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There are some people here who believe that BTC will crash on

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Thread replies: 17
Thread images: 2

There are some people here who believe that BTC will crash on August 1.

Can somebody explain why it could possibly crash?
>>
A most likely scenario that BTC will hold or even rise today because the sell walls are mostly gone to get free BCC so the road is clear and people are still buying to get free BCC and alts will dip even more and at August 1 people will see the high priced BTC and low priced alts so they will sell their BTC and BCC and buy back into cheap alts.
>>
>>2915473
>buy back into cheap alts
This meme only exists on biz
>>
>>2915473
Because BCC won't be created out of thin air. That's a value that is going to be taken off BTC.
>>
>>2915523
>BTC + BCC price = $3000

reli meks me tink
>>
>>2915499
And yet alts are actually tanking right this second. I mean I suppose people will buy into them now and forgo the chance at garnering more BCC (BCH) but it seems unlikely.
>>
Which alts tho? What's the guarantee that the exact same alts that you got out of will pump after the split shit is resolved?
>>
>>2915543
All of them?
>>
File: 1495476730867s.jpg (7KB, 225x249px)
1495476730867s.jpg
7KB, 225x249px
>>2915523
This. BTC's market share will spill into BCC. BTC will take a hit.
>>
this whole fork thing seems like a bubble
rationally a fork should instill a great deal of uncertainty
the opposite has happened, everyone got in due to muh free money
>>
People have been selling alts to buy BTC to get "free" BCC. Other people have been holding off selling BTC for the same reason. While there is institutional money wanting to buy in, they will wait for a clear winner to emerge. BTC is bound to drop on Aug 1, before a sharp recovery.
>>
Thanks everyone! Will not buy BTC for now. IS August 2 a good time to buy? How low do you thing BTC will dip?
>>
>>2915603
Just wait and see, fampai. Buy lots of glue and eyelid stretchers cos you're gonna have to stick to the monitor for a good week starting August 1.
>>
>>2915603
You better buy now for a 10x return.
It's not going back to $2500.
>>
>>2915651
It might if something actually supports BCC and makes a market out of it.
It really just depends on if any of the mass supporters of BTC (Donations, illicit trades, stuff like porn banned from paypal) actually jump ship.
I can't really see that happening. They don't really like change, generally. But it's possible.
>>
>>2915523
yes it can, I'm pretty sure having two chains means twice the coins
>>
>>2915651
i just sold all my btc (1.1). because i have a gut feeling its not going to hold at 2800 and will crash. screencap this post will i turn out to be retardo?
Thread posts: 17
Thread images: 2


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