Will bitcoin go below $1000 and a good time to buy is coming ?

in bitcoin •  8 years ago 

Hello my friends,

I am yet to buy a bitcoin, based on market trends, is it like bitcoin will go to below $1000 and a best time is coming around August 1 ? I am hearing that a hard fork is coming on August 1 and it may result two chains ? So is it safe to buy before August 1 or is it better to wait after August 1 ?

Also I hear that some people say it will reach 1 million dollar a day, is that true ?

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8 years ago by

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      ·  8 years ago 

    SegWit2x + 2MB block size a few months after is what's likely going to happen. Wait until the price dips. If the $1.8k level is broken, it might test the $1.5k and if that's broken it might go even lower. You never know.

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        ·  8 years ago 

      Thank you , will watch and see. Which exchange is best ?

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          ·  8 years ago 

        I would say wait until end of August
        Even if the Blockchain is split it will have solved the problems of the transactions, and therefore one or two different Bitcoin but stronger.

        I think in September or everything will go up again.

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            ·  8 years ago 

          Some sites are saying, even exchanges would stop trading, if it goes very low, is that true ?

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              ·  8 years ago 

            For the moment the users sell by fear

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                ·  8 years ago 

              But the whole bitcoin price is driven by the demand and supply as I understand. So if more people will sell, then it will go down further, isn't it ?

              Right now I am just earning some of them playing free games at https://freebitco.in/?r=5333508 and creating a network.

              Will wait till August.

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                  ·  8 years ago 

                If the price drops you buy
                After 4 August not before or you can invest in other crypto

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                    ·  8 years ago 

                  Thank you a lot.

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