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Question: Will we see another correction before Aug 1th?
Yes - 20 (41.7%)
No - 28 (58.3%)
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Author Topic: Will bitcoin dip below 2000 again before Aug 1?  (Read 4534 times)
CheapYoutubeHits (OP)
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July 18, 2017, 01:05:06 AM
 #1

So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?





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July 18, 2017, 01:08:55 AM
 #2

The rise up from sub 2000 today was awful fast so it's still very possible. I suppose it depends on how rapidly the signalling takes shape and whether it all goes smoothly. Definitely not out of the woods is my guess.
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July 18, 2017, 01:37:58 AM
 #3

As what I observed with the price movement of bitcoin. It climbed too fast and it went dropping that fast too. No doubt that it is possibly that we will the price of bitcoin to be seen under $2000 again. Maybe it will happen 5 days before this month ends. But if it will not happen then the fork was successful and we'll see the price pumping.
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July 18, 2017, 05:39:46 AM
 #4

So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?






Bitcoin price ha salready started to recover from $1850 and now its price is $2190 and good news is that its still rising.Once again,this time also the poor newbies,who would only regret and would just remain helpless on just seeing their sold bitcoins rising towards the moon.Poor guys,pity on newbies.

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July 18, 2017, 06:02:24 AM
 #5

So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?







We can`t be sure that this is going to be a hard fork.
Some exchange platforms cancelled thier deposits and withdrawals,they are all waiting for August 1.
This is have impact over bitcoin trading,so i expect another price fall.
People will be too afraid to trade,send and receive bitcoins and the price will go down for a few days before and after August 1.

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July 18, 2017, 11:18:46 AM
 #6

There is still 2 long weeks ahead, that's a lot of room for free fall.
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July 18, 2017, 11:44:42 AM
 #7

within few days time the price has grown from sub 2000$ and now towards 2300$, which looks promising to reach the peak value. Though we have got the maximum possibility of splitting of chains, the growth in terms of adoption and value is expected to increase in a gradually manner. Lets hope nothing worse happens after Aug 1

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July 18, 2017, 11:44:52 AM
Last edit: July 18, 2017, 09:54:34 PM by LeGaulois
 #8

It may be a coincidence but see https://twitter.com/BITMAINtech/status/886839997440995328
As soon as Bitmain announced all its pools would begin signalling for the SegWit2X upgrade, the Bitcoin value started to jump like a crazy

We can`t be sure that this is going to be a hard fork.
Some exchange platforms cancelled their deposits and withdrawals, they are all waiting for August 1.
This is have impact over bitcoin trading,so i expect another price fall.
People will be too afraid to trade,send and receive bitcoins and the price will go down for a few days before and after August 1.

What?  Shocked Can you tell me which platform are cancelling deposits/withdrawals until the August 1? I have not read something similar. So please kindly post a source here. Because on Bitcoin news websites or here, I have not read something like you are telling and I am a little surprised if it's true

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July 18, 2017, 11:45:25 AM
 #9

I think the price today its because the segwit start running by some miners that i read from this thread https://bitcointalk.org/index.php?topic=2027198.msg20198992

It means segwit is running normally with new improve bitcoin this is i think why the price is increasing today and i think we will see more increase soon ..



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July 18, 2017, 12:06:45 PM
 #10

Bitcoin may seem coming back on the top with it's price, the current point is 2200+$. it may look as correction and stabilizing, but just take a look how many people sell! I think that may provoke a new wave of falling down and we may see 1800+$ again.
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July 18, 2017, 12:11:02 PM
 #11

So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?






Most people are on panick mode whether they will sell or keep their coins. A huge part of the community of bitcoins are people that has really have no idea on what is going on in the market. Most people are just following and panicking because of what's happening with the price. The price may have increased for people who are wanting to get more profit before they dump or the price may drop for people who wants to buy more at a cheaper price. I personally think that there is a high possibility that the price may dip down $2000 again before or even after august 1 happens but I am hoping that the price will recover soon enough.
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July 18, 2017, 12:11:58 PM
 #12

I think the recovery is already cemented since segwitx2 is almost during to activate now. I don't think we are dropping again anytime soon.
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July 19, 2017, 02:11:36 AM
 #13

So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,

Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,

Or do you think that the real price dip still has to come?






I think the price will dip again, people will get more scared as the date keeps getting closer and will begin to take decisions not with their brains but with their feelings and they will make mistakes I think the dip maybe even larger than the one we got a few days ago and that is an opportunity for those willing to take risks.
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July 19, 2017, 04:06:48 AM
 #14

if nothing unexpected happens NO. there is no way to see any dip anymore.

but with bitcoin there is always a chance of something unexpected happening. the bitmain crap is still ongoing despite them signalling for SegWit. the FUD is also always something you need to look out for.
on the other hand there isn't that much time left before August 1 so there is not really enough room to play games and push price below $2000. although we may see something similar to Litecoin SegWit shenanigans again.

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July 19, 2017, 04:08:14 AM
 #15

Since bitcoin price got up, many people will try to sell their bitcoin because of the fear that it might go down again. This could have possibly affect the bitcoin price of bitcoin before august 1, anyways if the price of bitcoin decline it will be a great opportunity to buy.

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July 19, 2017, 04:17:18 AM
 #16

I guess the price of Bitcoin will dip again and breakdown to lowest price around $1800 - $1500, if use technical analysic you can see yesterday Bitcoin can't breakout resistance line and still bearish trend. The recovery price just bull trap!


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July 19, 2017, 06:08:10 AM
 #17

your poll is misleading because it is not asking the same question as your topic subject!
a correction is always going to happen. it happened yesterday when price reached $2400ish and started dropping down. that small drop down is the correction and it will always happen.

dip below $2000 however is not a correction it is a massive dump. and i don't think it will happen again. depending on how much rise we are going to see in the upcoming days price may never go below $2000 and even if a dump happens it will be much smaller this time.

Buying the dip...
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July 19, 2017, 06:17:11 AM
 #18

yes because because the last week before august 1st is the real panic selling where half of the user in bitcoin would definitely sell their bitcoin because they don't want to risk their btc just to stand what they into. but being a aware on what's possibly could happen is the most better to do. I've been part of bitcoin since the price of bitcoin is around $500 so i know what it feels when i sell out all my bitcoin when the august 1st will come. so just like what im always saying its better to be safe than sorry.
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July 19, 2017, 07:53:38 AM
 #19

No, you've lost the chance.
jerowacik
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July 19, 2017, 08:27:06 AM
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yes because because the last week before august 1st is the real panic selling where half of the user in bitcoin would definitely sell their bitcoin because they don't want to risk their btc just to stand what they into. but being a aware on what's possibly could happen is the most better to do. I've been part of bitcoin since the price of bitcoin is around $500 so i know what it feels when i sell out all my bitcoin when the august 1st will come. so just like what im always saying its better to be safe than sorry.
Anything can happen to bitcoin. Bitcoin prices will be easy to change, especially you are people who have long known bitcoin.
Many stories that we can use as a lesson. Do not be strange when you see bitcoin prices increase and decrease easily.
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