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Author Topic: Crypto Crypto on the wall, how far will you take this fall?  (Read 572 times)
Bitcoin.Optimist (OP)
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July 15, 2017, 07:54:46 PM
 #1

https://medium.com/@bitcoinoptimist/crypto-crypto-on-the-wall-how-far-will-you-take-this-fall-33148b4c4872
omonuyak
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July 15, 2017, 08:33:10 PM
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This is really season of felling for all cryptocurrency! Bitcoin has form a great support at $2,000 and if the coins fell below $2,000 then we should expect that the worst has happened because the price might be no any way to come out. The hard forks issues is getting ticking and as a trader we most keep our eyes of the market as the events unfolding.
omonuyak
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July 17, 2017, 07:59:16 AM
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I think we should buying now as most of them has fell back over 30% within 7 days. The market capitalization has fell over 50% and it may still continue! But the major which is bitcoin has find strong support level at $2,000 as the market try to maintain $2000 for the past 2 days. Currently the price is above $2,056 and I think the dump is over.
davis196
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July 17, 2017, 11:52:28 AM
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I think we should buying now as most of them has fell back over 30% within 7 days. The market capitalization has fell over 50% and it may still continue! But the major which is bitcoin has find strong support level at $2,000 as the market try to maintain $2000 for the past 2 days. Currently the price is above $2,056 and I think the dump is over.


The dump isn`t over.There are two weeks left until August.
I can`t imagine the panic around the end of July.All the bitcoin trading or perhaps all the crypto trading would stop and freeze for a few days.All the altcoins are tied together with bitcoin and there is no safe heaven for
the cryptotraders exept fiat,unfortunately. Sad

Denker
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July 17, 2017, 11:59:56 AM
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I think we should buying now as most of them has fell back over 30% within 7 days. The market capitalization has fell over 50% and it may still continue! But the major which is bitcoin has find strong support level at $2,000 as the market try to maintain $2000 for the past 2 days. Currently the price is above $2,056 and I think the dump is over.


The dump isn`t over.There are two weeks left until August.
I can`t imagine the panic around the end of July.All the bitcoin trading or perhaps all the crypto trading would stop and freeze for a few days.All the altcoins are tied together with bitcoin and there is no safe heaven for
the cryptotraders exept fiat,unfortunately. Sad

Yes 2 weeks until August that's right.However miners will have to Signal much earlier.
And they are doing this already. Bixin, Bitclub, Antpool and few more have announced or shown that they will run SegWit2x from now or have signaled BIP91! This doesn't mean the price can't decrease again, however the big drama imo is over.
21st to 26th at the latest, miners have to start signaling BIP91! Otherwise they risk BIP148 to get activated what they all want to avoid to safe face, as this is the only reason why SegWit2x exists.

https://twitter.com/BITMAINtech/status/886839997440995328

DaMut
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July 17, 2017, 01:48:03 PM
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I think we should buying now as most of them has fell back over 30% within 7 days. The market capitalization has fell over 50% and it may still continue! But the major which is bitcoin has find strong support level at $2,000 as the market try to maintain $2000 for the past 2 days. Currently the price is above $2,056 and I think the dump is over.


The dump isn`t over.There are two weeks left until August.
I can`t imagine the panic around the end of July.All the bitcoin trading or perhaps all the crypto trading would stop and freeze for a few days.All the altcoins are tied together with bitcoin and there is no safe heaven for
the cryptotraders exept fiat,unfortunately. Sad

indeed we will see another down in the coming week,
but does not mean everybody will panic because of it,and in my opinion we can see Bitcoin around 1700-1800$ in the third weeks after 1 August Bitcoin will retracing back to his place,but it'll take 3 month or more because i heard an issue there'll be another Bitcoin after splitting like ETH did back than and created ETC from chain split.
Plus because of that many people believe in it and holding it in their wallet (Blockchain wallet and most of them Offline wallet).Market cap decreasing each day because many people saving their money in their pocket and not many doing a daily trading waiting for confirmation about what will happen in the future.

For me,it's just another drama and i liked watching this movie,
xIIImaL
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July 17, 2017, 04:29:21 PM
 #7

I think we should buying now as most of them has fell back over 30% within 7 days. The market capitalization has fell over 50% and it may still continue! But the major which is bitcoin has find strong support level at $2,000 as the market try to maintain $2000 for the past 2 days. Currently the price is above $2,056 and I think the dump is over.


There are many thread speaks about August 1st. I hope your point will work better. Anyone invest on bitcoin and buy it as much we can and sell it on upcoming Christmas time.  if you enough btc in the wallet just hold it some months.
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