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Topic: Bitcoin value lost with the fork - page 2. (Read 362 times)

sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
December 04, 2018, 09:37:43 AM
#13
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.
hero member
Activity: 840
Merit: 529
December 04, 2018, 08:48:24 AM
#12
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.
full member
Activity: 518
Merit: 134
December 04, 2018, 08:46:42 AM
#11
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
full member
Activity: 438
Merit: 100
December 04, 2018, 08:32:18 AM
#10
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
jr. member
Activity: 252
Merit: 1
December 04, 2018, 08:23:11 AM
#9
the important is, you dont lose the amount of bitcoin you hold losing bitcoin is worse than losing bitcoin value.
member
Activity: 379
Merit: 10
Buy, sell and store real cryptocurrencies
December 04, 2018, 06:01:56 AM
#8
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!
jr. member
Activity: 294
Merit: 1
December 04, 2018, 05:56:20 AM
#7
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.
legendary
Activity: 3668
Merit: 6382
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December 04, 2018, 05:31:31 AM
#6
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.
full member
Activity: 518
Merit: 101
December 04, 2018, 05:23:02 AM
#5
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
full member
Activity: 1064
Merit: 102
December 04, 2018, 04:20:19 AM
#4
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.
member
Activity: 364
Merit: 34
Fast, Smart, Trustworthy
December 04, 2018, 03:45:38 AM
#3
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.
hero member
Activity: 3080
Merit: 603
December 03, 2018, 11:17:30 PM
#2
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.
jr. member
Activity: 439
Merit: 1
December 03, 2018, 09:55:13 PM
#1
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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