Will bitcoin dip below 2000 again before Aug 1? - page 5.

Fredomago

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Quote from: Shinpako09 on July 19, 2017, 06:03:57 AM

It seems the dip below $2000 is over for this month though everything could happen as we are getting near at Aug 1st. Price is currently slowly recovering from the dip and seems panic is over so I guess there is no second time dip before Aug 1.

well we can't really assure that mate as we all knew that it will still happen if split will happen since there might be two coins and it will
need to adjust though it still in speculation and segwit seems to be winning but whales might be still not enough and will continue to
shake till aug 1 past.

tobs

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I think that we are still in that fear, panic low time. The correction that happened and that rapid jump from $1800 to $2300 can be just people wanting to grab as many cheap coins as they could. Everyone here is talking that it was the best possibility to buy cheap coins and now we are heading for 5k and so on. The comeback from 1800 was too quick to claim it as natural correction, it's just people wanting to buy at low price that without knowing pumped its price back to above 2000. And as it's pumped price we can expect it to drop again and remain low until August 1st with these "pumping" episodes of $2000+ back again for couple of days. It's not like we are magically "safe". I know that everyone here believes in bitcoin as a general idea and is hoping for it to grow to 1000000 per coin, but there are businessmen looking at it purely financially and with millions of dollars invested they are going to be afraid and panic hearing something about dangerous things happening on August 1st.

Shinpako09

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It seems the dip below $2000 is over for this month though everything could happen as we are getting near at Aug 1st. Price is currently slowly recovering from the dip and seems panic is over so I guess there is no second time dip before Aug 1.

wuvdoll

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Quote from: TravelMug on July 19, 2017, 03:30:21 AM

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.

But, if you refer coin.dance the softfork consensus is having solid 88% support from miners which means there will be no more panic about chain split to happen and scalability issue will be solved in a manner we all preferring. In this case there will be no more chances for prices to fall down below $2000 anymore.

I am expecting prices to touch $2950 once again but well in advance august 1. We can expect another downfall from $2900+ but I am sure that will not break $2000 levels.

denny27

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If it seems to me, it will not happen again. Seen now bitcoin prices have started to boost again and start rising above $2000. But that's just my prediction alone, I do not know whether bitcoin fall below 2000 again or not, which obviously in my opinion will not fall below $2000 again. Well hopefully, just wishes only of me and my prediction.

TravelMug

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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.

jerowacik

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Quote from: DrGuns4Hands on July 19, 2017, 01:17:11 AM

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.

MiladMax

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No, you've lost the chance.

DrGuns4Hands

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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.

RoommateAgreement

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Bazinga!

your poll is misleading because it is not asking the same question as your topic subject!
a correction is always going to happen. it happened yesterday when price reached $2400ish and started dropping down. that small drop down is the correction and it will always happen.

dip below $2000 however is not a correction it is a massive dump. and i don't think it will happen again. depending on how much rise we are going to see in the upcoming days price may never go below $2000 and even if a dump happens it will be much smaller this time.

chip1994

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I guess the price of Bitcoin will dip again and breakdown to lowest price around $1800 - $1500, if use technical analysic you can see yesterday Bitcoin can't breakout resistance line and still bearish trend. The recovery price just bull trap!

Wesimon

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Since bitcoin price got up, many people will try to sell their bitcoin because of the fear that it might go down again. This could have possibly affect the bitcoin price of bitcoin before august 1, anyways if the price of bitcoin decline it will be a great opportunity to buy.

pooya87

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if nothing unexpected happens NO. there is no way to see any dip anymore.

but with bitcoin there is always a chance of something unexpected happening. the bitmain crap is still ongoing despite them signalling for SegWit. the FUD is also always something you need to look out for.
on the other hand there isn't that much time left before August 1 so there is not really enough room to play games and push price below $2000. although we may see something similar to Litecoin SegWit shenanigans again.

The_Dark_Knight

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Quote from: CheapYoutubeHits on July 17, 2017, 08:05:06 PM

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?

I think the price will dip again, people will get more scared as the date keeps getting closer and will begin to take decisions not with their brains but with their feelings and they will make mistakes I think the dip maybe even larger than the one we got a few days ago and that is an opportunity for those willing to take risks.

ramend

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I think the recovery is already cemented since segwitx2 is almost during to activate now. I don't think we are dropping again anytime soon.

jacee

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Quote from: CheapYoutubeHits on July 17, 2017, 08:05:06 PM

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?

Most people are on panick mode whether they will sell or keep their coins. A huge part of the community of bitcoins are people that has really have no idea on what is going on in the market. Most people are just following and panicking because of what's happening with the price. The price may have increased for people who are wanting to get more profit before they dump or the price may drop for people who wants to buy more at a cheaper price. I personally think that there is a high possibility that the price may dip down $2000 again before or even after august 1 happens but I am hoping that the price will recover soon enough.

Taki

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Bitcoin may seem coming back on the top with it's price, the current point is 2200+$. it may look as correction and stabilizing, but just take a look how many people sell! I think that may provoke a new wave of falling down and we may see 1800+$ again.

Bitcoinsummoner

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I think the price today its because the segwit start running by some miners that i read from this thread https://bitcointalksearch.org/topic/m.20198992

It means segwit is running normally with new improve bitcoin this is i think why the price is increasing today and i think we will see more increase soon ..

LeGaulois

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It may be a coincidence but see https://twitter.com/BITMAINtech/status/886839997440995328
As soon as Bitmain announced all its pools would begin signalling for the SegWit2X upgrade, the Bitcoin value started to jump like a crazy

Quote from: davis196 on July 18, 2017, 01:02:24 AM

We can`t be sure that this is going to be a hard fork.
Some exchange platforms cancelled their deposits and withdrawals, they are all waiting for August 1.
This is have impact over bitcoin trading,so i expect another price fall.
People will be too afraid to trade,send and receive bitcoins and the price will go down for a few days before and after August 1.

What?

Can you tell me which platform are cancelling deposits/withdrawals until the August 1? I have not read something similar. So please kindly post a source here. Because on Bitcoin news websites or here, I have not read something like you are telling and I am a little surprised if it's true

AjithBtc

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within few days time the price has grown from sub 2000$ and now towards 2300$, which looks promising to reach the peak value. Though we have got the maximum possibility of splitting of chains, the growth in terms of adoption and value is expected to increase in a gradually manner. Lets hope nothing worse happens after Aug 1

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