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.