The Proximity of August 1 ? Bitcoin, Ethereum and Zcash fall again

in #english7 years ago


Bitcoin, Ethereum, Zcash, Litecoin and Ripple fall in value, days before the implementation of SegWit2x in Bitcoin, after the interesting increase a few days after the acceptance of the BIP 91 miners.

The market for crypto-coins has been stable for quite a few days, Bitcoin rose to € 2900, after more than 80% of miners turned to BIP91 and the acceptance of SegWit2x was confirmed.


Ethereum, Zcash, Litecoin and Ripple, have relaxed these days, rising above $ 250, Ethereum and Zcash, at times. The market has moved in a linear fashion, with purchases and sales, but without major upheavals, we could talk about relative calm until next August 1, which would be when Bitcoin would switch to SegWit.



Today the fall is very strong, in Bitcoin, Ethereum, Litecoin, Ripple and Zcash, although none are saved, only Dash is saved, who has risen a lot of value these days, passing the $ 200 barrier. Dash, while all the coins were moving in a stable, suddenly yesterday rose a lot and has been relatively stable, although large packages of crypto-coins are being sold. Except Dash, as we say, all crypto-coins have the same pattern, which makes us wonder why this strange movement.


There could be two explanations. The first is the proximity of August 1, which would cause many to sell packets of crypto-coins, so they could go through and then re-operate, freezing in this case assets and then what has been released a few hours ago , By ViaBTC, which says that a forced bifurcation of Bitcoin is required, thus generating Bitcoin and generating Bitcoin Cash. This kind of demand would have caused great discomfort in the market and would be punishing this idea or this output of pot.


It is necessary to emphasize that after the testnet, the bifurcation of Bitcoin, seems quite probable, reason why it is not logical this strange movement. Also note that these movements are quite normal and are usually given from time to time, but this case would be forced by ViaBTC, which would have put salt in the wound. We must stay calm and wait for the events that will happen on August 1, after the implementation of SegWit2x in Bitcoin. Ethereum and Zcash, could be triggered that day of value and the rest of Altcoin could get on the stone, gaining value, but more moderately.


Image by Giphy



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Jaime William

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The Fall Called,"The Transfer Of Wealth From Your Pockets Of Hope To Their Pockets Of Greed" Yes It's Coming To All !

thank you jaime

Thnk you too, a hug!!!

We will be fine. We are 100% in altcoins and have almost zero BTC. If it drops, so be it.

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