Bitcoin Forum

People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

no one knows so its up to the holders if they believe even some panics will happen if you are a believer better not to go with the flow
we will see another dip but support will sure showing back and whales will buy those dumped coins and will bring the price to pumped
much even higher.

The dump will be twice or thrice as big as August 1 FUD dump in July, two weeks before BIP 148 (we dropped to $1800). This isnt about bitcoin cash, this is about miners vs bitcoin code developers.

Below 3k is a good news for buy in :D

Well if this is true then it will be good for new investors to buy bitcoin for the first time and I'm sure that the price could recover quickly. I don't know where you get your news cause you didn't put your sources. But I doubt that miners would suddenly and quickly change to BCC. I don't think that Segwit is already price in. I also thought so about this, but the price is continue to soar after the fork so I don't think that Segwit price is already in already.

For me, you are just enticing people to sell their coins so this is FUD at the highest level. Sorry dude but I'm not dumping my coins but will continue to buy in dips like this.

Nice timing, could be one of the last great buying opportunities in the next few months. Treat this as a blessing. See you on the moonBTC

only idiots and FUDsters think like this.
there has been lots of tests on the testnet so far, testing the SegWit transactions.
there has been multiple altcoins similar to bitcoin that have already implemented SegWit and have had it for months now.
one of these altcoins is litecoin and there has been many SegWit transactions on it, and it is worth a lot. if there were any "fiasco" it would have already happened, specially by the enemies of bitcoin.

True, and litecoin is the fastest coin I've ever used.

Bitcoin price was too high and growing fast, a drop like this was very expected. Big drop in few hours, let's see how farther it will go to start buying Bitcoins again. I think it will be a bit hard to bring Bitcoin up again so fast... $5000 by the end of this year is a bit more distant now.  ;D

Never again mate, fool me once and that's enough for me to kick your ass, nothing will happen if the majority of holders keep doing what they're best

At doing, keep holding, how could the price drop if the majority is not selling? if no one is buying and you need the cash so you'd have to sell at a price

Which they are buying, I doubt if all the holders need money that bad. just wait until a big whale needs a decentralized currency, they'll have to pay

Whatever we ask them if they want to use a cryptocurrency with a worldwide support like Bitcoin.

well it's possible and i believed that there will be a big drop on november but it's still up to the current bitcoin holder if they'll going to sell their coins now or wait till the $5000 barrier. it's not easy to do trading but big whales is one of the reason why bitcoin price are raising and dumping. when they sell out their coins there will be possibility of big dump. i've been selling and buying bitcoin for a years.

There is a sense of deja vu here. If you remember, all the doomsday predictions were going around even before the Bitcoin Cash split. And we all know what happened on August 1. So there is absolutely no reason to panic now, even if the price has gone down.

the thing is, you should make up your mind. if you want to become a trader or to trade occasionally when there is a price surge followed by a correction or to become a full hodler.
* the first one buys and sells bitcoin every day on every dip and rise no matter what, OP is full of shit for these people.
* the second one should only sell on top not after the price started coming down (aka after correction). in this case any price above $4000. and then buy back in a couple of days after the correction was finished. again OP is full of shit for these people also because it is already late and will become too late soon to sell anything because it will soon be the bottom
* and the third is obvious, they just buy and hodl until price is 10K, 100K,... according to their plans. and again OP is full of shit for these people too ;D

I mean it is the same pattern all over again: https://bitcointalk.org/index.php?topic=1935374.0;all
how many times something has to happen before people stop losing money by selling in the bottom instead!
it is always the same, there is a rise and it stops, when it does everyone is saying buy buy buy, then the correction starts and price drops and people are mostly silent but when it reaches bottom everyone starts saying sell sell sell!!! it is like the opposite day with bitcoin everyday.

Bitcoin grew way too fast the past few weeks anyway, it was doomed to fall into a correction, the price has already started to fall. $3700 right now.
You can't expect it to continously increase.

Here we go again, for sure there are many threads that will pop up now about this.
Like it so sick.
Go get sell your bitcoin.m and regret later. Well if you have a lot of funds then you can buy back.
But for me, holding is real and we see it when bitcoin hit its ATH and I dont want to miss that chance either.
This is just some dips thats usual in any coin and nothing to be panic about.

Those people selling for this happenings are surely those people have weak hands for seeing the little downfall of btc's prices. But we can't control if the other people will dump since its their decision and opinion if they want to hold and give bad comments on this but for me I will just hold and forget that I have some stock of btc for long term goal.

The title is "sell now, big bitcoin dump! FUD. Believe me" you may think that it will happen again that the price will be at dip and it's now happening. We are now at $3,700 and it can get even lower but I don't really think that we have to sell right now. That dump you are saying will be one of the advantage of most of the holders, to buy some more. Nothing to worry.

What I believe is Bitcoin is best for long term investment and not so good for short term trading. Once invested you should forget about it atleast for a year and then enjoy the returns and shouldn't get into selling and buying in short term. In case of Bitcoin these dips are best for buying more and not for selling. Keep on stacking your Bitcoin, in near future it will definitely make you rich.

It's been 5 years I am listening to these bullshit. There have been lots of dumps but Bitcoin is still here and it's here to stay.

You guys don't know how privileged you are right now: you know about bitcoin while some billion people don't.

Try to stop whining

Once this kind of posts come out, you'll know they are trying hard to bring bitcoin down. The more reason to buy bitcoin because they are trying hard but they can't drag bitcoin down. Always buy the dip and this is a good opportunity right now.

If bitcoin lrice decrease its good to buyif you are trader if you see bitcoin price decreasing you can buy more so you can earn more. Be careful always of what you doing because what if you sell your bitcoin and afterfew days it will increase the orice you lose some profit . We dont know what will happen in november if the price decrease or increase but i hope it will increase so we can make a lot of profit .

There is no way to see dump only in the bitcoin price movement. As price fluctuatation is happening every time and with that even block size been increased. First it proposed differently when every halving hits up blocks will be reduced and demand and supply increase. But thump rule define differently now.

Another noobster account freaking out or what is going on here?
Dude chill!! If you're in for long just relax. What goes up will come down, and what is down will go up again! It's so simple!
Furthermore a price of 3k or below would be a GIFT!! You can not imagine how much of BTC I will buy if this should happen!!
And I'm pretty sure won't be the only one!

This is some panic about people mining Bitcoin Cash. People overreact to the early rumors about being more profitable to mine it and dump. But it should not be very deep.

And if it is, it will go up again. You can always sell and hope to buy a little lower, but you can fail. The thing that is for sure is that it will go up again.

I just wandering how this 3600 get out? The price did hit 3599 at Bitfinex. But why?

I am sure that OP is just another newbie to Bitcoin and is afraid that he might lost his Bitcoin due to the coming fork in November. Losing coin? Didn't we get free coins because of that August 1 forking and the so-called split? In fact, many people were happy about it.

When Bitcoin will dip in price, there is nothing to be alarmed with because this is just a natural behavior for Bitcoin and soon it would be back surging in price again. Unfortunately, there are members of this forum who are not actually reading the many sections of the forum and just posting any crap idea their heads might have.

I am tired of reading posts like this! This is just making the forum looked like a crap.

Every single speculation news can be interpreted as FUD, to a degree.

However i agree with you. I think that the price of bitcoin is only going to moderately go up or not go up at all at 23rd August when Segwit is likely going to get activated due to the fact htat price has already been pumped.

People already know that it's going to get activated, it's not a surprise or anything. So on the day, it's probably going to be quite anti-climatic at least in the sense of price. price is way too high right now, meaning that a correction in the short term is imminent. But after the correction i'd expect a huge wave of buying happening again.

I don't think that if the price goes down it's about people getting to know about the potential november fork or anything like that. It's just that we haven't seen a sustained growth for a while now, price has just been floating around 4k-4.2k and going nowhere, and there are still margin traders out there that are paying interest on their loans. They probably think that btc isn't going to go much higher than this, so they close their long positions. This forces a lot more people to close their long positions essentially causing a chain reaction.

The most likely thing to happen is a dip at around $3500 lowest, and then rebound up to close to $4k before again correcting down to $3300 or so. Just my personal thoughts.

Feels like wizard predicting it to go 3600 and it really hit 3599. Anyway, today $3500 mark.

40 % of miners switched to Bicoin Cash.

You know all the miners to say that? It seems to me that now we are seeing the purposeful work of bots to undermine confidence in BTC. Nothing you will not succeed. Bitcoin was the crypto king so they will remain. Those who would panic and sell their coins will be crying next week.

Are you trying to make yourself look like a second kwukduck? It definitely looks like that, but it only isn't working. Not even noobs will pay attention to what you are saying, while kwukduck has been here long enough (assuming he is still the one who created that account), may have some sort of an 'authorative' glance due to his forum status and the date he signed up here. The dump that we have experienced, and will further experience this week, has been imminent for quite some time - current levels just aren't sustainable. Only idiots believe the price will just shoot up without correcting at some point. It's insane how some people here lose track of reality just because the growth that we experienced this year. :-X

Yeah that's right, if you are a bitcoin holder and knows how to invest in a long term this is just normal to you because you have a specific target of price or time. Mostly of those who are inexperienced users are really doing the panic selling when bitcoin price is going down, but for those users who knows what the low price mean this is their opportunity.

I wish I knew about bitcoin pump and dump, but we don't know about it for sure but just speculate whether it will goes up or fall down later.
But, we do know that bitcoin price will always recover simply because it is the king of cryptocurrency. No matter what, bitcoin will be always be the one because it has real usability compare to tons of altcoins out there. Bch is a free coin, and whenever it reach higher price will be dumped immeddiately.

Haha, why we skip an opportunity like Bitcoin Cash mining? In current, the profit mining Bitcoin Cash x2 profit mining Bitcoin original, if change to Bitcoin Cash, we can use this profit for buy Bitcoin again and continue the round Bitcoin comeback ;)

But how long bitcoincash mining will be profitable ?
When more people will rush into it then we are going to have similar situations like what we are having right now with bitcoins. I guess sticking with bitcoin will at least ensure great profits in long term perspective whereas bitcoin cash may get dumped any any time. I wonder why it is not yet reaching zero yet.

You are right. Difficulty will adjust and it will be as hard to mine as bitcoin but the price is cheaper. They will lose profit and will have to switch back to bitcoin.



Because someone rich is backing the coin and pumping it?

do not forget that very same ppl which are supporting BCH are jamming BTC mempool!
BTC is now extremely slow to process transactions and BCH is not, as there are no such idiots on BTC side to jam BCH network....

all combined together makes BTC quite vulnerable, see twitter - BCH everywhere fud fud and more fud.
We'll see, but predictions about 6k this month and so on are really stupid. Till this mess will not be solved, we are going nowhere far up

People should have started to cash out profits as soon as the price topped the $4000 level earlier this month. And when the price peaked at nearly $4500, people should have cashed out another part of their profits. Anyone cashing out right now has likely decided to do so because the market ran out of steam, plus they don't have the patience to keep waiting for another rush. Another thing, you say that people will fud, but yet you are doing exactly that what you warn others for....

nope, I'm just cautious
I'm around bitcoin from 2013 so I've been thru quite a few bear markets and hodled till now with ease.

What I'm saying is: calling ATH everysingle day is stupid, everybody expect to be milionaire overnight which is completely wrong. And now when there is open war with BCH is situation as well quite different.

We know that BTC will rise, but there are times where is better to be prepared for dips and buy some more before another run.

   He is not the only guy that predicted this drop, on telegram group they also said that bitcoin will go down below the $4000 and that this drop
will be a good chance for buying more. Drop happened people who sold on $4200 and now bought on $3600 are in good plus with bitcoins, that
is how traders are trading I presume.
   I do not know much about bitcoin cash, that is just one more alt-coin, with new fork in November maybe we will see one more coin segwit x2,
that will not inflict price of bitcoin. like bitcoin cash did not change much, on a contrary price went up for more then $1000.

I don't really believe if the price can be crash soon.. but i believe that bitcoin can stay stronger. if developers of bitcoin just planning to make bitcoin fork2]
I think they are just want to improve the bitcoin and i think its too far if it will started in november.
So for me much better to hold them all for a long time so that i can't lose the opportunity this month and next month for the price increase because i will be regret soon if i don't have any bitcoin to sell if the price increase more..

you are full of shit.Putting 'no fud' in title doesn't make your thread no fud.Bitcoin ain't going anywhere you shitcash paid troll.your attempt failed  ;D

We need to think positively to preserve the value of bitcoin, fud might be a good strategy if you happen to be a whale trying to get some cheap coins but whatever speculations are spreed bitcoin has a strong community and we shall not allow the price to crash. I believe there is strength in numbers so as a community lets remain calm and wait for a solution to keep bitcoin as the best digital currency.

I'm not paid, I dont even have bitcoin anymore, investing in ICOs is much better, OmiseGo and Kyber for example...

For the rest of your post: no shit sherlock.

How can you consider it is already priced in and at the same time say there is risk/doubt about if Segwit will be a failure or a success?

That's exactly the oppossite definition of something being already priced in.

Also, I really don't understand why would someone that does not have any Bitcoin lose his time speculating about something he is not invested in. I would focus on the ones I do.

I just love Jihan Wu, he's such a great guy and troll and Bitcoin Cash. I would really like it to win, never liked segwit and Core devs because of their foolishness and arrogance. November will be interesting, why should miners mine Segwit2x, when it's untested when they can just switch to Bitcoin Cash? And Core is against miners (segwit2x).

I don't believe in Bitcoin as a payment system, rather digital gold.

Going much lower than 3k. Buy Bitcoin Cash.

No one can say that things tho no one can predict what is really happens on that month since bitcoin users have a great idea for them to trade you can't tell everybody to sell their coins because once they do doesn't mean the price will be fall bitcoin is a great coins where people depends on it. It will accumulate the things. Don't believe that the price will crash soon.

Your advice sux, go away.

I wouldn't say... I'd predicted $3600 and it hit $3599 on bitfinex, wizardry... you jelly hater! MAD SKILLZ