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

[Blackwhite69]

To ascertain whether to come down or up
let's together wait on the 1st of August

[noictib]

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?

Actually this is all happening due to pump and dump only because sudden down in the price of the Bitcoin was the reason of the pumpers and dumpers .
Well here the main thing is that we need to go through the better ways where we can make estimate and can get idea whether the will go down or not and what are the limits where we should stop buy and sell the particular coin.
So make analyse himself about the coins and then decide that how much you can make profit and loss .
And here this is common thing for us that altcoins are related with the Bitcoins but sometimes the price of the altcoins can go with the Bitcoin , so more better to have patience and skill and experience to not to get loss in any ways .
Mostly it happened that Bitcoin going high and altcoins going down and vice versa .

[evader11]

It has a chances sir that prices of altcoins will go down until august 1 but for me, it will not go down all the time, it will go up also but it will go down again. The movements of altcoins are fast swinging.

[Armstand]

It has a chances sir that prices of altcoins will go down until august 1 but for me, it will not go down all the time, it will go up also but it will go down again. The movements of altcoins are fast swinging.

As we see know even yesterday the bitcoin price graph were changing every time. We may experience such event until August 1,it will only 2 weeks left and things might get fine and we can continue on our activities like in trading and investing by that time.

[sumit513]

I think will buy more Ethereum instead of bitcoin until the drama is over.

[francism]

I think will buy more Ethereum instead of bitcoin until the drama is over.

Yep, diversifying your portfolio is the best thing to do at this time. We'll never know what will happen to bitcoin on the first week of August.

[nelmari]

August 1 is a rumor stating Bitcoin will split into two that's why some are panic selling their Bitcoins as earlier as now. And as bitcoin goes down so will some altcoins too. If that is the case and the coins are decreasing before August 1 then I think it is an opportunity for some who have the budget to buy coins while they are on sale.

[Bitekojn]

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 really hope that the drop would end soon and the price of the coins to recover as soon as possible,
I really think that it would continue to fall but I hope that my prediction is wrong.

Not like you, I very love the time bloodbath on market, it helps me can buy extra amount for altcoin long-term in my list and scapling in short time with good profit. I hope it still continue after August 1st with more new lowest price

True true. I totally agree with you. Bloodbath is wellcome to buy some more at low prices. I am not afraid at all a out BTC not getting pumped again in August as well as all the other altcoins. People are scared about implementation of new platform the same way as they were of millenium bug 😁. Lot of panic for nothing (but as I said is wellcome).

[nasipadang]

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?

Most of the down of altcoin is caused panic sell by hardfork issue in 1st august segwit, if 1 August has passed perhaps we will see the market starts moving up.

[CraigWrightBTC]

The altcoins will continue to go down until 1st August because this time for the activation segwit2x on bitcoin's network,
it can be succesfull also can be fail and many people who are fear because of it, so they sell the bitcoins to anticipate bad thing on bitcoin's network after 1st August, this condition were followed by other altcoins users and sell their altcoins.

[IamAltcoinfan]

In august first there will be Segwit ( segregated witness) 2.0 will going to implement in that current block size 1 mb will increase by splitting 2 blocks so may chance of splitting bitcoin like happened ether after hardfork eth and etc.

[dobolspeed1]

I think not only the media are involved in that, many other players are also participating, segwit will start and end on the 1st of August, suggest me leave all the bitcoin transaction activity on that date and keep all your coins in a safe place, make sure All safe. Then wait for it to end after August 1st.

[prehisto]

I think that is completely rational and reasonable to think that BTC will go down till 1st of August and then we will see what happens.
And most of the altcoins will go down with it.

But while observing the prices this logic is not completely true .

1) Look at the last 24 hours, BTC was dropping but ETH was going up like crazy.
Any explanations for this ?

2) LTC remained relatively stable , going considerably down only in the past hour or so .
I have heard a lot of that LTC seemingly is a choice for many moving investments from btc to ltc. Do someone has explanation for this ?

[gomei]

I do think there is some direct relationship between the dumping of the coins recently and the hard-fork of the Bitcoin on 1st August. The price is up and down as normal, if you think some coins is valuable, just hold it.

[ccsang]

Bitcoin price from $26xx to $18xx  within 1week , After that less than 24 hour from $18xx go back to $2400, strong support , all coins marketcap increase 20B to total of 84B , market price up and down , We don't know what was happen next day , I wait for 1 August then I only know that what to do next

[SilverQuark]

Hmmm.....

I hope it continues down so I can by discounted coins.
I think it is safe to assume their will be another downtrend coming, it will be interesting to see if
it occurs this weekend again.

[ubeng07]

I do think there is some direct relationship between the dumping of the coins recently and the hard-fork of the Bitcoin on 1st August. The price is up and down as normal, if you think some coins is valuable, just hold it.

Yes it is much better to hold it. But i dont think that all coins maybe some of it will be but not all. Most of it ia bitcoin and altcoin that as of now it really happens.

[affandi]

The altcoins will continue to go down until 1st August because this time for the activation segwit2x on bitcoin's network,
it can be succesfull also can be fail and many people who are fear because of it, so they sell the bitcoins to anticipate bad thing on bitcoin's network after 1st August, this condition were followed by other altcoins users and sell their altcoins.

Right, because I think the current bitcoin is still a reference for altcoin. It is not surprising that altcoin prices also decline, as traders still rely on bitcoin as their exchange hub. After hearing the news of 1st August, they decided to sell their altcoin to bitcoin and after being bitcoin, they also decided to sell the bitcoin for money.

At the present moment, it seems that traders are hesitant to make any altcoin purchases. But once this news passes, I'm sure everything will be back to normal as usual.

[Rallymost]

I think it's very difficult to prediction the future market trends, maybe bitcoin will also create the lowest price or it will print highest price, that's the fact of trading, we can keep it until everything is proven

[shams]

According to me YES. Because at this time most of the traders are converting their bitcoin to USDT and few solid altcoins and keeping them in their hard wallet. So when most of them will convert their coins so the trading volume will get low and when no one will trade eventually price will come down. But I am sure when segwit will be done bitcoin will start to grow and sure altcoin will also grow with that.