Will bitcoin dip below 2000 again before Aug 1?

[Anno MMXVI]

We are July 21st and way more closer to 3000$ than to 2000$, so I definitely voted "No". As the situation is heading toward a SegWit activation, people cleared their fears and the price is growing back, and I do no think we will see any sharp drop any time soon.

[darkagentx]

Many have failed since the past weeks on what will be the effect on the price of bitcoin, even old vinny have failed to predict the outcome, he said that bitcoin price will be even lower than 1800 USD, but what happened was the reverse. I dare say BTC will reach 3800 usd before August 1.

[tn211]

I honesty hope it will happen but I have to be realistic too and no I don't think that is going to happen because the bip 91 is locked in which means the next step to segwit and the HF has settled in.

Now miners are signaling for it, the drama is over, at least for now.

[CheapYoutubeHits]

Bumping this up

[The_Dark_Knight]

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.

Even if bitcoin is difficult to predict it is not like it is completely unpredictable, the recent increase in price came mostly from BIP 91 locking in and the fact that we are at least going to avoid a fork in the date of August 1, that does not mean a fork could not happen but at least we avoided it for now

[cpfreeplz]

Well it did but if you didn't buy you missed your chance. Things are really looking up right now with BIP91. I'm HODLing on forever so what do I care!?

[leyton11]

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.

Even if bitcoin is difficult to predict it is not like it is completely unpredictable, the recent increase in price came mostly from BIP 91 locking in and the fact that we are at least going to avoid a fork in the date of August 1, that does not mean a fork could not happen but at least we avoided it for now

Well, we not know after locked BIP91 will have error or not, the whales and big boy always want find reason make crash before they pump Bitcoin again, I think from $1800 to $3000 still can't helps them like this profit, maybe crash again will interesting than

[tobs]

Well, we not know after locked BIP91 will have error or not, the whales and big boy always want find reason make crash before they pump Bitcoin again, I think from $1800 to $3000 still can't helps them like this profit, maybe crash again will interesting than

That's what I'm thinking. Any big players that got their coins at 1800 could easily now pump it to 3000 just to crash it again using the opportunity of August 1st rumors and people generally not knowing what will happen. It will be hard to take bitcoin price to such lows after we sort out all this segwit problems so they may want to get their profit again this month as it's still hot topic with lots of uncertainty.

[TastyChillySauce00]

Well, we not know after locked BIP91 will have error or not, the whales and big boy always want find reason make crash before they pump Bitcoin again, I think from $1800 to $3000 still can't helps them like this profit, maybe crash again will interesting than

That's what I'm thinking. Any big players that got their coins at 1800 could easily now pump it to 3000 just to crash it again using the opportunity of August 1st rumors and people generally not knowing what will happen. It will be hard to take bitcoin price to such lows after we sort out all this segwit problems so they may want to get their profit again this month as it's still hot topic with lots of uncertainty.

that's ez money for those damn whales but people could just follow the trend they made and take advantage over it. Many chances that BIP 91 if successful could pumps the price like a rocket but things could happen the opposite indeed.
Just the obvious movement that people could take is to buy when the price hittings its lowest point, people could learn from what've happened recently from the recent dumps

[Question123]

I hope in august 1 the orice will not decrease at 2000 dollars I hope the price will become 3000 dollars so we can make a lot of profit. The price of bitcoin last week down at 2000 dollars but it will recover again back to the current price and the price as of now is more high compared the price before . More bitcoin more money to come with youn so hold your bitcoin and make a lot of profit in the future.

[xypos]

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?

It does seem like right now that people are again pumping bitcoin probably because BIP91 seems to be enjoying a pretty healthy amount of support and if it was to be activated then that would mean the activation of Segwit which is probably the majority's choice right now.

Ultimately though it does depend on what happens after the crucial August 1 date, it is completely unpredictable and if you have followed any sort of bitcoin media you'll see that even the experts cant' be sure of what's going to happen.

Dip could well happen if support for BIP91 drops to sub 80% for prolonged periods of time, or could be just a whale trying to get out of bitcoin before the August 1 date to cash out his enormous profits.

[kwukduck]

Nothing changes. Bitcoin will still hardfork.
Bip91 is irrelevant.
The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way.
This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.

[ekoice]

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 its hardly impossible for bitcoin to fall down below $2000 as we already see its price recovering and newbies regretting for their decision of selling bitcoins at lower price.Even bitcoin price may increase above $3000 after august 1.Those who bought bitcoins last week at $1850 were lucky enough to buy at cheap rate.

[Blamsud]

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 its hardly impossible for bitcoin to fall down below $2000 as we already see its price recovering and newbies regretting for their decision of selling bitcoins at lower price.Even bitcoin price may increase above $3000 after august 1.Those who bought bitcoins last week at $1850 were lucky enough to buy at cheap rate.

Yeah. It is now impossible because because BIP91 became successful and segwit2x moves one step. Aug 1 is now a regular day and nothing else with it. The split tension  is temporarily freeze.

[bitterguy28]

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 its hardly impossible for bitcoin to fall down below $2000 as we already see its price recovering and newbies regretting for their decision of selling bitcoins at lower price.Even bitcoin price may increase above $3000 after august 1.Those who bought bitcoins last week at $1850 were lucky enough to buy at cheap rate.

Yeah. It is now impossible because because BIP91 became successful and segwit2x moves one step. Aug 1 is now a regular day and nothing else with it. The split tension  is temporarily freeze.

i agree bitcoin now go up on the top after the fork issue i hink the bitcoin rebond and pumping starting a week go uprise bitcoin contiunue to the highest level of their value until august 1 continue increase the value until the end of this year.

[iram1011]

Nothing changes. Bitcoin will still hardfork.
Bip91 is irrelevant.
The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way.
This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.

After the activation of Segwit through Segwit2x which is about to happen, hardfork will take place in November which is quite far away to speculate anything about price. I didn't understand your point of splitting between Segwit and Segwit2x as Segwit2x is bringing Segwit. They aren't competing. As Segwit is about to get active, thus, BIP148 won’t trigger the orphaning of non-Segwit signalling blocks at all. Hence, no splitting.

[kwukduck]

Nothing changes. Bitcoin will still hardfork.
Bip91 is irrelevant.
The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way.
This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.

After the activation of Segwit through Segwit2x which is about to happen, hardfork will take place in November which is quite far away to speculate anything about price. I didn't understand your point of splitting between Segwit and Segwit2x as Segwit2x is bringing Segwit. They aren't competing. As Segwit is about to get active, thus, BIP148 won’t trigger the orphaning of non-Segwit signalling blocks at all. Hence, no splitting.

SW2x is completely unnecessary, badly coded and causes tension within the community. Just because a bunch of miners were basically tricked to sign up for it doesn't mean the users have to. Regular SW resolves all the problems we have and ensures a smooth road for the future.

[aardvark15]

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.

Just a couple of days ago the price was below $2000, so it wouldn't surprise me too much if it dropped that low again before Aug 1. We could see a selloff before then as everyone scrambles to protect themselves from a potential fork.

I've made some moves already and my plan is to HODL for now. I'm not too worried about losing anything because I think whichever coin survives the split will do fine in the long run.

[d5000]

Although a dip has already ocurred (and didn't last long) I wouldn't totally rule out another dip this week, just before the Segwit activation (that should take us to Jupiter at least ).

The reason: BIP91 is constructed in a way that there could be some forks "on the road", if non-BIP91-miners "accidentally" mine 2+ blocks in a row without following the soft fork rules. Such an event could be used by short sellers - even a small cartel with some miners that mine non-BIP91 blocks (only for a short time, because otherwise they would harm themselves if big generalized price crash occurs) is possible.

And don't forget we have a nice triangle formation closing on Tuesday or Wednesday (just when the new Segwit signalling period begins).

(But no, I really don't believe in sub-2000 prices anymore. At least until September/October.)

[MRlong]

I say yes. Have two reason make me choose it:

1. August in 2016 and 2015 are the time Bitcoin decreasing, although not know the reason make that but this is a rules in 2 years ago!
2. Use technical analysic for compare chart Bitcoin in 2017 with 2013, I can see some similarities after the price of Bitcoin breakdown to $1800 and recovery to $2900 after some days. Maybe we are stay in Elliot waves B is bullish trap and if August 1st is waves C, we will see big breakdown in that time!