BTC price directly before the fork

[Kepler-148b]

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? 

[Yuuto]

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? 

Logically speaking, the first option is probably not going to happen. It's either going to be the price is going to stay where it is right now, or more likely in my opinion, the price is going to go down due to people panicking about the situation.

Why? Because you're actually not getting anything free from getting the BCC. Currently, the bitcoin price is already bitcoin core + bitcoin cash combined if you get what i'm saying. After the chain split, bitcoin + bcc is going to equal to 1 "whole" bitcoin. So if you don't claim your BCC, you're in a loss. If you do, you don't gain anything, you're just breaking even.

But as i said, people are emotional beings and they are definitely going to panic. I think that a $200 adjustment or perhaps even more could be possible tomorrow.

[zarados]

are the most people do the first option? I dont really understand. because as I know,  btc price will go up because the activation of segwit. Maybe like the ltc, after the segwit activation, the price is climb so high. So I think the btc price will do the same.

[HeRetiK]

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? 

Neither. BTC price will be unimpressed by the fork and then go up afterwards because the skies didn't fall and the earth is still spinning. BCC will probably be more interesting to watch. Will people really rush to the exchanges to dump their BCC or will we see a pump? Will fresh fiat find its way into BCC because it's cheap or will it stick with BTC because its proven?

[flippener]

Neither. BTC price will be unimpressed by the fork and then go up afterwards because the skies didn't fall and the earth is still spinning.

That's how I see it. Also, I think we'll see trading go to lower volume as the deadline approaches and people move their BTC out of online exchanges - I'd be surprised if the prices move very much. I do wonder, though, if there might be opportunity to do lending at high percentages as the BTC goes away (i.e. as liquidity is removed from the market).

[OddEvenBets.com]

I think after segwit BTC price will be rise.
No chance to down price.

[Pierre 2]

Btc price will directly go down before so called fork because its not safe.
But everyone will accet its not huge deal and return.

[In the silence]

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? 

Logically speaking, the first option is probably not going to happen. It's either going to be the price is going to stay where it is right now, or more likely in my opinion, the price is going to go down due to people panicking about the situation.

Why? Because you're actually not getting anything free from getting the BCC. Currently, the bitcoin price is already bitcoin core + bitcoin cash combined if you get what i'm saying. After the chain split, bitcoin + bcc is going to equal to 1 "whole" bitcoin. So if you don't claim your BCC, you're in a loss. If you do, you don't gain anything, you're just breaking even.

But as i said, people are emotional beings and they are definitely going to panic. I think that a $200 adjustment or perhaps even more could be possible tomorrow.

You have a point here that bitcoin core and bitcoin cash value is now stable combined. But we need only one bitcoin and august 1 will be the judging day.

[HeRetiK]

Neither. BTC price will be unimpressed by the fork and then go up afterwards because the skies didn't fall and the earth is still spinning.

That's how I see it. Also, I think we'll see trading go to lower volume as the deadline approaches and people move their BTC out of online exchanges - I'd be surprised if the prices move very much. I do wonder, though, if there might be opportunity to do lending at high percentages as the BTC goes away (i.e. as liquidity is removed from the market).

Lending rates on Poloniex already went crazy the last few days due to the low amount of available coins. Nonethless you probably don't want your BTC stuck in lending during the fork, lest you forfeit your BCC. And even with the currently increased lending rates withdrawing from Polo and claiming your BCC still appears to be the better deal, especially since your high yield lending position may get closed immediately after the fork, leading to you not getting the full lending profit.

[The_Dark_Knight]

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?  

There may be a slight decrease in price but nothing that says to me, wow this is the effect of the fork, the price is going to change but it is not going to be a big change to me, I expect another day as usual then after all of this FUD about the hard fork ends then bitcoin will go up.

[btcbabhh]

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?  

There may be a slight decrease in price but nothing that says to me, wow this is the effect of the fork, the price is going to change but it is not going to be a big change to me, I expect another day as usual then after all of this FUD about the hard fork ends then bitcoin will go up.

the BCC likely ethereum's ETC？ or it just an altcoin , i  am confused.

but now is better to hold the bitcoin .

[ladydark]

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? 

Just one small correction,BTC price would definitely go up before august 1,but not for the reason of getting free BCC.But mainly for the reason that no hard fork would occur and bitcoin price would skyrocket soon after august 1 so that it would be hard to buy bitcoins at cheap price.

[BlackPanda]

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? 

I think bitcoin prices will increase before the fork, they do want BCC for free because everyone who has bitcoin will automatically get BCC.
Maybe we should be prepared to be ready when the BCC has been there and immediately sell it for a profit doubled.

[LFC_Bitcoin]

I honestly think it's going to be a bit of a non event, I don't expect the price to be majorly aftected either way. The halvening didn't do much until months after & I expect this to be the same.

[bluefirecorp]

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? 

I do see your first point has some sense still due to lack of awareness people may not go for buying some bitcoins in this last date just before fork activation. If there will be some initiative in next 2 to 3 hours then we may see many people will go for buying bitcoins as it will be getting them some free money.

Your second point has been proven some weeks back itself. Price fell down up to $1850 but bounce back sharply right after that.

[timerland]

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? 

I think that in a few hours time we might see some sort of mini-dump going on just before trading platforms start disabling trading activity from happening as well as deposits and withdrawals that sort of stuff. That might drive the price down to less than $2600, but that's just my guess and it could be well off.

I don't think that btc price is going to go up from here. No reason for anyone to buy in right now when it is right before fork and the price is so high.

I honestly think it's going to be a bit of a non event, I don't expect the price to be majorly aftected either way. The halvening didn't do much until months after & I expect this to be the same.

Well even with the BIP91 rendering it a non-event there is still the UAHF(bitcoin cash) meaning that it is an event... And i'm not sure why you're bringing up halving when the next halving is in 3 years, lmao.

[KenR]

- BTC price will go up directly before the fork because everyone wants some free BCC.

Not when BCC is already declined from World's most famous exchange : Coinbase.Apart from that,no other specific exchanges are willing to accept BCC's or support it.

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

You don't know the definition of the forks.Forks are better for open source projects.Only people to freak out during the fork is technically challenged traders.

[The_Dark_Knight]

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?  

There may be a slight decrease in price but nothing that says to me, wow this is the effect of the fork, the price is going to change but it is not going to be a big change to me, I expect another day as usual then after all of this FUD about the hard fork ends then bitcoin will go up.

the BCC likely ethereum's ETC？ or it just an altcoin , i  am confused.

but now is better to hold the bitcoin .

It will be just another altcoin when miners realize that people are not going to use this new coin then slowly the hash rate assigned to it will begin to move back to bitcoin and slowly but surely the bitcoin cash fork will begin to die, I do not think this fork is going to last for long.

[Siren]

Neither. BTC price will be unimpressed by the fork and then go up afterwards because the skies didn't fall and the earth is still spinning.

That's how I see it. Also, I think we'll see trading go to lower volume as the deadline approaches and people move their BTC out of online exchanges - I'd be surprised if the prices move very much. I do wonder, though, if there might be opportunity to do lending at high percentages as the BTC goes away (i.e. as liquidity is removed from the market).

Since the fork has completed. We see what has happened:

Two alternate theories:

- BTC price will go up directly before the fork because everyone wants some free BCC.

Yes, this indeed happened because most people want to get BCH/BCC because its free coin. But it was quickly dumped. The price goes from a high $400 to $200 in a matter of hours.

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

The price has also go down, but it has minimal effect only. We can still see the price going strong at $2700++ which is quite surprising for most of us because we are really speculating that it will go down below $2000.

[GreenCoin22]

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