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Author Topic: BTC price will go down?  (Read 2579 times)
cryptokitty
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October 13, 2017, 09:37:53 PM
 #21

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

I will just go with the flow first. Trading is so unpredictable, really hard to expect too much. Sometimes, my assumptions didn't match with the happenings in the crypto kingdom.
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October 13, 2017, 09:46:30 PM
 #22

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?
I have the same opinion on the whole thing.
Price has been abnormally pumped, probably because everyone want's some btc gold to make extra money and I think it will go down after fork. To be honest I don't like this splitting and creating new altcoins, it can have very bad impact on bitcoin itself.
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October 13, 2017, 09:49:08 PM
 #23

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

I think the panic buying will continue until the last day before the fork.  I agree, people are buying Bitcoin because of the hype of receiving bitcoin gold which means extra earning for them.  I think after the fork, bitcoin will have a small dip before sewit2x hype kicks in.  It needs time to sink in the mind of people before it affect the market.
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October 13, 2017, 09:51:58 PM
 #24

This rise in price is because of the fork coming soon which will give kind of free money in the form of bitcoins gold so many people had invested in them to earn profits.But after the fork bitcoins prices is most likely to fall because of bitcoins gold as some people would shift there so drop can happen.But again trading can be so unpredictable that anything can happen we can't be sure of anything but it would sure will have some bad impact on bitcoins I think.
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October 13, 2017, 10:19:40 PM
 #25

Yes.
I think it will go down after the fork in October 25.
Because people are buying for only free bitcoin gold.
After then panic will start and
We could see big dip as like 2013.
It's only personal perception.
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October 13, 2017, 10:28:46 PM
 #26

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?
It might be a good time, why don't you try out your theory and get back to us as to whether or not it was a good idea? You never know when the value of Bitcoin is going to go down, save some events where dramatic news from somewhere around the world changes the entire dynamics of it all. Buying into altcoins in preparation for the fork might be good since you can get them at a cheaper BTC value and then trade them back in later, assuming that you buy the alts at the peak in Bitcoin's rise in value. I would say that might be a wise investment strategy, provided that you play the market well.
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October 13, 2017, 11:38:40 PM
 #27

We must have accept the reality that everything will change, just like bitcoin. We experience a big increase of bitcoin price but we also expect that after this peak it would have a possibilities that it will dump. Is just normal to happen and we have experience it before.
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October 13, 2017, 11:45:39 PM
 #28

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

may be its true, maybe its not. but i think that this bitcoin will pump until before the hard fork on november because the demand of the bitcoin to get bitcoin holder of some BTC gold by having more/alot bitcoin on their wallets. so i think the dump/price decrease of this bitcoin is after the fork.
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October 13, 2017, 11:47:33 PM
 #29

If you have been holding bitcoins since the price was much lower, than you are in a good situation.  I wouldn't recommend buying new bitcoins just to receive bitcoin gold.  I don't even think bitcoin gold will be worth that much and their is a good chance that bitcoin prices can drop well below what you've paid for.  There are many people shorting bitcoin around these prices.  
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October 13, 2017, 11:50:58 PM
 #30

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

I don't know about free BTG and you should know BTG hard fork will be launched on October 25 and it's different with segwit2x hard fork on November 18 (https://bashco.github.io/2x_Countdown/).
About free air drop from BTG or it will be an ICO?
Some of the information found on the original Bitcoin Gold website hinted at a possible ICO for this project. A pre-mine and crowdsale were part of the initial fundraising idea back in July of this year. However, the community has grown a lot, which eventually forced the developers to push back the hard fork date and cancel their ICO plans altogether.  That is a good decision, mind you, as the project would have faced a lot of backlash otherwise. https://themerkle.com/4-misconceptions-cleared-up-by-the-bitcoin-gold-team/
If altcoins price keep declining, yes, a good time to purchase some potential coins, I've bought 2 ETH as well.
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October 13, 2017, 11:57:48 PM
 #31

If a man was planning on buying a bitcoin, should I buy before or after the fork? 5.6k currently  Huh
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October 14, 2017, 12:14:01 AM
 #32

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

Shouldn't be Bitcoin Gold be implemented in Oct. 25? Seems you are confusing with with the November Segwit2x.

It might be case though that investors are pumping bitcoin to get "free money'" which is Bitcoin Gold(BTG), we can't deny that fact. If you believed that the price should go down, then it can happen or not. We can speculate today but it might not happen on the actual. There's no good time to buy, if you have the funds ready and believed that the coins will take off then go get it. Personally, I would stay with bitcoin, because there is so much to gain, unlike in altcoin wherein there's a lot of pump and dump group doing their thing. If you are trapped, chances are you are going to lose and wait for several months just to recover your losses.


The price will most likely go down after the bitcoin gold fork but should stabilize at over $5,000 soon after. There is no doubt many are currently pumping/buying bitcoins as they would get free btg with this new fork.

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October 14, 2017, 06:50:36 PM
 #33

There is another coming change (segwit2x) in November. If successful it should give more confidence to bitcoin investors and the price will go up. So it depends on weight and combination of these 2 factors. I expect short and small correction but in the long run it will go up anyway.
can you expline a little bit more? what is that change? is that regarding  BTC GOLD? or something different?
Hope you are aware of the fork coming up, Bitcoin Gold is a normal fork and sure it is an easy way to multiply your asset without much sweat,but the major one i am looking forward is the segwit 2x fork that is to happen in November and there will be a power struggle after that and i am curious to know how things will go after that. People are buying bitcoin at the moment to take advantage of the free money but there is risk involved too as the price could crash after the fork.
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October 14, 2017, 07:00:27 PM
 #34

The price will go down again, that is for sure, it's just hard to tell when exactly and how much. Some say we can expect next dump after the fork in November but to my opinion even if that happenes it will not be that big. Current pump is prety strong and before next dump we could easily reach 6000$.

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October 14, 2017, 07:29:12 PM
 #35

The price will go down again, that is for sure, it's just hard to tell when exactly and how much. Some say we can expect next dump after the fork in November but to my opinion even if that happenes it will not be that big. Current pump is prety strong and before next dump we could easily reach 6000$.

We have almost reached this price. But in my opinion there will be no collapse yet. Bitcoin shows strong growth impulses and easily overcomes resistance lines. I believe that before the fall the price will still reach 7000 dollars

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October 14, 2017, 07:42:19 PM
 #36

There is another coming change (segwit2x) in November. If successful it should give more confidence to bitcoin investors and the price will go up. So it depends on weight and combination of these 2 factors. I expect short and small correction but in the long run it will go up anyway.
can you expline a little bit more? what is that change? is that regarding  BTC GOLD? or something different?
Hope you are aware of the fork coming up, Bitcoin Gold is a normal fork and sure it is an easy way to multiply your asset without much sweat,but the major one i am looking forward is the segwit 2x fork that is to happen in November and there will be a power struggle after that and i am curious to know how things will go after that. People are buying bitcoin at the moment to take advantage of the free money but there is risk involved too as the price could crash after the fork.
We can already anticipate that thing to happen and same as yours im little bit worried on the segwit2x fork on this upcoming november compared on the approaching bitcoin gold. Decreasing on its price and possible dip will possibly happen specially when those people would really sell out their bitcoins because it is already being pumped up.

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October 14, 2017, 07:42:46 PM
 #37

As of now the price of bitcoin is very high and its already 5700 dollars and continue to increase . And if you have a lot of bitcoin for sure you will earn a lot of profit in the future if you hold that. Yes they have possible the price of bitcoin decrease in the next fork in the month of november but  if you see the fork last july the price during fork is stable and I hope it will happen this fork and after the fork we see the price increase more.
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October 14, 2017, 08:31:45 PM
 #38

As of now the price of bitcoin is very high and its already 5700 dollars and continue to increase . And if you have a lot of bitcoin for sure you will earn a lot of profit in the future if you hold that. Yes they have possible the price of bitcoin decrease in the next fork in the month of november but  if you see the fork last july the price during fork is stable and I hope it will happen this fork and after the fork we see the price increase more.

Bitcoin dip will surely happen, whenever we came to see a significant rise, we have usually seen a dip even a slight dip in its value, because the newbies will sell them. And the upcoming fork will surely make them sell for sure and we will see a fall in value. But hope it will turn like the previous fork, which made Bitcoin even more stronger.

We might see a small dip this time due to fork as many have learned from the previous fork and so this time mostly the newbies and old users with no knowledge will probably sell.
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October 14, 2017, 08:42:16 PM
 #39

As of now the price of bitcoin is very high and its already 5700 dollars and continue to increase . And if you have a lot of bitcoin for sure you will earn a lot of profit in the future if you hold that. Yes they have possible the price of bitcoin decrease in the next fork in the month of november but  if you see the fork last july the price during fork is stable and I hope it will happen this fork and after the fork we see the price increase more.

Bitcoin dip will surely happen, whenever we came to see a significant rise, we have usually seen a dip even a slight dip in its value, because the newbies will sell them. And the upcoming fork will surely make them sell for sure and we will see a fall in value. But hope it will turn like the previous fork, which made Bitcoin even more stronger.

We might see a small dip this time due to fork as many have learned from the previous fork and so this time mostly the newbies and old users with no knowledge will probably sell.

   Dip was weeks ago on $3000, as I understand from reading here that price drop was cause
of Chinese manipulations with news about exchange sites, and some of articles from JP Morgan
board of directors. That is behind bitcoin now and price is making new records now, I do not see
any reason for new price drop.
   Many people said that bitcoin will cost around $10000 around new year. Price is going up and
now their prediction is more possible then ever. If price continue to rise like this in next 2 and a
half months price will reach $10k.
   We will see more price drops and dips, but next price dip will be higher than it was before. On
long term bitcoin is always making progress, and we should not doubt in bitcoin future.



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October 14, 2017, 08:53:33 PM
 #40

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

It's the purpose why many are buying today and together with that hype for the next hard fork too which is Segwit2x. I'm expecting the price to go down but that will be a little of movement. I don't expect that there will be a big cut for the price right now just like what happened that bitcoin's price was fall down up to $3,000. We are now at new ATH and for sure we are now going to reach $6,000 and as everyone is speculating with $10,000.

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