A new era of bitcoin forks will propel BTC to 100,000

drachman

sr. member

Activity: 756

Merit: 252

Quote from: EcoChavCrypto on November 24, 2017, 04:35:06 PM

But the price of bitcoin does not depends on forks, they are just pure speculative, and they all have been created for just one purpose, pump & dump bitcoin, it is all a huge conspiracy.

Just look at the charts and the recently events that bitcoin had, everytime that bitcoin goes down, people buy bitcoincash and it goes up again.. Suddenly people move back again to bitcoin to buy at 500 - 1000 dollars less, they make a huge profit from that.

And then the same thing repeats, they earn a lot of money through bitcoin cash, a huge amount of money when they switch again to bitcoin.

It will keep happening because they want more money than us.

All those forks have been making bitcoin bleed a lot, but maybe without them, bitcoin would not have the price that it has now.

Correct it is the other way around, the forks are the ones that are dependent on bitcoin, bitcoin does not need forks or any other coin for that matter but all the other coins depend on bitcoin and this is even more true for forks because if they did not had bitcoin on their name no one will invest in them.

Sephire

full member

Activity: 700

Merit: 136

BTC can easily go to $40K - $50K in 2018. More and more money is flowing in
cryptos and BTC is the top beneficiary.

krankNL

full member

Activity: 225

Merit: 100

Quote from: Mazt rhiezt on November 24, 2017, 09:01:26 PM

Quote from: NathanJB on November 24, 2017, 08:40:46 PM

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

If they continue to fork and fork and fork, Bitcoin will definitely rise along for as long as there are free coins after the forks. The mentality is always in favor of the free give-aways. If people are even exerting effort in trashcoins being airdropped, how much more in the coins from Bitcoin's forks. That would be much juicy even if it will arrive at Bitcoin Stone, Bitcoin Soil, Bitcoin Mud, and so on. At the end of the day, Bitcoin will be forgotten because of a thousand forks.

yes it is true because anyone will be very eager to receive the reward after the fork occurs.
and I think the bitcoin drive is very smart, in that way he indirectly attempts to block any coin to reach the top with the BCH and BTG adding to its strength.

Those useless bitcoin fork coins does nothing but they make bitcoin even stronger every time they generate another fork coin. People want and buy more bitcoin to get that forks seen as free money by them.

xPPx

sr. member

Activity: 531

Merit: 250

I don't know what BTC will hit, but this is just the tip of the iceberg. The key is mass adoption. I'm just sitting here waiting for Oprah to mention "Bitcoin" just ONCE! LOL!

jorneyflair

hero member

Activity: 672

Merit: 500

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

Bitcoin won't reach $100k at least this year. Trust me on this. I would bet on bitcoin going to $10k this year but definitely not $100k, that's just some crazy predictions and absolutely 0 evidence to back it up.

Remember that when forks happen, it's actually taking away value from bitcoin technically.

Bitcoin won't rise as a result of these forks, the best that can happen to BTC price is it stays put, if it doesn't drop.

Mazt rhiezt

sr. member

Activity: 462

Merit: 250

Quote from: NathanJB on November 24, 2017, 08:40:46 PM

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

If they continue to fork and fork and fork, Bitcoin will definitely rise along for as long as there are free coins after the forks. The mentality is always in favor of the free give-aways. If people are even exerting effort in trashcoins being airdropped, how much more in the coins from Bitcoin's forks. That would be much juicy even if it will arrive at Bitcoin Stone, Bitcoin Soil, Bitcoin Mud, and so on. At the end of the day, Bitcoin will be forgotten because of a thousand forks.

yes it is true because anyone will be very eager to receive the reward after the fork occurs.
and I think the bitcoin drive is very smart, in that way he indirectly attempts to block any coin to reach the top with the BCH and BTG adding to its strength.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

If they continue to fork and fork and fork, Bitcoin will definitely rise along for as long as there are free coins after the forks. The mentality is always in favor of the free give-aways. If people are even exerting effort in trashcoins being airdropped, how much more in the coins from Bitcoin's forks. That would be much juicy even if it will arrive at Bitcoin Stone, Bitcoin Soil, Bitcoin Mud, and so on. At the end of the day, Bitcoin will be forgotten because of a thousand forks.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: topesis on November 24, 2017, 04:05:19 PM

I think you need to see the true picture here, there are alot of strong fundamentals to drive the price of BTC up and all these useless forks won't be part of it

At least the fork brings the demand to earn the free forked coin through buying the bitcoin itself. As many people said about that gives direct impact to the bitcoin to gives the massive buy for bitcoin.
The price increased a lot since the fork of the bitcoin cash. But after seeing the bitcoin forked coin and it looks like the bitcoin generates the more shitcoin with nothing to be offered.

drachman

sr. member

Activity: 756

Merit: 252

Quote from: makuny on November 15, 2017, 02:55:57 PM

BTC never go over 15k
This is what i think. 100k... never!

People have been saying that bitcoin cannot reach a particular price since the beginning and bitcoin has been proving them wrong, 15k is not that far away, 100k is far away but bitcoin is going to eventually reach that price in the future, there is no way to stop bitcoin and most people in the forum know that.

NaissuR

full member

Activity: 126

Merit: 100

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

bitcoin shit is the real bitcoin
go flippening

Jherek

sr. member

Activity: 476

Merit: 250

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

I don't get why bitcoin will rise only as a result of forks.

My opinion is that bitcoin will rise simply because people will get into bitcoin more and more and bitcoin's popularity as well as media coverage will soar as a result. nothing special here about forks or whatever. A lot of people actually dump fork coins as soon as they come out.

In my opinion, $100k per BTC is very likely to happen, but only if we give enough time. No way it's going to happen within this current decade, but maybe the next.

EcoChavCrypto

sr. member

Activity: 448

Merit: 250

But the price of bitcoin does not depends on forks, they are just pure speculative, and they all have been created for just one purpose, pump & dump bitcoin, it is all a huge conspiracy.

Just look at the charts and the recently events that bitcoin had, everytime that bitcoin goes down, people buy bitcoincash and it goes up again.. Suddenly people move back again to bitcoin to buy at 500 - 1000 dollars less, they make a huge profit from that.

And then the same thing repeats, they earn a lot of money through bitcoin cash, a huge amount of money when they switch again to bitcoin.

It will keep happening because they want more money than us.

All those forks have been making bitcoin bleed a lot, but maybe without them, bitcoin would not have the price that it has now.

topesis

hero member

Activity: 630

Merit: 500

I think you need to see the true picture here, there are alot of strong fundamentals to drive the price of BTC up and all these useless forks won't be part of it

Nascor

full member

Activity: 197

Merit: 100

It might reach hundred thousand as you mention, but the reason won't be because you blockchained beans.. there will probably be other services around that will do that. Bitcoin since the very start is functioning exclusively as a transfer of value and that is what made it so popular, don't forget the first whitepaper released and its title, that will explain a lot. From the other side, you should keep your expectations a bit more conservative considering that we still have to see how many people will start adopting Bitcoin. There is definitely a lot of potential but at the same time you have everyone investing in things they don't understand, so you start wondering whether everything will simply crash one day and whether you'll be crashed along.

Delicat

full member

Activity: 140

Merit: 100

BTC price remains highly speculative, but once people get used to all these forks, then i dont think it will do much impact to the price.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: Lontonbit on November 15, 2017, 02:29:37 PM

Bitcoin silver, copper, aluminum, water, beans...bitcoin anything!

I am really see this hardfork issue as a big things that is going to influence bitcoin price in future. I don't think we should be over worry about hardfork or splitting again as it has proven to pump the price more than any other news. The August hardfork that lead to the birth of bitcoin cash pushed bitcoin price from $1,650 to close to $5000 before the last issue we have with bitcoin gold. I think many of the fork is coming up in future am I think it will still be to bitcoin favor.

Zakhal

full member

Activity: 280

Merit: 100

I love crypto

There should be fork every month for 10 years. We would all become millionaires! Its so easy!

Bittoshi

full member

Activity: 280

Merit: 100

Quote from: Hesaplar on November 15, 2017, 03:42:03 PM

Quote from: makuny on November 15, 2017, 02:55:57 PM

BTC never go over 15k
This is what i think. 100k... never!

Pretty bad advice.
They said Bitcoin will never go 100 USD. Bitcoin did.
They said Bitcoin will never go 1000 USD. Bitcoin did.
They said Bitcoin will never go 7500 USD. Bitcoin did.
They said Bitcoin will never go 10.000 USD. Bitcoin will be.

I just don't think it has correlation between all these forked chains.

I agree. BTC can easily reach $50.000 or more but the question is if it will stay at such high prices for long.

Crypto_Jay_99

full member

Activity: 126

Merit: 100

Quote from: Zandar on November 15, 2017, 08:19:24 PM

I think by the time BTC actually reaches 100k, it will be in another lifetime, like a century from now, so we won'see it either way. It would be nice to at least see it go to 25k around the year 2030 orso.

Once institutional money flows in, prices could easily go up x10.
For comparison, the gold market cap is 9 trillion, bitcoin is only 110 billion at the moment. That's still almost x100 to go.

Of course, it could also go back to 100 USD, you never know...

mummybtc

hero member

Activity: 868

Merit: 500

Quote from: makuny on November 15, 2017, 02:55:57 PM

BTC never go over 15k
This is what i think. 100k... never!

I hope you know halving is coming and if the new money coming into the space continued,I expect the price to be over $25k by then, even this year I think we will likely test 10k which will generate a new exictment

Topic: A new era of bitcoin forks will propel BTC to 100,000 (Read 943 times)