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Author Topic: The real crash starts after Aug 1st  (Read 14550 times)
shade_wrath
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July 16, 2017, 08:39:35 AM
 #41

It will fall and fall it shall! So that it can rise higher and break shackles.
Go with your gut feeling guys, always remember never ever sell at loss, unless you are on death bed and you need money to get operated. In that case I will think twice.  Grin Wink
We all know crypto is unpredictable but actually its not .. money flow decides the fate here .. the risk are higher than FD's and lower than share markets that how I see it. But so are the rewards.

Whales they like money and money is what they want. Dump = Pump, so brace for the coming Tsunami and ride the tide stronger  Wink coz whales cannot hold their fiat and will invest in Crypto again.

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FractalUniverse
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July 16, 2017, 09:09:44 AM
 #42

Whales will accumulate more only if they are able to keep price down long enough, at least until order books are filled with enough cheaper coins.
But if they are dumping  only with accumulating more BTCs in mind, it can turn against them. Not everyone selling will be able to buy all back below his selling price.
And if one whale big enough decides there is enough cheap bitcoins listed on orderbook, it can clear buy it all fast, and others will have to buy higher.

I would love it if they push it to 1000-1500 range so i can buy a lot, but i dont think it will be that easy to buy near the bottom
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July 16, 2017, 09:23:17 AM
 #43

Why the crash should starts after 1st of August?   Huh Huh

I think will be exactly the opposite, and after this storm, there will be a strong (but maybe slow) growth of the market.
waynechong1995
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July 16, 2017, 10:39:38 AM
 #44

BTC will definitely recover after Aug, not for ETH i guess?

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July 16, 2017, 12:33:08 PM
 #45

sell now before no one buying your coin, omg this is just begining of the crash, i cant imagine how this will go after 1 august, omg i must sell all my coin...everybody need to sell their coin..

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Kenny001
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July 16, 2017, 01:20:27 PM
 #46

sell now before no one buying your coin, omg this is just begining of the crash, i cant imagine how this will go after 1 august, omg i must sell all my coin...everybody need to sell their coin..

Wrong, i will buy your coin.

Sell them to me!
furylmz
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July 16, 2017, 01:29:04 PM
 #47

Why the crash should starts after 1st of August?   Huh Huh

I think will be exactly the opposite, and after this storm, there will be a strong (but maybe slow) growth of the market.

I think crypto will get stronger.If you have the money,buy the coins Cheesy
Dark_Element (OP)
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July 16, 2017, 04:59:48 PM
 #48


1st bounce off $1820's (already, wow).

Watching to see if it takes the traditional 3 hits to break it.

-DE
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July 16, 2017, 05:55:58 PM
 #49

sell now before no one buying your coin, omg this is just begining of the crash, i cant imagine how this will go after 1 august, omg i must sell all my coin...everybody need to sell their coin..

Yes sell all your coin so that someone can get it and store it for a long time. Bitcoin will recover soon and what you gonna do then? But again? You should have hold on your bitcoin and not sell or panic so that at the end of everything, when bitcoin price rebound, you will see profit. If you panic just like that and sell, you will miss a lot of opportunity to earn in the future.

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miningnew
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July 16, 2017, 06:01:47 PM
 #50

Interesting discussion. The fact that it crashed after 1st August might be possible.
However, you don't lose anything till you sell. It can dump to $1, I will not sell a dim.
Holding is always the best strategy. Wait & See. I will wait 10 years if I need too.
shade_wrath
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July 17, 2017, 01:31:57 AM
 #51

I think market will rocket again till BTC 2500 and ETH 230 so that whales can cash out at high level after getting them at 20-50% discount yesterday .. So chances are high that it will be followed by major crash in July last week and August ... thereafter rocket again as investors retain faith  Smiley

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Ahimoth
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July 17, 2017, 02:27:16 AM
 #52

FUD will likely to grow,
Uncertain is ahead.

There may be a drop but I expect that it would recover.
Once dropping then catching is the best.

And that recovering stage is anticipated by many. Like always happened in cryptocurrency, when there's a dumps there will be pumps.
And this major dump will soon be recover, maybe not easily but it will slowly rising over time. Those who trust cryptocurrency will remain holding and some does not will panic and sell.
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July 17, 2017, 03:41:39 AM
 #53

what about a win-win game with big boys?


Impossible... it's a zero sum game.
Only so much cash backstopping a market. They gotta get retail cash in, and then take it away.

This is such a gem for them because you have two entire generations that don't trust stocks, and are investing in coins like previous generations did with stocks.

Boomers are finished, but it's their money which bankrolls the whales. They want a return on investment and the money houses will go wherever they have to.
Gen-X is a transitional generation and has the least amount of money in the coin market (their resources are still locked in the stock market, trying to recover from two crashes).
Millennials are the drivers of the coin market and are invested heavily. They missed the dot.com crash, but were old enough to witness it and distrust stocks (plus 2008 reinforced that viewpoint).
Gen-Z isn't old enough to really understand the one crash they lived thru (2008), and are still young and optimistic (and are buying coins).

New name, same game.

-DE


Interesting view on the 4 Generations and each gens logic. I think it's true.
From DE's standpoint, who I presume has seen several market cycles, the market indeed shows no mercy.


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Dark_Element (OP)
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July 19, 2017, 05:16:08 PM
 #54

Ready for the next leg?

The Muppet Dominoes are setup again....

-DE
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July 19, 2017, 06:33:56 PM
 #55

I think market will rocket again till BTC 2500 and ETH 230 so that whales can cash out at high level after getting them at 20-50% discount yesterday .. So chances are high that it will be followed by major crash in July last week and August ... thereafter rocket again as investors retain faith  Smiley
I scared the market increasing before nearest BIP148 signaling and deathline SegWit2x, maybe Bitcoin will become to LTC Segwit version 2.0 and breakdown as LTC. But not like LTC, when Bitcoin breakdown the cryptocurrency will breakdown too and we can see a happens bloodbath really

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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July 19, 2017, 06:59:51 PM
 #56

Buy the runor, sell the news


Basically, everything that may happen on the 1st of august will hapen BEFORE.

Take your bets NOW (up or down)
amaral1977
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July 19, 2017, 07:28:51 PM
 #57

FUD. the hopes for 500$ BTC after August 1st are fading as it is becoming more clear that the CENTRALIZED miners are agreeing that Segwit is good. AS we aproach July 21st and all goes well the hopes for 500$ bTC will dye. Anyway just throw what ever you can at that price, and if that happens be rich

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July 19, 2017, 08:30:49 PM
 #58

If bitcoin crash after august 1 I will buy more because I earn for sure a lot of profit because for sure it will recover again. But in my prediction or speculation after august 1 th eprice maybe will increase becayse theres no doubt in the investor so many people buy again more bitcoin and the effect its a boom the price  it will increase more than the current price and I believe the price will be 3000 dollars in the month of august.
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July 19, 2017, 09:59:04 PM
 #59

The hopes are dreams are getting ripe again.....

It means we're going down....

I pretty much top ticked it when I posted "Muppet Dominoes are set up" earlier.

-DE
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July 19, 2017, 11:53:00 PM
 #60

If bitcoin crash after august 1 I will buy more because I earn for sure a lot of profit because for sure it will recover again. But in my prediction or speculation after august 1 th eprice maybe will increase becayse theres no doubt in the investor so many people buy again more bitcoin and the effect its a boom the price  it will increase more than the current price and I believe the price will be 3000 dollars in the month of august.
This is what Im thinking though price after august may increase . As we can observe right now  it starting to recover again. Yes I believe price will be more than 3000$ this year  hoping it would be because for sure all of us may benefited if this will happen.
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