Bitcoin price after 1 August - Down 50%

[facenew111]

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.

[djukica666]

think about what you are asking  .

who can know this. maybe nostradamus if he was a real deal and alive.

[karasuri]

think about what you are asking  .

who can know this. maybe nostradamus if he was a real deal and alive.

lol agree with you

i think we have 2 ways: or nothing change or something happen. And saying something concrete is not worth it

[Vianor21]

All of us want to know for shore, but it's impossible. There will be no hard fork if you r talking about that

[Slow death]

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.

Another pessimist, why the hell are you so pessimistic?

why you do not think positive, maybe the price goes up to  $5000. who knows

[NeuroticFish]

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.

[BTCLovingDude]

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.

you are the one making this drastic speculation so you are the one who should say why not us!!

[Meuh6879]

if bitcoin down 50% ...  2 week before, it will up 175% 

[bamboylee]

It can go both ways depending on what the outcome of August 1 is. But I think most of us wanted it to surge up rather than fall down. So I think it will go up because if it falls a bit, everyone will start buying and that will push the price back up.

[withche.07]

If this happens lot of people would go & buy more bitcoins.
I mean basically it wouldnt be one way road. Cheap bitcoins are still valuable.

[YuginKadoya]

It can go both ways depending on what the outcome of August 1 is. But I think most of us wanted it to surge up rather than fall down. So I think it will go up because if it falls a bit, everyone will start buying and that will push the price back up.

All of us here really want to surge bitcoin up in the upcoming August 1 event but for now we can really never know the outcome of it and to be really sure of what's gonna happen I think I will convert my bitcoin to fiat just to be safe, I have gather up a sum of amount because of the value of bitcoin I don't want to cut that up with the impending fork if that's gonna happen and I think there are many users that are thinking the same as me.

[N7Pathfinder]

I don't understand why people think BTC price will reach $5000 after Segwitt or hit the moon one day! I think you all agree that the price is totally dependent on demand. So why should Segwitt or any improvement in the blockchain increase demand hence raise the price? If such a demand exist we would have seen it already. I just trying to be realistic here and trying to decide whether to sell or hold before it all goes mad because I can't find any reason yet for the price to go up! Help me here speculators.

[megashira1]

I don't understand why people think BTC price will reach $5000 after Segwitt or hit the moon one day! I think you all agree that the price is totally dependent on demand. So why should Segwitt or any improvement in the blockchain increase demand hence raise the price? If such a demand exist we would have seen it already. I just trying to be realistic here and trying to decide whether to sell or hold before it all goes mad because I can't find any reason yet for the price to go up! Help me here speculators.

Such demand did exist but it all went into alt-coins because BTC could not take on the capacity of new users because blocks were full. Segwit will release this bottleneck and all the users that bought alt-coins will flow back into BTC.

Total crypto market cap went from 20B to over 100B with BTC losing 40% market share. Expect a large % of this market share to come back.

[Miz4r]

I don't understand why people think BTC price will reach $5000 after Segwitt or hit the moon one day! I think you all agree that the price is totally dependent on demand. So why should Segwitt or any improvement in the blockchain increase demand hence raise the price? If such a demand exist we would have seen it already. I just trying to be realistic here and trying to decide whether to sell or hold before it all goes mad because I can't find any reason yet for the price to go up! Help me here speculators.

Think about it, many people are scared of August 1st and what's going to happen. They are sitting in fiat or have fled into altcoins to wait out the storm. What do you think is going to happen when disaster is avoided and Segwit activates and people are cheering and celebrating for finally getting Bitcoin out of its years long deadlock? Oh man if you can't even see the obvious answer to this question I guess there is no helping you.

[Epimetheus]

I believe there will be two chains, one with new protocol and major network power and the other with the old protocol and very limited network hashing power.
So I believe the old chain will be neglected and the price will fall just because of transaction issues and the new chain will get more attention because of faster transaction times and the price of it will increase.

[N7Pathfinder]

I don't understand why people think BTC price will reach $5000 after Segwitt or hit the moon one day! I think you all agree that the price is totally dependent on demand. So why should Segwitt or any improvement in the blockchain increase demand hence raise the price? If such a demand exist we would have seen it already. I just trying to be realistic here and trying to decide whether to sell or hold before it all goes mad because I can't find any reason yet for the price to go up! Help me here speculators.

Such demand did exist but it all went into alt-coins because BTC could not take on the capacity of new users because blocks were full. Segwit will release this bottleneck and all the users that bought alt-coins will flow back into BTC.

Total crypto market cap went from 20B to over 100B with BTC losing 40% market share. Expect a large % of this market share to come back.

Thank you for that. I didn't know that people left Bitcoin and went to Alt coins because of Bitcoin network problems. I thought they bought Alt coins because they are cheap and possibly earn a lot more money on their investment in a short time. I guess you are right with BTC and that may very well happen. Do you think Ethereum have a good future or will it ever be like Bitcoin?

[BitcoinPanther]

I believe there will be two chains, one with new protocol and major network power and the other with the old protocol and very limited network hashing power.
So I believe the old chain will be neglected and the price will fall just because of transaction issues and the new chain will get more attention because of faster transaction times and the price of it will increase.

The beauty here is that when network split, you will have coins on each network.  Even if the price goes down 50% on one chain and the price on another chain remain, I think you can see the scenario here,  you profit 50% from the chain split.  But the price would be unknown since the event is yet to happen.   If the chain is bound to split then it would be the best time to buy Bitcoin since you can have bitcoin on either chain, thus profit is expected.

[N7Pathfinder]

I believe there will be two chains, one with new protocol and major network power and the other with the old protocol and very limited network hashing power.
So I believe the old chain will be neglected and the price will fall just because of transaction issues and the new chain will get more attention because of faster transaction times and the price of it will increase.

The beauty here is that when network split, you will have coins on each network.  Even if the price goes down 50% on one chain and the price on another chain remain, I think you can see the scenario here,  you profit 50% from the chain split.  But the price would be unknown since the event is yet to happen.   If the chain is bound to split then it would be the best time to buy Bitcoin since you can have bitcoin on either chain, thus profit is expected.

So if that happens then people who already have Bitcoins will be on the old chain will remain on the old chain so they will lose 50% of the value? or all current BTC will be transferred to the new chain?

[Miz4r]

I believe a persistent chain split would be a disaster for Bitcoin and will almost certainly lead to one of the altcoins taking over Bitcoin's role. Probably Litecoin as it is the closest cousin to Bitcoin in spirit, which is why I have diversified part of my coins into LTC a while ago. I don't see Ethereum taking over, it's just too centralized and can't scale nearly as well as LTC can. Also Ether supply has no limit, which is a no-no.

[mclone]

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.

As soon as insecurity removed we can expect soaring prices.
Its total fear in the market the lesser it goes more confident people to buy or invest in btc.