Will Bitcoin sink below 2000?

in #bitcoin7 years ago

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What's your thoughts on BTC steemit fam?

Dying? Upcoming uncertainty from 8/1?

Buy time? Unload time? Hold?

I'm not the biggest BTC fan but wanna hear what you think, much love!

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It might drop down to the $1.7k - $1.8k range. Sell some now, safely store some in a wallet and keep some on an exchange. That's a good strategy. Always be ready to buy more when it dips. BTC is here to stay. It will grow in the long run.

Agree with this statement.
Long run: It will be much higher, especially after the improvements provided by segwit2x and BIP 148.
Short run: It will fall down due to the uncertainty of a chain split, hacking, etc. due to segwit2x and BIP 148.

Yes, buy the few days before aug 1 🙌🏼

Upgrading of the Bitcoin system can cause bitcoin to drop down but I don't think to that extent..

Turn it into steem power, Invest in yourself and a platform that is going places and that you have a stake in.
Cheers