The crowd is always wrong. If the general consensus is "after the 1st, it's going to go up".... and this IS the general consensus.... it means it is NOT going to happen. You're playing against the masters. Do they mind throwing away 20 million to drop it under $2000 when 90% of the Muppets think it'll go up? Not at all. If they can grab say a million coins and save a few hundred dollars a coin..... when they inflate it later.... they make hundreds of millions. That's the game.
I've seen it thousands of times, on hundreds of stocks I've followed closely. Fundamentals don't matter. Technicals only matter part of the time.
You have strong points. There's always have been market manipulation and that is the reason why I dont keep studying graphs, highs and lows and all that stuff. Since the pumps are always sudden, you can't predict it.
I have wallets of Bitcoin, Litecoin, Dash and Ethereum. All stored in my computer. I'm pulling my money out of the exchanges for the 1st August, retrieving all that I can from said coins.
My only question is, how much low bitcoin might fall after SegWit is implemented? Would it fall to a hundred dollars? Or would it fall to $1700 like Goldmann Sachs "predicted"? I want to know what is the best time to buy more.