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Author Topic: How do you guys think the November Split will affect price?  (Read 1170 times)
jekjekman
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September 08, 2017, 03:22:03 PM
 #21

I think it will really affect he price as it is a new big event for the bitcoin community once again, we all know how the event of august 1 really affects the price of bitcoin that month and it will again as many news will come out and many people rely on it.

Just keep on believe that bitcoin will go up in price no matter what even if it really split that maybe resulted to fall down in price, it will bounce back again just what it always did.
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September 08, 2017, 04:16:49 PM
 #22

Of course, later in november will have an impact on bitcoin. As happened before. I hope positive effect that push bitcoin higher, because split that happen will increasingly attract interest of people in headline about bitcoin in various media.
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September 09, 2017, 01:18:15 AM
 #23

Just checked back on this thread, wanted to apologise for my use of the term "BTC Core", I meant Bitcoin, the original that we are all familiar with. I am still fairly new to this and wanted to make the distinction between BTC and BCH, I don't see the need for accusations of me misleading people, I have no reason to do that. If anything that would cause uncertainty and cause the price to drop which makes no sense for me as I am already invested in BTC at 4.6k? Why would I want the price to fall (in the short term anyway). Anyhow, my apologies for the mistake. Appreciate the feedback about the November segwit/fork event and to clarify, I am not trying to mislead. Most news sources, people on here and others are referring to the November events to come as a fork, hence why I referred to it the way I did.
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September 13, 2017, 10:31:30 PM
 #24

Of course, later in november will have an impact on bitcoin. As happened before. I hope positive effect that push bitcoin higher, because split that happen will increasingly attract interest of people in headline about bitcoin in various media.
There is a big impact on the november split issue its price will downtrend. But as like before happens it will soaring high. Yes it will attract more users that may interests to people to invest in bitcoin.

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john2231
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September 13, 2017, 11:21:29 PM
 #25

Of course, later in november will have an impact on bitcoin. As happened before. I hope positive effect that push bitcoin higher, because split that happen will increasingly attract interest of people in headline about bitcoin in various media.
There is a big impact on the november split issue its price will downtrend. But as like before happens it will soaring high. Yes it will attract more users that may interests to people to invest in bitcoin.
No the price of could be increase more since this is another big event just like before bitcoin will increase more after august 1
So this event will be the price can be burst increase fast again,.. It will be a big impact since its november and nearly december just like what happen from past few years that bitcoin price was increase every november and december..
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September 13, 2017, 11:42:52 PM
 #26

I think it will have the same effect as August 1.  Bitcoin a bit experiencing some dip then will skyrocket after the confusion is gone and eventually setting series of ATH.  This update is one of the preparation in solving Bitcoin scaling problem that had been a problem for several years.  I believe this upgrade will boost bitcoin price even though a split will happen.  In case of split, people who have high amount of bitcoin will definitely have a profit.  Reminds me that the current FUD is about accumulating cheap Bitcoin in preparation for the upcoming split.  More Bitcoin means more forked coin,  More forked coin means more to sell and more profit.

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September 19, 2017, 04:02:08 PM
Last edit: September 19, 2017, 09:50:51 PM by phrost
 #27

Hi, just wondering what you guys think the november split will do to the price of BTC Core? If it's going to rise I'm going to buy in again (already own 0.933 BTC) and if not then I'll sell before long once I'm breaking even (if it gets to that point) and buy back in at the dip. Also, do you guys think BTC Cash is a good long term investment? Seeing rises of around 25% in just 2 days, quite impressive.

Lot's of big BTC experts around but nobody tried to reply the first and simple question of this guy. Rather than criticizing him for wrong nomenclatures why don't you guys answer the clearly understandable question he asked?

So, let's try:

I think the price will be 2.5-2.8k between October 31 and November 6. This correction will be the last one in this year. After that It will reach 10.000 before 2018 july.

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September 20, 2017, 07:45:30 AM
 #28

Hi, just wondering what you guys think the november split will do to the price of BTC Core? If it's going to rise I'm going to buy in again (already own 0.933 BTC) and if not then I'll sell before long once I'm breaking even (if it gets to that point) and buy back in at the dip. Also, do you guys think BTC Cash is a good long term investment? Seeing rises of around 25% in just 2 days, quite impressive.

The November split is not a done deal. Lot of parties are withdrawing from the New York agreement. In the end, we might see thethe2x portion of segwit2x dropped altogether. November could then pass very quietly.
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September 20, 2017, 09:10:04 AM
 #29

Even during the past splitting majority of the users were speculating that the price will lower, but the reality took place in the opposite manner with the price drop taking place to smaller extent and then suddenly the pumping took place taking it as high as $4900+, maybe the same situation happens with the upcoming November splitting.
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September 20, 2017, 04:40:26 PM
 #30

Even during the past splitting majority of the users were speculating that the price will lower, but the reality took place in the opposite manner with the price drop taking place to smaller extent and then suddenly the pumping took place taking it as high as $4900+, maybe the same situation happens with the upcoming November splitting.

Your comparison is not really helpful, because this time the majority of miners actually support the hard fork (or at least
signal that they support it). In the case of Bitcoin Cash that was not at all the case and the big mining pools only mined it
after gaming the emergency difficult adjustment.

In my opinion the big exchanges will be the deciding factor in terms of which chain will become the main BTC blockchain.
This is caused by their control over the desired BTC ticker symbol.
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September 20, 2017, 04:55:45 PM
 #31

I think that the forks will only show that Bitcoin can survive anything.
Having my own keys in hand I don't care ... more splits = more cash.

Splits do make Bitcoin more problematic. It's like being in a maze not knowing what is what and which to follow.

Splits/forks should be kept to an absolute minimum to protect the image of Bitcoin and make it easier on people.


I get the feeling that some people are going to try and create splits so they can sell the split and buy back bitcoin for it.
This is just like the shitcoin pump&dump get-rich schemes.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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September 20, 2017, 05:01:13 PM
 #32

there is no November split, stop spreading FUD.

there is talk of a hard fork to increase the block size to 2 MB. it may or may not happen. currently more than 95% of the miners are signalling for SegWit2x or NYA, which means if it happens there may not even be a split! unless these 95% change their mind.

Also, do you guys think BTC Cash is a good long term investment? Seeing rises of around 25% in just 2 days, quite impressive.

no it is not a good "long" term investment. but it can have a very good potential IF things get out of hand before this upcoming S2X drama. they can potentially take advantage and pump BCH, which means a good profit in a short time and then followed by dump.
Its impossible already for those 95% to change their minds.There would really be no split on this upcoming november.I dont know why people do really believe on this false information on this upcoming november event.
If there would be again a split then its expected price would really be affected and even on this upcoming event it would surely affect it too so we should really watch out for opportunities to make money.

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September 20, 2017, 05:12:21 PM
 #33

Even during the past splitting majority of the users were speculating that the price will lower, but the reality took place in the opposite manner with the price drop taking place to smaller extent and then suddenly the pumping took place taking it as high as $4900+, maybe the same situation happens with the upcoming November splitting.

Hard fork expecting to hit only on ETH not for bitcoin this time. If network blocks has been splited then transaction fees will be reduced and blocks to get confirmed the each transaction will be increase. If you see about the bitcoin's price value, it will definitely increase to next peak value.

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September 20, 2017, 05:41:47 PM
 #34

I think, november will have a positive effect on bitcoin value. Because as it has happened before, bitcoin has a significant spike.

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September 20, 2017, 05:49:56 PM
 #35

November split is going happen smooth and clean like the one in August. Cool

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