1991runner (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
|
August 30, 2017, 12:28:19 PM Last edit: August 30, 2017, 06:45:13 PM by 1991runner |
|
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. EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
|
|
|
|
LilloBoy
Newbie
Offline
Activity: 46
Merit: 0
|
|
August 30, 2017, 12:39:34 PM |
|
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.
In November probably we'll see some fluctuation... but if you think to buy some bitcoin you not have to lose time, because probably the November dips will be much higher than the actual price. First time that I wanted to buy bitcoins the price was 30$, the day after when I was ready for send the payment the price jumped to 36$. So I thought that was better to wait... and the price went over 100$ in no time. I did the same mistake when the price was around 300$ and I waited a dip for buy. Finally few months ago I bought some bitcoins for 1000$ Don't do my mistake.... never lose time... if you want buy bitcoin just do it. If you wait for a better chance probably you'll regret it!
|
|
|
|
milewilda
Legendary
Offline
Activity: 3234
Merit: 1154
|
|
August 30, 2017, 12:45:34 PM |
|
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.
|
|
|
|
OmegaStarScream
Staff
Legendary
Offline
Activity: 3598
Merit: 6334
|
|
August 30, 2017, 12:52:34 PM |
|
I don't see why the price would go down this time, since one split already happened, people already understand how things work now, there is no reason to sell. A lot of people sold the last time (out of panic) until the price reached 1800$ but the price didn't take much until recovered but since everyone is familiar on how things will go, I doubt anyone will sell this time, I even expect to see the price increase as soon as SegWit start to take effect and LN get released.
|
|
|
|
BitcoinHodler
|
|
August 30, 2017, 12:57:06 PM |
|
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.
November is 3 months from now and in that time a lot of things can change. and also until that time bitcoin will probably have more rise until October and then start having issues with the FUD. remember the month of July and read all the topics with "Aug 1" in their titles. the same thing can happen. 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.
is that block height set now? i really want to know, this is the first time i am seeing a solid date for the hard fork to be honest. 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 ?
the same as August fork, it is hard to say at this point. the closer we get to that date (like 1 month before) things will become more heated up and then at some point it will be clear what will happen. because most people involved (like miners, etc) wait for the last minute to voice their support or no support! and everyone enjoys the FUD and drops it brings. it is like summer sale all over again, this time called winter sale
|
Holding Bitcoin More Every Day
|
|
|
Yoandy10
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 30, 2017, 12:57:38 PM |
|
I don’t think that the price will dip necessarily due to the split in November. I would buy now. I bought some at $1900 a couple months back thinking that it was too expensive. But now I’m glad I did, because the price has tripled. Do it now. By November the price will be at $6000
|
|
|
|
Herlina
Full Member
Offline
Activity: 406
Merit: 101
Decentralized Digital Billboards
|
|
August 30, 2017, 12:58:47 PM |
|
i learn from experience, in early August, many people make a issue that BTC prices will fall due to hard fork BitcoinCash. but you can see at this time, BTC goes up and bitcoin holders are happy about getting free BitcoinCash
|
|
|
|
TrumpD
|
|
August 30, 2017, 01:02:20 PM |
|
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
The fluctuations will be around what is normal. Nothing major as the previous has proved that there is nothing to fear from a fork. Who knows with this market though, it does not take much to send people into panic.
|
|
|
|
Lanatsa
|
|
August 30, 2017, 01:03:52 PM |
|
I don't see why the price would go down this time, since one split already happened, people already understand how things work now, there is no reason to sell. A lot of people sold the last time (out of panic) until the price reached 1800$ but the price didn't take much until recovered but since everyone is familiar on how things will go, I doubt anyone will sell this time, I even expect to see the price increase as soon as SegWit start to take effect and LN get released.
This is possible that there would be no dip or price decrease but this thing would really depend on the community if there an another fud that would create panic selling just like before.Price did eventually get up after the dip and lucky for those people who did buy back on those range and still holding as of now because they are really making good profits.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
buwaytress
Legendary
Offline
Activity: 2926
Merit: 3650
Join the world-leading crypto sportsbook NOW!
|
|
August 30, 2017, 01:06:26 PM |
|
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.
Don't worry about November. Get your coins now and keep the investment. Let's assume if you do that now, the things you predict happens: 1. Worse fluctuations than July happens. Prices stabilise after, and you have Bitcoins and another alt. 2. A repeat of August happens. Prices rise for BTC, and you have another alt. Let's say something else happens: BTC plummets and the alt inexplicably becomes the dominant one. Oh but luckily, you also have the alt since you bought BTC before the fork. All roads point you to: buy BTC now (or at least, before Nov).
|
|
|
|
Red-Apple
|
|
August 30, 2017, 01:45:10 PM |
|
the best course of action is to invest now that it is month before the drama begins and hold bitcoin. that way price rises and you won't miss out and after the rise in case it dropped it is still going to be much higher than the price you bought at. and you can buy more in that particular dip and also in case a split happened you will gain 2 coins and after that the true bitcoin with the most support will be bitcoin and the price of it will be higher and continue on the previous rising path.
|
--signature space for rent; sent PM--
|
|
|
webmastax
|
|
August 30, 2017, 01:50:10 PM |
|
I suggest you to keep buying bitcoins. Now people are more familiar with forks. Maybe after November you find yourself with bitcoin rising and another alt split as bonus. Let's be optimistic
|
|
|
|
Rinaze
|
|
August 30, 2017, 01:51:25 PM |
|
I don't see why the price would go down this time, since one split already happened, people already understand how things work now, there is no reason to sell. A lot of people sold the last time (out of panic) until the price reached 1800$ but the price didn't take much until recovered but since everyone is familiar on how things will go, I doubt anyone will sell this time, I even expect to see the price increase as soon as SegWit start to take effect and LN get released.
The hard fork in the upcoming November definitely carry much more weight than the soft fork that happens in August. The soft fork that happen in August might be just one group of people behind but the one is November consist of 50+ big group of supporters / companies. Just do a quick Google search on The New York Agreement. Then again I don't think the dip will be dramatic as people will be buying in hoping that they get another big free airdrop 1:1 if the hard fork do happens.
|
|
|
|
serhishulak
Full Member
Offline
Activity: 159
Merit: 100
LuckyToken – Join ICO!!!
|
|
August 30, 2017, 02:14:39 PM |
|
i think you shouldn't worry about that. if you here for a long time you know that btc is always up and down. you shouldn't be scared about that
|
|
|
|
BrewMaster
Legendary
Offline
Activity: 2114
Merit: 1293
There is trouble abrewing
|
|
August 30, 2017, 02:15:27 PM |
|
you are rushing to make a decision about something that is far away from us. the UASF drama and all the other crap regarding August 1st didn't affect bitcoin price in January! they did it in July instead where the FUD was at its highest and price was struggling with that 2 big dips once to $1800ish and the other i forgot
|
There is a FOMO brewing...
|
|
|
Mtoo
Member
Offline
Activity: 84
Merit: 10
|
|
August 30, 2017, 02:18:46 PM |
|
Many people asking about that change in Nov but you have to wait up to October and we will see if change possible or not
|
|
|
|
leex1528
|
|
August 30, 2017, 02:20:25 PM |
|
What is the big deal with November? I think the higher transaction fees are actually going to hurt bitcoin a little bit... If there is another split or something in November I think we won't see a price change for a couple of months at least.
|
|
|
|
Rinaze
|
|
August 30, 2017, 02:32:02 PM |
|
What is the big deal with November? I think the higher transaction fees are actually going to hurt bitcoin a little bit... If there is another split or something in November I think we won't see a price change for a couple of months at least.
The differences between August and November this time is majority of the BTC community is supportive of the split (hence hard fork) while the August split is the opposite of that (hence soft fork). A split in any currency coin can be quite unpredictable for the market I guess. Anyway, isn't Segwit supposed to ease the transaction fees a bit while the developers try to implement LN?
|
|
|
|
Kronos21
|
|
August 30, 2017, 02:45:39 PM |
|
I have no ability to influence any decision of the community so I try not to think about it. What's the point? Just shake the nervous system. Come what may I will accept any outcome. But it seems to me that any changes we do not we'll see. Someone will work on the panic and all.
|
|
|
|
leex1528
|
|
August 30, 2017, 03:23:25 PM |
|
What is the big deal with November? I think the higher transaction fees are actually going to hurt bitcoin a little bit... If there is another split or something in November I think we won't see a price change for a couple of months at least.
The differences between August and November this time is majority of the BTC community is supportive of the split (hence hard fork) while the August split is the opposite of that (hence soft fork). A split in any currency coin can be quite unpredictable for the market I guess. Anyway, isn't Segwit supposed to ease the transaction fees a bit while the developers try to implement LN? How do they split it up? So is it like a stock that they decide to break up? Like how Apple did years ago? If they do split it how on earth are they going to say how much each coin will be worth through a wallet? Like will .002 coins become 2 coins or something along those lines?
|
|
|
|
|