Will the BTC price go up or down after the 25th Oct fork?

[severaldetails]

October 25th, that is the bitcoin gold fork as far as I can remember.
I really doubt that has any influence on bitcoin price.

The 2x fork in November in the other hand, that is another story.
Predictions say that over 80% of the miners still support the new coin.
I do not know what a bitcoin will be worth if it has only 20% of the hashing power it has today.

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[crazyjack]

I guess we all kinda predict after the fork, BTC will drop for a little bit, but not significant and after a while will starting to pick it up again.

I feel the same way, it just strange how our behavior is so predicted, some could make a profit from that.

You know what they say, if you want to stand out, dont follow the crowd.

[noel2123]

Actually I expect bitcoin value to go down after the bitcoin gold fork just like what happened on the bitcoin cash, It was actually a good opprunity to buy more bitcoins so for now I am selling some of my bitcoins and when the price drop came I will buy more bitcoins .

[Sensill]

new fork pumped price so if any thing go wrong price will down a lot . till that happen enjoy rise

[ipanks]

i think after the fork, the price is getting down for a while like usual and we have seen this before. so i think it will be our best time to buy bitcoin again like every one said because the price is lower than today. we still have few days to expecting the highest price of bitcoin and although we don't know what will happen with the fork, we can hope that the bitcoin price will be increase more after we buy at lower price.

[holdingkrypto]

It's hard to say because now is behaving diferently from the previous fork. With bch fork it was dumped before and pumped after. Now is being pumped so I really have no clue.

[Seansky]

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?

Btc price would most likely go dump as soon as BTG is distributed after all, many people have he added btc up to this day just for the upcoming fork to get free money. The wisest move probably is to sell btc as soon as BTG has been distributed because probably others will do the same and it is better to sell earlier than those big whales holding a lot of btc. Time will present another opportunity to buy cheap bitcoin a day or two after fork.

[cryptito]

I expect altcoin party after the fork. And arround 2018 new fresh money will come. The market will dance as never before

[Garld1936]

till now new fork will effect of bitcoin at short range but for long one price will up

[South Park]

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?

Keep your bitcoin, it is very obvious to me that is going to go up since people are going to dump their bitcoin gold as fast as they can then that will increase demand and the price is going to go up at least a few hundred dollars, after that you can sell if you want.

[J. Cooper]

I actually don't think bitcoin will drop after the bitcoin gold fork. I think it will keep rallying to the upside perhaps even hitting a high of $7000+ until the segwit 2x fork happens.
Things could become messy and that combined with the big price surge could result in a major correction.

[Sir Cross]

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.

I’ve been having the same thoughts. It’s possible that this fotk will have the same results as the BitcoinCash fork had. Just as what happened in that fork, most of the solid Bitcoin supporters has decided to sell theirBitcoinCash the moment they got it. This may also happen with BitcoinGold because most still highly support BTC and just want to get free money from the alt. As for the price, I’m sure it will experience a steady increase after the fork.

[stergium]

Actually I expect bitcoin value to go down after the bitcoin gold fork just like what happened on the bitcoin cash, It was actually a good opprunity to buy more bitcoins so for now I am selling some of my bitcoins and when the price drop came I will buy more bitcoins .

in fact at that stage we can expect a little correction. 6000$ is a huge increase in the price of bitcoin and therefore it is expected that the price of bitcoin will take a little correction and therefore we can expect a little decrease in the price of bitcoin. i think we need to stay for that time and when get the opportunity should invest money there.

[Kloug]

Here's my view on this:

I can only imagine the BTC going down immediately, by how much I of course don't know, but we pretty much all expect it.
It's not so much panic (alone, but that will certainly add to it) that will make it go down, but simply a strategy. It will initially dip because some have already predicted it will, and thus will sell asap.

People seem to be heavily betting on this, and it can be done in 2 ways:

1. get four free BTG, sell it, free money. But of course it's naive. If the BTG's value is less than how much the BTC will go down, you lost (whether you just bought your BTC just for that or not).

2. sell your BTC now while the price is artificially up (and it is, since all other coins went down, so that's the only reason BTC went up), which is what I did. Then once the BTC has dipped, buy it again (predicting the bottom of the dip being another story of course).


Which one is gonna be the best bet? Who really knows.. Both ways look as valid to me. What's sure is that any money you don't make from a BTC dip, it's money you lose just like money you lose by not getting "free" BTG.
In any case, "I'll just sell my free BTG at a high price (yeah..) and sell my BTC right before the dip" or "I'll sell my free BTG and expect my BTC to keep going up", I think that's rather naive. Yeah perhaps a few happy ones will get their BTG early & will be able to react quickly enough.

Perhaps the BTC won't dip and the BTG will have no value. Perhaps it will dip and the BTG's value will cover that, or won't. Perhaps BTC won't dip and BTG will have a high value - I doubt it but that's the bet.

Oh and yeah, it's lucky/unlucky that this is happening right at the cross of a $6000 round number (and that it also coincides with a 5000eur-ish key mark). That's what makes the origin of the fluctuation uncertain. BUT also consider that the volume is still mostly JPY, so it's not THAT relevant to cross round numbers in USD.
(& yeah I don't wanna sound pessimistic, because BTC looks solid, but do keep in mind that the value of your BTC is heaving relying on that one country: Japan. If Japan alone decided, your bitcoin's value would drop to zero)

[ivrynx]

As we can see the price of bitcoin is going at an all time high days before bitcoin gold, many are buying bitcoins in order to have free cash in the form of bitcoin gold, what i think is after the october's fork, bitcoin's price will slightly go down, since most will be doing profit taking, since they will see a very postive gain during thr fork and a few days after the price of bitcoin will go down, i think around 5000 usd to 5500 usd, for the correction, since there is an obvious pump of bitcoin that is going on, however there is still the november's fork, it is also possible, that there will just be a slight dump after bitcoin gold, and people might wanted to hit two bird's with one stone here and the correction might happen after novembef's fork, but one thing is for sure, there will be profit taking after bitcoin gold and there will be a drop of price because of it.

[sayulita]

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 should atleast hold bitcoin for a few more days after the fork so that it would be clear that bitcoin would go up or down.

[ultrloa]

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 should atleast hold bitcoin for a few more days after the fork so that it would be clear that bitcoin would go up or down.

That would be the best thing for you to do but there's some point that came out to my mind since I think that BTC price will fall a bit since after the holders receive there BTCG share they will dump it and cash it out with fiat so the btc maybe get affected from this doings, but we shouldn't act miserably and we should look for positive times would come so that the pump will came again after the hardfork after effect.

[Rooster101]

Others are holding their breath til the fork is over. Bitcoin Gold might halts the ongoing bicoin price uptrend temporarily but it may eventually recover. If there is enough support for bitcoin then it well might overcome all the forthcoming hardfork/segwit2x that will happen later this year. If the bitcoin price will go down as expected, it's time to buy again and wait for another uptrend.

[carlerha]

Others are holding their breath til the fork is over. Bitcoin Gold might halts the ongoing bicoin price uptrend temporarily but it may eventually recover. If there is enough support for bitcoin then it well might overcome all the forthcoming hardfork/segwit2x that will happen later this year. If the bitcoin price will go down as expected, it's time to buy again and wait for another uptrend.

Yes after hard fork we can expect a little correction after hardfork. but as bitcoin alwasys get a strong support from its users, therefore we can expect that the price of bitcoin will not too much effect by the hard for and there will be a minor and temporary downfall in the price of bitcoin and hopefull very soon it will recover its position again, because bitcoin has a lot of potential and its price will even continue increasing for a long long time.

[ajmapalo22]

I think it's more of the price of bitcoin will probably go down because of these hard fork. Since they will introduce new coins in the market bitcoin price will be affected, but eventhough this can possibly happen I'm still sure that it will recover soon and will give a good pump. I am still positive that bitcoin will continue to appreciate in the coming years.