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.
There is no assurance that BTC would hold up and still be valuable in the continuing days, however with the trend of technology and other things BTC has held up very strong against conflicts and other factors that might lead to its downfall. It has dipped up and down and has trended towards a collapse but always it has gone up and that is why it is favored to last long as it is still here and considered to be the most reliable in cryptocurrency.