hunterkrypto (OP)
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October 13, 2017, 10:47:16 AM |
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how do you think after 25th October about bitcoin price, will it keep increasing or vice versa? after bitcoin gold appears whether it will affect bitcoin and bitcoin cash prices
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kangjiasg
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October 13, 2017, 10:51:40 AM |
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It is going strong for 6k but i think it will drop thou. It is at all time high and what goes up goes down
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DaMut
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October 13, 2017, 11:07:55 AM |
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we should understand 'the causes and the effects',
what is going on with Bitcoin price lately ? and why it's pumped so hard by people while we're facing another drama before ?
Bitcoin price is surging due to another split that will happen in the next few days later on,
the real problem is not about the split,but instead another coin created based on Bitcoin.
you will get it as long as you have it in your own wallet,
that is why many people bought a lot of Bitcoin in order to get it for free and maximize their profit.
and what will happen after the split ?
of course it will be dump,some of them will cash out their money and some of them will buy an alts.
but do not worry,for a long term Bitcoin price will always increasing not decreasing,
because it's started to get implemented by countries lately by doing a regulation.
(even though only a few countries doing that for now)
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xtimus
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October 13, 2017, 11:12:29 AM |
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After October 25 to November Fork it will drop hard and everyone who spent money buying around $6000-7000 or whatever high it reaches to get free bitcoin gold which might even sell for like 2 digits $10-50 will lose money. Then enter more FUD like Russia ban bitcoin or whatever dropping it even harder.
I think it will drop down to somewhere between $5000-6000.
Just speculation.
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Emelectrol
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October 13, 2017, 11:19:40 AM |
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I think it will drop down to somewhere between $5000-6000.
Just speculation.
lol What a nice drop |
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slaman29
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October 13, 2017, 11:27:55 AM |
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It is definitely going to have to drop for a while right after people cash in all their Bitcoin Gold, but then again everyone will be tempted to hold after Bitcoin reaches past 6k. If it even breaks 6.5k, then we won't see any big drop until November. Because will people want to go to the trouble of changing out Bitcoin for a few weeks before accumulating for another fork again? I sincerely doubt it.
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CoinsCoinsEverywhere
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October 13, 2017, 11:41:22 AM |
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Does the price of bitcoin really have to drop after the bitcoin gold fork (if it happens)? People may dump their bitcoin gold as quickly as they can to make something from it, but that doesn't mean that investors will necessarily be selling their BTC. If for no other reason than because the price of bitcoin tends to do a lot of surprising things, we may end up with a rally after the fork.
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ekoice
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October 13, 2017, 11:48:30 AM |
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how do you think after 25th October about bitcoin price, will it keep increasing or vice versa? after bitcoin gold appears whether it will affect bitcoin and bitcoin cash prices
Bitcoin gold has nothing to do with bitcoin price as it has no miners support.Definitely,it is going to be a failure.Its surprising to see that still believe these kinds of hard forks and await eagerly for air drops to get access to some free coins. Bitcoin gold will have impact much less than bitcoin cash.It would be just pumped and dumped b big whales to earn some extra cash.Its surprising to see that some have decided to save their bitcoins in their wallet to get access to this shit coin. Definitely,such frequent hard forks are not good for the reputation of bitcoin. |
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Samarkand
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October 13, 2017, 11:58:36 AM |
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It is definitely going to have to drop for a while right after people cash in all their Bitcoin Gold, but then again everyone will be tempted to hold after Bitcoin reaches past 6k. If it even breaks 6.5k, then we won't see any big drop until November. Because will people want to go to the trouble of changing out Bitcoin for a few weeks before accumulating for another fork again? I sincerely doubt it.
You greatly overestimate the impact that Bitcoin Gold will have. It is completely unclear, whether the fork will actually happen and even if it happens it will have a dismal total hashrate supporting it. I would be extremely surprised when it is worth more than 10 mBTC and therefore it is highly unlikely that people are buying BTC in anticipation of the upcoming Bitcoin Gold fork. Most exchanges won´t even list Bitcoin Gold. That should tell you everything you need to know about the fork  |
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joseafonso123az
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October 13, 2017, 12:14:52 PM |
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I think it will depend on the acceptance of BTC gold. If it just proves to be another side coin, than BTC has the potential to grow a bit more, from whatever t may be at that time. But if it grows without measures, and sky rockets it's value, then it might hapen some kind of correction, bringing it down to a more reasonable and stable value.
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AjithBtc
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October 13, 2017, 12:42:46 PM |
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It is definitely going to have to drop for a while right after people cash in all their Bitcoin Gold, but then again everyone will be tempted to hold after Bitcoin reaches past 6k. If it even breaks 6.5k, then we won't see any big drop until November. Because will people want to go to the trouble of changing out Bitcoin for a few weeks before accumulating for another fork again? I sincerely doubt it.
Based in the price before the days closer to fork can make the prediction. As in the quote, price might go high above $6500 and drops. Even in the past, it was described in the similar manner but things happened in the opposite manner with growth taking place tremendously. Hope the same happens. |
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BureauChef
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October 13, 2017, 12:54:20 PM |
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It is definitely going to have to drop for a while right after people cash in all their Bitcoin Gold, but then again everyone will be tempted to hold after Bitcoin reaches past 6k. If it even breaks 6.5k, then we won't see any big drop until November. Because will people want to go to the trouble of changing out Bitcoin for a few weeks before accumulating for another fork again? I sincerely doubt it.
Based in the price before the days closer to fork can make the prediction. As in the quote, price might go high above $6500 and drops. Even in the past, it was described in the similar manner but things happened in the opposite manner with growth taking place tremendously. Hope the same happens. It can decrease after the fork completed. People will have gotten enough from bitcoin at that time. They already made great profits there. Check altcoins, all of them died. The trend now is for bitcoin's rise, nothing else. |
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Kemarit
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October 13, 2017, 01:03:34 PM |
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how do you think after 25th October about bitcoin price, will it keep increasing or vice versa? after bitcoin gold appears whether it will affect bitcoin and bitcoin cash prices
Sooner we will see a slight correction after Oct. 25th. We may see the price kind of stable and keeps on fluctuating and more of a side ward swing. Then correction sets in. But I think even with a slight correction we may over be $5000. I'm based everything for the Aug. 1st Bitcoin Cash scenario, the price didn't dip that much, for a about a week or two. Then consolidation happen pushing the price further until China steps in and created a lot of fuss by declaring ICO illegal and closing exchanges. The timing is very bad because we just touch $5000 that time. I'm seeing a similar scenario for Bitcoin Gold. Just a slight dip then immediately it collect at some point then will push the price to another level. So around $6000 price is more after the Oct. 25 imminent fork. |
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Seansky
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October 13, 2017, 01:25:08 PM |
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how do you think after 25th October about bitcoin price, will it keep increasing or vice versa? after bitcoin gold appears whether it will affect bitcoin and bitcoin cash prices
I think price movements will halt a little after October 25th and there will surely be corrections. Even if that is the case, the chance of btc price to continue increasing is high after the hype about bitcoin gold is gone. Still there is a chance of it dropping but I doubt if it will ever go lower 2500$, still there is a chance of it happening so for now I hope the latter won't happen. |
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candy27
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October 13, 2017, 01:27:01 PM |
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I think the prices will drop.
On Bitfinex at the moment people are paying 0.4% interest a day to borrow USD to buy bitcoin. Once Oct 25th is here, they'll sell their coins in order to gain USD to repay the loans. Which will send bitcoin prices down.
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harizen
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October 13, 2017, 01:52:31 PM |
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how do you think after 25th October about bitcoin price, will it keep increasing or vice versa? after bitcoin gold appears whether it will affect bitcoin and bitcoin cash prices
Honestly I can't give a close to reality insights on what will be the behaviour of the price after the fork since it will depend on how community will react after it's become fine now to claim their shares in the upcoming fork. What we must think is, bitcoin price will increase more as it moves forward. So rather than think of it all night, just don't bother since it will just stressed you out. What you must do is to look closely at the price watch prior, during and after the fork so that you won't missed the action. But if you are eyeing on long term goals, no need to watch the price since all you need to do is to hold. |
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DoublerHunter
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October 13, 2017, 01:55:53 PM |
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I think that the price of bitcoin will be on a low because that is when the fork of bitcoin gold will happen and that means that the bitcoin gold will be distributed and the exchanges will have bitcoin gold and you can sell it immediately when you already receive your bitcoin gold and that is why the price will go down because that day might become the harvesting of profit.
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YuginKadoya
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October 13, 2017, 01:59:14 PM |
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A lot can not really say what can really happen in that date so far it is a big question mark, but I think we can make it big in the new All Time High of $6000 mark value before the Oct 25 and until the hard fork, but we can really know if the price would still go straight up.
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BitcoinsGreat
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October 13, 2017, 02:00:31 PM |
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I think it will drop down to somewhere between $5000-6000.
Just speculation.
lol What a nice drop Really funny to see this drop to 5000 t o 6000$. What it means that bitcoin will reach over 10000$ and then we will see such a drop to 6000$. The current situation is that we have passed the 5000$ barrier and now we are waiting for it to cross 6000$. Let see in how many days will this be accomplished. I am seeing some very high movements of bitcoin price in coming 10 days. |
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AtheistAKASaneBrain
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October 13, 2017, 02:39:30 PM |
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I don't see why people are speculating with a dump after the 25th of October. It would happen after segwit2x hardfork in any case, not after Bitcoin Gold's hardfork. As long as there is a hardfork under the sun, the speculators that got in with receiving hardfork coins on mind are not going to sell until all hardforks are done.
And even then, we are going to have massive bullish pressure from wall street sun due Ledger X. Just don't gamble and hold it, we are going places never seen before.
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