Post
Topic
Board Speculation
Re: WHEN will BTC rise again and WHY?
by
magmar
on 18/07/2017, 00:20:30 UTC
Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

Emotions aren`t a good adviser when your are trading.The btc price decreased only with 150 USD and now you are crying in your post about how bitcoin is "dead" and never rise again,bla-bla....
Wait after BIP148 and after Segwit2x and perhaps your predictions might be wrong.
Now everbody is waiting for Aug 1 and Segwit and that`s why the price won`t increase.

As you've said, people are waiting for the network splitting to be cleared out. Most of them are panicking because their money that they invested on bitcoin is disappearing because of the threat of the network split. So they are converting their bitcoins into other altcoins because those altcoins can pump but bitcoin will not.

Panicking is not the right thing to do. They are just splitting into two it doesn't mean that the bitcoin will fall for good. Just trust me, after this August 1 event the bitcoin value will pump again and will be rising its value like the old days.