Golftech
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June 12, 2017, 12:38:57 PM |
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without SegWit price is rising to the moon, currently we are close to $3000. and the demand is strong.
now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.
in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated. what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it. surely that all of us really wanted to benefits so whatever happens as long as the traders and investors gain from it for sure we will end the day happy and success, segwit will be a great help if those concerned will be resolve so its a win to win for bitcoiners.
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Jon Connor
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June 12, 2017, 04:33:16 PM |
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without SegWit price is rising to the moon, currently we are close to $3000. and the demand is strong.
now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.
in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated. what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it. Haha, I was referring to the exchange to fiat bank withdrawals comment. But yeah I don't think that is a reason why the price has been rallying. Segwit activating before aug 1st, now that is what needs to happen for trip to the moon.
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VC George
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Carpe noctem
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June 12, 2017, 05:02:31 PM |
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Segwit will bring a huge surge in transactions due to the virtually zero confirmation time required to transact in secondary chains. This means that once it locks in I'm 90% sure we're going to skyrocket and never fall back again bcs the productivity of the bitcoin environment will rise sustaining huge trading/exchanging levels.
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xhienigat
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The All-in-One Cryptocurrency Exchange
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June 12, 2017, 06:41:39 PM |
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There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.
You read my mind, and I totally agree with you on this. And everyone would love to see bitcoin double up its price but there is also some downside to it. If it pumps it surely will dump after. And also I don't think the ETF approval is happening anytime soon.
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maku
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June 12, 2017, 08:05:39 PM |
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Don't be so overtly optimistic that price after SegWit activation will double or triple. Better expect something totally opposite. It is wise to thing that there will be mass price drop before SegWit will go live, there is rather high possibility of mass panic. People will got scared that something will go wrong with this upgrade and they will dump their coins to be safe.
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CoinCidental
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Si vis pacem, para bellum
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July 04, 2017, 05:38:31 AM |
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The price will double overnight once we have segwit and 2 MB BLOCKS..... You would be crazy to dump any bitcoins when we are just weeks away If there is a big block chain and a small block chain you will have a coin on both and you will be able to sell one and buy more of the other if you are quick I'll be moving to the big blocks chain myself with all the miners but there maybe some of you who prefer to stay on a 1mb chain with Luke and that's fine too... We all gets what we want....
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ladydark
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July 04, 2017, 06:35:03 AM |
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If segwit is activated,then transactions would be confirmed very soon.Transaction fee would fall down as before.New companies and even retailers would start accepting bitcoin payment due to fast transactions.This would promote mass adoption of bitcoins and it would make bitcoin price to increase high.Even now itself,i am able to send my btc quickly for a transaction fee of 0.0004 btc which was previously 0.0007 btc before two weeks.
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ultrloa
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July 04, 2017, 06:43:09 AM |
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There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.
You read my mind, and I totally agree with you on this. And everyone would love to see bitcoin double up its price but there is also some downside to it. If it pumps it surely will dump after. And also I don't think the ETF approval is happening anytime soon. Yeah right since the people mindset if the price will be double is to sell since they actually get the profit they want for that time and maybe this will became the downside of btc and provably the price would get back to its natural level if there would be double up when august 1 cross up. But lets just forget this one since their are a lot of things for us needed to take care off and just enjoy the earnings we can get for today.
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CUNÉGONDE
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July 04, 2017, 07:48:53 AM |
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if SEGWIT is successful, the price will be doubled. but if failed, the price back to $500.
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Termin4tor
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July 04, 2017, 01:11:24 PM |
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If segwit is activated,then transactions would be confirmed very soon.Transaction fee would fall down as before.New companies and even retailers would start accepting bitcoin payment due to fast transactions.This would promote mass adoption of bitcoins and it would make bitcoin price to increase high.Even now itself,i am able to send my btc quickly for a transaction fee of 0.0004 btc which was previously 0.0007 btc before two weeks.
Yeah but I don't think the price could be ascertained just like that even though segwits has its own advantages. Litecoin's prices dropped significantly after segwit was activated and I guess it was because of the weak network it has which barely handles like 4000 transactions. But who knows for real in the case of bitcoin, maybe people may panic sell bitcoin?
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iqlimasyadiqa
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July 04, 2017, 01:57:04 PM |
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I am one of those people who are still worried about what happens when Segwit takes place. Maybe there are still many people in the world who ask how the end result of segwit. We may all become worried until later, a long time waiting for the reality on the 1st of August 2017. We can only wait until that happens actually.
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HeRetiK
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Playgram - The Telegram Casino
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July 04, 2017, 02:14:06 PM |
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I am one of those people who are still worried about what happens when Segwit takes place. Maybe there are still many people in the world who ask how the end result of segwit. We may all become worried until later, a long time waiting for the reality on the 1st of August 2017. We can only wait until that happens actually.
Knowing Bitcoin, Segwit deployment will be anticlimatically uneventful, only for some unrelated drama to get unleashed a few weeks after when nobody expects it.
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topper26
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July 04, 2017, 03:40:33 PM |
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I am one of those people who are still worried about what happens when Segwit takes place. Maybe there are still many people in the world who ask how the end result of segwit. We may all become worried until later, a long time waiting for the reality on the 1st of August 2017. We can only wait until that happens actually.
Knowing Bitcoin, Segwit deployment will be anticlimatically uneventful, only for some unrelated drama to get unleashed a few weeks after when nobody expects it. This is what I am thinking also we will all wake up Aug 2 and price will still be mid upper 2000s
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Kprawn
Legendary
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July 04, 2017, 03:47:38 PM |
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I think the spam attacks are going to intensify after SegWit is activated, because people that lost the argument will be spiteful and will try to prove a point. { showing that with SegWit it will still not be the solution for scaling } If this goes down to a hard fork, the other side will try to sabotage the other chain to get people to shift to their side/chain. This is going to get nasty, because people hate to lose.
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xIIImaL
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Activity: 1372
Merit: 1005
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July 04, 2017, 04:11:58 PM |
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I think the spam attacks are going to intensify after SegWit is activated, because people that lost the argument will be spiteful and will try to prove a point. { showing that with SegWit it will still not be the solution for scaling } If this goes down to a hard fork, the other side will try to sabotage the other chain to get people to shift to their side/chain. This is going to get nasty, because people hate to lose. Most expected thing in the bitcoin community will never give profit mostly. Even last year halving most of the expect bitcoin price on the halving day nothing moves it seems around 900$ alone. When segwit actives on litecoin or segwit2x activates time nothing makes gives big difference in the price or adoption rate.
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ClaraLuV
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Presale is live!
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July 04, 2017, 04:12:33 PM |
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There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.
You read my mind, and I totally agree with you on this. And everyone would love to see bitcoin double up its price but there is also some downside to it. If it pumps it surely will dump after. And also I don't think the ETF approval is happening anytime soon. What makes the price double after segwit,is it because we could make transaction at a faster rate,remember we did not see any major changes after the activation of segwit in litecoin,so never assume that the price would double after that and forget about ETF,there was a time when the price would depend upon the approval of ETF,now things have changed .
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cellard
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July 04, 2017, 04:34:48 PM |
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It depends on what segwit gets activated...
Regular segwit with no hardfork drama = price goes to $5000-$10000 easily in the next 12 months.
Segwit2x with hardfork, a lot of fight, 2 coins and other drama = price tanks low, lower than I want even think about.
2 segwits, two outcomes.
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~Bitcoin~
Legendary
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Merit: 1000
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July 04, 2017, 04:59:16 PM |
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I am one of those people who are still worried about what happens when Segwit takes place. Maybe there are still many people in the world who ask how the end result of segwit. We may all become worried until later, a long time waiting for the reality on the 1st of August 2017. We can only wait until that happens actually.
There is still no clue about possible split after segwit activation however strong support growing around segwit2x might stop hardfork. If there will be no hardfork after segwit on august than there is nothing to worry about bitcoin's price.
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maokoto
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July 04, 2017, 05:01:23 PM |
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I have read there will be more movement due to segwit and that will make price go down a bit at first, but then it will soar high as confidence builds. That is what I am personally hoping for.
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bamboylee
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July 04, 2017, 05:19:00 PM |
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Segwit is supposed to be the solution to scaling problems of bitcoin which we experienced the effects during those months when the mempool is being spammed. So if ever if becomes a successful solution, confidence will build up and will shoot the price up. Hopefully.
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