Bitcoin Forum

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.

The upcoming fork (and the previous one on october the 25th) certainly plays a role in the current giant bullrun. The developments around BTC have hit the media and an unprecedented number of people are rushing into crypto with the aim of making easy profit. A crash after the 16th could occur but perhaps even sooner because the current rise in value of BTC is too sharp to be stable. I've emphasized the words 'could' and 'perhaps' because the current cryptomarket is more unpredictable than ever!

For me, i'm strongly believe that this fork will boost the price of Bitcoin to the Sun. Everybody are trusting Bitcoin for now, so every single fork will make push the price of Bitcoin to a new level.

everyone knows that prices will fall after every hard fork so that is why their is nothing new in upcoming fork of segwit2x on 16 November, prices will fall at certain point like $6.5k or may be maximum $6k, but as we all know the prices will always recover after one or 2 months and again bitcoin gainstability in cryptomarket.

It's forbidden by the law of many countries to give adviced on this

Thanks for the feedback again

Love the support on this forum!

Since the ramsonware attack of bitcoin it has been increasing by a lot of money, and then there was the first fork, in when the price climbed from $2000 to $3200 in just a few days, and then with the last fork, it went from $4500 to $7500, this is insane, i dont know how much it will rise with this new fork, but of course that bitcoin is only rising because of rumors and because of this forks, of course, maybe without them the price would still be at $2000 at the moment.

Major crash will be happening after the bitcoin gold fork, at least a minor correction will be happened. This fork not looks good in my opinion. there is no actual date about when the fork will have done. The developers just like amateur to handle this shit fork with not commitment about the planned date. especially about there is no a lot of interest to support the bitcoin gold.
The developer pure just try to make a hype to this one. The possible thing for bitcoin to reach $5900 again.

Yes it is possible but that's not problem at all maybe it will crash but it is not too low maybe its only slim crash of the price of bitcoin. Fork is only to build more stronger the foundation of bitcoin.

A big drop I don't know, but I expect some drop on the price, yes. It's a big possibility as people want to claim their extra money from the fork and cashout right after to check how much profit they have made. But keep an eye on it, nothing here is 100% sure to happen, if you see BTC price is falling after the fork I think it's a good idea to sell the BTCs and buy cheaper again in few days.

maybe that crash scenario will happen or maybe not we cannot speculte bro. And also we are  far on 16th day of November why not try invest now to get more profit before the fork made. Cause now aday bitcoin is continuing to climb even sometime its fluctuate. Dont worry about the fork and i have doubts also about that fork maybe it will not fall deep maybe a little bit.  

Currently I don't think that the impact of fork has been taken into effect, this rally has been done due to the launch of future's which is to take place down this year. The fork so far has mixed impact, so there are people who are for it and there are people who are against it. Currently there's not really much clarification on its support. I don't think we may see a crash but prices could be haywire for a while if they don't clinch support and they don't have action replay, so that's a risk which can harm all it users.

There is a small chance that the price will crash but i dont believe that it will go down below $6,000 but right now bitcoin price is unstoppable thats what im afraid of, i hope that after the fork there wont be any major crash that is going to happen.

hm i think it is not good to invest bitcoin now because of it's high value, just wait for big dump dude :D

Exactly, the value of bitcoin was so expensive to buy now. But for me it's better to buy now ( but it's depend on the budget ) because bitcoin will never stop increasing his value, so when you buy now you wait for the highest price and sell to gain your profit rather than you wait for the lowest price before you decided to buy.

We are not so sure what can happen in this coming Fork, in the recent Fork we can see that the price just drop a little but it went on and on after the Hard Fork ends, I am not so sure but if this next would be the same then I think definitely try and buy bitcoin if you don't think that the price is to much for you, because that investment can go to the moon after a year or so!

Yes, it's the reason why the price of bitcoin is starting to moon. Have you entered to bitcoin earlier?

I'm expecting any crash to happen as the market is quite in a bull run, there are some corrections that are happening so that's enough instead of a crash.

I'm too old to remember that but it's because everyone has sold their BCH to bitcoin after the fork.

you are wishing to purchase Bitcoin and lots of new soldiers in the field, too. This means that when more and more demand to buy bitcoin then it will push the price up Bitcoin because the number of Bitcoin exist in the world is fixed
i think after the fork the 16th of november the price will probably decrease a little bit and stabilize back
I can say it is not late to buy Bitcoin at now

- I think yes but if bitcoin 2x will fail to gain good amount of miners support than there will not be any significant pullback on bitcoin's price.
- Just look at the chart again, there was strong correction just after fork but within few days price recovered and still pumping hard.

Actually it looks like current pump is fueled only by fork speculation but we might have few millionaires or big whales pumping bitcoin's price hard before fork to dump after fork or few days before fork to book very good profit.

After the fork seems to be a best answer, If the bitcoin segwit 2x coin already distributed to the all of bitcoin holders and that means if we are starting to see about the real test of the bitcoin price.
A lot of people will take their own profit from there.

Yes, it's quite possible that the price increase that we are experiencing now is due to the upcoming fork but along with that, a great contributor is the positive news about bitcoin such as amazon. I think this would make the price go up even after the fork as well. It's hard to tell what may be the result of the fork this coming November but it's quite possible for there to be a crash. It would mainly depend on the support of the bitcoin users - so far there are some who are not interested at all while there are others who plan on support it. Whether there will be a crash or not, I still expect the price to go down. During the BCH fork last August, the price went down but right after it went up very rapidly. Most just dumped their BCH right after. So the results of the upcoming fork would really depend on the reaction and support of the users.

You are safe to invest in bitcoin as long as you can afford to purchase right now because for me their is no guarantee that bitcoin will fall down during the segwit2X because lot of holders have already experience the bitcoin hardship before that they keep the faith and hoard. As a result they are now enjoying the benefits of holding the bitcoin from the long run. Soon they will enjoy it most if it will reach the $10,000 mark with no sweat.

It is better to hodl Bitcoin right now and wait for segwit2x, and and then hodl till you meet your goal, my advise is to always keep the fundamentals of investment, particularly, saving for the future, if you save your bitcoins now, and use only a small percentage for your expenses, you will see and feel your investment growing, and always catch up with the latest news, I think Bitcoin crashing after the segwit2x is unlikely, a slight dip may happen, just to have a correction in the market, but it will not crash, since an example of a market crash is like Blockbuster, before it was highly valued, then Netflix came in the scene and it plummeted and since it became obsolete, that is a crash, however for bitcoin,  a lot of people will still be using Bitcoin in coming years, and it's value will still go higher.

Obviously that it is because of the fork, and it will continue going down up because of that. but the charts are pretty weird right now, because all the opposite is happening at the moment, well, yesterday it was about 7000 each bitcoin, and now it is upto 7100 one of them, so it is a little bit weird, i dont know what is going to happen until that fork is done, but i am sure that it is going to be a mess and nobody will know how to react over this one. I hope that all this problem is going to be fixed soon.

Every time the price of bitcoin has moved in an important way, we tend to explain it through strange justifications and theories, including the pseudo science called technical analysis.

But in the end the bitcoin is mainstream and this big rise has not started these recent days, but since the month of December last year. Therefore, I do not think the bitcoin price will lose the pace for the next hardfork, but on the contrary, it will consolidate its bullish career for a long time.

I am happy from your recall, you understood pretty well how so many expected a crash to happen as a result of the BCH fork which never happened and we even had an ATH after then. The thing is that we cannot predict anything, but the good part is we are the market, we are in control and we make the huge chunk of the decision.

What would happen is still unknown and I do not really see B2X as bone of contention as it does not have the user's support which to me would seems just like all the 2 previous forks we have had. However, there could be some unrest which might make BCH to seem more like a better alternative to quickly switch to, but we cannot know now right?

I am really very optimistic about that. Most people would still end up dumping their B2X even if any exchange or anyone ever wants to support it in the first place due to the replay attack protection they do not want to include. Bitcoin core for now remains the legacy and what we will stick to eventually, and the whole forked chains would just end up dead as they are meant to be.

If you have really followed the past 2 forks, then you would know that what you have said is not right.
Hardly was there a huge fall in any of the forks except for the China news that happened after the first fork which was even a month after and had nothing to do with the fork.

However, all forks have even proven to the users that it means even much more surge in price for bitcoin and even whenever we see some slight corrections; it does not even take up to 2 months like you said, before it recovers and head straight to the moon again, barely 2 weeks before we even see that.

There are many different speculations about it. I think it is better to hold the bitcoins, because I've always seen the bitcoin as a long-term investment.

For sure the recent increase in the price is because of the fork. There is a large number of people who excepted to get free coins and so buying as much as they could, there are others reasons too. I am reading to see a correction until the end of this month but if nothing happens I won't complain. Everything can happen with Bitcoin. If I was in your shoes I would wait some days to see what it will result.


The things are different when you are on a forum and the laws that need to be followed here on bitcointalk are the USA laws. And if for example, you give advice to not invest in X or Y nobody will punish you for telling don't advise to invest Ni X or Y.

Investing in bitcoin is the best thing any wise investors should embark on.  From what happened in August first hardfork I can tell you that bitcoin will not clash after hardfork but always appreciating. However the November hardfork has been cancelled and you have a freedom to invest in bitcoin now as from now to middle of next year we may not have any hardfork issue. We should make our investment now as the fear of price clash after the hardfork is over.

My advice in investing You have to invest in cloud mining because big profits and your time is not much wasted, you just monitor your income without having to work. I think cloud mining is very easy and very fast your capital back, the more capital you spend then the speed of your mining and your income is getting bigger so I suggest in cloud mining using big capital so that your income also bigger. the most trustworthy cloud mining site I think is genesis even though your income is lower than any other cloud or newly emerging mine.

well I guess there will be a fall down of bitcoin price after the fork on 16 November, but with just a little decrease for a while and it will rise up again after few weeks, so maybe you should invest now because you will still have a great profit at the end of the year.

That fear of crashing is now happening. Better transfer your btc to alts or hold it for a longer time or wait for the next fork so you can maximize your profit.

It is just a bit or small chance of falling the price of bitcoin. Possibly maybe it is not just much and it will not affect the value of it. And perhaps, this fork has a possibility of boosting the bitcoin.

Not necessarily. Bitcoin is a hot topic all over the globe now. Demand for bitcoin is increasing rapidly.
Japan and South Korea are leading the march, additionally, we learned that Chinese ICO and Bitcoin trading ban is only a temporary measure.
Soon Bitcoin, ICO and the whole crypto market will be regulated in China. Indian and Australian goverment are seeking ways how to painfully introduce crypto regulation as well.
So as you can see there are plenty of bullish news - this is the reason bitcoin is so successful and the price is growing rapidly.

With the recent developments we need to ask ourselves what it is going to happen now that there is not going to be a fork, and I think the price is going to go down a little, this was one of the forks that people were expecting and now that there is not going to happen people are going to sell some of their bitcoin and buy alts that are very cheap.

Investment always bring a lot of risks i you dont know rules of money management. Pay attention to your strategy and trading rules before investing serious amount to any project.

If you want advice, I suggest you invest altcoin. BCH also does not matter. I see some of their threads say BCH will also tend to rise, in because it canceled fork this mid-November. it looks like there will be a correction for btc.

It is really a very slim chance for bitcoin price to be down after the fork. Certainly, it is possible we might see some correction but it won't be much before we start seeing the sight of the moon again.

Right now, it seems every giant and kids from every angle are no longer in support of B2X and it is being considered as a scam. Even the CEO of OKCOIN, one of the giant exchange in China, came up with a news recently that B2X is a scam and should not be supported.

The price of bitcoin always rises when there is an upcoming fork and later drop some days before and after the fork. So, with the look of the past forks, same thing has been happening, so which is also a major factor to the price fluctuation.

There might be some drop in the price which will not last long, and then got up to its price again.

Bitcoin will pump again and most waited to hit or reach high its value. Even these days it drops fast but btc will recover again. Yes it will not take long because most have believe on bitcoin.

Investing in altcoin is good because I think green days for altcoins will come. If this would happen we could earn profit if we choose the altcoin that has a future. I wont invest in bch, instead Ill go still for btc and the other is altcoin.

The bitcoin price will increase again, as the BCH split, the bitcoin price will only fluctuate slightly, then increase rapidly. After splitting on 16-11, the bitcoin price will rise higher than now, projected to reach $ 10000

This is terrible advice, it has been known for quite some time that most cloud mining websites are just scams or are unprofitable investments, the reason all people invest is to earn money, who in his right mind is going to invest in something we all know is not going to give you profits but losses? If you want to invest the best thing you can do is to stay away from those websites.

Actually these people has the very aggressive reasons that in their minds is an easy and quick profit without doing nothing. Its much recommended for them that they should take particular investments like of part of initial coin offering that builds new crypto currency. Although some investments has not been successful for so many times, but those investments will be refunded to investors and they would not scam you at all. There were reported scams at first because they've invested in scam ico platforms without any coin sales happening. Those mining sites pretending to be legit isn't reliable and reportedly scamming more individuals.

I Don't think there is going to be any further decline more than the level Bitcoin value reach $5,885 yesterday because I can see a strong surport from the previous history as at the Bitcoin was about to break $6,000 some weeks back. In fact, most of the top 10 altcoins return good from there investors, I will advise you to invest not only in Bitcoin but some other altcoins in other for you to diversify your investment capital.

The day where alts go up once again are going to come that is true, but the real question is if we are going to see another growth like the one we saw in this year in which most altcoins grew many times faster than Bitcoin? That is difficult to know because bitcoin is showing signs that is not going to stop, so even if altcoins grow it does not matter if they cannot grow faster than bitcoin.

The days of altcoins were found quite often with majority of the altcoins getting marked with green color. Some altcoins has shown growth percentage similar to that of bitcoin, but very few has got this continued for a while. With bitcoin the scenario is different, the growth continues even if it falls low.

No, I think it's not going to the moon yet. This is just starting and there is still a lot of growth space for bitcoin. Take into account that the altcoin marketcap is still very small, that the mass adoption is still very far and that few important companies have turned their eyes to bitcoin.

Therefore, once the necessary conditions are met, a bitcoin well beyond $100,000 is perfectly possible in future years.

Bitcoin enjoys actual demand, and that on so many different levels/aspects, where altcoins for the major part are only functioning as gambling tool for speculators chasing quick gains. But if we look at how the majority of the top altcoins have been doing, then there aren't many of them lacking growth -- crypto in its entirety is booming. People who look at Bitcoin as being too expensive to buy, even when they understand how divisible Bitcoin is, try their luck in the hope to experience a similar booming effect in the altcoin market. On top of that, altcoins are an easy tool to switch to when people look to hedge Bitcoin.

The cancellation of s2x really played a vital role in its sky rocketing price . I can't say actually that it played in favor of bitcoin or not . As per experts the fork was meant to stabilize and improve bitcoin . But i cannot actually say that if the price high is going to turn out good for it or not . I think looking at the price of bitcoin it will be beneficial to invest in bitcoin at the moment as the price is expected to get high by the end of year so investing might give huge profits.

Simple answer trust

long answer high demand of trusted member make price increase fast

Well first of all we need to know about the price you are good expert in price so then I think you can be a good investor because you have to buy bitcoin when the price is low and then you have to wait for a right time when the price go high then sell all your bitcoins and can take a very good profit from it and that’s what I’m doing here.

Most of the buyers are focused on Bitcoin. It is one of the best cryptocurrency in current market. Many altcoins also profitable investment. But people don't think a less value money. They think high value money and high profit. This is the main reason to ask the Bitcoin investment. But both are same profit for investor. So this is the actual scenario in cryptocurrency.

There are many speculating, but there are some smart investors investing in projects they think are going to be wroth a lot of money in the future, similar to what some people did back in they day when they bought bitcoin when there was not a lot of demand for it, but for every investor like that there are probably hundreds that are just speculating with the price.