BTC Price Pumps and Forks

[yasher]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

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[audaciousbeing]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and  I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.

[Dailyroberts]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

There is no way to figure out how many more forks are on the way for the next years. Some rich people can decide a fork and they rent some developers to make this fork happen. This can be within a month or so.

We observed one on august, and the next one is on this month. Maybe several for the november and december, who knows.

[HeRetiK]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

It's kinda funny how everyone expected a reverse network-effect to occur due to the BCH hardfork. I guess pretty much all of us expected the combined value of BCH + BTC to be smaller than prefork-BTC's. What we got was a BCH airdrop and BTC came out stronger, for lack of getting killed.

So yes, I guess many expect the same to occur with Bitcoin Gold and B2X, which arguably leads to the price surge we are seeing right now. Well, I guess mainly due to B2X. Bitcoin Gold doesn't seem to be taken all that serious right now. Which also leads me to believe that possible future hardforks won't have much of an impact -- unless they are based on community consensus (or lack thereof) and central discussion points, as was the case with BCH and is the case with B2X.

[GreatOrchid]

Yes, altcoin market is so weird right now, most of my altcoins are in big red numbers, golem is more than -%20 since a few days. And it has been rising from $0,40 to $0,19 (atm price)
It is kinda scaring me, i dont know why altcoins are dropping that much, but it looks like if everyone is moving their funds to bitcoin, i think this is makes a lot of sense, because a new fork is comming, so probably it is really happening.

[Hamphser]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and  I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.

We cant say that it is unconnected on bitcoin itself because i do believe this fork things do really trigger or influence on its development and also to its price. I do have the same point too which i do see everytime theres a fork we do reach up new ATH and now we did already witness 1x fork and now theres another 2 possible upcoming forks which we do see the effects on bitcoins price in breaking up its previous ath and now we are now even reaching 6k which i do presume that it has really an influence on the price and talking on how many possible forks to happen then no one can tell you out.

[BossMacko]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The Fork happens because of the war right now that is happening within the Bitcoin, i am hoping that this will be the last fork that can happen because i think with an absurd price of Bitcoin though it is a good thing for user who have Bitcoin but it will be hard for beginners to get a hold of a coin if the price is too much and price always pumps because of the fork.

[Youghoor]

The price is only going to increase in the next days, and this is happening because of the upcoming fork, a lot of people are buying bitcoins only to be prepared for the fork, and that is exactly what i am doing too.
So dont be scared about it, it will probably go up a lot more before the day of the fork, so you have so many days to make profit.
But i will hold my bitcoins ultil i receive my free bitcoin goldies 

[Dobmader]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

As all of us know that the value of the bitcoin is now very high, all the people are investing in the bitcoin and having the bright future with eh bitcoin so it’s good to use the bitcoin and hold your bitcoin for the time when the value of the bitcoin will be more than double. The importance of the bitcoin is the thing that we all know its importance and the value so hold your bitcoin and wait till the price will give you the output and the rumors will be quite.

[Yuhee]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The Fork happens because of the war right now that is happening within the Bitcoin, i am hoping that this will be the last fork that can happen because i think with an absurd price of Bitcoin though it is a good thing for user who have Bitcoin but it will be hard for beginners to get a hold of a coin if the price is too much and price always pumps because of the fork.

Well as lowly traders we may say that we are not really affected by this fork but as a miner it is a good oppurunity to make easy mining with bitcoin. Hard forks is just to recognize old blocks from the network and if you are a miner, it is not just a new coin will be mined but also new apps will be made easy for the hardfork.

[Gozie51]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and  I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.

You have made a simple and better explanation of why the bitcoin price is soaring.

Expectations and speculations are key to driving a commodity or product either high or low and in this light , the incoming fork is responsible for this.

Equally, yes in economics, once a product is being requested for in high proportion, this will lead to an increase on the value of the product. So, many people are expecting the fork and thus, converting whatever cryptos they have to bitcoin so as to benefit maximally which is making the sale of bitcoin at this moment difficult. This is likely to continue till the fork comes.

[Pursuer]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

the upcoming forks are
** the Bitcoin Gold fork
which most people don't even know about to want to do anything about it. but there has been some small effects on the price. obviously some people know and buy because of it but I'd say it is about 10% of the reason why the current rise happened.

** the SegWit2x fork
that one actually is not going to be happy rise at all. I even expect fall because of it but it has not yet started because there is some time left before people start spreading their FUD about it. let 10 more days come and go and I am sure the FUD campaign will start all over the media and price can fall because of it.

[Symphony_fr]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The price always depends on the plug, and we saw perfectly that if there is any world event, then there is a plug, everything is interconnected. For beginners, the price of bitcoin is now too high to invest, but more and more people are interested. And so this is not the price, this insanity drives out all competitors.

[Mpamaegbu]

History and experience are the best of teachers. The result of the BCH birth from the August fork actually benefited the people as bonuses were handed over in form of the new coin. Hence, it is the reason many are still hoarding and pilling more Bitcoin without fear of any dump. If the past fork experience had been negative, Bitcoin would've seen an unparalleled dump this period.

[TheCoinFinder]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

Yeah, i think the sudden overwhelming demand of bitcoin occured due to upcoming possiblity of bitcoin gold fork.
People are engaged in pursuit of more and more btc, hence traders predict its position will be at peak.
I am in hope of its continueous increase after fork so that we can take sufficient profits from it.

[edynolan]

we just wait and do not know for sure when hadr fork will happen again but this makes us feel happy and disappointed where prices soared but altcoin decreased. the price difference will be felt when through 25 october

[13abyknight]

More of a situation where everyone wants to stock up BTC just before the fork and as a result of this the demand is seemingly high which in turn makes the price keep going upwards. With Bitcoin Gold ans SegWit2x around the corner, expect the price is go above $6k just by the buy-ins for the pre-forks. Other than the forks, China's influence over Bitcoin trade and its price is almost eradicated and Bitcoin is still holdings its own, which is a big indicator that manipulation by countries can never cause the demise of cryptocurrencies.

[Lampaster]

I do not believe that bitcoin is the gold price will have. We have all seen that bitcoin cash shows no signs of life. Why should men of the same coin? Just because you give it for free? Maybe it's a new tactic? Before to sell a large number of bitcoins announce a fork and arrange the pump. Spend a few cents on a gift coin and earn $ 1,000 for each bitcoin.

[kingvirtus09]

it really makes sense here, their will be free money and expect bitcoin to increase and it will reach all time high. sad to say all alts are on bleed. i hope all alts will pump very soon. i dont want to see my portfolio its so bad right now

[hatshepsut93]

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

This sounds like a conspiracy theory and if you'll think more about it it won't sound very plausible. First, you can't just create value out of thin air, making a fork is extremely easy, it's just a copypaste job with a few small tweaks - any programmer can do it. This means that the starting value of a forked coin is near-zero - to start creating value you first need to invest money into advertising - hire paid shills to promote your fork on social media, place some articles, twitter bots, etc. etc. Then you have to spend your BTC on pumping your fork on exchanges - otherwise it will get dumped to zero quickly. Also don't forget that there are many other people who hold BTC and can profit from selling both BTC and forks from your pump attempts. So, it's quite a risky business with not really high returns.