Bitcoin Forum

How do you think guys ? It will happend again ?

There will be a pull back no doubt, but in light of the lack of support that is emerging and the way bitcoin gold played out it's highly questionable whether it will be significant.

In my opinion : Altcoins become red because Btc is going up (not only Alts value in Btc but also Alt value in Usd). Btc is going up before a fork because people want to get free tokens from the fork.So they sell Alts for Btc temporarily. So if there is a slight chance of a new token that will be tradable just after the fork, then yes probably Alts will again temporarily become red again because of the fork.

Bitcoin needs a correction. The upward trend of the last week was much to steep nobody thought Bitcoin would reach the 6000$ mark so fast not even the 5000$ mark. It needs some room to breath again if we don't want to end up in a "fork-bubble". I hope this will happen before the 2x fork because if the price bumps further if fear that the market wil crash once again. And the road for Altcoins will even be more uncertain as for Bitcoin.

If they are going to give free coins for free, then of course, it will happen the same as it happened a few weeks ago when bitcoin gold showed up, everybody was buying bitcoins like crazy only to took advantage of the situation and receive free bitcoin gold.
But if they dont, then the altcoin market will remain intact.. I can not remember those days when bitcoin wasn't walking through a path full of forks...

Probably after Segwit2x gets implemented. The pullsbacks during the last two forks seemed to have occured due to the Bitcoin Cash and Bitcoin Gold snapshots... The Segwit2x fork doesn't have this kind of appeal to it. So Bitcoin might end up falling until the fork and then climbing either right after or briefly before the fork.

Yes that's true. because a lot of people are try to take the moment about the pump of the bitcoin before the hardfork of segwit 2x. Like what already happened with bitcoin at the bitcoin cash or segwit hardfork and that gives a lot of the exmaple about the fact bitcoin is really bullish at that moment.
Altcoin gets red maybe in the next days. you may need to put your buy order at the lower price for altcoin.

Assuming Coinbase is going to support B2X, I expect a steep rise in BTC before taking a break

What happened before Bitcoin Cash fork and Bitcoin Gold fork will happen again before Bitcoin Segwit2x fork. Anyone wants to have Bitcoin Segwit2x as much as possible.

I personally don't care about any of the forked "Bitcoins". Wasn't even aware of anyone mentioning the Segwit2x fork either and I haven't read about any exchanges crediting it yet.

If users pushed bitcoin to have bitgold free, imagine what can happen with segwit2x fork.
Bitgold is a joke compared to segwit2x; the latter is very dangerous and with fake actors in the game, they might decide to attack and destroy from inside the bitcoin core ... in fact let's not forget that segwit2x does not yet have replay protection, so it can happen to everything.

I expect a steep rise in bitcoin prices up to the fork and a sharp downturn of all the altcoin

Coinbase said they will credit it. I don't see any other exchange yet.

https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd

quote from article

"Any customer with a BTC balance on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No action is required — we will automatically credit your account. So, if you have 5 BTC stored on Coinbase before the fork; you will have 5 BTC and 5 B2X following the event."

I think November and early Dec will be volatile for both, BTC and alts. It you're thinking of investing in alts, I'd spread out my bids and slowly buy in, there's just no way for us to predict the market. Good advice, imo, here:

https://www.reddit.com/r/BitcoinMarkets/comments/77twjx/why_the_debate_about_blocksize_is_irrelevent_and/

I am also waiting on the announcements of the major exchanges to see if they will support the segwit 2x fork. Freebitco.in will support B2X with a 1 to 1 ratio.
Anyway I think same scenario will happen regarding the price, before the fork  the price of bitcoin will go up and price of altcoins will go down as everybody will want their free coins.

I think there will be a whole market drop. The question is how much will it drop? There is a lot of uncertainty around Segwit2x, and it is often uncertainty that causes prices to start falling. I don't have an answer to how much it will fall, but I'm watching carefully.

This back and forth swing is really bad for the markets.. really. It's a reason why do many think the crypto space overall is overhyped, and they are correct. If people jump from one coin to another just for the sake of making money, without caring about the value of these coins or what they have to offer, then of course the markets will be volatile and unpredictable. And it's always the same patters - BTC forks, therefore everyone jumps to Alts, and when the fork is complete everyone jumps back to BTC. I doubt anyone can make easily money out of this, the stress involved on whether this actually will go through and that value will follow these forks is really arbitrarily. Investors should focus on real value, and not perceived value, or short term gains. The crypto space will grow so much within the next years that people will be banging their heads for not holding some of the tokens they sold a month ago.

It's called speculating and this is what all of trading markets including stock markets are based on.

Do you think stock investors care what an underlying company has to offer? All they really care is for the price to go up for them to earn money, and if they see company is underperforming, they will transfer their investment into another one.

Same will happen, but I think bitcoin will drop heavier because now it's supported with the money of those, who wait for the next fork.

I'd recommend you have a read of 'The Warren Buffett Way' by Robert Hagstrom. He is possibly the most successful investor in history, and I think that in his view, there is nothing speculative about the stock market, if you do your due diligence. I think he would argue that what the underlying company has to offer is the most important aspect of an investment decision, and the share price matters very little, if the price you paid is less than what you expect the value of the business to be in the future.  

http://klokmork.com/projects/live-segwit2x-countdown-timer-with-block-data.html (http://klokmork.com/projects/live-segwit2x-countdown-timer-with-block-data.html)

Segwit2X timer. It's like November 11th. It depends on the time of finding the block.

btc still going up and people are still waiting for segwit2x. actually i expect that after 25 Ock alt would raise at least %80 but it just didnt happen and now people waiting for segwit2x . they still holding btc and dont wanna buy alts even ther are so cheap right now. so best invest will be btc untill 11th November.

there are so good alts waiting dumping but btc dont let them. there are two option now buy alts while they are so cheap or waiting 11th november. you make your decision.

It depends a lot mate, we can not predict about what is going to happen next month. I know that it has been announced a few months ago but a lot of people doesnt know what is the real purpose of this fork.
But of course, if we think about what happened with this last fork, we can realize that the price of bitcoin will be much higher beucase people will start investing again, and altcoins will probably bleed again to a level in where we have never seem them.
That is why i dont like to invest in altcoins, they are always going down.

The real question is will there be new forks soon? We got 2 BTC forks one after the other and then Segwit. Therefore, would we be comfortable for a while? December to August is very important. If we don't see fluctuations, there will be the least volatility.

Yes, we will. We can not run away from the next hard fork and the segwitx2 will impact strongly to the whole cryptocurrency market. People really want to receive free coin and that is why they will buy a lot of bitcoin in order to receive bitcoinx2. Therefore, be careful while holding altcoins in that time

Probably we will see some reds in Alts. People do like this "forks", but only until they'll realise that this forks is a total trash :)

There was a poll initiated by CT recently. The results:

51% Totally against it.
10% Totally support it.
39% Don't care.

People are now seeing forks as free money,  so I expect some altcoins to go red then pull back after the fork

According to my observations alts go down when btc grows and alts go down when btc falls. Alts go up when btc price stabilizes. So I thing it is better to be prepared for any scenario, make everyday research of the market and if you have a trading system then strongly follow it. There are too many temptations, provocations and ambiguently read signals at the moment. Almost every day I am confused with self-contrudicrionary signals (price movement, volume behaviour etc.).
I hope that money would flow into altcoins and they flow into them at the moment, but many of altcoins even those supposed to be down now will go lower before strong upwards movement. :-\