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Author Topic: BTC price directly before the fork  (Read 1173 times)
santieevanz
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August 02, 2017, 07:25:23 AM
 #21

Two alternate theories:

- BTC price will go up directly before the fork because everyone wants some free BCC.
- BTC price will go down directly before the fork because forks are kind of scary.

Which one do you think?  Huh


For now, the bitcoin price increased because the fork is done. Forks are better for open source projects from KenR.

- BTC price will go down directly before the fork because forks are kind of scary.

Which one do you think?  Huh

Well, based on my observation it has only a bit effect because as you can see today, the price of bitcoin are still increasing which is a good news for all of us.

1Referee
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August 02, 2017, 09:05:58 AM
 #22

so far, the price is stable at $2900.
it seems that big whales do not care fork or not.

Actually, the price is hovering just above the $2700 level, but that's not really interesting. Interesting is the fact that no matter how much the 1st of August was being "hyped" up to be the doomsday by a huge load of people, it turned out to be the exact opposite - Bitcoin maintained its price extremely well. At the end of the day, people have gotten a nice bonus as well, that they can now or later convert into Bitcoin. In that regard, you can indeed conclude that the big boys didn't really care. Unlike most of the noobs here, large players actually know how things go in this market. I must however point out that traders were also incentivized to keep holding their coins, or even buy more on-exchange, due to BCC.
BTcoint
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August 02, 2017, 09:14:00 AM
 #23

I speculate the price of bitcoin will hit easily 5000 USD after the success of yesterday fork but BCC has lots of eyes on that market with 6000 profit increase any possibility for that market to handshake bitcoin price or it just hyped now .

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aysg76
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August 02, 2017, 11:28:12 AM
 #24

I expect bitcoin to uptrend soon to 3000$ after the success of yesterday's fork and even bcc has a good start. So we can see market is quickly recovering after the splitting

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TrumpD
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August 02, 2017, 11:31:35 AM
 #25

Two alternate theories:

- BTC price will go up directly before the fork because everyone wants some free BCC.
- BTC price will go down directly before the fork because forks are kind of scary.

Which one do you think?  Huh


Both scenarios did not occur, The price has been relatively stable before and after the implementation of segwit, and we could be due a price rise as a result.
wuvdoll
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August 02, 2017, 09:08:13 PM
 #26

I speculate the price of bitcoin will hit easily 5000 USD after the success of yesterday fork but BCC has lots of eyes on that market with 6000 profit increase any possibility for that market to handshake bitcoin price or it just hyped now .
Yes it will hit easily 5000$ USD. Because as the market said today news that a lot of people have invested and bought bitcoins from miners then we can see that in the ending of August the price of bitcoin will reach to $3500 as the current statics seen. So I would like to say that yes it will hit above $5000 in the ending of the year because it is growing too fastly after 1 Aug.
brampower
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August 02, 2017, 10:12:31 PM
 #27

I speculate the price of bitcoin will hit easily 5000 USD after the success of yesterday fork but BCC has lots of eyes on that market with 6000 profit increase any possibility for that market to handshake bitcoin price or it just hyped now .
Yes it will hit easily 5000$ USD. Because as the market said today news that a lot of people have invested and bought bitcoins from miners then we can see that in the ending of August the price of bitcoin will reach to $3500 as the current statics seen. So I would like to say that yes it will hit above $5000 in the ending of the year because it is growing too fastly after 1 Aug.
Do you really think that we will see a rally this month itself,if so is there any imposing factor to point that out,for me the price was really stable after the crash which almost took the price below $2000 and after that these valuations gives hope that another rally will break the $3000 resistance,either way i am expecting a good rally at the end of this year.
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August 02, 2017, 11:41:36 PM
 #28

I think after the Segwit activation, bitcoin price can rise to the $3k to $4k + level..

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