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Author Topic: Bitcoin Hard Fork Part 2  (Read 793 times)
Carlsen
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August 21, 2017, 02:09:05 PM
 #21

We have already seen a few forks now.
I think it will be the same: After the fork there will be two seperate chains. Again!
And their combined value will be higher than the price it was before.
I suppose many people have already drawn the same conclusion than me.
And those will buy before the fork. My guess is the price will increas to the date of the fork.

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dothebeats
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August 21, 2017, 02:50:38 PM
 #22

Last time I sold the BCH too cheap because of all the FUD around it.
I thought BCH would crash right away, but it rose to allmost 0.5 BTC.
This time I am Holding the new coin and will wait and see what will happen.
If you hold both and one would take over the other, no money was lost.


Last time I checked, BCH was trading at $500 and not $2000. It didn't even hit $1500 so I'm assuming you might have misread some numbers?



OP. this should be in the Speculation section of the forum. As for your question, it still depends. BCH is trading quite well after the fork, so does BTC. I see no reason for it to drop since traders are always making money off of these uncertainties in the market and so does the upcoming fork in November.

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mobnepal
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August 21, 2017, 02:59:31 PM
 #23

Segwit is activated but next part of segwit activation is hard fork to double the block size from current 1 mb. However there is also some rumor that after segwit activation bitcoin core team is now standing against block size increase so we might have next hardfork and split of bitcoin again on november. We will than have three bitcoin bitcoin cash, bitcoin with segwit and bitcoin with segwit2x. The one that will have majority of community support will remain as bitcoin (BTC).
themathiasmiller
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August 21, 2017, 03:10:58 PM
 #24

Hey guys, any member who could explain what will be happening when Bitcoin will be  having a hard fork for the second time around?
Will it create a panic selling or a panic buying? haha Huh Grin Grin

Thank you for anyone who will answer this.

I'm sure it will create panic selling and prices will go down as the day of the fork approaches, the cryptocurrency world will rock and a lot of altcoin's prices will go down as well but once the fork is over, the price of bitcoin will skyrocket and will reach another all time high. Well this is just my prediction ofcourse  Cheesy

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webtricks
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August 21, 2017, 03:20:24 PM
 #25

Hey guys, any member who could explain what will be happening when Bitcoin will be  having a hard fork for the second time around?
Will it create a panic selling or a panic buying? haha Huh Grin Grin

Thank you for anyone who will answer this.

If you ask me, I am 90% sure that another anticipated fork (Segwit2x fork) won't be happening. The major reason is that any such fork is not needed currently in Bitcoin ecosystem.
But even if such fork happens, it won't gonna create any panic. Now reason to this claim is that Segwit fork is happening in good faith unlike BCH fork which was to cater ego of some specific group. So this fork will get good support from community since it will be necessity for eradicating high fees scenario. Hence people will hold to their BTC and resultant would be that Bitcoin prices won't go in panic.
CryptoTamer
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August 21, 2017, 03:27:58 PM
 #26

In my opinion, hardfork part 2 will not affect the bitcoin price later. Actually I am more worried about bitcoin cash,
Because later there are 2 types altcoin from bitcoin hard fork
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August 21, 2017, 03:28:34 PM
 #27

Last time I sold the BCH too cheap because of all the FUD around it.
I thought BCH would crash right away, but it rose to allmost 0.5 BTC.
Woah buddy, BCH has never reached $2000, best i know BCH was trading around $500 last time I checked. IMO the 8MB block size is overkill and not really gonna work out.

OP, talking about the segwit2x fork, it's still not sure if it will happen right now I think we should look forward to segwit and let's not worry about the 2x fork just yet.
Osarman
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August 22, 2017, 09:11:05 PM
 #28

Hey guys, any member who could explain what will be happening when Bitcoin will be  having a hard fork for the second time around?
Will it create a panic selling or a panic buying? haha Huh Grin Grin

Thank you for anyone who will answer this.
What did happen when bitcoin had the hard fork first time around? The results will be the same or to be very honest the impact will be even lower than the previous one because so many people are aware of this trick. True bitcoin holders will stay patient even in worse situations also.
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August 22, 2017, 09:31:12 PM
 #29

The gates of hell will open and suck all your money in! Will cause huge panic selling! will be bloood on the streets of crypto!

I like blood and panic selling very much, as this provides good buying opportunities.
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August 22, 2017, 09:41:55 PM
 #30

Last time I sold the BCH too cheap because of all the FUD around it.
I thought BCH would crash right away, but it rose to allmost 0.5 BTC.

Woah! That escalated quickly. As far as I know BCH never reached 0.5 BTC. Do you have source for this? If what you say is true, i may be interested in BCH.

The peaks on Bitfinex were .26 BCH/BTC and .244 BCH/BTC. The recent highs were about the same on HITBTC. It may have spiked higher on some of the Asian exchanges, but I don't have a feed for them, nor can I trade on them.

Remember, it's a pretty illiquid market, so it could just be pump-and-dumped like other altcoins. It would take a bit more money considering the value and market cap, but it could be done. Buyer beware...

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August 22, 2017, 09:50:23 PM
 #31

Last time I sold the BCH too cheap because of all the FUD around it.
I thought BCH would crash right away, but it rose to allmost 0.5 BTC.
Woah buddy, BCH has never reached $2000, best i know BCH was trading around $500 last time I checked. IMO the 8MB block size is overkill and not really gonna work out.

OP, talking about the segwit2x fork, it's still not sure if it will happen right now I think we should look forward to segwit and let's not worry about the 2x fork just yet.
I have never seen it at $2000 also, but it was trading at $800 which is not bad at all
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August 22, 2017, 11:21:35 PM
 #32

I think that a lot of people will sell due to fear, i will be ready when that happens. I am going to be ready to buy the BTC at a lower price then hodl for a long time. i see profit, kaching!
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August 22, 2017, 11:27:46 PM
 #33

I guess this will not have any impact on the current bitcoin price as the market embracing for the hard fork
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