sydcrypt (OP)
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October 19, 2017, 07:59:06 AM |
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As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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CodyAlfaridzi
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October 19, 2017, 08:47:56 AM |
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It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement. Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible
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stunvn
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October 19, 2017, 08:51:31 AM |
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Depends.
If they see 1 big red candle. Everyone will panic sell their coins after the BTG fork.
You know what? I don't really care about BTG. It will die.
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salihno71
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October 19, 2017, 08:58:06 AM |
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As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?
Look at how did Bitcoin Cash fork go. My guess is this will be similar. BCG will probably have some huge swings up and down before finally stabilizing at some value. BTC will maybe jump a bit but real increase in value will probably happen after SegWit2x fork ends in November.
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ZaraArun
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October 19, 2017, 09:02:07 AM |
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I think so too .. that it will go down by ~$500-$800 and then stabilize for a short while before it starts climbing again.. only time can tell
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ethereumhunter
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October 19, 2017, 09:03:29 AM |
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we have seen the big red candle yesterday which the price is down too deep but the price finally increase now and reach $56xx and i think it will be second to down again in next week. its just only my prediction and i know i can could be wrong and its better to waiting for what will happen later. i think in few days later, the price is going to be up and down many times so don't be afraid.
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sydcrypt (OP)
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October 21, 2017, 06:21:55 AM |
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With BTC crossing the $6000 barrier, looks promising at the moment. Yet unpredictable what course this might take after the fork. For now, it does appear a good time to spare some $$ buy up alt coins while the prices are low, while the majority will still be in BTC.
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dusty rhodes
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October 21, 2017, 06:22:53 AM |
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personally i feel it will be a buyable dip on the way to 10,000$
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tora
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October 21, 2017, 06:27:24 AM |
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Buyers have been buying for the fork. Some will sell and return to altcoins. Dip,if any,will be temporary. Bitcoin will continue to rise year on year.
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Manutax
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October 21, 2017, 06:30:28 AM |
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To be honest, I think all these issue with forks isn’t becoming a huge distractions. People can just go and create their own cryptos and build it up instead of continually diving bitcoin and creating money with huge value for themselves. It’s stealing.
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miyaka26
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October 21, 2017, 06:35:02 AM |
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Some of them are just riding the BTG vibe profit as they can gain bitcoin gold after the hard fork eventually, it will have a decrease due to the people who are starting to move and trade again to the other altcoins. For now the people store their bitcoins untouchable until all is clear will be declared after the fork, bitcoin will go to $7000 next year so better hold some of your bitcoins.
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rumexx
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October 21, 2017, 06:39:51 AM |
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BTC will breath to watch the effect of Oct 25Th and after wards move northward. As at 20th Oct 2017 BTC surged past $5K and hits $6k. I am seeing $10K mark before the fall of the year.
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xenxen
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October 21, 2017, 06:40:59 AM |
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i think after the hardfork btc is going down. like bitcoin cash before.. some btc holder for now is waiting for the maximum price because they know after the hardfork btc is going down..many btc holder sell there bitcoin and back to altcoin so the result is btc is going dump..and this is the time of people who wait for the low price to buy...
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maokoto
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October 21, 2017, 06:42:29 AM |
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Yes, it will likely go down. The price we are seeing for BTC now is the price of two coins inside one (BTC and BTG).
What will likely happen is that part of the value will go probably to BTG at the beginning, then, as people sell BTG, will have more BTC but less $ value for each, the total value remaining more or less the same.
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StreakW
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#SWGT PRE-SALE IS LIVE
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October 21, 2017, 06:44:28 AM |
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i think yes, bitcoin price will fall after fork than raise up again surely
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hessanseen
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October 21, 2017, 06:46:26 AM |
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I wonder if we should sell our bitcoin at this time. Hard forks are good news. But it feels too fast. I'm going to sell some bitcoins. That's a strange idea. I always thought the dollar was the safest. What do you think?
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saira0j
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October 21, 2017, 06:51:18 AM |
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Hi, I think There would be the demand of Bitcoin before the October 25th Fork, so people could get free Bitcoin Gold.The fork could cause fall in Bitcoin Price but I don’t expect the October 25th fork to substantially reduce the price of Bitcoin.
Please contact us in our telegram handle @BoonTech if you are interested to handle our bitcointalk announcement page
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culuuton
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October 21, 2017, 06:59:47 AM |
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My opinion BTC price will go up after the 25th Oct fork because the media are able to continually report on bitcoin during a hard fork, and over a period of time after split. More persons will know and want to buy bitcoin and invest after Oct.
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dothebeats
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Cashback 15%
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October 21, 2017, 07:38:10 AM |
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The last fork Bitcoin Cash ended up with a decent push to $4500 after the rumors. The alt was pushed upwards heavily and reached over $600 on its first week. Afterwards, the price slowly decreased as the price of bitcoin slowly climbs upward. My opinion is that these forks are only being milked for profits and afterwards all the money that went to it would slowly be transferred over to bitcoin. See the graphs, it don't lie.
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AmeSakibimasu
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October 21, 2017, 07:45:15 AM |
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As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?
We are not sure what is going to happen on bitcoin's price when after the incoming fork this October 25, but all I know is whatever is going to happen, we don't have to sell our bitcoin, we just have to hold it until it reach the prediction price this year which is $10000 I think per bitcoin, and we are going to lose a huge profits if we are going to do panic selling in case that bitcoin's price is going to DUMP again.
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