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Author Topic: Where will the money go after the BTC fork???  (Read 1442 times)
unusualfacts30
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October 23, 2017, 06:57:31 AM
 #21

ARe you talking about hard fork? or btcgold?

I think people would keep their btc in their wallet so they can get free coins. It wouldn't make any sense to put it in alts until you get free coins unless you want to take a loss.

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cryptofunn
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October 23, 2017, 07:20:51 AM
 #22

bitcoin again in a short time shows new heights. This is a little annoying, since behind such a sharp increase there must inevitably be a large-scale correction. This negatively affects the general mood in the market. Many have a desire to enter the market from Fiat. In order to have a positive mood in the market, we need more news about the fact that bitcoin will grow to 10,000, 25,000. Then new money will be poured into the market. And the market will come to life


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October 23, 2017, 07:26:41 AM
 #23

If you are speaking about BTG fork - I think, immediately after receiving BTG, everybody sell it for BTC and BTC price will go higher. After it - money will slowly return to ALTs.

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October 23, 2017, 07:33:34 AM
 #24

for sure all money come into alts because trader will always be trader, we not gonna miss even only one moment to buy alt with cheap price. and then wait price to rise again

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October 23, 2017, 08:14:19 AM
 #25

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 think it will go back to where it came from. So if money came from alts, I'd suggest that it will also go back there after the fork, so probably now is a good time to buy alts if you don't want bitcoin gold.






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October 23, 2017, 08:20:36 AM
 #26

I think they would stay at BTC due to Segwit2X hardfork at the middle of November. But it will be great if alts will return to their common price level.

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October 23, 2017, 09:04:25 AM
 #27

i think ethereum will spike, back to the airdrops!
if there is airdrops it I will not follow it, because friends experience bitter after the hacked hacking account.

Prodigan786
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October 23, 2017, 09:16:17 AM
 #28

It will go to all for Alt coins for sure . Even people who is having good strategy now right time to invest on altcoins because all high potential coins are in low value after fork it will bump back for sure . So people who’s is buying now then they will be the winner.
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October 23, 2017, 09:28:17 AM
 #29

I guess the behaviour of market will be the same as 1st august. BTC dominance will reduce to common value around 45-48% and every alt will be pumped at 15-25% at average.

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October 23, 2017, 10:02:38 AM
 #30

I think Bitcoin gold will fail as BCH did so BTC should be a clear winner and get more traction.

As for alts, I'm very bullish on Vertcoin (VTC) as it has the best tech and is Asic resistant and on MONA coin as this Japanese alt will benefit from the media campaign starting next week in Japan and its exchangeability versus Fiat on Japanese exchanges.
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October 23, 2017, 10:07:28 PM
 #31

Majority of the people here are saying alt coins. I dont know what will happen, but i really do hope that it will all go right back into alt coins. Because right now bitcoin pump is squeezing the sht out of all alt coins at the moment.
Very depressing to see all my alts drop so damn low.
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October 23, 2017, 10:49:10 PM
 #32

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

But they are also paying a very high price for the BTC now.  Unless BTG ends up being worth a lot more than most predict, buying BTC the last few weeks was not a good idea. Unless it was to turn right around and buy alt coins.  I'm guilty of buying a bit high too.  I paid as much as 4900 and my average price is about 4300.  Seeing it hit $6200 makes me feel a little better knowing there is a decent buffer.   I'm in BTC for the long haul anyway (3+years).  I put a lot into alt coins as prices tanked.  So many cheap ones right now.  I might sell 1/4 of my BTG fairly quick and then wait a little to see what happens. 
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October 23, 2017, 10:59:21 PM
 #33

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???

The money from the fork of bitcoin(btc-btg) that I can get will most probably alloted to alternative coins. That's what my friends did last fork. They alloted their bch to alts and take note that during fork that would be the time where alts are rising. Better to buy altcoins after you received btg. And let it pass for months then surely you will profit a lot.

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October 23, 2017, 11:05:47 PM
 #34

I think people will sell ASAP and convert it into bitcoin driving up to ATH of around $6600 then people will realize it's time to sell as it's at it's peak and it'll eventually drop back down in lil dips/spikes back to around $5500 before it stabilizes. That will then flow into altcoin which will recover a little but not enough before the next fork and it all happens again.

The bad version, a bunch of whales have played this entire thing perfectly, they dump huge volumes of BTC immediately after the folk and people lose massive amounts of money wanting to get out of crypto all together. This brings the marketcap for everything plummeting down from all the FUD. (My ideal situation, buy season!)

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October 23, 2017, 11:07:01 PM
 #35

Basically,  the money here just keeps revolving. When the Bitcoin fork was announced, alot of people sold their Altcoins to raise enough BTC in order to get more BTG, after the fork, the money will come back to alts and the price of Bitcoin will dip a little.
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October 23, 2017, 11:14:52 PM
 #36

I'm with the majority here, after the hardfork I think there is going to be a massive sell off of BTCG and BTC and money will float back to alts.

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October 23, 2017, 11:23:23 PM
 #37

Seeing here that a lot of people will dump their Bitcoin Gold immediately after the fork I just want to remind everyone to stay safe and handle their bitcoin as secure as possible after the fork. I guess a lot of hackers will try to take advantage of the situation.

In my opinion BTC/Alt market will move back to a 50/50 ratio again. I also think that's the healthiest ratio at the moment.

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hgmarral
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October 24, 2017, 12:18:03 AM
 #38

Basically,  the money here just keeps revolving. When the Bitcoin fork was announced, alot of people sold their Altcoins to raise enough BTC in order to get more BTG, after the fork, the money will come back to alts and the price of Bitcoin will dip a little.

So do you think most people will be dumping their BTG that they got for 'free' and keep their BTC? If a whole bunch of BTG is getting dumped that money has to go somewhere - so yeah I agree that money will come back into alts.
thycrypto
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October 24, 2017, 12:22:35 AM
 #39

Not sure, it might go into alts because so much was taken out.

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October 24, 2017, 02:05:39 AM
 #40

I would love to see money pour back into alts.  I've taken a beating there.  But what's going to happen with the Segwit2x fork?  Won't people want to get back into BTC if a new coin will be launched.... Will they leave at all, before Nov 17?

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