Will bitcoin go below $1000 and a good time to buy is coming ?
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 ?
Good!
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.
Thank you , will watch and see. Which exchange is best ?
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.
Some sites are saying, even exchanges would stop trading, if it goes very low, is that true ?
For the moment the users sell by fear
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.
If the price drops you buy
After 4 August not before or you can invest in other crypto
Thank you a lot.