Bitcoin Forum

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

You are looking at bitcoin the wrong way. People that bought bitcoin, did so just to get free money with the fork, 99% of bitcoin holders don't care whatsoever about bitcoin technology, they just want to be rich, speculate. It's not going down, not to 3k at least. It will surely drop a bit but it's almost 24 hours after the cancelled fork and the price is pretty much the same. Even if it drops 1-2k it would still be at 5k and even at 3k it's still a lot considering it got there in merely months.

Also SW2x was not bitcoin's hope. We do need a solution for scaling but clearly SW2x wasn't the one. A lot of people viewed SW2x as a threat, not a solution. There are other possible solutions that will hopefully be implemented in the near future but for now bitcoin is going to be the same. I know people that owned a good amount of bitcoins and they didn't even know about the fork. Bitcoin is an ''investment'' right now, almost no one uses it as currency, everyone is buying to get rich fast.

You are not right. Of course I support the idea of increasing block size. But I do not believe that it will greatly affect the price of bitcoin. Such prices as you call it is fantastic. The miners did not support segwit2x because of their greed. If you start such a fall in prices they can easily stop. The same greed will not allow that to happen.

don't be sad, you still have bitcoin cash. this shit is the best scaling altcoin ever. it's also so much cheaper then bitcoin, people love it.

hahaha.. kwuckduck. Bitcoin's biggest loser resurfaces. Don't ever change man, I love knowing that you are making no money in the crypto space, while so many other people are.

Or you could just use Litecoin instead....faster blocks and well established :)

There are those who predicted that had SegWit2x not cancelled, it would result into some sort of a chaos and can even be the one to enforce a big crash on Bitcoin. In other words, it is just fortunate that it was eventually cancelled as it was not actually the right solution that the whole Bitcoin community is looking for. In fact, there are many well-known cryptocurrency personalities who started a campaign to block the implementation of the planned SegWit2x and they cited many valid reasons for that.

It is quite funny for OP to be predicting an unbelievable big crash suggesting that soon Bitcoin can reach as low as $2,500 level just because the scheduled hard fork is now gone for good. I think it would be really be the other way around. As of press time, Bitcoin is having some corrections but it can soon be bouncing back and there is a big possibility that it might try to win over the $8,000 level though am predicting it can stay within the range of $7,500 for some time before making any real surge ahead.

i was thinking about possibility of some correction now that there is talk of SegWit2x cancellation but now that i have read this topic and also based on kwukduck's past history i am starting to think that other topic in this board saying "$10,000 by the end of 2017 is guaranteed" is not looking silly anymore. so thanks kwukduck ;)

and thinking more about it, i can see how that can be possible since nobody is in panic mode because of the fork and possibility of any split is not 100% eliminated.

Probably not, 99%.
Bitcoin price will increase towards $7500 again and reach $8000.
If bitcoin price drop back, it won't fall further than $5500.
There is no reason for bitcoin price decline at this point, 2x suspending is not a big deal as segwit could afford current transactions.

Here we go again! A notable FUD for kwukduck, always kwaking nonsense, it is not kwukduck if it is not about FUD, we are just experiencing the correction of the pump that we are seeing right now and I think we will be having a drop sooner or later but not as the duck have predicted right here, I am use to the duck always spitting some FUD whenever bitcoin have a Hard Fork, or bitcoin value moving unpredictably.

Bitcoin has Segwit already implemented, so there is nothing that we need for now, other than Lightning Network eventually. S2X was nothing more than a tool for a bunch of greedy tards to exploit Bitcoin in an attempt to make millions in profits instantly. You know that, I know that, all people with a functioning brain know that. S2X is nothing more than a redundant piece of garbage.

People are free to move to any other shitcoin that this market counts. No one forces anyone to stick with Bitcoin, but yet they continue to stay. ;)

In other words, you have sold every satoshi that you own? Mind showing some screenshots, just to make sure you put force behind your (empty) statements?

Dash is waiting to pick up where bitcoin left off.

Segwit2X is only delayed at the moment mate. It doesn't mean that it's not gonna happen, it will definitely happen but will take some time with more strong protocols. The price fall mean while we are expecting is basically the flashback for what people were holding bitcoin and were not converting them into fiat to get extra bitcoin2x as announced by the exchanges. The bitcoin sales is crowded at the moment which will take a week to get back to a rest situation which will bring bitcoin price up again.

With an instamined, insecure anonymous transaction network that extracts rewards from miners to fill the pockets of early adopters? no thank you :)

Have you considered the possibility that they already made millions in profit even if the fork isn´t going to happen? Many people, who bought
S2X futures on certain exchanges weeks ago will receive nothing now and will see their futures expire worthless or for a fraction of the original value.

https://coinmarketcap.com/currencies/segwit2x/

Some people, who sold these futures with the insider knowledge that the fork will be cancelled probably profited immensely
from this. Additionally, the exchange operators probably made huge gains as well (probably insider trading as well and of course
through trading fees).

It would be interesting to know since when the people, who signed the recent message regarding the fork knew that the fork
was never going to happen.

The duck has spoken! No mercy, take your sites boys, Bitcoin will RISE and pass the $8000 barrier before the end of November

Even without Segwit or hard fork, Bitcoins price will go up and that's because of the increasing demand due to more and more people are getting interested with Bitcoins. People nowadays see Bitcoin as a good investment rather than an alternate to Paypal. A pull back or correction will be felt but I see no reason for Bitcoin to crash or dive to $3,000 USD.

people who signed the message in the mailing list of SegWit2x are the ONLY reason why people are saying the fork is not going to happen or canceled! there were no other indications. of course apart from ViaBTC now signalling for bitcoin cash instead of NYA ;D but i think that happened after the email was released.

and all about this can be considered as good news in my opinion. now there is no risk of any kind of split as it was before.

No, I think we will find a little dump near around 6000 usd. then It will Hit again. I expect around 10000 usd during this year.

I don't think so and I expect even higher prices than current price in coming days. Now there are a lot of bitcoin holders that really believe it. They no longer panic after such news. They hold bitcoins and cause the price to rise very much.

It probably will have a juicy fall, but not because people care about scaling. All they wanted was free coins which wouldn't have been possible to obtain safely anyway. Now that's off the table it's back to alts.

1000-1500 really ? Even without segwit2x the price will stay on $5,000 or at least $3,000 minimum, no way the bitcoin price can fall so hard into $1000, i'm sure of it. The bitcoin price will fall for sure because of this cancelation but it will bounce back very soon on the next month.

i agree with you 100 % . Prices bitcoin will drop sharply . I expect bitcoin price 3000 usd this month or after

People lost a confidence about bitcoin .
 
As for crash yes it can happen easily

People know this cancelation not good for bitcoin But they hides that feeling
 

Exactly, accumulation phase was going on in Bitcoin because of BTG and B2X free coins. Most of the people here in crypto community are in for short term huge profit. They invest in pumps and not in underlying idea. Nobody cares about tech or potential but short term gain. Same was happening with Bitcoin and altcoins. Excessive buying of Bitcoin lead to fake growth and hence correction is inevitable. But again some potential news regarding Bitcoin can reduce the effect and we might not see any major drop.

I have no idea what some of you are talking about - forking Bitcoin with SegWit2x in its current state is a suicide.
A lack of replay protection, possibility of coins being accidentally spent on both chains - is a major no-no and even Nick Szabo come out against SegWit2x.
I'm not against forking, upgrading or SegWit2x in general - but please don't' rush things and don't tinker with Bitcoin's future.

Ha, I'm sorry but I see about 0.0000001% chance of this happening, sure we will look for scalable alternatives but that does not mean bitcoin will crash so hugely, bitcoin will very likely not even breach 6000 usd.

Back from the grave kwukduck? ;D You should get an award for the best troll ever who never gets tired.You don't miss a chance to troll.Bitcoin price never gonna fall to 1000$ lol.We may see a small crash but it will recover as it always does :)

What made you feel like that? Scaleability? S2X was a hope? Nope. S2X was just another plan like BCH (in my views) and everybody wanted it for free coins, nothing else as they don't know what scaling is, they are just in for free money. And by the way, Bitcoin has already managed to scale the transactions and fees way better than it used to, after having SegWit into effect which helped it compress the transactions to include more of them and confirm faster with lower* fees.

* = Depends on a per-transactions basis.


Nobody wanted S2X IMHO, so where's their hope diminished? Isn't it still there?
It will not go under 6k, mark my words.

There is one small tiny ray of hope still, one, the fact that CME group of trading will list bitcoin in the future, which would make the demand and supply forces to be hyper reactive. Bitcoin, since it has crossed the 7.5k$ mark, a lot of corporates are thinking of making some use of bitcoin, this is going to have a less impact but still there is some hope still out there.

till now SW2x cancelation only made small correction without crash . so hope to happen small crash in few days

I disagree.  I think that the uncertainty over possible chaos with the segwit2x fork has been holding bitcoin back.  I, too, want to see cheaper and faster transactions, but given how the whole NYA went down, it seemed to me like the only good outcome of the fork would have been if segwit2x turned into another alt coin.  If it had taken over BTC, I think that a lot of trust would have been lost since there wasn't community consensus.  I was for the segwit2x changes but against the manner in which they tried to make them.

I am looking for same thing to happen as i am all in to alt coins :) lets wait and see how bitcoin price bleeds.
I hope we will see 5000$ until christmass

Thanks kwukduck, you have given us another bullish trading signal as you did in your posts in the past.

Everyone, in case you did not notice, all of kwukducks's bearish posts are a good indicator to buy more Bitcoins. He has perfect timing on giving his bearish signals, but what happens is the opposite.

The drop was a healthy pull back, since the segwit2x seems to by hyped hours before the said time that segwit2x will happen, and now we are seeing a correction in the market, since it is clear the segwit2x was postponed or canceled at this time, but they never said that they will not pursue with it some other time. Now that there is a drop, it best to buy bitcoins now and not panic, because of the drop, we still need to analyze all our options and make sure we still profit even there is a drop.

I totally agree that price will crash soon. Already we are below 7000 and bleeding like cancer.
In my opinion we will see 3000$ in few weeks . All people were waiting sw2x fork and a faster network.

2x is going to go ahead

how is kwuckduck related to proudhon?

we are already under $7000. No matter what people say, the community staying united does matter. We could have been at $10000 if we didn’t have so much uncertainty about forks.

Oh boy look how wrong i am again. Yesterday we were at 7800 usd,  now we're at 6800,  losing 1000 usd in a few hours... mehhh it's not crashing at all. My prediction is so unrealistic lol.

Fact is hope is gone for Bitcoin.

It doesn't scale, it will not scale,  it's an environmental disaster.
People will invest in real scaleable solutions that work.

You are wrong on so many levels, and it makes me sad to see that there are so dark people like you. We hear words of Doom day for Bitcoin coming all the time... but yet here we are, still dealing with Bitcoin and everything that goes with it. SW2x was not Bitcoins hope, it was something that some people supported and some didn't. And now people have decided that it will be best not to implement SegWit2x. Scaling of Bitcoins price was expected, but those numbers that you think we will see, are just impossible. As of people who don't believe in Bitcoin, well they are free to go, but soon they will see that leaving Bitcoin is bad idea. You should have more hope, and with that more value.

As of nw we experiencing the peice of bitcoin decrease. Maybe because of the people buy bitcoin because they wait to segwit but the segwit is cancelled so they sell their bitcoin. Because if the fork is still on going they can get bitcoin gold but because the fork is cancelled they sell it . But I hope the price will increase again so dont worry about that it's normal to every coin.

I am bit surprised the reaction btc2x is gaining, it should not be a bug surprise that it was going to fall, cause it had failed to clinch the support, plus it didn't even have replay protection so not a big surprise that it failed. Yes the prices of Bitcoin have come down but I would say every dip is a buying opportunity and there no need to worry that it failed, cause I don't think so it has, people are just getting paranoid, Bitcoin shall rise to glory very soon, I am 100% positive it shall rise. Just a temporary setback.

We can already see massive dumping of Bitcoin of people to get their hands on Bitcoin Cash

Dash will continue onwards with or without your endorsement.

Dash was fastmined in the beginning, no one tries to hide that. I would say that is small compared to ICOs and initial distribution of new coins. Dash has been available very cheap for a long time on free market in as much quantity as later adopters would have wanted. You didn't buy because you thought it was a scam. Your loss.  

Dash extracts rewards from miners to fund the masternode network and treasury. Masternode network comprises incentivesed nodes, this forms a strong network. Treasury funds core developers, enhancements to the ecosystem, marketing and much more.

Dash has just upgraded to 2M blocks without controversy, its latest hard fork, like all the previous hard forks, passed without a rival blockchain being spawned. Dash has low fees and is integrated in more and more places.

You write it off you miss out.  

Yes there were some people on social media saying that a supporter of Segwit2x controls 30% of Bitcoin's hash rate. I believe no one is taking him seriously. Many believe that he bought at the top to get free B2x and then got angry that hard fork was cancelled.

kwukduck's trading signals are always the opposite of what the market does.

crash will happen  if 2x win and may use it so that bitcoin will have coin against it (price may be down more than 1000$) but now it is small correction

I'm not endorsing it, you are the one shilling it in a thread about S2x :)

I did own Darkcoin back in the day, and it was a great project until the dev team took a totalitarian stance on it and basically told everyone what to do.

It doesn't surprise me that there aren't any controversies, as it's a completely centralized development team with nobody else having a say in it, I doubt very much rebranding and many years of climbing the CMC ladder have stopped that, there are simply a lot better alternatives out there for anonymous transactions, notably Dash's only strength. With zkSnarks and CT Ring tech advancing, it's only a matter of time before people wake up to the newer models of anonymous transactions (isn't Dash still based on CoinJoin technology?), but that's only my take. To each their own and if you are happy with Dash then by all means stay with them, I'm not to fight you, just trying to enlighten people about your shills and what they are actually getting themselves into before they spend money on the product.

I'm glad I sold when I did, even if I made a loss, it was worth not contributing to centralization at that time and I would do it again, even if Dash were number 1 :)

 Dash is relevant to this topic. Many people  looked to S2X in hope bitcoin might increase blocksize and in doing so perhaps help bitcoin reduce fees and speed up confirmations. The failure of S2X means you have to look at Bitcoin cash or Dash for onchain scaling. S2X option is gone.  

Replying to your FUD about Dash does not make me a 'shill'. You imply I am paid or a plant or stooge or something. That is not the case and I don't appreciate the accusation. I happen to like Dash and seemingly know a lot more about it than you with your ignorant dismissal. When I invested in Dash it was because it was the only coin with a tier of incentivised nodes, not because it had privacy features, although the privacy features do work very well.

For the record I also like bitcoin cash. Onchain scaling is not without its problems but the same goes for offchain scaling. The lightning network is not the solution I want. Imposing a banking layer on top of the blockchain sounds worse than blockchain growing at quicker rate. Dash has a clear roadmap looking to push scaling as far as it can on chain.  

I am sure new investors might dump bitcoin if they are in profit to get into bitcoin cash,but old investors did have the coins in their arsenal and when it hit a good price ,the chances of a dump is also possible with bitcoin cash  ;),i do not expect a sudden rise in price like we saw in bitcoin but if it is a gradual growth,i am happy to see that as a trader. We needed a correction after the long rally and glad we will have at this point.

Investors dumping bitcoin to get into bitcoin cash depends on the relative pricing of the two. Plus you need to see where the short-term trade is. If by chance Bitcoin implements a scaling solution as well, then we will see Bitcoin Cash crash very, very hard.

Crashing bitcoin is a disaster! The bitcoin price can crash any time easily if bitcoin does not want SW2x then it could happen. Hope will always be there, this is just a game for the investors, we are only a small grain that always follow the bitcoin storyline. :'(

Kwuk always shows up when the price takes a small hit. He doesn't take into account the huge gains it has made before and only chooses to see the stuff he wants to see.

Up till now it has always been a good thing to buy when Kwuk says its going to crash. I mean, he's been saying that since 200 usd.

Yeah, but this is ridiculous. Do people realy think that Bitcoin cash replace Bitcoin? That this one rise could mean that Bitcoin cash would be better option? I don't want to believe that some are ready to do that. We have complicated situation at the moment because of fork cancellation and so many different opinions and streams within the Bitcoin community which is very bad and makes the confusion but all this fud about the end of the Bitcoin are way too exaggerated.

I that happens that bitcoin will have its gradual growth today, well I am positive that it was just a balance situations on all crypto currencies. That happens with a purpose and it was just a matter of supply and demand scenario, if those investors dump their assets then we can see supply increases. Fluctuations took place of what's currently happening right now but the thinking about bitcoin crash after that cancellation of segwit2x isn't a good speculation. If we see bitcoin fall down of its value, we can't conclude that it will not recover its value but expect it will bounce back and that $8000 will become a reality this year.

Accumulation increases more than 160k unconfirmed-transactions + rise of fees   
These results because Cancellation SW2x


yes bitcoin can crash
 

It's likely some sockpuppet account aiming to spread FUD to cause panic and ultimately gain money.

He also praises BCH when it's held by a giant miner with ASICBOOST plastered over, moreover solves no environmental problems.

The 2x event might not even be canceled yet but the reality is that we'll might be seeing bitcoin gold coming live in terms of mining and in markets. I don't think that what's happening with bitcoin's price is all that related to real world events though. Cryptocurrency markets are unregulated and driven by speculation so the selling pressure might as well just be profit taking form the last few weeks.

Or you look at any other of the 700 altcoins :) Anyways, I haven't accused you and sorry if you interpreted it this way. As I said, I'm glad your happy with your purchase and your Masternode coin but don't make it sound like as if Dash or BCH is the only solution when any coin has the same technology and sometimes even better (isn't the block confirmation time for bitcoin cash still 10 minutes?) and can solve the scaling in an elegant and modest way at least as good as your coins could.

Not gonna reply anymore since you're set on your opinion and this is about B2x and not BCH or Dash, so it's irrelevant to the topic and I will no longer contribute de-railing this thread with a pointless quarrel.

To prove that kwukduck's "warnings" are a good time to buy, let us time stamp his post made on November 9, 2017 by quoting it.

Then look at the price of Bitcoin following after he made that post,

The timing is very bizarre as they also were in the past. I believe we have our own oracle in the forum, but we do the opposite of what he says.

true enough.
i have always said kwukduck is like those little green leaves on the branches of trees which are giving us news about spring ;D
whenever kwukduck says something, it always translates into "The Spring is Coming". and surely enough he always says it in the dips, near the bottom which is a well known time to buy bitcoin. and the rise is always guaranteed.

he has been doing this from 2010!

Since 2010? He must be pulling all his hair from all the missed buying opportunities. But beware though, if he starts giving bullish advice I believe that is the signal to short Bitcoin.

Mr.kwuckduck,i don't understand why you have tonnes of hatred towards bitcoin.May be you have faced loss personally by investing in bitcoin earlier.SW2X has nothing to do with bitcoin's progress.Infact,the big threat for bitcoin has totally gone now.The road for progress is now clear.Its now quite clear that bitcoin could not be replaced by any clones even if it gets pumped vigorously by big whales like bitcoin antichrist Roger ver.Once again sad news for mr.kwuckduck.

When there's a hard fork, expect that Bitcoin price will soar and thats what happen prior to cancellation but after new breakout about the cancelation, price dropped a little but remains bullish, it was BCH started to pull up when price of BTC slowly goes down but it didnt last long when BTC begins to climb again and broke another ATH. So, it's the other way around as I see it, after the segwit2x cancellation not as OP claims.

LOL Mate. You have been long here long enough that kwukduck has so much hatred on bitcoin and he has even predicted the death of bitcoin several times already but gone missing when bitcoin price is skyrocketing. As evident of his post when bitcoin drops during the Bitcoin Cash attack. But kwukduck is legendary here, LOL, when all his bold predictions about the downfall of bitcoin. And for all we know, he secretly buys bitcoin during that dip and how accumulated so much  today. LOL.  ;D. And we already saw that bitcoin will not crash and cannot be overtaken by some altcoins like Bitcoin Cash.