Bitcoin Forum

How think what price BTC will be after SegWit2x?

I think $6000

I'm said August 08 that BTC price after segwit will be $4500, I'm right :) https://bitcointalk.org/index.php?topic=2073830.msg20718415#msg20718415

Before November, Bitcoin can reach $5000 and may fumble a little before fork. Therefore, Bitcoin will be hovering over $4800-$5200 before November. After the fork, if everything goes well and there is no drastic chain splitting. Price will boost amd might touch $6500-$7000 by end of the year. If some drastic chain splitting takes place, price might stay at $5000 only.

There's definitely uncertainty around the fork, which leaves me feeling more bearish than this. I've still got Masterluc's bearish zig zag scenario in the back of mind. IIRC, he called for $2300-2400 area. Fairly deep correction for a Wave 4 (by his count), but not out of the ordinary. If the $4250 area breaks down, I may start hedging more.

It's really hard to say what the price will be after Segwit2x. For one thing, it could be a non-event: NYA signatories could back out and the fork might be largely ignored. Or it could be a nasty permanent network split, the likes of which we've never seen. I think it's too tough to say this early. I prefer to watch the charts for clues for the moment.

Maybe 5000$ but if the 6000$ figures will came then we will  be glad since we can able to earn additional 1000$ for that But I'm also worrying that bitcoingold can split again the thinking of the investors of bitcoins since they might split there balance up and stake the other on the other splitted fork of the bitcoins which is good since we are able to see the bcc is good way to earn when its new and maybe it will be the same with the bitcoin gold since I'm sure that this coin will be hype.

i think segwit2x will be just the same as BCC fork, when the fork complete, the price will moving up slowly and then recover,and we will get a decent airdrop bitcoin gold. not a bad thing,i hope .

We're talking about two different things here. The BitGold airdrop is slated to happen in late October. That should be a non-event..... I'd be very surprised if that fork were offered on major Bitcoin exchanges. Maybe Poloniex, Bittrex, Cryptopia and other altcoin exchanges, though.

The Segwit2x fork is different, because it's backed by major services, exchanges and miners. I'm not sure what's going to happen. A split seems likely if the BTC1/NYA crowd moves forward with the fork, which would be bad for the price.

you guys keep talking about what will happen in the price after Segwit2x.
this question had been asked multiple times before and you should know that nobody know the answer.
Bitcoin price is determined not because of Segwit,Segwit2x and something like that.
it still need a lot of factors from implementation,network,economy and many others.
look at right now,korean and chinese banning ICOs.
and Chinese banning trading Bitcoin in their country,if other country following their footstep do you believe it will go higher again in the future ?

also,it is confirmed we will get another airdrop aka Bitcoin Gold ?

again like August thing, it is impossible to speculate about bitcoin price now.
because just like August thing, there are a lot of things that can change and with them the price may take a very different route. the uncertainty is going to be the worst part of it. and it is going to last a long time until we get real close to the fork itself and start seeing the real support for this fork. by then you can clearly say what will the price be. if they split the community and bitcoin into two, I don't see good days ahead. but if the community and bitcoin continues to stay as 1 (like it did so far) there will be a big price rise again just because the uncertainty that I talked about above will be gone and there will be a rush to buy bitcoin.

Speculators gonna speculate. This is the Speculation forum. :P


China has not banned OTC trading -- only order book exchanges. They are reportedly rolling out regulations on digital currencies which classify them legally as "virtual property" but no official news has dropped. If that is the case, I think we can expect licensing to commence for regulated exchanges.


Apparently it is still planned for October 25th. I wonder if it will have any value, though. This airdrop isn't supported by Bitmain....

I'm confused for that Bitcoin Gold airdrop is that really happening on October 25th? Do you have some articles or news about it? Can you post it here so that we can able to read and be updated for the fork that will happen on this November.

But I think the community this time is more aware and won't panic sell like July before fork. Situation would be far better than that where the price dropped by almost 40%. I don't see such scenario this time.

The whales thought of that too. So they took care of it in advance. Game on the price drop goes a long way. This time they were able longer to maintain low prices and I think this time they already bought everything they wanted. Now the price will grow slowly but surely.

Im just hoping that the #no2x movement keeps gaining traction. We got a bunch of people on board with a lot of BTC ready to dump on the segwit2x/bizcoin chain, including Trace Mayer, Charlie Lee and a lot of other whales.

We also got the support of almost everyone twitter, this is important because it shows the common user that isn't part of a corporation doesn't want this bullshit.

Remember to put [no2x] in front of your twitter handle and remember to write to all of the exchanges that are supporting this to stop supporting it and threat them with never depositing any money there again.

That depends.
1.)If we have a chain split then that will be the worst situation as neither 2x or core team is implementing replay protection.It's not decided which people will treat as real bitcoin.Many will lose value because of no replay protection and price will be almost equal on both chains. (2000$+)
2.)If we don't have a chain split or bitcoin core finally gives up to 2x or 2x agree to implement replay protection then it will be treated as an altcoin and we will have the same fate as Bcash split in that case bitcoin price to the moon  :D

It totally depends on the traders. When bitcoin will be forked then if the lot of traders go with the new coin then bitcoin value may decrease. But the chance is less as all belive in btc other than any coin. So there possiblely a spike again in bitcoin price.

Important for me, is that if I hold BTC before the hardfork, then I have 2 coins afterwards. So either of them wins I'm not the loser.

So people understand this will buy in BTC before the hardfork, effectively push the price higher.

After the hardfork, when the situation starts to clarify, dump one side to get some free profit.

If there is a split and the hardforkers supporting 2x (basically corporations) attack the legacy chain by not adding replay protection and threatening people's holdings, I  predict big big lawsuits coming for everyone involved, starting with Coinbase.

We shouldn't be worried about that to possibly happen, because with the current price right now it's really been showing good signs to rise even better compared from thus forking days. But about that bcc, maybe I will just have to focus with bitcoin exactly so that you won't be able to find more difficult situations to handle regarding the holdings you have.

What is BitGold ?
Is BitGold = Bitcoin gold ?

How can get BitGold? it's like BCC?

no BitGold is another altcoin which has nothing to do with any of this! https://coinmarketcap.com/currencies/bitgold/#markets

bitcoin gold is a new fork planning to make bitcoin GPU mine-able. http://btcgpu.org/
that is why it is also called BTCGPU. so far the website has nothing on it except the date and the links at the bottom. but the information that was gathered it has a huge premine.

Could definitely happen.

Forks, if gone right, can always impact the price of bitcoin positively. People will probably panic dump just before the Segwit2x fork happens and then right afterwards when they realize that nothing has gone wrong, they buy up as much as they can as the panic is now gone.

When that happens, $6000 could well be possible. It's not that big of a climb even, when compared to the 1st August event.

Before the middle of next month we should expect a little correction that will push price back bellow $4000 and this is a whales activities that can easily be predicted when there is  a future dates of hardfork issue like this November one. I expect or I am speculating the price to go as high as $7000 after the hardfork and now is the best time to buy low. If the hardfork hold and there is a split then the price may be around $4500 as many are speculating on reddit that sigwith 2* is governments taking over bitcoin.

Ah, I should have known that the name "Bitgold" would have already been taken. :D


Where's the info on the pre-mine? I assumed it was a straight copy of the UTXO set, just like Bitcoin Cash. I guess not. In any case, I'm not going to worry about it too much. It sounds like the project won't go very far.


I've seen a few articles, but there isn't much substantive info around. I don't think the developers are very active and I doubt the project will go anywhere. But you can follow it here: https://twitter.com/btcgpu

After segwit bitcoin value was definitely raised up, no questions with that. However on the first time of segwit it is going deep before recovered and increase. I think if the segwit happen for the second time it was not results of good effect to the bitcoin community.

Seems to me it still didn't solve slow confirmation times that well and because of it, impact on btc price is not that much. If somehow transactions became instantaneous again, maybe segwit 2X might help bitcoin reach new highs but as things didn't really have gone that way, $4500 was the price we have seen after segwit. I had hoped for it to be more than that though.

6000 is nothing if SegWit2X really kicks in and proves successful to the entire mining community because then, the fee might go way down and there will be some real need for the value of BTC in fiat to be increased to let everything remain stabilized. I think 10k is not far once everything happens as said (not this year though).

But, $6000 is a good value for bitcoin, maybe after SegWit2X kicks in, the price could skyrocketing because so many people probably have learned from the implementation of SegWit in the past.
But let be realistic here, bitcoin hasn't yet reach $6000, there's no guarantee that will reach that far.

It is very likely that price will go up after hard fork because many just wait that the situation regarding this finally ended.But we always have to be careful because it is difficult to say what can happen with fork or after.I hope there will not be some very bad news which always negatively affect on price as we can see recently.Although bad news cause price drop it is not like before for long term,people are become smarter and they do not give their coins easy away.There will be always newbies/weak hands and panic selling,but whales need to live of something ;)

i would say Bitcoin price to the moon!  Segwit2x simply signals bullish bitcoin.  Especially if it is successfuly implemented.  I can see easy $6k  once the hype of segwit2x kicks in just like a bull in a steroid.  Though there is a possibility that a drop may happen before it is implemented and many people will try to FUD the Bitcoin market to get enough cheap coins fo thenext uptrend.

The problem (and their plan) is that the corporations that they have bribed (namely, Coinbase, BitPay, Xapo, and other places were there are tons of online wallets from clueless people) will run nodes, and these are so called economical nodes because they count for all the people using their services.

In an insane act of hypocrisy, they will claim that they have a lot of user support, implying that everyone using their services actively supports 2x (when nobody using these services knows any of this is going on).

It is a tricky situation but what I know is defeat is not an option.

Bitcoin gold is the 3rd bitcoin fork, or 2nd as it will come before segwit2x, it was mostly under the radar because of S2X being more covered in the news. The date if forking has been confirmed be to 25th October, you can read about it  here (https://news.bitcoin.com/another-bitcoin-fork-bitcoin-gold-project-plans-to-fork-bitcoin-next-month/).

The same discussions were going on at the time of first split into Bitcoin cash . But the prices were constant , like there was not much difference . So I don't think like it will touch $6000 or something. $5000 can be given a thought but not more than that.

Last segwit activation increases the block size and increase the price of bitcoin to 4000 USD that is only time of segwit2x activation time but this time bitcoin gold spliting and next hard forking is expecting by this month. We have to ready to face the any situation and manage the bitcoin by holding without any transaction atleast for a week to manage this fork like last time. Even theymos mentioned in the news link thread in the headline of the forum.

The thing is that most of the bitcoin users don't care about technicalities behind scaling, ale they care about is bitcoin utility, potential and acceptance level.
If SegWit2x will bring the progress then it should be amazing price growth as well. Do I expect that it will happen right after fork?
No, we may have some minor spike of price and then fast correction, I doubt we will see anything like $6k BTC soon.

good.

If I have Bitcoin cash (BCC) can I get BTCGPU after segwit2x ?
or need hold BTC only?

I'm pretty sure it's the main chain so btc only

An equal split would be very bad... If we have 50% users backing one and 50% the other (or similar values) the dominance will go downhill
In turn this will mean that the 23Mln bitcoins limit we so much talked about will now be 46mln. Which points to two things:
- value will be halved of both BC chains (which I expect means ~2k for each bitcoin)
- investor confidence will go downhill as obviously the 23mln limit can be changed easily, so we will be in a bear market for quite some time...

It would be much less disruptive if everyone went to 2x imho, as much as I don't like it

It may be quite messy this hard fork, without reply protection. And I think the price will be under big pressure when we approach to the fork and as exchange will close transaction for some time, the new opening price may be very surprising.

It will likely be same when first segwit had occured it was speculated bitcoin would boom but before the segwit happened many heard they will get a free currency so the price had already rised before the segwit. It should happen this time also because everyone likes free money we will see a increase before segwit happens

Bcc fork involved a lot of influential people, but didn't involve the miners. This fork will be different. The miners control the hashing power and hence the network. So it is not straightforward.

But what do you think the price of Bitcoin if it affected by the FUD in that time? In my opinion, I think SegWit2x will make the price of Bitcoin drop down in next time, at least the price of Bitcoin will drop ~20-30% is possible.

There is a million dollar bet between Charlie lee and Roger Ver regarding the price of after the fork and which coin will reign supreme ,these are all debates which is to be seen in the future and one will win the bet and earn or loose 250 bitcoins ,only time will tell as i am not good at predictions,i hope the price wont crash after the fork.

So, you are the prophet? Even January 2018 is 'after' segwit2x hard fork, the time range should be specific, maybe bitcoin price in November.
Nothing for sure in bitcoin world due to the volatility driven by bad or good news about bitcoin development which lead to speculation.
I guess bitcoin struggle to reach $5000 again, if it could be achieved in this month, maybe bitcoin could reach $6000 in the next month.
But, if bitcoin price can't reach $5000 in this month, or before segwit2x be activated, the best price to be expected in November is $5000.

Only time will tell if that really possible, but miracles do happen to those who believe in it.

It just a quote for a person who do predict the August fork and now is expecting after the November fork price will be at 6000$. I don’t see anything wrong anyway on that and exaggeration might be present but only a 500$ cut is enough.

So it’s 5500$ as I think it is but it needs much greater news or good news for the bitcoin community to reach a much higher price than that. Example: PayPal will accept bitcoin conversions. It might not be true but if this will really happen the price will soar to the moon in no time.

I generally agree with that various scenarios are possible and the price depends on what users and companies decide. My prediction is only a little bit different, because I think there is a difference between the scenario "Core wins" (more bullish) and "Segwit2x wins" (a little bit more bearish):

1) Bitcoin Core "wins" because not enough hashrate (less than 65-70%) changes to Segwit2x: This is the easiest one - Segwit2x will then be marginalized fast (it may even die because the big blockers already have "Bcash" as their favourite toy), Bitcoin's price should be not affected or even increase - that would depend on market conditions.
2) Segwit2x attracts 65-85% hashrate for more than a week, but Bitcoin's original chain keeps being usable (e.g. because new hashrate steps in): In this case we could see a long fight. I predict that this will throw back the whole Bitcoin movement and I don't rule out prices below $1000 for that scenario - for both chains.
3) Segwit2x attracts over 80-85% of the hashrate for a long time and the original Bitcoin chain becomes unusable because of that. It is very likely that the Core team will then implement a "nuclear option" hard fork. This would, however, mean that the "Corecoin" will most likely become the altcoin of both. If the Segwit2x coin gains acceptance and becomes then the "real Bitcoin", I predict its price will be lower than now because of the uncertainty regarding a new and stable development team, and because some "idealists" will leave Bitcoin.
4) Very unlikely: Segwit2x "wins" the battle like in the previous scenario, but the Core team grudgingly accepts to continue to help with development. This would be bullish, perhaps even more than the first scenario.

BCC fork was heavily promoted by Bitmain, ViaBTC and Bitcoin.com.
Therefore there are at least 3 mining pools that were involved in the previous fork.

Besides, many pools just mine the most profitable coin - irrespective of their
support of a specific cryptocurrency.

That's good. The fact that the bitcoin community is very much random people is bad enough but on the other hand such people are protecting us from the tyranny of the single currency. Any monopoly is bad. If there are more lucrative offers that miners and developers will have to negotiate. we will only get profit.

I personally think 6000 is a bit too far for BTC considering where it's been looming right now. Depending on where it goes in the time between now and segwit2x, I think BTC price will hit anywhere between 5000 and 5500. I think this gives it some considerable space in terms of a price range, but also offers a decent rise from the people who purchase more bitcoin.

It would be hard to predict price of Bitcoin after SegWit2x because there are several things that can affect that which can not be predicted. Also there will be difference if hard fork happens or not. But because this is speculation section, we should speculate.

At the moment price of Bitcoin is around 4300 dollars. I think that it will rise a bit more, until maybe one weak before SegWit2x. In that moment people are going to panic a bit, and they will probably sell their Bitcoins. Because of that price will go down, but it will not go down like it did after 1st of August when it reach 3000 dollars. No, it will go down to maybe 3500 dollars, but not bellow that. After that it will rise again, and by the end of the year it will stay around 5000 dollars.

$6000 is not that far though. Assuming Segwit2x doesn't affect or cause any splits then we can say that the price would be atleast near $5000 before its even implemented. If it does cause some major split then the price might fell to $3500 but it will not go beyond it. Most hodlers are aiming for $6000 by the end of the year and if Segwit2x does cause a problem then they will try to normalize the price at $4000-4500. But then again let us just hope for the best.

I don't think that near $3500.
Also BTCGPU will be good because many people can mine this coin with GPU farm

It's becoming increasingly likely that a chain split will occur, though. BTC1 developers are definitely doubling down by hiding their 2X service bit to prevent Core nodes from disconnecting from them pre-fork. Surprisingly, we still aren't seeing miners defect from the New York Agreement, and Peter Smith (Blockchain.info), Erik Voorhees (Shapeshift.io), Tony Gallippi (BitPay) and others seem to doubling down on their pro-2x/anti-Bitcoin rhetoric as well.

Tony Gallippi‏ yesterday (https://twitter.com/TonyGallippi/status/916009685534351360), for instance:

That's some harsh FUD...

Nobody can predict that what would be the price aftger SegWit2x because the fork can cause huge decline or huge rise in the price. I myself expect that the price will not have a sudden rise but it will increase gradually, but to be honest i am not sure about it. As seeing the past scenario, after SegWit lock in the price was increased gradually and sets new benchmarks, same as we are expecting for this one.

Yeah your right because last we experience segwit we feel the big declining price of bitcoin in the market, but afterward it was increase immediately. We cannot says if this segwit are give a good or bad effect to the crypto currency industry, because I know that it happen again many users or people in bitcoin community were less trust in this coin together with the digital currency

Segwit2x fork won't be like Bitcoin Cash fork but might have severe impact on the market if there isn't enough support and can even leads to a split, if the consensus on either side remains almost equal. There is an air of uncertainty right now. Though 144 companies claim they will eventually update to support SegWit, at press time, the percentage of transactions using SegWit is growing slowly, and still in the single digits.

It is still early to talk about the impact on price as the role out of Segwit2x is itself uncertain. There would be different scenarios depending upon the support and hence different impacts on price.

With google's participation in bitcoin transactions, this will make other companies interested in transactions using bitcoin. If this happens then bitcoin prices will increase, I think at the end of the year will reach 5000 dollars.

The price will reach $ 5000 in a short time, this is because users are getting more optimistic with the future of bitcoin, I will buy before the price goes up because there is still a chance to get bigger profit again.

thats too much but anything is possible in the market, in my opinion we will not go down and will continue to reach $5000 if it surpass that value i will be amazed and new investors are still not late to join the train.

I think it will fall to $2500 to $3200, when there was the drama involving china the price fell below $ 3600, this time the subject is much more serious and the panic will be greater. so I do not expect price above $3600

I also saved some money to buy when it's time for the general panic


You're not taking the segwit2x problem seriously, see the discussion on reddit.

https://www.reddit.com/r/Bitcoin

For sure there will be panic and panic sale before SegWit2x, there is not doubt about that. And we all know what is coming with that... price drop. But i think that you could be right when you say that price will not fall bellow $3600. First SegWit thought people that if everything goes according to plan and work without problems, Bitcoin can endure anything. And because of that there won't be so much panic in November like it was in August. But there are also possibility that things will not go according to plan, and if that happens who knows what will happen. Also much depends if another hard fork happens. That will change something too. There are too much If's in this speculation.

What are you talking about? I was excited for a second, but I don't see any news about Google and Bitcoin. The only thing I can find (from last month) is this story about the World Wide Web Consortium (W3C) -- with support from companies like Google, Facebook, Microsoft and Apple -- deploying a browser API that will make it easier to buy goods/services with crypto. The headline that Coindesk used is sort of click-bait because it's really not clear what the implications are. Makes it sound more newsworthy than it is: "Bitcoin in the Browser: Google, Apple and More to Adopt Crypto-Compatible API" (https://twitter.com/coindesk/status/909047312177074176?lang=en)

Don't worry..
Panic is panic :) but price will get high after ;D

This Segwit,will make bitcoin Even strong. Since ,same we see this in August. No need to panic and all.Just try to manage your financial situation as You utilized in August. Since many had a fear of losing in November. But the fact is you are going to fluck a goldern flower after October.

Of course,most people may think that it is yet another fork like the before in august 1 and so things would not be to worry much.SO,they may stay cool and may not get panic.But what makes this hard fork as a matter of serious concern is that this segwit 2x activation is supported my majority of miners who had already signed in NYA(New York Agreement) to activate segwit 2x after six months of period from signature date.Also,big exchanges and many bitcoin related companies are supporting segwit 2x.So,definitely,there will be a big impact on bitcoin price after this hard fork.We would have to just wait and see the consequences of this hard fork.

If the segwit2x will be as successful or maybe even more successful than the recent one which happened last month of August, the market value could reach 6000 as you've said before this year ends. I agree with you because it is realitic to hear. I think its impossible for Bitcoi  to reach 10000 before this year end even if the hardfork will be successful, 6k is close to reality. Let's just hope that the fork will be in favor or succeaful for Bitcoin.

I actually think that the price will go up until the fork and then will go down, most of the people who bought it now will have 2 coins and a big gain, so it could be a good time to sell.

We can't really assured what will happen after the segwit since there are no assurance for those who will stock there bitcoin into hard wallet or any alternative wallet that will receive some bonus coins and if that happens maybe yes there will be chances that price of bitcoin will be at that price soo soon.

Why?
I feelling it's really.. and wait rising :)

As a bitcoin user you would feel it and its ideal to wait for price increase because it would eventually happen but pointing out in the exact range of price then it would be impossible because no one really knows on what would be the price movement either on pre-fork or post fork but one things for sure we would really see a new ATH into this yea which would happen on last months.

As the bitcoin price is growing it looks like we may touch 5000$ within one or two weeks. And we get a strong resistance point at 5000$ level. If btc price increases as it was in the 1st fork then it will cross the resistance level and looks 6000$ is very much possible after Segwit2x . 

I’m going to estimate something like $5500. Bitcoin Gold will be dumped & pumped back into bitcoin. BCH was used in the same way.

I dont know it perfectly, but it will probably be more than $5000 after segwit gets implemented, but the whole market will be in red numbers, and there is no doubt with it. Maybe we can see Ethereum below $270 - $250 a few days before the fork, monero below $70, and the list is long..
But after the fork all the altcoins are probably going to be pumped, and btc too.

That's an interesting way to look at the forks. Surely a portion of the bitcoin cash was pumped back into bitcoin but I think a lot of it still is in bitcoin cash. Big holders migt not want to risk their coins for a 10% gain. I beleive that's the only reason bitcoin cash is still 'relevant' today, the majority hasn't been dumped yet.
With the upcoming fork there is going to be a lot more FUD and a lot more risks (e.g replay attacks). It's interesting to see how people/market will react.

Bitcoin Gold will likely be valued far below what Bitcoin Cash was worth initially. I don't see how such an insignificant chain split as Bitcoin Gold will affect Bitcoin in any way, neither did Bitcoin Cash despite it being 'backed' by very deep pockets -- people know upfront that these splits are empty and lack community/market support. Bitcoin will keep rushing further, but we'll need to see how things will play out with SegWit2x first.

We cannot really say what will happen after the upgrade to segwit2x and what the effect will be like but at least judging from what has happened and looking at the current scenario, I would not expect anything negative to happen.

It might even happen like nothing ever happened. I am surprised so many people do not even know about the fork as much as the August own and there is no much FUD around it this time around. I guess we just keep hoping and looking at the charts.

if you remember that they promised to split Bitcoin into guests, then very many predicted a huge decline in the price of Bitcoin, but it turned out quite differently. Today I think that absolutely other factors affect the pricing of Bitcoin. Due to the critical condition in China, the price of Bitcoin has fallen, but the problem is solved and we again see active growth.

Yes, today price was been max history :)  $5900

I'm really CryptoProphet ;D
Price BTC +6000 USD now ;)

I agree with what you said, I think that there will be a lot less panic than it was on first SegWit. Now people know what they are dealing with. Also we can see up rise in price, which means more people do not worry about SegWit2x. Also we can see that after first SegWit price jumped a lot, and therefor we can expect same thing again. It is good to see that there are people who share my opinion of things, and now I am even more convinced that there will not be a big price drop.