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Author Topic: price after segwit?  (Read 3804 times)
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July 04, 2017, 06:43:40 PM
 #41

The implementation of segwit2x on bitcoin I think is something that should be applied to see this is a good step for transaction problems and become more secure, I'm sure after the implementation of this segwit2x succeed I think the price will increase again.

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July 04, 2017, 07:28:29 PM
 #42

I am 99% sure that the prices are going to increase. But there is always a chance of a split occurring and the market cap declining as a result of that. The increasing prices of LTC is an indication that the latter option is still a possibility.
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July 04, 2017, 08:04:53 PM
 #43

I think it can be increased but we will still experience of price down first before we will see the rise up again..
This is just my own speculation since there is no exact what will happen with bitcoin after segwit for me there are still possibility that the price could be decrease before we will see a huge price increase..  this is just the same even happen last year.

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July 04, 2017, 08:31:51 PM
 #44

Hoping that the same effect will happen as we saw it gave LTC a very positive out come.

But who knows bitcoin is bitcoin and litecoin is litecoin they are still different but everyone is hoping to have good results.

Let's say $4,500 before and after Segwit.

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July 04, 2017, 08:37:46 PM
 #45

my personal speculation is price will be increased first reason is clearer blocks should take effect because many bitcoin holders will transfer their funds to markets , also speculation for segwit is on mid august so its near mid end of the year probably it will rise capped on 3000+  Grin i just tryna be positive since i never had much profit for trading them  Cool

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July 04, 2017, 10:42:07 PM
 #46

I am 99% sure that the prices are going to increase. But there is always a chance of a split occurring and the market cap declining as a result of that. The increasing prices of LTC is an indication that the latter option is still a possibility.
If you are 99% that the price is going to increase and even with the split how can the market cap keeps on declining,what math is that buddy,if the price will increase the market cap will be increasing ,the price of litecoin is increasing now because of the high volumes from China. Wink
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July 04, 2017, 11:19:53 PM
 #47

At this moment we are at a top I think. If the price increases It will be something I totally not expect, because I see a large correction as a way more plausible thing then another increase.
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July 04, 2017, 11:32:25 PM
 #48

So segwit will supposedly be activated this Fall right? This should mean blocks are no longer near full, transaction fees go back down to hopefully 10 cents or so, and sending bitcoin will go back to taking tens of minutes instead of hours.

What will all this do to the price?

Will this first step in scaling be the sign investors need to really start jumping in on Bitcoin? Will it be the sign the USA SEC needs to approve the Bitcoin ETF, allowing people to invest in bitcoin more easily?

Assuming bitcoin growth slows down this summer, will segwit create another boom this Fall like we've had this Spring, sending bitcoin possibly close to $10,000 by end of year?

Whatcha think?

If segwit finally will be activated and hopefully works smoothly, bitcoin suppose to back like the old days when we pay low fees and faster confirmation time. After scaling solution successful, more investors will be join into bitcoin market and pump its price, maybe over $5000 in this year and could reach $10,000 in the next year but still USA SEC won't approve it due to volatile prices.
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July 05, 2017, 12:20:58 AM
 #49

If segwit really activated, people will start attracted and back to bitcoin again, so it can drive the price go up, but to expect a bomb price is difficult, but for sure it will slowly going up, if there are a lot of people back to bitcoin it can open another opportunity for huge rise
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July 05, 2017, 01:45:27 AM
 #50

If segwit really activated, people will start attracted and back to bitcoin again, so it can drive the price go up, but to expect a bomb price is difficult, but for sure it will slowly going up, if there are a lot of people back to bitcoin it can open another opportunity for huge rise
If everything goes good. Bitcoin is likely to go up. But here are lots of people who are not very well aware with Segwit and are scared of August. Many people are likely to sell their bitcoin before August. This will lead to depreciation of price. But I believe that will live for short term. Bitcoin will again gain momentum after all the fuss in over and after a month of segwit activation. So, in long term its a win win situation.
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July 05, 2017, 02:36:09 AM
 #51

Hoping that the same effect will happen as we saw it gave LTC a very positive out come.

But who knows bitcoin is bitcoin and litecoin is litecoin they are still different but everyone is hoping to have good results.

But you should remember that Litecoin had a market cap of less than $1 billion at the time of SegWit implementation. On the other hand, the market cap of Bitcoin is around $40 billion now. Going from $40 billion to $60 billion is much harder than rising from $1 billion to $2 billion. But still, I expect the exchange rates to be in the $4,000 - $6,000 range by the end of August.
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July 05, 2017, 04:12:00 AM
 #52

Hoping that the same effect will happen as we saw it gave LTC a very positive out come.
Actually LTC price was increased when segwit was about to be activated and there was quite bigger correction when segwit get activated. However within few weeks price have recovered and getting pumped right now.

So I am also expecting similar pattern in bitcoin.

 
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July 05, 2017, 07:35:55 AM
 #53

Hoping that the same effect will happen as we saw it gave LTC a very positive out come.
Actually LTC price was increased when segwit was about to be activated and there was quite bigger correction when segwit get activated. However within few weeks price have recovered and getting pumped right now.

So I am also expecting similar pattern in bitcoin.

Yeah, the LTC price during segwit activation was a picture book example of "Buy on the rumour, sell on the news". BTC will probably behave quite similarly, that's true.
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July 05, 2017, 11:54:38 AM
 #54

Hoping that the same effect will happen as we saw it gave LTC a very positive out come.

But who knows bitcoin is bitcoin and litecoin is litecoin they are still different but everyone is hoping to have good results.

But you should remember that Litecoin had a market cap of less than $1 billion at the time of SegWit implementation. On the other hand, the market cap of Bitcoin is around $40 billion now. Going from $40 billion to $60 billion is much harder than rising from $1 billion to $2 billion. But still, I expect the exchange rates to be in the $4,000 - $6,000 range by the end of August.

You are.expecting too much. How much hype do you have to sell in order to reach that price in less than two months?  There may be hype just before the activation but I don't think it will be that high. And maybe after it, the price will correct to a lower price again, maybe just above the current price.
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July 05, 2017, 02:45:33 PM
 #55

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

Yes I also believe this price will last long enough. Too many issues that exist today, because this news many investors who will re-think to invest in the world of cryptocurrency especially bitcoin. When bitcoin gets the issue down it will not work properly, including altcoins that may not be desirable. So keep trying to use bitcoin to increase trust that can give rise to bitcoin prices.
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July 05, 2017, 06:07:24 PM
 #56

So segwit will supposedly be activated this Fall right? This should mean blocks are no longer near full, transaction fees go back down to hopefully 10 cents or so, and sending bitcoin will go back to taking tens of minutes instead of hours.

Right.

What will all this do to the price?

This will result to a tremendous increase on Bitcoin's price. Though I am uncertain of what will really happen, I am on the positive side. This will be a milestone for Bitcoin and investors will start pouring in. So there is no doubt about the Bitcoin price increase.

Will this first step in scaling be the sign investors need to really start jumping in on Bitcoin?

Yes.

Will it be the sign the USA SEC needs to approve the Bitcoin ETF, allowing people to invest in bitcoin more easily?

Yes also.

Assuming bitcoin growth slows down this summer, will segwit create another boom this Fall like we've had this Spring, sending bitcoin possibly close to $10,000 by end of year?

Whatcha think?

Bitcoin will definitely slow down before segwit. This is due to some people selling coins because they are afraid of its end result. However, after the activation, about a week or so, we will see the tremendous growth I was saying earlier. 10K is a bit much, though.

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July 05, 2017, 06:22:36 PM
 #57

Actually LTC price was increased when segwit was about to be activated and there was quite bigger correction when segwit get activated. However within few weeks price have recovered and getting pumped right now.

So I am also expecting similar pattern in bitcoin.
You can't seriously compare both activations with each other. Litecoin is nothing more than an altcoin that drives on occasional hypes ~ it has been like that since the very beginning.

Add that there is barely any real Litecoin usage going on that would justify it to have SegWit activated. SegWit has been implemented mainly for testing purposes.

Bitcoin for real needs to have SegWit activated as it will allow Bitcoin to finally move forward and cope with the demand in a far better way. So no, it won't be the same as Litecoin at all.

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July 05, 2017, 07:56:37 PM
 #58

Yeah I got curious too about this segwit and what would happens in the price of bitcoin after the segwit,
Just hope that it would make bitcoin transaction faster and lower fees and hope that the price would increase.

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July 06, 2017, 01:57:59 AM
 #59

Yeah I got curious too about this segwit and what would happens in the price of bitcoin after the segwit,
Just hope that it would make bitcoin transaction faster and lower fees and hope that the price would increase.

The number of transactions would certainly increase and hopefully, we could have some respite from transaction backlog. The question is whether this is too little, too late. This is certainly not a long-term solution.


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iram1011
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July 06, 2017, 02:34:47 AM
 #60

What I believe is there will be a fall in price just after Segwit if happens but that would be for short term. After that bitcoin will grow like before or better because any of the blocksize solutions would allow bitcoin to continue growing. Growth is required for stability. A stable currency is a good store of value.
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