I think the August fork has an influence on the current price of btc. Before the fork, the price was somehow OK and now I can't even buy a considerable amount with my $10.
I guess people are dumping their BCC for BTC which should be the cause of the rise in price. I am planning to buy some bitcoins now but I'm thinking the price will go down a little when people start sell their BCC profits( l mean profit they've earned after dumping their BCC). What do you think, am I wrong or right?
What you say is true, in the beginning of August we would all predict there will be a decline in bitcoin prices. But in fact the price of bitcoin actually increased very high. This is all out of the question, everyone has been wrong in estimating bitcoin prices. The forking process in early August has transformed people's views of bitcoin.