Bitcoin. Is this the deciding moment on price before the fork?

in #bitcoin7 years ago

Notice that all the moving averages are lining up at T2. I think this will be the point that decides $2950 or $2450 before the fork.

What do you guys think?

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It is really about time that these people and what they are really planning be exposed to the public so they can not anymore create fear and push many scenarios that can affect the real Bitcoin. They all have the freedom to introduce any coin that they want but it should not be at the expense of the real Bitcoin. Just adopting the name Bitcoin will not masked their real intentions. Now, this can all be about money, after all. I always hate to think that there are people in the Bitcoin community who are only thinking after what they can get regardless of what are the possible consequences. Anyway, let's just watch what can be on and after August 1...the day we will always remember.

I agree with what your saying. There is a huge amount of misinformation flying around and of course it is to do with money, everything is.

But I meant from a purely technical standpoint. The next movements in my opinion will decide the price until August first. Literally 2 minutes after making this post BTC took a small dive which I think is indicative of whats to come.

Do not confuse this with me trying to say BTC is in trouble or anything of the sort. You have nothing to fear about August first. If the value of your BTC is split between BTC, BTCC and BTC-U your investment will almost certainly still be in the green.

In the end this will go down in the historyblocks as the beginning of mainstream crypto.

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