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Topic: Another Bitcoin fork on 25 October - page 2. (Read 3705 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 13, 2017, 05:43:24 PM
#88
The fork, which will be on November 25th, affects bitcoin prices positively. People sell altcoins and buy bitcoins. At this point, the price of bitcoin passes 5000 dollars.
The OP seems to be talking about the the bitcoin gold fork and not the segwit2x, but regardless of that you are correct, I thought that the forks will be detrimental to bitcoin but instead bitcoin is gaining value with each one of them, I never thought that was going to be possible but we just need to look at the price that  a huge price increase is going to happen again.
newbie
Activity: 46
Merit: 0
October 12, 2017, 07:40:30 PM
#87
I think this fork will not make a lot of difference. Seems very small follower in the community and the only interest of those follow this fork is the airdrop during the fork.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 12, 2017, 05:08:06 PM
#86
from article 5 days ago:
Quote from: CoinTelegraph
The project was apparently co-founded by Jack Liao, CEO of Hong Kong-based Bitcoin mining company LightningASIC. LightningASIC also conveniently sells the hardware that this new market of miners will need.
(hardware in question)
So they want to become a big fish in a small pond, instead of being a small fish in a big ocean that makes sense, but the only ones that are going to buy that are those that are not informed, after all who is going to mine that coin and for what purpose since no one is going to use it for anything except speculation.
sr. member
Activity: 476
Merit: 250
October 12, 2017, 10:58:56 AM
#85
The fork, which will be on November 25th, affects bitcoin prices positively. People sell altcoins and buy bitcoins. At this point, the price of bitcoin passes 5000 dollars.
True, all these altcoins gets dumped so hard, the 24h volume significantly decreasing, people are migrating their money to the promising bitcoin with free money called bitcoin gold.
Even though this event will just temporary untill all the bitcoin gold distributed, the altcoins will get pumped again soon after 25 october.
Yes, we should take this positive. Personally,  I love the fork on Nov 25th and why not, The BTC you hold on the 25th will be the amount of BCG you receive (on the 1st November). So, This not crazy!
full member
Activity: 508
Merit: 101
EXMR
October 12, 2017, 09:52:40 AM
#84
I think it wont affect bitcoin for such a long time,.just like what happen before.
member
Activity: 96
Merit: 10
NOW
October 12, 2017, 07:52:31 AM
#83
I think bitcoin price will grow massively before the fork.
People will try to get free bitcoin gold
For that people need to have bitcoin in their wallet.
And remember Bitcoin will always remain King.
Good strategy tho to attract more investments and pump the value
hero member
Activity: 2282
Merit: 505
October 12, 2017, 03:55:18 AM
#82
The fork, which will be on November 25th, affects bitcoin prices positively. People sell altcoins and buy bitcoins. At this point, the price of bitcoin passes 5000 dollars.
True, all these altcoins gets dumped so hard, the 24h volume significantly decreasing, people are migrating their money to the promising bitcoin with free money called bitcoin gold.
Even though this event will just temporary untill all the bitcoin gold distributed, the altcoins will get pumped again soon after 25 october.
full member
Activity: 322
Merit: 134
October 12, 2017, 03:50:58 AM
#81
I too would have to say that from what can be predicted, Bitcoin's immediate price will drop a little before it sky-rockets up - just like it did with BCH back in August 1. What is, however most certain, that this fork will not be as popular as the one before, since it has not gained that many votes. The price of Bitcoin Gold won't be as high as BCH (IMO, however I may be wrong.)
hero member
Activity: 1400
Merit: 536
October 12, 2017, 03:32:43 AM
#80
The fork, which will be on November 25th, affects bitcoin prices positively. People sell altcoins and buy bitcoins. At this point, the price of bitcoin passes 5000 dollars.
hero member
Activity: 798
Merit: 509
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October 12, 2017, 03:15:34 AM
#79
What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch Roll Eyes

I think the price of bitcoin is going up and every Altcoin is going down because of that fork as everyone is selling alts and saving bitcoins to claim bitcoin gold and one it hits the market people will sell it for bitcoin and its easy money.
Definitely! Price of bitcoin will take a hit once bitcoin gold is made as people will again buy altcoins by selling bitcoins.
No i don't think that bitcoin gold will get enough popularity.
After fork we might see btc falls, I think bitcoin gold will be successful this time unlike what happen in bitcoin cash since bch is just a trial of it before now we have idea on how split happens.

Don't talk when there's no sign of fall to be happen but if there's a fall down will come I think it is just a little upset to the price. But what I expect for that hardfork happen I think the price of bitcoins would pump harder. And people would particularly see that there is another great future come with bitcoins since many people are yet holding and see it as a good opportunity.
legendary
Activity: 988
Merit: 1000
October 12, 2017, 02:00:17 AM
#78
What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch Roll Eyes

I think the price of bitcoin is going up and every Altcoin is going down because of that fork as everyone is selling alts and saving bitcoins to claim bitcoin gold and one it hits the market people will sell it for bitcoin and its easy money.
Definitely! Price of bitcoin will take a hit once bitcoin gold is made as people will again buy altcoins by selling bitcoins.
No i don't think that bitcoin gold will get enough popularity.
full member
Activity: 672
Merit: 144
October 11, 2017, 11:06:08 PM
#77
There are two cryptos that will be introduce in the second hard fork they call it Bitcoin Gold and Bitcoin Segwit2x surely there would be an effect in the pricing of bitcoin during the hard fork but I was hoping that this would only make bitcoin value appreciate more just like before, there maybe fluctuations and sudden price change but I hope that would not make bitcoin value worst.
Is it necessary to again expect a drop in the price of Bitcoin? This happens quite often and my financial opportunity is a bit understated because of the last fluctuation in the rate. When it is over.
full member
Activity: 266
Merit: 111
October 11, 2017, 10:57:58 PM
#76
There are two cryptos that will be introduce in the second hard fork they call it Bitcoin Gold and Bitcoin Segwit2x surely there would be an effect in the pricing of bitcoin during the hard fork but I was hoping that this would only make bitcoin value appreciate more just like before, there maybe fluctuations and sudden price change but I hope that would not make bitcoin value worst.
newbie
Activity: 49
Merit: 0
October 11, 2017, 09:28:32 PM
#75
Can't hurt to get another fork dividend so long as it can be converted to BTC
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
October 11, 2017, 07:14:51 PM
#74
from article 5 days ago:
Quote from: CoinTelegraph
The project was apparently co-founded by Jack Liao, CEO of Hong Kong-based Bitcoin mining company LightningASIC. LightningASIC also conveniently sells the hardware that this new market of miners will need.
(hardware in question)
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 11, 2017, 05:43:15 PM
#73
I think bitcoin price will grow massively before the fork.
People will try to get free bitcoin gold
For that people need to have bitcoin in their wallet.
And remember Bitcoin will always remain King.
I do not know if the price is going to go up massively but at least we are finally seeing bitcoin moving up after the past weeks and all the FUD we had, I think it is possible we see a price of 5000 before the hard fork since everyone will want to get in bitcoin so they can get their bitcoin gold and then sell it for a profit.

yah i also think that $5000 is just a matter of time now, it'll be before the fork or after although it can be both since most people are expecting the same thing that happened on august first fork where every bitcoin holder gets a free bitcoin cash--depends on how much they own--. Thats why the most possible reason why bitcoin is pumping now is because the bigger amount of bitcoin you hold the bigger bitcoin gold you'll have. its also the reason why most altcoins are red since people are dumping it because of bitcoin.
We still have 14 days before the fork and the price is high enough, I have not checked in other exchanges to see if the price of 5000 was hit already or not, but according to coinmarketcap we are close to get to that point, so I think we need to prepare for another bull run.
sr. member
Activity: 537
Merit: 250
October 11, 2017, 10:45:16 AM
#72
It'll be similar to BCC at best; at worst it'll be ignored all together. everyone is behind bitcoin and think it should remain in the 1st place, and they are not wrong.
Bitcoin Gold isn't anything special, and will definitely not cause Bitcoin any harm. It will fork out this month, end then function as pure altcoin that from that point has no ties with Bitcoin anymore.

The only reason people get excited about Bitcoin Gold is that it will allow them to cash out the coins they obtained without doing any effort. Once people are done dumping, this coin will eventually dry out.

I will cash them out likely at the very early stage, or wait for the initial dumping to stop to get the most out of this 'opportunity'. I however don't expect its price to be anything spectacular like how BCC has been pumped.

Yes, people expected to get free coins after hard fork, just like happened with Bcash free distribution to everyone, but the news remain unclear imo.
I've read about BTG will be sold through ICO, You may want to read this; https://bitcointalksearch.org/topic/ann-bitcoingpu-btcgpu-forked-spinoff-new-pow-adjusting-size-cap-segwit-2133536
it will be sold to ico investor.
1BTC=10BTG.
this ICO will help BTG chain the longest Bitcoin blockchain.
all rised BTC will used to hire developors, advertisement, etc.

I can't find an official ANN thread of BTG hard fork, if there is a thread to get more information about it, will be helpful.

But, you may right, BTG hard fork won't harm bitcoin price instead of encourage people to buy more bitcoin due to "air drop" expectation.
OMG! I'm surprised about the fact that BTG was relating to the ico, And so, can you make a clarification regarding the truth about the bitcoin segwit 2x fork in the future? Does it will generate another forked coin such as bitcoin cash like another people said before? To complete all of the people's curiosity regarding the truth about the bitcoin gold itself.
And about the actual date of the bitcoin fork, and when? some people are saying 25 oct to be the date of the bitcoin fork. Is that true?
full member
Activity: 238
Merit: 108
October 11, 2017, 10:36:17 AM
#71
I think this upcoming hard fork will be similar for the first one last August which only affects the pricing of bitcoin before the day of fork but after that it does not make the market of bitcoin down instead it grows higher. We might experience sudden drop in bitcoin price but I don't think this would last for a long period its just that introduction of bitcoin gold must be establish like bitcoin cash
full member
Activity: 121
Merit: 100
October 11, 2017, 05:53:56 AM
#70
segwit2x is on nov 25th right?
full member
Activity: 1008
Merit: 101
October 11, 2017, 05:36:18 AM
#69
It'll be similar to BCC at best; at worst it'll be ignored all together. everyone is behind bitcoin and think it should remain in the 1st place, and they are not wrong.
Bitcoin Gold isn't anything special, and will definitely not cause Bitcoin any harm. It will fork out this month, end then function as pure altcoin that from that point has no ties with Bitcoin anymore.

The only reason people get excited about Bitcoin Gold is that it will allow them to cash out the coins they obtained without doing any effort. Once people are done dumping, this coin will eventually dry out.

I will cash them out likely at the very early stage, or wait for the initial dumping to stop to get the most out of this 'opportunity'. I however don't expect its price to be anything spectacular like how BCC has been pumped.
Noting will happen to bitcoin because the bad fork for bitcoin was when china banned bitcoin and now bitcoin is much stronger and powerful then before and now I think bitcoin is use to with market and can understand market value but I also believe not only 25 DEC fork bitcoin will handle but also coming fork in future bitcoin will adjust easily.
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