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Author Topic: Should I expect BTC dump before another fork?  (Read 1375 times)
misa999 (OP)
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October 08, 2017, 09:43:14 PM
 #1

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
unamis76
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October 08, 2017, 09:46:00 PM
 #2

Your money, your choice... But taking advantage of a dip is always good Wink However, I don't think forks will create many price fluctuations from now on...
TheGodson
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October 08, 2017, 09:47:29 PM
 #3

I think the bitcoin gold fork will actually increase the price since people will be wanting bitcoin gold. The 2X MB hard fork will be another story. People will panic sell due to uncertainty.

Never put everything you have into one currency. One way to ensure going broke one day.
greyeye
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October 08, 2017, 09:50:35 PM
 #4

I think the bitcoin gold fork will actually increase the price since people will be wanting bitcoin gold. The 2X MB hard fork will be another story. People will panic sell due to uncertainty.

Never put everything you have into one currency. One way to ensure going broke one day.

its all speculation at the best, if we can predict which way the price would face, for the coming events, we can make a lot more $$$.
However, thats not that easy and relative to other events, investor sentiment, and bot network who sells/buys... so... just HODL?
javadsalehi
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October 08, 2017, 10:02:53 PM
 #5

I don't think so. in past fork on August 1, there were some poeple sell their their bitcoins because they were worry to lose them. despite of this. Bitcoin price rised. This time, with what people learned,  there will be smaller number of people sell their bitcoins. So I except the price to rise very much.
misa999 (OP)
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October 08, 2017, 10:04:26 PM
 #6

I expect BTC would grow as well...do you know what price of btc gold could be? Kiss
shursight
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October 08, 2017, 10:05:52 PM
 #7

I dont know, but probably people will only dump their bitcoin gold, not their real bitcoins, just like happened on August 1nd, i remember that everybody were dumping their bitcoin cash, and i think that the same will happen in november.
And everybody is buying more bitcoin because they are waiting for the fork, so i dont think that the price will suddenly dump, because most people is only buying, not selling.


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October 08, 2017, 10:28:41 PM
 #8

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

No one knows for sure but if the last fork is any indication, the price will go up and I'm betting there will be a lot more hard forks in the future

We will. We will. Block chain. Block chain.
posi
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October 08, 2017, 10:40:25 PM
 #9

There's possibility that dip will happen before the fork but I don't see any dip happening this week because the price of bitcoin will pump and slightly dump will happen acouple of days before the fork.

Oceat
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October 08, 2017, 11:12:11 PM
 #10

It's your choice to take the risk because no one knows when will it going to happen and what will going to happen. Still it's a good choice to take advantage of the fork since you will gonna get a lot of profit from it. But you can't do it right now nor tomorrow because what is just happening is just a normal fluctuation and there's no fork happening yet. News said there might be another fork that's going to happen at November and it would create another split just like what happen to BCH. So, it's up to you if you wanna get advantage of it at the end of the month, this month.

3996
pinoyden
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October 09, 2017, 04:47:41 AM
 #11

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

yes maybe, because people will panic and would sell their bitcoins before the fork just like happened on the recent hardfork last august. also  it depends on you , if you want to earn more profit then put all your cash in bitcoins because soon it will like to pump again and will surpass the current 4000$ limit.
pooya87
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October 09, 2017, 05:05:45 AM
 #12

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

"before the fork" means at least 1 month before the deadline of the fork. and we are at that date right now but as you can see price is recovering fast and rising up, not paying any attention to any forks.

also if you want to cash out, then do it to USD (real fiat) not to another altcoin that promises to be like real fiat (USDT). tether is riskier than you think.

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Wind_FURY
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October 09, 2017, 05:41:25 AM
 #13

OP, you have everything in reverse. If Bitcoin drops, make it your job to look for more fiat and buy the dip. The main objective is to get as much coins as you can for the big pay off. Trading back and forth will only give more stress and not enough profit as you make mistakes in timing the market.

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Pleione527
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October 09, 2017, 07:00:26 AM
 #14

Yes I think we should expect another dump before the hard fork because it seems that the price now is increasing and I don’t think this will just continue without another drop like what happen in the first hard fork but it much better if it will not happen and only appreciation will took place. Bitcoin is unpredictable better be ready.
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October 09, 2017, 07:06:50 AM
 #15

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
No, don't put everything in BTC it is too much risky Meanwhile before the fork it is a sure thing that bitcoins will going to dump so it is the time for you to buy much lower price.
suvo05
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October 09, 2017, 07:22:42 AM
 #16

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

From the experience of the 1st fork ,I can tell you that BTC is not going to dumped before the fork. As in the previous case every one was expecting BTC at 1700$ before the fork, BTC was strongly at 2700$ at that moment and it keep going up after the fork.

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October 09, 2017, 07:30:53 AM
 #17

No, i feel no dump only gain. Peoples will sell everything to get btc and its babies fork .
Seansky
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October 09, 2017, 08:14:51 AM
 #18

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
I expect a little duo after another fork but the wisest choice one can do during this time is just hold every btc already got since one will get free money after fork so it doesn't matter if it dips a little, it will still give dome profit through the freely given btc forked version. Although that is the case if you have money on other crypto, feel free to also hold them. Don't put your money in one basket.
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October 09, 2017, 08:19:02 AM
 #19

Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
I expect a little duo after another fork but the wisest choice one can do during this time is just hold every btc already got since one will get free money after fork so it doesn't matter if it dips a little, it will still give dome profit through the freely given btc forked version. Although that is the case if you have money on other crypto, feel free to also hold them. Don't put your money in one basket.

The previous fork offered free btccash for everyone who has bitcoin depends on wallet or what exchange supported btc cash. Since another fork is comming people are expeciting to have free BTC Gold for them. So i guess you could put all in bitcoin in a wallet to acquire the BTC that might be given with the same amount as how much bitcoin he stored in that wallet. This time maybe just make sure you have good wallet and put it all in one basket. Split if after the fork.
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October 09, 2017, 09:01:18 AM
 #20

Bitcoin is unpredictable so better expect the unexpected..it can increased and reach $6000 this week but it can also drop and may reach $3500 we all don't know all we have is the hope that bitcoin will continue to be successful and that it keeps increasing its taking risk and taking chances.
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