crypto98 (OP)
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November 02, 2017, 04:26:32 AM |
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What effect on price do you think this will have? Could we have similar crash as in July?
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bifle
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November 02, 2017, 01:26:57 PM |
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It's completely unbelievable that nobody speaks about the fork... - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th - We have very few information about what will happen with this fork ?
The current and most probable scenario is : => The 2X blockchain will stay an alternative chain => The original chain will remains the main chain => Massive decrease of main chain hashrate due to the NYAgreement. The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions : - Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop) - Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
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Koadharber
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November 02, 2017, 01:30:11 PM |
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It's completely unbelievable that nobody speaks about the fork... - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th - We have very few information about what will happen with this fork ?
The current and most probable scenario is : => The 2X blockchain will stay an alternative chain => The original chain will remains the main chain => Massive decrease of main chain hashrate due to the NYAgreement. The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions : - Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop) - Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
You just did answer your own question ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Its really quiet surprising that people arent too noisy or talking it lately since we are only few weeks ahead before the 2x fork.Unlike on what happened on Bitcoin Cash it did almost talk on everyday and people are waiting and keeping on speculating and talking on the things that they would do on those time but now the interest or the attention isnt too much for 2x unlike on BCC. People do always love free money on those fork coins which isnt really surprising.
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DaMut
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November 02, 2017, 01:41:07 PM |
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actually there're a lot of people talked about Segwit2x for a past few months before the run, but lately we can not see it at all due to increase caused by the chain split. in other word lately people keep focusing themself on the train and forget about what will happen with it in the future. will it affecting Bitcoin price ? of course it will and even in my opinion because of this there'll be a significant change that will happen with our price. crash ? i can not describe it using that word but i believe there will be another 'correction' that will happen in the near future. but i am not sure there will be another FUD caused by the whales before the Segwit2x. what i believe right now there will be a 'correction' after it and the FUD started causing a lot of panic sell.
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cellard
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November 02, 2017, 01:49:07 PM |
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It's completely unbelievable that nobody speaks about the fork... - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th - We have very few information about what will happen with this fork ?
The current and most probable scenario is : => The 2X blockchain will stay an alternative chain => The original chain will remains the main chain => Massive decrease of main chain hashrate due to the NYAgreement. The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions : - Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop) - Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
Nobody talks because it's dead on arrival. Coinbase is going to get sued, so will Xapo, Gemini and all the rest of corporate retards that think they belong in Bitcoin but they don't. And they will get sued by idiots that also thought they owned Bitcoin but didn't. It will be a mess of people lossing money as they send to wrong addresses and so on, like BCash but worse. This will only solidify the fact that unless there's massive consensus, a hardfork will always be a disaster, and the idiots that will lose most money will be the exchanges supporting these scams, along with the idiots that sold real Bitcoin for fake bitcoins. So just buy any dip if there's even a dip and stop stressing.
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Paashaas
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November 02, 2017, 02:39:17 PM |
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Relax guys 2x will fail hard, you all can sleep tight tonight.
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diguyo
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November 02, 2017, 02:42:03 PM |
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It'll trigger the correction - too much hype and speculation...there will be a big sell off and we'll see a correction. alts will then slowly re-emerge following the current blood bath.
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dothebeats
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November 02, 2017, 02:45:08 PM |
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There needs to be some form of negative news accompanied with a massive sellout/profit booking just like what happened on the previous fork in August for us to see another crash. With the rate of price increase right now, there needs to be some form of correction before we take off just so we can assure that everything goes smoothly without any hitch.
We need some massive 'forks are killing bitcoin' drama to have some form of crash (partly for me to buy a small amount again).
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michkima
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November 02, 2017, 03:03:50 PM |
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What effect on price do you think this will have? Could we have similar crash as in July?
Based from what is happening, I am thinking that it is similar to what happened in the August 1 possible pork with just segwit. Prices really went down but after everything was cleared prices went up pretty fast. I think it would have lead to even $10,000 not for the issue with china banning stuff like ICO and btc exchanges. That stirred up a lot of drama that halted the price increase and dropped prices a little.
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layoutph
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November 02, 2017, 03:24:54 PM |
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Most likely BTC will surely crash on the fork day. This is also the reason why Bitcoin keeps on pumping so hard. I believe we could have 8k to 10k before the fork. What effect on price do you think this will have? Could we have similar crash as in July?
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Asrael999
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November 02, 2017, 03:40:55 PM |
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What effect on price do you think this will have? Could we have similar crash as in July?
What crash in July? The fork was at the end of the month and the price rallied from $2600 to $3400 by 10th August, and carried on rallying to $4,800 by the end of the month. It didn’t “crash” until early September when the move was caused by China’s last but one ban and Jamie Dimon telling us we were all idiots.We’ve been rallying ever since. Bitcoincash fork had no impact on the bitcoin price in terms of “crashing” at all.
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player514
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November 02, 2017, 04:37:41 PM |
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It's completely unbelievable that nobody speaks about the fork... - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th - We have very few information about what will happen with this fork ?
The current and most probable scenario is : => The 2X blockchain will stay an alternative chain => The original chain will remains the main chain => Massive decrease of main chain hashrate due to the NYAgreement. The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions : - Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop) - Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
Similar to BTG if you ask me. We had very little information with a few weeks left going into the fork. However, over time we started to learn more about it and how terrible it was. It seems like a lot of people will try to hop on the train right now in order to get that "free money" they're all waiting on. Honestly, I don't think they understand that it causes a drop in the bitcoin price as well, but I guess we'll have to see what really happens. After enough forks, I'm sure people will understand the drill.
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This area is up for grabs! PM me if you're interested.
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btcmayumana
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November 02, 2017, 04:52:14 PM |
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Relax guys 2x will fail hard, you all can sleep tight tonight.
agree, take relax. anything can be happen, but don't take it seriously. take some coffee and enjoying this November. just follow the train ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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crypto98 (OP)
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November 02, 2017, 11:23:53 PM |
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What effect on price do you think this will have? Could we have similar crash as in July?
What crash in July? The fork was at the end of the month and the price rallied from $2600 to $3400 by 10th August, and carried on rallying to $4,800 by the end of the month. It didn’t “crash” until early September when the move was caused by China’s last but one ban and Jamie Dimon telling us we were all idiots.We’ve been rallying ever since. Bitcoincash fork had no impact on the bitcoin price in terms of “crashing” at all. The lowest point of whole August 1st afair was 16th of July market cap wise.
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gentlemand
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Welt Am Draht
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November 02, 2017, 11:25:51 PM |
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I'm concerned about it. I see more posts about lambos than about the lack of replay protection on B2X.
No matter what's happening in cryptoland, there are always more posts about Lambos than most matters. I get the feeling most people expect it to just sort itself out eventually, which also means them expecting their exchange or wallet provider to sort the replay protection too.
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CoinsCoinsEverywhere
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November 02, 2017, 11:26:33 PM |
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It's completely unbelievable that nobody speaks about the fork... - It's almost tomorrow ! The segwit 2X fork is currently planned to happen on November 16th - We have very few information about what will happen with this fork ?
The current and most probable scenario is : => The 2X blockchain will stay an alternative chain => The original chain will remains the main chain => Massive decrease of main chain hashrate due to the NYAgreement. The massive decrease of hashrate will have a huge impact on the network. Even if it will be "repaired" after difficulty reduction, it cannot be unseen.
My questions : - Will this uncertainty about future will be stronger than the hope of getting free money with the fork ? (if yes, price drop) - Will whales will use this situation to FUD a lot and manipulate the price ? (for me, the answer is "yes of course").
The miners will go where the money is. Even if many initially switch to the segwit2x chain, if the price of B2X doesn't catch up with BTC, they will go back to BTC, especially if there's a downward adjustment in difficulty from people mining B2X for a while. Right now, though, I really have no good feeling for which way things are going to go.
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Izarok
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November 03, 2017, 06:38:18 AM |
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What effect on price do you think this will have? Could we have similar crash as in July?
I think the pricing is really nearing its peak and we might be experiencing crash on or before Segwit2x. The correction will not be far from $7000 and not lower than $5000.
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mobnepal
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November 03, 2017, 07:18:56 AM |
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What effect on price do you think this will have? Could we have similar crash as in July?
I think Yes because current crazy buy doesn't have any good reason behind, people are buying to get free money with forked coin after segwit2x just like bitcoin cash. I still think price can go as below as $6k or even to $5k after fork.
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passwordnow
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November 03, 2017, 07:24:39 AM |
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What effect on price do you think this will have? Could we have similar crash as in July?
We don't know if the same crash will happen but for sure there will be a correction. As the same thing will happen that everyone will put most of their funds to bitcoin to get more forked coins and during or after the fork everyone will be spreading again their funds to different alt coins so that will be the correction that we're expecting for. And the cycle goes on as it will be repetitive during these days.
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