BTC drop after fork 25th | Bitcointalksearch.org

Intersan

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Quote from: Klausi on October 29, 2017, 05:36:52 AM

Quote from: traderperspective on October 17, 2017, 11:25:12 AM

Do you think the value of Bitcoin gold is priced into the price of BTC, thus we will see a drop similar to the value of Bitcoin Gold after the fork?

Bitcoin value will drop but only in the slightest margin maybe at $5,500 only because lot of people now already learned and hardened by their past experiences during China ban and JP Morgan criticism, that only those did not experience the past events will probably will panic and sell their bitcoin. Anyway if the price fall at $5,000 or below it will be an opportunity to buy bitcoin at the cheaper price.

People are easily shaken by a sudden dumo in the market prixe causing them to sell their coins even at low price and making the price even lower. The fork that had happened in August had me and I really do regret selling at that time, bitcoin eventually recover and its price price is already tripled. I have loss big time because of panic selling and it had served as a lesson to me to never go panic selling even if many people are.

wxa7115

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Quote from: tj4dmx on October 23, 2017, 03:45:03 AM

I dont think BTG will live up to expectations !!

But the expectations for bitcoin gold were never high, I think that most of the forum knew bitcoin gold was a shit coin, I never expected anything out of it especially since they announced there was not going to be any replay protection when I saw that any possible interest that I may have in the project vanished, I’m not going to risk losing my bitcoin so I can get a few extra dollars dumping that coin.

Carlsen

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I think we have seen that BTG fork had no measurable impact on the price of bitcoin.
Although it has been now six days after the fork, there are only a few exchanges that actually trade BTG.
The major ones are investigating the software and have not decided what to do.
I think that is not a good start for a new currency.
Maybe BTG will help to prevent other possible forks in the future.

Eternu

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I am not sure what kind of impact will Bitcoin Gold have on Bitcoins price, but I don't think that they will be in direct connection. Bitcoin Gold will be separate cryptocurrency, therefor it will have its own price. How much will it be worth... I don't know. But one thing will be for sure, Bitcoin price will go a bit down after fork. Also it will go up after segwit2x. Bitcoin price always rise.

Klausi

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Quote from: traderperspective on October 17, 2017, 11:25:12 AM

Do you think the value of Bitcoin gold is priced into the price of BTC, thus we will see a drop similar to the value of Bitcoin Gold after the fork?

Bitcoin value will drop but only in the slightest margin maybe at $5,500 only because lot of people now already learned and hardened by their past experiences during China ban and JP Morgan criticism, that only those did not experience the past events will probably will panic and sell their bitcoin. Anyway if the price fall at $5,000 or below it will be an opportunity to buy bitcoin at the cheaper price.

atc1-REAL

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As expected, one the fork was done, money flowed out of BTC into alts. The initial appreciation was to hold btc for the fork, and then sell it later. There was a slight panic selling immediately after,but now it has recovered from $5.5k to $5.8k. That downward trend is done, and correction is happening again after the swing.

bitcoin31

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I did not feel the fork last october 25 because the price of bitcoin on that day is stable and still increasing. But they have another fork and I think the effect will feel so be readt maybe the price will increase more or it will drop . We don't know what happem to the price if its decrease but for sure more people want bitcoin become stable or increase the price. Whatever happen to bitcoin Im always there .

MoonJeina

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Many speculations and predictions were made regarding the fall of bitcoin after the introduction of fork of bitcoin gold . But that is totally dependent on how many people actually invest in bitcoin gold . The current price of bitcoin remains high and there is no major dip witnessed after the introduction of fork .
In the past , many such forks had happened which lowered the value of bitcoin for a small period of time but later on bitcoin came flying high .

owengtam09

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Quote from: HarryKPeters on October 28, 2017, 08:31:21 PM

I am suprised the price is still at this high poin.I had expected it to go under 5k.
Perhaps the sell pressure will start after this large of Segwit 2x. Anyway happy i am holding for the long term. Because on 2 years I am quite bullish.

Yeah, the price is still high up until now, bitcoin price did not get dump this time, but is the hard fork already done? I don't feel anything last Oct. 25th. But after that I think a lot of us still hold their bitcoin and did not do panic selling since they know that bitcoin will still pump high after the hard fork.

HarryKPeters

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I am suprised the price is still at this high poin.I had expected it to go under 5k.
Perhaps the sell pressure will start after this large of Segwit 2x. Anyway happy i am holding for the long term. Because on 2 years I am quite bullish.

ivrynx

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the drop is just a normal scenario, we must take a look at investments not to get easy money, we are in it fora long period of time. the drop is just an adjustment, a correction in the market, since bitcoin gold was hyped, the value of bitcoin itself soared high as well, this is due to the fact that once you have bitcoin before the the you will also received an airdrop, boosting the value of your investment, and as an investor, one of the fundamentals is to buy high and sell low, we should also take into consideration there are altcoins, and during this period the value of altcoin had dropped, and there are a lot of altcoins that are very promising, there is now way, investors will not look into it, and after gaining value on bitcoin, we could easily trade it with promising altcoins, this is what i see that had happened, but the drop of bitcoin will not lead to its death, bitcoin just had a correction and now we are seeing the real value of bitcoin, we just don't need to worry since this is expected in investments.

wxa7115

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Quote from: sonicwave on October 21, 2017, 12:34:41 PM

Quote from: cryptocrusher on October 21, 2017, 09:57:02 AM

I think this is the case, though I do expect BTC to continue rising until the day of the fork, I then expect a very sudden fall back down to about 5k.

If the fall is so insignificant - then we need not be afraid. But if bitcoin drops to 3000, many will worry and panic sell coins

Which will be a terrible mistake bitcoin is going to keep on climbing, those that panic sell are only going to lose money with that maneuver, if the price dropped that much I will buy bitcoin at that price, that will be a perfect point to get into bitcoin since we will be very far way from the all time high so the chances of getting profits will be great.

hachiman13

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The supply has decrease due to the fact that many have traded their btc for btg or they have converted it back to altcoins. I'm expecting this to happen once again on november where another fork might happen. Price will increase before fork then go back down again after, I presume.

shalnark

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Quote from: Izarok on October 26, 2017, 12:17:16 AM

Quote from: traderperspective on October 17, 2017, 11:25:12 AM

Do you think the value of Bitcoin gold is priced into the price of BTC, thus we will see a drop similar to the value of Bitcoin Gold after the fork?

The drop in pricing is due to the people making profit out of the fork. The BTG fork cause a bit of disrupt in price but not that large. After the fork, BTC will go up again stay on that trend until the year ends.

For now we can't feel the effect of hard fork, also they cannot see immediately the consequence of this segwit. Probably bitcoin value were not damage too much because when I review their price in the market it was on normal price. Maybe we need to wait for one week to see the effect of hard fork to bitcoin, hopefully bitcoin earn good result after segwit.

Izarok

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Quote from: traderperspective on October 17, 2017, 11:25:12 AM

Do you think the value of Bitcoin gold is priced into the price of BTC, thus we will see a drop similar to the value of Bitcoin Gold after the fork?

The drop in pricing is due to the people making profit out of the fork. The BTG fork cause a bit of disrupt in price but not that large. After the fork, BTC will go up again stay on that trend until the year ends.

Maingtoled1958

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Quote from: traderperspective on October 17, 2017, 11:25:12 AM

Do you think the value of Bitcoin gold is priced into the price of BTC, thus we will see a drop similar to the value of Bitcoin Gold after the fork?

i think after users get BTG and try to back to BTC (because they can gain more than BTG) price will increase so that i think price will down to 5000$ and back rise to 6500$

carlisle1

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Quote from: OracionSeis on October 25, 2017, 11:46:05 AM

Quote from: wxa7115 on October 24, 2017, 11:51:14 AM

Quote from: jackfruit on October 17, 2017, 07:34:51 PM

There is another fork just a month after 25th. Unless you are a day trader, i wouldn't worry much about it. Just stick with your Bitcoins and make sure to keep them safe. I think 2018 will be a great year for Bitcoin. There was always a thread popping up on the forums asking whether or not BTC will see 10k one day. Today, we ask "when" Bitcoin will se 10k. I guess i kind of made my point. Wink

It was not long ago when people were wondering if we were going to see bitcoin at 1000 dollars ever again and now we are wondering when we are going to reach 10000 dollars is funny how things can change so fast in less than a year and the best part is that bitcoin still has a long way to go since this year has not ended, I will not be surprised if we saw bitcoin above 8000 before the end of the year.

And I would not be surprised if I saw the Bitcoin price go back to $4,000 before increase and reach to $8,000 as your said. But in my opinion, at least this target need to wait until next year, isn't before the end of this year Cheesy

well we really cant predict how the movement will go from here so after the fork some of the holders are selling their coins for benefits and will jumped to
another alts while waiting again for panic holders to dumped their btc and for sure it will just repeated itself that it will be just bought by the whales and
hold again.

OracionSeis

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Quote from: wxa7115 on October 24, 2017, 11:51:14 AM

Quote from: jackfruit on October 17, 2017, 07:34:51 PM

There is another fork just a month after 25th. Unless you are a day trader, i wouldn't worry much about it. Just stick with your Bitcoins and make sure to keep them safe. I think 2018 will be a great year for Bitcoin. There was always a thread popping up on the forums asking whether or not BTC will see 10k one day. Today, we ask "when" Bitcoin will se 10k. I guess i kind of made my point. Wink

It was not long ago when people were wondering if we were going to see bitcoin at 1000 dollars ever again and now we are wondering when we are going to reach 10000 dollars is funny how things can change so fast in less than a year and the best part is that bitcoin still has a long way to go since this year has not ended, I will not be surprised if we saw bitcoin above 8000 before the end of the year.

And I would not be surprised if I saw the Bitcoin price go back to $4,000 before increase and reach to $8,000 as your said. But in my opinion, at least this target need to wait until next year, isn't before the end of this year Cheesy

Lumada

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Quote from: beerlover on October 25, 2017, 09:42:13 AM

Quote from: tj4dmx on October 23, 2017, 03:45:03 AM

I dont think BTG will live up to expectations !!

BTG live up to expectation ? Are we even expecting anything from a shit coin ?

BTG will be dumped very fast even by the devs themselves, and I see the coin as just a scam. Everyone will quickly want to pick up the little value they can quickly get from it as fast as possible. BTC on the other hand is what I do not see dropping after the 25th fork, it is possible we see a pretty much more rise or a stable price before the November fork.

It may drop since some uaers might spend it tp do more tradings now, some isers were into spending it in a way to make it grew by themselves or their own strategy pf investing or trading it than stucking it on theor wallets. It may dump awhile but definitely will recover.

beerlover

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Quote from: tj4dmx on October 23, 2017, 03:45:03 AM

I dont think BTG will live up to expectations !!

BTG live up to expectation ? Are we even expecting anything from a shit coin ?

BTG will be dumped very fast even by the devs themselves, and I see the coin as just a scam. Everyone will quickly want to pick up the little value they can quickly get from it as fast as possible. BTC on the other hand is what I do not see dropping after the 25th fork, it is possible we see a pretty much more rise or a stable price before the November fork.

Topic: BTC drop after fork 25th (Read 3423 times)