LoyceV
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Activity: 3500
Merit: 17698
Thick-Skinned Gang Leader and Golden Feather 2021
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November 11, 2017, 06:34:18 PM |
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The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. If that is true, it's like a trick to take your Bitcoins from you. Imagine this: Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash. Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin! Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them. In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them! This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt!
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MoneyIsDebt
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November 11, 2017, 06:41:52 PM |
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The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
I agree with you. With the price increase like this, the BTC price will reach $ 10,000 at the end of this year There is no doubt that with the way of popular demand and bitcoin causing curiosity to the masses, about it spiking to 10k by the end of 2017. Hell, it will probably be 10k by the end of this .year. predictions are very much that's it might touch the landmark of 25k in the mid of next year and if this happen this will be the biggest gain for the investors
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sourjain
Member
Offline
Activity: 76
Merit: 10
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November 11, 2017, 06:44:10 PM |
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Not sure for the BTC price but Bitcoin Cash is king at the moment more than doubled in no time.
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eaLiTy
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November 11, 2017, 07:16:40 PM |
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Be careful! The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. You should to keep calm and wait the confirm from the Bitcoin miners to know that news is real or fake. If that rumor become the truth, I am sure the Bitcoin price will not stop down at here.
I am sure they had to drop the upcoming fork because they did not get the support they were hoping for and now you think that all of a sudden bitcoin cash is the next big thing and it was well under the sea and now someone found out about it. Expect a good correction in the price of bitcoin and prepare for the next rally and i am looking forward for that.
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tabas
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November 11, 2017, 08:15:50 PM |
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When Bitcoin Cash pumped in August, Bitcoin didn't fall this hard. That happened a month later, and Bitcoin Cash dropped too.
And when bitcoin cash will drop after it's pump, bitcoin expected to pump. This is how the crypto market goes on, a rally for every coin but at the end of the day bitcoin is always the winner of it. Exactly. People who have gotten good positions in Bitcoin Cash before or as it was rising will make lots more bitcoin because of the pump. When the profit-taking occurs in the next few days and BCH dumps all that money is going to flow back into Bitcoin. People just making money off the Bitcoin Cash which is a pure trading coin, no usage outside of trading. That is what suppose to happen after a week or two, people who gained a lot of money with bitcoin cash will be back at bitcoin. And as they are celebrating the bitcoin cash rally, IRS is looking for those people and just monitoring your gains people so be careful about them.
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Clark05
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November 11, 2017, 11:39:08 PM |
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Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.
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John Langut
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November 12, 2017, 12:58:49 AM |
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The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. If that is true, it's like a trick to take your Bitcoins from you. Imagine this: Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash. Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin! Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them. In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them! This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt! That is a good theory. Especially if the Bitcoin Cash had a deliberately lame launch so the creators could scoop them up for less than 0.1 BTC.
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HollowIP
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November 12, 2017, 01:04:41 AM |
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I really hope so bitcoin can reach $10k end of this year, we are currently got fud by bch but I believe btc is the king
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BTC- 3FofPhtcESndpyLTJTJEnpShdHgbN82pAz
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orions.belt19
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November 12, 2017, 02:05:35 AM |
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Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.
I expect there to be a price correction or for the price to go down even if the upcoming fork was cancelled or suspended. The price has been increasing rapidly for the past months so it's bound to get low at some point. A lot has been preparing for this fork and with the fork cancellation, it's hard to tell where the price would go from here. I'm not quite sure if we could hit $10,000 by the end of the year because rumors and FUDs could still appear left and right and affect the price negatively.
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tonlong
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November 12, 2017, 04:05:36 AM |
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I really hope so bitcoin can reach $10k end of this year, we are currently got fud by bch but I believe btc is the king
BTC prices have fluctuated quite a bit this month. I think it would be awesome to look back on this moment when BTC is $10000 end of this year.
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shesheboy
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November 12, 2017, 04:18:07 AM |
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Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.
yeah your right, bitcoin will still guaranteed to decrease because that is its nature due to volatility though it can still increase and pump on the future because more people are still buying and investing on it and there's still upcoming forks and segwit on the future therefore it can still cause for the bitcoins value to increase.
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cpfreeplz
Legendary
Offline
Activity: 966
Merit: 1042
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November 12, 2017, 05:00:55 AM |
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I think we'll see an increase in price if we stop seeing these forks and/or potential forks because newbies just don't understand it at all and it scares them to invest in something that's so beyond their realm of understanding. It's not free money if you're paying a 30% premium on your coins because of fake hype lol!
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Silberman
Legendary
Offline
Activity: 2702
Merit: 1374
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November 13, 2017, 05:50:48 PM |
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The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
I find it so odd that they took out the fork because it seemed so crucial -- there was such a build up to it and now it's gone before everyone expected to sell. We'll probably have a load of panic sellers right now trying to get the most out of this bubble that they tried so hard to ride up. Should maybe drop down by a 500-1000 dollars. In the past few minutes that I've been keeping up with the price, there has been a drop of around $300. I'm not too worried though; it's probably better for the longevity of BTC to not have too many forks like these especially ones that seem like an attack more than anything. In my opinion it is possible the miners knew from the very beginning they were not going to create that fork, they knew the price of bitcoin will go up and they were going to benefit greatly from it and that will suppress the price of alts that they can now get for cheap, to me this seems like a major insider job, they are earning lots of money and they are also attacking bitcoin at the same time.
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thecodebear (OP)
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November 13, 2017, 06:00:39 PM |
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Now that the Bitcoin crash has reached its low point and started rebuilding for another pump in the coming weeks, and BCH pump and dump scheme is over and its bleeding away back to its normal value, it's time to get excited for a BTC run to $10k this next month and a half!
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Doell
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November 13, 2017, 06:43:03 PM |
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since the news of this suspended fork keeps the bitcoin price down considerably ,we are aware of the decline due to this incident but december the end of the year is targeted to come to the moon, speculation is coming to reach the good price for now the price rises slightly
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MiLkz
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November 13, 2017, 06:48:30 PM |
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is there an actual reason for it to hit 10k by the end of the year?
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diouf67
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November 13, 2017, 07:03:44 PM |
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The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
Although the uncertainty of the fork certainly would have a negative effect on the price the overall fork was having a positive effect. It was a potential solution to bitcoins issues as well as attracting investors because of the potential 'free' coins they could receive.
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dmamigo
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November 13, 2017, 07:07:37 PM |
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since the news of this suspended fork keeps the bitcoin price down considerably ,we are aware of the decline due to this incident but december the end of the year is targeted to come to the moon, speculation is coming to reach the good price for now the price rises slightly
The price went down, but now its started to stabilize before another pump within the year end. BCC might be getting pumped but its short time and already the pump has reached I guess because we saw a fall of BCC,and with Bitcoin we will see atleast $8500-$9000 mark before the year end and might be it will hit $10000 within the first 2 weeks of January.
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Ingoats
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November 13, 2017, 07:41:48 PM |
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The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
Honestly, I think Bitcoin will be a great factor for te marketvalue of Bitcoin to increase since that's what happened last August weherein from 2800$ up to 4200$ within a short period of time. And as we can see, the value of bitcoin dropped after the cancellation so in my opinion this ia bad news and also makes Bitcoin to reach 10000$ before this year end, not possible.
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BitcoinPanther
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November 13, 2017, 09:28:53 PM |
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The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. If that is true, it's like a trick to take your Bitcoins from you. Imagine this: Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash. Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin! Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them. In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them! This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt! the given scenario can be avoided if the person is knowledgeable about his stuff. It would be a dumb move if we keep on holding when we saw that Bitcoin is failing and the new cryptocurrency is emerging. Failure to adopt means distruction or being extinct, and in an investors term, it is being bankrupt and lose profit with the capital during the transition.
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