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Author Topic: Bitcoin Gold Project Plans to Fork Bitcoin Again November 2017?  (Read 243 times)
imteaz (OP)
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October 07, 2017, 03:21:23 PM
 #1

So if it happens again, do you see price will fall or go up after the fork? And why it is happening, does it mean big corp will take over the bitcoin?
Please state your opinion.

gentlemand
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October 07, 2017, 03:24:00 PM
 #2

This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.
imteaz (OP)
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October 07, 2017, 03:27:48 PM
 #3

This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.

gentlemand
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October 07, 2017, 03:35:17 PM
 #4

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.

The price won't go down because of this. It's like a mosquito on an elephant's arse. There are many other forks that shot off from Bitcoin that no one knows about but happened.

S2X is the one with potential for real disruption but I don't think enough people are going to follow through on it.
thebanker28
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October 07, 2017, 03:41:29 PM
 #5

I was reading an article about this and the author suggested that the fork might be a joke or a prank of some sort - still, I guess being open source anyone is entitled to fork the code and more luck to them. I will for sure install the wallet and claim my fraction of a bitcoin gold, who knows it might be worth a small fortune in years to come - or it might be just a prank.

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Zalfa_mui
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October 07, 2017, 03:49:21 PM
 #6

This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.
from now on the impact is visible .. altcoin prices tend to go down ,, i stop trading to avoid losses. after all stable i will return trading..can this be the effect of the november fork?

Kemarit
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October 07, 2017, 04:07:36 PM
 #7

This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.
from now on the impact is visible .. altcoin prices tend to go down ,, i stop trading to avoid losses. after all stable i will return trading..can this be the effect of the november fork?

No I doubt that the looming fork in November has direct impact to the price of alt coin. I don't know how you come up with that idea. And if ever there is an impact, it will be temporary. I think we have seen what happened in Aug. Actually the opposite happens, bitcoin did not slump but moved past $3000 on Aug. I also think that the fork will not occur. It didn't gain any traction as far as am concern. So where is the demand if there are no support from the community?

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Svelto
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October 07, 2017, 06:02:34 PM
 #8

So if it happens again, do you see price will fall or go up after the fork? And why it is happening, does it mean big corp will take over the bitcoin?
Please state your opinion.

Well I guess Bitcoin price will rise before the fork and fall abit after the fork. Many people will buy Bitcoin before the fork hoping to receive Bitcoin Gold.


This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.

Same thoughts, I am thinking whether to sell some altcoins and buy back when the altcoin price go down.
Zalfa_mui
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October 09, 2017, 01:20:28 AM
 #9

This one will be much less of an event and much less of a problem.

It's a proper fork, not some weird kludge without replay protection. I doubt many people will pay much attention to it so there won't be a price effect. It's created by people with no major backing or agenda.

My only concern that if even if bitcoin price go little bit down, Almost all Altcoin will go down about 30% to 50% dip. That will create panic for at least couple of weeks before it settle down. and Many people do not know about it and will sell in loss.
from now on the impact is visible .. altcoin prices tend to go down ,, i stop trading to avoid losses. after all stable i will return trading..can this be the effect of the november fork?

No I doubt that the looming fork in November has direct impact to the price of alt coin. I don't know how you come up with that idea. And if ever there is an impact, it will be temporary. I think we have seen what happened in Aug. Actually the opposite happens, bitcoin did not slump but moved past $3000 on Aug. I also think that the fork will not occur. It didn't gain any traction as far as am concern. So where is the demand if there are no support from the community?
it's only temporary, bitcoin and altcoin prices will go down. after that it will back up even exceed 5000 $.
may be the effect of panic selling, you know yourself traders if you hear any news immediately panic and sell their bitcoin.

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