grow and sure altcoin will also grow with that.
I think it's very difficult to prediction the future market trends, maybe bitcoin will also create the lowest price or it will print highest price, that's the fact of trading, we can keep it until everything is proven
The altcoins will continue to go down until 1st August because this time for the activation segwit2x on bitcoin's network,
it can be succesfull also can be fail and many people who are fear because of it, so they sell the bitcoins to anticipate bad thing on bitcoin's network after 1st August, this condition were followed by other altcoins users and sell their altcoins.
it can be succesfull also can be fail and many people who are fear because of it, so they sell the bitcoins to anticipate bad thing on bitcoin's network after 1st August, this condition were followed by other altcoins users and sell their altcoins.
Right, because I think the current bitcoin is still a reference for altcoin. It is not surprising that altcoin prices also decline, as traders still rely on bitcoin as their exchange hub. After hearing the news of 1st August, they decided to sell their altcoin to bitcoin and after being bitcoin, they also decided to sell the bitcoin for money.
At the present moment, it seems that traders are hesitant to make any altcoin purchases. But once this news passes, I'm sure everything will be back to normal as usual.
I do think there is some direct relationship between the dumping of the coins recently and the hard-fork of the Bitcoin on 1st August. The price is up and down as normal, if you think some coins is valuable, just hold it.
Yes it is much better to hold it. But i dont think that all coins maybe some of it will be but not all. Most of it ia bitcoin and altcoin that as of now it really happens.
Hmmm.....
I hope it continues down so I can by discounted coins.
I think it is safe to assume their will be another downtrend coming, it will be interesting to see if
it occurs this weekend again.
I hope it continues down so I can by discounted coins.
I think it is safe to assume their will be another downtrend coming, it will be interesting to see if
it occurs this weekend again.
Bitcoin price from $26xx to $18xx within 1week , After that less than 24 hour from $18xx go back to $2400, strong support , all coins marketcap increase 20B to total of 84B , market price up and down , We don't know what was happen next day , I wait for 1 August then I only know that what to do next
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