SW2x cancelation will crash Bitcoin

[gentlemand]

It probably will have a juicy fall, but not because people care about scaling. All they wanted was free coins which wouldn't have been possible to obtain safely anyway. Now that's off the table it's back to alts.

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[polymerbatt]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

1000-1500 really ? Even without segwit2x the price will stay on $5,000 or at least $3,000 minimum, no way the bitcoin price can fall so hard into $1000, i'm sure of it. The bitcoin price will fall for sure because of this cancelation but it will bounce back very soon on the next month.

[barota]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

i agree with you 100 % . Prices bitcoin will drop sharply . I expect bitcoin price 3000 usd this month or after

People lost a confidence about bitcoin .
 
As for crash yes it can happen easily

People know this cancelation not good for bitcoin But they hides that feeling
 

[djsugar]

It probably will have a juicy fall, but not because people care about scaling. All they wanted was free coins which wouldn't have been possible to obtain safely anyway. Now that's off the table it's back to alts.

Exactly, accumulation phase was going on in Bitcoin because of BTG and B2X free coins. Most of the people here in crypto community are in for short term huge profit. They invest in pumps and not in underlying idea. Nobody cares about tech or potential but short term gain. Same was happening with Bitcoin and altcoins. Excessive buying of Bitcoin lead to fake growth and hence correction is inevitable. But again some potential news regarding Bitcoin can reduce the effect and we might not see any major drop.

[Slark]

I have no idea what some of you are talking about - forking Bitcoin with SegWit2x in its current state is a suicide.
A lack of replay protection, possibility of coins being accidentally spent on both chains - is a major no-no and even Nick Szabo come out against SegWit2x.
I'm not against forking, upgrading or SegWit2x in general - but please don't' rush things and don't tinker with Bitcoin's future.

[bob3772]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

Ha, I'm sorry but I see about 0.0000001% chance of this happening, sure we will look for scalable alternatives but that does not mean bitcoin will crash so hugely, bitcoin will very likely not even breach 6000 usd.

[ChainSmoker]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

Back from the grave kwukduck? You should get an award for the best troll ever who never gets tired.You don't miss a chance to troll.Bitcoin price never gonna fall to 1000$ lol.We may see a small crash but it will recover as it always does

[2double0]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.

What made you feel like that? Scaleability? S2X was a hope? Nope. S2X was just another plan like BCH (in my views) and everybody wanted it for free coins, nothing else as they don't know what scaling is, they are just in for free money. And by the way, Bitcoin has already managed to scale the transactions and fees way better than it used to, after having SegWit into effect which helped it compress the transactions to include more of them and confirm faster with lower* fees.

* = Depends on a per-transactions basis.

We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

Nobody wanted S2X IMHO, so where's their hope diminished? Isn't it still there?
It will not go under 6k, mark my words.

[pugman]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

There is one small tiny ray of hope still, one, the fact that CME group of trading will list bitcoin in the future, which would make the demand and supply forces to be hyper reactive. Bitcoin, since it has crossed the 7.5k$ mark, a lot of corporates are thinking of making some use of bitcoin, this is going to have a less impact but still there is some hope still out there.

[Extr22]

till now SW2x cancelation only made small correction without crash . so hope to happen small crash in few days

[CoinsCoinsEverywhere]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

I disagree.  I think that the uncertainty over possible chaos with the segwit2x fork has been holding bitcoin back.  I, too, want to see cheaper and faster transactions, but given how the whole NYA went down, it seemed to me like the only good outcome of the fork would have been if segwit2x turned into another alt coin.  If it had taken over BTC, I think that a lot of trust would have been lost since there wasn't community consensus.  I was for the segwit2x changes but against the manner in which they tried to make them.

[adam1230]

I am looking for same thing to happen as i am all in to alt coins lets wait and see how bitcoin price bleeds.
I hope we will see 5000$ until christmass

[Wind_FURY]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

Thanks kwukduck, you have given us another bullish trading signal as you did in your posts in the past.

Everyone, in case you did not notice, all of kwukducks's bearish posts are a good indicator to buy more Bitcoins. He has perfect timing on giving his bearish signals, but what happens is the opposite.

[ivrynx]

The drop was a healthy pull back, since the segwit2x seems to by hyped hours before the said time that segwit2x will happen, and now we are seeing a correction in the market, since it is clear the segwit2x was postponed or canceled at this time, but they never said that they will not pursue with it some other time. Now that there is a drop, it best to buy bitcoins now and not panic, because of the drop, we still need to analyze all our options and make sure we still profit even there is a drop.

[adam1230]

I totally agree that price will crash soon. Already we are below 7000 and bleeding like cancer.
In my opinion we will see 3000$ in few weeks . All people were waiting sw2x fork and a faster network.

[jubalix]

2x is going to go ahead

how is kwuckduck related to proudhon?

[aso118]

we are already under $7000. No matter what people say, the community staying united does matter. We could have been at $10000 if we didn’t have so much uncertainty about forks.

[kwukduck]

Oh boy look how wrong i am again. Yesterday we were at 7800 usd,  now we're at 6800,  losing 1000 usd in a few hours... mehhh it's not crashing at all. My prediction is so unrealistic lol.

Fact is hope is gone for Bitcoin.

It doesn't scale, it will not scale,  it's an environmental disaster.
People will invest in real scaleable solutions that work.

[Eternu]

SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.

You are wrong on so many levels, and it makes me sad to see that there are so dark people like you. We hear words of Doom day for Bitcoin coming all the time... but yet here we are, still dealing with Bitcoin and everything that goes with it. SW2x was not Bitcoins hope, it was something that some people supported and some didn't. And now people have decided that it will be best not to implement SegWit2x. Scaling of Bitcoins price was expected, but those numbers that you think we will see, are just impossible. As of people who don't believe in Bitcoin, well they are free to go, but soon they will see that leaving Bitcoin is bad idea. You should have more hope, and with that more value.

[HatakeKakashi]

As of nw we experiencing the peice of bitcoin decrease. Maybe because of the people buy bitcoin because they wait to segwit but the segwit is cancelled so they sell their bitcoin. Because if the fork is still on going they can get bitcoin gold but because the fork is cancelled they sell it . But I hope the price will increase again so dont worry about that it's normal to every coin.