Bitcoin Forum
May 11, 2024, 12:45:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How will the SegWit2x hard fork affect the market?  (Read 239 times)
unistone (OP)
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
November 01, 2017, 03:37:05 PM
 #1

I think it will destroy the market for a while. Any ideas?
1715431510
Hero Member
*
Offline Offline

Posts: 1715431510

View Profile Personal Message (Offline)

Ignore
1715431510
Reply with quote  #2

1715431510
Report to moderator
1715431510
Hero Member
*
Offline Offline

Posts: 1715431510

View Profile Personal Message (Offline)

Ignore
1715431510
Reply with quote  #2

1715431510
Report to moderator
1715431510
Hero Member
*
Offline Offline

Posts: 1715431510

View Profile Personal Message (Offline)

Ignore
1715431510
Reply with quote  #2

1715431510
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1073


View Profile
November 01, 2017, 03:40:25 PM
 #2

Well the confusion will create some panic again and people will "pause" investment decisions and some will even dump some

coins. So I expect the price to drop a little before the fork and once the confusion and panic stage has past, the price will

pick up again. We have some trigger happy speculators that are willing to dump with the smallest bit of FUD being spread

around.  Angry

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
SureLockLoans
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250



View Profile
November 01, 2017, 03:44:24 PM
 #3

I think it will be very similar to the last fork. There will be a little uncertainty in the market but generally the price should hold and hopefully continue to increase.

Variogam
Sr. Member
****
Offline Offline

Activity: 276
Merit: 254


View Profile
November 01, 2017, 03:58:14 PM
 #4

I dont think it going to affect the market much. I believe miners going to continue mine the most valuable chain and nothing happens like in the last fork. Actually it could mean increasing the confidence in Bitcoin and continued price increase again.
mkcjeewantha
Member
**
Offline Offline

Activity: 336
Merit: 14

https://exiptoken.io/


View Profile
November 01, 2017, 04:06:10 PM
 #5

hi,

i don't think it will affect the market much, but as I feel  BTC will rise up to 6800$ margin and it will hold 6000-6500$ and go down a little bit to 5800$ and then it will rise again.   Smiley     

EXIP PROJECT
A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
────────  Whitepaper ⬝  Twitter ⬝  Telegram⬝   Facebook ⬝  Medium    ───────  [/center]
tomahawk9
Hero Member
*****
Offline Offline

Activity: 2086
Merit: 994


Cats on Mars


View Profile
November 01, 2017, 04:09:44 PM
 #6

I think it will destroy the market for a while. Any ideas?
It won't destroy the market, not even close.
What we can expect is a dip in btc price, resulting in widespread panic and confusion from newcomers and the like. We can also expect a surge in the price. To be fair, there's a lot of uncertainty around the upcoming fork so it's really difficult to predict accurately what would happen during/after this event.

But if you take a look at the price right now, btc stands @6580$ on Bitstamp, that's more than 400$ increase in just 2 days, this kind of growth isn't normal and the cause of it could be a lot of things (the new chinese exchange, the CME announcement, Amazon rumours, etc) but one of them could be the next hard fork, so maybe the SegWit2x hard fork is already affecting the market.


.
Duelbits
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀

Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█

Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █

Blackjack
|█▀▀▀▀▀█▄▄▄
       ▀████▄▄
         ██████▄
▄▄▄▄▄▄▄▄█▀    ▀▀█
████████▄        █
█████████▄        █
██████████▄     ▄██
█████████▀▀▀█▄▄████
▀▀███▀▀       ████
   █          ███
   █          █▀
▄█████▄▄▄ ▄▄▀▀
███████▀▀▀
.
                 NEW!                  
SPORTS BETTING 
|||
[ Đ ][ Ł ]
AVAILABLE NOW
amrulshare
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 546


Monday Hit Me Every week


View Profile
November 01, 2017, 04:18:04 PM
 #7

don't worry about it, a hardfork will not affect the market too much. There is likely to be a slight dump at the end of this year, i think in this case has been no significant correction  Wink

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
valmon
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
November 01, 2017, 04:22:04 PM
 #8

The SegWit1x affect the market a lot, but now affect will be minimal. The Bitcoin is very stable now.
mOgliE
Legendary
*
Offline Offline

Activity: 1344
Merit: 1251



View Profile
November 01, 2017, 04:27:10 PM
 #9

Well the confusion will create some panic again and people will "pause" investment decisions and some will even dump some

coins. So I expect the price to drop a little before the fork and once the confusion and panic stage has past, the price will

pick up again. We have some trigger happy speculators that are willing to dump with the smallest bit of FUD being spread

around.  Angry

Oh I'm not even sure it'll have huge impact...
From what we saw until now, in fact the impact of shits like that are spread on the 2 months before the real action.
So it's not Fork -> consequences
It's more like Anticipation of the Fork -> consequences -> Fork


pawanjain
Hero Member
*****
Offline Offline

Activity: 2674
Merit: 713


Nothing lasts forever


View Profile
November 01, 2017, 04:34:30 PM
 #10

This hard fork might not be the same as the previous ones and might affect the market if not treated carefully. The segwit2x supporters want to increase the block size from 1MB to 2MB which will obviously make the split of the entire chain. In such case the people who don't have the knowledge to handle forks might lose their coins on the other chain if don't take a note of it. This fork is not going to give a protection from the replay attack and thus it depends on the individual to do the transactions with safety measures. So this might affect the market in a negative way and can create a negative impact on prices. There might also be misunderstandings and confusion related to the fork since there are supporters on both the chains.
So it is pretty difficult to say what might happen. One thing for sure is that this fork will not be similar to the previous forks.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Rinaze
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
November 01, 2017, 04:35:45 PM
 #11

I think it will be very similar to the last fork. There will be a little uncertainty in the market but generally the price should hold and hopefully continue to increase.
How is this similar to the last fork? How is a hard fork similar to a soft fork other than they both have 4 letters but different meaning? How is Bitcoin VS Bitcoin the same as Bitcoin VS Bitcoin Cash or even Bitcoin VS Bitcoin Gold?

Lape77
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
November 01, 2017, 04:37:07 PM
 #12

Will you buy alts before or after 2x? Thanks
BurhanPSG
Full Member
***
Offline Offline

Activity: 322
Merit: 100


View Profile
November 01, 2017, 04:46:24 PM
 #13

I also agree with your opinion, this segwit2x problem really damages the market price because it causes some coins to be down. Segwit2x is only temporary so we should keep calm and try not to panic.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!