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Author Topic: Bitcoin price after 1 August - Down 50%  (Read 3542 times)
Qartersa
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July 02, 2017, 11:33:11 PM
Last edit: July 03, 2017, 02:20:01 AM by Qartersa
 #81

the big rise of this year has been made in last two month , historically bitcoin will not be rise over than ever , just wait for next winter

But winter is coming. -GOT reference Tongue

Anyway, a big rise does not prevent it from rising again. That's just an absurd theory that if there would be a big rise early this year and mid year there could be no more chance that it could rise again. I would remind you that last year, the whole year it was rising and it was not just once or twice. It even raised up even when it was already december. It's not a fixed thing.
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July 03, 2017, 04:20:50 AM
 #82

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.
Nobody will ever know exactly what will happen to bitcoin prices after 1 August, but I think pumps will happen in this month whether it's mid or late this month. If the bitcoin price will be pumped up to $4000 in this month, that means if the bitcoin price is going to go down 50% after 1 August I think it does not matter because we are still at $2000, IMO! Everything is still possible to happen later.

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July 03, 2017, 04:40:12 AM
 #83

Bitcoin price after 1 August - Down 50%

how do you think about bitcoin price after 1 August 2017.
if there is hard folk, will price down to 50%??

I would like to know exactly.

No. Actually it's the other way around. Bitcoin will go up 50%. It may have a small drop, the weak hands will sell, the speculators will gain. Then everybody will see that's all good and will buy more and more. See Litecoin's path.
And I expect no hard fork. I find that just another FUD to keep the market under pressure.

Hard fork may not be coming anymore according to some pronouncements from authoritative Bitcoin figures. And I am banking on that promise. What can be the value of Bitcoin after this important August 1 remains to be the subject of speculations for now. Well, there is a possibility for some drop but the overall trend is up so maybe days after the Segwit2X Bitcoin can start to be back on track. Once the market can see that we already have fast transactions and no more significant clogging in the mempool and that transaction fees are back to being reasonable, I see no reason for Bitcoin not to go up again...maybe heading back to the $2800 level and then into the $3000 threshold.

For now, all we can do is maybe to wait and just watch how the market is playing with Bitcoin. The market (Bitcoin and alts) is getting to be red buoyed by that dark cloud hanging over Bitcoin.
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