Bitcoin Forum

All these peeps, holding for the "recovery" after Aug 1st.....

Don't you know the big boys are going to crush those hopes right after Aug 1st no matter what the outcome is?
That's a lot of free coins for them to grab, they aren't going to let the little guy make any money.... that's their money as far as they're concerned.
And yes, it's free coins for them.... because they manipulate the price.... so all the coins they grab from you will be sold after they bring the price back up (even if only for a little while). That's free profit for them.


So if you're holding, that's great... more power to you. I'm holding too, but I do know what's coming and it's impossible to catch the bottom.... I just don't care and I'll be laughing all the way down.

Remember your wits, don't get emotional, and for heavens sake..... when everyone is jumping out of windows (and they will)..... LAUGH.

-DE


"Why does Goldman Sachs call retail investors "Muppets"? Because they are....."

I dont understand when you say "thats a lot of free coins for them to grab". You are not explaining how a crash will occur after august 1. Your post is very unclear. How are the big boys going to "crush our hopes"?

Either way, I think you are wrong. After August 1 I am thinking Bitcoin will go to $3000 relatively quickly and stay there, probably even go higher. The only reason the market is so red lately is because FUD about August 1 and threads like this.

FUD will likely to grow,
Uncertain is ahead.

There may be a drop but I expect that it would recover.
Once dropping then catching is the best.

I understand what you're saying, and I agree to an extent. If a whale is looking to pick up cheap coins, they will capitalise on the current uncertainty - if a lot of people are thinking that at 12:01am on Aug 01 prices will start to shoot straight back up, then the whale's best strategy is to throw in a sell wall to ensure that prices continue to fall... panic will ensue, people will throw their coins away for almost nothing, leaving the whale to buy them cheap.

I only agree to an extent though, because at the moment the market is moving as a whole. Everything is red. When the bitcoin issue is resolved, then everything will turn green. Which makes it harder for a whale to instil panic - for it to be truly effective, they'd have to either a) make every coin fall simultaneously, or b) focus the attack on bitcoin, which is obviously more difficult given the volumes involved.

Ok you're the exact type of person I'm trying to help (and I'm not trying to be condescending).
I started trading 10 years ago.... cut my teeth on penny stocks and small caps..... this is 100% the same behavior as crypo's. Same rules, same behaviors.

Maybe BTC is more isolated as people say it has more depth..... I can promise you it's market depth means nothing.... as does it's market cap. They aren't moving it's market cap, only it's order book and that is pure garbage.
The 1st thing people here need to do is stop looking at it as a currency, it doesn't matter if it is or isn't.... it's a stock. Same as USD, or paper Gold, or anything. If you can touch it, or get a futures contract on it, it's a commodity. If you can get a bond on something it's a security.
Any coin right now is a speculative stock.... the proper contemporary is a pink sheets stock (which runs from pennies to hundreds of dollars). The exchanges depth (the market maker/or lack of) is extremely similar.

It takes hundreds of millions to push the precious medals market around... and this is done on a daily basis. It takes billions to move the forex market around, and this is done on a daily basis.
The point is: It only takes a few million to move BTC around with a churning algo. A few million..... that's spare change. The same is done with small caps and pink sheets. It's churn.

What is the cardinal rule in trading? Sell the news.
It doesn't matter what the news is on the 1st. A long term positive decision won't be priced in advance.
Let's say some dream news comes out on the 1st.... best possible outcome. What will happen? The Muppets will buy, there will be a brief pop and the Muppets will be happy. The big boys will sell into the pop, and then drag it down. Why? The retail buyers will get nervous and question their purchase (understandable). There's nothing like loosing money to make people nervous.
What would you think if the news is good, and it drops below $2000? $1800? $1600?

2nd thing people need to understand is: The crowd is always wrong. If the general consensus is "after the 1st, it's going to go up".... and this IS the general consensus.... it means it is NOT going to happen. You're playing against the masters. Do they mind throwing away 20 million to drop it under $2000 when 90% of the Muppets think it'll go up? Not at all. If they can grab say a million coins and save a few hundred dollars a coin..... when they inflate it later.... they make hundreds of millions. That's the game.

I've seen it thousands of times, on hundreds of stocks I've followed closely. Fundamentals don't matter. Technicals only matter part of the time.

3rd thing people need to understand: Have you noticed the Coin exchanges break during big down moves? That's because of a lack of market depth. It happens on the big stock exchanges too. Anytime BATS breaks, that's manip and volume wasting the book. That's also how to you get phantom bars in trading software (algo's moving so fast they overwhelm the order book). So BTC is safe because so many people are "in it". No, no , no, my friend. That will get you killed. I've seen so many people go bust in stocks because they 100% believed what they were doing was right, and being right outweighed making money or being safe.


Just trying to help anyone who will listen. Be aware and be prepared. Have a plan.
My plan is to laugh. I've seen it before, and I'll see it again. Doesn't mean I like seeing good people get hurt.... quite the opposite.....I've seen that before.... and I'll see it again.

Hope you're right and we get a moon-shot right out of the gate after the 1st. That would be great. Experience tells me that's not going to happen.

-DE

they can grab only what people sell to them. any deep dump will be short lived, as there will be many buyers taking the opportunity to get bitcoin cheap. And there won't be  enough coins available to be bought at lower levels

I understand what you are saying.

I've traded stocks also and know how "Earnings exceed expectations" but yet the stock goes down anyways since most of the retail market is in it, kind of like TSLA or AAPL.

The problem with your theory is that its never correct all the time. Your theory works half the time. Sometimes the retail market gets screwed, sometimes it doesn't.

So even if you take contrarian positions everytime, you will lose money anyways.

Yes on Aug 1st there can be GREAT news, and BTC can go down due to manipulation.

Or the exact opposite can happen. So how exactly do you trade it to make money? You can't.

Its no different than a moving average indicator.

just go for a vacation to beautiful greece, italy, spain and forget about cryptos, at least for a month ;)
nice swimming everybody!

Yes I totally see your point and I appreciate your detailed reply, it really cleared things up. However, in your theory only the weak hands will get hurt and they deserve to as always. There will indeed be manipulation through this time, people who buy and sell right away because of fear of it going down. People who hold through all this and buy at cheap prices will still end up on top when the market is inflated again.

I guess the lesson here is to think like the big boys (whales) to avoid getting screwed.

Maybe I've been lucky then.... almost every great score I've had was betting against the herd (and far more winners than losers there, even doing it blind).
Doing great work on fundamentals would bite me every time.... Every time!!!  T/A on the other hand was 55%-45% for straight T/A, and 70%-30% when using systems and indicators I program.
I've been lobbying my stock program developer to integrate a Crypto data feed into their software.... I sure hope they do it soon. They are very hesitant to add them. Like it's a fad or something.

I've been in some great stock trading rooms over the years though... learned from some really incredible people (and paid a lot to learn from them). It is not a flip of the coin by any means.
Best trader I ever had the pleasure of knowing was a higher up at Morgan Stanley... he was beyond incredible. He was almost exclusively a contra-sentiment trader. Pure instinct, and he was right 80% of the time, just by "feel". One of the only people I would call "naturally gifted" when it came to day trading.

But on the "how exactly do you trade it to make money?", oh I can answer that no problem..... Use a really good Revert To Mean, and you're ok 80% of the time.... but only if you're fast and not greedy. Doesn't matter which direction the movement is: and with the volatility these coins have.... it's a dream come true to me.

-DE

I used to apply stocks and forex logic on bitcoin, but now i see it differently. They can't print more bitcoins into existence, and there are many bitcoins taken off the available market every day
by not jumping with all funds into one position. e.g. grid, or even [unleveraged] martingale with slow unloading on the way up

100% right.... except the buy at lows part.
If you have SUPER DISCIPLINE.... yes. Very few people actually have that (although a lot of people love to talk like they do, then you see them later crying).

I guess a lot depends on if you watch the action all the time (used to watch the every moment of the market day, and the futures markets at night..... super fun).
Takes balls of steel to hold stuff under those conditions (especially if you're a scalper... it's hell on earth).

But if you're aren't watching, and you're view is actually really long term.... yes, you're totally right.
Kind of a foreign concept to me..... but I'm so busy now I can't watch.... so I laugh when I check on what's happening.

When I was new, I tried catching the falling knife a few times (and got burned... LOL). That's learning.
When people write here about "buy once it goes down".... I know better. And it's not like these coins are cheap...... I mean, apples to apples, I'd rather have a stock certificate of a real company over a coin.... but this volatility can't be beat... and the best thing I was ever at trading wise was/is volatility. Made my money using options since that increased volatility.... but you also have to be really good at timing (and that's the hardest thing). With coins you get the volatility without the stinking option greeks. Beautiful.

-DE

You seem to be a guy who has seen a lot as far as you told before, too.
Tbh, your words are very interesting to read in here.

I understand what you're trying to figure out and I agree with you seeing the whole crypto market.

To me and my holdings (only alts) it already took 60% off due to the last weeks and I didn't even look at the window so far.

But I bought even more coins of the position I was already in so that I reduced my overall entry point regarding its' btc value.
Of course not at the bottom level - I'm not nearly that good to know the best timing - I could have bought five times as much as I got with my rebuy seeing the last day movements. Though, my thinking tells me that some of the whales you're talking about have already accumulated huge amounts and won't be willing to fall for the possible upcoming panics at these levels.
BUT this only counts for few coins like mine I guess because it has a low circulating supply. Low supply means not many ppl need to be involved to control its' value.

In this case I would say we've seen the bottom already.
There will be many, many more dips in the upcoming weeks, but at a higher level than now.
In fact, I see this as a great chance to improve my day trading skills a lot.

Anyway, the only thing that gives you profit if you've entered at a higher level is to sit it out and hodl.

Why do we talking about crash? Actually things will be better after the august 1st. BTC whatever happens won't lose its popularity, certainly won't return to 2014. This is just misconception. Price can vary few days but as soon as situation settles we will see another good pump to 6k.
I must say some scenarios are very realistic and can influence your decisions if you are insecure, i would recommend you to read longer term predictions for BTC.

There is definitely some blood on the streets...

But why do you think that August 1st will cause another crash?

I think that once August 1st is over and there is more certainty about Bitcoin we will see a huge inflow of new money.

This will cause the greatest Bull run the crypto world has ever seen.

There's definitely gonna be some kind of run after Aug. 1st.
The direction is what I'm having a hard time calling - away from crypto or back

Everything is possible, Bitcoin is good in history, but at now with a huge number user Bitcoin, the system Blockchain of Bitcoin can't still running stable, need more time and more fees for confirm transaction, usually have congestion transaction in Blockchain when have news can creating panic for the price of Bitcoin ...
=> Bitcoin is old and need find a ways can improve that, but I not think SegWit2x can improve 100% issue of Bitcoin, maybe for short time in 1-2 years

Honestly I hope it crash a lot more, like at 1000$, cheap coins for the "hodl an buy low" guys like me. Anyway I think best strategy is not to "buy low" because nobody knows what low is, best strategy is probably to buy an amount you can afford to lose every week, increase that amount when price is falling an decrease it when price is going up.

At op:
Please give me only a single example, when a to the day predicted crash happened truly.
You wont find any.

When aug1st will come, the meal is already eaten.

Already the crash has been started with many rumors of Split, it is creating a lot of panic in people mind and many people are dumping the coins at the lower price. I think things not working according to the situation because lot propagation going on whether Bitcoin will split or not.

Probably there will be a big crash but if this won't happen I think Bitcoin can reach the 3k cap pretty easily.

Thanks DE for sharing your thoughts. While I am still a noob at the crypto trading. I've been trading for more than a decade and have seen my share of recessions cycles.

Given the sudden rise this year of crypto, I think it still has to shed 20-40% and the approaching August 1 could be the trigger, maybe not exactly on that date but it will happen.

My advise, if you are not a very good trader. HODL. If you think that crypto will be mainstream in the next 2-3 years to come, especially those coins or token that have good products that will come out late this year or early next year. Buy some more and hodl!

It really takes a lot of resolve to hodl if you see a stock or whatever coin you are holding fall down by 60-80%, but if you know that it has a good management and dev team + community behind it. It will come back up.

It takes grit to weather a violent storm but rewards are enormous.

---

Remember: Cash is also a position. I'm saving my Fiat for now and will buy some crypto if there is a good dip. Whatever it is that I currently have in crypto will just stay there, probably put it to work via Proof of Stake to make good use of it while waiting for those to mature in the years to come. I'll probably unload when crypto becomes mainstream, wherein everyone is buying/selling it, just like the stock market.

I think this crush will long till 1st August and then we will see huge growth, probably till 3k. Current crush is made just to buy as much as possible

i think the same with you but i hope the price is not down too deep like many traders but we'll see. but we see that the price is start to down in last weeks ago and until now, the price is still down and even its down too deep and now reach $2,0xx, many traders is panic with this situation and it makes them to sell bitcoin with fast.

iagree with you 100 percent
bitcoin  will rise to 3000 usd after some days

+  bitcoin will drop to 1400 than will rise to 2000 ------2500----3000----2500-----3800-----3000 

what about a win-win game with big boys?

The graphs already show that the price goes in free fall,especially because there are still days for trust to return on the part of investors,I think they are returning to fiat while all this commotion occurs,fifteen days now in the face of such uncertainty is too long for the price to be maintained even at these levels,it seems that the adjustment will still be greater,probably one accompanied by three zeros,go event! will surely be remembered for a long time by virtue of what happens.

I just started trading, 2 months ago. Currently, I am still waiting for the basic price or the best price according to the information I get. Although I lose almost 40% but I still HODL.

Give me a suggestion that you think is good, the scenario of what would happen after 1st August? What should I do, wait until what happen after that or buy before that day?

Even if segwit is implemented there will still be a probable hardfork later this year. You might see a rally in August for a little while but the uncertainty and fud is going to continue after it for quite a while yet.

The crash is slowly happening buddy, it will go deeper near August 1 and almost all of us speculates that it will go $3000 after the crash.

If you're considering buying at this point in time, I would recommend determining the total amount that you'd like to put forth between now and Aug 1st.  Then divide that total amount by the number of days between now and Aug 1st (or even add on a few days and make it Aug 5th or some date around then). Whatever number you come up with - let's say it's an even average of $100 - that's the amount of BTC that you buy every day.  You are then allowing yourself to buy into it more and more as the price continues to drop - as many think it will until at least Aug 1st.  In the event that the price stays around the same as it's at today, there's no harm.  In the event that it goes lower, you're averaging out your investment toward the current, lower valuation of a BTC. And in the event that it goes up, you've at least bought some amount at a smaller cost than if you had waited until later to buy.

It's a big gambling I think. If you stay in altcoins and it will crash then you can't recover from it for a long period of time.
But if everything goes well and it goes up again we can see bigger highs for all coins. It's your choice to sell all your coins and wait until August pass or stay half in coins and half in cash.

Ooooh, you're a penny stock trader, you must know everything!   That's sarcasm, for those of you ballsacks who are tone deaf.

People are rolling in dough right now if they sold bitcoin short.  I'll admit that my attention span is impaired and I didn't read the entire OP, but whales who're holding now are also losing money.  Everyone who hasn't sold their stash or gone short is.  But we'll rebound after this whole stink blows over.   I've no doubt of it.  Penny stocks are similar but there is a pretty big difference between them and bitcoin.

LOL, that's funny.

BTC broke $2000 to the downside, and we're just getting warmed up.
Hey if they want to get it all out of the way before Aug 1st... they can be my guest.

Whales don't care too much about losing right here, they care about accumulation. The target next year is already known to them. This is small potatoes. Even if they loaded the boat here, they aren't losing money.
They will get the maximum number of coins, at a variety of prices.

It will take some more destruction to change my call..... break $1200 to the downside before Aug 1st. If they do that, it's still the same plan just accelerated (I think, and still think it will be after Aug 1st that they do this).
The kicker here is if they take it to $1200 first.... there will be a pause after Aug 1st to keep shaking people out. Scaring people isn't enough, you have to make them question.... then you can rocket it. The questioners hesitate and end up chasing the upper end. That's how it's done to retails every time.

-DE

 

It is really good to see many positive response from the forum members,will that be the case with investors,the crash will be temporary but how deep it will go down is still a mystery,will it go down to $1000 is a big question.

Impossible... it's a zero sum game.
Only so much cash backstopping a market. They gotta get retail cash in, and then take it away.

This is such a gem for them because you have two entire generations that don't trust stocks, and are investing in coins like previous generations did with stocks.

Boomers are finished, but it's their money which bankrolls the whales. They want a return on investment and the money houses will go wherever they have to.
Gen-X is a transitional generation and has the least amount of money in the coin market (their resources are still locked in the stock market, trying to recover from two crashes).
Millennials are the drivers of the coin market and are invested heavily. They missed the dot.com crash, but were old enough to witness it and distrust stocks (plus 2008 reinforced that viewpoint).
Gen-Z isn't old enough to really understand the one crash they lived thru (2008), and are still young and optimistic (and are buying coins).

New name, same game.

-DE

My stance is to stay mentally strong, keep accumulating, and hold out. I got a good amount of skin in the game, but I make good money and can afford to "lose" it if necessary, even though not ideal. I don't think I will lose anything though, I know I won't. Keep strong hands and accumulate and don't get scared. Fear will only bring us down.  I will be winning, will you guys join me? Check back with me in 6 months.

As Bitcoin gets its facelift from lemonade stand to Fortune 500 company there will definitely be more money flowing towards bitcoin as everyone will want a piece of the pie.

In regards to the whales manipulating after August 1st: I think it's like being the wife of an abusive and violent husband. When he gets horny you just gotta go with the flow but as soon as he's happy it'll be back to normal for you. (sorry for the analogy but it's true). They will play their dirty games but bitcoin is much bigger than that and will continue it's inevitable rise.

Yes, the community is still upbeat even though a lot of negativity causing the price to go down hard is too worrying. I myself questioning whether to really sell or just hold. But  I fully trust the bitcoin system that I will hold and buy at least 1 full btc with this price declined. I'm positive that the price will go up after the Aug 1.

Split won't change much, other will become another altcoin only will be named Bitcoin X for example. I think Bitcoin had forks earlier, why this one is so special? Crash is just illusion, it will recover very soon when all this pass.

This time we will go beyond, this is just the way how things work. Fud will cause panic and small dump, whales will accumulate more.

It will fall and fall it shall! So that it can rise higher and break shackles.
Go with your gut feeling guys, always remember never ever sell at loss, unless you are on death bed and you need money to get operated. In that case I will think twice.  ;D ;)
We all know crypto is unpredictable but actually its not .. money flow decides the fate here .. the risk are higher than FD's and lower than share markets that how I see it. But so are the rewards.

Whales they like money and money is what they want. Dump = Pump, so brace for the coming Tsunami and ride the tide stronger  ;) coz whales cannot hold their fiat and will invest in Crypto again.

Whales will accumulate more only if they are able to keep price down long enough, at least until order books are filled with enough cheaper coins.
But if they are dumping  only with accumulating more BTCs in mind, it can turn against them. Not everyone selling will be able to buy all back below his selling price.
And if one whale big enough decides there is enough cheap bitcoins listed on orderbook, it can clear buy it all fast, and others will have to buy higher.

I would love it if they push it to 1000-1500 range so i can buy a lot, but i dont think it will be that easy to buy near the bottom

Why the crash should starts after 1st of August?   ??? ???

I think will be exactly the opposite, and after this storm, there will be a strong (but maybe slow) growth of the market.

BTC will definitely recover after Aug, not for ETH i guess?

sell now before no one buying your coin, omg this is just begining of the crash, i cant imagine how this will go after 1 august, omg i must sell all my coin...everybody need to sell their coin..

Wrong, i will buy your coin.

Sell them to me!

I think crypto will get stronger.If you have the money,buy the coins :D

1st bounce off $1820's (already, wow).

Watching to see if it takes the traditional 3 hits to break it.

-DE

Yes sell all your coin so that someone can get it and store it for a long time. Bitcoin will recover soon and what you gonna do then? But again? You should have hold on your bitcoin and not sell or panic so that at the end of everything, when bitcoin price rebound, you will see profit. If you panic just like that and sell, you will miss a lot of opportunity to earn in the future.

Interesting discussion. The fact that it crashed after 1st August might be possible.
However, you don't lose anything till you sell. It can dump to $1, I will not sell a dim.
Holding is always the best strategy. Wait & See. I will wait 10 years if I need too.

I think market will rocket again till BTC 2500 and ETH 230 so that whales can cash out at high level after getting them at 20-50% discount yesterday .. So chances are high that it will be followed by major crash in July last week and August ... thereafter rocket again as investors retain faith  :)

And that recovering stage is anticipated by many. Like always happened in cryptocurrency, when there's a dumps there will be pumps.
And this major dump will soon be recover, maybe not easily but it will slowly rising over time. Those who trust cryptocurrency will remain holding and some does not will panic and sell.

Interesting view on the 4 Generations and each gens logic. I think it's true.
From DE's standpoint, who I presume has seen several market cycles, the market indeed shows no mercy.

Ready for the next leg?

The Muppet Dominoes are setup again....

-DE

I scared the market increasing before nearest BIP148 signaling and deathline SegWit2x, maybe Bitcoin will become to LTC Segwit version 2.0 and breakdown as LTC. But not like LTC, when Bitcoin breakdown the cryptocurrency will breakdown too and we can see a happens bloodbath really

Buy the runor, sell the news


Basically, everything that may happen on the 1st of august will hapen BEFORE.

Take your bets NOW (up or down)

FUD. the hopes for 500$ BTC after August 1st are fading as it is becoming more clear that the CENTRALIZED miners are agreeing that Segwit is good. AS we aproach July 21st and all goes well the hopes for 500$ bTC will dye. Anyway just throw what ever you can at that price, and if that happens be rich

If bitcoin crash after august 1 I will buy more because I earn for sure a lot of profit because for sure it will recover again. But in my prediction or speculation after august 1 th eprice maybe will increase becayse theres no doubt in the investor so many people buy again more bitcoin and the effect its a boom the price  it will increase more than the current price and I believe the price will be 3000 dollars in the month of august.

The hopes are dreams are getting ripe again.....

It means we're going down....

I pretty much top ticked it when I posted "Muppet Dominoes are set up" earlier.

-DE

This is what Im thinking though price after august may increase . As we can observe right now  it starting to recover again. Yes I believe price will be more than 3000$ this year  hoping it would be because for sure all of us may benefited if this will happen.

Enjoy the ride and everything will follow. I think bitcoin price will eventually rising this august so lets watch and hold.
Everything will take place and all of us will earn profit.

if whales want to crash the market,.... just crash it. We HODL.

I am not sure, if only whales are manipulating the market. Yes, if you say, that whales are only persons or groups with lots of money, so that they can influence the prices to make money. But I think, we should better adjust the term whales a little bit. I personally believe, that there are other powers, which have a deep interest in an uncertain market. Powers, which are not on stage to make money. They only want to scare people out of cryptos. Because every buck invested in cryptos is taken out of the old system, and every lost buck will weaken it. There is looking a more free and less controlled new world arround the corner. Does anyone think, that the players of the old system will leave their hands on their laps while doing nothing ... ?

In my situation, it will be better if the Bitcoin will crash after 1 August, because I want to buy some  ;D anyway, it will be very hard because the price is rising up every day.

Whales wont work this time but i can say they do really have an impact of bitcoins price but as a whole i cant think the possibilities that they do have the capability on manipulating bitcoins price knowing that cap is too huge and you would really needs millions of dollars to move a few hundreds of bitcoins price which i can say that its impossible that they do manipulate but this moving prices are results from the decision of its users.

I know you want to buy up more cheap but there is no real reason for btc to drop in the near future.

The debate is already over lol. Aug 1 doesn't mean anything. The train already left the station at 1850.

are you still sure ?

What you said is through I am trying to view the market right now and see how this big guy are pumping and manipulation the price right now. Bitcoin alone with the hardfork issue on August 1 the price is currently above $2700. Every wise trader should know that they are going to sell off any moment from now in other to buy cheap and this cycle continue again and again.

What are you talking about? The hardfork isn't happening...prices aren't dumping or crashing, outside of just normal correction.

Nope. News Driven Events Trump All = Trading rule.

Technicals only matter part of the time. Expected news is sold. Today was unexpected (time wise). Looks like we'll take out the high (totally busting my thought).

News Driven Event = love it and fear it.

-DE

There is no theory that can determine when bitcoin will rise and when it will go down. If there is, everyone will not incur any losses. Although there are several theories and discourses that talk about the cause of the rise and fall of prices of cryptos, it is uncertain, sometimes the theory is correct, and sometimes the theory is wrong. But we are free to give constructive opinions, not to influence them until finally they regret. Before August 1st, we've seen a pretty promising bitcoin fall for people waiting to buy more, and I think that's the lowest point of the month. August 1 is the beginning of the bitcoin rise.

Your words are like a fart in the wind

Yes lots of people are going for investing in the coin but these are also harassing by staying in the declined price for a long period of time. The booming period is very small but when the price is dropped it will remain there like no wind. And the decline rate is three or four times lower as like booming period. Currently i have some investment in coins but hopping for a good result.

Market is always rational .

I heard a lot that BTC is likely to fall in price due to its hard fork and the unawareness how it will play out. What are your thoughts on this?

In my opinion, Bitcoin in next time need falldown by bad news from SegWit2x, as failure when active Segwit or error from system ... The crash in past day still not enough for whale and rich man, maybe down under $1500 I think easy for panic selling but I don't know the reason make they not do that

I think there will be massive FOMO instead of prices going down.

Yes. BIP91 should turn everything green. Of course there can still be some 'sell the news' effect, but the lock-in should trigger a massive collective sigh of relief, and price rises.
I suppose the main way that things could go wrong now is if there was a lot of false signalling, and some big pools try to block segwit. To me though, this seems unlikely.

its just amazing how stupid this thread is

If the big boys will crash the coin after August first, what will be their plans before August first?

Cause I know after August first the price of Bitcoin will start growing up again and at that time the guys who bought coins before August first will be at advantage and people who buys after August first will be at loss.

Its a good idea to leave crypto for a while, for those who are scared of August first, so that your coming back will be like a new start again to crypto.

How could people think that there would be another crash gonna happen on august? Since for me these day is enough to tell that bitcoins price would go sore high and I'm not worried since for seeing price would go I can say that this is the pumping time of bitcoins and theirs no sudden fall would be happen on real time around. So lets relax guys since all things are going good with bitcoins right now.

IMHO nothing of that is really predictable. All you need is bollocks and of course you should not play with assets you can't afford to lose at any time...

Its a done deal.. bitcoin is rising from now on. 3000$+

In present just by FOMO on market make the price of Bitcoin increasing fast, we need keep patience before the happens control price by whales and big boy. I can sure 90% when nearest deathline Segwit2x or after that time, the real crash will make the market falldown to real value again as price in March!

People always see conspiracies behind everything which is a primeval instinct. In earlier days it was better in the dark forest to consider a bush as a lurking bear 100 times than one time to consider a lurking bear as a bush. It's quite hard to whithstand these old instincts so you should always be aware and try to make your desicions intentionally ;)

The market very like doing the opposite idea and guess of trader on market. Special when the time have more panic and fomo as now, very easy for whales control the price and earning profit. Remember it and be careful with your decided, good luck!

Regret yesterday to sell btc, as early as the post will not sell, heartache, I have to buy it from scratch. I want to be a believer, forget it. So as to make more money.

The real crash won't happen at august 1st. The expected fork is planned for november, so after august 1st buy a few coins (because it's likely it'll drop due to FUD) and hold until mid october. That's when you should pay very close attention, and possibly sell most of your bitcoin holdings and buy back cheap after the crash

So what's the update on this post? Lol

You are %100 correct people see today's movements as a crash or correction but neither of them is happen. There are still many weak hands.

Yes, sell now before the biggest increase bitcoin has had in years!

One of the reason why I still hold so that I will never regret for the losses that I earned if I sell for so early and to lucky for me that I didn't cross to get affected on the dumps and know I'm seeing the result and maybe will hold for more moths and see how things would work for bitcoins when august month will came and seems august is the most awaited month by predictors so let see on what will happen.

I'm betting on bitcoin increase on Aug 1 and altcoins falling, people selling off to jump on bitcoin train. If it happens, great opportunity to get alts at a discount

I will going to fiat before first of august.

Even i am trying to bbuy and collect some free coins as well as buying coins for really low value in exchanges i am holding that coins recently some how i manage to get some LBTC it was having very less value now its gained more than 5X profit.

I'm very optimistic that bitcoin will increase drastically after Aug 1. And for those who are bailing out on bitcoin, just don't regret your decision. Because I'm sure that there are profits that are going to be missed and you don't want to be that person. So just stay calm and just hodl on it. I know that bitcoin price is hard to predict, but for me all the signs are pointing that bitcoin could have a good future after Aug 1.

I believe we can continue with our normal lives of traders and investors, where level of stress and frustration is enough without this BTC melodrama. How many people have rushed to sell everything to buy BTC at cheaper prices? Holders are alweys rewarded.

HODL! is the word of the day everyday!

Never sell through a panic market! Always hold and stay strong, re-invest more and buy LOW when it drops!

Managed to bank a hefty 3k$ in the last 2 weeks, quite happy.

This thread has some insight on markets, tradings but all of this is mainly on your gutt feeling.

Remember its 50/50%... It can go either way, but I just expect it to rise especially now that we know that BTC will not be splitting investors are really
interested in pumping the markets.

I don't agree that the Bitcoin price is fixed, or controlled by anyone or any group. It is much too decentralized for that.

Please provide counterarguments if you disagree

Are you sure? Can you answer me the reason sometime on market (special Poloniex) have some flash crashing the price of Bitcoin or other Altcoin? If just in an exchange, very easy for some Team Whales or Big boy co-operate with exchange do that, because the marketcap of crypto still very small!

I'm hoping for a big crash so I can restock a bit with fiat :D

We dont know if the bitcoin price crash in the month of august1 but I hope it will increase . I hope also the segwit will not try to sit the bitcoin into bitcoin classict and bitcoin because if that happen for sure price become half. But thats final everything will have no answer about what will real happen. So its better to hold your bitcoin for few months and transfer to the safe wallet to not affect your bitcoin.

i think when its halved maybe people get more interest in alts

If the network word is unstable?
What do you do today before the 1st of August

Everyone has started, how can you be late. Your prediction could be wrong and you could be dealing with bankruptcy.
I suggest you buy bitcoin 5 days before 1st August. Everyone predicts bitcoin will be at the bottom.

I think the community is still un-decided whether to do Bitcoin hardfork or not. Some days back there was consensus that no fork required and now it seems there are certain groups who are again favoring for fork.
Whatever be the case make sure you have the ownership of your private keys and dont leave them on any exchange or online wallet :) .. just in case if split happen you don't want to be on losing side :D

In case split happens, both sides will be losing sides

This thread might talk about both the scenarios. However, I am a firm believer of Bitcoin I might hold my btc to the lower levels, also might pour some more money if we get to see levels like 1500 or similar

As per news pinned to Tab:

Update

Due to BIP91, an economically-significant split seems quite a bit less likely. However, a large split is still possible if miners renege on BIP91, which wouldn't be very difficult for them to do.

Also, it seems that the Bitcoin Cash (BCC) fork will happen regardless on Aug 1, but everything I've seen leads me to believe that BCC will have very low value. Research and decide for yourself.

As a side-effect of BIP91, the risk of long reorganizations will be somewhat increased for the next month or so. This could cause confirmations on transactions to disappear more easily than otherwise, which could allow for double-spending. If you want to be about as safe as possible, you should wait for 30 confirmations before trusting incoming transactions.

Following on from BIP91... Segwit support is still at 100% and lock-in is looking good for end of next period. I don't see how BIP148 has any relevance any more.
Also I don't think BCC will be important. It's not so much a chain split as the birth of another altcoin.

Like abc can crash shit... The only thing is going to crash in August 1st is bitmain's altcoin and I don't care a bit about that because I will be dumping my ABC's too.

There is quite a lot if speculation and hypothesis about what may happen on incoming August 1st or the Segwit. But if you will just continue on just speculating things and over viewing scenarios nothing will happen it could be better if you will just take time on updating yourself for the information about what could possibly happen or what will happen on August 1st. The best way to do is to be ready and expect some thing so you could prepare for the possibilities.

Bitmain did a lot of money with their manipulation.

1st august will be nothing, real next move will be in November. In the meantime bitcoin will rise again.

I strongly agree with you. That’s the smartest strategy of playing safe and sound in the crypto market. Nothing is wise than buying coins especially bitcoins at low prices and selling them off at high rate. You just need to trust your coins and keep them in wallets when the prices are in the red area of graph. I believe that after Segwit, prices will utterly increase.

What I foresee is a bull-trap .. just before a major dump and price fall ... Market seems to be gathering some strength but not very long ..
Investors will definitely don't want to be a place where they are not sure how BCC or BTC will perform after split. It is all speculations where people want you to HOLD your bitcoins and dump BCC, but you never know and market can go totally opposite and balance BTC/BCC values.

The top 0.1% of all BTC addresses control over 69% of available BTC. Decentralized? Lolololol!

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

The other 99.9% of us are just playing with scraps. #OccupyBTC  :P

This is what is happening right now because of BTC/BCC FUD:

1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.

Nearly a 100% match on my thoughts.

Preparing to buy altcoins right after the August 1st

You have strong points. There's always have been market manipulation and that is the reason why I dont keep studying graphs, highs and lows and all that stuff. Since the pumps are always sudden, you can't predict it.

I have wallets of Bitcoin, Litecoin, Dash and Ethereum. All stored in my computer. I'm pulling my money out of the exchanges for the 1st August, retrieving all that I can from said coins.

My only question is, how much low bitcoin might fall after SegWit is implemented? Would it fall to a hundred dollars? Or would it fall to $1700 like Goldmann Sachs "predicted"? I want to know what is the best time to buy more.

There has been a really violent selloff in alt coins, see below for a report from my Bittrex account with name ticker and 26 hour price change. All of them are down -20% for a broad selection of small and mid cap coins. But I don't think its the right time to sell the alts. Sooner or later the manic depressive crypto market will get bullish again and these coins will rally again. We might have to wait 6 months though so patience will be essential.

Verium   VRM   -29.0%

SafeExchangeCoin   SEC   -28.0%

Shift   SHIFT   -22.2%

Pivx   PIVX   -21.8%

Bytecent   BYC   -21.7%

ViaCoin   VIA   -21.3%

Digibyte   DGB      -21.1%

SysCoin   SYS   -20.2%

Voxels   VOX   -20.2%

LBRY Credits   LBC   -19.6%

Actually, you should be buying Altcoins and dumping BTC NOW! Altcoins are 20-40% off ON SALE at the moment!!!

I can get a little on where you're going. Well, I understand your point. It's a good idea to hold too, because a lot of people would definitely sell their coins and most of the crypto's will surely drop. So, when they drop most people will surely start buying again. So, I'm sure the price will recover soon enough or it may even go higher.

It seems likely. First drop and then sky rocket. imo..

nah. It should be the opposite. Dump your altcoins and buy bitcoin. Hold bitcoin to receive free bitcoin cash. After receiving free tokens then that's the time you should buy those very cheap altcoins again. Now that is a win-win situation.

You're thinking matches EXACTLY step 1!

This works only if you dumped early. If you are dumping alt's now after they have already dropped and buying btc after it has risen then you are late to the party. You will lose. Hodl through all of this and you will be fine. Timing the market is tricky.

There is a fire sale going on right now for the alts.

Remember the saying...? Buy when everyone is selling and sell when everyone is buying. That is the way to make $$

Bcc won't be worth more than $10 after aug 1. It will be a mad dash to s lol off asap. Only a lucky few viabtc devs will get the high price. Alts are already close to the lowest they will get.

Correct this topic title: The real pump starts after Aug 1st  ;)

I agree with the original poster, this is how things seem to work..
BTC could also be pumped all the way to 4k before being dumped and I think that BTCash will get dumped immediately by most new holders and picked up cheap by whales to pump it in the future
Then again it's not just the rich, I've missed the spring wave completely and I'm guessing many other did too and would like to get cheap in alts..

In the end BTC+BCC will have less value than BTC only today.
It will take time to recover.

BCC will only have FOMO value, which even at $10 per coin is a hefty $400M MK: a nice steal from BITMAIN

For sure after august1 the price of bitcoin will increase more because many people for sure will buy more again bitcoin. So its better to us to buy more bitcoin after the date of august 1. So those people have its better to keep your bitcoin in few months and for sure you will earn a lot of profit. Dont be panic dont be afraid if bitcoin price because for sure after few days it will increase again.

All right then. If the big boys will crush our hope after August 1 no matter what the outcome is, then perhaps we cannot do anything anymore about it. So why act? I am not touching any of my coins anymore. I will just hold them even if they're going down really low. I will just wait for them to rise back.

What I forsee is lot of people will try to get the bonus of BTC-BCC which is a well laid trap by whales. The moment fork happens people will be selling off BCC and whales will buyin while selling BTC.
Eventually they will pump BCC and people will buy BCC seeing increasing price in expectation for high profit. Once whales has dumped their BCC they will buy in BTC again. People will be left with nothing but BCC whose value will keep deteriorating.
Alts will defintely get pumped around this period to create the hype around BTC-BCC

Even the price of Bitcoin under $1000 you still want hold this amount? I think when see a signal sure Bitcoin will breakdown or have big crash, sell Bitcoin and buy again with low price better than just holding, but remember how to make balance Bitcoin increasing and not care about the value of it.

Some people really don't get it.

Projected price for BitcoinCash at present ~$400- about a 14% bonus on your current holdings if you choose to liquidate into fiat or bitcoin at the first opportunity after the fork.  

Percentage drop in one month of legit altcoins with a rocksolid chance of growing in value in the next few months if not weeks such as STRAT, ETH, GNT, ETC, WAVES, LBC, XRP, ZEC and many others- 35- 65%.

Do the math- where do you think you should be parking your money right now?

The price of bcc will drop so fast that only a few will get even close to what the futures is trading at. You really believe your gunna get $400 for a BCC trash lol people are clueless It prob wont be worth the transaction fee.

I would really believe the same thing on which when the price of BCC would be on that range then i would say it might drop too fast since those people who holds up bitcoin which would accumulate bcc at the same time will definitely sell up their bcc since they do think its a free money after all which they wont mind on the potential of it later but securing the money that they would able to generate on having BCC. Real crash might happen or not, no one really knows.

What's the guarantee that all those exchanges who will be listing BCC will enable trading immediately?

Chances are bigger exchanged might dump them way before trading is enabled for BCC and prices will be dirt cheap when normal people jump in for cashing.

Are we really sure that we will see BCC? So far BTC doing fine and everything will be fine as it was expected.. Why people believe that BCC can become something special because it won't be different from any other altcoin..PnD will be provided as welcomes, but as soon as whales finishes their games, it will be forgotten..

this is ridiculous. not only the rich are trading in this market, but people from around the world are influencing the price of the bitcoin. after bitcoin hardfork the price drops, but the price increases if bip91.

I don't know who you are talking about but I don't know a lot of people who believe in BCC...

I don't think it will crash the hardest right after August 1st.
If it does, I believe we've already seen it before.
Every time it crashes, it will always manage to survive and go up again.

Lol! Cool answer indeed. I believe the same. I don’t understand why people are making August 1st the matter of life and death. August 1st is just a day and that too good one. Many people are going to become new millionaires on this day. People with negative thoughts should keep them to themselves than jotting them down and disturbing the supporters.

Where did you get this? I know crashing Alts in July 28 to July 30 now its because some of traders sell all her altcoins to buy Bitcoin .
Cause Bitcoins will probably go 3000$ after segwit .

Thats true i also think ,that we will see a hard pump, because people will see that there is nothing to be afraid of and the prices are stable. For sure after this we will see some big investments in altcoins and ofcourse in bitcoin. The big Whales have already received a huge profit, by playing with bitcoin by selling it on the top of 2900$ and dropping it to 1900$. At the moment i think they will just hold bitcoins, for a better days, to play on out nerves a little bit later :)

You should buy more BCC after dump, thats how you can make money. It will rise for sure.

LOL, are you kidding me? BCC just is shitcoin fork from Bitcoin and distribuite for user Bitcoin as "free money", but we not know the value of this coin. Maybe as BTU in current is died coin not have more volume in long time :)

The effects have definitely begun!

I sent $30 in BTC last night and it took SIX HOURS to send & confirm.

I guess they already know this. They saw what happened to ETC and know that they will end up the same way. The whales will make their money and BTC will become even more concentrated at the few. But BCC will go on, low key but valuable.

BITPAY will not even recognize BCC:

https://www.owler.com/reports/bitpay/what-bitpay-and-copay-users-need-to-know-about-the/1501281241249?utm_campaign=ep&utm_source=snapshot&utm_medium=articlelink&source=snapshot_events_page (https://www.owler.com/reports/bitpay/what-bitpay-and-copay-users-need-to-know-about-the/1501281241249?utm_campaign=ep&utm_source=snapshot&utm_medium=articlelink&source=snapshot_events_page)

One thing is for sure, if BTC value goes down hedging in alts will not save you. The loss will be magnified.

And conversely if BTC value goes up due to the uncertainty around it being resolved going into alts could multiply those gains several times.

I don't believe in a crash come August.

Please do mention in title that real crash of BCC after 1st AUG

There will an extreme high volatility. But it might be in both directions. However I am strongly bullish on BTC for 2017 and the end of it!!

i dont know why people want buy bitcoin expensive; Let's drop it "to 1800 again

up 2300 is very expensive

Surely the whales would take their profit but we could also take some advantage to it,
Like what you had said the price would be back up so when it happens why don't you join them with the crash and sell your coin while the price is high.

This new fork of BTC, will be dumped so hard, it will be epic. Whales will accumulate it and at the end of the year we can expect pump. Good old game! Forget BTC crashing it won't happen, and there is only more reasons for further rise, things will be only better, is this hard to conclude?

The more things change, the more they stay the same.

This will be no different. Big dogs will pump and dump. If you're holding, with a super long horizon, fine, but that isn't the best strategy. Don't put in more than you can afford to ignore.

Everyone keeps speaking of a crash, but I believe it'll be more of a slow bleed / death for a lot of the alts, but I do believe a few winners will emerge as a result of people concentrating there (crypto tends to stay in crypto).

I have seen a lot of people here saying crash of Bitcoin. They're a lot of people sold their BTC on the drop so It's very much possible. Wouldn't it be wise to hold until after Aug 1st something like many scenarios are coming, but you should have been smart and confident with Bitcoin. Watch out for BitCoin and ALT Coin price.

So, if you know that, you can sell all before the price of BCC drop to lowest price and buying enough you had sold. Then, you will have profit + altcoin "potential" for waiting next pump 8)

I agree with you, many people act now and have prejudice.

In which ever way the pendulum turn to we are in it.  It is better for the price to pump now than dumping. Dumping after August first can be classified as a normal big boy price manipulations which we are all familiar with. We should hope for better positive out on all this games.

Well folks, it's July 31.

Whatever strategy you chose, it's final now!

Don't even try to send BTC today.

https://i.imgur.com/87QN9Jk.png

RoomBot you are the best

But if have Bitcoin on exchange Poloniex in today, going to lending and enjoy the profit from it. Not need trade but I still earning profit 3-5% per day from lending haha.

it is safe Poloniex (site) and LOAN box Poloniex??

POLONIEX Untrusted ( bad support  , Issues not resolved more than a month   )

https://bitcointalk.org/index.php?topic=2056626.0
https://bitcointalk.org/index.php?topic=2054725.0
https://bitcointalk.org/index.php?topic=2047172.0


I trust yobit More than POLONIEX

Indeed! Whatever decisions bitcoiners have made, the time to switch to other options is over now. The results will be declared tomorrow and I personally believe that those who have held onto bitcoins in the last weeks are going to enjoy epic ride to the moon soon. All just need to stay calm and love their bitcoins.

Well said!!!!  HODL & LOVE BTC   :-*

Topic itself is fun because everyone is buying BTC. Now we will see what happen, maybe a little correction one or two weeks, nothing dramatical -November will be another game.

BTC is HOD-LING strong at over $2800!

After the current Fork FUD Phase passes -  to the Moon! https://blockchain.info/charts/market-price (https://blockchain.info/charts/market-price)

So many fears people had are being squashed.  Price has only gone up, and I dont see BTC or ETH price going down at all.

The price will go down at some time of course.
But it will always bounce back no matter what.
However it is, that's just the way it is.
People love BitCoin, so many are yet to love it.
And so it's no wonder why it will always go higher to new highs.

When small exchange rise too fast its normal that is very hard to organize. Yes they are now little too slow to
suport so many peoples on exchange but for now thay do the job. For now its my favorite exchange.
Every day I hear bad expectations on their account. But they should not be condemned and said that they are not reliable and that they will fail

I'm also agree to this post. Real Crash happened after August1 iftbe Segwit is success.
So all of holders holding BTC will received BCC (Bitcoins Cash) after segwit and then the mass sell started. So all the altcoins are affected and its cause of Panic selling and The price is will be fall.

It can be possible since we haven't seen anything today August 1 , the price of btc were increasing as of today, after segwit we still don't know what will happen , the effects can be seen this week.

It is shame why we don't have voting system so we can get more accurate picture what is more possible to happen.This way we can speculate endlessly. One is certain history repeats it self so you just cannot lose if you wait and don't sell.
For crash we need something really big to happen, so i don't believe.

the bitcoin holder will exchange their coin to alt ones when BCC just received, the current price peak is caused by BCC, people are greedy with free stuffs that could make them money.

hold bitcoin In these times is real danger

The price can drop at any moment to 2200 in (-500 usd in Less than an hour)

Today is august 1 and no crashing in sight. Bitcoin will rise more and the coming weeks. Bullish is imminent at this time after the Bitcoin cash release.

Today won't have a heavy crash because the consequences of the current split are negligible. The market will climb back up, all the up to mid october. That's when fear of the real crash will kick in, because that's when the bitcoin split will result in heavier debate and FUD surrounding the shortterm consequences. Make sure to have some money aside to invest because we'll see some great deals, I can image virtually every coin including BTC plummeting to 30-40% of its current value

I think that is a good advice. I have a few bitcoins prepared to buy some BCC or other altcoins.

i am waiting for some real crash you asking, i really want to buy btc at very cheap price, any sign of crash ? or it will be bull ?

why exactly do you expect the serious crash to happen by mid of october? why should there be a heavier debate? are there any specific indications for this to happen?

from my point of view there are currently no signs for a real crash. And I think at this point it would not be too late for some serious Investment as prices did not gain that much by now.

DUH!  There won't be a crash today because no one can sell their coin!

Top Bad i cant buy bitcoins on bitcoin.de

I don't expect a serious crash by then, I expect a lot of FUD around that time. The debate will be about bitcoins future after the hardfork in november, which will probably see a lot of money flow to a small number of alts like NEO for safety. Like with every crash, a few alts shoot up while the rest of them, including bitcoin, drop down because people are afraid.

Getting ready for worse is da best.
Trading is risky so go trading only under the limit that you can HODL.

It is da beast.

Well it's now August 2 and it means 24 hours have left but there's still no real crash because people weren't afraid anymore about segwit, all is clear and people still keeps their money safely.
But see now, there's some big pump occur for some of altcoins, hope this will be a good day for me.

I don't think any crash in coming days .. People are over joyed with their free BCH and happy to sell at $400++. All the FUD regarding dumping and BCH lose value are at rest.
New coin emerges and market is riding the wave as all this free money will be invested back to Alt's  ;D

It is always the same and I wrote it here in this thread already:
A predicted date for a crash fails everytime. Because when doomsday has come, the meal is eaten already. There was no chance, that Aug1st would lead in a crash. It only lead to this:
The experience, that fears don't count and with that in big confidence.
Aug1st cuts the uncertainty and is the starting signal for a new bullish rallye with new heights.
Enjoy!

Everybody will show interest towards free cash, right we don't have any Bitcoin with us that's why we are very greedy about them. It depends on the developer who wants to give free money to Holders, that was his choice, not ours.

bitcoin drop to 2200;  Reason : bcc ( bitcoin cash)

It is better to purchase the coins whenever you can,rather than waiting for a crash as it is highly unlikely it could happen now unless we find a bug in the network or some dramatic turn of events,other than that i do not see a crash in the price of bitcoin.

BTC droped to about $1800 two weeks ago, that was a fantastic buy.. this kind of dips will happen again and again, you just have to time it riht and, for example buy when it falls 20% and sell when it rises as much..

There was a circumstance when the FUD was getting into the nerves of the investors and because of these news of fork and panic we saw the price going below $1800 and the recovery was really swift within a couple of days and those who purchased the coins during that crash made a good investment,it is hard to see these kind of crashes in the future ,unless there is a flaw in the upgrade or another FUD news that would scare the investors.

FUD, crashes & recoveries have been going on for years.  Not likely to stop now.  There will always be ups & downs, often depending on world events.

@cryptor47 is right.  Always be on the lookout for good buys.  BTC has proven itself resilient enough to recover time after time.

OP and everyone else supporting him must feel really stupid now. Bitcoin is safe and stable. BUY and HODL forever guys. Never give in to emotions. Bitcoin is and always will be the most stable cryptocurrency.

We just need to have lots of patient in holding on to our coins especially in btc, since they are really into pump and dumps trend we just need to wait for the time we realized that it's amount is enough since we gained already on it.

When is that "real crash after Aug 1st"? It's now Aug 10th, and BTC's been amazing

Perhaps OP was referring to BCH?    ;D

fuck this   topic

where crash??

OP crashed his car.

BTC $3900    ;D

This is the worst level of FUD attempt. Real rally started after August 1st.
OP must be hell of a poor. Crazy dude got it very very wrong. ;D

FUD Happens.

OP never won a bet in his life lol

i hope bitcoin crash  to 2000 or 1500  :'(  I hope it falls   :-*

everthing is possible

btc e.com closed   everthing is possible

I missed the train    :-\

3800   We did not expect things              

i never buy at  this price 3800 or 3000 Even if it went up to   5000     or  6000 or 10000  

1 bitcoin  had become!!!!!!!!!!!!!!!!!!!!

I feel it will collapse and crash

I have the same feeling when bitcoin  riseto 2800   and drop to 1800 :)


Big whales  She will lose the game this time                                                                       
              


                                                                          

      

yes, fiat crash

Maybe come November. People are backing the wrong BTC, BTC is the centralized and corporate one and they don't even realize it or don't care.

why?

Bitcoin is moving in the right direction because many people propagated a lot of negative rumors about the Bitcoin but Bitcoin is becoming more stronger than ever. At the same time, people who don't believe in Bitcoin are now believing the Bitcoin with the power of Bitcoin.

it is proof by the increasing of the price and now bitcoin become more famous and stronger. we can see the price is up and down but the charts and the trend showing up progress. there still many people which don't believe that bitcoin become expensive because they underestimate bitcoin from beginning but for now, i am sure that they are regret

Bitcoin has yet to experience a real recession in the US or in Europe. The last big financial crisis
was before Satoshi even released the whitepaper (Lehman Brothers, AIG and so on).

I´m really curious what will happen with the BTC price in a recession where traditional
investment like stocks are doing poorly.
Besides, we have another halving of the block reward in 2020.

Yes one of the best prediction is here lol, the real pump started after august 1st in fact, but there will be also real crash you are right in that.

WORST. PREDICTION. EVER.


BTC > $4100 today.

MOON, anyone??

$4,500 tomorrow ?

It starts to be a lot... and harms the alts.
I hope it will stabilize before $5,000 soon.

Close!  $4350

OP must have sold before the fork.  TOO BAD!

OP will eventually be right again once BTC reach 5200+ mark. All alts will go crashing. We can soon see another bleeding in market. Strong and weak BTC both affects the Alt market.

A great regrets come from weak hands. at the  end, HODLing is always the best option in this cryptocurrency world. I remember when the Fudsters keep shouting that bitcoin will even reach $200 after segwit, but see now.
those fudsters are 100% bullshit and the holders win.

Best BCT post ever.

 ;D

Alts are crashing so the OP got it right!

Hehe, but how to forget amount coin in my wallet for avoid sell them when lowest price or have many volatility?
I understand hold my coins always better than trading every day, but I can't keep my emotion and calm when the market have panic or flash crash :(

Crash is not a crash by a common financial definition,
crash is actually a condition to near bottom (zero or extremely low value),
BTC is always corrected to certain percentage, it is normal (even volatility in BTC is extreme) but it is not crash.

I think we have to be ready for the next correction if I am not mistaken (read the chart)

"Crashed" all the way to $4400 this week!

https://i.imgur.com/caHkLXW.jpg

The price dropped yesterday, but it is high now.

A big correction is imminent. Have to keep an eye open to short the top this time. Always kept missing shorting the top.