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Question: How low will Bitcoin go before August 1?  (Voting closed: July 30, 2017, 12:37:36 AM)
Around $2,000 - 18 (22.2%)
Around $1,800 - 9 (11.1%)
Around $1,500 - 18 (22.2%)
Around $1,000 - 6 (7.4%)
Below $1,000 - 5 (6.2%)
Above $2,500 going to the moon - 25 (30.9%)
Total Voters: 81

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Author Topic: Bitcoin Price Level by August 1  (Read 3594 times)
richardsNY
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July 12, 2017, 06:50:41 PM
 #21

It's quite difficult to choose since literally everything is possible. If I am forcing myself to choose, I will go for the sub $2000 option as I believe that certain whales will make use of people's fear regarding a fork, and thus attempt to crash the price down. More precisely -- I will go for the [around $1500] option. I am prepared for this situation by having a decent chunk of fiat sitting in my exchange account right now.

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July 12, 2017, 06:52:03 PM
 #22

the results of august 1 still not determined yet so most people will have different option with different thought and me as bitcoin users expect the best results after surpassing that date and my vote is above $2,500 going to the moon and in the end of year maybe bitcoin will throughout $3500

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July 12, 2017, 07:01:58 PM
 #23

This is THE great upcoming mystery. There are so many variables. Regardless of whether the outcome is positive, traders are going to play scare tactics so I vote for $1000-1500 ish.

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July 12, 2017, 07:32:13 PM
 #24

It would be an extremely funny outcome that while a lot people here think the price will go down significantly, the price goes the opposite direction by a huge margin.

People having sold their coins to enlarge their fiat positions will have to suck it up and accept their defeat, where others will buy back their coins at higher levels.

It's impossible to completely read out all the potential scenarios, which is why I went for around $2000 to be more or less on the safe side.

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July 12, 2017, 08:25:11 PM
 #25

This is THE great upcoming mystery. There are so many variables. Regardless of whether the outcome is positive, traders are going to play scare tactics so I vote for $1000-1500 ish.
if the price even after so much uncertainty and panic condition trading so much stable then how can the price will decrease, i think it will continue increasing and will trading above 3000$ even before 1st August. i am sure that 1st August will no such bad effect on bitcoin price.
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July 13, 2017, 06:42:57 AM
 #26

I would love to see Bitcoin go above 2,500 before August 1st, or even after August 1

As of now, there are more of us voting for 2500 to the moon

 Grin

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July 13, 2017, 07:16:55 AM
 #27

People having sold their coins to enlarge their fiat positions will have to suck it up and accept their defeat, where others will buy back their coins at higher levels.

I think the latter mentioned scenario will be the likely outcome, as no one wants to be left behind at the time the price starts rushing up. I must however note that I do understand why people want to liquidate a part of their Bitcoin holdings. It's all about lowering their overall risk exposure. If you look at the sentiment of people here regarding the 1st of August, some sort of a reverse hype (negative meaning) has been created. People just assume that the markets will tank big time, while there is no hard proof or anything to back it up, it's all speculation. I honestly believe that the chances for the price to go down, are more or less equal to the chances for the price to go up. In that regard, I do expect large price swings between the $2000-$3000 level, until its clear how we have done in terms of the activation of Segwit.

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July 14, 2017, 04:24:47 AM
 #28

Cast your vote people and share with us what you think. We are a community and this way we would know what the majority is thinking.
I vote $ 1,800. I'm sure before August 1st the price will continue to fall and will probably drop to $ 1,800 even more. And I think the peak is on August 1st. But after a few months if all this works out I'm sure the price will go far above $ 3,000. Most importantly we remain calm and do not panic selling. We must remain confident if bitcoin will continue growing and profitable.
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July 14, 2017, 04:36:40 AM
 #29

from the options you provided in this poll i could only see the last one happening ($2500 and then moon) although it is not the best in general.
because first i believe we can get SegWit by that date finally and that can cause a rise. and also on top of that if you think about this date, it is the risk of a split and ending up with 2 coins on 2 markets and even if price falls on both chains it still means twice the profit on shorting and that can be the incentive to buy more coins as we get closer to that date and cause a rise in price.
and then by the date we either will get SegWit and price goes up or BIP148 fails as many predict and price rises since the risk of chain split is no more!

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July 14, 2017, 04:50:34 AM
 #30

Cast your vote people and share with us what you think. We are a community and this way we would know what the majority is thinking.

I can say generally that price will not go back to below $1,000. And it's obvious that we can expect a price crash during that time.

That's why I never worried to those on going circulation about bitcoin price crash as I have some reasons to believe that it will increase again. We are talking about long term here and soon the price will recover and will get back again to shine the stage.

Im excited instead rather than being worried.

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July 14, 2017, 07:17:45 AM
 #31

Above $2,500 going to the moon is gaining its lead now. Cast your votes people and lets see

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July 14, 2017, 12:13:51 PM
 #32

Above $2,500 going to the moon is gaining its lead now. Cast your votes people and lets see

it is gaining lead,while the price is getting lower and lower the closer we are to the 1st of August
probably the ones voting 2500+ are the ones who HODL  Grin
there is no reason for it to go to the moon,realistically,BUT it is higly likely if the fork goes ok and we have an economically dominating coin
this could get the price skyrocketing,but definitely not before the split

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July 14, 2017, 12:57:21 PM
 #33

Above $2,500 going to the moon is gaining its lead now. Cast your votes people and lets see

it is gaining lead,while the price is getting lower and lower the closer we are to the 1st of August
probably the ones voting 2500+ are the ones who HODL  Grin
there is no reason for it to go to the moon,realistically,BUT it is higly likely if the fork goes ok and we have an economically dominating coin
this could get the price skyrocketing,but definitely not before the split

take note that July 21 will be the date for the code insertion and after that date then most likely we will know the update of probability of success

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July 14, 2017, 01:12:20 PM
 #34

Above $2,500 going to the moon is gaining its lead now. Cast your votes people and lets see
Will not be this price. I'm sure that the price will decline. Now generally the best option is to stand and do nothing. If someone has spare money you can buy coins when the price is below $ 2000. A reboot is a good time for speculation.

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July 14, 2017, 01:17:36 PM
 #35

It will be in the range 2100 - 2350, then Will fall 10/20% and then up again till the end of the year, when mass will kick in

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July 14, 2017, 02:10:30 PM
 #36

Above $2,500 going to the moon is gaining its lead now. Cast your votes people and lets see

it is gaining lead,while the price is getting lower and lower the closer we are to the 1st of August
probably the ones voting 2500+ are the ones who HODL  Grin
there is no reason for it to go to the moon,realistically,BUT it is higly likely if the fork goes ok and we have an economically dominating coin
this could get the price skyrocketing,but definitely not before the split

those who HODL usually don't even care about the price on August 1 despite being concerned about the result. they care about price on August 1s of 2030 and above.

and those who vote $2500 are probably doing it because a split is unlikely which means the chances of a rise becomes higher if that date comes and goes without a split happening. there probably will be a sharp rise with a long green candle on the chart because of FOMO

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July 14, 2017, 06:08:06 PM
 #37

I think the price will stay around 2K, a big psychological level...

But there might be a "flash crash" lower maybe even to 1500-1600 but it will recover as fast as it went down

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July 14, 2017, 06:36:52 PM
 #38

I voted for the price of 1800. It seems to me that the panic will reach a high level and this will negatively affect the price of bitcoin. But, I'm waiting for this moment to buy even more coins

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July 14, 2017, 09:20:43 PM
 #39

I voted for the price of 1800. It seems to me that the panic will reach a high level and this will negatively affect the price of bitcoin. But, I'm waiting for this moment to buy even more coins
I completely agree with you, it will be a very correct tactic for many users of crypto-currencies. This will be one of the chances when we will be able to lose our coins and have not suffered much.

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July 15, 2017, 04:26:24 AM
 #40

I have voted for above $2500 price of Bitcoin as i think as now the price will drop and the real traders will start to buy and in the end of this month we will see the price going back above $2500 price before August 1st

That is quite possible but looking at the mode of the market right now many buyers are waiting for what can happen on and after August 1. Normally, if there would be a significant dip of Bitcoin value there would be group of buyers who can snap back Bitcoin and the price can slowly go up again. But this time this is not happening that is the decline is getting to be steady and we still have around 15 days before anything can be activated on Bitcoin.

People are looking at these facts and reality so they decided to convert their Bitcoin into altcoins or fiat money which in turn feed the frenzy for the continual drop of Bitcoin price over all exchanges.

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