Bitcoin Forum

What will happen once after a fork, every decides to leave/sell out their bitcoin for the forked alt. Whatever the reason, whichever the fork and outcome name, would that be the end of bitcoin? How will the btc value be afterwards?
And how would the miners react to it?

It would be invaluable to most of us, and miners only mine what's profitable, so basically they would just switch to the new forked coin and mine it. People only follow something in which more money can be made, so in this case if everyone dropped BTC and decided to transfer their money to the newly-forked coin, majority of the people who are invested in btc would soon shift to that particular coin.

If such a time comes when everyone deserts bitcoins amd there is no one left then bitcoin's value is sure to drop, if thid happens bitcoin will die

You are stating a scenario which will never going to happen, well let suppose it happens then surely the bitcoin will fall down rapidly because the investors will shift their money to that altcoin. Miners will do the same, they will start mining that other altcoin.

if there is two chains (two coins) it means there are people who are supporting each of those coins and ALWAYS the bigger one is bitcoin.
people don't suddenly decide to sell one for the other, the bigger one with the biggest support will remain and will be called bitcoin just like before.

that is kind of a chicken and egg situation some times. the biggest coin has the highest price so it has the most support, and consequently the coin with most support has the highest price and keeps it that way.

until now what is the analysis of bitcoin about when and how bitcoin going forward and right now I just use as much as possible while bitcoin is still there even though bitcoin will no longer exist. I already get benefits and benefits when bitcoin still exist

It depends whether you believe Bitcoin can hard fork and still remain "Bitcoin." Technically, when a hard fork occurs, a new altcoin is always being created, and the hope of the fork developers is that users of the legacy chain will switch to the altcoin. If there is widespread disagreement over the name "Bitcoin" then I think the legacy chain should retain the name, because that is technically correct, as the new coin is an altcoin.

This raises important questions... would "everyone" really ever leave Bitcoin for an alt? I think this would only happen if a truly existential protocol flaw were discovered. If that happened, I think there would be wide agreement to fork.

Bitcoin will never be deserted. It was a peer to peer electronic cash system that required peers to join on the network and make it stronger and oh boy is it doing just that.

Don't worry about it because that's not going to happen. Bitcoin is the first of its kind. So when we talk about cryptocurrency, bitcoin comes into the mind first. When medias and newspapers talk about bitcoin and not about altcoins. That's the difference. If you see, bitcoin is getting popular day by day than any other altcoins. Actually bitcoin has already established as a leading coin in the cryptoworld. There will be always buyers for bitcoin. When there is demand definitely its price will increase naturally. When the price increases, miners will get more profit and they will continue to mine it.So nothing can replace bitcoin.

I never thought the end of bitcoin. When bitcoin is receiving people's attention and expectations, what caused it to be abandoned. I don't think the fork affect  Bitcoin

The same thing when everyone dumps an alt, it will die, become zero value. I do not think it will happen though. At least for now, there is no hard forked coin from bitcoin made it big or even made a threat at bitcoin. What happens is it even made bitcoin stronger by pushing the price up before the fork.

Bitcoin is community-driven, meaning the community decides who will be the Bitcoin. So if ever your scenario happened and everyone abandoned the former chain of Bitcoin and jumps to the new chain then the latter will be the new and real Bitcoin. When this happens, miners will also jump to the new one, not necessarily abandoning the old one. The new Bitcoin will definitely increase in value drastically and the old one will definitely decline heavily.

Based on what you have put forward, one thing is sure bitcoin is what the community said it to be so if tomorrow, the attention shifts to the other coin and people are beginning to see that a forked coin is bitcoin then there is no going back and forth over the issue but the practicability of that happening is what I don't see because the core bitcoin has come a long way to what it is today and its because of that success that some other developers are trying to tap into by the process of fork. So no matter how they make it seems, it cannot still be cut away from the original bitcoin.

i think people is selling their btc when the fork is come because they want to hold usdt and they can buy bitcoin again with the cheap price because we have know that in every fork, the price is decrease and it makes people gets prepare to buy more bitcoin. i think they don't sell all amount of their bitcoin but they only sell half amount or some amount just to make sure they can buy more bitcoin. btc value will increase and i think the value will always increase after the fork but i don't know how the miners react to it.

as long as the bitcoin users remain consistent with using bitcoin and investing the funds into bitcoin in large quantities, it is certain the bitcoin price will remain high, perhaps even double again, and we should not be afraid for the bitcoin will vanish, because it will never happen and very impossible to happen

If that what you are talking about would happen then that would be the end for BTC; people would make transactions and investing with other currencies including other popular coins that aren't BTC. If all coins would die( this could happen only in another dimension :) ), then people would invest in same things they invested money before BTC broke the rules of the market and that would be - the world standard currencies.

Miners will go wherever the most money is (or generally right now there is a battle between bitcoins although I dont think battle will be long at all) but sometimes they make incorrect decisions as to what is best I think. Also

not worried about everybody leaving BTC because it is highly unlikely that these many people will shift from the gold standard in the industry to something less unless something catastrophic occurred to BTC and another

group was there to capture the mistake. If this does happen though the herd mentality will take over and most people will be on the proper coin without having too many losses I feel.

Interesting questions...
I think that price of BTC will fall...
But i think that woun't happen

nothing is impossible, BTC will have its ups and downs.

You've already answered your own question. If everybody sell their coins the value will be 0. I mean it wouldn't even be everyone as not all coins are available for trading. Some of them are on abandoned or lost wallets and so on, so even if only 50% of coins in circulation got dumped in a short time (like 1 month) the price would temporarily plummet to double digits. Exchanges wouldn't be able to hold liquidity.

I can't really see any crypto replacing bitcoin. Bitcoin was first and has largest following. If bitcoin collapsed then there is no reason to doubt all cryptos would follow.

I think that if 50% bitcoin will lost so it means that the supply will interrupted and therefore the price  will even increase more and more,  because those people who will be holding bitcoin, they may not be ready to sell their bitcoin and therefore we can expect a very big change and increase in the price of bitcoin.

So, what's your opinion on the Segwit2x fork next month? Because technically that will be a "shift from the gold standard" to a new altcoin. I know the Segwit2x backers don't want to see it that way, but that's technically what it is.

Intentionally or not, I think the blunders of Bitcoin Gold have helped get that reality across to people as well. Hard forks are altcoins. There's nothing wrong with altcoins. But you might have a hard time convincing users why they should use an altcoin instead of legacy Bitcoin.

tide is the usual thing, all will experience it .. the most important stay consistent and stay calm .. all there is no time to give up because it will all end with a beautiful .. stay spirit and never give up ..

What? I wasn't talking about the coins being lost but dumped on an exchange due to people abandoning the currency. That's what OP was asking about.
Do you honestly think that if 50% was dumped the price would increase due to lack of supply? For 50% to be dumped there would have to be both supply and demand, but that demand would go down since people would panic seeing the price is going down like crazy.