sujonali1819 (OP)
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July 28, 2017, 04:00:30 AM Last edit: July 28, 2017, 06:20:04 AM by sujonali1819 |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
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Taskford
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July 28, 2017, 04:38:21 AM |
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I think after august 1, the price of altcoins will go down because the price of bitcoin will dump also after the possible pump of august 1 because people will secure their profits and they will just dump and buy back again when the market is maxed on its dump. In my opinion, those will be just temporary but they will go up again after the dumpers or bears will calm down.
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BitcoinExpart
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July 28, 2017, 05:03:56 AM |
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As all scenarios are happening a fork on August 1, 2017. Many people (including myself) thought that this fork would only temporarily and the market will again upwards. Already many investors move their coins to hard wallet, paper wallet or offline wallet as many exchanges, including Coinbase, are simply not prepared for this event.
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boyptc
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July 28, 2017, 05:17:04 AM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
I read most of the exchange aren't going to support BCC so why you would do panic sell just for that coin? I personally don't know what's going to happen with the market on August 1 , if it will be green or red, who knows?
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HomeToken
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July 28, 2017, 05:26:15 AM |
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No one knows but I think prices will remain largely unchanged.
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Yuhee
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July 28, 2017, 05:50:14 AM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
I read most of the exchange aren't going to support BCC so why you would do panic sell just for that coin? I personally don't know what's going to happen with the market on August 1 , if it will be green or red, who knows? As they say change is the only permanent thing in the world. So upon the bip update, im sure there are some styles that would remain but almost many would change there habits and strategies will also come up. Though the same and probAbly a lot also of the altcoins will update there own sites depending on the changes of the bip.
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Dudeperfect
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July 28, 2017, 05:51:46 AM |
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I don't think any negative is going to happen on 1 Aug. Yes, we might see some volatility in the price of Bitcoin as well as in the major alt-coins but after some period, it will become back to the normal. I am in fact expecting the price level of $4K until the end of this year. There is a panic situation among the Bitcoin holders and thus they were selling their holdings, However, the price is again getting on a bull run so I am expecting growth in altcoins too after this event.
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pawanjain
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July 28, 2017, 06:44:46 AM |
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What i think is that the fork will happen but bcc will be dumped because all the btc holders will keep btc and sell off their bcc and so bcc will go down at a huge rate. People will start buying bitcoin and hence bitcoin's price will go up and altcoins will see some volatility too. Altcoins can go either up or down depending on the volatility of the bitcoin. I have bought some altcoins now and i will see whats happening on the day of the event. If bitcoin goes down then i will buy more altcoins since altcoins will go up for sure if bitcoin goes down.
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jerowacik
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July 28, 2017, 07:25:01 AM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
If you are sure that BCC will be there then I think altcoin price will definitely decrease, we know that bitcoin will split into two. So increasing the number of auto bitcoins will give higher bitcoin prices. Altcoin prices will drop quite drastically. But this is still a conclusion when bitcoin and BCC exist in early August.
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Hammonds
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July 28, 2017, 12:31:16 PM |
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Do not panic, everything will be fine. Whether bitcoin prices will go up or down but of course many people are expecting bitcoin prices will rise.
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snowcrashed
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July 28, 2017, 12:53:44 PM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
Altcoins' prices will be bumped when it gets near to the 1st August because after the 1st August, Bitcoin price will surely go down, traders want to keep their profits so they will exchange all their Bitcoin into Altcoins, that will make their prices go up
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iqlimasyadiqa
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July 28, 2017, 01:02:02 PM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
Altcoins' prices will be bumped when it gets near to the 1st August because after the 1st August, Bitcoin price will surely go down, traders want to keep their profits so they will exchange all their Bitcoin into Altcoins, that will make their prices go up It could happen, altcoin prices will indeed be greatly affected against the movement of bitcoin prices. We should see how the bitcoin moves later, because it can decide what steps we will take.
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iram1011
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July 28, 2017, 01:10:52 PM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
Altcoins' prices will be bumped when it gets near to the 1st August because after the 1st August, Bitcoin price will surely go down, traders want to keep their profits so they will exchange all their Bitcoin into Altcoins, that will make their prices go up I doubt if that is the case. Bitcoin and Altcoin market aren't inversely proportional. Instead they tend to follow each other. For example, in the whole month of July we saw a huge dip in Bitcoin valuation due to speculations and as a result we saw a huge dip in marketcap of Altcoin as well. They again gained momentum when Bitcoin rebounded. Altcoin market is definitely dependent upon bitcoin to a good extent.
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iamTom123
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July 28, 2017, 01:42:02 PM |
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No one can really predict what can happen on and after August 1. At the time when BitcoinCash became a hot topic, Bitcoin decreased in value but right now it is already back at $2,800. I did not expect Bitcoin to behave this way as I assumed it can go even lower than $2,500...boy am wrong.
Volatility and unpredictability are now the two traits of Bitcoin. As to alts, the route taken by Bitcoin can have direct effect on them though there are times when market can defy historical precedence. I have invested in some altcoins and it is actually hurting to see them go downwards.
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voltesbit777
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July 28, 2017, 02:51:05 PM |
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Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?
This is no difference before on Bitcoin unlimited where many of the bitcoin users got panic on this things, and now here we are again another rumors and hearsay were some's are worried about this coming august 1, 2017. There's no reason to get worry after all, this is just really a massive fud by the others.
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reliable
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July 28, 2017, 03:10:56 PM |
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What I have understood till now is that mostly bitcon price determines other altcoin price in terms of its upward or downward movement in major coins. Recently we all saw that btc prices came down from 3k to 2300$ so accordingly even ETH price went down and so other altcoin prices too.
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~Bitcoin~
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July 28, 2017, 06:08:05 PM |
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I also think same but crypto market is quite hard to understand and market might not move exactly as predicted both before and after network split on 1st august. There can be more than 1 fork during that time and I am actually expecting some more drama on this segwit activation on actual date like few more mining pools might pull out their support for segwit2x etc. I am closely looking at the markets to take out as much as I can.
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bitbunnny
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July 28, 2017, 06:17:41 PM |
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So many different scenarios could be read every day so I stopped predicting anything because no one can realy say how it's everything going to develope. Somehow it seems to me that it would be the best just to o oversleep that period and wake up when everything is finished. Some dump of altcoins could happen but not for very long time.
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hughson
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July 28, 2017, 06:31:28 PM |
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Money should flow from alt coins and into Bitcoin this weekend but after snapshot people will move back in to their Fav Alt Coins.
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sandan2002
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July 29, 2017, 04:43:29 AM |
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After 1 August i think the price of bitcoin will skyrocket and all the alts will follow it.We have to go forward after this fork
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