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Author Topic: BTC speculation before fork  (Read 1711 times)
jc89
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October 15, 2017, 08:49:09 PM
 #21

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

Bitcoin will not break the 6000 dollar wall, not before the upcoming fork. I think that Bitcoin will go lower than 5000 USD as we approach closer to the schedule of the hard fork. This is inevitable since whales might trigger panic selling, FUDs are everywhere. However, the downtrend will not last long since Bitcoin can recover easily from those kind of dump. $6k is the next destination until the end of this year.

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eagleman
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October 15, 2017, 09:28:24 PM
 #22

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'm not that really good in speculating the price of bitcoin but my guess that it's possible that it will pass to $6,000 before the hard fork but it isn't going to happen before, possible that it will happen after the hard fork. There will be a lot of bitcoin gold exporters that will eventually sell it since it's a free money so that means that they really don't expecting something for bitcoin gold.



To my opinion in the upcoming period the price will continue to rise and before fork we could reach even 6500$ to 7000$. After the fork a.minor dump is possible and very likely and the price could bounce back to 5000$ but I don't think this will last for long, maybe a week or two and then the price will start to pump again. But surprises are always possible, so we mustn't exclude that too.

I'm not hoping for $7,000 but if that happens then it's a better speculation and this will make it to $10,000 before this year ends.
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October 15, 2017, 10:26:57 PM
 #23

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'm not that really good in speculating the price of bitcoin but my guess that it's possible that it will pass to $6,000 before the hard fork but it isn't going to happen before, possible that it will happen after the hard fork. There will be a lot of bitcoin gold exporters that will eventually sell it since it's a free money so that means that they really don't expecting something for bitcoin gold.



To my opinion in the upcoming period the price will continue to rise and before fork we could reach even 6500$ to 7000$. After the fork a.minor dump is possible and very likely and the price could bounce back to 5000$ but I don't think this will last for long, maybe a week or two and then the price will start to pump again. But surprises are always possible, so we mustn't exclude that too.

I'm not hoping for $7,000 but if that happens then it's a better speculation and this will make it to $10,000 before this year ends.
Commonly before hardfork bitcoin value were increasing trends, but this time it's hard for us to determine or speculate the movement of bitcoin in the market. Maybe it will raised up too much or fall down very fast. We never know what happen this time. But we hoping that segwit happen have gain a good results to the crypto currency community.
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October 16, 2017, 12:35:06 AM
 #24

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

Bitcoin will not break the 6000 dollar wall, not before the upcoming fork. I think that Bitcoin will go lower than 5000 USD as we approach closer to the schedule of the hard fork. This is inevitable since whales might trigger panic selling, FUDs are everywhere. However, the downtrend will not last long since Bitcoin can recover easily from those kind of dump. $6k is the next destination until the end of this year.
To me i think that there will be such special effect on the price of bitcoin due to hardfork that is going to happen on 25 October, i think that bitcoin price will continue its price increasing and hope that very soon may be before the hard fork the price of bitcoin will cross 6000$, and even after hard fork we can expect that the price of bitcoin will continue increasing and hopefully that at the end of 2017 bitcoin price will be trading above
zarados
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October 16, 2017, 01:08:45 AM
 #25

before hardfork ?
Bitcoin price should in the middle between our peak and our bottom,
for now we're not yet see this,because we're steadily increasing at the moment.
but if we're guessing it,i bet we should see it around $4800~5200 no more than that.
just look at our pump right now,
it's a bit too hard and forced in my opinion,usually if the price is pumped that hard,,
we should see a 'big' retrace later on

the same as my opinion, this is already the fourth week of bitcoin rising trend, and I think there will be no increase again.
Next there will be a correction, as you say, the price will stabilize at the midpoint between the peak and bottom prices. I thouht This will continue until november.
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October 16, 2017, 07:33:55 AM
 #26

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

Bitcoin will not reach 6000 USD before the fork. It will be after the fork. There are more tendency that Bitcoin will crash as we approach the upcoming hardfork so reaching as high as 6k USD is a bit much. It might fall lower than 5000 USD since hardforks are never jokes to some. Some are afraid of it so that's why some do panic selling.

Agreed.  And the threat looms even larger now because in light of the past 2 days I see a general change in philosophy.  More people are moving away from holding for the long haul and moving their money around, trying to get in & out at the right times, and maximizing their profits.  This will piggy-back onto the backs of the panic sellers and create changes from now on more pronounced than before, both in times of decline but also in times of optimism. 

Perhaps this general change in philosophy started longer ago actually.  Some (albeit very) good news was reported several days ago, and I expected it to have a positive affect on the "future" of BTC, and inevitably also spark an immediate rise in value as well... but I never thought for a second it would jump as dramatically as it did.  More and more people are moving away from being content to hold their BTC through it all... all the ups & downs, and are moving their money in & out in an attempt to maximize their profits.  Especially those who were late to the party and don't have the luxury of having invested a large lump sum when the value was still in the 3 digits.  This is their chance to get rich too.  And who can blame them?  This will cause even more volatility and make the downs even more drastic than usual.  But as we've seen evidence of, can also makes the up's even more impressive than expected as well.  A double edged sword.  But right now, as in the short term I can see it having an adverse affect as the hard fork nears and passes.  They will after all follow the lemmings off the cliff.  However if the price does get down to a manageable point again and it invites new investors just watch them pile on as well and really send the value skyrocketing. 

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October 16, 2017, 08:43:08 AM
 #27

where do you guys see the price? will it break 6k or will it back to 5200-5400$ and settle there for some time?
too early to say this but i think it will break over 6K and will correct it's price below 6K. Settlement may happen after the fork i think, the price is still volatile and the uptrend is shown here and there but we will see the real price speculation next week when the forking is near.

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October 16, 2017, 09:47:04 AM
 #28

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 think it will have a higher price than it's current price now before fork happens. Since there is a high chance that people will buy more before fork happens, for sure it will increase in price more before fork happens. Also, there is a low chance of it dumping after all, if one dumped it too early, then he/she would not get free money from the upcoming fork that will happen in November.
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October 16, 2017, 11:28:31 AM
 #29

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 think it will have a higher price than it's current price now before fork happens. Since there is a high chance that people will buy more before fork happens, for sure it will increase in price more before fork happens. Also, there is a low chance of it dumping after all, if one dumped it too early, then he/she would not get free money from the upcoming fork that will happen in November.
Panic selling alarm will cause flash crash effect in markets. Crowd psychology will start panic selling and domino effect will destroy price gains from last weeks. After fork alts will go higher and btc will head down to 3500$ price level.

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October 16, 2017, 12:21:01 PM
 #30

the price is not yet break the wall of $6000 and it will be down for a while and we can see now, the price is only going in that range. it seems the price is only up and down for $58xx to $56xx and then the price is increase again to $57xx. but if there is too many people become panic, then the price will be down too far and we are too difficult to increase again. i think we can wait for this week and we can only hope that soon we can break the wall so we can increase into $6000.

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October 16, 2017, 12:26:47 PM
 #31

the price is not yet break the wall of $6000 and it will be down for a while and we can see now, the price is only going in that range. it seems the price is only up and down for $58xx to $56xx and then the price is increase again to $57xx. but if there is too many people become panic, then the price will be down too far and we are too difficult to increase again. i think we can wait for this week and we can only hope that soon we can break the wall so we can increase into $6000.

I noticed that the price seems to be in a roller coaster ride once we hit almost $6000 a few days ago. One hour you will see its going red, then the next minute the price goes to $5800 again. We all love to see to see the price break that elusive $6000 mark but then its the new mental barrier that has been set.

However, I assumed that as we get closer to the 25th of this month, that $6000 price will be breach and I'm seeing around $6200-$6300 before the split. More investors will pour their cash on the market just days or even hours before the actual split. We have seen this scenario last Aug 1 and I think we will see it again this Oct. 25.

 
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October 16, 2017, 01:04:46 PM
 #32

the price is not yet break the wall of $6000 and it will be down for a while and we can see now, the price is only going in that range. it seems the price is only up and down for $58xx to $56xx and then the price is increase again to $57xx. but if there is too many people become panic, then the price will be down too far and we are too difficult to increase again. i think we can wait for this week and we can only hope that soon we can break the wall so we can increase into $6000.

I noticed that the price seems to be in a roller coaster ride once we hit almost $6000 a few days ago. One hour you will see its going red, then the next minute the price goes to $5800 again. We all love to see to see the price break that elusive $6000 mark but then its the new mental barrier that has been set.

However, I assumed that as we get closer to the 25th of this month, that $6000 price will be breach and I'm seeing around $6200-$6300 before the split. More investors will pour their cash on the market just days or even hours before the actual split. We have seen this scenario last Aug 1 and I think we will see it again this Oct. 25.
The sudden price dump is just a trap and it's often happen in this kind of situation and I'm not surpised at all, it's exist to lure people to sell their bitcoin while the people with big money waiting to grab some of bitcoins.
The $6000 im pretty sure will be reached this month as you said but maybe we're struggling on $5800 level for a while just like when bitcoin hits $4800 and stagnant for a while.

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October 16, 2017, 01:12:23 PM
 #33

As of now the price of bitcoin is already 5800 dollars and Im happy for that. And I hope the price will hit 6k dollars soon as possible so we can make a lot of profit in the future. But we dont kniw what actual happen in the bitcoin price in the next few days because fork is near. But I hope the price of bitcoin will increase more before and after fork. More bitcoin more money to come.
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October 16, 2017, 08:10:55 PM
 #34

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'm not that really good in speculating the price of bitcoin but my guess that it's possible that it will pass to $6,000 before the hard fork but it isn't going to happen before, possible that it will happen after the hard fork. There will be a lot of bitcoin gold exporters that will eventually sell it since it's a free money so that means that they really don't expecting something for bitcoin gold.



To my opinion in the upcoming period the price will continue to rise and before fork we could reach even 6500$ to 7000$. After the fork a.minor dump is possible and very likely and the price could bounce back to 5000$ but I don't think this will last for long, maybe a week or two and then the price will start to pump again. But surprises are always possible, so we mustn't exclude that too.

I'm not hoping for $7,000 but if that happens then it's a better speculation and this will make it to $10,000 before this year ends.
Commonly before hardfork bitcoin value were increasing trends, but this time it's hard for us to determine or speculate the movement of bitcoin in the market. Maybe it will raised up too much or fall down very fast. We never know what happen this time. But we hoping that segwit happen have gain a good results to the crypto currency community.

Yes it is increasing because everyone wants to chase the free coin from that hard fork. Just like what happened before the bitcoin cash hard fork everyone seems to be busy on purchasing bitcoin and just like what's happening this week, the hype is real for bitcoin because the price is even higher right now.



For those people that are very optimistic with the speculation of bitcoin's price for this year, well good luck to all of us the fork is near to come and is at hand.
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October 16, 2017, 09:48:19 PM
Last edit: October 16, 2017, 11:57:52 PM by tenakha
 #35

Prices are increasing slowly and there is no sharp price bar on charts.Speculators usually buy when everyone is selling and other way. I know some guys who sold their long term altcoins and transferred their savings to bitcoin for getting free bitcoin gold. Let's see what will happen after fork.
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October 16, 2017, 10:59:48 PM
 #36

As of now the price of bitcoin is already 5800 dollars and Im happy for that. And I hope the price will hit 6k dollars soon as possible so we can make a lot of profit in the future. But we dont kniw what actual happen in the bitcoin price in the next few days because fork is near. But I hope the price of bitcoin will increase more before and after fork. More bitcoin more money to come.
This a bit risky caused by we are seeing about the hardfork as the short hype or Periode-hype. If this not caused by the hardfork and i think that the bitcoin should not go to the moon. I was expecting the more people will try to sell their bitcoin gold after the fork and comback for the bitcoin.
There will be no bullish after the fork just wanna see what will be happening with the bitcoin gold after the fork. Will it get big dump or not?

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JeffBrad12
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October 16, 2017, 11:34:11 PM
 #37

There's still few days to go, and I think that there's also many people who yet to join the train of bitcoin gold free money, it's really possible or probably more about to break the $6000 wall within few days supposedly.
Also, there's some minor price correction that happen but after that the pump will also occur.
As if from my speculation, the price is not going to back to $5400 or at that rate again, but will increase until the peak of the HF when the bitcoin gold distributed.

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john2231
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October 16, 2017, 11:47:50 PM
 #38

There's still few days to go, and I think that there's also many people who yet to join the train of bitcoin gold free money, it's really possible or probably more about to break the $6000 wall within few days supposedly.
Also, there's some minor price correction that happen but after that the pump will also occur.
As if from my speculation, the price is not going to back to $5400 or at that rate again, but will increase until the peak of the HF when the bitcoin gold distributed.
This is impossible to reach $6,000 plus because due to whales are there waiting for the price increase like we already seen in the past few days and the past month that  turn the price down because of a bad news and panic selling..
Hope this time those  whales will finish selling all their bitcoin into the market so that almost all are pure investors and we will see that the price of bitcoin could be increase more ..
And getting the benefits of bitcoin gold after the fork..
pinky
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October 16, 2017, 11:55:37 PM
 #39

There's still few days to go, and I think that there's also many people who yet to join the train of bitcoin gold free money, it's really possible or probably more about to break the $6000 wall within few days supposedly.
Also, there's some minor price correction that happen but after that the pump will also occur.
As if from my speculation, the price is not going to back to $5400 or at that rate again, but will increase until the peak of the HF when the bitcoin gold distributed.
It is unpredictable to make concrete conclusions about market rates. Speculators will wait for fork and big whales are already going to exit from big positions. Bitcoin gold will be exciting after fork but this statement is not true for bitcoin itself.



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CyberKuro
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October 16, 2017, 11:58:47 PM
 #40

Considering bitcoin price movement, it's more likely to reach $6K before next hard fork of bitcoin gold.
The new ATH is $5900, it will be easier to surpass it due to bitcoin development and acceptance across the world.
But maybe bitcoin hard fork is the most influenced news which encourage traders and investors to gamble with bitcoin price.
I wouldn't so proud of it due to bitcoin price will be fall down after reach new ATH instead of keep increasing over $7000 in this year.
But, nothing for sure in this market, we can speculate but if somehow a big country such as China or US ban bitcoin or exchanges, it will be like a dooms day for us.
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