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Author Topic: Will bitcoin go under 2000 dollars until august 1?  (Read 4464 times)
SvenBomvolen
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July 15, 2017, 10:05:09 AM
 #21

Bitcoin is keep falling! The official price is 2093.44$ in the current moment WOW WOW No doubt why so much people got panic, but I will hold my coins, all this "bitcoin is dying!" can't affect on me! But the situation shows us that Bitcoin will fall under 2000$ price till the 1st of August. It's just the middle of the month and the price is already close to 2000$ as never before.
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July 15, 2017, 10:06:31 AM
 #22

People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything. Smiley

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July 15, 2017, 10:22:35 AM
 #23

People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything. Smiley

This is exactly my point but in all sincerity, its actually a difficult thing to do at this time considering the panic that have ravage the space and I must say the confidence level is really dropping among people who have initially promised to hold still and that's my earlier position that the outcome of this is largely dependent on the reaction of the majority in the crypto space which is what we are expecting. The below $2000 mark is very much possible considering the number of days to August 1 compared to the current price.

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July 15, 2017, 11:11:36 AM
 #24

People here keep saying that noone knows what will happen before August 1st, but we actually can be quite confident in what is going to happen until then. There are us who believe in bitcoin as a general future coin and we know that it will survive no matter what. But there are a lot of people that look at bitcoin only for quick short-term profits and any news about some huge change and presumably split of the coins will make all these investors and businessmen just plainly panic. And we see it already now. Half a month before the 1st and the price is already falling, when the rest of people see that the price is falling they will sell as much as they can to get their lovely fiat money. Then just before the 1st the price will hit low, maybe 1500. That's the moment when you decide whether you take a risk and buy it hoping the split won't totally destroy bitcoin and we will go for 5000 maybe. Until very last days of July we will see it lower and lower and that's good for buyers.
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July 15, 2017, 11:29:23 AM
 #25

Will bitcoin go under 2000 dollars until august 1?
I'm planning on buying 1 whole bitcoin, but I don't have that much money. I only have 1950 around dollars.
Should I wait to buy a whole bitcoin or just buy 0.8 btc now?
I am afraid it may go under $2000 levels before august 1 as people are moving away from exchanges and probably securing their capital into fiats to buy back after aug 1st. They got reasons and this downfall is not due to any negative aspects of bitcoin ecosystem hence we must stay calm till aug 1st without going for panic selling.

I guess there could be strong physiological resistance will be possible round $2000 levels. If it holds then we may see temporary short term upward movements till $2300.


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July 15, 2017, 11:45:15 AM
 #26

if we see for the current price movement i have to says yes bitcoin will go under $2000 but just in case if i may to suggest that i think you have to wait a little longer and buying between date July 29 - 30 July because on those date maybe bitcoin will dropped to the bottom and your amount will be enough to buy 1 bitcoin or maybe you can buy more than 1 bitcoin with it

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July 15, 2017, 01:10:52 PM
 #27

People, don't fall for the fud that trolls are spreading on purposely to cause panic amongst doubting users. At this point literally no one knows what will happen, people here can only wildly speculate about potential outcomes. In general, if you want to be somewhat on the safer side when it comes to investing in Bitcoin, I would advice you to buy 50% at current levels, and keep the other 50% of your funds aside for when the price happens to tank deeper. As long as the price remains above the $2000 level, there is no reason for people to panic. Don't forget that this can also be seen as a shakeout. Large players know how to make the market look like a complete warzone in order to make coins from weak handed people flow into stronger hands. Remember - as long as you aren't selling, you don't lose anything. Smiley

What are you afraid of really?

Or do you have a sizable stash of bitcoins, and you now feel it with your skin how their dollar value vanishes? If this is no more than panic selling, you should be happy to buy bitcoins low and lower, right? Otherwise, I find it a bit hypocritical to tell people not to sell when you yourself don't know for sure whether the price won't crash. Personally, I was telling people to close their positions when the price had yet been over 2,500 dollars per coin (not so long ago), and this is what I did myself anyway

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July 15, 2017, 01:16:30 PM
 #28

It can dip below 2000 mark but for a short time. After August 1, it will rise again.

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July 15, 2017, 01:24:29 PM
 #29

This is indeed a bad thing. Bitcoin prices have a very high correction, many people are experiencing panic sell and then this causes a decrease in bitcoin prices. All the bitcoin markets in the world are experiencing uncertainty. Many investors are also frightened and withdraw their money to the USD. This is unexpected, after everything went well for the last 2 months and finally the bitcoin price decreased

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July 15, 2017, 01:32:15 PM
 #30

if we see for the current price movement i have to says yes bitcoin will go under $2000 but just in case if i may to suggest that i think you have to wait a little longer and buying between date July 29 - 30 July because on those date maybe bitcoin will dropped to the bottom and your amount will be enough to buy 1 bitcoin or maybe you can buy more than 1 bitcoin with it

I checked the bitcoin price in preev and value for one bitcoin is around 2040$. I didn't expect this price fork. If this goes like that no one will hold the bitcoins. All the people will move towards ETH and other alts which is good for investment. Seriously fear about August 1st. I personally don't this to happen.

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July 15, 2017, 01:54:36 PM
 #31

Will bitcoin go under 2000 dollars until august 1?
I'm planning on buying 1 whole bitcoin, but I don't have that much money. I only have 1950 around dollars.
Should I wait to buy a whole bitcoin or just buy 0.8 btc now?

The bitcoin price ranges from $2015 to 2045 in the different exchanges with a drop of +$500 in one week so yeah... - $2000 seems possible in the next hours or days

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July 15, 2017, 01:54:42 PM
 #32

Just wait for August 1 don't waste any single cents. Sad to say but it seems we can see lower than $2000 earlier than that date. Today 24H low on bitstamp was $2005, almost touching under $2K. So it's better if you will just wait for Aug 1 if you want to buy at a cheaper price.
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July 15, 2017, 02:12:03 PM
 #33

Just wait for August 1 don't waste any single cents. Sad to say but it seems we can see lower than $2000 earlier than that date. Today 24H low on bitstamp was $2005, almost touching under $2K. So it's better if you will just wait for Aug 1 if you want to buy at a cheaper price.

Looks like people are withdrawing money from bitcoins, panic selling or just a strategy to sell now and buy later while it's cheaper I don't know, but I think we will see bitcoin price under 2000$ mark.
August 1 is just a date, and its just one day, for us to see changes time needs to pass. Week or month, maybe more I can't give some accurate prediction cause I'm not some expert, but I sincerely doubt that everything can happen in just one day and in next day to see price back on 3000$. Patience my dear friends is what we need now, waiting and observing the situation, like last year maybe we will see results in October, November, and that is 4 months from now.

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July 15, 2017, 02:22:24 PM
 #34

Its now below $1980. Its falling due to lack of support. Lets buy now.people and stop selling.

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July 15, 2017, 02:23:51 PM
 #35

I just made another buy and will keep doing it for i want to accumulate bitcoin and i will not do panic selling.

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July 15, 2017, 02:38:03 PM
 #36

Well, I didn't thought we would be visiting sub $2000 levels, but we did. It's quite tempting to buy myself a few coins, but won't do so yet. Now the price has taken a dive under $2000, I think we may very well go down a notch or two more in the coming days. I will start buying back some of my recently sold +$2400 coins if we happen to dive under the $1800 level. I did well in not buying back at low $2000's. Remaining conservative can definitely help out in certain situations. Smiley

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July 15, 2017, 03:08:31 PM
 #37

This is exactly my point but in all sincerity, its actually a difficult thing to do at this time considering the panic that have ravage the space and I must say the confidence level is really dropping among people who have initially promised to hold still
Nothing is easy, but I seriously don't understand why anyone would ever want to sell at a loss if they don't have to. Yes, the price is going down, and the forum nearly explodes with 1st of August threads, but this is something they should have seen coming. If people choose to invest in something, they have to properly understand what they are investing in, and also understand that certain upcoming events may cause the market to turn into a temporary bear hole. If people get upset right now, then it shows that they were aiming at a lucky shot.

Or do you have a sizable stash of bitcoins, and you now feel it with your skin how their dollar value vanishes?
I do have a fair bit of coins, and no I am not caring about any sort of short term decrease in terms of fiat value.

If this is no more than panic selling, you should be happy to buy bitcoins low and lower, right?
That's exactly what I am doing.

Personally, I was telling people to close their positions when the price had yet been over 2,500 dollars per coin (not so long ago), and this is what I did myself anyway
You did the right thing. My main point is that people shouldn't be selling their coins in current state at a loss, while they could have done their selling at far higher levels before. If you didn't sell back then, then just suck it up, and don't sell now. Instead, use current levels to increase your coin count, and as result, decrease your overall buying price.

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July 15, 2017, 03:08:45 PM
 #38

Well, I didn't thought we would be visiting sub $2000 levels, but we did. It's quite tempting to buy myself a few coins, but won't do so yet. Now the price has taken a dive under $2000, I think we may very well go down a notch or two more in the coming days. I will start buying back some of my recently sold +$2400 coins if we happen to dive under the $1800 level. I did well in not buying back at low $2000's. Remaining conservative can definitely help out in certain situations. Smiley
The price still stands at 2000USD, and now the price seems to have started to rise again. So we will not get the price below 2000USD for some time to come. The bitcoin price reduction crisis is over, now we have to start over to see the better bitcoin price movement. Buy bitcoin and we will benefit in the future.

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July 15, 2017, 03:21:33 PM
 #39

We can't be too sure yet if it will go down more then $2000 but mind you, bitcoins price as we speak is at $2004 so if you know how to read the charts then you'll probably know if it'll go down more. I myself am not an expert on reading charts yet and have been constantly studying its fundamentals. Just set a traget price then if you really want to buy bitcoin with the money you have.

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July 15, 2017, 03:25:54 PM
 #40

The price still stands at 2000USD, and now the price seems to have started to rise again. So we will not get the price below 2000USD for some time to come. The bitcoin price reduction crisis is over, now we have to start over to see the better bitcoin price movement. Buy bitcoin and we will benefit in the future.

That happens because the price gets bought up by those that were waiting for the right moment to enter the market. I think you're too quickly assuming that the 'crisis' is over, while things aren't over until SegWit is finally up and running (hopefully not with a fork as result). A potential fork, that's where the major part of this panic comes from. 21 July is the date (if things don't change) miners will/can start signalling SegWit2X support, which means that from that day things start to get serious. As you see, there is still nearly a week to go before we see how the official SegWit2X signalling plays out.

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