Quote from: skorupi17 on July 10, 2017, 07:29:03 PM

Quote from: DomainerCheaper on July 10, 2017, 03:26:34 PM

Hello dear Bitcoiners

I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?

There are various reasons and the most probable reason is the upcoming Segwit activation. Some users are just afraid of what will happen when Segwit gets activated. Some sell their Bitcoin in order to play safe if ever Bitcoin goes down harshly that is why we see some decrease on Bitcoin's price. But rest assured because nothing is to be worried about. The activation will be beneficial for Bitcoin so just hold your coins and neglect the chart reading. It is normal.

They are afraid because fearmongers are mixing soft and hard forks together. They're taking advantage of people who don't know how SegWit works and trying to start a panic run. Just look at some posts in bitcoin discussion. Every couple minutes someone asks if his money will disappear on August 1st, and some "good souls" are advising to cash out or move coins to a blockchain wallet, because we're going to fork Roll Eyes