Bitcoin Forum

How much bitcoin will retrace just after the Segwit2x fork?

many say Bitcoin will plunge  $ 4000, but it does return to market trends ;)

I d say around 20% would be a hearty correction, much closer to what I feel to be real market value.

It's just about impossible to tell.  But since a lot of people have got caught up in the fallacy that somehow the fork will be "free money" and that the value of the new coins will just appear out of nowhere, it seems like eventually people are going to have to get a reality check.

It's actually very much possible that the BTC price will continue in its current bubble and will actually soar even higher as a clear winner is found (which it seems will most likely be the original chain), in which case it won't correct at all.
I'd consider "real market value" to be much more like what we were seeing at the start of the year, rather than anything that's occurring recently.  BTC has no objective value, but it still has speculative bubbles and I think that after a certain point, people get lost and forget where it started increasing beyond normal levels.

If it goes anything like the bitcoincash fork bitcoin will drop initially about 20% and then retrace to near current prices as the segwit2x fork prices starts collapsing.

With the bitcoincash fork it was ultimately best to simply hold your bitcoins and bitcoincash.

No one can say that.But we can predict that it reaches somewhere around 5800-6000 and will increase again slowly.

I don't think that bitcoin price will fall in the next days, I believe that it will increase more and more this month and maybe it touch the 8000$ at the end of november. In the beginning of november we saw that bitcoin price have a huge volatility, I think it will be fixed in the middel of this month and then, it will start increase again.

After the fork my speculation would be atleast 10%-20% of today's value may be the regulate price. but, some analist are guessing that bitcoin would be worth 10,000$ before the year end. there would be another fork called Bitcoin silver Aprox date would be december of 2017.

if things will just repeat itself maybe we will be seeing 15-20% downfall before it will rise up much stronger, nobody knows exactly what can happen from that
time as we all knew that we are expecting some real corrections and from that new comers will have their opportunity to place their entry and start hyping the
value back all over again.

Not many people pay attention to the forks, for most people Bitcoin is just speculative investment and is currently in high demand - thus we may not see noticable correction around that time.

Anything can hapen, it's a rollercoaster. After the first fork during the summer it went straight up! The event that caused the dip was China cracking down on ICO's. Don't forget that larger institutions are jumping in right now.

I think it'll not fall because of the upcoming segwit. I believe in Bitcoin all the time :)). As everyone know at the hardfork on 1st August it was a big move for Bitcoin price when it increased very quickly from 2k$ to over 4k$ right after the hardfork so I think it'll be them same at this time and Bitcoin price will keep increasing after the upcoming hardfork on this month :)

because of the recent big news about CME and the fact that a lot of new investors are not investing in bitcoin i wouldn't be surprised if the price went up another $1000 after the SegWit2x rise.

you see all those new investors may not know what a fork is and what it can do so they may be scared and waiting on the sidelines to invest in bitcoin. so as soon as the fork is done, they will start buying big time and it can be a cause a big rally.

Still waitng for my bitcoin gold..

Thanks for the cash :-)

If we look at fundamentals, correction is coming and it may reach 5400-5600 range in my opinion. This just spells for another run in near future though.

I find that people who are not supporting Segwit2x happen to Bitcoin, maybe they will still accept Bitcoin version, still growing, hoping that it will stabilize. I did not expect the price of Bitcoin to rise too fast, it would be like a bubble.

after the end of the hard fork the value of the bitcoin can dump in a pathetic way, but I think it does not dump the price ~ $ 6,000

I picked this one. Many says that fork usually affects bitcoin by 20-25% of its current price but i think due to the strong foundation of bitcoin it can still work up back to its current price slowly.

I will say anything around $5k but price might not go below that level if majority of miners will remain with original bitcoin chain which is quite likely.

Current massive pump is fueled by only upcoming fork so after fork there can be lots of other events that can significantly affect bitcoin's price but some correction on price after fork is quite sure.

It can go both ways, right? If any of the chains emerge as the clear winner, then I think that the exchange rates may even touch the $10,000 mark within a few days. But obviously, if both the chains are equally strong, then there can be chaos and bloodbath all around. It is even possible for the combined price of both the coins to fall below $3,000.

I think this time will mantain its value

Did Bitcoin price fall after the last forks mate? when you want to believe this time is that time, when price certainly falls, it will surprise you even more.

No one could predict an increase from $4600 > $7300 in matters of 3 days, but now we all are throwing crazy numbers out there, talking wouldn't cost

You anything right? many believe that we are in a bubble, they are saying that they are not going to buy, however someone is buying up any amount

Sellers willing to sell.

I think anywhere close to $5k is very possible, but in reality it's impossible to guess... I'm kinda leaning towards thinkinkg it'll drop instantly to around 6k (with alts rising at the same rate) and then either a slow bleed down (but not much) or a slow climb back to 7k (if one of the chains comes out as a clear winner).

I suppose it would fall to 4500$ (if it stays less than 7500, ofc). If it grows up to 8-9k or more, then who knows.

Some predictions here for a massive fall. Surely the price will depend on demand via the exchangers. If it falls to $5000 then that must be a good buying opportunity.

It's not the only scenario. Correction might happen just before 2Xday then relief rally.

ShadyRifles is right, no one knows that. My prediction is US$ 6200-6500 not less than that. Fork is not something like China ban news, that you can use and spread panic news over the Internet, there may be correction but not like some users wrote 4000$ or 5000$ I don't think it will go that low.

Well to be honest, i really cannot say exactly how much the price of bitcoin will fall. But looking at the statistics and reading some speculations from a person's mouth to another,  the approximation I have in mind is about 1000+-2000+ decrease in bitcoin prices after a few days or weeks from the fork date. But bitcoin's price will probably just rise again on the later weeks and probably even reach lots of peaks. So there's really not that much to worry about.

Where can I get info on this fork?

How does it prevent to spend on each chain and effectively doubling the bitcoin volume?

Well if the 2x chain checks the bitcoin chain first and wait a few blocks the 2x side will always be waiting longer to transact.

If the 2x side does not check the bitcoin chain then congrats we all got twice as much bitcoin to spend...

It's hard to say. I think there will be a correction, mas I don't know at what price.

I think bitcoin will fall 10% after three days of segwit2x. Its my guess.

Recently there was a gold fork, bitcoin course fell by about 500 dollars, and recovered in a couple of days.  I think after segwit2x bitcoin will fall by 1000 dollars, maybe more, but it will recover also quickly.

This is an impossible ask,  no one can begin to determine the effects post Segwit2x as we do not yet no exactly what segwit 2x will bring.

Btc is at its top right now and we are still 10days away you never know in this 10days btc may reach to 9000usd .
So the crash will depend on how much the price of btc at the time of fork.
Surely there will be 10-20% correction or even more.
but what ever it is i am gonna but that price cause it will reach this level agin in future.surely

It's a bit unclear to me which one will be the dominant chain after the fork, I suspect there will be a period of chaos that strong believer will start dumping the opposite coin, undecider will hodl, and some may choose to go to USDT, as long as the total value stays the same I will be pretty happy. Bitcoin will be at its weakest point then, any FUD may lead to massive swing in the market.

If i could make that exact prediction i could make a huge amount of money.It is really hard to predict on what the price would be,with the recent development with the announcement of derivatives market,i do not think that the market will crash that hard,it all depends upon how things are after the fork and how both the coins are going to attack each other,lot of variables to consider in these sort of situations.

Make sense and agree. Big investors must be considering a good entry point.

I'm unsure which whether the 2x coin will become the dominant coin after the fork. I feel like the majority thinks its going to be the original coin, but I guess weill have to wait and see. Hopefully bitcoin doesn't lose value with both the coins combined.

What a drawdown is likely, perhaps even significant, but it will recoup further growth, which has happened repeatedly, as practice has shown. Given the constantly growing audience of crypto-currencies - this is natural

It will fall back to $5000.

I was in doubt about it, because of the time it spend on the $6000 level, but now the spike is going so high and fast that a crash is inevitable. Specially in face of Garzikcoin fork. Even if people are well informed about the lack of replay protection, theres still the hash issue.

Price correction would really happen in bitcoin after the fork after its price being affected on such event.It did rise up on new heights in which we do less anticipated. This is why we should really expect for price decrease and for short traders it is indeed a dangerous stuff on buying bitcoins as of now.Fall is already expected but not too much maybe we do able to see 4500- 5200 range which is an ideal price range for this year but actually no one really knows on what would be the range but one things for sure we do see less amounts when people already taking profits and switching back to altcoins.

A small table here from two previous hard-forks (cash and gold here)

https://docs.google.com/spreadsheets/d/e/2PACX-1vTyZitGSeoaQd5XtHBN6F8QEQnrTt0we3bgD8E9TNYJpzJNmg2opJy1Gzpq7h1mKTysT9GIC4AaX83s/pubhtml?gid=0&single=true

There was not really a major drop in the BTC price from a week previous to the hard-fork, but in both cases there was a good increase in BTC price a week after. HOWEVER, none of the previous hard-forks received the support that the Segwit2x is receiving (https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77) so we will need to wait and see...

I disagree on this bitcoin falling down to 5000 usd is too much there is so much buy support to support bitcoin to it's current price , Bitcoin may fall aroung 6500 usd after the fork but I think within a weeks it can recover quickly and have a stable price around 7000 usd before the year ends.

I think 5,000 USD IS realistic if the people who pledge (https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77) to support B2X will do so

No correction will occur after fork. Ppl just want cheap BTC from noobs that will panic sell.  HODL strong 💪

For me, it really depends on the traders or movement of the bitcoin in the market.  If after segwit fork, and most of the traders will exchange btc to segwit, the btc will fall drastically.

Under 500$ I think, or maybe depends on what the investors will do after the fork. But most forking resulted to a slight down but recovered and will rapidly increase. In short this Segwit2x will no difference to the last two, bitcoin cash and bitcoin gold but as Coinbase say good thing about this fork might be the difference but is this can affect bitcoin community’s decision. I doubt it will, for we do have our own mind to decide for what we think is right for our own investments, this is why I love cryptocurrency.

I guess maybe will back stable on 5.000$ , better sell bitcoin now and buy when the HF launched.
Because if not sell now , maybe we cant got huge profit again if sell on low price , better sell now and buy on low price then wait the price go moon again.
CMIIW , just an opinion.

I doubt it will be more than 10%, if there is even a dip of that much. It's overhyped and I just don't think there will be two big chains. It'll be one monster chain and a little one.

the monster chain being BTC and the little one (the altcoin) being B2X, I guess?

i think no one knows about how many percent will be the bitcoin fall. Cause its to hard to speculate i think its jus a prediction of some crypto users which is they all have doubts about after segwit2x.  I think for me about that segwit2x it will happen but ithink it will not make bitcoin value cheap like what happened before.

It's not that hard to speculate till now we have seen 3 SegWit/hard fork and price did fall by 5% , 10% and even 15% on some exchanges but as soon transactions resumed the price quickly rose back to $6k or somewhere around it. If you are looking to profit from this get your usdt ready on any major exchange quickly buy btc during the dip and make quick profit.

I would agree with you btc has grown a lot and rumours again surrounding china is going to introduce p2p exchanges there is no chance of a downfall.

The prediction of some analyst is an everage of 23.5% drop. This is gonna impact a lot and hopefully people will not panic to this drop because it will stoll recover. Bitcoin has proven itseld already for the past years that it's value is continuing to increase in the long run. Many factors has already affected it but it still managed to recovee. And with that, I also believe that it will recover this fall and may come back stronger as the demand goes high by next year.

Let's recall some facts. In January and September PBOC's news for more requlation on bitcoin exchanges and possible ban resulted in 30-ish % drop in the price for 1 day, in total 42% drop from the last ATH. Actually these news were not bad for Bitcoin since they didn't endanger its existence in any way. Moreover, everyone should have been happy that China's 95% dominion on the market is gone and transfered elsewhere. Now, let's contemplate what can happend shortly after the HF. It is obvious that most of the miners will switch to B2X. Those who seek dayily profit will switch as usual to BCH which will have by then an imroved 12 hour EDA. In that situation for a surprise to the misinformed traders, many exchanges (including the largest in USA - Coinbase) and wallet providers will declare B2X as the winner with the longest chain and call it Bitcoin. During these days there will be not a slightes motive to buy the legacy Bitcoin. We can expect this uncertainty to bring 30-is % decline of the price. This drop will hardly end in 1 day and probably will continue for days and weeks. At this time the estimated B2X price will be around 1000$. If this uncertainty continues too long, the damage of the price could be huge. I can't predict the total price of the 2 bitcoins, but I don't see how one can be certain that bitcoin will hold its price after the fork.  ???

I don't think that there will be any fork-related drop until people find a safe way to split their S2X coins.
In fact I don't think that there is any way up to now.

We don't know what happen to bitcoin price if the prife decrease or increase. But if decreasw the price I think the possible price become 5k dollars and I hope it will not decrease like 4k dollars. But for sure if the price of bitcoin decrease it will recover fastly because many people for sure buy bitcoin and for sure it will back to 7k dollars or maybe we see 8k dollars price.

I think the price of the Bitcoin will be very volatile. It depends on the behaviour of the miners. If the hash rate is solid, the price will rise again.

Bitcoin is very volatile ever since, maybe after 3 days price would experience a little dump. But, eventually it will roll back and will continue to rise again. This is what I believe just like the segwit happended before.

It can fall to minimum of $5k, which is almost 33% less than the current value. In the very worst of circumstances, where there is confusion and non-acceptance of the S2X fork, it can still fall to a bedrock level of $2k, not lesser. The fact that it is rather well known and that a lot of people have invested into it will invariably prevent it from falling beyond the level above mentioned.

I do not understand why everyone says the price has been rising because of the fork and it will plundge just after... For me there is no debate : this price rise comes from CME and all those positive news that appeared lately. This attracted lots of new traders, that pushed the price to new highs. And those people do not know at all about this fork - even what a fork is - and why for people on Bitcointalk it should make the price going up and down.

The outcomes of the upcoming fork is hard to predict . It is quite impossible to know what is going to happen . In the past , many forks lead to the dip of bitcoin price but not to the extent that it will give huge losses to the people . Yes, bitcoin may fall my 20% compared to the ongoing value but i think it will be wiser to wait for the fork to end and the alt coin to take a huge dip . Because ultimately at the end , after all the forks bitcoin is going to rule .                                                                                                                                     

This is definitely true on which no one really knows or can predict on the things on what would happen ahead but we can already presume on the things that can possibly happen which is commonly that bitcoins price will definitely fall or corrected after the fork when people decide to get or make profit taking and go back in alts.

20% is a big number when viewed from the current bitcoin price, I also feel there will be price correction after hardfork segWit2x mid-november this. but I only estimate only about 10% only. but hopefully there will be no correction after hardfork and the bitcoin does not go back down as it has been passed.

I really feel that bitcoin will hit $4500 after the Segwit2x fork and it will bounce back to $5000 and maybe getting stable there. But I'm sure that it's downfall still depends on FUD spreaders that will come out after it and say bitcoin is over and dead again.

It seems to me that this fork will be the most dangerous. I'm sure bitcoin will recover but it may take more time than usual. The whales will take advantage of this situation to reduce the price to the maximum and hold it in the lower limits until not subside the panic. During this time they will buy up all the coins. I hope that this will be the last fork in the road.

Given the events and circumstances previously we have seen btc will always bounce back to whatever level it may fall even if it had to fall. i do not consider a large fall coming, though I think buying will increase in coming time and may be just before a day some sell can happen in case a panic situation happens.

B2X cancel or postponed..BTC price trend bullish. I think what OP discuss here wont happen