orions.belt19
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November 06, 2017, 12:20:27 PM |
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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. Yes, it's quite possible that the price increase that we are experiencing now is due to the upcoming fork but along with that, a great contributor is the positive news about bitcoin such as amazon. I think this would make the price go up even after the fork as well. It's hard to tell what may be the result of the fork this coming November but it's quite possible for there to be a crash. It would mainly depend on the support of the bitcoin users - so far there are some who are not interested at all while there are others who plan on support it. Whether there will be a crash or not, I still expect the price to go down. During the BCH fork last August, the price went down but right after it went up very rapidly. Most just dumped their BCH right after. So the results of the upcoming fork would really depend on the reaction and support of the users.
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jaocoincrypto18
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November 06, 2017, 12:54:02 PM |
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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 safe to invest in bitcoin as long as you can afford to purchase right now because for me their is no guarantee that bitcoin will fall down during the segwit2X because lot of holders have already experience the bitcoin hardship before that they keep the faith and hoard. As a result they are now enjoying the benefits of holding the bitcoin from the long run. Soon they will enjoy it most if it will reach the $10,000 mark with no sweat.
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ivrynx
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November 07, 2017, 10:08:07 PM |
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It is better to hodl Bitcoin right now and wait for segwit2x, and and then hodl till you meet your goal, my advise is to always keep the fundamentals of investment, particularly, saving for the future, if you save your bitcoins now, and use only a small percentage for your expenses, you will see and feel your investment growing, and always catch up with the latest news, I think Bitcoin crashing after the segwit2x is unlikely, a slight dip may happen, just to have a correction in the market, but it will not crash, since an example of a market crash is like Blockbuster, before it was highly valued, then Netflix came in the scene and it plummeted and since it became obsolete, that is a crash, however for bitcoin, a lot of people will still be using Bitcoin in coming years, and it's value will still go higher.
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Youghoor
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November 07, 2017, 10:21:40 PM |
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Obviously that it is because of the fork, and it will continue going down up because of that. but the charts are pretty weird right now, because all the opposite is happening at the moment, well, yesterday it was about 7000 each bitcoin, and now it is upto 7100 one of them, so it is a little bit weird, i dont know what is going to happen until that fork is done, but i am sure that it is going to be a mess and nobody will know how to react over this one. I hope that all this problem is going to be fixed soon.
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Gabb
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November 07, 2017, 10:42:06 PM |
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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.
Every time the price of bitcoin has moved in an important way, we tend to explain it through strange justifications and theories, including the pseudo science called technical analysis. But in the end the bitcoin is mainstream and this big rise has not started these recent days, but since the month of December last year. Therefore, I do not think the bitcoin price will lose the pace for the next hardfork, but on the contrary, it will consolidate its bullish career for a long time.
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justdimin
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November 09, 2017, 01:32:21 AM |
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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.
I am happy from your recall, you understood pretty well how so many expected a crash to happen as a result of the BCH fork which never happened and we even had an ATH after then. The thing is that we cannot predict anything, but the good part is we are the market, we are in control and we make the huge chunk of the decision. What would happen is still unknown and I do not really see B2X as bone of contention as it does not have the user's support which to me would seems just like all the 2 previous forks we have had. However, there could be some unrest which might make BCH to seem more like a better alternative to quickly switch to, but we cannot know now right?
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fasdorcas
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November 09, 2017, 01:34:26 AM |
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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.
I am really very optimistic about that. Most people would still end up dumping their B2X even if any exchange or anyone ever wants to support it in the first place due to the replay attack protection they do not want to include. Bitcoin core for now remains the legacy and what we will stick to eventually, and the whole forked chains would just end up dead as they are meant to be.
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beerlover
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November 09, 2017, 01:37:55 AM |
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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. If you have really followed the past 2 forks, then you would know that what you have said is not right. Hardly was there a huge fall in any of the forks except for the China news that happened after the first fork which was even a month after and had nothing to do with the fork. However, all forks have even proven to the users that it means even much more surge in price for bitcoin and even whenever we see some slight corrections; it does not even take up to 2 months like you said, before it recovers and head straight to the moon again, barely 2 weeks before we even see that.
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catapult
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November 09, 2017, 10:31:39 AM |
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There are many different speculations about it. I think it is better to hold the bitcoins, because I've always seen the bitcoin as a long-term investment.
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LeGaulois
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Top Crypto Casino
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November 09, 2017, 12:34:54 PM |
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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.
For sure the recent increase in the price is because of the fork. There is a large number of people who excepted to get free coins and so buying as much as they could, there are others reasons too. I am reading to see a correction until the end of this month but if nothing happens I won't complain. Everything can happen with Bitcoin. If I was in your shoes I would wait some days to see what it will result. It's forbidden by the law of many countries to give adviced on this
The things are different when you are on a forum and the laws that need to be followed here on bitcointalk are the USA laws. And if for example, you give advice to not invest in X or Y nobody will punish you for telling don't advise to invest Ni X or Y.
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Idrisu
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November 09, 2017, 12:46:21 PM |
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Investing in bitcoin is the best thing any wise investors should embark on. From what happened in August first hardfork I can tell you that bitcoin will not clash after hardfork but always appreciating. However the November hardfork has been cancelled and you have a freedom to invest in bitcoin now as from now to middle of next year we may not have any hardfork issue. We should make our investment now as the fear of price clash after the hardfork is over.
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ihsanskanzaone
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November 09, 2017, 01:09:07 PM |
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My advice in investing You have to invest in cloud mining because big profits and your time is not much wasted, you just monitor your income without having to work. I think cloud mining is very easy and very fast your capital back, the more capital you spend then the speed of your mining and your income is getting bigger so I suggest in cloud mining using big capital so that your income also bigger. the most trustworthy cloud mining site I think is genesis even though your income is lower than any other cloud or newly emerging mine.
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yamortsac
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November 09, 2017, 03:38:10 PM |
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well I guess there will be a fall down of bitcoin price after the fork on 16 November, but with just a little decrease for a while and it will rise up again after few weeks, so maybe you should invest now because you will still have a great profit at the end of the year.
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aervin11
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November 09, 2017, 03:42:45 PM |
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That fear of crashing is now happening. Better transfer your btc to alts or hold it for a longer time or wait for the next fork so you can maximize your profit.
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DrGuns4Hands
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November 09, 2017, 05:20:28 PM |
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It is just a bit or small chance of falling the price of bitcoin. Possibly maybe it is not just much and it will not affect the value of it. And perhaps, this fork has a possibility of boosting the bitcoin.
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Slark
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November 09, 2017, 06:05:13 PM |
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The price of BTC has been going to the moon lately, is it reasonable to think that it's because of the upcoming fork?
Not necessarily. Bitcoin is a hot topic all over the globe now. Demand for bitcoin is increasing rapidly. Japan and South Korea are leading the march, additionally, we learned that Chinese ICO and Bitcoin trading ban is only a temporary measure. Soon Bitcoin, ICO and the whole crypto market will be regulated in China. Indian and Australian goverment are seeking ways how to painfully introduce crypto regulation as well. So as you can see there are plenty of bullish news - this is the reason bitcoin is so successful and the price is growing rapidly.
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Silberman
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November 09, 2017, 06:13:47 PM |
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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.
With the recent developments we need to ask ourselves what it is going to happen now that there is not going to be a fork, and I think the price is going to go down a little, this was one of the forks that people were expecting and now that there is not going to happen people are going to sell some of their bitcoin and buy alts that are very cheap.
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Dalmar
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November 09, 2017, 06:22:26 PM |
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Investment always bring a lot of risks i you dont know rules of money management. Pay attention to your strategy and trading rules before investing serious amount to any project.
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jakagintiri
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November 09, 2017, 06:30:42 PM |
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If you want advice, I suggest you invest altcoin. BCH also does not matter. I see some of their threads say BCH will also tend to rise, in because it canceled fork this mid-November. it looks like there will be a correction for btc.
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justdimin
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November 12, 2017, 07:57:01 AM |
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possibly but slim chance of happening. I am sure bitcoin price will be down for quite a while during the fork.
It is really a very slim chance for bitcoin price to be down after the fork. Certainly, it is possible we might see some correction but it won't be much before we start seeing the sight of the moon again. Right now, it seems every giant and kids from every angle are no longer in support of B2X and it is being considered as a scam. Even the CEO of OKCOIN, one of the giant exchange in China, came up with a news recently that B2X is a scam and should not be supported.
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