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Topic: Will bitcoin dip below 2000 again before Aug 1? (Read 4564 times)

sr. member
Activity: 756
Merit: 255
In fact, I do not know what should happen, that bitcoin would fall below $ 2000, as for August 1, then the situation is confused, it was silly to think that the equation will be August 1, most likely it will happen in a couple of months, in the middle of autumn or the end And its price will be from 3000 to 3500 $
hero member
Activity: 840
Merit: 502
I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
The panic selling happened a lot earlier, at some point bitcoin reached a price below 1900 if I remember correctly, that was the moment to buy bitcoin, now I do not think we are ever going to see that price again, but if you are a bitcoin holder that is not really that important.

We might not see that price go sub $2000 again and yeah I think that is the best price to buy bitcoin. However, if you missed that boat then I guess you need to wait buy the question is when we are going to see bitcoin floor again below $2000? Really hard to predict now as we are seeing a massive bull run just right after the Aug 1 fork. BCC cash is also enjoying its price. So it you have extra funds then don't wait, just buy it so that you can still profit if the future holds for like $5000 or more in the future.
A possibility of seeing a price close to that is in the weeks before November since the miners still seem to be determined to try to make a hard fork, that will create the perfect storm for those that like to take advantage of opportunities and buy bitcoin while it is cheap.
hero member
Activity: 2660
Merit: 551
I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
The panic selling happened a lot earlier, at some point bitcoin reached a price below 1900 if I remember correctly, that was the moment to buy bitcoin, now I do not think we are ever going to see that price again, but if you are a bitcoin holder that is not really that important.

We might not see that price go sub $2000 again and yeah I think that is the best price to buy bitcoin. However, if you missed that boat then I guess you need to wait buy the question is when we are going to see bitcoin floor again below $2000? Really hard to predict now as we are seeing a massive bull run just right after the Aug 1 fork. BCC cash is also enjoying its price. So it you have extra funds then don't wait, just buy it so that you can still profit if the future holds for like $5000 or more in the future.
sr. member
Activity: 518
Merit: 250
I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
The panic selling happened a lot earlier, at some point bitcoin reached a price below 1900 if I remember correctly, that was the moment to buy bitcoin, now I do not think we are ever going to see that price again, but if you are a bitcoin holder that is not really that important.
That time dip price BTC under $2000 before August 1st, although panic selling make the price of Bitcoin flash crashing, but then a huge number order buying recovery the price of Bitcoin and create strong support line at $2500 until breakout resistance line at $3000 in past days.
hero member
Activity: 840
Merit: 502
I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
The panic selling happened a lot earlier, at some point bitcoin reached a price below 1900 if I remember correctly, that was the moment to buy bitcoin, now I do not think we are ever going to see that price again, but if you are a bitcoin holder that is not really that important.
sr. member
Activity: 490
Merit: 250
Nightmares never happen again. This is glorious time for bitcoin to succeed. Bitcoin prices continue to sky. Logically, for what world's major countries accept bitcoin as means payment if bitcoin rate will decline much lower as in previous years.
full member
Activity: 266
Merit: 103
Well that answers that... seeing all time highs now.
sr. member
Activity: 1190
Merit: 306
Guess that didn't happen!  I was not expecting btc to drop that low, but
I wasn't exactly expecting $3K quite this soon, either.  This market is
always full of surprises.   Now I'm just keeping my fingers crossed that
these gains are sustainable.   We could crash back down to $1900 again
pretty easily enough.   Let us hope that doesn't happen.
hero member
Activity: 1274
Merit: 513
Those people for sure sell their bitcoin before august 1 they lose opportunity to earn more. Because if you see the price of bitcoin today its already 3000 dollars and continue to increase and I hope it will increase more so we can earn alot of peofit in the future. Before august 1 the pruce down at 2000 dollars butit will recover again after few days and for sure this month bitcoin price will increase more.
sr. member
Activity: 560
Merit: 257
I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
hero member
Activity: 756
Merit: 500
So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?

No , i think all is done and bitcoins price now is only waiting after August 1 to pump .Maybe in exact august 1 we can see some small dumps in price but it is only like that will not go more than below 2500$.
There will be huge pump like btc will reach to $3500 or $4000 because as the current market showing the ability of bitcoin. SegWit implementation will play big role so everybody is keep watching the change so let's hope for the best to see how market will be change after 1 August. So in my opinion it will goes to 5000 USD soon at the end of August.
hero member
Activity: 840
Merit: 502
We already got the answer isn't it? It didn't dip as we expected but instead the price looks above $2700 after the fork. And it even increase for a big hours before the fork at $2900 and some exchanges reported at passing the $3000 mark. So all the fears and uncertainty should have gone for now and we expect a good price ceiling in the future. I think we can say that the fork didn't affect the market price at all, if it did then we didn't noticed it all.
The only reason it did not dip and had a good price before Aug 1 was because people realised they were going to be getting free coins at the price of holding some coins until the split happened and am counting on bitcoin to rally when more people figure out how to split their bitcoins for the main chain bitcoin (XBT) and Bitcoin cash(BCH),otherwise we not going back below $2k for now..probably never.
If that was the only reason then bitcoin should have dropped in price after people figure out how to get their bitcoin cash but that is not what happened, even after all of that the price of bitcoin keeps strong and the one that is losing value is bitcoin cash.
hero member
Activity: 686
Merit: 521
We already got the answer isn't it? It didn't dip as we expected but instead the price looks above $2700 after the fork. And it even increase for a big hours before the fork at $2900 and some exchanges reported at passing the $3000 mark. So all the fears and uncertainty should have gone for now and we expect a good price ceiling in the future. I think we can say that the fork didn't affect the market price at all, if it did then we didn't noticed it all.
The only reason it did not dip and had a good price before Aug 1 was because people realised they were going to be getting free coins at the price of holding some coins until the split happened and am counting on bitcoin to rally when more people figure out how to split their bitcoins for the main chain bitcoin (XBT) and Bitcoin cash(BCH),otherwise we not going back below $2k for now..probably never.
full member
Activity: 282
Merit: 100
We already got the answer isn't it? It didn't dip as we expected but instead the price looks above $2700 after the fork. And it even increase for a big hours before the fork at $2900 and some exchanges reported at passing the $3000 mark. So all the fears and uncertainty should have gone for now and we expect a good price ceiling in the future. I think we can say that the fork didn't affect the market price at all, if it did then we didn't noticed it all.

The title's question has been answered as indeed the price didn't drop, solely on August 1st it actually didn't do anything spectacular in any direction. It may have gone up to $3000 in last days, but it doesn't mean we won't see that "August 1st drop". Because it's a really probably dump that can happen because of what has happened and all the segwit stuff. We didn't see it yesterday, but there is this chance in a few weeks, maybe still in August. There are big players that can enjoy price being pumped to $3000 just to sell it and buy back when it hits $2000 again. We need to wait and see how that BCC will act. There are people that actually believe in it, not sure if trolling or wanting to fakeingly pump the price, but if they have a support of some big players we may even see this coin survive at some random $500 price.
sr. member
Activity: 826
Merit: 265
We already got the answer isn't it? It didn't dip as we expected but instead the price looks above $2700 after the fork. And it even increase for a big hours before the fork at $2900 and some exchanges reported at passing the $3000 mark. So all the fears and uncertainty should have gone for now and we expect a good price ceiling in the future. I think we can say that the fork didn't affect the market price at all, if it did then we didn't noticed it all.
hero member
Activity: 840
Merit: 502
The situation quite unpredictable at this very moment. Anything could gonna happen as it may dip below 2000$ before 1st August. But there are possibilities that the will uptrend soon.
 Wink
Fortunately for us nothing like this happened, bitcoin is holding its price and there is not a reason to think anything like this is going to happen, if bitcoin cash was an attempt of the miners to try to make the price of bitcoin crash to buy even more and get bigger earnings then that plan seems to have failed.
hero member
Activity: 896
Merit: 514
At this moment BTCitcoin is still on high arrows. One day to go after august1 or on that day, my prediction is stable or higher to 2900$ it would be just appropriate to hold on it.
Yes, I am also expecting prices to be around $3000 levels in next few hours as there could be more hype about getting then scalabilty issue solved by august 1. But we need to remember that traders might have moved away their coins from exchanges and they may not go for buying new coins till everything will be settle down hence I do see prices to stable for next two days.
sr. member
Activity: 462
Merit: 250
https://saturn.black
As I see on an exchanger the price is only growing and it's 31 of July already. So, all negative predictions didn't come true. I am impatient to see what is going to be with the price during this day and on the 1st of August Cheesy

Only one way to find out, hold it and claim your BCC. This way you can have your free BCC just like how we got Byteballs and so BTC will continue. I think it will also rise like before. Prediction says BTC will be $500K in 5 years.  Cheesy

There are even bolder predictions. Some analysts and famous people believe that bitcoin can reach a very high price.
August 1 and a few days after this date will be a small price reduction. I do not think that we will see a strong collapse
sr. member
Activity: 308
Merit: 251
At this moment BTCitcoin is still on high arrows. One day to go after august1 or on that day, my prediction is stable or higher to 2900$ it would be just appropriate to hold on it.
legendary
Activity: 2492
Merit: 1018
As I see on an exchanger the price is only growing and it's 31 of July already. So, all negative predictions didn't come true. I am impatient to see what is going to be with the price during this day and on the 1st of August Cheesy

Only one way to find out, hold it and claim your BCC. This way you can have your free BCC just like how we got Byteballs and so BTC will continue. I think it will also rise like before. Prediction says BTC will be $500K in 5 years.  Cheesy
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