Post
Topic
Board Speculation
Re: Will bitcoin drop hard? I am waiting to buy it.
by
GreenBits
on 09/11/2017, 05:09:22 UTC
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



no one will legitimately be able to call this with all the uncertainty concerning the fork. I can say with general confidence that alt markets will get the panic capital; bitcoin is the safe haven, but where do you go when the safe haven is no longer safe? expect the cryptos tied to dollar valuations, like nushares, nubits, and tether, to uptick past their static USD denomination (more so true with the NU assets). and expect the primary alt, ETH, to absorb the majority of the bitcoin capital flight because its popular, very well supported, and the underlying asset on ERC20 tokens.