Bitcoin Forum

After panicked through out the night, I wake up this morning to find out that bitcoin was henging towards $3,000! I read many topics and comments from expert on cryptocurrency about August first and August first is with us.  I will stay with price action rerther than reading those panicking story online.

I think people are buying BTC to get the free BCC so they can dump for more BTC.

As Op mentioned the price nearing $3000 has given hope for the users who have been in fear thinking about the splitting. As the splitting hasn't taken place users could have shown interest in buying or dumping causing a sudden increase in the circulation of bitcoin around the network. If nothing bad takes place by today we can expect an big growth taking the price towards $4000 - $5000 in a short time period before the year end.

Bip 148 went without issue Bitcoin cash is going to be released later today.
It's time for a rally and its going to be a big one looking forward to seeing a nice price appreciation shortly.

Though the bitcoin heading to $3,000 we should not think is over now as the Btc and bcc issues will be resolved later today and the outcome is what will determine our hope.  Ethereum is being pump right now and not only ethereum but others altcoins and I think people are using there bitcoin to buy those coins.

I think it's actually the other way round - less people willing to part with their BTC before the BCC airdrop. I don't think that much new money is entering the marketjust for some free BCC.



Yep... with BTC being surprisingly stable and blood in the alt coin streets it looks like everyone is prepping for the next round of the alt coin dance. Nonetheless I'm pretty sure that any sudden move of BTC (both upwards and downards) could prematurely end / delay this cycle.

The community will still support the old school bitcoin, the original bitcoin and this BCC is just going to be dumped very quick. This month of August is going to be a big blast to all of us, this is going to give us a lot of hope that the speculations of the experts that bitcoin will reach another new ATH is a very possible thing.

You know why people will still support the OLD btc? it's because they have tested its strength and nothing can beat the original since bitcoins has strong stands on economic online development and BCC will just be threatin as an alt and never be a replacedment of old btc. Many big names of BTC industry supports the real so theirs no need for us to worry to hold our old btc and surely we can see more price hike and 3000$ is coming near to us.

Bitcoin prices have never reached the price of 3000USD. This is a bit weird because we are always hindered by the 3000USD wall.
Everyone would have hoped after fork because of the possibility of rising bitcoin prices there, but the risk of falling prices is still quite large.

People doesn't want to have disturbance on what's the best for the market. All of us will still support the old and orig bitcoin. Why would we choose those coins that are just replica and created from the idea of bitcoin? Though others are doing some improvement on where bitcoin isn't good at, still bitcoin will remain and stable for $3,000 soon.

People will indeed get incentivized to keep holding their coins, but as you probably also know, the sell side of the orderbook is never empty. ;) In order for people to benefit from the BCC airdrop, they will have to buy up the price, which very well explains why the price has gone up. Side effect will be that when people have claimed their BCC's, the BTC price might drop as result of people unloading the coins they bought just for that purpose. And no, new money isn't coming in just because of BCC - it's money people had already sitting in their accounts. Funny thing is that with so many people waiting to dump their free coins, BCC is going to tank real hard at start, where some people might end up dumping at bottom levels.

Now when everyone is breathing again after August 1 has passed without making any harm analisys and speculation will start. I sincerely doubt that anyone will make money on BCC and that users are so eager about free BCC, what's the use of that. To my opinion this just added the new strenght for Bitcoin.

Its really good to see some rising high in the price of bitcoin since last night even at the point where the tension is of the highest but the issue here is that at the same time the volatility is equally at the highest couple with the disruptions that might be witnessed in doing some transactions of bitcoin at this time so for me, I wouldn't want to rely on what the price is saying now until everything has settled down and the trend of price can be determined to a large extent.

we are on our way to reach $3xxx but we need to waiting for more time because i see the price is move up and down really fast and i think people is trying to buy bitcoin before its too late for them. but if the price is down again, make sure we can buy in lower price before it bounce again to the higher price.

The price went higher than $2800 in a shorter time period and all of a sudden it went as close to $2900. Now once again the fluctuation has taken the price down to $2750. This seems to be the right day for profiting through trading, but most of the trading exchanges have paused the bitcoin trading for few days till everything starts to function in the right way.

Bitcoin cash already here and I got my free bcash about 2 hours ago, just download electrumcash wallet which is another version of electrum.
It works if you have electrum wallet > Fill the name of your wallet, enter the password and then bcash received
More information in here https://bitcointalk.org/index.php?topic=2040221.0
Bitcoin price keep fluctuating today and seems rise and drop significantly, like go up to $2800 and few minutes later go down to $2600, but right now stay at $2751 on preev. Well, maybe people confuse whether bitcoin price will increase because segwit will be activated soon or bitcoin will fall due to bitcoin cash.

Bitcoin price was set to increase no matter what BCC has to offer. BCC is just like an Altcoin to Bitcoin. But Segwit is something which will take the price of Bitcoin to the moon. I am quite optimistic about Segwit.

Regarding BCC, it is already being traded and on yobit volume is over 300 BTC at present. Price is quite stable from like 12 hrs i.e. 0.12-0.15 BTC. But still quite less from the estimate and soon when everyone will get it. Price will drop further.

The period right now is a very uncertain period. If supporters of BCH dump bitcoin, there is a possibility of the price dropping. Otherwise, I think all indicators are positive.

I do only see bitcoins price hits up 2850 and yes its almost hitting up 3k price as of now and possibly would happen after the split or in the end of the day on this August 1. There are lots of exciting moments would happen on bitcoins ecosystem.If we do hit 3k now on this month then possibly we would hit new ATH of upcoming months which is really a great year for us bitcoin users.

I doubt that any of those guys will really dump their BTC for such a crapcoin!
Imo we will see a few days of more wild swing around 2600-2900 before breaking out upside.And once this has happened and 3000 got tested as support I'm pretty sure the FOMO will kick in and could push us easily to 4k in no time.Especially after Segwit got activated, meaning 24-26th of August.

bitcoin price will continue staying in this channel, going up and down but increasing the bottom each time and testing the ATH each time it does before it breaks through and goes above the $3000.
this may take a while though, but when it breaks the $3000 resistance i'd expect the real rally to begin.

No any blocks were mined in bitcoin cash which shows majority of hashpower is with bitcoin so bitcoin is already safe for transactions. But nobody are being able to move their BCC to sell on high prices.

When all those free BCC will hit market, fiat form them might flow towards bitcoin. So I am expecting over $3k price within next few days.

Death of BCC will lead to BTC going up a lot.

BTC have already tested $3k few weeks ago when there was no fud about hardfork. But now we all know BCC (drama queen) is struggling to get few of their first block mined while BTC have mined more than 10 blocks, so BCC will not be viable chain and most of the exchanges hasn't started bcc trading.

So I think bitcoin can easily cross $3k and we might see new ATH anytime soon.

this is also the main cause why near to august 1 but the price of bitcoin was so high and even my friends also had this reason that they're expect get more BCC with holding BTC into the exchange but i think i'm slightly fear after the people get their BCC then they will starting to dumped their bitcoin soon

In my opinion, the scenario in current is:

Hold Bitcoin -> Receive Bitcoin Cash -> Panic selling to lowest price but Whales have order Bitcoin Cash with cheapest price -> The money from free money going too altcoin -> Make the price of altcoin increasing fast and as recovery -> Whales take profit and use this money for buy Bitcoin Cash more -> After some weeks, Whales dump altcoin and pump Bitcoin Cash for create FOMO on market :)

yes so many people are buying bitcoin because of the free BCC

they can collect 1:1  BCC form BTC

Greedy always pays twice. Those who want to buy cheaper BCC not only did not work but you will lose your money. I remain a supporter of bitcoin and I hope that now the price will steadily go up and very soon the psychological barrier of $ 3,000 will be overcome.

There's just one thing confusing me, do you get BCC regardless of on what wallet you keep your bitcoins? I've left a few $ in bitcoin to see what's going to happen with them.

Probably bitcoin will reach $4,000 mark this time before november hopefully Since all is calm now and normal, I dont care actually to the BCC weither I have it or not because the only thing that matters to me is bitcoins stability. Probably by November that will be tough month for bitcoin we must better prepare.

Viabtc has already mined the first bitcoin cash block. But I don't think its sustainable in the long end.

https://pool.viabtc.com/pool/BCC/state/


I believed so, the price will hover around $2700-$2900 for a while before seeing the magical $3000 barrier being breach. We will test it again for sure and will try to sustain it there we can. Probably a month or 2 is needed and when if its sustainable, then expect the price to rise even more in the future.

This is expected by the community. We all know that fork is just one of the challenges that bitcoin will experience but after that it will definitely give bitcoin a chance to regain its price. Will definitely hit higher in the end of 2017. Exciting tho!

Well, a lot of people panicked when they found out about fork which is a challenge to us but since it is August 2, i guess what you did is quite good since you looked for the answer by yourself and not even hearing or reading others opinion about it. And one more thing, you are kinda lucky. :)

The price of bitcoin almost reach $3000 during the time that transactions such as deposits and withdrawals was temporarily disabled so if you want to sell your coins that time it cannot be process then when they get back to normal bitcoin value back to $2800...I think that is just a marketting strategy for bitcoin surely many are doing their investment right now and waiting for the price of bitcoin to rise again

After all the hard fork issues are done, it is time to continue buying bitcoin, because everyone will do the same so if we delay then the price will continue to skyrocket. Currently $ 3000 next month will reach $ 4500.