Quote from: ActiveP on July 13, 2017, 06:59:56 PM

Quote from: brandeany on July 13, 2017, 08:53:45 AM

Most of people speculate bitcoin dump because of 1st Aug event. But this is one of my assumptions: most of people will withdraw their bitcoin to the wallet, there will be less bitcoin on exchange causing low supply >>> price will increase. What's your opinion?

Hopefully there will be panic sales before August 1st, and the price dip will be good for buying cheap coins. On the second, when it becomes obvious that there was no need to panic, the price will shoot back up for a tidy profit. Buy as much as you can on the the 30/31 July

I would refrain from advising and advertising such things

Bitcoin may spiral down, say, to 1,500 dollars per coin, but there is no guarantee that it will necessarily bounce back. As much as I myself want it to rise higher and higher, the current "stability" looks insanely suspicious to me. It seems like someone is trying to prop up the price when it starts to go down. Miners can be doing that since they are interested in this seeming stability for the time being. Otherwise, with the price severely crashed, people would attack them because it is due to them that Bitcoin didn't and doesn't evolve and there is no sensible development (in fact, no development at all). As to me, the price may crash after August, 1st, when there is no UASF activated, nor SegWit2x