Post
Topic
Board Speculation
Re: Dump the news?
by
YuginKadoya
on 24/08/2017, 13:20:51 UTC
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?

No dump imo. Why? Because weren't going parabolic to 6k+. Everything is priced in, the market knew SegWit was coming and in between the upwards movements which partially had been pretty steep, we saw regularly cool downs.
So imo the actual price is pretty fair and can not see any crazy dumping happening without any siginificant reason. The next thing we need to pay attention to will the 2x/NYA FUD and their coming fork in November. This will definitely influence and shake the market again.
I already accustomed to such jumps. This year there is certainly a lot, but I always keep calm and after the fall of bitcoin always rewards its supporters by raising prices. People are to blame for the fact that bitcoin has become an object for speculation.

We can surely speculated every movement of bitcoin and many have been very afraid because of the sudden uphill of bitcoin they don't know when it is gonna fall down it is very unpredictable right now, and I think there will be a lot that's gonna surely sell their bitcoin out from fear again but I hope they can think twice before doing it.