November real test for Bitcoin ?

[949miner]

I really think that bitcoin needs to lower the fees a bit. It is so high right now, i had to send a payment of $30 and i had to pay $8 worth of fees, even more expensive that PayPal fees (since they are too high too)
but it all will depends on how the bitcoin goes, all the mess with segwit is now in the past, we now have to watch closely how bitcoin will keep the trace.
And about the price, i think it will reach $5k before november.

[SokrieeE]

I really think that bitcoin needs to lower the fees a bit. It is so high right now, i had to send a payment of $30 and i had to pay $8 worth of fees, even more expensive that PayPal fees (since they are too high too)
but it all will depends on how the bitcoin goes, all the mess with segwit is now in the past, we now have to watch closely how bitcoin will keep the trace.
And about the price, i think it will reach $5k before november.

I expect vais versa in November long time from now a head i speculate bitcoin price will test 7000 $ at that time , Donate some money if i am correct then .

[soy]

I really think that bitcoin needs to lower the fees a bit. It is so high right now, i had to send a payment of $30 and i had to pay $8 worth of fees, even more expensive that PayPal fees (since they are too high too)
but it all will depends on how the bitcoin goes, all the mess with segwit is now in the past, we now have to watch closely how bitcoin will keep the trace.
And about the price, i think it will reach $5k before november.

I expect vais versa in November long time from now a head i speculate bitcoin price will test 7000 $ at that time , Donate some money if i am correct then .

Ahah everyone predicts the course of the bitcoin at this level there, I do not see what it is exceptional there in lol!
Wet a little and predicted a BTC to 100,000 $ in 2020 and there I will congratulate you!

[xuan87]

If there will be hardfork the price will fall down again, no matter how well people understand about this, it will affected the Bitcoin price, the forking in Aug made Bitcoin  price slide down to 3800$, it is hard to predict what will be the price this time but it won't be fall down lower than 4000$ and if it is successful then we will see 7000$

[ameliana]

for me, I do not think about it, which is important for me to have bitcoin and sell it as necessary as the rest I save.Because the incident of 1st of August proves that bitcoin remains the number 1 of the from other altcoin.

[poplolnman]

I really think that bitcoin needs to lower the fees a bit. It is so high right now, i had to send a payment of $30 and i had to pay $8 worth of fees, even more expensive that PayPal fees (since they are too high too)
but it all will depends on how the bitcoin goes, all the mess with segwit is now in the past, we now have to watch closely how bitcoin will keep the trace.
And about the price, i think it will reach $5k before november.

we can change the way people look at the fee value , with bitcoin price recently it's indeed only give benefit to the early miner , $5 as a fee might mean nothing. but to those people who bought bitcoin lately i don't think so , i would think twice before sending a transaction with that high fee. the slow network should be done before december , otherwise a lot of people could suffering and lost their interest to invest more in bitcoin even leaving.

[fossilized]

Been in bitcoin for years. Each time there is an improvement in protocols there will always be FUD. But it will be good to look above the technical issues and see the basis of how bitcoin works: a community that supports the development and use of bitcoin. And as long as they support and sustain btc, it doesn't matter how many hardforks occur.

[Cormoran]

Been in bitcoin for years. Each time there is an improvement in protocols there will always be FUD. But it will be good to look above the technical issues and see the basis of how bitcoin works: a community that supports the development and use of bitcoin. And as long as they support and sustain btc, it doesn't matter how many hardforks occur.

It doesn't matter, and yet it really does because it can affect the way the people who haven't drank the Kool-Aid yet view things. Right now, people are either seeing a new technology taking off, or a bubble that's about to pop, and either way they're interested. Some want to get in early and ride it to the top, and some want to get in early and cash out before it blows up, but either way it has a lot of momentum. More forks create more uncertainty. Even if it's not actually a fork but just an alteration of the technology by a consensus, it causes some uncertainty; a real hardfork, where a large portion of the miners go in a different direction, could be far worse. Some people were saying that they recommended not initiating any transactions with Bitcoin for two weeks after the soft fork, but most people ignored that and went on with business as usual after a day or two. If it actually took two weeks or a month for people to start using Bitcoin again, that would slow the momentum down significantly; or worse yet if a hard fork and patchy adoption of technology actually made a lot of people flat-out lose their coins it wouldn't be easy to recover. People got past Mt. Gox, but that was with much lower value in Bitcoin and was also only one bad actor. A slight mistake in a hardfork costing billions with no possibility of reimbursement, since there's no central agency... well, right now we're seeing institutional investors very interested in Bitcoin, but at the first appearance that the technology is flawed a lot of potential investors might be heading for the hills. Of course, it might also just cause another buying frenzy once the sharks see all that red ink in the water. I'm glad that you have faith, but in my experience nothing is certain. You might say I'm absolutely certain that nothing is certain, actually...

[danherbias07]

Sorry but I dont believe it will dip that deep. 
Even with events that will happen it can rise.
Remember ETF was rejected and yet the price went up.
BU came and yet the price went up again.
BCH is here and yet the price stayed like this for a long time .
The highest dip would be just 200 to 300 dollars and thats it.
Brace yourself with the BER months. You might want to have some bitcoin before that.

[Karartma1]

Bcash.... SegWitx2.... They are all altcoins.
You should always know Bitcoin will beat them all 

Well said man!
There have never been so many altcoins around like these days (and I don't want to countless ICO tokens which are also on the stage). What I see at the top is Bitcoin nothing else.
Actually, I wonder where the flippening went 

[deisik]

if everything goes on fine with bitcoin in november, the price could shoot up to $7000-8000 range. December is traditionally very strong month for bitcoin.

What's your definition of "fine?"

Since the November fork is a hard fork, it will cause a split from the original network. If the entire ecosystem migrates to Segwit2x, there will be no split, but that seems unlikely. If the fork happens and there is significant support for both chains, I think this could have a very negative effect on price. It's impossible to predict, though.

You've meant to say if the split happens, right?

Since soft as well as hard forks themselves don't necessarily imply there should be a split. Further, why do you think that it is unlikely that the whole Bitcoin world (well, apart from the Bitcoin Cash part obviously, though who knows) is going to migrate to SegWit2x? Yes, this whole initiative is rather political shenanigans of the NY agreement participants, and Bitcoin Core developers may refuse to update the client to the 2x part in the end but we haven't yet heard any definitive statement on their part regarding this issue

[Bittoshi]

If you want to invest in Bitcoins, do it now, no matter what. When you look back at the last split, when Bitcoin Cash came out, lots of investors thought Bitcoin would decrease in price but the opposite happened and look where it is now. It's raising from one all time high to the next.

Even if there is another split in November, Bitcoin will stay the main chain. There were so many other splits in the past and the original main chain gets stronger and stronger every time. And what should you do if the price crashes unexpected? Buy more Bitcoins when they are cheap. 

[pikebu]

November is the for the activation of segwit2x on bitcoins network, it will makes real testing for bitcoins, is it will makes bitcoins to be better or it will makes bad for bitcoins due to everything can be happened to bitcoins network include crash of network although the activation of segwit2x is bug fixing scaling problem but the risk of it is bitcoins network crashing, so we must think about the bad and good posibility on bitcoins.

[casey.anthony195]

November will be a harsh month for Bitcoin, especially after Bitcoin Cash announced its' technology development plan.

[casey.anthony195]

Bcash.... SegWitx2.... They are all altcoins.
You should always know Bitcoin will beat them all 

Well said man!
There have never been so many altcoins around like these days (and I don't want to countless ICO tokens which are also on the stage). What I see at the top is Bitcoin nothing else.
Actually, I wonder where the flippening went 

These altcoins may not have had success in the past, but that doesn't mean that they can't grow into a formidable opponent for Bitcoin in time. 

[marky89]

Been in bitcoin for years. Each time there is an improvement in protocols there will always be FUD. But it will be good to look above the technical issues and see the basis of how bitcoin works: a community that supports the development and use of bitcoin. And as long as they support and sustain btc, it doesn't matter how many hardforks occur.

Here's the problem. Core developers (most Bitcoin developers) don't see it as an improvement, and actively oppose the fork. So, if the Segwit2x team and the miners/businesses backing them really move forward with the fork, then the FUD is warranted.

This isn't like a soft fork where a simple majority of miners can prevent a split from occurring. A hard fork "upgrade" requires that every user installs new software and joins a new network. That means a split is guaranteed already. Add the fact that Core and many BTC users don't support Segwit2x? Get your popcorn ready.

[milewilda]

Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?

Let me know your thoughts.

Expected price would really fall on those months specially on before November fork just like what happen before on August 1 event we did see the price dips and we can really assume that this upcoming fork again would happen that kind of dips which we should really be ready on that one and as an investor i would risk to buy bitcoin as of now because we are still 2 months away and prices might still climb and we would able to sell out and take profits and when november comes keep an eye on the dip and buy cheap coins because price will bounce back for sure.

The price had fallen only cause of a smart game of speculators who made the mass panic around the fork. I doubt that people will eat the same story again. So, I don't expect some big fall by November.  

You are right those price dips where caused by those fuds around made by people or lets just say that whales are included on those people. Which it do really cause dip of prices and when the right price range have been set then they did buy on those points and the price rose up in a short span of days which really did make huge profits for those people who bought on those dips.It will happen again before november for sure.

[deisik]

Been in bitcoin for years. Each time there is an improvement in protocols there will always be FUD. But it will be good to look above the technical issues and see the basis of how bitcoin works: a community that supports the development and use of bitcoin. And as long as they support and sustain btc, it doesn't matter how many hardforks occur.

Here's the problem. Core developers (most Bitcoin developers) don't see it as an improvement, and actively oppose the fork. So, if the Segwit2x team and the miners/businesses backing them really move forward with the fork, then the FUD is warranted.

This isn't like a soft fork where a simple majority of miners can prevent a split from occurring. A hard fork "upgrade" requires that every user installs new software and joins a new network. That means a split is guaranteed already. Add the fact that Core and many BTC users don't support Segwit2x? Get your popcorn ready.

But now we have Bitcoin Cash

So what's the purpose of the NY agreement conspirators forking Bitcoin (again) provided there is no consensus between them and the Bitcoin Core team (which seems to be the case)? Would it make any sense to create yet another Bitcoin when there is already an 8M block Bitcoin? I don't think that two Bitcoins is a good idea anyway but three is certainly an overkill. Could the SegWit2x proponents just abandon the 2x part since it would basically replicate Bitcoin Cash if made into a separate Bitcoin?

[bitcoinmaniac52]

I hope in November we see some real progress. See, transactions are too high right now and it is killing Bitcoin... not literally, but if it continue like this then I am afraid it will. We need the Lightning Network.

[craZyLovE0916]

November is indeed a major test for Bitcoin. Probably comparable to the fiasco in early August, but likely not as bad. There was Bitcoin Cash at that time as well which threw a wrench into everything.