Will Bitcoin drop back down?

[Crypto-watch-Talk]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

[CryptoMDS]

I bellieve so. A dip it's most certain to happen after 25th Oct.

[Wicked17]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

Yes i think so, the recent high price of bitcoin is because of the upcoming hard fork. Many people are buying bitcoin today to receive the same exact amount of Bitcoin Gold. After fork for sure they will sell bitcoins together with the bitcoin gold they get. Easy money!

[mk4]

I mean, it can definitely go back down, but the drop wouldn't be too dramatic. A price dip would probably best describe it. Probably like $5600 down to something like $4800 or something along those lines. That's like $500-800 down in price, but I think if it were to go down, I'd expect it to go back to a bull run in no time, as I think were not going to see any FUD for a while.

Still hoping for 5 digits price on this December. *fingers crossed*

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

Yes i think so, the recent high price of bitcoin is because of the upcoming hard fork. Many people are buying bitcoin today to receive the same exact amount of Bitcoin Gold. After fork for sure they will sell bitcoins together with the bitcoin gold they get. Easy money!

But what if instead, people sold the bitcoin gold to buy more bitcoin though? 

[namjey]

yes, you are mostly correct. Currently many just buy it for the gold. after 25 many will just sell it and we will see the drop for sure.

[polymerbatt]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

It's depend though, if the result of the fork is become bad, the price of bitcoin will drop back down for sure but if the result is good and nothing happened the price will stable on the current price or even increase again up to $6k-$7k. Normally the price will go down but it will go up again,

[RayvenPierre]

There will be a price dip for sure after the fork has ended because there will be surely people who will sell the forked coin or convert it for bitcoin. But surely the price will increase once again after the price decrease becayse there will be a lot of people who will e stocking on their bitcoin.

[allycn]

Hoping it will dip at least a little bit to invest a bit more on BTC.
Sorry for the silly question, but how do you get Bitcoin gold? Thanks!

[longasleep]

i wont be suprised if it pushes onwards it seems to just eat into altcoins marketshare and become more dominant again.
10k in near future who knows ?   a year ago even a 1000 dollar was a insane thought.

[Crypto-watch-Talk]

Thanks for all the replies guys. Just wanting to know if I had he right idea about all this but glad people agreeing with me. Guess we will find out soon how high it will go and how low it will drop

[jtipt]

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

Not expecting a major dump after the bitcoin gold fork but yes, after the segwit2x fork I am expecting the prices to fall back to around 4.5k. Even if we don't take the forks into consideration, the price will still fall because I don't think the market cap can Handel this much of price just yet.

[Bagaji]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

Well, correction in most cases happen especially when Bitcoin and crypto currency move so for at some point but the expected decline or correction might not be that much. On the issue of the recent increase in the value of Bitcoin which could be attributed to the forthcoming fork which so many people believe that they will get free Bitcoin Gold just the way I earned free Bitcoin Cash after I left my Bitcoin with poloniex exchange during the period of August fork and my Bitcoin was doubled.

[ethereumhunter]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

i think the price will be down when the fork happen but no one will know know how much the drop. but i don't think that the price drop is until 4k because its too far although its possible to be happen. if we have reach $56xx now, i think the price down is at somewhere $4500-$5000 and its too deep if its happen. but i don't want to see the price to go down too deep for that price and i think the situations is like when the bcc is release in few months ago.

[KennyR]

Whether it's stocks, shares or some other form of investment, the value getting lowered and getting pumped in between is quite a common fact. Same is with bitcoin, here fluctuations we're very common and the same has the potential to retain back in value within certain time period which we cannot expect with the other forms of investment. This makes bitcoin to be the best.

[pooya87]

of course it will!
you can't really expect price to always rise, certainly not after a fast and big rise like the recent one. after each rise, at the very least there will be a correction which means price will drop back down a little. sometimes that little turns into a bigger dip, sometimes it is accompanied by other stuff (such as the China ban FUD) that causes a deeper dip!

don't forget we still have the SegWit2x headaches coming on. and that can disturb the market a lot.

It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

there are some facts to it too. obviously there are always people who are going to buy because of the "free money" they are going to get. and bitcoin gold fork is a bullshit fork anyways. so it is obvious that it will be 100% free money without disturbance.

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

depending on how this ongoing rally goes, we can see the $4xxx prices again. but it may require some drama though.

[gilangIDR]

Hey guys,

So thinking about it. It seems like the reason BItcoin is rising so fast is because everyone is putting there money in because of the upcoming "Bitcoin Gold" fork. (That is my opinion not a fact)

So do you think after the fork on the 25th it will start to decrease back to where it usually is let's say around 4K.

Anyone else been thinking this?

Any possibility can indeed happen with bitcoin. The rising bitcoin prices are very high nowadays making the price fluctuations higher. It could be the price of bitcoin down to 4K $ and panic occurs. The thing to note is that we must have the power when the bitcoin price decreases. That is the reason why bitcoin prices can survive strong enough to now.

[Farma]

I do not know, for now the bitcoin price is too high, and go up very quickly, there is a possibility if the price will drop slightly. but, if it really happened, maybe it would be a good time to buy, because bitcoin prices might go back up at a higher price again.

[YuginKadoya]

That is normal to bitcoin and it will tend to go down anytime but I think were gonna have a big dip when we go near the 25 of October when the Hard Fork occur, but I think we can see some resistance involving bitcoin going to the $6000 mark value, and I wish we can just stay in the $5000 value but there's a possibility that we can still the $4000 when the dip occur, expect everything that could happen to bitcoin.

[hunterkrypto]

it will decline within a few days after 25 oct but only a few days will increase again because the rising one is bitcoin gold instead of bitcoin

[ajmapalo22]

Its possible bitcoin is known to have a fluctuating value it can goes up then after few months goes down but worry not because surely because of this pump many people will start investing in bitcoin and surely the demand will increase which make the value of bitcoin also appreciate and increase.