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Author Topic: Bitcoin Crossed $2,829  (Read 2407 times)
hassanabid (OP)
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July 22, 2017, 06:09:22 PM
 #1

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
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July 22, 2017, 06:12:17 PM
 #2

There is still be hard fork. So not get too optimistic

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July 22, 2017, 06:15:46 PM
 #3

From my understanding, the hard bitcoin fork was stopped in favor of BIP19. Hence the surge of the value of BTC increasing to where its 'bubble' bursted @ $3001.

I didn't expect to see BTC rise up so fast even before the bubble nor maintain a high value of $2500 for an extended period of time. We did see a drop to $1800 but it was VERY short lived. I have a feeling that the community believes in BTC's new choice and has reinvested into them. Causing the price spike. The Wall Street Journal said that BTC could hit $4000 before the year's end. Which, at this rate, is possible but in my opinion unlikely. I believe BTC will hit $3000 either late next week or early on for the following week. However, I cannot see a reason why the market would support it at anything above $3100.

Cheers!
TryNinja
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July 22, 2017, 06:17:44 PM
 #4

There is still be hard fork. So not get too optimistic
Do you mean the hard fork on August 1st? Now it's unlikely that this is going to happen.

If we successfully activate BIP91, we will be one step forward to the scalability fix without any issues and chain split.

Read this article: https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/

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hassanabid (OP)
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July 22, 2017, 06:19:13 PM
 #5

The new code update called BIP 91 has been locked in with 93.8 percent of miners showing support for the proposal in the last 24 hours, according to Coin Dance, a site which tracks bitcoin blocks.
hassanabid (OP)
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July 22, 2017, 06:25:15 PM
 #6

on August 1 will go  4000$ and on 2August under 2000$

i dont think so..
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July 22, 2017, 06:28:27 PM
 #7

There is no doubt that price of bitcoin will reach well above $3k within end of july and even it can go to $3500 for short term. The one who have bought bitcoin during bloodbath at below $2k are now happy investors and the one who have sold low are now buying at higher price. LOL

mudiko
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July 22, 2017, 06:29:03 PM
 #8

on August 1 will go  4000$ and on 2August under 2000$
It is unlikely to happen. Those price movements would be even faster than past examples. The bitcoin is less volatile than ever. Your estimation would need big news to happen.
pressureonme
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July 22, 2017, 06:30:46 PM
 #9

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug

I already fastened my seatbelt. I don't think it will be at $5000 before 1st of august but it's obvious that we'll have bitcoin over $3000 soon.
Soutogu
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July 22, 2017, 06:47:56 PM
 #10

Aug 1st approaching... be cautious!
Xavofat
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July 22, 2017, 06:48:36 PM
 #11

There is still be hard fork. So not get too optimistic
Do you mean the hard fork on August 1st? Now it's unlikely that this is going to happen.
BIP 148 was never a hard fork.  It was a soft fork which would have caused a chain split if it failed to reach a majority of hash rate.  As for the chances of a hard fork happening on August 1st, it's now almost 100% due to Bitcoin Cash.  However, you could consider that an altcoin, or at least something separate to BTC's main chain.

There's also the hard fork as part of SegWitx2, which would happen in three months.
If we successfully activate BIP91, we will be one step forward to the scalability fix without any issues and chain split.
There's still supposed to be a chain split to switch to 2MB blocks.  Whether or not miners will all actually support this change at the time is harder to say.
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
Outlandish predictions like this are never a good sign when you're deep into a bull market...
Velkro
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July 22, 2017, 07:45:46 PM
 #12

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
I think this is highest point of coming-back.
After that 6  years till price will cross $3000 again but then it will go to around $5000-$6000
fast2fix
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July 22, 2017, 07:54:03 PM
 #13

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
in a week probably bitcoin price will be $3000. $5000 after august 1 is too soon, if it rises fast it won't be sustainable.
williamuk
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July 22, 2017, 08:04:10 PM
 #14

There is still be hard fork. So not get too optimistic

If you mean BCC, I don't think it will have any impact on bitcoin price
Cryptocoinsmania.com
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July 22, 2017, 08:09:52 PM
 #15

The more stable price is forecasted on November only. Now it is a real mess.
HabBear
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July 22, 2017, 08:27:52 PM
 #16

There is still be hard fork. So not get too optimistic
Do you mean the hard fork on August 1st? Now it's unlikely that this is going to happen.

If we successfully activate BIP91, we will be one step forward to the scalability fix without any issues and chain split.

Read this article: https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/

thanks for sharing this. It's just more of the same nonsense. And these seemingly unique BIP proposals that simply reference the same approach reeks of amateur shit. The petty shit that needs to happen to force everyone into one solution is god damn ridiculous (and I don't use those words lightly or often).

It's ironic that the solutions to evolve something that in itself is so cutting edge can be so archaic, antiquated, and full of political posturing.

The blockchain needs to be scaled up. The petty bullshit to get us there needs to stop.
yoseph
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July 22, 2017, 09:16:50 PM
 #17

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
Bitcoins is definitely going to rise after the fork, I am sure that's what it's been waiting for,  I can't really give the time range for that to happen but am sure it's going to reach and even pass $3500 before the year ends, am not going to give extreme values so as to not deceive anyone.
BitHodler
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July 22, 2017, 10:00:35 PM
 #18

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug
I am fairly confident that we'll see the price hit the $3000 mark next week. It only makes sense for the market to increase further as the activation of BIP91 is the best possible happening that we could hope for.

It's not only that SegWit finally activates, but also the important factor of having the far majority of the miners more or less largely agree on something ~ for a long time this has been nothing more than a fantasy.

That being said, no matter how excited I am, I can't see the market hit the $5000 mark in such a short time frame. The hard fork that is part of SegWit2x isn't something you can put aside so easily.

BSV is not the real Bcash. Bcash is the real Bcash.
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July 22, 2017, 10:26:38 PM
 #19

BIP91 LOCKED-IN. 49 blocks until rejecting non-SegWit blocks. Hold on to your bitcoin guys, We are going to see $3000 in a matter of days when all the blocks being mine with BIP91. So far the price has reached $2800 and once all blocks are BIP91 $3000 will be reach or even higher. Plus we saw the news that South Korea has legalized bitcoin so this will have a big impact as well. We are going to the moon.
richardsNY
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July 22, 2017, 10:30:48 PM
 #20

The hard fork that is part of SegWit2x isn't something you can put aside so easily.

I am a not entirely confident either. In the near short term, people will completely forget/discard this potentially upcoming hard fork (I say potentially because things might not play out as expected in the end), and thus completely lose themselves in the hype of having finally witnessed the activation of SegWit. In the same way people were shocked about seeing the price dump well below the $1900 level some days ago, they will be equally surprised when the price starts tanking prior to the potential hard fork -- people are too dumb to spot and calculate potential risks. That's how it has always been.
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