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n0ne
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October 13, 2017, 12:39:05 PM |
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this may happen, but I think that if the price rises quickly (in a short time) it will have a high risk, because there will be a time when bitcoin has a high price fall, it's because of a certain moment or unexpected event that could make this happens, so I'm not too grandiose to expect the bitcoin to reach 7k before a hard fork occurs
People fear of growth happening in less time, but in reality price doesn't show much fluctuations even when it grows in less time. The growth towards $5500 took place all of a sudden. Resistance to move forward is just a way of growing with minor fluctuations. The same happens for a short before crossing the next barrier of $6000, so $7000 is achievable. |
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tiggytomb
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October 13, 2017, 12:39:30 PM |
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That's not entirely out of this world looking at what's happened over the last few weeks, if it did get that far we would be expecting a major dump before a correction but I'll join you in hoping this will happen.
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BureauChef
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October 13, 2017, 12:39:57 PM |
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It can be possible because bitcoin is slowly attracting investors and some big whales are investing more into bitcoin. Although it is not sure if the increase will continue, but at least it will another all time high. Because during the past days it keeps on increasing and i don't know if bitcoin will have dump but is is safe to say that after the fork, the price will reach higher than just 7k.
that's a very good point and I also said that the price will inflate prior to the fork for the same reason. I can also see some sense in the point about the selling delay but what really needs to happen is for BTG to come up with heavy marketing and some really strong arguments to make it look sound and promising. So far it is just a HongKong mining farm with some decent hash power and lots of personal agenda. Not much clarity on what they will improve or why and really not much of a roadmap for anything too new or different to make them stand out. At least BCC have their 8MB blocks and cheap fees. As far as I remember from the last split, btc price went up after the split was completed. The same story can be applied also here maybe. We can see it as $7,000 after the successful split. It has the potential. Why not? |
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Fen1X
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October 13, 2017, 02:13:42 PM |
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Yes, I see this possible, even before the upcoming fork.
What will happen immediately after the fork, is much harder to say.
With the BCC fork, it continued to rally up, but we'll have to see what will happen now.
But in the short term I expect it to rise further, quite possibly to $7K and beyond.
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Gigafart
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October 13, 2017, 02:15:48 PM |
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I think it is very possible. Bitcoin to the moon. 5.7 and counting  |
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rube08
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October 13, 2017, 02:19:39 PM |
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Yes it is possible. There are many people investing in bitcoin hoping that they will fork and get a ratio of 1:1 of bitcoin gold. This is free money for them and they can choose to hold bitcoin gold or sell it.
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pat4cryptoreal
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October 13, 2017, 02:41:52 PM |
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It is possible for bitcoin to reach 7k before the fork but I am advising everyone to be careful and also be ready to bear the lost because it may not keep increasing the way we think.We should remember that there will be a fluctuation in price no matter the inflow of investors.
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Dudeperfect
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October 13, 2017, 02:42:03 PM |
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Sorry to touch your prediction bubble but I honestly think that there is a correction going to happen soon and that would pull the price of Bitcoin back to the range of $4K to $5K and I don't see any price near to $7K at least within next 3 months from now. However, I am ready to bet that it will touch $7K mark in the first or second quarter of the next year.
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misa999 (OP)
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October 13, 2017, 02:43:28 PM |
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what kind of answer are you expecting with this question ?
I dont know, i am just curious about your opinions |
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Ivan16
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October 13, 2017, 04:03:54 PM |
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I think yes whit this progress i expect soon and very possible to over 10k to the end of 2017.
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Malutash
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October 13, 2017, 04:37:09 PM |
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this may happen, but I think that if the price rises quickly (in a short time) it will have a high risk, because there will be a time when bitcoin has a high price fall, it's because of a certain moment or unexpected event that could make this happens, so I'm not too grandiose to expect the bitcoin to reach 7k before a hard fork occurs
People fear of growth happening in less time, but in reality price doesn't show much fluctuations even when it grows in less time. The growth towards $5500 took place all of a sudden. Resistance to move forward is just a way of growing with minor fluctuations. The same happens for a short before crossing the next barrier of $6000, so $7000 is achievable. $7000 is just 18% higher than the current value. But after the fork, although the combined value is higher, indivicual coin might be lower. |
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Clairvoyance
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Perceiving events in the future and beyond
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October 13, 2017, 11:52:59 PM |
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Do you think we can go beyond 7k before hardfork? Its possible but to have another $1000 difference in a week before the fork seems to be absurd. It might reach $7000 by November or December but not before the fork. |
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magneto
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October 14, 2017, 12:33:02 AM |
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Do you think we can go beyond 7k before hardfork? By the looks of it we have some pretty hard resistance at the $6k level that is driving price down a bit at the moment, but if everything goes well and the lead up to the hard fork does not lead to panic then $7k is possible. After the hard fork i'd expect the price to settle a bit and potentially drop down to around $4k, however. Bull markets can't last forever and we need breaks in between pumps. |
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aardvark15
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October 14, 2017, 12:43:46 AM |
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Do you think we can go beyond 7k before hardfork? It's possible but if the price goes that high that quickly, but I don't think it's sustainable. This price increase could be temporary in anticipation of the hard fork. Anyone with Bitcoin could end up with both coins after the fork, so people are trying to temporarily build up more Bitcoin. I would expect a small sell off afterwards. I still think the price will stay relatively high but we may see a price fluctuation after the fork. But eventually the price should go up again but not this rapidly. |
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Nameless27
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October 14, 2017, 12:59:57 AM |
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We can’t be sure in predicting about bitcoin price as it goes now at 5599$ level again. There must be a crowd selling at 5800$ level yesterday that why it happen.
The Bitcoin Gold fork this coming weeks might be a start of another bullish run that might be a no ending until the end of the year. The segwit 2 might have no effect as rumors suggest that this fork has lesser information being roaming around and might not be a big impact on bitcoin price.
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Idrisu
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October 14, 2017, 06:53:16 AM |
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Do you think we can go beyond 7k before hardfork? I think this speculation will come to pass as the buying momentum only need to break $6000 for us to get to $7000 and this may probably happen next week. I have been following the trend and it seen after a correction we would be heading toward $7000. The hardfork in First of august this year has teach many of us leason and this next one that is Sigwit2x activation will not be mush different from that of August. Many people are also buying bitcoin now so that they can benefit from the free coins that is going to come out of the splitting. |
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ChainSmoker
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October 14, 2017, 12:38:06 PM |
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No 7K price before BGold hard fork is not possible.If BGold hard fork is on 25th oct.i don't think we will see bitcoin hit 7K$ by that time.Yes we can hit above 6K by that time but 7K is too far and if it reaches there then it will be for a very short time.7K$ price is unstable right now for bitcoin IMHO. |
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J. Cooper
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Alea iacta est
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October 14, 2017, 12:50:03 PM |
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It's possible we can go to *insert random price here*, but will we go there? Nobody knows...
Of course, anyone can say any kind of price but no one really knows if we will hit that price before a certain date. But that is exactly what the speculation sub-forum is for. To speculate on potential price points and developments in the community and network. Also if you're speculating on prices please give a proper reason why you think we would hit that price before the fork. By doing so you're contributing a somewhat useful opinion. |
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Lancusters
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October 14, 2017, 12:55:35 PM |
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It's possible we can go to *insert random price here*, but will we go there? Nobody knows...
Of course, anyone can say any kind of price but no one really knows if we will hit that price before a certain date. But that is exactly what the speculation sub-forum is for. To speculate on potential price points and developments in the community and network. Also if you're speculating on prices please give a proper reason why you think we would hit that price before the fork. By doing so you're contributing a somewhat useful opinion. You are right that nobody can say with certainty how much it will cost bitin to the fork. But the fact that the price will rise I have no doubt. Everybody's going to hold the bitcoin and it will raise the price of coins. A lot of people want to make money on the pump and will sell altcoins to buy bitcoins. This will provoke the fall of prices in the market altcoins. In such a situation it is important not to miss the moment to sell bitcoins and buy altcoins. |
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bitcoin31
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October 14, 2017, 01:18:50 PM |
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As of now the price of bitcin is 5700 plud dollars and for sure it will continue to increase in the next few days. I think its possible reach 7k dollars before hardfork but, bitcoin needs to reach 6k dollars so they can reach 7k dollars . Everything is possible to bitcoin and i hope the price of bitcoin will continue to increase so we can make a lot of profit in the future. More bitcoin more money.
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