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Legendary Offline
Activity: 1092
If the fork really happened then we will see around 500$-700$, but if the fork canceled we will see the price stabilize at 1100$, hopefully the price will back to normal and more investor will invest again
If something (the fork in this case) isn’t in progress, then there is also nothing to be canceled. People make themselves go nuts while nothing has happened, and nothing even was about to happen. It was a potential fork, and it still remains a potential fork. It’s the crypto related media channels (e.g. news sites, social media pages, youtube, etc) that add oil to the fire to create an unneeded level of panic. People as always swallow everything so easily, that the market takes a nose dive (decline that we experience right now) for nothing.
Jr. Member Online
Activity: 42
the next 5 years are critical.
bitcoin price is falling rapidly by day,I wonder will it stop falling or will continue till we are back to $1 per btc? What will happen if hard fork occur?will btc price touch the bottom? Or is it just market manipulation to take advantage of this confusion?
It has already stopped and bitcoin price is recovering and its $970 now.It is just manipulation of market by some bigshots to gain huge profits.Its all due to immature bitcoin holders who dont know about bitcoin’s journey since its creation.
Yes indeed bitcoin’s price is recovering and i am sure that those who hold on to bitcoin rather than doing panic selling will be beneficial and yield more profit because the price has already started to recover and the reason why it dipped down bit more than what was expected and speculated was because of newbie and immature sellers who started selling bitcoin in bulk once they saw the price dropping leading to more supply and less demand thus reducing the value further.
I dont see any recovery . -1% today isnt recovery. We need to stop the downtrend.
BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
Jr. Member Online
Activity: 42
the next 5 years are critical.
bitcoin price is falling rapidly by day,I wonder will it stop falling or will continue till we are back to $1 per btc? What will happen if hard fork occur?will btc price touch the bottom? Or is it just market manipulation to take advantage of this confusion?
Seeing how you have no faith in bitcoin at all. I guess you are the one who sold all your coins during bear market period in early 2015 when bitcoin dropped to $185. Yes, fork might happen, split can happen, but even then you will be able choose the winner – BTC or BU. And I guarantee you, market will catch up very fast. There won’t be void. Current rough period of instability and fud is a blessing if you want to purchase relatively cheap coins.
Cmon man we both know that you can not guarantee that at all. A bear market after a hardfork is very likely, just like ethereum. Trust is lost when a fork occurs. Traders dont know what happens next so they are hesitate to buy= bear market.
BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
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