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jyotianand01 (OP)
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July 16, 2017, 03:27:16 PM |
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BTC is making new lows every hour, any one guess the next solid support for BTC or it will drop upto 1st august and make new low every day
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mudiko
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July 16, 2017, 03:30:43 PM |
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In my opinion, 1st August has nothing to do with the current drop. The current drop is based on balancing the last pump. I don't believe that Bitcoin can keep falling sharply for a long time and for Bitcoin support points are non-existing, because it is based on usage and prejudice.
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YIz
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July 16, 2017, 03:32:00 PM |
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BTC is making new lows every hour, any one guess the next solid support for BTC or it will drop upto 1st august and make new low every day
"New lows every hour" - bitcoin is up 200% this year. |
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SparkyU
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July 16, 2017, 03:42:46 PM |
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"New lows every hour" - bitcoin is up 200% this year.
He's obviously speaking relative to ATH... |
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speakoo
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July 16, 2017, 03:52:09 PM |
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In my opinion, 1st August has nothing to do with the current drop. The current drop is based on balancing the last pump. I don't believe that Bitcoin can keep falling sharply for a long time and for Bitcoin support points are non-existing, because it is based on usage and prejudice.
I totally agree with you , it's just a market adjustment, BTC can't be pumbed for ever, pump and dump , again and again . |
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danherbias07
Legendary
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Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
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July 16, 2017, 03:55:52 PM |
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In my opinion, 1st August has nothing to do with the current drop. The current drop is based on balancing the last pump. I don't believe that Bitcoin can keep falling sharply for a long time and for Bitcoin support points are non-existing, because it is based on usage and prejudice.
I totally agree with you , it's just a market adjustment, BTC can't be pumbed for ever, pump and dump , again and again . How can you both say that when you see there have been users who are now panicking? Or you didn't even read their screams at all? They are about the price drop and now withdrawing one by one. Even if they are holding just 2 BTC per user if there is a lot of them who will do it then we will feel it with the bitcoin price. Corrections you say? That is not even in the dictionary of bitcoin before and I say there is no such thing. Bitcoin price depends on the buy and sell and that is it. There is no correct price for bitcoin and does not need to be corrected. |
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shams
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July 16, 2017, 03:55:59 PM |
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1800$ is a very strong support level for btc and from last few hour btc is testing this support level. I hope it survive above 1800$ otherwise I can see btc going towards 1200$ level. The main thing is when panic selling is going on no support level works because most of the people are selling BTC will remain in downtrend till 1 August after that I hope it get stable to one position than start the bull trend normally.
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Keihatsu
Full Member
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Activity: 224
Merit: 100
crypto revolution
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July 16, 2017, 05:20:28 PM |
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Down to $1250 then up to $12,000.
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faith in authority is the enemy of the truth.
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Lupin13
Member
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Activity: 67
Merit: 10
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July 16, 2017, 05:27:17 PM |
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[/b]00.msg20171078#msg20171078 date=1500219043]
In my opinion, 1st August has nothing to do with the current drop. The current drop is based on balancing the last pump. I don't believe that Bitcoin can keep falling sharply for a long time and for Bitcoin support points are non-existing, because it is based on usage and prejudice.
Yes you're right sir! It cannot be permanent. Bitcoin is continously developing.There are times that it waa pump and sometimes it will dump. This coming August, many users are going panic. They sell their bitcoins, and seriously it can affect the price of it. |
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nogoodcoin
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July 16, 2017, 06:38:42 PM |
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It dropped a lot these few days, I think we can sell it to fiat, after 1st August, choose a proper time to buy in again.
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miningnew
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July 16, 2017, 06:50:18 PM |
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It dropped a lot these few days, I think we can sell it to fiat, after 1st August, choose a proper time to buy in again.
After 1st August ? You shouldn't buy after, but before ... like 1 - 2 days before 1st August. But the rumor, sell the news ... |
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staceyoh
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July 16, 2017, 10:22:30 PM |
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I think the current drop of bitcoin and August 1st
has nothing to do with each other, in fact it is now
a good time to buy bitcoin.
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JeffBrad12
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July 16, 2017, 11:05:27 PM |
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It dropped a lot these few days, I think we can sell it to fiat, after 1st August, choose a proper time to buy in again.
After 1st August ? You shouldn't buy after, but before ... like 1 - 2 days before 1st August. But the rumor, sell the news ... I think so, but you must remember if that can be a thing that has involved a high risk. no one knows what will happen with the bitcoin in the future. I mean you are betting on the hardfork of bitcoin. But what will happen if the chain gets split and that makes the price of bitcoin should go down below your prediction? I think you're betting on the something that related to the full speculation.  |
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mcman
Newbie
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Activity: 36
Merit: 0
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July 16, 2017, 11:07:07 PM |
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People will see the fork risks is all FUD and bitcoin will hit a new all time high again sometime in August or September.
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Helios45
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July 17, 2017, 01:52:22 AM |
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It dropped a lot these few days, I think we can sell it to fiat, after 1st August, choose a proper time to buy in again.
That's exactly what I'm contemplating to do, I fell like it won't go past $2,000 before the end of July so might be a good timing to sell and buy again 2 or 3 days before August 1st |
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glynbueso
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July 17, 2017, 06:56:21 AM |
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I don´t have a clear target. I think the BTC will raise the $3.000 in the next month.
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amskas
Newbie
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Activity: 27
Merit: 0
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July 17, 2017, 07:04:50 AM |
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I firmly believe this is an orchestrated event. It happens everytime the price rockets and drops and it's going to happen for the next 10 years. There's a lot of money to be made in getting the prices to the bottom until the point where the compression is so tight and they declare all fine and well when Segwit is implemented that the next boom comes riding the new and improved BTC. They want you to be afraid. They want you to sell. When the bottom comes, the stupid money is to afraid to get back in. That's when they collect the cheap coins. A few months down the line stupid money gets back in on top and the entire process repeats itself. And you're going to want to be there for that boom. Forget what they tell you in the news. It's all manipulated.
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tonlong
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July 17, 2017, 07:23:06 AM |
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If you are a bitcoin user, what is important for you to do at this point in time is to make sure you have a private key for your bitcoins.
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shamzblueworld
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July 17, 2017, 07:38:50 AM |
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BTC is making new lows every hour, any one guess the next solid support for BTC or it will drop upto 1st august and make new low every day
Yes, it may keep dropping till August 1, and what happens afterwards, may depend upon what happens with segwit, if hard fork does not occur, we may see newer highs, pumps that have not been seen before. But if the segwit does happen, well then it will be an interesting case. |
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ramahero01
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July 17, 2017, 08:11:20 AM |
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until August 1, bitcoin will continue to go down. After that what's there will be a renewal. What a lot of investors. by selling the first BTC by taking the moment 1 August in order to price BTC plummeted and his forwards could take the BTC at low prices. It all became intrigued many people
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