Bitcoin Forum

We are 8 blocks away from the BTG hard fork and the price is already volatile. Bitcoin went down and Ethereum went up. Is there some whales dumping bitcoin now before the fork? Any thought?

I do not see such a trend that bitcoin before the fork fell, and the etherium rose so that it could be discussed. Yes, bitcoin yesterday was about 6000 dollars, and now its rate is 5664 dollars, the etherium was 298 dollars, and now 302 dollars. The growth of the etherium is insignificant, but the rate of bitcoin is within its volatility. Today, he has lowered a little, tomorrow he will rise again. I do not think that for a drop in the bitcoin rate there were good reasons for that, such as increasing its offer on the stock exchanges through a massive drop.

ETH price alway about $300 in this time, I don't know why, but i think affter Bitcoin fork, many people sell BTC and BTG coin, so Bitcoin went down and Ethereum went up

BTC up because euforia some people want free coin from BTG
and all people sell altcoin to get BTC
include ETH
after HF i think will be normal and BTC will down again

Price of ethereum is always playing at 290 to 305 $ so its very usual and normal price for the ethereum for the past month. The sudden decrease of the bitcoin price (5600$+) is quite suprising to me knowing that another fork is coming. I know this is just only a temporary and after the fork the bitcoin price will rise again.

It looks like ETH won't go up after this hardfork. Maybe it's because of B2X (Segwit2X) hardfork at the middle of November?

I came to bitcointalk for discuss about same topic but fortunately some one already created theres already exchanges like yobit started to distribute Bitcoingold so once the people got the BTG they started to invest on Ethereum high potential altcoins which is really low value soon people will grab ETH or other altcoins once they claim BTG or Official announcement after the fork finished .

How is the liquidity ? The up and downs only makes sense if there are enough transactions.

I was hoping it can go up more like what happened to BCC :(

what price do you expect ETH today?

This is commonplace. Ethereum yesterday briefly dropped to $ 280 up the field by about $ 308 (up 10%). With more and more ICO and Airdrops based on ERC 20 that make ethereum more respected for investment.

Dont see the point of this, why would anyone dump coins right before the fork. ETH's rise can just be a coincidence, I didn't expect its price to rise before the fork.

true bitcoin down just effect from holder bitcoin sell their bitcoin after hardfork because in this situation get double profit like sell in high price and from BTG
ethereum up because many people buy ethereum and trade it or convert btg to eth

Definitely was a steep uptick and pleasant to see..

Interested to see what the price is when I awaken. Can we hold $300?

Probably, especially once people realize what a joke BTGold was/is..

we sure came  along way huh!

https://blawks.com/Bitcoin-Price-Swings-by-over-2-000-t

I am expecting it to go up by 50%+ within the next week.

As the hype over BTG settles it will just get stronger in my opinion.

This was same as my previous predictions. Ethereum price will rise over 0.07 maybe more. Hard fork and dumping btg will finish in few days and we will see real market prices in 1-2 weeks.
Lets sell them all and buy ethereum and other alts.

I was analyzing the graph when eth was rising like crazy. similar thing happened for waves if you check the hourly graph.

Eth resistance level is around 308. It will go down again when BTC pumps again for the hard fork free coin.

Many who sold ETH and then bought BTC for BTC Gold. After snapshot buy ETH again.

Broke through resistance at $300. Could go up in anticipation of DevCon next week

I should think about that was a short hype to the ethereum, Many people are expecting to receive the free bitcoin gold and dump it for altcoin. But just waiting for another clue about the chart of ethereum.

ETH has got some great potential, Too many ICO and projects running on its blockchain. The entropy of ETH will continue to grow, I feel sad for the Original Ethereum "ETC". We will have a great swing on ETC also very soon as the price has been bubbling around 300$ since a long time.

Ethereum platform grows. many coins and token are shit. i agree too many ICOs.
anyway, I think ETH will raise up  to 350 eoy.

I feel really stupid. yesterday I was planning to invest some of my money on eth and I couldn't do it because my computer was giving errors and today eth price already increased.

Main reason was that there was a panic dump in bitcoin for whatever reason. Ethereum and bitcoin have an inverse relationship with each other in terms of price so it seems right now, and when one goes up the other will go down and vice versa.

Also, ethereum was down big time for a long time now and it was due for a pump.

Not really surprising, imo.

We were expecting Ethereum to hold its support zone of $275 to $280, and exactly it looks like the Ethereum has jumped back to above 300$ level from the low of 275$ odd levels. And there should be some price volatility because of BTC hard fork.Also Ethereum is a decentralized platform that runs smart contracts applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.so Ether will jump to 350-400$ level in next 4-5 months.

well what did you expect? after any price rise (even if you ignore BTG fork) there must be a correction and the drop was less than 10% which is already over and price of bitcoin has recovered back up again. and that is the natural movement of bitcoin for as long as it was listed on exchanges and has been traded.

as for ETH, again what did you expect? after a lot of dumps and a large amount of price loss, it should recover some of it back. that is why trading exists. you buy at the bottom after a severe dump and sell after the reversal happened and before the dump continues.

That’s just bullish trend and nothing much. To achieve good percentage of hike ethereum needs to pumped to more than 500 USD per ether. This much moves can be seen without fork situation too. So it’s not about fork for sure. The thing bitcoin is dumping might be because most of the people are now gettin the bitcoin gold and there no more need of bitcoin to be stored like that. Now this is period where people will think bitcoin will go down in price and they probably don’t want to loose money. This chain of event will be major after some period and bitcoin will loose most of the value soon.

Eth is way past due, it should be sitting at around $500 no less. I forsee $800 by the end of the year if things go right.

Ethereum price is too low compared to bitcoin, even if you include trends between em. I can see ethereum rise too. Bitcoin may or may not fall down but ether will be balanced by support for sure.

After  bitcoin pump is over, start ether pump. 300 usd is too low fiat for ethereum.
we will see 1000 dollars very soon

I think some may be doing that. If you values bitcoin but you think bitcoin gold will be worthless, then probably your best strategy is to move alts to btc ahead of the fork to take advantage of the rising price, then move back to alts just before the fork happens to avoid falling price.