Holy crap we're going to crash through $1900!

[beneath time]

Woke up this morning to the craziest dip in a while. Was high time a correction like this happened. Aug 1 might be a blessing in disguise, getting all of this speculation money out of BTC and bringing it to a value that is in line with the technology. I'm predicting we drop below $1900 in the next few hours. Who knows how low it will go before Aug 1!!

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[spiderbrain]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

[DollaHolla]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

People get used to the short term haha

[OmegaStarScream]

The smart people will be buying now and continue to hodl as everyone is dumping while the weakhands will be leaving the crypto scene so It's a win in all cases for the real bitcoiners (on the long term).

[beneath time]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

Fair point. I've been following Bitcoin since 2013, but I can't help but get excited about cheap prices. It's like your favourite store having its annual sale. 

[boyptc]

Woke up this morning to the craziest dip in a while. Was high time a correction like this happened. Aug 1 might be a blessing in disguise, getting all of this speculation money out of BTC and bringing it to a value that is in line with the technology. I'm predicting we drop below $1900 in the next few hours. Who knows how low it will go before Aug 1!!

Craziest dip? No it isn't there's more to come. And it can possibly going to take any longer but there's one thing that I'm sure of. Bitcoin will rise and it will be skyrocketing after this dip. Look on how big the price fell for sure there is going to be another blast once everything is activated and good to go now. Ride now the hype of buying at low price.

[automobile]

Yep! Keep it! Till it reaches the ground!

[lizardbtc]

It wouldn't surprise me if it went down till like 1k$ and even lower. Panic sellers are doing their game now, just wait and watch. I am still highly positive for the long run we might even see the SegWit2x to get activated, what will happen then? Price will just go up. But as with everything in life people who bought for higher price want to get out since they lost hope but at end what matters is the long run. You can't expect the price to flip over night when there is uncertainty about the bitcoin and when some exchanges won't allow deposits and withdraws for bitcoin after 1st of August. We could except this to happen to be honest.

[lost_in_base]

We have 14 days to wait while 50-100USD down per day.

Meet you at 700USD!

[alyssa85]

We have 14 days to wait while 50-100USD down per day.

Meet you at 700USD!

Nah. I think there is a support at about $1700, and then also at $1500. Don't think it will get lower than that.

[darkangel11]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

People get used to the short term haha

So true. Last year in early Spring I was so fed up with bitcoin I left the forum for a couple months and didn't even look at the charts. I remember telling myself that I won't even touch it below $1000 and I'll be happy with anything above that level. I honestly didn't even notice as we passed through $2000 it was that fast. 

[pealr12]

Already secured some bitcoins and its ready for long term , im a believer i know bitcoin will go back again to its highest price  someday ,not this year but maybe next 2 yeara.

[PokerFace3]

The smart people will be buying now and continue to hodl as everyone is dumping while the weakhands will be leaving the crypto scene so It's a win in all cases for the real bitcoiners (on the long term).

I want to be a smart one but I am not having enough funds at the same time I not selling my coins too. I wonder there will be anyone will be leaving off cryptos completely due to this kind of dumps. If they look into history of bitcoin prices then they may get second thoughts as how prices manged from the dump of $1200 to $180 and then to $3000 levels.

I guess there will be hard days in coming weeks till aug 1st. Most probably I too may arrange few funds to buy some bitcoins with these lower levels to enjoy some quick profits in 15 days !

[pitiflin]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

I would say its basic human nature. When you like something and that something  goes the other way of people's wants they tend to freak out. A lot of this is to experienced by us in the near future, for people react like very childish and make unwanted decisions which would cause them consequences later on.

[Termin4tor]

Woke up this morning to the craziest dip in a while. Was high time a correction like this happened. Aug 1 might be a blessing in disguise, getting all of this speculation money out of BTC and bringing it to a value that is in line with the technology. I'm predicting we drop below $1900 in the next few hours. Who knows how low it will go before Aug 1!!

Well at the moment, bitcoin is facing a significant market correction and its something that occurs in the market when there is an upward movement in the price. The downward movement of the price is expected and all I could say is, its just reaching a sustainable price level after a period of too-rapid growth. At the same time the ICO hype regarding ethereum along with the tension on the activation of segwitx2 are some major reasons why the crash is occurring.

[mrcash02]

The smart people will be buying now and continue to hodl as everyone is dumping while the weakhands will be leaving the crypto scene so It's a win in all cases for the real bitcoiners (on the long term).

As the price doesn't stop dropping I think it's better to wait a bit more to buy Bitcoins, so we can enjoy maximum profit as possible. 

Thinking on long term profit we can buy anytime, but if we can increase our earnings at least on medium term, it's better to wait a bit more. Just don't forget to check CoinMarketcap often.

[BitHodler]

As the price doesn't stop dropping I think it's better to wait a bit more to buy Bitcoins, so we can enjoy maximum profit as possible. 

Thinking on long term profit we can buy anytime, but if we can increase our earnings at least on medium term, it's better to wait a bit more. Just don't forget to check CoinMarketcap often.

Buying can be done at any time, but the main point is that you should buy in smaller increments. If you time it right, you can buy all the way down.

The price never goes down in a straight line. It goes down, then gets bought up by those that were waiting to start buying, which repeats itself all the way till where the eventual bottom is.

This will allow people to increase their coin holdings while the price is heading down. I managed to gain almost 7% today by doing so. Right now it's waiting for another dive below $1900.

[BitcoinNewsMagazine]

I am expecting price to touch the weekly MA 20 then remain flat for several months in a trading range. Pros will be looking to buy cheap coins at the MA 20 ($1770).

[mrcash02]

As the price doesn't stop dropping I think it's better to wait a bit more to buy Bitcoins, so we can enjoy maximum profit as possible.  

Thinking on long term profit we can buy anytime, but if we can increase our earnings at least on medium term, it's better to wait a bit more. Just don't forget to check CoinMarketcap often.

Buying can be done at any time, but the main point is that you should buy in smaller increments. If you time it right, you can buy all the way down.

The price never goes down in a straight line. It goes down, then gets bought up by those that were waiting to start buying, which repeats itself all the way till where the eventual bottom is.

This will allow people to increase their coin holdings while the price is heading down. I managed to gain almost 7% today by doing so. Right now it's waiting for another dive below $1900.

Nice profit, but I think it's very risky for me to buy little amounts and manage it to make progressive profit every day with the small fluctuations. I prefer to buy at once and wait a big increasement in price to sell. I'm following the chart hoping to catch the right moment when the price will start increasing again without falls like now.

[LoyceV]

Being over $2000 is not normal for bitcoin. People surprised by this have short memories.

Just 2 months ago the current price was called high. Crypto always goes up and down like crazy, going up people panic-buy, going down people panic-sell. And after doing that for a while, people start just holding.