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Crypto_Addict (OP)
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November 05, 2017, 04:47:42 PM
 #1

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.

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November 05, 2017, 06:11:13 PM
 #2

The upcoming fork (and the previous one on october the 25th) certainly plays a role in the current giant bullrun. The developments around BTC have hit the media and an unprecedented number of people are rushing into crypto with the aim of making easy profit. A crash after the 16th could occur but perhaps even sooner because the current rise in value of BTC is too sharp to be stable. I've emphasized the words 'could' and 'perhaps' because the current cryptomarket is more unpredictable than ever!
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November 05, 2017, 08:14:43 PM
 #3

For me, i'm strongly believe that this fork will boost the price of Bitcoin to the Sun. Everybody are trusting Bitcoin for now, so every single fork will make push the price of Bitcoin to a new level.
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November 05, 2017, 08:19:45 PM
 #4

The upcoming fork (and the previous one on october the 25th) certainly plays a role in the current giant bullrun. The developments around BTC have hit the media and an unprecedented number of people are rushing into crypto with the aim of making easy profit. A crash after the 16th could occur but perhaps even sooner because the current rise in value of BTC is too sharp to be stable. I've emphasized the words 'could' and 'perhaps' because the current cryptomarket is more unpredictable than ever!
everyone knows that prices will fall after every hard fork so that is why their is nothing new in upcoming fork of segwit2x on 16 November, prices will fall at certain point like $6.5k or may be maximum $6k, but as we all know the prices will always recover after one or 2 months and again bitcoin gainstability in cryptomarket.

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November 05, 2017, 08:21:29 PM
 #5

It's forbidden by the law of many countries to give adviced on this

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Crypto_Addict (OP)
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November 05, 2017, 08:22:29 PM
 #6

Thanks for the feedback again

Love the support on this forum!
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November 05, 2017, 09:54:06 PM
 #7

Since the ramsonware attack of bitcoin it has been increasing by a lot of money, and then there was the first fork, in when the price climbed from $2000 to $3200 in just a few days, and then with the last fork, it went from $4500 to $7500, this is insane, i dont know how much it will rise with this new fork, but of course that bitcoin is only rising because of rumors and because of this forks, of course, maybe without them the price would still be at $2000 at the moment.
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November 05, 2017, 10:36:12 PM
 #8

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.


Major crash will be happening after the bitcoin gold fork, at least a minor correction will be happened. This fork not looks good in my opinion. there is no actual date about when the fork will have done. The developers just like amateur to handle this shit fork with not commitment about the planned date. especially about there is no a lot of interest to support the bitcoin gold.
The developer pure just try to make a hype to this one. The possible thing for bitcoin to reach $5900 again.

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November 05, 2017, 10:40:50 PM
 #9

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.


Yes it is possible but that's not problem at all maybe it will crash but it is not too low maybe its only slim crash of the price of bitcoin. Fork is only to build more stronger the foundation of bitcoin.
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November 06, 2017, 01:07:49 AM
 #10

A big drop I don't know, but I expect some drop on the price, yes. It's a big possibility as people want to claim their extra money from the fork and cashout right after to check how much profit they have made. But keep an eye on it, nothing here is 100% sure to happen, if you see BTC price is falling after the fork I think it's a good idea to sell the BTCs and buy cheaper again in few days.

 
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November 06, 2017, 03:22:46 AM
 #11

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.


maybe that crash scenario will happen or maybe not we cannot speculte bro. And also we are  far on 16th day of November why not try invest now to get more profit before the fork made. Cause now aday bitcoin is continuing to climb even sometime its fluctuate. Dont worry about the fork and i have doubts also about that fork maybe it will not fall deep maybe a little bit.  
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November 06, 2017, 03:41:46 AM
 #12

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.



Currently I don't think that the impact of fork has been taken into effect, this rally has been done due to the launch of future's which is to take place down this year. The fork so far has mixed impact, so there are people who are for it and there are people who are against it. Currently there's not really much clarification on its support. I don't think we may see a crash but prices could be haywire for a while if they don't clinch support and they don't have action replay, so that's a risk which can harm all it users.
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November 06, 2017, 04:34:07 AM
 #13

There is a small chance that the price will crash but i dont believe that it will go down below $6,000 but right now bitcoin price is unstoppable thats what im afraid of, i hope that after the fork there wont be any major crash that is going to happen.
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November 06, 2017, 04:34:35 AM
 #14

hm i think it is not good to invest bitcoin now because of it's high value, just wait for big dump dude Cheesy
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November 06, 2017, 09:23:15 AM
 #15

hm i think it is not good to invest bitcoin now because of it's high value, just wait for big dump dude Cheesy

Exactly, the value of bitcoin was so expensive to buy now. But for me it's better to buy now ( but it's depend on the budget ) because bitcoin will never stop increasing his value, so when you buy now you wait for the highest price and sell to gain your profit rather than you wait for the lowest price before you decided to buy.

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November 06, 2017, 09:54:21 AM
 #16

We are not so sure what can happen in this coming Fork, in the recent Fork we can see that the price just drop a little but it went on and on after the Hard Fork ends, I am not so sure but if this next would be the same then I think definitely try and buy bitcoin if you don't think that the price is to much for you, because that investment can go to the moon after a year or so!
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November 06, 2017, 10:01:19 AM
 #17

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Yes, it's the reason why the price of bitcoin is starting to moon. Have you entered to bitcoin earlier?

Do you guys expect that there will be a major crash after the fork the 16th of november?
I'm expecting any crash to happen as the market is quite in a bull run, there are some corrections that are happening so that's enough instead of a crash.

If I recall there wasn't one after BCH was released on the first of august.
I'm too old to remember that but it's because everyone has sold their BCH to bitcoin after the fork.

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November 06, 2017, 10:21:12 AM
 #18

The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.


you are wishing to purchase Bitcoin and lots of new soldiers in the field, too. This means that when more and more demand to buy bitcoin then it will push the price up Bitcoin because the number of Bitcoin exist in the world is fixed
i think after the fork the 16th of november the price will probably decrease a little bit and stabilize back
I can say it is not late to buy Bitcoin at now

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November 06, 2017, 11:21:27 AM
 #19

Do you guys expect that there will be a major crash after the fork the 16th of november?
If I recall there wasn't one after BCH was released on the first of august.
- I think yes but if bitcoin 2x will fail to gain good amount of miners support than there will not be any significant pullback on bitcoin's price.
- Just look at the chart again, there was strong correction just after fork but within few days price recovered and still pumping hard.

Actually it looks like current pump is fueled only by fork speculation but we might have few millionaires or big whales pumping bitcoin's price hard before fork to dump after fork or few days before fork to book very good profit.

 
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November 06, 2017, 11:25:08 AM
 #20

possibly but slim chance of happening. I am sure bitcoin price will be down for quite a while during the fork.
After the fork seems to be a best answer, If the bitcoin segwit 2x coin already distributed to the all of bitcoin holders and that means if we are starting to see about the real test of the bitcoin price.
A lot of people will take their own profit from there.
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