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Author Topic: Where will the money go after the BTC fork???  (Read 1442 times)
zlerp (OP)
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October 23, 2017, 12:14:24 AM
 #1

I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???
JUSTOKGO
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October 23, 2017, 01:40:56 AM
 #2

I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess
zlerp (OP)
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October 23, 2017, 01:45:58 AM
 #3

I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess

So you are going to hold your BTC until after the fork so you do receive BTG?
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October 23, 2017, 01:57:57 AM
 #4

I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess

So you are going to hold your BTC until after the fork so you do receive BTG?
I'm honestly not seeing much profit in BTCG so im not too concerned. but yes definitely holding it while the kinks are worked out with BTG
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October 23, 2017, 01:58:43 AM
 #5

i think ethereum will spike, back to the airdrops!
Overthecounter
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October 23, 2017, 02:16:56 AM
 #6

To answer the question: I think the monies will move to alts; however, I'm not sure if its the right play. I'm moving my money around a bit differently. A larger percentage into fiat, a small infusion into alts (I have already had a 5% of my btc infused a day ago into alts). A larger portion of traders will probably be taking profits soon if not already, some may even wait till after the fork, but before the btg is figured out. Once btg is figured out, many will sell, which will go back to btc (so btc might not have such of a dip if amalgamated with the ones that chose to hodl). I will stop here for now.
Kanapka
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October 23, 2017, 02:21:50 AM
 #7

Everywhere, just like now.

There will be a bitcoin gold pump eventually
itsonlikedonkeykong
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October 23, 2017, 02:31:22 AM
 #8

Seriously. Good question.

I think the spigot of cash is now open wide.
metropolia
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October 23, 2017, 02:46:45 AM
 #9

Everywhere, just like now.

There will be a bitcoin gold pump eventually

No way, there will be bt2, aka bitcoin segwit2x in November, bitcoin gold is so small compared to bt2, so bitcoin forks future will doom like bitcoin cash, is worth 1 eth.
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October 23, 2017, 03:21:47 AM
 #10

I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???


I guess altcoins. After the hard fork altcoins will rise again because altcoins now are almost down and all preparing for their pump. Grin

xaxistech
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October 23, 2017, 03:27:29 AM
 #11

After the BTC fork there will obviously be an increase in a lot of altcoins, we should see some nice raise.

If you guys want to invest in some altcoins , it is the time to do it now since it is still cheap! Wink

Good luck to everyone! :p


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aoihs00
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October 23, 2017, 03:30:28 AM
 #12

I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???


You can bet on ethereum, IOTA, NEO coins and in second priority it could be Monero and ripple. These are the coins which will pump most after the hard fork is happened. These are trusted community coins and everyone knows their money is safe with these coins. I’m pushing hard myself to put my money into ether. I’m not bothering much about the fork and getting the free gold because that’s not my style. However, for most of the users ethereum seems to be more or less safe house. So we can see major pump in to it and could see double prices.
jtipt
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October 23, 2017, 03:35:13 AM
 #13

I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess

So you are going to hold your BTC until after the fork so you do receive BTG?
Isn't that what everyone is planning to do? No matter how much shit the coin is, as long as you are getting it for free who would not take that opportunity.
benthach
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October 23, 2017, 03:49:33 AM
 #14

ark, the only legitimate altcoin king.
don't get mad buy some. lol

reddit btcwriter1 - twitter kingpininvestor
Amalker
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October 23, 2017, 05:57:38 AM
 #15

I think and I hope that's money goes to alts, only in good alts. But this time will happend not earlier December.
subG
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October 23, 2017, 06:03:11 AM
 #16

After the fork, people will be dumping BTG as fast as they can and the sell off of bitcoins will be huge.  Money will flow back into altcoins because they usually produce higher profits than bitcoins, percentage wise.  This cycle has happened over and over many times already.  It won't change this time around. 
giveen
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October 23, 2017, 06:26:35 AM
Last edit: October 25, 2017, 09:53:33 PM by giveen
 #17

I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess

So you are going to hold your BTC until after the fork so you do receive BTG?
Holding btc would be a stupid idea honestly we did see the price climb from $5600 - $6100 really fast yesterday but that increase occured because more money from fiat was added to btc , these were the last minute investor what this would mean is as soon as they receive their bitcoin gold they will sell back to fiat.

After the fork, people will be dumping BTG as fast as they can and the sell off of bitcoins will be huge.  Money will flow back into altcoins because they usually produce higher profits than bitcoins, percentage wise.  This cycle has happened over and over many times already.  It won't change this time around.  
People will dump bitcoin gold but the price won't fall much , in case of bitcoin cash the price had a solid resistance at $300 same can happen for bitcoin gold also. Regarding money going back in alts yes you are right alts will increase but most money will be sold for fiat rather than alts.
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October 23, 2017, 06:35:28 AM
 #18

I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???


Fiat does not affect because of the hard fork and upcoming segregated witness 2x you no need to worry about fiats you have in your bank or digital wallets.
If you take the bitcoin sure dump will be there after the hard fork since we see these kind of dump in the last time hard fork happen in August 1st and later BCH rate also falls after some days.
Altcoins already started falling from the past two days due to ethereum segwti2x is taken part in this coin, so all eth based falling down.

 
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October 23, 2017, 06:37:24 AM
 #19

I hope it will go into the alts, but it is crypto so who knows.
It dont think the 25 will be the turn around, but  after segwit2x hopefully everything should be fine

Cheers
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October 23, 2017, 06:52:04 AM
 #20

After the fork, people will be dumping BTG as fast as they can and the sell off of bitcoins will be huge.  Money will flow back into altcoins because they usually produce higher profits than bitcoins, percentage wise.  This cycle has happened over and over many times already.  It won't change this time around. 

Well surely same scenarios will be seen after the hard fork. People dumping their btg and buy some alts that's really promising that's why the money flow will just be surround here.
The fact that people are holding their bitcoin now is to have bitcoin gold, well everybody loves free money.  Wink

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