Post
Topic
Board Bitcoin Discussion
Re: I do not have the guts to buy bitcoins now.
by
neurotypical
on 28/07/2017, 18:20:53 UTC
Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.

Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.

Segwit is locked in, that's what you need to consider. Segwit is inherently bullish except for the conspiracy theorists that claim Segwit is a mistake and could create a DAO type situation within bitcoin because of the transaction format. I think this is exaggerated FUD.

Once we clear out the BCC nonsense, the price will go up. If you buy before August 1st, you will have both BTC and BCC, so you can always dump BCC for free BTC and in case BTC price goes down against the dollar, you still get more BTC. Consider that.