Ninjastic
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Board Bitcoin Discussion
Re: I do not have the guts to buy bitcoins now.
by
Wintersoldier
on 01/09/2017, 06:01:22 UTC
Quote from: lisa255 on July 28, 2017, 06:42:57 PM
Quote from: agustina2 on July 28, 2017, 06:30:57 PM
Quote from: feranenem12345 on July 28, 2017, 06:01:26 PM
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.

Will plummet? Before maybe but after August 1st I don't think so. Split or not , I don't think it can devalue much the price of bitcoin. Remember the classmate fork of this BCC? No one succeeded and Im sure the same scenario will happened to BCC.

Majority of bitcoin users will dump if they anticipate that the price will goes down more. We only have few days to go before August 1st but still price is incredibly getting support at $2500 above.


The price remains at an altitude for several reasons. One of them is the fact of the split transfer to November. People calmed down and decided to buy bitcoin again. I think that we should not give in to panic and behave as if on August 1 nothing will happen. Probably so it will be
The price of bitcoin now is way ahead comapre to its price before. So for other people's it is a hard thing to do to buy bitcoin because it is expensive for now. But instead of buying bitcoin people can still finds ways to earn it as a part of signature camapagin or investments and trading that could give them profit out of their bitcoin.