cpfreeplz
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July 06, 2017, 02:40:06 AM |
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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.
Sending Bitcoin is and will still be instant. However I do agree we need fees like they used to be... We're yet to see if SegWit will provide such. What will all this do to the price?
If price is the only thing you want to discuss, then it's maybe better to have this on the speculation section I think. Anyways, if what happened on other coins applies to Bitcoin, the price will go down, at least for a few days... Which is great as I'll be able to get cheap coins I don't understand why people think confirmations are the same as sending bitcoins. That's just the time it takes to have it confirmed that it's a valid transaction. You can only do that if the transaction already happened! So ya, payments are and always will be instant. Confirmations quicker really make no difference unless you're trying to buy coffee and they have a lot of people double spending on them.
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pooya87
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Activity: 3444
Merit: 10558
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July 06, 2017, 02:50:40 AM |
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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.
Sending Bitcoin is and will still be instant. However I do agree we need fees like they used to be... We're yet to see if SegWit will provide such. What will all this do to the price?
If price is the only thing you want to discuss, then it's maybe better to have this on the speculation section I think. Anyways, if what happened on other coins applies to Bitcoin, the price will go down, at least for a few days... Which is great as I'll be able to get cheap coins I don't understand why people think confirmations are the same as sending bitcoins. That's just the time it takes to have it confirmed that it's a valid transaction. You can only do that if the transaction already happened! So ya, payments are and always will be instant. Confirmations quicker really make no difference unless you're trying to buy coffee and they have a lot of people double spending on them. not to mention if you want a 100% irreversible transaction then you need to worry about the number of confirmation not just having the confirmation. and that is what people usually forget when it comes to comparing bitcoin with other altcoins. with bitcoin 1 confirmation means a very low chance of double spend happening which is nearly zero. with altcoins that have <20 second blocks this number grows to a much bigger number of confirmation.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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tonlong
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July 06, 2017, 03:58:08 AM |
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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.
I would predict a short term with a healthy future growth until we reach the next scaling ceiling.
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hase0278
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July 06, 2017, 04:37:17 AM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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July 06, 2017, 08:54:03 AM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again.
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jtipt
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July 06, 2017, 01:07:04 PM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The number of people liking and in favor of segwit will be far greater than the people disliking it, it would be safe to just neglect them in this price speculation. This community has been waiting for segwit for far long time now, I would be surprised to see if there is anything but a major rise in BTC after Segwit.
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CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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July 06, 2017, 01:44:25 PM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again. easily the price can and will double ,i think some of the eth money will come back into bitcoin if a scaling solution is presented and increased growth from institutional investors who have been staying on the sidelines to see what happens ..........
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BCTBF
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July 06, 2017, 01:49:46 PM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again. easily the price can and will double ,i think some of the eth money will come back into bitcoin if a scaling solution is presented and increased growth from institutional investors who have been staying on the sidelines to see what happens .......... There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true.
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HeRetiK
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Activity: 2926
Merit: 2091
Cashback 15%
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July 06, 2017, 02:09:39 PM |
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There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true.
Thing is, I'm pretty sure that that's what everyone's expecting by now... and Bitcoin rarely acts as expected.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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halych
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Activity: 189
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🌟 eSports ICO: 01/11/2017 🌟
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July 06, 2017, 07:14:24 PM |
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There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true.
Thing is, I'm pretty sure that that's what everyone's expecting by now... and Bitcoin rarely acts as expected. If you study the forecasts of analysts, you can see that they all come true. But people do not always read analysts, but make the wrong conclusions themselves. I think that the price of bitcoin after this event will drop and will be low 2-3 weeks. Then there will be a sharp recovery and growth
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Ludwig Von
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July 06, 2017, 07:28:30 PM |
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There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true.
Thing is, I'm pretty sure that that's what everyone's expecting by now... and Bitcoin rarely acts as expected. If you study the forecasts of analysts, you can see that they all come true. But people do not always read analysts, but make the wrong conclusions themselves. I think that the price of bitcoin after this event will drop and will be low 2-3 weeks. Then there will be a sharp recovery and growth So, that would be the first half of August for the lower end? And more interesting : what will happen for the rest of July? Just keep going sideways or one more pump ?
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I am bad in catching falling knives, always get hurt... .
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hurain
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July 06, 2017, 07:44:05 PM |
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There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true.
Thing is, I'm pretty sure that that's what everyone's expecting by now... and Bitcoin rarely acts as expected. If you study the forecasts of analysts, you can see that they all come true. But people do not always read analysts, but make the wrong conclusions themselves. I think that the price of bitcoin after this event will drop and will be low 2-3 weeks. Then there will be a sharp recovery and growth i think everyone has their own prediction about the price of bitcoin and to me i think bitcoin will not drop any more and but will remain stable tell segwet and after that it will continue increasing.
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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July 07, 2017, 02:17:56 AM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again. easily the price can and will double ,i think some of the eth money will come back into bitcoin if a scaling solution is presented and increased growth from institutional investors who have been staying on the sidelines to see what happens .......... There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true. I wouldn't bank on their being any dip at all, it could be already priced in and don't forget that if bitcoin splits into two chains, you need to have bought it before 1st August to own them both This is added incentive for people to buy before so they can benefit from the big blocks chain and Luke's 1mb chain if it doesn't die immediately
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cpfreeplz
Legendary
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Activity: 966
Merit: 1042
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July 07, 2017, 02:36:51 AM |
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After segwit, I predict a short term drop in terms of price because some people may not like it being implemented so maybe they will dump their bitcoin stash. Later on it will go up again and the effect of the price drop if it were to happen will only last for few days or weeks. Considering some more users might enter bitcoin again if transactions get fast again, I expect that we would test 3000 $ price again.
The percentage of people who may get panic/dislikes will be in very insignificant numbers hence we cannot expect any dump as solving scalablity issue even for time being may boost bitcoin prices into new level like $5000 price levels hopefully. I am expecting $5000 in August and $10k in December, after scalabilty issues I am not seeing any big hurdles bitcoin may face hence we can expect prices start flying again. easily the price can and will double ,i think some of the eth money will come back into bitcoin if a scaling solution is presented and increased growth from institutional investors who have been staying on the sidelines to see what happens .......... There will be a decline in bitcoin prices after segwit2x but only for a moment and then there is a rocket that has been prepared to go to the moon. I'm sure $4000 will be achieved or even maybe it could exceed that value, nobody knows for sure but I'm sure about it will come true. I wouldn't bank on their being any dip at all, it could be already priced in and don't forget that if bitcoin splits into two chains, you need to have bought it before 1st August to own them both This is added incentive for people to buy before so they can benefit from the big blocks chain and Luke's 1mb chain if it doesn't die immediately Yeah that dip to, what was it $2100? That is where segwit2x uncertainty was priced in. From here we HODL, then on August 2nd-10th when everything goes well we're going so much higher. Hopefully the infinite supply ponzi known as ETH will crash.
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jerowacik
Legendary
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Activity: 1162
Merit: 1000
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July 07, 2017, 06:01:10 AM |
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Segwit makes many people confused and panic. We all get the issue that there will be a drastic reduction in bitcoin prices and also there is a mention that there will be an increase. We all can only speculate what will happen, segwit make everyone become uncontrollable.
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serjent05
Legendary
Online
Activity: 2842
Merit: 1255
Cashback 15%
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July 07, 2017, 07:23:50 AM |
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I believe Segwit can push the price upward. Imagine the long problem of scaling is about to be solved. Even though there are lots of FUD spreading around for the possible chain split, I believe this are only propaganda to make people sell their own Bitcoin stash at a cheaper price. Though a Chain split means you will have Bitcoin in two chain if you happen to hold some before the fork. This mean profit and then the main chain will definitely skyrocket in terms of price.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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BCTBF
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July 07, 2017, 11:49:00 AM |
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Segwit makes many people confused and panic. We all get the issue that there will be a drastic reduction in bitcoin prices and also there is a mention that there will be an increase. We all can only speculate what will happen, segwit make everyone become uncontrollable.
Confusion and panic of people about segwit2x make me curious about segwit2x and after I read the article that discussed segwit2x on bitcoin, I think it's natural people speculate themselves and it makes us have the plans and decisions we will take to sell or hold bitcoin before or after segwit2x.
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CryptoLenin
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July 07, 2017, 12:05:02 PM |
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Think things will calm down after segwit and current rally will be over. Near 2k
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skorupi17
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July 07, 2017, 07:43:58 PM |
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Segwit makes many people confused and panic. We all get the issue that there will be a drastic reduction in bitcoin prices and also there is a mention that there will be an increase. We all can only speculate what will happen, segwit make everyone become uncontrollable.
Confusion and panic of people about segwit2x make me curious about segwit2x and after I read the article that discussed segwit2x on bitcoin, I think it's natural people speculate themselves and it makes us have the plans and decisions we will take to sell or hold bitcoin before or after segwit2x. Of course it is natural, especially to those who are uncertain about the effect of the upcoming activation on August. This is the reason why we experience so much volatility lately. Some tend to sell their coins or shift to another boat. Segwit gives confusion especially to the non-technical users. But everything will end to what it is supposed to be which is upward.
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maku
Legendary
Offline
Activity: 1288
Merit: 1000
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July 07, 2017, 08:05:18 PM |
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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.
I would predict a short term with a healthy future growth until we reach the next scaling ceiling. Specialists are predicting that next scaling ceiling with SegWit2x is gonna happen after 16 years. So we have plenty of room to think of any alternatives. As always we have no idea how the market will react to bitcoin upgrade, I expect that there might be pretty big disturbance before as many people will panic and sell off their positions. After a successful upgrade, we will see rapid growth, hopefully, a new stable floor will be above $3000 and price won't ever go lower than that.
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