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Author Topic: BTC speculation before fork  (Read 1709 times)
CodyAlfaridzi
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October 17, 2017, 12:03:19 AM
 #41

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

It will continue rising until the fork, as people buy more Bitcoin to claim more forked coin. After the fork, there should be a small dump as people sell BTC back to fiat/alts. I'm looking forward to the next BTC correction, couldn't wait to hold more cheap Bitcoins.
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October 17, 2017, 02:32:41 AM
 #42

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

It will continue rising until the fork, as people buy more Bitcoin to claim more forked coin. After the fork, there should be a small dump as people sell BTC back to fiat/alts. I'm looking forward to the next BTC correction, couldn't wait to hold more cheap Bitcoins.
I agree with you there is a tendency price will be dump after the hard fork. For now, it will continue to increase because of bitcoin gold. I am seeing same scenario before like bitcoin cash, this time users wants to get bitcoin gold so it will continue to rise.
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October 17, 2017, 02:43:06 AM
Last edit: October 17, 2017, 04:19:12 AM by Flor1982
 #43

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

Most people have already a hard experiences on the situations Iike this especially if this is already happen before and going to happen again for the second time therefore i believed there is no major panic will going to occur and most of the bitcoin holders will hoard therefore the market value will continue to increase more than $6000.
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October 17, 2017, 04:20:25 AM
 #44

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

It will continue rising until the fork, as people buy more Bitcoin to claim more forked coin. After the fork, there should be a small dump as people sell BTC back to fiat/alts. I'm looking forward to the next BTC correction, couldn't wait to hold more cheap Bitcoins.
I agree with you there is a tendency price will be dump after the hard fork. For now, it will continue to increase because of bitcoin gold. I am seeing same scenario before like bitcoin cash, this time users wants to get bitcoin gold so it will continue to rise.
Panic situation begins once the specific events come to the discussion. Here, though people come up with positive hope the reality is completely unpredictable. With bitcoin cash the price increased tremendously once after the splitting, but the same didn't sustain long making path for a much larger capital market. With the upcoming fork too, the same might take place.

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October 17, 2017, 07:34:22 PM
 #45

Bitcoin's price would probably break 6000 USD and will make a new record before the airdrop,  one factor affecting this is the 2 forks on the way, since we already seen what had happened last August, more and more people will keep on buying Bitcoin in order to hodl, and have extra cash, however for Bitcoin gold, I see a dumping, since there is another fork on November and people would want to gain advantage. Considering the fact as well that there are new Bitcoin users that entered, because offree publicity done by those who bad mouths Bitcoin. I think hours before the the airdrops we would see  the price of Bitcoin breaking a new level, and after that, bitcoin's price will have another correction and this time, the price will be much higher.
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October 18, 2017, 02:53:53 AM
 #46

which hard fork is it you are talking about? Wink
the bitcoin gold one which is in about 10 days now, seems to have a positive effect on price and it is driving it high. although I believe it is not the only reason for this rally but also I say it has been a factor. and it will continue on this path and it is possible that we see the $6000 be touched.

the bitcoin SegWit2x fork is a different beast. I think it can have the reverse effect. as in causing a drop like the bitcoin cash (or the UASF SegWit split threat) caused. if we can get over that successfully like before I don't see anything else in the future can cause a similar threat to bitcoin price.
You are right with the bitcoingold., However, the segwit 2x is just going to be another positive one once all the users understand that 2x cannot fly. Segwit2x is just another attack on bitcoin core which from enlightenment, lots of support is already dropping for it.

Users are beginning to understand the miners are only trying to use this as a way to gain control and relieving the power from users.

As it is now, we are the power and I am sure no reasonable person wants to leave there investments in the hands of some so called greedy miners or companies, more like clamoring for centralization when we already have the sweet decentralization going on.

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KennyR
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October 18, 2017, 03:34:53 AM
 #47

The upcoming fork is expected to make an positive price increase, but none has the perfect answer for the same. Today the price of bitcoin cash keeps on moving forward while the majority of the altcoins along with bitcoin continues to drop in value. This can be considered as an initiation for the upcoming fork price pumping.

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fiomcorka
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October 18, 2017, 03:43:33 AM
 #48

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.
The chances of that happening is very possible. The market is normal a bit now and still dwindling between 5500 to 5700.

However, just some days before the fork, there is every possibility that there would be another huge blood bath for the alts and then we will end up seeing some huge strange movement again for bitcoin to the moon.
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October 18, 2017, 06:43:53 AM
Last edit: March 12, 2018, 12:33:40 AM by ThunderCatSteve
 #49

It usually drops a bit right before the fork and rises after that. I wouldn't be surprised if we drop to less than $5000, but I expect to be at the $6000 mark, if not $7000, at the end of the year.
Your values may be correct, since that is the reason we call it speculations anyway.
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October 18, 2017, 06:45:05 AM
 #50

In my opinion if I see from the price movements in recent days, Before fork I think the price is not going to be far at the $5300 and above that, and also probably will more stay above that number till almost reach $6000.

radjie
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October 18, 2017, 10:43:05 AM
 #51

As we saw in early August, bitcoin is split into two, or it can be said to be a bitcoin split, before a hard fork occurs most of the altcoin value has decreased in price which could make digital currency users panic. They fear the price of bitcoin or other altcoin has decreased drastically so they sell all the coins they have so as not to feel the loss or lose its value in large quantities.But after the bitcoin split occurs, the value of digital currency jumps again. Therefore, the preparation we must face from now do not panic because there will be hard forks, must remain confident with what is done by the bitcoin developers, after all can be passed the value of digital currencies may be able to experience a higher price increase
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October 18, 2017, 11:04:00 AM
 #52

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

Most people have already a hard experiences on the situations Iike this especially if this is already happen before and going to happen again for the second time therefore i believed there is no major panic will going to occur and most of the bitcoin holders will hoard therefore the market value will continue to increase more than $6000.
I can't understand why people constantly appear to panic when the price of bitcoin falls after a rapid growth. Honestly I do not understand why now the price is reduced. My reasons price had to go up. But I don't mind because it still happens. My bitcoins are on hold for a very long time. If I don't make now I'm going to get next year.
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October 18, 2017, 10:59:57 PM
 #53

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

It will hover around $5500-6000 by next week. It is already back to $5500 after the dip from yesterday. It will break $6000 by November and continue to increase little by little till the year ends. The fork will not affect bitcoin that much.

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October 18, 2017, 11:34:32 PM
 #54

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.

I also think that this may be the case before the upcoming fork. People are actually already starting to get worried or may panic, so a lot may sell and dump. Just like in the last hard fork, I expect there to be a price decrease. Since there will be a bitcoin gold fork happening this Oct. 25, some may dump it just before the hard fork on November. I hope that the price will not go lower than $5000.

After the fork, the price may shoot up again and it is quite possible for it to reach $6000.

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October 18, 2017, 11:59:09 PM
 #55

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.

I also think that this may be the case before the upcoming fork. People are actually already starting to get worried or may panic, so a lot may sell and dump. Just like in the last hard fork, I expect there to be a price decrease. Since there will be a bitcoin gold fork happening this Oct. 25, some may dump it just before the hard fork on November. I hope that the price will not go lower than $5000.

After the fork, the price may shoot up again and it is quite possible for it to reach $6000.
I think they are just afraid to be lose that is why they are selling too early their bitcoin because expect that the price of bitcoin is already touch in $5800 and they they are also afraid after the fork we will see a huge price drop.. so before its happen  they are sold their bitcoin early..
To get the benefits of the price increase these days.. and also to have other people to have chance to buy bitcoins too to have free bitcoin gold in low price..
In november i believe that we will see changes that we can see huge price increase around november and december not connected in fork but i think we will see huge price increase these following month and december the same movement happen last year.
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October 19, 2017, 09:54:34 AM
 #56

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

It will hover around $5500-6000 by next week. It is already back to $5500 after the dip from yesterday. It will break $6000 by November and continue to increase little by little till the year ends. The fork will not affect bitcoin that much.

I wouldn't be too fast about speculating about price in November, things are very unpredictable in that regard in my opinion. the fork which is going to be in November is the SegWit2x fork and that is a serious one and not at all like the bitcoin gold premined altcoin thing.
and because of that it can have much more significant effects on the market. the fear of splitting bitcoin is always something that can cause turbulence.

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October 19, 2017, 10:52:46 AM
 #57

In my opinion if I see from the price movements in recent days, Before fork I think the price is not going to be far at the $5300 and above that, and also probably will more stay above that number till almost reach $6000.
We are same thinking, I believe that bitcoin value were reach $6000 before or after hardfork. Because this coming segwit I know that it can't largely affect the movement of bitcoin in the market. If necessarily that bitcoin value will affected I know that time come past they can easily recovered it. Moreover bitcoin are so large now they can easily handle the damages happen in crypto currency community.
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October 19, 2017, 11:11:27 AM
 #58

where do you guys see the price? will it break 6k or will it back to 5200-5400$ and settle there for some time?
Everyone wants the bitcoin to move up after the fork this October. But its hard to make a speculation like that, since we all know that the price of bitcoin this fast few day is already moving down. Bitcoin price is very volatile, its hard to predict because its change from time to time.
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October 19, 2017, 11:32:11 AM
 #59

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

Probably it will be less than $6,000 because i believed more people would sell their bitcoin to ensure the safety of their invested capital but i also believed that the value will rise up again after the fork because once the price will become lower again it will be an opportunity to buy it again at the cheapest price.
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October 19, 2017, 11:34:09 AM
 #60

I'm looking forward to the next BTC correction, couldn't wait to hold more cheap Bitcoins.

   I know that bitcoin price will increase, but can we still speak about "cheap" bitcoin when its price is count in thousands of USD ?
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