Bitcoin Forum

Economy => Speculation => Topic started by: lelou on June 06, 2017, 03:52:56 PM



Title: segwit effect on bitcoin price
Post by: lelou on June 06, 2017, 03:52:56 PM
(im noob dont bash me, if this post is nonsense just delete this admin  :) )

what is your price prediction for bitcoin before, (during?), and after segwit activation?
And what are your thoughts about bitcoin unlimited (BTU) current price: 200$
As I know (correct me if Im wrong) BTC holders will take 2 coins BTC and BTU depending on the price of bitcoin. Let's assume that the price of bitcoin is 10000$ you will get 7000$ worth of BTC and 3000$ worth of BTU.
should I sell my bitcoins before or after segwit?

feel free to reply pls

thanks, :)


Title: Re: segwit effect on bitcoin price
Post by: FiendCoin on June 07, 2017, 02:32:10 AM
Hodl in your own wallet before August 1st and be careful of transactions afterwards until SegWit is completely activated on the main chain (whichever one that happens to be)  ::)

Bottom line, safer to wait and see if we have a chain split or not after Aug 1st.


Title: Re: segwit effect on bitcoin price
Post by: hase0278 on June 07, 2017, 02:57:09 AM
I guess you should sell your bitcoin after segwit since price would be higher if it is really the solution to slow confirmation times of transactions (whichever one is decided). For now just wait and see if a chain split will happen or not but personally I think that there will be no chain split by the time either segwit or BTU is implemented but I might be wrong.


Title: Re: segwit effect on bitcoin price
Post by: RoommateAgreement on June 07, 2017, 03:26:27 AM
we can't say anything about during SegWit or the first days, it may be a huge rise or it may be nothing. but in long term price will rise because Segwit will put the scaling issue behind us by solving it and that is good.

about BTU i have to say the coin doesn't exist, if you are trading it you are just trading something fake that the one exchange added to make money!!!

and in case of a split you may not get the same price. in your example if price of bitcoin is $10000 and a split happens you may get two coins one worth $2000 and the other $3000 with a total of $5000!


Title: Re: segwit effect on bitcoin price
Post by: Oralmat on June 08, 2017, 02:36:19 AM
we can't say anything about during SegWit or the first days, it may be a huge rise or it may be nothing. but in long term price will rise because Segwit will put the scaling issue behind us by solving it and that is good.

about BTU i have to say the coin doesn't exist, if you are trading it you are just trading something fake that the one exchange added to make money!!!

and in case of a split you may not get the same price. in your example if price of bitcoin is $10000 and a split happens you may get two coins one worth $2000 and the other $3000 with a total of $5000!

The few places that I actually saw where BTU was a purchasable/tradable object it was put out there as a safe way to make it through the forking.  There were a few forums where someone was offering this as a token of some sort, only buyable through a link to a site that was very young and only offered that single item.  


Title: Re: segwit effect on bitcoin price
Post by: BitcoinPC on June 08, 2017, 02:00:46 PM
we can't say anything about during SegWit or the first days, it may be a huge rise or it may be nothing. but in long term price will rise because Segwit will put the scaling issue behind us by solving it and that is good.

about BTU i have to say the coin doesn't exist, if you are trading it you are just trading something fake that the one exchange added to make money!!!

and in case of a split you may not get the same price. in your example if price of bitcoin is $10000 and a split happens you may get two coins one worth $2000 and the other $3000 with a total of $5000!

It was mostly implied that by buying the BTU token, you were moving your funds to a side chain of Bitcoin and that after Bitcoin is forked and the consensus settles on one side of the fork or the other, then the BTU token could safely be moved into either of the forks, whichever one has won.


Title: Re: segwit effect on bitcoin price
Post by: 1Referee on June 08, 2017, 02:37:54 PM
what is your price prediction for bitcoin before, (during?), and after segwit activation?
It's impossible for anyone to say. I honestly didn't even think we would reach todays price without having Segwit activated. I think the closer we come to the potential activation of Segwit, the more optimistic people get, and thus the market will move up in advance of what's going to happen. After successful activation, the price will just continue going up, but now without an obstacle such as raising the block sizes to worry about.

And what are your thoughts about bitcoin unlimited (BTU) current price: 200$
It's sh!t.

As I know (correct me if Im wrong) BTC holders will take 2 coins BTC and BTU depending on the price of bitcoin.
In case there will be 2 seperate operating chains after an unsuccessful fork, you'll end up with the double number of coins - example; if you had 10BTC before the two chains seperated, you'll have now 10BTC on each chain, and thus 20 coins in total. But the thing is, one will remain the real Bitcoin, and the other will be nothing more than an altcoin.

Let's assume that the price of bitcoin is 10000$ you will get 7000$ worth of BTC and 3000$ worth of BTU.
If 1BTC is valued at $10K, then you'll still have your 1BTC that's worth $10K, but you also have the altcoin with its own value. I don't understand how you miscalculated so badly? It's just basic common sense stuff.


should I sell my bitcoins before or after segwit?
That's up to you. I personally would not.


Title: Re: segwit effect on bitcoin price
Post by: Wipro on June 08, 2017, 02:41:55 PM
I guess you should sell your bitcoin after segwit since price would be higher if it is really the solution to slow confirmation times of transactions (whichever one is decided). For now just wait and see if a chain split will happen or not but personally I think that there will be no chain split by the time either segwit or BTU is implemented but I might be wrong.


After Segwit and BU has been implemented on bitcoin. Price is moving upwards and almost bitcoin is touched to 2900$ in recent days. So don't sell it out. You may noticed the Segwit has been activated on litecoin in last month and Segwit 2x support is implemented. These would support the bitcoin to grow more.


Title: Re: segwit effect on bitcoin price
Post by: gentlemand on June 08, 2017, 03:07:34 PM
Everything depends on how Segwit is activated, not whether it activates.

If it's done along the original 95% lines, which is 100% unlikely, then everyone rejoices.

If it's this Seg2xHF or whatever, if that still insists on hard forks and closed door meetings then I think confidence in Bitcoin will fall.

If it's UASF that results in two chains then it's mushroom cloud time.


Title: Re: segwit effect on bitcoin price
Post by: Meuh6879 on June 08, 2017, 04:34:40 PM
Segwit, it's like Firefox when Internet Explorer reigns.

http://imagizer.imageshack.us/a/img923/7715/bBmr2M.jpg


Title: Re: segwit effect on bitcoin price
Post by: lelou on June 11, 2017, 05:25:34 PM
Let's assume that the price of bitcoin is 10000$ you will get 7000$ worth of BTC and 3000$ worth of BTU.
If 1BTC is valued at $10K, then you'll still have your 1BTC that's worth $10K, but you also have the altcoin with its own value. I don't understand how you miscalculated so badly? It's just basic common sense stuff.

lets assume that you hold 1 bitcoin worth 10k$,assuming that the value of the bitcoin after segwit activation stays the same as the price now, so you get your original number of your bitcoin (1) still worth 10k$ + you get a free altcoin with different value? is this what you mean sir?


Title: Re: segwit effect on bitcoin price
Post by: dothebeats on June 11, 2017, 05:33:25 PM
Depends on how the market reacts, but I'd go neutral by then and just hold into my coins before doing something that I might regret. Most pools are supporting segwit over BU, but the difference between the two is not far from each other. Whichever the case may be, the market will still decide the price and not the fork that we'll be having after August 1st.


Title: Re: segwit effect on bitcoin price
Post by: 1Referee on June 11, 2017, 08:26:43 PM
lets assume that you hold 1 bitcoin worth 10k$,assuming that the value of the bitcoin after segwit activation stays the same as the price now, so you get your original number of your bitcoin (1) still worth 10k$ + you get a free altcoin with different value? is this what you mean sir?

You got it. Important to note is that this only goes up for coins you had before the chain split has taken place. If you buy Bitcoin after the chain split, you'll just have one Bitcoin, but not the altcoin.


Title: Re: segwit effect on bitcoin price
Post by: BartS on June 12, 2017, 05:28:17 PM
(im noob dont bash me, if this post is nonsense just delete this admin  :) )

what is your price prediction for bitcoin before, (during?), and after segwit activation?
And what are your thoughts about bitcoin unlimited (BTU) current price: 200$
As I know (correct me if Im wrong) BTC holders will take 2 coins BTC and BTU depending on the price of bitcoin. Let's assume that the price of bitcoin is 10000$ you will get 7000$ worth of BTC and 3000$ worth of BTU.
should I sell my bitcoins before or after segwit?

feel free to reply pls

thanks, :)
The price will skyrocket, I think there is the potential for bitcoin to double in price after a few months of segwit being activated, but the best part is that bitcoin will become usable once again as currency and that will be great for all of us.


Title: Re: segwit effect on bitcoin price
Post by: azguard on June 15, 2017, 07:29:53 PM
(im noob dont bash me, if this post is nonsense just delete this admin  :) )

what is your price prediction for bitcoin before, (during?), and after segwit activation?
And what are your thoughts about bitcoin unlimited (BTU) current price: 200$
As I know (correct me if Im wrong) BTC holders will take 2 coins BTC and BTU depending on the price of bitcoin. Let's assume that the price of bitcoin is 10000$ you will get 7000$ worth of BTC and 3000$ worth of BTU.
should I sell my bitcoins before or after segwit?

feel free to reply pls

thanks, :)
The price will skyrocket, I think there is the potential for bitcoin to double in price after a few months of segwit being activated, but the best part is that bitcoin will become usable once again as currency and that will be great for all of us.

It should be price jump, maybe not so big and sudden but price increase will be eminent with activation. It could be like LTC price jump or it can be much bigger, also it may be that price remain as it is for some time maybe few days or weeks and then sudden price increase will occur.


Title: Re: segwit effect on bitcoin price
Post by: cluit on June 16, 2017, 03:04:31 PM
This is a very silly little scam, and I only saw it a few times.  the fact is that a forked coins tokens either will or will not survive a fork, depending on how the parent coin is coded, the fork is coded.  There is no separating a single token from the side chain family and making it survive a fork when nothing else can, it will do the same as all the other side tokens.


Title: Re: segwit effect on bitcoin price
Post by: mrayazgul on June 16, 2017, 03:13:49 PM
This is a very silly little scam, and I only saw it a few times.  the fact is that a forked coins tokens either will or will not survive a fork, depending on how the parent coin is coded, the fork is coded.  There is no separating a single token from the side chain family and making it survive a fork when nothing else can, it will do the same as all the other side tokens.

The only exception would be a side token that is specifically handled in the parent code of the surviving fork, and if there was one of those in Bitcoin, you would have seen page after page about it here.