Bitcoin Forum

Hey guys, any member who could explain what will be happening when Bitcoin will be  having a hard fork for the second time around?
Will it create a panic selling or a panic buying? haha ??? ;D ;D

Thank you for anyone who will answer this.

The gates of hell will open and suck all your money in! Will cause huge panic selling! will be bloood on the streets of crypto!

Lol great exaggerating the things that could happen with the upcoming hard fork, well there is no violence that will ever occur but there would be plenty of people that will sell out of fear and the price would go down that is for sure, but I think segwit's gonna be ready for that again, and if the panic selling would occur they will sure activated the buy in bitcoin so the price would not gonna end up crashing down, let's just say that this kind of event are surely risky so just put your bitcoin on a safe private key so you can be sure that it is all OK.

You are definitely one of those who want to buy them at low price. It decreased a bit though, and probably will keep that way till this 2nd hard fork. Hopefully it gives some more increase in value of the bitcoin, and resolves the transaction issues that exist.

Wahahaha!
I think you're ready for it. even it will be bloody looks like you will suck your own blood no matter what. lol

Gonna buy another portion once the value go down! But you should sell your coin first once in hits $5000 then after that buy and buy and buy. not bye! lol

panic has always been a part of bitcoin, the only thing that changes is the reason for that panic. and it is always the idiots who panic and their first reaction is to dump. it is like they have a big red button that says dump on it and they press it as soon something happens!

I guess having another hard fork in the future will no longer cause chaos but it will surely support bitcoin. Bitcoin today is not yet ready for the hardfork as it is not healthy for bitcoin. But the hardfork that possibly will be released in the future maybe programmed to support bitcoin and will not be a very big problem.

I think it's will like hf part one and i heard issues bitcoin will split again but i don't know surely

Lets just enjoy the show.
It is not fun nor worry.

It will just anotger way to make money, so it may be bull or bear,
Just enjoy it.

Pretty much everyone in Bitcoin community is sick of all the drama and uncertainty, we need to settle on something...

yeah! i think you're right with that.
because some afraid of losing there money they will sell their coins and after a fast recovery they will just be shocked!
year 2015 the value was $400 and just a span of 2 years it reached $4000 which is x10 fromthe past 2 years

But you already know what the best trading strategy for Bitcoin is. "Buy the dips". I cannot wait for another "market crash" to happen. The best part is we have another opportunity to split our coins.

People learned from the previous hard fork. They will hold more bitcoins thus more buy orders or pump will happen. Those bitcoins will be free money once the hard fork happens. I am betting there will be a price hike as we near November.

is there any risk of loss in bit coin ??? ??? ??? ???

Yeah! you're right, many learn from the past hard fork which actually did not give a threat to them. That fact is that they used that hard fork to earn more bitcoin using BCH.

Last time I sold the BCH too cheap because of all the FUD around it.
I thought BCH would crash right away, but it rose to allmost 0.5 BTC.
This time I am Holding the new coin and will wait and see what will happen.
If you hold both and one would take over the other, no money was lost.

To save rehashing too much of a conversation that's already been had, there are already a few threads on the proposed November fork.  This one (https://bitcointalk.org/index.php?topic=2075297.0) is reasonably informative and this one (https://bitcointalk.org/index.php?topic=2090805.0) slightly more so.

It's likely there are still many developments yet materialise, so everyone is taking their best guess at the moment as to what's going to happen.  Expect a few twists and turns as it all unfolds.  Don't take anything as a guarantee at this stage, with one notable exception:

Whatever happens, just remember that as long as you are responsible for your own private keys, you are in control of which chain you want to use (although it may potentially involve you using another piece of wallet software if you currently use an SPV client and you feel strongly enough about it to decide that you don't wish to follow the longest chain).

The people that didn't dump their BCH yet will be able to get some extra BTC that were unexpected. I did not dump it yet because having to set up the wallets it's really a pain in the ass, but im looking forward to dumping it all, until then, I hope it keeps pumping, that just means higher profits pretty much for free. I don't expect the BCH pump to be viable for much longer.

As far as segwit2x goes, we will need to wait for november to see what they have on mind, but segwit2x is a scam, even bigger than BCH which at least had replay protection.

It will create panic buying because the price of bitcoin will pump after that and the fork is about activating the segwit2x so the bitcoin will have a lightning network that will enable to have a fast and convenient transaction for bitcoin and that is why a lot of people right now are buying bitcoin and preparing for that event that can easily double your money or investment.

Woah! That escalated quickly. As far as I know BCH never reached 0.5 BTC. Do you have source for this? If what you say is true, i may be interested in BCH.

We have already seen a few forks now.
I think it will be the same: After the fork there will be two seperate chains. Again!
And their combined value will be higher than the price it was before.
I suppose many people have already drawn the same conclusion than me.
And those will buy before the fork. My guess is the price will increas to the date of the fork.

Last time I checked, BCH was trading at $500 and not $2000. It didn't even hit $1500 so I'm assuming you might have misread some numbers?

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OP. this should be in the Speculation section of the forum. As for your question, it still depends. BCH is trading quite well after the fork, so does BTC. I see no reason for it to drop since traders are always making money off of these uncertainties in the market and so does the upcoming fork in November.

Segwit is activated but next part of segwit activation is hard fork to double the block size from current 1 mb. However there is also some rumor that after segwit activation bitcoin core team is now standing against block size increase so we might have next hardfork and split of bitcoin again on november. We will than have three bitcoin bitcoin cash, bitcoin with segwit and bitcoin with segwit2x. The one that will have majority of community support will remain as bitcoin (BTC).

I'm sure it will create panic selling and prices will go down as the day of the fork approaches, the cryptocurrency world will rock and a lot of altcoin's prices will go down as well but once the fork is over, the price of bitcoin will skyrocket and will reach another all time high. Well this is just my prediction ofcourse  :D

If you ask me, I am 90% sure that another anticipated fork (Segwit2x fork) won't be happening. The major reason is that any such fork is not needed currently in Bitcoin ecosystem.
But even if such fork happens, it won't gonna create any panic. Now reason to this claim is that Segwit fork is happening in good faith unlike BCH fork which was to cater ego of some specific group. So this fork will get good support from community since it will be necessity for eradicating high fees scenario. Hence people will hold to their BTC and resultant would be that Bitcoin prices won't go in panic.

In my opinion, hardfork part 2 will not affect the bitcoin price later. Actually I am more worried about bitcoin cash,
Because later there are 2 types altcoin from bitcoin hard fork

Woah buddy, BCH has never reached $2000, best i know BCH was trading around $500 last time I checked. IMO the 8MB block size is overkill and not really gonna work out.

OP, talking about the segwit2x fork, it's still not sure if it will happen right now I think we should look forward to segwit and let's not worry about the 2x fork just yet.

What did happen when bitcoin had the hard fork first time around? The results will be the same or to be very honest the impact will be even lower than the previous one because so many people are aware of this trick. True bitcoin holders will stay patient even in worse situations also.

I like blood and panic selling very much, as this provides good buying opportunities.

The peaks on Bitfinex were .26 BCH/BTC and .244 BCH/BTC. The recent highs were about the same on HITBTC. It may have spiked higher on some of the Asian exchanges, but I don't have a feed for them, nor can I trade on them.

Remember, it's a pretty illiquid market, so it could just be pump-and-dumped like other altcoins. It would take a bit more money considering the value and market cap, but it could be done. Buyer beware...

I have never seen it at $2000 also, but it was trading at $800 which is not bad at all

I think that a lot of people will sell due to fear, i will be ready when that happens. I am going to be ready to buy the BTC at a lower price then hodl for a long time. i see profit, kaching!

I guess this will not have any impact on the current bitcoin price as the market embracing for the hard fork