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Topic: BTC price down on yobit, btg now trading - page 2. (Read 963 times)

sr. member
Activity: 770
Merit: 254
October 23, 2017, 07:59:56 AM
#6
So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.
I see price on poloniex and bittrex is 5700-5800$ and on yobit 5200$, i am not sure why there is such huge difference between yobit and other exchanges.
A lot of people seem to expect that bitcoin gold will cause the price of BTC to fall, simply because people are holding BTC to get free BTC gold. Once they've got it they'll move their money away from bitcoin.
Who is expecting that? There will be correction but i don't think bitcoin price will fall because of bitcoin gold. It will be another altcoin in my opinion.
legendary
Activity: 2050
Merit: 1184
Never selling
October 23, 2017, 07:52:19 AM
#5
price action of btc and btg is just stupid. hopefully things are a bit calmer on other exchanges when the split actually happens
legendary
Activity: 2050
Merit: 1184
Never selling
October 23, 2017, 07:38:24 AM
#4
looks like other exchanges are now following
legendary
Activity: 2050
Merit: 1184
Never selling
October 23, 2017, 07:37:28 AM
#3
or they'll sell the btg and buy btc, meaning price will go up.
full member
Activity: 280
Merit: 105
October 23, 2017, 07:35:52 AM
#2
So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.

A lot of people seem to expect that bitcoin gold will cause the price of BTC to fall, simply because people are holding BTC to get free BTC gold. Once they've got it they'll move their money away from bitcoin.
legendary
Activity: 2050
Merit: 1184
Never selling
October 23, 2017, 07:32:41 AM
#1
So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.
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