We can only predict and I appreciate each of your views about the influence of August 1st.
But i think only the market and the user requests that determine the altcoin is up or down.
Theoretically the cryptocurrency market or any other market is indeed always depends on the demand and supply itself.
When there is a huge spike on both aspects it could directly changes the market direction.
1st august is basically about bitcoin fork , and yeaaa it might affects altcoin a little bit i guess, there will be an adjustment rather than keep dropping down.
Yes I agree, there will be an effect on August 1st. But whether it brings improvements on alt coins, we do not know.
Hopefully bringing good change to the world of crypto.
If you want to take a risk , buy some potential altcoins such as nxt, xrp and dogecoin now.
Before the price affected later as i believe the skyrocketing on altcoins market will happened.
Mark my words , and that's the conclusion of my whole analysis so far , feel free to join or ignore it.
Thanks for your suggestion. The price of BTC has been already quite flaky. It may be right time for alt coins to mean their names, good alternatives. But I wonder whether the dogecoin has the pump potential, considering the original intention of the coin, keep inflating and keep price down?
Yeaaa we all can see it the price movement of bitcoin always have a good range , between $50 to $200 .
And the last bitcoin drop are around $600 , while altcoin survice a little bit and move up again by now.
Dogecoin still has a lot of potential to get pumped in my opinion , we can see 100% price up for dogecoin.