BTC Price Pumps and Forks - page 4. | Bitcointalksearch.org

Yuhee

sr. member

Activity: 546

Merit: 250

Quote from: BossMacko on October 13, 2017, 06:41:23 PM

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The Fork happens because of the war right now that is happening within the Bitcoin, i am hoping that this will be the last fork that can happen because i think with an absurd price of Bitcoin though it is a good thing for user who have Bitcoin but it will be hard for beginners to get a hold of a coin if the price is too much and price always pumps because of the fork.

Well as lowly traders we may say that we are not really affected by this fork but as a miner it is a good oppurunity to make easy mining with bitcoin. Hard forks is just to recognize old blocks from the network and if you are a miner, it is not just a new coin will be mined but also new apps will be made easy for the hardfork.

Dobmader

full member

Activity: 165

Merit: 100

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

As all of us know that the value of the bitcoin is now very high, all the people are investing in the bitcoin and having the bright future with eh bitcoin so it’s good to use the bitcoin and hold your bitcoin for the time when the value of the bitcoin will be more than double. The importance of the bitcoin is the thing that we all know its importance and the value so hold your bitcoin and wait till the price will give you the output and the rumors will be quite.

Youghoor

sr. member

Activity: 1036

Merit: 275

The price is only going to increase in the next days, and this is happening because of the upcoming fork, a lot of people are buying bitcoins only to be prepared for the fork, and that is exactly what i am doing too.
So dont be scared about it, it will probably go up a lot more before the day of the fork, so you have so many days to make profit.
But i will hold my bitcoins ultil i receive my free bitcoin goldies Kiss

BossMacko

hero member

Activity: 1134

Merit: 502

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The Fork happens because of the war right now that is happening within the Bitcoin, i am hoping that this will be the last fork that can happen because i think with an absurd price of Bitcoin though it is a good thing for user who have Bitcoin but it will be hard for beginners to get a hold of a coin if the price is too much and price always pumps because of the fork.

Hamphser

sr. member

Activity: 2534

Merit: 332

Quote from: audaciousbeing on October 13, 2017, 09:05:32 AM

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.

We cant say that it is unconnected on bitcoin itself because i do believe this fork things do really trigger or influence on its development and also to its price. I do have the same point too which i do see everytime theres a fork we do reach up new ATH and now we did already witness 1x fork and now theres another 2 possible upcoming forks which we do see the effects on bitcoins price in breaking up its previous ath and now we are now even reaching 6k which i do presume that it has really an influence on the price and talking on how many possible forks to happen then no one can tell you out.

GreatOrchid

legendary

Activity: 1092

Merit: 1001

Yes, altcoin market is so weird right now, most of my altcoins are in big red numbers, golem is more than -%20 since a few days. And it has been rising from $0,40 to $0,19 (atm price)
It is kinda scaring me, i dont know why altcoins are dropping that much, but it looks like if everyone is moving their funds to bitcoin, i think this is makes a lot of sense, because a new fork is comming, so probably it is really happening.

HeRetiK

legendary

Activity: 2912

Merit: 2066

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

It's kinda funny how everyone expected a reverse network-effect to occur due to the BCH hardfork. I guess pretty much all of us expected the combined value of BCH + BTC to be smaller than prefork-BTC's. What we got was a BCH airdrop and BTC came out stronger, for lack of getting killed.

So yes, I guess many expect the same to occur with Bitcoin Gold and B2X, which arguably leads to the price surge we are seeing right now. Well, I guess mainly due to B2X. Bitcoin Gold doesn't seem to be taken all that serious right now. Which also leads me to believe that possible future hardforks won't have much of an impact -- unless they are based on community consensus (or lack thereof) and central discussion points, as was the case with BCH and is the case with B2X.

Dailyroberts

member

Activity: 116

Merit: 100

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

There is no way to figure out how many more forks are on the way for the next years. Some rich people can decide a fork and they rent some developers to make this fork happen. This can be within a month or so.

We observed one on august, and the next one is on this month. Maybe several for the november and december, who knows.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: yasher on October 13, 2017, 08:02:04 AM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

The "they" is who I am still trying who it could be but its possible its you and I. The increase in price in my own opinion, cannot still be unconnected to the upcoming fork which is very simple. After the previous fork, we all learnt that above all, bitcoin still survives which means I need to be more prepared for the upcoming fork by ensuring that I have enough bitcoin saved up before that day in other to get the equivalent after the fork after that turn it into more bitcoin which is more money for me just by holding.

This is applicable to a lot of people across the globe and that makes the supply of bitcoin limited to the demand for it. Applying the basis terms of economics, the price is bound to spike. After the fork, I gain what I want, then we can sell, that explains why the price will drop slightly after that.

yasher

member

Activity: 84

Merit: 10

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

Topic: BTC Price Pumps and Forks - page 4. (Read 1284 times)