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Author Topic: BTC speculation before fork  (Read 1709 times)
alani123
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October 19, 2017, 11:35:33 AM
 #61

To be honest, I don't think that this fork is as divisive as some present it to be. Support for 2x has been withdrawn form most of the major parties that initially supported it. It's not going to have an exclusivity over mining hashrate but we might see another token created. Perhaps a short lived one too.

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October 19, 2017, 11:36:29 AM
 #62

where do you guys see the price? will it break 6k or will it back to 5200-5400$ and settle there for some time?
I don't think so my speculation the price of Bitcoin before hard from will be below 6k because bitcoin on the previous day bitcoin fluctuating between the price of 5400 and 5200.

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October 19, 2017, 12:18:35 PM
 #63

To be honest, I don't think that this fork is as divisive as some present it to be. Support for 2x has been withdrawn form most of the major parties that initially supported it. It's not going to have an exclusivity over mining hashrate but we might see another token created. Perhaps a short lived one too.
But the hype is still there and people still want to get these free tokens out of holding bitcoin, and that bitcoin holders is the reason of why the price pumping so hard.
my opinion is that, so many people tend to wait until the HF ends and then selling it but still receive bitcoin gold than selling right now and missed the opportunity of earning bitcoin gold.
even if the major suport to segwit2x have withdrawn from major parties.

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October 19, 2017, 02:10:01 PM
 #64

where do you guys see the price? will it break 6k or will it back to 5200-5400$ and settle there for some time?

I expect some volatility but not as much as when the bitcoin cash fork happened. The bitcoin price seems to recover incredibly fast these days to every bad news it faces. It seems the trust in the coin is increasing, so every time the price crashes a bit, most people see it as an opportunity to buy it cheap. So I do expect the price to go down a bit, but I expect a fast recovery right after it happens, and most people wont even notice it.
Once that happens, it will again signal strength to investors, and the price should continue to rise.
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October 19, 2017, 03:50:41 PM
 #65

To be honest, I don't think that this fork is as divisive as some present it to be. Support for 2x has been withdrawn form most of the major parties that initially supported it. It's not going to have an exclusivity over mining hashrate but we might see another token created. Perhaps a short lived one too.
But the hype is still there and people still want to get these free tokens out of holding bitcoin, and that bitcoin holders is the reason of why the price pumping so hard.
my opinion is that, so many people tend to wait until the HF ends and then selling it but still receive bitcoin gold than selling right now and missed the opportunity of earning bitcoin gold.
even if the major suport to segwit2x have withdrawn from major parties.
I'll wait for new HF end yes The price increases before the HF most likely people want to receive btcGOLD and yes increased purchases caused by people who want to get it for free,I agree what you mean but increased purchases could also be due to market ordering high.The higher BTC price if one day this fall will hurt,I think BTC prices will also go up before HF Wink

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October 19, 2017, 03:55:52 PM
 #66

I really do not know and dont want to assume.
A lot could happen even just for a day. Too many FUD could come out that could also make the price go down. Maybe it will be a lot better than what happened with Bitcoin Cash cause we all know what could happen and we are ready.
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October 20, 2017, 08:45:22 AM
 #67

I am waiting a price drop after hard fork. People will start to sell bitcoin and buy altcoins.
But i am not expecting a panic sell or any other reasons.
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October 20, 2017, 03:43:43 PM
 #68

To be honest, I don't think that this fork is as divisive as some present it to be. Support for 2x has been withdrawn form most of the major parties that initially supported it. It's not going to have an exclusivity over mining hashrate but we might see another token created. Perhaps a short lived one too.
But the hype is still there and people still want to get these free tokens out of holding bitcoin, and that bitcoin holders is the reason of why the price pumping so hard.
my opinion is that, so many people tend to wait until the HF ends and then selling it but still receive bitcoin gold than selling right now and missed the opportunity of earning bitcoin gold.
even if the major suport to segwit2x have withdrawn from major parties.
I'll wait for new HF end yes The price increases before the HF most likely people want to receive btcGOLD and yes increased purchases caused by people who want to get it for free,I agree what you mean but increased purchases could also be due to market ordering high.The higher BTC price if one day this fall will hurt,I think BTC prices will also go up before HF Wink
Of course, the price of Bitcoin is raising up now, I have checked the current price of Bitcoin has higher than $5,800 again and maybe, in this turn, it breakout $6,000 is possible. But be careful when the price of Bitcoin breakout this resistance price, we have not any support after breakout to new AHT.
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October 20, 2017, 09:04:35 PM
 #69


it is rise more than 6,000$ and push up more so that i think it may be 6,500$

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October 22, 2017, 10:30:58 AM
 #70

the price of bitcoin will still continue rise, however we might see a lesser volatile bitcoin at this time, since there will be 2 upcoming forks, investors will still hodl up to november, in order t gain more profits, however there might still be a lot of people who are new to bitcoin, and will just do profit taking when the airdrop comes. as of now, there are a lot of good news that are coming in, we might see a the price of bitcoin going over 6500 usd before the aridrop, considering it is just  a few left and people are all waiting for bitcoin gold, i think after the october 25th the price will go down, eventually and will rise up again by november for the segwit, there will still be a lot of negative news that will come about after the two forks and hopefully, even the new investors will realize that they should not panic, since this seems o be a trend, when you check on last august's fork, the price had breached 5000 usd and then fall back, this time may not be an exception, we all just need to verify the news, where is i coming from and do a little research so we can plan ahead, in the event the FUDs are real.
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