Will all coins continue to go down until 1st August?

[lakimens]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

[Aura]

Chances are big the price of alt coins will drop till 1 august because of the fear for a chain split.
Most coins seem to follow the trend of Bitcoin.
The admin of this forum posted a nice article about 1 august: https://bitcointalk.org/index.php?topic=2012799.0.

[niknik1966]

Time for holidays. People discard the bitcoins. In the autumn, it is likely to take off.

[KikloV]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

Not all coins are being dumped, however since the majority of altcoins are priced versed BTC.
The Lower BTC price goes verses fiat the lower the marketcaps of those altcoins go, even if no altcoins are sold.


 

[lakimens]

So what you're saying is that Bitcoin could crash HARD after Aug 1st, if not enough hash power is put into the new BIP 148?
Since everything is linked to Bitcoin, there's a chance for the whole cryptocurrency market to collapse on itself?

[hodlthedoor]

Everyone is sitting on their fiat currency waiting to buy up as much btc and altcoins as they can get their hands on when it bottoms out come aug 1.

The crypto world isnt going to collapse, its been through worse then this before, this is when the smart investors make money.

Bitcoin is going to come back up as always , any altcoins that have any value or a good idea behind them, will come back up. Like always.

Just wait it out and try not to panic.

[Robertqueen2]

All tokens are losing their values day by day, people are scared, panic sell on the market today, famous media are playing their roles.

[zeze18]

Of course today many of them are selling some of the coins they have at a relatively cheap price because their anxiety about bitcoin prices continues to decline. In my opinion not only the media who have a role in this case, of course, many parties who have contributed in it

[shams]

Bitcoin Segwit is going to happen on 1st August and because of that most the the coin are dumping and the reason is people are doing panic sell at this time I will recommend to stay away from the market and try to get the coin at the lowest level so you can get as much profit as possible when it will start raising again after 1st August.

[miningnew]

The question shouldn't be "will all coins ..." but "will bitcoin ... ".
I expect a lot of volatility from 25 July to 1st August. It could even rise during this period. After 1st August, I expect bitcoin to get back to $2000 and stay there till Septembre when everyone will be back from holidays.

[Bagaji]

Since bitcoin value is decreasing rapidly now, others coins  will definitely be affected negatively because bitcoin  is the strongest among all the crypto currency. And this is happening as a result of panic of the 1st August meeting as to whether bitcoin will split or  not.

[hughjays77]

Hard to give an answer! Maybe the best choice now is just forget about crypto for 1 month (if you are not interested in day trading or short term speculation).

[Phyton76]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

Also i guess it will continue because maybe a lot of investor is continue to selling there coin in the market so i guess thats the reason of continues going down of the market value pf the coin amd it will continue to go down in august 1 but i guess the segwit will be successful so it will be a great pump.

[Sumo]

Litecoin holding dollar value and gaining btc value

[Celebrity]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

Bitcoin hard fork and segwit application thing is called 1 august massacre. We need to learn reading the market properly before take action. As long the uncertainty remains, all of the coins will go down.

[JeffBrad12]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

It will not safe for you to save until the end of the month, But if you want to buy more cheap bitcoin and you can try to sell some of your bitcoin and buy more at the price of bitcoin already lower. The rebound of the bitcoin price still a speculation we don't know what will happen with bitcoin after the scaling. The 1 August is the day to deploy the BIP148 for the bitcoin.

[Raven91]

I've heard of something happening on August 1st, I still don't know what it is. It seems to be dumping all coins.
Is it safe to say they'll continue to drop till the end of the month and then rebound in August?
What is happening on August 1st?

I guess it is what will happened until august and then it will just depend in the segwit if it will be successful or not a great dump in the market value of bitcoin or maybe a great pump in the price in the market so really a great risk if your going to hold a bitcoin until august

[Allan Ramanda]

If you look at the development of BTC, it seems this is the worst for all altcoin users ,, because if the price of BTC falls like this, then all altcoin will also have an effect. We'll see how its development until 1 August

[John Titor]

Litecoin holding dollar value and gaining btc value

Actually starting to gain on dollar value as well.

Litecoin is going to be the most bullish major coin leading up to August 1st IMO

[aioc]

If you look at coinmarketcap 955 of the coins are dropping even Bitcoin price is dropping, and it will continue to do so until the fork is implemented and we have a real and most accepted blockchain this is a good opportunity to buy more coins with good potential but everybody seems to be dumping.