Will bitcoin go under 2000 dollars until august 1? - page 5.

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Quote from: audaciousbeing on July 15, 2017, 05:22:35 AM

This is exactly my point but in all sincerity, its actually a difficult thing to do at this time considering the panic that have ravage the space and I must say the confidence level is really dropping among people who have initially promised to hold still

Nothing is easy, but I seriously don't understand why anyone would ever want to sell at a loss if they don't have to. Yes, the price is going down, and the forum nearly explodes with 1st of August threads, but this is something they should have seen coming. If people choose to invest in something, they have to properly understand what they are investing in, and also understand that certain upcoming events may cause the market to turn into a temporary bear hole. If people get upset right now, then it shows that they were aiming at a lucky shot.

Quote from: deisik on July 15, 2017, 08:10:52 AM

Or do you have a sizable stash of bitcoins, and you now feel it with your skin how their dollar value vanishes?

I do have a fair bit of coins, and no I am not caring about any sort of short term decrease in terms of fiat value.

Quote from: deisik on July 15, 2017, 08:10:52 AM

If this is no more than panic selling, you should be happy to buy bitcoins low and lower, right?

That's exactly what I am doing.

Quote from: deisik on July 15, 2017, 08:10:52 AM

Personally, I was telling people to close their positions when the price had yet been over 2,500 dollars per coin (not so long ago), and this is what I did myself anyway

You did the right thing. My main point is that people shouldn't be selling their coins in current state at a loss, while they could have done their selling at far higher levels before. If you didn't sell back then, then just suck it up, and don't sell now. Instead, use current levels to increase your coin count, and as result, decrease your overall buying price.

richardsNY

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Well, I didn't thought we would be visiting sub $2000 levels, but we did. It's quite tempting to buy myself a few coins, but won't do so yet. Now the price has taken a dive under $2000, I think we may very well go down a notch or two more in the coming days. I will start buying back some of my recently sold +$2400 coins if we happen to dive under the $1800 level. I did well in not buying back at low $2000's. Remaining conservative can definitely help out in certain situations.

ximply

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I just made another buy and will keep doing it for i want to accumulate bitcoin and i will not do panic selling.

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Its now below $1980. Its falling due to lack of support. Lets buy now.people and stop selling.

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Quote from: Shinpako09 on July 15, 2017, 08:54:42 AM

Just wait for August 1 don't waste any single cents. Sad to say but it seems we can see lower than $2000 earlier than that date. Today 24H low on bitstamp was $2005, almost touching under $2K. So it's better if you will just wait for Aug 1 if you want to buy at a cheaper price.

Looks like people are withdrawing money from bitcoins, panic selling or just a strategy to sell now and buy later while it's cheaper I don't know, but I think we will see bitcoin price under 2000$ mark.
August 1 is just a date, and its just one day, for us to see changes time needs to pass. Week or month, maybe more I can't give some accurate prediction cause I'm not some expert, but I sincerely doubt that everything can happen in just one day and in next day to see price back on 3000$. Patience my dear friends is what we need now, waiting and observing the situation, like last year maybe we will see results in October, November, and that is 4 months from now.

Shinpako09

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Just wait for August 1 don't waste any single cents. Sad to say but it seems we can see lower than $2000 earlier than that date. Today 24H low on bitstamp was $2005, almost touching under $2K. So it's better if you will just wait for Aug 1 if you want to buy at a cheaper price.

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Quote from: bitcoiner7 on July 11, 2017, 11:03:38 AM

Will bitcoin go under 2000 dollars until august 1?
I'm planning on buying 1 whole bitcoin, but I don't have that much money. I only have 1950 around dollars.
Should I wait to buy a whole bitcoin or just buy 0.8 btc now?

The bitcoin price ranges from $2015 to 2045 in the different exchanges with a drop of +$500 in one week so yeah... - $2000 seems possible in the next hours or days

xIIImaL

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Quote from: Nahl on July 15, 2017, 06:45:15 AM

if we see for the current price movement i have to says yes bitcoin will go under $2000 but just in case if i may to suggest that i think you have to wait a little longer and buying between date July 29 - 30 July because on those date maybe bitcoin will dropped to the bottom and your amount will be enough to buy 1 bitcoin or maybe you can buy more than 1 bitcoin with it

I checked the bitcoin price in preev and value for one bitcoin is around 2040$. I didn't expect this price fork. If this goes like that no one will hold the bitcoins. All the people will move towards ETH and other alts which is good for investment. Seriously fear about August 1st. I personally don't this to happen.

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This is indeed a bad thing. Bitcoin prices have a very high correction, many people are experiencing panic sell and then this causes a decrease in bitcoin prices. All the bitcoin markets in the world are experiencing uncertainty. Many investors are also frightened and withdraw their money to the USD. This is unexpected, after everything went well for the last 2 months and finally the bitcoin price decreased

xsaints128

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It can dip below 2000 mark but for a short time. After August 1, it will rise again.

deisik

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Quote from: 1Referee on July 15, 2017, 05:06:31 AM

People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything.

What are you afraid of really?

Or do you have a sizable stash of bitcoins, and you now feel it with your skin how their dollar value vanishes? If this is no more than panic selling, you should be happy to buy bitcoins low and lower, right? Otherwise, I find it a bit hypocritical to tell people not to sell when you yourself don't know for sure whether the price won't crash. Personally, I was telling people to close their positions when the price had yet been over 2,500 dollars per coin (not so long ago), and this is what I did myself anyway

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if we see for the current price movement i have to says yes bitcoin will go under $2000 but just in case if i may to suggest that i think you have to wait a little longer and buying between date July 29 - 30 July because on those date maybe bitcoin will dropped to the bottom and your amount will be enough to buy 1 bitcoin or maybe you can buy more than 1 bitcoin with it

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Quote from: bitcoiner7 on July 11, 2017, 11:03:38 AM

Will bitcoin go under 2000 dollars until august 1?
I'm planning on buying 1 whole bitcoin, but I don't have that much money. I only have 1950 around dollars.
Should I wait to buy a whole bitcoin or just buy 0.8 btc now?

I am afraid it may go under $2000 levels before august 1 as people are moving away from exchanges and probably securing their capital into fiats to buy back after aug 1st. They got reasons and this downfall is not due to any negative aspects of bitcoin ecosystem hence we must stay calm till aug 1st without going for panic selling.

I guess there could be strong physiological resistance will be possible round $2000 levels. If it holds then we may see temporary short term upward movements till $2300.

tobs

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People here keep saying that noone knows what will happen before August 1st, but we actually can be quite confident in what is going to happen until then. There are us who believe in bitcoin as a general future coin and we know that it will survive no matter what. But there are a lot of people that look at bitcoin only for quick short-term profits and any news about some huge change and presumably split of the coins will make all these investors and businessmen just plainly panic. And we see it already now. Half a month before the 1st and the price is already falling, when the rest of people see that the price is falling they will sell as much as they can to get their lovely fiat money. Then just before the 1st the price will hit low, maybe 1500. That's the moment when you decide whether you take a risk and buy it hoping the split won't totally destroy bitcoin and we will go for 5000 maybe. Until very last days of July we will see it lower and lower and that's good for buyers.

audaciousbeing

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Quote from: 1Referee on July 15, 2017, 05:06:31 AM

People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything.

This is exactly my point but in all sincerity, its actually a difficult thing to do at this time considering the panic that have ravage the space and I must say the confidence level is really dropping among people who have initially promised to hold still and that's my earlier position that the outcome of this is largely dependent on the reaction of the majority in the crypto space which is what we are expecting. The below $2000 mark is very much possible considering the number of days to August 1 compared to the current price.

1Referee

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People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything.

SvenBomvolen

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Bitcoin is keep falling! The official price is 2093.44$ in the current moment WOW WOW No doubt why so much people got panic, but I will hold my coins, all this "bitcoin is dying!" can't affect on me! But the situation shows us that Bitcoin will fall under 2000$ price till the 1st of August. It's just the middle of the month and the price is already close to 2000$ as never before.

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Quote from: bitcoiner7 on July 11, 2017, 11:03:38 AM

Will bitcoin go under 2000 dollars until august 1?
I'm planning on buying 1 whole bitcoin, but I don't have that much money. I only have 1950 around dollars.
Should I wait to buy a whole bitcoin or just buy 0.8 btc now?

I think you should wait if you looking for lower price because now is very close to 2000$ on all exchanges and it is falls down very quick.This is something that many people waiting and like you they want to invest in BTC.But this low price also have some extra risk in spite of the fact that buying bitcoins is always a risk.

In any case an opportunity is shown to buy cheap BTC in the next days/some will buy-others will sold and wait to see what will happen after the August 1.

Pursuer

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Quote from: fabiorem on July 15, 2017, 03:31:34 AM

There will be no fork.

UASF is user-activated, you need a modified version of QT, which is the wallet most people use to store BTC in their computers. A very small minority uses this modified version. So it will crash if activates. This is the one that will be activated in August 1, but few people are saying it depends on you, the user, to happen. Since most users dont know about this, it will not happen.

BIP148 is the original SegWit, I guess. But SegWit2x have more support, it's near 95%. If it reaches that, BIP148 needs to be abandoned per rules of consensus. Date for SegWit2x activation would be 21st July. If it wont reach 95%, nothing will happen, and BIP148 will keep pushing until someone reaches 95% consensus.

No fork, just a bunch of whales selling everything and generating FUD with fake news.

Maybe this is the last time they can do that. Maybe big money from companies will pour after SegWit activation, who knows? That's the reason why this time is falling so much as to become a bear market.

True, BIP148 is a way of activating original SegWit.
the support for SegWit2x is about 90% last time I checked. and it only needs 85% support for activation and the 95% was for the original SegWit. which means it is already above that needed threshold.

if you are looking for the exact bottom to buy at, maybe waiting can be a good idea. but a better idea would be buying something at the very least. for example buy 25% of what you want to buy soon and then wait to see if it goes below $2000 or not. if you wait and it doesn't go that low you will be kicking yourself.

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There will be no fork.

UASF is user-activated, you need a modified version of QT, which is the wallet most people use to store BTC in their computers. A very small minority uses this modified version. So it will crash if activates. This is the one that will be activated in August 1, but few people are saying it depends on you, the user, to happen. Since most users dont know about this, it will not happen.

BIP148 is the original SegWit, I guess. But SegWit2x have more support, it's near 95%. If it reaches that, BIP148 needs to be abandoned per rules of consensus. Date for SegWit2x activation would be 21st July. If it wont reach 95%, nothing will happen, and BIP148 will keep pushing until someone reaches 95% consensus.

No fork, just a bunch of whales selling everything and generating FUD with fake news.

Maybe this is the last time they can do that. Maybe big money from companies will pour after SegWit activation, who knows? That's the reason why this time is falling so much as to become a bear market.

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