Topic: Will all coins continue to go down until 1st August? - page 7. (Read 7555 times)
Mostly, but not all of it of course. people like to diversify their investment, so if bitcoin price goes up then altcoins will follow it and take a look at current price, most coins on the rise due to people buy back after significant decline. Let's see how long it could last until next correction, I expected for big rally in the end of this month because miners has show their intention to signal segwit2x early http://www.coindesk.com/bip91-begins-bitcoins-miners-signal-segwit2x-scaling-proposal-early/
Is it safe to convert BTC balance in Bittrex into USD Tether until the situation clears up?
In my opinion, yes they will continue to go down until 1st of August because there is a lot of FUD spreading in the social media and also in the market and that makes the people scared of getting in the market so they are just looking at the market without doing anything good action but i think in the mid of the month of august the prices of coin will start to climb up again.
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?
Yes , you are totally true , but you should need to know the exact reason that why the price of the Bitcoin get down because the main reason of the down in the price of the Bitcoin is of panic . 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?
Here to upgrade the network of the Bitcoin and Making it more efficient they want to update with new technology where the same block chain technology will Handle the two coin ( may be this idea can drop because of already launch of BTU , still suspension for me ) and increase the size of the block of the Bitcoin network , so that people can use Bitcoin with more ease and with low fee , but due to this news many people getting in the fear because they are thinking that they can loss some money but reality is that nothing will happen bad or mistake because the Bitcoin netwronteam already made the trial of the Bitcoin new update segwit2x , and that is not bad for the old chain of the coin of the Bitcoin .
So don't getting panic and hold your money btc in the address at which you can handle your tat address that have private key .
Everything started growing again.
Yes for now its started to increase its price again. I dont know actually what will gonna happen if there is a totally a big dump before aug1. Ive just have to wait and let see the price then.
August 1st will be the big event in bitcoin because Segwit2x is going to happen in August 1st and splitting of bitcoins. As for now this is just an speculations for most bitcoins investors and there is a long discussion to happen at August 1st. We should still keep our pace calm and wait for the results after August 1st.
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?
Most of bitcoin investors eagerly awaited for segwit activation so that block size would be increased and transaction fee would get reduced.But no one expected that hard fork might happen and bitcoin would split into two chains.Even some big whales are trying to make investors panic by spreading this news so that they would sell their bitcoins at cheaper price.As they expected,newbies sold their bitcoins and even altcoin holders also started to sell their coins since most altcoins prices are valued based on bitcoin.But i think that all confusions would settle down after august 1 and then bitcoin prices would skyrocket and altcoins would follow it in prices. 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?
Everything started growing again.
until 1 August is a optimistic guess, i think at least 1 October, there are huge bubble in this market now, only time can solve it
It would comes into zigzag way inspite of the downward trend as of now because of the upcoming event on this August but for now i do already see some greens on altcoin compared on last weeks price movements which i do see most of them are on reds which we can able to say that we would somehow hit the bottom if the price movement would be on this way but yet prices starts to breath now even in bitcoin.
I think the downtrend will continue... but it will be nothing as dramatic as what we have seen in the last few days.
Last morning bitcoin has already bounced back. I think there are supports already but still not so much because people are still observing the segwit activations. Once this drama is ok, bitcoin will rise again. Those negative speculation really affects the biotcoin price.
Also, recently I have seen some analysts saying that in order to get coins in both chains, people will probably move money out of the exchanges.
If that happens, the number of Bitcoins in exchanges will drop drastically, and being a matter of supply and demand, the price will go up.
I dont think so all coins will drop till 1st of Aug market never goes in the same direction for long time Downtrend or uptrend both is the part of market it can reverse any time nobody can predict the exact picture of market but we can be careful while trading one must have good technical knowledge of coins that we hold for long & never believe on rumours always do your homework also.
that's it always do your homework before placing entry as we knew that this concerned regarding to what will happen after aug 1 still a long discussion to conclude so better to have some good insight In what particular coin that we will support. always assess before making an entry as many things can
possibly happen after.
I dont think so all coins will drop till 1st of Aug market never goes in the same direction for long time Downtrend or uptrend both is the part of market it can reverse any time nobody can predict the exact picture of market but we can be careful while trading one must have good technical knowledge of coins that we hold for long & never believe on rumours always do your homework also.
I think the downtrend will continue... but it will be nothing as dramatic as what we have seen in the last few days.
Last morning bitcoin has already bounced back. I think there are supports already but still not so much because people are still observing the segwit activations. Once this drama is ok, bitcoin will rise again. Those negative speculation really affects the biotcoin price.
Well, 1st August is the day that the blocks in blockchain of transactions will increase I think.
But the instability of knowing how this will happen is making the volatile values of every coin go down ! I guess it will be like this till atleast start of August. But am also hoping that they will get back on track once this problem will be solved !
But the instability of knowing how this will happen is making the volatile values of every coin go down ! I guess it will be like this till atleast start of August. But am also hoping that they will get back on track once this problem will be solved !
I think the downtrend will continue... but it will be nothing as dramatic as what we have seen in the last few days.
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.
You are right. The bitcoin is the king of the cyrpto currency and it is the prime currency for some exchanges. But I think it will not last too long since the market is much stronger then 2013.
maybe before 1 august price of altcoin will be many raise to avoid bitcoin chain split
for now you can short trade to get daily profit and stop trading before 30 august
for now you can short trade to get daily profit and stop trading before 30 august
Unfortunately it's a yes and there is no sort of guarantee that it will stop after august 1, altcoins only survive because of bitcoin and as bitcoin falls altcoins also start falling and the problem is when people sell altcoins they sell it for bitcoin and then they dump bitcoin because of this the price of bitcoin is falling at a really high pace. If you holding just wait soon in few weeks bitcoin will rise and altcoins will also start rising hopefully. If you also noticed the overall market cap has reduced so that is another reason for the fall when total market cap reach $100 billion again everything will surely be back to normal.
This is just my opinion regarding the topic, I think as long as bitcoins price is going down the altcoins value also goes down with it. But I think after August 1 if bitcoins price will start to increase slowly, eventually all coins will try to increase back too. But there's no need to panic, I have some coins left in a certain trading site and I just left it there and will try check back after a couple of months or by December.
Jump to: