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Author Topic: Will the BTC price go up or down after the 25th Oct fork?  (Read 2595 times)
HatakeKakashi
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October 25, 2017, 02:29:25 PM
 #61

As of now the price of bitcoin is already 5700 dollars and I hope it will happen so we can make a lpt of profit in the future. Tomorrow is october 26 and for sure we see the price of bitcoin if they increase the price or not. But I hope it will become very high and I hope we see again the price of 6k dollars . And I hope this week it will become more than 7k dollars so we can make a lot of profit.

 
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October 25, 2017, 07:32:20 PM
 #62

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?

So it seems at this point, the hardfork for Bitcoin Gold was already over. Based from the current price, at around 5.5k USD, it is lower from our recent all time high valued around 6.1k USD. The discrepancy was big but this is not so surprising. Corrections eventually take place after achieving new ATH and we just witnessed the very recent one. Predicting what would be of the price after the fork for BTG is difficult not just because predicting the future is difficult but there is another hardfork at hand. It will take place this November and it might affect the price even as early as today. So just hold all your BTC and get BTG and B2X after all settled down.

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October 25, 2017, 08:13:28 PM
 #63

Wait for 1st of November folks, if people sell all these BTG things can be different than you think. I don't expect more than $6000 until the middle of November, following it between 5300 and 5800.
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October 25, 2017, 08:23:16 PM
 #64

Wait for 1st of November folks, if people sell all these BTG things can be different than you think. I don't expect more than $6000 until the middle of November, following it between 5300 and 5800.
BTG has nothing to do with Bitcoin anymore, it's a purely function altcoin right now. People who wanted to cash out would have done it already, but it isn't happening because this increase was not driven by the BTG fork.

November leaves us with a far more important fork, and that's something people can't be excited about in the way they were excited about the BTG fork. SegWit2x sits on a whole different level, and people will notice this soon.

Fud will start to boil, trolls will start derailing threads, traders will likely liquidate a certain part of their positions or even use altcoins to hedge Bitcoin. BTG will get dumped to the ground when its network goes public.

BSV is not the real Bcash. Bcash is the real Bcash.
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October 25, 2017, 09:28:53 PM
 #65

Today is October 25th, and bitcoin price has been declined since few days ago, drop back to $5413 right now. Well, BTG hard fork planned to occur at block 491,407 on the original blockchain which happened around 12 hours ago. But, according to BTG developers, bitcoin gold network is aiming to be open to the public by November 1st. After btg hard fork seems traders turn into altcoins, while bitcoin prices continue to decreasing, altcoins may get more attentions and huge flux of money will switch to altcoins for a while until November 2x hard fork, just maybe.
By introducing bitcoin gold the price will come down and it may be upto $5000 or less than this a little bit but bitcoin will cover its price soon because it is not a hard fork, it is just correction. It is right that traders will move towards altcoin but for the time being. I also consider the current fork a good chance for buyer to buy bitcoin in low price. I think professional and consistent traders would not miss this chance.

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South Park
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October 26, 2017, 04:44:01 PM
 #66

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 Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.
The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.

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October 26, 2017, 05:28:56 PM
 #67

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 Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.
The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.
The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.

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stolendata
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October 26, 2017, 10:04:40 PM
 #68

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 Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.
The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.
The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.
It was expected that after hard, poeple will star selling their bitcoin so as to secure their profit, but i think we can see that the price of bitcoin is still trading in a good price and there is no such selling still seen, people even more eager to buy and continue holding their bitcoin. i think that this trend will now continue for a long time and therefor it is now the best time to invest money in bitcoin.
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