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Author Topic: Will Bitcoin go to 5000$ after SegWit activation?  (Read 1093 times)
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August 24, 2017, 02:15:45 PM
 #1

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.

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August 24, 2017, 02:22:07 PM
 #2

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.

It depends on two things:

1) Segwit itself not suffering from any problems.
2) Segwit2x and big blockers in general, not getting anywhere. If the JeffGarzikCoin hardfork happens, the price will crash, so all the potential upside will be negated because people will panic sell due big blocker nonsense as always. Ultimately it depends on what people want to do with their money, but typically during big blocker drama it drops.
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August 24, 2017, 02:29:22 PM
 #3

it probably will reach $5000 sooner than you think. right now it is the day of activation and you can't really expect much on this day because this day is already priced in, more or less. although there was a little rise today.

but after a week tops things can change and the rise can start. simply because of the non-stop good news that will come out from now on. and we still have a whole month of September for rising.

There is a FOMO brewing...
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August 27, 2017, 06:23:36 AM
 #4

Yes I'm sure bitcoin will reach $ 5000 at the end of the year, but back again to segwit if this new segwit will work and no problem, but it will not affect the bitcoin price

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August 27, 2017, 06:34:17 AM
 #5

All the pump and dump as a result of Segwit is done and Bitcoin has now stabilized at $4,000 - 4,500 levels. The next big movement will occur in November, when the 2MB block size will be implemented. Things will be more or less dull until then.

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August 27, 2017, 06:39:12 AM
 #6

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.
The bitcoin is now heading for $5000 in this year. I know that the bitcoin will become more profitable. I wish that I have many bitcoins today for me to able to become rich.

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August 27, 2017, 07:02:56 AM
 #7

Well Im hoping it reach 5000$ coz that would mean more profit from bitcoins Im currently holding. The sooner it reach 5k I think Im going to sell my btc already or atleast half of it since I would already get decent profit from that.

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August 27, 2017, 08:13:12 AM
 #8

All the pump and dump as a result of Segwit is done and Bitcoin has now stabilized at $4,000 - 4,500 levels. The next big movement will occur in November, when the 2MB block size will be implemented. Things will be more or less dull until then.

if it were a "pump and dump" then price would have been back to $700 already!

i don't know when people are going to realize that not all rises are pumps and not all rises mean a bubble. some of you have heard some words somewhere but never bothered to simply google the meaning of those words.
here let me help you out a little: www.investopedia.com/terms/p/pumpanddump.asp
and one of the main features of it is the fake rise which never lasts because the rise was based on false, misleading or greatly exaggerated statements. just like what we see on altcoin market every day. prices go up then they start their downward spiral. do you see a downward spiral towards $700 here?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 27, 2017, 09:07:59 AM
 #9

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.

It depends on two things:

1) Segwit itself not suffering from any problems.
2) Segwit2x and big blockers in general, not getting anywhere. If the JeffGarzikCoin hardfork happens, the price will crash, so all the potential upside will be negated because people will panic sell due big blocker nonsense as always. Ultimately it depends on what people want to do with their money, but typically during big blocker drama it drops.

Do you think the hard fork will happen? And will it be delayed past November?

I'd agree that there is some potential for a crash if a genuine split occurs. I think the consensus with BCH was that it was an altcoin, and while it might suck some investment money away from BTC, it's not a great threat in terms of usurping its user base.

With the November split, it's tough to say. There is clearly a supermajority of miner support. But with Core so firmly opposed, I could see this whole thing fizzling out.

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August 27, 2017, 09:39:39 AM
 #10

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.

There are still the debate and the SegWit2x so I think it will no go that high. I think it will be staying at the price of $4000. After that maybe we will be seeing that happening. We all know that every last month of the year, the ATh is always appearing. I hope it will be reaching that price this year, I have a lot of hope for that.
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August 27, 2017, 11:22:55 AM
 #11

I hope the bitcoin price will reach 5000 dollars so we can make a lot of profit. And for sure if reach that price bitcon will become more trending or more famous to the different country so the price will continue to increase . But if the price decrease and go back to the 4000 dollars for sure many people are happy because they can buy a lot of bitcoin and wait the price to increade so they can earn a lot of profit.
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August 27, 2017, 12:27:00 PM
 #12

Segwit has activated, but no-one is using it. That's because most wallets are not segwit compatible. To use segwit you need to transfer your coins to a segwit address (incurring a transaction fee) and then send using that segwit address (incurring another transaction fee). It's too much hassle so people are just sending using the old system.

 
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August 27, 2017, 12:43:23 PM
 #13

Segwit don't much affected bitcoin it has activated and nothings happen actually people don't get much use of it but I think bitcoin will reach $5000 before the end of this year...I am also waiting for the big pump
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August 27, 2017, 04:56:08 PM
 #14

Segwit don't much affected bitcoin it has activated and nothings happen actually people don't get much use of it but I think bitcoin will reach $5000 before the end of this year...I am also waiting for the big pump

This is because folk hasn't yet implemented Segwit on large scale. But in week or so we could see the impact of Segwit followed by transaction speed and low fees.
All we need to do is wait. And if fees dropped dramatically, $5000 is nothing a big deal. Bitcoin can surpass much ahead of it.
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August 27, 2017, 06:10:05 PM
 #15

Segwit activated today so what will happen to bitcoin price now? what u think will it goes to 5000$ very soon or just walk around 4000$ for more than a month? most people want it to be around 4K so they can buy cheap bitcoin.
The bitcoin is now heading for $5000 in this year. I know that the bitcoin will become more profitable. I wish that I have many bitcoins today for me to able to become rich.
But I am sure that day will become very soon that you have a lot of bitcoin because I know you trust the bitcoin and who's are believed in bitcoin they have earn a lot of bitcoin and but, it require struggle, yeah hard struggle without working this is impossible to have a lot of bitcoin, and more you are also talking about the bitcoin price it goes to hit 5000$ without any doubt in the year.
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August 27, 2017, 06:31:06 PM
 #16

I hope the bitcoin price will reach 5000 dollars so we can make a lot of profit. And for sure if reach that price bitcon will become more trending or more famous to the different country so the price will continue to increase . But if the price decrease and go back to the 4000 dollars for sure many people are happy because they can buy a lot of bitcoin and wait the price to increade so they can earn a lot of profit.
well price of this year many say will reach 5000 dollars we all hope best for bitcoin prices the higher the achievement then the more famous and we are lucky to know what is bitcoin
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August 27, 2017, 06:59:14 PM
 #17

SegWit is an old news since it was successfully locked-in, the next thing that might boost Bitcoins price would be Lightning Network, but even this might be priced in already - if it's almost ready for deployment and this information has been leaked to whales. If you want to find some fundamentals for Bitcoins price, you should search for some information not yet known to general public - it can be rumors about development, governments adoptions, support from traditional investors or big companies, etc. Buy the rumors, sell the news.

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August 27, 2017, 08:17:32 PM
 #18

well said, everyone try to predict when is BTC planning to hit $5000? First, You could not say the exact date and time nor there is any planning or schedule. just look around with patience.

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August 27, 2017, 09:04:14 PM
 #19

I have no doubt that bitcoin will easily surpass that price in the coming weeks, but not as a result of this event, but because of the strong bullish trend it has experienced since December of last year. In fact I would not be surprised if the price is around $ 6,500 by the end of the year since it has been proven that those dates are very important for bitcoin.

It seems that modern Santa Claus is very updated and has decided to give us important gifts through bitcoin.  Grin
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August 27, 2017, 09:12:06 PM
 #20

Hoping that bitcoin will reach $5000 because of SegWit activation, will be a long wait I can't begin to imagine because even as at now, the sole purpose of SegWit which is lower fees and faster transaction rate is currently becoming a myth and to now start predicting its effect on price, will mean we have to wait a little longer if things will turn around.
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