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

[affandi]

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

For some traders who believe on the issue of August 1 will soon throw away their coins albeit at a low price

But for those who do not believe this issue ,, they will greatly take advantage of this moment. Because it can buy and accommodate it cheaply

[joganuts]

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.

It is much better to look the segwit as a good thing for bitcoin development. It is a direct part of bitcoin system development for the stock of bitcoin on the market balanced until it reach a great price. Dumping is usual and quite common to bitcoin so its better to just get ready and make some decision on point so you can earn more. If you are going to decide on panic selling you would need to monitor the price so you can know and observe the trend of bitcoin price so you can earn until the start of August rather than to lose you investments.

[moemoolah37]

i don't know anybody that could answer to this question with reason. but i personally believe it will go up.

[omonuyak]

In August 1 there is going to be an hardfork meeting and that meeting if it is positive we expect bitcoin price to increase and if it is negative the price to decrease. From now till the time, amateurs traders will be selling out of panic but the professional has foreseeing the outcome and they are taking position on were the price will swing to. Currently bitcoin has appropriate from near $1,800 to $2,378 today and we expect the market to appropriate further as many started to understand that what will happen in August 1 is negligible.

[umbara ardian]

I think it only happens to bitcoin. And does not apply to altcoin. So do not be afraid of storing altcoin. But be careful of bitcoin transactions.

[Harlot]

With my educational guess I think that as the biggest market cap of all the cryptocurrencies out there it will have a big influence on whatever the result it will bring on August 1. Right now we are experiencing the affects of indecision and fear of the weak hands as they are selling their position in preparation for that date. If Bitcoin goes down in August 1 we better be prepared with all our Altcoins as it will be a sure thing that they will be affected as well.

[Amevalentine]

In August 1 there is going to be an hardfork meeting and that meeting if it is positive we expect bitcoin price to increase and if it is negative the price to decrease. From now till the time, amateurs traders will be selling out of panic but the professional has foreseeing the outcome and they are taking position on were the price will swing to. Currently bitcoin has appropriate from near $1,800 to $2,378 today and we expect the market to appropriate further as many started to understand that what will happen in August 1 is negligible.

we are waiting & see, how market will react after hardfork, when improvement making anything been better so trust positive price will going raise up.

[Pinkris128]

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.

People become afraid and do panic sell because they dont want to lose their coins. Not just because august 1 is coming all coins will go down. After this i think everything will be alright because it will be a good start to invest coins.

[White Christmas]

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.


 

Exactly not all coins noe are dumping. Mostly some of them are just following the price of bitcoin. And these results to panic selling becaause people get afraid to lose some of their money when august 1 comes.

[Nikola95]

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?

If nothing happens on August 1st. than prices will stabilize quickly, and prices are going back as they were before these rumors about this splits.

[meliodas]

It really depends, if bitcoin will continue to go down
Then the altcoins might go down also
But if bitcoin will recover its price and starts to climb up again
Then altcoins will go up also and it will give profits to the wise investors who bought from the dips.

[Mahanton]

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.


 

Exactly not all coins noe are dumping. Mostly some of them are just following the price of bitcoin. And these results to panic selling becaause people get afraid to lose some of their money when august 1 comes.

Some do follow some of coins arent and this thing is really normal on cryptoworld which prices do go on different ways and dont really vary on each other but as a bitcoin/alt users we would eventuall pinpoint whats the similarities of movements into our coins. For now its gradually increasing already even August 1 is fast approaching but still we cant be sure if it would dump again or it would already increase its price without tending to dump its price again.

[Kema]

Markets follow the principle of "Maximum Pain". Whatever is most likely to hurt as many people as possible as much as possible is the most likely thing to occur. That's why the little guy is always getting crushed...

[Choy13]

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.

Actually bitcoin and the alternative coins is quite related to each other. And for the development factor it also connected and inclined to each other so it is expected that the sudden changes that people assume that will happen to bitcoin will also likely to happen on altcoin but it is better to not panic and always think that bitcoin development is always there and nothing bad will happen because it may continue to develop more as changes and it's price is just a part of its progress and development.

[speaktome]

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.

Actually bitcoin and the alternative coins is quite related to each other. And for the development factor it also connected and inclined to each other so it is expected that the sudden changes that people assume that will happen to bitcoin will also likely to happen on altcoin but it is better to not panic and always think that bitcoin development is always there and nothing bad will happen because it may continue to develop more as changes and it's price is just a part of its progress and development.

In this case is very  possible that the downward trend continues still until that date because it is not yet clear what will happen after that deadline,only the most versed in the field know more precisely what would be more likely to happen,up to now it has not been a price fall that could be considered tragic,all those expectations created make that wobble in the graphs,in short,I think it is more likely that the price will go down during these days and the wait will be long for many holders.

[Sebastien256]

No, in the short term, at least, NXT is almost garanteed to go up because of the ignis ico
https://www.jelurida.com/ico

[bitcoinbox]

Like you, I'd love to know if all coins will continue to go down until 1st august?
The market will decide, the market is all the people involved in cryptocurrency which represents about 3 million ppl.
You have to make statistics on a sample of people, I'd say at least 1000 to make it accurate.
Then please, come back to us with your conclusion. (asap)

[Sync485]

with raising support to segwit2x(it was %80 last time i checked)  i hope it won't go lower. but first it must pass 2400 baragge. if it can't pass,probably it would go back to 1800.

[racasanuk]

I don’t think I will be doing any trading until September and I am all out of alts, I just found the whole thing to nerve racking

[thend1949]

Like you, I'd love to know if all coins will continue to go down until 1st august?
The market will decide, the market is all the people involved in cryptocurrency which represents about 3 million ppl.
You have to make statistics on a sample of people, I'd say at least 1000 to make it accurate.
Then please, come back to us with your conclusion. (asap)

Well if I were to have good insights here I must say that it's not predictable to think that coins will rise or fall.  We just only depends on the current updates everyday. So if there's a problem with the demand and supply prices will eventually goes higher due to fluctuations happening. After you see that most of the coin prices is rising, you now have the best timing for another coin investments and can buy back to invest for another long term.