Topic: Will Bitcoin price come back up? (Read 1270 times)

well I think the reason Bitcoin drops is because of the cacellation of Segwit2x which means the hard fork will not be occuring at at block 494,784 which is good news. And  I think the value of Bitcoin will still regain its price in days or weeks time. After all it's just normal that the value of bitcoin always goes up and down.

With the lightning network and SegWit2x still planned for the future, I only see Bitcoin becoming stronger as these new developments grow.

The LN will solve the problem of slow txn speeds which has been plaguing traders lately and would actually make Bitcoin Cash somewhat obsolete. I can see Bitcoin and Litecoin developing a stronger relationship to the point where Bitcoin will be used as an investment vehicle while Litecoin is used for instant transactions for food, clothing, etc. This could be a great solution to the current problem of high fees and slow payments in the long run.

The price did even dropped and my speculation about 2-3 days isn't done yet. There's almost one more day to see if there will be a surprising comeback for bitcoin. Once the transactions are good enough again and there's no more delay for sure everything will be fine and people that left bitcoin will be regretting it.

Yes sure it will come again. Now the price is down and I still believe it will be up again.
Still many new investors coming in bitcoin. They still trust bitcoin is good investment for the future.

Yes ofcourse bitcoin is too powerful to be down weak hands sell it. Because of segwit2x or upgrades the price when down and the afraid of losing it.

Definitely it will, We just have to wait until this stupid attack of big whales will be done, then it will back to normal, I just see pumping BCH will just go to a big dip. The support of one person on Bitcoin means a lot on the Community that believes on the future of Bitcoin.

YES bitcoin price will come back sooner without knowing it. I still believe in bitcoin despite of what is happening such as dropping its price then bitcoin cash is all the way up. Bitcoin price is still number one even though it is dropping. It happened before then when it recovered it is very high. 10,000$ prediction is still possible, many days left before December lots of things will happen, it will easily recover how much it drops. It is now 6074$ , 1000$ already drop. Time to buy before it recover. One of the things I have learned when I enter bitcoin is that "Nothing is permanent".

Yes, all these are all just temporary hurdles and definitely bitcoin will bounce back to its track of getting appreciated in coming days. I never consider those forks can do anything against the growth bitcoin systems. Probably the increasing tx fees of bitcoin transactions will be a worry for gaining continuous support from crypto adopters.

But we can say to maintain the dominance of bitcoins, we must solve tx hassles with a concrete and permanent way. Otherwise these silly forks may sum up as a big competitors.

agree this past few days there was a lot of bitcoin drama that was happening , they create FUDs with an intention to kill bitcoin however bitcoin was always been strong ,this was not new to bitcoin and will get over with this very soon ,just buy more bitcoins for now and we could expect a bitcoin pump very soon

There are many who start another drama related to bitcoin after one another just trying to crash BTC price at some point but nothing gonna affect it.So just relax this will end soon and will give pump to Bitcoin price and we hope to see the price to $10000 by end of 2017 .Don't get panic just believe on the power of bitcoin.

but the correction price is too deep and no one predict this or at least we are not sure that the correction price will become today. but i think as always bitcoin will recover again after this crisis and with bitcoin cash in the second position at coinmarketcap, the name of bitcoin will leading crypto currency world and bitcoin itself will be reach the glory in future.

correct volatility actually was good so you could buy bitcoins for much cheaper price , Bitcoin was just have this price correction and when it recovers we could expect it to uptrend upto 9000 usd and those who buy today will certainly have a nice profits ! the more you buy today the greater the profit tomorrow !

Oh man volatility is a bitch.
But. I think BTC now is like anoy other asset.
If it reached 7800 we may be sure it will do it again.People have more confidence to trade it till this price range.
This is awesome opportunity to make money.Buy low and sell high.

agree it maybe a crisis today in the world of bitcoin but it will no be forever like this ,This was already happen in the past but there no other way for bitcoin after this but to go up ! let just wait for a little longer and with certainty bitcoin price will rise soon and those who buy today will enjoy a good profits soon !

Someone is aware about this message dated from 30 july 2017 ?  :

https://pastebin.com/n0aGBMQr 


"Traders, certain information has come to my attention that is causing me grave concerns and i feel it is my duty to warn each and every one of you.   
   
We all know the scaling drama has caused a huge rift, resulting in bitcoin forking into the soon to be "Bitcoin Cash".   
   
I know many have large holdings and savings in bitcoin, and are 'hodlers' and will never sell, so when the selling starts, you may lose everything if you don't also sell. 
 
Gentlemen, this is certaintly not going to be gentlemen.     
   
Certain information has come to light from back room channels, sources i cannot disclose ~ even writing this post will probably reveal my source - but i feel by gods will, I must warn you all. 
 
Selling is coming. Selling the likes of which hasn't been seen since MtGox era. 
Already as i type this, battleships of bitcoin are being shorted on all major exchanges. 
 
Gentlemen, The enemy, the big blockers, have colluded and joined forces. The chinese, Jihan & co have put together a plan to replace bitcoin with bitcoin cash. 
   
The plan goes like this: 
Chinese miners (f2pool, antpool etc etc) have organised with major exchanges (via/huobi/okcoin etc) to support and launch bitcoin cash. 
Initially they will let everyone who wants to sell, sell.   
Once the coin has bottomed out, and everyone who wanted to sell has sold, they [chinese miners/jihad/chinese exchanges] will begin accumulating lots and lots of bitcoin cash. 
They will then begin to pump the price  to around 0.1 BCC/BTC - 10% 
The big pools won't mine it ~ they will let the smaller pools see the returns from mining this expensive, but low difficulty coin and start mining it. 
Later, the larger pools will join, and as we know, jihad has ALOT of hashing power, their plan is for bitcoin cash to have more hashing power than bitcoin ~ and lets be honest, once t he chinese move over, that is pretty much it. 
Around this time, the 'hard fork' section of segwit 2x is not going to happen ~ it never was - Bitcoin cash will then be seen as the original NYA coin.. 
At that point in time, Bitcoin cash will be on all major chinese exchanges, possibly some western exchanges aswell, and have majority hashing power. Western companies & other merchant providers (BitPay - @Spair) etc - paid off by bitmain etc will go along with the new bitcoin cash narrative and will push for the 'bitcoin cash' to be called 'bitcoin' on all their platforms, leaving only coinbase et all which will then be the odd ones out.. 
   
Now comes the scary part, The old bitcoin, the bitcoin we know and love, is going to get DESTROYED. 
What determines a coins success ? It's market cap. 
Big old school blockers and miners are going to dump bitcoin back to the bottom, they will take literally billions and billions of dollars out of bitcoin. They will use the money to fund the marketing, and development, or 'bitcoin cash' - Think, Bitcoin core - FIRED.  Think - forbes article, "why bitcoin miners and companies are moving to bitcoin cash" - think - "Why the market is chosing bitcoin cash as bitcoin not bitcoin core"  - They wil lsay the market has spoken, that people have voted with their money. 
   
Right now, massive huge shorts are being built, already on finex, shorts are at 32k - not seen since $200 these kinds of numbers of shorts, and its climbing, all the t ime, consistently, they have ALOT of coins to short. 
     
The most painful kind of selling, is where it never bounces and if you remember MtGox from $1000 to $70, you'll remember what no bounces feels like ~ and I can tell you. This won't be any better. 
   
Good luck all, remember - fair warning.
   
Below is I grabbed, i also have some slack and telegram logs, I will sort them out later when i get back, i just want to confirm what I can safely disclose first for my own protection. "

It could go lower than $6000 because of that altcoin bitcoin has dropping value like crazy. Crisis is now at hand and maybe buy some bitcoin while it is still lower some plus value wont hurt is it? For me it is worth a try.

Btc value still going down.But I hope that it will go back and gain regain its value again.Just also hoping that it won't go down more.

$ 5200 will probably be the lowest price and will be back at the pump when it will step in December, but I am very surprised to see the rise in the price of bitcoin cash significantly ,, this is very shocking market., Which I question now, why dogecoin not go up? ? if we see altcoin market almost everything goes up even there is more than 10%

How low do you think the price of Bitcoin will drop before it goes back up again?

I think after tommorow... so monday i hope

It's only natural for the bitcoin price to go back down because it's only natural the price goes up and there are times that it goes down because remember bitcoin price may be at it's low today but bitcoin prices didn't go up just so suddenly its step by step there are times when people believe that it will eventually go down for good but look where at its now it may be at 12th in the ranking but for sure 1 week or a few more days later it's price will eventually surge again.