gabmen
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October 15, 2017, 11:54:40 AM |
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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.
Well bitcoin isn't really for short term trading in the first place. If you're dealing with btc, expect long term hold but secure profits if you have the patience. Dealing with altcoins would be your best shot if you're day trading
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trecore4
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October 15, 2017, 01:46:05 PM |
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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 number of forks can't be decided like this or in the number that's limited. It's on going development to blockchain which decides the ultimate fate of the bitcoin forks. The price is obviously deoendent on it for the reason which people get panicked during the fork implementation. This time people are in the want of free bitcoin gold and that's why everyone is trying to put the money into bitcoin and the rates are so high now. There will be time when few of the investors from big group will be dumping coin out of fear which will then share the prices to downward movement. It's a game we should learn to play.
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yasher (OP)
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October 15, 2017, 02:36:19 PM Last edit: October 15, 2017, 03:32:12 PM by yasher |
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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. Exactly, after the fork will the price of btc still increase? Maybe yes, but how much and until when? If the price after the fork plummets or become stagnant will we expect another fork by the next month? Will it be a trend so people will hoard as much bitcoin as possible.
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thisappointed
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October 15, 2017, 03:22:04 PM |
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I also believe that the price pumps of bitcoin is because of the forks because they know that they need to put some money in order to gain profit from holding bitcoin for long term and they can also get free money because if they will hold bitcoin in a valid wallet then they can get bitcoin gold or the forked coin and that is how they make free money.
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Idrisu
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October 15, 2017, 03:38:05 PM |
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Hardfork is changing some bitcoin mining's laws and fee that makes bitcoin better/ bad in operation. If the forKS disagree, it will be bad for bitcoin and if they agreed based on some term then bitcoin will get pump. Like what happened in August this year when we have hardfork, bitcoin get pump because sigwit was activated after this a great agreement to change mining's laws. When should not pray for regular hardfork as op suggested because the more negativeserious one we have the more bitcoin get dump. We cannot continue have positive one.For bitcoin to go mainstream we most work for its price stability and reliability. Many big investors will like to invest in bitcoin but are afraid of the way price fluctuate.
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Ewox
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October 15, 2017, 03:58:07 PM |
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I'm not sure if there will be another fork but I do know there was a runored fork on November. And yeah everytime there is a fork, BTC's price pumps a few weeks before the fork making altcoins turn red then afterwhich it'll dump around the fork time or after.
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meanwords
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October 15, 2017, 04:05:19 PM |
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Because of the upcoming forks, most altcoins will be seeing red this days. But we just have to be patient brothers. Once traders dump their forks, alts price will jump up again.
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GoodLuck2
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October 15, 2017, 08:14:11 PM |
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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. Exactly, after the fork will the price of btc still increase? Maybe yes, but how much and until when? If the price after the fork plummets or become stagnant will we expect another fork by the next month? Will it be a trend so people will hoard as much bitcoin as possible. This is the sure thing that after every dump there is a pump that takes prices to the extreme level and example is here china decision created a fork and prices go down to the 3000$ and now pump occurs due to user demand increase and price are at 5000$ and still counting on and this path will lead more toward the more high prices.
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amaral1977
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October 15, 2017, 08:22:28 PM |
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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.
What would be normal was to dump the "old" fork when this is done to get better new technology. What we are seeing with BTC is the creation of forks with nothing new to add besids more volatility and crazyness to this market. People are enjoying all the "free" money, just hope it won´t backlash and really damage BTC.
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Paecga129
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October 15, 2017, 08:32:17 PM |
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All of this action is good for the Bitcoin network. If it's an attack like a fork then that'll just strengthen the Bitcoin network in the end, it won't actually have any real long term damage to the network.
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Lanatsa
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October 15, 2017, 08:45:49 PM |
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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.
What would be normal was to dump the "old" fork when this is done to get better new technology. What we are seeing with BTC is the creation of forks with nothing new to add besids more volatility and crazyness to this market. People are enjoying all the "free" money, just hope it won´t backlash and really damage BTC. I cant really see any changes on these Fork thing which bitcoin does still remain regarding on confirmation or fees matter which i do question whats actually the purpose on those things and same as you said those things are just really adding up the hype to make bitcoin and altcoins price do zig-zag. If you do short trading then for sure you would earn money if you did ride on the right time.
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palle11
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October 15, 2017, 09:06:49 PM |
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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 seems as if the fork is going to be with bitcoin because we just had one in August. The fork even makes bitcoin more popular, maybe it is what it is made for. It hypes bitcoin and we are seeing the increase tremendously. Well lets wait and see.
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uszaty43
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October 15, 2017, 10:46:31 PM |
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I only care about seeing bitcoin going up, at the moment i am not holding any altcoin, only bitcoin, but maybe i will buy some altcoins in the near future. but i am waiting until bitcoin reaches a fair price so i can sell my coins, but i am being very worried about this situation, i think that the price will drop a lot after that the fork is done, and this is caused because of the fork, it is obviously that everybody is buying bitcoin only to receive bitcoingold at the end of the month, and this is why the price is going up so quickly-
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Pab
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October 15, 2017, 10:53:17 PM |
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Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
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BitHodler
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October 15, 2017, 11:26:04 PM |
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Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
It only makes sense for the market to correct after the gold fork, if the recent all time high is the result of people anticipating on this 'airdrop' by buying Bitcoin ~ that's something I don't think is happening right now. SegWit2x poses an actual threat, and for that reason might end up taking the market down prior to the fork date, and even afterwards if everything turns out to be a complete chaos. For now, I see the SegWit2x fork as the last major obstacle for Bitcoin to overcome. I seriously hope that the closer we come to the fork date, the more miners will end up withdrawing themselves from their initial agreement.
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BSV is not the real Bcash. Bcash is the real Bcash.
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LuanX3
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October 15, 2017, 11:30:59 PM |
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Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
It only makes sense for the market to correct after the gold fork, if the recent all time high is the result of people anticipating on this 'airdrop' by buying Bitcoin ~ that's something I don't think is happening right now. SegWit2x poses an actual threat, and for that reason might end up taking the market down prior to the fork date, and even afterwards if everything turns out to be a complete chaos. For now, I see the SegWit2x fork as the last major obstacle for Bitcoin to overcome. I seriously hope that the closer we come to the fork date, the more miners will end up withdrawing themselves from their initial agreement. Yeah, prices will surely go down a few days before the segwit2x happens. This is really the trend with bitcoins, it usually drops before something speculatively bad happens like back when the fork for BCH and segwit was a looming mystery. I don't think this situation will be any better. The best course of action is sell when it's high then buy back when it goes down.
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tabas
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October 15, 2017, 11:42:25 PM |
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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.
You're right it's because of the upcoming fork and that's the reason why there are so many traders that are cutting some of their alt coins and selling it because of the 2 hard forks to come. The price of bitcoin is pumping because everyone is buying bitcoin so that makes the demand of bitcoin higher that is making the price of it reached another all time high.
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Kevondo
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October 16, 2017, 05:04:41 PM |
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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
Yeah you are right the bitcoin is not able to predict and the value of bitcoin is increasing time to time. If we will invest the low income in the bitcoin and then we sell our bitcoin then we will not be able to take the proper benefit of the bitcoin, the voice of the people is to have the money to wait till the value of the bitcoin will be more than this. The panic selling the foolish decision ever so I think it is very good to hold and be patient for the long time.
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geyayy
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October 16, 2017, 09:09:18 PM |
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We cannot predict what will just happen in the future. As for bitcoin is still unstable, I think that is the reason why forks are being held. But that is just only my opinion. And I have observed that bitcoin's price is having an upward trend, while alts are still not moving.
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batang_bitcoin
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October 16, 2017, 09:21:56 PM |
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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.
For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.
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Rent this sig space so that BTC goes to $100k.
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