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Author Topic: How much BTC will fall in 3 days after Segwit2x fork in November?  (Read 1811 times)
riktator (OP)
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November 04, 2017, 08:59:17 AM
 #1

How much bitcoin will retrace just after the Segwit2x fork?
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November 04, 2017, 09:13:36 AM
 #2

How much bitcoin will retrace just after the Segwit2x fork?
many say Bitcoin will plunge  $ 4000, but it does return to market trends Wink

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November 04, 2017, 09:27:52 AM
 #3

I d say around 20% would be a hearty correction, much closer to what I feel to be real market value.

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November 04, 2017, 12:46:29 PM
 #4

It's just about impossible to tell.  But since a lot of people have got caught up in the fallacy that somehow the fork will be "free money" and that the value of the new coins will just appear out of nowhere, it seems like eventually people are going to have to get a reality check.

It's actually very much possible that the BTC price will continue in its current bubble and will actually soar even higher as a clear winner is found (which it seems will most likely be the original chain), in which case it won't correct at all.
I d say around 20% would be a hearty correction, much closer to what I feel to be real market value.
I'd consider "real market value" to be much more like what we were seeing at the start of the year, rather than anything that's occurring recently.  BTC has no objective value, but it still has speculative bubbles and I think that after a certain point, people get lost and forget where it started increasing beyond normal levels.

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November 04, 2017, 12:48:53 PM
 #5

If it goes anything like the bitcoincash fork bitcoin will drop initially about 20% and then retrace to near current prices as the segwit2x fork prices starts collapsing.

With the bitcoincash fork it was ultimately best to simply hold your bitcoins and bitcoincash.
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November 04, 2017, 01:04:55 PM
 #6

No one can say that.But we can predict that it reaches somewhere around 5800-6000 and will increase again slowly.

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November 04, 2017, 03:04:13 PM
 #7

How much bitcoin will retrace just after the Segwit2x fork?
I don't think that bitcoin price will fall in the next days, I believe that it will increase more and more this month and maybe it touch the 8000$ at the end of november. In the beginning of november we saw that bitcoin price have a huge volatility, I think it will be fixed in the middel of this month and then, it will start increase again.

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November 04, 2017, 03:08:52 PM
Last edit: November 05, 2017, 10:10:26 AM by Mahirap
 #8

After the fork my speculation would be atleast 10%-20% of today's value may be the regulate price. but, some analist are guessing that bitcoin would be worth 10,000$ before the year end. there would be another fork called Bitcoin silver Aprox date would be december of 2017.
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November 04, 2017, 03:12:28 PM
 #9

if things will just repeat itself maybe we will be seeing 15-20% downfall before it will rise up much stronger, nobody knows exactly what can happen from that
time as we all knew that we are expecting some real corrections and from that new comers will have their opportunity to place their entry and start hyping the
value back all over again.

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Variogam
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November 04, 2017, 03:23:12 PM
 #10

Not many people pay attention to the forks, for most people Bitcoin is just speculative investment and is currently in high demand - thus we may not see noticable correction around that time.
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November 04, 2017, 03:26:17 PM
 #11

Anything can hapen, it's a rollercoaster. After the first fork during the summer it went straight up! The event that caused the dip was China cracking down on ICO's. Don't forget that larger institutions are jumping in right now.

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November 04, 2017, 03:29:39 PM
 #12

I think it'll not fall because of the upcoming segwit. I believe in Bitcoin all the time Smiley). As everyone know at the hardfork on 1st August it was a big move for Bitcoin price when it increased very quickly from 2k$ to over 4k$ right after the hardfork so I think it'll be them same at this time and Bitcoin price will keep increasing after the upcoming hardfork on this month Smiley
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November 04, 2017, 03:40:41 PM
 #13

because of the recent big news about CME and the fact that a lot of new investors are not investing in bitcoin i wouldn't be surprised if the price went up another $1000 after the SegWit2x rise.

you see all those new investors may not know what a fork is and what it can do so they may be scared and waiting on the sidelines to invest in bitcoin. so as soon as the fork is done, they will start buying big time and it can be a cause a big rally.

There is a FOMO brewing...
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November 04, 2017, 03:42:20 PM
 #14

Still waitng for my bitcoin gold..

Thanks for the cash :-)

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November 04, 2017, 03:53:33 PM
 #15

If we look at fundamentals, correction is coming and it may reach 5400-5600 range in my opinion. This just spells for another run in near future though.

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November 04, 2017, 03:56:56 PM
 #16

I find that people who are not supporting Segwit2x happen to Bitcoin, maybe they will still accept Bitcoin version, still growing, hoping that it will stabilize. I did not expect the price of Bitcoin to rise too fast, it would be like a bubble.

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November 04, 2017, 03:57:18 PM
 #17

How much bitcoin will retrace just after the Segwit2x fork?
after the end of the hard fork the value of the bitcoin can dump in a pathetic way, but I think it does not dump the price ~ $ 6,000
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November 04, 2017, 04:06:53 PM
 #18

No one can say that.But we can predict that it reaches somewhere around 5800-6000 and will increase again slowly.

I picked this one. Many says that fork usually affects bitcoin by 20-25% of its current price but i think due to the strong foundation of bitcoin it can still work up back to its current price slowly.
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November 04, 2017, 04:08:42 PM
 #19

I will say anything around $5k but price might not go below that level if majority of miners will remain with original bitcoin chain which is quite likely.

Current massive pump is fueled by only upcoming fork so after fork there can be lots of other events that can significantly affect bitcoin's price but some correction on price after fork is quite sure.
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November 04, 2017, 04:17:39 PM
 #20

It can go both ways, right? If any of the chains emerge as the clear winner, then I think that the exchange rates may even touch the $10,000 mark within a few days. But obviously, if both the chains are equally strong, then there can be chaos and bloodbath all around. It is even possible for the combined price of both the coins to fall below $3,000.

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