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Topic: Will bitcoin dip below 2000 again before Aug 1? - page 4. (Read 4579 times)

legendary
Activity: 966
Merit: 1042
Well it did but if you didn't buy you missed your chance. Things are really looking up right now with BIP91. I'm HODLing on forever so what do I care!?
hero member
Activity: 840
Merit: 502
yes because because the last week before august 1st is the real panic selling where half of the user in bitcoin would definitely sell their bitcoin because they don't want to risk their btc just to stand what they into. but being a aware on what's possibly could happen is the most better to do. I've been part of bitcoin since the price of bitcoin is around $500 so i know what it feels when i sell out all my bitcoin when the august 1st will come. so just like what im always saying its better to be safe than sorry.
Anything can happen to bitcoin. Bitcoin prices will be easy to change, especially you are people who have long known bitcoin.
Many stories that we can use as a lesson. Do not be strange when you see bitcoin prices increase and decrease easily.
Even if bitcoin is difficult to predict it is not like it is completely unpredictable, the recent increase in price came mostly from BIP 91 locking in and the fact that we are at least going to avoid a fork in the date of August 1, that does not mean a fork could not happen but at least we avoided it for now
full member
Activity: 172
Merit: 101
Bumping this up
hero member
Activity: 778
Merit: 500
I honesty hope it will happen but I have to be realistic too and no I don't think that is going to happen because the bip 91 is locked in which means the next step to segwit and the HF has settled in.

Now miners are signaling for it, the drama is over, at least for now.
full member
Activity: 213
Merit: 100
Many have failed since the past weeks on what will be the effect on the price of bitcoin, even old vinny have failed to predict the outcome, he said that bitcoin price will be even lower than 1800 USD, but what happened was the reverse. I dare say BTC will reach 3800 usd before August 1.
member
Activity: 78
Merit: 10
We are July 21st and way more closer to 3000$ than to 2000$, so I definitely voted "No". As the situation is heading toward a SegWit activation, people cleared their fears and the price is growing back, and I do no think we will see any sharp drop any time soon.
newbie
Activity: 76
Merit: 0
I don't believe that the price of BTC will dip below 2000 USD before 1 Aug, I think 2200 should be the bottom for now, unless something big comes out..

But I would like to here your opinion on one interesting question.

Since the situation with SegWit, fork etc is practicaly resolved (with fork at least till November),

I would  like to hear your opinion  what could be the cause of dip in price during July, August and September (by dio I mean price dip of at least 10 % in one or two days..)

1) some other bad news that causes panic

2) regular corrections, (like on May 27)

3) planned try of dump by big players

4) ... ??

5) ... ??




full member
Activity: 172
Merit: 101
Price still  hasnt diped below 2000 and infact its actualy rising atm!
legendary
Activity: 1372
Merit: 1005
yes because because the last week before august 1st is the real panic selling where half of the user in bitcoin would definitely sell their bitcoin because they don't want to risk their btc just to stand what they into. but being a aware on what's possibly could happen is the most better to do. I've been part of bitcoin since the price of bitcoin is around $500 so i know what it feels when i sell out all my bitcoin when the august 1st will come. so just like what im always saying its better to be safe than sorry.
Anything can happen to bitcoin. Bitcoin prices will be easy to change, especially you are people who have long known bitcoin.
Many stories that we can use as a lesson. Do not be strange when you see bitcoin prices increase and decrease easily.

We cannot speculates the bitcoin changes exactly still it is easy identify the symptoms and implementation which gonna happen in upcoming month and compare that with bitcoin chart changes. That will give answer to know whether price gonna fall near or not.
hero member
Activity: 952
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 more dips here after.Bitcoin has already recovered from its down fall and now its price is around $2577.Bitcoin would only tend to move in bullish trend here after.So it would be wise to hold bitcoins instead of selling in panic.
sr. member
Activity: 406
Merit: 253
We never know that, but there's a possibility that bitcoin price was dip below $2000. Because marketing of bitcoin was affected to coming separation of bitcoin segwit. That's why more users were sell their bitcoin also, they were worries regarding to the declining value of bitcoin in the market.
How can you explain that now the price of bitcoin 2513 dollars? The price is rising before our eyes. August 21 must be stopped segwit? While I was writing this post the price is $ 2518! I'm in shock! It generally defies any logic.
hero member
Activity: 630
Merit: 500
We never know that, but there's a possibility that bitcoin price was dip below $2000. Because marketing of bitcoin was affected to coming separation of bitcoin segwit. That's why more users were sell their bitcoin also, they were worries regarding to the declining value of bitcoin in the market.
newbie
Activity: 44
Merit: 0
It's usually been dipping hard on weekends so we'll find out in about 2 days.
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
IMO, I think it will, since last few days ago it happened. It can happen again easily.
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
I checked many people choose next time will have the bloodbath and the price of Bitcoin dip again. But with me I very like doing the opposite with idea of crowd and waiting my profit Cheesy. I will hold my Bitcoin and buying at now for go ahead haha
sr. member
Activity: 490
Merit: 256
IMHO, yes bitcoin price will go down sub $2000 as we go near that date. The uncertainly is going to be real that a lot of people would rather sell off their bitcoin before Aug 1 and not worry and will go back again once everything looks fine. But I don't want to speculate how low the price could be. I just believe that it will go down. Although I'm not sure as well when the price dip will be a perfect time to buy again because of the low price. Let's just wait and see how everything will pan out.

I must say, we have the same perspective on  these coming days. Up until now, uncertainties are circling the community, no one is certain about what will happen on the said date. Though the panic selling stopped early than I expected, this might just happen again as we approach the day. I think we might go deeper than 1800 USD next time. I am not certain but this is what I am expecting.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
It's funny how much the price currently depends on the Segwit2x evolution - one could build a bot taking Twitter announcements from pool owners & Segwit2x developers and the signalling rate for BIP91 as a source for trading. Grin

So definitively it's possible that we dump again under $2000 or even lower:
- if in the current signalling period we don't reach 80% for BIP91, I think we'll see the $2100 region again.
- if in the second signalling period we stay continuously under 80%, $2000 could be broken.
- if a major pool publicly announces it drops out of the agreement and doesn't signal BIP91, then I expect prices of less than $1800. It is even possible that then the old ATH from 2013 of ~$1250 or ~$1160 (depending if MtGox or Bitstamp) is being tested.

How likely is that? Well, for now, I think we have a 70-80% probability for BIP91 Segwit2x to lock in, but the second scenario I described could well become true (the third is unlikely, I think), so yes, we could have a 50% probability to fall again below $2000.
hero member
Activity: 661
Merit: 502
I personally feel the bitcoin price will still drop again before 1st of August, but it does not seem to be going down too far. I think $1800 - $2000 is the fall of bitcoin prices before 1 August.

Everybody will press the panic sell button before 1 august. I also expect prices will go down till 1500$(support line) btc/usd rate Wink

People will panic, sell and then it'll go back within a couple of weeks.
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
I personally feel the bitcoin price will still drop again before 1st of August, but it does not seem to be going down too far. I think $1800 - $2000 is the fall of bitcoin prices before 1 August.

Everybody will press the panic sell button before 1 august. I also expect prices will go down till 1500$(support line) btc/usd rate Wink
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I personally feel the bitcoin price will still drop again before 1st of August, but it does not seem to be going down too far. I think $1800 - $2000 is the fall of bitcoin prices before 1 August.
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