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Topic: Will bitcoin dip below 2000 again before Aug 1? - page 2. (Read 4564 times)

hero member
Activity: 1078
Merit: 514
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
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
I will slightly correct my previous prediction.

I still believe that in the mid-term we should see a bullish evolution of the Bitcoin price. But reading /r/btc there seems to be nearly a consensus among big blockers to support Bitcoin Cash. So I expect that on August 1-5 we will see a pretty nice dump. I don't really know anymore if this won't drive the price once again under $2000, before we see the final Segwit rally in mid August.

The dump could begin even before August 1 because of Bitcoin speculators/traders deciding to dump before the "real dump" occurs (and eventually re-buy BTC and Bitcoin Cash at lower prices). So tomorrow today it will be very interesting to follow the price evolution. I, however, do not believe that we see sub-2000 prices before the Bitcoin Cash fork occurs, but it could go well under $2500.
sr. member
Activity: 396
Merit: 252
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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$.
hero member
Activity: 798
Merit: 506
Last time bitcoin price fall below $2000 in this month and already recover over $2700 right now, people expect bitcoin price drop back before hard fork but it seems persist at this point. So, we can assume that people may buy and hold bitcoin in order to get free bcc as well and bitcoin price could be increase after hard fork. If people cash out bcc and buy bitcoin after hard fork, then we will see significant increase more than $3000.
hero member
Activity: 840
Merit: 502
I say yes. Have two reason make me choose it:

1. August in 2016 and 2015 are the time Bitcoin decreasing, although not know the reason make that but this is a rules in 2 years ago!
2. Use technical analysic for compare chart Bitcoin in 2017 with 2013, I can see some similarities after the price of Bitcoin breakdown to $1800 and recovery to $2900 after some days. Maybe we are stay in Elliot waves B is bullish trap and if August 1st is waves C, we will see big breakdown in that time!
No, in 2017 the crypto world have many more changes on market. It not as 2013-2014 have big crash by the news Mt.Gox exchange stealing money of user and escape. After admin Mt.Gox had arrested, the price of Bitcoin have some signal increasing from 2015 until today. I believe after August 1st Bitcoin will reach to $5000 soon
Correct, there are no similarities, the 2013 crash was a bubble like nothing we have ever seen in bitcoin and the crash that followed was spectacular as well and the price of bitcoin was depressed for years after it, so this situation is nothing like it was before.
legendary
Activity: 1960
Merit: 2124
The situation quite unpredictable at this very moment. Anything could gonna happen as it may dip below 2000$ before 1st August. But there are possibilities that the will uptrend soon.
 Wink
full member
Activity: 266
Merit: 101
The Future of Global Copyright Registration
just 2 days before August 31 and bitcoin price still increasing exponential. I think most likely the price wont dip anymore and will skyrocket to the moon after August 31.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
It will not happen, bitcoin will never fall to $2000 as it once was. More countries that receive bitcoin as a means of payment will reinforce bitcoin exchange rate. Even, price bitcoin continue to rise from year to year.
sr. member
Activity: 1218
Merit: 254
Trphy.io
I dont think there will be bitcoin rate at $ 2000. Aug 1 will not have a big effect on the price decline, it's just the opposite. Bitcoin will continue to creep up..
full member
Activity: 282
Merit: 100
Yea i think the big panic already happend,


Price seems to still be increasing even right before Aug 1,

But anything can happen , we will need to wait and see .

The price increasing that we see now can be a big pump that if it breaks it's gonna fall hard. I think August 1st has been already claimed as some sort of a doomsday and whatever happens to bitcoin on the technical site, so whether or not there is going to be a fork or any problems, people will still remember of this widely spoken disaster that August 1st can be to bitcoin and still will panic and sell their coins in bulk "just in case".
full member
Activity: 172
Merit: 101
Yea i think the big panic already happend,


Price seems to still be increasing even right before Aug 1,

But anything can happen , we will need to wait and see .
hero member
Activity: 840
Merit: 502
I am not really thinking about a correction before August,lets see how things will go and how the fork will go and after that we would know what the direction of bitcoin will be,i am hoping for a good rally if everything goes well and these are uncertain times as no can clearly predict what the future holds when it comes to the price.

Some guys think there will be a correction on november because we'll have another split possiblity on november. I will start trading bitcoin after the exchange lock ends. If goes under $2,500, I'll buy some to save.
The miners wanted to hard fork to a 2MB increase in bitcoin, but now we have bitcoin cash that has an increase to 8MB blocks I think this measure was taken because some miners thought that the hard fork planned for November was not going to happen and now are taking matters in their own hands.
sr. member
Activity: 259
Merit: 250
There might be another mini-panic for those that are out of the loop. Otherwise, I think Bitcoin will skyrocket this year.
legendary
Activity: 2758
Merit: 1228
It seems that it will not happened again, indeed bitcoin prices can not we guess exactly but now looks consistently bitcoin prices above $ 2000. And it reinforces that bitcoin prices are above and seem unlikely before 1 Aug bitcoin prices suddenly dropped dramatically to below $ 2000. So i think don't panic and stay hunting profits by bitcoin.
This is hardly to predict of what price it will take before aug1 but for me I think it will not dumped below $2000. As the price is started to recover because of the dump happen before. Yes let not panic on the what the outcomes may happen lets just joined the rides. And still lets earn profit on bitcoin.

Hard to predict its price if that date will occur since its pretty unpredictable markets happening on bitcoins right now but if we want to earn with this and do gamble well much better if we grab some balance for buying some btc by that time occur, but i don't expect for the price to get down by that moment but instead the one will surely occur is the rising of its value.
hero member
Activity: 840
Merit: 501
Seems like the price has gradually recovered and being stable over 2500$, and a lot of people relieved that the forking wont be happening, so with this positive trend I dont see any chances to drop under 2000$ unless suddenly forking happened
legendary
Activity: 1288
Merit: 1000
2. Use technical analysic for compare chart Bitcoin in 2017 with 2013, I can see some similarities after the price of Bitcoin breakdown to $1800 and recovery to $2900 after some days. Maybe we are stay in Elliot waves B is bullish trap and if August 1st is waves C, we will see big breakdown in that time!
Technical analysis of cryptomarket was never a good option to estimate trends - we can agree that for the most part, technical indicators are not working correctly.
Indicators are lagging, create a noise and are simply elaborate method of guessing. Bitcoin might reach the moon and go back and technical indicators won't have time to react accordingly.
Bitcoin scaling upgrade is something unique and new, we can't compare the current market situation to anything that happened before just because charts look similar.
full member
Activity: 511
Merit: 100
It seems that it will not happened again, indeed bitcoin prices can not we guess exactly but now looks consistently bitcoin prices above $ 2000. And it reinforces that bitcoin prices are above and seem unlikely before 1 Aug bitcoin prices suddenly dropped dramatically to below $ 2000. So i think don't panic and stay hunting profits by bitcoin.
This is hardly to predict of what price it will take before aug1 but for me I think it will not dumped below $2000. As the price is started to recover because of the dump happen before. Yes let not panic on the what the outcomes may happen lets just joined the rides. And still lets earn profit on bitcoin.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
I say yes. Have two reason make me choose it:

1. August in 2016 and 2015 are the time Bitcoin decreasing, although not know the reason make that but this is a rules in 2 years ago!
2. Use technical analysic for compare chart Bitcoin in 2017 with 2013, I can see some similarities after the price of Bitcoin breakdown to $1800 and recovery to $2900 after some days. Maybe we are stay in Elliot waves B is bullish trap and if August 1st is waves C, we will see big breakdown in that time!
No, in 2017 the crypto world have many more changes on market. It not as 2013-2014 have big crash by the news Mt.Gox exchange stealing money of user and escape. After admin Mt.Gox had arrested, the price of Bitcoin have some signal increasing from 2015 until today. I believe after August 1st Bitcoin will reach to $5000 soon
sr. member
Activity: 924
Merit: 255
It seems that it will not happened again, indeed bitcoin prices can not we guess exactly but now looks consistently bitcoin prices above $ 2000. And it reinforces that bitcoin prices are above and seem unlikely before 1 Aug bitcoin prices suddenly dropped dramatically to below $ 2000. So i think don't panic and stay hunting profits by bitcoin.
member
Activity: 118
Merit: 10
Nothing changes. Bitcoin will still hardfork.
Bip91 is irrelevant.
The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way.
This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.
After the activation of Segwit through Segwit2x which is about to happen, hardfork will take place in November which is quite far away to speculate anything about price. I didn't understand your point of splitting between Segwit and Segwit2x as Segwit2x is bringing Segwit. They aren't competing. As Segwit is about to get active, thus, BIP148 won’t trigger the orphaning of non-Segwit signalling blocks at all. Hence, no splitting.

SW2x is completely unnecessary, badly coded and causes tension within the community. Just because a bunch of miners were basically tricked to sign up for it doesn't mean the users have to. Regular SW resolves all the problems we have and ensures a smooth road for the future.


you just estimate that btc will fall on 17 July but it did not fall.
Do you really believe it will fall again this week?

what is reason?
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