You lose only if you sell

[tigerwood0432]

Bitcoin resistance around 1814-1840 reached = STRONG support





If segwit2x activated and fully operational this weekend = back to 3,000 $ +++++


If not = hard fork = bitcoin will be traded around 900 $

What do you think ?

[lizardbtc]

Bitcoin resistance around 1814-1840 reached = STRONG

If segwit2x activated and fully operational this weekend = back to 3,000 $ +++++

If not = hard fork = bitcoin will be traded around 900 $

What do you think ?

Yes it can go back to like 3k$ but will take like 1-2weeks for that but slowly it should be. Hopefully miners know what are their doing - in case of the split miners won't like it same as the users . To be honest in case of a hard fork it can hit 900$, maybe even lower - depends for example if exchanges won't allow withdraws and deposits during this time which will mean that the only exit for people from exchanges is to sell the btc. To be honest I don't mind much as I am sure than in the future it will be worth 5k$ and even more (maybe will take a couple of years but I can wait that much).

I like your post title btw!

[CyberKuro]

I guess this is the end of "bitcoin price decreases", it won't decline any further than $1820. People know when to sell, and when the time to buy back because traders won't take so much risk to sell below that price. You are right, people will lose if they keep sell bitcoin instead of keep it due to bitcoin price already recover $100 within minutes and look at https://blockchain.info/unconfirmed-transactions, last time I checked it was 4K and right now over 12K, increase significant because sell and buy orders everywhere.
Hard fork will happen whether we like it or not, as devs team has stated it and advice us to secure our private key just in case.
Whether it will be segwit or segwit2x, only time will tell, just hope it will works smoothly and the price rise again.

[pawanjain]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

[Fishmaster23]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

It is very difficult to relax in this situation. I'm already afraid to look at the widget where the bitcoin price is visible. And despite the fact that I, too, believe that the price will recover, now I do not feel very well

[okissabam]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

True and this is on point, only newbies are panicking and are afraid of the gradual depreciating of bitcoin. It will still go down in the next couple of days so it is better to hold on to your bitcoins and just wait until the correction is done or the Segwit2x is done.

[TheGodFather]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

dont be panic, and then you will sell it. the only thing we must do is be patient. if we sell it now with a lower price i think we will not having a good profit or else we will have no profit for it. we all want to have a profit so therefore we will need to be patient and wait for it. because patience is virtues and patience is money right now.

[BrewMaster]

If not = hard fork = bitcoin will be traded around 900 $

i don't get it! why do people repeat "hard fork" what is this hard fork that everyone repeats!
there is no hard fork.
the only hard forks in bitcoin are :
BU: which didn't go anywhere and is the same low support as it always was
SegWit2x: which has a plan for a 2MB hard fork in the far far future. and it needs to activate SegWit first (by the end of this month) then start thinking about the second part.

[The Sceptical Chymist]

Yeah, and so what happens if you spend bitcoin like it was meant to be used--do you lose then?  I'm thinking there's no difference.

I don't believe in TA, but you're probably right OP.  There's some sort of support around $1800-$1900.  At least I hope so.  Looks like Goldman Sachs--or was it JP Morgan?--was right with their call, but we could drop further yet.  It's an interesting,  if nauseating,  market we're in.  But even in the $1800s we're still much higher than we were last year.

[Bagaji]

Well, all this is just happening as a result of panic of what the outcome of 1st August meeting would be. It is a great avenue for investors to buy more and hold pending when the price double again. There is a tendency that the  price will decline more before reaching strongest support.

[iram3130]

I think it is because of lack of education towards the segwit. Otherwise people wouldn't repeat and panic about HARDFORK. As far as I know an overwhelming support has already been given to segwit and there is no doubt in $3000 by Aug 15.

[CowboyKiller]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

True and this is on point, only newbies are panicking and are afraid of the gradual depreciating of bitcoin. It will still go down in the next couple of days so it is better to hold on to your bitcoins and just wait until the correction is done or the Segwit2x is done.

If want stop limit for want to buying Bitcoin with low price, you need stop at price $2900-$2300, at now very late and we not know the price can still falldown to $1500 or will bounce after breakdown to $1900. I agree hold now better than sell to FIAT or USDT, keep calm and patience not bad idea

[mobilezz]

The current price is $1900 and it is suffering from too many ups and downs. If we see carefully we can notice that over the pas few days the price of bitcoin is gradually decreasing. It will decrease even more because of the panic from Segwit2x and hard fork. Whatever happens bitcoin wont lose its value because there huge number of people all over the world who trade on bitcoin . Its just a temporary impact on its value and after the event has occured things will get back to normal and the price will gradually increase in some days. So no need to worry about anything. Just sit back and relax as the show gets over.

True and this is on point, only newbies are panicking and are afraid of the gradual depreciating of bitcoin. It will still go down in the next couple of days so it is better to hold on to your bitcoins and just wait until the correction is done or the Segwit2x is done.

If want stop limit for want to buying Bitcoin with low price, you need stop at price $2900-$2300, at now very late and we not know the price can still falldown to $1500 or will bounce after breakdown to $1900. I agree hold now better than sell to FIAT or USDT, keep calm and patience not bad idea

Keep calm in any situation. And in the current situation it is still necessary to be very careful and cautious. A lot of confusion now on the market. I think the best solution is to just wait and watch

[erikalui]

Segwit won't be activated so soon. There is still time and with hardfork coming in, people are panicking as they are mostly clueless about the reason and they feel their bitcoins won't be worth much after that and hence getting rid of their coins. The price is now $1930 and will drop further ($200-$300) but hope it doesn't reach $800 as then it'll be a major crash. Theymos has said to not store coins on 3rd party wallets and hence I decided to sell them as I don't have any online/offline wallet currently. I don't want to keep thinking about my coins later in August when the price would be even lower.

[amacar2]

If segwit2x activated and fully operational this weekend = back to 3,000 $ +++++


If not = hard fork = bitcoin will be traded around 900 $

What do you think ?

- You are right on this, price can easily recover to over $3000.

- Hard fork might not have negative impact on price after activation, all panic sellers will have no bitcoins in hand to dump near the date of segwit activation. They will be the one who will re-buy bitcoin at much higher price than at what they have sold.  

[maku]

Next days are crucial for the future of bitcoin, hold your coins or even buy some more.
BIP91 will start signaling on 21 July and its potential activation will happen on July 25.
In the interim, we have another scaling solution represented by BIP148 with the deadline set for 1 August.
And we cannot forget that the original Segwit proposal, BIP141, final deadline is 31 July, but we can already forget about it since it requires 95% threshold to pass.

[Rigorous]

"You lose only if you sell" - OP

There's also such a thing as the path of no return.

If it's dead it's dead, you've lost your opportunity. Don't be too comfortable thinking it will come back to life. It might, but there's no guarantee.

In Bitcoin's case, can you be 100% sure it will gain back trust after this moment of uncertainty? Big money will wait and see.

[zeze18]

If segwit2x activated and fully operational this weekend = back to 3,000 $ +++++


If not = hard fork = bitcoin will be traded around 900 $

What do you think ?

- You are right on this, price can easily recover to over $3000.

- Hard fork might not have negative impact on price after activation, all panic sellers will have no bitcoins in hand to dump near the date of segwit activation. They will be the one who will re-buy bitcoin at much higher price than at what they have sold.  

Indeed, for those who certainly have strong beliefs about bitcoin progress in the future, they dare to take risks by buying bitcoin at this time because bitcoin prices go down, but not a few who sell it for fear of bitcoin prices will continue to decline, with reasons to avoid big losses because Falling bitcoin price.

[HeRetiK]

Bitcoin resistance around 1814-1840 reached = STRONG support


If segwit2x activated and fully operational this weekend = back to 3,000 $ +++++


If not = hard fork = bitcoin will be traded around 900 $

What do you think ?

A hardfork may result in a short term blood path, but I'm pretty positive that one of the resulting Bitcoin networks will soon enough dominate the other, resulting in a recovering market. Just don't get caught on the wrong side of blockchain-history.

I also wouldn't be surprised by a silk-road-shutdown-like scenario: Short term panic, quickly followed by an upward bump because everyone already expected the worst but it actually didn't happen. (or as the saying goes: what if there's a crash but nobody sells?)

[dquancey]

Hard fork incoming and likely drop lower than $1800.

The resistance is there, but everyone has weak hands at the minute, especially from all the new money that came in at the top $2900+

Little bit more FUD on here and social media will see it go lower.