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barota
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July 28, 2017, 11:14:49 AM |
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The rise of bitcoin is a trap only ; It will drop very heavily
Do not be surprised . From 2800 to 1800 ,We have seen this several times in the last few days
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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redhack
Legendary
 Offline
Activity: 1858
Merit: 1014
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July 28, 2017, 11:24:02 AM |
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BTC is going up because people want to get free airdrop for Bitcoin Cash on 1 August. After fork happened and people get both coins I guess dump is inevitable. 1800 is a long shot but I expect at least 2300-2400 range to see again next week. Other altcoins will follow Bitcoin price as usual. We'll have a bearish week after all this pump.
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Shishir99
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July 28, 2017, 11:38:13 AM |
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I think bitcoin will drop rapidly in coming weeks.
And other altcoin will be also dumped.
In my opinion August will be most volatile month for cryptocurrency.
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Fatunad
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July 28, 2017, 12:28:57 PM |
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The rise of bitcoin is a trap only ; It will drop very heavily
Do not be surprised . From 2800 to 1800 ,We have seen this several times in the last few days
Its not actually a trap but just really a result on people do sell out their bitcoin because of the august 1 fud which really makes the price dips again on 1800 price point but if you do try to see the price of bitcoin now it reaches almost 2800 (2700+) as of writing now. Bitcoin would really rise up its price later on which is normal how much more on upcoming august 1. Its already few days as of now. |
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vv181
Legendary
Offline
Activity: 1932
Merit: 1273
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July 28, 2017, 12:45:25 PM |
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I think bitcoin will drop rapidly in coming weeks.
And other altcoin will be also dumped.
In my opinion August will be most volatile month for cryptocurrency.
I think if BTC pullback it will need to hold 2575 support or it will roll down to test the recent low of 2400 and we don't want that |
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yslyv
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July 28, 2017, 12:56:07 PM |
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People started to exchange thepr altcoins to btc like crazy. Stupid rumours caused this. It is hard to explain people that there wont be a hardfork on 1st of august...
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turn the page
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ICO INVESTOR
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July 28, 2017, 08:59:08 PM |
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Why alts are down and BTC is up? Because people are selling alts in loss and buying BTC thinking they will get BCC after split. But is stupid move in my opinion. After Segwit, you will never see alts at these prices.
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giveen
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July 29, 2017, 02:19:52 AM |
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Alts are surely not up i bought ltc yesterday at 0.016 and mostly thought of selling after few months but today it's down to 0.014 , I'm aware that in coming days price will recover but all I'm trying to say nowadays because of fork it is only btc which is increasing and not alts , there was a trend in past but looks like for now it has changed for a while and alts will take few mknths to recover successfully.
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yonton
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July 29, 2017, 05:55:18 AM |
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the trend changes all the time from bitcoin up to alts up to bitcoin up alts down. Sometimes alts trade opposite and sometimes with. You never know which way the markets going to move. If it was that easy we would all be rich.
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samuraijin
Sr. Member
Offline
Activity: 1638
Merit: 261
Vave.com - Crypto Casino
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July 29, 2017, 06:04:57 AM |
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People will buy a lot of BTC to get another bitcoin tokens like BCC or BCH when August 1st later, I think it also drives bitcoin prices to go crazy when people want to get a double profit  |
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yonton
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July 29, 2017, 06:20:47 AM |
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Wrong, it does nothing good for bitcoin. Bitcoin would be much higher right now if it wasn't for the BCC scheme. BCC won't be worth anything after aug 1 so if anyone is buying bitcoin to pick up bcc, they're an idiot.
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