bitcoinsc (OP)
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December 04, 2018, 01:55:13 AM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
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Ethereum and Uniswap.
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batang_bitcoin
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December 04, 2018, 03:17:30 AM |
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Bitcoin didn't lost its value due to its fork.
To be honest, its value is keep on increasing.
Value =! price
If you understand that value and price has different meaning but people are determining it that way and mistakenly comparing these two as one.
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Rent this sig space so that BTC goes to $100k.
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tuthienloc92bk
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December 04, 2018, 07:45:38 AM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
I think there is a misunderstand here. If there was a direct fork from Bitcoin, it could be considered as a reason of falling Bitcoin price. Fork of fork is not affecting to Bitcoin anymore.
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Olatunjex
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December 04, 2018, 08:20:19 AM |
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Of course no, the fork from bitcoin forked doesn't have anything to do with value of bitcoin, the supply of bitcoin and it's fork are different, bitcoin stands on it's own bitcoin will see previous value again and above it.
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l10no
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December 04, 2018, 09:23:02 AM |
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in my opinion bitcoin will not be affected by all that, it will actually slightly increase the capabilities of bitcoin itself, the price decline that occurs is certainly very disturbing some of the other altcoins, but not the slightest affect bitcoin, meaning it is independent with itself
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NeuroticFish
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December 04, 2018, 09:31:31 AM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
The price drop could have been indeed caused by the drama around the forks and because many don't understand that Bitcoin is not the same as Bitcoin Cash, Bitcoin Gold, Bitcoin Apple, Bitcoin Banana and whatever altcoin some decide to fork. Bitcoin supply is not related to any of those altcoins. But I understand your point. A lot of people don't read where they invest, and then the lack of knowledge makes them dump, often the wrong investment or at the wrong time because of that. Maybe you should try to read more about Bitcoin too.
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Mt. Dempo
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December 04, 2018, 09:56:20 AM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
if you still have Bitcoin, then you will not lose value. there are many reasons that make the market fall and maybe the big cause of this collapse is a big dump carried out by developers or ico and investors who panic at the value of their portfolios.
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andongdanisi
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December 04, 2018, 10:01:56 AM |
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Bifurcated coins cause the entire market price to fall, but I don't think this is the only reason. For example, when the price of ETH falls, the price of XRP rises, which seems more like a plan!
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sinkfish
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December 04, 2018, 12:23:11 PM |
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the important is, you dont lose the amount of bitcoin you hold losing bitcoin is worse than losing bitcoin value.
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passeroutpass
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December 04, 2018, 12:32:18 PM |
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I think it was one of the main reasons why bitcoin fell so much in value. Or rather, I think that this was just used by major players (whales) to drop the price
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kutangterbang
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December 04, 2018, 12:46:42 PM |
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I disagree, I think the forks are living on Bitcoin, because Bitcoin is the King of all coins, it is impossible for Bitcoin to rely on forks
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craked5
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December 04, 2018, 12:48:24 PM |
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it is not becuse of the form. the market is cleaning itself from useless people and money. only those will stay, who work here or could afford to wait 1-2 years.
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icalical
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December 04, 2018, 01:37:43 PM |
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I don't know that fork can cause the price drop, it is possible but I don't think for give significant effect to the market value of a crypto. The main reason why bitcoin and crypto price keep decreasing are these things (in my opnion):
1. Scam projects that make crypto look bad for new investors. 2. Fake bad news about crypto. 3. Whale that own so many bitcoin, (75% of bitcoin supply own by small group of people) and they start the dump, make other small investors do panic sell.
Those are not easy problems to be fixed.
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bitkanu
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December 04, 2018, 01:42:37 PM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
I do. The demand has been divided into these useless forks coins. Remember when satoshi was creating a new friend on his social account and then that proves if craight wraight just a liar. These forks were creating by greedy person.
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Holla123
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December 04, 2018, 01:44:14 PM |
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The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
The BCH fork did not help the market. I think it has significantly weakened the position of BCH and reinforced Bitcoin as undisputed number one. Scenario still valid for Bitcoin getting used as store of value and alternative for gold.
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Vaniaayu
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December 04, 2018, 02:34:21 PM |
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I agree, because Bitcoin forks as a driver of Bitcoin are getting faster and faster, if there are no forks, I'm sure the existence of bicoin won't be as strong now
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iTradeChips
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December 05, 2018, 07:51:59 AM |
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Definitely not the main reason why bitcoin fell. There are many factors we really need to consider for bitcoin to fall down. But what really need to be checked on is basically the effect of bitcoin has with the altcoins. Hopefully we can see good things coming with the next year.
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passeroutpass
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December 05, 2018, 08:48:01 AM |
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Definitely not the main reason why bitcoin fell. There are many factors we really need to consider for bitcoin to fall down. But what really need to be checked on is basically the effect of bitcoin has with the altcoins. Hopefully we can see good things coming with the next year.
At the beginning of 2018, we expected that at the end of the year there would be a rise of cryptocurrency, but we saw only a strong fall. I do not know what to expect in 2019.
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kuverty
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December 05, 2018, 09:04:43 AM |
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The strength of bitcoin lies on the fact of scarcity and though price can trade in the range for few months but eventually it will go up as more and more underlying technology is accepted by mainstream.
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xuv500
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December 05, 2018, 10:24:18 AM |
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Definitely not the main reason why bitcoin fell. There are many factors we really need to consider for bitcoin to fall down. But what really need to be checked on is basically the effect of bitcoin has with the altcoins. Hopefully we can see good things coming with the next year.
At the beginning of 2018, we expected that at the end of the year there would be a rise of cryptocurrency, but we saw only a strong fall. I do not know what to expect in 2019. Not only you the whole had different thoughts as expectations were higher and dreams were beyond the limit it seems, but even MacAfee also stated the value may go $50 k plus this year. Even he became a liar, right? no one can predict what will happen in future but one thing for sure those who have plans for long-term have a bright future.
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