Bitcoin Forum

I guess both split and fork sagas are finally finished. I hope the community has blown out some steem, trolls and speculators have been busy these days and I hope now we can get back to the growth and relative stability we have had before.

What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?

It was quite the build up of stress wasn't it?  The whole forum was biting their nails.  At last, we have forked it up and now all is well and blissful again.  Watch values skyrocket now!


Cheers to a peaceful road, for now.

✨🦋✨🦋✨

i think there may still be some minor disturbance in the market and consequently some more fluctuation and delay to reach $3000 because it mostly is too soon to start speculating normally. the speculators are also enjoying this as they see the big swings as a way of making money. but since the general movement has been towards up it is easily possible to reach $3000 this month as the drama slows down and fades away.

and after that it will be a big rally and no more small rises because it was kept down for a long time.

I wouldn't say the fork saga is finished. The split has happened, but the dust hasn't settled. The markets are still extremely illiquid (the major exchanges like Bitfinex still don't have markets up), and BCH block intervals are very long for now, until difficulty readjustment. In time, things could get a bit more interesting. I don't think BCH has much chance to overtake Bitcoin, but we could see some "network split" effects on the market, and there could still be some turbulence.

My take on the market consensus is that most people thought (and still think) that Segwit lock-in and post-August 1 = time for moon. Time will tell; I've got an open mind.

Well, it is what it is, it can't be undone now. Though the fork is not really or officially happening because it will be official this November where another debate will happen. That time we can also decide to save or to dump BCC.

I think the rise of bitcoin starting today, after yesterdat It almost reach a $3k and drop again to around $2,6 and right now its start to recover little by little. Or maybe we'll see the discount time again, so we can buy more and profit more. But I wonder how the alts have a significan grow while the btc is falling down. Are you guys holding Bcc? because the starting price is high.

I am expecting that cryptocurrency coins are going to go up now., Yes I do believe that Bitcoin will see 3k dollar BTC soon when it stabled already. Yes also for alts as it usually reflects on BTC. Yes again for investors. And soon enough for the fork not in BTC though.

To be honest, the fork that happened did not affect me anything at all. I was expecting for the price of BTC to drop but to my surprise, it even increased! The only thing that bothered me was the delay of payments made by my wallet since they closed all transactions for one day (to prevent any bugs, etc). Many people might hate me for this but I think that the fork that happened is only a conspiracy to let people panic sell their bitcoins, thus resulting to a lower price in the market. But this is again all speculation, no evidences and proof to support my claim.

Yes mate! We have now been entertained. Honestly, I feel this whole fork drama was just too hyped. Probably a lot of lessons were learnt during Ethereum fork which is making this whole process of bcc fork going smoothly or the way it was portrayed wasn't just that crazy. A lot of mental energy and stress has gone down into this. Now that we have it, I hope we start heading to the moon.

Nope. The real drama hasn't even begun yet. The biggest hurdle has always been the 2x deployment part of segwit2x that's due in 3 month's time.

Well BCC s got it right, Litecoin s got it right, all I see in 3 months is another opportunity to short, make money on it and get out of it even more loaded. :)

and the mempool drama of whenever segwit let users actually use segwit keypairs.

The split has been finished but the BCH network is still unstable takes a long time for transactions can be confirmed. But people can trade BCH in another market who is accepted BCH to BTC. The drama has ended its time for traders to revive alts. And also hope that this can make the BTC through to the price of 3k

Indeed, this is backed by all the corporate elements in Bitcoin (as well as miners). Businesses act for their users, so if they unite behind a hard fork along with miners, they could probably take a lot of the economy with them. I imagine they collectively have a lot of money to market their plans to the public as well.

I guess now that we are over the BIP148 hurdle, we have three months of arguing and FUD heading into the proposed November hard fork. :D

Nope. I wasn't entertained. It was a huge mess. Lol. For the meantime, everything is back to normal and we can do business as usual but we cannot assume right now that everything is really ok. We need to wait for a few months to see when will it all become stable. We should be more extra careful for everything.

If bitcoin hadn't forked we would be over $3000 now.

+1
And the biggest drama is that Chinese brothers are getting ready for 1st of November with their BCC/BCH shit invented lately ;)

Because Chinese brothers are touching "gently". If bitcoin price crashes NOW they are going to lose billions. When they pump enough into their new shit called BCC/BCH they will hit just on time around 1st of November ;)

Still bitcoin was not stable to its value. There are time that it increase high and there are time that it decrease again and back to its normal value. I think other altcoin affected on it whenever there is a pump and dump to the value of bitcoin. Iam not holding bcc because i think it may decrease soon. I much prefer in holding bitcoin.

It is now finally over and everybody has been back to their senses. The panic attack was quite stressful affecting bitcoin's price but everything is now okay. Hopefull BTC wi rise to more than 3000$. And it is possible until the end of 2017. Cryptos will also become valuable ofcourse.

No. "Business as usual" means you can actually take delivery of your coins. But as far as I know, no exchanges are yet allowing deposits or withdrawals of Bitmain Crash coins, no doubt due to the complete lack of any halfway-reliable wallet software (many Bitmain Crash nodes outright crashed during the fork, and while nobody seems to be investigating the cause too closely, there's speculation that that initial 1.9MB block was just too much for low-memory systems) and questions about the stability of the network itself (there seems to be something strange going on with their miners; I suspect they're exploiting a flaw in the new, untested difficulty adjustment mechanism). As a result, there is no "real" trading of Bitmain Crash coins, which may be significantly overvalued due to the fact that nobody can send their coins to exchanges to sell them.

Expect much more entertainment to follow in the coming days.

Yes, we can finally focus on Bitcoin transition to 2M in November so it goes smooth. The Aug 1 BIP148 was distraction from small blockers trying to mess up Bitcoin, but fortunately Bitcoiners saved the day with SegWit2x activation.

Now, most of the talk would go back again to how much bitcoin can rise given that no setbacks were encountered yesterday. People might talk about Bitcoin Cash for a while but bitcoin would still command the bigger attention, as always. We might see alts rising side by side with bitcoin, because the lure of making more money is more irresistible now. Right now, I am expecting the price to make a rally towards a new high even if there some resistances along the way.

Well it was scant value in terms of entertainment, but I suppose we're all breathing a bit easier now. I was most curious about LBC and other exchanges in my country who almost completely ignored this period - but they also appear to have made it across the line without glitches. Business as usual indeed.

I think everything will go smoothly now, so we don't have to do a thing with preparation. BTC is already prepared for that. And yes, just as stated in the thread name, we can finally have the usual things done. I guess the transactions are now accessible, so we can buy, sell, send and do whatever we want to do with the upgraded bitcoin version.

Easy does it. There's gonna be a lot of pushback against a hard fork, especially one so rushed as three months. I think even if we were talking about a hard fork 12 months out, you'd have significant opposition from most Core devs. If bitcoin businesses and miners follow through and push an 8x hard fork in November, there will definitely be a split. Unfortunately, the businesses have lots of money backing them, and lots of money to spend. Either way, things will be interesting. Don't expect it to go smoothly.

Its really a long journey to achieve all this and I cant wait to start reading testimonies about how this whole exercise has payed off in several ways starting from the reduction in transaction fees and the increased confidence in the price of bitcoin which should metamorphose into increase in its price couple with other adoptions around the globe. All these, I am expecting to happen in due course for all this to worth it eventually.

To be honest we won't be totally out of the drama until around the end of the year, and even then there might be some more to come. 

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You can expect a bear market sooner or later.  Everyone is convincing themselves that $2700 is a price "drop" and that is a really bad sign.  With the hype of a 2MB hard fork with moderately low consensus, there might be a lot of confusion as well.

It's also possible that BCH will get dumped when Bittrex allows deposits, or that there will be FUD years in the future about whether BCH is going to "take over".  Perhaps both could happen.

Yes, recently no one could foresee how further developments will develop and what to do next with the crypto currency. Therefore, the market felt insecure and a slight panic. Thank God, everything is over. Now the market will revive, which is already felt by the growth rate that bitcoin, or altcoyin. However, it is necessary to remain cautious and not take any risks.

Was entertaining but not for those who lose when they panic during the bear trap. BTC dip almost less than 2k and suddenly went up and some did panic to sell and save thier money but found out it goes up eventually. It must be frustrating to see how things happen.

But I'm glad I still have BCC. I gained a lot I should say.