I'd expect to see BTC sub 2k, about 1800-1900.

when panic news sell can pullback at around 40%, previous forking around 40% range

hopefully there aren't any unexpected decision flips.

forking panic sell, from 1300 to 850, roughly 35%

got it from here.
http://www.zerohedge.com/news/2017-05-25/c...ever-re-emerges

there was another site which records down everything from day of birth for bitcoin. 
here : https://99bitcoins.com/price-chart-history/
i studied it, guess the max it can pullback is around 40% (1-2days max can crash 40%)
40% crash already send those margin traders to heaven again and again. exchange boss clapping hand when margin called

the only way btc can go into bear cycle is when chinese government ban their exchange for withdrawal.

yes
it's forking fears. like the event on August 1st.

irregardless of got fork or no fork, i think exchange cartels will push BTC down to sub 2,000 levels.
plenty of margin traders gonna see the heavens   

1700-1900 area very thick buy for these few months d. i dont think sellers dare to sell near there.
so thats the best entry price
even if we take $2600 price range x 70%, it's around $1,750.
max they hammer kawkaw 30-35% it's around that area.

and all of the above assuming no unexpected events

think of this. if yesterday btc is 2600.
today becomes 1800. all the big buyers jumped in and buy it.
what happened to seller ?
seller got burned badly. so seller don't dare to sell way too low.

and btc market capitalisation is the biggest of all, which makes it the most expensive one to short in a bull market.

all the drop is massive dumping by whales (probably exchange cartels) to kick those margin traders.

I just put an analogy. if wootz were to liquidate, he would not dump 20k ETH in one blow because it would simply collapse let's say $70.
genuine sellers always want to sell high. not sell low.
so they would sell bit by bit over some period to get better price, sell more on the top area.

but I've seen far too many times when btc crashes u see waves of 100-200btc being dumped onto buyers in flashes of seconds.
buyers cratered layer by layers until eventually sellers got too close to massive buy wall.
buy wall could also be the sellers themselves.
by whacking anything in between to faint and die like margin traders, they pick up their position at a much lower price.
then sellers squared off, closing their short positions and things get "normal" again.

usually this punching, hammering has its own range, around 30-35% for BTC is a very much safe range to get in as seller themselves already exhausted

this range has been maximum pullback range for a couple of years now.

but other coins range is different. ETH 40%. ANS 50%. others might be more.
btc is volatile but because it's established position as money and practical usage it won't crash 50% as long as all the exchanges are intact and serving all continents.

dunt take my word for it. do ur own homework n calculate fluctuation for those established, with practical usage coins, with large market capital.

2year maximum swing range. should be more volatile as this price is average price, so it does not compute the volatile maximum range.

got plenty of sites with chart.
those with margin trades are of course more volatile, swings more due to margin. Like BitFinex, POLO.

the things that i told u is not day trading, and it's not technical analysis.
it's purely price observation only.

it's like you ask the aunty for the fish price. because aunty always observe fish price according to season, according to fisherman mood.
is it cheap now ? is it expensive now ? is it super LELONG price now ?
it's about the price, price & price.

I hope it continues to crash till after 1st August.
Would really love to load up more on ETH. I already sold off a significant portion of my ETH for PAY and ANS, so I need to replenish my stash, hopefully on the cheap.
USD 150 or below would be very nice indeed.

I see ETH dropping alot, good time to stock up more?  

You can hedge by mining Bitcoin again, but with Segwit via BIP141 or 148.

This message is for all miners out there. No one indeed can predict future, but theres a good opportunity when crisis like this happen, with Bitcoin.

If you currently mining altcoins in which the value has dropped and facing uncertain future, Bitcoin with Segwit is one way for you to at least hedge your hardware investment. Pay bills etc.

Mine on your own or join pools like Slushpool (founder is one who design Trezor).

For users and investors, same strategy is to hodl. You dont want to put your Bitcoins in exchange as you wont know which chain each exchange will follow in case of split. Even though they announce supporting any particular BIP, decision may change anytime, without notifying users.

For maximum protection against Bitcoin chain split:
1) Run your own full validating Bitcoin node. Don't trust. Verify.

And no, youre not gonna compete with Bitmain, as the announced they will be mining their own altcoin via hardfork. Mine Bitcoin with Segwit and run your own full node to keep Bitcoin decentralized, censorship-resistant. Immutable.

I, for one, not gonna transact anything that's Bitmain related in case theres a split or hardfork. Segwit2x just forked today a week before full deployment. Not planning to put my coin on that chain. Im good with Core.

BIP148 - http://www.uasf.co/

Sekian.

Nope. They were testing Segwit2x very own testnet.
Mining seems to be stuck https://www.reddit.com/r/Bitcoin/comments/6...erably_forks_a/

A 'big if' ever Bitcoin is to split/hardfork, you should be worried if you hold any coins on top of BTC eg. Omni. Even worse, crypto on top of Omni, USDT.
They may halt USDT withdrawals or exchange to fiat.

Good news indeed.
But the 400k can last for how long?
Hope this news is reflected in the price of SC increasing!

So your investment strategy is to sell when prices are going down?
As in, buy high sell low?
That's very......unconventional, to say the least.

Fast forward 10 years from now, today's chart is nothing but a fraction of the 'kaki bukit'. Overall cryptocurrency and blockchain will explode in usage and adoption, lots of capitals will be poured in. It's an unstoppable force. A paradigm shift. If you have invested and hold more than RM100k in these few early years, 10 years later you can retire liao. You probably can't get this kind of return anywhere else except if you run a successful business, which imho is many more times difficult.

Bearish only for short-term or even mid-term traders, which like you said, have to accept the volatility. But I saw people saying you can still make money by shorting the bearish market like stocks/forex, although I'm not sure how it works in crypto.

He was saying that this is the time to sell, not buy.
And when I asked him whether he was serious, he replied "dead serious".
I don't know whether he was just being sarcastic, but some newbies might interpret it the wrong way.
That's a dangerous advice to give.

Old man's nostalgia 

You're right in that nothing is certain, that's why the only thing that is certain is 'change'.

Blockchain and crypto are not just about finance or technology, this is happening in the midst of a society that has lost its direction. It is an instrument that is in dire need by the people, in a time when technological unemployment and social unrest are rising, old economy is collapsing (global debt can never be repaid) and rulers/elites put more and more control and pressure on the people.

This is liberty. A global revolution. Decentralisation of the powers that be.

Elon Musk, Ray Kurzweil, Bill Gates, Stephen Hawking, Jack Ma, and many other that I consider the 'friendly' elites (in contrary to the hidden elites), have openly talked about the social breakdown and how the system has to change for the better or more and more people will suffer.

I think blockchain tech will inevitably be mainstream, just don't know which blockchain(s) will survive in the end just like the Internet during the dot com burst. It'll be the fundamental layer of reality itself, not just Web 3.0.

For the time being I think cryptocurrency as whole will have to bear the bear market until Bitcoin got their shit together, with several chain splitting possibilities down the line until early next year I think?

What's up with SegWit vs Segwit2X? From my understanding SegWit on 1st August is pretty much is a given, since both parties has reach to the same consensus as of now. So minimal splitting chances on 1st of  August. The issue is the SegWit2x part which due to activate around 3 months after SegWit activated(so around November?). Majority of miners are on SegWit2x, but core devs are not so split still may occur. Is that right or did I get that completely wrong?

wee siacoin 20%... gonna get out of lubang hitam and get my 20% return wakakaka.

Another round of pump and dump?

Yeap, it's a blessing in disguise for those who manage to haul some deep fish like BCN , up 60%

Well, we still have to remember 1st August...

This green sea as all of us experience only last like 24 hours... then all the way become Red Sea again..

Those who are into profit taking , sell it then wait another Red Sea n buy

Those who are Long term hodl , keep on accumulating
Depend on ur investment strategy
U want a profit taking first, then buy again when it drop ( it will drop soon anyway lol 😂 ) but of course it can go back to its prime about 4 weeks ago...

[B]

Fortune favours the brave!
I out of bullets and no guts so dare not pump in fresh funds
Hope this round can sustain a bit. Cos the trend looks like short spell of green followed by long spell of red

Anyone who's holding siacoins? May I know why it's so popular? Based on its tokens in circulation, if it manages to reach current Ether's market cap, siacoin will be worth $1.30 which is around 146x its current price. Is this the potential that people are seeing?

I dualmining ETH + Siacoin lol. But can't see much value from Siacoin yet.