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Author Topic: what will happen to the price of bitcoin?  (Read 1715 times)
dady12 (OP)
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June 20, 2017, 07:05:41 AM
 #1

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
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June 20, 2017, 08:03:20 AM
 #2

I think the price will rise gradually after that. Slow transaction and high transaction fees are the biggest disadvantages of Bitcoin. With solving these problems the demand for buying bitcoins will increase. As a result the price will rise. What will happen to Bitcoin can cause big profit for owners.

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June 20, 2017, 08:20:49 AM
 #3

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
Already,even with slow transactions,bitcoin price is triggering.If bitcoin transactions become faster due to such activation,surely bitcoin price would go high in rocket speed.More companies would come forward to accept bitcoin payments which would increase huge demand for bitcoins.
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June 20, 2017, 08:30:42 AM
 #4

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
As long as bitmain is involved and threatening investors about what their plans are,lets wait and see what will happen with it,i really do not like their business plan or proposals as all they want is to make money,which i am not against but they just want to make money and change the protocol without doing any intense testing .Technical amateur but financially sound. Tongue
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June 20, 2017, 08:38:53 AM
 #5

I think after segwit the price will drop a bit,because people don't want trouble,and will stay out of bitcoin
And after several week,people will adapt to the new system and start buying bitcoin,then the price will rise again
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June 20, 2017, 08:41:50 AM
 #6

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

I already read this news from other forum site and this is a good new to everyone, I think the price of Bitcoin will surely go high I hope this news is true because is good to know to allow faster transaction and more companies will surely allow to accept Bitcoin. But in the end no one will know what will happen to the price of Bitcoin.
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June 20, 2017, 10:07:01 AM
 #7

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

It's really hard to predict the impact of any event on Bitcoin's price. Sometimes people expect that Bitcoin will rise because of some political or economical disaster, and it's not happening, sometimes Bitcoin's price increases without any big reason and people start making some explanations. There are many possible scenarios for activation of segwit2x - maybe it will trigger the new bull run and we'll reach $4000, maybe it will just be a small bump, or maybe some other events will overshadow it and the price will go down.

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June 20, 2017, 10:22:14 AM
 #8

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

since it has the majority of miners (hash power) support
and also majority of users (full nodes) are supporting SegWit

if we don't get any drama and shenanigans i think we are looking at a smooth fork with nothing to worry about specially since the hash power behind the fork will be >95% of total.

and without drama price will just continue to rise specially since we have had the good correction recently.

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June 20, 2017, 10:34:09 AM
 #9

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

If this is finally implemented, the threat of a split in the network fades away, fees go slow and transactions are fast again we could see a rise in the price, easy going above $3000 and maybe reaching $3500.
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June 20, 2017, 10:54:44 AM
 #10

I think the price will rise gradually after that. Slow transaction and high transaction fees are the biggest disadvantages of Bitcoin. With solving these problems the demand for buying bitcoins will increase. As a result the price will rise. What will happen to Bitcoin can cause big profit for owners.
I do agree if the things OP mentioned happen there will be a big profit for bitcoin holders. The biggest disadvantage with bitcoin now a days transaction charge and confirmation time once it is solved there will be a big boom.
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June 20, 2017, 12:17:21 PM
 #11

I think price will be rise sharply, a little before and a little after the activation. We could see 3000$ at that time so trust me and buy as much as you can now, this is what I did. You will make 500$ of benefit on each bitcoin.
dady12 (OP)
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June 20, 2017, 01:49:17 PM
 #12

thanks all that contributed to this topic,I really appreciate and I have learned from your wealth of experience and I have to prepare for the challenging ahead
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June 20, 2017, 01:53:09 PM
 #13

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.
dady12 (OP)
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June 20, 2017, 01:53:46 PM
 #14

I think price will be rise sharply, a little before and a little after the activation. We could see 3000$ at that time so trust me and buy as much as you can now, this is what I did. You will make 500$ of benefit on each bitcoin.
you are right ,I am.going to buy some coins now as I don't know what will happen before and after the activation
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June 20, 2017, 02:02:36 PM
 #15

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

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June 20, 2017, 02:25:39 PM
 #16

Bitcoin will experience a massive boost at the time the activation gets really initiated, but for that to happen, we need to see miners reach 80% support for 672 blocks straight (both divided over 2 straight periods of 336 blocks each). Overall, it's good news, but the market has calmly reacted as people are still somewhat conservative to how everything will play out. If an activation becomes reality, I am sure that we'll blast through the $3000 barrier without any problems.
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June 20, 2017, 02:31:05 PM
 #17

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

Yeah. Most of the Altcoins have a minimal transaction fee compared to bitcoin transaction speed is very fast. But this is normal because the volume of transaction processed everyday is very small compared on Btc. Bitcoin is still the best. Let's just wait for segwitx2 if it can solve scaling problem. This might result on big pump.

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June 20, 2017, 02:58:37 PM
 #18

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

Yeah. Most of the Altcoins have a minimal transaction fee compared to bitcoin transaction speed is very fast. But this is normal because the volume of transaction processed everyday is very small compared on Btc. Bitcoin is still the best. Let's just wait for segwitx2 if it can solve scaling problem. This might result on big pump.

Yup the volume of the bitcoin is always high compared to altcoins. But bitcoin is facing late confirmation and high transaction fee problem it may be going to solve now. Once it gets solved then again, people will start to use bitcoins. I am also waiting for this segwitx2 once it happens maybe we see a huge variation in bitcoin price it may cross $3k.
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June 20, 2017, 03:00:32 PM
 #19

We still can't predict now what will happen to the price of bitcoin but so far or lately though the price is slowly increasing so there is a big possibility it'll gradually increase but still we should not let our hopes up.
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June 20, 2017, 03:22:12 PM
 #20

I am waiting to see how the price of bitcoin will react in the coming weeks and i think we could see some people dumping the coins because of the uncertainty we have right now and i expect a gradual recover after everything is resolved.

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June 20, 2017, 03:51:26 PM
 #21

As users mentioned the slow transaction itself causing a price increase, so without doubt a further price increase is an assured as well the days of increasing adoption will take bitcoin to the next level of usage rather then the days where people were struggling with transaction fee and confirmation issues.

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June 20, 2017, 04:21:04 PM
 #22

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

I certainly agree that we should compare things on equal grounds

That said, you should still not ignore Litecoin which is one of a few coins that has Bitcoin issues allegedly solved. Litecoin transactions are cheap as dirt and while its price is something like a fiftieth of Bitcoin's, they would still be cheaper if we equaled the prices of these two coins. What's more, they can't grow in the same way Bitcoin fees have been growing since if it ever comes to that, LN payment channels will inevitably kick in and drive transaction fees down. Further, you can't say that the mining rewards are huge in Litecoin either. Right now the block reward equals 25 litecoins which is only two times greater than Bitcoin's 12.5 coins per block

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June 21, 2017, 10:37:30 AM
 #23

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

I certainly agree that we should compare things on equal grounds

That said, you should still not ignore Litecoin which is one of a few coins that has Bitcoin issues allegedly solved. Litecoin transactions are cheap as dirt and while its price is something like a fiftieth of Bitcoin's, they would still be cheaper if we equaled the prices of these two coins. What's more, they can't grow in the same way Bitcoin fees have been growing since if it ever comes to that, LN payment channels will inevitably kick in and drive transaction fees down. Further, you can't say that the mining rewards are huge in Litecoin either. Right now the block reward equals 25 litecoins which is only two times greater than Bitcoin's 12.5 coins per block

Well I have only based my answer to the author's statement. I know that these altcoins are nothing compared to BTC, but what about those Altcoins that are about as 3/4 the price of BTC, those leading altcoins (there is a rumor about ETH having infinite tokens), I have read threads that they prefer altcoins than BTC.
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June 21, 2017, 11:42:31 AM
 #24

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
I have never heard of anything like this. But if it really happens this then we can be sure we can do bitcoin delivery faster and also cheaper then more and more people are using bitcoin. In addition we can take advantage of bitcoin facilities with more powerful, all transactions bitcoin delivery can be done in seconds.
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June 21, 2017, 12:29:58 PM
 #25

In my personal observations right now bitcoin really behaved in an unexpected way due to price fluctuations; sometimes it lowers down for several days and again it pumps up to higher level. We cannot say to a final conclusion of how it's been doing great, is it for increase or is it for decrease? That's still remains a questions for all of us here and to make it clearly to view now; I must say we are now at the higher stage after few days of low price value of 1btc.
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June 21, 2017, 01:20:12 PM
 #26

In my personal observations right now bitcoin really behaved in an unexpected way due to price fluctuations; sometimes it lowers down for several days and again it pumps up to higher level. We cannot say to a final conclusion of how it's been doing great, is it for increase or is it for decrease? That's still remains a questions for all of us here and to make it clearly to view now; I must say we are now at the higher stage after few days of low price value of 1btc.

I think there were some points that you doesn't consider mate, the fluctuations of bitcoin is not a good signs of bitcoin economy based on those articles I had read. There will be a possible problem on bitcoin price soon and your transactions will not be safe at all after that massive restructuring of blockchain network. It the status of digital currency will always have a fear of possible crash due to that speculations, then we cannot experience another pump anymore; everything will turns out hopeless.
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June 21, 2017, 01:22:20 PM
 #27

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

I certainly agree that we should compare things on equal grounds

That said, you should still not ignore Litecoin which is one of a few coins that has Bitcoin issues allegedly solved. Litecoin transactions are cheap as dirt and while its price is something like a fiftieth of Bitcoin's, they would still be cheaper if we equaled the prices of these two coins. What's more, they can't grow in the same way Bitcoin fees have been growing since if it ever comes to that, LN payment channels will inevitably kick in and drive transaction fees down. Further, you can't say that the mining rewards are huge in Litecoin either. Right now the block reward equals 25 litecoins which is only two times greater than Bitcoin's 12.5 coins per block

Well I have only based my answer to the author's statement. I know that these altcoins are nothing compared to BTC, but what about those Altcoins that are about as 3/4 the price of BTC, those leading altcoins (there is a rumor about ETH having infinite tokens), I have read threads that they prefer altcoins than BTC.

Can you name me an altcoin that is not a shitcoin that is worth 3/4 of the price of BTC, seems like I failed to see these altcoins that are priced that high. Maybe it's not in the exchange I am trading at or maybe there isn't any that exist. Some of those highly valued coins are only valued high because they aren't in the best exchanges and when they do get into exchanges like poloniex they drop like a hot potato.
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June 21, 2017, 01:31:35 PM
Last edit: June 21, 2017, 01:43:23 PM by deisik
 #28

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

I certainly agree that we should compare things on equal grounds

That said, you should still not ignore Litecoin which is one of a few coins that has Bitcoin issues allegedly solved. Litecoin transactions are cheap as dirt and while its price is something like a fiftieth of Bitcoin's, they would still be cheaper if we equaled the prices of these two coins. What's more, they can't grow in the same way Bitcoin fees have been growing since if it ever comes to that, LN payment channels will inevitably kick in and drive transaction fees down. Further, you can't say that the mining rewards are huge in Litecoin either. Right now the block reward equals 25 litecoins which is only two times greater than Bitcoin's 12.5 coins per block

Well I have only based my answer to the author's statement. I know that these altcoins are nothing compared to BTC, but what about those Altcoins that are about as 3/4 the price of BTC, those leading altcoins (there is a rumor about ETH having infinite tokens), I have read threads that they prefer altcoins than BTC.

I don't know any such altcoin priced that high

If we talk about absolute values (i.e. prices in, say, US dollars), the closest to Bitcoin is Zcash, with its price a little below 400, the next is Ethereum at 330 and Dash follows them with the price of somewhere below 200 dollars per coin as of now (all prices are Bitfinex quotes). As you can see, any of these is a far cry from Bitcoin's price of 2,700 dollars per coin. If you in fact refer to market cap, only Ethereum is a perceived competitor to Bitcoin, but with most of its coins premined and locked, this "competition" is utterly bogus and fake

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June 21, 2017, 01:46:40 PM
 #29

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

since it has the majority of miners (hash power) support
and also majority of users (full nodes) are supporting SegWit

if we don't get any drama and shenanigans i think we are looking at a smooth fork with nothing to worry about specially since the hash power behind the fork will be >95% of total.

and without drama price will just continue to rise specially since we have had the good correction recently.

Well i hope this is true and will happen on august 01. Actually it bothers me a lot when if block chain will be split into two. That will be a problem to us and the worst is we could lose some of our funds.

Maybe after august 02  bitcoin price will drop. And that's a sure thing.

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June 21, 2017, 05:48:43 PM
 #30

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

I believe no one is 100% certain about what will happen to Bitcoin's price. As to what I believe, before we head to that date, around August, we might see some declines due to the people who are panic selling. They might be scared of what will happen on the activation of segwit so they tend to cash-out in order to avoid possible loss if the price crashes.

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June 22, 2017, 02:04:51 PM
Last edit: June 23, 2017, 06:57:52 PM by KingdomHearts
 #31

As users mentioned the slow transaction itself causing a price increase, so without doubt a further price increase is an assured as well the days of increasing adoption will take bitcoin to the next level of usage rather then the days where people were struggling with transaction fee and confirmation issues.
In my mind as I know bitcoin I think the price will go up not rapidly but slowly. Because people are getting interest in it and also now countries using it for internal business and trades. In future I think more countries will allow bitcoin to be used in markets such as paper money so bitcoin has a bright future.
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June 22, 2017, 02:53:42 PM
 #32

I think and pretty sure that bitcoin prices are mostly done by speculators, they will continue to pump prices up to the point where they will sell bitcoin stock and the price will drop.


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June 22, 2017, 05:56:49 PM
 #33

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
Sigwit2x is about hardforking and even most of the big miners agree with it, those bitcoin developers are not happy with hardforking which might resulting in splitting bitcoin network into two chains. As of now, it seems still the blockchain issues is going on and we can expect a concrete solution in near future so that there will be a big impact on bitcoin prices. Unlike many people are waiting for August 1st to have consequences of adopting a solution for block issue, prices will react well in advance. So, you can expect some crack works in July.
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June 22, 2017, 08:59:30 PM
 #34

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

I can say to them that just don't do something crazy and scared out the investors. And if there's nothing happened or they didn't try to scare new investors, the price will increase slowly. The activation is going to solve to the problems that we are experiencing now and for sure if that happens many will get back to bitcoin.



 

 

 

 

 

 


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June 23, 2017, 08:22:43 AM
 #35

The value of BTC will somewhat drop, since these mentioned Altcoins have already come up with an alternate solution to the BTC's problem about high transaction fees.

no they haven't lol

you just see a smaller fee in altcoins because first of all their prices are too low so any amount of fee is small, like 1 whole unit of some of them (which is the transaction fee of it) is worth 10 to 100 satoshi and since their mining rewards are huge (hence creating a massive supply and kills the price and the future of the coin) no miner cares about fees.

also it is because nobody uses them. so there are no transactions on many of their chains. again you can not compare two things when they are not used equally!

I certainly agree that we should compare things on equal grounds

That said, you should still not ignore Litecoin which is one of a few coins that has Bitcoin issues allegedly solved. Litecoin transactions are cheap as dirt and while its price is something like a fiftieth of Bitcoin's, they would still be cheaper if we equaled the prices of these two coins. What's more, they can't grow in the same way Bitcoin fees have been growing since if it ever comes to that, LN payment channels will inevitably kick in and drive transaction fees down. Further, you can't say that the mining rewards are huge in Litecoin either. Right now the block reward equals 25 litecoins which is only two times greater than Bitcoin's 12.5 coins per block

Well I have only based my answer to the author's statement. I know that these altcoins are nothing compared to BTC, but what about those Altcoins that are about as 3/4 the price of BTC, those leading altcoins (there is a rumor about ETH having infinite tokens), I have read threads that they prefer altcoins than BTC.

I don't know any such altcoin priced that high

If we talk about absolute values (i.e. prices in, say, US dollars), the closest to Bitcoin is Zcash, with its price a little below 400, the next is Ethereum at 330 and Dash follows them with the price of somewhere below 200 dollars per coin as of now (all prices are Bitfinex quotes). As you can see, any of these is a far cry from Bitcoin's price of 2,700 dollars per coin. If you in fact refer to market cap, only Ethereum is a perceived competitor to Bitcoin, but with most of its coins premined and locked, this "competition" is utterly bogus and fake
Well my bad, I guess I didn't go into details about the price. I guess it can only be compared not as a fraction but just as decimals of it. Guess the market cap is what I meant.

Its always helpful to have these forums. So that we could learn everything we have to know. Thank you for sharing.
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June 23, 2017, 09:53:09 AM
 #36

Bitcoin price was seemed good because it was continues increasing. I'm​ glad that it was happened hoping that price of bitcoin was continues until next year. I can't stopped earning bitcoin for the future.
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June 23, 2017, 10:48:55 AM
 #37

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

I have every reason to that the moment the flash issue of delayed transaction is sorted out as a result of segwit with moderate fees, I am sure that a lot of people who have been considering other means of payment rather than using bitcoin will surely come back then we see gradual increase in the price. By that we have a basis for the increase.
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June 23, 2017, 02:01:53 PM
 #38

I think the price will go higher. But I'm not sure, because it looks like core devs do not approve segwit2x code.
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June 23, 2017, 02:10:31 PM
 #39

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
Nothing bitcoin cryptocurrency wil remain bitcoin and no matter bitcoin price is still demand on people who using it as their money profit also not because of the more faster transaction will happened it means all of transaction can confirmed in minute. Maybe bitcoin price will be spit or maybe it will increase more than the people expectation.
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June 23, 2017, 04:41:34 PM
 #40

activation of segwit2x should restore investor confidence and should immediately see prices racing to the moon as the long awaited phenomenon happens and demand raises once again
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June 23, 2017, 05:30:32 PM
 #41

Bitcoin price was seemed good because it was continues increasing. I'm​ glad that it was happened hoping that price of bitcoin was continues until next year. I can't stopped earning bitcoin for the future.
Yes the price of bitcoin is continues to going increasing and I think its price will hit 3000$ in this or next week, and you are good and take a good decision that you cannot  stop earning bitcoin and I hope your future will be very bright because bitcoin price will goes to increasing and increasing.
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June 23, 2017, 09:18:16 PM
 #42

Bitcoin price was seemed good because it was continues increasing. I'm​ glad that it was happened hoping that price of bitcoin was continues until next year. I can't stopped earning bitcoin for the future.
Yes the price of bitcoin is continues to going increasing and I think its price will hit 3000$ in this or next week, and you are good and take a good decision that you cannot  stop earning bitcoin and I hope your future will be very bright because bitcoin price will goes to increasing and increasing.

It would not just increase by $3000 but it might hit until $3500 because more expects greater from that. Next week of next month is not that easy to achieve having that big hit of a price, and if there's sudden loss and fluctuations of value don't panic sell just give patience to your investments. Price will increase again after a sort of fluctuations and it always happened in bitcoin marketplace, supply and demand always compet.
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June 24, 2017, 04:23:53 PM
 #43

We still can't predict now what will happen to the price of bitcoin but so far or lately though the price is slowly increasing so there is a big possibility it'll gradually increase but still we should not let our hopes up.
I agree, let's just wait for the incoming Split this August 1, 2017. Well its better to get our hopes up, be more positive and we'll get there.
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June 24, 2017, 04:29:49 PM
 #44

We still can't predict now what will happen to the price of bitcoin but so far or lately though the price is slowly increasing so there is a big possibility it'll gradually increase but still we should not let our hopes up.
I agree, let's just wait for the incoming Split this August 1, 2017. Well its better to get our hopes up, be more positive and we'll get there.

Good luck wasting your time, because the chances for a chain split to become reality, or anything to happen at the first of August at all, have become lower than ever before. Other than that, you're talking about that it's better to be more positive, but yet you are expecting a chain split to happen next month. Roll Eyes No matter how you look at it, chain splits aren't really something people look forward to....
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June 25, 2017, 05:21:22 PM
 #45

As users mentioned the slow transaction itself causing a price increase, so without doubt a further price increase is an assured as well the days of increasing adoption will take bitcoin to the next level of usage rather then the days where people were struggling with transaction fee and confirmation issues.
In my mind as I know bitcoin I think the price will go up not rapidly but slowly. Because people are getting interest in it and also now countries using it for internal business and trades. In future I think more countries will allow bitcoin to be used in markets such as paper money so bitcoin has a bright future.
Yes this is true that the bitcoin followers are increasing constantly and especially when it is now a legalized method of payment in many countries across the globe as per recent study.

People are now rushing in Japan to get bitcoin so that they can get the benefits from it which the government of Japan has allowed to its citizens. Looking at all this scenario I see a very bright future of the bitcoin adopted and loved by many people.
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June 25, 2017, 07:26:12 PM
 #46

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

I have every reason to that the moment the flash issue of delayed transaction is sorted out as a result of segwit with moderate fees, I am sure that a lot of people who have been considering other means of payment rather than using bitcoin will surely come back then we see gradual increase in the price. By that we have a basis for the increase.
Yes after the transaction confirmation issue if it will be solved it will be helpful to bitcoin to get back the loyalty of its users who looked for the alternates. The bitcoin is the most trusted cryptocurrency in the crypto system and many people are fans of it because of its unique features. I am sure that people will not turn its back to the bitcoin ever again.
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June 25, 2017, 07:32:43 PM
 #47

from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?

Before the activation, we will see some drop in Bitcoin's price because of the panic selling that will happen. Many are scared of the uncertainty of the activation that will occur. After the activation, the price will then continue to grow bigger (hoping that the effect of the activation is on the positive side) and bigger. That is a wonderful news for Bitcoin users.
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